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2013 FORM 10-K
95
THE WESTERN UNION COMPANY
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY
(in millions)
Capital
Surplus
Retained
Earnings
Accumulated
Other
Comprehensive
Loss
Total
Stockholders'
Equity
Common Stock
Shares Amount
Balance, December 31, 2010. . . . . . . . . . . . . . . . . . . . . . . . 654.0 $ 6.5 $ 117.4 $ 591.6 $ (132.8) $ 582.7
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — — 1,165.4 — 1,165.4
Stock-based compensation . . . . . . . . . . . . . . . . . . . . . . . . . — — 31.2 — — 31.2
Common stock dividends . . . . . . . . . . . . . . . . . . . . . . . . . . — — — (194.2) — (194.2)
Repurchase and retirement of common shares . . . . . . . . . . (40.5) (0.4) — (802.8) — (803.2)
Shares issued under stock-based compensation plans. . . . . 5.9 0.1 98.7 — — 98.8
Tax adjustments from employee stock option plans . . . . . . — — (0.2) — — (0.2)
Unrealized gains on investment securities, net of tax . . . . . — — — — 1.8 1.8
Unrealized gains on hedging activities, net of tax. . . . . . . . — — — — 27.0 27.0
Foreign currency translation adjustment, net of tax . . . . . . — — — — (2.0) (2.0)
Defined benefit pension plan liability adjustment, net of tax — — — — (12.5) (12.5)
Balance, December 31, 2011. . . . . . . . . . . . . . . . . . . . . . . . 619.4 6.2 247.1 760.0 (118.5) 894.8
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — — 1,025.9 — 1,025.9
Stock-based compensation . . . . . . . . . . . . . . . . . . . . . . . . . — — 34.0 — — 34.0
Common stock dividends . . . . . . . . . . . . . . . . . . . . . . . . . . — — — (254.2) — (254.2)
Repurchase and retirement of common shares . . . . . . . . . . (51.3) (0.5) — (777.0) — (777.5)
Shares issued under stock-based compensation plans. . . . . 4.0 — 51.9 — — 51.9
Tax adjustments from employee stock option plans . . . . . . — — (0.2) — — (0.2)
Unrealized gains on investment securities, net of tax . . . . . — — — — 2.8 2.8
Unrealized losses on hedging activities, net of tax . . . . . . . — — — — (27.0) (27.0)
Foreign currency translation adjustment, net of tax . . . . . . — — — — (2.2) (2.2)
Defined benefit pension plan liability adjustment, net of tax — — — — (7.7) (7.7)
Balance, December 31, 2012. . . . . . . . . . . . . . . . . . . . . . . . 572.1 5.7 332.8 754.7 (152.6) 940.6
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — — 798.4 — 798.4
Stock-based compensation and other . . . . . . . . . . . . . . . . . — — 34.2 — — 34.2
Common stock dividends . . . . . . . . . . . . . . . . . . . . . . . . . . — — — (277.2) — (277.2)
Repurchase and retirement of common shares . . . . . . . . . . (26.1) (0.2) — (398.6) — (398.8)
Shares issued under stock-based compensation plans. . . . . 2.8 — 28.6 — — 28.6
Tax adjustments from employee stock option plans . . . . . . — — (4.7) — — (4.7)
Unrealized losses on investment securities, net of tax . . . . — — — — (3.6) (3.6)
Unrealized losses on hedging activities, net of tax . . . . . . . — — — — (11.1) (11.1)
Foreign currency translation adjustment, net of tax . . . . . . — — — — (13.1) (13.1)
Defined benefit pension plan liability adjustment, net of tax — — — — 11.4 11.4
Balance, December 31, 2013. . . . . . . . . . . . . . . . . . . . . . . . 548.8 $ 5.5 $ 390.9 $ 877.3 $ (169.0) $ 1,104.7
See Notes to Consolidated Financial Statements.