Energizer 2014 Annual Report Download - page 63

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ENERGIZER HOLDINGS, INC.
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY
(Dollars in millions, shares in thousands)
DOLLARS SHARES
2014 2013 2012 2014 2013 2012
Common stock:
Balance at beginning of year $ 0.7 $ 1.1 $ 1.1 65,252 108,009 108,009
Treasury share retirement —(0.4) — —(42,757) —
Ending balance 0.7 0.7 1.1 65,252 65,252 108,009
Additional paid-in capital:
Balance at beginning of year 1,628.9 1,621.7 1,593.6
Activity under stock plans 12.4 7.2 28.1
Ending balance 1,641.3 1,628.9 1,621.7
Retained earnings:
Balance at beginning of year 1,144.1 2,993.2 2,613.0
Net earnings 356.1 407.0 408.9
Dividends to shareholders (126.2) (108.1) (25.6)
Treasury share retirement —(2,146.1) —
Activity under stock plans (1.0) (1.9) (3.1)
Ending balance 1,373.0 1,144.1 2,993.2
Common stock in treasury:
Balance at beginning of year (147.2) (2,328.7) (1,925.7) (2,928) (46,487) (40,933)
Treasury stock purchased (94.4) — (417.8) (1,000) — (5,924)
Treasury share retirement —2,146.5 — —42,757 —
Activity under stock plans 20.0 35.0 14.8 500 802 370
Ending balance (221.6) (147.2) (2,328.7) (3,428) (2,928) (46,487)
Accumulated other comprehensive (loss)/income:
Cumulative translation adjustment:
Balance at beginning of year 4.8 0.2 12.1
Foreign currency translation adjustment (83.0) 4.6 (11.9)
Ending balance (78.2) 4.8 0.2
Pension/postretirement liability:
Balance at beginning of year (178.2) (213.9) (189.1)
Pension/postretirement activity, net of tax (24.6) 35.7 (24.8)
Ending balance, net of tax of ($106.5) in 2014,
($94.9) in 2013 and ($113.8) in 2012 (202.8) (178.2) (213.9)
Deferred gain/(loss) on hedging activity:
Balance at beginning of year 0.5 (4.1) (3.7)
Activity, net of tax 9.4 4.6 (0.4)
Ending balance, net of tax of $4.6 in 2014,
$1.0 in 2013 and ($2.1) in 2012 9.9 0.5 (4.1)
Total accumulated other comprehensive loss (271.1) (172.9) (217.8)
Total shareholders' equity $ 2,522.3 $ 2,453.6 $ 2,069.5
The above financial statements should be read in conjunction with the Notes To Consolidated Financial Statements.
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