Annual report pursuant to Section 13 and 15(d)

SHAREHOLDERS' EQUITY (Tables)

v2.4.0.6
SHAREHOLDERS' EQUITY (Tables)
 12 Months Ended
Dec. 31, 2012
SHAREHOLDERS' EQUITY  
Changes in shares of common stock, treasury stock and common stock held in trust for employee benefit plans

 

 

In millions
   Common
Stock		   Treasury
Stock		   Common Stock
Held in Trust		  

Balance at December 31, 2009

     222.0     20.7     3.0  

Shares acquired

     —     3.5     —  

Shares issued

     0.2     (0.2 )   —  

Employee benefits trust activity

     —     —     (0.9 )

Other shareholder transactions

     (0.4 )   —     —  
               

Balance at December 31, 2010

     221.8     24.0     2.1  
               

Shares acquired

     —     6.4     —  

Shares issued

     0.4     (0.2 )   —  

Employee benefits trust activity

     —     —     (0.3 )
               

Balance at December 31, 2011

     222.2     30.2     1.8  
               

Shares acquired

     —     2.6     —  

Shares issued

     0.4     (0.2 )   —  

Employee benefits trust activity

     —     —     (0.3 )

Other shareholder transactions

     (0.2 )   —     —  
               

Balance at December 31, 2012

     222.4     32.6     1.5  
               
Repurchases of common stock

 

 

In millions (except per share amounts)
For each quarter ended
  2012
Shares
Purchased		   Average Cost
Per Share		   Total Cost of
Repurchases		   Remaining
Authorized
Capacity		  

April 1

     0.1   $ 114.97   $ 8   $ 474  

July 1

     1.8     104.00     188     286  

September 30

     0.4     84.95     35     251  

December 31

     0.3     87.83     25     226  
                       

Total

     2.6     99.47   $ 256        
                       
Dividends per share paid to common shareholders

 

 

 
   Quarterly Dividends  
 
   2012   2011   2010  

First quarter

   $ 0.40   $ 0.2625   $ 0.175  

Second quarter

     0.40     0.2625     0.175  

Third quarter

     0.50     0.40     0.2625  

Fourth quarter

     0.50     0.40     0.2625  
               

Total

   $ 1.80   $ 1.325   $ 0.875  
               
Employee Benefits Trust

 

 

In millions
   2012   2011   2010  

EBT shares sold on open market

     —     —     0.7  

Proceeds from sale

   $ —   $ —   $ 58