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					Quarterly Financial Report Report Title for Manufacturing, Mining, and Trade Corporations: 2005

Quarter 4
Issued April 2006
QFR/05-Q4

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US CE NSUS B UR E AU
Helping You Make Informed Decisions

U.S. Department of Commerce
Economics and Statistics Administration
U.S. CENSUS BUREAU

ACKNOWLEDGMENTS

Many people regularly participate in the quarterly production of this report, which is prepared under the general direction of Ruth Runyan, Assistant Division Chief for Financial Statistics. Yolando St. George, Chief, Financial Report Branch, plans and manages the financial data collection effort. Mary Aliece Baldwin directs the data analysis activities of Rose Antonio, Michael Borsi, Sherri Ewing, Kimberly Hansberry, and Rosemarie Hillmon. Demetria Hanna advises the staff on technical accounting matters and directs the revision work. Altessia Blake manages the telephone follow-up work of Connie Abner, Lolita Curtis-Hammond, Donna Moore, and Cheryl Nelson. Data keying is provided by Katrina Reed. Donna Farley and Traci Gillespie-Brown coordinate the various phases of the publication process, including table preparation and Internet posting. Rosalyn R. Harrington provides secretarial support to the branch. John P. Seabold, Chief, Corporate Analysis Branch, assisted by Gary Francis, Justin Keller, James Mercury, Adesegun Oyesanya, Joan Sanders, Jack Schroeder, Lorraine Talley, Angela Walker, Claudia White, and Amanda Williams, reviews and analyzes corporate structure and industry classification of companies participating in the program.

Theresa Brashears, assisted by Minnie Whiteside, maintains the program’s records, controls correspondence, and produces mailings. Laura Gonchar Schmitz, assisted by Bob Peregoy, Donna Farley and Traci Gillespie-Brown, provides sample maintenance, production planning, data processing support, and computer programming. Carol Caldwell, Assistant Chief for Research and Methodology, provides monitoring of the integrity of the samples. Mark S. Sands, Chief, Statistical Research and Methods Branch, directs sample design and quality control, assisted by Irene L. Evans, Melvin McCullough, and Terry Pennington. Theodora S. Forgione, Jamie Peters, Crystal Pate, and Wanda Cevis of the Administrative and Customer Services Division, Walter C. Odom, Chief, provided publication and printing management, graphics design, and composition and editorial review for print and electronic media. General direction and production management were provided by James R. Clark, Assistant Division Chief. Special acknowledgments are also due to the many corporations whose cooperation each quarter is essential to the success of this report; to Ruth Gladden, who retired after 41 years of government service.

Quarterly Financial Report for Manufacturing, Mining, and Trade Corporations: 2005

Quarter 4
Issued April 2006

QFR/05-Q4

U.S. Department of Commerce Carlos M. Gutierrez, Secretary David A. Sampson, Deputy Secretary
Economics and Statistics Administration Vacant, Under Secretary for Economic Affairs
U.S. CENSUS BUREAU Charles Louis Kincannon, Director

SUGGESTED CITATION U.S. Census Bureau, Quarterly Financial Report for Manufacturing, Mining, and Trade Corporations. Fourth Quarter 2005, Series QFR/05-Q4, U.S. Government Printing Office, Washington, DC 2005

ECONOMICS AND STATISTICS ADMINISTRATION

Economics and Statistics Administration Vacant, Under Secretary for Economic Affairs

U.S. CENSUS BUREAU Charles Louis Kincannon, Director Hermann Habermann, Deputy Director and Chief Operating Officer
Thomas L. Mesenbourg, Associate Director for Economic Programs C. Harvey Monk, Jr., Assistant Director for Economic Programs Ewen M. Wilson, Chief, Company Statistics Division

For sale by Superintendent of Documents, U.S. Government Printing Office Internet: bookstore.gpo.gov; Phone: toll-free 1-866-512-1800; DC area 202-512-1800; Fax: 202-512-2250; Mail: Stop SSOP Washington, DC 20402-0001

CONTENTS

Introduction to the Quarterly Financial Report Program . Report Form Conversion Tables . . . . . . . . . . . . . Summary Data Tables A.

. . . . . . . . . . . . . . . . . . . . . .

iv x

B.

C. D.

E. F. G. H. I. J. K.

L.

Rates of Change in Sales and Profits for Corporations in NAICS Manufacturing, Mining, and Trade, by Sector, Select Subsectors, and Select Industry Groups . . . . . . . . . . . . . . . . . . . . . . Profits Per Dollar of Sales for Corporations in NAICS Manufacturing, Mining, and Trade, by Sector, Select Subsectors, and Select Industry Groups . . . . . . . . . . . . . . . . . . . . . . . . . . . . Profits Per Dollar of Sales for Corporations in the NAICS Manufacturing Sector, by Asset Size . . . . . . . . . . . . . . . . . Annual Rates of Profit on Stockholders’ Equity for Corporations in NAICS Manufacturing, Mining, and Trade, by Sector, Select Subsectors, and Select Industry Groups . . . . . . . . . . . . . . . . Annual Rates of Profit on Stockholders’ Equity for Corporations in the NAICS Manufacturing Sector, by Asset Size . . . . . . . . . . . . Historical Rates of Return for Corporations in the NAICS Manufacturing Sector . . . . . . . . . . . . . . . . . . . . . . . . . Historical Rates of Return for Corporations in the NAICS Mining Sector Assets $50 Million and Over . . . . . . . . . . . . . . . . . Historical Rates of Return for Corporations in the NAICS Wholesale Trade Sector Assets $50 Million and Over . . . . . . . . . . . . . . Historical Rates of Return for Corporations in the NAICS Retail Trade Sector Assets $50 Million and Over . . . . . . . . . . . . . . . . . . Composition of the Sample, by NAICS Sector and Asset Size . . . . . Sampling Variability for Corporations in NAICS Manufacturing, Mining, and Trade, by Sector, Select Subsectors, and Select Industry Groups . . . . . . . . . . . . . . . . . . . . . . . . . . . . Seasonally Adjusted Net Sales and Net Income After Tax for Corporations in the NAICS Manufacturing Sector . . . . . . . . . . .
1

xiv

xvi xvii

xviii xix xx xxi xxii xxiii xxiv

xxv xxvi xxvii 1

Guide to Quarterly Financial Statistics Financial Data Tables
1

. . . . . . . . . . . . . . . . . . . .

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Data for these tables are also available on the Internet at www.census.gov/csd/qfr/.

iii

Introduction
SURVEY DESCRIPTION The Quarterly Financial Report (QFR) Program publishes up-to-date aggregate statistics on the financial results and position of U.S. corporations. Based upon a sample survey, the QFR presents estimated statements of income and retained earnings, balance sheets, and related financial and operating ratios for manufacturing corporations with assets of $250,000 and over, and mining, wholesale trade and retail trade corporations with assets of $50 million and over. The statistical data are classified by industry and by asset size. The Federal Trade Commission (FTC) was responsible for the program from its inception in 1947 until December 1982. That responsibility was shared with the Securities and Exchange Commission until 1971. Authority to conduct the survey was transferred to the U.S. Census Bureau in 1982. The Commerce Department regularly employs QFR data as an important component in determining corporate profits for the Gross Domestic Product (GDP) and National Income estimates; the Federal Reserve Board uses QFR data to assess industrial debt structure, liquidity, and profitability; the Treasury Department estimates corporate tax liability through use of QFR data; the Council of Economic Advisers and Congressional Committees utilize key indicators derived from QFR data as they design economic policies and draft legislation; the FTC utilizes the series as a basic reference point in analyzing the financial performance of American industries; and banking institutions and financial analysts draw upon the series in making investment evaluations. Publication schedule. QFR data are scheduled for release approximately 75 days after the end of the first, second, and third-calendar quarters, and approximately 95 days after the end of the fourth-calendar quarter. The QFR publishes information on the most recently closed quarter for manufacturing, mining, and wholesale trade corporations, and the preceding quarter’s data for retail trade corporations, except in the fourth quarter when the 95-day publication lag permits synchronized presentation. The following table shows how a corporation’s fiscal quarter relates to QFR quarters: iv
U.S. Census Bureau

Month corporation’s fiscal quarter ends QFR quarter Manufacturing, mining and wholesale trade Jan., Feb., or Mar. Apr., May, or June July, Aug., or Sept. Oct., Nov., or Dec. Retail trade Feb., Mar., or Apr. May, June, or July Aug., Sept., or Oct. Nov., Dec., or Jan.

First . . . . . . . Second . . . . Third . . . . . . Fourth . . . . .

Data revisions. Revisions to QFR data are attributable primarily to industry reclassifications of major corporations involved in merger/acquisition activities, restructuring of operations, economic changes, or additional information and/or correcions submitted by respondents subsequent to last quarter’s publication. In order to reflect these changes and to provide users with comparable data, revisions are made each quarter to the most recent four quarters of previously published data. Consolidation rules. Reporting companies have been instructed to fully consolidate the domestic operations of every company, corporate (including 1120S corporations) and noncorporate, which are taxable under the U.S. Internal Revenue Code and are owned more than 50 percent by the reporting company and its majority-owned subsidiaries. This includes every majority-owned domestic company located within the United States that manufactures, mines, or conducts other business activities with the following exceptions: foreign entities (either corporate or noncorporate), foreign branch operations, and domestic companies primarily engaged in foreign operations (plants or work forces are located in foreign countries). Subsidiaries created in foreign countries to manufacture and/or sell primarily in foreign markets are not consolidated. Also excluded from consolidation are domestic companies primarily engaged in banking, finance, or insurance as defined in the North American Industry Classification System (NAICS) Sector 52. Commonwealths such as Puerto Rico and territories such as the Virgin Islands are not considered domestic for this report. Nonconsolidated subsidiaries are accounted for on either the cost or equity method of accounting, at the option of the reporting company. Manufacturing corporations with assets less than $50 million report their dividend income or equity income (loss) with other nonoperating income (expense). Corporations with assets of $50 million and over report their dividend income or equity income (loss) separately.

How corporations are classified and tabulated. The industry combinations used in the QFR are defined in accordance with the descriptions provided in the North American Industry Classification System, United States, 1997 manual. Each corporation in the survey is required to provide a breakdown of gross receipts by source industry. These data are analyzed to determine the classification of each corporation. A reporting corporation is initially classified into the NAICS sector accounting for more gross receipts than any other NAICS sector. To be in scope for the QFR, more gross receipts of the reporting corporation must be accounted for by either (not a combination of) the NAICS Manufacturing sector, Mining sector, Wholesale Trade sector, or Retail Trade sector than by any other NAICS sector. After a corporation is assigned to a sector, it is further classified by the 3-digit NAICS subsector accounting for more gross receipts than any other 3-digit subsector within the sector. In certain cases, corporations are further classified into 4-digit industry groups. QFR data are published for these subsectors and industry groups, except when statistical criteria are not satisfied. In those cases, sectors or subsectors are combined, such as Leather Product Manufacturing and Apparel Manufacturing. Note that these procedures may lead to a conglomerate corporation being assigned to a major group from which only a small proportion of its receipts are obtained. For example, if a corporation obtains 20 percent of its gross receipts from wholesale, 25 percent each from mining and retail, and 30 percent from manufacturing, it would be classified in the manufacturing sector. Furthermore, if the 30 percent of manufacturing activity was conducted in two subsectors, 10 percent in one and 20 percent in the other, the activities of the corporation as a whole would be classified in the subsector accounting for 20 percent of total receipts. When a corporation is drawn into the sample, its classification is determined using the most current information available. This classification is reviewed periodically and changed as needed for as long as the corporation remains in the sample. Each manufacturing corporation is tabulated according to its total assets reported for that quarter. Mining and trade corporations are tabulated according to their total assets at the time of sample selection. DATA ANALYSIS Financial operating ratios. Many quantitative indicators are used to assess the financial strength of an enterprise and the success of its operations. The simplest method is to assemble related financial items, such as sales and profits, and to express this relationship in the form of a ratio. Using these ratios, various aspects of corporate operations may be compared with the performance of other corporations or groups of corporations of similar size or in a similar industry.

The QFR’s ratio formatted income statement and selected balance sheet ratios are expressed as percents of net sales and total assets, respectively. The operating and financial characteristics of the respective industries and asset size groups are thus reduced to a common denominator to facilitate analysis. The ratio tables include the following additional basic operating ratios: • Annual rate of profit on stockholders’ equity at end of period. This ratio is obtained by multiplying income for the quarter before or after domestic taxes (including branch income (loss) and equity in the earnings of nonconsolidated subsidiaries net of foreign taxes) by four, to put it on an annual basis, and then dividing by stockholders’ equity at the end of the quarter. This ratio measures the rate of return that accrues to stockholders on their investment. • Annual rate of profit on total assets. This ratio is obtained by multiplying income, as defined in deriving the rate of profit on stockholders’ equity, both before and after taxes, by four, and then dividing by total assets at the end of the quarter. This ratio measures the productivity of assets in terms of producing income. • Total current assets to total current liabilities. This ratio is obtained by dividing total current assets by total current liabilities. This ratio measures the ability to discharge current maturing obligations from existing current assets. • Total cash and U.S. Government and other securities to total current liabilities. This ratio is obtained by dividing total cash and U.S. Government and other securities by total current liabilities. This ratio measures the ability to discharge current liabilities from liquid assets. • Total stockholders’ equity to total debt. This ratio is obtained by dividing total stockholders’ equity by the total of short-term loans, current installments on longterm debt, and long-term debt due in more than one year. This ratio indicates the extent of leverage financing used. Comparisons with other statistics. QFR estimates will not necessarily agree with other financial and industrial statistics, whether based upon a sample or complete canvass. For example: • The QFR eliminates multiple counting of interplant and other intracompany transfers included in census establishment statistics. It also eliminates multiple counting of intercorporate transfers included in statistics based upon nonconsolidated, partly consolidated, or combined reports from multicorporate enterprises. v

U.S. Census Bureau

• Each corporation that files one of the U.S. Corporation Income Tax Return Forms 1120, 1120A, or 1120S and is in scope of the QFR is classified in one of 37 QFR subsectors or industry groups and has a known probability of being drawn into the QFR sample. Each corporation in the QFR sample is therefore given its proper weight in computing the QFR estimates. The composition of the sample changes each quarter to reflect the effects of corporate births, deaths, acquisitions, divestitures, mergers, consolidations, and the like. To redistribute the reporting responsibility as equitably as possible among the smallest corporations, one-eighth of the noncertainty sample is replaced each quarter. The QFR estimates may, therefore, differ significantly from estimates based upon reports for identical groups of corporations. • The conventional accounting concept of profits is used in the QFR estimates. This differs from the concept of profits employed in the national income and product accounts. In measuring profits for national income accounting purposes, capital gains and dividends received by corporations are deducted from profits, capital losses and depletion charges are added to profits, and adjustments are made for international flows affecting profits. • Corporations’ QFR submissions generally embody the accounting conventions adopted for financial reporting purposes. As such, they may differ from those used by corporations for reporting income to the Internal Revenue Service (IRS); for example, in the more frequent application of accelerated depreciation on tax returns. Therefore, annual income and balance sheet information derived from tax returns, which can be found in the IRS report series Statistics of Income: Corporation Income Tax Returns, may not be comparable. • QFR estimates by corporation size are based upon the total assets of consolidated corporate enterprises. They differ from estimates based upon other criteria such as value of shipments or number of employees. They differ also from estimates based upon other reporting units such as establishments, nonconsolidated corporations, or enterprises consolidated differently than in the QFR. • QFR estimates are based upon a changing sample of audited, unaudited, and estimated reports required to be submitted within 25 days after the end of each quarterly reporting period by corporations that are not necessarily identical entities from quarter to quarter. Aggregated for any four consecutive quarters, the QFR estimates will differ from similar aggregations of finalized and audited annual reports for accounting years that are not necessarily identical from corporation to corporation. Time series discontinuities. Because of various changes to the QFR program over the years, discontinuities that affect its use as a time series for tracking economic change have been introduced. The most significant ones follow: vi

• Accounting rules changes. When the QFR series began in 1947, corporations were instructed to consolidate all of their subsidiaries that were taxable under the U.S. Internal Revenue Code and that were fully consolidated in their latest report to stockholders. All other subsidiaries were to be accounted for as investments. Closely held corporations that did not prepare stockholder reports were to report on a basis consistent with their audited or corporation prepared reports. The income tax liability rule was expected to eliminate most foreign operations. However, as the number of multinational corporations increased between 1947 and 1973, foreign operations gradually became more and more significant in the QFR data. Therefore, an interagency task force composed of user agency representatives was created. New consolidation rules were put into effect in the fourth quarter of 1973 to maximize coverage and minimize the impact of foreign operations on QFR statistics (see Consolidation rules). As a result of these changes, foreign operations are included on an investment basis. In addition, the breadth of the new consolidation rules was expanded to include certain domestic subsidiaries previously excluded under the old rules. Also, the rules were clarified with respect to the scope of coverage. Domestic subsidiaries engaged in banking, finance, or insurance are not to be consolidated. The change in consolidation rules and the creation of a line item to reflect equity in earnings from nonconsolidated subsidiaries, significantly lessened the comparability of pre- and post-Q4 1973 reports. QFR internal accounting procedures prior to the rule change required the classification of equity in earnings (losses) as direct credit or charge to retained earnings. Therefore, when a reporting corporation indicated by footnote that its equity in nonconsolidated subsidiary earnings (losses) was included in its current quarter’s income (loss), the QFR accounting staff made the appropriate adjustment. With the addition of the separate line on equity, this adjustment is not made. Equity in earnings (losses) is accounted for as an element of the parent corporation’s quarterly income (loss) after taxes. The treatment of dividend income received from nonconsolidated subsidiaries accounted for by the cost method has remained consistent under both the new and old format. In these instances, dividends received are included in net income before taxes through the nonoperating income line. A comparison of aggregated totals published under both the old and new consolidation rules indicates the following: • There was a net decrease in sales, apparently due to the exclusion of foreign activities previously included.

U.S. Census Bureau

• There was a net decrease in net income before taxes (NIBT) apparently due to two major effects. Equity in earnings (losses) from nonconsolidated subsidiaries is reflected on a designated line below NIBT, whereas prior reports often included this amount in NIBT. If the reporting company did not footnote this inclusion, QFR accountants were unable to make the proper adjustment. If foreign activity was fully consolidated, foreign earnings were also included in NIBT. The new consolidation rules minimize this effect as well. • The net effect of the rule changes on net income after taxes (NIAT) was small. Under both rules, foreign activity should be included above the NIAT line. The slight degree of difference also suggests that the QFR footnoted equity in earnings (losses) on nonconsolidated subsidiaries were not extensive enough to affect comparative published data materially. • Noncurrent assets include investments in nonconsolidated subsidiaries under either the cost or equity method. The rule change precluding full consolidation of foreign activity caused a marked increase in this line item. Corporations that consolidated foreign activity fully up to 1973 were required to eliminate their investment in accordance with generally accepted accounting principles. Since foreign activity is not fully consolidated, investments in these subsidiaries are included in the noncurrent asset line. • Industry classification system changes. The fourth quarter of 2001 reflects the conversion of the QFR to the North American Industry Classification System (NAICS) from the Standard Industrial Classification (SIC) system. With NAICS, there were major changes in how industries are defined requiring the movement of many corporations to different industry categories. The most notable changes are: moving publishing activities from manufacturing to the information sector; moving logging to the agriculture, forestry, fishing, and hunting sector; moving eating and drinking places from retail trade to the accommodation and food services sector; redistributing instruments and related products to several new or redefined manufacturing sectors; and creating the NAICS computer and electronic products manufacturing sector. Data for the fourth quarter of 2000 through the third quarter of 2001 were restated on the new NAICS basis. • Sample design changes. The first sample in this survey was drawn from U.S. Corporation Income Tax Returns (Form 1120) filed with IRS for the taxable year 1943 and was used to produce estimates for 1947 to 1951. A second sample was drawn from income tax returns for the taxable year 1949 and used to produce data for 1951 to 1956. Since then, samples are drawn annually from income tax returns to produce data. Each

sample through fourth-quarter 1982 was supplemented by quarterly samples of applications for a Federal Social Security Employer’s Identification Number filed with the Social Security Administration (SSA). Subsequent to that quarter the QFR lost its authority to obtain the SSA data. From the third-quarter 1977 through the fourth-quarter 1986, the strata including very small manufacturing firms (those with assets less than $250,000) and all newly incorporated manufacturers were estimated using multivariate techniques. Beginning in the firstquarter 1987, the QFR universe of corporations was redefined to exclude these strata. Beginning in the fourth quarter of 1988, the asset level for inclusion in published mining, wholesale trade, and retail trade estimates was raised to $50 million at the time of sample selection. These latter changes to the sample rules were effected to reduce reporting burden on small companies and to meet changing budgeting restraints. Effective with the fourth-quarter 2001 report, cooperatives were defined out of scope of the QFR program. These firms, which are primarily in the manufacturing and wholesale trade food sectors, file 990 - C Farmers’ Cooperative Association tax returns with IRS. Also, even though many are incorporated, they have tax exempt status with IRS. • Questionnaire changes. In 1980, Congress mandated a reduction in both QFR form complexity and sample size. In response, the program adopted an abbreviated form for surveyed corporations with total assets of less than $50 million. Corporations with higher asset values continued to submit the long form, which has been in use since 1974. To accomplish the sample size reduction, the threshold for sampling on less than a 1:1 ratio was raised from $10 million to $25 million in assets. The threshold for sampling was subsequently raised to $50 million in 1988 and to $250 million in 1995. (See Survey Methodology). The resulting reduced sample size was optimally allocated with further cuts made in asset sizes below $10 million. The results of these changes are reflected beginning in the fourth quarter of 1981. Beginning with the first quarter of 1998, the long and short survey forms were updated to conform with changes in accounting principles and to provide more meaningful data to users. The new format provided for reporting of interest expense, bonds and debentures, and more detailed information on significant economic events, such as asset sales and disposal of business segments. Net income before and after tax were redefined to include minority stockholders’ interest. In some instances, old data items were not fully comparable with the new format; however, where possible prior quarter data were restated in the new format. Copies of the long and short survey forms are shown on pages x and xi to assist in comparing data collection vii

U.S. Census Bureau

differences. These survey forms also provide the reader a key to the long to short format conversion. Note that data tables presenting total estimates by NAICS sector, subsector, and industry group are published on the short-form basis; therefore, the more detailed long form data submitted by larger corporations (those with assets of $50 million and over) are collapsed in these tables. Corporations filing the short form, report equity in earnings (losses) of nonconsolidated subsidiaries and foreign branches as a component of all other nonoperating income (expense). Although this treatment will introduce elements of foreign earnings (losses) into income (or loss) before income taxes, the contribution of foreign earnings (losses) of these smaller asset size corporations to this data item has been historically insignificant. Corporations with assets of $50 million and over continue to report equity in earnings (losses) as a separate data item. As can be seen in the conversion table, this data item is collapsed for total estimation into all other nonoperating income (expense). However, since these larger asset size corporations continue to report equity in earnings (losses) separately, as reflected in the tables published for corporations with assets of $25 million and over, comparability with prior data can be achieved through subtraction. SURVEY METHODOLOGY Sampling frame and sample selection. The QFR survey includes manufacturing corporations with total assets of $250,000 and over, and mining, wholesale trade, and retail trade corporations with total assets of $50 million and over. Each year, a QFR sampling frame is built from an annual IRS file of corporate entities which are required to file Form 1120, 1120A, or 1120S. This frame is stratified by industry classification and size of total assets and gross receipts prior to sampling. Nearly all corporations whose operations are within scope of the QFR and have total assets of $250 million and over are included in the sample with certainty and are canvassed every quarter. Simple random samples are selected from the eligible noncertainty units in the remaining industry-by-size strata. The sample in each cell is divided systematically into four panels that are introduced over the next year. Each noncertainty panel is in the survey for eight successive quarters. Each quarter, one noncertainty panel is rotated out and a new panel is rotated into the sample. This means that the noncertainty sample for adjacent quarters is seven-eighths identical; one half of the sample is the same for quarters ending one year apart. See Table J (page xxiv) for the number of active corporations in the sample by assets size. As a result of the Paperwork Reduction Act of 1995, QFR sample units are subject to time in/time out constraints. If a sampled company has less than $50 million in total viii

assets and has been in the survey for eight quarters, that company is not eligible for selection again for the next 10 years. If a company has total assets between $50 million and $250 million and has been in the survey for eight quarters, it is not eligible for selection again for the next 2 years. Because of the time in/time out constraints, it is necessary to evaluate the frame to assure there are enough eligible units for the four panels of the current sample to be selected, and that there will remain enough units on the frame that will be eligible for selection in subsequent years. If there are too few units, the sample size for the current year is reduced to allow enough units for future years’ selections. This adjustment to the optimal sample size results in increased variance for these strata. Sample maintenance. The file received from the IRS to create the QFR frame does not contain all corporate tax returns. This is due to several factors, including but not limited to, corporations filing late tax returns, mergers and acquisitions, spinoffs, corporate restructuring, etc. In an attempt to keep the coverage of certainty corporations as complete as possible, the QFR staff reviews current corporate news releases and public records to identify any potential additions and changes to the QFR target population. Corporations thus identified and thought to meet the QFR in-scope criteria are mailed classification forms. If their response indicates that the corporation meets the QFR in-scope criteria, they will be included in the survey with certainty for the remainder of the year. Estimation. The estimates of total are computed as the sum of weighted data for all responding sample units. The weights in the noncertainty portion are adjusted to account for nonresponse by multiplying the weighted estimate by the ratio of the number of active sample cases divided by the number of respondents. Data for all nonrespondent certainty cases are imputed using procedures that ensure the imputed data are consistent with prior reported data and/or with the other responses. Sampling error. The sample used in this survey is one of many possible samples that could have been selected using the sampling methodology described earlier. Each of these possible samples would likely yield different results. These samples give rise to a distribution of estimates for the unknown population value. A statistical measure of the variability among these estimates is the standard error (SE), which can be estimated from any one sample. The standard error is defined as the square root of the variance. The relative standard error (RSE) of an estimate is the standard error of the estimate divided by the estimate, and is usually expressed as a percent. It provides a measure of the variation of the data relative to the estimate being made. Note that measures of sampling variability, such as the standard error and relative standard error, are estimated from the sample and are also subject to sampling variability. Table K (page xxv) gives the estimates of

U.S. Census Bureau

the relative standard error in percent for the estimates of net sales, depreciation, inventories, and total assets. The estimates of standard errors for income before income taxes are also given in Table K. The relative standard errors presented in Table K can be used to derive the standard error of the estimate. The standard error can be used to derive interval estimates with prescribed levels of confidence that the interval includes the average results of all samples: • Intervals defined by one standard error above and below the sample estimate will contain the true value approximately 68 percent of the time. • Intervals defined by 1.6 standard errors above and below the sample estimate will contain the true value approximately 90 percent of the time. • Intervals defined by two standard errors above and below the sample estimate will contain the true value approximately 95 percent of the time. To illustrate the computations involved in the above confidence statements as related to dollar volume net sales estimates, assume that an estimate of net sales for all manufacturing published in Table 1.0 is $525,000 million for a particular quarter and that the relative standard error for this estimate, as given in Table K, is 0.2 percent. Then the SE is calculated as: SE Xj

Nonsampling error. The relative standard error estimates sampling variation, but does not measure all nonsampling error in the data. Nonsampling error consists of both a variance component and a bias component. Bias is the difference, averaged over all possible samples of the same size and design, between the estimate and the true value being estimated. Nonsampling errors can be attributed to many possible sources: • Coverage error, such as failure to accurately represent all population units in the sample, or the inability to obtain information about all sample cases; • Response errors, possibly due to definitional difficulties or misreporting; • Mistakes in recording or coding the data obtained; • Other errors of coverage, collection, nonresponse, response, processing, or imputing for missing or inconsistent data. These nonsampling errors also occur in complete censuses. Although no direct measures of these errors have been obtained, precautionary steps were taken in all phases of the collection, processing, and tabulation of the data to minimize their influence. Adjustment for seasonal variation. The X-12 ARIMA program is used to derive the factors for adjusting sales and net income after taxes for All Manufacturing, All Durable Manufacturing, and All Nondurable Manufacturing for seasonal variations. Seasonal adjustment of estimates is an approximation based on current and past experiences. Therefore, the adjustment could become less precise because of changes in economic conditions and other elements that introduce significant changes in seasonal patterns.

[

RSE Xj 100

] ( )
*Xj .2 100

$525,000 million

$1,050 million

Therefore, a 90-percent confidence interval is $525,000 million ±1.6($1,050 million) = $525,000 ±$1,680 million, or $523,320 million to $526,680 million. If corresponding confidence intervals were constructed for all possible samples of the same size and design, approximately 90 percent of the intervals would contain the figure obtained from a complete enumeration.

ix
U.S. Census Bureau

x

CONVERSION TABLE FOR INCOME STATEMENT
LONG TO SHORT FORMAT
SHORT FORMAT
[1] [2] [3] [3] [1] [2] Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant and equipment. . . . . . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold and selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [4] [5] Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [6] Provision for current and deferred domestic income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [6] [6] [8] [9] [9] [9] [7] Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [7] INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant and equipment. . . . . . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BALANCE SHEET RATIOS (based on succeeding table) Total current assets to total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. Government and other securities to total current liabilities . . . . . . . . . . . . . . . . . . . . . . Total stockholders’ equity to total debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [4] [5] [5] [5] [5]

LONG FORMAT

Net sales, receipts and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant and equipment. . . . . . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold and selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Income (or loss) from operations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, and minority interest . Nonrecurring items (gain/loss on sale of assets, restructuring costs, and asset writedowns) . . . . . . . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . .

Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Net income (or loss) for quarter. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [8] [9]

Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

INCOME STATEMENT IN RATIO FORMAT

Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant and equipment. . . . . . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Income (or loss) from operations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, and minority interest . Nonrecurring items (gain/loss on sale of assets, restructuring costs, and asset writedowns) Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

OPERATING RATIOS (see explanatory notes)

Annual rate of profit on stockholders’ equity at end of period: Before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

U.S. Census Bureau

Annual rate of profit on total assets: Before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

CONVERSION TABLE FOR BALANCE SHEET
LONG TO SHORT FORMAT
SHORT FORMAT
ASSETS [1] [2] [3] [1] [2] Cash and demand deposits in the United States . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the United States, including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . Total cash on hand and in U.S. banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [3] Other short-term financial investments including marketable and government securities, commercial paper, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. Government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [4] [5] [6] Trade accounts and trade notes receivable (less allowances for doubtful receivables) . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [4] [4] [7] [8] [9] Depreciable and amortizable fixed assets, including construction in progress . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [10] [7] [8] [9] [10] [10] ............. [15] [16] [17] [11] [12] [13] [14] All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................. ............................. accrued expenses . . . . . . . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [18] [19] [20] Long-term debt (due in more than 1 year): a. Loans from banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . ... ... and ... .............. .............. minority .............. Total Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [21] [22] Capital stock and other capital (less treasury stock). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ..... ..... ..... ..... ............ ............ ............ [18] [19] [19] [20] [21] [22] [22] [22] [21] ............ ............ ............ NET WORKING CAPITAL Excess of total current assets over total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SELECTED BALANCE SHEET RATIOS .............. .............. .............. leases and minority .............. [3] [3] [3] [3] [3] [3]

U.S. Census Bureau ASSETS ....................... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [5] [6] ............. ............. investments, . . . . . ............... ............... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [15] [16] [16] [17] [14] [14] . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [11] [12] [12] [17] [13] Short-term debt, original maturity of 1 year or less: a. Loans from banks . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other short-term debt, including commercial paper . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments Installments, due in 1 year or less, on long-term debt: a. Loans from banks . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and ................... Total cash, U.S. Government and other securities . . . . . . Trade accounts and trade notes receivable . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . Short-term debt, including installments on long-term debt . Total current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

LONG FORMAT

Cash and demand deposits in the United States . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the United States, including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . Deposits outside the United States . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: (a) Subject to agreements to sell. . . . . . . . . . . . . . . . . . . . . . . . . (b) Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers . . . . . . . . . . . State and local government securities due in 1 year or less. . . . . . . . . Foreign securities due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances .

Total cash, U.S. Government and other securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. Government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowances for doubtful receivables). . . . . . . . . . .

Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Depreciable and amortizable fixed assets, including construction in progress . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities due in more than 1 year . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term intangibles, etc Total Assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

LIABILITIES AND STOCKHOLDERS’ EQUITY

Short-term debt, original maturity of 1 year or less: a. Loans from banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. Government . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses.

Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt (due in more than 1 year): a. Loans from banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes and capitalized stockholders’ interest in consolidated domestic corporations. . . . . . . . . . . .

Total Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.) Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . .

NET WORKING CAPITAL: Excess of total current assets over total current liabilities. . . . . . . . . . . . . . .

xi

SUMMARY DATA TABLES
Some data in these tables are revised to reflect additional information and/or corrections submitted by respondents subsequent to last quarter’s publication.

xiii
U.S. Census Bureau

TABLE A
Rates of Change in Sales and Profits for Corporations in NAICS Manufacturing, Mining, and Trade, bY Sector, Select Subsectors, and Select Industry Groups
(An electronic version of selected data from this table is available on the internet at http://www.census.gov/csd/qfr/. For further information, contact Customer Services, ACSD, U.S. Census Bureau, Washington, DC 20233, or call 301−457−4100) Sales Industry 4Q 2004 3Q 2005 (million dollars) All manufacturing4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All nondurable manufacturing . . . . . . . . . . . . . . . . . . . . . . Food . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Beverage and tobacco products . . . . . . . . . . . . . . . . . Textile mills and textile product mills. . . . . . . . . . . . . . Apparel and leather products . . . . . . . . . . . . . . . . . . . . Paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Printing and related support activities. . . . . . . . . . . . . Petroleum and coal products . . . . . . . . . . . . . . . . . . . . Chemicals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Basic chemicals, resins, and synthetics5 . . . . . . Pharmaceuticals and medicines5 . . . . . . . . . . . . . All other chemicals5 . . . . . . . . . . . . . . . . . . . . . . . . . Plastics and rubber products . . . . . . . . . . . . . . . . . . . . All durable manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . Wood products . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonmetallic mineral products . . . . . . . . . . . . . . . . . . . . Primary metals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Iron, steel, and ferroalloys5 . . . . . . . . . . . . . . . . . . Nonferrous metals5 . . . . . . . . . . . . . . . . . . . . . . . . . Foundries5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fabricated metal products . . . . . . . . . . . . . . . . . . . . . . Machinery. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Computer and electronic products . . . . . . . . . . . . . . . Computer and peripheral equipment5 . . . . . . . . . Communications equipment5 . . . . . . . . . . . . . . . . . All other electronic products5 . . . . . . . . . . . . . . . . . Electrical equipment, appliances, and components . Transportation equipment . . . . . . . . . . . . . . . . . . . . . . . Motor vehicles and parts5 . . . . . . . . . . . . . . . . . . . Aerospace products and parts5 . . . . . . . . . . . . . . . Furniture and related products. . . . . . . . . . . . . . . . . . . Miscellaneous manufacturing . . . . . . . . . . . . . . . . . . . . All mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All wholesale trade4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All retail trade4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1 2 4

Rate of change 4Q 2005 4Q 2004 to 4Q 2005 (percent) 1,420,841 714,111 114,489 36,876 12,193 22,658 37,777 17,766 272,315 157,552 49,942 64,613 42,997 42,487 706,730 20,078 30,214 49,634 24,054 19,914 5,666 61,010 81,613 143,379 46,195 28,585 68,598 50,470 220,027 154,437 53,019 17,606 32,700 41,400 434,237 466,311 +10 +14 +5 +8
2 2 2 2

3Q 2005 to 4Q 2005

1,288,495 628,295 108,817 34,278 12,045 22,336 37,228 17,353 208,127 149,834 45,125 64,785 39,924 38,275 660,200 18,119 25,507 44,452 23,733 16,212 4,506 56,513 73,225 139,786 44,627 27,035 68,125 47,795 209,678 149,745 50,095 15,036 30,088 33,364 397,986 456,698

1,406,857 722,590 107,314 37,048 12,705 23,010 38,247 17,206 291,063 155,183 48,807 63,272 43,104 40,814 684,267 20,709 33,592 47,507 23,293 18,727 5,487 61,772 81,730 137,691 41,677 27,591 68,423 48,031 203,794 144,341 47,087 17,177 32,263 38,264 419,236 445,043

+1 −1 +7
2 2 2 2 2

+31 +5 +11
2

−6 +2 +2
2 2 2

+8 +11 +7
2

+3
2

+18 +12
2

−10 +4
2

+23 +26 +8 +11 +3 +4
2 2

+6
2 2 2

+4 +11
2 2

+6 +5 +3 +6 +17 +9 +24 +9 +2

+5 +8 +7 +13
2 2

+8 +4 +5

Includes net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries net of foreign taxes. Sampling variability precludes characterizing change. 3 Change from gain to loss or vice versa. 4 Mining, wholesale, and retail trade data represent the quarterly results of companies with total assets over $50 million. Data for manufacturing corporations represent the quarterly results of companies with total assets over $250,000. 5 Included in subsector above.

xiv
U.S. Census Bureau

Income before income taxes1 Rate of change 4Q 2004 3Q 2005 (million dollars) 110,199 61,951 7,252 6,193 159 2,017 334 501 27,314 17,024 631 8,246 8,147 1,158 48,247 738 1,245 4,057 2,458 1,674 −74 2,978 3,999 18,843 8,096 3,223 7,524 7,557 4,211 447 2,904 470 4,149 8,497 11,744 25,910 140,958 85,262 7,819 9,052 694 2,651 2,708 806 31,089 28,532 2,504 20,038 5,990 1,911 55,696 1,129 3,187 3,821 1,876 1,640 305 5,925 6,426 19,530 6,701 4,434 8,394 7,568 2,270 −3,206 3,970 1,127 4,714 12,450 12,249 19,494 125,495 79,800 7,089 7,253 355 2,052 370 515 32,246 28,314 7,397 15,188 5,730 1,605 45,695 961 −893 3,945 2,304 1,284 356 4,004 6,168 20,071 7,845 3,868 8,357 5,599 476 −4,820 3,739 794 4,570 14,352 14,511 23,452 4Q 2005 4Q 2004 to 4Q 2005 3Q 2005 to 4Q 2005 4Q 2004

Income after income taxes1 Rate of change 3Q 2005 (million dollars) −11 −6 −9 −20 −49 −23 −86 −36 +4
2

4Q 2005

4Q 2004 to 4Q 2005

3Q 2005 to 4Q 2005

(percent) +14 +29
2

(percent) 98,522 63,240 5,539 5,890 284 1,338 338 409 26,173 22,030 5,186 11,831 5,013 1,239 35,282 739 35 3,207 1,725 1,183 299 2,748 4,736 13,989 5,997 2,539 5,453 4,821 1,038 −2,951 2,856 620 3,349 11,272 10,452 16,245 +11 +29
2

88,433 49,212 5,334 4,900 123 1,401 433 393 22,150 13,406 910 5,126 7,370 1,073 39,221 541 772 3,624 2,285 1,436 −97 2,197 2,923 13,710 6,596 1,976 5,139 7,038 4,898 1,367 2,954 321 3,196 6,973 8,967 16,999

108,064 65,414 5,278 6,492 554 1,965 1,899 663 24,517 22,139 1,670 17,159 3,310 1,907 42,650 839 2,391 3,029 1,436 1,354 240 4,681 5,340 13,139 4,410 3,253 5,476 6,699 2,145 −2,337 3,369 866 3,520 9,632 8,789 13,076

−9 −3
2

+17 +123
2 2 2

+20 +132
2 2 2

+18 +66 +1072.3 +84 −30 +39 −5
2 3 2

+195 −24 −4 −16 −18
2 3 2

+18 +64 +470 +131 −32
2

−9 −49 −32 −82 −38 +7
2

+211 −31 +51 −35 −17
2

−10
2

−6 −23
3

+23 −22
2

−95 −12 −25 −18
3

−99 +6 +20 −13
2

+34 +54 +7 −3 +20 +11 −26 −89
3

−32
2

+25 +62
2

+3 +17 −13
2

−9 +29
2

−41 −11 +6 +36 −22
2

+29 +69
2

−26 −79 −50 −6 −30
2

−31 −79
3 2

+93
2

−28 −52 −26 −15 −28
2

+69 +24 −9

+15 +18 +20

+62 +17 −4

+17 +19 +24

xv
U.S. Census Bureau

TABLE B
Profits per Dollar of Sales for Corporations in NAICS Manufacturing, Mining, and Trade, by Sector, Select Subsectors, and Select Industry Groups (Cents)
Income before income taxes1 Industry 4Q 2004 8.6 9.9 6.7 18.1 1.3 9.0 0.9 2.9 13.1 11.4 1.4 12.7 20.4 3.0 7.3 4.1 4.9 9.1 10.4 10.3 (1.6) 5.3 5.5 13.5 18.1 11.9 11.0 15.8 2.0 0.3 5.8 3.1 13.8 25.5 3.0 5.7 1Q 2005 9.4 11.8 6.9 17.3 3.5 10.0 4.0 3.5 12.8 18.4 10.1 29.9 11.0 3.1 7.1 6.0 (14.3) 10.8 12.4 9.6 6.7 7.6 6.2 12.4 12.5 15.8 11.0 14.3 2.7 0.2 8.7 6.1 16.1 29.4 2.8 4.3 2Q 2005 10.0 11.2 6.3 23.3 4.2 9.3 5.4 4.5 11.6 15.4 10.0 22.3 11.9 4.8 8.9 7.0 12.2 11.3 9.7 14.3 8.3 9.3 8.4 13.6 16.5 15.4 11.2 16.2 3.3 1.0 8.1 5.6 13.5 33.2 3.3 4.8 3Q 2005 10.0 11.8 7.3 24.4 5.5 11.5 7.1 4.7 10.7 18.4 5.1 31.7 13.9 4.7 8.1 5.4 9.5 8.0 8.1 8.8 5.6 9.6 7.9 14.2 16.1 16.1 12.3 15.8 1.1 (2.2) 8.4 6.6 14.6 32.5 2.9 4.4 4Q 2005 8.8 11.2 6.2 19.7 2.9 9.1 1.0 2.9 11.8 18.0 14.8 23.5 13.3 3.8 6.5 4.8 (3.0) 7.9 9.6 6.4 6.3 6.6 7.6 14.0 17.0 13.5 12.2 11.1 0.2 (3.1) 7.1 4.5 14.0 34.7 3.3 5.0 4Q 2004 6.9 7.8 4.9 14.3 1.0 6.3 1.2 2.3 10.6 8.9 2.0 7.9 18.5 2.8 5.9 3.0 3.0 8.2 9.6 8.9 (2.2) 3.9 4.0 9.8 14.8 7.3 7.5 14.7 2.3 0.9 5.9 2.1 10.6 20.9 2.3 3.7 Income after income taxes1 1Q 2005 7.3 9.3 5.1 12.6 2.9 7.3 3.2 2.7 10.1 14.9 7.3 25.5 8.0 2.6 5.4 4.5 (15.9) 7.9 8.7 7.3 5.7 6.1 5.0 8.8 10.0 11.2 7.2 12.3 2.7 0.9 7.2 4.9 12.0 21.4 1.9 2.9 2Q 2005 7.8 8.7 4.7 19.2 3.1 7.0 3.8 3.9 9.2 11.9 6.8 18.0 9.1 4.1 6.8 5.1 9.0 8.3 7.0 10.7 6.7 7.5 6.6 9.7 12.5 10.8 7.5 14.0 2.7 1.1 6.2 4.2 9.0 25.3 2.3 3.1 3Q 2005 7.7 9.1 4.9 17.5 4.4 8.5 5.0 3.9 8.4 14.3 3.4 27.1 7.7 4.7 6.2 4.1 7.1 6.4 6.2 7.2 4.4 7.6 6.5 9.5 10.6 11.8 8.0 13.9 1.1 (1.6) 7.2 5.0 10.9 25.2 2.1 2.9 4Q 2005 6.9 8.9 4.8 16.0 2.3 5.9 0.9 2.3 9.6 14.0 10.4 18.3 11.7 2.9 5.0 3.7 0.1 6.5 7.2 5.9 5.3 4.5 5.8 9.8 13.0 8.9 7.9 9.6 0.5 (1.9) 5.4 3.5 10.2 27.2 2.4 3.5

All manufacturing2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . All nondurable manufacturing . . . . . . . . . . . . . . . . Food . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Beverage and tobacco products . . . . . . . . . . . Textile mills and textile product mills. . . . . . . . Apparel and leather products . . . . . . . . . . . . . . Paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Printing and related support activities. . . . . . . Petroleum and coal products . . . . . . . . . . . . . . Chemicals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Basic chemicals, resins, and synthetics3 . . . . . . . . . . . . . . . . . . . . . . . . . Pharmaceuticals and medicines3 . . . . . . . All other chemicals3 . . . . . . . . . . . . . . . . . . . Plastics and rubber products . . . . . . . . . . . . . . All durable manufacturing . . . . . . . . . . . . . . . . . . . Wood products . . . . . . . . . . . . . . . . . . . . . . . . . . Nonmetallic mineral products . . . . . . . . . . . . . . Primary metals . . . . . . . . . . . . . . . . . . . . . . . . . . Iron, steel, and ferroalloys3 . . . . . . . . . . . . Nonferrous metals3 . . . . . . . . . . . . . . . . . . . Foundries3 . . . . . . . . . . . . . . . . . . . . . . . . . . . Fabricated metal products . . . . . . . . . . . . . . . . Machinery. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Computer and eletronic products . . . . . . . . . . Computer and peripheral equipment3 . . . Communications equipment3 . . . . . . . . . . . All other electronic products3 . . . . . . . . . . . Electrical equipment, appliances, and components . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation equipment . . . . . . . . . . . . . . . . . Motor vehicles and parts3 . . . . . . . . . . . . . Aerospace products and parts3 . . . . . . . . . Furniture and related products. . . . . . . . . . . . . Miscellaneous manufacturing . . . . . . . . . . . . . . All mining2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All wholesale trade2 . . . . . . . . . . . . . . . . . . . . . . . . . . All retail trade2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1 2

Profit figures include net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes. Mining, wholesale, and retail trade data represent the quarterly results of companies with total assets over $50 million. Data for manufacturing corporations represent the quarterly results of companies with total assets over $250,000. 3 Included in subsector above.

xvi
U.S. Census Bureau

TABLE C
Profits per Dollar of Sales for Corporations in the NAICS Manufacturing Sector, by Size of Total Assets (Cents)
Income before income taxes1 Size of Total Assets 4Q 2004 8.6 0.9 1.8 2.0 2.3 1.7 3.3 3.5 10.9 7.3 0.7 (0.2) 1.7 1.5 0.6 4.4 3.7 9.8 9.9 1.3 4.9 2.4 3.2 3.1 1.8 3.3 11.9 1Q 2005 9.4 6.1 4.5 4.6 2.8 3.0 3.8 4.7 11.4 7.1 6.4 4.8 4.8 2.2 3.0 4.0 4.8 8.4 11.8 5.6 4.1 4.4 3.6 2.9 3.5 4.5 13.9 2Q 2005 10.0 7.0 5.6 5.7 4.4 3.7 5.7 5.8 11.7 8.9 8.0 6.8 7.0 5.7 4.2 5.3 5.8 10.4 11.2 5.0 3.9 3.7 2.5 3.0 6.3 5.8 12.9 3Q 2005 10.0 6.0 5.7 5.5 5.2 4.2 6.6 5.6 11.7 8.1 6.9 6.3 6.8 5.6 5.0 6.1 6.0 9.2 11.8 4.0 4.7 3.4 4.7 3.2 7.2 4.8 13.6 4Q 2005 8.8 1.7 1.9 3.8 3.6 3.4 5.3 4.6 10.8 6.5 1.6 1.4 4.5 5.1 3.2 5.2 5.6 7.7 11.2 1.8 2.5 2.7 1.2 3.8 5.5 3.1 13.3 4Q 2004 6.9 0.5 1.4 1.4 1.8 1.1 2.2 2.3 8.9 5.9 0.4 (0.8) 1.1 0.8 0.1 3.2 2.4 8.1 7.8 0.9 4.5 1.9 2.9 2.3 0.9 2.0 9.6 Income after income taxes1 1Q 2005 7.3 5.6 3.9 3.7 2.1 2.1 2.6 3.0 8.9 5.4 5.8 4.1 3.6 1.5 1.9 2.6 2.9 6.5 9.3 5.1 3.6 3.8 3.0 2.3 2.6 3.2 10.9 2Q 2005 7.8 6.5 4.8 5.0 3.5 2.6 4.3 3.9 9.1 6.8 7.4 6.0 6.1 4.3 2.9 3.6 3.8 7.8 8.7 4.6 3.1 3.1 2.3 2.2 5.3 4.0 10.1 3Q 2005 7.7 5.4 5.0 4.6 4.3 3.4 5.0 4.0 8.9 6.2 6.2 5.6 5.8 4.4 4.0 4.8 4.3 6.9 9.1 3.6 4.0 2.6 4.2 2.5 5.2 3.4 10.4 4Q 2005 6.9 1.3 1.4 2.8 2.4 2.8 4.0 3.0 8.6 5.0 1.2 0.9 3.4 3.7 2.2 4.1 3.8 6.1 8.9 1.6 2.0 1.9 0.5 3.6 4.0 1.7 10.6

All manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Under $5 million . . . . . . . . . . . . . . . . . . . . . . . . . . $5 million to $10 million . . . . . . . . . . . . . . . . . . . . . $10 million to $25 million. . . . . . . . . . . . . . . . . . . . $25 million to $50 million. . . . . . . . . . . . . . . . . . . . $50 million to $100 million. . . . . . . . . . . . . . . . . . . $100 million to $250 million . . . . . . . . . . . . . . . . . $250 million to $1,000 million . . . . . . . . . . . . . . . . $1,000 million and over . . . . . . . . . . . . . . . . . . . . . All durable manufacturing . . . . . . . . . . . . . . . . . . . . . Under $5 million . . . . . . . . . . . . . . . . . . . . . . . . . . $5 million to $10 million . . . . . . . . . . . . . . . . . . . . . $10 million to $25 million. . . . . . . . . . . . . . . . . . . . $25 million to $50 million. . . . . . . . . . . . . . . . . . . . $50 million to $100 million. . . . . . . . . . . . . . . . . . . $100 million to $250 million . . . . . . . . . . . . . . . . . $250 million to $1,000 million . . . . . . . . . . . . . . . . $1,000 million and over . . . . . . . . . . . . . . . . . . . . . All nondurable manufacturing . . . . . . . . . . . . . . . . . . Under $5 million2 . . . . . . . . . . . . . . . . . . . . . . . . . . $5 million to $10 million . . . . . . . . . . . . . . . . . . . . . $10 million to $25 million. . . . . . . . . . . . . . . . . . . . $25 million to $50 million. . . . . . . . . . . . . . . . . . . . $50 million to $100 million. . . . . . . . . . . . . . . . . . . $100 million to $250 million . . . . . . . . . . . . . . . . . $250 million to $1,000 million . . . . . . . . . . . . . . . . $1,000 million and over . . . . . . . . . . . . . . . . . . . . .
1 2 2 2

Profit figures include net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes. Excludes manufacturing corporations with less than $250,000 in total assets at the time of sample selection.

xvii
U.S. Census Bureau

TABLE D
Annual Rates of Profit on Stockholders’ Equity for Corporations in NAICS Manufacturing, Mining, and Trade, by Sector, Select Subsectors, and Select Industry Groups (Percent)
Income before income taxes1 Industry 4Q 2004 19.1 24.0 25.0 29.2 4.4 28.4 2.3 14.6 37.8 17.3 4.0 13.7 36.2 13.4 15.1 14.7 12.7 24.9 39.8 18.6 (6.8) 16.0 12.7 15.4 25.7 12.9 11.5 19.5 7.7 1.4 15.9 10.7 21.9 19.8 20.3 31.3 1Q 2005 20.4 28.0 24.4 25.8 11.7 28.7 10.0 16.9 36.6 28.0 30.2 30.1 20.5 13.7 14.2 21.4 (36.8) 29.5 45.4 18.1 26.0 23.7 13.8 13.3 16.0 16.1 11.0 16.4 10.1 0.9 21.6 21.1 24.4 22.8 18.5 22.1 2Q 2005 23.1 28.0 22.1 37.9 14.5 27.1 14.0 21.6 37.5 23.6 28.6 22.0 24.2 22.3 19.0 28.8 38.3 31.0 34.7 27.8 34.1 30.6 20.5 15.0 21.0 17.2 11.3 20.0 13.2 5.0 22.1 20.5 20.5 26.6 22.0 25.0 3Q 2005 23.1 30.5 26.1 38.1 18.6 33.8 18.6 22.1 38.2 27.1 13.8 30.4 28.4 19.4 16.9 23.1 30.2 20.7 25.8 16.9 20.8 30.2 18.6 15.6 20.5 17.9 12.4 19.3 4.4 (11.2) 21.5 25.1 22.2 27.5 19.6 22.3 4Q 2005 20.4 28.1 23.1 29.7 7.8 25.4 2.6 14.3 39.1 26.7 39.9 22.9 27.1 16.7 13.8 19.1 (8.8) 20.9 31.9 12.8 22.5 20.1 17.7 16.0 23.8 14.9 12.5 14.7 0.9 (17.2) 19.5 17.8 21.0 30.3 23.6 25.9 4Q 2004 15.3 19.0 18.4 23.1 3.4 19.7 2.9 11.5 30.6 13.6 5.8 8.5 32.8 12.4 12.3 10.8 7.9 22.3 37.0 15.9 (8.9) 11.8 9.3 11.2 20.9 7.9 7.9 18.2 9.0 4.3 16.2 7.3 16.9 16.3 15.5 20.6 Income after income taxes1 1Q 2005 15.9 22.0 17.9 18.8 9.7 20.8 7.9 13.1 29.0 22.7 21.7 25.7 14.9 11.7 10.9 16.1 (40.8) 21.5 31.9 13.7 22.1 18.8 11.2 9.5 12.7 11.5 7.1 14.1 10.1 4.1 17.8 16.9 18.1 16.6 12.6 14.8 2Q 2005 17.9 21.9 16.6 31.2 10.8 20.3 9.8 18.4 29.7 18.2 19.4 17.8 18.4 19.2 14.5 20.9 28.2 22.9 25.0 20.7 27.4 24.7 16.1 10.7 15.9 12.1 7.5 17.3 11.0 5.5 16.8 15.7 13.7 20.3 15.6 16.4 3Q 2005 17.7 23.4 17.6 27.3 14.9 25.0 13.0 18.1 30.1 21.1 9.2 26.0 15.7 19.4 12.9 17.2 22.6 16.4 19.8 14.0 16.3 23.9 15.5 10.5 13.5 13.2 8.1 17.1 4.1 (8.2) 18.3 19.3 16.5 21.2 14.1 14.9 4Q 2005 16.0 22.3 18.0 24.1 6.3 16.6 2.4 11.4 31.8 20.7 28.0 17.8 23.7 12.9 10.7 14.7 0.4 17.0 23.9 11.8 18.9 13.8 13.6 11.1 18.2 9.8 8.1 12.7 2.0 (10.5) 14.9 13.9 15.4 23.8 17.0 18.0

All manufacturing2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . All nondurable manufacturing . . . . . . . . . . . . . . . . Food . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Beverage and tobacco products . . . . . . . . . . . Textile mills and textile product mills. . . . . . . . Apparel and leather products . . . . . . . . . . . . . . Paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Printing and related support activities. . . . . . . Petroleum and coal products . . . . . . . . . . . . . . Chemicals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Basic chemicals, resins, and synthetics3 . . . . . . . . . . . . . . . . . . . . . . . . . Pharmaceuticals and medicines3 . . . . . . . All other chemicals3 . . . . . . . . . . . . . . . . . . . Plastics and rubber products . . . . . . . . . . . . . . All durable manufacturing . . . . . . . . . . . . . . . . . . . Wood products . . . . . . . . . . . . . . . . . . . . . . . . . . Nonmetallic mineral products . . . . . . . . . . . . . . Primary metals . . . . . . . . . . . . . . . . . . . . . . . . . . Iron, steel, and ferroalloys3 . . . . . . . . . . . . Nonferrous metals3 . . . . . . . . . . . . . . . . . . . Foundries3 . . . . . . . . . . . . . . . . . . . . . . . . . . . Fabricated metal products . . . . . . . . . . . . . . . . Machinery. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Computer and electronic products . . . . . . . . . Computer and peripheral equipment3 . . . Communications equipment3 . . . . . . . . . . . All other electronic products3 . . . . . . . . . . . Electrical equipment, appliances, and components . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation equipment . . . . . . . . . . . . . . . . . Motor vehicles and parts3 . . . . . . . . . . . . . . . Aerospace products and parts3 . . . . . . . . . . Furniture and related products. . . . . . . . . . . . . Miscellaneous manufacturing . . . . . . . . . . . . . . All mining2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All wholesale trade2 . . . . . . . . . . . . . . . . . . . . . . . . . . All retail trade2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1 2

Profit figures include net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes. Mining, wholesale, and retail trade data represent the quarterly results of companies with total assets over $50 million. Data for manufacturing corporations represent the quarterly results of companies with total assets over $250,000. 3 Included in subsector above.

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U.S. Census Bureau

TABLE E
Annual Rates of Profit on Stockholders’ Equity for Corporations in the NAICS Manufacturing Sector, by Size of Total Assets (Percent)
Income before income taxes1 Size of Total Assets 4Q 2004 19.1 6.4 9.1 8.3 9.5 5.9 9.7 9.0 21.3 15.1 4.8 (1.0) 6.0 5.2 2.0 11.3 8.7 17.2 24.0 9.8 24.0 13.5 17.0 11.6 6.4 9.7 26.0 1Q 2005 20.4 40.5 22.0 19.3 11.0 10.5 10.6 11.9 21.5 14.2 40.9 22.9 17.1 7.7 9.9 10.4 11.5 14.0 28.0 39.6 20.6 24.1 16.8 11.5 11.1 12.8 29.8 2Q 2005 23.1 45.7 30.2 23.9 19.5 13.4 17.6 15.5 23.6 19.0 49.9 34.7 25.3 23.3 14.5 15.3 14.3 18.4 28.0 35.9 22.8 20.5 12.5 11.8 21.6 17.9 29.2 3Q 2005 23.1 37.1 30.5 24.3 22.6 15.8 20.6 14.5 23.8 16.9 41.3 30.4 26.2 21.6 17.0 17.6 14.7 15.9 30.5 27.0 30.6 19.8 24.4 13.8 25.6 14.1 32.1 4Q 2005 20.4 11.0 9.3 16.1 13.7 12.3 16.9 12.3 22.0 13.8 10.0 6.7 16.7 17.9 9.9 14.8 14.1 13.9 28.1 13.2 13.4 14.9 5.3 16.5 20.9 8.8 30.5 4Q 2004 15.3 4.0 6.9 5.9 7.5 3.9 6.5 5.8 17.3 12.3 2.7 (3.8) 3.7 3.0 0.4 8.2 5.7 14.3 19.0 6.8 22.5 10.9 15.2 8.9 3.1 6.0 20.8 Income after income taxes1 1Q 2005 15.9 36.9 19.0 15.3 8.4 7.3 7.3 7.6 16.8 10.9 37.2 19.7 12.9 5.2 6.3 6.8 6.9 10.8 22.0 36.1 17.9 20.7 14.1 9.0 8.1 9.0 23.4 2Q 2005 17.9 42.3 26.3 20.6 15.5 9.5 13.3 10.5 18.2 14.5 46.2 30.9 22.0 17.7 10.0 10.5 9.5 13.9 21.9 33.1 18.5 17.2 11.5 8.6 18.2 12.4 22.9 3Q 2005 17.7 33.5 26.5 20.3 18.5 12.6 15.7 10.2 18.1 12.9 37.1 26.7 22.5 16.8 13.6 14.0 10.3 11.9 23.4 24.4 26.0 15.0 21.7 10.8 18.7 10.0 24.6 4Q 2005 16.0 8.4 6.8 12.1 9.4 9.9 12.9 8.0 17.5 10.7 7.3 4.3 12.8 13.0 6.8 11.6 9.6 11.0 22.3 11.1 11.0 10.5 2.2 15.6 15.3 5.0 24.3

All manufacturing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Under $5 million . . . . . . . . . . . . . . . . . . . . . . . . . . $5 million to $10 million . . . . . . . . . . . . . . . . . . . . . $10 million to $25 million. . . . . . . . . . . . . . . . . . . . $25 million to $50 million. . . . . . . . . . . . . . . . . . . . $50 million to $100 million. . . . . . . . . . . . . . . . . . . $100 million to $250 million . . . . . . . . . . . . . . . . . $250 million to $1,000 million . . . . . . . . . . . . . . . . $1,000 million and over . . . . . . . . . . . . . . . . . . . . . All durable manufacturing . . . . . . . . . . . . . . . . . . . . . Under $5 million . . . . . . . . . . . . . . . . . . . . . . . . . . $5 million to $10 million . . . . . . . . . . . . . . . . . . . . . $10 million to $25 million. . . . . . . . . . . . . . . . . . . . $25 million to $50 million. . . . . . . . . . . . . . . . . . . . $50 million to $100 million. . . . . . . . . . . . . . . . . . . $100 million to $250 million . . . . . . . . . . . . . . . . . $250 million to $1,000 million . . . . . . . . . . . . . . . . $1,000 million and over . . . . . . . . . . . . . . . . . . . . . All nondurable manufacturing . . . . . . . . . . . . . . . . . . Under $5 million2 . . . . . . . . . . . . . . . . . . . . . . . . . . $5 million to $10 million . . . . . . . . . . . . . . . . . . . . . $10 million to $25 million. . . . . . . . . . . . . . . . . . . . $25 million to $50 million. . . . . . . . . . . . . . . . . . . . $50 million to $100 million. . . . . . . . . . . . . . . . . . . $100 million to $250 million . . . . . . . . . . . . . . . . . $250 million to $1,000 million . . . . . . . . . . . . . . . . $1,000 million and over . . . . . . . . . . . . . . . . . . . . .
1 2 2 2

Profit figures include net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes. Excludes manufacturing corporations with less than $250,000 in total assets at the time of sample selection.

