(dollars in millions, except per share amounts)

December 31

2000

1999

Current Assets

Cash and cash equivalents

$

77.5

$

66.4

Accounts and notes receivable

910.6

660.5

Inventories

865.3

810.7

Deferred income taxes

98.2

103.5

Prepaid expenses and other assets

79.0

52.0

Net assets of discontinued operations

1,049.7

Total Current Assets

3,080.3

1,693.1

Property

1,022.0

968.7

Prepaid pension

246.9

212.1

Goodwill

761.6

689.0

Identifiable intangible assets

109.1

53.1

Other assets

497.6

430.8

Net assets of discontinued operations

1,078.7

Total Assets

$

5,717.5

$

5,125.5

Current Liabilities

Short-term bank debt

$

756.3

$

229.1

Accounts payable

403.7

338.2

Accrued expenses

746.3

649.2

Income taxes payable

59.3

58.2

Current maturities of long-term debt and capital lease obligations

181.7

14.5

Total Current Liabilities

2,147.3

1,289.2

Long-term debt and capital lease obligations

1,316.2

1,516.9

Pension obligations

61.4

80.4

Postretirement benefits other than pensions

336.9

347.7

Deferred income taxes

2.3

23.4

Other non-current liabilities

353.0

303.4

Commitments and contingent liabilities

—

—

Mandatorily redeemable preferred securities of trusts

273.8

271.3

Shareholders’ Equity

Common stock– $5 par value

Authorized, 200,000,000 shares; issued, 113,295,049 shares in
2000 and 112,064,927 shares in 1999 (excluding 14,000,000
shares held by a wholly-owned subsidiary)

566.5

560.3

Additional paid-in capital

922.8

895.8

Income retained in the business

158.1

(52.3)

Accumulated other comprehensive income

(59.6)

(44.2)

Unearned compensation

(1.2)

(1.2)

Common stock held in treasury, at cost (10,964,761 shares in
2000 and 1,832,919 shares in 1999)

(360.0)

(65.2)

Total Shareholders’ Equity

1,226.6

1,293.2

Total Liabilities and Shareholders’ Equity

$

5,717.5

$

5,125.5

See Notes to Consolidated Financial Statements.