Hess 2014 Annual Report Download - page 70
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55 55
HESS CORPORATION AND CONSOLIDATED SUBSIDIARIES
STATEMENT OF CONSOLIDATED EQUITY
Accumulated
Capital in Other Total Hess
Common Excess of Retained Comprehensive Stockholders’ Noncontrolling Total
Stock Par Earnings Income (Loss) Equity Interests Equity
(In millions)
Balance at January 1, 2012 ................. $ 340 $ 3,417 $ 15,826 $ (1,067) $ 18,516 $ 76 $ 18,592
N
et income ............................................ 2,025 2,025 38 2,063
Other comprehensive income (loss) ...... 574 574 2 576
Comprehensive income (loss) .......... 2,599 40 2,639
Activity related to restricted common
stock awards, net .............................. 2 55 — — 57 — 57
Employee stock options, including
income tax benefits ........................... — 44 — — 44 — 44
Performance share units ........................ — 8 — — 8 — 8
Cash dividends declared ........................ — — (136) — (136 ) — (136)
N
oncontrolling interests, net ................. — — 2 — 2 (3) (1)
Balance at December 31, 2012 ............ 342 3,524 17,717 (493) 21,090 113 21,203
N
et income ............................................ 5,052 5,052 170 5,222
Other comprehensive income (loss) ...... 155 155 6 161
Comprehensive income (loss) .......... 5,207 176 5,383
Activity related to restricted common
stock awards, net .............................. 1 32 — — 33 — 33
Employee stock options, including
income tax benefits ........................... 2 137 — — 139 — 139
Performance share units ........................ — 10 — — 10 — 10
Common stock acquired and retired...... (20 ) (205 ) (1,313 ) — (1,538 ) — (1,538 )
Cash dividends declared ........................ — — (235) — (235 ) — (235)
N
oncontrolling interests, net ................. — — 14 — 14 (225) (211)
Balance at December 31, 2013 ............ 325 3,498 21,235 (338) 24,720 64 24,784
N
et income ............................................ 2,317 2,317 57 2,374
Other comprehensive income (loss) ...... (1,072) (1,072 ) — (1,072)
Comprehensive income (loss) .......... 1,245 57 1,302
Activity related to restricted common
stock awards, net .............................. 1 60 — — 61 — 61
Employee stock options, including
income tax benefits ........................... 3 182 — — 185 — 185
Performance share units ........................ — 19 — — 19 — 19
Common stock acquired and retired...... (43 ) (482 ) (3,197 ) — (3,722 ) — (3,722 )
Cash dividends declared ........................ — — (303) — (303 ) — (303)
N
oncontrolling interests, ne
t
................. — — — — — (6) (6)
Balance at December 31, 2014 ............ $ 286 $ 3,277 $ 20,052 $ (1,410 ) $ 22,205 $ 115 $ 22,320
See accompanying Notes to Consolidated Financial Statements.