General Motors 2014 Annual Report Download - page 70

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
Loss
Balance January 1, 2012 ............................ $ 5,536 $ 4,855 $ 16 $ 26,391 $ 7,183 $ (5,861) $ 871 $ 38,991
Net income ....................................... — — — — 6,188 — (52) 6,136
Other comprehensive 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 into 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 ......................... — — — — — 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
Mandatory conversion of Series B Preferred Stock into
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
Net income ....................................... — — — 3,949 — 69 4,018
Other comprehensive loss ............................ — — — — (4,960) (23) (4,983)
Redemption and cancellation of Series A Preferred Stock . . . (3,109) — — — — — (3,109)
Purchase of common stock ........................... — — (85) (83) — — (168)
Exercise of common stock warrants .................... — 1 38 — — — 39
Stock based compensation ........................... — — 206 (17) — — 189
Cash dividends paid on Series A Preferred Stock and charge
related to redemption of Series A Preferred Stock ....... — — — (1,160) — — (1,160)
Cash dividends paid on common stock ................. — — — (1,928) — — (1,928)
Dividends declared or paid to noncontrolling interests ..... — — — — — (73) (73)
Other ............................................ — — (2) — — 27 25
Balance December 31, 2014 ......................... $ — $ 16 $ 28,937 $ 14,577 $ (8,073) $ 567 $ 36,024
Reference should be made to the notes to consolidated financial statements.
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