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Consolidated Statements of Equity (USD $)
In Millions, unless otherwise specified
Total
Common Stock
Paid-In Capital
Accumulated Other Comprehensive Income
Retained Earnings (Deficit)
Treasury Stock
Non- controlling Interests
Beginning Balance at Dec. 31, 2010 $ (56.7)   $ 703.3 $ 29.5 $ (793.0)   $ 3.5
Comprehensive income:              
Net income (34.6)       (35.6)   1.0
Other comprehensive income (18.9)     (18.9)      
Stock-based compensation 26.6   26.6        
Tax benefit on exercise of stock options 1.2   1.2        
Dividends declared to Fortune Brands, Inc. (574.3)   (574.3)        
Change in legal structure [1]     (750.9)   750.9    
Fortune Brands, Inc. capital contribution [2] 2,782.1   2,782.1        
Common stock split   1.6 (1.6)        
Treasury stock purchase (0.1)         (0.1)  
Dividends paid to noncontrolling interests (0.8)           (0.8)
Ending Balance at Dec. 31, 2011 2,124.5 1.6 2,186.4 10.6 (77.7) (0.1) 3.7
Comprehensive income:              
Net income 119.7       118.7   1.0
Other comprehensive income 20.0     20.0      
Stock options exercised 104.4   104.4        
Stock-based compensation 19.4   27.1     (7.7)  
Tax benefit on exercise of stock options 12.0   12.0        
Separation-related adjustments (5.1)   (5.1)        
Treasury stock purchase (9.1)         (9.1)  
Dividends paid to noncontrolling interests (1.1)           (1.1)
Ending Balance at Dec. 31, 2012 2,384.7 1.6 2,324.8 30.6 41.0 (16.9) 3.6
Comprehensive income:              
Net income 230.9       229.7   1.2
Other comprehensive income 64.8     64.8      
Stock options exercised 50.8 0.1 50.7        
Stock-based compensation 14.5   25.7     (11.2)  
Tax benefit on exercise of stock options [3] 30.1   30.1        
Treasury stock purchase (51.7)         (51.7)  
Dividends ($0.42 per Common share) (69.9)       (69.9)    
Dividends paid to noncontrolling interests (1.1)           (1.1)
Ending Balance at Dec. 31, 2013 $ 2,653.1 $ 1.7 $ 2,431.3 $ 95.4 $ 200.8 $ (79.8) $ 3.7
[1] In August 2011, the Company converted from a Delaware limited liability company to a Delaware corporation. As a result, the retained deficit is included as additional paid-in-capital in accordance with SEC Staff Accounting Bulletin Topic 4:B.
[2] The allocation of general and administrative expenses, stock-based compensation and the tax benefit on exercise of options provided by Fortune Brands, Inc. (net of tax) is included in the Consolidated Statements of Income and treated as a capital contribution. In addition, in 2011, Fortune Brands, Inc. made equity contributions totaling $2.7 billion to the Company. Any remaining related party loan balances to/from Fortune Brands, Inc. were capitalized immediately prior to the Separation. Refer to Note 15, "Related Party Transactions."
[3] Includes $4.1 million of adjustments related to prior years' vested and unvested restricted stock units.