Cover Page To Our Shareholders Issues and Answers: Contributions That Count Enterprise Profile Financials Summary Financial Review Report of Management Report of Ernst & Young LLP, Independent Auditors Financial Statements Notes to Consolidated Financial Statements    1 Summary of Significant Accounting Policies    2 Accounting Changes    3 Employee Stock Ownership Plan/Savings Incentive Plan    4 Benefit Plans    5 Special and Other Charges    6 Acquisitions    7 Income Taxes    8 Supplemental Financial Information    9 Debt   10 Financial Instruments   11 Shareholders' Equity   12 Comprehensive Income   13 Commitments and Contingencies   14 Stock Plans   15 Earnings Per Share   16 Segment Data Corporate Information Board of Directors and Officers

Notes to Consolidated Financial Statements  9     Debt The components of Short-Term Debt follow:   2002   2001   Loans payable:   Domestic  $  415,131     $  416,395     Foreign    9,280       25,836     Current portion of long-term debt    10,231       11,781       $  434,642     $  454,012       Domestic loans payable consist of commercial paper. Foreign loans payable consist of short-term borrowings from financial institutions. The weighted average interest rates for loans payable were 2.0% and 3.8% at September 30, 2002 and 2001, respectively. In 2001, the Company put in place a $900 million syndicated credit facility, consisting of a $450 million 364-day line of credit expiring in August 2002 and a $450 million five-year line of credit expiring in August 2006. In August 2002, the 364-day line was renewed and extended for an additional 364-day period. The facility is available to support the Company's commercial paper borrowing program and for other general corporate purposes. Restrictive covenants include a minimum interest coverage ratio. There were no borrowings outstanding under the facility at September 30, 2002. In addition, the Company had unused short-term foreign lines of credit pursuant to informal arrangements of approximately $267,000 at September 30, 2002.     The components of Long-Term Debt follow:   2002   2001   Domestic notes due through 2015 (average year-end interest rate: 4.8% - 2002; 5.6% - 2001)  $  17,923     $  15,126   Foreign notes due through 2011   (average year-end interest rate:   4.8% - 2002; 4.6% - 2001)    9,965       9,897   9.45% Guaranteed ESOP Notes   due through July 1, 2004    3,715       10,810   6.90% Notes due October 1, 2006    104,945       98,977   7.15% Notes due October 1, 2009    225,686       211,075   8.70% Debentures due January 15, 2025    105,683       102,061   7.00% Debentures due August 1, 2027    168,000       168,000   6.70% Debentures due August 1, 2028    167,050       167,050    $  802,967     $  $782,996       Long-term debt balances as of September 30, 2002 and 2001 have been impacted by certain interest rate swaps that have been designated as fair value hedges, as discussed in Note 10.     The Company has available $100,000 under a $500,000 shelf registration statement filed in October 1997 for the issuance of debt securities.     The aggregate annual maturities of long-term debt during the fiscal years ending September 30, 2004 to 2007 are as follows: 2004-$6,065; 2005-$6,075; 2006-$1,294; 2007-$101,357.     The Company capitalizes interest costs as a component of the cost of construction in progress. The following is a summary of interest costs:   2002   2001   2000   Charged to operations  $  40,269     $  61,585    $  86,511   Capitalized    17,952       28,625      24,946    $  58,221     $  90,210    $  111,457       Interest paid, net of amounts capitalized, was $39,153 in 2002, $63,760 in 2001, and $78,272 in 2000.