| Millions of dollars |
Common Shares |
Paid-in Capital in Excess of Par Value |
Treasury Stock |
Deferred Compensation |
Retained Earnings |
Accumulated Other Comprehensive Income |
Total |
| Common |
Preferred |
Currency Translation |
Other |
| Balance at December 31, 2005 |
$ 2,634 |
$ 1,501 |
$ (374) |
|
$ (98) |
$ 2,975 |
$ (266) |
|
$ 6,372 |
| Cash dividends paid |
|
|
|
|
|
(306) |
|
|
(306) |
| Stock plan |
16 |
116 |
136 |
|
|
|
|
|
268 |
| Common shares purchased |
|
|
(1,339) |
|
|
|
|
|
(1,339) |
| Tax benefit from exercise of options and restricted stock |
|
53 |
|
|
|
|
|
|
53 |
| Total dividends and other transactions with shareholders |
16 |
169 |
(1,203) |
|
|
(306) |
|
|
(1,324) |
| Sale of stock by a subsidiary |
|
117 |
|
|
|
|
|
|
117 |
| Reclassification of deferred compensation |
|
(98) |
|
|
98 |
|
|
|
|
| Adoption of SFAS No. 158, net of tax benefit |
|
|
|
|
|
|
(218) |
|
(218) |
| Other |
|
|
|
|
|
34 |
|
|
34 |
| Comprehensive income (loss): |
|
|
|
|
|
|
|
|
|
| Net income |
|
|
|
|
|
2,348 |
|
|
2,348 |
| Other comprehensive income: |
|
|
|
|
|
|
|
|
|
| Cumulative translation adjustment |
|
|
|
|
|
|
48 |
|
48 |
| Realization of translation gains included in net income |
|
|
|
|
|
|
(14) |
|
(14) |
| Defined benefit and other postretirement plans adjustments, net of tax benefit of $16 |
|
|
|
|
|
|
|
2 |
2 |
| Net unrealized gains on investments and derivatives, net of tax provision of $7 |
|
|
|
|
|
|
|
12 |
12 |
| Realization of gains on investments and derivatives, net of tax provision of $0 |
|
|
|
|
|
|
|
(1) |
(1) |
| Total comprehensive income |
|
|
|
|
|
2,348 |
34 |
13 |
2,395 |
| Balance at December 31, 2006 |
$ 2,650 |
$ 1,689 |
$ (1,577) |
|
$ - |
$ 5,051 |
$ (437) |
$ 13 |
$ 7,376 |