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U.S. Census Bureau

TABLE F
Historical Rates of Return for Corporations in the NAICS Manufacturing Sector1
Annual rate of profit on stockholders’ equity (percent) Before taxes 1984 Q1 2 3 4 1985 Q1 2 3 4 1986 Q1 2 3 4 1987 Q1 2 3 4 1988 Q1 2 3 4 1989 Q1 2 3 4 1990 Q1 2 3 4 1991 Q1 2 3 4 1992 Q1 2 3 4 1993 Q1 2 3 4 1994 Q1 2 3 4 ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... 20.0 22.6 17.8 16.4 16.5 17.3 15.4 14.1 14.4 17.7 13.9 13.2 17.2 21.3 21.6 16.7 21.8 24.5 22.3 21.3 21.5 21.4 18.5 13.9 15.5 19.1 15.8 10.3 10.2 12.3 10.3 4.4 (25.7) 16.1 14.0 6.9 4.4 14.4 14.3 12.1 18.6 23.6 23.3 22.2 After taxes 12.5 14.5 11.9 11.0 10.5 10.9 9.9 9.3 9.0 12.2 8.4 8.5 11.2 14.2 14.6 11.4 15.8 17.4 15.9 15.2 15.2 14.6 13.2 11.1 10.8 13.4 11.1 7.0 6.9 8.6 6.5 3.1 (17.5) 11.4 10.4 3.7 4.3 9.7 9.5 8.5 13.1 17.0 16.6 16.2 Profit per dollar of sales (cents) Before taxes 7.5 8.1 6.7 6.1 6.3 6.3 5.8 5.2 5.7 6.8 5.6 5.1 6.8 8.0 8.2 6.1 8.3 8.9 8.3 7.7 8.0 7.5 6.8 5.1 5.9 7.0 5.9 3.7 4.1 4.7 3.9 1.7 (9.6) 5.7 5.1 2.4 1.6 4.9 5.0 4.1 6.6 7.9 8.0 7.5 After taxes 4.7 1995 Q1. . . . . . . . . 5.2 2. . . . . . . . . 4.4 3. . . . . . . . . 4.1 4. . . . . . . . . 4.0 1996 Q1. . . . . . . . . 4.0 2. . . . . . . . . 3.7 3. . . . . . . . . 3.4 4. . . . . . . . . 3.6 1997 Q1. . . . . . . . . 4.7 2. . . . . . . . . 3.4 3. . . . . . . . . 3.3 4. . . . . . . . . 4.4 1998 Q1. . . . . . . . . 5.3 2. . . . . . . . . 5.6 3. . . . . . . . . 4.2 4. . . . . . . . . 6.0 1999 Q1. . . . . . . . . 6.3 2. . . . . . . . . 5.9 3. . . . . . . . . 5.5 4. . . . . . . . . 5.7 2000 Q1. . . . . . . . . 5.1 2. . . . . . . . . 4.9 3. . . . . . . . . 4.1 4. . . . . . . . . 4.1 2001 Q1. . . . . . . . . 4.9 2. . . . . . . . . 4.1 3. . . . . . . . . 2.5 4. . . . . . . . . 2.8 2002 Q1. . . . . . . . . 3.3 2. . . . . . . . . 2.5 3. . . . . . . . . 1.2 4. . . . . . . . . (6.5) 2003 Q1. . . . . . . . . 4.0 2. . . . . . . . . 3.8 3. . . . . . . . . 1.3 4. . . . . . . . . 1.5 2004 Q1. . . . . . . . . 3.3 2. . . . . . . . . 3.3 3. . . . . . . . . 2.9 4. . . . . . . . . 4.6 2005 Q1. . . . . . . . . 5.7 2. . . . . . . . . 5.6 3. . . . . . . . . 5.5 4. . . . . . . . .
2

Year and quarter

Year and quarter

Annual rate of profit on stockholders’ equity (percent) Before taxes 24.4 25.6 22.4 16.4 21.5 24.8 24.8 20.0 23.1 25.3 23.4 18.8 25.9 20.8 22.3 15.9 21.7 25.0 22.8 21.1 24.3 23.7 21.5 13.5 2.6 8.5 4.4 2.5 8.0 14.2 13.0 8.0 16.8 15.9 14.4 15.6 18.4 22.5 21.2 19.1 20.4 23.1 23.1 20.4 After taxes 17.4 18.5 16.0 12.2 15.6 17.7 18.3 15.1 17.0 18.3 16.8 14.7 20.0 14.9 16.5 11.8 15.9 18.2 16.7 15.1 18.0 17.2 15.7 9.1 0.0 5.2 2.1 0.5 5.5 10.2 8.8 5.4 12.6 11.9 10.8 13.2 14.3 17.4 16.2 15.3 15.9 17.9 17.7 16.0

Profit per dollar of sales (cents) Before taxes 8.6 8.9 8.0 5.7 7.9 8.7 8.9 7.2 8.8 9.3 8.8 6.9 10.1 7.7 8.4 5.9 8.4 9.2 8.7 8.0 9.6 9.4 8.7 5.5 1.1 3.6 1.9 1.1 3.6 6.0 5.5 3.3 7.2 7.0 6.3 7.2 8.5 9.8 9.4 8.6 9.4 10.0 10.0 8.8 After taxes 6.2 6.4 5.7 4.3 5.7 6.2 6.6 5.4 6.5 6.8 6.3 5.4 7.8 5.5 6.2 4.4 6.2 6.7 6.3 5.7 7.1 6.8 6.4 3.7 0.0 2.2 0.9 0.2 2.5 4.3 3.7 2.2 5.4 5.3 4.7 6.1 6.6 7.6 7.2 6.9 7.3 7.8 7.7 6.9

1 Data prior to and including third quarter 2000 are on a Standard Industrial Classification basis. Data subsequent are presented on a North American Industry Classification System basis. 2 Rates of return prior to fourth quarter 1997 do not include minority stockholders’ interest in the calculation.

xx
U.S. Census Bureau

TABLE G
Historical Rates of Return for Corporations in the NAICS Mining Sector Total Assets $50 Million and Over1 2
Year and quarter Annual rate of profit on stockholders’ equity (percent) Before taxes 1994 Q1 2 3 4 1995 Q1 2 3 4 1996 Q1 2 3 4 1997 Q1 2 3 4 1998 Q1 2 3 4 1999 Q1 2 3 4 2000 Q1 2 3 4 2001 Q1 2 3 4 2002 Q1 2 3 4 2003 Q1 2 3 4 2004 1Q 2 3 4 2005 1Q 2 3 4 ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... (3.9) 9.2 7.4 1.3 2.8 8.4 (6.1) 4.9 9.3 16.2 16.7 14.2 18.7 13.2 14.1 (0.2) 6.0 3.2 (1.4) (36.0) (4.1) 1.1 10.9 2.3 9.1 19.4 24.8 28.8 30.9 25.7 4.7 (3.1) 3.9 7.0 8.2 (5.0) 16.8 13.8 14.3 7.8 17.6 20.1 19.2 19.8 22.8 26.6 27.5 30.3 After taxes (5.7) 7.2 5.7 1.1 2.4 6.3 (4.2) 3.7 7.0 11.9 15.7 10.8 13.5 9.1 10.4 0.5 3.6 2.7 (0.1) (29.0) (3.6) 0.7 8.5 2.0 7.1 14.9 19.7 24.0 21.0 18.4 3.3 (2.8) 3.7 5.8 6.5 (5.8) 12.9 10.4 10.4 5.3 13.1 14.9 14.1 16.3 16.6 20.3 21.2 23.8 Profit per dollar of sales (cents) Before taxes (3.4) 7.9 6.3 1.1 2.7 7.7 (5.7) 4.4 8.5 14.6 15.4 12.7 18.0 13.5 14.5 (0.2) 6.2 3.2 (1.6) (34.4) (4.3) 1.1 10.3 2.1 8.5 17.9 23.5 24.0 25.4 25.4 5.5 (4.3) 5.9 9.3 11.0 (6.2) 19.7 17.1 18.1 9.9 22.9 25.8 24.2 25.5 29.4 33.2 32.5 34.7 After taxes (5.0) 6.1 4.8 0.9 2.3 5.8 (3.9) 3.3 6.4 10.7 14.5 9.7 13.0 9.3 10.7 0.4 3.7 2.7 (0.2) (27.7) (3.8) 0.7 8.1 1.8 6.5 13.8 18.6 20.0 17.3 18.1 3.9 (3.8) 5.6 7.7 8.7 (7.3) 15.1 12.8 13.2 6.7 16.9 19.1 17.8 20.9 21.4 25.3 25.2 27.2

1 Data prior to and including third quarter 2000 are on a Standard Industrial Classification basis. Data subsequent are presented on a North American Industry Classification System basis. 2 Rates of return prior to fourth quarter 1997 do not include minority stockholders’ interest in the calculation.

xxi
U.S. Census Bureau

TABLE H
Historical Rates of Return for Corporations in the NAICS Wholesale Trade Sector Total Assets $50 Million and Over1 2
Year and quarter Annual rate of profit on stockholders’ equity (percent) Before taxes 1994 Q1 2 3 4 1995 Q1 2 3 4 1996 Q1 2 3 4 1997 Q1 2 3 4 1998 Q1 2 3 4 1999 Q1 2 3 4 2000 Q1 2 3 4 2001 Q1 2 3 4 2002 Q1 2 3 4 2003 Q1 2 3 4 2004 Q1 2 3 4 2005 Q1 2 3 4 ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... 12.1 14.1 1.2 11.3 13.0 14.0 14.2 14.8 16.5 15.8 15.8 15.3 15.5 17.6 19.1 13.9 12.9 14.7 14.9 10.1 12.7 14.8 16.2 12.8 18.1 16.4 16.5 13.5 8.6 12.0 8.8 9.9 12.3 17.1 15.1 13.9 12.1 14.6 16.8 15.0 17.8 23.0 23.0 20.3 18.5 22.0 19.6 23.6 After taxes 8.1 9.3 (3.3) 6.7 8.6 8.7 9.6 9.7 10.6 10.0 10.2 9.1 10.2 11.8 12.5 8.5 7.8 9.4 10.2 6.7 7.8 9.7 11.0 7.3 10.9 10.0 10.0 7.7 4.8 6.7 5.0 5.3 8.1 12.0 9.8 9.0 8.1 9.5 11.9 7.8 13.3 15.9 16.6 15.5 12.6 15.6 14.1 17.0 Profit per dollar of sales (cents) Before taxes 1.6 1.9 0.2 1.4 1.7 1.8 1.9 1.9 2.1 2.0 2.1 2.0 2.1 2.5 2.8 2.0 2.0 2.2 2.2 1.5 2.0 2.3 2.4 1.8 2.6 2.4 2.4 1.9 1.3 1.8 1.4 1.5 2.0 2.7 2.3 2.1 1.9 2.2 2.6 2.2 2.7 3.4 3.5 3.0 2.8 3.3 2.9 3.3 After taxes 1.1 1.2 (0.4) 0.8 1.1 1.1 1.3 1.2 1.4 1.3 1.3 1.2 1.4 1.7 1.8 1.2 1.2 1.4 1.5 1.0 1.2 1.5 1.7 1.0 1.6 1.4 1.5 1.1 0.7 1.0 0.8 0.8 1.3 1.9 1.5 1.4 1.3 1.5 1.8 1.1 2.0 2.3 2.5 2.3 1.9 2.3 2.1 2.4

1 Data prior to and including third quarter 2000 are on a Standard Industrial Classification basis. Data subsequent are presented on a North American Industry Classification System basis. 2 Rates of return prior to fourth quarter 1997 do not include minority stockholders’ interest in the calculation.

xxii
U.S. Census Bureau

TABLE I
Historical Rates of Return for Corporations in the NAICS Retail Trade Sector Total Assets $50 Million and Over1 2
Year and quarter Annual rate of profit on stockholders’ equity (percent) Before taxes 1994 Q1 2 3 4 1995 Q1 2 3 4 1996 Q1 2 3 4 1997 Q1 2 3 4 1998 Q1 2 3 4 1999 Q1 2 3 4 2000 Q1 2 3 4 2001 Q1 2 3 4 2002 Q1 2 3 4 2003 Q1 2 3 4 2004 Q1 2 3 4 2005 Q1 2 3 4 ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... ....................................... 14.9 19.8 19.1 33.5 13.6 16.5 15.7 21.0 12.9 16.7 19.0 25.7 14.6 14.9 17.9 29.4 19.0 24.3 18.6 31.3 19.9 22.0 23.2 32.6 17.9 18.4 15.2 25.5 16.7 15.0 14.7 23.7 19.0 22.3 19.4 25.6 23.1 21.1 20.3 33.9 23.0 26.2 21.5 31.3 22.1 25.0 22.3 25.9 After taxes 8.5 12.7 11.5 20.6 8.7 10.1 9.7 11.5 7.7 10.0 12.0 15.6 8.6 8.8 11.1 18.6 11.5 16.1 10.7 19.3 12.0 13.0 14.3 20.0 10.0 10.6 8.2 15.0 10.1 9.0 8.5 12.7 11.3 14.6 11.9 14.6 16.3 13.6 13.1 19.9 15.0 17.6 14.2 20.6 14.8 16.4 14.9 18.0 Profit per dollar of sales (cents) Before taxes 2.4 3.2 3.1 5.0 2.4 2.7 2.6 3.1 2.2 2.8 3.2 3.9 2.6 2.6 3.1 4.7 3.5 4.4 3.3 5.1 3.7 4.0 4.3 5.5 3.3 3.3 2.8 4.1 3.0 2.7 2.7 3.9 3.6 4.2 3.7 4.5 4.5 4.1 3.9 5.9 4.4 5.0 4.1 5.7 4.3 4.8 4.4 5.0 After taxes 1.4 2.0 1.8 3.1 1.5 1.7 1.6 1.7 1.3 1.7 2.0 2.4 1.5 1.5 2.0 3.0 2.1 2.9 1.9 3.1 2.2 2.4 2.6 3.4 1.9 1.9 1.5 2.4 1.8 1.6 1.6 2.1 2.1 2.7 2.3 2.5 3.2 2.6 2.5 3.5 2.9 3.3 2.7 3.7 2.9 3.1 2.9 3.5

1 Data prior to and including third quarter 2000 are on a Standard Industrial Classification basis. Data subsequent are presented on a North American Industry Classification System basis. 2 Rates of return prior to fourth quarter 1997 do not include minority stockholders’ interest in the calculation.

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TABLE J
Composition of the Sample, by NAICS Sector and Size of Total Assets
Manufacturing1 Size of Total assets Total assets3 Million dollars All asset sizes. . . . . . . . . . . . . . . . . . . . . . . . Under $10 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . $10 million and over . . . . . . . . . . . . . . . . . . . . . . . . $10 million to $25 million. . . . . . . . . . . . . . . . . . . . $25 million to $50 million. . . . . . . . . . . . . . . . . . . . $50 million to $100 million. . . . . . . . . . . . . . . . . . . $100 million to $250 million . . . . . . . . . . . . . . . . . $250 million to $1,000 million . . . . . . . . . . . . . . . . $1,000 million and over . . . . . . . . . . . . . . . . . . . . . 5,813,147 168,565 5,644,582 85,677 69,575 89,409 141,897 420,815 4,837,210 Percent 100 3 97 1 1 2 2 7 83 Wholesale trade2 Total assets3 Million dollars All asset sizes. . . . . . . . . . . . . . . . . . . . . . . . Under $10 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . $10 million and over . . . . . . . . . . . . . . . . . . . . . . . . $10 million to $25 million. . . . . . . . . . . . . . . . . . . . $25 million to $50 million. . . . . . . . . . . . . . . . . . . . $50 million to $100 million. . . . . . . . . . . . . . . . . . . $100 million to $250 million . . . . . . . . . . . . . . . . . $250 million to $1,000 million . . . . . . . . . . . . . . . . $1,000 million and over . . . . . . . . . . . . . . . . . . . . .
1 2 3

Mining2 Number of active corps. in sample4 6,862 3,127 3,735 864 479 443 525 772 652 Total assets3 Million dollars 398,787 5 398,781 214 617 3,465 8,066 33,593 352,828 Percent 100 0 100 0 0 1 2 8 88 Retail trade2 Number of active corps. in sample6 963 27 936 34 84 207 235 256 120 Total assets3 Million dollars 858,610 133 858,477 655 2,956 16,798 24,611 83,895 729,561 Percent 100 0 100 0 0 2 3 10 85 Number of active corps. in sample7 541 17 524 15 32 113 95 151 118 Number of active corps. in sample5 208 2 206 6 7 26 32 57 78

Percent 100 0 100 0 1 5 8 20 66

667,112 320 666,792 1,702 8,514 30,489 54,584 131,405 440,098

Includes manufacturing corporations with total assets $250 thousand and over. Includes mining and trade corporations with total assets $50 million and over. Estimated universe total; figures are rounded and will not necessarily add to totals. 4 Drawn from a universe of approximately 150,000. 5 Drawn from a universe of approximately 400. 6 Drawn from a universe of approximately 1,800. 7 Drawn from a universe of approximately 1,100.

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TABLE K
Sampling Variability for Corporations in NAICS Manufacturing, Mining, and Trade, by Sector, Select Subsectors, and Select Industry Groups
Relative Standard Error in percent1 Industry Net sales All manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All nondurable manufacturing . . . . . . . . . . . . . . . . . . . . . Food . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Beverage and tobacco products . . . . . . . . . . . . . . . . Textile mills and textile product mills . . . . . . . . . . . . Apparel and leather products . . . . . . . . . . . . . . . . . . Paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Printing and related support activities . . . . . . . . . . . Petroleum and coal products . . . . . . . . . . . . . . . . . . Chemicals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Basic chemicals, resins, and synthetics3 . . . . . Pharmaceuticals and medicines3 . . . . . . . . . . . . All other chemicals3 . . . . . . . . . . . . . . . . . . . . . . . Plastics and rubber products. . . . . . . . . . . . . . . . . . . All durable manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . Wood products . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonmetallic mineral products . . . . . . . . . . . . . . . . . . Primary metals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Iron, steel, and ferroalloys3 . . . . . . . . . . . . . . . . . Nonferrous metals3 . . . . . . . . . . . . . . . . . . . . . . . . Foundries3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fabricated metal products . . . . . . . . . . . . . . . . . . . . . Machinery . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Computer and electronic products . . . . . . . . . . . . . . Computer and peripheral equipment3 . . . . . . . . Communications equipment3 . . . . . . . . . . . . . . . All other electronic products3 . . . . . . . . . . . . . . . Electrical equipment, appliances, and components . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation equipment . . . . . . . . . . . . . . . . . . . . . Motor vehicles and parts3 . . . . . . . . . . . . . . . . . . Aerospace products and parts3 . . . . . . . . . . . . . Furniture and related products . . . . . . . . . . . . . . . . . Miscellaneous manufacturing . . . . . . . . . . . . . . . . . . All mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All wholesale trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All retail trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

Standard Error in million dollars2 Total assets 0.1 0.1 0.6 0.2 3.2 1.7 0.5 2.1 0.1 0.2 0.3 0.2 0.5 1.3 0.2 4.8 1.0 0.8 1.1 1.3 2.5 1.0 0.6 0.3 0.4 0.6 0.4 0.6 0.2 0.3 0.2 1.9 1.2 0.0 0.2 0.2 Income before income taxes 709 461 194 46 71 110 70 96 80 343 63 321 103 133 538 289 100 102 47 84 33 192 189 202 63 97 166 107 167 92 67 75 164 10 82 95

Depreciation 0.3 0.4 1.5 0.9 7.1 2.7 0.7 4.1 0.2 0.3 0.5 0.4 0.8 1.9 0.4 4.6 1.8 1.6 1.9 2.3 7.5 2.7 1.2 0.4 0.5 1.0 0.5 2.5 0.4 0.5 0.4 2.9 1.8 0.1 0.3 0.2

Inventories 0.4 0.5 1.4 1.3 3.2 3.1 1.5 5.4 0.5 0.5 0.7 0.7 1.2 1.8 0.5 9.7 1.9 1.4 2.1 1.8 5.1 2.1 1.5 1.0 2.7 3.4 1.1 1.7 0.7 1.0 0.6 4.0 2.5 0.1 0.4 0.4

0.2 0.3 0.9 0.6 3.5 2.8 1.1 3.2 0.3 0.4 0.6 0.5 1.0 1.5 0.3 4.4 1.5 1.0 1.4 1.7 3.7 1.5 1.0 0.6 0.6 1.9 0.9 1.5 0.4 0.4 0.2 3.7 1.9 0.1 0.3 0.2

The Relative Standard Error (RSE) for the item ‘‘Income before income taxes’’ is more volatile than for the other items shown on this table. This is due in part to the fact that ‘‘Income before income taxes’’ can be negative. Aggregation of positive and negative values may result in totals which approach zero and cause the RSE’s to rapidly increase. Therefore, the Standard Error (SE) is provided as a measure of precision for this item and should show consistency from quarter to quarter. For information on the meaning and use of the RSE and SE, see the Survey Methodology Section (page x) in the Introduction. 2 Fourth quarter 2005. 3 Included in subsector above.

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TABLE L
Seasonally Adjusted Net Sales and Net Income After Tax for Corporations in the NAICS Manufacturing Sector1
(Millions of dollars) Industry group and year Q1 All manufacturing: 1994. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1995. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1996. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1997. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1998. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1999. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2000. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2001. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2002. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2003. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2004. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2005. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All nondurable manufacturing: 1994. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1995. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1996. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1997. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1998. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1999. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2000. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2001. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2002. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2003. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2004. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2005. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All durable manufacturing: 1994. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1995. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1996. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1997. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1998. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1999. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2000. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2001. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2002. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2003. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2004. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2005. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

Net sales Q2 Q3 Q4 Q1

Net income after tax Q2 Q3 Q4

784,570 871,356 914,279 965,811 989,980 1,003,196 1,120,607 1,115,917 1,025,510 1,102,740 1,183,075 1,309,593

803,057 872,836 932,772 972,500 981,791 1,026,649 1,128,190 1,094,116 1,049,563 1,074,374 1,222,909 1,342,088

825,282 883,536 948,249 986,668 985,913 1,047,975 1,145,112 1,059,255 1,065,079 1,106,147 1,248,722 1,405,452

841,641 899,641 961,207 995,011 993,415 1,071,247 1,120,268 1,026,888 1,074,905 1,110,286 1,277,167 1,406,487

36,424 52,846 51,311 60,881 74,911 60,200 77,750 616 25,782 59,563 76,889 95,085

41,113 51,878 53,837 61,675 48,824 62,971 70,340 15,324 37,168 48,866 86,105 98,531

45,458 49,380 61,249 61,901 61,224 67,253 74,881 12,382 42,910 55,251 92,085 109,823

52,047 44,189 58,692 60,277 49,679 67,537 47,234 7,765 34,106 73,073 92,737 102,760

387,303 425,660 442,199 463,170 452,439 445,879 507,746 509,094 464,882 542,138 572,285 649,302

394,780 427,748 452,565 456,752 446,248 452,946 514,855 506,354 478,976 514,590 593,742 669,045

405,707 430,849 457,726 461,364 443,671 461,284 527,979 489,034 497,752 533,661 605,749 715,285

409,892 435,783 462,822 463,186 439,440 474,641 502,810 469,654 513,187 523,694 624,184 709,339

18,989 25,873 28,024 33,384 29,767 26,504 37,564 31,814 26,926 43,861 41,212 58,463

19,822 28,199 28,318 30,686 28,466 28,745 38,264 33,663 28,453 33,635 46,915 58,072

22,455 27,600 32,144 30,568 30,988 31,676 37,688 27,757 31,733 30,577 52,380 64,827

26,551 22,236 30,426 28,659 17,518 30,636 28,851 19,033 31,404 40,706 50,951 64,979

397,267 445,696 472,080 502,641 537,541 557,316 612,862 606,824 560,628 560,601 610,789 660,291

408,277 445,088 480,207 515,748 535,543 573,703 613,335 587,762 570,587 559,783 629,167 673,043

419,575 452,687 490,522 525,304 542,242 586,691 617,133 570,221 567,326 572,486 642,973 690,167

431,749 463,858 498,385 531,825 553,976 596,606 617,458 557,233 561,719 586,592 652,983 697,148

17,436 26,973 23,287 27,496 45,144 33,697 40,186 (31,198) (1,145) 15,701 35,677 36,622

21,291 23,678 25,520 30,989 20,358 34,226 32,076 (18,338) 8,715 15,231 39,190 40,459

23,004 21,780 29,104 31,333 30,236 35,577 37,193 (15,374) 11,177 24,674 39,706 44,996

25,496 21,953 28,267 31,618 32,162 36,902 18,383 (11,268) 2,702 32,367 41,786 37,781

The seasonally adjusted estimates presented in this table were derived using a combination of SIC-based and NAICS-based estimates.

NOTE: Seasonally adjusted estimates are the result of removing normal seasonal patterns from an unadjusted data series to bring out underlying trends. The seasonally adjusted estimates are computed using the X-12 ARIMA seasonal adjustment program. Further information on the X-12 ARIMA may be obtained from the Associate Director for Statistical Design, Methodology, and Standards, U.S. Census Bureau, Washington, DC 20233.

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Guide to Quarterly Financial Statistics
Table no. Title ALL MANUFACTURING 1.0 1.1 18.0 18.1 51.0 51.1 52.0 52.1 53.0 53.1 54.0 54.1 55.0 55.1 56.0 56.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Total and with assets under $5 million, $5-$10 million, $10-$25 million. . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $5 million, $5-$10 million, $10-$25 million . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25-$50 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25-$50 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $50-$100 million. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $50-$100 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $100-$250 million. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $100-$250 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $250 million-$1 billion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $250 million-$1 billion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $1 billion and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $1 billion and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ALL NONDURABLE MANUFACTURING 1.0 1.1 19.0 19.1 51.0 51.1 52.0 52.1 53.0 53.1 54.0 54.1 55.0 55.1 56.0 56.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Total and with assets under $5 million, $5-$10 million, $10-$25 million. . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $5 million, $5-$10 million, $10-$25 million . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25-$50 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25-$50 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $50-$100 million. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $50-$100 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $100-$250 million. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $100-$250 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $250 million-$1 billion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $250 million-$1 billion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $1 billion and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $1 billion and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FOOD (NAICS 311) 2.0 2.1 21.0 21.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BEVERAGE AND TOBACCO PRODUCTS (NAICS 312) 2.0 2.1 22.0 22.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . TEXTILE MILLS AND TEXTILE PRODUCT MILLS (NAICS 313 and 314) 3.0 3.1 23.0 23.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . APPAREL AND LEATHER PRODUCTS (NAICS 315 and 316) 3.0 3.1 24.0 24.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 13 88 89 10,11 12,13 86 87 7 9 84 85 6, 7 8, 9 82 83 3 5 74, 75 76, 77 143 145 147 149 151 153 155 157 159 161 163 165 2, 3 4, 5 70, 71 72, 73 142 144 146 148 150 152 154 156 158 160 162 164 Page(s)

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Guide to Quarterly Financial Statistics—Con.
Table no. Title PAPER (NAICS 322) 4.0 4.1 25.0 25.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Total and with assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PRINTING AND RELATED SUPPORT ACTIVITIES (NAICS 323) 4.0 4.1 26.0 26.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PETROLEUM AND COAL PRODUCTS (NAICS 324) 5.0 5.1 27.0 27.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . CHEMICALS (NAICS 325) 5.0 5.1 28.0 28.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BASIC CHEMICALS, RESINS, AND SYNTHETICS (NAICS 3251 and 3252) 6.0 6.1 29.0 29.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PHARMACEUTICALS AND MEDICINES (NAICS 3254) 6.0 6.1 30.0 30.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ALL OTHER CHEMICALS (NAICS 3253, 3255, 3256, and 3259) 7.0 7.1 31.0 31.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PLASTICS AND RUBBER PRODUCTS (NAICS 326) 7.0 7.1 32.0 32.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 29 104 105 26, 27 28, 29 102 103 23 25 100 101 22, 23 24, 25 98 99 19 21 96 97 18, 19 20, 21 94 95 15 17 92 93 14, 15 16, 17 90 91 Page(s)

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Guide to Quarterly Financial Statistics—Con.
Table no. Title ALL DURABLE MANUFACTURING 8.0 8.1 20.0 20.1 51.0 51.1 52.0 52.1 53.0 53.1 54.0 54.1 55.0 55.1 56.0 56.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Total and with assets under $5 million, $5-$10 million, $10-$25 million. . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $5 million, $5-$10 million, $10-$25 million . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25-$50 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25-$50 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $50-$100 million. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $50-$100 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $$100-$250 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $100-$250 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $250 million-$1 billion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $250 million-$1 billion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $1 billion and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $1 billion and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . WOOD PRODUCTS (NAICS 321) 8.0 8.1 33.0 33.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NONMETALLIC MINERAL PRODUCTS (NAICS 327) 9.0 9.1 34.0 34.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PRIMARY METALS (NAICS 331) 9.0 9.1 35.0 35.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . IRON, STEEL, AND FERROALLOYS (NAICS 3311 and 3312) 10.0 10.1 36.0 36.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NONFERROUS METALS (NAICS 3313 and 3314) 10.0 10.1 37.0 37.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FOUNDRIES (NAICS 3315) 11.0 11.1 38.0 38.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FABRICATED METAL PRODUCTS (NAICS 332) 11.0 11.1 39.0 39.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43 45 118 119 42, 43 44, 45 116 117 39 41 114 115 38, 39 40, 41 112 113 35 37 110 111 34, 35 36, 37 108 109 31 33 106 107 30, 31 32, 33 78, 79 80, 81 143 145 147 149 151 153 155 157 159 161 163 165 Page(s)

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Guide to Quarterly Financial Statistics—Con.
Table no. Title MACHINERY (NAICS 333) 12.0 12.1 40.0 40.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . COMPUTER AND ELECTRONIC PRODUCTS (NAICS 334) 12.0 12.1 41.0 41.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . COMPUTER AND PERIPHERAL EQUIPMENT (NAICS 3341) 13.0 13.1 42.0 42.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . COMMUNICATIONS EQUIPMENT (NAICS 3342) 13.0 13.1 43.0 43.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ALL OTHER ELECTRONIC PRODUCTS (NAICS 3343-3346) 14.0 14.1 44.0 44.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ELECTRICAL EQUIPMENT, APPLIANCES, AND COMPONENTS (NAICS 335) 14.0 14.1 45.0 45.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . TRANSPORTATION EQUIPMENT (NAICS 336) 15.0 15.1 46.0 46.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . MOTOR VEHICLES AND PARTS (NAICS 3361-3363) 15.0 15.1 47.0 47.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59 61 134 135 58, 59 60, 61 132 133 55 57 130 131 54, 55 56, 57 128 129 51 53 126 127 50, 51 52, 53 124 125 47 49 122 123 46, 47 48, 49 120 121 Page(s)

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Guide to Quarterly Financial Statistics—Con.
Table no. Title AEROSPACE PRODUCTS AND PARTS (NAICS 3364) 16.0 16.1 48.0 48.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FURNITURE AND RELATED PRODUCTS (NAICS 337) 16.0 16.1 49.0 49.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . MISCELLANEOUS MANUFACTURING (NAICS 339) 17.0 17.1 50.0 50.1 Income Statement—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Total and with assets under $25 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income Statement—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $25 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ALL MINING 57.0 57.1 Income Statement—Assets $50 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $50 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ALL WHOLESALE TRADE 57.0 57.1 Income Statement—Assets $50 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $50 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . WHOLESALE TRADE, DURABLE GOODS (NAICS 421) 57.0 57.1 Income Statement—Assets $50 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $50 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . WHOLESALE TRADE, NONDURABLE GOODS (NAICS 422) 57.0 57.1 Income Statement—Assets $50 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $50 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ALL RETAIL TRADE 58.0 58.1 Income Statement—Assets $50 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $50 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FOOD AND BEVERAGE STORES (NAICS 445) 58.0 58.1 Income Statement—Assets $50 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $50 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . CLOTHING AND GENERAL MERCHANDISE STORES (NAICS 448 and 452) 58.0 58.1 Income Statement—Assets $50 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $50 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ALL OTHER RETAIL TRADE 58.0 58.1 Income Statement—Assets $50 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance Sheet—Assets $50 million and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 171 173 171 173 171 173 170 172 167 169 167 169 167 169 166 168 66, 67 68, 69 140 141 63 65 138 139 62, 63 64, 65 136 137 Page(s)

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FINANCIAL DATA TABLES
Some data in these tables are revised to reflect additional information and/or corrections submitted by respondents subsequent to last quarter’s publication.

1
U.S. Census Bureau

Table 1.0—Income Statement
For Corporations in the NAICS Manufacturing Sector and Nondurable Manufacturing Subsectors
All Manufacturing Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100.0 3.1 91.1 5.8 1.7 4.4 8.6 1.7 6.9 100.0 3.1 90.3 6.6 1.7 4.5 9.4 2.1 7.3 (percent) OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BALANCE SHEET RATIOS (based on succeeding table) Total current assets to total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities to total current liabilities . . . . . . . . . . . . . . . . . . Total stockholders’ equity to total debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.29 0.29 1.82 1.29 0.27 1.81 1.30 0.28 1.83 1.29 0.29 1.89 1.32 0.32 1.95 19.05 15.29 7.96 6.39 20.44 15.90 8.54 6.64 23.07 17.86 9.67 7.49 23.12 17.73 9.66 7.41 20.42 16.03 8.64 6.78 100.0 2.9 90.0 7.1 1.6 4.5 10.0 2.3 7.8 100.0 2.9 90.6 6.6 1.6 5.1 10.0 2.3 7.7 100.0 2.8 91.5 5.7 1.6 4.8 8.8 1.9 6.9 1,288,495 40,486 1,173,436 74,572 21,314 56,941 110,199 21,765 88,433 40,346 48,087 1,206,369 (12,546) 1,241,911 1,268,221 39,338 1,145,534 83,349 20,932 57,336 119,754 26,576 93,178 45,267 47,910 1,248,262 (26,581) 1,269,591 1,370,343 39,188 1,233,787 97,368 21,550 61,841 137,658 31,063 106,595 37,086 69,509 1,273,453 (8,982) 1,333,981 1,406,857 40,422 1,274,122 92,313 22,933 71,578 140,958 32,894 108,064 45,649 62,415 1,319,711 (5,677) 1,376,449 1,420,841 40,414 1,300,067 80,359 22,600 67,737 125,495 26,973 98,522 45,401 53,122 1,391,064 (9,767) 1,434,418 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

2
U.S. Census Bureau

All Manufacturing Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

All Nondurable Manufacturing 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

All Nondurable Manufacturing Total Assets Under $25 Million 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 132,830 3,500 125,754 3,576 1,348 (371) 1,857 563 1,293 3,460 (2,166) 49,211 (278) 46,766 132,195 3,189 120,888 8,118 1,256 223 7,085 898 6,187 4,293 1,894 48,257 (689) 49,462 140,874 3,284 127,323 10,268 1,341 8 8,935 910 8,025 4,824 3,201 46,931 (369) 49,763 141,552 3,274 128,670 9,608 1,432 (4) 8,172 1,023 7,150 4,043 3,106 43,472 49 46,627 144,990 3,473 136,232 5,285 1,379 (534) 3,372 832 2,540 4,331 (1,791) 55,330 (591) 52,948 628,295 19,143 565,782 43,369 10,997 29,579 61,951 12,739 49,212 26,265 22,947 754,392 (2,982) 774,357

(million dollars) 627,673 18,611 557,431 51,632 10,766 33,200 74,066 15,788 58,278 31,164 27,113 774,732 (5,461) 796,384 679,876 18,328 605,505 56,042 11,074 30,913 75,882 16,433 59,448 21,858 37,590 797,117 (3,383) 831,325 722,590 18,726 651,224 52,639 11,513 44,136 85,262 19,848 65,414 31,477 33,937 822,345 (1,681) 854,601 714,111 18,697 648,811 46,603 11,235 44,432 79,800 16,560 63,240 27,754 35,486 858,733 (492) 893,726 49,183 1,275 46,240 1,668 474 31 1,226 192 1,034 1,170 (136) 21,735 (15) 21,585

(million dollars) 48,971 1,194 45,202 2,575 466 273 2,382 265 2,116 1,562 555 21,280 (307) 21,528 51,077 1,186 47,054 2,838 491 (140) 2,207 275 1,932 1,389 543 20,899 (2) 21,440 49,887 1,196 46,114 2,577 545 (49) 1,984 305 1,679 1,477 202 18,538 (18) 18,722 53,956 1,302 50,623 2,031 533 (273) 1,225 265 960 1,422 (462) 22,398 166 22,102

(percent of net sales) 100.0 2.6 94.7 2.7 1.0 (0.3) 1.4 0.4 1.0 100.0 2.4 91.4 6.1 1.0 0.2 5.4 0.7 4.7 (percent) 100.0 2.3 90.4 7.3 1.0 0.0 6.3 0.6 5.7 100.0 2.3 90.9 6.8 1.0 0.0 5.8 0.7 5.1 100.0 2.4 94.0 3.6 1.0 (0.4) 2.3 0.6 1.8 100.0 3.0 90.1 6.9 1.8 4.7 9.9 2.0 7.8

(percent of net sales) 100.0 3.0 88.8 8.2 1.7 5.3 11.8 2.5 9.3 (percent) 100.0 2.7 89.1 8.2 1.6 4.5 11.2 2.4 8.7 100.0 2.6 90.1 7.3 1.6 6.1 11.8 2.7 9.1 100.0 2.6 90.9 6.5 1.6 6.2 11.2 2.3 8.9 100.0 2.6 94.0 3.4 1.0 0.1 2.5 0.4 2.1

(percent of net sales) 100.0 2.4 92.3 5.3 1.0 0.6 4.9 0.5 4.3 (percent) 100.0 2.3 92.1 5.6 1.0 (0.3) 4.3 0.5 3.8 100.0 2.4 92.4 5.2 1.1 (0.1) 4.0 0.6 3.4 100.0 2.4 93.8 3.8 1.0 (0.5) 2.3 0.5 1.8

7.74 5.39 3.05 2.13

28.44 24.84 11.35 9.91

34.34 30.84 14.18 12.73

30.91 27.04 12.79 11.19

12.40 9.34 5.31 4.00

23.95 19.02 9.60 7.63

27.97 22.01 11.33 8.91

27.95 21.90 11.45 8.97

30.47 23.38 12.44 9.54

28.12 22.29 11.81 9.36

15.31 12.91 5.85 4.93

29.11 25.86 10.98 9.76

27.14 23.76 10.28 9.00

25.24 21.36 9.22 7.80

13.86 10.86 5.47 4.28

1.81 0.34 1.13

1.82 0.34 1.17

1.89 0.35 1.20

1.94 0.38 1.19

1.93 0.38 1.29

1.20 0.23 1.46

1.23 0.24 1.47

1.23 0.24 1.52

1.23 0.27 1.59

1.27 0.30 1.68

1.70 0.30 1.01

1.69 0.29 1.00

1.73 0.29 1.00

1.75 0.30 0.93

1.81 0.32 1.08

3
U.S. Census Bureau

Table 1.1—Balance Sheet
For Corporations in the NAICS Manufacturing Sector and Nondurable Manufacturing Subsectors
All Manufacturing Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in U.S. banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including marketable and government securities, commercial paper, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other short-term loans, including commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments. . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital (less treasury stock) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL Excess of total current assets over total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SELECTED BALANCE SHEET RATIOS Total cash, U.S. government and other securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Short-term debt, including installments on long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.9 9.9 8.9 30.6 20.1 4.2 23.8 18.8 58.2 41.8 6.6 10.2 9.2 31.0 19.8 4.4 24.0 18.7 58.2 41.8 6.7 10.4 9.2 31.4 19.6 4.3 24.2 18.5 58.1 41.9 7.2 10.4 9.2 32.1 19.4 4.2 24.8 17.9 58.2 41.8 8.0 10.2 9.2 32.5 19.6 4.1 24.6 17.6 57.7 42.3 377,518 391,558 408,897 423,539 458,046 47,230 86,412 385,560 58,664 31,727 67,115 642,421 1,319,128 266,514 775,904 862,348 3,223,895 1,072,307 1,241,911 2,314,218 5,538,113 54,313 92,566 392,907 65,687 35,591 63,414 642,305 1,346,783 269,818 778,331 873,116 3,268,049 1,074,200 1,269,591 2,343,791 5,611,840 52,231 91,182 406,696 64,291 35,775 65,577 665,464 1,381,216 273,579 782,673 871,384 3,308,852 1,053,306 1,333,981 2,387,287 5,696,138 52,542 93,967 421,333 61,094 34,738 64,745 720,844 1,449,263 272,972 773,792 900,729 3,396,756 1,061,756 1,376,449 2,438,205 5,834,961 48,797 89,757 423,196 60,725 33,580 66,642 710,137 1,432,835 268,015 754,142 899,737 3,354,730 1,023,999 1,434,418 2,458,417 5,813,147 183,241 31,194 214,435 168,658 383,093 549,833 492,391 271,329 1,696,647 2,298,263 99,419 1,286,419 1,111,263 2,730,203 5,538,113 4Q 2004 1Q 2005 (million dollars) 171,030 33,369 204,399 164,740 369,138 573,603 518,993 276,606 1,738,341 2,327,490 99,506 1,313,242 1,113,753 2,759,745 5,611,840 177,899 34,173 212,072 168,990 381,063 594,402 526,563 288,085 1,790,113 2,340,944 99,524 1,322,871 1,117,597 2,788,428 5,696,138 189,701 37,196 226,897 191,260 418,157 607,011 535,405 312,229 1,872,803 2,373,043 100,663 1,340,093 1,133,613 2,828,546 5,834,961 211,250 46,487 257,737 205,472 463,209 590,384 535,937 301,352 1,890,881 2,379,755 101,287 1,342,556 1,138,486 2,783,780 5,813,147 2Q 2005 3Q 2005 4Q 2005

(percent of total assets)

4
U.S. Census Bureau

All Manufacturing Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

All Nondurable Manufacturing 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

All Nondurable Manufacturing Total Assets Under $25 Million 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 23,016 2,484 25,500 4,796 30,296 62,295 56,659 9,889 159,139 194,117 3,679 130,935 66,861 17,155 243,155 23,526 2,268 25,794 4,789 30,583 65,522 58,853 10,011 164,969 197,356 3,870 133,900 67,327 17,394 249,690 23,658 2,156 25,815 5,036 30,851 67,203 58,729 9,767 166,549 200,251 3,649 134,989 68,911 16,660 252,120 25,062 2,628 27,691 5,181 32,872 68,215 58,532 10,339 169,958 200,117 3,761 135,331 68,547 17,067 255,572 25,052 2,661 27,713 5,002 32,715 66,453 58,581 9,430 167,179 61,369 10,937 72,306 53,181 125,488 228,540 198,129 101,662 653,819

(million dollars) 59,693 13,961 73,655 55,377 129,031 233,771 207,746 103,982 674,531 60,763 14,488 75,251 57,576 132,828 241,742 207,659 109,033 691,262 69,160 17,866 87,025 78,478 165,504 247,607 211,233 133,264 757,608 75,588 23,178 98,766 76,169 174,935 238,135 211,191 121,283 745,544 7,071 824 7,895 1,334 9,229 21,082 18,572 3,227 52,110 70,279 1,516 46,029 25,767 5,984 83,861

(million dollars) 7,326 656 7,982 1,218 9,200 22,295 19,446 3,522 54,464 71,647 1,678 46,747 26,578 5,721 86,763 6,971 549 7,520 1,603 9,122 22,384 18,499 3,460 53,464 71,928 1,354 46,715 26,567 5,810 85,841 7,106 635 7,741 1,569 9,310 22,427 18,517 3,442 53,697 72,683 1,347 47,648 26,382 6,021 86,099 7,851 734 8,585 1,367 9,953 22,961 19,735 3,375 56,024 77,152 1,217 50,920 27,449 6,167 89,639

204,286 1,223,884 1,242,233 1,242,139 1,259,879 1,262,272 3,707 59,467 59,279 58,851 59,377 59,503 138,525 663,101 677,682 678,680 686,277 688,990 69,468 620,249 623,830 622,311 632,980 632,785

17,594 1,306,227 1,316,696 1,337,192 1,351,959 1,325,497 254,241 2,580,295 2,615,057 2,650,764 2,742,546 2,703,826

16,317 3,676 36,241 837 8,416 3,968 18,698 88,153 28,853 23,426 6,816 147,248 49,141 46,766 95,908 243,155

17,159 3,341 37,641 935 8,409 4,033 18,987 90,506 28,242 24,331 6,967 150,047 50,180 49,462 99,642 249,690

16,991 3,758 36,912 1,063 8,340 3,887 17,260 88,211 28,665 25,311 5,860 148,047 54,310 49,763 104,073 252,120

17,020 3,258 36,473 1,084 8,488 3,689 17,399 87,410 29,757 26,452 6,209 149,827 59,117 46,627 105,745 255,572

16,399 3,056 35,861 1,140 8,135 3,236 18,611 86,438 28,137 25,277 5,583 55,858 52,948

21,642 58,853 163,175 26,962 14,128 40,898 218,899 544,556 131,662 442,459 426,841 260,420 774,357

25,016 62,443 161,926 31,608 15,412 39,153 210,705 546,262 133,177 443,542 432,747 262,946 796,384

21,401 61,073 173,649 29,981 14,366 41,468 220,087 562,026 133,237 442,600 426,967 254,610 831,325

21,508 61,899 181,631 28,549 14,009 41,499 268,163 617,257 132,295 432,675 441,005 264,713 854,601

18,288 56,243 183,754 26,700 13,217 42,527 247,065 587,795 130,112 414,913 435,906 241,373 893,726

6,509 921 13,182 275 3,255 1,545 4,973 30,660 11,303 8,047 1,814 51,825 10,451 21,585 32,035 83,861

7,071 869 13,928 303 3,369 1,575 5,137 32,253 10,927 9,005 1,849 54,034 11,201 21,528 32,729 86,763

6,469 1,066 13,824 331 3,087 1,349 4,836 30,962 10,881 9,631 1,844 53,318 11,083 21,440 32,523 85,841

6,223 951 13,745 394 3,163 1,184 5,014 30,673 11,710 10,452 1,824 54,659 12,718 18,722 31,440 86,099

6,421 922 13,980 340 3,145 1,102 5,098 31,008 11,158 10,054 2,059 54,280 13,257 22,102 35,359 89,639

145,435 1,545,518 1,555,727 1,564,830 1,623,232 1,568,727

108,806 1,034,777 1,059,330 1,085,934 1,119,314 1,135,099 254,241 2,580,295 2,615,057 2,650,764 2,742,546 2,703,826

70,986

74,463

78,338

82,548

80,741

109,263

128,269

129,236

140,350

157,748

21,449

22,211

22,503

23,023

25,015

(percent of total assets)

(percent of total assets)

(percent of total assets)

12.5 25.6 23.3 65.4 27.5 13.3 36.3 21.5 60.6 39.4

12.2 26.2 23.6 66.1 27.0 13.2 36.2 21.1 60.1 39.9

12.2 26.7 23.3 66.1 27.3 13.1 35.0 21.4 58.7 41.3

12.9 26.7 22.9 66.5 26.8 12.7 34.2 22.0 58.6 41.4

12.9 26.1 23.0 65.8 27.3 12.1 34.0 21.0 57.2 42.8

4.9 8.9 7.7 25.3 24.0 5.3 21.1 22.3 59.9 40.1

4.9 8.9 7.9 25.8 23.9 5.4 20.9 22.1 59.5 40.5

5.0 9.1 7.8 26.1 23.5 5.2 21.2 21.7 59.0 41.0

6.0 9.0 7.7 27.6 23.1 5.1 22.5 20.6 59.2 40.8

6.5 8.8 7.8 27.6 23.4 4.8 21.7 20.2 58.0 42.0

11.0 25.1 22.1 62.1 30.7 14.6 36.6 23.1 61.8 38.2

10.6 25.7 22.4 62.8 30.6 14.9 37.2 23.0 62.3 37.7

10.6 26.1 21.6 62.3 30.9 13.9 36.1 23.9 62.1 37.9

10.8 26.0 21.5 62.4 30.6 13.4 35.6 25.7 63.5 36.5

11.1 25.6 22.0 62.5 30.6 12.9 34.6 23.7 60.6 39.4

5
U.S. Census Bureau

Table 2.0—Income Statement
For Corporations in NAICS Manufacturing Subsector 311 and Subsector 312
Food Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100.0 2.3 91.1 6.7 1.6 1.6 6.7 1.8 4.9 100.0 2.4 91.5 6.2 1.7 2.4 6.9 1.8 5.1 (percent) OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BALANCE SHEET RATIOS (based on succeeding table) Total current assets to total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities to total current liabilities . . . . . . . . . . . . . . . . . . Total stockholders’ equity to total debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.28 0.15 1.03 1.30 0.15 1.08 1.24 0.15 1.09 1.22 0.15 1.07 1.31 0.21 1.12 24.99 18.38 9.12 6.71 24.43 17.93 9.19 6.75 22.05 16.62 8.32 6.27 26.11 17.62 9.63 6.50 23.09 18.04 8.65 6.76 100.0 2.3 91.9 5.9 1.7 2.1 6.3 1.5 4.7 100.0 2.3 91.4 6.3 1.7 2.7 7.3 2.4 4.9 100.0 2.3 91.4 6.3 1.7 1.6 6.2 1.4 4.8 108,817 2,450 99,125 7,242 1,734 1,743 7,252 1,918 5,334 2,220 3,114 96,769 (781) 99,101 105,551 2,486 96,546 6,519 1,743 2,498 7,274 1,935 5,339 2,271 3,068 99,986 (277) 102,777 105,122 2,395 96,557 6,170 1,811 2,235 6,594 1,625 4,969 2,776 2,193 103,864 (549) 105,507 107,314 2,447 98,076 6,791 1,862 2,891 7,819 2,541 5,278 2,208 3,070 102,190 (424) 104,835 114,489 2,589 104,682 7,218 1,926 1,797 7,089 1,550 5,539 2,111 3,428 108,753 (688) 111,492 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

6
U.S. Census Bureau

Food Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Beverage and Tobacco Products 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Beverage and Tobacco Products Total Assets Under $25 Million 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 11,799 211 10,946 642 85 21 578 44 534 327 207 4,082 58 4,347 11,646 191 10,891 564 79 222 707 49 658 613 46 4,960 (36) 4,970 11,260 194 10,817 249 87 (81) 82 51 30 272 (242) 4,953 (65) 4,646 11,392 208 10,865 318 95 (1) 223 59 164 255 (92) 2,531 (208) 2,232 12,528 262 11,713 553 79 (15) 459 53 406 254 151 3,894 (269) 3,776 34,278 1,017 28,344 4,918 1,159 2,434 6,193 1,292 4,900 3,018 1,882 107,093 (48) 108,927

(million dollars) 33,236 1,113 26,561 5,562 997 1,170 5,735 1,553 4,182 2,897 1,285 109,979 (412) 110,851 37,058 1,114 29,767 6,177 1,105 3,568 8,640 1,537 7,104 2,911 4,193 110,574 (408) 114,358 37,048 1,199 29,893 5,955 1,088 4,185 9,052 2,560 6,492 3,121 3,370 114,254 (339) 117,285 36,876 1,022 30,357 5,497 1,097 2,854 7,253 1,363 5,890 3,238 2,652 116,577 (477) 118,752 1,242 44 1,185 14 20 (20) (26) 2 (29) 18 (46) 331 2 287

(million dollars) 1,114 42 1,042 30 24 (2) 4 0 4 24 (20) 173 17 170 1,328 44 1,210 73 22 4 55 4 51 40 11 329 (6) 335 1,154 39 1,059 56 20 4 40 2 38 2 36 86 (13) 108 1,434 48 1,351 36 28 17 25 6 19 14 4 41 (2) 43

(percent of net sales) 100.0 1.8 92.8 5.4 0.7 0.2 4.9 0.4 4.5 100.0 1.6 93.5 4.8 0.7 1.9 6.1 0.4 5.7 (percent) 100.0 1.7 96.1 2.2 0.8 (0.7) 0.7 0.5 0.3 100.0 1.8 95.4 2.8 0.8 0.0 2.0 0.5 1.4 100.0 2.1 93.5 4.4 0.6 (0.1) 3.7 0.4 3.2 100.0 3.0 82.7 14.3 3.4 7.1 18.1 3.8 14.3

(percent of net sales) 100.0 3.3 79.9 16.7 3.0 3.5 17.3 4.7 12.6 (percent) 100.0 3.0 80.3 16.7 3.0 9.6 23.3 4.1 19.2 100.0 3.2 80.7 16.1 2.9 11.3 24.4 6.9 17.5 100.0 2.8 82.3 14.9 3.0 7.7 19.7 3.7 16.0 100.0 3.5 95.4 1.1 1.6 (1.6) (2.1) 0.2 (2.3)

(percent of net sales) 100.0 3.8 93.5 2.7 2.1 (0.2) 0.4 0.0 0.4 (percent) 100.0 3.3 91.1 5.5 1.7 0.3 4.1 0.3 3.9 100.0 3.4 91.7 4.9 1.8 0.4 3.5 0.2 3.3 100.0 3.3 94.2 2.5 1.9 1.2 1.8 0.4 1.3

37.72 34.88 14.56 13.47

42.60 39.67 17.83 16.60

5.34 1.98 2.07 0.77

17.31 12.71 5.64 4.14

26.47 23.40 11.19 9.89

29.17 23.08 10.58 8.37

25.83 18.84 9.91 7.23

37.91 31.16 14.53 11.95

38.05 27.29 15.04 10.78

29.68 24.10 12.07 9.80

(10.70) (11.72) (3.67) (4.02)

1.78 1.68 0.58 0.54

21.46 20.03 7.38 6.88

15.97 15.21 5.75 5.48

9.86 7.37 3.29 2.46

1.60 0.28 1.01

1.85 0.36 1.17

1.84 0.33 1.00

1.68 0.30 0.75

1.92 0.41 1.15

0.94 0.17 1.12

1.02 0.16 1.10

0.97 0.19 1.13

1.05 0.28 1.28

1.06 0.31 1.37

1.53 0.20 0.84

1.60 0.22 0.75

1.70 0.24 0.76

1.58 0.22 0.75

1.51 0.23 0.75

7
U.S. Census Bureau

Table 2.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsector 311 and Subsector 312
Food Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in U.S. banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including marketable and government securities, commercial paper, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other short-term loans, including commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments. . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital (less treasury stock) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL Excess of total current assets over total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SELECTED BALANCE SHEET RATIOS Total cash, U.S. government and other securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Short-term debt, including installments on long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.5 10.4 13.2 30.7 24.6 8.6 23.9 26.7 63.5 36.5 3.5 9.9 13.2 30.2 24.4 8.3 23.2 26.5 62.4 37.6 3.6 9.9 12.7 29.6 24.3 8.9 23.8 25.7 62.2 37.8 3.7 10.4 12.9 30.6 23.9 9.1 25.1 25.4 63.1 36.9 5.2 10.5 12.9 32.0 24.1 8.3 24.5 25.2 62.5 37.5 21,395 22,102 18,348 17,716 24,759 4,733 11,316 26,535 1,939 3,287 8,015 20,303 76,127 28,072 56,774 40,834 201,807 16,993 99,101 116,094 317,902 5,026 10,439 25,138 2,471 2,554 8,283 19,550 73,461 27,398 56,557 39,948 197,363 16,308 102,777 119,085 316,448 4,437 10,854 25,271 2,452 2,532 10,379 19,619 75,545 26,667 54,895 40,133 197,240 14,114 105,507 119,621 316,861 4,460 12,163 27,948 3,030 2,644 10,450 20,819 81,514 26,776 55,687 41,015 204,992 14,973 104,835 119,808 324,800 4,610 11,546 28,760 2,508 2,312 8,606 21,859 80,201 27,592 54,982 42,074 204,849 11,336 111,492 122,828 327,677 6,142 686 6,828 4,387 11,215 33,161 41,866 11,279 97,522 154,824 4,494 81,004 78,314 142,066 317,902 4Q 2004 1Q 2005 (million dollars) 6,092 798 6,890 4,301 11,191 31,369 41,888 11,115 95,563 156,883 4,481 84,118 77,246 143,639 316,448 5,752 705 6,457 4,856 11,313 31,337 40,293 10,950 93,893 155,122 5,017 83,004 77,136 145,833 316,861 5,156 789 5,945 5,956 11,901 33,751 41,775 11,804 99,230 157,208 5,024 84,746 77,486 148,084 324,800 5,762 975 6,738 10,166 16,903 34,266 42,206 11,585 104,960 161,306 5,365 87,701 78,971 143,746 327,677 2Q 2005 3Q 2005 4Q 2005

(percent of total assets)

8
U.S. Census Bureau

Food Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Beverage and Tobacco Products 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Beverage and Tobacco Products Total Assets Under $25 Million 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 1,109 109 1,218 495 1,713 3,468 3,895 763 9,839 11,647 498 7,088 5,058 965 15,862 1,346 129 1,475 470 1,945 3,346 3,897 769 9,957 12,170 460 7,621 5,010 900 15,867 1,185 96 1,281 483 1,764 3,540 3,591 833 9,727 11,718 460 7,067 5,111 910 15,748 1,131 84 1,215 509 1,724 3,504 3,538 746 9,513 12,578 428 7,904 5,102 1,199 15,813 1,448 225 1,672 472 2,145 3,609 3,607 549 9,910 13,468 415 8,352 5,530 965 16,405 3,887 2,190 6,077 2,301 8,377 11,194 16,029 11,342 46,943 76,049 2,597 38,640 40,006 147,199 234,148

(million dollars) 3,399 1,843 5,242 1,751 6,993 11,708 15,828 11,020 45,549 76,618 2,697 39,176 40,139 145,680 231,368 3,669 2,793 6,462 2,653 9,115 12,613 15,821 9,728 47,277 77,440 2,778 40,040 40,178 150,396 237,852 4,242 6,431 10,672 3,163 13,835 11,935 15,998 10,389 52,158 78,223 2,584 40,778 40,029 148,582 240,769 5,433 6,485 11,918 3,573 15,491 10,965 16,311 10,799 53,566 78,165 2,623 41,048 39,740 147,034 240,340 184 2 187 21 208 318 1,008 83 1,617 2,710 55 1,716 1,049 177 2,844

(million dollars) 184 3 187 18 205 335 847 75 1,462 2,800 107 1,681 1,226 210 2,898 185 15 200 17 218 410 830 90 1,548 2,647 139 1,583 1,203 235 2,986 127 27 154 22 176 287 751 70 1,284 2,657 103 1,484 1,276 210 2,770 208 12 220 22 242 383 838 153 1,616 2,701 80 1,542 1,239 205 3,059

1,634 325 2,514 63 611 224 767 6,137 2,239 1,050 312 9,738 1,777 4,347 6,124 15,862

1,344 200 2,380 42 524 99 796 5,385 2,216 1,281 346 9,228 1,669 4,970 6,639 15,867

1,117 239 2,483 72 583 65 730 5,289 1,924 2,156 267 9,636 1,465 4,646 6,112 15,748

1,200 146 2,439 91 614 232 953 5,676 1,930 2,772 287 10,666 2,916 2,232 5,148 15,813

1,149 101 2,478 17 470 186 769 5,170 1,914 2,187 198 9,469 3,160 3,776 6,936 16,405

2,288 5,978 9,538 2,696 2,623 2,340 24,667 50,129 13,754 49,146 36,198 149,227 (24,006) 108,927 84,921 234,148

2,649 8,571 8,285 2,015 2,683 2,563 18,087 44,853 14,862 49,592 33,250 142,557 (22,040) 110,851 88,811 231,368

2,026 7,142 11,126 3,258 2,849 3,126 19,129 48,656 16,303 48,957 32,760 146,676 (23,183) 114,358 91,176 237,852

1,974 3,925 12,715 3,492 2,077 3,237 22,257 49,678 16,521 46,721 32,695 145,615 (22,132) 117,285 95,154 240,769

2,262 3,360 12,641 3,190 1,956 5,048 22,264 50,721 15,605 43,356 32,906 142,589 (21,001) 118,752 97,751 240,340

213 39 400 4 144 21 234 1,054 414 330 70 1,868 689 287 976 2,844

120 14 419 8 110 39 205 914 446 522 78 1,959 769 170 939 2,898

141 35 367 5 109 57 196 910 549 461 40 1,959 691 335 1,026 2,986

139 25 264 9 149 93 136 815 561 359 38 1,772 890 108 998 2,770

169 57 403 7 163 79 191 1,069 510 387 73 2,039 978 43 1,021 3,059

3,702

4,572

4,438

3,837

4,740

(3,186)

696

(1,379)

2,480

2,845

563

548

638

470

547

(percent of total assets)

(percent of total assets)

(percent of total assets)

10.8 21.9 24.6 62.0 31.9 17.6 38.7 20.7 61.4 38.6

12.3 21.1 24.6 62.8 31.6 13.7 33.9 22.0 58.2 41.8

11.2 22.5 22.8 61.8 32.5 12.7 33.6 25.9 61.2 38.8

10.9 22.2 22.4 60.2 32.3 13.9 35.9 29.7 67.4 32.6

13.1 22.0 22.0 60.4 33.7 11.6 31.5 25.0 57.7 42.3

3.6 4.8 6.8 20.0 17.1 5.6 21.4 26.9 63.7 36.3

3.0 5.1 6.8 19.7 17.3 7.1 19.4 27.9 61.6 38.4

3.8 5.3 6.7 19.9 16.9 6.4 20.5 27.4 61.7 38.3

5.7 5.0 6.6 21.7 16.6 4.7 20.6 26.3 60.5 39.5

6.4 4.6 6.8 22.3 16.5 5.3 21.1 24.5 59.3 40.7

7.3 11.2 35.4 56.9 36.9 14.6 37.1 26.2 65.7 34.3

7.1 11.6 29.2 50.5 42.3 9.8 31.5 33.4 67.6 32.4

7.3 13.7 27.8 51.8 40.3 11.5 30.5 33.8 65.6 34.4

6.4 10.3 27.1 46.4 46.1 14.7 29.4 33.2 64.0 36.0

7.9 12.5 27.4 52.8 40.5 15.3 34.9 29.3 66.6 33.4

9
U.S. Census Bureau

Table 3.0—Income Statement
For Corporations in NAICS Manufacturing Subsectors 313 and 314, and Subsectors 315 and 316
Textile Mills and Textile Product Mills Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100.0 3.4 93.9 2.7 1.6 0.2 1.3 0.3 1.0 100.0 3.2 92.1 4.7 1.5 0.3 3.5 0.6 2.9 (percent) OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BALANCE SHEET RATIOS (based on succeeding table) Total current assets to total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities to total current liabilities . . . . . . . . . . . . . . . . . . Total stockholders’ equity to total debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.81 0.21 1.35 1.86 0.22 1.25 1.90 0.24 1.33 1.87 0.23 1.37 2.19 0.32 2.13 4.42 3.40 1.93 1.48 11.72 9.73 4.96 4.12 14.49 10.78 6.28 4.68 18.63 14.88 8.18 6.54 7.80 6.25 4.14 3.31 100.0 3.0 91.0 6.0 1.5 (0.3) 4.2 1.1 3.1 100.0 3.0 90.5 6.5 1.4 0.4 5.5 1.1 4.4 100.0 3.1 92.1 4.8 1.4 (0.6) 2.9 0.6 2.3 12,045 413 11,305 328 192 24 159 37 123 105 17 9,246 124 9,387 12,087 386 11,138 562 179 35 419 71 347 190 157 9,094 (72) 9,179 12,388 368 11,279 741 183 (39) 519 133 386 266 120 9,522 (169) 9,473 12,705 386 11,492 828 180 46 694 140 554 340 215 9,337 58 9,610 12,193 380 11,225 587 165 (68) 355 71 284 146 138 11,613 (73) 11,678 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

10
U.S. Census Bureau

Textile Mills and Textile Product Mills Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Apparel and Leather Products 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Apparel and Leather Products Total Assets Under $25 Million 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 2,816 65 2,729 22 32 2 (9) 5 (14) 42 (56) 1,304 0 1,248 3,323 66 3,158 99 40 19 78 10 68 48 21 1,437 (88) 1,369 3,150 70 2,938 142 42 (9) 90 10 81 57 24 1,485 (110) 1,399 2,979 69 2,766 144 38 (18) 88 13 75 89 (14) 1,148 34 1,168 3,094 73 2,951 70 37 (13) 20 16 4 75 (71) 1,548 23 1,500 22,336 371 20,022 1,943 282 356 2,017 616 1,401 582 820 19,899 18 20,737

(million dollars) 21,121 380 18,903 1,837 295 578 2,120 583 1,537 559 978 20,542 (839) 20,681 22,686 394 20,366 1,926 306 494 2,115 528 1,587 588 999 21,994 (25) 22,968 23,010 398 20,282 2,330 316 637 2,651 686 1,965 547 1,419 21,688 (368) 22,738 22,658 405 20,514 1,739 308 621 2,052 715 1,338 539 799 22,385 (357) 22,826 5,280 57 5,011 211 41 16 187 19 168 140 29 1,543 (37) 1,535

(million dollars) 4,580 46 4,194 341 40 (8) 293 14 279 162 117 1,303 32 1,453 6,014 60 5,603 351 49 (2) 300 31 269 236 33 1,744 106 1,882 4,755 46 4,343 366 58 (30) 278 26 252 182 70 1,863 28 1,960 4,901 51 4,730 120 51 (24) 45 24 22 204 (182) 2,249 66 2,133

(percent of net sales) 100.0 2.3 96.9 0.8 1.2 0.1 (0.3) 0.2 (0.5) 100.0 2.0 95.0 3.0 1.2 0.6 2.3 0.3 2.0 (percent) 100.0 2.2 93.3 4.5 1.3 (0.3) 2.9 0.3 2.6 100.0 2.3 92.8 4.8 1.3 (0.6) 3.0 0.4 2.5 100.0 2.4 95.4 2.3 1.2 (0.4) 0.6 0.5 0.1 100.0 1.7 89.6 8.7 1.3 1.6 9.0 2.8 6.3

(percent of net sales) 100.0 1.8 89.5 8.7 1.4 2.7 10.0 2.8 7.3 (percent) 100.0 1.7 89.8 8.5 1.3 2.2 9.3 2.3 7.0 100.0 1.7 88.1 10.1 1.4 2.8 11.5 3.0 8.5 100.0 1.8 90.5 7.7 1.4 2.7 9.1 3.2 5.9 100.0 1.1 94.9 4.0 0.8 0.3 3.5 0.4 3.2

(percent of net sales) 100.0 1.0 91.6 7.4 0.9 (0.2) 6.4 0.3 6.1 (percent) 100.0 1.0 93.2 5.8 0.8 0.0 5.0 0.5 4.5 100.0 1.0 91.3 7.7 1.2 (0.6) 5.9 0.5 5.3 100.0 1.0 96.5 2.5 1.0 (0.5) 0.9 0.5 0.4

(2.00) (3.12) (0.66) (1.04)

