Tyson Foods 2014 Annual Report Download - page 54

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TYSON FOODS, INC.
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
Three years ended September 27, 2014
in millions
2014
2013
2012
Shares
Amount
Shares
Amount
Shares
Amount
Class A Common Stock:
Balance at beginning of year
322
$
32
322
$
32
322
$
32
Issuance of Class A common stock
24
3
—
—
—
—
Balance at end of year
346
35
322
32
322
32
Class B Common Stock:
Balance at beginning and end of year
70
7
70
7
70
7
Capital in Excess of Par Value:
Balance at beginning of year
2,292
2,278
2,261
Issuance of Class A common stock
870
—
—
Issuance of tangible equity units
1,255
—
—
Convertible debt settlement
(248
)
—
—
Convertible note hedge settlement
341
—
—
Warrant settlement
(289
)
—
—
Stock-based compensation
36
14
17
Balance at end of year
4,257
2,292
2,278
Retained Earnings:
Balance at beginning of year
4,999
4,327
3,801
Net income attributable to Tyson
864
778
583
Dividends
(115
)
(106
)
(57
)
Balance at end of year
5,748
4,999
4,327
Accumulated Other Comprehensive Income (Loss), Net of Tax:
Balance at beginning of year
(108
)
(63
)
(79
)
Other Comprehensive Income (Loss)
(39
)
(45
)
16
Balance at end of year
(147
)
(108
)
(63
)
Treasury Stock:
Balance at beginning of year
48
(1,021
)
33
(569
)
22
(365
)
Purchase of Class A common stock
8
(295
)
24
(614
)
14
(264
)
Convertible debt settlement
(12
)
248
—
—
—
—
Convertible note hedge settlement
12
(341
)
—
—
—
—
Warrant settlement
(12
)
289
—
—
—
—
Stock-based compensation
(4
)
110
(9
)
162
(3
)
60
Balance at end of year
40
(1,010
)
48
(1,021
)
33
(569
)
Total Shareholders’ Equity Attributable to Tyson
$
8,890
$
6,201
$
6,012
Equity Attributable to Noncontrolling Interests:
Balance at beginning of year
$
32
$
30
$
28
Net loss attributable to noncontrolling interests
(8
)
—
(
7
)
Contributions by noncontrolling interest
—
3
9
Distributions to noncontrolling interest
(11
)
—
—