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EQUITY
3 Months Ended
Sep. 30, 2012
EQUITY  
EQUITY

NOTE 11 — EQUITY

 

 

 

Total Stockholders’ Equity — The Estée Lauder Companies Inc.

 

Non-

 

 

 

(In millions)

 

Common
Stock

 

Paid-in
Capital

 

Retained
Earnings

 

AOCI

 

Treasury
Stock

 

Total

 

controlling
Interests

 

Total
Equity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance — June 30, 2012

 

$

5.5

 

$

2,006.1

 

$

4,764.9

 

$

(212.9

)

$

(3,830.4

)

$

2,733.2

 

$

14.3

 

$

2,747.5

 

Net earnings

 

 

 

299.5

 

 

 

299.5

 

0.1

 

299.6

 

Other comprehensive income

 

 

 

 

68.5

 

 

68.5

 

0.9

 

69.4

 

Acquisition of treasury stock

 

 

 

 

 

(149.8

)

(149.8

)

 

(149.8

)

Stock-based compensation

 

 

89.3

 

 

 

(15.5

)

73.8

 

 

73.8

 

Balance — September 30, 2012

 

$

5.5

 

$

2,095.4

 

$

5,064.4

 

$

(144.4

)

$

(3,995.7

)

$

3,025.2

 

$

15.3

 

$

3,040.5

 

 

On November 1, 2012, the Company’s Board of Directors declared a dividend in the amount of $.72 per share on the Company’s Class A and Class B Common Stock.  The dividend is payable in cash on December 17, 2012 to stockholders of record at the close of business on November 30, 2012.  The Company plans on transitioning to a quarterly dividend payout schedule for its Class A and Class B Common Stock beginning in calendar year 2013.

 

Common Stock

 

During the three months ended September 30, 2012, the Company purchased approximately 3.0 million shares of its Class A Common Stock for $165.4 million.

 

On November 1, 2012, the Company’s Board of Directors authorized the repurchase of up to another 40.0 million shares of Class A Common Stock.