Humana 2011 Annual Report Download - page 94
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Humana Inc.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
Common Stock Capital In
Excess of
Par Value
Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
Treasury
Stock
Total
Stockholders’
Equity
Issued
Shares Amount
(dollars in millions, share amounts in thousands)
Balances, January 1, 2009 ..................... 187,857 $31 $1,574 $3,390 $(175) $ (363) $4,457
Net income ............................... 1,040 1,040
Net unrealized investment gains, net of tax
expense of $131 million ................ 230 230
Reclassification adjustment for net realized
gains included in net income, net of tax
expense of $7 million .................. (13) (13)
Common stock repurchases .................... (23) (23)
Stock-based compensation .................... 66 66
Restricted stock grants ........................ 978 0 0
Restricted stock forfeitures .................... (87) 0 0 0
Stock option exercises ........................ 1,053 1 18 19
Stock option and restricted stock tax benefit ....... 0 0
Balances, December 31, 2009 .................. 189,801 32 1,658 4,430 42 (386) 5,776
Net income ............................... 1,099 1,099
Net unrealized investment gains, net of tax
expense of $47 million ................. 82 82
Reclassification adjustment for net realized
gains included in net income, net of tax
expense of $2 million .................. (4) (4)
Common stock repurchases .................... (108) (108)
Stock-based compensation .................... 63 63
Restricted stock grants and restricted stock unit
vesting .................................. 5 0 0
Restricted stock forfeitures .................... (127) 0 0 0
Stock option exercises ........................ 566 0 17 17
Stock option and restricted stock tax benefit ....... (1) (1)
Balances, December 31, 2010 .................. 190,245 32 1,737 5,529 120 (494) 6,924
Net income ............................... 1,419 1,419
Net unrealized investment gains, net of tax
expense of $109 million ................ 190 190
Reclassification adjustment for net realized
gains included in net income, net of tax
expense of $4 million .................. (7) (7)
Common stock repurchases .................... (541) (541)
Dividends declared .......................... 0 (123) (123)
Stock-based compensation .................... 67 67
Restricted stock grants and restricted stock unit
vesting .................................. 11 0 0
Restricted stock forfeitures .................... (105) 0 0 0
Stock option exercises ........................ 3,079 0 134 134
Stock option and restricted stock tax benefit ....... 0 0
Balances, December 31, 2011 .................. 193,230 $32 $1,938 $6,825 $ 303 $(1,035) $8,063
The accompanying notes are an integral part of the consolidated financial statements.
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