December 31,
(U.S. dollars in millions, except share data)				2004			2003
assets
Current assets:
	Cash and cash equivalents		$	432		$	489
	Trade accounts receivable (less allowance of $133 and $100) (Note 18)			1,928			1,495
	Inventories (Note 4)			2,636			2,867
	Deferred income taxes			95			93
	Other current assets (Note 5)			1,577			1,474
Total current assets				6,668			6,418
Property, plant and equipment, net (Note 6)				2,536			2,090
Goodwill (Note 8)				167			148
Other intangible assets, net (Note 9)				156			92
Investments in affiliates (Note 11)				564			537
Deferred income taxes				273			233
Other non-current assets				543			366
Total assets			$	10,907		$	9,884
liabilities and shareholders' equity
Current liabilities:
	Short-term debt (Note 16)		$	541		$	889
	Current portion of long-term debt (Note 17)			140			128
	Trade accounts payable			1,898			1,678
	Deferred income taxes			38			42
	Other current liabilities (Note 12)			1,285			1,200
Total current liabilities				3,902			3,937
Long-term debt (Note 17)				2,600			2,377
Deferred income taxes				232			206
Other non-current liabilities				518			433
Commitments and contingencies (Note 21)
Minority interest in subsidiaries				280			554
Shareholders' equity:
	Common shares, par value $.01; authorized—240,000,000 shares; issued and outstanding:
		2004—110,671,450 shares, 2003—99,908,318 shares		1			1
	Additional paid-in capital			2,361			2,010
	Retained earnings			1,440			1,022
	Accumulated other comprehensive loss			(427	)		(656	)
Total shareholders' equity				3,375			2,377
Total liabilities and shareholders' equity			$	10,907		$	9,884

The accompanying notes are an integral part of these consolidated financial statements.