XML 38 R11.htm IDEA: XBRL DOCUMENT v2.4.0.8
Shareholders' Equity
 6 Months Ended
Jun. 30, 2014
Stockholders' Equity Note [Abstract]  
Stockholders' Equity
Shareholders’ Equity
The following tables summarize our shareholders’ equity activity:
Millions of dollars
Total shareholders' equity
Company shareholders' equity
Noncontrolling interest in consolidated subsidiaries
Balance at December 31, 2013
$
13,615

$
13,581

$
34

Shares repurchased
(500
)
(500
)
—

Stock plans
357

357

—

Payments of dividends to shareholders
(254
)
(254
)
—

Other
(26
)
(22
)
(4
)
Comprehensive income
1,395

1,400

(5
)
Balance at June 30, 2014
$
14,587

$
14,562

$
25

Millions of dollars
Total shareholders' equity
Company shareholders' equity
Noncontrolling interest in consolidated subsidiaries
Balance at December 31, 2012
$
15,790

$
15,765

$
25

Shares repurchased
(1,050
)
(1,050
)
—

Stock plans
244

244

—

Payments of dividends to shareholders
(231
)
(231
)
—

Other
(27
)
(24
)
(3
)
Comprehensive income
639

633

6

Balance at June 30, 2013
$
15,365

$
15,337

$
28



Our Board of Directors has authorized a program to repurchase our common stock from time to time. During the six
months ended June 30, 2014, under that program we repurchased approximately 8.9 million shares of our common stock for a total cost of$500 million. On July 15, 2014, our board of directors increased the authorization to repurchase our common stock by approximately $4.8 billion, to a new total remaining repurchase capacity of $6.0 billion. From the inception of this program in February 2006 through June 30, 2014, we repurchased approximately 197 million shares of our common stock for a total cost of approximately $8.1 billion.
    
Accumulated other comprehensive loss consisted of the following:
Millions of dollars
June 30,
2014
December 31,
2013
Defined benefit and other postretirement liability adjustments
$
(236
)
$
(241
)
Cumulative translation adjustments
(68
)
(69
)
Other
1

3

Total accumulated other comprehensive loss
$
(303
)
$
(307
)