Estee Lauder 2011 Annual Report Download - page 121

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THE EST{E LAUDER COMPANIES INC. 119
YEAR ENDED JUNE 30 2011 2010 2009
(In millions)
Common stock, beginning of year $ 2.7 $ 2.6 $ 2.6
Stock-based compensation — 0.1 —
Common stock, end of year 2.7 2.7 2.6
Paid-in capital, beginning of year 1,428.7 1,145.6 979.0
Stock-based compensation 306.9 283.7 166.6
Purchase of noncontrolling interest — (0.6) —
Paid-in capital, end of year 1,735.6 1,428.7 1,145.6
Retained earnings, beginning of year 3,564.0 3,195.0 3,085.1
Common stock dividends (148.3) (109.3) (108.5)
Net earnings attributable to The Estée Lauder Companies Inc. 700.8 478.3 218.4
Retained earnings, end of year 4,116.5 3,564.0 3,195.0
Accumulated other comprehensive income (loss), beginning of year (196.7) (117.1) 110.8
Other comprehensive income (loss) 214.4 (79.4) (227.9)
Purchase of noncontrolling interest — (0.2) —
Accumulated other comprehensive income (loss), end of year 17.7 (196.7) (117.1)
Treasury stock, beginning of year (2,850.3) (2,586.1) (2,524.3)
Acquisition of treasury stock (376.9) (257.8) (55.2)
Stock-based compensation (15.9) (6.4) (6.6)
Treasury stock, end of year (3,243.1) (2,850.3) (2,586.1)
Total stockholders’ equity— The Estée Lauder Companies Inc. 2,629.4 1,948.4 1,640.0
Noncontrolling interests, beginning of year 17.0 24.0 26.6
Net earnings attributable to noncontrolling interests 3.0 4.1 8.4
Distributions to noncontrolling interest holders (5.6) (7.7) (8.3)
Other comprehensive income (loss) 3.2 (3.4) (2.7)
Noncontrolling interests, end of year 17.6 17.0 24.0
Total equity $2,647.0 $1,965.4 $1,664.0
See notes to consolidated financial statements.
CONSOLIDATED STATEMENTS OF EQUITY