Q1 2001 - Positioned for Growth
Resolution of the Government Receivable
- Collected $284 Million Net; Receivable Down to $65 Million From $334 Million at Year-End 2000
Stronger Balance Sheet
- Debt to Total Capital At 36.8% in Q1 2001
- Investment Grade Ratings From S&P and Moody’s
- Issued $400 Million of 10-Year Notes on April 12, 2001