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CHANGES IN EQUITY
9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
CHANGES IN EQUITY

NOTE 22     CHANGES IN EQUITY

 

 

Nine Months Ended September 30,

 

 

2014

 

 

2013

 

Common stock:

 

 

 

 

 

 

 

At beginning of period

$

789

 

 

$

787

 

Redemptions of Exchangeable Shares

 

8

 

 

 

-

 

Stock based awards

 

1

 

 

 

2

 

At end of period

 

798

 

 

 

789

 

Additional paid-in capital:

 

 

 

 

 

 

 

At beginning of period

 

8,538

 

 

 

8,427

 

Redemption of Exchangeable Shares

 

(8

)

 

 

-

 

Stock based awards (1)

 

91

 

 

 

61

 

Sale of noncontrolling interests

 

33

 

 

 

48

 

At end of period

 

8,654

 

 

 

8,536

 

Accumulated other comprehensive income (loss):

 

 

 

 

 

 

 

At beginning of period

 

(182

)

 

 

490

 

Other comprehensive income (loss)

 

(128

)

 

 

(546

)

At end of period

 

(310

)

 

 

(56

)

Retained earnings:

 

 

 

 

 

 

 

At beginning of period

 

848

 

 

 

3,991

 

Net income (loss) attributable to Newmont stockholders

 

493

 

 

 

(1,347

)

Dividends Paid

 

(102

)

 

 

(509

)

At end of period

 

1,239

 

 

 

2,135

 

Noncontrolling interests:

 

 

 

 

 

 

 

At beginning of period

 

2,916

 

 

 

3,175

 

Net income (loss) attributable to noncontrolling interests

 

(225

)

 

 

(176

)

Dividends paid to noncontrolling interests

 

(4

)

 

 

(2

)

Sale of noncontrolling interests, net

 

31

 

 

 

7

 

Other comprehensive income

 

-

 

 

 

1

 

At end of period

 

2,718

 

 

 

3,005

 

Total equity

$

13,099

 

 

$

14,409

 

(1)

A 2014 balance sheet adjustment of $26 was recorded to correct the presentation of stock based compensation cost as a component of additional paid-in capital, which was previously included as a current employee-related benefit liability. We concluded that the unadjusted balance of $51 was immaterial to the comparative December 31, 2013 balance sheet.