(U.S. dollars in millions, except share data) |
Common Shares |
Additional Paid-in Capital |
Receivable from Former Shareholder |
|
Retained Earnings |
|
Accumulated Other Comprehensive Income (Loss) (Note 23) |
|
Total Shareholders' Equity |
|
Comprehensive Income (Loss) |
|
Shares |
Amount |
|
Balance, January 1, 2002 |
83,155,100 |
$ |
1 |
$ |
1,706 |
$ |
(76 |
) |
$ |
435 |
|
$ |
(690 |
) |
$ |
1,376 |
|
Comprehensive income2002: |
|
Net income |
|
|
|
|
|
|
|
|
|
255 |
|
|
|
|
|
255 |
|
$ |
255 |
|
Other comprehensive income (loss): |
|
|
Foreign exchange translation adjustment, |
|
|
|
net of tax expense of $17 |
|
|
|
|
|
|
|
|
|
|
|
|
(403 |
) |
|
|
|
|
(403 |
) |
|
Unrealized loss on commodity futures, |
|
|
|
net of tax benefit of $8 |
|
|
|
|
|
|
|
|
|
|
|
|
13 |
|
|
|
|
|
13 |
|
|
Loss on treasury rate lock contracts, |
|
|
|
net of tax of $0 |
|
|
|
|
|
|
|
|
|
|
|
|
(22 |
) |
|
|
|
|
(22 |
) |
|
Unrealized gain on investments, |
|
|
|
net of tax of $1 |
|
|
|
|
|
|
|
|
|
|
|
|
(1 |
) |
|
|
|
|
(1 |
) |
|
Reclassification of realized net (gains) to |
|
|
|
net income, net of tax expense of $8 |
|
|
|
|
|
|
|
|
|
|
|
|
(12 |
) |
|
|
|
|
(12 |
) |
|
Minimum pension liability, |
|
|
|
net of tax benefit of $5 |
|
|
|
|
|
|
|
|
|
|
|
|
(11 |
) |
|
|
|
|
(11 |
) |
|
|
|
|
Total comprehensive income (loss) |
|
|
|
|
|
|
|
|
|
|
|
|
(436 |
) |
|
(436 |
) |
$ |
(181 |
) |
|
|
|
|
Collection of former shareholder receivable |
|
|
|
|
|
|
21 |
|
|
|
|
|
|
|
|
21 |
|
Dividends paid |
|
|
|
|
|
|
|
|
|
(37 |
) |
|
|
|
|
(37 |
) |
|
Issuance of common shares: |
|
|
public offering |
16,093,633 |
|
|
|
292 |
|
|
|
|
|
|
|
|
|
|
292 |
|
|
employee stock plan |
83,500 |
|
|
|
1 |
|
|
|
|
|
|
|
|
|
|
1 |
|
|
|
Balance, December 31, 2002 |
99,332,233 |
$ |
1 |
$ |
1,999 |
$ |
(55 |
) |
$ |
653 |
|
$ |
(1,126 |
) |
$ |
1,472 |
|
Comprehensive income2003: |
|
Net income |
|
|
|
|
|
|
|
|
|
411 |
|
|
|
|
|
411 |
|
$ |
411 |
|
Other comprehensive income (loss): |
|
|
Foreign exchange translation |
|
|
|
adjustment, net of tax expense of $8 |
|
|
|
|
|
|
|
|
|
|
|
|
489 |
|
|
|
|
|
489 |
|
|
Unrealized loss on commodity futures, |
|
|
|
net of tax benefit of $6 |
|
|
|
|
|
|
|
|
|
|
|
|
(9 |
) |
|
|
|
|
(9 |
) |
|
Unrealized gain on investments, |
|
|
|
net of tax of $0 |
|
|
|
|
|
|
|
|
|
|
|
|
1 |
|
|
|
|
|
1 |
|
|
Reclassification of realized net (gains) to |
|
|
|
net income, net of tax expense of $2 |
|
|
|
|
|
|
|
|
|
|
|
|
(1 |
) |
|
|
|
|
(1 |
) |
|
Minimum pension liability, |
|
|
|
net of tax benefit of $7 |
|
|
|
|
|
|
|
|
|
|
|
|
(10 |
) |
|
|
|
|
(10 |
) |
|
|
|
|
Total comprehensive income (loss) |
|
|
|
|
|
|
|
|
|
|
|
|
470 |
|
|
470 |
|
$ |
881 |
|
|
|
|
|
Collection of former shareholder receivable |
|
|
|
|
|
|
55 |
|
|
|
|
|
|
|
|
55 |
|
Dividends paid |
|
|
|
|
|
|
|
|
|
(42 |
) |
|
|
|
|
(42 |
) |
|
Issuance of common shares: |
|
|
employee stock plan |
576,085 |
|
|
|
11 |
|
|
|
|
|
|
|
|
|
|
11 |
|
|
|
Balance, December 31, 2003 |
99,908,318 |
$ |
1 |
$ |
2,010 |
$ |
|
|
$ |
1,022 |
|
$ |
(656 |
) |
$ |
2,377 |
|
Comprehensive income2004: |
|
Net income |
|
|
|
|
|
|
|
|
|
469 |
|
|
|
|
|
469 |
|
$ |
469 |
|
Other comprehensive income (loss): |
|
|
Foreign exchange translation adjustment, |
|
|
|
net of tax expense of $3 |
|
|
|
|
|
|
|
|
|
|
|
|
217 |
|
|
|
|
|
217 |
|
|
Unrealized losses on commodity futures, |
|
|
|
net of tax benefit of $3 |
|
|
|
|
|
|
|
|
|
|
|
|
(5 |
) |
|
|
|
|
(5 |
) |
|
Reclassification of realized net losses to |
|
|
|
net income, net of tax benefit of $10 |
|
|
|
|
|
|
|
|
|
|
|
|
19 |
|
|
|
|
|
19 |
|
|
Minimum pension liability, |
|
|
|
net of tax benefit of $1 |
|
|
|
|
|
|
|
|
|
|
|
|
(2 |
) |
|
|
|
|
(2 |
) |
|
|
|
|
Total comprehensive income (loss) |
|
|
|
|
|
|
|
|
|
|
|
|
229 |
|
|
229 |
|
$ |
698 |
|
|
|
|
|
Dividends paid |
|
|
|
|
|
|
|
|
|
(51 |
) |
|
|
|
|
(51 |
) |
|
Issuance of common shares: |
|
|
public offering |
9,775,000 |
|
|
|
331 |
|
|
|
|
|
|
|
|
|
|
331 |
|
|
employee stock plan |
988,132 |
|
|
|
20 |
|
|
|
|
|
|
|
|
|
|
20 |
|
|
|
Balance, December 31, 2004 |
110,671,450 |
$ |
1 |
$ |
2,361 |
$ |
|
|
$ |
1,440 |
|
$ |
(427 |
) |
$ |
3,375 |
|
|
|