Freeport-McMoRan 2013 Annual Report Download - page 85
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CONSOLIDATED STATEMENTS OF EQUITY
2013 ANNUAL REPORT | 83
FCX Stockholders’ Equity
Retained Accumulated
Common Stock
Common Stock
Capital in Earnings Other
Held in Treasury Total FCX
Number of At Par Excess of (Accumulated Comprehensive Number Stockholders’ Noncontrolling Total
Shares Value Par Value Deficit) Loss of Shares At Cost Equity Interests Equity
(In millions)
Balance at January 1, 2011 1,067 $ 107 $ 18,751 $ (2,590) $ (323) 122 $ (3,441) $ 12,504 $ 2,056 $ 14,560
Exercised and issued stock-based awards 4 — 48 — — — — 48 — 48
Stock-based compensation — — 117 — — — — 117 — 117
Tax benefit for stock-based awards — — 24 — — — — 24 — 24
Tender of shares for stock-based awards — — 67 — — 1 (112) (45) — (45)
Dividends on common stock — — — (1,424) — — — (1,424) — (1,424)
Dividends to noncontrolling interests — — — — — — — — (391) (391)
Contributions from noncontrolling interests — — — — — — — — 62 62
Total comprehensive income (loss) — — — 4,560 (142) — — 4,418 1,184 5,602
Balance at December 31, 2011 1,071 107 19,007 546 (465) 123 (3,553) 15,642 2,911 18,553
Exercised and issued stock-based awards 2 — 15 — — — — 15 — 15
Stock-based compensation — — 100 — — — — 100 — 100
Tax benefit for stock-based awards — — 7 — — — — 7 — 7
Tender of shares for stock-based awards — — 7 — — 1 (23) (16) — (16)
Dividends on common stock — — — (1,188) — — — (1,188) — (1,188)
Dividends to noncontrolling interests — — — — — — — — (113) (113)
Change in ownership interests — — (17) — — — — (17) 17 —
Contributions from noncontrolling interests — — — — — — — — 15 15
Total comprehensive income (loss) — — — 3,041 (41) — — 3,000 938 3,938
Balance at December 31, 2012 1,073 107 19,119 2,399 (506) 124 (3,576) 17,543 3,768 21,311
Common stock issued to acquire
Plains Exploration & Production Company
91 9 2,822 — — — — 2,831 — 2,831
Exchange of employee stock-based awards in
connection with acquisitions
— — 67 — — — — 67 — 67
Exercised and issued stock-based awards
1 1 8 — — — — 9 — 9
Stock-based compensation
— — 153 — — — — 153 — 153
Reserve on tax benefit for stock-based awards
— — (1) — — — — (1) — (1)
Tender of shares for stock-based awards
— — — — — 3 (105) (105) — (105)
Dividends on common stock
— — — (2,315) — — — (2,315) — (2,315)
Dividends to noncontrolling interests
— — — — — — — — (236) (236)
Noncontrolling interests’ share of contributed capital
in subsidiary
— — (7) — — — — (7) 7 —
Redeemable noncontrolling interest dividends and
related interest
— — — — — — — — (22) (22)
Total comprehensive income
— — — 2,658 101 — — 2,759 780 3,539
Balance at December 31, 2013
1,165 $ 117 $ 22,161 $ 2,742 $ (405) 127 $ (3,681) $ 20,934 $ 4,297 $ 25,231
The accompanying Notes to Consolidated Financial Statements are an integral part of these consolidated financial statements.