Fifth Third Bank 2009 Annual Report Download - page 68

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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
66 Fifth Third Bancorp
Accumulated
Other
Common Preferred Capital Retained Comprehensive Treasury
($ in millions, except per share data) Stock Stock Surplus Earnings Income (Loss) Stock
T
ota
l
Balance at December 31, 2006 $1,295 9 1,812 8,317 (179) (1,232) 10,022
Net income 1,076 1,076
Other comprehensive income 53 53
Comprehensive income 1,129
Cash dividends declared:
Common stock at $1.70 per share (914) (914)
Preferred stock (1) (1)
Shares acquired for treasury (1,084) (1,084)
Stock-based compensation expense 60 1 61
Impact of cumulative effect of change in accounting principle (98) (98)
Restricted stock grants (59) 59 -
Stock-based awards exercised, including treasury shares issued (39) 86 47
Loans repaid related to the exercise of stock-based awards, net 2 2
Change in corporate tax benefit related to stock-based
compensation 2 2
Employee stock ownership through benefit plans 38 (38) -
Impact of diversification of nonqualified deferred compensation plan (8) (8)
Other 12 3
Balance at December 31, 2007 1,295 9 1,779 8,413 (126) (2,209) 9,161
Net loss (2,113) (2,113)
Other comprehensive income 224 224
Comprehensive loss (1,889)
Cash dividends declared:
Common stock at $0.75 per share (413) (413)
Preferred stock (48) (48)
Dividends on redemption of preferred shares (19) (19)
Issuance of preferred shares, Series G 1,072 1,072
Issuance of preferred shares, Series F 3,169 239 3,408
Shares issued in business combinations (1,071) 1,841 770
Retirement of preferred shares, Series D, E (9) (9)
Stock-based compensation expense 56 1 57
Restricted stock grants (136) 136 -
Stock-based awards exercised, including treasury shares issued (2) 2 -
Loans repaid related to the exercise of stock-based awards, net 4 4
Change in corporate tax benefit related to stock-based
compensation (16) (16)
Other (5) 3 1 (1)
Balance at December 31, 2008 $1,295 4,241 848 5,824 98 (229) 12,077
Net income 737 737
Other comprehensive income 143 143
Comprehensive income 880
Cash dividends declared:
Common stock at $0.04 per share (29) (29)
Preferred stock (220) (220)
Accretion of preferred dividends, Series F 41 (41) -
Issuance of common shares 351 635 986
Dividends on exchange of preferred shares, Series G 35 35
Exchange of preferred shares, Series G 133 (674) 272 (269)
Stock-based compensation expense 46 (1) 45
Restricted stock grants (27) 27 -
Stock-based awards exercised, including treasury shares issued 1(1)-
Change in corporate tax benefit related to stock-based
compensation (29) (29)
Reversal of OTTI 24 24
Other 1 (3) (3) 2 (3)
Balance at December 31, 2009 $1,779 3,609 1,743 6,326 241 (201) 13,497
See Notes to Consolidated Financial Statements.