Consolidated Statements of Changes in Stockholders’ Equity

Enlarge table
Download XLS (25 kB)

 

 

 

Accumulated other comprehensive loss

 

 

 

 

Years ended December 31,
2011, 2010 and 2009
($ in millions)

Capital stock and additional paid-in capital

Retained earnings

Foreign currency translation adjustment

Unrealized gain (loss) on available-for-sale securities

Pension and other postretirement plan adjustments

Unrealized gains (losses) of cash flow hedge derivatives

Total accumulated other comprehensive loss

Treasury
stock

Total ABB stock-
holders’ equity

Non-
controlling
interests

Total
stock-
holders’
equity

See accompanying Notes to the Consolidated Financial Statements

Balance at January 1, 2010

3,943

12,828

(1,056)

20

(1,068)

20

(2,084)

(897)

13,790

683

14,473

Comprehensive income:

 

 

 

 

 

 

 

 

 

 

 

Net income

 

2,561

 

 

 

 

 

 

2,561

171

2,732

Foreign currency translation adjustments

 

 

349

 

 

 

349

 

349

21

370

Effect of change in fair value of available-for-sale securities, net of tax

 

 

 

(2)

 

 

(2)

 

(2)

 

(2)

Unrecognized income (expense) related to pensions and other postretirement plans, net of tax

 

 

 

 

148

 

148

 

148

(3)

145

Change in derivatives qualifying as cash flow hedges, net of tax

 

 

 

 

 

72

72

 

72

 

72

Total comprehensive income

 

 

 

 

 

 

 

 

3,128

189

3,317

Changes in noncontrolling interests

(836)

 

 

 

 

 

 

 

(836)

(110)

(946)

Dividends paid to noncontrolling shareholders

 

 

 

 

 

 

 

 

(189)

(189)

Dividends paid in the form of nominal value reduction

(1,112)

 

 

 

 

 

 

 

(1,112)

 

(1,112)

Cancellation of shares repurchased under buyback program

(619)

 

 

 

 

 

 

619

 

Purchase of shares

 

 

 

 

 

 

 

(228)

(228)

 

(228)

Share-based payment arrangements

66

 

 

 

 

 

 

 

66

 

66

Delivery of shares

13

 

 

 

 

 

 

65

78

 

78

Call options

(1)

 

 

 

 

 

 

 

(1)

 

(1)

Balance at December 31, 2010

1,454

15,389

(707)

18

(920)

92

(1,517)

(441)

14,885

573

15,458

Comprehensive income:

 

 

 

 

 

 

 

 

 

 

 

Net income

 

3,168

 

 

 

 

 

 

3,168

147

3,315

Foreign currency translation adjustments

 

 

(261)

 

 

 

(261)

 

(261)

(14)

(275)

Effect of change in fair value of available-for-sale securities, net of tax

 

 

 

2

 

 

2

 

2

 

2

Unrecognized income (expense) related to pensions and other postretirement plans, net of tax

 

 

 

 

(552)

 

(552)

 

(552)

3

(549)

Change in derivatives qualifying as cash flow hedges, net of tax

 

 

 

 

 

(80)

(80)

 

(80)

 

(80)

Total comprehensive income

 

 

 

 

 

 

 

 

2,277

136

2,413

Changes in noncontrolling interests

(3)

 

 

 

 

 

 

 

(3)

7

4

Dividends paid to noncontrolling shareholders

 

 

 

 

 

 

 

 

(157)

(157)

Dividends paid

 

(1,569)

 

 

 

 

 

 

(1,569)

 

(1,569)

Share-based payment arrangements

67

 

 

 

 

 

 

 

67

 

67

Delivery of shares

93

 

 

 

 

 

 

17

110

 

110

Call options

(9)

 

 

 

 

 

 

 

(9)

 

(9)

Replacement options issued in connection with acquisition

19

 

 

 

 

 

 

 

19

 

19

Balance at December 31, 2011

1,621

16,988

(968)

20

(1,472)

12

(2,408)

(424)

15,777

559

16,336

Comprehensive income:

 

 

 

 

 

 

 

 

 

 

 

Net income

 

2,704

 

 

 

 

 

 

2,704

108

2,812

Foreign currency translation adjustments

 

 

388

 

 

 

388

 

388

(5)

383

Effect of change in fair value of available-for-sale securities, net of tax

 

 

 

4

 

 

4

 

4

 

4

Unrecognized income (expense) related to pensions and other postretirement plans, net of tax

 

 

 

 

(532)

 

(532)

 

(532)

(5)

(537)

Change in derivatives qualifying as cash flow hedges, net of tax

 

 

 

 

 

25

25

 

25

 

25

Total comprehensive income

 

 

 

 

 

 

 

 

2,589

98

2,687

Changes in noncontrolling interests

 

 

 

 

 

 

 

 

6

6

Dividends paid to noncontrolling shareholders

 

 

 

 

 

 

 

 

(123)

(123)

Dividends paid

 

(1,626)

 

 

 

 

 

 

(1,626)

 

(1,626)

Share-based payment arrangements

60

 

 

 

 

 

 

 

60

 

60

Delivery of shares

(6)

 

 

 

 

 

 

96

90

 

90

Call options

10

 

 

 

 

 

 

 

10

 

10

Replacement options issued in connection with acquisition

5

 

 

 

 

 

 

 

5

 

5

Other

1

 

 

 

 

 

 

 

1

 

1

Balance at December 31, 2012

1,691

18,066

(580)

24

(2,004)

37

(2,523)

(328)

16,906

540

17,446