Waste Management 2013 Annual Report Download - page 172

WASTE MANAGEMENT, INC.
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
(In Millions, Except Shares in Thousands)
Total
Waste Management, Inc. Stockholders’ Equity
Noncontrolling
Interests
Common Stock Additional
Paid-In
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
Treasury Stock
Shares Amounts Shares Amounts
Balance, December 31, 2010 ........... $6,591 630,282 $ 6 $4,528 $6,400 $230 (155,236) $(4,904) $331
Consolidated net income .............. 1,009 — — — 961 — — — 48
Other comprehensive income (loss), net of
taxes ............................ (58) — — — — (58) — — —
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
Consolidated net income .............. 860 — — — 817 — — — 43
Other comprehensive income (loss), net of
taxes ............................ 21 — — — — 21 — — —
Cash dividends declared .............. (658) — — — (658) — — — —
Equity-based compensation transactions,
including dividend equivalents, net of
taxes ............................ 101 — — (15) (1) — 3,680 117 —
Distributions paid to noncontrolling
interests ......................... (46) — — — — — — — (46)
Other ............................. 7 — — 3 — — 8 — 4
Balance, December 31, 2012 ........... $6,675 630,282 $ 6 $4,549 $6,879 $193 (166,062) $(5,273) $321
Consolidated net income .............. 130 — — — 98 — — — 32
Other comprehensive income (loss), net of
taxes ............................ (39) — — — — (39) — — —
Cash dividends declared .............. (683) — — — (683) — — — —
Equity-based compensation transactions,
including dividend equivalents, net of
taxes ............................ 216 — — 47 (5) — 5,461 174 —
Common stock repurchases ............ (239) — — — — — (5,368) (239) —
Distributions paid to noncontrolling
interests ......................... (59) — — — — — — — (59)
Other ............................. 1 — — — — — 7 1
Balance, December 31, 2013 ........... $6,002 630,282 $ 6 $4,596 $6,289 $154 (165,962) $(5,338) $295
See notes to Consolidated Financial Statements.
82