Emerson 2012 Annual Report Download - page 36

Download and view the complete annual report

Please find page 36 of the 2012 Emerson annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 64

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64

34 | 2012 Annual Report
2010 2011 2012
Common stock $ 477 477 477
Additional paid-in capital
Beginning balance 157 192 317
Stock plans and other 35 125 7
Ending balance 192 317 324
Retained earnings
Beginning balance 14,714 15,869 17,310
Net earnings common stockholders 2,164 2,480 1,968
Cash dividends (per share: 2010, $1.34; 2011, $1.38; 2012, $1.60) (1,009) (1,039) (1,171)
Ending balance 15,869 17,310 18,107
Accumulated other comprehensive income
Beginning balance (496) (426) (562)
Foreign currency translation 55 22 (205)
Pension and postretirement, net of tax: 2010, $(6); 2011, $47; 2012, $19 (12) (56) (49)
Cash flow hedges and other, net of tax: 2010, $(16); 2011, $60; 2012, $(50) 27 (102) 85
Ending balance (426) (562) (731)
Treasury stock
Beginning balance (6,297) (6,320) (7,143)
Purchases (100) (958) (787)
Issued under stock plans and other 77 135 48
Ending balance (6,320) (7,143) (7,882)
Common stockholders’ equity 9,792 10,399 10,295
Noncontrolling interests in subsidiaries
Beginning balance 151 160 152
Net earnings 53 50 56
Other comprehensive income – 4 (1)
Cash dividends (57) (61) (56)
Other 13 (1) (4)
Ending balance 160 152 147
Total equity $ 9,952 10,551 10,442
Comprehensive income
Net earnings $ 2,217 2,530 2,024
Foreign currency translation 55 26 (206)
Pension and postretirement (12) (56) (49)
Cash flow hedges and other 27 (102) 85
Total comprehensive income 2,287 2,398 1,854
Less: Noncontrolling interests in subsidiaries 53 54 55
Comprehensive income common stockholders $ 2,234 2,344 1,799
EMERSON ELECTRIC CO. & SUBSIDIARIES
Years ended September 30 | Dollars in millions, except per share amounts
CONSOLIDATED STATEMENTS OF EQUITY
See accompanying Notes to Consolidated Financial Statements.