Estee Lauder 2015 Annual Report Download - page 86

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THE EST{E LAUDER COMPANIES INC. 83
CONSOLIDATED STATEMENTS OF EQUITY
YEAR ENDED JUNE 30 2015 2014 2013
(In millions)
Common stock, beginning of year $5.6 $ 5.6 $ 5.5
Stock-based compensation 0.1 — 0.1
Common stock, end of year 5.7 5.6 5.6
Paid-in capital, beginning of year 2,562.7 2,289.9 2,006.1
Stock-based compensation 308.9 272.8 283.8
Paid-in capital, end of year 2,871.6 2,562.7 2,289.9
Retained earnings, beginning of year 6,265.8 5,364.1 4,764.9
Common stock dividends (350.6) (302.4) (420.6)
Net earnings attributable to The Estée Lauder Companies Inc. 1,088.9 1,204.1 1,019.8
Retained earnings, end of year 7,004.1 6,265.8 5,364.1
Accumulated other comprehensive income (loss), beginning of year (100.3) (157.5) (212.9)
Other comprehensive income (loss) (281.2) 57.2 55.4
Accumulated other comprehensive income (loss), end of year (381.5) (100.3) (157.5)
Treasury stock, beginning of year (4,878.9) (4,215.2) (3,830.4)
Acquisition of treasury stock (927.7) (617.1) (342.6)
Stock-based compensation (50.1) (46.6) (42.2)
Treasury stock, end of year (5,856.7) (4,878.9) (4,215.2)
Total stockholders’ equity — The Estée Lauder Companies Inc. 3,643.2 3,854.9 3,286.9
Noncontrolling interests, beginning of year 14.5 15.0 14.3
Net earnings attributable to noncontrolling interests 4.5 5.0 4.0
Distributions to noncontrolling interest holders (5.8) (6.2) (4.2)
Other comprehensive income (loss) (2.1) 0.7 0.9
Noncontrolling interests, end of year 11.1 14.5 15.0
Total equity $ 3,654.3 $ 3,869.4 $ 3,301.9
See notes to consolidated financial statements.