v2.4.0.6
Redeemable Noncontrolling Interests and Total Equity (Tables)
 12 Months Ended
Dec. 31, 2012
Total Equity  
Changes in Redeemable Noncontrolling Interest
   
Beginning balance at January 1, 2012$ —
 Reclassification from nonredeemable noncontrolling interests  4,288
 Net income applicable to redeemable noncontrolling interests  124
 Foreign currency translation adjustments  (2)
 Distributions  (97)
 Other  (4)
    
Ending balance at December 31, 2012$ 4,309
Changes in Shares of Common Stock Outstanding
   2012 2011 2010
       
Shares outstanding at beginning of period  1,927  1,512  1,361
Public offerings and other issuances of common stock  —  385  116
Net impact of stock option exercises and other share issuances  60  41  46
Treasury stock purchases(1)  (13)  (11)  (11)
       
Shares outstanding at end of period  1,974  1,927  1,512

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(1)       Treasury stock purchases include repurchases of common stock for employee tax withholding.

 
Preferred Stock Outstanding
         Carrying Value
Series Dividend Rate (Annual) Shares Outstanding at December 31, 2012 Liquidation Preference per Share At December 31, 2012 At December 31, 2011
         (dollars in millions)
A N/A  44,000$ 25,000$ 1,100$ 1,100
C  10.0%  519,882  1,000  408  408
            
 Total      $ 1,508$ 1,508

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N/A—Not Available.

 
Components of Accumulated Other Comprehensive Income (Loss)
   At At
   December 31, December 31,
   2012 2011
   (dollars in millions)
      
Foreign currency translation adjustments, net of tax$ (123)$ 5
Amortization expense related to terminated cash flow hedges, net of tax  (5)  (11)
Pension, postretirement and other related adjustments, net of tax  (539)  (274)
Net unrealized gain on securities available for sale, net of tax  151  123
     
Accumulated other comprehensive loss, net of tax$ (516)$ (157)
Cumulative Foreign Currency Translation Adjustments, Net of Tax
   At At
   December 31, December 31,
   2012 2011
      
   (dollars in millions)
Net investments in non-U.S. dollar functional currency subsidiaries subject to hedges$ 13,811$ 12,325
Cumulative foreign currency translation adjustments resulting from net     
 investments in subsidiaries with a non-U.S. dollar functional currency$ 348$ 581
Cumulative foreign currency translation adjustments resulting from realized     
 or unrealized losses on hedges, net of tax(1)  (471)  (576)
Total cumulative foreign currency translation adjustments, net of tax$ (123)$ 5

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(1) A gain of $77 million, net of tax, related to net investment hedges was reclassified from other comprehensive income into income during 2012. The amount primarily related to the reversal of amounts recorded in cumulative other comprehensive income due to the incorrect application of hedge accounting on certain derivative contracts (see Note 12 for further information).