CenterPoint Energy 2009 Annual Report Download - page 93

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71
CENTERPOINT ENERGY, INC. AND SUBSIDIARIES
STATEMENTS OF CONSOLIDATED SHAREHOLDERS’ EQUITY
2007 2008 2009
Shares Amount Shares
Amount Shares Amount
(In millions of dollars and shares)
Preference Stock, none outstandin
g
.........................................................
—
$
—
—
$
—
—
$
—
Cumulative Preferred Stock, $0.01 par value; authorized
20,000,000 shares, none outstandin
g
......................................................
—
—
—
—
—
—
Common Stock, $0.01
p
ar value; authorized 1,000,000,000 shares
Balance, beginning of yea
r
.................................................................... 314 3 323 3 346 3
Issuances related to benefit and investment plans ................................. 2
—
6
—
7
—
Issuances related to convertible debt conversions ................................. 7
—
17
—
—
—
Issuances related to public offerin
g
s .....................................................
—
—
—
—
38 1
Balance, end of
y
ea
r
.............................................................................. 323 3 346 3 391 4
Additional Paid-in-Ca
p
ital
Balance, beginning of yea
r
.................................................................... 2,977 3,046 3,158
Cumulative effect of adoption of convertible debt pronouncement
(See Note 2(o)) .................................................................................... 23
—
—
Balance, be
g
innin
g
of
y
ear (as ad
j
uste
d
) ............................................... 3,000 3,046 3,158
Issuances related to benefit and investment plans ................................. 46 112 86
Issuances related to public offerings, net of issuance costs...................
—
—
427
Balance, end of yea
r
.............................................................................. 3,046 3,158 3,671
Accumulated Deficit
Balance, be
g
innin
g
of
y
ea
r
.................................................................... (1,355) (1,194) (1,008)
Cumulative effect of adoption of convertible debt pronouncement
(See Note 2(o)) .................................................................................... (18)
—
—
Cumulative effect of chan
g
e in accountin
g
principle (see Note 2(p)) ...
—
(15)
—
Balance, be
g
innin
g
of
y
ear (as ad
j
uste
d
) ............................................... (1,373) (1,209) (1,008)
N
et income ............................................................................................ 395 446 372
Cumulative effect of uncertain tax positions standar
d
.......................... 2
—
—
Common stock dividends
—
$0.68
p
er share in 2007, $0.73
p
er
share in 2008, and $0.76 per share in 2009 ......................................... (218)
(245) (276)
Balance, end of yea
r
.............................................................................. (1,194) (1,008) (912)
Accumulated Other Com
p
rehensive Loss
Balance, end of year:
Ad
j
ustment to pension and postretirement plans ................................... (48) (127) (120)
N
et deferred gain (loss) from cash flow hedges .................................... 4 (4) (4)
Total accumulated other comprehensive loss, end of yea
r
.................... (44) (131) (124)
Total Shareholders’ E
q
uit
y
....................................................................... $ 1,811 $ 2,022 $ 2,639
See Notes to CenterPoint Energy’s Consolidated Financial Statements