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(In Thousands) October 28, 2000 October 30, 1999 Assets Current Assets Cash and cash equivalents $ 100,646 $ 188,310 Short-term marketable securities 5,964 60,252 Accounts receivable 307,732 266,059 Inventories 281,404 270,239 Deferred income taxes 9,021 9,526 Prepaid expenses 6,342 5,757 Total Current Assets 711,109 800,143 Deferred Income Taxes 61,622 60,051 Intangibles 92,632 98,544 Investments in and Receivables from Affiliates 151,383 142,879 Other Assets 83,645 78,344 Property, Plant and Equipment Land 13,314 13,108 Buildings 291,512 286,662 Equipment 701,554 652,723 Construction in progress 75,232 49,693 1,081,612 1,002,186 Less allowance for depreciation (540,063) (496,562) 541,549 505,624 Total Assets $1,641,940 $1,685,585 Liabilities and Shareholders' Investment Current Liabilities Accounts payable $ 154,893 $ 162,585 Accrued expenses 30,117 37,255 Accrued marketing expenses 34,252 34,882 Employee compensation 59,138 73,050 Taxes, other than federal income taxes 10,982 12,333 Dividends payable 12,195 11,902 Federal income taxes 2,609 12,186 Current maturities of long-term debt 38,439 41,214 Total Current Liabilities 342,625 385,407 Long-term Debt - less current maturities 145,928 184,723 Accumulated Postretirement Benefit Obligation 252,118 252,236 Other Long-term Liabilities 27,392 22,077 Shareholders' Investment Preferred stock, par value $.01 a share - authorized 80,000,000 shares; issued - none Common stock, nonvoting, par value $.01 a share - authorized 80,000,000 shares: issued - none Common stock, par value $.0586 a share - authorized 400,000,000 shares; issued 138,569,429 shares October 28, 2000 issued 142,724,870 shares October 30, 1999 8,120 8,364 Accumulated other comprehensive loss (20,917) (6,305) Retained earnings 886,674 839,083 Total Shareholders' Investment 873,877 841,142 Total Liabilities and Shareholders' Investment $1,641,940 $1,685,585See notes to consolidated financial statements. |
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