Condensed Consolidated Statements of Equity and Comprehensive Income
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| Accmulated Other Comprehensive Income |
| |||||
| (In millions) | Common Stock/ Paid-in Capita |
Retained Earnings/ Members Equity |
Foreign Currency Translation Adjustments | Other | Noncontrolling Interests | Total |
| December 31, 2006 | $ — | $ 4,598 | $1,156 | $(115) | $ 340 | $ 5,979 |
| Net income | — | 957 | — | — | 70 | 1,027 |
| Other comprehensive income | | | | |||
| Foreign currency translation adjustments | — | — | 877 | — | 38 | 915 |
| Other, net | — | — | — | 12 | — | 12 |
| Total comprehensive income | | | | 1,954 | ||
| Conversion to Spectra Energy Corp | 4,598 | (4,598) | — | — | — | — |
| Transfer of net assets and liabilities | | | | |||
| from Duke Energy Corporation | 12 | — | — | (100) | — | (88) |
| Dividends on common stock | — | (558) | — | — | — | (558) |
| Spectra Energy Partners common unit issuance | — | (558) | — | — | — | (558) |
| Distributions to noncontrolling interests, net | — | (558) | — | — | — | (558) |
| Other, net | — | (558) | — | — | — | (558) |
| | | | | |||
| December 31, 2007 | 4,659 | 368 | 2,033 | (203) | 581 | 7,438 |
| Net income | — | 1,129 | — | — | 65 | 1,194 | Other comprehensive income | | | |
| Foreign currency translation adjustments | — | — | (1,152) | — | (2) | (1,154) |
| Other, net | — | — | — | (142) | — | (142) |
| Total comprehensive income (loss) | | | | (102) | ||
| Spectra Energy common stock repurchases | (600) | — | — | — | — | (600) |
| Dividends on common stock | — | (598) | — | — | — | (598) |
| Contributions from noncontrolling interests, net | — | — | — | — | 42 | 42 |
| Purchase of Spectra Energy Income Fund units | — | — | — | — | (208) | (208) |
| Other, net | 46 | — | — | — | (8) | 38 |
| | | | | |||
| December 31, 2008 | 4,105 | 899 | 881 | (345) | 470 | 6,010 |
| Net income | — | 848 | — | — | 75 | 923 | Other comprehensive income | | | |
| Foreign currency translation adjustments | — | — | 805 | — | 11 | 816 |
| Other, net | — | — | — | (13) | — | (13) |
| Total comprehensive income | | | | 1,726 | ||
| Dividends on common stock | — | (651) | — | — | — | (651) |
| Spectra Energy common stock issuance | 448 | — | — | — | — | 448 |
| Spectra Energy Partners common unit issuance | 25 | — | — | — | 168 | 193 |
| Distributions to noncontrolling interests, net | — | — | — | — | (172) | (172) |
| Other, net | 123 | — | — | — | (12) | 111 |
| December 31, 2009 | $4,701 | $ 1,096 | $1,686 | $(358) | $ 540 | $ 7,665 |
