| | <table> |
| | <tr> |
| | <th></th> |
| | <th colspan="5">Year Ended December 31</th> |
| | </tr> |
| | <tr> |
| | <th></th> |
| | <th>2008</th> |
| | <th>2007</th> |
| | <th>2006</th> |
| | <th>2005</th> |
| | <th>2004</th> |
| | </tr> |
| |
|
| | <tr> |
| | <td>Total revenue</td> |
| | <td>$ 18,279</td> |
| | <td>$ 15,264</td> |
| | <td>$ 12,955</td> |
| | <td>$ 10,100</td> |
| | <td>$ 7,998</td> |
| | </tr> |
| | <tr> |
| | <td>Total operating income</td> |
| | <td>4,010</td> |
| | <td>3,498</td> |
| | <td>3,245</td> |
| | <td>2,164</td> |
| | <td>1,179</td> |
| | </tr> |
| | <tr> |
| | <td>Nonoperating expense, net</td> |
| | <td>(847)</td> |
| | <td>(38)</td> |
| | <td>(46)</td> |
| | <td>(167)</td> |
| | <td>(189)</td> |
| | </tr> |
| | <tr> |
| | <td>Income from continuing operations before income taxes and minority interest</td> |
| | <td>3,163</td> |
| | <td>3,460</td> |
| | <td>3,199</td> |
| | <td>1,997</td> |
| | <td>990</td> |
| | </tr> |
| | <tr> |
| | <td>(Provision) benefit for income taxes</td> |
| | <td>(1,211)</td> |
| | <td>(907)</td> |
| | <td>(1,003)</td> |
| | <td>125</td> |
| | <td>(322)</td> |
| | </tr> |
| | <tr> |
| | <td>Minority interest in net (income) loss of consolidated subsidiaries</td> |
| | <td>9</td> |
| | <td>(29)</td> |
| | <td>(49)</td> |
| | <td>(15)</td> |
| | <td>3</td> |
| | </tr> |
| | <tr> |
| | <td>Income from continuing operations</td> |
| | <td>$ 1,961</td> |
| | <td>$ 2,524</td> |
| | <td>$ 2,177</td> |
| | <td>$ 2,107</td> |
| | <td>$ 671</td> |
| | </tr> |
| | <tr> |
| | <td>Income (loss) from discontinued operations</td> |
| | <td>$ (423)</td> |
| | <td>$ 975</td> |
| | <td>$ 171</td> |
| | <td>$ 251</td> |
| | <td>$ (1,650)</td> |
| | </tr> |
| | <tr> |
| | <td>Net income (loss)</td> |
| | <td>$ 1,538</td> |
| | <td>$ 3,499</td> |
| | <td>$ 2,348</td> |
| | <td>$ 2,358</td> |
| | <td>$ (979)</td> |
| | </tr> |
| |
|
| | <tr> |
| | <td>Basic income (loss) per share:</td> |
| | <td></td><td></td><td></td><td></td><td></td> |
| | </tr> |
| | <tr> |
| | <td> Continuing operations</td> |
| | <td>$ 2.24</td> |
| | <td>$ 2.76</td> |
| | <td>$ 2.15</td> |
| | <td>$ 2.09</td> |
| | <td>$ 0.77</td> |
| | </tr> |
| | <tr> |
| | <td> Net income (loss)</td> |
| | <td>1.75</td> |
| | <td>3.83</td> |
| | <td>2.31</td> |
| | <td>2.34</td> |
| | <td>(1.11)</td> |
| | </tr> |
| |
|
| | <tr> |
| | <td>Diluted income (loss) per share:</td> |
| | <td></td><td></td><td></td><td></td><td></td> |
| | </tr> |
| | <tr> |
| | <td> Continuing operations</td> |
| | <td>2.17</td> |
| | <td>2.66</td> |
| | <td>2.07</td> |
| | <td>2.03</td> |
| | <td>0.76</td> |
| | </tr> |
| | <tr> |
| | <td> Net income (loss)</td> |
| | <td>1.70</td> |
| | <td>3.68</td> |
| | <td>2.23</td> |
| | <td>2.27</td> |
| | <td>(1.11)</td> |
| | </tr> |
| |
|
| | <tr> |
| | <td>Cash dividends per share</td> |
