General Dynamics 2014 Annual Report Download - page 41

Download and view the complete annual report

Please find page 41 of the 2014 General Dynamics 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 79

  • 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
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79

CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
Common Stock Retained
Earnings
Treasury
Stock
Accumulated
Other
Comprehensive
Loss
Total
Shareholders’
Equity(Dollars in millions) Par Surplus
Balance, December 31, 2011 $ 482 $ 1,888 $ 18,917 $ (5,743) $ (2,312) $ 13,232
Net loss – – (332) – – (332)
Cash dividends declared – – (725) – – (725)
Stock-based awards – 100 – 180 – 280
Shares purchased – – – (602) – (602)
Other comprehensive loss – – – – (463) (463)
Balance, December 31, 2012 482 1,988 17,860 (6,165) (2,775) 11,390
Net earnings – – 2,357 – – 2,357
Cash dividends declared – – (789) – – (789)
Stock-based awards – 238 – 455 – 693
Shares purchased – – – (740) – (740)
Other comprehensive income – – – – 1,590 1,590
Balance, December 31, 2013 482 2,226 19,428 (6,450) (1,185) 14,501
Net earnings – – 2,533 – – 2,533
Cash dividends declared – – (834) – – (834)
Stock-based awards – 322 – 436 – 758
Shares purchased – – – (3,382) – (3,382)
Other comprehensive loss – – – – (1,747) (1,747)
Balance, December 31, 2014 $ 482 $ 2,548 $ 21,127 $ (9,396) $ (2,932) $ 11,829
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.
General Dynamics Annual Report 2014 39