Motorola 2011 Annual Report Download - page 68

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62
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, 2009 325.3 $ 7,834 $ 2 $(133) $(2,067) $ (7) $ 3,878 $ 88
Net earnings (loss) (51) 23 $ (28)
Net unrealized gains 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 share-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)
Balance 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
Mid-year remeasurement of retirement benefits,
net of tax of $(13) (28) (28)
Plan amendment, net of tax of $0 22 22
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
Balance at December 31, 2010: 337.2 $ 8,647 $ 12 $(126) $(2,108) $— $ 4,460 $102 $ 714
Net earnings (loss) 1,158 (6) $1,152
Net unrealized loss on securities; net of tax of
$(1) (2) (2)
Foreign currency translation adjustments, net of
tax of $(8) 19 19
Amortization of retirement benefit adjustments,
net of tax of $73 132 132
Mid-year remeasurement of retirement benefits,
net of tax of $9 (77) (77)
Year-end and other retirement adjustments, net
of tax of $(332) (723) (723)
Issuance of common stock and stock options
exercised 9.4 152
Share repurchase program (26.6) (1,110)
Excess tax benefit from stock-based
compensation 42
Share-based compensation expense 181
Net loss on derivative instruments, net of tax of
$(0) (3) (3)
Distribution of Motorola Mobility (836) (9) 1 8 (4,460)
Dividends paid to noncontrolling interest on
subsidiary common stock (8)
Sale of noncontrolling interest in subsidiary
common stock (27)
Purchase of noncontrolling interest in subsidiary (1)
Reclassification of share-based awards from
liability to equity (2)
Dividends declared ($0.44 per share) (142)
Balance at December 31, 2011: 320.0 $ 7,074 $ 1 $(106) $(2,768) $ (3) $ 1,016 $ 60 $ 498
See accompanying notes to consolidated financial statements.