Wells Fargo 2012 Annual Report Download - page 128

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Wells Fargo & Company and Subsidiaries
Consolidated Statement of Changes in Equity
Preferred stock Common stock
(in millions, except shares) Shares Amount Shares Amount
Balance December 31, 2011 10,450,690 $ 11,431 5,262,611,636 $ 8,931
Cumulative effect of fair value election for certain
residential mortgage servicing rights
Balance January 1, 2012 10,450,690 11,431 5,262,611,636 8,931
Net income
Other comprehensive income, net of tax
Noncontrolling interests
Common stock issued 97,267,538 162
Common stock repurchased (1) (119,586,873)
Preferred stock issued to ESOP 940,000 940
Preferred stock released by ESOP
Preferred stock converted to common shares (887,825) (888) 26,021,875 43
Common stock warrants repurchased
Preferred stock issued 56,000 1,400
Common stock dividends
Preferred stock dividends
Tax benefit upon exercise of stock options
Stock incentive compensation expense
Net change in deferred compensation and related plans
Net change 108,175 1,452 3,702,540 205
Balance December 31, 2012 10,558,865 $ 12,883 5,266,314,176 $ 9,136
(1) For the year ended December 31, 2012, includes $200 million related to a private forward repurchase transaction entered into in fourth quarter 2012 that is expected to
settle in first quarter 2013 for an estimated 6 million shares of common stock. See Note 1 for additional information.
The accompanying notes are an integral part of these statements.
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