15.62 13.65 4.80 4.19

17.86 15.97 5.70 5.09

20.04 17.07 5.56 4.73

3.35 0.60 1.30 0.23

28.37 19.71 13.90 9.66

28.74 20.83 14.15 10.26

27.06 20.30 13.59 10.19

33.78 25.04 17.10 12.68

25.40 16.56 13.32 8.68

36.66 33.02 11.15 10.04

51.03 48.59 17.06 16.24

46.82 42.01 16.51 14.81

42.71 38.75 16.48 14.95

6.30 3.02 2.60 1.25

1.66 0.21 0.79

1.72 0.20 0.67

1.83 0.22 0.70

1.59 0.19 0.58

1.80 0.20 0.99

2.15 0.40 1.97

2.19 0.37 2.00

2.14 0.37 2.11

2.12 0.33 2.11

2.22 0.40 2.26

1.78 0.28 0.77

1.82 0.30 0.91

1.75 0.28 0.97

1.96 0.35 1.10

1.99 0.37 1.16

11
U.S. Census Bureau

Table 3.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsectors 313 and 314, and Subsectors 315 and 316
Textile Mills and Textile Product Mills Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in U.S. banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including marketable and government securities, commercial paper, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other short-term loans, including commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments. . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital (less treasury stock) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL Excess of total current assets over total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SELECTED BALANCE SHEET RATIOS Total cash, U.S. government and other securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Short-term debt, including installments on long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.5 16.0 21.5 46.8 29.3 9.1 25.9 23.1 56.4 43.6 5.7 17.2 22.6 48.9 29.1 9.2 26.3 24.8 57.7 42.3 6.1 16.4 22.0 48.1 29.8 7.8 25.3 24.9 56.6 43.4 6.0 16.7 21.0 47.8 30.0 7.5 25.6 24.6 56.1 43.9 6.7 14.8 21.0 46.4 28.9 4.5 21.2 20.3 47.0 53.0 6,924 7,604 7,539 7,550 8,641 1,096 91 3,138 108 811 1,023 2,291 8,558 4,165 3,476 2,452 18,652 5,039 9,387 14,426 33,078 1,175 117 3,292 143 765 1,030 2,365 8,888 4,195 4,161 2,208 19,452 5,101 9,179 14,280 33,732 1,019 218 3,235 174 533 804 2,378 8,361 4,450 3,762 2,126 18,700 4,853 9,473 14,326 33,026 880 226 3,294 155 589 834 2,695 8,674 4,561 3,785 2,014 19,034 5,294 9,610 14,903 33,937 659 158 2,924 144 587 145 2,649 7,267 3,708 3,273 1,880 16,128 6,510 11,678 18,188 34,316 765 178 943 866 1,809 5,306 7,102 1,264 15,482 26,775 315 17,401 9,689 7,907 33,078 4Q 2004 1Q 2005 (million dollars) 810 122 932 982 1,913 5,796 7,620 1,162 16,492 26,585 408 17,185 9,808 7,432 33,732 938 181 1,119 880 1,999 5,423 7,276 1,202 15,900 26,320 300 16,776 9,844 7,282 33,026 838 147 985 1,049 2,033 5,661 7,135 1,394 16,224 26,206 356 16,395 10,167 7,547 33,937 1,051 114 1,165 1,137 2,301 5,081 7,215 1,310 15,907 25,556 303 15,941 9,918 8,491 34,316 2Q 2005 3Q 2005 4Q 2005

(percent of total assets)

12
U.S. Census Bureau

Textile Mills and Textile Product Mills Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Apparel and Leather Products 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Apparel and Leather Products Total Assets Under $25 Million 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 259 126 385 79 463 1,495 1,500 156 3,614 4,635 46 3,300 1,381 281 5,276 376 111 488 17 505 1,741 1,845 221 4,311 5,266 157 3,445 1,979 203 6,493 372 112 483 8 491 1,501 1,809 247 4,048 5,586 60 3,603 2,043 258 6,349 357 93 450 24 474 1,476 1,620 324 3,894 5,311 113 3,241 2,183 279 6,356 362 65 427 25 452 1,464 1,935 250 4,101 5,201 57 3,495 1,763 294 6,159 4,128 133 4,261 1,424 5,685 9,970 12,065 2,604 30,324 18,204 400 11,096 7,508 20,224 58,056

(million dollars) 3,994 9 4,002 1,290 5,292 10,871 12,590 2,973 31,726 18,421 413 11,228 7,606 20,614 59,946 4,162 63 4,225 1,461 5,687 10,457 13,390 3,142 32,676 18,778 466 11,155 8,089 21,497 62,262 3,617 13 3,630 1,494 5,124 11,332 13,530 2,804 32,790 18,028 368 10,819 7,577 21,645 62,013 3,732 0 3,733 2,048 5,781 10,373 13,679 2,401 32,234 18,633 375 11,283 7,724 21,699 61,657 643 133 776 78 855 2,026 2,317 303 5,501 3,029 36 2,137 928 273 6,702

(million dollars) 754 9 763 154 917 2,094 2,211 344 5,566 2,946 48 2,011 983 317 6,865 570 63 632 256 889 2,179 2,141 373 5,582 3,399 37 2,167 1,269 410 7,261 710 13 723 299 1,022 2,063 2,219 336 5,640 2,441 19 1,696 763 352 6,755 767 0 767 290 1,057 1,965 2,343 303 5,668 2,811 30 1,875 965 332 6,965

433 8 850 14 329 222 315 2,171 722 499 133 3,526 502 1,248 1,751 5,276

571 33 1,018 15 307 201 366 2,511 938 923 127 4,499 624 1,369 1,993 6,493

403 98 930 21 259 165 341 2,218 1,389 561 155 4,323 626 1,399 2,025 6,349

401 96 1,009 34 305 197 411 2,454 1,418 617 105 4,594 594 1,168 1,762 6,356

503 47 835 35 359 76 417 2,273 952 457 95 3,777 882 1,500 2,381 6,159

1,558 261 5,661 430 531 594 5,101 14,135 4,218 7,304 3,959 29,617 7,702 20,737 28,439 58,056

1,684 271 5,570 598 427 622 5,301 14,474 4,231 7,508 4,218 30,430 8,835 20,681 29,516 59,946

1,744 468 5,752 584 313 784 5,619 15,264 4,134 7,372 4,232 31,002 8,293 22,968 31,260 62,262

2,241 392 5,564 761 627 660 5,189 15,432 3,900 7,039 4,245 30,617 8,657 22,738 31,395 62,013

1,892 530 5,186 500 673 682 5,081 14,544 3,719 6,793 4,285 29,341 9,490 22,826 32,316 61,657

890 71 1,426 11 189 37 460 3,083 644 828 108 4,663 504 1,535 2,038 6,702

823 23 1,440 8 227 31 502 3,053 590 840 88 4,571 842 1,453 2,295 6,865

873 73 1,476 13 174 60 516 3,186 516 948 50 4,701 679 1,882 2,561 7,261

852 35 1,215 21 261 18 484 2,885 602 599 63 4,149 646 1,960 2,606 6,755

922 123 1,113 33 203 50 403 2,847 418 765 58 4,088 745 2,133 2,878 6,965

1,443

1,800

1,830

1,440

1,828

16,189

17,252

17,412

17,358

17,690

2,418

2,512

2,395

2,755

2,821

(percent of total assets)

(percent of total assets)

(percent of total assets)

8.8 28.3 28.4 68.5 26.2 18.8 41.2 23.1 66.8 33.2

7.8 26.8 28.4 66.4 30.5 17.1 38.7 28.7 69.3 30.7

7.7 23.6 28.5 63.8 32.2 14.6 34.9 30.7 68.1 31.9

7.5 23.2 25.5 61.3 34.3 15.7 38.6 32.0 72.3 27.7

7.3 23.8 31.4 66.6 28.6 16.0 36.9 22.9 61.3 38.7

9.8 17.2 20.8 52.2 12.9 5.1 24.3 19.8 51.0 49.0

8.8 18.1 21.0 52.9 12.7 5.0 24.1 19.6 50.8 49.2

9.1 16.8 21.5 52.5 13.0 5.3 24.5 18.5 49.8 50.2

8.3 18.3 21.8 52.9 12.2 6.3 24.9 17.6 49.4 50.6

9.4 16.8 22.2 52.3 12.5 6.1 23.6 17.0 47.6 52.4

12.8 30.2 34.6 82.1 13.8 17.7 46.0 22.0 69.6 30.4

13.4 30.5 32.2 81.1 14.3 16.1 44.5 20.8 66.6 33.4

12.2 30.0 29.5 76.9 17.5 16.3 43.9 20.2 64.7 35.3

15.1 30.5 32.8 83.5 11.3 17.3 42.7 17.8 61.4 38.6

15.2 28.2 33.6 81.4 13.9 18.6 40.9 17.0 58.7 41.3

13
U.S. Census Bureau

Table 4.0—Income Statement
For Corporations in NAICS Manufacturing Subsector 322 and Subsector 323
Paper Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100.0 5.9 90.1 4.0 3.4 0.3 0.9 (0.3) 1.2 100.0 5.0 88.8 6.2 2.9 0.8 4.0 0.9 3.2 (percent) OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BALANCE SHEET RATIOS (based on succeeding table) Total current assets to total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities to total current liabilities . . . . . . . . . . . . . . . . . . Total stockholders’ equity to total debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.42 0.17 0.86 1.37 0.11 0.87 1.39 0.16 0.88 1.41 0.17 0.89 1.42 0.18 0.90 2.26 2.93 0.76 0.99 10.04 7.86 3.43 2.68 14.01 9.80 4.75 3.32 18.57 13.02 6.37 4.47 2.61 2.38 0.89 0.81 100.0 4.6 85.5 9.9 2.5 (2.0) 5.4 1.6 3.8 100.0 5.0 86.5 8.4 2.4 1.1 7.1 2.1 5.0 100.0 5.1 90.3 4.6 2.6 (1.1) 1.0 0.1 0.9 37,228 2,202 33,530 1,495 1,272 111 334 (98) 433 1,008 (575) 28,566 (28) 27,963 37,280 1,860 33,119 2,301 1,090 293 1,503 327 1,176 745 432 27,789 1,769 29,990 37,992 1,758 32,467 3,768 952 (760) 2,056 617 1,439 823 616 29,055 (46) 29,625 38,247 1,918 33,100 3,230 924 402 2,708 809 1,899 839 1,060 29,997 266 31,323 37,777 1,917 34,111 1,749 981 (398) 370 32 338 769 (431) 31,560 55 31,183 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

14
U.S. Census Bureau

Paper Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

Printing and Related Support Activities 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

Printing and Related Support Activities Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 3,090 80 2,947 64 31 68 101 11 90 41 49 1,035 34 1,118 2,959 81 2,787 91 29 0 62 17 45 30 15 964 (61) 918 3,362 96 3,171 95 42 10 63 13 50 30 20 237 (31) 226 3,501 99 3,224 177 50 5 133 20 113 50 63 89 (10) 142 3,039 89 2,975 (24) 45 0 (69) 16 (85) 27 (112) 56 40 (16) 17,353 747 15,622 984 348 (134) 501 108 393 191 203 7,081 36 7,320

(million dollars) 16,667 717 14,867 1,084 331 (170) 583 131 452 337 114 7,528 (39) 7,604 16,640 697 14,752 1,191 338 (98) 754 112 642 382 259 7,898 8 8,165 17,206 709 15,246 1,250 366 (78) 806 143 663 336 327 8,285 309 8,921 17,766 669 15,995 1,102 345 (242) 515 106 409 375 35 9,024 90 9,149 8,221 361 7,646 214 114 (27) 72 35 37 100 (62) 3,973 (2) 3,909

(million dollars) 8,004 332 7,270 402 98 3 308 27 281 147 134 4,162 (93) 4,203 8,054 315 7,282 457 90 (23) 344 33 310 294 16 4,531 73 4,620 8,295 317 7,480 497 105 21 413 41 373 236 137 4,801 131 5,069 8,895 281 8,310 304 94 (143) 67 28 38 232 (194) 4,928 219 4,953

(percent of net sales) 100.0 2.6 95.4 2.1 1.0 2.2 3.3 0.4 2.9 100.0 2.7 94.2 3.1 1.0 0.0 2.1 0.6 1.5 (percent) 100.0 2.9 94.3 2.8 1.3 0.3 1.9 0.4 1.5 100.0 2.8 92.1 5.1 1.4 0.1 3.8 0.6 3.2 100.0 2.9 97.9 (0.8) 1.5 0.0 (2.3) 0.5 (2.8) 100.0 4.3 90.0 5.7 2.0 (0.8) 2.9 0.6 2.3

(percent of net sales) 100.0 4.3 89.2 6.5 2.0 (1.0) 3.5 0.8 2.7 (percent) 100.0 4.2 88.7 7.2 2.0 (0.6) 4.5 0.7 3.9 100.0 4.1 88.6 7.3 2.1 (0.5) 4.7 0.8 3.9 100.0 3.8 90.0 6.2 1.9 (1.4) 2.9 0.6 2.3 100.0 4.4 93.0 2.6 1.4 (0.3) 0.9 0.4 0.5

(percent of net sales) 100.0 4.1 90.8 5.0 1.2 0.0 3.8 0.3 3.5 (percent) 100.0 3.9 90.4 5.7 1.1 (0.3) 4.3 0.4 3.9 100.0 3.8 90.2 6.0 1.3 0.3 5.0 0.5 4.5 100.0 3.2 93.4 3.4 1.1 (1.6) 0.7 0.3 0.4

21.00 18.63 6.96 6.18

12.66 9.19 4.10 2.98

19.14 15.08 3.95 3.11

37.43 31.79 8.33 7.07

(21.73) (26.62) (4.81) (5.89)

14.59 11.45 4.43 3.48

16.89 13.09 5.11 3.96

21.62 18.41 6.52 5.55

22.05 18.14 6.84 5.63

14.28 11.35 4.48 3.56

5.68 2.95 1.92 1.00

23.36 21.30 8.35 7.62

25.47 23.00 9.58 8.65

27.64 24.93 11.06 9.98

4.61 2.65 1.78 1.02

1.36 0.18 0.85

1.33 0.22 0.86

1.14 0.17 0.45

1.16 0.17 0.50

1.19 0.19 0.50

1.28 0.21 0.79

1.31 0.19 0.76

1.30 0.19 0.75

1.33 0.21 0.78

1.31 0.21 0.80

1.61 0.34 0.76

1.58 0.31 0.83

1.66 0.32 0.92

1.77 0.36 1.03

1.68 0.33 1.02

15
U.S. Census Bureau

Table 4.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsector 322 and Subsector 323
Paper Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in U.S. banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including marketable and government securities, commercial paper, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other short-term loans, including commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments. . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital (less treasury stock) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL Excess of total current assets over total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SELECTED BALANCE SHEET RATIOS Total cash, U.S. government and other securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Short-term debt, including installments on long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.6 8.0 7.8 21.8 42.6 3.2 15.3 36.0 66.3 33.7 1.7 8.4 8.1 21.5 41.8 3.7 15.7 35.5 65.9 34.1 2.6 8.7 8.1 22.7 41.1 3.7 16.4 35.0 66.1 33.9 2.7 8.8 8.2 23.1 41.7 3.7 16.4 34.9 65.7 34.3 3.1 8.7 8.3 24.2 42.5 3.8 17.0 34.1 65.9 34.1 11,409 10,149 10,929 11,380 11,942 1,167 1,842 9,746 710 904 1,733 10,747 26,850 18,303 44,796 26,196 116,144 31,170 27,963 59,134 175,278 1,385 2,138 9,780 961 956 1,970 10,435 27,625 18,886 43,363 25,643 115,516 29,913 29,990 59,903 175,419 1,451 1,680 10,055 1,282 1,037 2,299 10,583 28,386 18,558 42,034 25,569 114,547 29,066 29,625 58,692 173,238 1,267 1,690 9,911 859 1,008 2,293 10,819 27,847 18,997 40,280 24,525 111,650 27,005 31,323 58,328 169,978 1,108 1,867 10,555 783 1,019 2,371 10,547 28,251 18,247 38,495 24,703 109,696 25,541 31,183 56,724 166,421 1,698 1,083 2,781 1,819 4,600 13,955 13,693 6,011 38,259 135,662 10,054 70,994 74,721 62,297 175,278 4Q 2004 1Q 2005 (million dollars) 1,580 331 1,911 1,001 2,912 14,737 14,183 5,941 37,774 135,305 9,977 71,894 73,389 64,257 175,419 1,494 832 2,327 2,205 4,532 15,158 14,030 5,596 39,316 133,683 9,556 72,049 71,190 62,733 173,238 1,644 751 2,395 2,224 4,619 14,921 13,950 5,738 39,227 135,677 9,631 74,505 70,802 59,948 169,978 2,037 1,400 3,436 1,700 5,136 14,463 13,862 6,733 40,194 136,378 9,531 75,232 70,677 55,550 166,421 2Q 2005 3Q 2005 4Q 2005

(percent of total assets)

16
U.S. Census Bureau

Paper Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

Printing and Related Support Activities 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

Printing and Related Support Activities Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 358 75 433 19 452 1,620 953 322 3,346 4,994 63 3,082 1,975 488 5,809 457 92 549 56 604 1,595 946 475 3,620 5,177 63 3,211 2,029 359 6,009 459 43 502 65 567 1,777 1,130 297 3,771 5,915 92 3,745 2,263 349 6,383 399 48 448 62 510 1,696 1,137 234 3,576 6,138 179 4,005 2,312 495 6,383 383 33 416 90 506 1,374 959 271 3,110 5,759 97 3,694 2,161 483 5,754 2,493 97 2,590 279 2,869 9,440 3,649 1,374 17,331 39,317 421 24,476 15,262 12,638 45,231

(million dollars) 1,872 91 1,963 443 2,406 9,396 3,807 1,321 16,930 39,672 456 25,089 15,039 13,655 45,624 2,003 16 2,019 308 2,328 8,726 3,646 1,311 16,010 39,381 432 24,794 15,019 15,196 46,226 2,233 51 2,284 328 2,612 9,222 3,780 1,379 16,993 39,919 412 25,368 14,962 15,163 47,119 2,287 78 2,365 306 2,671 9,011 3,568 1,388 16,639 40,803 397 26,169 15,030 14,284 45,952 1,388 55 1,442 204 1,646 3,867 1,623 563 7,698 18,278 156 11,997 6,437 857 14,992

(million dollars) 1,154 86 1,240 246 1,486 4,045 1,708 451 7,690 18,373 190 12,371 6,192 863 14,745 1,288 12 1,300 159 1,459 3,934 1,530 535 7,457 17,548 135 11,740 5,943 942 14,342 1,478 42 1,520 121 1,640 4,165 1,620 611 8,038 17,891 112 12,196 5,808 1,106 14,952 1,444 63 1,507 72 1,579 4,144 1,591 680 7,994 18,542 101 12,841 5,802 1,177 14,973

510 127 1,163 20 205 78 362 2,465 746 592 81 3,884 807 1,118 1,925 5,809

540 49 1,236 69 295 110 417 2,717 732 529 84 4,061 1,030 918 1,947 6,009

727 173 1,495 81 250 152 426 3,304 803 816 143 5,066 1,091 226 1,317 6,383

681 39 1,506 43 264 103 435 3,071 1,007 741 143 4,962 1,278 142 1,421 6,383

495 10 1,366 13 255 108 355 2,603 845 827 205 4,480 1,290 (16) 1,274 5,754

902 505 4,449 305 1,104 479 5,842 13,584 6,345 8,119 3,444 31,492 6,419 7,320 13,739 45,231

1,067 555 4,192 329 1,114 518 5,139 12,914 6,388 8,458 4,065 31,825 6,196 7,604 13,800 45,624

920 500 3,944 86 1,001 563 5,325 12,338 6,669 8,955 4,315 32,278 5,783 8,165 13,948 46,226

1,022 602 4,213 72 905 466 5,461 12,740 6,185 9,557 4,020 32,502 5,696 8,921 14,617 47,119

1,015 497 4,075 130 910 536 5,566 12,729 5,964 9,220 3,614 31,527 5,277 9,149 14,425 45,952

744 83 1,910 65 759 326 896 4,784 2,962 1,808 357 9,911 1,172 3,909 5,081 14,992

798 123 1,880 46 773 379 855 4,854 2,626 1,644 348 9,473 1,070 4,203 5,272 14,745

665 102 1,853 5 678 429 772 4,503 2,437 1,580 429 8,949 774 4,620 5,394 14,342

651 267 1,924 40 630 274 765 4,552 2,517 1,480 420 8,968 914 5,069 5,983 14,952

665 171 2,026 44 559 357 936 4,758 2,427 1,485 533 9,203 817 4,953 5,770 14,973

881

903

467

505

507

3,746

4,016

3,672

4,254

3,909

2,914

2,835

2,955

3,486

3,236

(percent of total assets)

(percent of total assets)

(percent of total assets)

7.8 27.9 16.4 57.6 34.0 15.8 42.4 23.0 66.9 33.1

10.1 26.5 15.7 60.2 33.8 16.6 45.2 21.0 67.6 32.4

8.9 27.8 17.7 59.1 35.4 20.4 51.8 25.4 79.4 20.6

8.0 26.6 17.8 56.0 36.2 17.0 48.1 27.4 77.7 22.3

8.8 23.9 16.7 54.0 37.6 15.1 45.2 29.1 77.9 22.1

6.3 20.9 8.1 38.3 33.7 6.6 30.0 32.0 69.6 30.4

5.3 20.6 8.3 37.1 33.0 7.1 28.3 32.5 69.8 30.2

5.0 18.9 7.9 34.6 32.5 6.5 26.7 33.8 69.8 30.2

5.5 19.6 8.0 36.1 31.8 6.4 27.0 33.4 69.0 31.0

5.8 19.6 7.8 36.2 32.7 6.4 27.7 33.0 68.6 31.4

11.0 25.8 10.8 51.3 42.9 12.8 31.9 31.8 66.1 33.9

10.1 27.4 11.6 52.2 42.0 14.1 32.9 29.0 64.2 35.8

10.2 27.4 10.7 52.0 41.4 13.1 31.4 28.0 62.4 37.6

11.0 27.9 10.8 53.8 38.8 12.2 30.4 26.7 60.0 40.0

10.5 27.7 10.6 53.4 38.7 11.7 31.8 26.1 61.5 38.5

17
U.S. Census Bureau

Table 5.0—Income Statement
For Corporations in NAICS Manufacturing Subsector 324 and Subsector 325
Petroleum and Coal Products Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100.0 2.4 89.7 7.8 0.6 5.9 13.1 2.5 10.6 100.0 2.3 90.4 7.4 0.6 6.0 12.8 2.7 10.1 (percent) OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BALANCE SHEET RATIOS (based on succeeding table) Total current assets to total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities to total current liabilities . . . . . . . . . . . . . . . . . . Total stockholders’ equity to total debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.35 0.38 2.85 1.28 0.38 2.83 1.29 0.34 2.91 1.18 0.33 3.13 1.21 0.34 3.47 37.76 30.62 18.34 14.88 36.61 29.01 17.33 13.73 37.54 29.72 18.10 14.33 38.22 30.14 17.54 13.83 39.14 31.77 18.96 15.39 100.0 1.8 90.7 7.5 0.6 4.7 11.6 2.4 9.2 100.0 1.5 92.3 6.2 0.5 5.0 10.7 2.3 8.4 100.0 1.6 92.1 6.3 0.5 6.0 11.8 2.2 9.6 208,127 5,015 186,779 16,333 1,234 12,215 27,314 5,164 22,150 7,759 14,391 224,073 178 238,642 208,135 4,686 188,138 15,311 1,260 12,524 26,575 5,522 21,053 13,716 7,337 238,576 182 246,096 247,678 4,541 224,681 18,456 1,465 11,733 28,724 5,985 22,738 3,796 18,942 246,035 355 265,332 291,063 4,487 268,615 17,961 1,530 14,657 31,089 6,572 24,517 14,301 10,216 263,550 666 274,432 272,315 4,312 250,821 17,183 1,375 16,438 32,246 6,073 26,173 11,302 14,871 274,939 4,410 294,220 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

18
U.S. Census Bureau

Petroleum and Coal Products Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004 1Q 2005

Chemicals 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Chemicals Total Assets Under $25 Million 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 1,118 25 1,044 49 8 4 46 3 42 96 (53) 514 (5) 456 1,072 23 992 58 12 34 80 3 77 25 52 393 16 462 1,077 19 942 116 8 2 110 3 107 6 101 357 (44) 414 1,030 13 958 58 6 2 54 3 51 61 (10) 264 (4) 250 1,001 20 995 (13) 6 (6) (25) 5 (31) 42 (73) 390 28 345 149,834 5,524 135,957 8,353 3,968 12,638 17,024 3,618 13,406 10,789 2,617 247,052 (3,340) 246,329

(million dollars) 155,551 5,651 133,228 16,672 4,085 16,092 28,680 5,492 23,188 9,846 13,342 246,157 (5,720) 253,779 159,396 5,705 138,623 15,068 4,101 13,561 24,528 5,624 18,904 9,749 9,155 251,774 (2,605) 258,324 155,183 5,836 137,548 11,799 4,358 21,090 28,532 6,393 22,139 9,043 13,096 254,605 (1,616) 266,085 157,552 6,021 142,246 9,285 4,183 23,213 28,314 6,285 22,030 8,623 13,407 264,087 (3,058) 274,436 5,780 160 5,589 30 57 (13) (39) 25 (64) 180 (244) 3,201 6 2,963

(million dollars) 6,155 125 5,617 413 58 14 369 71 298 133 165 2,437 (74) 2,528 6,335 133 5,799 403 70 1 334 66 268 187 81 1,797 21 1,898 6,270 130 5,816 323 83 9 249 67 182 275 (93) 1,383 31 1,320 7,225 164 6,786 275 83 (32) 160 60 100 217 (117) 2,257 67 2,206

(percent of net sales) 100.0 2.2 93.4 4.4 0.7 0.4 4.1 0.3 3.8 100.0 2.1 92.5 5.4 1.1 3.2 7.5 0.3 7.2 (percent) 100.0 1.8 87.5 10.7 0.7 0.2 10.2 0.3 10.0 100.0 1.3 93.0 5.7 0.6 0.2 5.3 0.3 5.0 100.0 2.0 99.3 (1.3) 0.6 (0.6) (2.5) 0.5 (3.1) 100.0 3.7 90.7 5.6 2.6 8.4 11.4 2.4 8.9

(percent of net sales) 100.0 3.6 85.6 10.7 2.6 10.3 18.4 3.5 14.9 (percent) 100.0 3.6 87.0 9.5 2.6 8.5 15.4 3.5 11.9 100.0 3.8 88.6 7.6 2.8 13.6 18.4 4.1 14.3 100.0 3.8 90.3 5.9 2.7 14.7 18.0 4.0 14.0 100.0 2.8 96.7 0.5 1.0 (0.2) (0.7) 0.4 (1.1)

(percent of net sales) 100.0 2.0 91.3 6.7 0.9 0.2 6.0 1.2 4.8 (percent) 100.0 2.1 91.5 6.4 1.1 0.0 5.3 1.0 4.2 100.0 2.1 92.8 5.2 1.3 0.1 4.0 1.1 2.9 100.0 2.3 93.9 3.8 1.1 (0.4) 2.2 0.8 1.4

20.15 18.77 10.12 9.43

34.57 33.11 16.79 16.08

49.09 47.80 26.74 26.03

33.54 31.63 16.59 15.64

(14.32) (17.39) (7.24) (8.80)

17.28 13.61 6.86 5.40

28.04 22.67 11.38 9.20

23.59 18.18 9.65 7.44

27.14 21.06 11.18 8.68

26.66 20.74 11.16 8.68

(2.83) (4.64) (1.21) (1.99)

29.17 23.58 11.05 8.93

25.64 20.59 10.06 8.08

21.74 15.89 7.78 5.69

12.03 7.54 4.45 2.79

1.80 0.35 1.67

1.64 0.27 1.68

1.91 0.40 2.21

1.96 0.40 1.54

2.11 0.45 1.66

0.99 0.20 1.52

1.07 0.23 1.57

1.08 0.23 1.62

1.12 0.28 1.66

1.15 0.32 1.72

1.78 0.33 1.41

1.70 0.26 1.17

1.70 0.29 1.18

1.87 0.31 0.95

1.84 0.30 1.00

19
U.S. Census Bureau

Table 5.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsector 324 and Subsector 325
Petroleum and Coal Products Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in U.S. banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including marketable and government securities, commercial paper, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other short-term loans, including commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments. . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital (less treasury stock) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL Excess of total current assets over total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SELECTED BALANCE SHEET RATIOS Total cash, U.S. government and other securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Short-term debt, including installments on long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.1 9.4 3.3 21.5 30.7 1.4 16.0 15.7 51.4 48.6 6.3 8.7 3.6 21.6 30.7 1.4 16.8 15.3 52.7 47.3 6.1 9.4 4.0 22.9 29.8 1.5 17.8 15.1 51.8 48.2 7.4 9.0 3.8 26.2 28.4 1.4 22.1 13.3 54.1 45.9 6.6 8.5 3.6 23.2 28.9 1.3 19.1 12.6 51.6 48.4 33,184 29,052 32,491 28,648 27,778 241 2,464 49,352 5,609 418 5,281 31,663 95,028 2,878 90,381 117,920 306,208 50,733 238,642 289,375 595,583 315 2,756 50,756 7,684 383 4,894 36,510 103,299 2,877 91,194 125,655 323,025 44,227 246,096 290,323 613,348 343 3,678 58,319 4,732 331 4,983 40,300 112,685 2,744 93,234 119,960 328,622 40,705 265,332 306,038 634,660 350 2,810 63,152 3,779 652 5,828 80,345 156,916 2,675 91,706 132,496 383,793 50,890 274,432 325,322 709,115 359 3,330 61,070 1,861 354 4,906 58,161 130,041 2,598 83,422 134,588 350,649 35,286 294,220 329,506 680,155 10,641 2,091 12,732 23,849 36,581 55,926 19,703 16,002 128,212 331,009 31,571 179,445 183,136 284,235 595,583 4Q 2004 1Q 2005 (million dollars) 10,768 2,246 13,014 25,728 38,742 53,499 22,379 17,730 132,350 340,637 31,201 183,459 188,379 292,618 613,348 11,023 2,795 13,819 24,730 38,548 59,741 25,365 21,523 145,176 342,168 30,796 183,603 189,360 300,123 634,660 6,238 2,945 9,184 43,372 52,556 63,994 26,646 42,368 185,564 354,139 31,434 184,456 201,118 322,433 709,115 6,480 1,676 8,156 36,703 44,859 58,018 24,711 30,231 157,818 344,545 30,874 179,012 196,407 325,930 680,155 2Q 2005 3Q 2005 4Q 2005

(percent of total assets)

20
U.S. Census Bureau

Petroleum and Coal Products Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004 1Q 2005

Chemicals 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Chemicals Total Assets Under $25 Million 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 148 13 161 26 187 452 283 55 977 1,788 69 1,164 692 131 1,801 171 9 180 0 180 496 339 100 1,114 1,735 62 1,113 683 118 1,915 160 0 160 62 223 467 332 30 1,052 1,326 38 855 509 86 1,646 148 1 149 27 176 428 254 19 877 966 25 626 365 70 1,312 190 0 190 24 214 493 230 53 990 1,078 24 783 320 86 1,396 24,694 4,227 28,921 17,024 45,946 71,431 66,065 44,694 228,136 360,754 8,117 191,119 177,752 587,313

(million dollars) 25,076 8,373 33,448 18,764 52,212 77,257 69,706 45,543 244,719 364,165 8,181 194,425 177,920 585,478 26,418 6,953 33,371 19,308 52,679 78,434 68,231 48,509 247,853 364,512 8,208 195,361 177,359 591,443 39,321 6,482 45,803 19,710 65,513 76,427 68,773 50,428 261,142 365,408 8,304 197,284 176,427 583,010 42,508 12,210 54,718 19,185 73,903 75,413 69,636 50,037 268,988 370,630 8,701 199,452 179,879 566,134 1,267 67 1,335 160 1,495 3,213 3,078 380 8,165 7,595 207 4,581 3,221 1,438 12,824

(million dollars) 1,106 81 1,187 152 1,339 3,625 3,491 449 8,904 7,793 193 4,698 3,288 1,177 13,369 1,072 73 1,145 366 1,511 3,493 3,253 488 8,745 8,220 193 5,024 3,390 1,141 13,277 992 85 1,077 317 1,394 3,547 3,100 492 8,533 7,857 192 4,772 3,277 967 12,778 1,218 107 1,325 178 1,503 3,949 3,375 533 9,361 8,983 198 5,351 3,831 1,151 14,342

993,201 1,008,117 1,016,654 1,020,579 1,015,001

121 60 237 3 37 10 74 542 79 233 42 896 449 456 905 1,801

131 89 276 5 45 4 129 678 85 199 23 985 468 462 930 1,915

141 67 221 2 14 5 100 550 27 152 21 750 483 414 897 1,646

138 50 178 1 22 7 50 447 61 145 11 663 399 250 649 1,312

133 53 197 4 26 3 53 470 47 163 11 690 362 345 706 1,396

7,203 35,812 43,360 14,665 2,274 19,118 107,428 229,860 32,679 161,958 174,667 599,163 147,708 246,329 394,038

8,327 36,928 43,168 16,796 3,333 16,622 102,826 228,000 32,826 162,133 176,004 598,963 155,374 253,779 409,154

6,533 36,230 44,025 16,999 2,872 16,563 106,397 229,619 32,466 162,679 175,963 600,726 157,604 258,324 415,928

6,557 39,820 42,798 15,938 2,904 16,331 109,183 233,532 31,610 156,017 178,957 600,116 154,378 266,085 420,463

3,786 34,699 46,063 17,040 2,782 19,064 109,733 233,167 31,788 154,199 171,049 590,203 150,363 274,436 424,799

841 127 2,130 58 336 186 902 4,579 1,229 1,185 342 7,334 2,527 2,963 5,490 12,824

1,116 154 2,547 80 303 146 888 5,233 1,169 1,452 451 8,305 2,535 2,528 5,063 13,369

1,090 141 2,330 91 406 252 845 5,153 1,154 1,388 373 8,068 3,310 1,898 5,208 13,277

926 178 2,166 90 327 71 798 4,555 1,240 2,067 341 8,203 3,254 1,320 4,575 12,778

1,044 184 2,329 113 476 104 845 5,094 1,260 2,243 439 9,035 3,101 2,206 5,307 14,342

993,201 1,008,117 1,016,654 1,020,579 1,015,001

436

436

501

430

520

(1,723)

16,719

18,233

27,610

35,822

3,586

3,671

3,592

3,978

4,267

(percent of total assets)

(percent of total assets)

(percent of total assets)

10.4 25.1 15.7 54.3 38.5 12.7 30.1 17.4 49.8 50.2

9.4 25.9 17.7 58.2 35.7 14.0 35.4 14.8 51.4 48.6

13.5 28.4 20.2 63.9 30.9 13.8 33.4 10.9 45.5 54.5

13.5 32.6 19.3 66.8 27.8 16.5 34.0 15.6 50.5 49.5

15.3 35.3 16.5 70.9 22.9 15.5 33.7 15.0 49.4 50.6

4.6 7.2 6.7 23.0 17.9 6.5 23.1 19.6 60.3 39.7

5.2 7.7 6.9 24.3 17.6 6.5 22.6 19.3 59.4 40.6

5.2 7.7 6.7 24.4 17.4 6.1 22.6 19.2 59.1 40.9

6.4 7.5 6.7 25.6 17.3 6.4 22.9 18.4 58.8 41.2

7.3 7.4 6.9 26.5 17.7 5.9 23.0 18.3 58.1 41.9

11.7 25.1 24.0 63.7 25.1 11.6 35.7 18.8 57.2 42.8

10.0 27.1 26.1 66.6 24.6 12.9 39.1 19.6 62.1 37.9

11.4 26.3 24.5 65.9 25.5 14.2 38.8 19.2 60.8 39.2

10.9 27.8 24.3 66.8 25.6 11.8 35.6 25.9 64.2 35.8

10.5 27.5 23.5 65.3 26.7 12.6 35.5 24.4 63.0 37.0

21
U.S. Census Bureau

Table 6.0—Income Statement
For Corporations in NAICS Manufacturing Industry Groups 3251 and 3252, and Industry Group 3254
Basic Chemicals, Resins, and Synthetics1 Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100.0 4.5 94.7 0.8 3.7 4.3 1.4 (0.6) 2.0 100.0 4.2 87.9 7.9 3.4 5.6 10.1 2.8 7.3 (percent) OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BALANCE SHEET RATIOS (based on succeeding table) Total current assets to total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities to total current liabilities . . . . . . . . . . . . . . . . . . Total stockholders’ equity to total debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

2Q 2005

3Q 2005

4Q 2005

45,125 2,034 42,747 344 1,666 1,953 631 (278) 910 1,129 (219) 28,499 (199) 28,081

50,498 2,127 44,374 3,997 1,705 2,808 5,101 1,437 3,663 1,205 2,459 28,811 (437) 30,833

51,414 2,170 45,285 3,958 1,725 2,921 5,154 1,663 3,491 1,231 2,260 30,382 98 32,740

48,807 2,140 44,503 2,163 1,774 2,115 2,504 835 1,670 1,405 265 30,794 (228) 30,831

49,942 2,220 45,735 1,987 1,604 7,014 7,397 2,211 5,186 1,478 3,708 31,408 (2,369) 32,747

(percent of net sales) 100.0 4.2 88.1 7.7 3.4 5.7 10.0 3.2 6.8 100.0 4.4 91.2 4.4 3.6 4.3 5.1 1.7 3.4 100.0 4.4 91.6 4.0 3.2 14.0 14.8 4.4 10.4

3.99 5.75 0.99 1.42

30.21 21.70 7.77 5.58

28.59 19.36 7.75 5.25

13.80 9.20 3.77 2.52

39.89 27.97 11.60 8.13

1.12 0.13 0.85

1.11 0.12 0.86

1.09 0.11 0.95

1.08 0.12 1.00

1.18 0.18 1.12

Included in Chemicals.

22
U.S. Census Bureau

Basic Chemicals, Resins, and Synthetics Total Assets Under $25 Million1 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Pharmaceuticals and Medicines1 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Pharmaceuticals and Medicines Total Assets Under $25 Million1 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 1,368 30 1,338 0 12 (8) (21) 0 (21) 17 (38) 625 (31) 556 1,262 31 1,133 98 8 (4) 85 9 76 47 30 691 (3) 718 1,136 28 1,027 81 14 (7) 59 9 50 18 33 670 (4) 699 1,089 22 990 77 14 (3) 60 10 50 23 27 667 0 694 1,408 30 1,343 36 19 (71) (53) 14 (68) 21 (89) 534 (3) 442 64,785 1,985 57,424 5,376 1,040 3,909 8,246 3,120 5,126 7,275 (2,149) 138,978 (2,034) 134,796

(million dollars) 63,669 2,109 52,855 8,706 1,146 11,458 19,018 2,796 16,223 6,213 10,009 134,119 (3,666) 140,462 62,701 2,127 53,853 6,721 1,054 8,300 13,968 2,662 11,306 6,683 4,623 138,796 (1,015) 142,404 63,272 2,228 55,305 5,738 1,266 15,566 20,038 2,879 17,159 5,701 11,458 141,143 (1,475) 151,126 64,613 2,222 57,534 4,857 1,219 11,550 15,188 3,357 11,831 5,170 6,661 150,126 (412) 156,376 896 21 876 (1) 9 5 (6) 7 (14) 43 (57) (205) 24 (239)

(million dollars) 944 24 852 67 16 10 61 14 47 24 23 (531) (86) (593) 900 21 850 29 14 6 21 4 17 45 (28) (1,235) (12) (1,275) 895 25 871 (2) 16 4 (13) 6 (19) 20 (38) (1,613) (51) (1,703) 1,064 33 967 63 17 12 58 10 48 24 23 (1,157) (23) (1,156)

(percent of net sales) 100.0 2.2 97.8 0.0 0.9 (0.6) (1.5) 0.0 (1.5) 100.0 2.5 89.8 7.7 0.6 (0.4) 6.8 0.7 6.0 (percent) 100.0 2.5 90.4 7.1 1.3 (0.6) 5.2 0.8 4.4 100.0 2.0 90.9 7.1 1.3 (0.3) 5.5 0.9 4.6 100.0 2.1 95.3 2.6 1.3 (5.0) (3.8) 1.0 (4.8) 100.0 3.1 88.6 8.3 1.6 6.0 12.7 4.8 7.9

(percent of net sales) 100.0 3.3 83.0 13.7 1.8 18.0 29.9 4.4 25.5 (percent) 100.0 3.4 85.9 10.7 1.7 13.2 22.3 4.2 18.0 100.0 3.5 87.4 9.1 2.0 24.6 31.7 4.6 27.1 100.0 3.4 89.0 7.5 1.9 17.9 23.5 5.2 18.3 100.0 2.4 97.8 (0.2) 1.0 0.5 (0.7) 0.8 (1.5)

(percent of net sales) 100.0 2.6 90.3 7.1 1.6 1.0 6.5 1.5 5.0 (percent) 100.0 2.3 94.5 3.2 1.6 0.7 2.3 0.4 1.9 100.0 2.8 97.4 (0.2) 1.7 0.5 (1.4) 0.6 (2.1) 100.0 3.1 90.9 5.9 1.6 1.1 5.4 0.9 4.5

(7.67) (7.74) (2.99) (3.01)

32.01 28.54 13.47 12.01

23.76 20.16 9.20 7.81

29.57 24.61 11.78 9.81

(20.10) (25.42) (7.91) (10.01)

13.70 8.51 6.64 4.13

30.09 25.67 15.11 12.89

21.96 17.77 11.05 8.94

30.41 26.04 15.52 13.29

22.85 17.80 11.63 9.06

(2.23) (4.88) (1.21) (2.65)

29.28 22.44 10.42 7.99

9.36 7.55 3.47 2.80

(7.11) (10.27) (2.01) (2.91)

35.77 29.62 8.22 6.81

1.63 0.19 1.14

1.72 0.22 1.31

1.74 0.21 1.13

2.20 0.33 1.18

2.08 0.37 1.23

0.97 0.27 2.40

1.15 0.37 2.62

1.18 0.39 2.66

1.25 0.48 2.75

1.27 0.51 2.74

2.29 0.48 2.09

1.93 0.31 0.87

2.09 0.56 0.95

1.93 0.52 0.59

1.90 0.35 0.44

23
U.S. Census Bureau

Table 6.1—Balance Sheet
For Corporations in NAICS Manufacturing Industry Groups 3251 and 3252, and Industry Group 3254
Basic Chemicals, Resins, and Synthetics1 Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in U.S. banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including marketable and government securities, commercial paper, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other short-term loans, including commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments. . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital (less treasury stock) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL Excess of total current assets over total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SELECTED BALANCE SHEET RATIOS Total cash, U.S. government and other securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Short-term debt, including installments on long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

4Q 2004

1Q 2005 (million dollars)

2Q 2005

3Q 2005

4Q 2005

4,562 1,052 5,614 2,218 7,832 24,471 22,425 12,681 67,409 164,840 3,482 98,246 70,076 118,683 256,169

4,363 1,203 5,566 2,266 7,832 26,995 23,416 12,226 70,470 165,856 3,457 99,862 69,451 122,519 262,439

4,317 447 4,765 2,509 7,274 26,874 23,219 12,450 69,817 165,132 3,478 99,584 69,026 127,324 266,167

5,588 350 5,938 1,474 7,412 25,772 23,287 12,916 69,386 164,664 3,490 99,882 68,272 127,797 265,456

6,644 2,215 8,859 2,014 10,874 25,053 23,859 12,497 72,283 166,104 3,430 100,840 68,695 114,071 255,049

1,997 3,870 17,063 3,078 898 3,866 29,507 60,280 13,401 50,505 68,723 192,908 35,179 28,081 63,261 256,169

2,050 7,124 17,384 3,119 1,199 5,101 27,561 63,539 12,833 49,902 68,640 194,913 36,693 30,833 67,525 262,439

1,638 7,066 17,226 3,732 1,299 4,962 28,172 64,097 12,851 47,748 69,349 194,044 39,382 32,740 72,122 266,167

1,440 7,515 17,150 3,623 1,298 3,774 29,181 63,980 12,692 45,930 70,242 192,844 41,781 30,831 72,612 265,456

1,507 2,530 18,587 5,240 993 4,666 27,879 61,403 12,728 43,584 63,170 180,884 41,418 32,747 74,165 255,049

7,129

6,931

5,720

5,406

10,880

(percent of total assets)

3.1 9.6 8.8 26.3 27.4 4.2 23.5 24.9 75.3 24.7

3.0 10.3 8.9 26.9 26.5 5.9 24.2 23.9 74.3 25.7

2.7 10.1 8.7 26.2 25.9 5.6 24.1 22.8 72.9 27.1

2.8 9.7 8.8 26.1 25.7 5.3 24.1 22.1 72.6 27.4

4.3 9.8 9.4 28.3 26.9 3.8 24.1 22.1 70.9 29.1

Included in Chemicals.

24
U.S. Census Bureau

Basic Chemicals, Resins, and Synthetics Total Assets Under $25 Million1 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Pharmaceuticals and Medicines1 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Pharmaceuticals and Medicines Total Assets Under $25 Million1 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 137 12 149 40 189 778 624 44 1,636 1,970 72 1,113 929 191 2,755 161 3 164 38 202 770 563 42 1,577 2,009 66 1,253 822 140 2,539 146 26 171 22 193 843 538 53 1,627 2,097 57 1,413 741 202 2,571 181 12 192 25 217 690 450 79 1,437 1,573 32 1,130 475 130 2,042 283 20 303 25 328 814 602 115 1,859 1,916 20 1,318 618 226 2,703 15,846 2,575 18,421 11,174 29,595 27,594 25,559 21,951 104,698 114,187 2,870 47,198 69,859 322,474 497,032

(million dollars) 16,884 6,557 23,441 13,766 37,207 28,846 26,906 22,947 115,905 116,024 2,921 48,225 70,720 316,832 503,456 18,465 6,044 24,509 14,878 39,387 28,801 26,164 24,122 118,474 115,524 2,901 48,592 69,833 317,471 505,778 29,326 5,786 35,112 15,405 50,517 29,432 26,553 24,871 131,373 117,230 2,946 49,971 70,204 315,013 516,590 30,870 9,577 40,447 14,785 55,232 29,507 26,315 26,300 137,355 120,417 3,303 50,659 73,060 311,987 522,403 259 6 265 18 283 417 522 115 1,336 926 19 532 413 304 2,053

(million dollars) 191 3 194 25 220 483 540 138 1,381 1,215 25 613 627 342 2,349 194 4 198 229 427 482 534 147 1,591 1,125 23 574 574 231 2,395 198 50 248 198 446 517 546 155 1,664 1,251 27 671 607 271 2,543 169 58 227 84 311 608 617 148 1,684 1,539 50 838 752 368 2,804

238 7 549 12 27 19 148 1,001 387 261 32 1,682 518 556 1,074 2,755

261 9 486 10 17 12 120 916 342 171 42 1,471 350 718 1,068 2,539

253 5 500 9 59 8 101 934 363 196 83 1,575 296 699 995 2,571

118 33 356 13 43 7 84 654 302 184 88 1,228 120 694 814 2,042

124 6 529 24 62 21 130 895 339 313 93 1,639 622 442 1,064 2,703

2,296 16,365 13,286 7,022 259 8,752 59,903 107,883 6,392 66,201 75,719 256,195 106,041 134,796 240,837 497,032

3,046 13,975 12,464 8,631 471 5,010 56,868 100,464 6,544 67,276 76,383 250,667 112,327 140,462 252,790 503,456

1,751 13,654 12,843 7,258 442 5,198 59,130 100,275 6,237 68,542 76,252 251,305 112,069 142,404 254,473 505,778

2,676 14,045 12,397 7,534 402 7,914 59,986 104,954 6,445 64,332 77,311 253,042 112,422 151,126 263,548 516,590

884 14,027 13,864 7,626 492 9,859 61,242 107,995 7,073 64,573 76,863 256,504 109,523 156,376 265,899 522,403

88 23 221 4 70 24 154 584 130 200 23 936 1,355 (239) 1,117 2,053

79 45 286 18 63 25 202 717 150 601 45 1,513 1,430 (593) 836 2,349

79 47 301 24 78 23 210 761 94 618 34 1,507 2,164 (1,275) 889 2,395

116 56 330 25 67 44 224 862 88 846 26 1,822 2,423 (1,703) 721 2,543

77 74 381 32 62 27 234 886 196 1,040 37 2,159 1,801 (1,156) 645 2,804

635

661

693

783

964

(3,184)

15,440

18,200

26,419

29,360

752

663

830

802

797

(percent of total assets)

(percent of total assets)

(percent of total assets)

6.9 28.3 22.6 59.4 33.7 10.6 36.3 23.5 61.0 39.0

8.0 30.3 22.2 62.1 32.4 11.8 36.1 20.2 57.9 42.1

7.5 32.8 20.9 63.3 28.8 12.6 36.3 21.7 61.3 38.7

10.6 33.8 22.0 70.4 23.3 9.9 32.0 23.8 60.1 39.9

12.1 30.1 22.3 68.8 22.9 7.8 33.1 24.1 60.6 39.4

6.0 5.6 5.1 21.1 14.1 5.6 21.7 14.6 51.5 48.5

7.4 5.7 5.3 23.0 14.0 4.5 20.0 14.7 49.8 50.2

7.8 5.7 5.2 23.4 13.8 4.2 19.8 14.8 49.7 50.3

9.8 5.7 5.1 25.4 13.6 4.8 20.3 13.7 49.0 51.0

10.6 5.6 5.0 26.3 14.0 4.8 20.7 13.7 49.1 50.9

13.8 20.3 25.4 65.1 20.1 10.0 28.4 16.1 45.6 54.4

9.4 20.6 23.0 58.8 26.7 9.0 30.5 32.0 64.4 35.6

17.8 20.1 22.3 66.4 24.0 9.4 31.8 29.7 62.9 37.1

17.6 20.3 21.5 65.5 23.9 11.1 33.9 36.7 71.7 28.3

11.1 21.7 22.0 60.1 26.8 8.5 31.6 44.1 77.0 23.0

25
U.S. Census Bureau

Table 7.0—Income Statement
For Corporations in NAICS Manufacturing Industry Groups 3253, 3255, 3256 and 3259, and Subsector 326
All Other Chemicals1 Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100.0 3.8 89.6 6.6 3.2 17.0 20.4 1.9 18.5 100.0 3.4 87.0 9.6 3.0 4.4 11.0 3.0 8.0 (percent) OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BALANCE SHEET RATIOS (based on succeeding table) Total current assets to total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities to total current liabilities . . . . . . . . . . . . . . . . . . Total stockholders’ equity to total debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

2Q 2005

3Q 2005

4Q 2005

39,924 1,505 35,786 2,633 1,262 6,776 8,147 777 7,370 2,385 4,985 79,575 (1,107) 83,453

41,383 1,415 35,999 3,969 1,234 1,826 4,561 1,259 3,302 2,428 875 83,226 (1,616) 82,484

45,282 1,408 39,485 4,389 1,322 2,340 5,407 1,299 4,108 1,835 2,272 82,596 (1,689) 83,179

43,104 1,467 37,739 3,898 1,317 3,409 5,990 2,679 3,310 1,937 1,373 82,668 87 84,127

42,997 1,578 38,978 2,441 1,360 4,648 5,730 717 5,013 1,975 3,037 82,553 (278) 85,313

(percent of net sales) 100.0 3.1 87.2 9.7 2.9 5.2 11.9 2.9 9.1 100.0 3.4 87.6 9.0 3.1 7.9 13.9 6.2 7.7 100.0 3.7 90.7 5.7 3.2 10.8 13.3 1.7 11.7

36.23 32.78 13.58 12.28

20.54 14.87 7.53 5.45

24.21 18.39 8.84 6.71

28.42 15.71 10.04 5.55

27.05 23.66 9.65 8.44

0.91 0.14 1.07

0.91 0.11 1.04

0.91 0.09 1.04

0.93 0.12 0.99

0.93 0.12 1.02

Included in Chemicals.

26
U.S. Census Bureau

All Other Chemicals Total Assets Under $25 Million1 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Plastics and Rubber Products 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Plastics and Rubber Products Total Assets Under $25 Million 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 3,516 108 3,375 32 35 (9) (12) 17 (29) 120 (149) 2,782 14 2,646 3,949 69 3,631 248 35 9 223 47 175 63 112 2,277 15 2,403 4,299 83 3,921 294 42 2 254 53 201 125 77 2,361 37 2,474 4,286 83 3,955 247 53 7 201 51 150 233 (82) 2,329 82 2,329 4,753 101 4,476 175 47 27 155 36 120 172 (52) 2,880 92 2,920 38,275 1,404 35,097 1,774 807 191 1,158 85 1,073 593 480 14,613 859 15,951

(million dollars) 38,044 1,332 34,931 1,782 785 180 1,177 173 1,003 603 400 15,081 (53) 15,427 40,915 1,358 37,012 2,545 812 218 1,952 272 1,679 567 1,112 16,402 58 17,572 40,814 1,347 36,972 2,495 890 305 1,911 4 1,907 742 1,164 18,438 (232) 19,371 42,487 1,383 38,861 2,243 856 217 1,605 366 1,239 651 588 19,795 (393) 19,990 9,837 272 9,142 423 85 (21) 317 49 268 226 41 5,752 (73) 5,721

(million dollars) 10,118 288 9,252 578 87 (10) 480 74 406 380 26 5,449 (20) 5,455 10,498 255 9,291 952 80 (42) 829 64 765 266 500 5,466 54 6,020 10,513 273 9,604 636 89 (42) 505 74 431 327 104 6,373 (5) 6,473 11,838 313 10,814 711 111 (56) 544 57 487 356 132 7,037 (6) 7,163

(percent of net sales) 100.0 3.1 96.0 0.9 1.0 (0.3) (0.3) 0.5 (0.8) 100.0 1.8 92.0 6.3 0.9 0.2 5.6 1.2 4.4 (percent) 100.0 1.9 91.2 6.8 1.0 0.0 5.9 1.2 4.7 100.0 1.9 92.3 5.8 1.2 0.2 4.7 1.2 3.5 100.0 2.1 94.2 3.7 1.0 0.6 3.3 0.7 2.5 100.0 3.7 91.7 4.6 2.1 0.5 3.0 0.2 2.8

(percent of net sales) 100.0 3.5 91.8 4.7 2.1 0.5 3.1 0.5 2.6 (percent) 100.0 3.3 90.5 6.2 2.0 0.5 4.8 0.7 4.1 100.0 3.3 90.6 6.1 2.2 0.7 4.7 0.0 4.7 100.0 3.3 91.5 5.3 2.0 0.5 3.8 0.9 2.9 100.0 2.8 92.9 4.3 0.9 (0.2) 3.2 0.5 2.7

(percent of net sales) 100.0 2.8 91.4 5.7 0.9 (0.1) 4.7 0.7 4.0 (percent) 100.0 2.4 88.5 9.1 0.8 (0.4) 7.9 0.6 7.3 100.0 2.6 91.4 6.0 0.8 (0.4) 4.8 0.7 4.1 100.0 2.6 91.4 6.0 0.9 (0.5) 4.6 0.5 4.1

(1.46) (3.56) (0.60) (1.46)

28.19 22.20 10.50 8.27

30.56 24.20 12.22 9.68

26.49 19.75 9.83 7.33

17.28 13.33 7.04 5.43

13.38 12.40 3.62 3.36

13.66 11.65 3.59 3.06

22.34 19.22 6.01 5.17

19.44 19.40 5.69 5.68

16.65 12.86 4.85 3.75

16.35 13.83 7.14 6.03

25.12 21.25 10.33 8.74

41.54 38.33 18.58 17.15

24.34 20.78 10.64 9.09

23.95 21.45 10.57 9.47

1.73 0.34 1.36

1.65 0.25 1.23

1.60 0.26 1.27

1.79 0.24 1.05

1.76 0.26 1.21

1.70 0.28 0.70

1.63 0.23 0.66

1.71 0.21 0.70

1.76 0.24 0.79

1.79 0.26 0.79

1.94 0.38 1.27

1.71 0.29 1.11

1.97 0.34 1.36

1.98 0.35 1.34

1.97 0.34 1.37

27
U.S. Census Bureau

Table 7.1—Balance Sheet
For Corporations in NAICS Manufacturing Industry Groups 3253, 3255, 3256 and 3259, and Subsector 326
All Other Chemicals1 Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in U.S. banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including marketable and government securities, commercial paper, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other short-term loans, including commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments. . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital (less treasury stock) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL Excess of total current assets over total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SELECTED BALANCE SHEET RATIOS Total cash, U.S. government and other securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Short-term debt, including installments on long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

4Q 2004

1Q 2005 (million dollars)

2Q 2005

3Q 2005

4Q 2005

4,285 601 4,886 3,633 8,519 19,366 18,081 10,063 56,029 81,727 1,765 45,676 37,816 146,156 240,000

3,829 613 4,442 2,731 7,173 21,417 19,385 10,370 58,344 82,285 1,803 46,338 37,750 146,128 242,222

3,636 461 4,097 1,921 6,018 22,758 18,848 11,937 59,562 83,856 1,828 47,184 38,500 146,648 244,709

4,407 346 4,753 2,831 7,584 21,224 18,933 12,641 60,382 83,513 1,868 47,430 37,951 140,200 238,533

4,994 418 5,412 2,386 7,798 20,852 19,461 11,239 59,351 84,109 1,968 47,953 38,124 140,075 237,549

2,910 15,577 13,012 4,564 1,116 6,500 18,018 61,697 12,886 45,252 30,224 150,060 6,487 83,453 89,940 240,000

3,231 15,829 13,320 5,046 1,663 6,511 18,397 63,997 13,450 44,954 30,982 153,383 6,354 82,484 88,839 242,222

3,144 15,510 13,956 6,010 1,131 6,402 19,095 65,248 13,377 46,389 30,362 155,377 6,153 83,179 89,332 244,709

2,441 18,260 13,252 4,781 1,205 4,643 20,016 64,598 12,473 45,756 31,403 154,230 176 84,127 84,303 238,533

1,395 18,142 13,611 4,173 1,297 4,539 20,612 63,769 11,987 46,042 31,016 152,815 (578) 85,313 84,735 237,549

(5,669)

(5,653)

(5,686)

(4,215)

(4,418)

(percent of total assets)

3.5 8.1 7.5 23.3 15.8 10.9 25.7 24.2 62.5 37.5

3.0 8.8 8.0 24.1 15.6 11.2 26.4 24.1 63.3 36.7

2.5 9.3 7.7 24.3 15.7 10.7 26.7 24.4 63.5 36.5

3.2 8.9 7.9 25.3 15.9 11.1 27.1 24.4 64.7 35.3

3.3 8.8 8.2 25.0 16.0 10.7 26.8 24.4 64.3 35.7

Included in Chemicals.

