| Consolidated
balance
sheet |
| |
|
|
|
|
| December
31 (thousands, except per share) |
2001 |
2000 |
1999
|
|
|
|
|
| Assets
|
|
|
|
| Current
assets |
|
|
|
| Cash
and cash equivalents |
$
41,793 |
$
43,965 |
$
47,748 |
| Accounts
receivable, net |
514,074 |
326,937 |
299,751 |
| Inventories |
279,785 |
168,220 |
176,369 |
| Deferred
income taxes |
53,781 |
50,709 |
41,701 |
| Other
current assets |
40,150 |
10,737 |
11,752 |
|
|
|
|
| Total
current assets |
929,583 |
600,568 |
577,321 |
| Property,
plant and equipment, net |
644,323 |
501,640 |
448,116 |
| Investment
in Henkel-Ecolab |
|
199,642 |
219,003 |
| Goodwill,
net |
596,925 |
252,022 |
205,330 |
| Other
intangible assets, net |
178,951 |
55,034 |
44,426 |
| Other
assets |
175,218 |
105,105 |
91,750 |
|
|
|
|
| Total
assets |
$2,525,000 |
$1,714,011 |
$1,585,946 |
|
|
|
|
| Liabilities
and Shareholders' Equity |
|
|
|
|
Current
liabilities
|
|
|
|
| Short-term
debt |
$
233,393 |
$
136,592 |
$
112,060 |
| Accounts
payable |
199,772 |
146,428 |
122,701 |
| Compensation
and benefits |
132,720 |
88,330 |
90,618 |
| Income
taxes |
18,887 |
|
5,743 |
| Other
current liabilities |
243,180 |
160,684 |
139,552 |
|
|
|
|
| Total
current liabilities |
827,952 |
532,034 |
470,674 |
| Long-term
debt |
512,280 |
234,377 |
169,014 |
| Postretirement
health care and pension benefits |
183,281 |
117,790 |
97,527 |
| Other
liabilities |
121,135 |
72,803 |
86,715 |
| Shareholders'
equity (common stock, par value $1.00 per share |
shares
outstanding: 2001 - 127,900; 2000 - 127,161;
1999 - 129,416) |
880,352 |
757,007 |
762,016 |
|
|
|
|
| Total
liabilities and shareholders' equity |
$2,525,000 |
$1,714,011 |
$1,585,946 |
|
|
|
|
| The
accompanying notes are an integral part of the consolidated financial
statements. |
|
