Bank of America 2015 Annual Report Download - page 136

134 Bank of America 2015
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, 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
Cumulative adjustment for accounting change related to debit
valuation adjustments 1,226 (1,226) —
Net income 15,888 15,888
Net change in available-for-sale debt and marketable equity securities (1,598) (1,598)
Net change in debit valuation adjustments 615 615
Net change in derivatives 584 584
Employee benefit plan adjustments 394 394
Net change in foreign currency translation adjustments (123) (123)
Dividends paid:
Common (2,091) (2,091)
Preferred (1,483) (1,483)
Issuance of preferred stock 2,964 2,964
Common stock issued under employee plans and related tax effects 4,054 (42) (42)
Common stock repurchased (140,331) (2,374) (2,374)
Balance, December 31, 2015 $ 22,273 10,380,265 $ 151,042 $ 88,564 $ (5,674) $ 256,205
See accompanying Notes to Consolidated Financial Statements.