Energizer 2012 Annual Report Download - page 68

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ENERGIZER HOLDINGS, INC.
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY
(Dollars in millions, shares in thousands)
DOLLARS SHARES
2012 2011 2010 2012 2011 2010
Common stock:
Balance at beginning of year $ 1.1 $ 1.1 $ 1.1 108,009 108,009 108,009
Activity under stock plans ——————
Ending balance 1.1 1.1 1.1 108,009 108,009 108,009
Additional paid-in capital:
Balance at beginning of year 1,593.6 1,569.5 1,555.3
Activity under stock plans 28.1 24.1 14.2
Ending balance 1,621.7 1,593.6 1,569.5
Retained earnings:
Balance at beginning of year 2,613.0 2,353.9 1,963.2
Net earnings 408.9 261.2 403.0
Dividends to shareholders (25.6) ——
Activity under stock plans (3.1) (2.1) (12.3)
Ending balance 2,993.2 2,613.0 2,353.9
Common stock in treasury:
Balance at beginning of year (1,925.7) (1,667.6) (1,702.4) (40,933) (37,653) (38,487)
Treasury stock purchased (417.8) (276.0) — (5,924) (3,749) —
Activity under stock plans 14.8 17.9 34.8 370 469 834
Ending balance (2,328.7) (1,925.7) (1,667.6) (46,487) (40,933) (37,653)
Accumulated other comprehensive (loss)/income:
Cumulative translation adjustment:
Balance at beginning of year 12.1 20.8 64.0
Foreign currency translation adjustment (11.9) (8.7) (43.2)
Ending balance 0.2 12.1 20.8
Pension/postretirement liability:
Balance at beginning of year (189.1) (162.7) (115.2)
Pension/postretirement activity (24.8) (26.4) (47.5)
Ending balance, net of tax of $(113.8) in 2012,
$(99.3) in 2011 and $(73.7) in 2010 (213.9) (189.1) (162.7)
Deferred (loss)/gain on hedging activity:
Balance at beginning of year (3.7) (15.4) (3.7)
Activity (0.4) 11.7 (11.7)
Ending balance, net of tax of $(2.1) in 2012,
$(3.7) in 2011 and $(9.0) in 2010 (4.1) (3.7) (15.4)
Total accumulated other comprehensive loss (217.8) (180.7) (157.3)
Total shareholders' equity $ 2,069.5 $ 2,101.3 $ 2,099.6
The above financial statements should be read in conjunction with the Notes To Consolidated Financial Statements.
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