28
U.S. Census Bureau

All Other Chemicals Total Assets Under $25 Million1 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Plastics and Rubber Products 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Plastics and Rubber Products Total Assets Under $25 Million 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 871 49 920 102 1,022 2,018 1,932 221 5,193 4,699 116 2,936 1,879 944 8,016 753 75 828 89 917 2,372 2,388 269 5,946 4,568 103 2,832 1,839 696 8,481 733 43 776 115 891 2,169 2,180 287 5,528 4,998 113 3,037 2,075 708 8,311 614 23 637 94 731 2,340 2,104 258 5,432 5,033 132 2,970 2,195 567 8,193 765 30 795 70 865 2,528 2,156 270 5,819 5,528 129 3,195 2,461 556 8,836 6,920 252 7,172 1,233 8,405 18,159 17,956 7,091 51,611 81,289 1,498 48,925 33,861 42,348 127,819

(million dollars) 6,103 149 6,252 1,118 7,370 19,137 19,745 7,177 53,428 83,945 1,466 51,108 34,303 43,323 131,054 5,303 150 5,452 1,174 6,627 19,853 19,608 7,073 53,161 84,736 1,299 51,899 34,135 42,689 129,985 5,871 256 6,127 1,183 7,310 20,363 19,647 6,961 54,280 85,071 1,264 51,925 34,410 45,547 134,238 6,298 240 6,538 1,351 7,889 20,545 20,004 6,800 55,238 86,255 1,335 53,152 34,438 42,631 132,307 1,714 244 1,958 252 2,210 4,622 3,916 602 11,351 15,604 385 10,963 5,026 1,375 17,751

(million dollars) 1,778 137 1,914 105 2,020 5,018 4,163 639 11,839 15,387 398 10,595 5,189 1,573 18,602 1,680 134 1,814 186 2,000 5,084 3,884 567 11,534 15,568 201 10,932 4,836 1,479 17,850 1,764 241 2,006 187 2,193 5,261 4,278 610 12,342 16,845 176 11,725 5,296 1,343 18,980 1,833 228 2,061 194 2,256 5,579 4,856 584 13,275 18,609 215 12,987 5,838 1,473 20,586

514 97 1,360 42 239 144 599 2,994 711 723 287 4,716 654 2,646 3,300 8,016

776 99 1,775 52 223 109 565 3,600 678 679 365 5,322 756 2,403 3,159 8,481

758 89 1,528 58 270 222 534 3,459 698 574 256 4,986 850 2,474 3,324 8,311

691 89 1,480 52 217 20 489 3,039 850 1,037 226 5,153 711 2,329 3,040 8,193

844 104 1,419 57 352 56 481 3,313 725 891 309 5,237 678 2,920 3,598 8,836

2,454 584 11,396 500 2,176 2,316 10,859 30,285 21,246 20,506 21,170 93,208 18,660 15,951 34,612 127,819

3,389 667 11,745 611 3,196 2,650 10,491 32,749 21,513 20,577 21,757 96,596 19,031 15,427 34,459 131,054

2,929 304 11,923 414 2,897 1,968 10,737 31,171 21,248 20,712 21,909 95,039 17,374 17,572 34,946 129,985

2,757 271 12,037 464 2,603 1,400 11,394 30,925 21,071 21,881 21,037 94,914 19,953 19,371 39,324 134,238

2,597 256 12,481 543 2,623 1,168 11,206 30,874 20,892 21,173 20,807 93,746 18,571 19,990 38,561 132,307

1,124 82 2,553 36 645 441 965 5,845 2,268 1,522 371 10,005 2,025 5,721 7,746 17,751

1,628 183 2,733 30 786 566 979 6,906 2,127 1,616 305 10,953 2,194 5,455 7,649 18,602

1,314 137 2,669 42 615 162 909 5,848 2,081 1,569 367 9,865 1,964 6,020 7,984 17,850

1,236 116 3,045 63 590 188 982 6,219 2,374 1,673 416 10,682 1,825 6,473 8,298 18,980

1,341 177 3,233 74 632 139 1,128 6,724 2,785 1,540 450 11,499 1,923 7,163 9,087 20,586

2,198

2,346

2,069

2,393

2,506

21,326

20,680

21,991

23,355

24,364

5,506

4,934

5,686

6,123

6,550

(percent of total assets)

(percent of total assets)

(percent of total assets)

12.8 25.2 24.1 64.8 23.4 12.4 37.4 17.9 58.8 41.2

10.8 28.0 28.2 70.1 21.7 14.2 42.5 16.0 62.8 37.2

10.7 26.1 26.2 66.5 25.0 16.1 41.6 15.3 60.0 40.0

8.9 28.6 25.7 66.3 26.8 12.4 37.1 23.0 62.9 37.1

9.8 28.6 24.4 65.9 27.9 15.3 37.5 18.3 59.3 40.7

6.6 14.2 14.0 40.4 26.5 5.9 23.7 32.7 72.9 27.1

5.6 14.6 15.1 40.8 26.2 7.6 25.0 32.1 73.7 26.3

5.1 15.3 15.1 40.9 26.3 6.2 24.0 32.3 73.1 26.9

5.4 15.2 14.6 40.4 25.6 5.2 23.0 32.0 70.7 29.3

6.0 15.5 15.1 41.7 26.0 5.0 23.3 31.8 70.9 29.1

12.5 26.0 22.1 63.9 28.3 12.9 32.9 21.3 56.4 43.6

10.9 27.0 22.4 63.6 27.9 17.0 37.1 20.1 58.9 41.1

11.2 28.5 21.8 64.6 27.1 12.5 32.8 20.4 55.3 44.7

11.6 27.7 22.5 65.0 27.9 11.2 32.8 21.3 56.3 43.7

11.0 27.1 23.6 64.5 28.4 11.1 32.7 21.0 55.9 44.1

29
U.S. Census Bureau

Table 8.0—Income Statement
For Corporations in NAICS Durable Manufacturing Subsectors and Manufacturing Subsector 321
All Durable Manufacturing Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100.0 3.2 92.0 4.7 1.6 4.1 7.3 1.4 5.9 100.0 3.2 91.8 5.0 1.6 3.8 7.1 1.7 5.4 (percent) OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BALANCE SHEET RATIOS (based on succeeding table) Total current assets to total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities to total current liabilities . . . . . . . . . . . . . . . . . . Total stockholders’ equity to total debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.35 0.33 2.26 1.33 0.30 2.23 1.34 0.30 2.22 1.34 0.30 2.24 1.36 0.34 2.26 15.08 12.26 6.52 5.30 14.23 10.87 6.10 4.66 18.99 14.49 8.11 6.19 16.89 12.94 7.20 5.52 13.81 10.66 5.88 4.54 100.0 3.0 91.0 6.0 1.5 4.5 8.9 2.1 6.8 100.0 3.2 91.0 5.8 1.7 4.0 8.1 1.9 6.2 100.0 3.1 92.2 4.8 1.6 3.3 6.5 1.5 5.0 660,200 21,343 607,654 31,203 10,317 27,361 48,247 9,026 39,221 14,081 25,140 451,977 (9,563) 467,554 640,548 20,727 588,103 31,718 10,165 24,136 45,688 10,788 34,900 14,103 20,797 473,530 (21,119) 473,207 690,467 20,860 628,282 41,326 10,477 30,928 61,777 14,630 47,147 15,228 31,919 476,336 (5,599) 502,656 684,267 21,695 622,898 39,674 11,420 27,442 55,696 13,046 42,650 14,172 28,478 497,366 (3,997) 521,848 706,730 21,717 651,257 33,756 11,365 23,304 45,695 10,414 35,282 17,646 17,636 532,331 (9,275) 540,692 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

30
U.S. Census Bureau

All Durable Manufacturing Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Wood Products 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Wood Products Total Assets Under $25 Million 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 83,646 2,225 79,514 1,908 874 (403) 631 371 260 2,290 (2,030) 27,475 (264) 25,182 83,224 1,995 75,686 5,543 790 (50) 4,703 632 4,071 2,731 1,340 26,977 (382) 27,934 89,797 2,098 80,269 7,430 850 148 6,728 635 6,093 3,435 2,658 26,032 (366) 28,323 91,665 2,078 82,555 7,031 887 44 6,188 718 5,470 2,566 2,905 24,933 67 27,905 91,034 2,171 85,609 3,254 846 (261) 2,147 567 1,580 2,909 (1,330) 32,931 (756) 30,846 18,119 497 16,653 970 324 92 738 197 541 353 188 16,189 26 16,403

(million dollars) 17,960 495 16,147 1,318 314 80 1,084 267 817 254 563 16,297 (342) 16,519 21,015 502 18,896 1,618 345 204 1,477 404 1,073 562 511 16,522 (35) 16,998 20,709 490 18,708 1,511 429 47 1,129 289 839 301 538 16,029 (183) 16,384 20,078 529 18,564 986 460 435 961 223 739 1,134 (396) 17,026 130 16,760 7,913 182 7,575 156 70 (27) 59 25 34 138 (104) 5,079 83 5,058

(million dollars) 7,295 143 6,838 315 62 7 259 28 231 126 106 4,162 (164) 4,104 8,395 152 7,652 591 68 17 541 49 492 266 226 3,873 15 4,114 8,469 160 7,803 507 75 (14) 418 27 391 136 254 4,124 (76) 4,302 7,952 194 7,482 276 74 2 205 37 168 106 62 4,851 (44) 4,868

(percent of net sales) 100.0 2.7 95.1 2.3 1.0 (0.5) 0.8 0.4 0.3 100.0 2.4 90.9 6.7 0.9 (0.1) 5.7 0.8 4.9 (percent) 100.0 2.3 89.4 8.3 0.9 0.2 7.5 0.7 6.8 100.0 2.3 90.1 7.7 1.0 0.0 6.8 0.8 6.0 100.0 2.4 94.0 3.6 0.9 (0.3) 2.4 0.6 1.7 100.0 2.7 91.9 5.4 1.8 0.5 4.1 1.1 3.0

(percent of net sales) 100.0 2.8 89.9 7.3 1.7 0.4 6.0 1.5 4.5 (percent) 100.0 2.4 89.9 7.7 1.6 1.0 7.0 1.9 5.1 100.0 2.4 90.3 7.3 2.1 0.2 5.4 1.4 4.1 100.0 2.6 92.5 4.9 2.3 2.2 4.8 1.1 3.7 100.0 2.3 95.7 2.0 0.9 (0.3) 0.8 0.3 0.4

(percent of net sales) 100.0 2.0 93.7 4.3 0.9 0.1 3.6 0.4 3.2 (percent) 100.0 1.8 91.1 7.0 0.8 0.2 6.4 0.6 5.9 100.0 1.9 92.1 6.0 0.9 (0.2) 4.9 0.3 4.6 100.0 2.4 94.1 3.5 0.9 0.0 2.6 0.5 2.1

3.95 1.63 1.58 0.65

28.11 24.33 11.55 9.99

37.61 34.06 16.18 14.66

33.31 29.45 14.61 12.91

11.69 8.60 5.22 3.84

14.72 10.79 5.65 4.14

21.35 16.09 8.10 6.10

28.75 20.89 10.19 7.40

23.07 17.15 7.88 5.86

19.14 14.71 6.59 5.07

4.23 2.43 1.89 1.09

21.01 18.73 8.64 7.70

44.58 40.58 18.06 16.44

33.05 30.93 13.19 12.34

13.72 11.26 6.35 5.21

1.86 0.37 1.20

1.90 0.37 1.27

1.98 0.38 1.31

2.05 0.42 1.35

2.01 0.41 1.43

2.76 1.25 1.49

2.72 1.20 1.42

2.80 1.22 1.23

2.93 1.23 1.17

2.90 1.31 1.17

2.23 0.39 1.20

2.09 0.40 1.09

1.89 0.34 1.04

1.92 0.31 0.98

2.03 0.32 1.28

31
U.S. Census Bureau

Table 8.1—Balance Sheet
For Corporations in NAICS Durable Manufacturing Subsectors and Manufacturing Subsector 321
All Durable Manufacturing Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in U.S. banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including marketable and government securities, commercial paper, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other short-term loans, including commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments. . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital (less treasury stock) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL Excess of total current assets over total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SELECTED BALANCE SHEET RATIOS Total cash, U.S. government and other securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Short-term debt, including installments on long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8.7 10.9 9.9 35.3 16.6 3.3 26.2 15.8 56.7 43.3 8.0 11.3 10.4 35.5 16.3 3.5 26.7 15.7 57.1 42.9 8.2 11.6 10.5 36.1 16.3 3.5 26.9 15.8 57.3 42.7 8.2 11.6 10.5 36.1 16.2 3.5 26.9 15.6 57.4 42.6 9.3 11.3 10.4 36.8 16.3 3.5 27.2 15.3 57.4 42.6 268,255 263,289 279,661 283,189 300,297 25,588 27,559 222,384 31,703 17,599 26,216 423,522 774,573 134,852 333,445 435,507 1,678,376 811,887 467,554 1,279,441 2,957,818 29,297 30,124 230,982 34,080 20,179 24,261 431,600 800,522 136,642 334,789 440,369 1,712,322 811,254 473,207 1,284,461 2,996,783 30,830 30,109 233,047 34,310 21,410 24,109 445,377 819,190 140,342 340,073 444,416 1,744,022 798,696 502,656 1,301,352 3,045,374 31,035 32,068 239,702 32,545 20,729 23,247 452,681 832,006 140,676 341,117 459,725 1,773,524 797,043 521,848 1,318,891 3,092,415 30,509 33,514 239,442 34,025 20,363 24,115 463,072 845,040 137,903 339,229 463,831 1,786,002 782,626 540,692 1,323,318 3,109,321 121,872 20,257 142,129 115,476 257,605 321,292 294,263 169,668 1,042,828 1,074,379 39,952 623,318 491,013 1,423,977 2,957,818 4Q 2004 1Q 2005 (million dollars) 111,337 19,408 130,744 109,363 240,107 339,832 311,247 172,624 1,063,810 1,085,257 40,226 635,560 489,924 1,443,049 2,996,783 117,136 19,685 136,821 111,414 248,235 352,660 318,904 179,052 1,098,851 1,098,805 40,673 644,192 495,286 1,451,237 3,045,374 120,541 19,330 139,871 112,782 252,653 359,404 324,172 178,965 1,115,195 1,113,164 41,286 653,816 500,633 1,476,587 3,092,415 135,662 23,309 158,971 129,303 288,274 352,249 324,746 180,069 1,145,337 1,117,483 41,783 653,566 505,700 1,458,283 3,109,321 2Q 2005 3Q 2005 4Q 2005

(percent of total assets)

32
U.S. Census Bureau

All Durable Manufacturing Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Wood Products 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Wood Products Total Assets Under $25 Million 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 15,946 1,660 17,606 3,462 21,067 41,213 38,087 6,662 107,029 123,837 2,163 84,906 41,095 11,171 159,295 16,200 1,611 17,811 3,571 21,382 43,227 39,407 6,489 110,505 125,709 2,193 87,152 40,749 11,673 162,927 16,688 1,607 18,295 3,434 21,729 44,819 40,230 6,307 113,084 128,323 2,296 88,274 42,345 10,850 166,279 17,956 1,993 19,949 3,612 23,562 45,788 40,015 6,897 116,262 127,434 2,414 87,683 42,165 11,046 169,473 17,200 1,927 19,127 3,635 22,762 43,492 38,846 6,055 111,156 127,134 2,491 87,605 42,019 11,427 164,602 2,785 202 2,987 9,824 12,811 5,382 8,191 2,008 28,393 26,101 6,373 16,378 16,097 7,801 52,291

(million dollars) 2,422 195 2,616 10,050 12,666 5,838 8,249 2,000 28,753 28,106 6,568 17,824 16,850 7,937 53,540 2,687 228 2,915 11,242 14,157 7,083 8,926 2,325 32,492 32,970 6,552 21,984 17,538 7,950 57,981 2,165 243 2,408 11,320 13,728 7,367 9,125 2,437 32,657 33,649 6,420 22,885 17,184 7,416 57,257 2,687 324 3,011 12,213 15,224 6,695 9,415 2,406 33,740 34,709 6,544 23,555 17,697 6,894 58,332 1,080 136 1,216 284 1,501 2,709 3,754 519 8,483 9,301 250 5,993 3,558 521 12,562

(million dollars) 1,058 85 1,143 360 1,503 2,622 3,247 550 7,922 9,457 326 6,145 3,638 447 12,007 1,085 121 1,205 222 1,427 2,846 3,250 522 8,046 8,983 294 5,788 3,489 447 11,982 978 142 1,119 213 1,333 3,045 3,456 520 8,354 9,832 258 6,318 3,772 542 12,667 862 217 1,080 196 1,276 2,777 3,647 486 8,186 10,527 339 6,771 4,096 605 12,886

9,808 2,754 23,059 562 5,161 2,423 13,725 57,493 17,549 15,379 5,001 95,422 38,691 25,182 63,873 159,295

10,088 2,471 23,713 632 5,040 2,458 13,850 58,253 17,316 15,326 5,118 96,014 38,979 27,934 66,913 162,927

10,522 2,692 23,088 732 5,253 2,538 12,425 57,249 17,784 15,680 4,016 94,729 43,227 28,323 71,550 166,279

10,796 2,307 22,728 690 5,325 2,505 12,385 56,737 18,047 15,999 4,385 95,168 46,399 27,905 74,305 169,473

9,978 2,134 21,881 800 4,991 2,134 13,513 55,430 16,979 15,223 3,523 91,155 42,601 30,846 73,447 164,602

1,570 393 3,640 227 585 446 3,419 10,279 4,783 5,725 11,447 32,234 3,654 16,403 20,057 52,291

1,852 459 3,626 287 776 467 3,091 10,557 4,961 5,823 11,884 33,226 3,795 16,519 20,314 53,540

2,115 415 4,174 325 814 621 3,141 11,605 4,520 8,204 13,103 37,433 3,551 16,998 20,548 57,981

2,017 382 4,160 282 733 364 3,222 11,160 4,442 8,853 13,230 37,686 3,186 16,384 19,571 57,257

1,767 325 4,034 278 1,128 539 3,553 11,625 4,375 9,003 13,243 38,246 3,326 16,760 20,086 58,332

952 296 1,386 26 358 82 705 3,804 1,594 1,385 171 6,954 549 5,058 5,607 12,562

805 358 1,408 29 378 120 701 3,799 1,447 1,434 390 7,070 833 4,104 4,937 12,007

1,306 300 1,444 40 367 110 678 4,246 1,334 1,258 289 7,128 740 4,114 4,854 11,982

1,398 257 1,395 62 431 168 650 4,362 1,370 1,509 372 7,613 752 4,302 5,054 12,667

1,140 259 1,231 41 467 129 758 4,024 1,497 1,171 230 6,922 1,096 4,868 5,964 12,886

49,537

52,252

55,836

59,525

55,725

18,114

18,196

20,887

21,497

22,116

4,679

4,123

3,800

3,992

4,161

(percent of total assets)

(percent of total assets)

(percent of total assets)

13.2 25.9 23.9 67.2 25.8 12.6 36.1 20.7 59.9 40.1

13.1 26.5 24.2 67.8 25.0 12.3 35.8 20.0 58.9 41.1

13.1 27.0 24.2 68.0 25.5 12.6 34.4 20.1 57.0 43.0

13.9 27.0 23.6 68.6 24.9 12.4 33.5 20.1 56.2 43.8

13.8 26.4 23.6 67.5 25.5 11.7 33.7 19.6 55.4 44.6

24.5 10.3 15.7 54.3 30.8 5.7 19.7 20.1 61.6 38.4

23.7 10.9 15.4 53.7 31.5 6.6 19.7 20.1 62.1 37.9

24.4 12.2 15.4 56.0 30.2 6.8 20.0 21.9 64.6 35.4

24.0 12.9 15.9 57.0 30.0 6.1 19.5 23.2 65.8 34.2

26.1 11.5 16.1 57.8 30.3 6.4 19.9 22.9 65.6 34.4

11.9 21.6 29.9 67.5 28.3 13.4 30.3 23.7 55.4 44.6

12.5 21.8 27.0 66.0 30.3 13.8 31.6 24.0 58.9 41.1

11.9 23.8 27.1 67.2 29.1 17.4 35.4 21.6 59.5 40.5

10.5 24.0 27.3 65.9 29.8 17.8 34.4 22.7 60.1 39.9

9.9 21.6 28.3 63.5 31.8 15.5 31.2 20.7 53.7 46.3

33
U.S. Census Bureau

Table 9.0—Income Statement
For Corporations in NAICS Manufacturing Subsector 327 and Subsector 331
Nonmetallic Mineral Products Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100.0 5.0 88.2 6.8 2.3 0.4 4.9 1.9 3.0 100.0 5.3 89.7 5.1 2.5 (16.9) (14.3) 1.6 (15.9) (percent) OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BALANCE SHEET RATIOS (based on succeeding table) Total current assets to total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities to total current liabilities . . . . . . . . . . . . . . . . . . Total stockholders’ equity to total debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.38 0.31 1.08 1.43 0.28 0.96 1.46 0.30 1.03 1.58 0.35 1.14 1.43 0.37 1.12 12.74 7.90 4.28 2.65 (36.77) (40.80) (11.15) (12.37) 38.26 28.18 11.82 8.71 30.17 22.63 9.81 7.36 (8.82) 0.35 (2.71) 0.11 100.0 4.2 83.5 12.4 2.1 1.9 12.2 3.2 9.0 100.0 4.0 83.6 12.4 3.5 0.6 9.5 2.4 7.1 100.0 4.7 86.4 8.9 2.9 (8.9) (3.0) (3.1) 0.1 25,507 1,271 22,500 1,736 581 90 1,245 473 772 640 133 3,226 (149) 3,209 22,816 1,200 20,459 1,157 569 (3,850) (3,262) 357 (3,619) 451 (4,070) 3,762 (161) (469) 29,969 1,244 25,012 3,713 630 572 3,655 963 2,692 521 2,171 (947) (62) 1,161 33,592 1,344 28,082 4,165 1,181 202 3,187 796 2,391 424 1,967 2,515 (865) 3,617 30,214 1,429 26,092 2,694 885 (2,701) (893) (928) 35 1,318 (1,283) 3,058 (385) 1,391 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

34
U.S. Census Bureau

Nonmetallic Mineral Products Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Primary Metals 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Primary Metals Total Assets Under $25 Million 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 5,351 169 5,207 (25) 40 (2) (67) 27 (94) 151 (245) 4,172 (17) 3,910 4,281 134 3,997 150 34 11 127 28 99 141 (42) 4,388 (6) 4,340 5,759 145 4,864 751 47 116 820 45 775 193 581 4,376 (37) 4,920 6,203 155 5,472 577 41 18 553 38 515 184 331 4,397 (62) 4,666 5,545 186 5,092 267 54 16 229 57 172 266 (94) 5,187 (64) 5,030 44,452 1,325 39,510 3,616 686 1,127 4,057 433 3,624 686 2,938 27,923 (826) 30,035

(million dollars) 47,352 1,366 41,203 4,783 655 986 5,113 1,379 3,735 485 3,249 31,040 (1,209) 33,080 49,370 1,413 43,164 4,792 679 1,457 5,570 1,452 4,118 829 3,288 32,541 (166) 35,663 47,507 1,393 42,278 3,836 637 621 3,821 792 3,029 797 2,232 34,795 (154) 36,873 49,634 1,400 44,091 4,143 656 458 3,945 738 3,207 975 2,232 37,781 26 40,039 2,397 62 2,232 103 32 (13) 58 14 45 27 18 1,330 (23) 1,325

(million dollars) 2,465 55 2,261 150 19 1 132 14 118 40 79 1,410 37 1,526 2,750 63 2,472 215 25 (25) 165 11 154 63 90 1,392 (35) 1,448 2,384 60 2,180 144 21 (10) 112 9 104 26 78 1,292 (51) 1,318 2,825 62 2,600 163 21 (11) 131 20 111 39 72 1,635 4 1,710

(percent of net sales) 100.0 3.2 97.3 (0.5) 0.7 0.0 (1.3) 0.5 (1.8) 100.0 3.1 93.4 3.5 0.8 0.3 3.0 0.6 2.3 (percent) 100.0 2.5 84.5 13.0 0.8 2.0 14.2 0.8 13.5 100.0 2.5 88.2 9.3 0.7 0.3 8.9 0.6 8.3 100.0 3.4 91.8 4.8 1.0 0.3 4.1 1.0 3.1 100.0 3.0 88.9 8.1 1.5 2.5 9.1 1.0 8.2

(percent of net sales) 100.0 2.9 87.0 10.1 1.4 2.1 10.8 2.9 7.9 (percent) 100.0 2.9 87.4 9.7 1.4 3.0 11.3 2.9 8.3 100.0 2.9 89.0 8.1 1.3 1.3 8.0 1.7 6.4 100.0 2.8 88.8 8.3 1.3 0.9 7.9 1.5 6.5 100.0 2.6 93.1 4.3 1.3 (0.5) 2.4 0.6 1.9

(percent of net sales) 100.0 2.2 91.7 6.1 0.8 0.1 5.4 0.6 4.8 (percent) 100.0 2.3 89.9 7.8 0.9 (0.9) 6.0 0.4 5.6 100.0 2.5 91.5 6.0 0.9 (0.4) 4.7 0.4 4.3 100.0 2.2 92.0 5.8 0.7 (0.4) 4.6 0.7 3.9

(5.68) (7.91) (2.84) (3.95)

10.26 8.02 5.42 4.24

57.43 54.26 30.10 28.44

40.93 38.12 20.90 19.47

16.53 12.44 9.08 6.83

24.94 22.28 10.33 9.22

29.50 21.54 12.41 9.06

31.02 22.93 13.05 9.65

20.74 16.44 8.91 7.07

20.90 16.99 8.92 7.25

14.87 11.34 5.52 4.21

29.71 26.58 11.52 10.30

39.10 36.47 13.53 12.62

27.55 25.42 10.06 9.28

27.26 23.09 11.04 9.35

2.21 0.56 1.58

2.34 0.57 1.84

2.40 0.52 1.72

2.36 0.58 1.77

2.46 0.59 2.13

1.78 0.27 1.68

1.81 0.25 1.78

1.80 0.28 1.69

1.72 0.28 1.78

1.75 0.30 1.86

1.72 0.21 1.06

1.75 0.15 1.13

1.75 0.14 0.92

1.83 0.22 0.99

1.97 0.25 1.20

35
U.S. Census Bureau

Table 9.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsector 327 and Subsector 331
Nonmetallic Mineral Products Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in U.S. banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including marketable and government securities, commercial paper, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other short-term loans, including commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments. . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital (less treasury stock) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL Excess of total current assets over total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SELECTED BALANCE SHEET RATIOS Total cash, U.S. government and other securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Short-term debt, including installments on long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.1 10.3 8.1 27.3 38.8 3.8 19.7 27.5 66.4 33.6 5.5 10.6 8.9 28.0 38.9 4.1 19.6 27.3 69.7 30.3 6.3 12.5 8.6 30.3 38.2 3.8 20.8 26.3 69.1 30.9 7.0 12.9 8.2 31.5 37.8 3.0 19.9 25.6 67.5 32.5 7.9 11.1 8.0 30.3 38.6 3.3 21.2 24.3 69.2 30.8 8,784 9,865 11,830 15,022 11,925 1,291 704 7,704 907 776 1,640 9,937 22,959 9,583 22,376 22,377 77,296 35,892 3,209 39,102 116,398 1,448 810 7,368 996 769 1,823 9,688 22,901 9,854 22,082 26,673 81,511 35,950 (469) 35,481 116,992 1,444 812 8,248 1,465 784 1,608 11,299 25,661 10,947 21,577 27,262 85,447 37,058 1,161 38,219 123,666 1,153 612 8,969 1,582 866 1,328 11,388 25,897 11,414 21,806 28,608 87,726 38,640 3,617 42,257 129,983 924 941 8,675 1,318 977 1,548 13,482 27,865 10,969 20,931 31,277 91,043 39,093 1,391 40,484 131,526 5,370 863 6,233 874 7,107 11,975 9,416 3,247 31,744 75,763 9,121 39,731 45,153 39,500 116,398 4Q 2004 1Q 2005 (million dollars) 4,805 799 5,604 888 6,492 12,439 10,383 3,452 32,766 76,657 9,396 40,506 45,548 38,678 116,992 5,425 1,305 6,730 1,024 7,754 15,503 10,676 3,557 37,491 79,407 9,835 42,027 47,215 38,960 123,666 6,237 1,405 7,642 1,415 9,057 16,711 10,609 4,541 40,919 83,610 10,129 44,547 49,192 39,872 129,983 7,365 1,669 9,034 1,364 10,397 14,559 10,580 4,254 39,790 84,969 10,536 44,774 50,732 41,005 131,526 2Q 2005 3Q 2005 4Q 2005

(percent of total assets)

36
U.S. Census Bureau

Nonmetallic Mineral Products Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Primary Metals 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Primary Metals Total Assets Under $25 Million 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 1,191 140 1,331 158 1,489 2,473 1,544 329 5,836 9,472 252 6,703 3,020 635 9,491 1,137 118 1,255 170 1,424 2,492 1,598 312 5,826 9,206 260 6,516 2,950 556 9,333 1,109 134 1,243 260 1,503 3,215 1,754 444 6,916 10,216 296 7,079 3,433 545 10,894 1,252 189 1,441 220 1,661 3,172 1,530 402 6,765 10,007 299 6,870 3,435 386 10,586 1,147 105 1,252 252 1,504 2,901 1,502 385 6,291 9,773 353 6,878 3,248 556 10,095 3,539 1,291 4,830 3,613 8,443 19,040 23,081 5,370 55,934 103,575 4,837 56,935 51,477 49,742 157,152

(million dollars) 3,457 1,333 4,791 3,910 8,701 24,197 24,606 5,225 62,729 105,534 4,871 58,903 51,502 50,599 164,830 3,829 1,906 5,735 4,368 10,103 22,722 25,666 5,244 63,734 110,117 4,818 60,570 54,365 52,612 170,711 4,099 598 4,697 5,561 10,259 22,660 24,118 6,004 63,040 109,232 4,803 60,162 53,873 54,573 171,486 4,302 755 5,058 5,835 10,892 22,432 24,771 6,327 64,423 111,745 5,055 61,329 55,471 57,026 176,920 184 84 268 56 324 1,119 1,042 176 2,660 3,710 79 2,387 1,402 175 4,238

(million dollars) 119 29 148 84 232 1,322 1,082 157 2,794 3,718 77 2,308 1,486 317 4,597 202 9 210 34 244 1,443 1,104 210 3,001 4,465 92 2,912 1,646 221 4,868 261 6 267 69 336 1,294 963 174 2,767 4,204 86 2,804 1,486 212 4,466 296 6 301 74 376 1,384 1,019 199 2,978 4,200 112 2,818 1,494 272 4,744

459 105 1,166 34 296 140 436 2,636 1,165 834 114 4,749 832 3,910 4,742 9,491

396 110 1,159 45 292 102 390 2,492 1,036 750 123 4,402 591 4,340 4,931 9,333

545 93 1,280 49 378 122 411 2,876 1,233 943 132 5,184 790 4,920 5,710 10,894

414 34 1,423 42 406 104 447 2,871 1,194 908 207 5,180 741 4,666 5,407 10,586

334 11 1,223 49 344 167 428 2,555 1,062 684 247 4,548 516 5,030 5,546 10,095

1,705 619 13,166 920 1,127 2,718 11,206 31,460 6,942 25,607 28,065 92,075 35,043 30,035 65,077 157,152

1,892 682 15,247 1,825 983 2,550 11,424 34,603 7,513 25,386 27,990 95,492 36,258 33,080 69,338 164,830

2,970 533 13,789 1,786 1,381 2,570 12,423 35,451 8,172 26,901 28,367 98,891 36,156 35,663 71,820 170,711

2,558 1,751 13,686 1,527 1,427 2,278 13,391 36,618 7,576 25,692 27,924 97,809 36,804 36,873 73,677 171,486

2,497 1,990 14,529 1,527 1,452 1,305 13,524 36,824 7,474 25,898 31,229 101,426 35,456 40,039 75,494 176,920

280 70 729 35 89 48 300 1,550 494 498 123 2,665 248 1,325 1,573 4,238

227 73 783 27 150 37 297 1,595 568 515 137 2,815 256 1,526 1,782 4,597

255 73 735 34 180 48 384 1,710 604 661 209 3,184 236 1,448 1,684 4,868

257 10 649 10 170 67 350 1,514 563 584 174 2,835 312 1,318 1,630 4,466

189 9 704 14 182 77 337 1,511 559 583 169 2,822 212 1,710 1,922 4,744

3,200

3,335

4,040

3,895

3,735

24,473

28,126

28,283

26,422

27,598

1,110

1,198

1,291

1,253

1,466

(percent of total assets)

(percent of total assets)

(percent of total assets)

15.7 26.1 16.3 61.5 31.8 10.5 27.8 21.1 50.0 50.0

15.3 26.7 17.1 62.4 31.6 9.6 26.7 19.1 47.2 52.8

13.8 29.5 16.1 63.5 31.5 10.4 26.4 20.0 47.6 52.4

15.7 30.0 14.5 63.9 32.5 9.1 27.1 19.9 48.9 51.1

14.9 28.7 14.9 62.3 32.2 8.5 25.3 17.3 45.1 54.9

5.4 12.1 14.7 35.6 32.8 3.9 20.0 20.7 58.6 41.4

5.3 14.7 14.9 38.1 31.2 3.7 21.0 20.0 57.9 42.1

5.9 13.3 15.0 37.3 31.8 4.4 20.8 20.5 57.9 42.1

6.0 13.2 14.1 36.8 31.4 4.7 21.4 19.4 57.0 43.0

6.2 12.7 14.0 36.4 31.4 4.1 20.8 18.9 57.3 42.7

7.6 26.4 24.6 62.8 33.1 11.5 36.6 23.4 62.9 37.1

5.1 28.8 23.5 60.8 32.3 10.6 34.7 23.5 61.2 38.8

5.0 29.6 22.7 61.6 33.8 11.4 35.1 26.0 65.4 34.6

7.5 29.0 21.6 62.0 33.3 11.3 33.9 25.7 63.5 36.5

7.9 29.2 21.5 62.8 31.5 9.6 31.9 24.1 59.5 40.5

37
U.S. Census Bureau

Table 10.0—Income Statement
For Corporations in NAICS Manufacturing Industry Groups 3311 and 3312, and Industry Groups 3313 and 3314
Iron, Steel, and Ferroalloys1 Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100.0 2.6 85.9 11.5 1.2 0.1 10.4 0.7 9.6 100.0 2.5 85.5 12.0 1.0 1.5 12.4 3.7 8.7 (percent) OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BALANCE SHEET RATIOS (based on succeeding table) Total current assets to total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities to total current liabilities . . . . . . . . . . . . . . . . . . Total stockholders’ equity to total debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

2Q 2005

3Q 2005

4Q 2005

23,733 623 20,391 2,720 294 32 2,458 172 2,285 336 1,949 7,431 (33) 9,347

25,140 633 21,493 3,013 260 372 3,126 929 2,197 202 1,995 9,533 (210) 11,318

25,335 634 22,084 2,617 303 155 2,469 688 1,781 315 1,467 9,998 (133) 11,332

23,293 606 20,755 1,933 275 218 1,876 440 1,436 154 1,281 10,171 (97) 11,356

24,054 606 21,200 2,248 295 352 2,304 579 1,725 315 1,410 11,570 (203) 12,777

(percent of net sales) 100.0 2.5 87.2 10.3 1.2 0.6 9.7 2.7 7.0 100.0 2.6 89.1 8.3 1.2 0.9 8.1 1.9 6.2 100.0 2.5 88.1 9.3 1.2 1.5 9.6 2.4 7.2

39.81 37.02 15.13 14.07

45.36 31.88 18.29 12.86

34.68 25.02 13.78 9.94

25.84 19.78 10.63 8.13

31.86 23.85 12.57 9.41

2.19 0.37 1.60

2.25 0.39 1.75

2.29 0.38 1.60

2.25 0.43 1.77

2.24 0.47 1.76

Included in Primary Metals.

38
U.S. Census Bureau

Iron, Steel, and Ferroalloys Total Assets Under $25 Million1 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Nonferrous Metals1 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Nonferrous Metals Total Assets Under $25 Million1 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 543 15 462 65 4 (14) 47 6 40 7 34 547 (48) 533 562 16 518 28 4 0 24 (1) 25 6 19 591 (4) 606 734 18 610 106 7 (12) 87 4 83 14 69 663 (33) 699 732 16 646 70 7 0 63 8 55 9 46 613 (39) 620 669 13 585 70 5 3 68 12 57 6 51 559 4 614 16,212 572 14,735 906 314 1,082 1,674 238 1,436 329 1,107 17,744 (762) 18,088

(million dollars) 17,223 588 15,251 1,384 312 580 1,652 400 1,252 203 1,049 18,507 (969) 18,588 18,345 621 16,071 1,654 280 1,256 2,630 673 1,958 370 1,588 19,095 59 20,742 18,727 637 16,539 1,551 283 373 1,640 286 1,354 561 793 20,572 (126) 21,240 19,914 643 17,787 1,483 281 83 1,284 102 1,183 607 576 21,553 255 22,385 849 15 809 25 6 2 20 2 18 1 17 268 21 306

(million dollars) 854 12 780 62 5 1 58 13 45 10 35 306 33 374 827 13 773 41 5 (10) 26 3 23 2 21 155 (1) 175 531 12 491 28 4 (12) 11 0 11 3 8 134 (8) 134 789 16 745 28 5 (9) 13 5 9 5 3 286 (6) 283

(percent of net sales) 100.0 2.8 85.2 12.0 0.8 (2.6) 8.6 1.2 7.4 100.0 2.8 92.2 5.0 0.7 0.0 4.2 (0.2) 4.5 (percent) 100.0 2.4 83.1 14.5 1.0 (1.6) 11.9 0.6 11.3 100.0 2.2 88.2 9.6 0.9 0.0 8.7 1.2 7.5 100.0 2.0 87.5 10.5 0.8 0.5 10.2 1.7 8.5 100.0 3.5 90.9 5.6 1.9 6.7 10.3 1.5 8.9

(percent of net sales) 100.0 3.4 88.5 8.0 1.8 3.4 9.6 2.3 7.3 (percent) 100.0 3.4 87.6 9.0 1.5 6.8 14.3 3.7 10.7 100.0 3.4 88.3 8.3 1.5 2.0 8.8 1.5 7.2 100.0 3.2 89.3 7.4 1.4 0.4 6.4 0.5 5.9 100.0 1.8 95.3 2.9 0.8 0.3 2.4 0.2 2.2

(percent of net sales) 100.0 1.4 91.4 7.2 0.6 0.1 6.8 1.5 5.2 (percent) 100.0 1.5 93.5 4.9 0.6 (1.2) 3.1 0.4 2.7 100.0 2.3 92.5 5.2 0.8 (2.2) 2.1 0.0 2.1 100.0 2.0 94.5 3.5 0.7 (1.2) 1.7 0.6 1.1

31.08 26.76 15.82 13.62

14.22 15.00 7.08 7.47

46.94 44.75 21.89 20.87

38.09 33.00 16.84 14.59

41.56 34.46 19.64 16.29

18.59 15.94 8.47 7.27

18.05 13.68 8.01 6.07

27.82 20.71 12.52 9.32

16.92 13.97 7.66 6.32

12.77 11.76 5.82 5.36

21.66 19.49 7.49 6.74

51.47 39.92 17.70 13.73

37.34 32.46 9.39 8.16

19.83 19.83 5.55 5.55

16.45 10.81 5.43 3.57

2.44 0.17 1.80

2.14 0.11 1.67

2.69 0.21 1.46

3.17 0.28 1.35

3.36 0.32 1.51

1.37 0.16 1.93

1.40 0.13 1.96

1.36 0.22 1.92

1.28 0.16 1.93

1.32 0.17 2.05

1.45 0.16 1.03

1.32 0.10 1.12

1.28 0.04 0.70

1.18 0.05 0.75

1.28 0.11 1.08

39
U.S. Census Bureau

Table 10.1—Balance Sheet
For Corporations in NAICS Manufacturing Industry Groups 3311 and 3312, and Industry Groups 3313 and 3314
Iron, Steel, and Ferroalloys1 Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in U.S. banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including marketable and government securities, commercial paper, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other short-term loans, including commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments. . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital (less treasury stock) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL Excess of total current assets over total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SELECTED BALANCE SHEET RATIOS Total cash, U.S. government and other securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Short-term debt, including installments on long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

4Q 2004

1Q 2005 (million dollars)

2Q 2005

3Q 2005

4Q 2005

2,204 909 3,113 1,968 5,081 9,381 13,602 2,147 30,211 47,267 1,054 24,482 23,839 10,941 64,991

2,422 1,044 3,466 2,318 5,784 10,731 14,558 2,121 33,194 48,355 1,045 25,338 24,062 11,087 68,343

2,497 1,108 3,605 1,985 5,590 10,886 15,283 2,290 34,049 51,656 1,145 25,831 26,970 10,670 71,689

2,715 303 3,018 3,434 6,451 10,589 13,985 2,373 33,398 50,300 1,115 25,187 26,228 10,965 70,591

2,694 423 3,116 3,994 7,110 10,195 14,259 2,369 33,933 50,946 1,169 25,555 26,560 12,858 73,350

508 151 6,999 437 353 621 4,704 13,772 2,745 11,064 12,717 40,298 15,346 9,347 24,693 64,991

641 180 7,208 500 450 661 5,125 14,765 2,960 10,830 12,225 40,779 16,247 11,318 27,565 68,343

601 101 7,095 382 428 835 5,416 14,857 3,145 12,702 12,505 43,210 17,147 11,332 28,479 71,689

507 32 6,815 307 504 830 5,874 14,869 2,693 11,866 12,128 41,557 17,678 11,356 29,034 70,591

461 17 7,083 440 594 743 5,805 15,141 2,839 11,796 14,645 44,421 16,153 12,777 28,930 73,350

16,439

18,429

19,191

18,529

18,792

(percent of total assets)

7.8 14.4 20.9 46.5 36.7 2.5 21.2 21.2 62.0 38.0

8.5 15.7 21.3 48.6 35.2 2.8 21.6 20.2 59.7 40.3

7.8 15.2 21.3 47.5 37.6 2.7 20.7 22.1 60.3 39.7

9.1 15.0 19.8 47.3 37.2 2.7 21.1 20.6 58.9 41.1

9.7 13.9 19.4 46.3 36.2 2.5 20.6 20.0 60.6 39.4

Included in Primary Metals.

40
U.S. Census Bureau

Iron, Steel, and Ferroalloys Total Assets Under $25 Million1 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Nonferrous Metals1 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Nonferrous Metals Total Assets Under $25 Million1 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 32 19 51 0 51 276 389 18 733 888 4 469 422 24 1,179 30 13 43 2 46 323 485 18 872 884 4 441 447 25 1,344 81 0 81 2 83 367 546 57 1,054 1,091 5 629 467 73 1,594 92 0 92 0 93 409 515 37 1,054 911 6 542 375 78 1,507 91 0 91 1 92 356 488 27 963 771 5 485 290 138 1,391 964 358 1,321 913 2,235 7,154 7,228 2,857 19,474 47,309 3,543 26,963 23,889 35,683 79,046

(million dollars) 644 278 922 1,152 2,074 10,569 7,644 2,694 22,981 47,192 3,549 27,361 23,379 36,139 82,499 893 789 1,682 1,995 3,677 8,649 7,795 2,504 22,625 47,514 3,377 27,831 23,060 38,380 84,065 817 290 1,106 1,731 2,838 8,818 7,644 3,223 22,522 48,188 3,399 28,322 23,265 39,897 85,684 1,089 327 1,416 1,545 2,962 9,080 7,919 3,483 23,444 50,067 3,577 29,088 24,557 40,244 88,244 42 40 83 0 83 324 274 73 753 607 12 316 303 32 1,088

(million dollars) 11 5 16 45 60 375 281 57 773 640 9 298 352 180 1,304 21 0 21 0 21 388 210 60 679 768 12 404 376 49 1,104 18 0 18 0 18 224 144 50 437 744 8 407 345 35 817 48 0 48 0 48 307 162 45 563 808 13 434 387 43 993

34 0 171 7 26 0 63 300 177 97 5 579 68 533 600 1,179

47 1 197 6 87 1 67 407 180 83 4 675 64 606 669 1,344

71 0 166 2 47 5 102 392 175 212 72 851 44 699 743 1,594

36 0 158 8 23 13 96 332 118 304 87 841 46 620 666 1,507

21 0 129 7 19 22 88 287 94 277 75 733 43 614 657 1,391

866 452 4,596 453 391 2,055 5,353 14,165 1,932 12,954 13,974 43,026 17,931 18,088 36,020 79,046

861 484 6,449 1,255 398 1,843 5,126 16,415 2,137 12,917 14,418 45,887 18,025 18,588 36,612 82,499

1,960 418 4,969 1,308 515 1,690 5,770 16,631 2,410 12,714 14,489 46,245 17,078 20,742 37,820 84,065

1,664 1,705 5,061 1,169 413 1,391 6,240 17,643 2,426 12,457 14,388 46,915 17,529 21,240 38,769 85,684

1,645 1,953 5,698 1,056 325 496 6,528 17,703 2,461 12,734 15,110 48,008 17,851 22,385 40,236 88,244

126 69 168 21 21 28 89 521 56 67 68 712 70 306 376 1,088

94 70 261 19 25 23 93 585 109 80 82 856 74 374 449 1,304

79 73 198 18 31 23 110 531 97 94 105 826 102 175 278 1,104

85 9 134 1 29 21 92 371 105 56 57 589 94 134 229 817

77 4 193 5 34 23 105 439 119 49 58 665 45 283 328 993

433

465

662

722

677

5,308

6,566

5,994

4,879

5,741

232

188

148

66

123

(percent of total assets)

(percent of total assets)

(percent of total assets)

4.4 23.4 33.0 62.2 35.8 5.1 25.5 23.2 49.1 50.9

3.4 24.0 36.1 64.9 33.2 10.2 30.3 19.6 50.2 49.8

5.2 23.0 34.3 66.1 29.3 7.7 24.6 24.3 53.4 46.6

6.1 27.1 34.2 69.9 24.9 4.7 22.0 28.0 55.8 44.2

6.6 25.6 35.1 69.3 20.8 4.5 20.6 26.7 52.7 47.3

2.8 9.1 9.1 24.6 30.2 4.8 17.9 18.8 54.4 45.6

2.5 12.8 9.3 27.9 28.3 4.3 19.9 18.2 55.6 44.4

4.4 10.3 9.3 26.9 27.4 5.5 19.8 18.0 55.0 45.0

3.3 10.3 8.9 26.3 27.2 6.0 20.6 17.4 54.8 45.2

3.4 10.3 9.0 26.6 27.8 5.0 20.1 17.2 54.4 45.6

7.6 29.7 25.2 69.2 27.9 22.3 47.9 11.3 65.4 34.6

4.6 28.7 21.5 59.3 26.9 16.3 44.9 14.5 65.6 34.4

1.9 35.1 19.0 61.5 34.0 18.6 48.1 17.3 74.9 25.2

2.3 27.5 17.6 53.5 42.3 17.6 45.4 19.7 72.0 28.0

4.8 30.9 16.4 56.7 39.0 13.8 44.2 16.8 67.0 33.0

41
U.S. Census Bureau

Table 11.0—Income Statement
For Corporations in NAICS Manufacturing Industry Group 3315 and Subsector 332
Foundries1 Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100.0 2.9 97.3 (0.2) 1.7 0.3 (1.6) 0.5 (2.2) 100.0 2.9 89.4 7.7 1.7 0.7 6.7 1.0 5.7 (percent) OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BALANCE SHEET RATIOS (based on succeeding table) Total current assets to total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities to total current liabilities . . . . . . . . . . . . . . . . . . Total stockholders’ equity to total debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

2Q 2005

3Q 2005

4Q 2005

4,506 131 4,385 (10) 78 14 (74) 23 (97) 21 (118) 2,748 (30) 2,600

4,989 145 4,459 385 83 34 335 50 286 81 205 3,000 (30) 3,174

5,690 159 5,010 521 97 46 470 92 379 144 234 3,448 (92) 3,590

5,487 151 4,984 353 79 31 305 65 240 82 158 4,052 68 4,278

5,666 150 5,103 413 80 23 356 57 299 53 246 4,657 (26) 4,877

(percent of net sales) 100.0 2.8 88.1 9.2 1.7 0.8 8.3 1.6 6.7 100.0 2.7 90.8 6.4 1.4 0.6 5.6 1.2 4.4 100.0 2.6 90.1 7.3 1.4 0.4 6.3 1.0 5.3

(6.78) (8.90) (2.26) (2.96)

26.00 22.14 9.59 8.17

34.08 27.43 12.58 10.12

20.75 16.33 8.01 6.31

22.51 18.90 9.30 7.81

1.77 0.32 0.94

1.91 0.25 1.11

1.78 0.21 1.10

1.73 0.24 1.23

1.77 0.21 1.39

Included in Primary Metals.

42
U.S. Census Bureau

Foundries Total Assets Under $25 Million1 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Fabricated Metal Products 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Fabricated Metal Products Total Assets Under $25 Million 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 1,005 31 961 13 21 (1) (9) 5 (14) 19 (33) 515 4 486 1,050 27 962 61 10 0 51 2 49 23 25 512 8 546 1,189 33 1,089 68 12 (4) 51 4 48 47 0 574 (1) 573 1,121 32 1,042 46 10 2 37 0 37 14 23 545 (4) 564 1,368 34 1,270 64 10 (5) 49 4 45 28 17 790 6 813 56,513 1,680 51,585 3,248 857 587 2,978 781 2,197 1,316 880 54,882 (353) 55,409

(million dollars) 57,260 1,653 50,829 4,778 776 367 4,369 890 3,479 1,789 1,690 54,905 (64) 56,531 62,038 1,712 54,424 5,902 1,010 887 5,779 1,116 4,663 1,680 2,983 55,903 (391) 58,495 61,772 1,692 54,036 6,045 923 803 5,925 1,244 4,681 1,403 3,278 58,460 (116) 61,622 61,010 1,707 54,982 4,321 966 650 4,004 1,256 2,748 1,531 1,216 61,681 (876) 62,022 25,978 793 24,349 837 249 (227) 361 100 261 640 (379) 19,030 (117) 18,534

(million dollars) 26,301 753 23,365 2,183 226 (71) 1,886 193 1,693 1,012 681 18,130 (7) 18,804 27,774 795 24,457 2,521 241 1 2,281 168 2,113 1,051 1,062 17,432 (180) 18,315 26,906 750 23,599 2,558 227 20 2,351 169 2,182 794 1,388 17,916 90 19,393 27,617 798 25,667 1,152 249 (69) 834 122 712 885 (174) 19,754 (227) 19,353

(percent of net sales) 100.0 3.1 95.6 1.3 2.1 (0.1) (0.9) 0.5 (1.4) 100.0 2.6 91.6 5.8 0.9 0.0 4.8 0.2 4.6 (percent) 100.0 2.7 91.6 5.7 1.0 (0.3) 4.3 0.3 4.0 100.0 2.9 93.0 4.1 0.9 0.2 3.3 0.0 3.3 100.0 2.5 92.8 4.7 0.8 (0.3) 3.6 0.3 3.3 100.0 3.0 91.3 5.7 1.5 1.0 5.3 1.4 3.9

(percent of net sales) 100.0 2.9 88.8 8.3 1.4 0.6 7.6 1.6 6.1 (percent) 100.0 2.8 87.7 9.5 1.6 1.4 9.3 1.8 7.5 100.0 2.7 87.5 9.8 1.5 1.3 9.6 2.0 7.6 100.0 2.8 90.1 7.1 1.6 1.1 6.6 2.1 4.5 100.0 3.1 93.7 3.2 1.0 (0.9) 1.4 0.4 1.0

(percent of net sales) 100.0 2.9 88.8 8.3 0.9 (0.3) 7.2 0.7 6.4 (percent) 100.0 2.9 88.1 9.1 0.9 0.0 8.2 0.6 7.6 100.0 2.8 87.7 9.5 0.8 0.1 8.7 0.6 8.1 100.0 2.9 92.9 4.2 0.9 (0.2) 3.0 0.4 2.6

(5.74) (9.33) (1.74) (2.82)

30.62 29.23 10.44 9.96

31.05 28.86 9.49 8.82

20.40 20.29 7.01 6.97

21.01 19.41 8.34 7.70

15.97 11.78 6.89 5.09

23.65 18.84 9.98 7.95

30.61 24.70 12.87 10.38

30.20 23.86 12.80 10.11

20.10 13.80 8.59 5.89

6.80 4.91 2.95 2.13

35.03 31.45 15.34 13.77

42.33 39.21 18.42 17.06

41.94 38.92 19.34 17.94

14.58 12.44 6.68 5.70

1.61 0.26 0.76

1.90 0.21 0.86

1.61 0.18 0.72

1.57 0.28 0.86

1.85 0.30 1.09

1.74 0.29 1.48

1.69 0.25 1.40

1.69 0.26 1.41

1.59 0.27 1.39

1.57 0.28 1.39

1.88 0.35 1.24

1.94 0.36 1.31

1.91 0.35 1.28

2.00 0.40 1.43

1.97 0.39 1.45

43
U.S. Census Bureau

Table 11.1—Balance Sheet
For Corporations in NAICS Manufacturing Industry Group 3315 and Subsector 332
Foundries1 Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in U.S. banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including marketable and government securities, commercial paper, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other short-term loans, including commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments. . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital (less treasury stock) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL Excess of total current assets over total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SELECTED BALANCE SHEET RATIOS Total cash, U.S. government and other securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Short-term debt, including installments on long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

4Q 2004

1Q 2005 (million dollars)

2Q 2005

3Q 2005

4Q 2005

372 25 396 731 1,127 2,505 2,251 366 6,249 9,000 240 5,491 3,749 3,117 13,115

392 11 403 440 843 2,898 2,404 410 6,554 9,987 277 6,204 4,061 3,373 13,988

439 9 447 388 836 3,187 2,588 450 7,060 10,946 296 6,907 4,335 3,563 14,957

568 6 573 396 970 3,253 2,489 408 7,120 10,744 288 6,653 4,380 3,711 15,211

519 6 525 296 821 3,157 2,593 475 7,046 10,732 309 6,686 4,355 3,925 15,326

331 15 1,571 30 383 42 1,150 3,523 2,265 1,589 1,373 8,750 1,765 2,600 4,365 13,115

390 18 1,591 71 135 45 1,173 3,423 2,417 1,639 1,347 8,826 1,987 3,174 5,161 13,988

409 14 1,724 96 438 45 1,237 3,963 2,617 1,484 1,372 9,436 1,931 3,590 5,521 14,957

387 15 1,810 51 509 57 1,277 4,105 2,457 1,368 1,407 9,337 1,596 4,278 5,874 15,211

391 20 1,748 31 533 66 1,191 3,980 2,174 1,369 1,474 8,997 1,452 4,877 6,329 15,326

2,726

3,132

3,097

3,015

3,066

(percent of total assets)

8.6 19.1 17.2 47.6 28.6 5.9 26.9 29.4 66.7 33.3

6.0 20.7 17.2 46.9 29.0 4.2 24.5 29.0 63.1 36.9

5.6 21.3 17.3 47.2 29.0 6.1 26.5 27.4 63.1 36.9

6.4 21.4 16.4 46.8 28.8 6.4 27.0 25.1 61.4 38.6

5.4 20.6 16.9 46.0 28.4 6.6 26.0 23.1 58.7 41.3

Included in Primary Metals.

44
U.S. Census Bureau

Foundries Total Assets Under $25 Million1 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Fabricated Metal Products 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Fabricated Metal Products Total Assets Under $25 Million 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 110 25 134 56 190 520 379 85 1,174 2,215 63 1,602 677 120 1,971 78 11 89 37 126 624 316 82 1,149 2,194 63 1,569 688 112 1,949 100 9 108 32 140 688 348 92 1,268 2,606 75 1,878 803 99 2,170 150 6 156 68 225 661 304 87 1,277 2,548 72 1,855 766 99 2,141 157 6 163 73 236 721 368 127 1,452 2,622 94 1,899 817 92 2,361 7,338 1,035 8,374 3,358 11,731 29,323 23,892 6,113 71,060 101,967 2,014 65,518 38,464 63,264 172,788

(million dollars) 7,125 995 8,120 2,609 10,729 31,503 24,953 6,041 73,226 104,453 1,988 68,343 38,097 63,814 175,137 7,546 1,094 8,641 3,232 11,873 33,036 25,931 5,896 76,736 106,339 1,995 69,486 38,848 64,093 179,677 8,225 1,100 9,325 3,610 12,935 33,223 24,870 6,087 77,115 105,143 2,244 69,052 38,335 69,688 185,138 9,034 1,034 10,067 3,487 13,554 31,513 25,248 6,280 76,595 105,486 2,029 68,348 39,167 70,730 186,492 4,576 433 5,009 863 5,872 13,659 9,659 2,019 31,209 48,604 570 34,428 14,745 3,044 48,998

(million dollars) 4,574 398 4,971 925 5,897 14,492 9,828 1,921 32,137 50,063 536 36,541 14,058 2,982 49,177 4,591 403 4,994 862 5,856 14,489 10,176 1,751 32,272 50,529 527 36,555 14,501 2,771 49,544 5,162 385 5,547 950 6,497 14,065 9,528 1,963 32,053 49,204 567 35,887 13,884 2,693 48,630 5,156 453 5,609 732 6,341 14,170 9,840 1,858 32,209 49,725 612 35,707 14,630 3,087 49,927

120 1 390 7 42 20 148 729 262 334 50 1,374 110 486 596 1,971

86 2 325 2 39 12 137 603 278 352 51 1,284 118 546 664 1,949

105 0 372 15 103 21 172 788 332 355 32 1,507 90 573 663 2,170

137 1 358 1 119 34 162 811 340 224 30 1,406 172 564 735 2,141

92 6 382 2 129 32 143 786 347 257 35 1,424 124 813 937 2,361

4,836 1,728 15,659 844 2,721 1,290 13,722 40,801 18,996 20,747 17,648 98,192 19,187 55,409 74,596 172,788

4,898 2,669 16,382 989 3,687 1,208 13,616 43,449 19,224 21,041 17,549 101,264 17,342 56,531 73,873 175,137

4,894 2,386 16,726 1,115 4,308 1,287 14,566 45,283 20,022 20,812 18,052 104,168 17,013 58,495 75,509 179,677

5,101 5,917 15,952 1,094 4,039 1,305 14,986 48,395 20,119 20,011 18,131 106,655 16,861 61,622 78,483 185,138

4,838 6,396 16,496 1,000 3,242 1,101 15,591 48,664 19,986 21,778 16,395 106,822 17,648 62,022 79,670 186,492

3,531 502 6,725 126 2,185 730 2,841 16,639 6,384 3,744 988 27,755 2,709 18,534 21,243 48,998

3,434 368 7,071 185 1,865 704 2,954 16,582 6,039 4,051 976 27,648 2,726 18,804 21,530 49,177

3,351 505 6,934 238 2,104 774 2,991 16,896 6,239 3,924 929 27,988 3,241 18,315 21,556 49,544

3,318 398 6,237 167 2,021 784 3,129 16,055 5,846 3,305 1,004 26,210 3,027 19,393 22,420 48,630

3,225 404 6,464 187 1,741 597 3,690 16,309 5,921 3,906 912 27,047 3,526 19,353 22,879 49,927

445

546

480

466

666

30,259

29,777

31,453

28,720

27,932

14,570

15,556

15,376

15,998

15,900

(percent of total assets)

(percent of total assets)

(percent of total assets)

9.6 26.4 19.2 59.6 34.3 9.3 37.0 30.2 69.7 30.3

6.5 32.0 16.2 58.9 35.3 7.2 30.9 32.3 65.9 34.1

6.5 31.7 16.0 58.4 37.0 10.5 36.3 31.7 69.4 30.6

10.5 30.9 14.2 59.6 35.8 13.5 37.9 26.4 65.7 34.3

10.0 30.5 15.6 61.5 34.6 10.9 33.3 25.6 60.3 39.7

6.8 17.0 13.8 41.1 22.3 6.1 23.6 23.0 56.8 43.2

6.1 18.0 14.2 41.8 21.8 7.1 24.8 23.0 57.8 42.2

6.6 18.4 14.4 42.7 21.6 7.2 25.2 22.7 58.0 42.0

7.0 17.9 13.4 41.7 20.7 8.8 26.1 21.7 57.6 42.4

7.3 16.9 13.5 41.1 21.0 8.4 26.1 22.4 57.3 42.7

12.0 27.9 19.7 63.7 30.1 14.2 34.0 20.7 56.6 43.4

12.0 29.5 20.0 65.3 28.6 13.0 33.7 20.5 56.2 43.8

11.8 29.2 20.5 65.1 29.3 13.6 34.1 20.5 56.5 43.5

13.4 28.9 19.6 65.9 28.6 13.4 33.0 18.8 53.9 46.1

12.7 28.4 19.7 64.5 29.3 12.0 32.7 19.7 54.2 45.8

45
U.S. Census Bureau

Table 12.0—Income Statement
For Corporations in NAICS Manufacturing Subsector 333 and Subsector 334
Machinery Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100.0 2.6 92.5 4.9 1.7 2.3 5.5 1.5 4.0 100.0 2.6 91.4 6.0 1.8 1.9 6.2 1.2 5.0 (percent) OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BALANCE SHEET RATIOS (based on succeeding table) Total current assets to total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities to total current liabilities . . . . . . . . . . . . . . . . . . Total stockholders’ equity to total debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.48 0.29 1.74 1.52 0.27 1.73 1.46 0.24 1.74 1.48 0.25 1.82 1.43 0.25 1.87 12.67 9.26 4.90 3.58 13.75 11.15 5.36 4.35 20.51 16.09 7.99 6.27 18.59 15.45 7.37 6.12 17.69 13.58 7.02 5.39 100.0 2.3 89.6 8.0 1.7 2.0 8.4 1.8 6.6 100.0 2.4 89.7 7.9 1.6 1.6 7.9 1.3 6.5 100.0 2.4 90.4 7.1 1.9 2.4 7.6 1.8 5.8 73,225 1,935 67,708 3,582 1,254 1,670 3,999 1,076 2,923 1,431 1,492 52,668 202 54,362 72,759 1,908 66,469 4,382 1,281 1,408 4,508 850 3,658 1,202 2,456 55,513 (136) 57,833 81,877 1,900 73,389 6,588 1,368 1,626 6,846 1,475 5,370 1,409 3,961 56,610 (113) 60,459 81,730 1,962 73,314 6,453 1,310 1,283 6,426 1,086 5,340 1,102 4,238 60,713 (328) 64,623 81,613 1,996 73,804 5,813 1,566 1,921 6,168 1,432 4,736 1,892 2,844 65,500 (651) 67,692 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

46
U.S. Census Bureau

Machinery Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

Computer and Electronic Products 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

Computer and Electronic Products Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 12,473 327 11,726 421 137 (8) 276 41 235 385 (150) 6,583 69 6,502 12,649 290 11,384 975 130 (32) 813 88 725 561 164 7,938 5 8,106 13,352 307 11,883 1,162 133 8 1,036 128 909 400 509 6,412 33 6,954 13,576 301 12,192 1,084 154 21 952 145 807 403 403 6,855 43 7,301 13,914 292 12,871 752 135 (106) 510 111 400 336 64 6,576 (111) 6,529 139,786 5,842 126,236 7,708 1,518 12,653 18,843 5,133 13,710 1,627 12,083 (12,293) (6,994) (7,204)

(million dollars) 131,625 5,673 120,662 5,291 1,375 12,417 16,333 4,730 11,603 3,206 8,397 (5,672) (11,042) (8,317) 136,046 5,672 122,689 7,685 1,458 12,319 18,546 5,374 13,172 1,702 11,470 (3,800) (4,356) 3,315 137,691 5,629 123,267 8,796 1,538 12,272 19,530 6,390 13,139 2,135 11,004 (1,681) (1,596) 7,727 143,379 5,584 128,479 9,316 1,502 12,257 20,071 6,081 13,989 1,858 12,131 13,019 (6,181) 18,969 6,883 197 6,773 (87) 88 (34) (209) 55 (264) 219 (484) (13,240) (119) (13,843)

(million dollars) 6,696 190 6,494 11 60 58 10 67 (57) 160 (217) (13,484) (153) (13,854) 7,274 187 6,910 176 70 15 122 96 26 269 (242) (11,282) (18) (11,543) 7,823 180 7,446 197 71 23 150 117 33 164 (131) 7,168 181 7,356 (369) 86 23 (431) 76 (507) 233 (740)

(13,571) (12,852) 138 (13)

(13,565) (13,605)

(percent of net sales) 100.0 2.6 94.0 3.4 1.1 (0.1) 2.2 0.3 1.9 100.0 2.3 90.0 7.7 1.0 (0.3) 6.4 0.7 5.7 (percent) 100.0 2.3 89.0 8.7 1.0 0.1 7.8 1.0 6.8 100.0 2.2 89.8 8.0 1.1 0.2 7.0 1.1 5.9 100.0 2.1 92.5 5.4 1.0 (0.8) 3.7 0.8 2.9 100.0 4.2 90.3 5.5 1.1 9.1 13.5 3.7 9.8

(percent of net sales) 100.0 4.3 91.7 4.0 1.0 9.4 12.4 3.6 8.8 (percent) 100.0 4.2 90.2 5.6 1.1 9.1 13.6 3.9 9.7 100.0 4.1 89.5 6.4 1.1 8.9 14.2 4.6 9.5 100.0 3.9 89.6 6.5 1.0 8.5 14.0 4.2 9.8 100.0 2.9 98.4 (1.3) 1.3 (0.5) (3.0) 0.8 (3.8)

(percent of net sales) 100.0 2.8 97.0 0.2 0.9 0.9 0.2 1.0 (0.8) (percent) 100.0 2.6 95.0 2.4 1.0 0.2 1.7 1.3 0.4 100.0 2.3 95.2 2.5 0.9 0.3 1.9 1.5 0.4 100.0 2.5 102.6 (5.1) 1.2 0.3 (6.0) 1.1 (7.1)

11.28 9.61 4.27 3.64

28.98 25.84 11.67 10.40

36.56 32.06 14.75 12.93

32.91 27.90 13.14 11.14

18.24 14.29 7.28 5.70

15.43 11.23 8.85 6.44

13.34 9.48 7.65 5.43

15.01 10.66 8.59 6.10

15.64 10.52 8.93 6.01

15.95 11.11 9.19 6.40

(15.23) (19.23) (5.49) (6.93)

0.67 (3.72) 0.25 (1.40)

6.03 1.29 2.89 0.62

7.07 1.55 3.39 0.74

(24.32) (28.60) (10.45) (12.28)

1.78 0.28 1.12

1.84 0.31 1.29

1.91 0.33 1.22

1.95 0.35 1.17

1.85 0.34 1.24

1.59 0.64 4.32

1.58 0.62 4.31

1.59 0.61 4.31

1.59 0.62 4.33

1.68 0.71 4.47

1.53 0.47 1.58

1.74 0.55 1.37

2.21 0.74 1.82

2.31 0.73 1.76

2.15 0.71 1.46

47
U.S. Census Bureau

Table 12.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsector 333 and Subsector 334
Machinery Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in U.S. banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including marketable and government securities, commercial paper, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other short-term loans, including commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments. . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital (less treasury stock) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL Excess of total current assets over total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SELECTED BALANCE SHEET RATIOS Total cash, U.S. government and other securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Short-term debt, including installments on long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.9 13.5 12.0 40.9 12.8 4.1 27.6 18.2 61.3 38.7 7.5 13.9 12.8 41.7 12.5 4.4 27.4 18.1 61.0 39.0 6.9 14.1 12.8 41.6 12.5 4.7 28.4 17.7 61.0 39.0 7.0 13.9 12.8 41.5 12.7 4.6 28.1 17.2 60.4 39.6 7.0 13.8 12.6 41.0 12.8 4.2 28.6 17.0 60.3 39.7 43,209 48,178 45,045 46,692 43,409 3,423 4,762 28,683 4,595 2,492 2,630 43,633 90,218 25,517 33,915 50,581 200,232 71,873 54,362 126,235 326,467 4,914 5,393 30,452 4,583 2,648 1,848 42,189 92,028 25,396 35,508 52,236 205,169 73,359 57,833 131,192 336,361 4,820 5,899 30,753 4,679 3,040 2,425 45,714 97,330 25,915 34,826 51,002 209,072 73,075 60,459 133,533 342,606 4,644 5,938 30,553 4,501 2,818 2,688 46,812 97,955 25,603 34,426 52,680 210,664 73,626 64,623 138,249 348,913 4,430 5,481 32,509 4,437 2,928 1,922 48,816 100,523 25,456 34,222 51,669 211,870 71,772 67,692 139,465 351,335 12,420 4,465 16,885 8,998 25,882 44,104 39,125 24,316 133,427 103,992 2,268 64,333 41,926 151,114 326,467 4Q 2004 1Q 2005 (million dollars) 11,165 4,626 15,792 9,275 25,066 46,765 43,166 25,210 140,207 105,220 2,271 65,603 41,889 154,265 336,361 11,583 3,154 14,738 9,038 23,775 48,282 43,970 26,347 142,374 106,481 2,244 65,878 42,847 157,384 342,606 12,224 3,326 15,550 8,786 24,335 48,507 44,666 27,138 144,647 109,323 2,175 67,236 44,261 160,004 348,913 12,763 3,382 16,145 8,605 24,750 48,469 44,154 26,559 143,932 111,392 2,190 68,444 45,138 162,265 351,335 2Q 2005 3Q 2005 4Q 2005

(percent of total assets)

48
U.S. Census Bureau

Machinery Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

Computer and Electronic Products 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

Computer and Electronic Products Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 2,270 204 2,474 416 2,890 7,001 7,320 1,023 18,235 19,113 393 13,555 5,952 1,662 25,848 2,513 287 2,800 473 3,273 7,205 8,188 999 19,665 19,531 406 13,778 6,159 2,056 27,880 2,591 291 2,882 559 3,442 7,336 8,199 848 19,825 19,658 339 13,487 6,510 1,779 28,113 2,715 449 3,164 593 3,757 7,479 8,231 1,225 20,692 19,715 432 13,796 6,351 1,914 28,957 2,426 431 2,857 798 3,655 7,329 7,948 916 19,848 19,482 368 13,690 6,160 2,056 28,064 49,809 8,375 58,184 55,511 113,695 70,266 50,003 48,624 282,589 229,567 5,537 142,325 92,778 476,104 851,471

(million dollars) 45,225 7,225 52,450 55,434 107,883 69,431 50,471 48,500 276,285 231,350 5,583 144,098 92,835 484,986 854,106 45,556 7,986 53,543 54,019 107,562 73,032 50,058 51,338 281,990 232,443 5,617 145,601 92,460 489,183 863,633 46,236 8,261 54,497 55,581 110,078 74,219 51,699 47,565 283,562 231,912 5,673 145,167 92,418 498,600 874,581 53,215 11,881 65,096 65,200 130,296 74,934 51,720 51,842 308,792 229,588 5,643 144,367 90,865 474,143 873,799 2,421 200 2,621 826 3,448 3,780 3,519 497 11,243 8,810 140 6,197 2,753 1,267 15,263

(million dollars) 2,826 233 3,059 632 3,691 3,717 3,714 583 11,704 9,213 194 6,325 3,083 1,454 16,241 3,027 341 3,368 737 4,105 3,811 3,773 538 12,227 9,179 190 6,300 3,068 1,539 16,835 2,941 393 3,335 769 4,104 4,230 4,004 637 12,976 8,843 219 5,957 3,105 1,558 17,639 3,011 275 3,286 709 3,995 3,692 3,881 578 12,146 8,691 171 5,985 2,877 1,487 16,510

1,488 529 4,041 87 839 519 2,764 10,267 2,984 2,383 433 16,067 3,279 6,502 9,781 25,848

1,876 318 4,362 97 820 415 2,825 10,713 2,773 2,519 649 16,654 3,120 8,106 11,226 27,880

1,627 422 4,172 114 855 544 2,659 10,393 2,827 2,991 563 16,774 4,385 6,954 11,339 28,113

1,659 554 4,073 126 970 634 2,619 10,635 2,918 3,135 702 17,390 4,265 7,301 11,566 28,957

1,686 441 4,045 135 903 399 3,130 10,739 2,640 2,954 536 16,868 4,667 6,529 11,196 28,064

2,383 8,369 46,387 11,458 3,353 7,682 98,388 178,020 17,017 74,199 93,850 363,085 495,590 (7,204) 488,386 851,471

2,037 8,716 45,187 11,976 3,658 5,188 97,660 174,422 17,119 76,982 95,929 364,453 497,970 (8,317) 489,653 854,106

2,214 7,970 45,413 11,654 3,743 6,438 99,811 177,243 16,711 77,643 97,760 369,357 490,962 3,315 494,276 863,633

2,249 7,248 46,725 11,679 3,503 5,771 100,845 178,021 16,266 80,177 100,711 375,176 491,678 7,727 499,405 874,581

2,417 6,689 48,931 12,590 3,290 7,582 102,394 183,893 16,899 75,717 93,799 370,308 484,522 18,969 503,491 873,799

642 250 2,405 75 288 211 3,475 7,346 1,065 1,018 334 9,762 19,344 (13,843) 5,501 15,263

712 211 2,172 61 277 170 3,133 6,736 1,374 1,702 329 10,141 19,954 (13,854) 6,100 16,241

638 402 2,166 60 330 182 1,763 5,540 1,147 1,724 360 8,772 19,606 (11,543) 8,063 16,835

720 409 2,262 67 276 183 1,696 5,612 1,233 1,996 331 9,173

625 441 2,189 91 274 162 1,872 5,655 1,134 2,218 412 9,418

22,031 20,696 (13,565) (13,605) 8,466 17,639 7,092 16,510

7,968

8,952

9,432

10,057

9,109

104,569

101,862

104,747

105,542

124,899

3,897

4,968

6,687

7,363

6,491

(percent of total assets)

(percent of total assets)

(percent of total assets)

11.2 27.1 28.3 70.5 23.0 13.1 39.7 20.8 62.2 37.8

11.7 25.8 29.4 70.5 22.1 12.3 38.4 19.0 59.7 40.3

12.2 26.1 29.2 70.5 23.2 12.3 37.0 20.7 59.7 40.3

13.0 25.8 28.4 71.5 21.9 13.2 36.7 20.9 60.1 39.9

13.0 26.1 28.3 70.7 22.0 12.2 38.3 19.9 60.1 39.9

13.4 8.3 5.9 33.2 10.9 2.6 20.9 10.7 42.6 57.4

12.6 8.1 5.9 32.3 10.9 2.3 20.4 11.0 42.7 57.3

12.5 8.5 5.8 32.7 10.7 2.4 20.5 10.9 42.8 57.2

12.6 8.5 5.9 32.4 10.6 2.1 20.4 11.0 42.9 57.1

14.9 8.6 5.9 35.3 10.4 2.3 21.0 10.6 42.4 57.6

22.6 24.8 23.1 73.7 18.0 9.1 48.1 13.6 64.0 36.0

22.7 22.9 22.9 72.1 19.0 8.4 41.5 18.9 62.4 37.6

24.4 22.6 22.4 72.6 18.2 9.2 32.9 17.1 52.1 47.9

23.3 24.0 22.7 73.6 17.6 9.0 31.8 18.3 52.0 48.0

24.2 22.4 23.5 73.6 17.4 9.1 34.3 20.3 57.0 43.0

49
U.S. Census Bureau

Table 13.0—Income Statement
For Corporations in NAICS Manufacturing Industry Group 3341 and Industry Group 3342
Computer and Peripheral Equipment1 Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100.0 2.7 93.4 3.9 0.4 14.7 18.1 3.4 14.8 100.0 2.9 97.5 (0.4) 0.5 13.5 12.5 2.6 10.0 (percent) OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BALANCE SHEET RATIOS (based on succeeding table) Total current assets to total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities to total current liabilities . . . . . . . . . . . . . . . . . . Total stockholders’ equity to total debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

2Q 2005

3Q 2005

4Q 2005

44,627 1,208 41,694 1,724 194 6,566 8,096 1,500 6,596 396 6,200 66,227 332 72,759

40,978 1,208 39,941 (171) 200 5,514 5,143 1,064 4,078 966 3,112 73,877 (6,515) 70,475

41,539 1,218 39,329 992 271 6,114 6,835 1,647 5,189 493 4,696 70,769 (297) 75,168

41,677 1,185 39,006 1,487 252 5,466 6,701 2,292 4,410 1,074 3,335 74,872 117 78,325

46,195 1,281 42,978 1,936 176 6,085 7,845 1,848 5,997 544 5,453 77,787 (2,252) 80,989

(percent of net sales) 100.0 2.9 94.7 2.4 0.7 14.7 16.5 4.0 12.5 100.0 2.8 93.6 3.6 0.6 13.1 16.1 5.5 10.6 100.0 2.8 93.0 4.2 0.4 13.2 17.0 4.0 13.0

25.66 20.91 12.93 10.53

15.99 12.68 8.08 6.41

21.00 15.94 10.52 7.99

20.53 13.51 10.29 6.77

23.84 18.22 12.36 9.45

1.10 0.44 3.44

1.09 0.39 3.54

1.11 0.39 3.44

1.21 0.46 3.82

1.45 0.70 4.06

Included in Computer and Electronic Products.

