|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (Dollars in millions except per share amounts) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| For The Year: |
2005 |
|
2004 |
|
2003 |
|
2002 |
|
2001 |
|
| Revenue |
$ |
91,134 |
|
$ |
96,293 |
|
$ |
89,131 |
|
$ |
81,186 |
|
$ |
83,067 |
|
| Income from continuing operations |
$ |
7,994 |
|
$ |
7,497 |
|
$ |
6,588 |
|
$ |
4,156 |
|
$ |
6,931 |
|
| Loss from discontinued operations |
|
(24 |
) |
|
(18 |
) |
|
(30 |
) |
|
(1,780 |
) |
|
(447 |
) |
| Income before cumulative effect of change in accounting principle |
|
7,970 |
|
|
7,479 |
|
|
6,558 |
|
|
2,376 |
|
|
6,484 |
|
| Cumulative effect of change in accounting principle** |
|
(36 |
) |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
| Net income |
$ |
7,934 |
|
$ |
7,479 |
|
$ |
6,558 |
|
$ |
2,376 |
|
$ |
6,484 |
|
| Earnings/(loss) per share of common stock: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Assuming dilution: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Continuing operations |
$ |
4.91 |
|
$ |
4.39 |
|
$ |
3.76 |
|
$ |
2.43 |
|
$ |
3.94 |
|
| Discontinued operations |
|
(0.01 |
) |
|
(0.01 |
) |
|
(0.02 |
) |
|
(1.04 |
) |
|
(0.25 |
) |
| Before cumulative effect of change in accounting principle |
|
4.90 |
|
|
4.38 |
|
|
3.74 |
|
|
1.39 |
|
|
3.69 |
|
| Cumulative effect of change in accounting principle** |
|
(0.02 |
) |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
| Total |
$ |
4.87 |
* |
$ |
4.38 |
|
$ |
3.74 |
|
$ |
1.39 |
|
$ |
3.69 |
|
| Basic: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Continuing operations |
$ |
4.99 |
|
$ |
4.48 |
|
$ |
3.83 |
|
$ |
2.44 |
|
$ |
3.99 |
|
| Discontinued operations |
|
(0.02 |
) |
|
(0.01 |
) |
|
(0.02 |
) |
|
(1.05 |
) |
|
(0.26 |
) |
| Before cumulative effect of change in accounting principle |
|
4.98 |
* |
|
4.47 |
|
|
3.81 |
|
|
1.40 |
* |
|
3.74 |
* |
| Cumulative effect of change in accounting principle** |
|
(0.02 |
) |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
| Total |
$ |
4.96 |
|
$ |
4.47 |
|
$ |
3.81 |
|
$ |
1.40 |
|
$ |
3.74 |
|
| Cash dividends paid on common stock |
$ |
1,250 |
|
$ |
1,174 |
|
$ |
1,085 |
|
$ |
1,005 |
|
$ |
956 |
|
| Per share of common stock |
|
0.78 |
|
|
0.70 |
|
|
0.63 |
|
|
0.59 |
|
|
0.55 |
|
| Investment in plant, rental machines and other property |
$ |
3,842 |
|
$ |
4,368 |
|
$ |
4,398 |
|
$ |
5,022 |
|
$ |
5,660 |
|
| Return on stockholders’ equity |
|
24.5 |
% |
|
24.4 |
% |
|
24.5 |
% |
|
9.8 |
% |
|
28.5 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| At End Of Year: |
|
2005 |
|
|
2004 |
|
|
2003 |
|
|
2002 |
|
|
2001 |
|
| Total assets |
$ |
105,748 |
|
$ |
111,003 |
|
$ |
106,021 |
|
$ |
97,814 |
|
$ |
91,207 |
|
| Net investment in plant, rental machines and other property |
|
13,756 |
|
|
15,175 |
|
|
14,689 |
|
|
14,440 |
|
|
16,504 |
|
| Working capital |
|
10,509 |
|
|
7,357 |
|
|
7,205 |
|
|
6,927 |
|
|
7,483 |
|
| Total debt |
|
22,641 |
|
|
22,927 |
|
|
23,632 |
|
|
26,017 |
|
|
27,151 |
|
| Stockholders’ equity |
|
33,098 |
|
|
31,688 |
|
|
29,531 |
|
|
24,112 |
|
|
24,352 |
|
|
