|
|
|
|
|
| $ millions |
2005 |
2004 |
Change |
FOR THE YEAR |
|
|
|
|
| Sales |
$8,144 |
$7,411 |
10% |
|
| Operating income |
1,003 |
880 |
14% |
|
| Net income |
712 |
604 |
18% |
|
| Capital expenditures |
1,043 |
816 |
28% |
|
| Operating return on net assets* |
10.3% |
9.5% |
|
|
| Return on average shareholders' equity |
15.3% |
14.7% |
|
|
PER SHARE DOLLARS |
|
|
|
|
| Basic earnings |
$3.15 |
$2.70 |
17% |
|
| Diluted earnings |
3.08 |
2.64 |
17% |
|
| Dividends |
1.25 |
1.04 |
20% |
|
| Book value |
20.62 |
19.68 |
5% |
|
AT YEAR END |
|
|
|
|
| Shareholders' equity |
$4,576 |
$4,444 |
|
|
| Shares outstanding |
222 |
226 |
|
|
| Shareholders |
10,300 |
10,700 |
|
|
| Employees |
20,200 |
19,900 |
|
|
*Operating income dividend by five-quarter average of total assets less investments in equity affiliates.
|
|
 
|
|
