IBM 2010 Annual Report Download - page 69

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67
Consolidated Statement of Changes in Equity
International Business Machines Corporation and Subsidiary Companies
($ in millions)
Common Accumulated
Stock and Other
Additional Comprehensive Total IBM Non-
Paid-in Retained Treasury Income/ Stockholders’ controlling Total
Capital Earnings Stock (Loss) Equity Interests Equity
2010
Equity, January 1, 2010 $41,810 $80,900 $(81,243) $(18,830) $ 22,637 $118 $ 22,755
Net income plus other comprehensive
income/(loss):
Net income 14,833 14,833 14,833
Other comprehensive
income/(loss), net of tax:
Net unrealized gains/(losses)
on cash flow hedge derivatives
(net of tax expense of $188) 385 385 385
Foreign currency translation adjustments
(net of tax expense of $69*) 643 643 643
Retirement-related benefit plans:
Prior service costs/(credits) (net of
tax expense of $8) 20 20 20
Net (losses)/gains
(net of tax benefit of $1,016) (1,712) (1,712) (1,712)
Curtailments and settlements
(net of tax expense of $3) 7 7 7
Amortization of prior service (credits)/costs
(net of tax benefit of $67) (116) (116) (116)
Amortization of net gains/(losses)
(net of tax expense of $441) 808 808 808
Net unrealized gains/(losses)
on marketable securities
(net of tax expense of $27) 51 51 51
Total other comprehensive
income/(loss) 87 87
Subtotal: Net income plus other
comprehensive income/(loss) $ 14,920 $ 14,920
Cash dividends declared—common stock (3,177) (3,177) (3,177)
Common stock issued under
employee plans (34,783,386 shares) 3,579 3,579 3,579
Purchases (2,334,932 shares) and
sales (7,929,318 shares) of treasury
stock under employee plans — net (24) 501 477 477
Other treasury shares purchased,
not retired (117,721,650 shares) (15,419) (15,419) (15,419)
Changes in other equity 28 28 28
Changes in noncontrolling interests 8 8
Equity, December 31, 2010 $45,418 $92,532 $(96,161) $(18,743) $ 23,046 $126 $ 23,172
* Foreign currency translation adjustments are presented gross except for any associated hedges which are presented net of tax.
The accompanying notes on pages 68 through 130 are an integral part of the financial statements.