Raytheon 2014 Annual Report Download - page 88

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79
RAYTHEON COMPANY
CONSOLIDATED STATEMENTS OF EQUITY
(in millions) Years Ended December 31,
2014, 2013 and 2012: 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, 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
Net income 2,244 2,244 14 2,258
Other comprehensive income
(loss), net of tax (2,345) (2,345) (2,345)
Dividends declared (746)(746) (746)
Distributions and other
activity related to
noncontrolling interests (22) (22) 20 (2)
Common stock plans activity 199 199 199
Share repurchases (840) (840) (840)
Balance at December 31, 2014 $ 3 $ 1,309 $ (7,458) $15,671 $ 9,525 $ 196 $ 9,721
The accompanying notes are an integral part of the consolidated financial statements.