Energizer 2013 Annual Report Download - page 69

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ENERGIZER HOLDINGS, INC.
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY
(Dollars in millions, shares in thousands)
DOLLARS SHARES
2013 2012 2011 2013 2012 2011
Common stock:
Balance at beginning of year $ 1.1 $ 1.1 $ 1.1 108,009 108,009 108,009
Treasury share retirement (0.4) ——
(42,757) ——
Ending balance 0.7 1.1 1.1 65,252 108,009 108,009
Additional paid-in capital:
Balance at beginning of year 1,621.7 1,593.6 1,569.5
Activity under stock plans 7.2 28.1 24.1
Ending balance 1,628.9 1,621.7 1,593.6
Retained earnings:
Balance at beginning of year 2,993.2 2,613.0 2,353.9
Net earnings 407.0 408.9 261.2
Dividends to shareholders (108.1) (25.6) —
Treasury share retirement (2,146.1) ——
Activity under stock plans (1.9) (3.1) (2.1)
Ending balance 1,144.1 2,993.2 2,613.0
Common stock in treasury:
Balance at beginning of year (2,328.7) (1,925.7) (1,667.6) (46,487) (40,933) (37,653)
Treasury stock purchased —(417.8) (276.0) —(5,924) (3,749)
Treasury share retirement 2,146.5 ——
42,757 ——
Activity under stock plans 35.0 14.8 17.9 802 370 469
Ending balance (147.2) (2,328.7) (1,925.7) (2,928) (46,487) (40,933)
Accumulated other comprehensive (loss)/income:
Cumulative translation adjustment:
Balance at beginning of year 0.2 12.1 20.8
Foreign currency translation adjustment 4.6 (11.9) (8.7)
Ending balance 4.8 0.2 12.1
Pension/postretirement liability:
Balance at beginning of year (213.9) (189.1) (162.7)
Pension/postretirement activity 35.7 (24.8) (26.4)
Ending balance, net of tax of $(94.9) in 2013,
$(113.8) in 2012 and $(99.3) in 2011 (178.2) (213.9) (189.1)
Deferred (loss)/gain on hedging activity:
Balance at beginning of year (4.1) (3.7) (15.4)
Activity 4.6 (0.4) 11.7
Ending balance, net of tax of $1.0 in 2013,
$(2.1) in 2012 and $(3.7) in 2011 0.5 (4.1) (3.7)
Total accumulated other comprehensive loss (172.9) (217.8) (180.7)
Total shareholders' equity $ 2,453.6 $ 2,069.5 $ 2,101.3
The above financial statements should be read in conjunction with the Notes To Consolidated Financial Statements.
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