National Oilwell Varco 2010 Annual Report Download - page 66
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Please find page 66 of the 2010 National Oilwell Varco annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.NATIONAL OILWELL VARCO, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS EQUITY AND COMPREHENSIVE INCOME
(In millions)
Accumulated
Additional Other Total
Company Total
Shares Common Paid in Comprehensive Retained Stockholders Noncontrolling Stockholders
Outstanding Stock Capital Income
(Loss) Earnings Equity Interests Equity
Balance at
December 31, 2007 356 $ 3 $ 3,617 $ 195 $ 2,846 $ 6,661 $ 63 $ 6,724
Net income 1,952 1,952 16 1,968
Other comprehensive
income:
Currency translation
adjustments (176) (176) (176)
Derivative financial
instruments (160) (160) (160)
Change in defined
benefit plans (20) (20) (20)
Comprehensive income 1,596 1,612
Adoption of FAS158,
net of tax (2) (2) (2)
Stock issued in
acquisition 57 1 4,190 4,191 4,191
Acquired
noncontrolling interests 25 25
Dividends to
noncontrolling interests (8) (8)
Stock-based
compensation 67 67 67
Common stock issued 4 78 78 78
Excess tax benefit of
options exercised 37 37 37
Balance at
December 31, 2008 417 $ 4 $ 7,989 $ (161) $ 4,796 $ 12,628 $ 96 $ 12,724
Net income 1,469 1,469 4 1,473
Other comprehensive
income:
Currency translation
adjustments 100 100 100
Derivative financial
instruments 160 160 160
Change in defined
benefit plans (9) (9) (9)
Comprehensive income 1,720 1,724
Cash dividends, $1.10
per common share (460) (460) (460)
Dividends to
noncontrolling interests (13) (13)
Noncontrolling interest
contribution 28 28
Gain on sale of equity
interest, net of tax 148 148 148
Stock-based
compensation 68 68 68
Common stock issued 1 8 8 8
Excess tax benefit of
options exercised 1 1 1
Balance at
December 31, 2009 418 $ 4 $ 8,214 $ 90 $ 5,805 $ 14,113 $ 115 $ 14,228
Net income 1,667 1,667 (8) 1,659
Other comprehensive
income:
Currency translation
adjustments 13 13 13