Quest Diagnostics 2013 Annual Report Download - page 78

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F- 6
QUEST DIAGNOSTICS INCORPORATED AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
FOR THE YEARS ENDED DECEMBER 31, 2013, 2012 AND 2011
(in millions)
Quest Diagnostics Stockholders’ Equity
Shares of
Common
Stock
Outstanding
Common
Stock
Additional
Paid-In
Capital
Retained
Earnings
Accumulated
Other
Compre-
hensive
(Loss)
Income
Treasury
Stock, at
Cost
Non-
controlling
Interests
Total
Stock-
holders’
Equity
Balance, December 31, 2010 171 $ 2 $ 2,311 $ 3,867 $ 11 $ (2,158) $ 21 $ 4,054
Net income 471 35 506
Other comprehensive loss, net of tax (19) (19)
Dividends declared (74) (74)
Distributions to noncontrolling interests (36) (36)
Issuance of common stock under benefit
plans 1 2 18 20
Stock-based compensation expense 68 4 72
Exercise of stock options 3 (22) 159 137
Shares to cover employee payroll tax
withholdings on stock issued under
benefit plans (1) (20) (20)
Tax benefits associated with stock-based
compensation plans 8 8
Purchases of treasury stock (17) (935) (935)
Other 22
Balance, December 31, 2011 157 $ 2 $ 2,347 $ 4,264 $ (8) $ (2,912) $ 22 $ 3,715
Net income 556 36 592
Other comprehensive income, net of tax 22 22
Dividends declared (130) (130)
Distributions to noncontrolling interests (38) (38)
Issuance of common stock under benefit
plans 1 4 17 21
Stock-based compensation expense 46 4 50
Exercise of stock options 3 (15) 177 162
Shares to cover employee payroll tax
withholdings on stock issued under
benefit plans (20) (20)
Tax benefits associated with stock-based
compensation plans 9 9
Purchases of treasury stock (3) (200) (200)
Other 3 3
Balance, December 31, 2012 158 $ 2 $ 2,371 $ 4,690 $ 14 $ (2,914) $ 23 $ 4,186
Net income 849 34 883
Other comprehensive loss, net of tax (22) (22)
Dividends declared (181) (181)
Distributions to noncontrolling interests (32) (32)
Issuance of common stock under benefit
plans 1 3 17 20
Stock-based compensation expense 24 4 28
Exercise of stock options 3 (9) 147 138
Shares to cover employee payroll tax
withholdings on stock issued under
benefit plans (1) (11) (11)
Tax benefits associated with stock-based
compensation plans 1 1
Purchases of treasury stock (17) (1,037) (1,037)
Other —
Balance, December 31, 2013 144 $ 2 $ 2,379 $ 5,358 $ (8) $ (3,783) $ 25 $ 3,973
The accompanying notes are an integral part of these statements.