JP Morgan Chase 2013 Annual Report Download - page 181

Consolidated statements of changes in stockholders’ equity
JPMorgan Chase & Co./2013 Annual Report 187
Year ended December 31, (in millions, except per share data) 2013 2012 2011
Preferred stock
Balance at January 1 $ 9,058 $ 7,800 $ 7,800
Issuance of preferred stock 3,900 1,258 —
Redemption of preferred stock (1,800) — —
Balance at December 31 11,158 9,058 7,800
Common stock
Balance at January 1 and December 31 4,105 4,105 4,105
Capital surplus
Balance at January 1 94,604 95,602 97,415
Shares issued and commitments to issue common stock for employee stock-based compensation awards, and
related tax effects (752) (736) (1,688)
Other (24) (262) (125)
Balance at December 31 93,828 94,604 95,602
Retained earnings
Balance at January 1 104,223 88,315 73,998
Net income 17,923 21,284 18,976
Dividends declared:
Preferred stock (805) (647) (629)
Common stock ($1.44, $1.20 and $1.00 per share for 2013, 2012 and 2011, respectively) (5,585) (4,729) (4,030)
Balance at December 31 115,756 104,223 88,315
Accumulated other comprehensive income/(loss)
Balance at January 1 4,102 944 1,001
Other comprehensive income/(loss) (2,903) 3,158 (57)
Balance at December 31 1,199 4,102 944
Shares held in RSU Trust, at cost
Balance at January 1 (21) (38) (53)
Reissuance from RSU Trust —17 15
Balance at December 31 (21) (21) (38)
Treasury stock, at cost
Balance at January 1 (12,002) (13,155) (8,160)
Purchase of treasury stock (4,789) (1,415) (8,741)
Reissuance from treasury stock 1,944 2,574 3,750
Share repurchases related to employee stock-based compensation awards —(6) (4)
Balance at December 31 (14,847) (12,002) (13,155)
Total stockholders’ equity $ 211,178 $ 204,069 $ 183,573
The Notes to Consolidated Financial Statements are an integral part of these statements.