Form 10 k (Mark One) X annual report pursuant to section 13 or 15(d) of the securities exchange act of 1934 For the fiscal year ended December 31, 2004

 

Consolidated Statement of Shareholders' Equity
In millions
											Accumulated
	Total					Capital in					other
	shareholders'			Common stock		excess of			Retained		comprehensive			Comprehensive
	equity			Amount	Shares	par value			earnings		(loss) income			(loss) income
Balance at December 31, 2001		$     3,916.6		$ 168.0	168.0		$ 324.2		$ 3,745.8			$ (321.4)
Net loss		(173.5)							(173.5)						$  (173.5)
Foreign currency translation		124.3										124.3			124.3
Change in fair value of derivatives qualifying
as cash flow hedges, net of tax of $0.2		1.2										1.2			1.2
Minimum pension liability adjustment, net of tax of $175.3		(317.2)										(317.2)			(317.2)
Total comprehensive loss															$  (365.2)
Shares issued under incentive stock plans		41.7		1.2	1.2		40.5
Cash dividends		(114.9)							(114.9)
Balance at December 31, 2002		3,478.2		169.2	169.2		364.7		3,457.4			(513.1)
Net earnings		644.5							644.5						$    644.5
Foreign currency translation		302.9										302.9			302.9
Change in fair value of derivatives qualifying
as cash flow hedges, net of tax of $3.2		(18.1)										(18.1)			(18.1)
Minimum pension liability adjustment, net of tax of $24.4		(42.2)										(42.2)			(42.2)
Total comprehensive income															$    887.1
Shares issued under incentive stock plans		251.2		5.3	5.3		245.9
Cash dividends		(123.2)							(123.2)
Balance at December 31, 2003		4,493.3		174.5	174.5		610.6		3,978.7			(270.5)
Net earnings		1,218.7							1,218.7						$ 1,218.7
Foreign currency translation		168.7										168.7			168.7
Change in fair value of derivatives qualifying
as cash flow hedges, net of tax of $0.4		3.1										3.1			3.1
Minimum pension liability adjustment, net of tax of $103.7		161.5										161.5			161.5
Total comprehensive income															$ 1,552.0
Shares issued under incentive stock plans		213.5		3.9	3.9		209.6
Repurchase of common shares by subsidary		(355.9)		(5.3)	(5.3)		(350.6)
Change in fiscal year end of subsidiary, net of tax of $7.3		(16.5)							(16.5)
Cash dividends		(152.6)							(152.6)
Balance at December 31, 2004		$     5,733.8		$ 173.1	173.1		$ 469.6		$ 5,028.3			$    62.8
See accompanying Notes to Consolidated Financial Statements.