Dow Chemical 2015 Annual Report Download - page 84

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74
The Dow Chemical Company and Subsidiaries
Consolidated Statements of Equity
(In millions, except per share amounts) For the years ended December 31 2015 2014 2013
Preferred Stock
Balance at beginning of year and end of year $ 4,000 $ 4,000 $ 4,000
Common Stock
Balance at beginning of year 3,107 3,054 3,008
Common stock issued 53 46
Balance at end of year 3,107 3,107 3,054
Additional Paid-in Capital
Balance at beginning of year 4,846 3,928 3,281
Common stock issued / sold 508 895 340
Stock-based compensation and allocation of ESOP shares (429) 30 307
Other 11 (7) —
Balance at end of year 4,936 4,846 3,928
Retained Earnings
Balance at beginning of year 23,045 21,407 18,495
Net income available for The Dow Chemical Company common stockholders 7,345 3,432 4,447
Dividends declared on common stock (per share - 2015: $1.72; 2014: $1.53;
2013: $1.28) (1,942)(1,777)(1,520)
Dividend equivalents on participating securities (23) (17) (15)
Balance at end of year 28,425 23,045 21,407
Accumulated Other Comprehensive Loss
Balance at beginning of year (8,017) (4,827) (7,516)
Other comprehensive income (loss) (650) (3,190) 2,689
Balance at end of year (8,667) (8,017) (4,827)
Unearned ESOP Shares
Balance at beginning of year (325) (357) (391)
Shares acquired (11) (11)
Shares allocated to ESOP participants 53 43 45
Balance at end of year (272) (325) (357)
Treasury Stock
Balance at beginning of year (4,233) (307)
Purchases (2,688) (4,193) (307)
Issuances - compensation plans 766 267
Balance at end of year (6,155) (4,233) (307)
The Dow Chemical Company’s Stockholders’ Equity 25,374 22,423 26,898
Non-redeemable Noncontrolling Interests 809 931 1,026
Total Equity $ 26,183 $ 23,354 $ 27,924
See Notes to the Consolidated Financial Statements.