MasterCard 2012 Annual Report Download - page 80
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MASTERCARD INCORPORATED
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
Total
Retained
Earnings
(Accumulated
Deficit)
Accumulated
Other
Comprehensive
Income (Loss),
Net of Tax
Common Stock Additional
Paid-In
Capital
Class A
Treasury
Stock
Non-
Controlling
InterestsClass A Class B
(in millions, except per share data)
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
Net income (loss) ................ 1,904 1,906 — — — — — (2)
Other comprehensive loss, net of
tax .......................... (97) — (97) — — — — —
Cash dividends declared on Class A
and Class B common stock, $0.60
per share ..................... (76) (76) — — — — — —
Purchases of treasury stock ........ (1,148) — — — — — (1,148) —
Issuance of treasury stock for share
based compensation ............ — — — — — (4) 4 —
Share based payments ............. 80 — — — — 80 — —
Stock units withheld for taxes ...... (33) — — — — (33) — —
Tax benefit for share based
compensation ................. 12 — — — — 12 — —
Conversion of Class B to Class A
common stock ................. — — — — — — — —
Exercise of stock options .......... 19 — — — — 19 — —
Balance at December 31, 2011 ......... 5,877 4,745 (2) — — 3,519 (2,394) 9
Net income (loss) ................ 2,758 2,759 — — — — — (1)
Contribution by non-controlling
interest ...................... 4 — — — — — — 4
Other comprehensive income, net of
tax .......................... 63 — 63 — — — — —
Cash dividends declared on Class A
and Class B common stock, $1.20
per share ..................... (150) (150) — — — — — —
Purchases of treasury stock ........ (1,748) — — — — — (1,748) —
Issuance of treasury stock for share
based compensation ............ — — — — — (3) 3 —
Share based payments ............. 89 — — — — 89 — —
Stock units withheld for taxes ...... (42) — — — — (42) — —
Tax benefit for share based
compensation ................. 47 — — — — 47 — —
Conversion of Class B to Class A
common stock ................. — — — — — — — —
Exercise of stock options .......... 31 — — — — 31 — —
Balance at December 31, 2012 ......... $6,929 $7,354 $ 61 $— $— $3,641 $(4,139) $ 12
The accompanying notes are an integral part of these consolidated financial statements.
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