Bank of America 2012 Annual Report Download - page 158

156 Bank of America 2012
Bank of America Corporation and Subsidiaries
Consolidated Statement of Changes in Shareholders’ Equity
Preferred
Stock
Common Stock and
Additional Paid-in
Capital Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss) Other
Total
Shareholders’
Equity
(Dollars in millions, shares in thousands) Shares Amount
Balance, December 31, 2009 $ 37,208 8,650,244 $ 128,734 $ 71,233 $ (5,619) $ (112) $ 231,444
Cumulative adjustments for accounting changes:
Consolidation of certain variable interest entities (6,154) (116) (6,270)
Credit-related notes (229) 229
Net loss (2,238) (2,238)
Net change in available-for-sale debt and marketable
equity securities 5,759 5,759
Net change in derivatives (701) (701)
Employee benefit plan adjustments 145 145
Net change in foreign currency translation adjustments 237 237
Dividends paid:
Common (405) (405)
Preferred (1,357) (1,357)
Common stock issued under employee plans and
related tax effects 98,557 1,385 103 1,488
Mandatory convertible preferred stock conversion (1,542) 50,354 1,542
Common Equivalent Securities conversion (19,244) 1,286,000 19,244
Other 140
(1) 7 146
Balance, December 31, 2010 16,562 10,085,155 150,905 60,849 (66) (2) 228,248
Net income 1,446 1,446
Net change in available-for-sale debt and marketable
equity securities (4,270) (4,270)
Net change in derivatives (549) (549)
Employee benefit plan adjustments (444) (444)
Net change in foreign currency translation adjustments (108) (108)
Dividends paid:
Common (413) (413)
Preferred (1,325) (1,325)
Issuance of preferred stock and warrants 2,918 2,082 5,000
Common stock issued in connection with exchanges of
preferred stock and trust preferred securities (1,083) 400,000 2,754 (36) 1,635
Common stock issued under employee plans and
related tax effects 50,783 880 2 882
Other (1)(1)
Balance, December 31, 2011 18,397 10,535,938 156,621 60,520 (5,437) — 230,101
Net income 4,188 4,188
Net change in available-for-sale debt and marketable
equity securities 1,802 1,802
Net change in derivatives 916 916
Employee benefit plan adjustments (65) (65)
Net change in foreign currency translation adjustments (13) (13)
Dividends paid:
Common (437) (437)
Preferred (1,472) (1,472)
Net issuance of preferred stock 667 667
Common stock issued in connection with exchanges of
preferred stock and trust preferred securities (296) 49,867 412 44 160
Common stock issued under employee plans and
related tax effects 192,459 1,109 1,109
Balance, December 31, 2012 $ 18,768 10,778,264 $ 158,142 $ 62,843 $ (2,797) $ — $ 236,956
See accompanying Notes to Consolidated Financial Statements.