Kraft 2013 Annual Report Download - page 48

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46
Kraft Foods Group, Inc.
Consolidated Statements of Equity
(in millions of U.S. dollars)
Kraft Foods Group Shareholders’ Equity
Common
Stock
Additional
Paid-in
Capital
Parent
Company
Investment
Retained
Earnings
/ (Deficit)
Accumulated
Other
Comprehensive
Earnings /
(Losses) Treasury
Stock Total
Equity
Balance at January 1, 2011 $ — $ —$ 17,012 $ — $ 25 $ — $17,037
Comprehensive earnings /
(losses):
Net earnings ——1,775 — — — 1,775
Other comprehensive losses, net
of income taxes ——— — (150) — (150)
International ——(2,074) — — — (2,074)
Balances at December 31, 2011 $ — $ —$ 16,713 $ — $ (125) $ — $16,588
Comprehensive earnings /
(losses):
Net earnings ——1,552 90 — — 1,642
Consummation of spin-off
transaction on October 1, 2012 —4,208 (7,670) — (233) — (3,695)
Other comprehensive losses, net
of income taxes ——— — (98) — (98)
International ——(10,595) — (4) — (10,599)
Exercise of stock options and
issuance of other stock awards —32 — — — (2) 30
Dividends declared ($0.50 per
share) ——— (296) — — (296)
Balances at December 29, 2012 $ — $ 4,240 $ — $ (206) $ (460) $ (2) $ 3,572
Comprehensive earnings /
(losses):
Net earnings ——— 2,715 — — 2,715
Other comprehensive losses, net
of income taxes ——— — (39) — (39)
Exercise of stock options,
issuance of other stock awards,
and other — 194 — — — (27) 167
Dividends declared ($2.05 per
share) ——— (1,228) — — (1,228)
Balances at December 28, 2013 $ — $ 4,434 $ — $ 1,281 $ (499) $ (29) $ 5,187
See accompanying notes to the consolidated financial statements.