Dow Chemical 2014 Annual Report Download - page 96

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72
The Dow Chemical Company and Subsidiaries
Consolidated Statements of Equity
(In millions, except per share amounts) For the years ended December 31 2014 2013 2012
Preferred Stock
Balance at beginning of year and end of year $ 4,000 $ 4,000 $ 4,000
Common Stock
Balance at beginning of year 3,054 3,008 2,961
Common stock issued 53 46 47
Balance at end of year 3,107 3,054 3,008
Additional Paid-in Capital
Balance at beginning of year 3,928 3,281 2,663
Common stock issued 895 340 248
Stock-based compensation and allocation of ESOP shares 30 307 370
Other (7) —
Balance at end of year 4,846 3,928 3,281
Retained Earnings
Balance at beginning of year 21,407 18,495 19,087
Net income available for The Dow Chemical Company common stockholders 3,432 4,447 842
Dividends declared on common stock (per share - 2014: $1.53; 2013: $1.28;
2012: $1.21) (1,777)(1,520)(1,419)
Dividend equivalents on participating securities (17) (15) (15)
Balance at end of year 23,045 21,407 18,495
Accumulated Other Comprehensive Loss
Balance at beginning of year (4,827) (7,516) (5,996)
Other comprehensive income (loss) (3,190) 2,689 (1,520)
Balance at end of year (8,017) (4,827) (7,516)
Unearned ESOP Shares
Balance at beginning of year (357) (391) (434)
Shares acquired (11) (11) (11)
Shares allocated to ESOP participants 43 45 54
Balance at end of year (325) (357) (391)
Treasury Stock
Balance at beginning of year (307)
Purchases (4,193) (307)
Issuances - compensation plans 267
Balance at end of year (4,233) (307)
The Dow Chemical Company’s Stockholders’ Equity 22,423 26,898 20,877
Non-redeemable Noncontrolling Interests 931 1,026 990
Total Equity $ 23,354 $ 27,924 $ 21,867
See Notes to the Consolidated Financial Statements.