Consolidated Statement of Changes in Equity*

($ million)Share capitalCapital reservesEarnings reservesCash flow hedge reserveCumulative translation adjustment reserveAvailable- for-sale financial assets reserveDefined benefit plans
remeasurement
reserve
Cumulative
share of OCI of entities consolidated under the equity method
Non- controlling interestsTotal
AT DECEMBER 31, 2012 2,565 581 3,131 (42) 111 - (247) 8 986 7,093
Capital increase - - - - - - - - 4 4
Dividends distributed - - (366) - - - - - (2) (368)
Purchase and sale of ownership interests in subsidiaries from/to non-controlling interests - (38) - - - - 2 - 64 28
Increase/(decrease) in the Reserve for share-based payments - 29 (8) - - - - - - 21
Total comprehensive income for the year - - 1,049 95 (495) - 68 (20) 147 844
Other changes - - 21 - - - - - 19 40
Presentation of the effects of the Merger:                    
Cancellation of Fiat Industrial
S.p.A. share capital and is- suance of CNH Industrial N.V. share capital
(2,541) 2,541 - - - - - - - -
Purchase of ownership interests in CNH Global N.V. from non-controlling interests 1 1 1,178 2 5 - (30) (10) (1,147) -
AT DECEMBER 31, 2013 25 3,114 5,005 55 (379) - (207) (22) 71 7,662
Capital increase - 18 - - - - - - - 18
Dividends distributed - - (375) - - - - - (7) (382)
Increase/(decrease) in the Reserve for share-based payments - 38 - - - - - - - 38
Total comprehensive income for the year - - 917 (152) (139) - (312) (45) (6) 263
Other changes - - (7) - - - - - (15) (22)
AT DECEMBER 31, 2014 25 3,170 5,540 (97) (518) - (519) (67) 43 7,577

(*) Amounts recast in order to refl ect the change in presentation currency from euro to U.S. dollar. Reference should be made to the section "Significant accounting policies", paragraph “Change in presentation currency”, for further details.