Balance Sheet ($ in Millions) | Assets | 1998 | 1997 | Liabilities and Owners' Equity | 1998 | 1997 | Current Assets | | | Current Liabilities | | | Cash | 690 | 600 | Accounts Payable | 530 | 460 | Accounts Receivable | 340 | 300 | Notes Payable | 240 | 240 | Inventory | 120 | 100 | Total Current Liabilities | 770 | 700 | Total Current Assets | 1150 | 1000 | Long-Term Liabilities | | | | | | Long-Term Debt | 571 | 710 | Fixed Assets | | | Total Long-Term Liabilities | 571 | 710 | Property, Plant, and Equipment | 1210 | 1200 | Owners' Equity | | | Less Accumulated Depreciation | 357 | 280 | Common Stock ($1 Par) | 122 | 120 | Net Fixed Assests | 853 | 920 | Capital Surplus | 218 | 210 | | | | Retained Earnings | 322 | 180 | | | | Total Owners' Equity | 662 | 510 | Total Assets | 2003 | 1920 | Total Liab. and Owners' Equity | 2003 | 1920 |
| Income Statement ($ in Millions) | | 1998 | Sales | 1710 | Cost of Goods Sold | 1100 | Administrative Expenses | 100 | Depreciation | 77 | Earnings Before Interest and Taxes | 423 | Interest Expense | 50 | Taxable Income | 373 | Taxes | 30 | Net Income | 343 | Dividends | 201 | Addition to Retained Earnings | 142 |
|