XML 53 R6.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Statement of Equity (Unaudited) (USD $)
In Millions
Total
TWC Shareholders' Equity
Noncontrolling Interests
Balance at beginning of period at Dec. 31, 2009 $ 8,689 $ 8,685 $ 4
Net income 557 556 1
Change in pension benefit obligation, net of $17 million tax effect in 2010 and $(1) million tax effect in 2011 26 26 0
Comprehensive income 583 582 1
Equity-based compensation expense 61 61 0
Shares issued upon exercise of stock options 83 83 0
Cash dividends declared ($0.80 per common share in 2010 and $0.96 per common share in 2011) (288) (288) 0
Other changes [1] 48 49 (1)
Balance at end of period at Jun. 30, 2010 9,176 9,172 4
Balance at beginning of period at Dec. 31, 2010 9,217 9,210 7
Net income 747 745 2
Change in losses on derivative financial instruments, net of $(15) million tax effect (24) (24) 0
Change in pension benefit obligation, net of $17 million tax effect in 2010 and $(1) million tax effect in 2011 (2) (2) 0
Comprehensive income 721 719 2
Equity-based compensation expense 65 65 0
Shares issued upon exercise of stock options 98 98 0
Repurchase and retirement of common stock (1,693) (1,693) 0
Cash dividends declared ($0.80 per common share in 2010 and $0.96 per common share in 2011) (330) (330) 0
Other changes (29) (28) (1)
Balance at end of period at Jun. 30, 2011 $ 8,049 $ 8,041 $ 8
[1] Amount primarily represents the true-up of TWC's deferred income tax asset associated with vested Time Warner Inc. stock options.