50
U.S. Census Bureau

Computer and Peripheral Equipment Total Assets Under $25 Million1 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Communications Equipment1 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Communications Equipment Total Assets Under $25 Million1 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 619 25 654 (60) 5 0 (64) 5 (70) 15 (85) (1,548) 32 (1,601) 579 20 531 28 4 3 27 3 23 18 6 (1,259) (42) (1,295) 671 9 645 17 3 3 17 0 17 74 (57) (1,384) 3 (1,437) 840 11 828 1 6 9 4 2 2 45 (43) (1,704) (6) (1,753) 992 15 1,045 (68) 5 8 (66) (1) (65) 7 (72) 27,035 759 25,527 749 414 2,888 3,223 1,247 1,976 275 1,700

(million dollars) 25,235 771 23,581 883 331 3,429 3,980 1,142 2,838 282 2,556 27,464 722 24,611 2,131 316 2,418 4,233 1,255 2,978 135 2,843 27,591 706 24,634 2,251 347 2,530 4,434 1,181 3,253 151 3,102 28,585 667 25,622 2,296 339 1,911 3,868 1,329 2,539 183 2,356 662 20 714 (72) 6 (7) (85) 9 (94) 15 (109) (2,297) (20) (2,426)

(million dollars) 776 28 765 (17) 7 25 1 7 (6) 10 (16) (3,223) (54) (3,293) 960 29 863 69 7 (1) 60 20 40 1 38 (4,964) (13) (4,939) 936 23 943 (30) 10 8 (32) 28 (60) 0 (60) (6,000) 110 (5,949) 869 17 989 (137) 8 4 (140) 22 (162) 3 (166) (3,794) (11) (3,971)

(2,125) (117,550) (120,777) (120,488) (120,980) (110,734) (2) (4,947) (2,093) (2,012) (1,571) (1,326)

(2,199) (120,796) (120,314) (119,658) (119,448) (109,704) (percent of net sales)

(percent of net sales) 100.0 4.1 105.5 (9.6) 0.8 0.0 (10.4) 0.8 (11.2) 100.0 3.5 91.8 4.8 0.7 0.6 4.6 0.6 4.1 (percent) 100.0 1.3 96.1 2.5 0.5 0.5 2.6 0.0 2.6 100.0 1.4 98.5 0.1 0.7 1.1 0.5 0.2 0.3 100.0 1.5 105.4 (6.9) 0.5 0.8 (6.7) (0.1) (6.6) 100.0 2.8 94.4 2.8 1.5 10.7 11.9 4.6 7.3

(percent of net sales) 100.0 2.6 89.3 8.2 1.3 9.2 16.1 4.3 11.8 100.0 2.3 89.6 8.0 1.2 6.7 13.5 4.6 8.9 100.0 3.0 107.8 (10.8) 0.9 (1.1) (12.9) 1.4 (14.2) 100.0 3.6 98.5 (2.1) 0.9 3.2 0.2 0.9 (0.8) (percent) 100.0 3.0 89.9 7.2 0.8 (0.1) 6.2 2.1 4.1 100.0 2.5 100.8 (3.3) 1.1 0.9 (3.4) 2.9 (6.4) 100.0 2.0 113.7 (15.7) 0.9 0.5 (16.2) 2.5 (18.7)

100.0 3.1 93.4 3.5 1.3 13.6 15.8 4.5 11.2 (percent)

100.0 2.6 89.6 7.8 1.2 8.8 15.4 4.6 10.8

(36.01) (38.87) (19.47) (21.01)

13.35 11.70 8.71 7.63

6.62 6.64 4.53 4.55

1.46 0.79 0.91 0.49

(20.97) (20.64) (13.61) (13.40)

12.85 7.87 7.12 4.36

16.14 11.51 8.87 6.33

17.21 12.11 9.48 6.67

17.93 13.16 9.74 7.15

14.92 9.79 8.23 5.40

(44.06) (48.73) (20.26) (22.40)

0.49 (2.45) 0.26 (1.29)

19.46 12.88 10.49 6.94

(9.76) (18.16) (5.14) (9.58)

(45.25) (52.30) (22.92) (26.48)

2.79 1.10 2.56

4.25 1.89 3.99

3.13 1.38 6.61

2.95 1.01 3.72

3.20 1.27 5.07

1.82 0.95 4.06

1.72 0.83 4.03

1.67 0.80 4.33

1.62 0.78 3.92

1.77 0.89 4.43

1.80 0.85 2.11

2.22 0.95 2.73

2.35 1.13 2.93

2.32 1.04 2.70

2.23 1.04 2.72

51
U.S. Census Bureau

Table 13.1—Balance Sheet
For Corporations in NAICS Manufacturing Industry Group 3341 and Industry Group 3342
Computer and Peripheral Equipment1 Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in U.S. banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including marketable and government securities, commercial paper, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other short-term loans, including commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments. . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital (less treasury stock) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL Excess of total current assets over total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SELECTED BALANCE SHEET RATIOS Total cash, U.S. government and other securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Short-term debt, including installments on long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

4Q 2004

1Q 2005 (million dollars)

2Q 2005

3Q 2005

4Q 2005

8,828 1,639 10,466 13,678 24,144 18,499 9,324 9,116 61,084 46,189 1,600 28,432 19,357 170,066 250,507

8,596 419 9,015 11,239 20,254 17,099 9,289 9,243 55,885 46,164 1,589 28,551 19,201 179,531 254,616

8,777 600 9,377 11,142 20,519 19,499 9,245 8,765 58,028 46,169 1,578 28,489 19,258 182,570 259,857

9,660 801 10,460 12,803 23,263 18,591 9,769 9,047 60,670 46,699 1,562 28,941 19,320 180,486 260,476

15,204 3,637 18,841 19,067 37,908 19,274 9,897 11,411 78,490 46,513 1,613 29,241 18,886 156,455 253,830

109 4,177 17,070 1,946 1,858 3,773 26,502 55,435 5,658 21,111 42,117 124,322 53,426 72,759 126,185 250,507

91 4,299 15,851 1,976 2,101 1,305 25,806 51,429 5,383 23,180 46,013 126,005 58,136 70,475 128,611 254,616

123 3,299 15,899 2,353 2,212 2,722 25,561 52,169 5,191 24,288 48,028 129,677 55,013 75,168 130,180 259,857

116 1,696 16,609 2,413 1,545 1,743 26,090 50,212 4,261 24,832 50,634 129,939 52,213 78,325 130,537 260,476

139 1,291 18,314 2,893 1,228 3,492 26,895 54,252 4,104 22,150 41,672 122,177 50,664 80,989 131,653 253,830

5,649

4,456

5,859

10,458

24,238

(percent of total assets)

9.6 7.4 3.7 24.4 7.7 4.0 22.1 10.7 49.6 50.4

8.0 6.7 3.6 21.9 7.5 3.1 20.2 11.2 49.5 50.5

7.9 7.5 3.6 22.3 7.4 3.2 20.1 11.3 49.9 50.1

8.9 7.1 3.8 23.3 7.4 2.0 19.3 11.2 49.9 50.1

14.9 7.6 3.9 30.9 7.4 2.4 21.4 10.3 48.1 51.9

Included in Computer and Electronic Products.

52
U.S. Census Bureau

Computer and Peripheral Equipment Total Assets Under $25 Million1 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Communications Equipment1 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Communications Equipment Total Assets Under $25 Million1 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 323 11 334 93 427 310 285 57 1,080 682 24 517 189 55 1,324 370 18 388 44 432 238 272 29 971 606 26 442 190 69 1,231 423 83 506 28 534 290 327 61 1,212 681 32 472 240 85 1,537 242 227 469 19 489 413 397 128 1,427 767 43 511 299 78 1,804 493 107 600 35 635 406 436 125 1,601 707 31 475 262 84 1,948 14,399 1,048 15,447 20,142 35,589 15,640 7,838 9,330 68,397 31,404 798 20,030 12,172 100,579 181,148

(million dollars) 10,639 952 11,591 20,106 31,698 16,418 7,803 9,686 65,605 31,589 784 20,284 12,089 101,745 179,439 11,056 990 12,046 19,126 31,172 17,158 7,613 9,032 64,975 31,398 727 20,211 11,914 101,632 178,521 10,057 1,095 11,152 19,681 30,833 17,971 7,668 7,768 64,240 30,668 745 19,586 11,827 106,002 182,069 10,751 1,399 12,151 23,940 36,091 18,455 8,037 9,346 71,930 30,385 754 19,130 12,009 104,153 188,092 406 14 419 177 597 297 321 52 1,266 970 6 816 160 255 1,682

(million dollars) 444 17 462 132 594 358 363 69 1,383 1,246 10 1,001 254 257 1,895 595 62 657 194 851 474 370 73 1,767 1,415 9 1,160 265 251 2,283 544 44 589 242 830 491 457 71 1,850 1,227 8 981 254 388 2,492 569 50 619 256 875 451 477 78 1,880 1,057 8 834 231 341 2,452

40 3 140 5 5 19 176 387 176 37 7 608 2,316 (1,601) 716 1,324

1 3 116 4 3 0 101 229 167 27 5 428 2,098 (1,295) 803 1,231

35 3 163 3 32 0 152 388 64 25 8 485 2,489 (1,437) 1,052 1,537

62 5 225 6 23 10 154 483 155 45 5 688 2,868 (1,753) 1,115 1,804

62 0 228 0 9 11 190 500 117 51 16 683

791 796 7,213 1,467 131 516 26,702 37,617 777 21,676 20,728 80,798

700 839 7,296 1,491 74 625 27,181 38,207 746 21,465 20,374 80,792

618 818 7,650 1,613 94 732 27,283 38,808 794 19,664 20,875 80,141

678 791 7,608 1,594 121 1,097 27,722 39,612 756 21,820 20,961 83,148

744 818 8,187 1,672 125 1,079 28,078 40,703 756 19,911 23,011 84,382

127 50 262 18 10 8 229 703 70 102 34 909 3,198 (2,426) 773 1,682

82 1 209 17 12 28 276 624 108 137 24 893 4,296 (3,293) 1,002 1,895

58 51 208 14 16 30 374 752 141 124 36 1,052 6,170 (4,939) 1,231 2,283

99 18 230 38 17 34 361 796 126 193 62 1,178 7,263 (5,949) 1,314 2,492

86 20 261 37 18 14 405 842 122 196 50 1,211 5,213 (3,971) 1,242 2,452

3,463 221,146 218,961 218,038 218,369 213,414 (2,199) (120,796) (120,314) (119,658) (119,448) (109,704) 1,264 1,948 100,350 181,148 98,647 179,439 98,380 178,521 98,921 182,069 103,710 188,092

693

743

824

944

1,101

30,780

27,399

26,167

24,628

31,227

563

759

1,016

1,054

1,038

(percent of total assets)

(percent of total assets)

(percent of total assets)

32.3 23.4 21.5 81.6 14.3 5.0 29.3 16.1 45.9 54.1

35.1 19.4 22.1 78.9 15.5 0.6 18.6 15.7 34.7 65.3

34.7 18.8 21.3 78.8 15.6 4.5 25.2 5.8 31.5 68.5

27.1 22.9 22.0 79.1 16.6 5.5 26.8 11.1 38.2 61.8

32.6 20.8 22.4 82.2 13.5 4.2 25.7 8.6 35.1 64.9

19.6 8.6 4.3 37.8 6.7 1.2 20.8 12.4 44.6 55.4

17.7 9.1 4.3 36.6 6.7 1.2 21.3 12.4 45.0 55.0

17.5 9.6 4.3 36.4 6.7 1.3 21.7 11.5 44.9 55.1

16.9 9.9 4.2 35.3 6.5 1.5 21.8 12.4 45.7 54.3

19.2 9.8 4.3 38.2 6.4 1.5 21.6 11.0 44.9 55.1

35.5 17.7 19.1 75.3 9.5 11.6 41.8 10.2 54.0 46.0

31.3 18.9 19.2 73.0 13.4 6.4 32.9 12.9 47.1 52.9

37.3 20.7 16.2 77.4 11.6 6.8 32.9 11.6 46.1 53.9

33.3 19.7 18.4 74.3 10.2 6.7 32.0 12.8 47.3 52.7

35.7 18.4 19.4 76.7 9.4 5.6 34.3 13.0 49.4 50.6

53
U.S. Census Bureau

Table 14.0—Income Statement
For Corporations in NAICS Manufacturing Industry Groups 3343 - 3346 and Subsector 335
All Other Electronic Products1 Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100.0 5.7 86.6 7.7 1.3 4.7 11.0 3.5 7.5 100.0 5.6 87.4 7.0 1.3 5.3 11.0 3.9 7.2 (percent) OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BALANCE SHEET RATIOS (based on succeeding table) Total current assets to total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities to total current liabilities . . . . . . . . . . . . . . . . . . Total stockholders’ equity to total debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

2Q 2005

3Q 2005

4Q 2005

68,125 3,875 59,015 5,235 911 3,200 7,524 2,385 5,139 956 4,183 39,030 (2,380) 40,833

65,413 3,694 57,140 4,579 843 3,474 7,210 2,524 4,687 1,958 2,728 41,228 (2,434) 41,522

67,044 3,733 58,750 4,561 870 3,786 7,477 2,472 5,006 1,074 3,932 45,919 (2,046) 47,805

68,423 3,738 59,627 5,057 938 4,275 8,394 2,918 5,476 910 4,566 44,426 (142) 48,850

68,598 3,635 59,879 5,084 987 4,261 8,357 2,904 5,453 1,131 4,322 45,966 (2,603) 47,685

(percent of net sales) 100.0 5.6 87.6 6.8 1.3 5.6 11.2 3.7 7.5 100.0 5.5 87.1 7.4 1.4 6.2 12.3 4.3 8.0 100.0 5.3 87.3 7.4 1.4 6.2 12.2 4.2 7.9

11.49 7.85 7.17 4.90

10.99 7.14 6.87 4.46

11.26 7.54 7.03 4.71

12.44 8.11 7.77 5.07

12.47 8.13 7.74 5.05

1.80 0.64 5.07

1.83 0.66 4.96

1.84 0.65 4.91

1.80 0.63 4.84

1.78 0.63 4.72

Included in Computer and Electronic Products.

54
U.S. Census Bureau

All Other Electronic Products Total Assets Under $25 Million1 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

Electrical Equipment, Appliances, and Components 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

Electrical Equipment, Appliances, and Components Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 5,602 152 5,406 44 77 (27) (60) 41 (101) 189 (290) (9,395) (132) (9,817) 5,341 142 5,198 1 49 30 (18) 56 (74) 132 (206) (9,002) (57) (9,265) 5,642 150 5,402 90 59 13 44 75 (31) 193 (224) (4,935) (8) (5,167) 6,047 146 5,675 226 55 6 178 87 90 119 (29) (5,868) 34 (5,863) 5,307 148 5,323 (164) 73 12 (224) 55 (279) 223 (503) (6,933) 0 (7,435) 47,795 1,481 42,808 3,506 615 4,666 7,557 518 7,038 3,248 3,790 115,371 (164) 118,998

(million dollars) 44,421 1,406 40,512 2,504 680 4,523 6,347 885 5,462 3,170 2,291 118,680 (819) 120,152 48,119 1,382 43,306 3,430 674 5,041 7,796 1,049 6,747 3,261 3,486 120,217 (226) 123,477 48,031 1,427 43,184 3,421 672 4,820 7,568 869 6,699 3,160 3,539 124,266 (322) 127,483 50,470 1,310 45,270 3,891 714 2,422 5,599 777 4,821 3,775 1,046 127,729 (436) 128,339 3,789 63 3,502 224 32 (28) 164 56 108 163 (55) 1,199 24 1,168

(million dollars) 3,952 52 3,661 239 32 (35) 171 40 132 77 55 919 (46) 928 4,077 75 3,651 351 39 (14) 299 27 272 97 174 (495) (69) (389) 4,637 86 4,214 337 52 (16) 269 27 242 195 47 337 17 402 4,221 90 3,935 196 49 (32) 115 52 63 158 (95) 1,027 20 952

(percent of net sales) 100.0 2.7 96.5 0.8 1.4 (0.5) (1.1) 0.7 (1.8) 100.0 2.7 97.3 0.0 0.9 0.6 (0.3) 1.1 (1.4) (percent) 100.0 2.7 95.7 1.6 1.1 0.2 0.8 1.3 (0.6) 100.0 2.4 93.8 3.7 0.9 0.1 2.9 1.4 1.5 100.0 2.8 100.3 (3.1) 1.4 0.2 (4.2) 1.0 (5.3) 100.0 3.1 89.6 7.3 1.3 9.8 15.8 1.1 14.7

(percent of net sales) 100.0 3.2 91.2 5.6 1.5 10.2 14.3 2.0 12.3 (percent) 100.0 2.9 90.0 7.1 1.4 10.5 16.2 2.2 14.0 100.0 3.0 89.9 7.1 1.4 10.0 15.8 1.8 13.9 100.0 2.6 89.7 7.7 1.4 4.8 11.1 1.5 9.6 100.0 1.7 92.4 5.9 0.9 (0.7) 4.3 1.5 2.9

(percent of net sales) 100.0 1.3 92.6 6.0 0.8 (0.9) 4.3 1.0 3.3 (percent) 100.0 1.8 89.5 8.6 0.9 (0.3) 7.3 0.7 6.7 100.0 1.9 90.9 7.3 1.1 (0.3) 5.8 0.6 5.2 100.0 2.1 93.2 4.6 1.2 (0.8) 2.7 1.2 1.5

(5.97) (10.04) (1.95) (3.29)

(1.66) (6.91) (0.54) (2.26)

3.06 (2.15) 1.36 (0.95)

11.76 5.98 5.32 2.70

(19.58) (24.38) (7.41) (9.23)

19.54 18.20 11.45 10.67

16.44 14.14 9.58 8.24

19.96 17.27 11.71 10.14

19.27 17.06 11.38 10.07

14.73 12.68 8.44 7.27

22.85 15.07 9.19 6.06

23.02 17.69 9.41 7.23

39.64 36.10 15.36 13.99

31.32 28.14 12.58 11.30

12.94 7.06 5.62 3.07

1.42 0.39 1.42

1.59 0.45 1.11

2.10 0.62 1.50

2.24 0.64 1.50

2.01 0.58 1.11

1.16 0.15 4.07

1.11 0.12 3.86

1.12 0.12 3.84

1.16 0.15 4.07

1.12 0.12 3.70

1.92 0.31 1.30

1.86 0.27 1.39

1.89 0.29 1.21

1.85 0.22 1.27

1.92 0.28 1.39

55
U.S. Census Bureau

Table 14.1—Balance Sheet
For Corporations in NAICS Manufacturing Industry Groups 3343 - 3346 and Subsector 335
All Other Electronic Products1 Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in U.S. banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including marketable and government securities, commercial paper, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other short-term loans, including commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments. . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital (less treasury stock) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL Excess of total current assets over total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SELECTED BALANCE SHEET RATIOS Total cash, U.S. government and other securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Short-term debt, including installments on long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

4Q 2004

1Q 2005 (million dollars)

2Q 2005

3Q 2005

4Q 2005

26,583 5,688 32,271 21,691 53,962 36,128 32,840 30,178 153,108 151,973 3,139 93,863 61,249 205,459 419,815

25,990 5,853 31,844 24,088 55,932 35,914 33,379 29,571 154,795 153,597 3,211 95,263 61,545 203,710 420,050

25,723 6,396 32,120 23,751 55,870 36,375 33,200 33,541 158,987 154,876 3,313 96,901 61,288 204,981 425,255

26,520 6,365 32,885 23,098 55,982 37,657 34,261 30,750 158,652 154,546 3,365 96,640 61,271 212,112 432,035

27,260 6,844 34,104 22,193 56,297 37,205 33,786 31,084 158,372 152,690 3,276 95,995 59,970 213,535 431,877

1,483 3,395 22,104 8,045 1,364 3,393 45,184 84,968 10,582 31,411 31,004 157,965 221,018 40,833 261,850 419,815

1,246 3,579 22,040 8,509 1,482 3,258 44,673 84,787 10,989 32,337 29,542 157,655 220,873 41,522 262,395 420,050

1,473 3,853 21,864 7,688 1,437 2,984 46,967 86,266 10,726 33,691 28,856 159,539 217,911 47,805 265,716 425,255

1,455 4,761 22,508 7,672 1,837 2,931 47,033 88,197 11,250 33,525 29,117 162,088 221,096 48,850 269,947 432,035

1,535 4,579 22,429 8,025 1,937 3,011 47,421 88,937 12,040 33,656 29,116 163,749 220,444 47,685 268,129 431,877

68,140

70,008

72,721

70,455

69,435

(percent of total assets)

12.9 8.6 7.8 36.5 14.6 2.3 20.2 10.0 37.6 62.4

13.3 8.5 7.9 36.9 14.7 2.3 20.2 10.3 37.5 62.5

13.1 8.6 7.8 37.4 14.4 2.3 20.3 10.4 37.5 62.5

13.0 8.7 7.9 36.7 14.2 2.5 20.4 10.4 37.5 62.5

13.0 8.6 7.8 36.7 13.9 2.6 20.6 10.6 37.9 62.1

Included in Computer and Electronic Products.

56
U.S. Census Bureau

All Other Electronic Products Total Assets Under $25 Million1 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

Electrical Equipment, Appliances, and Components 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

Electrical Equipment, Appliances, and Components Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 1,693 175 1,868 556 2,424 3,172 2,913 388 8,897 7,159 109 4,864 2,404 957 12,258 2,012 198 2,210 456 2,665 3,120 3,079 485 9,349 7,361 158 4,881 2,638 1,128 13,116 2,009 196 2,205 516 2,721 3,048 3,076 404 9,248 7,082 149 4,668 2,563 1,203 13,015 2,156 122 2,277 507 2,785 3,326 3,150 438 9,699 6,849 168 4,465 2,552 1,093 13,343 1,948 118 2,066 419 2,485 2,835 2,969 376 8,664 6,927 132 4,676 2,383 1,063 12,110 6,338 221 6,559 2,553 9,113 24,286 22,505 12,347 68,251 71,459 2,310 42,980 30,789 164,923 263,963

(million dollars) 4,686 177 4,863 2,281 7,144 23,987 23,813 11,760 66,704 71,668 2,103 43,496 30,275 168,143 265,122 4,786 291 5,077 2,415 7,492 24,504 23,921 12,196 68,113 72,079 2,084 43,845 30,319 167,780 266,211 6,155 130 6,285 2,605 8,890 24,466 24,071 12,097 69,524 72,337 2,032 44,046 30,323 166,278 266,125 5,200 173 5,372 2,252 7,624 25,340 23,697 11,743 68,403 71,287 2,054 43,130 30,211 166,817 265,431 713 35 748 115 863 1,943 2,238 356 5,400 3,020 52 2,031 1,041 696 7,137

(million dollars) 635 49 684 115 799 2,089 2,261 380 5,528 3,222 41 2,260 1,003 743 7,274 738 46 785 92 876 2,186 2,316 400 5,778 3,870 44 2,429 1,485 512 7,775 660 13 673 83 756 2,588 2,458 402 6,204 4,145 43 2,517 1,671 687 8,562 702 31 733 102 836 2,330 2,280 358 5,804 3,839 50 2,326 1,563 786 8,152

475 197 2,004 52 273 185 3,070 6,255 819 879 292 8,246 13,829 (9,817) 4,012 12,258

629 207 1,847 40 262 142 2,756 5,883 1,099 1,538 299 8,820 13,560 (9,265) 4,295 13,116

545 348 1,795 42 282 152 1,237 4,401 942 1,575 317 7,235 10,947 (5,167) 5,780 13,015

558 387 1,807 23 236 140 1,181 4,333 951 1,758 265 7,307 11,899 (5,863) 6,036 13,343

478 421 1,700 53 248 137 1,277 4,313 895 1,971 346 7,525 12,021 (7,435) 4,586 12,110

1,399 2,751 15,881 4,328 1,103 4,619 28,737 58,818 7,350 20,831 22,271 109,270 35,695 118,998 154,693 263,963

2,247 3,612 15,702 4,338 1,144 4,495 28,300 59,839 8,277 20,205 22,339 110,659 34,310 120,152 154,462 265,122

2,335 4,390 16,090 4,330 1,079 3,669 28,685 60,576 8,681 20,573 20,127 109,958 32,776 123,477 156,254 266,211

2,051 2,831 16,445 4,351 1,065 3,700 29,239 59,682 8,254 20,674 20,401 109,011 29,631 127,483 157,114 266,125

2,130 3,922 17,024 4,546 576 2,760 30,317 61,275 8,398 23,341 20,348 113,361 23,731 128,339 152,070 265,431

605 80 1,270 70 120 185 486 2,815 532 683 239 4,268 1,702 1,168 2,869 7,137

629 97 1,334 50 101 158 597 2,965 493 655 188 4,301 2,046 928 2,973 7,274

747 31 1,511 21 145 60 536 3,051 790 712 209 4,762 3,402 (389) 3,013 7,775

882 22 1,609 25 166 118 540 3,362 937 592 234 5,125 3,036 402 3,438 8,562

731 68 1,334 98 162 58 576 3,028 799 725 59 4,610 2,591 952 3,542 8,152

2,641

3,466

4,847

5,366

4,352

9,433

6,865

7,537

9,842

7,128

2,585

2,563

2,727

2,842

2,776

(percent of total assets)

(percent of total assets)

(percent of total assets)

19.8 25.9 23.8 72.6 19.6 9.2 51.0 13.9 67.3 32.7

20.3 23.8 23.5 71.3 20.1 9.5 44.9 20.1 67.3 32.7

20.9 23.4 23.6 71.1 19.7 10.2 33.8 19.3 55.6 44.4

20.9 24.9 23.6 72.7 19.1 9.9 32.5 20.3 54.8 45.2

20.5 23.4 24.5 71.5 19.7 10.6 35.6 23.7 62.1 37.9

3.5 9.2 8.5 25.9 11.7 3.7 22.3 10.7 41.4 58.6

2.7 9.0 9.0 25.2 11.4 4.3 22.6 10.7 41.7 58.3

2.8 9.2 9.0 25.6 11.4 4.3 22.8 11.0 41.3 58.7

3.3 9.2 9.0 26.1 11.4 3.6 22.4 10.9 41.0 59.0

2.9 9.5 8.9 25.8 11.4 3.5 23.1 12.0 42.7 57.3

12.1 27.2 31.4 75.7 14.6 13.9 39.4 17.0 59.8 40.2

11.0 28.7 31.1 76.0 13.8 13.5 40.8 15.8 59.1 40.9

11.3 28.1 29.8 74.3 19.1 12.6 39.2 19.3 61.2 38.8

8.8 30.2 28.7 72.5 19.5 13.9 39.3 17.9 59.9 40.1

10.2 28.6 28.0 71.2 19.2 12.5 37.1 18.7 56.6 43.4

57
U.S. Census Bureau

Table 15.0—Income Statement
For Corporations in NAICS Manufacturing Subsector 336 and Industry Groups 3361- 3363
Transportation Equipment Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100.0 2.8 95.9 1.3 1.8 2.6 2.0 (0.3) 2.3 100.0 2.8 95.9 1.2 1.9 3.3 2.7 0.0 2.7 (percent) OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BALANCE SHEET RATIOS (based on succeeding table) Total current assets to total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities to total current liabilities . . . . . . . . . . . . . . . . . . Total stockholders’ equity to total debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

2Q 2005

3Q 2005

4Q 2005

209,678 5,932 201,099 2,647 3,803 5,367 4,211 (687) 4,898 2,930 1,968 139,613 (783) 140,798

200,601 5,650 192,444 2,507 3,802 6,665 5,370 (12) 5,382 2,266 3,116 140,179 (6,719) 136,576

214,681 5,658 205,800 3,223 3,587 7,355 6,991 1,185 5,806 2,952 2,854 137,276 (139) 139,991

203,794 6,301 197,385 109 3,976 6,138 2,270 125 2,145 3,332 (1,188) 138,838 (126) 137,525

220,027 6,307 215,449 (1,729) 3,879 6,084 476 (562) 1,038 2,871 (1,833) 138,525 (431) 136,262

(percent of net sales) 100.0 2.6 95.9 1.5 1.7 3.4 3.3 0.6 2.7 100.0 3.1 96.9 0.1 2.0 3.0 1.1 0.1 1.1 100.0 2.9 97.9 (0.8) 1.8 2.8 0.2 (0.3) 0.5

7.73 9.00 2.04 2.37

10.12 10.14 2.57 2.57

13.23 10.99 3.30 2.74

4.38 4.14 1.06 1.00

0.92 2.00 0.22 0.48

1.02 0.18 1.41

0.99 0.15 1.37

1.01 0.17 1.35

1.00 0.15 1.32

1.02 0.18 1.29

Included in Transportation Equipment.

58
U.S. Census Bureau

Transportation Equipment Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Motor Vehicles and Parts1 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Motor Vehicles and Parts Total Assets Under $25 Million1 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 6,442 151 6,168 123 72 (1) 50 13 37 249 (211) 3,820 51 3,659 7,490 150 6,595 746 71 (7) 668 43 624 218 406 3,587 54 4,048 7,624 146 6,682 797 76 (14) 707 49 658 379 279 3,119 (5) 3,393 7,834 147 6,952 735 77 2 660 57 603 211 392 3,220 (63) 3,549 8,116 133 7,537 447 52 (38) 357 63 294 237 57 4,416 (131) 4,342 149,745 4,606 146,749 (1,610) 2,928 4,985 447 (920) 1,367 1,436 (68) 67,978 (455) 67,455

(million dollars) 144,045 4,447 141,574 (1,975) 3,064 5,315 275 (953) 1,228 1,313 (85) 67,659 (6,203) 61,370 151,746 4,401 149,457 (2,111) 2,847 6,442 1,483 (162) 1,645 1,389 256 61,514 (73) 61,697 144,341 5,084 144,365 (5,108) 3,230 5,132 (3,206) (869) (2,337) 2,276 (4,613) 61,261 (367) 56,282 154,437 5,077 156,110 (6,750) 3,128 5,058 (4,820) (1,870) (2,951) 1,379 (4,330) 59,439 (82) 55,027 3,981 92 3,846 43 46 32 29 5 24 111 (86) 1,792 42 1,747

(million dollars) 4,818 96 4,289 433 49 (7) 377 37 340 73 267 1,851 (13) 2,106 4,787 93 4,274 420 56 (14) 350 41 309 102 207 1,264 (26) 1,446 5,022 94 4,566 362 54 (8) 300 21 279 121 158 1,109 (56) 1,211 4,956 89 4,798 69 34 (51) (15) 19 (34) 117 (151) 2,576 (39) 2,387

(percent of net sales) 100.0 2.3 95.8 1.9 1.1 0.0 0.8 0.2 0.6 100.0 2.0 88.0 10.0 1.0 (0.1) 8.9 0.6 8.3 (percent) 100.0 1.9 87.6 10.4 1.0 (0.2) 9.3 0.6 8.6 100.0 1.9 88.7 9.4 1.0 0.0 8.4 0.7 7.7 100.0 1.6 92.9 5.5 0.6 (0.5) 4.4 0.8 3.6 100.0 3.1 98.0 (1.1) 2.0 3.3 0.3 (0.6) 0.9

(percent of net sales) 100.0 3.1 98.3 (1.4) 2.1 3.7 0.2 (0.7) 0.9 (percent) 100.0 2.9 98.5 (1.4) 1.9 4.2 1.0 (0.1) 1.1 100.0 3.5 100.0 (3.5) 2.2 3.6 (2.2) (0.6) (1.6) 100.0 3.3 101.1 (4.4) 2.0 3.3 (3.1) (1.2) (1.9) 100.0 2.3 96.6 1.1 1.2 0.8 0.7 0.1 0.6

(percent of net sales) 100.0 2.0 89.0 9.0 1.0 (0.2) 7.8 0.8 7.1 (percent) 100.0 1.9 89.3 8.8 1.2 (0.3) 7.3 0.9 6.5 100.0 1.9 90.9 7.2 1.1 (0.2) 6.0 0.4 5.6 100.0 1.8 96.8 1.4 0.7 (1.0) (0.3) 0.4 (0.7)

3.94 2.94 1.60 1.19

49.21 46.02 19.49 18.23

51.70 48.14 21.73 20.23

45.83 41.84 19.95 18.21

24.95 20.52 11.91 9.79

1.39 4.26 0.34 1.04

0.91 4.05 0.21 0.94

4.98 5.53 1.13 1.25

(11.20) (8.16) (2.43) (1.77)

(17.21) (10.53) (3.62) (2.22)

4.54 3.72 1.64 1.34

51.81 46.67 18.33 16.52

46.08 40.68 17.97 15.86

41.48 38.53 14.98 13.91

(1.93) (4.25) (0.80) (1.77)

1.80 0.26 1.28

1.79 0.26 1.23

1.86 0.29 1.41

1.98 0.33 1.52

2.14 0.40 1.77

0.93 0.24 1.17

0.88 0.19 1.09

0.91 0.22 1.07

0.90 0.19 1.04

0.92 0.23 0.98

1.60 0.25 1.15

1.61 0.21 1.11

1.73 0.24 1.32

1.74 0.28 1.12

1.83 0.29 1.43

59
U.S. Census Bureau

Table 15.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsector 336 and Industry Groups 3361- 3363
Transportation Equipment Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in U.S. banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including marketable and government securities, commercial paper, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other short-term loans, including commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments. . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital (less treasury stock) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL Excess of total current assets over total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SELECTED BALANCE SHEET RATIOS Total cash, U.S. government and other securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Short-term debt, including installments on long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

4Q 2004

1Q 2005 (million dollars)

2Q 2005

3Q 2005

4Q 2005

25,021 3,060 28,081 27,044 55,125 94,811 97,511 57,710 305,157 292,955 6,021 154,537 144,439 376,214 825,809

23,961 3,376 27,337 21,462 48,799 102,351 103,827 60,405 315,381 291,472 5,912 155,084 142,300 378,526 836,206

28,534 3,154 31,688 22,537 54,225 104,816 107,146 62,275 328,461 288,115 5,903 152,802 141,216 377,885 847,561

26,456 3,346 29,802 20,343 50,145 106,710 111,323 62,933 331,112 295,977 6,082 158,183 143,876 381,844 856,832

30,002 3,090 33,092 25,876 58,968 104,126 112,440 60,570 336,104 296,035 6,090 156,799 145,326 383,603 865,033

6,363 5,610 81,514 5,902 2,840 3,139 193,918 299,286 25,794 110,298 172,646 608,024 76,987 140,798 217,785 825,809

7,133 5,324 86,946 6,346 3,873 3,449 206,387 319,458 26,029 108,952 169,514 623,953 75,677 136,576 212,253 836,206

6,816 6,132 88,073 5,942 3,791 2,771 211,501 325,027 25,864 111,776 173,499 636,166 71,404 139,991 211,395 847,561

7,763 4,405 92,957 4,528 4,011 3,359 213,568 330,589 27,017 110,499 181,640 649,745 69,563 137,525 207,088 856,832

8,290 6,013 86,927 5,278 3,631 5,173 215,232 330,545 27,340 110,220 189,273 657,377 71,393 136,262 207,656 865,033

5,871

(4,077)

3,434

523

5,559

(percent of total assets)

6.7 11.5 11.8 37.0 17.5 2.2 36.2 16.5 73.6 26.4

5.8 12.2 12.4 37.7 17.0 2.4 38.2 16.1 74.6 25.4

6.4 12.4 12.6 38.8 16.7 2.3 38.3 16.2 75.1 24.9

5.9 12.5 13.0 38.6 16.8 2.3 38.6 16.0 75.8 24.2

6.8 12.0 13.0 38.9 16.8 2.7 38.2 15.9 76.0 24.0

Included in Transportation Equipment.

60
U.S. Census Bureau

Transportation Equipment Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Motor Vehicles and Parts1 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Motor Vehicles and Parts Total Assets Under $25 Million1 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 887 212 1,099 149 1,248 3,021 3,731 534 8,533 8,275 126 5,091 3,310 655 12,498 984 186 1,170 211 1,380 3,574 4,088 469 9,511 8,398 140 5,175 3,363 825 13,700 1,116 107 1,223 173 1,396 3,238 3,868 461 8,963 8,559 138 5,379 3,318 732 13,013 1,175 214 1,390 160 1,550 3,351 3,943 487 9,331 7,975 155 4,932 3,198 704 13,232 1,281 167 1,448 127 1,574 2,841 3,745 333 8,493 7,567 163 4,842 2,888 619 12,001 15,318 2,734 18,052 23,448 41,500 41,164 33,696 40,867 157,228 215,240 3,612 109,793 109,059 258,040 524,326

(million dollars) 11,548 3,056 14,603 18,892 33,496 46,374 36,132 42,125 158,126 214,084 3,625 110,417 107,292 256,928 522,346 16,106 2,907 19,013 20,015 39,028 46,463 36,419 41,603 163,513 212,555 3,636 110,006 106,185 255,481 525,179 13,842 3,074 16,916 17,571 34,487 47,762 38,304 42,267 162,820 218,871 3,688 114,162 108,397 255,805 527,021 15,994 2,794 18,787 22,992 41,780 44,600 37,398 39,973 163,750 217,768 3,747 112,750 108,765 260,086 532,601 452 179 630 104 734 1,777 2,001 295 4,807 4,985 66 3,014 2,038 319 7,163

(million dollars) 517 92 609 138 747 2,335 2,357 226 5,665 4,945 79 2,991 2,033 537 8,234 638 16 653 94 748 2,070 2,249 238 5,304 5,187 91 3,192 2,086 399 7,790 692 72 764 130 893 2,154 2,303 239 5,589 4,802 106 2,872 2,036 389 8,014 646 92 738 87 825 1,955 2,260 181 5,221 4,933 111 2,999 2,046 371 7,639

768 494 2,360 42 281 115 692 4,751 1,233 1,074 372 7,431 1,408 3,659 5,067 12,498

814 439 2,574 62 394 111 928 5,321 1,574 1,075 303 8,273 1,379 4,048 5,427 13,700

673 438 2,273 47 310 85 1,001 4,826 1,257 1,118 343 7,544 2,076 3,393 5,469 13,013

783 171 2,321 87 324 106 925 4,718 1,571 838 345 7,472 2,212 3,549 5,760 13,232

685 185 1,843 91 268 92 801 3,966 1,149 859 299 6,273 1,386 4,342 5,728 12,001

5,372 3,890 64,380 3,701 2,321 1,172 89,099 169,934 19,047 77,640 129,183 395,804 61,068 67,455 128,522 524,326

5,880 4,308 69,382 3,238 2,986 1,701 92,248 179,744 19,742 76,547 125,147 401,180 59,796 61,370 121,166 522,346

5,525 4,771 69,828 2,885 2,767 975 92,856 179,608 19,517 77,579 129,441 406,144 57,339 61,697 119,035 525,179

6,635 2,745 74,795 1,488 3,106 1,164 90,940 180,873 20,270 76,552 134,832 412,528 58,212 56,282 114,493 527,021

6,788 3,582 68,487 2,441 2,731 2,101 92,736 178,865 20,691 77,968 143,043 420,566 57,008 55,027 112,035 532,601

497 164 1,707 31 125 71 399 2,995 881 513 184 4,573 843 1,747 2,589 7,163

530 167 1,934 55 224 58 541 3,508 1,066 578 168 5,320 808 2,106 2,914 8,234

499 183 1,644 36 140 50 518 3,070 783 652 248 4,753 1,592 1,446 3,037 7,790

585 162 1,723 50 189 46 461 3,216 1,100 501 303 5,120 1,682 1,211 2,893 8,014

514 166 1,403 50 156 53 505 2,847 898 437 270 4,452 800 2,387 3,187 7,639

3,782

4,190

4,137

4,612

4,528

(12,707)

(21,617)

(16,095)

(18,053)

(15,115)

1,812

2,156

2,234

2,373

2,374

(percent of total assets)

(percent of total assets)

(percent of total assets)

10.0 24.2 29.9 68.3 26.5 13.3 38.0 18.5 59.5 40.5

10.1 26.1 29.8 69.4 24.6 12.8 38.8 19.3 60.4 39.6

10.7 24.9 29.7 68.9 25.5 11.6 37.1 18.3 58.0 42.0

11.7 25.3 29.8 70.5 24.2 10.5 35.7 18.2 56.5 43.5

13.1 23.7 31.2 70.8 24.1 10.2 33.0 16.7 52.3 47.7

7.9 7.9 6.4 30.0 20.8 2.4 32.4 18.4 75.5 24.5

6.4 8.9 6.9 30.3 20.5 2.8 34.4 18.4 76.8 23.2

7.4 8.8 6.9 31.1 20.2 2.7 34.2 18.5 77.3 22.7

6.5 9.1 7.3 30.9 20.6 2.6 34.3 18.4 78.3 21.7

7.8 8.4 7.0 30.7 20.4 2.9 33.6 18.5 79.0 21.0

10.3 24.8 27.9 67.1 28.4 12.0 41.8 19.5 63.8 36.2

9.1 28.4 28.6 68.8 24.7 11.9 42.6 20.0 64.6 35.4

9.6 26.6 28.9 68.1 26.8 11.2 39.4 18.4 61.0 39.0

11.1 26.9 28.7 69.7 25.4 12.3 40.1 20.0 63.9 36.1

10.8 25.6 29.6 68.4 26.8 11.6 37.3 17.5 58.3 41.7

61
U.S. Census Bureau

Table 16.0—Income Statement
For Corporations in NAICS Manufacturing Industry Group 3364 and Subsector 337
Aerospace Products and Parts1 Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100.0 2.2 91.2 6.7 1.5 0.7 5.8 (0.1) 5.9 100.0 2.1 90.6 7.3 1.4 2.8 8.7 1.5 7.2 (percent) OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BALANCE SHEET RATIOS (based on succeeding table) Total current assets to total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities to total current liabilities . . . . . . . . . . . . . . . . . . Total stockholders’ equity to total debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

2Q 2005

3Q 2005

4Q 2005

50,095 1,088 45,675 3,333 762 334 2,904 (49) 2,954 1,245 1,709 56,759 (327) 58,141

46,194 979 41,847 3,368 633 1,284 4,019 713 3,307 718 2,588 57,287 (587) 59,289

51,095 1,023 46,113 3,959 631 826 4,154 992 3,162 1,178 1,984 59,294 (76) 61,201

47,087 971 42,421 3,695 633 908 3,970 601 3,369 701 2,668 60,413 205 63,285

53,019 1,013 48,501 3,505 630 864 3,739 883 2,856 1,248 1,608 62,172 (164) 63,615

(percent of net sales) 100.0 2.0 90.2 7.7 1.2 1.6 8.1 1.9 6.2 100.0 2.1 90.1 7.8 1.3 1.9 8.4 1.3 7.2 100.0 1.9 91.5 6.6 1.2 1.6 7.1 1.7 5.4

15.89 16.16 4.70 4.78

21.64 17.80 6.21 5.11

22.09 16.81 6.31 4.80

21.52 18.26 5.93 5.03

19.47 14.87 5.55 4.24

1.12 0.11 1.98

1.09 0.11 2.07

1.12 0.11 2.00

1.10 0.11 1.95

1.11 0.11 2.03

Included in Transportation Equipment.

62
U.S. Census Bureau

Aerospace Products and Parts Total Assets Under $25 Million1 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Furniture and Related Products 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Furniture and Related Products Total Assets Under $25 Million 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 924 27 867 30 11 6 24 6 19 67 (49) 793 (9) 736 918 22 768 128 10 (4) 114 4 110 49 61 521 5 587 983 24 829 130 10 (8) 112 7 106 65 41 493 (22) 512 1,026 27 818 181 12 6 175 34 141 22 118 647 (28) 737 900 18 808 74 7 4 71 1 70 70 0 720 (3) 717 15,036 334 14,029 673 143 (60) 470 149 321 302 20 13,627 (96) 13,551

(million dollars) 15,404 317 14,003 1,083 146 (3) 935 185 750 446 305 13,714 (177) 13,842 16,033 302 14,721 1,010 171 51 890 209 681 1,104 (423) 14,295 (105) 13,767 17,177 322 15,447 1,408 191 (90) 1,127 261 866 617 249 14,078 92 14,418 17,606 334 16,192 1,080 182 (104) 794 174 620 563 57 14,611 (267) 14,402 5,613 109 5,475 29 38 (72) (81) (24) (57) 94 (151) 3,156 (44) 2,961

(million dollars) 5,340 82 4,905 353 35 6 325 13 312 133 179 2,774 (66) 2,887 5,948 84 5,488 376 38 56 394 24 370 159 211 3,340 (10) 3,541 6,627 93 5,996 538 45 (12) 481 74 407 186 221 3,843 74 4,139 6,757 107 6,415 236 47 (21) 168 8 160 288 (128) 3,651 1 3,524

(percent of net sales) 100.0 2.9 93.8 3.3 1.2 0.6 2.7 0.6 2.0 100.0 2.4 83.6 13.9 1.1 (0.4) 12.4 0.5 11.9 (percent) 100.0 2.5 84.3 13.2 1.0 (0.8) 11.4 0.7 10.8 100.0 2.6 79.8 17.7 1.2 0.5 17.0 3.3 13.7 100.0 2.0 89.8 8.2 0.8 0.4 7.9 0.1 7.8 100.0 2.2 93.3 4.5 1.0 (0.4) 3.1 1.0 2.1

(percent of net sales) 100.0 2.1 90.9 7.0 0.9 0.0 6.1 1.2 4.9 (percent) 100.0 1.9 91.8 6.3 1.1 0.3 5.6 1.3 4.2 100.0 1.9 89.9 8.2 1.1 (0.5) 6.6 1.5 5.0 100.0 1.9 92.0 6.1 1.0 (0.6) 4.5 1.0 3.5 100.0 1.9 97.5 0.5 0.7 (1.3) (1.4) (0.4) (1.0)

(percent of net sales) 100.0 1.5 91.9 6.6 0.7 0.1 6.1 0.2 5.8 (percent) 100.0 1.4 92.3 6.3 0.6 0.9 6.6 0.4 6.2 100.0 1.4 90.5 8.1 0.7 (0.2) 7.3 1.1 6.1 100.0 1.6 94.9 3.5 0.7 (0.3) 2.5 0.1 2.4

9.28 7.04 4.19 3.18

50.29 48.35 20.29 19.51

51.69 48.70 19.30 18.18

61.72 49.71 33.26 26.78

28.12 27.86 15.35 15.20

10.66 7.29 5.30 3.62

21.08 16.92 10.47 8.41

20.53 15.71 9.85 7.54

25.12 19.31 11.81 9.07

17.82 13.92 8.56 6.68

(8.11) (5.73) (3.81) (2.70)

34.33 33.00 16.18 15.56

35.05 32.92 17.59 16.52

38.99 32.99 20.06 16.97

15.14 14.37 7.31 6.94

2.10 0.30 1.26

2.03 0.34 1.00

1.84 0.25 0.95

2.82 0.41 2.12

2.81 0.47 1.95

2.04 0.39 1.96

1.99 0.31 1.99

2.01 0.27 1.79

2.03 0.33 1.67

1.92 0.34 1.81

2.05 0.42 1.78

2.05 0.37 1.76

2.15 0.33 1.95

2.19 0.41 1.98

1.94 0.35 1.72

63
U.S. Census Bureau

Table 16.1—Balance Sheet
For Corporations in NAICS Manufacturing Industry Group 3364 and Subsector 337
Aerospace Products and Parts1 Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in U.S. banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including marketable and government securities, commercial paper, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other short-term loans, including commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments. . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital (less treasury stock) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL Excess of total current assets over total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SELECTED BALANCE SHEET RATIOS Total cash, U.S. government and other securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Short-term debt, including installments on long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

4Q 2004

1Q 2005 (million dollars)

2Q 2005

3Q 2005

4Q 2005

7,952 314 8,266 2,433 10,699 48,652 38,391 15,489 113,231 64,103 1,885 37,846 28,142 105,705 247,079

10,232 244 10,476 1,634 12,110 50,497 42,333 17,302 122,242 63,493 1,765 37,656 27,602 109,026 258,870

10,202 172 10,374 2,217 12,591 52,774 42,209 19,573 127,146 60,710 1,749 35,310 27,150 109,227 263,523

10,031 150 10,181 2,257 12,438 52,871 44,120 19,446 128,875 61,858 1,828 36,262 27,424 111,423 267,722

10,697 232 10,929 2,294 13,223 53,427 45,703 19,477 131,830 63,065 1,845 36,369 28,541 109,058 269,429

701 1,693 14,237 1,693 323 1,922 80,873 101,442 3,433 28,877 40,216 173,967 14,971 58,141 73,111 247,079

913 1,008 14,483 2,370 653 1,690 90,560 111,677 2,904 28,658 41,340 184,579 15,002 59,289 74,291 258,870

887 1,351 14,845 2,580 692 1,256 92,189 113,800 2,729 30,781 40,990 188,301 14,021 61,201 75,223 263,523

688 1,644 14,565 2,437 603 1,630 95,603 117,169 2,750 30,432 43,579 193,930 10,506 63,285 73,792 267,722

1,354 2,406 15,251 2,252 574 2,492 94,732 119,060 2,664 28,337 42,548 192,610 13,204 63,615 76,819 269,429

11,789

10,565

13,346

11,706

12,769

(percent of total assets)

4.3 19.7 15.5 45.8 11.4 1.9 41.1 13.1 70.4 29.6

4.7 19.5 16.4 47.2 10.7 1.6 43.1 12.2 71.3 28.7

4.8 20.0 16.0 48.2 10.3 1.6 43.2 12.7 71.5 28.5

4.6 19.7 16.5 48.1 10.2 1.7 43.8 12.4 72.4 27.6

4.9 19.8 17.0 48.9 10.6 2.5 44.2 11.5 71.5 28.5

Included in Transportation Equipment.

64
U.S. Census Bureau

Aerospace Products and Parts Total Assets Under $25 Million1 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Furniture and Related Products 1Q 2005 2Q 2005 3Q 2005 4Q 2005 4Q 2004

Furniture and Related Products Total Assets Under $25 Million 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 182 22 205 33 238 681 672 91 1,682 1,733 28 1,206 556 99 2,336 212 19 231 36 267 607 624 92 1,589 1,821 28 1,272 577 81 2,248 174 16 190 35 225 692 683 80 1,680 1,871 29 1,335 565 85 2,330 166 21 186 29 215 563 623 68 1,470 1,876 28 1,348 556 74 2,100 200 24 224 9 233 462 615 86 1,396 1,481 23 1,088 416 34 1,847 2,230 125 2,354 999 3,353 6,206 6,172 1,802 17,532 19,917 540 12,329 8,127 9,810 35,469

(million dollars) 1,814 147 1,960 823 2,783 6,742 6,297 1,826 17,648 19,880 553 12,430 8,003 10,040 35,691 1,750 129 1,879 598 2,477 7,046 6,879 1,881 18,282 19,530 656 12,139 8,046 9,809 36,138 2,430 182 2,611 592 3,204 7,475 6,901 1,919 19,499 19,932 832 12,584 8,180 10,492 38,171 2,184 303 2,486 803 3,289 6,903 6,483 1,816 18,492 20,036 769 12,727 8,077 10,531 37,100 968 57 1,025 203 1,229 2,088 2,056 567 5,940 5,767 99 3,760 2,106 448 8,493

(million dollars) 752 58 809 196 1,005 2,231 1,972 435 5,643 5,323 50 3,546 1,826 555 8,024 803 28 831 152 982 2,679 2,323 473 6,456 5,380 172 3,666 1,886 614 8,956 1,048 57 1,105 161 1,266 2,850 2,228 404 6,748 5,883 240 3,979 2,144 699 9,591 932 35 967 174 1,140 2,737 1,989 436 6,302 6,307 237 4,240 2,304 612 9,218

64 310 235 6 69 12 108 802 89 297 93 1,281 319 736 1,055 2,336

79 272 251 5 75 11 90 783 181 293 84 1,341 320 587 907 2,248

102 254 295 6 71 9 175 913 166 311 70 1,460 358 512 870 2,330

63 9 246 35 37 11 120 521 231 184 33 968 394 737 1,131 2,100

163 7 196 19 20 7 85 496 139 180 23 839 291 717 1,008 1,847

770 125 3,139 105 757 118 3,592 8,605 4,933 2,280 2,023 17,842 4,077 13,551 17,628 35,469

1,090 227 3,100 141 366 122 3,816 8,861 4,833 2,289 1,970 17,953 3,896 13,842 17,738 35,691

1,254 214 3,142 156 371 162 3,806 9,105 5,173 2,539 1,977 18,793 3,577 13,767 17,345 36,138

1,246 227 3,412 198 384 205 3,914 9,587 5,880 2,800 1,965 20,230 3,522 14,418 17,940 38,171

909 300 3,189 198 775 222 4,056 9,649 4,967 2,650 2,023 19,289 3,409 14,402 17,811 37,100

544 41 1,173 9 167 86 880 2,899 859 556 183 4,497 1,036 2,961 3,997 8,493

499 63 1,094 1 183 85 821 2,747 722 599 174 4,241 896 2,887 3,783 8,024

651 70 1,106 76 161 111 828 3,001 714 599 147 4,462 953 3,541 4,494 8,956

640 88 1,209 54 189 128 770 3,077 821 630 128 4,657 795 4,139 4,935 9,591

543 116 1,119 63 373 124 918 3,256 818 613 78 4,765 928 3,524 4,453 9,218

880

807

767

948

900

8,926

8,787

9,177

9,912

8,843

3,041

2,896

3,455

3,670

3,046

(percent of total assets)

(percent of total assets)

(percent of total assets)

10.2 29.2 28.7 72.0 23.8 19.4 34.3 16.5 54.8 45.2

11.9 27.0 27.8 70.7 25.7 19.4 34.8 21.1 59.7 40.3

9.7 29.7 29.3 72.1 24.2 18.7 39.2 20.5 62.7 37.3

10.3 26.8 29.7 70.0 26.5 5.7 24.8 19.7 46.1 53.9

12.6 25.0 33.3 75.6 22.5 10.6 26.9 17.3 45.4 54.6

9.5 17.5 17.4 49.4 22.9 5.0 24.3 20.3 50.3 49.7

7.8 18.9 17.6 49.4 22.4 5.1 24.8 20.0 50.3 49.7

6.9 19.5 19.0 50.6 22.3 5.5 25.2 21.3 52.0 48.0

8.4 19.6 18.1 51.1 21.4 5.4 25.1 22.7 53.0 47.0

8.9 18.6 17.5 49.8 21.8 5.9 26.0 20.5 52.0 48.0

14.5 24.6 24.2 69.9 24.8 9.9 34.1 16.7 52.9 47.1

12.5 27.8 24.6 70.3 22.8 10.4 34.2 16.5 52.9 47.1

11.0 29.9 25.9 72.1 21.1 11.1 33.5 14.7 49.8 50.2

13.2 29.7 23.2 70.4 22.4 10.9 32.1 15.1 48.6 51.4

12.4 29.7 21.6 68.4 25.0 12.5 35.3 15.5 51.7 48.3

65
U.S. Census Bureau

Table 17.0—Income Statement
For Corporations in NAICS Manufacturing Subsector 339
Miscellaneous Manufacturing Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100.0 3.5 84.8 11.7 1.8 3.9 13.8 3.2 10.6 100.0 3.5 83.6 12.9 1.9 5.1 16.1 4.1 12.0 (percent) OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BALANCE SHEET RATIOS (based on succeeding table) Total current assets to total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities to total current liabilities . . . . . . . . . . . . . . . . . . Total stockholders’ equity to total debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.43 0.30 1.92 1.46 0.29 2.04 1.54 0.28 2.20 1.56 0.29 2.16 1.61 0.39 2.45 21.87 16.85 10.64 8.19 24.41 18.13 12.32 9.15 20.51 13.70 10.76 7.19 22.15 16.54 11.50 8.59 20.99 15.38 11.19 8.20 100.0 3.4 85.8 10.7 1.8 4.5 13.5 4.5 9.0 100.0 3.5 84.3 12.2 1.7 4.2 14.6 3.7 10.9 100.0 3.4 86.7 9.9 1.7 5.8 14.0 3.7 10.2 30,088 1,046 25,526 3,517 537 1,169 4,149 953 3,196 1,548 1,648 40,772 (426) 41,995 30,351 1,061 25,375 3,915 568 1,544 4,892 1,258 3,633 833 2,800 45,112 (451) 47,461 31,319 1,074 26,881 3,364 554 1,416 4,227 1,403 2,824 1,206 1,618 47,718 (6) 49,329 32,263 1,136 27,197 3,931 563 1,346 4,714 1,194 3,520 901 2,619 49,354 (397) 51,576 32,700 1,123 28,336 3,242 554 1,883 4,570 1,222 3,349 1,729 1,620 53,401 (205) 54,815 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

66
U.S. Census Bureau

Miscellaneous Manufacturing Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 6,807 173 6,507 127 116 10 20 64 (44) 225 (269) (3,654) (170) (4,094) 6,755 148 6,186 421 120 11 312 119 193 263 (70) (2,848) (37) (2,955) 6,842 143 6,210 489 113 (12) 364 40 325 558 (233) (2,136) (61) (2,430) 7,205 147 6,702 356 124 12 243 55 188 267 (78) (3,479) (43) (3,600) 6,918 129 6,653 136 80 (28) 29 21 7 362 (354) (1,314) (191) (1,858)

(percent of net sales) 100.0 2.5 95.6 1.9 1.7 0.1 0.3 0.9 (0.7) 100.0 2.2 91.6 6.2 1.8 0.2 4.6 1.8 2.9 (percent) 100.0 2.1 90.8 7.2 1.6 (0.2) 5.3 0.6 4.7 100.0 2.0 93.0 4.9 1.7 0.2 3.4 0.8 2.6 100.0 1.9 96.2 2.0 1.2 (0.4) 0.4 0.3 0.1

2.27 (5.09) 0.54 (1.20)

29.57 18.28 8.50 5.25

27.16 24.20 10.20 9.09

17.30 13.38 6.43 4.97

2.23 0.58 0.88 0.23

1.98 0.46 0.56

1.84 0.41 0.76

2.04 0.40 0.99

2.29 0.51 0.98

2.03 0.47 1.13

67
U.S. Census Bureau

Table 17.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsector 339
Miscellaneous Manufacturing Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in U.S. banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including marketable and government securities, commercial paper, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other short-term loans, including commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments. . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital (less treasury stock) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL Excess of total current assets over total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SELECTED BALANCE SHEET RATIOS Total cash, U.S. government and other securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Short-term debt, including installments on long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.6 10.2 9.2 31.2 14.0 5.2 21.9 20.1 51.4 48.6 6.2 10.4 9.8 31.6 14.2 5.9 21.7 18.9 49.5 50.5 5.6 10.6 10.0 31.3 14.3 5.1 20.3 18.8 47.5 52.5 6.1 11.0 10.2 32.4 14.0 5.6 20.8 18.5 48.1 51.9 8.1 10.6 9.9 33.7 14.1 5.0 20.9 16.8 46.7 53.3 14,616 15,709 17,269 19,017 20,889 1,847 2,498 6,612 2,417 1,846 1,935 16,970 34,125 13,936 17,466 14,600 80,127 33,888 41,995 75,883 156,010 1,784 2,232 6,972 2,598 2,274 3,112 15,429 34,402 13,435 16,522 14,283 78,642 32,695 47,461 80,156 158,798 1,967 1,359 6,638 2,858 2,099 2,558 14,431 31,910 14,336 15,223 13,269 74,737 33,123 49,329 82,453 157,190 2,253 2,757 6,842 2,802 1,882 2,249 15,316 34,102 14,105 16,179 14,435 78,822 33,532 51,576 85,107 163,929 2,307 1,457 7,127 2,853 2,363 1,962 16,109 34,178 12,040 15,468 14,575 76,260 32,277 54,815 87,092 163,352 7,021 620 7,642 2,703 10,345 15,898 14,368 8,131 48,741 49,084 931 28,251 21,764 85,504 156,010 4Q 2004 1Q 2005 (million dollars) 6,676 535 7,211 2,632 9,842 16,579 15,484 8,206 50,111 50,917 981 29,272 22,626 86,061 158,798 5,438 438 5,876 2,941 8,817 16,637 15,730 7,994 49,179 51,326 967 29,861 22,432 85,579 157,190 6,314 738 7,053 2,969 10,022 18,065 16,788 8,244 53,120 52,048 897 29,954 22,991 87,819 163,929 8,910 700 9,610 3,668 13,278 17,277 16,238 8,273 55,066 52,237 872 30,093 23,017 85,269 163,352 2Q 2005 3Q 2005 4Q 2005