| | <td>0.36</td> |
| | <td>0.35</td> |
| | <td>0.30</td> |
| | <td>0.25</td> |
| | <td>0.25</td> |
| | </tr> |
| | <tr> |
| | <td>Return on average shareholders' equity</td> |
| | <td>21.80%</td> |
| | <td>49.14%</td> |
| | <td>34.16%</td> |
| | <td>45.76%</td> |
| | <td>30.22%</td> |
| | </tr> |
| |
|
| | <tr> |
| | <td>Financial position:</td> |
| | <td></td><td></td><td></td><td></td><td></td> |
| | </tr> |
| | <tr> |
| | <td>Net working capital</td> |
| | <td>$ 4,630</td> |
| | <td>$ 5,162</td> |
| | <td>$ 6,456</td> |
| | <td>$ 4,959</td> |
| | <td>$ 2,898</td> |
| | </tr> |
| | <tr> |
| | <td>Total assets</td> |
| | <td>14,385</td> |
| | <td>13,135</td> |
| | <td>16,860</td> |
| | <td>15,073</td> |
| | <td>15,883</td> |
| | </tr> |
| | <tr> |
| | <td>Property, plant, and equipment, net</td> |
| | <td>4,782</td> |
| | <td>3,630</td> |
| | <td>2,557</td> |
| | <td>2,203</td> |
| | <td>2,075</td> |
| | </tr> |
| | <tr> |
| | <td>Long-term debt (including current maturities)</td> |
| | <td>2,612</td> |
| | <td>2,786</td> |
| | <td>2,809</td> |
| | <td>3,139</td> |
| | <td>3,879</td> |
| | </tr> |
| | <tr> |
| | <td>Shareholders' equity</td> |
| | <td>7,725</td> |
| | <td>8,666</td> |
| | <td>7,376</td> |
| | <td>6,372</td> |
| | <td>3,932</td> |
| | </tr> |
| | <tr> |
| | <td>Total capitalization</td> |
| | <td>10,350</td> |
| | <td>9,663</td> |
| | <td>10,187</td> |
| | <td>9,525</td> |
| | <td>7,818</td> |
| | </tr> |
| |
|
| | <tr> |
| | <td>Basic weighted average common shares outstanding</td> |
| | <td>877</td> |
| | <td>913</td> |
| | <td>1,014</td> |
| | <td>1,010</td> |
| | <td>874</td> |
| | </tr> |
| | <tr> |
| | <td>Diluted weighted average common shares outstanding</td> |
| | <td>904</td> |
| | <td>950</td> |
| | <td>1,054</td> |
| | <td>1,038</td> |
| | <td>882</td> |
| | </tr> |
| |
|
| | <tr> |
| | <td>Other financial data:</td> |
| | <td></td><td></td><td></td><td></td><td></td> |
| | </tr> |
| | <tr> |
| | <td>Capital expenditures</td> |
| | <td>$ 1,824</td> |
| | <td>$ 1,583</td> |
| | <td>$ 834</td> |
| | <td>$ 575</td> |
| | <td>$ 498</td> |
| | </tr> |
| | <tr> |
| | <td>Long-term borrowings (repayments), net</td> |
| | <td>(861)</td> |
| | <td>(7)</td> |
| | <td>(324)</td> |
| | <td>(779)</td> |
| | <td>493</td> |
| | </tr> |
| | <tr> |
| | <td>Depreciation, depletion, and amortization expense</td> |
| | <td>738</td> |
| | <td>583</td> |
| | <td>480</td> |
| | <td>448</td> |
| | <td>456</td> |
| | </tr> |
| | <tr> |
| | <td>Payroll and employee benefits</td> |
| | <td>5,264</td> |
| | <td>4,585</td> |
| | <td>3,853</td> |
| | <td>3,211</td> |
| | <td>2,823</td> |
| | </tr> |
| | <tr> |
| | <td>Number of employees</td> |
| | <td>57,000</td> |
| | <td>51,000</td> |
| | <td>45,000</td> |
| | <td>39,000</td> |
| | <td>36,000</td> |
| | </tr> |
| | </table> |
