Raytheon 2013 Annual Report Download - page 87

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77
RAYTHEON COMPANY
CONSOLIDATED STATEMENTS OF EQUITY
Years Ended December 31, 2013, 2012
and 2011 (in millions) Common
stock
Additional
paid-in
capital
Accumulated
other
comprehensive
loss Retained
earnings
Total
Raytheon
Company
stockholders’
equity
Noncontrolling
interests in
subsidiaries Total
equity
Balance at December 31, 2010 $ 4 $ 4,506 $ (5,146) $10,390 $ 9,754 $ 136 $ 9,890
Net income 1,866 1,866 30 1,896
Other comprehensive income
(loss), net of tax (1,855) (1,855) (1,855)
Dividends declared (600)(600) (600)
Distributions and other activity
related to noncontrolling
interests — (7)(7)
Common stock plans activity 180 180 180
Warrants exercised 123 123 123
Share repurchases (1) (1,286) (1,287) (1,287)
Balance at December 31, 2011 3 3,523 (7,001) 11,656 8,181 159 8,340
Net income 1,888 1,888 12 1,900
Other comprehensive income
(loss), net of tax (787) (787) (787)
Dividends declared (661)(661) (661)
Distributions and other activity
related to noncontrolling
interests — (7)(7)
Common stock plans activity 267 267 267
Share repurchases (862) (862) (862)
Balance at December 31, 2012 3 2,928 (7,788) 12,883 8,026 164 8,190
Net income 1,996 1,996 17 2,013
Other comprehensive income
(loss), net of tax 2,675 2,675 2,675
Dividends declared (706)(706) (706)
Distributions and other
activity related to
noncontrolling interests — (19)(19)
Common stock plans activity 167 167 167
Share repurchases (1,123) (1,123) (1,123)
Balance at December 31, 2013 $ 3 $ 1,972 $ (5,113) $14,173 $ 11,035 $ 162 $ 11,197
The accompanying notes are an integral part of the consolidated financial statements.