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Capital Stock
12 Months Ended
Dec. 31, 2011
Capital Stock [Abstract]  
Capital Stock

NOTE 14 CAPITAL STOCK

The authorized capital stock at both December 31, 2011 and 2010, consisted of 990,850,000 shares of common stock, $1 par value; 400,000 shares of cumulative $4 preferred stock, without par value (stated value $100 per share);

and 8,750,000 shares of serial preferred stock, $1 par value. The serial preferred stock is issuable in one or more series by the Board of Directors without further shareholder action.

The following is a rollforward of shares of common stock for the three years ended December 31, 2011, 2010 and 2009:

 

     Common Stock  

In thousands

  Issued     Treasury  

Balance at January 1, 2009

    433,556        6,058   

Issuance of stock for various plans, net

    3,466        (3,484

Repurchase of stock

    0        1,288   
 

 

 

   

 

 

 

Balance at December 31, 2009

    437,022        3,862   

Issuance of stock for various plans, net

    1,849        (3,796

Repurchase of stock

    0        1,168   
 

 

 

   

 

 

 

Balance at December 31, 2010

    438,871        1,234   

Issuance of stock for various plans, net

    1        (326

Repurchase of stock

    0        1,013   
 

 

 

   

 

 

 

Balance at December 31, 2011

    438,872        1,921