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Size and Strength: Corporate Profile Financial Highlights Letter
from the Chairman and CEO
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Fiscal Year Ended September 30 (in millions, except per share data)1 2003 2002
       
OPERATING RESULTS    
Revenue $ 4,711 $ 4,929
Operating income 255 294
Income before taxes on income 186 239
Diluted earnings per common share 0.75 0.99
Cash dividends per common share 0.16 0.16
       
FINANCIAL DATA    
Depreciation and amortization $ 112 $ 131
Capital expenditures 126 179
Working capital 425 468
Total assets 6,640 6,458
Total debt excluding finance subsidaries 430 613
Total debt of finance subsidiaries 3,009 2,808
Shareholders’ equity 1,635 1,535
       
AT YEAR-END    
Actual common shares outstanding 146 144
Common stock price per share $ 7.31 $ 7.88
       
1Reflects loss on extinguishment of debt and reversal of restructuring charges
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Board of Directors