|
Millions of Dollars, Except Ratios
and Per Share Amounts |
|
2000 |
[a] |
1999 |
[b] |
1998 |
[c] |
|
For the Year |
Operating Revenues |
|
$11,878 |
|
$11,237 |
|
$10,514 |
|
Operating Income (Loss) |
1,903 |
1,804 |
(171) |
|
Income (Loss) from Continuing Operations |
842 |
783 |
(633) |
|
Income from Discontinued Operations |
|
27 |
|
|
Net Income (Loss) |
842 |
810 |
(633) |
|
Per Share Basic: |
|
Income (Loss) from Continuing Operations |
3.42 |
3.17 |
(2.57) |
|
Income from Discontinued Operations |
|
0.11 |
|
|
Net Income (Loss) |
3.42 |
3.28 |
(2.57) |
|
Per Share Diluted: |
|
Income (Loss) from Continuing Operations |
3.34 |
3.12 |
(2.57) |
|
Income from Discontinued Operations |
|
0.10 |
|
|
Net Income (Loss) |
3.34 |
3.22 |
(2.57) |
|
Dividends Per Share |
0.80 |
0.80 |
0.80 |
|
Operating Cash Flow |
1,958 |
1,869 |
565 |
|
Capital Investments |
1,783 |
1,834 |
2,111 |
|
|
At Year-End |
Assets |
|
$30,499 |
|
$29,888 |
|
$29,374 |
|
Total Debt |
8,351 |
8,640 |
8,692 |
|
Common Shareholders' Equity |
8,662 |
8,001 |
7,393 |
|
Equity Per Common Share |
35.09 |
32.29 |
29.88 |
|
|
Financial Ratios
(%) |
Operating Ratio |
|
84.0 |
|
83.9 |
|
101.6 |
|
Debt to Capital Employed |
45.1 |
47.6 |
49.4 |
|
Return on Average Common Shareholders'
Equity |
10.1 |
10.5 |
(8.1) |
|
[a] 2000 operating income and net income
included a work force reduction charge of $115 million pre-tax and $72 million
after-tax (see note 15 to the consolidated financial
statements).
[b] 1999 income from discontinued operations
included a one-time, after-tax gain of $27 million from the adjustment of a liability
established in connection with the discontinued operations of a former subsidiary
(see note 3 to the consolidated financial statements).
[c] 1998 operating loss and net loss included
a $547 million pre- and after-tax charge for the revaluation of Overnite goodwill
(see note 1 to the consolidated financial statements).
|