Avis 2010 Annual Report Download - page 72

Table of Contents
Avis Budget Group, Inc.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(In millions)
See Notes to Consolidated Financial Statements.
F
-
8
Common Stock
Additional
Paid-in
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
Treasury Stock
Total
Stockholders’
Equity
Shares
Amount
Shares
Amount
Balance at January 1, 2010
136.9
$
1
$
9,098
$
(2,691
)
$
(37
)
(34.6
)
$
(6,149
)
$
222
Comprehensive income:
Net income
-
-
-
54
-
-
-
Currency translation adjustment
-
-
-
-
71
-
-
Unrealized gains on cash flow hedges, net of tax of
$(24)
-
-
-
-
36
-
-
Reclassification of unrealized losses on cash flow
hedges, net of tax benefit of $(16)
-
-
-
-
24
-
-
Pension liability adjustment, net of tax benefit of
$1
-
-
-
-
(2
)
-
-
Total comprehensive income
183
Net activity related to restricted stock units
0.1
-
(88
)
-
-
0.4
101
13
Exercise of stock options
-
-
(166
)
-
-
1.0
174
8
Reallocation of deferred taxes
-
-
(16
)
-
-
-
-
(16
)
Post
-
separation dividend adjustment
-
-
(1
)
-
-
-
-
(1
)
Other
-
-
1
-
-
-
-
1
Balance at December 31, 2010
137.0
$
1
$
8,828
$
(2,637
)
$
92
(33.2
)
$
(5,874
)
$
410