v2.3.0.11
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (USD $)
In Millions, except Share data
Total
Convertible Preference Shares
Common Shares
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Shares
Non - Controlling Interest
Comprehensive Income (Loss)
Balance at Dec. 31, 2009 $ 10,365 $ 1,553 $ 1 $ 3,625 $ 3,996 $ 319   $ 871  
Balance (in shares) at Dec. 31, 2009   7,762,455 134,096,906            
Comprehensive income (loss)                  
Net income 1,867       1,841     26 1,867
Other comprehensive income (loss):                  
Foreign exchange translation adjustment, net of tax expense of $0 during the six months period ended June 30, 2011 and 2010, respectively (391)         (346)   (45) (391)
Unrealized gains on commodity futures and foreign exchange contracts, net of tax expense of $2 and $0 during the six months period ended June 30, 2011 and 2010, respectively 1         1     1
Unrealized investment gains, net of tax expense of $0 in 2010 (1)         (1)     (1)
Other postretirement healthcare subsidy tax deduction adjustment 2         2     2
Total comprehensive income (loss) 1,478       1,841 (344)   (19) 1,478
Dividends on common shares (64)       (64)        
Dividends on preference shares (39)       (39)        
Dividends to noncontrolling interest on subsidiary common stock (9)             (9)  
Return of capital to noncontrolling interest (6)             (6)  
Capital contribution from noncontrolling interest 27             27  
Initial consolidation of subsidiary 3             3  
Sale of non-wholly-owned subsidiary (Note 19) (588)             (588)  
Stock-based compensation expense 34     34          
Repurchase of common shares (107)           (107)    
Repurchase of common shares (in shares)     (2,050,000)            
Issuance of common shares:                  
-Business acquisition (Note 3) 597     597          
-Business acquisition (Note 3) (in shares)     10,252,895            
-Stock options and award plans, net of shares withheld for taxes (4)     (4)          
-Stock options and award plans, net of shares withheld for taxes (in shares)     363,757            
Balance at Jun. 30, 2010 11,687 1,553 1 4,252 5,734 (25) (107) 279  
Balance (in shares) at Jun. 30, 2010   7,762,455 142,663,558            
Balance at Dec. 31, 2010 12,554 690 1 4,793 6,153 583   334  
Balance (in shares) at Dec. 31, 2010   6,900,000 146,635,083            
Comprehensive income (loss)                  
Net income 547       548     (1) 547
Other comprehensive income (loss):                  
Foreign exchange translation adjustment, net of tax expense of $0 during the six months period ended June 30, 2011 and 2010, respectively 658         640   18 658
Unrealized gains on commodity futures and foreign exchange contracts, net of tax expense of $2 and $0 during the six months period ended June 30, 2011 and 2010, respectively 3         3     3
Pension adjustment, net of tax expense of $0 (2)         (2)     (2)
Total comprehensive income (loss) 1,206       548 641   17 1,206
Dividends on common shares (71)       (71)        
Dividends on preference shares (17)       (17)        
Dividends to noncontrolling interest on subsidiary common stock (12)             (12)  
Capital contribution from noncontrolling interest 53             53  
Stock-based compensation expense 26     26          
Issuance of common shares:                  
-Stock options and award plans, net of shares withheld for taxes 12     12          
-Stock options and award plans, net of shares withheld for taxes (in shares)     709,526            
Balance at Jun. 30, 2011 $ 13,751 $ 690 $ 1 $ 4,831 $ 6,613 $ 1,224   $ 392  
Balance (in shares) at Jun. 30, 2011   6,900,000 147,344,609