Honeywell 2009 Annual Report Download - page 75

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HONEYWELL INTERNATIONAL INC.
CONSOLIDATED STATEMENT OF SHAREOWNERS' EQUITY
Years Ended December 31,
2009 2008
Shares $ Shares $
(in millions)
Common stock, par value 957.6 958 957.6 958
Additional paid-in capital
Beginning balance 3,994 4,014
Issued for employee savings and option plans (99) (56)
Contributed to pension plans (190) (90)
Stock-based compensation expense 118 128
Other owner changes — (2)
Ending balance 3,823 3,994
Treasury stock
Beginning balance (223.0) (10,206) (211.0) (9,479)
Reacquired stock or repurchases of common stock — — (27.4) (1,459)
Issued for employee savings and option plans 6.6 281 9.0 427
Contributed to pension plans 23.0 930 6.1 290
Other owner changes — — 0.3 15
Ending balance (193.4) (8,995) (223.0) (10,206)
Retained earnings
Beginning balance 16,250 14,273
Net income attributable to Honeywell 2,153 2,792
Dividends paid on common stock (916 ) (815)
Uncertain tax positions — —
Ending balance 17,487 16,250
Accumulated other comprehensive income (loss)
Beginning balance (3,809) (544)
Foreign exchange translation adjustment 259 (614)
Pensions and other post retirement benefit adjustments (1,021) (2,576)
Changes in fair value of available for sale investments 112 (51)
Changes in fair value of effective cash flow hedges 30 (24)
Ending balance (4,429) (3,809)
Total Shareowners Equity Shares 764.2 8,844 734.6 7,187
Non controlling interest
Beginning Balance 82 71
Acquisitions 5 4
Interest sold (bought) — (3)
Comprehensive income attributable to non controlling interest 36 20
Foreign exchange translation adjustment (1) (2)
Dividends paid (9) (7)
Other owner changes (3) (1)
Ending balance 110 82
Total shareowners equity 764.2 8,954 734.6 7,269