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Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2012
Equity [Abstract]  
Components Of Stockholders' Equity
 
 
 
 
Stockholders'  Equity
Attributable to
 
 
(Millions of dollars)
 
Comprehensive
Income
 
The
Corporation
 
Noncontrolling
Interests
 
Redeemable
Securities
 of
Subsidiaries
 
 
 
 
 
 
 
 
 
Balance at December 31, 2011
 
 
 
$
5,249

 
$
280

 
$
547

Comprehensive Income:
 
 
 
 
 
 
 
 
Net income
 
$
1,542

 
1,483

 
36

 
23

Other comprehensive income, net of tax:
 
 
 
 
 
 
 
 
Unrealized translation
 
133

 
124

 
9

 

Employee postretirement benefits
 
(46
)
 
(48
)
 
2

 

Other
 
(10
)
 
(10
)
 

 

Total Comprehensive Income
 
$
1,619

 
 
 
 
 
 
Stock-based awards
 
 
 
516

 

 

Income tax benefits on stock-based compensation
 
 
 
39

 

 

Shares repurchased
 
 
 
(1,006
)
 

 

Recognition of stock-based compensation
 
 
 
57

 

 

Dividends declared
 
 
 
(874
)
 
(20
)
 

Other
 
 
 
5

 
(2
)
 
(2
)
Return on redeemable securities of subsidiaries and noncontrolling interests
 
 
 

 
(1
)
 
(21
)
Balance at September 30, 2012
 
 
 
$
5,535

 
$
304

 
$
547

The change in net unrealized currency translation adjustments for the nine months ended September 30, 2012 was due to a weakening of the U.S. dollar against most foreign currencies.
In the nine months ended September 30, 2012, we repurchased 12.7 million shares at a total cost of $980 million.
 
 
 
 
Stockholders' Equity
Attributable to
 
 
(Millions of dollars)
 
Comprehensive
Income
 
The
Corporation
 
Noncontrolling
Interests
 
Redeemable
Securities
of
Subsidiaries
 
 
 
 
 
 
 
 
 
Balance at December 31, 2010
 
 
 
$
5,917

 
$
285

 
$
1,047

Comprehensive Income:
 
 
 
 
 
 
 
 
Net income
 
$
1,262

 
1,190

 
30

 
42

Other comprehensive income, net of tax:
 
 
 
 
 
 
 
 
Unrealized translation
 
(224
)
 
(209
)
 
(15
)
 

Employee postretirement benefits
 
45

 
44

 
1

 

Other
 
(36
)
 
(36
)
 

 

Total Comprehensive Income
 
$
1,047

 
 
 
 
 
 
Stock-based awards
 
 
 
306

 

 

Income tax benefits on stock-based compensation
 
 
 
7

 

 

Shares repurchased
 
 
 
(1,246
)
 

 

Recognition of stock-based compensation
 
 
 
37

 

 

Dividends declared
 
 
 
(830
)
 
(17
)
 
(1
)
Other
 
 
 
(1
)
 
1

 
(1
)
Return on redeemable securities of subsidiaries and noncontrolling interests
 
 
 

 
(1
)
 
(40
)
Balance at September 30, 2011
 
 
 
$
5,179

 
$
284

 
$
1,047