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v2.4.0.8

Condensed Consolidated Statements of Changes in Equity (USD $) In Millions | Total | Ordinary shares | Treasury shares | Additional paid-in capital | Retained earnings | Accumulated other comprehensive income (loss) | Total Pentair plc | Noncontrolling interest
--- | --- | --- | --- | --- | --- | --- | --- | ---
Beginning Balance at Dec. 31, 2012 | $ 6,487.5 | $ 113.5 | $ (315.5) | $ 5,292.4 | $ 1,292.3 | $ (11.6) | $ 6,371.1 | $ 116.4
Beginning Balance (in shares) at Dec. 31, 2012 |  | 213.0 | (6.9) |  |  |  |  |
Net income | 382.9 |  |  |  | 378.6 |  | 378.6 | 4.3
Other Comprehensive Income (Loss), Net of Tax | (29.4) |  |  |  |  | (30.1) | (30.1) | 0.7
Tax benefits of share-based compensation | 6.2 |  |  | 6.2 |  |  | 6.2 |
Dividends declared | (199.6) |  |  | (199.6) | 0 |  | (199.6) |
Distribution to noncontrolling interest | (2.0) |  |  |  |  |  |  | (2.0)
Share repurchase | (540.3) |  | (540.3) |  |  |  | (540.3) |
Share repurchase (in shares) |  |  | (9.7) |  |  |  |  |
Exercise of options, net of shares tendered for payment | 83.2 | 0 | 109.8 | (26.6) |  |  | 83.2 |
Exercise of options, net of shares tendered for payment (in shares) |  | 0 | 2.5 |  |  |  |  |
Issuance of restricted shares, net of cancellations | 0 | 0 | 28.9 | (28.9) |  |  | 0 |
Issuance of restricted shares, net of cancellations (in shares) |  | 0 | 0.6 |  |  |  |  |
Shares surrendered by employees to pay taxes | (12.4) | 0 | (10.1) | (2.3) |  |  | (12.4) |
Shares surrendered by employees to pay taxes (in shares) |  | 0 | (0.2) |  |  |  |  |
Share-based compensation | 25.3 |  |  | 25.3 |  |  | 25.3 |
Ending Balance at Sep. 28, 2013 | 6,201.4 | 113.5 | (727.2) | 5,066.5 | 1,670.9 | (41.7) | 6,082.0 | 119.4
Ending Balance (in shares) at Sep. 28, 2013 |  | 213.0 | (13.7) |  |  |  |  |
Beginning Balance at Dec. 31, 2013 | 6,217.7 | 113.5 | (875.1) | 5,071.4 | 1,829.1 | (43.6) | 6,095.3 | 122.4
Beginning Balance (in shares) at Dec. 31, 2013 |  | 213.0 | (15.6) |  |  |  |  |
Net income | 94.1 |  |  |  | 94.1 |  | 94.1 | 0
Other Comprehensive Income (Loss), Net of Tax | (189.1) |  |  |  |  | (189.1) | (189.1) |
par value conversion |  | (111.4) |  | 111.4 |  |  |  |
Dividends declared | (225.7) |  |  | (225.7) |  |  | (225.7) |
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests | (134.7) |  |  | (12.3) |  |  | (12.3) | (122.4)
Share repurchase | (850.0) |  | (450.7) | (399.3) |  |  | (850.0) |
Share repurchase (in shares) |  | (5.9) | (5.8) |  |  |  |  |
Exercise of options, net of shares tendered for payment | 37.7 |  | 48.7 | (11.0) |  |  | 37.7 |
Exercise of options, net of shares tendered for payment (in shares) |  |  | 0.9 |  |  |  |  |
Issuance of restricted shares, net of cancellations |  |  | 14.4 | (14.4) |  |  |  |
Issuance of restricted shares, net of cancellations (in shares) |  |  | 0.3 |  |  |  |  |
Shares surrendered by employees to pay taxes | (7.4) |  | (4.8) | (2.6) |  |  | (7.4) |
Shares surrendered by employees to pay taxes (in shares) |  |  | (0.1) |  |  |  |  |
Share-based compensation | 24.8 |  |  | 24.8 |  |  | 24.8 |
Ending Balance at Sep. 27, 2014 | $ 4,967.4 | $ 2.1 | $ (1,267.5) | $ 4,542.3 | $ 1,923.2 | $ (232.7) | $ 4,967.4 | $ 0
Ending Balance (in shares) at Sep. 27, 2014 |  | 207.1 | (20.3) |  |  |  |  |

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