Waste Management 2011 Annual Report Download - page 153

WASTE MANAGEMENT, INC.
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY — (Continued)
(In Millions, Except Shares in Thousands)
Waste Management, Inc. Stockholders’ Equity
Comprehensive
Income
Common Stock Additional
Paid-In
Capital
Retained
Accumulated
Other
Comprehensive
Income
(Loss)
Treasury Stock Noncontrolling
InterestsTotal Shares Amounts Earnings Shares Amounts
Balance, December 31, 2010 ................ $ 6,591 630,282 $ 6 $ 4,528 $ 6,400 $ 230 (155,236) $ (4,904) $ 331
Comprehensive Income:
Consolidated net income ................... 1,009 $1,009 — — — 961 — — — 48
Other comprehensive income (loss), net of
taxes:
Unrealized losses resulting from changes in
fair value of derivative instruments, net of
taxes of $20 ......................... (30) (30) — — — — (30) — — —
Realized losses on derivative instruments
reclassified into earnings, net of taxes of
$1................................. 1 1 — — — — 1 — — —
Unrealized losses on available-for-sale
securities, net of taxes of $2 ............ (3) (3) — — — — (3) — —
Foreign currency translation adjustments .... (18) (18) — — — — (18) — — —
Change in funded status of post-retirement
benefit obligations, net of taxes of $5 ..... (8) (8) — — — — (8) — — —
Other comprehensive income (loss) .......... (58) (58)
Comprehensive income .................... 951 $ 951
Cash dividends declared ................... (637) — — — (637) — — — —
Equity-based compensation transactions,
including dividend equivalents, net of
taxes ................................. 119 — — 33 (3) — 2,813 89 —
Common stock repurchases ................. (575) — — — — — (17,338) (575) —
Distributions paid to noncontrolling interests . . . (59) — — — — — — — (59)
Other .................................. — — — — — — 11 — —
Balance, December 31, 2011 ................ $6,390 630,282 $ 6 $4,561 $6,721 $172 (169,750) $(5,390) $320
See notes to Consolidated Financial Statements.
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