Notes to Consolidated Financial Statements
For the Years Ended December 31, 1998, 1997 and 1996 |
 |
18. Quarterly Financial Data (Unaudited)
| Components of Net Periodic Pension Costs |
|
|
| (in millions, except per share data) |
First Quarter |
Second Quarter |
Third Quarter |
Fourth Quarter |
Total |
|
| 1998 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Operating revenues |
$ |
4,115 |
|
$ |
4,014 |
|
$ |
5,298 |
|
$ |
4,183 |
|
$ |
17,610 |
|
| Operating income |
|
608 |
|
|
549 |
|
|
826 |
|
|
450 |
|
|
2,433 |
|
| EBIT |
|
678 |
|
|
582 |
|
|
871 |
|
|
516 |
|
|
2,647 |
|
| Income before extraordinary item |
|
328 |
|
|
279 |
|
|
429 |
|
|
224 |
|
|
1,260 |
|
| Net Income |
|
320 |
|
|
279 |
|
|
429 |
|
|
224 |
|
|
1,252 |
|
| Earnings per share (before extraordinary item) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic |
$ |
0.89 |
|
$ |
0.76 |
|
$ |
1.18 |
|
$ |
0.60 |
|
$ |
3.43 |
|
| Dilutive |
$ |
0.89 |
|
$ |
0.76 |
|
$ |
1.17 |
|
$ |
0.60 |
|
$ |
3.42 |
|
| Earnings per share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic |
$ |
0.87 |
|
$ |
0.76 |
|
$ |
1.18 |
|
$ |
0.60 |
|
$ |
3.41 |
|
| Dilutive |
$ |
0.87 |
|
$ |
0.76 |
|
$ |
1.17 |
|
$ |
0.60 |
|
$ |
3.40 |
|
|
| 1997 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Operating revenues |
$ |
3,786 |
|
$ |
3,113 |
|
$ |
4,820 |
|
$ |
4,590 |
|
$ |
16,309 |
|
| Operating income |
|
610 |
|
|
352 |
|
|
606 |
|
|
402 |
|
|
1,970 |
|
| EBIT |
|
644 |
|
|
407 |
|
|
632 |
|
|
425 |
|
|
2,108 |
|
| Net Income |
|
312 |
|
|
168 |
|
|
309 |
|
|
185 |
|
|
974 |
|
| Earnings per share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic |
$ |
0.84 |
|
$ |
0.43 |
|
$ |
0.83 |
|
$ |
0.41 |
|
$ |
2.51 |
|
| Dilutive |
$ |
0.83 |
|
$ |
0.43 |
|
$ |
0.83 |
|
$ |
0.40 |
|
$ |
2.50 |
|
|
|
|
