Emerson 2015 Annual Report Download - page 36

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34 | 2015 Annual Report
2013 2014 2015
Common stock $ 477 477 477
Additional paid-in-capital
Beginning balance 324 352 161
Stock plans 37 160 31
Purchase of noncontrolling interests (9) (351) (22)
Ending balance 352 161 170
Retained earnings
Beginning balance 18,107 18,930 19,867
Net earnings common stockholders 2,004 2,147 2,710
Dividends paid (per share: 2013, $1.64; 2014, $1.72; 2015, $1.88) (1,181) (1,210) (1,269)
Ending balance 18,930 19,867 21,308
Accumulated other comprehensive income (loss)
Beginning balance (731) (189) (575)
Foreign currency translation 38 (333) (793)
Pension and postretirement 521 (54) (206)
Cash flow hedges (17) 1 (43)
Ending balance (189) (575) (1,617)
Treasury stock
Beginning balance (7,882) (8,985) (9,811)
Purchases (1,189) (971) (2,487)
Issued under stock plans 86 145 41
Ending balance (8,985) (9,811) (12,257)
Common stockholders’ equity 10,585 10,119 8,081
Noncontrolling interests in subsidiaries
Beginning balance 147 133 48
Net earnings 62 37 23
Other comprehensive income (loss) (6) (3) (1)
Dividends paid (69) (18) (23)
Purchase of noncontrolling interests (1) (101) —
Ending balance 133 48 47
Total equity $10,718 10,167 8,128
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.