2002			2001
Assets Current Assets
Cash and equivalents	$	243,115		$	82,129
Short-term investments		1,850			4,571
Trade receivables, net		745,998			768,047
Inventories		697,696			707,744
Prepaid expenses, deferred taxes and other		240,048			200,451
Total Current Assets		1,928,707			1,762,942
Property, Plant and Equipment, Net		1,765,730			1,716,023
Goodwill, Net		492,327			431,452
Core and Developed Technology, Net		283,166			304,688
Other Intangibles, Net		126,758			164,643
Capitalized Software, Net		284,109			231,123
Other		159,663			191,416
Total Assets	$	5,040,460		$	4,802,287
Liabilities Current Liabilities
Short-term debt	$	434,642		$	454,012
Accounts payable		224,645			205,046
Accrued expenses		310,238			352,589
Salaries, wages and related items		225,694			202,900
Income taxes		57,234			50,129
Total Current Liabilities		1,252,453			1,264,676
Long-Term Debt		802,967			782,996
Long-Term Employee Benefit Obligations		391,607			335,731
Deferred Income Taxes and Other		105,459			90,117
Shareholders' Equity ESOP convertible preferred stock-$1 par value:   authorized - 1,016,949 shares; issued and outstanding - 639,262 shares   in 2002 and 686,922 shares in 2001		37,945			40,528
Preferred stock, series A-$1 par value: authorized-500,000 shares; none issued		-			-
Common stock-$1 par value: authorized-640,000,000 shares;   issued-332,662,160 shares in 2002 and 2001		332,662			332,662
Capital in excess of par value		185,122			148,690
Retained earnings		3,514,465			3,137,304
Unearned ESOP compensation		(7,847	)		(12,001	)
Deferred compensation		8,496			7,096
Common shares in treasury-at cost-77,132,248 shares in 2002   and 73,425,478 shares in 2001		(1,137,583	)		(937,790	)
Accumulated other comprehensive loss		(445,286	)		(387,722	)
Total Shareholders' Equity		2,487,974			2,328,767
Total Liabilities and Shareholders' Equity	$	5,040,460		$	4,802,287

See Notes to Consolidated Financial Statements