In millions except per share amounts 2004 -2003 % Change

Common Stock Data
Reported (GAAP) earnings per share $3.12 $1.66

Loss from discontinued operations

 $(0.28) -

Cumulative effects of changes in accounting principles

 - $(1.19)

Special items*

 $0.16 $0.09

Earnings per share excluding cumulative effects of changes in accounting principles and special items**

 $3.24 $2.76 17.4%
Dividends declared per share $1.14 $1.04 9.6%
Average shares outstanding-assuming dilution 173.1 166.7
Market price per share-year end $43.71 $39.16 11.6%

Financial Data
Total revenues $12,550 $9,688
GAAP net income $540 $277

Loss from discontinued operations

 $(49) -

Cumulative effect of changes in accounting principles

 - $(198)

Special items (after-tax)*

 $27 $14
Net income excluding cumulative effects of changes in accounting principles and special items** $562 $461
Total assets $17,347 $15,593
Total debt $5,294 $5,392
Total common equity $4,727 $4,141
Capital expenditures $762 $761


Certain prior year amounts have been reclassified to conform with current year's presentation.

* Includes recognition of synfuel tax credits associated with 2003 production, workforce reduction costs, impairment losses and other costs and net (loss) gain on sale of investments and other assets.

** Represents a measure that is not determined in accordance with generally accepted accounting principles (GAAP) and should not be considered as an alternative to the comparable amount under GAAP. However, we believe the impact of special items obscures trends in our results and that it is useful to consider our results excluding such items.

2002 Earnings: For 2002, our GAAP earnings per share were $3.20. Excluding special items of $0.68, our earnings per share were $2.52.

2001 Earnings: For 2001, our GAAP earnings per share were $0.57. Excluding special items of $1.84, our earnings per share were $2.41.