PACCAR 2011 Annual Report Download - page 51

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
December 31, 2011 2010 2009
(millions, except per share data)
COMMON STOCK, $1 PAR VALUE:
Balance at beginning of year $ 365.3 $ 364.4 $ 363.1
Treasury stock retirement (9.2) (.4)
Stock compensation .7 1.3 1.3
Balance at end of year 356.8 365.3 364.4
ADDITIONAL PAID-IN CAPITAL:
Balance at beginning of year 105.1 80.0 46.1
Treasury stock retirement (82.7) (17.0)
Stock compensation and tax benefit 29.7 42.1 33.9
Balance at end of year 52.1 105.1 80.0
TREASURY STOCK, AT COST:
Balance at beginning of year (17.4) (17.4)
Purchases, shares: 2011-9.2 (337.6)
Retirements 337.6 17.4
Balance at end of year (17.4)
RETAINED EARNINGS:
Balance at beginning of year 4,846.1 4,640.5 4,724.7
Net income 1,042.3 457.6 111.9
Cash dividends declared on common stock,
per share: 2011-$1.30; 2010-$.69; 2009-$.54 (468.2) (252.0) (196.1)
Treasury stock retirement (245.7)
Balance at end of year 5,174.5 4,846.1 4,640.5
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME:
Balance at beginning of year 41.3 36.2 (269.8)
Other comprehensive (loss) income (260.3) 5.1 306.0
Balance at end of year (219.0) 41.3 36.2
Total Stockholders’ Equity $ 5,364.4 $ 5,357.8 $ 5,103.7
See notes to consolidated financial statements.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY