Notes to Consolidated Financial Statements



12.Quarterly Financial Information (Unaudited)

Following is a summary of the unaudited quarterly results of operations and common stock prices for the respective quarters:


Dollars in millions, except per share amounts First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Fiscal
Year

2000:
  Net sales $  4,739.5 $  4,942.8 $  4,916.4 $  5,488.8 $  20,087.5
  Gross margin 1,300.0 1,335.8 1,297.4 1,428.5 5,361.7
  Operating profit 334.9 333.9 284.7 369.2 1,322.7
  Net earnings 191.3 186.5 158.7 209.5 746.0

  Net earnings per common share, basic 0.48 0.47 0.40 0.53 1.87
  Net earnings per common share, diluted 0.47 0.46 0.39 0.51 1.83

  Dividends per common share 0.0575 0.0575 0.0575 0.0575 0.2300

  Stock price: (New York Stock Exchange)
    High 40.63 46.75 46.31 59.94 59.94
    Low 28.00 35.88 34.38 44.31 28.00

Registered shareholders at year-end 12,100

1999:
  Net sales $  4,240.5 $  4,362.4 $  4,311.8 $  5,183.6 $  18,098.3
  Gross margin 1,169.4 1,190.4 1,141.1 1,360.5 4,861.4
  Operating profit 293.2 290.2 219.7 332.4 1,135.5
  Net earnings 164.6 162.6 121.6 186.3 635.1

  Net earnings per common share, basic 0.41 0.41 0.30 0.47 1.59
  Net earnings per common share, diluted 0.40 0.40 0.30 0.46 1.55

  Dividends per common share 0.0575 0.0575 0.0575 0.0575 0.2300

  Stock price: (New York Stock Exchange) 0.0575
    High 56.44 52.06 53.00 45.75 56.44
    Low 45.50 40.50 37.75 30.31 30.31

Registered shareholders at year-end 11,200


      INDEX