Waste Management 2014 Annual Report Download - page 156

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WASTE MANAGEMENT, INC.
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
(In Millions, Except Shares in Thousands)
Waste Management, Inc. Stockholders’ Equity
Total
Common Stock Additional
Paid-In
Capital Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
Treasury Stock Noncontrolling
InterestsShares Amounts Shares Amounts
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
Consolidated net income ............ 1,338 — — 1,298 40
Other comprehensive income (loss), net
of taxes ....................... (131) — — — (131)
Cash dividends declared ............ (693) — (693)
Equity-based compensation
transactions, including dividend
equivalents, net of taxes .......... 195 79 (6) 3,779 122
Common stock repurchases .......... (600) (180) (9,569) (420)
Distributions paid to noncontrolling
interests ....................... (34) — (34)
Acquisitions of noncontrolling interests
and divestiture of Wheelabrator
business ....................... (188) — 90 (278)
Other ........................... — 7
Balance, December 31, 2014 ......... $5,889 630,282 $ 6 $4,585 $6,888 $ 23 (171,745) $(5,636) $ 23
See notes to Consolidated Financial statements.
79