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