Bank of America 2014 Annual Report Download - page 146

144 Bank of America 2014
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)
Total
Shareholders’
Equity
(Dollars in millions, shares in thousands) Shares Amount
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
Net income 11,431 11,431
Net change in available-for-sale debt and marketable equity securities (8,166) (8,166)
Net change in derivatives 592 592
Employee benefit plan adjustments 2,049 2,049
Net change in foreign currency translation adjustments (135) (135)
Dividends paid:
Common (428) (428)
Preferred (1,249) (1,249)
Issuance of preferred stock 1,008 1,008
Redemption of preferred stock (6,461) (100) (6,561)
Common stock issued under employee plans and related tax effects 45,288 371 371
Common stock repurchased (231,744) (3,220) (3,220)
Other 37 37
Balance, December 31, 2013 13,352 10,591,808 155,293 72,497 (8,457) 232,685
Net income 4,833 4,833
Net change in available-for-sale debt and marketable equity securities 4,621 4,621
Net change in derivatives 616 616
Employee benefit plan adjustments (943) (943)
Net change in foreign currency translation adjustments (157) (157)
Dividends paid:
Common (1,262) (1,262)
Preferred (1,044) (1,044)
Issuance of preferred stock 5,957 5,957
Common stock issued under employee plans and related tax effects 25,866 (160) (160)
Common stock repurchased (101,132) (1,675) (1,675)
Balance, December 31, 2014 $ 19,309 10,516,542 $ 153,458 $ 75,024 $ (4,320) $ 243,471
See accompanying Notes to Consolidated Financial Statements.