BB&T 2010 Annual Report Download - page 100
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BB&T CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
Years Ended December 31, 2010, 2009 and 2008
(Dollars in millions, except per share data, shares in thousands)
Shares of
Common
Stock Preferred
Stock Common
Stock
Additional
Paid-In
Capital Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss) Noncontrolling
Interest
Total
Shareholders’
Equity
Balance, January 1, 2008 545,955 $ — $2,730 $3,087 $ 6,919 $(104) $32 $12,664
Add (Deduct):
Comprehensive income (loss):
Net income — — — — 1,519 — 10 1,529
Net change in other
comprehensive income
(loss) — — — — — (628) — (628)
Total comprehensive income
(loss) (Note 13) — — — — 1,519 (628) 10 901
Stock issued:
In purchase acquisitions (1) 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 accounting principles — — — — (8) — — (8)
Equity-based compensation
expense — — — 75 — — — 75
Other, net — — — 5 — — 2 7
Balance, December 31, 2008 559,248 $3,082 $2,796 $3,510 $ 7,381 $(732) $44 $16,081
Add (Deduct):
Comprehensive income (loss):
Net income — — — — 853 — 24 877
Net change in other
comprehensive income
(loss) — — — — — 315 — 315
Total comprehensive income
(loss) (Note 13) — — — — 853 315 24 1,192
Stock issued:
In purchase acquisitions (1) 1,628 — 8 32 — — — 40
In connection with stock
option exercises and other
employee benefits, net of
cancellations 463 — 2 4 — — — 6
In connection with dividend
reinvestment plan 2,688 — 14 44 — — — 58
In connection with 401(k)
plan 1,011 — 5 20 — — — 25
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