XML 72 R16.htm IDEA: XBRL DOCUMENT v2.4.0.6
Stockholders' Equity
9 Months Ended
Sep. 30, 2012
Stockholders' Equity

Note 9. Stockholders’ Equity

 

Series A and Series B preferred stock — Dividends on our 4.0% Series A Convertible Preferred Stock and 4.0% Series B Convertible Preferred Stock (preferred stock) are accrued monthly and are payable in cash as approved by the Board of Directors. Preferred dividends of $8 were accrued at September 30, 2012 and December 31, 2011.

 

Common stock — Our Board of Directors declared a quarterly cash dividend of five cents per share of common stock in each of the first three quarters of 2012. Aggregate 2012 declared and paid dividends total $22. Dividends accrue on RSUs granted under our stock compensation program and will be paid in cash or additional units only when the underlying units vest.

 

 

Changes in equity

 

    2012     2011  
          Attributable                 Attributable        
          to Non-                 to Non-        
    Attributable     controlling     Total     Attributable     controlling     Total  
Three Months Ended September 30,   to Parent     Interests     Equity     to Parent     Interests     Equity  
                                     
Balance, June 30   $ 1,851     $ 99     $ 1,950     $ 1,821     $ 104     $ 1,925  
Total comprehensive income (loss)     83       6       89       (63 )             (63 )
Preferred stock dividends     (8 )             (8 )     (8 )             (8 )
Common stock dividends     (7 )             (7 )                        
Dividends attributable to noncontrolling interests             (1 )     (1 )             (2 )     (2 )
Stock compensation     4               4       4               4  
Ending Balance, September 30   $ 1,923     $ 104     $ 2,027     $ 1,754     $ 102     $ 1,856  
                                                 
Nine Months Ended September 30,                                                
Balance, December 31   $ 1,737     $ 101     $ 1,838     $ 1,687     $ 99     $ 1,786  
Total comprehensive income     219       12       231       74       8       82  
Preferred stock dividends     (23 )             (23 )     (23 )             (23 )
Common stock dividends     (22 )             (22 )                        
Dividends attributable to noncontrolling interests             (9 )     (9 )             (5 )     (5 )
Stock compensation     13               13       19               19  
Stock withheld for employee taxes     (1 )             (1 )     (3 )             (3 )
Ending Balance, September 30   $ 1,923     $ 104     $ 2,027     $ 1,754     $ 102     $ 1,856