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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 $1,685,585
See notes to consolidated financial statements.
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