Morgan Stanley 2009 Annual Report Download - page 124

MORGAN STANLEY
Consolidated Statements of Changes in Total Equity—(Continued)
(dollars in millions)
Preferred
Stock
Common
Stock
Paid-in
Capital
Retained
Earnings
Employee
Stock
Trust
Accumulated
Other
Comprehensive
Income (Loss)
Common
Stock
Held in
Treasury
at Cost
Common
Stock
Issued to
Employee
Trust
Non-
controlling
Interests
Total
Equity
BALANCE AT DECEMBER 31, 2008 .......... $19,168 $ 12 $ 459 $36,154 $4,312 $(420) $(6,620) $(4,312) $ 703 $49,456
Net income ................................. — — — 1,346 — — — — 60 1,406
Dividends .................................. — — — (1,310) — — — — (23) (1,333)
Shares issued under employee plans and related tax
effects ................................... — — 485 — (248) — 631 248 — 1,116
Repurchases of common stock .................. — — — — — — (50) — — (50)
Morgan Stanley public offerings of common
stock .................................... — 3 6,209 — — — — — — 6,212
Series C Preferred Stock extinguished and exchanged
for common stock .......................... (503) — 705 (202) — — — — — —
Series D Preferred Stock and Warrant ............ (9,068) — (950) (932) — — — — — (10,950)
Gain on Morgan Stanley Smith Barney
transaction ................................ — — 1,711 — — — — — — 1,711
Net change in cash flow hedges ................. — — — — — 13 — — — 13
Pension and postretirement adjustments ........... — — — — — (269) — — (4) (273)
Foreign currency translation adjustments .......... — — — — — 116 — — (4) 112
Increase in non-controlling interests related to
Morgan Stanley Smith Barney transaction ....... — — — — — — — — 4,825 4,825
Increase in non-controlling interests related to the
consolidation of certain real estate funds
sponsored by the Company ................... — — — — — — — — 724 724
Decrease in non-controlling interests related to
disposition of a subsidiary ................... — — — — — — — — (229) (229)
Other increases in non-controlling interests ........ — — — — — — — — 40 40
BALANCE AT DECEMBER 31, 2009 .......... $ 9,597 $ 15 $8,619 $35,056 $4,064 $(560) $(6,039) $(4,064) $6,092 $52,780
See Notes to Consolidated Financial Statements.
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