Coca Cola 2010 Annual Report Download - page 93

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THE COCA-COLA COMPANY AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF SHAREOWNERS’ EQUITY
Year Ended December 31, 2010 2009 2008
(In millions except per share data)
EQUITY ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY
NUMBER OF COMMON SHARES OUTSTANDING
Balance at beginning of year 2,303 2,312 2,318
Purchases of treasury stock (49) (26) (18)
Treasury stock issued to employees exercising stock options 38 17 12
Balance at end of year 2,292 2,303 2,312
COMMON STOCK $ 880 $ 880 $ 880
CAPITAL SURPLUS
Balance at beginning of year 8,537 7,966 7,378
Stock issued to employees related to stock compensation plans 855 339 324
Replacement share-based awards issued in connection with an acquisition 237 ——
Tax benefit (charge) from employees’ stock option and restricted stock plans 48 (6) (1)
Stock-based compensation 380 238 265
Balance at end of year 10,057 8,537 7,966
REINVESTED EARNINGS
Balance at beginning of year 41,537 38,513 36,235
Cumulative effect of the adoption of new accounting guidance for pension and other postretirement plans ——(8)
Net income attributable to shareowners of The Coca-Cola Company 11,809 6,824 5,807
Dividends (per share — $1.76, $1.64 and $1.52 in 2010, 2009 and 2008, respectively) (4,068) (3,800) (3,521)
Balance at end of year 49,278 41,537 38,513
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
Balance at beginning of year (757) (2,674) 626
Net foreign currency translation adjustment (935) 1,824 (2,285)
Net gain (loss) on derivatives (120) 34 1
Net change in unrealized gain on available-for-sale securities 102 (52) (44)
Net change in pension liability 260 111 (972)
Net other comprehensive income (loss) (693) 1,917 (3,300)
Balance at end of year (1,450) (757) (2,674)
TREASURY STOCK
Balance at beginning of year (25,398) (24,213) (23,375)
Stock issued to employees related to stock compensation plans 824 333 243
Purchases of treasury stock (3,188) (1,518) (1,081)
Balance at end of year (27,762) (25,398) (24,213)
TOTAL EQUITY ATTRIBUTABLE TO SHAREOWNERS OF THE COCA-COLA COMPANY $ 31,003 $ 24,799 $ 20,472
EQUITY ATTRIBUTABLE TO NONCONTROLLING INTERESTS
Balance at beginning of year $ 547 $ 390 $ 342
Net income attributable to noncontrolling interests 50 82 67
Net foreign currency translation adjustment (12) 49 (25)
Dividends paid to noncontrolling interests (32) (14) (20)
Contributions by noncontrolling interests 140 31
Increase due to business combinations 13 ——
Deconsolidation of certain variable interest entities (253) —(5)
TOTAL EQUITY ATTRIBUTABLE TO NONCONTROLLING INTERESTS 314 547 390
COMPREHENSIVE INCOME
Consolidated net income $ 11,859 $ 6,906 $ 5,874
Consolidated net other comprehensive income (loss) (705) 1,966 (3,325)
CONSOLIDATED COMPREHENSIVE INCOME $ 11,154 $ 8,872 $ 2,549
Refer to Notes to Consolidated Financial Statements.
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