Allstate 2012 Annual Report Download - page 184

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THE ALLSTATE CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
Year Ended December 31,
($ in millions, except per share data)
2011 2010 2009
Common stock $9$9$9
Additional capital paid-in
Balance, beginning of year 3,176 3,172 3,130
Equity incentive plans activity 13 4 42
Balance, end of year 3,189 3,176 3,172
Retained income
Balance, beginning of year 31,969 31,492 30,207
Net income 788 928 854
Dividends ($0.84, $0.80 and $0.80 per share) (436) (433) (432)
Cumulative effect of change in accounting principle (18) 863
Balance, end of year 32,321 31,969 31,492
Deferred ESOP expense
Balance, beginning of year (44) (47) (49)
Payments 132
Balance, end of year (43) (44) (47)
Treasury stock
Balance, beginning of year (15,910) (15,828) (15,855)
Shares acquired (950) (166) (3)
Shares reissued under equity incentive plans, net 65 84 30
Balance, end of year (16,795) (15,910) (15,828)
Accumulated other comprehensive income
Balance, beginning of year (184) (2,106) (4,801)
Cumulative effect of change in accounting principle 20 (578)
Change in unrealized net capital gains and losses 428 1,785 3,446
Change in unrealized foreign currency translation adjustments (12) 23 41
Change in unrecognized pension and other postretirement benefit cost (239) 94 (214)
Balance, end of year (7) (184) (2,106)
Total shareholders’ equity 18,674 19,016 16,692
Noncontrolling interest
Balance, beginning of year 28 29 32
Cumulative effect of change in accounting principle 10
Change in noncontrolling interest ownership (4) (14) (3)
Noncontrolling gain 4 3
Balance, end of year 28 28 29
Total equity $ 18,702 $ 19,044 $ 16,721
See notes to consolidated financial statements.
98