Balance Sheet
ASSETS 2000 1999 1998 1997 1996
Cash and Short-Term Investments 111 158 128 129 70
Receivables 1,563 1,594 1,366 1,353 1,226
Inventories - Total 1,121 1,016 917 863 797
Other Current Assets 298 294 249 239 205
Total Current Assets 3,093 3,062 2,660 2,584 2,296
Property, Plant, and Equipment, Gross 7,089 6,859 6,739 6,758 6,688
Depreciation, Depletion, and Amortization
(Accumulated) 4,148 3,926 3,834 3,903 3,775
Property, Plant, and Equipment, Net 2,941 2,933 2,905 2,855 2,914
Intangibles 1,700 1,685 632 370 23
Other Assets 1,391 1,234 1,190 1,059 1,208
TOTAL ASSETS 9,125 8,914 7,387 6,868 6,441
LIABILITIES
Accounts Payable 764 755 630 646 602
Accrued Expense 606 649 634 564 504
Other Current Liabilities 12 26 11 8 15
Debt 2,971 2,790 1,718 1,701 1,482
Deferred Taxes 543 520 440 406 419
Minority Interest 128 98 87 82 76
Other Liabilities 1,004 970 987 952 861
EQUITY
Common Stock 484 484 484 484 484
Capital Surplus 102 104 105 99 97
Retained Earnings 6,019 5,786 5,489 4,916 4,569
Less: Treasury Stock - Total Dollar Amount 3,508 3,268 3,198 2,990 2,667
Total stockholders equity 3,097 3,106 2,880 2,509 2,483
TOTAL LIABILITIES AND EQUITY 9,125 8,914 7,387 6,868 6,441
COMMON SHARES OUTSTANDING (million) 168 174 175 178 183
Profit & Loss Statement
2000 1999 1998 1997 1996
Sales 8,629 7,757 7,510 7,379 7,218
Cost of Goods Sold 5,334 4,696 4,476 4,397 4,340
Selling, General, and Administrative Expense 1,646 1,514 1,404 1,318 1,243
Operating Income Before Depreciation 1,649 1,547 1,630 1,664 1,634
Depreciation and Amortization 447 415 354 348 340
Interest Expense 193 142 119 115 108
Nonoperating Income (Expense) and Special Items 8 -17 137 -26 .
Pretax Income 1,017 973 1,294 1,175 1,240
Income Taxes - Total 369 377 466 435 471
Minority Interest 28 28 27 26 25
Income Before Extraordinary Items 620 568 801 714 744
Extraordinary Items and Discontinued Operations 0 0 0 0 0
Net Income (Loss) 620 568 801 714 744
Cash Dividends 276 264 252 239 237
Retained 344 304 549 475 507
Dividends per share 1.60 1.52 1.42 1.33 1.26
Earnings Per Share (Primary) - Excluding Extraordinary
Items 3.6 3.27 4.52 3.97 3.96
Earnings Per Share (Primary) - Including Extraordinary
Items 3.6 3.27 4.52 3.97 3.96
Common Shares Used to Calculate Primary EPS 172.3 173.8 177 179.8 187.8
Earnings Per Share (Fully Diluted) - Excluding
Extraordinary Items 3.57 3.23 4.48 3.94 3.92
Earnings Per Share (Fully Diluted) - Including
Extraordinary Items 3.57 3.23 4.48 3.94 3.92
1995 1994 1993 1992 1991
106 62 112 61 38
1,245 1,229 997 1,023 1,058
738 686 683 742 875
187 191 234 124 203
2,276 2,168 2,026 1,951 2,173
6,464 6,163 6,042 6,158 6,212
3,629 3,420 3,255 3,186 3,029
2,835 2,742 2,787 2,972 3,183
0 0 0 0 0
1,084 983 838 739 700
6,194 5,894 5,652 5,662 6,056
583 518 436 447 520
520 481 423 323 348
41 55 67 48 62
1,221 1,144 1,129 1,307 1,574
355 303 269 472 476
68 70 52 60 76
837 766 803 306 347
484 484 242 242 242
81 68 298 233 230
4,063 3,494 3,158 3,424 3,369
2,060 1,489 1,225 1,200 1,186
2,569 2,557 2,473 2,699 2,655
6,194 5,894 5,652 5,662 6,056
194 207 107 106 106
1995 1994 1993 1992 1991 1990
7,058 6,331 5,754 5,814 5,673 5,889
4,212 3,866 3,633 3,695 3,676 .
1,214 1,137 1,073 1,083 1,079 1,079
1,632 1,329 1,048 1,036 918 .
332 318 331 352 351 .
93 91 109 148 169 .
. -64 -63 . -44 .
1,262 856 544 542 354 353
480 325 236 218 147 147
15 16 13 4 5 5
768 515 295 319 201 201
0 0 -273 0 75 75
767.6 514.6 22.2 319.4 276.2 276
239 238 221 200 183
529 277 -199 120 94
1.18 1.12 1.04 0.94 0.86 0
3.8 2.43 2.78 3.01 1.9 0.95
3.8 2.43 0.21 3.01 2.6 1.3
202 211.9 106.3 106.1 106.2 212.4
3.76 2.41 2.75 2.99 . 0.94
3.76 2.41 0.21 2.99 2.59 1.29
