Morgan Stanley 2010 Annual Report Download - page 131

MORGAN STANLEY
Consolidated Statements of Changes in Total Equity
(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 NOVEMBER 30,
2007 ............................ $ 1,100 $ 12 $ 1,902 $38,045 $ 5,569 $(199) $(9,591) $(5,569) $1,628 $32,897
Net income ......................... — — — 1,707 — — — — 71 1,778
Dividends .......................... — — — (1,227) — — — — (71) (1,298)
Shares issued under employee plans and
related tax effects .................. — — (1,142) — (1,668) — 3,493 1,668 — 2,351
Repurchases of common stock ......... — — — — — — (1,828) — — (1,828)
Issuance of preferred stock and common
stock warrant ..................... 18,055 — 957 (15) — — — — — 18,997
Net change in cash flow hedges ........ — — — — — 16 — — — 16
Pension adjustment .................. — — — (15) — 2 — — — (13)
Pension and postretirement adjustments . . — — — — — 216 — — — 216
Tax adjustment ..................... — — — (92) — — — — — (92)
Foreign currency translation
adjustments ...................... — — — — — (160) — — (110) (270)
Equity Units ........................ — — (405) — — — — — — (405)
Reclassification of negative additional
paid-in capital to retained earnings .... — — 307 (307) — — — — — —
Other decreases in noncontrolling
interests ......................... — — — — — — — — (813) (813)
BALANCE AT NOVEMBER 30,
2008 ............................ 19,155 12 1,619 38,096 3,901 (125) (7,926) (3,901) 705 51,536
Net income (loss) .................... — — — (1,288) — — — — 3 (1,285)
Dividends .......................... — — — (641) — — — — (5) (646)
Shares issued under employee plans and
related tax effects .................. — — (1,160) — 411 — 1,309 (411) — 149
Repurchases of common stock ......... — — — — — — (3) — — (3)
Preferred stock accretion .............. 13 — — (13) — — — — — —
Net change in cash flow hedges ........ — — — — — 2 — — — 2
Pension and postretirement adjustments . . — — — — — (201) — — — (201)
Foreign currency translation
adjustments ...................... — — — — — (96) — — — (96)
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 noncontrolling interests related
to Morgan Stanley Smith Barney
transaction ....................... — — — — — — — — 4,825 4,825
Other increases in noncontrolling
interests ......................... — — — — — — — — 535 535
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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