Motorola 2010 Annual Report Download - page 79

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71
Motorola Solutions, Inc. and Subsidiaries
Consolidated Statements of Stockholders’ Equity
Motorola Solutions, Inc. Shareholders
Accumulated Other Comprehensive Income (Loss)
(In millions, except per share amounts) Shares
Common
Stock and
Additional
Paid-In
Capital
Fair Value
Adjustment
To
Available
For Sale
Securities,
Net of Tax
Foreign
Currency
Translation
Adjustments,
Net of Tax
Retirement
Benefits
Adjustments,
Net of Tax
Other
Items,
Net of
Tax
Retained
Earnings
Noncontrolling
Interests
Comprehensive
Earnings (Loss)
Balances at January 1, 2008 323.4 $ 7,574 $ (59) $ 16 $ (704) $— $ 8,575 $ 78
Net earnings (loss) (4,244) 4 $(4,240)
Net unrealized gains on securities, net
of tax of $36 61 61
Foreign currency translation
adjustments, net of tax of $39 (149) (149)
Purchases of a Noncontrolling interest
equity 6
Amortization of retirement benefit
adjustments net of tax of $10 19 19
Effect of U.S. pension plan freeze
curtailment, net of tax of $(25) (42) (42)
Year-end and other retirement
adjustments, net of tax of $(793) (1,340) (1,340)
Issuance of common stock and stock
options exercised 3.2 134
Share repurchase program (1.3) (138)
Tax shortfalls from share-based
compensation (6)
Share-based compensation expense 270
Net loss on derivative instruments, net
of tax of $(5) (7) (7)
Dividends declared $(1.40 per share) (453)
Balances at December 31, 2008 325.3 $7,834 $ 2 $(133) $(2,067) $ (7) $ 3,878 $ 88 $(5,698)
Net earnings (loss) (51) 23 $ (28)
Net unrealized gain on securities, net
of tax of $40 68 68
Foreign currency translation
adjustments, net of tax of $(17) 70 70
Amortization of retirement benefit
adjustments, net of tax of $(33) (65) (65)
Year-end and other retirement
adjustments, net of tax of $(22) (163) (163)
Issuance of common stock and stock
options exercised 5.3 111
Tax shortfalls from stock-based
compensation (12)
Share-based compensation expense 301
Net gain on derivative instruments,
net of tax of $6 99
Dividends paid to noncontrolling
interest on subsidiary common
stock (3)
Balances at December 31, 2009 330.6 $8,234 $ 70 $ (63) $(2,295) $ 2 $ 3,827 $108 $ (109)
Net earnings 633 17 $ 650
Net unrealized loss on securities, net
of tax of $(34) (58) (58)
Foreign currency translation
adjustments, net of tax of $46 (63) (63)
Amortization of retirement benefit
adjustments, net of tax of $57 112 112
Plan amendment, net of tax of $0 22 22
Remeasurement of retirement benefits,
net of tax of $(13) (28) (28)
Year-end and other retirement
adjustments, net of tax of $(14) 81 81
Issuance of common stock and stock
options exercised 6.6 144
Tax shortfalls from stock-based
compensation (63)
Share-based compensation expense 308
Net loss on derivative instruments, net
of tax of $(1) (2) (2)
Dividends paid to noncontrolling
interest on subsidiary common
stock (23)
Reclassification of share-based awards
from liability to equity 24
Balances at December 31, 2010 337.2 $8,647 $ 12 $(126) $(2,108) $— $ 4,460 $102 $ 714
See accompanying notes to consolidated financial statements.