|
|
Consolidated Statements of Preferred Stock
|
Number of Shares |
In Millions |
|||||
|
December 31 |
Series |
Optional Redemption Price |
1998 |
1997 |
1998 |
1997 |
|
|
||||||
|
Consumers' Preferred Stock |
||||||
|
Cumulative, $100 par value, authorized 7,500,000 shares, with no mandatory redemption |
$4.16 |
$103.25 |
68,451 |
68,451 |
$ 7 |
$ 7 |
|
4.50 |
110.00 |
373,148 |
373,148 |
37 |
37 |
|
|
Consumers' Class A Preferred Stock |
||||||
|
Cumulative, no par value, authorized 16,000,000 shares, with no mandatory redemption |
2.08 |
25.00(a) |
8,000,000 |
8,000,000 |
194 |
194 |
|
|
||||||
|
Total Preferred Stock |
$238 |
$238 |
||||
|
|
||||||
(a)
Redeemable beginning April 1, 1999.The accompanying notes are an integral part of these statements.
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