Consolidated Statements of Changes in Stockholders’ Equity

Years ended December 31, 2017, 2016 and 2015 ($ in millions)

Common
stock

Additional
paid-in capital

Retained
earnings

Accu­mulated other compre­hensive loss

Treasury
stock

Total ABB stock­holders’ equity

Non-
controlling
interests

Total
stock­holders’
equity

Due to rounding, numbers presented may not add to the totals provided.

See accompanying Notes to the Consolidated Financial Statements.

Balance at January 1, 2015

1,725

52

19,939

(4,241)

(1,206)

16,269

546

16,815

Comprehensive income:

 

 

 

 

 

 

 

 

Net income

 

 

1,933

 

 

1,933

122

2,055

Foreign currency translation adjustments, net of tax

 

 

 

(1,033)

 

(1,033)

(25)

(1,058)

Effect of change in fair value of available-for-sale securities, net of tax

 

 

 

(6)

 

(6)

 

(6)

Unrecognized income (expense) related to pensions and other postretirement plans, net of tax

 

 

 

412

 

412

3

415

Change in derivatives qualifying as cash flow hedges, net of tax

 

 

 

10

 

10

 

10

Total comprehensive income

 

 

 

 

 

1,316

100

1,416

Changes in noncontrolling interests

 

(30)

(25)

 

 

(55)

(2)

(57)

Dividends to noncontrolling shareholders

 

 

 

 

 

(137)

(137)

Dividends paid to shareholders

 

 

(1,317)

 

 

(1,317)

 

(1,317)

Share-based payment arrangements

 

61

 

 

 

61

 

61

Reduction in nominal value of common shares paid to shareholders

(285)

(64)

(54)

 

 

(403)

 

(403)

Purchase of treasury stock

 

 

 

 

(1,501)

(1,501)

 

(1,501)

Delivery of shares

 

(19)

 

 

126

107

 

107

Call options

 

4

 

 

 

4

 

4

Balance at December 31, 2015

1,440

4

20,476

(4,858)

(2,581)

14,481

507

14,988

Comprehensive income:

 

 

 

 

 

 

 

 

Net income

 

 

1,899

 

 

1,899

135

2,034

Foreign currency translation adjustments, net of tax

 

 

 

(457)

 

(457)

(17)

(474)

Effect of change in fair value of available-for-sale securities, net of tax

 

 

 

 

 

Unrecognized income (expense) related to pensions and other postretirement plans, net of tax

 

 

 

118

 

118

 

118

Change in derivatives qualifying as cash flow hedges, net of tax

 

 

 

10

 

10

 

10

Total comprehensive income

 

 

 

 

 

1,570

118

1,688

Changes in noncontrolling interests

 

 

 

 

 

(1)

(1)

Dividends to noncontrolling shareholders

 

 

 

 

 

(122)

(122)

Share-based payment arrangements

 

54

 

 

 

54

 

54

Reduction in nominal value of common shares paid to shareholders

(1,239)

15

(402)

 

 

(1,626)

 

(1,626)

Cancellation of treasury shares

(9)

(31)

(2,007)

 

2,047

 

Purchase of treasury stock

 

 

 

 

(1,280)

(1,280)

 

(1,280)

Delivery of shares

 

(22)

(41)

 

255

192

 

192

Call options

 

4

 

 

 

4

 

4

Balance at December 31, 2016

192

24

19,925

(5,187)

(1,559)

13,395

502

13,897

Comprehensive income:

 

 

 

 

 

 

 

 

Net income

 

 

2,213

 

 

2,213

152

2,365

Foreign currency translation adjustments, net of tax

 

 

 

899

 

899

25

924

Effect of change in fair value of available-for-sale securities, net of tax

 

 

 

1

 

1

 

1

Unrecognized income (expense) related to pensions and other postretirement plans, net of tax

 

 

 

(71)

 

(71)

 

(71)

Change in derivatives qualifying as cash flow hedges, net of tax

 

 

 

13

 

13

 

13

Total comprehensive income

 

 

 

 

 

3,055

177

3,232

Changes in noncontrolling interests

 

17

 

 

 

17

(14)

3

Dividends to noncontrolling shareholders

 

 

 

 

 

(134)

(134)

Dividends paid to shareholders

 

 

(1,622)

 

 

(1,622)

 

(1,622)

Share-based payment arrangements

 

58

 

 

 

58

 

58

Cancellation of treasury shares

(4)

(27)

(922)

 

953

 

Purchase of treasury stock

 

 

 

 

(251)

(251)

 

(251)

Delivery of shares

 

(46)

 

 

209

163

 

163

Call options

 

4

 

 

 

4

 

4

Balance at December 31, 2017

188

29

19,594

(4,345)

(647)

14,819

530

15,349