US Bank 2013 Annual Report Download - page 80

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U.S. Bancorp
Consolidated Statement of Shareholders’ Equity
U.S. Bancorp Shareholders
(Dollars and Shares in Millions)
Common
Shares
Outstanding
Preferred
Stock
Common
Stock
Capital
Surplus
Retained
Earnings
Treasury
Stock
Accumulated
Other
Comprehensive
Income (Loss)
Total
U.S. Bancorp
Shareholders’
Equity
Noncontrolling
Interests
Total
Equity
Balance December 31, 2010 .... 1,921 $1,930 $21 $8,294 $27,005 $(6,262) $(1,469) $29,519 $ 803 $30,322
Change in accounting principle ......... (2) (2) (2)
Net income (loss) ........................ 4,872 4,872 (84) 4,788
Other comprehensive income (loss) ..... 269 269 269
Preferred stock dividends ............... (129) (129) (129)
Common stock dividends ............... (961) (961) (961)
Issuance of preferred stock ............. 676 676 676
Issuance of common and treasury
stock .................................. 11 (147) 340 193 193
Purchase of treasury stock .............. (22) (550) (550) (550)
Distributions to noncontrolling
interests............................... – (80) (80)
Purchase of noncontrolling interests .... (3) (3) (8) (11)
Net other changes in noncontrolling
interests............................... – 362 362
Stock option and restricted stock
grants ................................. 94 94 94
Balance December 31, 2011 .... 1,910 $2,606 $21 $8,238 $30,785 $(6,472) $(1,200) $33,978 $ 993 $34,971
Net income (loss) ........................ 5,647 5,647 (157) 5,490
Other comprehensive income (loss) ..... 277 277 277
Preferred stock dividends ............... (238) (238) (238)
Common stock dividends ............... (1,474) (1,474) (1,474)
Issuance of preferred stock ............. 2,163 2,163 2,163
Issuance of common and treasury
stock .................................. 18 (119) 560 441 441
Purchase of treasury stock .............. (59) (1,878) (1,878) (1,878)
Distributions to noncontrolling
interests............................... – (76) (76)
Net other changes in noncontrolling
interests............................... – 509 509
Stock option and restricted stock
grants ................................. 82 82 82
Balance December 31, 2012 .... 1,869 $4,769 $21 $8,201 $34,720 $(7,790) $ (923) $38,998 $1,269 $40,267
Net income (loss) ........................ 5,836 5,836 (104) 5,732
Other comprehensive income (loss) ..... (148) (148) (148)
Redemption of preferred stock .......... (500) 8 (8) (500) (500)
Preferred stock dividends ............... (250) (250) (250)
Common stock dividends ............... (1,631) (1,631) (1,631)
Issuance of preferred stock ............. 487 487 487
Issuance of common and treasury
stock .................................. 21 (100) 650 550 550
Purchase of treasury stock .............. (65) (2,336) (2,336) (2,336)
Distributions to noncontrolling
interests............................... – (62) (62)
Net other changes in noncontrolling
interests............................... – (409) (409)
Stock option and restricted stock
grants ................................. 107 107 107
Balance December 31, 2013 .... 1,825 $4,756 $21 $8,216 $38,667 $(9,476) $(1,071) $41,113 $ 694 $41,807
See Notes to Consolidated Financial Statements.
78 U.S. BANCORP