(percent of total assets)

68
U.S. Census Bureau

Miscellaneous Manufacturing Total Assets Under $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 1,655 159 1,814 390 2,204 3,421 3,225 640 9,490 7,766 203 4,761 3,208 2,067 14,765 1,603 169 1,772 406 2,178 3,483 3,430 683 9,774 7,579 163 4,560 3,182 1,738 14,694 1,426 128 1,554 343 1,897 3,576 3,467 659 9,600 7,485 205 4,680 3,009 1,690 14,299 1,763 145 1,909 394 2,302 3,715 3,674 682 10,373 7,626 114 4,622 3,118 1,651 15,142 1,388 207 1,594 471 2,065 3,333 2,994 507 8,899 7,022 86 4,349 2,759 1,346 13,004

539 388 1,804 60 539 307 1,148 4,785 1,240 3,204 2,044 11,274 7,585 (4,094) 3,492 14,765

696 435 1,757 74 580 557 1,205 5,304 1,289 2,027 1,849 10,470 7,179 (2,955) 4,224 14,694

730 359 1,467 53 424 501 1,174 4,709 1,638 1,750 834 8,932 7,797 (2,430) 5,367 14,299

724 363 1,549 50 373 212 1,259 4,530 1,593 2,502 888 9,513 9,229 (3,600) 5,629 15,142

822 199 1,728 30 276 330 1,002 4,387 1,399 1,511 582 7,880 6,983 (1,858) 5,125 13,004

4,705

4,470

4,891

5,843

4,512

(percent of total assets)

14.9 23.2 21.8 64.3 21.7 12.0 32.4 30.1 76.4 23.6

14.8 23.7 23.3 66.5 21.7 15.4 36.1 22.6 71.3 28.7

13.3 25.0 24.2 67.1 21.0 14.1 32.9 23.7 62.5 37.5

15.2 24.5 24.3 68.5 20.6 11.0 29.9 27.0 62.8 37.2

15.9 25.6 23.0 68.4 21.2 12.5 33.7 22.4 60.6 39.4

69
U.S. Census Bureau

Table 18.0—Income Statement
For Corporations in NAICS Manufacturing Sector, By Size of Total Assets
All Manufacturing Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100.0 3.1 91.1 5.8 1.7 4.4 8.6 1.7 6.9 100.0 3.1 90.3 6.6 1.7 4.5 9.4 2.1 7.3 (percent) OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BALANCE SHEET RATIOS (based on succeeding table) Total current assets to total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities to total current liabilities . . . . . . . . . . . . . . . . . . Total stockholders’ equity to total debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.29 0.29 1.82 1.29 0.27 1.81 1.30 0.28 1.83 1.29 0.29 1.89 1.32 0.32 1.95 19.05 15.29 7.96 6.39 20.44 15.90 8.54 6.64 23.07 17.86 9.67 7.49 23.12 17.73 9.66 7.41 20.42 16.03 8.64 6.78 100.0 2.9 90.0 7.1 1.6 4.5 10.0 2.3 7.8 100.0 2.9 90.6 6.6 1.6 5.1 10.0 2.3 7.7 100.0 2.8 91.5 5.7 1.6 4.8 8.8 1.9 6.9 1,288,495 40,486 1,173,436 74,572 21,314 56,941 110,199 21,765 88,433 40,346 48,087 1,206,369 (12,546) 1,241,911 1,268,221 39,338 1,145,534 83,349 20,932 57,336 119,754 26,576 93,178 45,267 47,910 1,248,262 (26,581) 1,269,591 1,370,343 39,188 1,233,787 97,368 21,550 61,841 137,658 31,063 106,595 37,086 69,509 1,273,453 (8,982) 1,333,981 1,406,857 40,422 1,274,122 92,313 22,933 71,578 140,958 32,894 108,064 45,649 62,415 1,319,711 (5,677) 1,376,449 1,420,841 40,414 1,300,067 80,359 22,600 67,737 125,495 26,973 98,522 45,401 53,122 1,391,064 (9,767) 1,434,418 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

70
U.S. Census Bureau

All Manufacturing Total Assets Under $5 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

All Manufacturing Total Assets $5 Million to $10 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

All Manufacturing Total Assets $10 Million to $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 66,884 1,797 63,664 1,422 622 (209) 591 224 367 1,984 (1,617) 22,661 (266) 20,778 66,334 1,503 60,410 4,421 546 186 4,062 363 3,698 2,790 908 23,405 (286) 24,027 69,492 1,514 62,464 5,515 559 (67) 4,889 365 4,524 2,399 2,125 23,005 (185) 24,944 66,739 1,550 60,526 4,663 626 (37) 3,999 397 3,603 2,172 1,430 23,432 (78) 24,785 72,564 1,696 68,794 2,074 599 (238) 1,236 287 949 2,235 (1,286) 27,912 (327) 26,299 29,681 743 28,022 916 321 (54) 541 132 408 703 (295) 13,217 (147) 12,776

(million dollars) 27,447 723 25,203 1,522 302 24 1,244 171 1,073 638 435 10,922 (230) 11,127 32,871 773 29,801 2,298 343 (122) 1,833 240 1,593 1,052 541 12,086 78 12,706 31,684 724 28,851 2,109 337 34 1,807 237 1,569 896 673 7,628 207 8,509 31,066 763 29,251 1,052 334 (137) 580 153 427 873 (446) 10,029 (32) 9,551 36,265 959 34,068 1,238 404 (108) 725 207 518 773 (255) 13,332 135 13,212

(million dollars) 38,414 964 35,275 2,175 409 13 1,779 364 1,415 865 551 13,930 (173) 14,307 38,511 997 35,059 2,455 439 197 2,213 305 1,908 1,373 535 11,840 (262) 12,113 43,129 1,000 39,293 2,836 469 (1) 2,366 389 1,978 975 1,003 12,412 (81) 13,334 41,361 1,014 38,187 2,160 446 (158) 1,555 392 1,163 1,223 (60) 17,389 (232) 17,098

(percent of net sales) 100.0 2.7 95.2 2.1 0.9 (0.3) 0.9 0.3 0.5 100.0 2.3 91.1 6.7 0.8 0.3 6.1 0.5 5.6 (percent) 100.0 2.2 89.9 7.9 0.8 (0.1) 7.0 0.5 6.5 100.0 2.3 90.7 7.0 0.9 (0.1) 6.0 0.6 5.4 100.0 2.3 94.8 2.9 0.8 (0.3) 1.7 0.4 1.3 100.0 2.5 94.4 3.1 1.1 (0.2) 1.8 0.4 1.4

(percent of net sales) 100.0 2.6 91.8 5.5 1.1 0.1 4.5 0.6 3.9 (percent) 100.0 2.4 90.7 7.0 1.0 (0.4) 5.6 0.7 4.8 100.0 2.3 91.1 6.7 1.1 0.1 5.7 0.7 5.0 100.0 2.5 94.2 3.4 1.1 (0.4) 1.9 0.5 1.4 100.0 2.6 93.9 3.4 1.1 (0.3) 2.0 0.6 1.4

(percent of net sales) 100.0 2.5 91.8 5.7 1.1 0.0 4.6 0.9 3.7 (percent) 100.0 2.6 91.0 6.4 1.1 0.5 5.7 0.8 5.0 100.0 2.3 91.1 6.6 1.1 0.0 5.5 0.9 4.6 100.0 2.5 92.3 5.2 1.1 (0.4) 3.8 0.9 2.8

6.36 3.96 2.24 1.39

40.48 36.86 15.14 13.78

45.72 42.31 18.20 16.85

37.13 33.45 14.91 13.43

10.96 8.42 4.50 3.45

9.06 6.85 3.76 2.84

22.02 19.00 8.86 7.65

30.22 26.27 12.24 10.64

30.49 26.48 12.32 10.70

9.25 6.81 3.96 2.92

8.31 5.93 3.62 2.59

19.28 15.34 8.26 6.57

23.90 20.60 10.43 9.00

24.30 20.31 10.56 8.82

16.12 12.06 7.26 5.43

1.76 0.37 0.97

1.81 0.37 1.08

1.94 0.41 1.12

2.01 0.45 1.11

2.02 0.45 1.17

1.84 0.34 1.21

1.87 0.32 1.13

1.84 0.28 1.15

1.91 0.31 1.12

1.85 0.30 1.28

1.84 0.30 1.32

1.81 0.30 1.30

1.86 0.32 1.34

1.89 0.34 1.36

1.88 0.34 1.48

71
U.S. Census Bureau

Table 18.1—Balance Sheet
For Corporations in NAICS Manufacturing Sector, By Size of Total Assets
All Manufacturing Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in U.S. banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including marketable and government securities, commercial paper, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other short-term loans, including commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments. . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital (less treasury stock) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL Excess of total current assets over total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SELECTED BALANCE SHEET RATIOS Total cash, U.S. government and other securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Short-term debt, including installments on long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.9 9.9 8.9 30.6 20.1 4.2 23.8 18.8 58.2 41.8 6.6 10.2 9.2 31.0 19.8 4.4 24.0 18.7 58.2 41.8 6.7 10.4 9.2 31.4 19.6 4.3 24.2 18.5 58.1 41.9 7.2 10.4 9.2 32.1 19.4 4.2 24.8 17.9 58.2 41.8 8.0 10.2 9.2 32.5 19.6 4.1 24.6 17.6 57.7 42.3 377,518 391,558 408,897 423,539 458,046 47,230 86,412 385,560 58,664 31,727 67,115 642,421 1,319,128 266,514 775,904 862,348 3,223,895 1,072,307 1,241,911 2,314,218 5,538,113 54,313 92,566 392,907 65,687 35,591 63,414 642,305 1,346,783 269,818 778,331 873,116 3,268,049 1,074,200 1,269,591 2,343,791 5,611,840 52,231 91,182 406,696 64,291 35,775 65,577 665,464 1,381,216 273,579 782,673 871,384 3,308,852 1,053,306 1,333,981 2,387,287 5,696,138 52,542 93,967 421,333 61,094 34,738 64,745 720,844 1,449,263 272,972 773,792 900,729 3,396,756 1,061,756 1,376,449 2,438,205 5,834,961 48,797 89,757 423,196 60,725 33,580 66,642 710,137 1,432,835 268,015 754,142 899,737 3,354,730 1,023,999 1,434,418 2,458,417 5,813,147 183,241 31,194 214,435 168,658 383,093 549,833 492,391 271,329 1,696,647 2,298,263 99,419 1,286,419 1,111,263 2,730,203 5,538,113 4Q 2004 1Q 2005 (million dollars) 171,030 33,369 204,399 164,740 369,138 573,603 518,993 276,606 1,738,341 2,327,490 99,506 1,313,242 1,113,753 2,759,745 5,611,840 177,899 34,173 212,072 168,990 381,063 594,402 526,563 288,085 1,790,113 2,340,944 99,524 1,322,871 1,117,597 2,788,428 5,696,138 189,701 37,196 226,897 191,260 418,157 607,011 535,405 312,229 1,872,803 2,373,043 100,663 1,340,093 1,133,613 2,828,546 5,834,961 211,250 46,487 257,737 205,472 463,209 590,384 535,937 301,352 1,890,881 2,379,755 101,287 1,342,556 1,138,486 2,783,780 5,813,147 2Q 2005 3Q 2005 4Q 2005

(percent of total assets)

72
U.S. Census Bureau

All Manufacturing Total Assets Under $5 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

All Manufacturing Total Assets $5 Million to $10 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

All Manufacturing Total Assets $10 Million to $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 12,313 960 13,273 1,830 15,103 28,627 22,888 4,731 71,348 97,741 1,336 70,682 28,395 5,866 105,610 12,350 1,024 13,373 1,730 15,103 30,030 23,923 4,797 73,853 98,292 1,420 72,128 27,584 5,904 107,341 12,875 985 13,860 1,862 15,722 30,364 23,658 4,452 74,195 96,684 1,401 70,413 27,672 5,551 107,417 13,142 1,351 14,493 1,849 16,342 29,793 23,225 4,348 73,708 98,209 1,464 71,920 27,753 5,823 107,284 13,409 1,477 14,885 1,850 16,736 30,590 24,076 4,027 75,429 100,669 1,555 73,748 28,476 6,050 109,954 4,961 935 5,896 1,074 6,971 14,950 14,175 1,983 38,079 41,442 1,011 26,723 15,731 3,650 57,460

(million dollars) 4,742 705 5,447 910 6,358 14,347 13,990 2,168 36,862 40,719 1,051 26,096 15,674 3,617 56,153 4,435 706 5,141 910 6,051 16,188 14,913 2,158 39,309 44,013 1,018 28,204 16,827 3,730 59,866 4,955 368 5,323 893 6,216 16,153 14,518 2,040 38,926 41,048 1,021 26,043 16,026 3,685 58,637 4,822 510 5,332 921 6,253 14,605 15,002 2,096 37,955 42,870 951 27,428 16,393 4,262 58,610 5,742 589 6,331 1,892 8,223 18,718 19,596 3,174 49,712 54,934 1,332 33,530 22,736 7,638 80,085

(million dollars) 6,434 539 6,973 2,149 9,122 21,145 20,941 3,046 54,254 58,345 1,400 35,676 24,069 7,873 86,196 6,349 465 6,814 2,265 9,078 20,651 20,158 3,157 53,045 59,555 1,231 36,372 24,413 7,379 84,837 6,966 909 7,875 2,439 10,314 22,270 20,789 3,951 57,324 60,860 1,276 37,368 24,768 7,559 89,650 6,821 674 7,495 2,231 9,726 21,258 19,504 3,307 53,795 60,748 1,202 37,350 24,600 7,282 85,677

6,363 2,058 16,785 401 3,554 2,053 9,281 40,495 12,323 12,084 3,576 68,478 16,354 20,778 37,132 105,610

6,629 1,648 17,055 415 3,553 2,114 9,335 40,750 11,580 11,523 3,349 67,203 16,111 24,027 40,138 107,341

6,167 1,794 16,566 434 3,669 2,301 7,316 38,246 11,813 12,418 2,170 64,647 17,826 24,944 42,770 107,417

6,271 1,599 15,639 367 3,760 1,991 7,096 36,723 11,913 13,352 2,213 64,200 18,299 24,785 43,084 107,284

6,104 1,531 16,260 416 3,548 1,720 7,708 37,286 12,289 13,369 1,906 64,851 18,805 26,299 45,104 109,954

4,184 650 8,770 133 2,152 854 3,946 20,688 6,918 4,960 1,037 33,604 11,081 12,776 23,856 57,460

3,765 701 8,624 153 2,021 784 3,698 19,747 6,843 5,908 1,059 33,557 11,469 11,127 22,596 56,153

4,282 954 8,929 185 2,003 814 4,239 21,405 7,201 5,804 1,199 35,609 11,551 12,706 24,257 59,866

4,146 898 8,547 241 1,916 706 3,908 20,363 7,260 6,147 1,165 34,934 15,195 8,509 23,703 58,637

4,420 644 8,267 202 2,117 653 4,255 20,558 6,498 5,286 1,158 33,500 15,559 9,551 25,110 58,610

5,770 968 10,687 303 2,710 1,061 5,471 26,970 9,611 6,383 2,203 45,166 21,707 13,212 34,919 80,085

6,765 992 11,961 366 2,836 1,136 5,954 30,009 9,819 6,900 2,560 49,287 22,601 14,307 36,909 86,196

6,542 1,009 11,418 445 2,668 772 5,706 28,560 9,651 7,089 2,491 47,791 24,933 12,113 37,046 84,837

6,603 761 12,286 476 2,811 992 6,395 30,325 10,584 6,954 2,831 50,693 25,623 13,334 38,957 89,650

5,875 881 11,334 522 2,471 864 6,648 28,595 9,350 6,622 2,518 47,085 21,494 17,098 38,592 85,677

30,854

33,103

35,949

36,986

38,143

17,391

17,115

17,905

18,564

17,398

22,742

24,245

24,485

26,999

25,200

(percent of total assets)

(percent of total assets)

(percent of total assets)

14.3 27.1 21.7 67.6 26.9 13.3 38.3 23.1 64.8 35.2

14.1 28.0 22.3 68.8 25.7 13.0 38.0 21.5 62.6 37.4

14.6 28.3 22.0 69.1 25.8 13.0 35.6 22.6 60.2 39.8

15.2 27.8 21.6 68.7 25.9 12.7 34.2 23.5 59.8 40.2

15.2 27.8 21.9 68.6 25.9 11.7 33.9 23.3 59.0 41.0

12.1 26.0 24.7 66.3 27.4 13.6 36.0 20.7 58.5 41.5

11.3 25.6 24.9 65.6 27.9 12.9 35.2 22.7 59.8 40.2

10.1 27.0 24.9 65.7 28.1 13.5 35.8 21.7 59.5 40.5

10.6 27.5 24.8 66.4 27.3 13.1 34.7 22.9 59.6 40.4

10.7 24.9 25.6 64.8 28.0 13.4 35.1 20.1 57.2 42.8

10.3 23.4 24.5 62.1 28.4 13.1 33.7 20.0 56.4 43.6

10.6 24.5 24.3 62.9 27.9 13.6 34.8 19.4 57.2 42.8

10.7 24.3 23.8 62.5 28.8 13.0 33.7 19.7 56.3 43.7

11.5 24.8 23.2 63.9 27.6 12.5 33.8 19.6 56.5 43.5

11.4 24.8 22.8 62.8 28.7 11.8 33.4 18.6 55.0 45.0

73
U.S. Census Bureau

Table 19.0—Income Statement
For Corporations in NAICS Nondurable Manufacturing Subsectors, By Size of Total Assets
All Nondurable Manufacturing Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100.0 3.0 90.1 6.9 1.8 4.7 9.9 2.0 7.8 100.0 3.0 88.8 8.2 1.7 5.3 11.8 2.5 9.3 (percent) OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BALANCE SHEET RATIOS (based on succeeding table) Total current assets to total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities to total current liabilities . . . . . . . . . . . . . . . . . . Total stockholders’ equity to total debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.20 0.23 1.46 1.23 0.24 1.47 1.23 0.24 1.52 1.23 0.27 1.59 1.27 0.30 1.68 23.95 19.02 9.60 7.63 27.97 22.01 11.33 8.91 27.95 21.90 11.45 8.97 30.47 23.38 12.44 9.54 28.12 22.29 11.81 9.36 100.0 2.7 89.1 8.2 1.6 4.5 11.2 2.4 8.7 100.0 2.6 90.1 7.3 1.6 6.1 11.8 2.7 9.1 100.0 2.6 90.9 6.5 1.6 6.2 11.2 2.3 8.9 628,295 19,143 565,782 43,369 10,997 29,579 61,951 12,739 49,212 26,265 22,947 754,392 (2,982) 774,357 627,673 18,611 557,431 51,632 10,766 33,200 74,066 15,788 58,278 31,164 27,113 774,732 (5,461) 796,384 679,876 18,328 605,505 56,042 11,074 30,913 75,882 16,433 59,448 21,858 37,590 797,117 (3,383) 831,325 722,590 18,726 651,224 52,639 11,513 44,136 85,262 19,848 65,414 31,477 33,937 822,345 (1,681) 854,601 714,111 18,697 648,811 46,603 11,235 44,432 79,800 16,560 63,240 27,754 35,486 858,733 (492) 893,726 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

74
U.S. Census Bureau

All Nondurable Manufacturing Total Assets Under $5 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

All Nondurable Manufacturing Total Assets $5 Million to $10 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

All Nondurable Manufacturing Total Assets $10 Million to $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 21,849 570 20,769 510 200 (30) 280 86 195 711 (516) 8,257 (27) 7,715 22,372 484 20,725 1,164 194 272 1,243 110 1,133 1,066 67 8,200 (18) 8,250 22,722 453 20,944 1,325 164 (24) 1,136 88 1,048 629 419 8,501 12 8,931 21,070 484 19,459 1,127 217 (74) 835 79 756 694 62 7,004 71 7,137 24,418 558 23,083 777 200 (126) 451 72 379 844 (465) 8,613 216 8,364 11,908 298 10,992 618 104 64 578 36 542 163 378 7,000 (22) 7,356

(million dollars) 10,869 289 10,019 561 103 (7) 450 60 390 195 195 6,631 (119) 6,707 13,403 329 12,315 759 136 (105) 518 99 419 331 88 6,806 51 6,946 12,311 302 11,316 693 134 23 581 88 493 435 58 5,437 (54) 5,442 12,604 293 11,840 471 132 (24) 315 59 257 266 (9) 6,991 48 7,030 15,426 407 14,479 541 170 (3) 368 71 297 296 1 6,478 34 6,514

(million dollars) 15,731 422 14,458 850 169 8 689 95 593 301 293 6,448 (170) 6,571 14,953 404 13,795 754 190 (11) 553 88 465 429 36 5,592 (65) 5,564 16,507 409 15,340 758 194 3 567 138 430 348 81 6,098 (35) 6,143 16,934 450 15,701 783 201 (123) 458 134 324 312 12 6,795 (99) 6,708

(percent of net sales) 100.0 2.6 95.1 2.3 0.9 (0.1) 1.3 0.4 0.9 100.0 2.2 92.6 5.2 0.9 1.2 5.6 0.5 5.1 (percent) 100.0 2.0 92.2 5.8 0.7 (0.1) 5.0 0.4 4.6 100.0 2.3 92.4 5.3 1.0 (0.4) 4.0 0.4 3.6 100.0 2.3 94.5 3.2 0.8 (0.5) 1.8 0.3 1.6 100.0 2.5 92.3 5.2 0.9 0.5 4.9 0.3 4.5

(percent of net sales) 100.0 2.7 92.2 5.2 0.9 (0.1) 4.1 0.6 3.6 (percent) 100.0 2.5 91.9 5.7 1.0 (0.8) 3.9 0.7 3.1 100.0 2.5 91.9 5.6 1.1 0.2 4.7 0.7 4.0 100.0 2.3 93.9 3.7 1.0 (0.2) 2.5 0.5 2.0 100.0 2.6 93.9 3.5 1.1 0.0 2.4 0.5 1.9

(percent of net sales) 100.0 2.7 91.9 5.4 1.1 0.0 4.4 0.6 3.8 (percent) 100.0 2.7 92.3 5.0 1.3 (0.1) 3.7 0.6 3.1 100.0 2.5 92.9 4.6 1.2 0.0 3.4 0.8 2.6 100.0 2.7 92.7 4.6 1.2 (0.7) 2.7 0.8 1.9

9.75 6.78 3.52 2.45

39.61 36.12 14.64 13.35

35.90 33.11 14.04 12.95

26.95 24.40 10.14 9.19

13.24 11.12 5.24 4.40

23.97 22.47 10.74 10.07

20.64 17.87 8.91 7.72

22.81 18.46 9.17 7.42

30.64 26.00 11.19 9.49

13.44 10.95 5.79 4.72

13.51 10.91 4.82 3.89

24.06 20.73 8.45 7.28

20.50 17.24 7.16 6.02

19.81 15.00 7.01 5.31

14.85 10.50 5.49 3.88

1.75 0.35 0.95

1.77 0.35 1.00

1.84 0.39 1.08

1.86 0.39 0.98

1.98 0.44 1.08

1.79 0.36 1.33

1.77 0.31 1.25

1.79 0.29 1.07

1.80 0.25 0.92

1.85 0.29 1.22

1.58 0.21 0.89

1.55 0.20 0.87

1.57 0.21 0.88

1.62 0.25 0.89

1.62 0.23 0.99

75
U.S. Census Bureau

Table 19.1—Balance Sheet
For Corporations in NAICS Nondurable Manufacturing Subsectors, By Size of Total Assets
All Nondurable Manufacturing Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in U.S. banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including marketable and government securities, commercial paper, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other short-term loans, including commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments. . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital (less treasury stock) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL Excess of total current assets over total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SELECTED BALANCE SHEET RATIOS Total cash, U.S. government and other securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Short-term debt, including installments on long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.9 8.9 7.7 25.3 24.0 5.3 21.1 22.3 59.9 40.1 4.9 8.9 7.9 25.8 23.9 5.4 20.9 22.1 59.5 40.5 5.0 9.1 7.8 26.1 23.5 5.2 21.2 21.7 59.0 41.0 6.0 9.0 7.7 27.6 23.1 5.1 22.5 20.6 59.2 40.8 6.5 8.8 7.8 27.6 23.4 4.8 21.7 20.2 58.0 42.0 109,263 128,269 129,236 140,350 157,748 21,642 58,853 163,175 26,962 14,128 40,898 218,899 544,556 131,662 442,459 426,841 1,545,518 260,420 774,357 1,034,777 2,580,295 25,016 62,443 161,926 31,608 15,412 39,153 210,705 546,262 133,177 443,542 432,747 1,555,727 262,946 796,384 1,059,330 2,615,057 21,401 61,073 173,649 29,981 14,366 41,468 220,087 562,026 133,237 442,600 426,967 1,564,830 254,610 831,325 1,085,934 2,650,764 21,508 61,899 181,631 28,549 14,009 41,499 268,163 617,257 132,295 432,675 441,005 1,623,232 264,713 854,601 1,119,314 2,742,546 18,288 56,243 183,754 26,700 13,217 42,527 247,065 587,795 130,112 414,913 435,906 1,568,727 241,373 893,726 1,135,099 2,703,826 61,369 10,937 72,306 53,181 125,488 228,540 198,129 101,662 653,819 1,223,884 59,467 663,101 620,249 1,306,227 2,580,295 4Q 2004 1Q 2005 (million dollars) 59,693 13,961 73,655 55,377 129,031 233,771 207,746 103,982 674,531 1,242,233 59,279 677,682 623,830 1,316,696 2,615,057 60,763 14,488 75,251 57,576 132,828 241,742 207,659 109,033 691,262 1,242,139 58,851 678,680 622,311 1,337,192 2,650,764 69,160 17,866 87,025 78,478 165,504 247,607 211,233 133,264 757,608 1,259,879 59,377 686,277 632,980 1,351,959 2,742,546 75,588 23,178 98,766 76,169 174,935 238,135 211,191 121,283 745,544 1,262,272 59,503 688,990 632,785 1,325,497 2,703,826 2Q 2005 3Q 2005 4Q 2005

(percent of total assets)

76
U.S. Census Bureau

All Nondurable Manufacturing Total Assets Under $5 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

All Nondurable Manufacturing Total Assets $5 Million to $10 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

All Nondurable Manufacturing Total Assets $10 Million to $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 3,392 226 3,618 557 4,175 8,631 6,727 1,331 20,864 30,350 401 21,684 9,066 1,909 31,839 3,642 275 3,916 553 4,469 9,386 7,301 1,580 22,736 30,821 513 22,072 9,262 1,954 33,952 3,713 165 3,878 618 4,497 9,219 6,404 1,279 21,399 29,320 365 20,697 8,988 1,968 32,356 3,476 332 3,809 662 4,471 8,803 6,649 1,168 21,091 31,212 403 22,285 9,331 2,520 32,942 4,040 315 4,354 744 5,098 9,637 6,943 1,105 22,784 32,850 349 23,751 9,447 2,220 34,451 1,872 420 2,291 404 2,696 5,437 4,644 676 13,453 16,938 566 10,796 6,708 1,355 21,516

(million dollars) 1,722 229 1,951 264 2,216 5,274 4,353 707 12,551 16,290 540 10,419 6,411 1,252 20,213 1,642 304 1,946 303 2,249 6,028 4,968 854 14,098 18,330 484 11,856 6,957 1,531 22,587 1,598 106 1,704 159 1,863 5,789 4,823 799 13,273 16,336 481 10,460 6,358 1,146 20,777 1,754 164 1,917 193 2,111 5,400 5,196 838 13,545 17,647 414 11,355 6,706 1,532 21,783 1,807 178 1,985 373 2,358 7,014 7,201 1,220 17,793 22,992 548 13,548 9,992 2,720 30,505

(million dollars) 1,962 153 2,115 401 2,516 7,634 7,792 1,235 19,177 24,537 625 14,256 10,905 2,515 32,598 1,615 80 1,695 682 2,377 7,136 7,127 1,327 17,967 24,278 505 14,162 10,621 2,310 30,898 2,032 197 2,229 747 2,976 7,836 7,046 1,475 19,333 25,135 462 14,904 10,693 2,354 32,380 2,058 256 2,314 430 2,744 7,923 7,596 1,432 19,694 26,655 454 15,813 11,296 2,415 33,406

2,057 539 5,624 124 1,185 646 1,752 11,927 4,297 3,427 684 20,335 3,789 7,715 11,504 31,839

2,534 439 5,908 161 1,137 539 2,095 12,812 4,090 3,868 634 21,404 4,298 8,250 12,548 33,952

2,092 366 5,589 118 998 722 1,773 11,658 3,572 3,985 483 19,698 3,727 8,931 12,658 32,356

2,076 254 5,593 99 1,005 556 1,771 11,353 4,150 4,551 486 20,541 5,264 7,137 12,401 32,942

1,939 264 5,705 97 1,076 516 1,939 11,536 4,169 4,637 474 20,816 5,271 8,364 13,635 34,451

1,785 277 2,995 48 810 330 1,257 7,500 2,532 1,497 344 11,873 2,287 7,356 9,643 21,516

1,535 279 3,043 38 782 368 1,054 7,099 2,476 1,564 342 11,482 2,024 6,707 8,731 20,213

1,631 408 3,304 69 853 326 1,271 7,863 2,937 2,290 421 13,510 2,132 6,946 9,077 22,587

1,364 306 3,273 84 864 249 1,244 7,384 2,767 2,655 385 13,191 2,144 5,442 7,586 20,777

1,741 241 3,116 69 833 211 1,102 7,313 2,705 1,957 425 12,400 2,353 7,030 9,384 21,783

2,666 106 4,564 103 1,260 569 1,964 11,233 4,474 3,123 787 19,617 4,374 6,514 10,888 30,505

3,002 152 4,977 104 1,450 668 1,989 12,342 4,360 3,573 873 21,148 4,878 6,571 11,450 32,598

2,747 293 4,931 144 1,236 300 1,791 11,441 4,372 3,356 941 20,110 5,224 5,564 10,788 30,898

2,783 391 4,879 211 1,294 379 1,999 11,936 4,793 3,247 952 20,928 5,309 6,143 11,453 32,380

2,741 417 5,159 174 1,236 376 2,057 12,159 4,284 3,461 1,160 21,064 5,633 6,708 12,341 33,406

8,937

9,924

9,741

9,737

11,248

5,952

5,451

6,236

5,889

6,232

6,560

6,836

6,525

7,397

7,535

(percent of total assets)

(percent of total assets)

(percent of total assets)

13.1 27.1 21.1 65.5 28.5 13.9 37.5 24.3 63.9 36.1

13.2 27.6 21.5 67.0 27.3 13.7 37.7 23.4 63.0 37.0

13.9 28.5 19.8 66.1 27.8 12.9 36.0 23.4 60.9 39.1

13.6 26.7 20.2 64.0 28.3 11.8 34.5 26.4 62.4 37.6

14.8 28.0 20.2 66.1 27.4 11.0 33.5 25.6 60.4 39.6

12.5 25.3 21.6 62.5 31.2 14.9 34.9 18.7 55.2 44.8

11.0 26.1 21.5 62.1 31.7 14.7 35.1 20.0 56.8 43.2

10.0 26.7 22.0 62.4 30.8 14.2 34.8 23.1 59.8 40.2

9.0 27.9 23.2 63.9 30.6 13.4 35.5 26.1 63.5 36.5

9.7 24.8 23.9 62.2 30.8 13.9 33.6 21.4 56.9 43.1

7.7 23.0 23.6 58.3 32.8 15.1 36.8 24.9 64.3 35.7

7.7 23.4 23.9 58.8 33.5 16.2 37.9 24.3 64.9 35.1

7.7 23.1 23.1 58.1 34.4 14.8 37.0 25.0 65.1 34.9

9.2 24.2 21.8 59.7 33.0 15.0 36.9 24.8 64.6 35.4

8.2 23.7 22.7 59.0 33.8 14.3 36.4 23.2 63.1 36.9

77
U.S. Census Bureau

Table 20.0—Income Statement
For Corporations in NAICS Durable Manufacturing Subsectors, By Size of Total Assets
All Durable Manufacturing Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other nonoperating income (expense). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100.0 3.2 92.0 4.7 1.6 4.1 7.3 1.4 5.9 100.0 3.2 91.8 5.0 1.6 3.8 7.1 1.7 5.4 (percent) OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BALANCE SHEET RATIOS (based on succeeding table) Total current assets to total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities to total current liabilities . . . . . . . . . . . . . . . . . . Total stockholders’ equity to total debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.35 0.33 2.26 1.33 0.30 2.23 1.34 0.30 2.22 1.34 0.30 2.24 1.36 0.34 2.26 15.08 12.26 6.52 5.30 14.23 10.87 6.10 4.66 18.99 14.49 8.11 6.19 16.89 12.94 7.20 5.52 13.81 10.66 5.88 4.54 100.0 3.0 91.0 6.0 1.5 4.5 8.9 2.1 6.8 100.0 3.2 91.0 5.8 1.7 4.0 8.1 1.9 6.2 100.0 3.1 92.2 4.8 1.6 3.3 6.5 1.5 5.0 660,200 21,343 607,654 31,203 10,317 27,361 48,247 9,026 39,221 14,081 25,140 451,977 (9,563) 467,554 640,548 20,727 588,103 31,718 10,165 24,136 45,688 10,788 34,900 14,103 20,797 473,530 (21,119) 473,207 690,467 20,860 628,282 41,326 10,477 30,928 61,777 14,630 47,147 15,228 31,919 476,336 (5,599) 502,656 684,267 21,695 622,898 39,674 11,420 27,442 55,696 13,046 42,650 14,172 28,478 497,366 (3,997) 521,848 706,730 21,717 651,257 33,756 11,365 23,304 45,695 10,414 35,282 17,646 17,636 532,331 (9,275) 540,692 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

78
U.S. Census Bureau

All Durable Manufacturing Total Assets Under $5 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

All Durable Manufacturing Total Assets $5 Million to $10 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

All Durable Manufacturing Total Assets $10 Million to $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 45,035 1,227 42,895 913 423 (179) 310 138 172 1,273 (1,101) 14,404 (240) 13,063 43,962 1,020 39,685 3,257 352 (86) 2,819 254 2,565 1,724 841 15,205 (268) 15,778 46,770 1,060 41,520 4,190 395 (43) 3,753 277 3,476 1,770 1,706 14,504 (197) 16,013 45,669 1,065 41,068 3,536 409 37 3,164 318 2,846 1,478 1,368 16,428 (148) 17,648 48,146 1,138 45,711 1,297 399 (113) 785 215 570 1,391 (821) 19,299 (543) 17,935 17,773 445 17,030 298 217 (118) (37) 96 (133) 540 (673) 6,217 (124) 5,420

(million dollars) 16,578 434 15,184 961 198 31 793 110 683 443 240 4,291 (111) 4,421 19,468 444 17,485 1,539 207 (17) 1,315 141 1,174 721 453 5,280 27 5,760 19,373 422 17,535 1,417 202 11 1,225 149 1,076 461 615 2,191 261 3,067 18,461 470 17,411 580 202 (113) 265 95 170 608 (437) 3,038 (80) 2,521 20,838 553 19,589 697 235 (105) 357 136 221 477 (256) 6,854 101 6,699

(million dollars) 22,683 542 20,817 1,325 239 5 1,091 269 822 564 258 7,481 (3) 7,736 23,558 594 21,264 1,701 249 208 1,660 217 1,443 944 499 6,248 (197) 6,550 26,622 591 23,953 2,078 275 (4) 1,799 251 1,548 626 922 6,314 (45) 7,191 24,427 563 22,487 1,377 245 (35) 1,097 258 839 911 (72) 10,595 (133) 10,390

(percent of net sales) 100.0 2.7 95.2 2.0 0.9 (0.4) 0.7 0.3 0.4 100.0 2.3 90.3 7.4 0.8 (0.2) 6.4 0.6 5.8 (percent) 100.0 2.3 88.8 9.0 0.8 (0.1) 8.0 0.6 7.4 100.0 2.3 89.9 7.7 0.9 0.1 6.9 0.7 6.2 100.0 2.4 94.9 2.7 0.8 (0.2) 1.6 0.4 1.2 100.0 2.5 95.8 1.7 1.2 (0.7) (0.2) 0.5 (0.8)

(percent of net sales) 100.0 2.6 91.6 5.8 1.2 0.2 4.8 0.7 4.1 (percent) 100.0 2.3 89.8 7.9 1.1 (0.1) 6.8 0.7 6.0 100.0 2.2 90.5 7.3 1.0 0.1 6.3 0.8 5.6 100.0 2.5 94.3 3.1 1.1 (0.6) 1.4 0.5 0.9 100.0 2.7 94.0 3.3 1.1 (0.5) 1.7 0.7 1.1

(percent of net sales) 100.0 2.4 91.8 5.8 1.1 0.0 4.8 1.2 3.6 (percent) 100.0 2.5 90.3 7.2 1.1 0.9 7.0 0.9 6.1 100.0 2.2 90.0 7.8 1.0 0.0 6.8 0.9 5.8 100.0 2.3 92.1 5.6 1.0 (0.1) 4.5 1.1 3.4

4.84 2.69 1.68 0.93

40.87 37.19 15.36 13.98

49.85 46.18 20.00 18.52

41.25 37.10 17.02 15.31

9.97 7.25 4.16 3.02

(1.04) (3.76) (0.41) (1.49)

22.89 19.71 8.83 7.60

34.65 30.93 14.11 12.60

30.41 26.71 12.95 11.37

6.74 4.33 2.88 1.85

5.95 3.68 2.88 1.78

17.14 12.92 8.14 6.13

25.29 21.98 12.31 10.70

26.17 22.52 12.57 10.81

16.72 12.79 8.40 6.42

1.77 0.38 0.98

1.83 0.38 1.13

1.99 0.42 1.14

2.07 0.47 1.17

2.04 0.45 1.21

1.87 0.32 1.14

1.92 0.33 1.07

1.86 0.28 1.20

1.98 0.34 1.25

1.84 0.31 1.32

2.03 0.37 1.68

1.99 0.37 1.67

2.05 0.39 1.70

2.07 0.40 1.74

2.07 0.42 1.94

79
U.S. Census Bureau

Table 20.1—Balance Sheet
For Corporations in NAICS Durable Manufacturing Subsectors, By Size of Total Assets
All Durable Manufacturing Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in U.S. banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including marketable and government securities, commercial paper, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other short-term loans, including commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments. . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other long-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital (less treasury stock) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL Excess of total current assets over total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SELECTED BALANCE SHEET RATIOS Total cash, U.S. government and other securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Short-term debt, including installments on long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8.7 10.9 9.9 35.3 16.6 3.3 26.2 15.8 56.7 43.3 8.0 11.3 10.4 35.5 16.3 3.5 26.7 15.7 57.1 42.9 8.2 11.6 10.5 36.1 16.3 3.5 26.9 15.8 57.3 42.7 8.2 11.6 10.5 36.1 16.2 3.5 26.9 15.6 57.4 42.6 9.3 11.3 10.4 36.8 16.3 3.5 27.2 15.3 57.4 42.6 268,255 263,289 279,661 283,189 300,297 25,588 27,559 222,384 31,703 17,599 26,216 423,522 774,573 134,852 333,445 435,507 1,678,376 811,887 467,554 1,279,441 2,957,818 29,297 30,124 230,982 34,080 20,179 24,261 431,600 800,522 136,642 334,789 440,369 1,712,322 811,254 473,207 1,284,461 2,996,783 30,830 30,109 233,047 34,310 21,410 24,109 445,377 819,190 140,342 340,073 444,416 1,744,022 798,696 502,656 1,301,352 3,045,374 31,035 32,068 239,702 32,545 20,729 23,247 452,681 832,006 140,676 341,117 459,725 1,773,524 797,043 521,848 1,318,891 3,092,415 30,509 33,514 239,442 34,025 20,363 24,115 463,072 845,040 137,903 339,229 463,831 1,786,002 782,626 540,692 1,323,318 3,109,321 121,872 20,257 142,129 115,476 257,605 321,292 294,263 169,668 1,042,828 1,074,379 39,952 623,318 491,013 1,423,977 2,957,818 4Q 2004 1Q 2005 (million dollars) 111,337 19,408 130,744 109,363 240,107 339,832 311,247 172,624 1,063,810 1,085,257 40,226 635,560 489,924 1,443,049 2,996,783 117,136 19,685 136,821 111,414 248,235 352,660 318,904 179,052 1,098,851 1,098,805 40,673 644,192 495,286 1,451,237 3,045,374 120,541 19,330 139,871 112,782 252,653 359,404 324,172 178,965 1,115,195 1,113,164 41,286 653,816 500,633 1,476,587 3,092,415 135,662 23,309 158,971 129,303 288,274 352,249 324,746 180,069 1,145,337 1,117,483 41,783 653,566 505,700 1,458,283 3,109,321 2Q 2005 3Q 2005 4Q 2005

(percent of total assets)

80
U.S. Census Bureau

All Durable Manufacturing Total Assets Under $5 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

All Durable Manufacturing Total Assets $5 Million to $10 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

All Durable Manufacturing Total Assets $10 Million to $25 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 8,921 734 9,655 1,273 10,928 19,996 16,161 3,400 50,484 67,391 935 48,998 19,329 3,958 73,771 8,708 749 9,457 1,177 10,634 20,644 16,622 3,217 51,117 67,471 907 50,055 18,323 3,950 73,389 9,161 820 9,981 1,243 11,225 21,144 17,254 3,173 52,795 67,363 1,035 49,715 18,683 3,583 75,061 9,666 1,019 10,684 1,186 11,871 20,990 16,576 3,180 52,618 66,997 1,061 49,635 18,422 3,302 74,342 9,369 1,162 10,531 1,107 11,638 20,953 17,133 2,922 52,645 67,819 1,206 49,997 19,028 3,830 75,504 3,089 516 3,605 670 4,275 9,513 9,531 1,308 24,627 24,504 445 15,927 9,022 2,295 35,944

(million dollars) 3,020 476 3,496 646 4,142 9,073 9,636 1,460 24,312 24,429 511 15,677 9,263 2,365 35,940 2,793 402 3,195 608 3,802 10,159 9,945 1,304 25,211 25,683 534 16,348 9,869 2,198 37,278 3,357 262 3,619 734 4,353 10,364 9,696 1,241 25,653 24,712 539 15,583 9,668 2,540 37,861 3,068 346 3,414 728 4,142 9,204 9,805 1,258 24,410 25,223 537 16,072 9,687 2,730 36,827 3,935 410 4,346 1,519 5,865 11,705 12,395 1,954 31,918 31,942 783 19,982 12,744 4,918 49,580

(million dollars) 4,472 386 4,858 1,748 6,606 13,511 13,148 1,811 35,076 33,809 775 21,420 13,164 5,358 53,598 4,734 385 5,119 1,583 6,701 13,515 13,031 1,830 35,078 35,277 726 22,211 13,792 5,069 53,939 4,934 712 5,646 1,692 7,338 14,434 13,743 2,476 37,991 35,725 814 22,464 14,074 5,205 57,270 4,763 419 5,182 1,801 6,982 13,335 11,908 1,875 34,101 34,092 748 21,536 13,304 4,867 52,271

4,305 1,519 11,161 277 2,370 1,407 7,528 28,568 8,026 8,657 2,892 48,143 12,565 13,063 25,628 73,771

4,095 1,209 11,148 254 2,416 1,575 7,240 27,938 7,490 7,655 2,715 45,799 11,812 15,778 27,590 73,389

4,076 1,428 10,977 316 2,671 1,578 5,543 26,588 8,241 8,433 1,687 44,949 14,099 16,013 30,112 75,061

4,195 1,345 10,047 268 2,755 1,435 5,325 25,369 7,763 8,801 1,726 43,659 13,035 17,648 30,683 74,342

4,165 1,267 10,555 319 2,472 1,204 5,768 25,751 8,120 8,732 1,432 44,034 13,535 17,935 31,469 75,504

2,399 373 5,775 85 1,342 524 2,689 13,188 4,387 3,463 693 21,731 8,794 5,420 14,213 35,944

2,230 422 5,581 115 1,238 416 2,645 12,648 4,367 4,344 717 22,075 9,444 4,421 13,865 35,940

2,650 547 5,624 116 1,150 488 2,967 13,542 4,264 3,514 779 22,099 9,419 5,760 15,179 37,278

2,782 592 5,274 157 1,052 457 2,663 12,978 4,493 3,492 780 21,743 13,050 3,067 16,117 37,861

2,679 403 5,151 133 1,284 442 3,152 13,244 3,793 3,329 733 21,100 13,206 2,521 15,727 36,827

3,104 862 6,123 199 1,449 492 3,507 15,737 5,136 3,259 1,416 25,549 17,332 6,699 24,031 49,580

3,763 840 6,984 262 1,386 468 3,965 17,668 5,458 3,327 1,686 28,139 17,723 7,736 25,459 53,598

3,795 717 6,487 301 1,432 472 3,915 17,119 5,279 3,733 1,550 27,681 19,709 6,550 26,259 53,939

3,819 370 7,407 266 1,517 613 4,396 18,389 5,791 3,707 1,879 29,766 20,314 7,191 27,505 57,270

3,134 464 6,175 348 1,235 488 4,592 16,435 5,066 3,161 1,358 26,021 15,860 10,390 26,250 52,271

21,916

23,179

26,207

27,248

26,894

11,439

11,664

11,669

12,675

11,166

16,182

17,409

17,960

19,602

17,665

(percent of total assets)

(percent of total assets)

(percent of total assets)

14.8 27.1 21.9 68.4 26.2 13.0 38.7 22.6 65.3 34.7

14.5 28.1 22.6 69.7 25.0 12.7 38.1 20.6 62.4 37.6

15.0 28.2 23.0 70.3 24.9 13.0 35.4 22.2 59.9 40.1

16.0 28.2 22.3 70.8 24.8 13.1 34.1 22.3 58.7 41.3

15.4 27.8 22.7 69.7 25.2 12.1 34.1 22.3 58.3 41.7

11.9 26.5 26.5 68.5 25.1 12.9 36.7 21.8 60.5 39.5

11.5 25.2 26.8 67.6 25.8 12.0 35.2 24.2 61.4 38.6

10.2 27.3 26.7 67.6 26.5 13.0 36.3 20.9 59.3 40.7

11.5 27.4 25.6 67.8 25.5 12.9 34.3 21.1 57.4 42.6

11.2 25.0 26.6 66.3 26.3 13.1 36.0 19.3 57.3 42.7

11.8 23.6 25.0 64.4 25.7 11.9 31.7 16.9 51.5 48.5

12.3 25.2 24.5 65.4 24.6 12.0 33.0 16.4 52.5 47.5

12.4 25.1 24.2 65.0 25.6 11.9 31.7 16.7 51.3 48.7

12.8 25.2 24.0 66.3 24.6 11.0 32.1 16.6 52.0 48.0

13.4 25.5 22.8 65.2 25.5 10.2 31.4 15.7 49.8 50.2

81
U.S. Census Bureau

Table 21.0—Income Statement
For Corporations in NAICS Manufacturing Subsector 311, Total Assets $25 Million and Over
Food Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24.28 17.46 8.84 6.36 23.36 16.65 8.74 6.23 22.95 17.40 8.65 6.56 26.50 17.84 9.83 6.62 22.89 17.72 8.52 6.60 100.0 2.3 90.9 6.8 1.7 0.1 0.2 (0.2) 1.7 6.9 1.9 4.9 100.0 2.4 91.2 6.3 1.8 0.2 0.3 0.0 1.9 7.0 2.0 5.0 (percent) 100.0 2.3 91.3 6.3 1.8 0.1 0.5 (0.4) 2.2 6.9 1.7 5.3 100.0 2.3 90.9 6.7 1.8 0.3 0.6 0.5 1.6 7.9 2.6 5.3 100.0 2.3 91.2 6.5 1.8 0.3 0.4 (0.5) 1.6 6.5 1.5 5.0 97,018 2,239 88,178 6,601 1,648 117 167 (200) 1,638 6,674 1,712 163 4,800 (1) 0 4,799 1,893 2,906 92,687 (839) 94,754 93,905 2,295 85,655 5,955 1,664 162 328 9 1,777 6,567 1,683 203 4,680 (6) 0 4,674 1,658 3,016 95,026 (235) 97,806 93,862 2,201 85,740 5,921 1,724 91 505 (351) 2,070 6,513 1,422 152 4,939 (1) (48) 4,890 2,504 2,386 98,910 (436) 100,861 95,922 2,238 87,211 6,472 1,767 301 548 478 1,565 7,597 2,347 135 5,115 0 0 5,115 1,953 3,162 99,658 (216) 102,604 101,961 2,326 92,969 6,665 1,847 276 432 (483) 1,587 6,630 1,356 141 5,133 0 0 5,133 1,857 3,277 104,859 (419) 107,716 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

82
U.S. Census Bureau

Table 21.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsector 311, Total Assets $25 Million and Over
Food Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . . 3,099 8,504 2,487 0 24,022 1,708 167 2,676 1,934 5,857 19,536 69,990 25,833 19,372 36,351 40,522 192,069 40,514 94,754 918 (1,018) 25,197 109,970 302,039 17,693 3,682 8,066 2,173 0 22,758 2,202 226 2,030 2,111 6,073 18,754 68,076 25,183 19,292 35,984 39,602 188,136 40,684 97,806 414 (827) 25,632 112,445 300,581 17,530 3,321 8,007 2,608 0 22,788 2,092 289 1,949 3,423 6,891 18,889 70,256 24,742 17,930 34,809 39,867 187,605 40,143 100,861 (405) (974) 26,116 113,509 301,114 13,909 3,260 9,132 2,884 0 25,510 2,632 306 2,030 3,311 6,908 19,866 75,838 24,845 17,673 35,242 40,728 194,326 41,509 102,604 (429) (1,019) 28,004 114,660 308,986 13,879 3,461 10,236 1,210 0 26,282 2,268 223 1,842 1,960 6,460 21,089 75,032 25,678 17,277 35,517 41,876 195,380 39,669 107,716 (855) (1,321) 29,318 115,892 311,272 20,019 5,033 577 342 5,953 192 350 463 409 4 2,131 9,503 189 29,504 29,693 37,971 10,516 87,683 143,177 3,996 73,917 73,256 202 140,899 302,039 4Q 2004 1Q 2005 (million dollars) 4,746 670 694 6,109 408 374 204 466 4 1,680 9,246 142 27,881 28,023 37,991 10,346 85,606 144,713 4,021 76,497 72,236 367 142,372 300,581 4,567 609 914 6,089 496 434 155 347 4 2,024 9,549 110 27,687 27,797 36,702 10,117 84,165 143,404 4,558 75,936 72,025 408 144,515 301,114 4,025 705 876 5,607 710 898 611 409 4 1,937 10,177 114 30,132 30,247 38,236 11,057 89,717 144,630 4,596 76,842 72,384 654 146,231 308,986 4,314 751 490 5,555 1,184 839 773 596 2 5,809 14,758 202 30,455 30,657 38,598 11,036 95,051 147,839 4,950 79,348 73,441 773 142,007 311,272 2Q 2005 3Q 2005 4Q 2005

83
U.S. Census Bureau

Table 22.0—Income Statement
For Corporations in NAICS Manufacturing Subsector 312, Total Assets $25 Million and Over
Beverage and Tobacco Products Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29.63 23.49 10.75 8.52 26.09 19.02 10.03 7.32 38.09 31.29 14.62 12.01 38.29 27.42 15.15 10.85 29.89 24.28 12.18 9.90 100.0 2.9 82.2 14.8 3.4 0.2 0.5 0.4 6.3 18.8 3.9 14.9 100.0 3.3 79.4 17.2 3.0 0.2 0.0 0.0 3.5 17.8 4.8 13.0 (percent) 100.0 3.0 79.9 17.1 3.0 0.2 0.8 (0.7) 9.7 24.0 4.3 19.7 100.0 3.2 80.3 16.4 3.0 0.5 1.1 0.0 9.9 25.1 7.1 18.0 100.0 2.7 81.8 15.4 3.0 0.1 0.5 0.4 7.0 20.4 3.8 16.6 33,036 973 27,159 4,904 1,140 55 162 144 2,093 6,219 1,119 171 4,929 0 0 4,929 3,001 1,928 106,761 (50) 108,639 32,122 1,070 25,519 5,532 974 54 (16) 9 1,125 5,731 1,351 202 4,178 0 0 4,178 2,873 1,305 109,806 (429) 110,682 35,730 1,070 28,556 6,104 1,083 62 284 (240) 3,458 8,585 1,290 243 7,052 0 0 7,052 2,871 4,181 110,244 (402) 114,023 35,894 1,160 28,835 5,899 1,068 195 408 13 3,564 9,012 2,355 203 6,454 0 0 6,454 3,119 3,335 114,168 (326) 117,177 35,442 974 29,006 5,461 1,069 33 176 137 2,490 7,228 1,131 225 5,871 57 (3) 5,925 3,224 2,701 116,537 (528) 118,709 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

84
U.S. Census Bureau

Table 22.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsector 312, Total Assets $25 Million and Over
Beverage and Tobacco Products Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . . 2,076 5,821 117 0 9,138 1,974 718 2,479 367 1,952 24,433 49,075 13,339 24,093 24,723 36,128 147,359 39,534 108,639 (2,757) (896) 60,575 83,945 231,304 (3,750) 2,529 8,411 146 0 7,866 1,466 542 2,573 366 2,158 17,882 43,939 14,417 24,016 25,054 33,172 140,598 41,308 110,682 (1,885) (959) 61,273 87,872 228,470 148 1,885 6,957 149 0 10,759 2,722 530 2,740 1,455 1,614 18,933 47,746 15,754 23,126 25,370 32,720 144,716 42,328 114,023 (2,768) (1,219) 62,215 90,150 234,866 (2,016) 1,836 3,825 76 0 12,451 2,977 506 1,927 1,436 1,708 22,121 48,863 15,960 22,874 23,489 32,658 143,844 44,405 117,177 (3,172) (1,502) 62,753 94,155 237,999 2,010 2,093 2,928 375 0 12,238 2,726 457 1,793 3,132 1,838 22,072 49,652 15,095 20,567 22,402 32,834 140,550 45,529 118,709 (3,100) (1,691) 62,718 96,730 237,280 2,298 3,703 2,187 30 5,920 0 683 360 0 0 1,207 8,169 6 10,870 10,876 15,021 11,259 45,326 73,339 2,542 36,924 38,957 0 147,022 231,304 4Q 2004 1Q 2005 (million dollars) 3,215 1,841 27 5,082 0 579 342 0 0 785 6,788 5 11,368 11,373 14,980 10,946 44,087 73,818 2,590 37,495 38,913 0 145,470 228,470 3,484 2,778 32 6,294 0 859 468 0 0 1,276 8,897 6 12,198 12,203 14,990 9,638 45,729 74,793 2,639 38,457 38,975 0 150,162 234,866 4,114 6,403 36 10,554 0 171 1,106 0 0 1,829 13,659 4 11,645 11,649 15,246 10,319 50,873 75,567 2,481 39,294 38,753 0 148,373 237,999 5,225 6,473 33 11,732 0 55 1,135 0 0 2,328 15,249 4 10,577 10,582 15,473 10,646 51,950 75,464 2,543 39,506 38,502 0 146,829 237,280 2Q 2005 3Q 2005 4Q 2005

85
U.S. Census Bureau

Table 23.0—Income Statement
For Corporations in NAICS Manufacturing Subsectors 313 and 314, Total Assets $25 Million and Over
Textile Mills and Textile Product Mills Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.30 4.30 2.42 1.96 11.09 9.09 5.00 4.10 13.93 9.93 6.42 4.58 18.44 14.59 8.78 6.95 8.48 7.10 4.76 3.98 100.0 3.8 92.9 3.3 1.7 0.0 (0.1) 0.9 (0.7) 1.8 0.3 1.5 100.0 3.7 91.1 5.3 1.6 0.0 (0.1) (0.2) 0.5 3.9 0.7 3.2 (percent) 100.0 3.2 90.3 6.5 1.5 0.0 (0.2) (0.5) 0.3 4.6 1.3 3.3 100.0 3.3 89.7 7.0 1.5 0.0 0.0 0.2 0.4 6.2 1.3 4.9 100.0 3.4 90.9 5.7 1.4 0.0 0.7 (0.5) (0.7) 3.7 0.6 3.1 9,229 348 8,575 306 160 0 (5) 87 (60) 168 28 4 136 0 0 136 63 73 7,942 124 8,139 8,765 320 7,981 464 139 0 (5) (22) 42 341 54 7 279 (3) 0 276 142 134 7,657 19 7,810 9,238 298 8,340 599 141 1 (17) (45) 30 428 116 7 305 0 0 305 209 96 8,037 (59) 8,074 9,726 317 8,726 683 141 0 3 21 40 606 121 5 479 0 0 479 251 228 8,189 24 8,442 9,099 307 8,274 518 127 0 61 (49) (67) 335 42 12 280 0 0 280 71 209 10,066 (96) 10,179 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

86
U.S. Census Bureau

Table 23.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsectors 313 and 314, Total Assets $25 Million and Over
Textile Mills and Textile Product Mills Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . . 662 0 84 0 2,288 100 (6) 482 159 642 1,976 6,387 3,443 594 2,383 2,319 15,126 5,702 8,139 28 (51) 1,142 12,676 27,802 5,480 604 1 83 0 2,274 136 (8) 458 159 671 1,999 6,377 3,257 1,174 2,064 2,080 14,953 5,585 7,810 (5) (112) 991 12,287 27,239 5,804 616 1 118 0 2,305 160 (7) 275 8 631 2,037 6,143 3,061 1,178 2,023 1,971 14,376 5,419 8,074 (42) (173) 976 12,301 26,678 5,709 480 1 128 0 2,286 128 (8) 284 9 628 2,284 6,220 3,143 1,154 2,015 1,909 14,440 5,876 8,442 (19) (167) 991 13,141 27,581 6,110 156 1 110 0 2,089 93 16 228 7 61 2,231 4,993 2,755 1,139 1,677 1,785 12,350 6,542 10,179 (81) (161) 672 15,807 28,158 6,813 507 52 0 559 244 0 51 407 6 78 1,346 60 3,751 3,811 5,603 1,107 11,867 22,140 269 14,100 8,309 405 7,221 27,802 4Q 2004 1Q 2005 (million dollars) 433 11 0 444 195 0 49 466 3 252 1,409 82 3,974 4,056 5,776 941 12,181 21,319 251 13,740 7,829 393 6,836 27,239 567 69 1 637 222 0 11 448 0 190 1,508 75 3,847 3,922 5,468 954 11,852 20,734 241 13,174 7,801 336 6,689 26,678 481 54 1 536 365 0 15 464 0 179 1,560 71 4,114 4,185 5,515 1,070 12,330 20,895 243 13,154 7,985 291 6,976 27,581 689 48 1 739 423 0 15 452 0 220 1,849 59 3,558 3,617 5,280 1,060 11,806 20,355 245 12,446 8,155 221 7,976 28,158 2Q 2005 3Q 2005 4Q 2005

87
U.S. Census Bureau

Table 24.0—Income Statement
For Corporations in NAICS Manufacturing Subsectors 315 and 316, Total Assets $25 Million and Over
Apparel and Leather Products Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27.73 18.68 14.26 9.60 26.86 18.49 13.77 9.48 25.30 18.37 13.20 9.58 32.97 23.80 17.18 12.40 27.27 17.88 14.68 9.63 100.0 1.8 88.0 10.2 1.4 0.0 0.8 (0.5) 1.6 10.7 3.5 7.2 100.0 2.0 88.9 9.0 1.5 0.2 0.6 (0.1) 2.8 11.0 3.4 7.6 (percent) 100.0 2.0 88.5 9.4 1.5 0.1 0.8 0.0 2.1 10.9 3.0 7.9 100.0 1.9 87.3 10.8 1.4 0.0 0.7 (0.4) 3.4 13.0 3.6 9.4 100.0 2.0 88.9 9.1 1.4 0.0 0.9 (0.1) 2.9 11.3 3.9 7.4 17,057 314 15,011 1,731 241 1 144 (78) 273 1,830 517 80 1,233 0 (2) 1,231 442 789 18,356 58 19,202 16,541 334 14,710 1,497 255 27 100 (12) 471 1,828 501 68 1,258 0 0 1,258 398 861 19,239 (872) 19,228 16,673 334 14,764 1,575 257 14 132 1 349 1,815 442 56 1,318 0 0 1,318 352 966 20,250 (131) 21,086 18,255 352 15,940 1,964 258 1 122 (78) 622 2,373 592 68 1,713 0 0 1,713 364 1,349 19,825 (396) 20,778 17,757 354 15,784 1,619 257 1 161 (24) 507 2,007 620 71 1,316 0 0 1,316 335 981 20,136 (423) 20,693 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

88
U.S. Census Bureau

Table 24.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsectors 315 and 316, Total Assets $25 Million and Over
Apparel and Leather Products Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . . 668 40 150 0 4,235 472 (52) 342 139 419 4,641 11,052 3,574 4,049 2,427 3,851 24,954 12,370 19,202 41 (1,364) 3,849 26,400 51,354 13,770 861 40 208 0 4,130 674 (85) 200 139 453 4,800 11,421 3,641 3,698 2,969 4,130 25,859 13,074 19,228 (88) (1,356) 3,637 27,221 53,080 14,740 871 0 395 0 4,276 594 (23) 139 361 362 5,103 12,078 3,617 4,529 1,895 4,182 26,301 13,060 21,086 (15) (1,374) 4,057 28,700 55,001 15,016 1,389 0 357 0 4,349 783 (44) 367 232 410 4,705 12,548 3,298 4,565 1,875 4,182 26,468 13,456 20,778 31 (1,357) 4,119 28,789 55,257 14,602 971 0 407 0 4,072 571 (104) 470 229 403 4,678 11,697 3,301 4,251 1,777 4,227 25,253 14,350 20,693 90 (1,382) 4,312 29,439 54,692 14,869 3,485 0 69 3,554 294 223 226 0 0 532 4,830 120 7,823 7,943 9,748 2,301 24,823 15,176 364 8,959 6,580 0 19,951 51,354 4Q 2004 1Q 2005 (million dollars) 3,239 0 85 3,324 346 176 181 0 0 347 4,375 127 8,650 8,777 10,379 2,629 26,160 15,474 365 9,217 6,623 0 20,297 53,080 3,593 0 116 3,709 328 364 68 0 0 329 4,798 192 8,086 8,278 11,249 2,769 27,094 15,379 429 8,988 6,820 64 21,022 55,001 2,907 0 159 3,066 214 385 29 0 0 406 4,102 193 9,076 9,269 11,311 2,468 27,150 15,587 350 9,123 6,814 75 21,219 55,257 2,966 0 180 3,146 454 141 160 0 0 822 4,724 184 8,223 8,407 11,336 2,098 26,565 15,822 345 9,408 6,759 91 21,276 54,692 2Q 2005 3Q 2005 4Q 2005

89
U.S. Census Bureau

Table 25.0—Income Statement
For Corporations in NAICS Manufacturing Subsector 322, Total Assets $25 Million and Over
Paper Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.63 2.40 0.55 0.81 9.95 7.81 3.40 2.67 13.89 9.68 4.78 3.33 18.10 12.56 6.30 4.37 3.17 3.05 1.09 1.05 100.0 6.2 89.6 4.2 3.6 0.0 0.6 (1.4) 0.8 0.7 (0.3) 1.0 100.0 5.2 88.4 6.4 3.1 0.2 0.1 (0.2) 0.8 4.2 0.9 3.3 (percent) 100.0 4.8 84.6 10.6 2.6 1.0 (0.5) 0.0 (2.7) 5.8 1.7 4.0 100.0 5.2 86.0 8.8 2.5 0.1 (0.1) 0.6 0.5 7.4 2.3 5.1 100.0 5.3 89.6 5.1 2.7 1.2 (0.3) (1.3) (0.8) 1.3 0.0 1.2 34,138 2,123 30,583 1,432 1,241 13 216 (468) 282 233 (144) 35 343 0 0 343 967 (624) 27,531 (62) 26,846 34,321 1,779 30,332 2,210 1,061 55 24 (52) 267 1,442 267 43 1,132 0 0 1,132 714 418 26,825 1,830 29,072 34,630 1,662 29,295 3,673 910 363 (178) (3) (952) 1,993 542 61 1,389 2 0 1,391 793 599 28,818 (17) 29,400 34,747 1,818 29,876 3,053 874 51 (20) 200 166 2,575 695 94 1,786 1 0 1,787 790 997 29,908 275 31,181 34,737 1,828 31,136 1,774 936 417 (105) (443) (267) 439 23 (7) 423 0 0 423 742 (319) 31,504 15 31,200 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

