MasterCard 2014 Annual Report Download - page 52
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MASTERCARD INCORPORATED
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
Total Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
Common Stock Additional
Paid-In
Capital
Class A
Treasury
Stock
Non-
Controlling
Interests
Class A Class B
(in millions, except per share data)
Balance at December 31, 2011. . . $ 5,877 $ 4,745 $ (2) $ — $ — $ 3,519 $ (2,394) $ 9
Net income . . . . . . . . . . . . . . . . 2,759 2,759 — — — — — —
Activity related to non-
controlling interests . . . . . . . . . 3 — — — — — — 3
Other comprehensive income
(loss), net of tax . . . . . . . . . . . . 63 — 63 — — — — —
Cash dividends declared on
Class A and Class B common
stock, $0.12 per share . . . . . . . . (150) (150) — — — — — —
Purchases of treasury stock. . . . (1,748) — — — — — (1,748) —
Share-based payments . . . . . . . 125 — — — — 122 3 —
Conversion of Class B to Class
A common stock. . . . . . . . . . . . — — — — — — — —
Balance at December 31, 2012 . . 6,929 7,354 61 — — 3,641 (4,139) 12
Net income . . . . . . . . . . . . . . . . 3,116 3,116 — — — — — —
Activity related to non-
controlling interests . . . . . . . . . (1) — — — — — — (1)
Other comprehensive income
(loss), net of tax . . . . . . . . . . . . 117 — 117 — — — — —
Cash dividends declared on
Class A and Class B common
stock, $0.29 per share . . . . . . . . (349) (349) — — — — — —
Purchases of treasury stock. . . . (2,443) — — — — — (2,443) —
Share-based payments . . . . . . . 126 — — — — 121 5 —
Conversion of Class B to Class
A common stock. . . . . . . . . . . . — — — — — — — —
Balance at December 31, 2013 . . 7,495 10,121 178 — — 3,762 (6,577) 11
Net income . . . . . . . . . . . . . . . . 3,617 3,617 — — — — — —
Activity related to non-
controlling interests . . . . . . . . . 23 — — — — — — 23
Other comprehensive income
(loss), net of tax . . . . . . . . . . . . (438) — (438) — — — — —
Cash dividends declared on
Class A and Class B common
stock, $0.49 per share . . . . . . . . (569) (569) — — — — — —
Purchases of treasury stock. . . . (3,424) — — — — — (3,424) —
Share-based payments . . . . . . . 120 — — — — 114 6 —
Conversion of Class B to Class
A common stock. . . . . . . . . . . . — — — — — — — —
Balance at December 31, 2014 . . $ 6,824 $ 13,169 $ (260) $ — $ — $ 3,876 $ (9,995) $ 34
The accompanying notes are an integral part of these consolidated financial statements.