General Motors 2013 Annual Report Download - page 60

GENERAL MOTORS COMPANY AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF EQUITY
(In millions)
Series A
Preferred
Stock
Series B
Preferred
Stock
Common Stockholders’
Noncontrolling
Interests
Total
Equity
Common
Stock
Additional
Paid-in
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
Balance December 31, 2010 ................................ $ 5,536 $ 4,855 $ 15 $ 24,257 $ 266 $ 1,251 $ 979 $ 37,159
Effect of adoption of amendments in ASU 2010-28 regarding
goodwill impairment (Note 10) ............................ — — — — (1,466) — — (1,466)
Net income .............................................. — — — — 9,190 — 97 9,287
Other comprehensive loss .................................. — — — — — (7,105) (10) (7,115)
Purchase of noncontrolling interest shares ...................... — — — 41 — (7) (134) (100)
Exercise of common stock warrants ........................... — — — 11 — — — 11
Stock based compensation .................................. — — — 219 — — — 219
Pension plan stock contribution (Note 15) ...................... — — 1 1,863 — — — 1,864
Cash dividends on Series A Preferred Stock and cumulative
dividends on Series B Preferred Stock ....................... — — — — (859) — — (859)
Dividends declared or paid to noncontrolling interest ............. — — — — — — (54) (54)
Other ................................................... — — — — 52 — (7) 45
Balance December 31, 2011 ................................ 5,536 4,855 16 26,391 7,183 (5,861) 871 38,991
Net income .............................................. — — — — 6,188 — (52) 6,136
Other comprehensive income (loss) ........................... — — — — — (2,191) 11 (2,180)
Purchase and retirement of common stock ..................... — — (2) (2,652) (2,455) — — (5,109)
Exercise of common stock warrants ........................... — — — 5 — — — 5
Stock based compensation .................................. — — — 89 — — — 89
Conversion of Series B Preferred Stock to common stock ......... — — — 1 — — — 1
Cash dividends on Series A Preferred Stock and cumulative
dividends on Series B Preferred Stock ....................... — — — — (859) — — (859)
Dividends declared or paid to noncontrolling interest ............. — — — — — — (80) (80)
Other ................................................... — — — — — — 6 6
Balance December 31, 2012 ................................ 5,536 4,855 14 23,834 10,057 (8,052) 756 37,000
Net income .............................................. — — — — 5,346 — (15) 5,331
Other comprehensive income (loss) ........................... — — — — — 4,939 (18) 4,921
Purchase and cancellation of Series A Preferred Stock ............ (2,427) — — — — — — (2,427)
Exercise of common stock warrants ........................... — — — 3 — — — 3
Stock based compensation .................................. — — — 75 — — — 75
Conversion of Series B Preferred Stock to common stock ......... — (4,855) 1 4,854 — — — —
Cash dividends paid on Series A Preferred Stock, charge related to
purchase of Series A Preferred Stock and dividends on Series B
Preferred Stock ......................................... — — — — (1,587) — — (1,587)
Dividends declared or paid to noncontrolling interest ............. — — — — — — (82) (82)
Other ................................................... — — — 14 — — (74) (60)
Balance December 31, 2013 ................................ $ 3,109 $ — $ 15 $ 28,780 $ 13,816 $ (3,113) $ 567 $ 43,174
Reference should be made to the notes to consolidated financial statements.
58 2013 ANNUAL REPORT