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Spectra Energy 2011 Annual Report

2011 Annual Report

Condensed Consolidated Statements of Equity and Comprehensive Income


      Accmulated Other
Comprehensive Income
   
(In millions) Common
Stock/
Paid-in
Capita
Retained
Earnings
Foreign Currency Translation Adjustments Other Noncontrolling Interests Total
December 31, 2008 $4,050 $  890 $  886 $(360) $  470 $5,936
Net income 849 75 924
Other comprehensive income            
   Foreign currency translation adjustments 796 11 807
   Other, net (15) (15)
Total comprehensive income           1,716
Dividends on common stock (651) (651)
Spectra Energy common stock issued 448 448
Spectra Energy Partners LP common units issued 25 168 193
Distributions to noncontrolling interests (174) (174)
Other, net 123 (10) 113
December 31, 2009 4,646 1,088 1,682 (375) 540 7,581
Net income 1,049 80 1,129
Other comprehensive income            
   Foreign currency translation adjustments 328 16 344
   Other, net (34) (34)
Total comprehensive income 1,439
Dividends on common stock (650) (650)
Spectra Energy Partners LP common units issued 50 140 190
Distributions to noncontrolling interests (73) (73)
Other, net 31 (6) (25)
December 31, 2010 4,727 1,487 2,010 (415) 678 8,487
Net income 1,184 98 1,282
Other comprehensive income            
   Foreign currency translation adjustments (178) (3) (181)
   Other, net (144) 5 (139)
Total comprehensive income           962
Dividends on common stock (694) (694)
Spectra Energy common stock issued 32 32
Spectra Energy Partners LP common units issued 38 154 192
Distributions to noncontrolling interests (101) (101)
Other, net 18 18
December 31, 2011 $4,815 $1,977 $1,832 $(559) $831 $8,896