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88 UNUM 2014 ANNUAL REPORT
Consolidated Statements of Stockholders’ Equity
Year Ended December 31
(in millions of dollars) 2014 2013 2012
Common Stock
Balance at Beginning of Year $ 36.1 $ 36.0 $ 35.9
Common Stock Activity 0.1 0.1 0.1
Retirement of Treasury Stock (6.0)
Balance at End of Year 30.2 36.1 36.0
Additional Paid-in Capital
Balance at Beginning of Year 2,634.1 2,607.7 2,591.1
Common Stock Activity 28.4 26.4 16.6
Retirement of Treasury Stock (441.3)
Balance at End of Year 2,221.2 2,634.1 2,607.7
Accumulated Other Comprehensive Income
Balance at Beginning of Year 255.0 628.0 461.8
Other Comprehensive Income (Loss) (88.6) (373.0) 166.2
Balance at End of Year 166.4 255.0 628.0
Retained Earnings
Balance at Beginning of Year 8,083.2 7,371.6 6,611.0
Net Income 413.4 858.1 894.4
Dividends to Stockholders (per common share: $0.62; $0.55; $0.47) (159.4) (146.5) (133.8)
Retirement of Treasury Stock (1,004.4)
Balance at End of Year 7,332.8 8,083.2 7,371.6
Treasury Stock
Balance at Beginning of Year (2,349.3) (2,030.7) (1,530.1)
Purchases of Treasury Stock (300.6) (318.6) (500.6)
Retirement of Treasury Stock 1,451.7 — —
Balance at End of Year (1,198.2) (2,349.3) (2,030.7)
Total Stockholders’ Equity at End of Year $ 8,552.4 $ 8,659.1 $ 8,612.6
See notes to consolidated financial statements.