BB&T 2008 Annual Report Download - page 86
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Shares of
Common
Stock Preferred
Stock Common
Stock
Additional
Paid-In
Capital Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
Total
Shareholders’
Equity
Add (Deduct):
Comprehensive income:
Net income — — — — 1,519 — 1,519
Unrealized holding gains (losses) arising
during the period on securities available
for sale, net of tax of $(136) — — — — — (229) (229)
Reclassification adjustment for losses
(gains) on securities available for sale
included in net income, net of tax
of $(40) — — — — — (67) (67)
Change in unrealized gains (losses) on
securities, net of tax — — — — — (296) (296)
Change in pension liability, net of tax
of $(225) — — — — — (368) (368)
Change in unrecognized gain (loss) on cash
flow hedge, net of tax of $28 — — — — — 48 48
Foreign currency translation adjustment — — — — (12) (12)
Total comprehensive income — — — — 1,519 (628) 891
Stock issued:
In purchase acquisitions 7,201 — 36 161 — — 197
In connection with stock option exercises
and other employee benefits, net of
cancellations 2,219 — 11 52 — — 63
In connection with dividend reinvestment
plan 1,415 — 7 37 — — 44
In connection with private placement to
BB&T pension plan 2,458 — 12 41 — — 53
In connection with Capital Purchase
Program 3,082 — — — — 3,082
Warrants issued in connection with Capital
Purchase Program 52 52
Cash dividends declared on common stock,
$1.87 per share — — — — (1,028) — (1,028)
Cash dividends accrued on preferred stock — — — — (21) — (21)
Cumulative effect of adoption of EITF 06-4
and EITF 06-10 — — — — (8) — (8)
Excess tax benefit from equity-based
awards — — — 5 — — 5
Equity-based compensation expense — — — 75 — — 75
Balance, December 31, 2008 559,248 $3,082 $2,796 $3,510 $ 7,381 $(732) $16,037
(1) Additional paid-in capital includes the value of replacement stock options issued.
The accompanying notes are an integral part of these consolidated financial statements.
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