MasterCard 2015 Annual Report Download - page 60

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54
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, 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
Net income. . . . . . . . . . . . . . . . . 3,808 3,808 — — — — — —
Activity related to non-
controlling interests. . . . . . . . . . — — ——— — — —
Other comprehensive income
(loss), net of tax . . . . . . . . . . . . . (416) — (416) — — — — —
Cash dividends declared on
Class A and Class B common
stock, $0.67 per share. . . . . . . . (755) (755) — — — — — —
Purchases of treasury stock . . . (3,532) — — — — — (3,532) —
Share-based payments . . . . . . . 133 — — — — 128 5 —
Conversion of Class B to Class
A common stock . . . . . . . . . . . . — — ——— — — —
Balance at December 31, 2015 . . . $ 6,062 $ 16,222 $ (676) $ — $ — $ 4,004 $(13,522) $ 34
The accompanying notes are an integral part of these consolidated financial statements.