MasterCard 2010 Annual Report Download - page 91

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MASTERCARD INCORPORATED
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
Total
Retained
Earnings
(Accumulated
Deficit)
Accumulated
Other
Comprehensive
Income,
net of tax
Common Shares Additional
Paid-In
Capital
Treasury
Stock
Non-
Controlling
InterestsClass A Class B
(in millions, except per share data)
Balance at December 31, 2007 $3,032 $ 38 $ 278 $— $— $3,312 $ (601) $ 5
Net loss (254) (254) — — — — — —
Other comprehensive loss, net of tax (169) — (169) — — — — —
Cash dividends declared on Class A and
Class B common stock, $0.60 per share (79) (20) — — — (59) — —
Share based payments 61 — — — — 61 — —
Stock units withheld for taxes (67) — — — — (67) — —
Tax benefit for share based compensation 48 — — — — 48 — —
Purchases of treasury stock (649) — — — — — (649) —
Conversion of Class B to Class A common
stock — — — — — — — —
Exercise of stock options 9 — — — — 9 — —
Balance at December 31, 2008 1,932 (236) 109 — — 3,304 (1,250) 5
Redemption of non-controlling interest (5) — — — — — — (5)
Investment in majority owned entity 8 — — — — — — 8
Net income 1,463 1,463 — — — — — —
Other comprehensive income, net of tax 85 — 85 — — — — —
Cash dividends declared on Class A and
Class B common stock, $0.60 per share (79) (79) — — — — — —
Share based payments 88 — — — — 88 — —
Stock units withheld for taxes (28) — — — — (28) — —
Tax benefit for share based compensation 39 — — — — 39 — —
Conversion of Class B to Class A common
stock — — — — — — — —
Exercise of stock options 9 — — — — 9 — —
Balance at December 31, 2009 3,512 1,148 194 — — 3,412 (1,250) 8
Investment in majority owned entity 2 — — — — — — 2
Net income 1,847 1,846 — — — — — 1
Other comprehensive loss, net of tax (99) — (99) — — — — —
Cash dividends declared on Class A and
Class B common stock, $0.60 per share (79) (79) — — — — — —
Share based payments 63 — — — — 63 — —
Stock units withheld for taxes (126) — — — — (126) — —
Tax benefit for share based compensation 85 — — — — 85 — —
Conversion of Class B to Class A common
stock — — — — — — — —
Exercise of stock options 11 — — — — 11 — —
Balance at December 31, 2010 $5,216 $2,915 $ 95 $— $— $3,445 $(1,250) $ 11
The accompanying notes are an integral part of these consolidated financial statements.
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