90
U.S. Census Bureau

Table 25.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsector 322, Total Assets $25 Million and Over
Paper Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . . 657 526 1,189 12 8,583 419 271 699 841 814 10,373 24,384 17,558 34,693 9,511 26,115 112,260 39,753 26,846 (566) (1,785) 7,038 57,209 169,469 10,528 845 824 1,265 12 8,544 668 224 661 1,087 772 10,005 24,908 18,155 33,631 9,203 25,559 111,455 40,518 29,072 (470) (3,854) 7,311 57,956 169,411 9,246 724 515 992 0 8,560 945 256 787 1,016 1,130 10,157 25,083 17,754 32,198 9,020 25,426 109,481 39,790 29,400 (554) (3,752) 7,509 57,375 166,856 10,462 585 729 922 0 8,405 538 278 744 1,501 689 10,385 24,776 17,991 30,563 8,976 24,382 106,688 38,064 31,181 (867) (3,464) 8,007 56,907 163,595 10,876 613 726 1,131 0 9,189 545 226 764 1,731 533 10,192 25,648 17,401 28,353 9,315 24,499 105,216 37,943 31,200 (927) (4,177) 8,588 55,450 160,667 11,436 1,340 1,008 10 2,359 0 0 983 82 0 725 4,148 5 12,330 12,334 12,741 5,689 34,913 130,668 9,990 67,912 72,747 0 61,809 169,469 4Q 2004 1Q 2005 (million dollars) 1,123 239 10 1,372 0 4 371 80 0 480 2,308 4 13,137 13,142 13,237 5,467 34,153 130,128 9,915 68,683 71,360 0 63,898 169,411 1,035 790 9 1,833 0 0 590 94 0 1,447 3,965 5 13,376 13,381 12,899 5,300 35,545 127,768 9,464 68,304 68,927 0 62,383 166,856 1,245 703 9 1,956 0 0 822 112 0 1,220 4,109 5 13,220 13,225 12,813 5,504 35,651 129,540 9,452 70,501 68,491 0 59,453 163,595 1,654 1,366 14 3,034 0 0 693 91 0 813 4,630 8 13,082 13,090 12,903 6,461 37,084 130,620 9,434 71,537 68,516 0 55,067 160,667 2Q 2005 3Q 2005 4Q 2005

91
U.S. Census Bureau

Table 26.0—Income Statement
For Corporations in NAICS Manufacturing Subsector 323, Total Assets $25 Million and Over
Printing and Related Support Activities Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19.82 16.44 5.67 4.71 12.89 8.02 3.56 2.21 19.19 15.51 5.15 4.16 18.18 13.43 4.88 3.60 20.73 17.15 5.79 4.79 100.0 4.2 87.3 8.4 2.6 0.0 (0.8) (0.6) 0.2 4.7 0.8 3.9 100.0 4.4 87.7 7.9 2.7 0.0 (0.3) (0.7) (1.0) 3.2 1.2 2.0 (percent) 100.0 4.5 87.0 8.5 2.9 0.0 (0.8) (0.4) 0.3 4.8 0.9 3.9 100.0 4.4 87.1 8.4 2.9 0.0 (0.5) (0.5) (0.1) 4.4 1.2 3.3 100.0 4.4 86.6 9.0 2.8 0.0 (1.5) (0.4) 0.8 5.1 0.9 4.2 9,133 386 7,976 770 234 0 (74) (55) 21 429 74 0 356 0 0 356 91 265 3,108 38 3,411 8,663 385 7,597 682 233 0 (28) (58) (88) 275 97 7 171 0 0 171 191 (19) 3,366 55 3,401 8,587 383 7,470 734 249 0 (66) (31) 22 410 73 6 332 0 0 332 88 243 3,367 (65) 3,545 8,911 392 7,766 753 261 0 (46) (41) (13) 392 98 5 290 0 0 290 101 190 3,485 178 3,852 8,870 388 7,685 798 251 0 (136) (38) 75 449 65 12 371 0 0 371 142 229 4,096 (129) 4,195 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

92
U.S. Census Bureau

Table 26.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsector 323, Total Assets $25 Million and Over
Printing and Related Support Activities Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . . 158 264 158 0 2,539 228 11 344 41 111 4,945 8,800 3,383 2,723 3,587 3,087 21,581 6,971 3,411 (64) (77) 1,583 8,658 30,239 832 269 259 173 0 2,312 273 10 341 43 96 4,284 8,060 3,762 2,729 4,085 3,716 22,352 7,095 3,401 (68) (90) 1,811 8,528 30,879 1,180 255 291 107 0 2,091 77 5 323 41 93 4,553 7,836 4,232 2,730 4,645 3,886 23,329 6,941 3,545 (97) (12) 1,823 8,554 31,883 717 370 229 107 0 2,289 28 4 274 81 110 4,696 8,188 3,668 2,838 5,239 3,600 23,533 6,728 3,852 (94) 30 1,882 8,634 32,167 768 350 212 114 0 2,049 77 9 351 68 111 4,630 7,971 3,537 2,904 4,830 3,080 22,324 6,381 4,195 (102) 54 1,873 8,656 30,980 673 1,106 42 0 1,148 0 0 0 44 0 31 1,223 4 5,569 5,573 2,025 811 9,633 21,040 265 12,480 8,825 0 11,781 30,239 4Q 2004 1Q 2005 (million dollars) 718 5 0 723 0 0 0 29 0 169 920 1 5,350 5,351 2,099 870 9,240 21,299 266 12,718 8,847 0 12,792 30,879 715 4 0 719 0 0 0 8 0 141 869 27 4,765 4,792 2,117 776 8,553 21,832 297 13,054 9,076 0 14,255 31,883 755 10 0 765 0 67 0 1 0 139 972 28 5,029 5,057 2,160 767 8,956 22,027 299 13,172 9,155 0 14,057 32,167 843 15 0 858 0 72 2 14 0 146 1,092 27 4,841 4,868 1,977 708 8,645 22,261 296 13,328 9,228 0 13,107 30,980 2Q 2005 3Q 2005 4Q 2005

93
U.S. Census Bureau

Table 27.0—Income Statement
For Corporations in NAICS Manufacturing Subsector 324, Total Assets $25 Million and Over
Petroleum and Coal Products Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37.81 30.66 18.37 14.89 36.62 28.99 17.33 13.72 37.51 29.67 18.08 14.30 38.23 30.14 17.54 13.83 39.26 31.88 19.02 15.44 100.0 2.4 89.7 7.9 0.6 0.4 (0.5) 0.3 5.8 13.2 2.5 10.7 100.0 2.3 90.4 7.4 0.6 0.0 (0.7) 0.0 6.7 12.8 2.7 10.1 (percent) 100.0 1.8 90.7 7.4 0.6 0.1 (0.4) 0.2 4.9 11.6 2.4 9.2 100.0 1.5 92.3 6.2 0.5 0.2 (0.1) 0.0 5.0 10.7 2.3 8.4 100.0 1.6 92.1 6.3 0.5 0.3 (0.1) 0.0 5.9 11.9 2.2 9.7 207,009 4,991 185,735 16,284 1,226 737 (1,090) 619 11,945 27,268 4,183 977 22,108 0 0 22,108 7,664 14,444 223,559 182 238,186 207,063 4,663 187,146 15,254 1,249 36 (1,405) 54 13,804 26,495 4,821 698 20,976 0 0 20,976 13,691 7,285 238,183 166 245,634 246,601 4,522 223,739 18,340 1,458 130 (975) 555 12,020 28,614 5,309 674 22,631 0 0 22,631 3,790 18,841 245,679 398 264,918 290,034 4,474 267,657 17,903 1,523 440 (372) 99 14,489 31,034 5,808 761 24,466 0 0 24,466 14,240 10,226 263,286 670 274,182 271,314 4,292 249,826 17,196 1,369 834 (275) (6) 15,891 32,271 5,054 1,014 26,204 0 68 26,271 11,260 15,011 274,549 4,315 293,875 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

94
U.S. Census Bureau

Table 27.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsector 324, Total Assets $25 Million and Over
Petroleum and Coal Products Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . . 120 1,619 785 0 49,115 4,754 852 381 1,880 3,391 31,589 94,486 2,799 40,070 50,078 117,879 305,312 93,551 238,186 4,808 (44) 48,031 288,470 593,782 32,748 184 1,557 1,110 0 50,480 6,365 1,314 339 1,632 3,258 36,381 102,620 2,793 40,561 50,434 125,632 322,040 94,042 245,634 2,814 (1,172) 51,925 289,393 611,433 28,616 202 1,492 2,118 0 58,098 3,934 796 317 1,808 3,169 40,200 112,135 2,716 40,230 52,852 119,939 327,872 95,395 264,918 2,102 (511) 56,764 305,141 633,013 31,990 213 872 1,888 0 62,973 2,943 834 630 3,009 2,812 80,295 156,469 2,614 41,204 50,357 132,485 383,130 108,459 274,182 2,414 2,675 63,058 324,673 707,803 28,218 226 433 2,844 0 60,873 1,043 814 327 2,027 2,877 58,108 129,571 2,552 35,666 47,593 134,578 349,959 105,814 293,875 1,800 (2,358) 70,332 328,800 678,759 27,258 10,493 2,078 10,018 22,589 5 76 0 198 0 13,526 36,394 87 55,386 55,473 19,420 15,947 127,234 329,221 31,503 178,281 182,443 38 284,067 593,782 4Q 2004 1Q 2005 (million dollars) 10,597 2,237 10,506 23,340 2 455 177 170 0 14,417 38,562 74 52,930 53,004 22,040 17,631 131,236 338,903 31,139 182,346 187,696 56 292,445 611,433 10,863 2,795 9,790 23,448 4 916 130 155 0 13,672 38,325 96 59,178 59,274 25,033 21,492 144,125 340,841 30,758 182,747 188,852 39 299,999 633,013 6,091 2,944 9,418 18,452 0 185 139 0 0 33,604 52,379 105 63,462 63,566 26,392 42,349 184,687 353,174 31,409 183,831 200,752 15 322,348 707,803 6,291 1,676 9,699 17,665 0 280 445 0 0 26,255 44,646 80 57,445 57,524 24,481 30,177 156,829 343,467 30,850 178,230 196,087 2 325,842 678,759 2Q 2005 3Q 2005 4Q 2005

95
U.S. Census Bureau

Table 28.0—Income Statement
For Corporations in NAICS Manufacturing Subsector 325, Total Assets $25 Million and Over
Chemicals Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17.57 13.87 6.96 5.50 28.02 22.66 11.38 9.20 23.56 18.15 9.65 7.43 27.20 21.12 11.23 8.71 26.85 20.91 11.25 8.77 100.0 3.7 90.5 5.8 2.7 0.9 1.5 0.8 5.6 11.8 2.5 9.4 100.0 3.7 85.4 10.9 2.7 0.9 2.8 (0.3) 7.4 18.9 3.6 15.3 (percent) 100.0 3.6 86.8 9.6 2.6 1.1 0.7 (0.4) 7.5 15.8 3.6 12.2 100.0 3.8 88.5 7.7 2.9 2.9 4.3 0.0 7.0 19.0 4.2 14.7 100.0 3.9 90.1 6.0 2.7 4.3 4.6 0.2 6.3 18.7 4.1 14.6 144,055 5,364 130,368 8,323 3,911 1,226 2,124 1,182 8,119 17,063 3,057 536 13,469 7 0 13,477 10,608 2,868 243,851 (3,353) 243,366 149,396 5,526 127,611 16,259 4,027 1,309 4,136 (471) 11,104 28,310 4,804 616 22,890 0 0 22,890 9,713 13,177 243,720 (5,646) 251,251 153,061 5,572 132,825 14,665 4,031 1,666 1,067 (615) 11,442 24,194 5,070 488 18,636 0 0 18,636 9,562 9,074 249,977 (2,626) 256,426 148,912 5,705 131,731 11,476 4,274 4,252 6,454 (73) 10,449 28,284 5,634 693 21,957 0 0 21,957 8,767 13,190 253,222 (1,647) 264,765 150,327 5,856 135,460 9,010 4,100 6,441 6,919 360 9,525 28,155 5,410 815 21,930 1 (40) 21,891 8,406 13,485 261,831 (3,086) 272,230 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

96
U.S. Census Bureau

Table 28.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsector 325, Total Assets $25 Million and Over
Chemicals Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . . 6,363 22,736 12,949 13 41,230 12,610 1,997 1,938 9,759 9,173 106,513 225,280 31,451 84,582 76,192 174,325 591,829 295,833 243,366 3,368 (19,660) 134,359 388,547 980,377 (5,309) 7,211 23,576 13,198 10 40,622 14,117 2,599 3,030 7,598 8,878 101,928 222,767 31,657 82,424 78,257 175,553 590,658 304,026 251,251 1,815 (18,330) 134,671 404,090 994,748 13,048 5,443 23,037 13,053 15 41,696 13,440 3,469 2,466 6,592 9,718 105,537 224,466 31,312 81,672 79,618 175,590 592,658 308,559 256,426 (364) (18,077) 135,824 410,720 1,003,378 14,641 5,631 26,162 13,480 10 40,632 13,971 1,877 2,577 7,768 8,492 108,376 228,977 30,369 74,819 79,131 178,616 591,913 311,719 264,765 (312) (17,740) 142,542 415,888 1,007,801 23,632 2,742 21,385 13,130 10 43,734 15,036 1,891 2,307 8,629 10,332 108,878 228,073 30,527 75,498 76,459 170,610 581,167 309,474 272,230 (1,246) (17,552) 143,415 419,492 1,000,659 31,555 23,426 4,160 253 27,839 320 2,764 4,823 1,261 376 7,067 44,451 105 68,113 68,218 62,988 44,314 219,971 353,159 7,910 186,538 174,530 2,087 583,788 980,377 4Q 2004 1Q 2005 (million dollars) 23,970 8,291 2,340 34,601 324 2,331 5,329 1,141 370 6,777 50,874 94 73,538 73,632 66,215 45,094 235,815 356,372 7,988 189,727 174,633 1,306 582,994 994,748 25,346 6,879 2,397 34,622 397 2,153 6,193 706 417 6,679 51,168 114 74,826 74,941 64,978 48,021 239,107 356,292 8,014 190,337 173,969 1,444 588,858 1,003,378 38,329 6,397 2,302 47,028 338 2,150 6,948 820 426 6,409 64,119 123 72,757 72,880 65,673 49,937 252,609 357,550 8,111 192,512 173,150 1,107 580,935 1,007,801 41,291 12,102 2,186 55,579 416 2,689 6,850 724 583 5,559 72,400 139 71,324 71,464 66,260 49,503 259,627 361,647 8,503 194,102 176,048 1,291 563,692 1,000,659 2Q 2005 3Q 2005 4Q 2005

97
U.S. Census Bureau

Table 29.0—Income Statement
For Corporations in NAICS Manufacturing Industry Groups 3251 and 3252, Total Assets $25 Million and Over
Basic Chemicals, Resins, and Synthetics1 Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

2Q 2005

3Q 2005

4Q 2005

43,757 2,004 41,409 344 1,654 151 131 (511) 2,190 652 (254) (24) 931 5 0 936 1,112 (176) 27,874 (173) 27,525

49,236 2,096 43,240 3,899 1,697 298 (796) (82) 3,393 5,015 1,282 146 3,587 0 0 3,587 1,158 2,429 28,120 (434) 30,114

50,277 2,142 44,258 3,877 1,711 604 (1,337) (165) 3,826 5,095 1,526 127 3,441 0 0 3,441 1,213 2,228 29,712 102 32,041

47,718 2,118 43,514 2,086 1,760 556 (560) (353) 2,476 2,444 790 35 1,620 0 0 1,620 1,382 238 30,127 (227) 30,137

48,533 2,191 44,392 1,950 1,585 2,604 1,944 1,158 1,380 7,450 2,092 104 5,254 1 (3) 5,251 1,457 3,795 30,875 (2,364) 32,305

(percent of net sales) 100.0 4.6 94.6 0.8 3.8 0.3 0.3 (1.2) 5.0 1.5 (0.6) 2.1 100.0 4.3 87.8 7.9 3.4 0.6 (1.6) (0.2) 6.9 10.2 2.9 7.3 (percent) 100.0 4.3 88.0 7.7 3.4 1.2 (2.7) (0.3) 7.6 10.1 3.3 6.8 100.0 4.4 91.2 4.4 3.7 1.2 (1.2) (0.7) 5.2 5.1 1.7 3.4 100.0 4.5 91.5 4.0 3.3 5.4 4.0 2.4 2.8 15.4 4.5 10.8

4.19 5.99 1.03 1.47

30.19 21.59 7.72 5.52

28.65 19.35 7.73 5.22

13.62 9.02 3.71 2.46

40.77 28.75 11.81 8.33

Included in Chemicals.

98
U.S. Census Bureau

Table 29.1—Balance Sheet
For Corporations in NAICS Manufacturing Industry Groups 3251 and 3252, Total Assets $25 Million and Over
Basic Chemicals, Resins, and Synthetics1 Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . .
1

4Q 2004

1Q 2005 (million dollars)

2Q 2005

3Q 2005

4Q 2005

4,425 1,040 88 5,553 0 325 125 44 0 1,596 7,643 84 23,609 23,693 21,801 12,636 65,773 162,870 3,410 97,133 69,148 8 118,485 253,413

4,202 1,199 517 5,919 0 389 50 29 0 1,242 7,630 71 26,154 26,225 22,853 12,184 68,892 163,846 3,392 98,609 68,629 9 122,370 259,900

4,172 422 515 5,108 0 615 44 21 0 1,292 7,081 86 25,945 26,031 22,681 12,397 68,189 163,034 3,421 98,172 68,284 11 127,112 263,596

5,407 338 387 6,133 0 785 28 11 0 238 7,195 95 24,986 25,082 22,837 12,837 67,950 163,091 3,457 98,752 67,797 2 127,666 263,414

6,361 2,195 377 8,934 0 1,066 0 8 0 539 10,546 96 24,144 24,240 23,257 12,382 70,424 164,188 3,411 99,522 68,077 2 113,843 252,346

1,759 803 3,061 13 16,513 2,689 378 871 1,041 2,806 29,346 59,279 13,013 24,824 25,419 68,691 191,226 57,963 27,525 (1,688) (5,674) 15,939 62,187 253,413 6,494

1,789 4,238 2,877 10 16,898 2,736 373 1,182 1,918 3,170 27,431 62,623 12,491 23,393 26,339 68,598 193,443 58,730 30,114 (2,064) (4,643) 15,680 66,457 259,900 6,270

1,385 4,292 2,770 15 16,726 3,289 434 1,241 1,627 3,328 28,056 63,163 12,489 22,811 24,741 69,265 192,469 61,881 32,041 (2,457) (4,149) 16,190 71,127 263,596 5,027

1,321 4,925 2,558 10 16,794 3,148 462 1,254 1,619 2,148 29,087 63,327 12,390 20,636 25,109 70,154 191,616 63,618 30,137 (2,431) (3,973) 15,553 71,798 263,414 4,623

1,384 218 2,306 10 18,058 4,752 464 931 1,609 3,037 27,739 60,508 12,389 20,086 23,185 63,077 179,245 63,192 32,305 (2,756) (4,087) 15,553 73,101 252,346 9,917

Included in Chemicals.

99
U.S. Census Bureau

Table 30.0—Income Statement
For Corporations in NAICS Manufacturing Industry Group 3254, Total Assets $25 Million and Over
Pharmaceuticals and Medicines1 Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

2Q 2005

3Q 2005

4Q 2005

63,889 1,963 56,548 5,378 1,030 185 2,085 (2,390) 4,025 8,252 2,636 476 5,140 0 0 5,140 7,232 (2,092) 139,184 (2,058) 135,034

62,726 2,084 52,002 8,639 1,130 249 4,915 (106) 6,391 18,957 2,418 363 16,176 0 0 16,176 6,190 9,986 134,650 (3,580) 141,055

61,801 2,106 53,003 6,692 1,039 81 2,406 (161) 5,968 13,947 2,358 300 11,289 0 0 11,289 6,638 4,651 140,031 (1,003) 143,680

62,377 2,203 54,434 5,740 1,251 2,216 6,971 959 5,416 20,051 2,449 425 17,178 0 0 17,178 5,681 11,497 142,757 (1,424) 152,829

63,549 2,189 56,566 4,794 1,202 2,249 4,759 (912) 5,442 15,130 2,828 518 11,784 0 0 11,784 5,146 6,638 151,283 (389) 157,532

(percent of net sales) 100.0 3.1 88.5 8.4 1.6 0.3 3.3 (3.7) 6.3 12.9 4.9 8.0 100.0 3.3 82.9 13.8 1.8 0.4 7.8 (0.2) 10.2 30.2 4.4 25.8 (percent) 100.0 3.4 85.8 10.8 1.7 0.1 3.9 (0.3) 9.7 22.6 4.3 18.3 100.0 3.5 87.3 9.2 2.0 3.6 11.2 1.5 8.7 32.1 4.6 27.5 100.0 3.4 89.0 7.5 1.9 3.5 7.5 (1.4) 8.6 23.8 5.3 18.5

13.77 8.58 6.67 4.15

30.10 25.68 15.13 12.91

22.00 17.81 11.08 8.97

30.52 26.14 15.60 13.37

22.82 17.77 11.65 9.07

Included in Chemicals.

100
U.S. Census Bureau

Table 30.1—Balance Sheet
For Corporations in NAICS Manufacturing Industry Group 3254, Total Assets $25 Million and Over
Pharmaceuticals and Medicines1 Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . .
1

4Q 2004

1Q 2005 (million dollars)

2Q 2005

3Q 2005

4Q 2005

15,587 2,569 13 18,170 320 2,439 4,165 585 376 3,257 29,312 12 27,165 27,177 25,038 21,836 103,362 113,261 2,850 46,665 69,446 2,079 320,091 494,979

16,692 6,554 1,799 25,045 324 1,942 4,790 513 370 4,003 36,987 12 28,351 28,363 26,365 22,809 114,524 114,809 2,896 47,612 70,093 1,297 315,193 501,107

18,271 6,040 1,831 26,142 397 1,529 5,816 559 417 4,099 38,960 14 28,306 28,320 25,630 23,975 116,884 114,399 2,878 48,018 69,260 1,433 315,807 503,383

29,128 5,736 1,894 36,758 338 1,366 6,778 592 426 3,813 50,071 13 28,901 28,914 26,007 24,716 129,709 115,979 2,918 49,300 69,597 1,105 313,636 514,047

30,701 9,519 1,782 42,002 408 1,623 6,322 442 583 3,541 54,921 28 28,872 28,899 25,699 26,152 135,671 118,877 3,253 49,822 72,309 1,289 310,330 519,599

2,208 13,739 2,603 0 13,065 6,192 826 189 5,591 3,137 59,749 107,299 6,262 36,210 29,791 75,697 255,259 181,502 135,034 6,660 (10,886) 72,589 239,720 494,979 (3,937)

2,967 10,915 3,015 0 12,179 7,650 963 409 2,445 2,540 56,665 99,747 6,394 35,949 30,726 76,338 249,154 188,093 141,055 6,272 (10,832) 72,635 251,953 501,107 14,777

1,672 10,907 2,700 0 12,542 6,367 867 365 2,291 2,884 58,920 99,514 6,143 35,396 32,527 76,218 249,798 188,581 143,680 5,245 (10,983) 72,937 253,585 503,383 17,370

2,560 11,403 2,585 0 12,067 6,593 916 336 5,393 2,477 59,762 104,092 6,357 31,077 32,409 77,285 251,220 189,896 152,829 5,094 (10,916) 74,075 262,827 514,047 25,617

806 11,491 2,463 0 13,484 6,581 1,013 430 6,262 3,571 61,008 107,108 6,876 32,179 31,355 76,826 254,345 187,616 157,532 4,658 (10,447) 74,104 265,254 519,599 28,562

Included in Chemicals.

101
U.S. Census Bureau

Table 31.0—Income Statement
For Corporations in NAICS Manufacturing Industry Groups 3253, 3255, 3256, and 3259, Total Assets $25 Million and Over
All Other Chemicals1 Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

2Q 2005

3Q 2005

4Q 2005

36,409 1,397 32,411 2,601 1,227 891 (92) 4,083 1,903 8,159 675 84 7,399 2 0 7,401 2,265 5,136 76,794 (1,123) 80,806

37,435 1,345 32,368 3,721 1,200 762 17 (282) 1,321 4,339 1,104 108 3,127 0 0 3,127 2,364 762 80,950 (1,631) 80,081

40,983 1,324 35,563 4,096 1,281 982 (3) (288) 1,647 5,153 1,186 61 3,906 0 0 3,906 1,711 2,195 80,235 (1,725) 80,705

38,818 1,384 33,784 3,650 1,264 1,481 43 (679) 2,557 5,788 2,395 233 3,160 0 0 3,160 1,704 1,455 80,338 5 81,798

38,244 1,476 34,502 2,265 1,313 1,589 216 114 2,703 5,574 489 192 4,893 0 (37) 4,856 1,804 3,052 79,673 (333) 82,393

(percent of net sales) 100.0 3.8 89.0 7.1 3.4 2.4 (0.3) 11.2 5.2 22.4 2.1 20.3 100.0 3.6 86.5 9.9 3.2 2.0 0.0 (0.8) 3.5 11.6 3.2 8.4 (percent) 100.0 3.2 86.8 10.0 3.1 2.4 0.0 (0.7) 4.0 12.6 3.0 9.5 100.0 3.6 87.0 9.4 3.3 3.8 0.1 (1.7) 6.6 14.9 6.8 8.1 100.0 3.9 90.2 5.9 3.4 4.2 0.6 0.3 7.1 14.6 1.8 12.8

37.67 34.16 14.07 12.76

20.25 14.60 7.42 5.35

23.96 18.17 8.72 6.61

28.49 15.55 10.05 5.49

27.48 24.12 9.75 8.56

Included in Chemicals.

102
U.S. Census Bureau

Table 31.1—Balance Sheet
For Corporations in NAICS Manufacturing Industry Groups 3253, 3255, 3256, and 3259, Total Assets $25 Million and Over
All Other Chemicals1 Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . .
1

4Q 2004

1Q 2005 (million dollars)

2Q 2005

3Q 2005

4Q 2005

3,414 552 151 4,117 0 0 533 632 0 2,214 7,496 10 17,339 17,349 16,149 9,842 50,836 77,027 1,650 42,740 35,937 0 145,212 231,985

3,076 538 24 3,637 0 0 489 599 0 1,532 6,256 11 19,033 19,045 16,996 10,101 52,398 77,717 1,700 43,506 35,911 0 145,432 233,741

2,903 418 50 3,372 0 9 332 126 0 1,289 5,127 15 20,575 20,590 16,668 11,649 54,034 78,858 1,715 44,147 36,425 0 145,939 236,399

3,793 323 20 4,136 0 0 142 217 0 2,358 6,853 15 18,869 18,884 16,830 12,384 54,950 78,481 1,736 44,460 35,756 0 139,633 230,340

4,229 388 26 4,643 8 0 528 274 0 1,479 6,933 16 18,309 18,325 17,305 10,969 53,532 78,582 1,839 44,758 35,663 0 139,519 228,714

2,396 8,194 7,286 0 11,652 3,729 793 877 3,127 3,230 17,418 58,703 12,175 23,547 20,982 29,938 145,345 56,368 80,806 (1,604) (3,099) 45,832 86,640 231,985 (7,867)

2,455 8,424 7,306 0 11,545 3,731 1,263 1,439 3,234 3,168 17,832 60,397 12,772 23,083 21,192 30,617 148,061 57,203 80,081 (2,393) (2,855) 46,356 85,680 233,741 (7,999)

2,386 7,838 7,582 0 12,428 3,784 2,168 861 2,674 3,506 18,561 61,789 12,680 23,464 22,351 30,107 150,390 58,098 80,705 (3,152) (2,946) 46,697 86,008 236,399 (7,755)

1,750 9,835 8,337 0 11,771 4,230 499 987 755 3,867 19,526 61,558 11,623 23,106 21,612 31,177 149,077 58,205 81,798 (2,975) (2,851) 52,914 81,263 230,340 (6,608)

552 9,676 8,361 0 12,192 3,703 413 945 758 3,724 20,131 60,456 11,262 23,232 21,920 30,707 147,578 58,666 82,393 (3,148) (3,017) 53,757 81,136 228,714 (6,924)

Included in Chemicals.

103
U.S. Census Bureau

Table 32.0—Income Statement
For Corporations in NAICS Manufacturing Subsector 326, Total Assets $25 Million and Over
Plastics and Rubber Products Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12.53 11.98 3.06 2.92 10.39 8.91 2.48 2.12 16.65 13.56 4.00 3.26 18.12 19.02 4.88 5.12 14.39 10.21 3.80 2.69 100.0 4.0 91.3 4.7 2.5 0.0 0.5 (0.4) 0.6 3.0 0.1 2.8 100.0 3.7 92.0 4.3 2.5 0.0 0.3 (0.3) 0.7 2.5 0.4 2.1 (percent) 100.0 3.6 91.1 5.2 2.4 0.0 0.5 (0.2) 0.6 3.7 0.7 3.0 100.0 3.5 90.3 6.1 2.6 0.1 1.1 (0.5) 0.5 4.6 (0.2) 4.9 100.0 3.5 91.5 5.0 2.4 0.6 0.6 (0.9) 0.6 3.5 1.0 2.5 28,438 1,131 25,956 1,351 721 6 156 (127) 178 841 15 21 805 (1) 3 807 367 440 8,861 929 10,230 27,926 1,043 25,679 1,205 698 10 81 (87) 186 696 76 23 597 8 0 605 223 382 9,632 (41) 9,972 (percent of net sales) 30,417 1,102 27,721 1,594 732 10 147 (65) 169 1,122 177 31 914 5 (2) 917 301 616 10,936 1 11,552 30,302 1,074 27,368 1,859 801 18 322 (157) 163 1,406 (69) (1) 1,476 0 1 1,477 416 1,061 12,065 (228) 12,898 30,649 1,070 28,047 1,532 744 178 182 (265) 178 1,061 269 40 752 0 0 752 295 457 12,757 (388) 12,826 2Q 2005 3Q 2005 4Q 2005

104
U.S. Census Bureau

Table 32.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsector 326, Total Assets $25 Million and Over
Plastic and Rubber Products Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . . 1,330 302 200 103 8,843 368 95 1,532 946 930 9,791 24,440 18,978 9,559 9,426 20,800 83,203 23,960 10,230 (940) (3,444) 2,940 26,866 110,069 15,820 1,761 302 182 103 9,012 454 127 2,410 1,140 944 9,409 25,843 19,386 9,373 9,588 21,452 85,643 24,332 9,972 (1,050) (3,391) 3,053 26,810 112,453 15,746 1,615 75 91 107 9,254 340 32 2,282 373 1,432 9,721 25,322 19,167 9,508 9,635 21,541 85,173 23,398 11,552 (1,285) (3,428) 3,275 26,962 112,136 16,305 1,521 65 90 118 8,992 348 53 2,013 338 874 10,293 24,706 18,697 10,192 10,016 20,620 84,232 25,918 12,898 (1,094) (3,344) 3,352 31,026 115,257 17,232 1,256 35 44 57 9,248 420 49 1,991 424 605 10,021 24,150 18,107 9,998 9,635 20,357 82,247 25,940 12,826 (1,129) (4,767) 3,397 29,474 111,721 17,813 5,206 8 138 5,352 17 1 419 94 0 312 6,194 83 13,453 13,536 14,040 6,489 40,260 65,685 1,112 37,962 28,836 0 40,973 110,069 4Q 2004 1Q 2005 (million dollars) 4,326 12 119 4,457 8 1 322 94 0 468 5,350 104 14,016 14,119 15,582 6,538 41,589 68,559 1,068 40,512 29,114 0 41,750 112,453 3,623 16 156 3,794 0 1 349 75 0 408 4,627 108 14,662 14,770 15,724 6,506 41,627 69,168 1,098 40,967 29,299 0 41,209 112,136 4,106 15 162 4,283 0 1 353 74 0 407 5,117 91 15,011 15,102 15,368 6,351 41,938 68,226 1,088 40,200 29,114 0 44,204 115,257 4,465 12 225 4,701 0 4 370 70 0 489 5,633 133 14,833 14,966 15,148 6,216 41,963 67,646 1,120 40,165 28,600 0 41,158 111,721 2Q 2005 3Q 2005 4Q 2005

105
U.S. Census Bureau

Table 33.0—Income Statement
For Corporations in NAICS Manufacturing Subsector 321, Total Assets $25 Million and Over
Wood Products Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18.79 14.04 6.83 5.11 21.45 15.24 7.94 5.64 23.85 14.80 8.14 5.05 19.59 12.36 6.38 4.02 21.44 16.17 6.66 5.02 100.0 3.1 88.9 8.0 2.5 0.0 0.7 0.3 0.1 6.6 1.7 5.0 100.0 3.3 87.3 9.4 2.4 0.0 0.6 0.0 0.1 7.7 2.2 5.5 (percent) 100.0 2.8 89.1 8.1 2.2 0.0 1.2 0.2 0.0 7.4 2.8 4.6 100.0 2.7 89.1 8.2 2.9 0.0 0.3 0.0 0.2 5.8 2.1 3.7 100.0 2.8 91.4 5.9 3.2 0.0 0.5 3.2 (0.1) 6.2 1.5 4.7 10,206 315 9,078 813 254 4 76 34 6 679 159 12 507 0 0 507 216 292 11,110 (57) 11,344 10,665 353 9,309 1,003 252 4 64 0 6 825 214 25 586 0 0 586 128 458 12,135 (178) 12,414 12,620 350 11,244 1,026 277 4 158 22 3 936 316 39 581 0 0 581 296 285 12,649 (50) 12,883 12,240 330 10,906 1,004 354 4 35 (4) 26 711 239 24 448 0 0 448 165 284 11,905 (107) 12,082 12,126 335 11,081 710 386 5 56 385 (13) 757 174 12 571 0 0 571 1,028 (457) 12,175 175 11,892 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

106
U.S. Census Bureau

Table 33.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsector 321, Total Assets $25 Million and Over
Wood Products Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . . 618 0 97 0 2,254 183 18 227 26 338 2,714 6,475 3,189 1,795 2,544 11,276 25,279 3,641 11,344 63 193 793 14,450 39,729 13,435 1,046 0 101 0 2,218 215 43 398 12 336 2,390 6,758 3,514 1,744 2,645 11,494 26,156 3,630 12,414 40 75 782 15,377 41,533 14,073 809 0 115 0 2,729 263 22 448 20 491 2,462 7,359 3,186 1,773 5,173 12,814 30,305 3,434 12,883 34 153 811 15,694 45,999 17,087 619 0 125 0 2,765 199 21 302 22 174 2,572 6,798 3,072 1,626 5,718 12,858 30,073 3,224 12,082 56 109 954 14,517 44,590 17,505 628 0 66 0 2,803 209 27 662 21 389 2,795 7,600 2,878 1,788 6,045 13,013 31,324 3,228 11,892 48 4 1,051 14,122 45,445 17,955 1,705 66 12 1,783 5 221 8,711 8 4 577 11,310 0 2,674 2,674 4,437 1,489 19,910 16,800 6,124 10,385 12,539 0 7,280 39,729 4Q 2004 1Q 2005 (million dollars) 1,364 110 13 1,486 2 185 8,988 11 4 486 11,164 0 3,217 3,217 5,002 1,449 20,831 18,650 6,242 11,680 13,211 27 7,463 41,533 1,603 107 13 1,723 2 206 10,338 9 4 448 12,730 0 4,237 4,237 5,676 1,802 24,446 23,987 6,258 16,196 14,049 23 7,481 45,999 1,187 101 10 1,298 2 259 10,368 4 4 461 12,396 0 4,322 4,322 5,669 1,916 24,303 23,817 6,162 16,567 13,412 24 6,851 44,590 1,825 106 9 1,941 3 272 11,087 18 4 624 13,948 0 3,918 3,918 5,768 1,920 25,555 24,181 6,204 16,784 13,602 23 6,266 45,445 2Q 2005 3Q 2005 4Q 2005

107
U.S. Census Bureau

Table 34.0—Income Statement
For Corporations in NAICS Manufacturing Subsector 327, Total Assets $25 Million and Over
Nonmetallic Mineral Products Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15.28 10.08 4.91 3.24 (44.36) (48.68) (12.59) (13.81) 34.89 23.59 10.06 6.80 28.59 20.36 8.82 6.28 (12.84) (1.57) (3.70) (0.45) 100.0 5.5 85.8 8.7 2.7 0.1 1.0 (2.0) 1.4 6.5 2.2 4.3 100.0 5.8 88.8 5.4 2.9 0.1 0.7 (23.2) 1.5 (18.3) 1.8 (20.1) (percent) 100.0 4.5 83.2 12.2 2.4 0.1 (0.6) 0.6 1.8 11.7 3.8 7.9 100.0 4.3 82.6 13.1 4.2 0.0 0.6 (0.7) 0.7 9.6 2.8 6.8 100.0 5.0 85.1 9.8 3.4 0.1 0.5 (12.2) 0.7 (4.5) (4.0) (0.6) 20,156 1,102 17,293 1,761 541 11 211 (411) 280 1,313 388 58 866 (4) 0 863 489 374 (947) (128) (701) 18,535 1,066 16,462 1,007 534 17 136 (4,296) 281 (3,388) 314 16 (3,718) 36 0 (3,682) 310 (3,992) (626) (191) (4,809) 24,210 1,100 20,148 2,963 583 22 (150) 141 442 2,835 813 105 1,918 1 0 1,919 328 1,591 (5,323) (27) (3,759) 27,388 1,189 22,610 3,589 1,139 12 169 (195) 199 2,634 707 51 1,876 1 0 1,877 239 1,637 (1,881) (805) (1,049) 24,669 1,243 20,999 2,427 831 13 125 (3,021) 166 (1,122) (556) (428) (137) (1) 0 (138) 1,051 (1,189) (2,129) (321) (3,639) 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

108
U.S. Census Bureau

Table 34.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsector 327, Total Assets $25 Million and Over
Nonmetallic Mineral Products Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . . 832 74 526 0 6,538 783 91 480 513 986 9,501 20,324 8,418 7,834 13,708 22,263 72,547 34,441 (701) 1,267 330 978 34,360 106,907 5,585 1,053 156 544 0 6,209 880 72 477 507 1,214 9,298 20,409 8,818 7,829 13,502 26,550 77,109 35,087 (4,809) 1,129 134 990 30,550 107,659 6,530 900 165 555 0 6,969 1,333 83 406 197 1,288 10,888 22,785 9,714 7,171 13,463 27,130 80,263 36,276 (3,759) 866 118 992 32,509 112,772 7,790 739 155 423 0 7,546 1,437 103 461 192 1,031 10,941 23,026 10,220 7,480 13,418 28,402 82,546 37,232 (1,049) 911 832 1,076 36,850 119,396 11,127 590 212 718 0 7,452 1,195 75 633 241 1,140 13,054 25,310 9,907 7,210 13,037 31,031 86,494 38,358 (3,639) 844 443 1,068 34,937 121,432 8,190 4,179 722 10 4,911 57 4 8 38 0 599 5,618 1 9,500 9,502 7,872 2,917 25,908 66,292 8,870 33,028 42,133 0 38,865 106,907 4Q 2004 1Q 2005 (million dollars) 3,669 681 11 4,361 41 4 11 68 0 583 5,068 1 9,947 9,948 8,785 3,140 26,940 67,451 9,136 33,990 42,597 0 38,122 107,659 4,316 1,170 23 5,510 65 1 11 67 0 596 6,251 1 12,287 12,288 8,922 3,113 30,574 69,190 9,539 34,948 43,782 2 38,414 112,772 4,985 1,217 24 6,225 116 2 290 51 0 711 7,396 78 13,461 13,539 9,079 4,139 34,153 73,603 9,830 37,676 45,757 40 39,446 119,396 6,218 1,563 30 7,812 107 0 134 54 0 786 8,893 101 11,557 11,659 9,078 3,869 33,499 75,196 10,183 37,896 47,483 83 40,366 121,432 2Q 2005 3Q 2005 4Q 2005

109
U.S. Census Bureau

Table 35.0—Income Statement
For Corporations in NAICS Manufacturing Subsector 331, Total Assets $25 Million and Over
Primary Metals Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25.19 22.55 10.46 9.36 29.49 21.41 12.43 9.03 30.83 22.61 13.04 9.56 20.59 16.24 8.88 7.01 20.73 16.83 8.86 7.19 100.0 3.0 88.6 8.4 1.6 0.3 (0.1) (0.6) 3.1 9.5 1.0 8.5 100.0 2.9 86.8 10.3 1.4 0.1 0.3 0.1 1.7 11.1 3.0 8.1 (percent) 100.0 2.9 87.3 9.8 1.4 0.1 1.1 (0.2) 2.1 11.6 3.1 8.5 100.0 3.0 88.9 8.2 1.4 0.0 0.5 (0.3) 1.2 8.2 1.7 6.5 100.0 2.9 88.6 8.5 1.4 0.1 0.6 (0.7) 1.0 8.1 1.5 6.6 42,055 1,264 37,278 3,513 654 124 (58) (232) 1,305 3,999 329 91 3,580 0 10 3,590 659 2,930 26,593 (813) 28,710 44,886 1,311 38,943 4,632 636 41 141 44 759 4,981 1,242 123 3,616 0 0 3,616 446 3,170 29,630 (1,246) 31,554 46,619 1,350 40,692 4,577 654 67 513 (90) 992 5,405 1,332 110 3,964 0 0 3,964 766 3,198 31,149 (131) 34,216 45,123 1,333 40,098 3,692 616 16 212 (127) 530 3,708 758 25 2,925 0 0 2,925 771 2,155 33,503 (103) 35,555 46,808 1,337 41,490 3,981 635 40 260 (312) 480 3,814 646 72 3,096 0 20 3,115 935 2,180 36,145 3 38,328 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

110
U.S. Census Bureau

Table 35.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsector 331, Total Assets $25 Million and Over
Primary Metals Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . . 1,425 123 426 0 12,438 534 350 1,038 513 2,157 10,906 29,910 6,448 14,350 10,759 27,941 89,409 41,729 28,710 509 (2,416) 5,028 63,504 152,914 23,363 1,665 133 476 0 14,464 1,519 279 833 525 1,988 11,126 33,007 6,946 13,807 11,064 27,852 92,677 43,157 31,554 417 (2,451) 5,121 67,556 160,233 26,928 2,715 118 342 0 13,054 1,521 232 1,200 560 1,962 12,039 33,741 7,568 13,914 12,326 28,158 95,707 44,248 34,216 (151) (2,590) 5,587 70,136 165,843 26,992 2,301 1,347 395 0 13,037 1,244 273 1,257 472 1,738 13,041 35,104 7,013 13,747 11,361 27,749 94,974 44,353 35,555 (129) (2,182) 5,550 72,047 167,020 25,169 2,308 1,018 962 0 13,826 1,206 308 1,270 474 755 13,187 35,313 6,914 14,059 11,257 31,061 98,604 45,159 38,328 (348) (3,692) 5,874 73,573 172,176 26,132 3,356 1,207 282 4,844 791 152 1,124 0 0 1,208 8,119 29 17,892 17,921 22,039 5,194 53,273 99,865 4,757 54,548 50,074 14 49,552 152,914 4Q 2004 1Q 2005 (million dollars) 3,339 1,304 195 4,838 1,177 127 1,277 16 0 1,033 8,468 27 22,848 22,875 23,524 5,068 59,935 101,816 4,795 56,595 50,015 44 50,238 160,233 3,628 1,897 224 5,749 1,061 24 2,140 17 0 868 9,858 24 21,254 21,278 24,561 5,034 60,733 105,651 4,726 57,658 52,719 59 52,332 165,843 3,838 592 1,128 5,559 1,597 64 1,574 51 1 1,076 9,923 27 21,339 21,366 23,155 5,830 60,273 105,028 4,716 57,358 52,386 140 54,221 167,020 4,006 750 1,289 6,045 1,784 73 1,382 25 1 1,207 10,517 23 21,025 21,048 23,752 6,128 61,445 107,545 4,944 58,512 53,977 143 56,611 172,176 2Q 2005 3Q 2005 4Q 2005

111
U.S. Census Bureau

Table 36.0—Income Statement
For Corporations in NAICS Manufacturing Industry Groups 3311 and 3312, Total Assets $25 Million and Over
Iron, Steel, and Ferroalloys1 Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

2Q 2005

3Q 2005

4Q 2005

23,190 608 19,928 2,655 289 14 26 (341) 347 2,411 115 50 2,245 0 21 2,266 330 1,936 6,884 (6) 8,814

24,578 617 20,975 2,985 256 12 77 (6) 290 3,102 836 94 2,172 0 0 2,172 196 1,976 8,942 (206) 10,712

24,601 616 21,474 2,510 295 12 21 (39) 173 2,382 607 76 1,698 0 0 1,698 301 1,398 9,335 (101) 10,632

22,561 590 20,108 1,863 269 11 100 (7) 115 1,812 434 (3) 1,381 0 0 1,381 146 1,235 9,558 (57) 10,736

23,386 593 20,615 2,177 289 36 195 (85) 203 2,236 516 52 1,668 0 20 1,688 309 1,379 11,010 (227) 12,163

(percent of net sales) 100.0 2.6 85.9 11.4 1.2 0.1 0.1 (1.5) 1.5 10.4 0.7 9.7 100.0 2.5 85.3 12.1 1.0 0.0 0.3 0.0 1.2 12.6 3.8 8.8 (percent) 100.0 2.5 87.3 10.2 1.2 0.0 0.1 (0.2) 0.7 9.7 2.8 6.9 100.0 2.6 89.1 8.3 1.2 0.1 0.4 0.0 0.5 8.0 1.9 6.1 100.0 2.5 88.2 9.3 1.2 0.2 0.8 (0.4) 0.9 9.6 2.4 7.1

40.03 37.28 15.11 14.07

46.13 32.30 18.52 12.97

34.35 24.49 13.59 9.69

25.55 19.47 10.49 7.99

31.64 23.60 12.43 9.27

Included in Primary Metals.

112
U.S. Census Bureau

Table 36.1—Balance Sheet
For Corporations in NAICS Manufacturing Industry Groups 3311 and 3312, Total Assets $25 Million and Over
Iron, Steel, and Ferroalloys1 Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . .
1

4Q 2004

1Q 2005 (million dollars)

2Q 2005

3Q 2005

4Q 2005

2,172 889 162 3,223 703 152 453 0 0 498 5,030 0 9,106 9,106 13,213 2,130 29,478 46,379 1,050 24,012 23,417 0 10,917 63,812

2,392 1,030 154 3,576 1,084 127 466 16 0 469 5,739 0 10,408 10,408 14,073 2,102 32,322 47,472 1,041 24,897 23,615 0 11,062 66,999

2,416 1,108 160 3,684 967 24 371 16 0 445 5,506 0 10,519 10,519 14,737 2,232 32,995 50,565 1,140 25,202 26,503 0 10,597 70,095

2,622 303 1,102 4,027 1,503 64 174 51 1 539 6,359 0 10,180 10,180 13,469 2,336 32,345 49,388 1,110 24,645 25,853 0 10,886 69,083

2,602 423 1,158 4,183 1,686 63 258 25 1 803 7,018 0 9,839 9,839 13,771 2,342 32,970 50,175 1,164 25,070 26,270 0 12,720 71,960

474 0 151 0 6,829 250 179 327 385 236 4,641 13,472 2,569 4,259 6,707 12,712 39,719 17,467 8,814 4 (1,155) 1,037 24,092 63,812 16,006

594 0 179 0 7,011 430 63 363 402 258 5,057 14,357 2,780 3,789 6,958 12,220 40,104 18,349 10,712 45 (1,115) 1,096 26,895 66,999 17,965

530 0 101 0 6,929 336 45 381 409 421 5,313 14,466 2,970 3,820 8,670 12,433 42,359 19,729 10,632 14 (1,129) 1,511 27,736 70,095 18,529

472 0 32 0 6,658 217 82 482 357 460 5,778 14,537 2,576 3,910 7,653 12,041 40,716 20,055 10,736 9 (900) 1,531 28,368 69,083 17,807

440 0 17 0 6,954 354 79 574 359 362 5,716 14,855 2,745 4,066 7,453 14,569 43,687 20,242 12,163 (30) (2,377) 1,726 28,272 71,960 18,115

Included in Primary Metals.

113
U.S. Census Bureau

Table 37.0—Income Statement
For Corporations in NAICS Manufacturing Industry Groups 3313 and 3314, Total Assets $25 Million and Over
Nonferrous Metals1 Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

2Q 2005

3Q 2005

4Q 2005

15,363 556 13,925 881 308 109 (90) 125 936 1,653 210 26 1,417 0 0 1,417 328 1,089 17,476 (783) 17,782

16,370 576 14,471 1,323 307 29 69 32 450 1,595 361 26 1,207 0 0 1,207 193 1,014 18,201 (1,002) 18,213

17,519 608 15,298 1,613 275 53 508 (96) 801 2,604 639 31 1,935 0 0 1,935 368 1,567 18,940 61 20,567

18,196 625 16,048 1,523 279 3 82 (107) 406 1,629 261 25 1,342 0 0 1,342 558 785 20,438 (118) 21,105

19,125 628 17,042 1,455 276 3 44 (223) 268 1,271 80 17 1,174 0 0 1,174 601 573 21,267 262 22,102

(percent of net sales) 100.0 3.6 90.6 5.7 2.0 0.7 (0.6) 0.8 6.1 10.8 1.5 9.2 100.0 3.5 88.4 8.1 1.9 0.2 0.4 0.2 2.7 9.7 2.4 7.4 (percent) 100.0 3.5 87.3 9.2 1.6 0.3 2.9 (0.5) 4.6 14.9 3.8 11.0 100.0 3.4 88.2 8.4 1.5 0.0 0.5 (0.6) 2.2 9.0 1.6 7.4 100.0 3.3 89.1 7.6 1.4 0.0 0.2 (1.2) 1.4 6.6 0.5 6.1

18.55 15.91 8.48 7.27

17.64 13.35 7.86 5.95

27.75 20.62 12.56 9.33

16.90 13.93 7.68 6.33

12.74 11.76 5.83 5.38

Included in Primary Metals.

114
U.S. Census Bureau

Table 37.1—Balance Sheet
For Corporations in NAICS Manufacturing Industry Groups 3313 and 3314, Total Assets $25 Million and Over
Nonferrous Metals1 Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . .
1

4Q 2004

1Q 2005 (million dollars)

2Q 2005

3Q 2005

4Q 2005

921 317 120 1,359 88 0 671 0 0 35 2,152 29 6,801 6,830 6,954 2,784 18,720 46,702 3,531 26,647 23,585 0 35,652 77,958

633 273 42 948 93 0 812 0 0 161 2,013 27 10,166 10,194 7,363 2,637 22,208 46,552 3,539 27,064 23,027 0 35,959 81,195

873 789 64 1,726 89 0 1,770 0 0 72 3,657 24 8,237 8,261 7,584 2,444 21,946 46,747 3,365 27,427 22,684 0 38,330 82,961

798 290 26 1,114 89 0 1,401 0 0 216 2,819 27 8,566 8,594 7,500 3,173 22,085 47,444 3,391 27,915 22,919 0 39,862 84,867

1,042 327 129 1,498 90 10 1,124 0 0 192 2,914 23 8,751 8,773 7,756 3,438 22,881 49,260 3,564 28,654 24,169 0 40,201 87,252

740 123 261 0 4,428 286 145 370 128 1,899 5,264 13,644 1,876 9,243 3,645 13,906 42,314 21,673 17,782 480 (1,156) 3,136 35,643 77,958 5,076

767 133 281 0 6,188 1,038 197 373 122 1,698 5,033 15,830 2,027 9,170 3,667 14,336 45,031 21,956 18,213 335 (1,221) 3,120 36,164 81,195 6,377

1,881 118 227 0 4,772 1,124 167 485 147 1,520 5,660 16,100 2,313 9,242 3,379 14,384 45,419 21,669 20,567 (201) (1,344) 3,149 37,542 82,961 5,846

1,579 1,347 349 0 4,927 994 174 385 111 1,259 6,149 17,273 2,321 8,985 3,417 14,331 46,327 21,766 21,105 (121) (1,127) 3,082 38,540 84,867 4,813

1,569 1,018 932 0 5,505 842 209 291 110 363 6,423 17,264 2,343 9,140 3,545 15,052 47,344 22,431 22,102 (314) (1,151) 3,160 39,908 87,252 5,618

Included in Primary Metals.

115
U.S. Census Bureau

Table 38.0—Income Statement
For Corporations in NAICS Manufacturing Industry Group 3315, Total Assets $25 Million and Over
Foundries1 Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

2Q 2005

3Q 2005

4Q 2005

3,501 100 3,424 (23) 57 1 6 (15) 22 (65) 4 14 (83) 0 (10) (93) 2 (95) 2,233 (24) 2,114

3,939 118 3,497 324 74 1 (5) 18 19 285 45 2 237 0 0 237 57 180 2,487 (38) 2,629

4,500 126 3,921 453 84 2 (15) 45 19 419 86 3 331 0 0 331 97 234 2,874 (91) 3,017

4,367 119 3,941 307 68 2 31 (13) 9 267 62 2 203 0 0 203 68 135 3,507 72 3,714

4,298 116 3,833 349 69 2 21 (4) 9 307 50 3 254 0 0 254 25 229 3,868 (32) 4,064

(percent of net sales) 100.0 2.8 97.8 (0.7) 1.6 0.0 0.2 (0.4) 0.6 (1.9) 0.5 (2.4) 100.0 3.0 88.8 8.2 1.9 0.0 (0.1) 0.5 0.5 7.2 1.2 6.0 (percent) 100.0 2.8 87.1 10.1 1.9 0.0 (0.3) 1.0 0.4 9.3 2.0 7.3 100.0 2.7 90.3 7.0 1.6 0.0 0.7 (0.3) 0.2 6.1 1.5 4.6 100.0 2.7 89.2 8.1 1.6 0.0 0.5 (0.1) 0.2 7.1 1.2 5.9

(6.95) (8.83) (2.35) (2.98)

25.32 21.10 9.46 7.88

34.50 27.23 13.11 10.35

20.80 15.76 8.18 6.20

22.77 18.82 9.47 7.83

Included in Primary Metals.

116
U.S. Census Bureau

Table 38.1—Balance Sheet
For Corporations in NAICS Manufacturing Industry Group 3315, Total Assets $25 Million and Over
Foundries1 Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . .
1

4Q 2004

1Q 2005 (million dollars)

2Q 2005

3Q 2005

4Q 2005

262 0 0 262 0 0 0 0 0 675 937 0 1,985 1,985 1,872 281 5,075 6,785 176 3,889 3,072 14 2,984 11,144

313 0 0 313 0 0 0 0 0 403 716 0 2,274 2,274 2,088 328 5,406 7,793 214 4,634 3,373 44 3,217 12,039

339 0 0 339 5 0 0 0 0 351 695 0 2,499 2,499 2,240 358 5,791 8,340 221 5,029 3,532 59 3,405 12,787

417 0 0 417 5 0 0 1 0 322 745 0 2,592 2,592 2,185 321 5,843 8,196 216 4,798 3,614 140 3,473 13,070

362 0 2 364 8 0 0 0 0 212 585 0 2,436 2,436 2,225 348 5,594 8,110 215 4,787 3,538 143 3,690 12,965

211 0 14 0 1,181 (2) 26 340 0 22 1,002 2,794 2,003 848 407 1,323 7,376 2,589 2,114 25 (104) 855 3,769 11,144 2,281

304 0 16 0 1,266 51 18 96 0 33 1,036 2,820 2,139 848 440 1,296 7,542 2,852 2,629 37 (115) 905 4,497 12,039 2,586

304 0 14 0 1,353 61 20 335 3 21 1,065 3,175 2,285 852 277 1,340 7,929 2,850 3,017 36 (117) 927 4,858 12,787 2,617

251 0 14 0 1,452 33 17 391 4 20 1,115 3,295 2,116 852 291 1,377 7,932 2,532 3,714 (17) (154) 936 5,139 13,070 2,549

299 0 14 0 1,366 9 19 404 4 30 1,048 3,195 1,827 853 258 1,440 7,573 2,486 4,064 (4) (165) 988 5,392 12,965 2,400

Included in Primary Metals.

117
U.S. Census Bureau

Table 39.0—Income Statement
For Corporations in NAICS Manufacturing Subsector 332, Total Assets $25 Million and Over
Fabricated Metal Products Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19.62 14.52 8.46 6.26 18.97 13.65 7.89 5.67 25.93 18.91 10.75 7.84 25.50 17.83 10.47 7.32 22.33 14.34 9.29 5.96 100.0 2.9 89.2 7.9 2.0 0.7 0.8 (0.1) 1.4 8.6 2.2 6.3 100.0 2.9 88.7 8.4 1.8 0.2 0.3 (0.2) 1.1 8.0 2.3 5.8 (percent) 100.0 2.7 87.5 9.9 2.2 0.4 0.0 0.1 2.1 10.2 2.8 7.4 100.0 2.7 87.3 10.0 2.0 0.0 0.1 0.0 2.2 10.3 3.1 7.2 100.0 2.7 87.8 9.5 2.1 1.2 0.4 0.0 0.5 9.5 3.4 6.1 30,534 887 27,237 2,410 608 199 229 (46) 433 2,617 621 60 1,936 (1) 0 1,935 677 1,259 35,852 (235) 36,875 30,959 900 27,463 2,595 550 56 97 (69) 353 2,483 620 77 1,786 0 0 1,786 777 1,009 36,775 (57) 37,727 34,264 916 29,967 3,381 769 120 (7) 45 729 3,498 859 88 2,550 0 0 2,550 630 1,920 38,471 (211) 40,180 34,867 942 30,438 3,487 696 11 32 (10) 750 3,574 976 99 2,499 0 0 2,499 609 1,890 40,544 (206) 42,229 33,393 909 29,315 3,169 717 412 135 (12) 184 3,170 1,042 92 2,036 0 0 2,036 646 1,390 41,927 (648) 42,669 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

118
U.S. Census Bureau

Table 39.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsector 332, Total Assets $25 Million and Over
Fabricated Metal Products Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . . 1,306 902 324 266 8,935 731 (13) 536 14 546 10,615 24,161 12,612 7,863 9,140 16,660 70,436 27,646 36,875 1,045 (2,702) 9,511 53,353 123,790 15,689 1,464 1,816 485 267 9,311 759 44 1,822 32 471 10,396 26,868 13,185 7,800 9,190 16,573 73,617 26,347 37,727 882 (2,799) 9,813 52,343 125,960 14,221 1,544 1,374 506 308 9,793 817 60 2,204 34 479 11,267 28,386 13,784 7,752 9,136 17,122 76,180 26,564 40,180 84 (2,625) 10,251 53,952 130,133 16,078 1,783 5,094 425 287 9,715 885 42 2,018 47 474 11,571 32,340 14,273 7,560 9,146 17,127 80,446 27,067 42,229 101 (2,550) 10,785 56,063 136,508 12,722 1,614 5,639 353 286 10,032 719 93 1,501 59 445 11,614 32,355 14,066 7,277 10,594 15,483 79,775 27,187 42,669 59 (2,435) 10,689 56,790 136,566 12,031 2,762 602 341 3,706 1,010 29 545 27 0 543 5,859 256 15,409 15,665 14,234 4,093 39,851 53,364 1,444 31,089 23,719 8 60,212 123,790 4Q 2004 1Q 2005 (million dollars) 2,551 598 255 3,403 683 15 210 19 0 503 4,833 260 16,750 17,010 15,125 4,120 41,089 54,390 1,452 31,802 24,039 7 60,825 125,960 2,955 691 332 3,978 1,163 45 240 19 0 572 6,017 259 18,288 18,547 15,755 4,145 44,464 55,810 1,468 32,931 24,347 2 61,320 130,133 3,063 715 395 4,173 1,157 58 283 19 0 748 6,437 169 18,990 19,159 15,342 4,124 45,062 55,939 1,677 33,165 24,451 2 66,993 136,508 3,878 581 402 4,860 1,146 49 192 82 0 884 7,213 234 17,109 17,343 15,408 4,422 44,386 55,760 1,418 32,641 24,537 24 67,618 136,566 2Q 2005 3Q 2005 4Q 2005

119
U.S. Census Bureau

Table 40.0—Income Statement
For Corporations in NAICS Manufacturing Subsector 333, Total Assets $25 Million and Over
Machinery Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12.79 9.23 4.95 3.58 12.32 9.78 4.79 3.80 19.02 14.60 7.39 5.67 17.29 14.31 6.84 5.67 17.64 13.52 7.00 5.36 100.0 2.6 92.1 5.2 1.8 0.0 0.4 0.1 2.2 6.1 1.7 4.4 100.0 2.7 91.6 5.7 1.9 0.0 0.6 (0.2) 1.9 6.1 1.3 4.9 (percent) 100.0 2.3 89.8 7.9 1.8 0.2 0.4 (0.3) 2.1 8.5 2.0 6.5 100.0 2.4 89.7 7.9 1.7 0.0 0.3 (0.2) 1.8 8.0 1.4 6.7 100.0 2.5 90.0 7.5 2.1 0.5 0.7 0.1 1.7 8.4 2.0 6.4 60,752 1,608 55,983 3,162 1,117 23 263 51 1,341 3,723 791 244 2,688 27 3 2,718 1,046 1,672 46,085 102 47,860 60,110 1,618 55,085 3,407 1,151 14 370 (97) 1,151 3,695 671 92 2,932 18 0 2,950 641 2,309 47,575 (158) 49,726 68,525 1,592 61,507 5,426 1,235 106 260 (210) 1,462 5,809 1,203 145 4,461 0 0 4,461 1,009 3,452 50,198 (145) 53,505 68,153 1,662 61,122 5,369 1,156 20 199 (157) 1,200 5,475 701 240 4,533 45 0 4,579 698 3,880 53,857 (416) 57,321 67,699 1,705 60,933 5,061 1,431 321 483 69 1,154 5,657 1,204 118 4,336 5 (1) 4,340 1,556 2,783 58,924 (544) 61,163 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

120
U.S. Census Bureau

Table 40.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsector 333, Total Assets $25 Million and Over
Machinery Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . . 1,935 1,386 2,847 80 24,642 4,158 351 1,653 1,298 813 40,790 79,952 22,533 14,690 16,842 50,148 184,165 82,980 47,860 (70) (913) 13,403 116,454 300,619 35,241 3,038 1,810 3,265 63 26,090 4,204 282 1,829 745 688 39,301 81,316 22,623 15,443 17,546 51,587 188,515 84,571 49,726 (11) (397) 13,924 119,966 308,481 39,226 3,193 2,277 3,199 93 26,581 4,334 231 2,185 1,039 842 42,962 86,937 23,087 14,776 17,059 50,439 192,298 84,725 53,505 (749) (550) 14,737 122,194 314,493 35,613 2,985 1,922 3,463 82 26,480 4,176 199 1,848 1,034 1,020 44,111 87,320 22,684 14,723 16,568 51,978 193,273 86,745 57,321 (857) (1,210) 15,316 126,683 319,956 36,635 2,744 1,573 3,468 100 28,464 4,212 90 2,025 937 587 45,585 89,784 22,816 14,725 16,544 51,133 195,002 86,385 61,163 (1,004) (1,689) 16,587 128,269 323,271 34,300 10,150 4,261 348 14,759 4 1,157 2,700 240 16 4,117 22,992 484 36,619 37,103 31,805 23,293 115,193 84,878 1,875 50,779 35,974 580 148,872 300,619 4Q 2004 1Q 2005 (million dollars) 8,652 4,339 459 13,450 4 1,133 2,547 234 6 4,419 21,794 458 39,101 39,560 34,978 24,210 120,542 85,689 1,866 51,824 35,730 683 151,527 308,481 8,993 2,863 429 12,285 4 873 2,373 180 21 4,597 20,334 495 40,451 40,946 35,771 25,499 122,550 86,824 1,905 52,391 36,338 919 154,687 314,493 9,509 2,877 419 12,805 3 1,119 2,423 511 1 3,718 20,579 581 40,448 41,029 36,435 25,913 123,955 89,608 1,742 53,440 37,911 1,052 157,038 319,956 10,337 2,951 761 14,049 1 1,071 2,326 297 0 3,351 21,095 521 40,619 41,140 36,206 25,643 124,084 91,910 1,822 54,755 38,977 905 159,304 323,271 2Q 2005 3Q 2005 4Q 2005

121
U.S. Census Bureau

Table 41.0—Income Statement
For Corporations in NAICS Manufacturing Subsector 334, Total Assets $25 Million and Over
Computer and Electronic Products Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15.78 11.58 9.11 6.68 13.50 9.65 7.79 5.57 15.16 10.82 8.70 6.21 15.79 10.68 9.05 6.12 16.52 11.68 9.57 6.76 100.0 4.2 89.9 5.9 1.1 0.2 2.1 (0.6) 7.8 14.3 3.8 10.5 100.0 4.4 91.4 4.2 1.1 0.5 1.8 (0.8) 8.4 13.1 3.7 9.3 (percent) 100.0 4.3 89.9 5.8 1.1 0.1 2.0 1.1 6.2 14.3 4.1 10.2 100.0 4.2 89.2 6.6 1.1 0.1 1.7 (0.1) 7.8 14.9 4.8 10.1 100.0 4.0 88.9 7.1 1.0 0.1 1.9 (0.4) 7.4 15.1 4.4 10.6 132,903 5,645 119,462 7,796 1,430 278 2,784 (787) 10,413 19,052 4,787 290 13,975 0 0 13,975 1,408 12,567 947 (6,876) 6,638 124,929 5,483 114,168 5,279 1,315 603 2,236 (955) 10,474 16,323 4,223 440 11,660 0 0 11,660 3,047 8,613 7,812 (10,889) 5,536 128,772 5,485 115,778 7,509 1,388 190 2,640 1,438 8,035 18,424 4,962 316 13,146 0 0 13,146 1,434 11,713 7,483 (4,338) 14,857 129,868 5,448 115,821 8,599 1,467 161 2,179 (162) 10,070 19,380 5,936 337 13,107 0 0 13,107 1,971 11,136 11,890 (1,734) 21,292 136,210 5,403 121,123 9,685 1,416 173 2,584 (557) 10,033 20,502 5,662 344 14,496 0 0 14,496 1,625 12,872 25,871 (6,169) 32,574 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

122
U.S. Census Bureau

Table 41.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsector 334, Total Assets $25 Million and Over
Computer and Electronic Products Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . . 1,741 2,925 5,193 2,607 43,982 10,407 976 3,065 6,646 824 92,306 170,674 15,952 53,419 19,762 93,516 353,322 526,785 6,638 4,956 (3,641) 51,854 482,885 836,207 100,671 1,325 2,797 5,709 2,636 43,015 11,097 818 3,381 4,233 784 91,891 167,686 15,745 54,963 20,317 95,600 354,312 535,144 5,536 4,407 (3,527) 58,008 483,552 837,864 96,894 1,577 1,801 5,767 2,486 43,247 10,909 686 3,413 5,470 786 95,563 171,703 15,564 57,598 18,321 97,399 360,585 533,883 14,857 4,513 (3,541) 63,499 486,213 846,798 98,060 1,529 1,625 5,214 2,545 44,463 11,054 558 3,228 4,957 631 96,604 172,408 15,033 59,783 18,398 100,380 366,003 537,569 21,292 4,626 (3,373) 69,174 490,939 856,942 98,178 1,792 1,531 4,716 2,506 46,742 11,907 591 3,015 6,459 960 98,016 178,237 15,765 56,423 17,076 93,388 360,889 536,888 32,574 4,406 (6,218) 71,251 496,400 857,289 118,408 47,388 8,175 2,335 57,898 276 7,867 20,477 3,774 81 19,875 110,248 4,989 61,497 66,487 46,484 48,127 271,345 220,757 5,397 136,128 90,025 5,997 468,840 836,207 4Q 2004 1Q 2005 (million dollars) 42,399 6,992 1,944 51,335 196 7,332 20,237 4,453 42 20,598 104,193 5,194 60,520 65,715 46,757 47,917 264,581 222,137 5,389 137,774 89,752 5,850 477,682 837,864 42,530 7,645 1,960 52,135 42 6,956 20,110 4,600 40 19,574 103,456 5,197 64,025 69,221 46,285 50,800 269,763 223,265 5,427 139,300 89,392 7,276 480,368 846,798 43,295 7,868 2,160 53,322 118 7,101 20,476 4,397 14 20,547 105,975 5,927 64,062 69,989 47,695 46,928 270,586 223,070 5,454 139,210 89,314 7,260 489,782 856,942 50,204 11,606 5,557 67,368 155 7,027 29,528 4,487 15 17,721 126,301 6,658 64,585 71,242 47,839 51,263 296,645 220,897 5,472 138,381 87,988 7,153 465,502 857,289 2Q 2005 3Q 2005 4Q 2005

123
U.S. Census Bureau

Table 42.0—Income Statement
For Corporations in NAICS Manufacturing Industry Group 3341, Total Assets $25 Million and Over
Computer and Peripheral Equipment1 Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

2Q 2005

3Q 2005

4Q 2005

44,007 1,183 41,041 1,784 189 13 567 (61) 6,046 8,160 1,514 (19) 6,665 0 0 6,665 381 6,285 67,775 300 74,360

40,399 1,188 39,410 (199) 196 7 519 (34) 5,019 5,116 1,006 55 4,055 0 0 4,055 948 3,107 75,136 (6,473) 71,770

40,867 1,209 38,683 975 268 22 766 1,937 3,385 6,818 1,602 44 5,171 0 0 5,171 419 4,753 72,153 (300) 76,605

40,837 1,173 38,178 1,486 246 10 319 61 5,068 6,697 2,257 32 4,407 0 0 4,407 1,029 3,378 76,576 123 80,078

45,203 1,266 41,933 2,004 171 10 739 (110) 5,438 7,911 1,755 94 6,062 0 0 6,062 537 5,525 79,913 (2,250) 83,187

(percent of net sales) 100.0 2.7 93.3 4.1 0.4 0.0 1.3 (0.1) 13.7 18.5 3.4 15.1 100.0 2.9 97.6 (0.5) 0.5 0.0 1.3 (0.1) 12.4 12.7 2.6 10.0 (percent) 100.0 3.0 94.7 2.4 0.7 0.1 1.9 4.7 8.3 16.7 4.0 12.7 100.0 2.9 93.5 3.6 0.6 0.0 0.8 0.1 12.4 16.4 5.6 10.8 100.0 2.8 92.8 4.4 0.4 0.0 1.6 (0.2) 12.0 17.5 4.1 13.4

26.01 21.25 13.10 10.70

16.01 12.69 8.08 6.40

21.12 16.02 10.56 8.01

20.70 13.62 10.36 6.82

24.27 18.60 12.56 9.63

Included in Computer and Electronic Products.

124
U.S. Census Bureau

Table 42.1—Balance Sheet
For Corporations in NAICS Manufacturing Industry Group 3341, Total Assets $25 Million and Over
Computer and Peripheral Equipment1 Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . .
1

4Q 2004

1Q 2005 (million dollars)

2Q 2005

3Q 2005

4Q 2005

8,504 1,628 529 10,662 14 1,551 4,888 602 15 5,985 23,717 1,241 16,948 18,189 9,039 9,059 60,004 45,507 1,576 27,915 19,168 931 169,081 249,183

8,226 401 75 8,703 8 1,503 2,976 560 16 6,057 19,822 883 15,978 16,861 9,017 9,213 54,913 45,558 1,562 28,109 19,011 922 178,540 253,386

8,354 517 75 8,946 0 1,432 3,261 927 16 5,404 19,985 835 18,374 19,210 8,918 8,704 56,817 45,488 1,546 28,016 19,018 1,126 181,359 258,320

9,418 573 396 10,387 83 1,365 3,410 1,007 11 6,512 22,774 907 17,271 18,178 9,372 8,919 59,244 45,931 1,519 28,430 19,021 1,117 179,291 258,672

14,711 3,530 3,700 21,940 91 1,467 8,547 1,175 12 4,041 37,273 1,339 17,529 18,868 9,461 11,286 76,888 45,806 1,583 28,765 18,624 1,120 155,250 251,883

70 2,359 1,815 0 16,930 1,910 31 1,853 3,682 72 26,326 55,048 5,482 19,381 1,692 42,110 123,713 96,863 74,360 912 (1,689) 44,975 125,470 249,183 4,956

90 2,238 2,058 0 15,735 1,921 51 2,098 1,217 87 25,705 51,200 5,217 21,568 1,585 46,008 125,578 105,914 71,770 1,467 (1,724) 49,619 127,808 253,386 3,713

89 1,256 2,041 0 15,736 2,345 4 2,180 2,617 105 25,409 51,782 5,126 22,688 1,575 48,021 129,192 106,129 76,605 1,939 (1,757) 53,788 129,128 258,320 5,035

54 100 1,592 0 16,384 2,413 (5) 1,522 1,602 131 25,936 49,729 4,105 22,873 1,914 50,629 129,250 107,038 80,078 1,900 (1,689) 57,905 129,422 258,672 9,515

77 0 1,291 0 18,086 2,866 27 1,219 3,412 69 26,705 53,752 3,987 20,142 1,957 41,656 121,494 106,304 83,187 1,856 (2,467) 58,492 130,389 251,883 23,136

Included in Computer and Electronic Products.

125
U.S. Census Bureau

Table 43.0—Income Statement
For Corporations in NAICS Manufacturing Industry Group 3342, Total Assets $25 Million and Over
Communications Equipment1 Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

2Q 2005

3Q 2005

4Q 2005

26,373 739 24,813 820 407 15 1,593 75 1,212 3,308 1,213 25 2,070 0 0 2,070 261 1,810 (115,253) (4,927) (118,371)

24,458 743 22,816 899 324 18 1,264 242 1,881 3,979 1,090 44 2,844 0 0 2,844 272 2,572 (117,554) (2,039) (117,021)

26,503 693 23,748 2,062 309 19 1,305 265 830 4,173 1,209 26 2,938 0 0 2,938 134 2,805 (115,524) (2,000) (114,719)

26,655 682 23,691 2,282 337 19 1,285 205 1,013 4,466 1,111 42 3,313 0 0 3,313 151 3,162 (114,980) (1,681) (113,499)

27,715 650 24,633 2,433 331 20 1,398 (367) 855 4,009 1,274 33 2,702 0 0 2,702 180 2,522 (106,940) (1,315) (105,733)

(percent of net sales) 100.0 2.8 94.1 3.1 1.5 0.1 6.0 0.3 4.6 12.5 4.7 7.8 100.0 3.0 93.3 3.7 1.3 0.1 5.2 1.0 7.7 16.3 4.6 11.6 (percent) 100.0 2.6 89.6 7.8 1.2 0.1 4.9 1.0 3.1 15.7 4.7 11.1 100.0 2.6 88.9 8.6 1.3 0.1 4.8 0.8 3.8 16.8 4.3 12.4 100.0 2.3 88.9 8.8 1.2 0.1 5.0 (1.3) 3.1 14.5 4.7 9.7

13.29 8.31 7.37 4.61

16.30 11.65 8.96 6.41

17.18 12.10 9.47 6.67

18.30 13.58 9.95 7.38

15.65 10.55 8.64 5.82

Included in Computer and Electronic Products.

126
U.S. Census Bureau

Table 43.1—Balance Sheet
For Corporations in NAICS Manufacturing Industry Group 3342, Total Assets $25 Million and Over
Communications Equipment1 Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . .
1

4Q 2004

1Q 2005 (million dollars)

2Q 2005

3Q 2005

4Q 2005

13,993 1,035 727 15,755 238 2,718 9,880 302 8 6,091 34,992 1,486 13,856 15,343 7,517 9,278 67,130 30,434 792 19,214 12,012 4,062 96,262 179,467

10,194 935 701 11,831 164 2,106 11,088 387 1 5,528 31,104 1,641 14,419 16,060 7,440 9,617 64,222 30,343 774 19,283 11,835 3,800 97,688 177,544

10,461 928 759 12,148 11 1,682 11,602 443 0 4,436 30,321 1,676 15,008 16,684 7,243 8,959 63,208 29,983 718 19,051 11,650 4,996 96,384 176,238

9,513 1,051 584 11,147 10 2,035 11,705 260 0 4,845 30,002 2,221 15,259 17,480 7,211 7,697 62,390 29,441 738 18,606 11,573 4,914 100,700 179,578

10,182 1,349 677 12,209 3 2,257 15,952 327 0 4,468 35,216 2,593 15,412 18,004 7,561 9,269 70,049 29,329 746 18,296 11,778 4,694 99,118 185,639

664 300 446 295 6,952 1,351 99 121 420 89 26,178 36,914 707 14,438 7,137 20,694 79,889 222,359 (118,371) 20 (2,920) 1,511 99,577 179,467 30,217

618 300 539 281 7,087 1,389 85 63 510 87 26,624 37,582 639 14,117 7,211 20,350 79,899 219,942 (117,021) (190) (3,523) 1,563 97,645 177,544 26,639

559 294 473 340 7,441 1,512 87 79 511 191 26,569 38,056 654 14,002 5,538 20,839 79,089 217,554 (114,719) (304) (3,713) 1,668 97,149 176,238 25,152

579 294 479 357 7,378 1,503 53 104 874 190 27,005 38,815 630 16,112 5,514 20,899 81,971 216,073 (113,499) (320) (3,493) 1,154 97,607 179,578 23,574

658 300 498 296 7,926 1,582 53 107 593 471 27,376 39,861 634 15,240 4,475 22,961 83,171 215,045 (105,733) (410) (4,594) 1,841 102,468 185,639 30,189

Included in Computer and Electronic Products.

127
U.S. Census Bureau

Table 44.0—Income Statement
For Corporations in NAICS Manufacturing Industry Groups 3343 - 3346, Total Assets $25 Million and Over
All Other Electronic Products1 Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

2Q 2005

3Q 2005

4Q 2005

62,523 3,723 53,609 5,191 834 249 624 (802) 3,155 7,584 2,061 284 5,240 0 0 5,240 767 4,473 48,424 (2,248) 50,649

60,072 3,552 51,942 4,579 794 579 453 (1,163) 3,575 7,228 2,127 340 4,761 0 0 4,761 1,826 2,935 50,230 (2,377) 50,787

61,402 3,583 53,347 4,471 810 149 568 (764) 3,820 7,433 2,150 246 5,037 0 0 5,037 881 4,156 50,854 (2,038) 52,971

62,376 3,593 53,952 4,831 883 133 575 (427) 3,988 8,217 2,568 263 5,386 0 0 5,386 791 4,595 50,294 (175) 54,713

63,291 3,487 54,557 5,248 915 143 447 (81) 3,740 8,582 2,633 216 5,732 0 0 5,732 908 4,825 52,899 (2,604) 55,120

(percent of net sales) 100.0 6.0 85.7 8.3 1.3 0.4 1.0 (1.3) 5.0 12.1 3.7 8.4 100.0 5.9 86.5 7.6 1.3 1.0 0.8 (1.9) 6.0 12.0 4.1 7.9 (percent) 100.0 5.8 86.9 7.3 1.3 0.2 0.9 (1.2) 6.2 12.1 3.9 8.2 100.0 5.8 86.5 7.7 1.4 0.2 0.9 (0.7) 6.4 13.2 4.5 8.6 100.0 5.5 86.2 8.3 1.4 0.2 0.7 (0.1) 5.9 13.6 4.5 9.1

11.77 8.13 7.44 5.14

11.20 7.38 7.10 4.68

11.44 7.75 7.21 4.89

12.45 8.16 7.85 5.15

13.03 8.70 8.18 5.46

Included in Computer and Electronic Products.

128
U.S. Census Bureau

Table 44.1—Balance Sheet
For Corporations in NAICS Manufacturing Industry Groups 3343 - 3346, Total Assets $25 Million and Over
All Other Electronic Products1 Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . .
1

4Q 2004

1Q 2005 (million dollars)

2Q 2005

3Q 2005

4Q 2005

24,890 5,512 1,079 31,481 24 3,598 5,709 2,870 57 7,798 51,538 2,263 30,693 32,955 29,927 29,790 144,211 144,815 3,029 89,000 58,844 1,004 203,498 407,557

23,979 5,655 1,168 30,802 24 3,723 6,173 3,506 25 9,013 53,266 2,671 30,123 32,794 30,300 29,086 145,446 146,236 3,053 90,382 58,907 1,128 201,454 406,934

23,715 6,200 1,127 31,041 31 3,843 5,247 3,230 24 9,734 53,150 2,685 30,642 33,327 30,124 33,137 149,739 147,793 3,164 92,233 58,724 1,153 202,624 412,240

24,364 6,244 1,180 31,788 24 3,702 5,361 3,130 3 9,190 53,198 2,799 31,532 34,331 31,112 30,313 148,953 147,697 3,197 92,175 58,719 1,229 209,791 418,692

25,311 6,727 1,180 33,218 62 3,304 5,028 2,984 3 9,213 53,813 2,726 31,644 34,370 30,817 30,708 149,708 145,762 3,144 91,320 57,587 1,339 211,134 419,767

1,008 266 2,932 2,312 20,100 7,147 846 1,091 2,544 664 39,802 78,712 9,763 19,599 10,933 30,712 149,720 207,564 50,649 4,024 969 5,368 257,838 407,557 65,499

617 259 3,113 2,355 20,193 7,786 683 1,220 2,506 610 39,562 78,904 9,890 19,278 11,521 29,242 148,835 209,288 50,787 3,131 1,720 6,826 258,099 406,934 66,542

929 251 3,253 2,146 20,070 7,052 594 1,154 2,342 490 43,584 81,865 9,784 20,908 11,208 28,539 152,304 210,200 52,971 2,878 1,930 8,043 259,936 412,240 67,874

897 1,231 3,143 2,188 20,700 7,137 511 1,601 2,481 310 43,664 83,864 10,299 20,797 10,970 28,852 154,782 214,457 54,713 3,046 1,808 10,115 263,910 418,692 65,089

1,058 1,231 2,927 2,210 20,730 7,459 512 1,690 2,455 420 43,934 84,625 11,144 21,041 10,644 28,771 156,224 215,539 55,120 2,960 843 10,918 263,543 419,767 65,083

Included in Computer and Electronic Products.

129
U.S. Census Bureau

Table 45.0—Income Statement
For Corporations in NAICS Manufacturing Subsector 335, Total Assets $25 Million and Over
Electrical Equipment, Appliances, and Components Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19.48 18.26 11.51 10.79 16.31 14.07 9.58 8.27 19.57 16.90 11.61 10.02 19.00 16.81 11.34 10.03 14.77 12.82 8.53 7.40 100.0 3.2 89.3 7.5 1.3 0.0 6.6 (0.3) 4.3 16.8 1.1 15.7 100.0 3.3 91.1 5.6 1.6 0.0 4.5 (0.2) 6.9 15.3 2.1 13.2 (percent) 100.0 3.0 90.0 7.0 1.4 0.1 8.2 0.0 3.2 17.0 2.3 14.7 100.0 3.1 89.8 7.1 1.4 0.1 6.5 0.0 4.6 16.8 1.9 14.9 100.0 2.6 89.4 8.0 1.4 0.1 3.1 (0.6) 2.7 11.9 1.6 10.3 44,006 1,418 39,305 3,282 583 20 2,903 (142) 1,913 7,393 375 88 6,930 0 0 6,930 3,085 3,846 114,172 (188) 117,830 40,469 1,354 36,850 2,265 648 5 1,823 (77) 2,807 6,175 636 209 5,330 0 0 5,330 3,094 2,237 117,761 (773) 119,225 44,041 1,307 39,655 3,079 636 51 3,621 (13) 1,395 7,498 987 35 6,475 0 0 6,475 3,164 3,311 120,712 (157) 123,867 43,394 1,341 38,969 3,084 620 24 2,839 (14) 1,988 7,299 874 (32) 6,457 0 0 6,457 2,965 3,492 123,929 (339) 127,082 46,249 1,219 41,335 3,695 665 42 1,441 (276) 1,247 5,484 649 76 4,759 0 0 4,759 3,617 1,142 126,702 (456) 127,388 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

130
U.S. Census Bureau

Table 45.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsector 335, Total Assets $25 Million and Over
Electrical Equipment, Appliances, and Components Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . . 795 1,652 1,019 3,150 14,611 2,409 1,849 983 981 3,454 25,102 56,003 6,819 8,599 11,550 22,033 105,003 56,181 117,830 6,455 628 29,271 151,823 256,826 6,848 1,619 2,328 1,188 3,074 14,369 2,624 1,663 1,044 1,171 3,167 24,629 56,874 7,783 8,367 11,183 22,151 106,358 55,092 119,225 6,255 (144) 28,938 151,489 257,848 4,302 1,587 2,923 1,436 3,244 14,579 2,756 1,552 934 564 3,044 24,905 57,526 7,892 8,232 11,628 19,918 105,196 55,856 123,867 2,103 1,374 29,959 153,241 258,437 4,810 1,169 1,579 1,230 3,471 14,836 2,799 1,528 900 585 2,996 25,227 56,320 7,317 8,097 11,985 20,167 103,887 55,725 127,082 2,636 42 31,808 153,676 257,563 7,000 1,399 1,651 2,202 3,565 15,690 2,781 1,668 414 1,061 1,641 26,176 58,247 7,599 9,343 13,274 20,288 108,751 55,353 127,388 1,421 (580) 35,054 148,528 257,279 4,352 5,626 186 152 5,964 101 402 692 401 0 689 8,249 450 21,894 22,344 20,267 11,991 62,851 68,439 2,258 40,949 29,748 57 164,170 256,826 4Q 2004 1Q 2005 (million dollars) 4,051 128 103 4,282 0 375 681 324 0 683 6,345 32 21,866 21,898 21,553 11,380 61,176 68,446 2,062 41,236 29,272 68 167,332 257,848 4,048 245 200 4,493 82 445 557 365 0 674 6,616 390 21,928 22,317 21,606 11,796 62,335 68,209 2,040 41,415 28,834 24 167,243 258,437 5,494 118 112 5,724 108 396 592 395 0 919 8,134 376 21,502 21,878 21,613 11,695 63,321 68,192 1,989 41,529 28,652 51 165,540 257,563 4,497 142 61 4,700 125 302 607 311 2 740 6,788 446 22,564 23,009 21,416 11,385 62,599 67,448 2,004 40,804 28,648 57 165,974 257,279 2Q 2005 3Q 2005 4Q 2005

131
U.S. Census Bureau

Table 46.0—Income Statement
For Corporations in NAICS Manufacturing Subsector 336, Total Assets $25 Million and Over
Transportation Equipment Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.82 9.14 2.05 2.39 9.09 9.20 2.29 2.31 12.21 10.00 3.01 2.47 3.20 3.06 0.76 0.73 0.24 1.47 0.06 0.35 100.0 2.8 95.9 1.2 1.8 0.3 1.9 (0.7) 1.2 2.0 (0.3) 2.4 100.0 2.8 96.2 0.9 1.9 0.3 1.4 (0.1) 1.9 2.4 0.0 2.5 (percent) 100.0 2.7 96.2 1.2 1.7 0.0 1.8 (0.1) 1.8 3.0 0.5 2.5 100.0 3.1 97.2 (0.3) 2.0 0.0 1.6 (0.1) 1.6 0.8 0.0 0.8 100.0 2.9 98.1 (1.0) 1.8 0.0 1.2 0.7 0.9 0.1 (0.3) 0.4 203,236 5,781 194,931 2,524 3,731 526 3,840 (1,354) 2,357 4,161 (498) (202) 4,861 0 1 4,862 2,682 2,180 135,793 (834) 137,138 193,110 5,500 185,849 1,761 3,730 535 2,664 (246) 3,719 4,702 (215) 160 4,758 0 0 4,758 2,048 2,710 136,592 (6,774) 132,528 207,057 5,512 199,118 2,426 3,512 38 3,827 (160) 3,664 6,284 909 227 5,148 0 0 5,148 2,573 2,575 134,157 (134) 136,598 195,960 6,153 190,433 (626) 3,899 22 3,139 (169) 3,143 1,610 (168) 235 1,542 0 0 1,542 3,122 (1,580) 135,618 (63) 133,976 211,911 6,175 207,912 (2,175) 3,827 15 2,548 1,583 1,975 119 (1,670) 1,044 745 0 0 745 2,634 (1,890) 134,110 (299) 131,921 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

132
U.S. Census Bureau

Table 46.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsector 336, Total Assets $25 Million and Over
Transportation Equipment Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . . 5,595 2,437 2,679 55,532 79,154 5,351 509 2,559 1,992 1,032 137,694 294,535 24,561 32,988 76,236 172,274 600,594 121,300 137,138 6,062 (22,155) 29,627 212,717 813,311 2,089 6,320 1,833 3,052 56,298 84,372 5,756 527 3,480 2,410 928 149,160 314,137 24,455 32,171 75,706 169,212 615,680 122,595 132,528 3,504 (21,555) 30,245 206,826 822,507 (8,267) 6,144 1,447 4,247 60,920 85,800 5,315 580 3,481 1,141 1,546 149,580 320,201 24,607 33,037 77,620 173,156 628,622 122,725 136,598 275 (21,891) 31,780 205,927 834,549 (703) 6,979 1,911 2,322 61,484 90,635 3,753 688 3,687 1,310 1,943 151,159 325,871 25,446 32,611 77,050 181,295 642,273 123,546 133,976 996 (23,695) 33,495 201,327 843,600 (4,089) 7,605 2,791 3,037 62,075 85,084 4,733 454 3,363 2,276 2,805 152,355 326,580 26,190 33,700 75,661 188,973 651,104 126,182 131,921 (411) (20,902) 34,861 201,928 853,032 1,031 24,133 2,848 6,883 33,865 73 3,600 9,915 1,004 55 5,366 53,877 35,265 56,526 91,790 93,780 57,176 296,624 284,680 5,894 149,446 141,129 3,457 372,101 813,311 4Q 2004 1Q 2005 (million dollars) 22,977 3,191 4,103 30,271 0 4,168 6,697 738 85 5,459 47,419 36,826 61,950 98,776 99,739 59,936 305,870 283,074 5,772 149,909 138,936 2,849 374,851 822,507 27,418 3,047 6,702 37,166 0 5,257 4,184 138 1 6,082 52,829 38,502 63,075 101,578 103,278 61,814 319,498 279,556 5,766 147,424 137,897 1,636 375,517 834,549 25,280 3,132 7,171 35,583 0 2,704 3,467 479 1 6,362 48,596 38,686 64,674 103,360 107,380 62,446 321,781 288,002 5,927 153,251 140,678 1,741 379,400 843,600 28,721 2,923 8,402 40,046 0 6,722 3,198 488 1 6,939 57,394 38,507 62,778 101,285 108,695 60,237 327,611 288,468 5,927 151,957 142,438 1,725 381,259 853,032 2Q 2005 3Q 2005 4Q 2005

133
U.S. Census Bureau

Table 47.0—Income Statement
For Corporations in NAICS Manufacturing Industry Groups 3361 - 3363, Total Assets $25 Million and Over
Motor Vehicles and Parts1 Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

2Q 2005

3Q 2005

4Q 2005

145,764 4,514 142,903 (1,653) 2,882 35 3,594 (596) 1,919 418 (801) (124) 1,343 0 1 1,344 1,325 19 66,186 (497) 65,708

139,227 4,350 137,285 (2,409) 3,015 36 2,429 (220) 3,077 (102) (1,128) 138 888 0 0 888 1,240 (352) 65,807 (6,191) 59,264

146,959 4,308 145,182 (2,531) 2,791 33 3,444 (25) 3,003 1,133 (287) 85 1,336 0 0 1,336 1,287 49 60,250 (48) 60,251

139,319 4,990 139,799 (5,470) 3,176 19 2,842 (170) 2,450 (3,506) (1,010) 120 (2,616) 0 0 (2,616) 2,156 (4,771) 60,152 (311) 55,070

149,481 4,988 151,312 (6,820) 3,095 14 2,132 1,746 1,218 (4,805) (2,846) 958 (2,917) 0 0 (2,917) 1,262 (4,179) 56,862 (43) 52,641

(percent of net sales) 100.0 3.1 98.0 (1.1) 2.0 0.0 2.5 (0.4) 1.3 0.3 (0.6) 0.9 100.0 3.1 98.6 (1.7) 2.2 0.0 1.7 (0.2) 2.2 (0.1) (0.7) 0.6 (percent) 100.0 2.9 98.8 (1.7) 1.9 0.0 2.3 0.0 2.0 0.8 (0.1) 0.9 100.0 3.6 100.3 (3.9) 2.3 0.0 2.0 (0.1) 1.8 (2.5) (0.6) (1.9) 100.0 3.3 101.2 (4.6) 2.1 0.0 1.4 1.2 0.8 (3.2) (1.3) (2.0)

1.33 4.27 0.32 1.04

(0.34) 3.00 (0.08) 0.69

3.91 4.61 0.88 1.03

(12.57) (9.38) (2.70) (2.02)

(17.66) (10.72) (3.66) (2.22)

Included in Transportation Equipment.

134
U.S. Census Bureau

Table 47.1—Balance Sheet
For Corporations in NAICS Manufacturing Industry Groups 3361 - 3363, Total Assets $25 Million and Over
Motor Vehicles and Parts1 Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . .
1

4Q 2004

1Q 2005 (million dollars)

2Q 2005

3Q 2005

4Q 2005

14,866 2,556 6,880 24,302 0 3,592 9,915 55 54 2,849 40,766 285 39,101 39,387 31,696 40,573 152,421 210,255 3,546 106,779 107,021 3,432 254,289 517,164

11,031 2,963 4,035 18,029 0 4,154 6,697 13 84 3,771 32,749 157 43,882 44,039 33,775 41,899 152,462 209,139 3,545 107,426 105,259 2,831 253,560 514,112

15,469 2,891 6,603 24,963 0 5,255 4,184 22 0 3,856 38,280 171 44,222 44,393 34,170 41,365 158,208 207,368 3,545 106,814 104,099 1,605 253,477 517,389

13,150 3,002 7,096 23,248 0 2,701 3,467 119 0 4,059 33,594 171 45,437 45,608 36,001 42,028 157,231 214,069 3,582 111,290 106,361 1,709 253,706 519,008

15,348 2,702 8,352 26,402 0 6,720 3,197 69 0 4,567 40,955 202 42,443 42,644 35,138 39,792 158,529 212,834 3,636 109,751 106,719 1,693 258,022 524,962

4,875 1,214 2,512 43 62,673 3,287 382 2,196 265 836 88,658 166,939 18,166 17,303 59,824 128,998 391,231 72,574 65,708 4,852 (13,744) 3,457 125,933 517,164 (14,518)

5,350 1,307 2,835 61 67,448 2,775 409 2,762 908 735 91,646 176,235 18,677 16,514 59,456 124,979 395,860 72,368 59,264 2,556 (12,591) 3,345 118,252 514,112 (23,773)

5,026 517 4,071 1 68,184 2,491 358 2,628 255 670 92,338 176,538 18,734 17,373 59,554 129,193 401,391 71,915 60,251 (292) (12,648) 3,228 115,998 517,389 (18,329)

6,050 765 1,818 3 73,071 999 439 2,917 308 810 90,476 177,657 19,171 17,124 58,927 134,529 407,408 72,592 55,070 243 (13,094) 3,212 111,600 519,008 (20,426)

6,274 1,009 2,407 24 67,084 2,106 285 2,575 808 1,240 92,207 176,018 19,793 19,478 58,053 142,773 416,114 73,309 52,641 (1,124) (13,314) 2,664 108,848 524,962 (17,489)

Included in Transportation Equipment.

135
U.S. Census Bureau

Table 48.0—Income Statement
For Corporations in NAICS Manufacturing Industry Group 3364, Total Assets $25 Million and Over
Aerospace Products and Parts1 Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1

2Q 2005

3Q 2005

4Q 2005

49,171 1,061 44,808 3,302 751 491 215 (734) 357 2,880 51 (106) 2,935 0 0 2,935 1,178 1,757 55,965 (318) 57,404

45,276 957 41,079 3,240 623 498 195 (23) 618 3,905 710 (1) 3,197 0 0 3,197 669 2,528 56,766 (591) 58,702

50,112 999 45,284 3,829 621 4 345 (141) 626 4,042 868 117 3,056 0 0 3,056 1,113 1,943 58,801 (54) 60,689

46,062 945 41,603 3,514 621 3 279 (5) 626 3,795 477 90 3,229 0 0 3,229 679 2,549 59,766 232 62,548

52,119 995 47,693 3,431 623 1 396 (170) 633 3,668 813 70 2,785 0 0 2,785 1,178 1,607 61,452 (162) 62,898

(percent of net sales) 100.0 2.2 91.1 6.7 1.5 1.0 0.4 (1.5) 0.7 5.9 (0.1) 6.0 100.0 2.1 90.7 7.2 1.4 1.1 0.4 (0.1) 1.4 8.6 1.6 7.1 (percent) 100.0 2.0 90.4 7.6 1.2 0.0 0.7 (0.3) 1.2 8.1 2.0 6.1 100.0 2.1 90.3 7.6 1.3 0.0 0.6 0.0 1.4 8.2 1.2 7.0 100.0 1.9 91.5 6.6 1.2 0.0 0.8 (0.3) 1.2 7.0 1.7 5.3

15.99 16.29 4.71 4.80

21.29 17.43 6.09 4.98

21.74 16.44 6.19 4.68

20.89 17.77 5.72 4.86

19.35 14.70 5.48 4.16

Included in Transportation Equipment.

136
U.S. Census Bureau

Table 48.1—Balance Sheet
For Corporations in NAICS Manufacturing Industry Group 3364, Total Assets $25 Million and Over
Aerospace Products and Parts1 Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . .
1

4Q 2004

1Q 2005 (million dollars)

2Q 2005

3Q 2005

4Q 2005

7,770 291 0 8,062 0 8 0 0 0 2,391 10,461 34,278 13,693 47,970 37,719 15,399 111,549 62,370 1,857 36,641 27,587 22 105,585 244,742

10,020 226 0 10,246 0 14 0 0 0 1,584 11,843 35,905 13,986 49,891 41,709 17,210 120,653 61,672 1,737 36,384 27,024 15 108,930 256,622

10,028 156 1 10,184 0 3 0 0 0 2,178 12,365 37,503 14,579 52,082 41,525 19,494 125,466 58,839 1,720 33,974 26,585 27 109,115 261,193

9,865 129 1 9,995 0 3 0 0 0 2,225 12,223 37,757 14,551 52,308 43,497 19,378 127,406 59,982 1,800 34,914 26,868 27 111,322 265,622

10,497 208 1 10,706 0 3 0 0 0 2,281 12,989 37,525 15,440 52,965 45,088 19,391 130,433 61,584 1,822 35,281 28,125 27 108,997 267,582

637 1,223 160 36,279 14,002 1,602 85 254 1,725 186 44,486 100,640 3,344 15,492 13,088 40,123 172,687 45,372 57,404 1,008 (8,395) 23,333 72,056 244,742 10,909

834 526 210 37,822 14,232 2,292 73 578 1,496 183 52,648 110,894 2,723 15,433 12,932 41,256 183,239 46,654 58,702 781 (8,929) 23,824 73,384 256,622 9,758

785 929 167 39,767 14,550 2,394 180 621 883 364 52,247 112,887 2,564 15,261 15,209 40,920 186,840 47,047 60,689 435 (9,248) 24,570 74,353 261,193 12,579

626 1,147 488 40,414 14,319 2,223 179 565 995 624 55,069 116,648 2,520 15,089 15,159 43,546 192,962 46,514 62,548 552 (10,616) 26,337 72,660 265,622 10,758

1,191 1,783 617 40,185 15,055 2,137 96 554 1,465 1,020 54,462 118,564 2,525 13,759 14,397 42,525 191,771 48,080 62,898 553 (7,564) 28,155 75,811 267,582 11,869

Included in Transportation Equipment.

137
U.S. Census Bureau

Table 49.0—Income Statement
For Corporations in NAICS Manufacturing Subsector 337, Total Assets $25 Million and Over
Furniture and Related Products Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16.17 11.11 8.17 5.61 17.49 12.56 8.82 6.33 15.45 9.68 7.30 4.58 19.86 14.12 9.04 6.42 18.72 13.77 8.97 6.60 100.0 2.4 90.8 6.8 1.1 0.0 0.1 (0.2) 0.1 5.8 1.8 4.0 100.0 2.3 90.4 7.3 1.1 0.0 (0.1) (0.3) 0.3 6.1 1.7 4.4 (percent) 100.0 2.2 91.6 6.3 1.3 0.0 (0.1) (0.4) 0.5 4.9 1.8 3.1 100.0 2.2 89.6 8.2 1.4 0.0 (0.3) (0.4) (0.1) 6.1 1.8 4.4 100.0 2.1 90.1 7.8 1.3 0.0 (0.1) (0.6) (0.1) 5.8 1.5 4.2 9,424 225 8,554 644 105 2 13 (15) 12 551 151 22 379 1 0 379 208 171 10,471 (53) 10,590 10,064 235 9,098 730 111 1 (9) (32) 31 610 157 15 438 0 0 438 312 126 10,940 (111) 10,955 10,085 218 9,233 634 132 1 (10) (42) 47 496 166 19 311 0 0 311 945 (634) 10,955 (95) 10,226 10,550 229 9,451 870 146 3 (28) (44) (9) 646 159 27 459 0 0 459 432 27 10,234 17 10,279 10,848 227 9,777 844 136 2 (9) (66) (11) 625 141 24 460 0 0 460 275 185 10,960 (268) 10,877 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

138
U.S. Census Bureau

Table 49.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsector 337, Total Assets $25 Million and Over
Furniture and Related Products Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . . 226 0 84 0 1,966 61 36 590 6 27 2,713 5,707 4,074 743 981 1,840 13,345 4,049 10,590 (1) (222) 785 13,631 26,976 5,885 590 0 164 0 2,006 85 55 182 5 32 2,996 6,115 4,111 741 949 1,797 13,712 4,058 10,955 128 (347) 839 13,955 27,667 5,890 603 10 134 0 2,036 56 24 211 9 42 2,979 6,103 4,458 776 1,164 1,830 14,331 3,762 10,226 90 (359) 869 12,850 27,181 5,722 606 22 117 0 2,203 105 39 195 6 71 3,144 6,509 5,058 941 1,229 1,837 15,574 3,984 10,279 115 (397) 976 13,006 28,579 6,242 366 30 154 0 2,069 72 63 402 7 92 3,139 6,393 4,148 873 1,165 1,945 14,524 3,885 10,877 94 (413) 1,086 13,358 27,882 5,797 1,261 68 0 1,329 7 33 235 321 0 199 2,124 71 4,046 4,117 4,116 1,235 11,592 14,150 442 8,570 6,022 21 9,341 26,976 4Q 2004 1Q 2005 (million dollars) 1,062 89 0 1,151 10 33 164 136 0 283 1,778 45 4,466 4,511 4,325 1,392 12,005 14,557 504 8,884 6,177 17 9,468 27,667 947 101 29 1,078 11 28 58 159 0 161 1,495 42 4,325 4,367 4,556 1,408 11,826 14,150 484 8,474 6,160 12 9,184 27,181 1,382 125 32 1,539 10 19 54 180 0 136 1,938 41 4,583 4,624 4,674 1,515 12,751 14,049 591 8,605 6,035 9 9,784 28,579 1,252 268 22 1,542 10 13 208 198 0 179 2,149 61 4,105 4,167 4,494 1,380 12,189 13,728 532 8,487 5,773 6 9,913 27,882 2Q 2005 3Q 2005 4Q 2005

139
U.S. Census Bureau

Table 50.0—Income Statement
For Corporations in NAICS Manufacturing Subsector 339, Total Assets $25 Million and Over
Miscellaneous Manufacturing Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22.82 17.91 11.69 9.18 24.12 18.12 12.71 9.55 20.04 12.97 10.81 7.00 22.50 16.77 12.02 8.96 22.16 16.31 12.08 8.89 100.0 3.7 81.7 14.6 1.8 0.2 0.6 (0.7) 4.9 17.7 3.8 13.9 100.0 3.9 81.3 14.8 1.9 0.1 0.3 0.9 5.3 19.4 4.8 14.6 (percent) 100.0 3.8 84.4 11.7 1.8 0.2 0.1 (0.1) 5.6 15.8 5.6 10.2 100.0 3.9 81.8 14.3 1.8 0.1 0.0 (1.3) 6.5 17.8 4.5 13.3 100.0 3.9 84.1 12.0 1.8 0.2 1.6 (0.5) 6.1 17.6 4.7 13.0 23,281 872 19,019 3,390 420 58 139 (167) 1,129 4,129 840 49 3,240 0 0 3,240 1,323 1,918 44,426 (256) 46,088 23,596 913 19,189 3,494 448 18 75 201 1,240 4,579 1,003 136 3,440 0 0 3,440 570 2,870 47,960 (414) 50,416 24,477 931 20,671 2,875 441 45 32 (22) 1,373 3,862 1,227 136 2,499 0 71 2,570 648 1,923 49,854 (17) 51,759 25,058 988 20,495 3,575 439 27 8 (326) 1,625 4,470 1,032 107 3,332 0 0 3,332 634 2,698 52,833 (355) 55,176 25,782 994 21,682 3,106 474 54 405 (118) 1,569 4,542 1,092 108 3,341 0 (26) 3,316 1,368 1,948 54,714 12 56,674 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

140
U.S. Census Bureau

Table 50.1—Balance Sheet
For Corporations in NAICS Manufacturing Subsector 339, Total Assets $25 Million and Over
Miscellaneous Manufacturing Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . . 1,308 1,367 743 6 4,808 2,037 320 1,307 1,015 612 15,817 29,340 12,696 5,906 8,356 12,556 68,854 42,269 46,088 1,756 (887) 16,835 72,391 141,245 9,912 1,088 1,280 517 3 5,215 2,192 332 1,694 1,461 1,094 14,222 29,098 12,146 6,489 8,006 12,434 68,172 41,860 50,416 1,496 (429) 17,411 75,932 144,104 11,239 1,237 772 227 2 5,171 2,464 340 1,674 1,046 1,011 13,255 27,200 12,698 5,852 7,621 12,435 65,806 43,971 51,759 546 (381) 18,809 77,085 142,891 12,378 1,529 2,132 261 6 5,294 2,434 318 1,509 1,056 981 14,051 29,572 12,513 6,380 7,296 13,547 69,308 43,988 55,176 425 (894) 19,217 79,478 148,787 13,174 1,486 955 303 1 5,399 2,596 227 2,087 515 1,117 15,105 29,791 10,640 6,347 7,610 13,992 68,380 45,983 56,674 387 (834) 20,243 81,967 150,347 16,376 5,366 461 132 5,960 128 199 426 18 0 1,411 8,141 115 12,363 12,477 11,143 7,490 39,251 41,318 728 23,490 18,556 491 82,947 141,245 4Q 2004 1Q 2005 (million dollars) 5,073 366 179 5,617 5 147 522 18 0 1,355 7,665 118 12,977 13,095 12,054 7,523 40,337 43,339 818 24,712 19,444 999 83,324 144,104 4,012 310 200 4,521 17 127 105 467 0 1,683 6,920 135 12,926 13,061 12,263 7,335 39,579 43,841 763 25,181 19,423 484 83,406 142,891 4,551 593 264 5,408 34 83 396 519 0 1,280 7,720 127 14,224 14,351 13,115 7,562 42,747 44,422 783 25,332 19,873 479 85,688 148,787 7,523 493 199 8,214 35 424 547 229 0 1,763 11,213 138 13,806 13,944 13,244 7,766 46,167 45,215 786 25,743 20,258 427 83,495 150,347 2Q 2005 3Q 2005 4Q 2005

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U.S. Census Bureau

Table 51.0—Income Statement
For Corporations in NAICS Manufacturing Sector, Nondurable Manufacturing Subsectors, and Durable Manufacturing Subsectors, By Size of Total Assets
All Manufacturing Total Assets $25 Million and Over Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19.54 15.71 8.18 6.58 20.08 15.51 8.40 6.49 22.55 17.27 9.46 7.24 22.77 17.31 9.52 7.23 20.79 16.34 8.79 6.91 100.0 3.2 90.7 6.1 1.7 0.3 1.1 (0.2) 3.8 9.4 1.8 7.5 100.0 3.2 90.2 6.6 1.7 0.3 1.0 (0.5) 4.4 9.9 2.3 7.7 (percent) 100.0 2.9 90.0 7.1 1.6 0.2 1.0 0.0 3.8 10.5 2.5 8.0 100.0 2.9 90.5 6.5 1.7 0.4 1.3 (0.1) 4.0 10.5 2.5 8.0 100.0 2.9 91.2 5.9 1.7 0.7 1.2 (0.2) 3.7 9.6 2.0 7.5 1,155,665 36,987 1,047,683 70,996 19,966 3,400 12,200 (1,965) 43,677 108,342 18,504 2,698 87,140 29 16 87,184 36,886 50,298 1,157,158 (12,311) 1,195,145 1,136,026 36,149 1,024,646 75,231 19,675 2,946 10,812 (6,155) 49,510 112,669 22,519 3,160 86,990 51 0 87,041 40,975 46,067 1,200,005 (25,943) 1,220,129 1,229,469 35,905 1,106,463 87,101 20,210 2,980 11,785 317 46,751 128,724 27,216 2,937 98,571 7 22 98,600 32,262 66,338 1,226,523 (8,642) 1,284,218 1,265,305 37,147 1,145,452 82,705 21,501 5,560 16,203 (747) 50,566 132,786 28,795 3,077 100,914 47 2 100,963 41,606 59,357 1,276,239 (5,775) 1,329,821 1,275,851 36,942 1,163,835 75,074 21,221 9,259 15,444 (3,137) 46,704 122,123 22,355 3,786 95,983 62 18 96,062 41,070 54,993 1,335,734 (9,256) 1,381,470 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

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U.S. Census Bureau

All Nondurable Manufacturing Total Assets $25 Million and Over 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

All Durable Manufacturing Total Assets $25 Million and Over 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 579,112 17,868 519,543 41,701 10,523 2,156 1,800 1,104 24,488 60,725 10,561 1,986 48,179 5 1 48,185 25,095 23,090 732,656 (2,974) 752,772 578,702 17,416 512,229 49,057 10,300 1,653 3,215 (629) 28,689 71,684 13,655 1,868 56,162 (2) 0 56,160 29,603 26,557 753,453 (5,153) 774,857 628,798 17,143 558,451 53,205 10,583 2,337 900 (793) 28,609 73,675 14,441 1,718 57,517 6 (50) 57,473 20,470 37,004 776,218 (3,337) 809,885 672,703 17,531 605,110 50,062 10,968 5,259 7,419 461 31,045 83,278 17,580 1,963 63,735 1 1 63,737 29,999 33,738 803,806 (1,665) 835,879 660,155 17,395 598,188 44,572 10,701 8,181 7,416 (812) 29,919 78,575 13,971 2,324 62,281 58 24 62,363 26,333 36,030 836,334 (740) 871,624 576,553 19,118 528,140 29,295 9,443 1,244 10,400 (3,069) 19,189 47,616 7,943 712 38,961 23 15 38,999 11,791 27,208 424,502 (9,338) 442,372

(million dollars) 557,324 18,732 512,417 26,175 9,375 1,294 7,597 (5,526) 20,822 40,985 8,864 1,292 30,829 53 0 30,882 11,372 19,510 446,552 (20,790) 445,273 600,671 18,762 548,013 33,896 9,627 643 10,884 1,110 18,142 55,049 12,775 1,219 41,054 1 71 41,126 11,793 29,334 450,305 (5,305) 474,333 592,602 615,696 19,617 19,546 540,342 565,648 32,643 10,533 301 8,784 (1,208) 19,520 49,507 11,214 1,114 37,179 46 1 37,226 11,606 25,620 30,502 10,519 1,078 8,028 (2,325) 16,784 43,548 8,384 1,463 33,702 4 (7) 33,699 14,737 18,963

472,433 499,400 (4,110) (8,516)

493,942 509,846

(percent of net sales) 100.0 3.1 89.7 7.2 1.8 0.4 0.3 0.2 4.2 10.5 2.2 8.3 100.0 3.0 88.5 8.5 1.8 0.3 0.6 (0.1) 5.0 12.4 2.7 9.7 (percent) 100.0 2.7 88.8 8.5 1.7 0.4 0.1 (0.1) 4.5 11.7 2.6 9.1 100.0 2.6 90.0 7.4 1.6 0.8 1.1 0.1 4.6 12.4 2.9 9.5 100.0 2.6 90.6 6.8 1.6 1.2 1.1 (0.1) 4.5 11.9 2.5 9.4 100.0 3.3 91.6 5.1 1.6 0.2 1.8 (0.5) 3.3 8.3 1.5 6.8

(percent of net sales) 100.0 3.4 91.9 4.7 1.7 0.2 1.4 (1.0) 3.7 7.4 1.8 5.5 (percent) 100.0 3.1 91.2 5.6 1.6 0.1 1.8 0.2 3.0 9.2 2.3 6.8 100.0 3.3 91.2 5.5 1.8 0.1 1.5 (0.2) 3.3 8.4 2.1 6.3 100.0 3.2 91.9 5.0 1.7 0.2 1.3 (0.4) 2.7 7.1 1.6 5.5

24.22 19.22 9.73 7.72

27.93 21.88 11.34 8.89

27.98 21.84 11.49 8.97

30.62 23.43 12.54 9.60

28.58 22.65 12.02 9.53

15.67 12.82 6.81 5.57

13.46 10.13 5.79 4.35

17.90 13.35 7.65 5.70

15.91 11.95 6.78 5.09

13.94 10.79 5.92 4.58

143
U.S. Census Bureau

Table 51.1—Balance Sheet
For Corporations in NAICS Manufacturing Sector, Nondurable Manufacturing Subsectors, and Durable Manufacturing Subsectors, By Size of Total Assets
All Manufacturing Total Assets $25 Million and Over Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Capital stock and other capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative foreign currency translation adjustment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other stockholders’ equity items (unearned compensation, ESOP debt guarantees, etc.). . . . . . . Less: Treasury stock, at cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Stockholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Liabilities and Stockholders’ Equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . NET WORKING CAPITAL: Excess of total current assets over total current liabilities . . . . . . . . . 30,913 50,679 32,058 61,768 349,318 49,288 8,539 23,311 29,068 34,079 561,954 1,230,976 237,662 367,922 384,556 855,532 3,076,647 1,499,210 1,195,145 26,877 (60,123) 442,799 2,218,310 5,294,957 306,532 37,154 55,187 34,039 62,466 355,266 55,687 9,065 27,181 25,375 34,005 560,851 1,256,277 241,576 366,252 387,748 866,149 3,118,001 1,522,204 1,220,129 19,722 (61,530) 456,376 2,244,149 5,362,150 317,095 35,240 51,263 36,161 67,175 369,784 54,071 9,157 27,436 25,158 36,533 581,029 1,293,005 244,915 363,983 393,379 865,523 3,160,805 1,530,476 1,284,218 4,183 (59,811) 475,852 2,283,214 5,444,018 330,559 35,523 56,802 33,907 68,003 384,860 52,433 7,577 26,251 27,366 33,690 635,441 1,361,854 243,215 358,829 388,511 894,520 3,246,929 1,559,566 1,329,821 5,336 (59,206) 503,058 2,332,460 5,579,389 340,991 32,398 51,357 35,345 68,600 387,335 52,411 7,175 25,444 30,254 33,152 622,926 1,346,397 239,878 347,398 381,467 894,154 3,209,294 1,560,252 1,381,470 (52) (69,669) 522,390 2,349,611 5,558,906 377,305 160,225 28,710 21,358 210,292 3,525 17,761 52,157 8,326 542 60,192 352,797 42,319 445,218 487,537 435,732 261,441 1,537,507 2,104,146 95,739 1,155,484 1,044,401 13,357 2,699,692 5,294,957 4Q 2004 1Q 2005 (million dollars) 147,504 31,101 21,043 199,648 3,402 17,440 48,308 8,465 516 60,778 338,556 43,596 464,486 508,082 460,140 266,595 1,573,372 2,130,133 95,635 1,179,342 1,046,426 12,666 2,729,686 5,362,150 154,241 32,017 23,526 209,784 3,895 18,689 48,081 7,854 487 61,421 350,212 45,779 481,420 527,199 467,834 278,319 1,623,564 2,140,693 95,874 1,187,882 1,048,686 12,727 2,759,042 5,444,018 164,638 34,568 24,677 223,883 4,772 15,661 49,946 8,486 452 82,087 385,286 46,747 492,049 538,796 476,873 301,890 1,702,844 2,172,926 96,902 1,204,762 1,065,066 12,940 2,798,539 5,579,389 186,198 43,826 29,560 259,584 5,844 20,034 59,652 8,135 609 76,636 430,494 47,525 476,405 523,931 477,356 291,921 1,723,702 2,175,469 97,579 1,204,031 1,069,017 12,925 2,753,261 5,558,906 2Q 2005 3Q 2005 4Q 2005

144
U.S. Census Bureau

All Nondurable Manufacturing Total Assets $25 Million and Over 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

All Durable Manufacturing Total Assets $25 Million and Over 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 54,299 10,113 10,862 75,274 1,073 4,097 7,325 2,495 387 25,609 116,259 659 206,799 207,459 179,556 98,435 601,709 52,367 13,305 13,781 79,454 1,284 3,920 6,975 2,446 378 25,376 119,831 633 210,844 211,477 188,299 100,460 620,067 53,792 13,939 13,414 81,145 1,448 4,727 7,965 1,834 421 26,166 123,705 733 218,625 219,358 189,160 105,573 637,797 62,053 17,231 12,962 92,247 1,628 3,858 10,022 1,880 431 46,129 156,194 735 224,444 225,179 192,716 129,822 703,911 67,737 22,444 12,827 103,008 2,478 4,081 10,444 1,946 586 42,441 164,983 836 214,338 215,174 191,456 117,907 689,520 105,927 18,596 10,496 135,019 2,452 13,665 44,833 5,831 156 34,583 236,538 41,660 238,419 280,079 256,176 163,006 935,798 950,542 37,789 538,412 449,918 10,624

(million dollars) 95,136 17,796 7,262 120,195 2,118 13,520 41,333 6,019 138 35,402 218,725 42,963 253,642 296,605 271,841 166,135 953,305 959,548 38,034 548,407 449,174 10,544 100,449 18,077 10,112 128,639 2,447 13,962 40,116 6,021 66 35,255 226,506 45,046 262,796 307,841 278,674 172,746 985,767 970,482 38,377 555,918 452,942 10,436 102,585 17,337 11,714 131,636 3,144 11,803 39,923 6,606 21 35,958 229,092 46,012 267,604 313,616 284,157 172,068 985,730 38,872 566,133 458,468 10,798 118,462 21,382 16,733 156,577 3,366 15,953 49,209 6,189 23 34,195 265,512 46,689 262,067 308,757 285,899 174,014 990,349 39,293 565,961 463,681 10,547

998,933 1,034,182

1,153,604 1,170,585 1,170,211 1,187,196 1,185,120 57,951 57,602 57,497 58,030 58,286 617,072 630,935 631,964 638,629 638,070 594,483 2,732 597,252 2,122 595,744 2,291 606,598 2,142 605,336 2,378

1,297,510 1,308,854 1,329,091 1,343,796 1,316,952 1,402,182 1,420,832 1,429,951 1,454,743 1,436,309 2,496,434 2,528,294 2,564,923 2,656,448 2,614,187 2,798,523 2,833,856 2,879,095 2,922,942 2,944,719

15,133 39,813 18,119 128 149,993 22,634 4,053 10,873 16,064 23,290 213,797 513,895 120,359 219,734 214,678 425,026 558,187 752,772 4,834 (28,338) 284,713

17,945 43,036 18,538 125 147,998 26,355 4,949 12,043 14,274 23,304 205,443 514,009 122,250 216,899 217,637 430,898 570,664 774,857 1,476 (30,090) 290,305

14,931 40,376 19,631 122 159,825 24,303 5,348 11,278 15,079 25,041 215,129 531,064 122,356 213,101 219,868 425,123 575,033 809,885 (3,429) (29,519) 298,558

15,285 41,015 19,932 128 167,886 24,348 3,807 10,846 17,684 22,630 263,020 586,584 120,585 205,881 216,342 439,181 596,133 835,879 (3,543) (25,888) 314,707

11,867 35,956 19,365 67 169,774 22,780 3,581 10,072 18,205 23,221 241,900 556,787 118,954 195,654 209,205 433,847 591,643 871,624 (5,549) (33,354) 324,624

15,780 10,866 13,939 61,640 199,326 26,654 4,486 12,438 13,004 10,789 348,157 717,080 117,303 148,188 169,878 430,506 941,023 442,372 22,043 (31,784) 158,085

19,209 12,151 15,501 62,342 207,269 29,331 4,116 15,138 11,101 10,702 355,408 742,268 119,326 149,353 170,111 435,251 951,540 445,273 18,246 (31,440) 166,072

20,308 10,887 16,530 67,053 209,959 29,768 3,809 16,157 10,080 11,491 365,899 761,941 122,558 150,882 173,511 440,400 955,442 474,333 7,612 (30,291) 177,294

20,238 15,787 13,974 67,875 216,973 28,085 3,769 15,405 9,682 11,060 372,421 775,269 122,630 152,948 172,169 455,340 963,433 493,942 8,880 (33,318) 188,350

20,531 15,401 15,979 68,534 217,561 29,631 3,594 15,372 12,049 9,932 381,026 789,610 120,924 151,745 172,262 460,307 968,609 509,846 5,497 (36,315) 197,766

1,493,693 1,501,693 1,511,512 1,568,573 1,514,447 1,582,954 1,616,308 1,649,293 1,678,356 1,694,847

1,002,742 1,026,601 1,053,411 1,087,875 1,099,740 1,215,569 1,217,547 1,229,803 1,244,586 1,249,872 2,496,434 2,528,294 2,564,923 2,656,448 2,614,187 2,798,523 2,833,856 2,879,095 2,922,942 2,944,719 87,814 106,058 106,733 117,327 132,733 218,718 211,037 223,826 223,664 244,572

145
U.S. Census Bureau

Table 52.0—Income Statement
For Corporations in NAICS Manufacturing Sector, Nondurable Manufacturing Subsectors, and Durable Manufacturing Subsectors, By Size of Total Assets
All Manufacturing Total Assets $25 Million to $50 Million Item 4Q 2004 1Q 2005 (million dollars) Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses, including cost of goods sold, selling, general, and administrative expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of domestic and foreign nonconsolidated subsidiaries and other investments accounted for by the equity method, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Extraordinary gains (losses), net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cumulative effect of accounting changes, net of taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net income (or loss) for quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Cash dividends charged to retained earnings in current quarter . . . . . . . . . . . . . . . . . . . . . . . . . . Net income retained in business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at beginning of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other direct credits (charges) to retained earnings (net), including stock and other non-cash dividends, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retained earnings at end of quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . INCOME STATEMENT IN RATIO FORMAT Net sales, receipts, and operating revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Depreciation, depletion, and amortization of property, plant, and equipment . . . . . . . . . . . . . . . . . All other operating costs and expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) from operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other recurring nonoperating income (expense), including interest income, royalties, minority interest, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonrecurring items (gain/loss on sale of assets, restructuring costs, asset writedowns, etc). . . . . Net income (loss) of foreign branches and equity in earnings (losses) of nonconsolidated subsidiaries, net of foreign taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) before income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Provision for current and deferred domestic income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income (or loss) after income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OPERATING RATIOS (see explanatory notes) Annual rate of profit on stockholders’ equity at end of period: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Annual rate of profit on total assets: Before income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . After income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9.53 7.47 4.18 3.28 11.01 8.41 4.78 3.65 19.45 15.49 8.09 6.44 22.55 18.45 9.62 7.87 13.68 9.38 6.15 4.22 100.0 2.6 93.4 4.0 1.0 0.0 (0.5) (0.3) 0.1 2.3 0.5 1.8 100.0 2.8 93.2 4.0 1.1 0.1 (0.3) 0.2 0.0 2.8 0.7 2.1 (percent) 100.0 2.5 92.0 5.5 1.1 0.0 (0.2) 0.2 0.0 4.4 0.9 3.5 100.0 2.3 90.6 7.1 1.3 0.0 (0.7) 0.1 0.0 5.2 1.0 4.3 100.0 2.7 93.0 4.4 1.4 0.0 0.4 0.2 0.0 3.6 1.1 2.4 33,115 864 30,940 1,310 346 1 (152) (84) 21 750 154 9 588 0 (10) 577 737 (160) 7,256 (48) 7,048 30,382 854 28,308 1,220 343 16 (99) 49 7 850 195 6 649 0 0 649 735 (86) 3,689 (201) 3,402 33,604 846 30,910 1,847 379 0 (57) 68 7 1,486 292 11 1,183 0 0 1,183 1,848 (665) 7,696 (98) 6,933 33,296 776 30,173 2,348 416 1 (227) 37 5 1,747 308 10 1,429 0 0 1,429 808 621 9,116 (36) 9,701 30,117 804 27,996 1,317 413 1 106 56 3 1,070 324 13 734 0 0 734 647 87 12,525 (24) 12,589 2Q 2005 3Q 2005 4Q 2005

(percent of net sales)

146
U.S. Census Bureau

All Nondurable Manufacturing Total Assets $25 Million to $50 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

All Durable Manufacturing Total Assets $25 Million to $50 Million 4Q 2004 1Q 2005 2Q 2005 3Q 2005 4Q 2005

(million dollars) 15,314 356 14,233 725 167 0 (49) (29) 9 490 50 2 437 0 0 437 323 115 7,265 7 7,387 13,141 343 12,194 604 155 0 13 4 5 471 74 2 394 0 0 395 247 147 4,936 (1) 5,083 13,529 354 12,702 473 170 0 29 7 2 341 26 2 313 0 0 313 246 67 4,330 (71) 4,326 13,680 303 12,579 799 204 0 38 9 1 643 67 2 574 0 0 574 339 235 4,374 (75) 4,534 11,708 291 11,208 208 171 1 52 44 3 137 72 7 58 0 0 58 166 (109) 3,504 16 3,411 17,801 509 16,707 585 179 1 (103) (55) 12 260 104 6 150 0 (10) 140 415 (274) (10) (55) (339)

(million dollars) 17,241 511 16,114 616 188 16 (113) 46 2 379 121 4 254 0 0 255 488 (233) (1,247) (200) (1,681) 20,075 492 18,209 1,374 209 0 (86) 61 4 1,145 266 9 870 0 0 870 1,602 (733) 3,366 (27) 2,607 19,616 473 17,594 1,549 213 0 (266) 29 4 1,104 241 8 855 0 0 855 470 385 4,742 40 5,166 18,409 512 16,788 1,109 241 0 54 12 1 933 252 5 676 0 0 676 481 196 9,022 (40) 9,177

(percent of net sales) 100.0 2.3 92.9 4.7 1.1 0.0 (0.3) (0.2) 0.1 3.2 0.3 2.9 100.0 2.6 92.8 4.6 1.2 0.0 0.1 0.0 0.0 3.6 0.6 3.0 (percent) 100.0 2.6 93.9 3.5 1.3 0.0 0.2 0.1 0.0 2.5 0.2 2.3 100.0 2.2 91.9 5.8 1.5 0.0 0.3 0.1 0.0 4.7 0.5 4.2 100.0 2.5 95.7 1.8 1.5 0.0 0.4 0.4 0.0 1.2 0.7 0.5 100.0 2.9 93.9 3.3 1.0 0.0 (0.6) (0.3) 0.1 1.5 0.6 0.8

(percent of net sales) 100.0 3.0 93.5 3.6 1.1 0.1 (0.7) 0.3 0.0 2.2 0.7 1.5 (percent) 100.0 2.5 90.7 6.8 1.0 0.0 (0.4) 0.3 0.0 5.7 1.4 4.3 100.0 2.4 89.7 7.9 1.1 0.0 (1.4) 0.1 0.0 5.6 1.3 4.4 100.0 2.8 91.2 6.0 1.3 0.0 0.3 0.1 0.0 5.1 1.4 3.7

16.97 15.16 6.90 6.17

16.79 14.06 6.81 5.71

12.54 11.51 4.92 4.52

24.36 21.72 9.42 8.40

5.25 2.22 2.18 0.92

5.22 3.01 2.40 1.39

7.72 5.18 3.48 2.34

23.27 17.68 10.02 7.61

21.62 16.75 9.74 7.55

17.88 12.95 8.39 6.08

147
U.S. Census Bureau

Table 52.1—Balance Sheet
For Corporations in NAICS Manufacturing Sector, Nondurable Manufacturing Subsectors, and Durable Manufacturing Subsectors, By Size of Total Assets
All Manufacturing Total Assets $25 Million to $50 Million Item ASSETS Cash and demand deposits in the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Time deposits in the U.S., including negotiable certificates of deposit . . . . . . . . . . . . . . . . . . . . . . Deposits outside the U.S. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total cash on hand and in banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities: a. Subject to agreements to sell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Commercial and finance company paper of U.S. issuers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State and local government securities, due in 1 year or less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Foreign securities, due in 1 year or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other short-term financial investments, including bankers’ acceptances . . . . . . . . . . . . . . . . . . . . Total cash, U.S. government and other securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade receivables from U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other trade accounts and trade notes receivable (less allowance for doubtful accounts) . . . . . . . Total receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Land and mineral rights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less: Accumulated depreciation, depletion, and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . Net property, plant, and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . U.S. Treasury and Federal agency securities, due in more than 1 year. . . . . . . . . . . . . . . . . . . . . All other noncurrent assets, including investment in nonconsolidated entities, long-term investments, intangibles, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LIABILITIES AND STOCKHOLDERS’ EQUITY Short-term debt, original maturity of 1 year or less: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Commercial paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other short-term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Advances and prepayments by U.S. government . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Trade accounts and trade notes payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Income taxes accrued, prior and current years, net of payments: a. Federal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Installments, due in 1 year or less, on long-term debt: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other current liabilities, including excise and sales taxes, and accrued expenses . . . . . . . . . . Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Long-term debt, due in more than 1 year: a. Loans from banks. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b. Bonds and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c. Other long-term loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All other noncurrent liabilities, including deferred income taxes, capitalized leases, and minority stockholders’ interest in consolidated domestic corporations . . . . . . . . . . . . . . . . . . Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .