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  • 1. 2001 DATA BOOK
  • 2. NOTE FROM INVESTOR RELATIONS CONTENTS On February 11, 2002, DuPont announced the 1 DuPont Leadership alignment of its businesses into five market- and technology-focused Growth Platforms as well as 2 2001 @ a Glance the intention to create and ultimately separate a Textiles and Interiors subsidiary (DTI). These 4 Corporate Financial Data actions mark the next major step towards becom- ing a sustainable growth company. 15 The DuPont Commitment: In 2001 DuPont reported its financial results by Safety, Health and the Environment the nine reporting segments described in our 2001 Annual Report. Under the former reporting struc- 16 2001 Reporting Segments ture, the Strategic Business Units were the operat- Polyester Agriculture & Nutrition ing units. Going forward, the operating units of DuPont are the five Growth Platforms and DTI. Specialty Fibers Nylon Our 2002 financial reporting segments will coin- Specialty Polymers Performance Coatings cide with these new operating units and will & Polymers reflect how the businesses are now managed. Pharmaceuticals Pigments & Chemicals To help Data Book users better understand the Other transformation, we present 2001 performance information under both reporting structures. This 24 Organizing for Sustainable Growth year’s Data Book begins with corporate financial data and proceeds to segment overviews orga- 28 2002 Reporting Segments nized by the 2001 reporting segments – both of Agriculture & Nutrition Safety & Protection these sections parallel the 2001 Annual Report. The third section gives an overview of the realign- Coatings & Color Technologies Textiles & Interiors ment, and the fourth section presents reclassified Electronic & Communication Pharmaceuticals financial, product and operations data under the Technologies new reporting segments. Other Performance Materials By organizing the data this way, we have provided a guide to the operating transition that DuPont will 48 Sites and Principal Products undergo in 2002. We hope you find this useful. DUPONT INVESTOR RELATIONS Main Office Number: (302) 774-4994 Fax: (302) 773-2631 Internet: www.dupont.com Raymond G. Anderson Joyce A. McGhee Diane F. Eller Ann K. M. Gualtieri Director Manager Administrative Assistant Vice President (302) 774-1125 (302) 774-6088 (302) 774-9870 DuPont Investor Relations (302) 774-0583 DuPont DATA BOOK has been prepared to assist financial analysts, portfolio managers and others in understanding and evaluating the company. This book presents graphics, tabular and other statistical data about the consolidated company and its business segments. Dollars are in millions except per share or where otherwise indicated. Most notes to financial statements are not included. This information is only a summary and should be read in conjunction with the company’s audited consolidated financial statements and “Management’s Discussion and Analysis” located in the 2001 Annual Report and on Form 10K filed with the Securities and Exchange Commission. DuPont DATA BOOK is now available on the Web at www.dupont.com. The DuPont Oval Logo, DuPont TM, The miracles of science ® and all products denoted with TM or ® are trademarks or registered trademarks of E.I. du Pont de Nemours and Company or its affiliates. June 2002
  • 3. SENIOR LEADERS BOARD OF DIRECTORS Alain J. P. Belda * †† Chairman and Chief Executive Officer, Alcoa Inc. Richard H. Brown * Chairman and Chief Executive Officer, EDS Thomas M. Connelly v Richard R. Goodmanson v Edward J. Donnelly Diane H. Gulyas Curtis J. Crawford † ††† Senior Vice President & Group Vice President Executive Vice President Group Vice President Chairman, Chief Science & DuPont Coatings & & Chief Operating Officer DuPont Electronic ON Semiconductor Company Technology Officer Color Technologies & Communication Technologies Louisa C. Duemling ** Edward B. du Pont ††† Charles O. Holliday, Jr. * Chairman of the Board and Chief Executive Officer Deborah C. Hopkins † Senior Advisor, Marakon Associates Charles O. Holliday, Jr. v John W. Himes John C. Hodgson W. Donald Johnson Lois D. Juliber * †† Senior Vice President Executive Vice President Chairman & Chief Group Vice President Chief Operating Officer, DuPont Corporate Strategy Executive Officer DuPont Operations Colgate-Palmolive Company & Services Göran Lindahl * ** Chairman, Alliance for Global Sustainability Masahisa Naitoh † Executive Vice Chairman, ITOCHU Corporation William K. Reilly ** ††† President and Chief Executive Officer, Aqua International Partners LP Former Administrator, Ellen J. Kullman George F. MacCormack Steven R. McCracken Howard L. Minigh U.S. Environmental Protection Agency Group Vice President Group Vice President Group Vice President Group Vice President DuPont Safety DuPont Textiles DuPont Textiles DuPont Agriculture H. Rodney Sharp, III † †† & Protection & Interiors & Interiors & Nutrition Charles M. Vest † President, Massachusetts Institute of Technology Board Committees: † Audit †† Compensation ††† Corporate Governance ** Environmental Policy * Strategic Direction Dennis Zeleny5 Stacey J. Mobley v Gary M. Pfeiffer v Craig G. Naylor Senior Vice President Group Vice President Senior Vice President Senior Vice President Chief Administrative DuPont Performance & Chief Financial Officer Global Human Resources Officer & General Counsel Materials v Member, Office of the Chief Executive D P 1 U ONT
  • 4. 2001 @ A GLANCE  DuPont entered a licensing and technology transfer agreement During 2001, DuPont continued its focus on strategic actions to with Osram Opto Semiconductors to manufacture polymer- strengthen its portfolio and to expand its growth technologies based organic light emitting displays (poly-OLEDs), based on and businesses, while executing against a challenging economic technology from UNIAX Corp., a subsidiary of DuPont. Flat environment. We continued our transformation to a sustainable panel displays is one of the fastest growing markets within growth company, pursuing the three strategic initiatives that both business and home electronics, providing increased have guided our direction since 1998: Integrated Science, benefits for end users in wireless applications, including light Knowledge Intensity and Productivity through Six Sigma. weight, increased contrast and brightness, and power During 2001, DuPont also took additional steps toward active efficiency. transformation of the company: APRIL DuPont Pharmaceuticals was sold to Bristol-Myers Squibb for s almost $8 billion. The cash payment provided the company  DuPont announced that it will discontinue the manufacture of with the flexibility to further invest in its growth businesses, its fungicide benomyl and will phase out sales of Benlate® in all reduce net debt and complete the stock repurchase program forms from the global market by December 31, 2001. announced in 2000. MAY The Polyester business was repositioned further with a series s  DuPont formed a new fabric trademark, of joint ventures, alliances and asset sales, reducing capital allocation from DuPont. NeotisTM, and created NeotisTM Studio, a global business unit and direct source for unconven- DuPont completed several smaller acquisitions designed to s tional engineered apparel fabric varieties. strengthen the company’s technology position in displays. NeotisTM Studio fabrics combine the 40-year Additional highlights of the year’s activities included: textile expertise of Lycra® with the distinctive attributes of nonwoven and other engineered JANUARY substrate technologies to add comfort and  DuPont and Air Products and Chemicals, Inc. formed a joint performance features. venture to develop, manufacture and market colloidal silica- The BAX ® system helps JUNE based slurries for applications such as silicon wafer polishing protect food supplies.  Further supporting DuPont’s efforts to and chemical mechanical planarization (CMP) of integrated circuits. These processes are critical to the manufacture of advance poly-OLED technology, DuPont signed a key semiconductors and represent markets that are growing on development agreement with Vitex, a developer of ultra-barrier average in excess of 25 percent per year. films, for the development of innovative plastic substrates and DuPont introduced the high-barrier materials for use in poly-OLED displays.  DuPont agreed to acquire the Yun Meng Protein Co. in China as first fully integrated, production-capable digital part of the company’s strategy to expand its high-value soy textile printing solution for protein business in Asia. home furnishings and  DuPont reached a definitive agreement to sell certain of its related industries, using U.S. Polyester Enterprise businesses and manufacturing assets proprietary Artistri TM to Alpek. technology and the JULY DuPont Ink Jet 3210 printer. DuPont and Shipley  HD-MicroSystems, a joint venture of DuPont and Hitachi, Artistri TM technology for digital Microelectronics, a wholly expanded production of its HD-8000 series of photodefinable textile printing. owned subsidiary of Rohm polyimides for single mask, stress buffer passivation and Haas Company, agreed to jointly develop and produce fully applications on semiconductor devices. formulated 157 nanometer photoresists and anti-reflective  DuPont began expansion of its Kevlar® fiber production facility coatings for future generations of semiconductor chips. in Richmond, Virginia, including a new production line based on proprietary DuPont fiber technology. Increased capacity should FEBRUARY be available by the end of 2002.  DuPont dedicated the world’s first continuous polymerization  DuPont reached agreement with Toray Industries and DuPont- plant for making its new SoronaTM 3GT polymer. The continuous Toray on a technical license to manufacture and market fibers process results in a uniform polymer that answers the demand- made from SoronaTM 3GT polymer. ing standards of textile fibers manufacturers, who require a uniform, consistent, high-quality polymer. 1,3 propanediol, or AUGUST PDO, which is a key ingredient in SoronaTM, is currently made  DuPont launched a new consumer ingredient-branding via a petroleum-based process. However, DuPont is developing program for soy protein, introducing healthy food ingredients a biotechnology process using sugar from corn or other crops marketed under the brand name SolaeTM. as the raw material for PDO. 2 D P U ONT
  • 5.  DuPont formed a joint venture with Label  DuPont SafeReturnsTM, an integrated Systems, Inc., DuPont Authentication Systems, safety program to reduce employee injuries, to provide enhanced security solutions for reached a significant milestone – coverage of the product authentication and personal 100,000 people – with the signing of a five-year security markets. contract with The Los Angeles County Metropolitan Transportation Authority  DuPont introduced a new generation of (MTA) Board. protective body armor made with Kevlar® MTP TM (multiple threat protection) technology. DECEMBER The concealable, soft body armor is  Growers planting Pioneer® brand hybrids specifically engineered to counter threats Conveyors made of Delrin ® acetal won 26 of 27 categories in the 2001 National from firearms and ice-pick type weapons. resin modified with Kevlar ® fiber run Corn Growers Association Yield Contest – without lubricants. SEPTEMBER including first place in all nine categories.  DuPont and H Power Corp, a leading fuel cell development Pioneer ® hybrids out-yielded competitive brands nationally by company, signed a joint development agreement aimed at an average of 7.1 bushels per acre, and one grower broke the developing direct methanol fuel cells (DMFC) for portable and 400-bushel per acre mark for the first time in contest history. mobile applications.  DuPont and MIECO Inc., a subsidiary of Tokyo-based general DuPont won several notable awards in 2001: trading company Marubeni Corporation, announced the first- ever transaction of greenhouse gas emissions allowances  Ranked Number 1 as the most socially responsible U.S. under the United Kingdom’s newly developed program. The company in the Fortune survey of “America’s Most transaction marked an important milestone in the development Admired Companies.” of market mechanisms to limit greenhouse gas emissions.  Received the prestigious “Kwaliteit van Werk, Kwaliteit OCTOBER van Leven” (“Quality of Work Means Quality of Life”)  DuPont received $7.8 billion in cash with the completion of the award from the government of Belgium, recognizing sale of its Pharmaceuticals business to Bristol-Myers Squibb. DuPont as the country’s most employee-friendly company. DuPont maintained its interest in Cozaar® / Hyzaar®, anti-  Ranked Number 5 on the list of most desirable places for hypertensive drugs discovered by DuPont and marketed by disabled persons to work in the United States, according Merck & Co. to an annual survey by Careers & the Disabled magazine.  DuPont and Monsanto Company announced that they had  Ranked DuPont Iberica as the most ethical and socially resolved, on mutually beneficial terms, the issues related to responsible company in Spain in a survey by Cinco Dias, Monsanto’s MON810 YieldGard® insect-protected corn trait a leading economic daily newspaper. used in Pioneer Hi-Bred’s corn hybrids.  Ranked among the top U.S. employers for women  DuPont and Cambridge Display Technology entered into a engineers in a survey by Woman Engineer magazine. strategic agreement to advance the commercialization of light  Named to Fortune magazine’s list of the 50 best U.S. emitting polymer (LEP) displays, also known as polymer organic companies for minorities. light emissive displays. This venture is focused on furthering  For the fourth consecutive year, named one of “The 50 the commercialization of LEPs used to create ultra-thin, Best Companies for Latinas to Work for in the U.S.” by lightweight and low-power displays for electronic LatinaStyle magazine. products such as mobile phones, hand-held  Named as one of only five chemical companies to notebooks and other electronic products. London’s FTSE (Financial Times Stock Exchange) list of 100 socially responsible global companies.  Highlighted DuPont TM Coolmax ®/X-Static ® as one of the “best of the new innovations” in the October edition of Money magazine.  Honored DuPont Chairman and CEO Chad Holliday with the Government of Singapore’s National Day Award, a prestigious public service award that recognizes Surlyn Reflections ® ® individuals for their outstanding personal contributions supergloss alloys to Singapore’s economic well being and active promotion deliver scratch- resistant color. of the country’s interests. D P 3 U ONT
  • 6. CORPORATE FINANCIAL DATA Corporate Highlights 2001 2000 (dollars in millions, except per share) Operating Results Sales 24,726 28,268 Underlying Income from Continuing Operations 1,251 2,878 Reported Income from Continuing Operations 4,328 1 2,314 Reported Income from Discontinued Operations – – Net Income 4,339 2,314 Depreciation 1,320 1,415 Cash Provided by Continuing Operations 2,419 5,070 Capital Expenditures 1,634 2,022 Research and Development Expense 4 1,588 1,776 Financial Position, Total Assets 40,319 39,426 Year End Working Capital 6,734 2,401 Total Debt 6,814 9,905 Stockholders’ Equity 14,452 13,299 Data Per Common Share Earnings from Continuing Operations – Underlying 5 1.19 2.73 Earnings from Continuing Operations – Reported 5 4.15 1 2.19 Earnings from Discontinued Operations – Reported 5 – – Earnings 5 4.16 2.19 Dividends 1.40 1.40 Market Price – Year-End Close 42.51 48.31 High-Low Range 49.88 – 32.64 74.00 – 38.19 Book Value at Year-End 14.20 12.57 Average Number of Shares (millions) – Diluted 1,041 1,051 Shares Outstanding – Year-End (millions) 1,002 1,039 Ratios Total Stockholder Return (9)% (24.5)% Dividend Yield 6 3.3% 2.9% Share Price Appreciation (12)% (26.7)% Continuing Operations P/E on Year-End Market Price – Underlying 36 18 Dividend Payout, as percentage of: Underlying Continuing Operations Earnings 117% 51% Cash Provided by Continuing Operations 62% 29% Cash Provided by Continuing Operations per Share 5 2.32 4.82 Return on Average Stockholders’ Equity – Underlying 9.4% 21.8% Return on Average Investors’ Capital – Underlying 7 6.8% 13.8% Cash Provided by Continuing Operations as Percentage of Total Debt 35% 51% Debt to Total Capital 29% 42% Current Ratio 1.8 1.3 Other Totals Number of Employees – Year-End (thousands) Continuing Operations 79 93 Discontinued Operations 8 – – Total 79 93 1 Excludes cumulative effect of a change in accounting principle. 2 Excludes extraordinary item. 3 Includes strategic acquisitions of $4,905, $3,177 and $4,736 in 1999, 1998 and 1997, respectively. 4 Excludes purchased in-process research and development. 5 Diluted, based on average number of common shares. 6 Based on year-end share price. 7 Proforma return on average investors’ capital reflecting the impact of the Conoco split-off on stockholders’ equity and debt equals 16% for 1999, and averaged 17% for 1995 to 1998. 8 Divestiture of Conoco completed August 6, 1999. 4 D P U ONT
  • 7. 1999 1998 1997 26,918 24,767 24,089 Dividends Per Share Earnings Per Share – Diluted 2,843 2,913 3,108 Continuing Operations Before One-Time Items 219 1,648 1,432 (dollars) (dollars) 7,471 3,033 973 $1.50 $3.00 7,690 4,480 2,405 1,444 1,452 1,361 $2.50 4,840 4,132 4,027 $1.25 $2.00 6,988 3 5,480 3 7,075 3 1,617 1,308 1,072 $1.50 40,777 38,536 36,689 $1.00 $1.00 1,425 (2,374) (2,110) $0.50 11,566 11,124 12,049 12,875 13,954 11,270 1997 1998 1999 2000 2001 1997 1998 1999 2000 2001 2.58 2.55 2.70 0.19 1.43 2 1.24 6.80 2.65 0.84 6.99 4.08 2 2.08 1.40 1.365 1.23 65.88 53.06 60.06 75.19 – 50.06 84.44 – 51.69 69.75 – 46.38 Five-Year Performance 1997– 2001 12.09 12.18 9.77 1,098 1,145 1,150 Stockholder Return DuPont S&P 500 1,045 1,126 1,130 Dividend Yield 2.6% 1.3% 26.8% (9.4)% 30.3% 2.1% 2.6% 2.0% Share Price Annual Appreciation (2)% 9.2% 24.1% (11.7)% 27.6% 26 21 22 Total Annual Return* 0.5% 10.7% Dividend Growth 4.7% 1.1% 53% 53% 45% 31% 37% 35% 4.41 3.61 3.50 Ten-Year Performance 1992–2001 21.5% 24.2% 27.5% 13.4% 12.4% 15.1% Stockholder Return DuPont S&P 500 42% 37% 33% 46% 43% 51% Dividend Yield 2.9% 1.9% 1.1 0.8 0.8 Share Price Annual Appreciation 6.2% 10.7% 94 84 82 Total Annual Return* 9.3% 12.9% – 17 16 Dividend Growth 5.2% 2.6% 94 101 98 * Assumes a steady compounded rate of return over the period shown and includes reinvestment of dividends. D P 5 U ONT
  • 8. CORPORATE FINANCIAL DATA Segment Information 1 2001 2000 1999 (dollars in millions) Sales Agriculture & Nutrition 4,316 4,461 3,019 Nylon 2,696 3,149 3,068 Performance Coatings & Polymers 5,754 6,485 6,111 Pharmaceuticals 902 1,487 1,630 Pigments & Chemicals 3,554 3,907 3,660 Polyester 1,895 2,278 2,401 Specialty Fibers 4,418 4,959 5,080 Specialty Polymers 3,875 4,508 4,255 Other 279 443 480 Total Segment Sales 2 27,689 31,677 29,704 Elimination of Transfers (480) (642) (733) Elimination of Equity Affiliate Sales (2,493) (2,773) (2,057) Miscellaneous 10 6 4 Total Sales per Consolidated Financial Statements 24,726 28,268 26,918 After-Tax Operating Income – Underlying Agriculture & Nutrition 244 345 158 Nylon 60 258 303 Performance Coatings & Polymers 377 733 645 Pharmaceuticals 58 133 263 Pigments & Chemicals 469 715 633 Polyester (74) 62 (53) Specialty Fibers 387 740 831 Specialty Polymers 402 714 666 Other (64) (23) 18 Total Underlying After-Tax Operating Income 1,859 3,677 3,464 (311) (493) (330) Interest and Exchange Gains (Losses) Corporate Expenses (281) (306) (291) Corporate Minority Interest (16) – – Underlying Income from Continuing Operations 1,251 2,878 2,843 Net One-Time Items 3 3,077 (564) (2,624) Reported Income from Continuing Operations 4,328 2,314 219 1 Based on 2001 Reporting Segments. 2 Sales include pro rata equity affiliate sales and transfers. 3 For complete details of net one-time items, see DuPont Annual Report. DuPont’s Share of DuPont’s Share of Equity Affiliate Sales Equity Affiliate Earnings 2001 2000 1999 2001 2000 1999 Equity Affiliate Analysis Agriculture & Nutrition 188 190 548 (13) (13) 22 Nylon 160 118 113 (9) 33 29 Performance Coatings & Polymers 627 726 681 13 67 60 Pharmaceuticals – – – – – – Pigments & Chemicals 58 94 88 1 3 2 Polyester 868 970 114 (62) 23 (13) Specialty Fibers 285 336 298 3 36 42 Specialty Polymers 214 266 215 20 41 27 Other 93 73 – – 8 (4) Total Segments 2,493 2,773 2,057 (47) 198 165 6 D P U ONT
  • 9. 2001 2000 1st 2nd 3rd 4th Full Yr. 1st 2nd 3rd 4th Full Yr. Sales Agriculture & Nutrition 1,538 1,517 546 715 4,316 1,549 1,650 586 676 4,461 Nylon 674 708 675 639 2,696 749 804 807 789 3,149 Performance Coatings & Polymers 1,458 1,514 1,381 1,401 5,754 1,653 1,716 1,572 1,544 6,485 Pharmaceuticals 205 304 393 – 902 389 394 389 315 1,487 Pigments & Chemicals 951 952 866 785 3,554 960 1,038 974 935 3,907 Polyester 503 543 429 420 1,895 516 613 594 555 2,278 Specialty Fibers 1,186 1,141 1,060 1,031 4,418 1,316 1,284 1,213 1,146 4,959 Specialty Polymers 1,039 1,009 937 890 3,875 1,091 1,151 1,124 1,142 4,508 Other 81 81 67 50 279 123 143 105 72 443 Total Segment Sales 1 7,635 7,769 6,354 5,931 27,689 8,346 8,793 7,364 7,174 31,677 After-Tax Operating Income – Underlying Agriculture & Nutrition 249 206 (118) (93) 244 233 278 (85) (81) 345 Nylon 17 2 25 16 60 67 74 58 59 258 Performance Coatings & Polymers 132 77 75 93 377 179 190 170 194 733 Pharmaceuticals (64) 10 84 28 58 54 51 41 (13) 133 Pigments & Chemicals 124 123 112 110 469 164 186 169 196 715 Polyester (8) (17) (20) (29) (74) 4 8 20 30 62 Specialty Fibers 151 104 65 67 387 227 191 182 140 740 Specialty Polymers 130 85 90 97 402 165 183 175 191 714 Other 3 (1) (29) (37) (64) – 6 (5) (24) (23) Total 734 589 284 252 1,859 1,093 1,167 725 692 3,677 Interest and Exchange Gain (Losses) (97) (88) (72) (54) (311) (123) (136) (122) (112) (493) Corporate Expenses (70) (69) (76) (66) (281) (72) (82) (66) (86) (306) Corporate Minority Interest – – (8) (8) (16) – – – – – Underlying Income from Continuing Operations 567 432 128 124 1,251 898 949 537 494 2,878 After-Tax Impact of One-Time Items In-Process Research & Development 11 11 Gains/Losses on Business Divestitures, Restructuring Charges, etc. (679) 14 3,791 3,126 (123) (59) (29) (211) Interest, Exchange, Corporate and Tax Items – 19 19 Joint Ventures and Other Investments 34 34 78 (191) (113) Discontinuation of Certain Products, Misc. Asset Sales, Write-downs, and Other (83) (83) (106) (138) (13) (13) (270) Net Impact (83) (645) 14 3,791 3,077 (95) (261) 25 (233) (564) Reported Income from Continuing Operations 2 484 (213) 142 3,915 4,328 803 688 562 261 2,314 2001 2000 1st 2nd 3rd 4th Full Yr. 1st 2nd 3rd 4th Full Yr. Earnings Per Share of Common Stock – Diluted 3 Underlying Earnings from Continuing Operations .54 .41 .12 .12 1.19 .85 .90 .51 .47 2.73 One-Time Items (.08) (.62) .01 3.70 2.96 (.09) (.25) .02 (.22) (.54) Reported Earnings from Continuing Operations .46 (.21) .13 3.82 4.15 .76 .65 .53 .25 2.19 1 Sales include pro rata equity affiliate sales and intersegment transfers. 2 For complete details of earnings adjusted for one-time items, see the DuPont quarterly earnings releases. 3 Earnings per share for the year may not equal the sum of quarterly earnings per share due to changes in average share calculations. D P 7 U ONT
  • 10. CORPORATE FINANCIAL DATA Consolidated Income Statement 2001 2000 1999 1998 1997 (dollars in millions, except per share) Sales 24,726 28,268 26,918 24,767 24,089 Other Income 1 644 934 974 981 1,005 Total 25,370 29,202 27,892 25,748 25,094 Cost of Goods Sold and Other Operating Charges 16,727 18,207 16,991 15,556 15,544 Selling, General and Administrative Expenses 2,925 3,041 2,595 2,115 2,061 Depreciation 1,320 1,415 1,444 1,452 1,361 Amortization of Goodwill and Other Intangible Assets 434 445 246 108 20 Research and Development Expense 1,588 1,776 1,617 1,308 1,072 Interest Expense 590 810 535 520 389 Purchased In-Process Research and Development – (11) 2,250 1,443 1,478 Employee Separation Costs and Write-Down of Assets 1,078 101 524 633 340 Gain on Sale of DuPont Pharmaceuticals (6,136) – – – – Gain on Issuance of Stock by Affiliates – Nonoperating – (29) – – – Total 18,526 25,755 26,202 23,135 22,265 Income from Continuing Operations Before Income Taxes and Minority Interests 6,844 3,447 1,690 2,613 2,829 Provision for Income Taxes 2,467 1,072 1,410 941 1,354 Minority Interests in Earnings of Consolidated Subsidiaries 49 61 61 24 43 Income from Continuing Operations 4,328 2,314 219 1,648 1,432 Discontinued Operations Income from Operations of Discontinued Business, Net of Taxes – – – 594 973 Gain on Disposal of Discontinued Business, Net of Taxes – – 7,471 2,439 – Income Before Extraordinary Item and Cumulative Effect of a Change in Accounting Principle 4,328 2,314 7,690 4,681 2,405 Extraordinary Charge from Early Extinguishment of Debt, Net of Taxes – – – (201) – Cumulative Effect of a Change in Accounting Principle, Net of Taxes 11 – – – – Net Income 4,339 2,314 7,690 4,480 2,405 Diluted Earnings (Loss) Per Share of Common Stock Continuing Operations Before Extraordinary Item and Cumulative Effect of a Change in Accounting Principle 4.15 2.19 .19 1.43 1.24 Discontinued Operations – – 6.80 2.65 .84 Before Extraordinary Item and Cumulative Effect of a Change in Accounting Principle 4.15 2.19 6.99 4.08 2.08 Extraordinary Charge – – – (.18) – Cumulative Effect of a Change in Accounting Principle .01 – – – – Net Income 4.16 2.19 6.99 3.90 2.08 1 Other Income: Equity in earnings (losses) of affiliates (43) 289 135 278 643 Royalty income 380 349 289 159 64 Interest income, net of miscellaneous interest expense 146 168 185 112 131 Gains (losses) on sales of assets 47 394 16 375 64 Miscellaneous income and expense – net 114 (266) 349 57 103 Total Other Income 644 934 974 981 1,005 8 D P U ONT
  • 11. December 31 Consolidated Balance Sheet 2001 2000 1999 1998 1997 (dollars in millions) Assets Current Assets Cash and Cash Equivalents 5,763 1,540 1,466 1,059 1,004 Marketable Securities 85 77 116 10 142 Accounts and Notes Receivable 3,903 4,552 5,318 4,201 4,309 Inventories 4,215 4,658 5,057 3,129 2,792 Prepaid Expenses 217 228 202 192 169 Deferred Income Taxes 618 601 494 645 691 Total Current Assets 14,801 11,656 12,653 9,236 9,107 Property, Plant and Equipment 33,778 34,650 35,416 34,728 32,911 Less: Accumulated Depreciation 20,491 20,468 20,545 20,597 20,310 Net Property, Plant and Equipment 13,287 14,182 14,871 14,131 12,601 Goodwill and Other Intangible Assets 6,897 8,365 8,724 2,566 1,270 Investment in Affiliates 2,045 2,206 1,459 1,796 2,372 Other Assets 3,289 3,017 3,070 2,390 2,941 Net Assets of Discontinued Operations – – – 8,417 8,398 Total 40,319 39,426 40,777 38,536 36,689 Liabilities and Stockholders’ Equity Current Liabilities Accounts Payable 2,219 2,731 2,780 1,929 1,921 Short-Term Borrowings and Capital Lease Obligations 1,464 3,247 4,941 6,629 6,152 Income Taxes 1,295 250 359 130 120 Other Accrued Liabilities 3,089 3,027 3,148 2,922 3,024 Total Current Liabilities 8,067 9,255 11,228 11,610 11,217 Long-Term Borrowings and Capital Lease Obligations 5,350 6,658 6,625 4,495 5,897 Other Liabilities 7,336 7,729 7,872 7,640 7,444 Deferred Income Taxes 2,690 2,105 1,660 430 500 Total Liabilities 23,443 25,747 27,385 24,175 25,058 Minority Interests 2,424 380 517 407 361 Stockholders’ Equity 14,452 13,299 12,875 13,954 11,270 Total 40,319 39,426 40,777 38,536 36,689 D P 9 U ONT
  • 12. CORPORATE FINANCIAL DATA Consolidated Statement of Cash Flows 2001 2000 1999 1998 1997 (dollars in millions) Cash Provided by Continuing Operations Net Income 4,339 2,314 7,690 4,480 2,405 Adjustments to Reconcile Net Income to Cash Provided by Continuing Operations: Net Income from Discontinued Operations – – (7,471) (3,033) (973) Extraordinary Charge from Early Retirement of Debt – – – 275 – Cumulative Effect of a Change in Accounting Principle (11) – – – – Depreciation 1,320 1,415 1,444 1,452 1,361 Amortization of Goodwill and Other Intangible Assets 434 445 246 108 20 Purchased In-Process Research and Development – (11) 2,250 1,443 1,478 Gain on Sale of DuPont Pharmaceuticals (6,136) – – – – Other Noncash Charges and Credits – Net 965 899 443 (319) 569 Decrease (Increase) in Operating Assets: Accounts and Notes Receivable 435 379 (21) (580) (783) Inventories and Other Operating Assets (362) (727) (384) (74) (355) Increase (Decrease) in Operating Liabilities: Accounts Payable and Other Operating Liabilities (634) 87 185 254 (20) Accrued Interest and Income Taxes 2,069 269 458 126 325 Cash Provided by Continuing Operations 2,419 5,070 4,840 4,132 4,027 Investment Activities of Continuing Operations Purchases of Property, Plant and Equipment (1,494) (1,925) (2,055) (2,240) (2,089) Investments in Affiliates (140) (97) (48) (63) (1,920) Payments for Businesses (Net of Cash Acquired) (78) (46) (5,073) (3,282) (1,238) Proceeds from Sales of Assets 253 703 609 946 558 Net Proceeds from Sale of DuPont Pharmaceuticals 7,798 – – – – Net Proceeds from Sale of Interest in Petroleum Operations – – – 4,206 – Net Decrease (Increase) in Short-Term Financial Instruments (2) 25 (258) 131 115 Miscellaneous – Net (117) 96 14 124 552 Cash Provided by (Used for) Investment Activities of Continuing Operations 6,220 (1,244) (6,811) (178) (4,022) Financing Activities Dividends Paid to Stockholders (1,460) (1,465) (1,511) (1,549) (1,401) Net Increase (Decrease) in Short-Term Borrowings (1,588) (95) (3,244) 1,574 1,737 Long-Term and Other Borrowings: Receipts 904 4,996 8,420 6,335 6,462 Payments (2,214) (6,574) (5,612) (8,966) (5,562) Acquisition of Treasury Stock (1,818) (462) (690) (704) (1,747) Proceeds from Exercise of Stock Options 153 63 168 257 116 Increase (Decrease) in Minority Interests 1,980 – 105 – (56) Cash Provided By (Used For) Financing Activities (4,043) (3,537) (2,364) (3,053) (451) Net Cash Flow from Discontinued Operations 1 (110) – 4,475 (568) 483 Effect of Exchange Rate Changes on Cash (263) (215) (108) 97 (99) Increase In Cash and Cash Equivalents 4,223 74 32 430 (62) Cash and Cash Equivalents at Beginning of Year 1,540 1,466 1,434 1,004 1,066 Cash and Cash Equivalents at End of Year 5,763 1,540 1,466 1,434 1,004 1 Includes payments of direct expenses related to the Conoco divestiture. 10 D P U ONT
  • 13. Selected Additional Data 2001 2000 1999 1998 (dollars in millions) Effective Income Tax Rate Statutory U.S. Federal Income Tax Rate 35.0% 35.0% 35.0% 35.0% International Operations (0.8) (2.8) 4.2 2.0 Lower Effective Tax Rate on Export Sales (0.6) (1.7) (2.2) (1.9) In-Process Research & Development* – – 46.6 1.7 Other – Net 2.4 0.6 (0.2) (0.8) Effective Income Tax Rate 36.0% 31.1% 83.4% 36.0% * The charge associated with the 1999 Pioneer transaction was not tax effected because the purchase was a stock acquisition rather than an asset purchase. 2001 2000 1999 1998 1997 As a Percentage of Sales: Cost of Goods Sold and Other Operating Charges 68% 64% 63% 63% 65% Selling, General and Administrative Expenses 12 11 10 9 9 Research and Development Expense 6 6 6 5 4 Underlying Income from Continuing Operations 5 10 11 12 13 Cash Provided by Continuing Operations 10 18 18 17 17 Times Interest Earned* 4.0 5.9 7.8 7.9 11.2 * Underlying income from continuing operations before income taxes, plus interest and debt expense, divided by the sum of interest and debt expense and capitalized interest. Research and Development Expenditures Amount 1,558 1,776 1,617 1,308 1,072 Breakdown by Product Area: Polymer Science 32% 30% 36% 47% 54% Health Science 28 32 29 14 – Agricultural Science 30 29 26 27 26 Electronic Materials 6 5 5 7 6 Chemicals 4 4 4 5 10 Other – – – – 4 Total 100% 100% 100% 100% 100% Selected Additional Data Annual Percent Change in Sales Versus Prior Year* (10)% 1% 0% (4)% 4% Portion due to Selling Prices (2) (1) (3) (2) (3) Portion due to Volume and Mix* (8) 2 3 (2) 7 Average Manufacturing Capacity Utilization 78% 81% 83% 82% 88% * Percentage changes are calculated using sales adjusted to exclude current-year sales from acquisitions when there are no comparable prior-year sales, and to exclude prior-year sales of businesses that have been divested. D P 11 U ONT
  • 14. CORPORATE FINANCIAL DATA Selected Additional Data 2001 2000 1999 (dollars in millions) Financial Results Sales by Quarter 1st 6,859 7,593 6,295 2nd 6,997 7,914 7,024 3rd 5,641 6,445 6,459 4th 5,229 6,316 7,140 Total 24,726 28,268 26,918 Underlying Income from Continuing Operations 1st 567 898 749 2nd 432 949 886 3rd 128 537 625 4th 124 494 583 Total 1,251 2,878 2,843 Continuing Operations – Underlying Earnings Per Share by Quarter – Diluted 1st .54 .85 .66 2nd .41 .90 .78 3rd .12 .51 .59 4th .12 .47 .55 Total 1 1.19 2.73 2.58 1 Earnings per share for the year may not equal the sum of quarterly earnings per share due to changes in average share calculations. Geographic Information 2001 2000 1999 Net Net Net Net Net Net Sales* Property Sales* Property Sales* Property North America United States 12,054 8,167 14,509 8,887 13,656 8,977 Canada 918 536 1,074 538 989 482 Mexico 559 164 581 165 500 146 Other 82 85 76 151 114 150 Total 13,613 8,952 16,240 9,741 15,259 9,755 Europe, Middle East and Africa Germany 1,590 585 1,716 641 1,743 733 France 929 170 986 181 979 228 United Kingdom 704 709 783 721 960 965 Italy 854 25 915 29 884 29 Other 2,354 1,243 2,474 1,232 2,598 1,275 Total 6,431 2,732 6,874 2,804 7,164 3,230 Asia Pacific Japan 906 75 1,023 78 928 138 Taiwan 663 632 809 680 690 769 China 623 133 487 142 361 146 Singapore 110 325 134 345 112 379 Other 1,355 127 1,506 126 1,393 197 Total 3,657 1,292 3,959 1,371 3,484 1,629 South America Brazil 576 187 686 123 594 105 Argentina 223 102 243 118 172 126 Other 226 22 266 25 245 26 Total 1,025 311 1,195 266 1,011 257 Total 24,726 13,287 28,268 14,182 26,918 14,871 * Sales are attributed to countries based on location of customer. 12 D P U ONT
  • 15. Net Sales to Customers Outside the United States as a Percentage of Sales 1 2001 2000 1999 Agriculture & Nutrition 52% 50% 66% Nylon 36 35 35 Performance Coatings & Polymers 62 60 58 Pharmaceuticals 34 27 22 Pigments & Chemicals 45 46 44 Polyester 49 39 46 Specialty Fibers 56 54 54 Specialty Polymers 50 49 48 Other 62 34 22 Total 51% 49% 49% 1 Based on 2001 Reporting Segments. Exports from the United States 2001 2000 1999 Sales (dollars in millions) 4,639 5,091 4,331 As a Percentage of Total Sales 19% 18% 16% Purchased Materials and Energy Cost Index (1977 = 100; period average) 2001 2000 1999 1998 1997 Basic Materials 163 160 164 164 164 Precious Metals 289 324 240 224 184 Chemicals 178 174 157 170 185 Hydrocarbons 183 198 137 128 166 Energy 332 289 218 218 223 Total Purchased Index 200 198 164 168 181 Total Variable Cost of Goods Top Purchased Energy and Raw Materials Primary Uses Natural gas ........................... Nylon Paraxylene .................... Polyester Electricity ................... Various Cyclohexane .............. Nylon Ethane ......................... Packaging Polymers Butadiene ..................... Nylon Titanium ores .................. White Pigments Precious metals .................. Electronics Organic pigments .................. Performance Coatings Fiberglass ................................. Engineering Polymers Chlorine ........................................ White Pigments D P 13 U ONT
  • 16. CORPORATE FINANCIAL DATA Selected Additional Data Price and Volume Change Summary Selling Price and Sales Volume Worldwide Selling Price and Sales Volume Worldwide Percentage Change from Prior Year Indices, 1990 = 100 150 10 145 8 140 135 6 130 4 125 120 2 115 0 110 105 -2 100 -4 95 90 -6 85 80 -8 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 Price Volume Price Volume Selling Price % Change from Prior Year Sales Volume % Change from Prior Year* Year Worldwide U.S. Other Regions Year Worldwide U.S. Other Regions 1992 (1) (1) (2) 1992 4 4 6 1993 (3) 0 (7) 1993 2 1 2 1994 (1) (1) (2) 1994 9 5 15 1995 5 3 8 1995 4 1 7 1996 (1) 0 (3) 1996 3 3 4 1997 (3) 0 (7) 1997 7 5 10 1998 (2) (1) (2) 1998 (2) (3) (1) 1999 (3) (2) (4) 1999 3 1 6 2000 (1) 1 (3) 2000 2 (2) 6 2001 (2) (1) (4) 2001 (8) (12) (3) 2001 Selling Price % Change from Prior Year 2001 Sales Volume % Change from Prior Year* Qtr Worldwide U.S. Other Regions Qtr Worldwide U.S. Other Regions 1st (2) 1 (3) 1st (4) (9) (1) 2nd (1) 1 (4) 2nd (8) (14) (3) 3rd (3) (1) (5) 3rd (9) (12) (6) 4th (3) (3) (4) 4th (9) (14) (4) Year (2) (1) (4) Year (8) (12) (3) * Percentage changes are calculated using sales adjusted to exclude current-year sales from acquisitions when there are no comparable prior-year sales and to exclude prior-year sales of businesses that have been divested. 14 D P U ONT
  • 17. THE DUPONT COMMITMENT: SAFETY, HEALTH, AND THE ENVIRONMENT We affirm to all our stakeholders, including our employees, U.S. Toxics Release Inventory Waste & Emissions customers, shareholders and the public, that we will 1,000 conduct our business with respect and care for the 900 environment. We will implement those strategies that build 800 successful businesses and achieve the greatest benefit for 700 all our stakeholders without compromising the ability of 600 500 future generations to meet their needs. 400 We will continuously improve our practices in light of 300 advances in technology and new understandings in safety, 200 health, and environmental science. We will make consistent, 100 measurable progress in implementing this Commitment ’87 ’91 ’93 ’94 ’95 ’96 ’97 ’98 ’99 ’00 0 Total Releases to Air, Deepwell Disposal of Total Waste as throughout our worldwide operations. DuPont supports the Water and Land Hazardous Waste Generated chemical industry’s Responsible Care ® initiative as a key (Millions of pounds) Data as reported to the U.S. Environmental Protection Agency. 286 new chemicals were program to achieve this Commitment. added in 1995. Total waste as generated first reported in 1991. Reflects reductions of 38% in total waste as generated, 84% in deepwell disposal, and 48% reduction in air, water and land releases. Increase in total waste as generated in 1998 and 1999 reflects 143 MM lbs./yr. recycled on-site by two newly acquired facilities. Total Recordable Injuries & Illnesses Global Greenhouse Gases & Energy Consumption 300 14 250 12 200 10 150 100 8 50 6 0 150 4 100 2 50 0 ’90 ’95 ’96 ’97 ’98 ’99 ’00 ’94 ’95 ’96 ’97 ’98 ’99 ’00 ’01 0 DuPont Chemical Industry Average Manufacturing Industry Average Global Energy Consumption Total (includes CFCs)* Total, Kyoto Basis (Indexed to 1990=100)** (excludes CFCs)* DuPont (includes event-related injuries and illnesses) (Recordable Injuries per 200,000 hours worked) * (Billions of pounds, Carbon Dioxide Equivalents) ** (Percentage) 1998 through 2001 injury/illness statistics for employees reflect expanded reporting of cumulative musculoskeletal disorders. Comparative statistics are not available for years Data indicate a 63% reduction of greenhouse gas emissions (Kyoto basket of gases) since prior to 1998. Industry data not available for 2001. 1990. DuPont expects to achieve a 65% reduction (Kyoto basis) by the year 2010. Global energy consumption has been nearly flat since 1990, despite a 35% increase in production. Six Sigma Focus of Six Sigma Project Benefits 2001 was the second full year of implementation across the 52% 48% company. The impact of Six Sigma continued to expand as over 6,000 Green Belts have now been trained. The company Manufacturing Operations Improvements Transactional Processes continued the initial aspect of deployment, with about 1,300 trained Black Belts in place and more than 5,000 projects active at year-end. The potential pretax benefit from active projects 72% 28% was $970 million. The actual annualized pretax benefit from Reduced Costs completed projects at the end of 2001 was $910 million. Opportunities for Increased Revenue D P 15 U ONT
  • 18. 2001 Reporting Segment AGRICULTURE & NUTRITION Business Units Crop Protection Nutrition & Health Pioneer Hi-Bred International Inc. Overview (dollars in millions) 2001 2000 1999 Total Segment Sales 4,316 4,461 3,019 Transfers – – – After-Tax Operating Income – Underlying 244 345 158 After-Tax Operating Income – Reported 19 (227) (1,952) Depreciation and Amortization 497 474 227 Equity in Earnings of Affiliates (13) (13) 22 Provision for Income Taxes (108) (235) (3) Segment Net Assets 8,998 9,845 11,451 Affiliate Net Assets 125 145 123 Expenditures for Long-Lived Assets 177 267 1,057 2001 Business Unit Total Sales 2001 Segment Sales by Major Industry Fungicides 7% Pioneer 44% Crop Production 44% Herbicides 32% Food Ingredients & Safety 12% Nutrition & Health 12% Insecticides 5% Crop Protection 44% Acquisitions and Joint Ventures DuPont Yun Meng Protein Co., LTD – China (2001 – acquisition) soy protein isolates and oils SPIC PHI Seeds Ltd. – India (2001 – purchased remaining 50% of joint venture) agricultural products 8th Continent – Minnesota (2000 – joint venture with General Mills) soy-based consumer food products Pioneer Hi-Bred International – (1999 – acquisition of remaining 80% interest) So Good – Petersborough, United Kingdom (1999 – joint venture) soy protein-based consumer food products Agar Cross – Argentina (1999 – purchased remaining 55% of joint venture) crop protection products Divestitures and Shutdowns Benlate® (2001) Food Safety and Quality Management Services – Wilmington, DE (2001) Cereals Innovation Centre – Cambridge, United Kingdom (2000) Fiber Sales and Development (subsidiary of Protein Technologies International) – Urbana, OH (2000) Fortress® (1999) Imperial Bio-Technologies – London, United Kingdom (1999) 16 D P U ONT
  • 19. 2001 Reporting Segment NYLON Business Units DuPont Flooring DuPont Industrial Nylon DuPont Nylon Intermediates, Specialties & Polymer Overview (dollars in millions) 2001 2000 1999 Total Segment Sales 2,696 3,149 3,068 Transfers 31 31 27 After-Tax Operating Income – Underlying 60 258 303 After-Tax Operating Income – Reported (75) 285 (23) Depreciation and Amortization 142 153 142 Equity in Earnings of Affiliates (9) 33 29 Provision for Income Taxes (2) 164 172 Segment Net Assets 1,838 1,953 1,830 Affiliate Net Assets 461 516 255 Expenditures for Long-Lived Assets 115 187 208 2001 Business Unit Total Sales 2001 Segment Sales by Major Industry Aerospace/Aircraft 1% Flooring Systems 62% Motor Vehicle 19% Chemical/Petrochemical 13% Industrial Systems 4% Construction Materials 35% Home Furnishings 24% Intermediates, Specialties Plastics 8% & Polymers 34% Acquisitions and Joint Ventures DuPont-Sabanci International, LLC (DUSA) – North America, Europe and South America (1999 and 2000 – joint ventures) heavy decitex nylon industrial yarn and tire cord fabric Divestitures and Shutdowns DuPont Fibers Limited – India (1999) Industrial and apparel nylon fiber operations – Doncaster, United Kingdom (1999) Sanlong Nylon Co. Ltd. – China (1999) D P 17 U ONT
  • 20. 2001 Reporting Segment PERFORMANCE COATINGS & POLYMERS Business Units DuPont Engineering Polymers DuPont Performance Coatings DuPont Elastomers Overview (dollars in millions) 2001 2000 1999 Total Segment Sales 5,754 6,485 6,111 Transfers 4 4 10 After-Tax Operating Income – Underlying 377 733 645 After-Tax Operating Income – Reported 319 674 582 Depreciation and Amortization 247 245 225 Equity in Earnings of Affiliates 13 67 60 Provision for Income Taxes 286 426 416 Segment Net Assets 3,927 4,158 4,060 Affiliate Net Assets 532 615 404 Expenditures for Long-Lived Assets 182 208 759 2001 Business Unit Total Sales 2001 Segment Sales by Major Industry Plastics 2% Aerospace/Aircraft 1% Elastomers 9% Electronics 2% Personal Care 6% Construction Electrical Materials 13% Appliances 5% Performance Coatings 56% Motor Vehicle 70% Engineering Polymers 35% Acquisitions and Joint Ventures Bayer – Germany (2000 – joint venture) PBT resin manufacturing Herberts (subsidiary of Hoechst) – (1999 – acquisition) automotive and industrial finishes Divestitures and Shutdowns Hytrel® – Deepwater, NJ (2001) Finishes plants in Germany (2000) Finishes plants in Portugal, Sweden, United Kingdom, Mexico, Brazil and Italy (1999) 18 D P U ONT
  • 21. 2001 Reporting Segment PIGMENTS & CHEMICALS Business Units DuPont White Pigment & Mineral Products DuPont Chemical Solutions Enterprise DuPont Fluorochemicals Overview (dollars in millions) 2001 2000 1999 Total Segment Sales 3,554 3,907 3,660 Transfers 234 262 237 After-Tax Operating Income – Underlying 469 715 633 After-Tax Operating Income – Reported 439 714 634 Depreciation and Amortization 174 185 190 Equity in Earnings of Affiliates 1 3 2 Provision for Income Taxes 246 342 317 Segment Net Assets 1,732 1,693 1,771 Affiliate Net Assets 43 44 63 Expenditures for Long-Lived Assets 149 166 144 2001 Business Unit Total Sales 2001 Segment Sales by Major Industry Agriculture/Food 6% Industrial 11% Fluorochemicals 17% Personal Care 4% Chemical/ Mining 5% Petrochemical 17% Textile/Apparel 6% Chemical Solutions Plastics 10% Construction Enterprise 35% Materials 22% Paper 10% Motor Vehicle 2% Electronics 3% White Pigment & Home Furnishings 3% Electrical Appliances 1% Mineral Products 48% Acquisitions and Joint Ventures International Dioxide Inc. (IDI) – Rhode Island (2000 – acquisition) specialty chlorine dioxide TRA (The Release Answer) – Ohio (1999 – acquisition) mold release systems Divestitures and Shutdowns Ammonia – Beaumont, TX (2001) Sulfuric acid marketing and distribution joint venture with Noranda Inc. – Toronto, ON (2001) Anhydrous hydrogen fluoride joint venture with Quimica Fluor (2000) Ludox ® colloidal silica – East Chicago, IN (2000) Zelec® electroconductive powders (2000) Fluorochemicals – Barra Mansa, Brazil (1999) Fluorspar – Brazil (1999) Industrial diamonds – Repauno, NJ (1999) Organosilanes – Deepwater, NJ (1999) D P 19 U ONT
  • 22. 2001 Reporting Segment POLYESTER Business Units DuPont Polyester Fibers, Resins & Intermediates Global Films Overview (dollars in millions) 2001 2000 1999 Total Segment Sales 1,895 2,278 2,401 Transfers 17 51 187 After-Tax Operating Income – Underlying (74) 62 (53) After-Tax Operating Income – Reported (349) 66 (133) Depreciation and Amortization 105 126 217 Equity in Earnings of Affiliates (62) 23 (13) Provision for Income Taxes (207) 25 (50) Segment Net Assets 2,042 2,682 2,563 Affiliate Net Assets 1,162 1,337 770 Expenditures for Long-Lived Assets 27 40 120 2001 Business Unit Total Sales 2001 Segment Sales by Major Industry Aerospace/Aircraft 1% Home Furnishings 13% Electrical Machinery 2% Electrical Appliances 2% Polyester Joint Ventures 47% Electronics 8% Motor Vehicle 4% Other – Packaging 30% Textile/Apparel 16% Health Care 2% Plastics 1% Americas Fibers, Personal Care 2% Other – Industrial 20% Resins & Intermediates 53% Acquisitions and Joint Ventures DuPont-Hongii Films Foshan Co. Ltd. – China (2000 – partnership with Ningbo Wuzhou Films Ltd.) polyester film DuPontSA – Greater Europe (2000 – joint venture) polyester fibers, resins and intermediates DuPont-Unifi – North Carolina (2000 – manufacturing alliance) polyester filament yarn DuPont Teijin Films – (1999 – joint venture) PEN and PET polyester films DuPont-Akra Polyester – Americas (1999 – joint venture) polyester staple Divestitures and Shutdowns Dacron® filament – North Carolina (2001) Melinar® container resins – North Carolina (2001) Polyester polymerization facilities – North Carolina and South Carolina (2001) Polyester staple fiber – Mexico (2001) Terephthalic acid (TPA) and polyethylene terephthalate (PET) container resins businesses – North Carolina (2001) 20 D P U ONT
  • 23. 2001 Reporting Segment SPECIALTY FIBERS Business Units 2001 Reporting Segment Business Units DuPont Apparel & Textile Sciences DuPont Nonwovens DuPont Advanced Fiber Systems Overview (dollars in millions) 2001 2000 1999 Total Segment Sales 4,418 4,959 5,080 Transfers 65 73 88 After-Tax Operating Income – Underlying 387 740 831 After-Tax Operating Income – Reported 356 740 832 Depreciation and Amortization 306 319 334 Equity in Earnings of Affiliates 3 36 42 Provision for Income Taxes 212 356 419 Segment Net Assets 4,213 4,084 4,025 Affiliate Net Assets 635 514 452 Expenditures for Long-Lived Assets 328 361 425 2001 Business Unit Total Sales 2001 Segment Sales by Major Industry Apparel & Textile Sciences 58% Electrical Machinery 3% Home Furnishings 1% Motor Vehicle 3% Construction Materials 5% Nonwovens 22% Textile/Apparel 70% Other – Industrial 5% Other – Envelopes 2% Personal Care 2% Health Care 5% Advanced Fiber Aerospace/Aircraft 2% Systems 20% Acquisitions and Joint Ventures DuPont Copiatex S.A. – Brazil (2001 – joint venture) needlepunch and spunlace fabrics Divestitures and Shutdowns Nylon apparel – Camden, SC (2001) D P 21 U ONT
  • 24. 2001 Reporting Segment SPECIALTY POLYMERS Business Units DuPont Display Technologies DuPont Electronic Technologies DuPont Imaging Technologies DuPont Fluoropolymers DuPont Packaging & Industrial Polymers DuPont Surfaces Overview (dollars in millions) 2001 2000 1999 Total Segment Sales 3,875 4,508 4,255 Transfers 108 196 152 After-Tax Operating Income – Underlying 402 714 666 After-Tax Operating Income – Reported 372 714 668 Depreciation and Amortization 180 175 172 Equity in Earnings of Affiliates 20 41 27 Provision for Income Taxes 236 391 365 Segment Net Assets 2,513 2,374 2,330 Affiliate Net Assets 260 266 248 Expenditures for Long-Lived Assets 249 243 270 2001 Business Unit Total Sales 2001 Segment Sales by Major Industry Display 1% Other – Industrial 7% Other – Packaging 7% Electronics 18% Aerospace/Aircraft 2% Textile/Apparel 4% Packaging & Plastics 16% Agriculture/Food 15% Industrial Polymers 37% Construction Chemical/ Imaging 12% Materials 13% Petrochemical 2% Surfaces 11% Motor Vehicle 9% Electrical Appliances 4% Fluoropolymers 21% Electronics 19% Electrical Machinery 2% Acquisitions and Joint Ventures Cambridge Display Technologies – United Kingdom (2001 – minority investment) polymer OLED intellectual property company DuPont Authentication Systems – Connecticut (2001 – 60% joint venture) security and authentication solutions based on photopolymer holographic technology Polar Vision Inc. – California (2001 – 65% joint venture) LCD enhancement RiTdisplay Technology Corporation – Taiwan (2001 – minority investment) manufacturer of polymer OLED components exclusively for DuPont RPC Technology – California (2001 – acquisition) electron beam processor for producing Clysar® polyolefin shrink film Three-D OLED L.L.C. – Arizona (2001 – 49% joint venture) design, assemble, and market glass, passive matrix OLED display modules DuPont Air Products Nano Materials L.L.C. – (2000 – joint venture) colloidal silica-based slurries Specialty Polymers – Antwerp, Belgium (2000 – joint venture with Borealis) ethylene copolymers manufacturing Uniax Corporation – California (2000 – acquisition) start-up company focused on polymer-OLED (organic light-emitting diode) display devices DuPont Holographics International (DHI) – Utah (1999 – acquisition) holographic optical elements and holograms Wirex Corp. – Hsinchu, Taiwan (1999 – 51% interest) flexible laminants 22 D P U ONT
  • 25. 2001 Reporting Segment PHARMACEUTICALS On October 1, 2001, DuPont Pharmaceuticals was sold to the Bristol-Myers Squibb Company. DuPont retained its interest in Cozaar ® and Hyzaar ®. These antihypertensive drugs were discovered by DuPont and developed in collaboration with Merck. Effective with fourth quarter 2001 results, the Pharmaceuticals segment reflected only DuPont’s share of the financial results of this ongoing collaboration. Overview (dollars in millions) 2001 2000 1999 Total Segment Sales 902 1,487 1,630 Transfers – – – After-Tax Operating Income – Underlying 58 133 263 After-Tax Operating Income – Reported 3,924 89 230 Depreciation and Amortization 100 138 121 Equity in Earnings of Affiliates – – – Provision for Income Taxes 2,275 (2) 132 Segment Net Assets 102 1 2,054 1,941 Affiliate Net Assets 34 34 31 Expenditures for Long-Lived Assets 50 114 101 1 Represents segment net assets after the sale of certain assets to Bristol-Myers Squibb on October 1, 2001. 2001 Reporting Segment OTHER Business Units DuPont Bio-Based Materials DuPont Safety Resources DuPont Corporate Ventures DuPont Intellectual Assets Business Holdings from several of the company’s divested and non-aligned businesses D P 23 U ONT
  • 26. ORGANIZING FOR SUSTAINABLE GROWTH In February 2002, DuPont strategically realigned its businesses into five market- and technology-focused Growth Platforms, and created DuPont Textiles & Interiors (DTI), with the intent to separate DTI by year-end 2003, market conditions permitting. The five Growth Platforms are designed to address large, attractive market spaces that allow DuPont to leverage its science and technology, products and brands, market access, and global reach to bring innovative solutions to specific arenas. HOW WE REACHED THIS DECISION We identified key sources of sustainable growth, considered our capabilities and identified market opportunities for growth. DUPONT CAPABILITIES MARKET OPPORTUNITIES • SCIENCE & TECHNOLOGY • LARGE • PRODUCTS & BRANDS • UNMET NEEDS • CHANNEL STRENGTH • REWARD INNOVATION • GLOBAL REACH & EXPERTISE And we determined our future growth drivers. Then we reorganized our portfolio for Sustainable Growth. • FORMED FIVE GROWTH PLATFORMS • CREATED ONE SUBSIDIARY DUPONT DUPONT DUPONT DUPONT TEXTILES AGRICULTURE PERFORMANCE SAFETY & & INTERIORS & NUTRITION MATERIALS PROTECTION UL IM T AT E IN T E NT IS S E PARATION DUPONT DUPONT COATINGS ELECTRONIC & & COLOR COMMUNICATION WHY SEPARATE DTI? TECHNOLOGIES TECHNOLOGIES DTI’s businesses have been a rich part of DuPont’s history and past success, but the competitive marketplace has changed. The markets served by DTI no longer link to the key drivers of DuPont’s future growth. With the scale and scope to succeed independently, DTI can migrate to a competitive cost struc- ture and pursue its own industry-specific strategies. 24 D P U ONT
  • 27. THE GROWTH PLATFORM STRATEGY The realignment strengthens the business portfolio and builds on our stated strategies for achieving sustainable growth. The Growth Platform business teams will focus on the three critical pathways of Integrated Science, Knowledge Intensity and Productivity to achieve growth specific to the arenas they serve. NCE IE SC ED INTEGRATED SCIENCE T RA • ADDING MODERN BIOLOGY EG INT TO GREAT CHEMISTRY • INTEGRATING SCIENCE WITH MARKETS PR DU O CT IVI TY PRODUCTIVITY SUSTAINABLE GROWTH • SIX SIGMA KNOWLEDGE INTENSITY • LEVERAGING OUR • NEW BUSINESS MODELS SCOPE/SCALE • GETTING PAID FOR WHAT K NO WL 10 WE KNOW H % WT E NO O RMA LIZED EPS GR DG EI NT ENS IT Y Our goals remain unchanged: • 10 percent normalized earnings per share growth • 6 percent top line growth • Return on invested capital in the high teens. Our core values of safety, health, environment, ethics,and respect for people also remain unchanged and will continue to provide the boundaries in which the employees of DuPont operate. Leadership focus: The Group Vice President of each Growth Platform is responsible for (1) delivering growth within their “platform space” and (2) enabling cross-platform growth opportunities. The management discipline across all Growth Platforms is a constant: • Manage each business differentially to capture the best opportunities and deliver highest value-added products. • Reinvigorate the R&D effort to support growth, leverage technology and take full advantage of the company’s broad market access. • Continue productivity improvements. • Apply rigorous discipline to acquisition activity. • Maintain cash discipline. D P 25 U ONT
  • 28. ORGANIZING FOR SUSTAINABLE GROWTH Composition of New Reporting Segments New Reporting Segment Component Business Former Reporting Segment Alignment DuPont Agriculture & Nutrition Crop Protection Agriculture & Nutrition Nutrition & Health Agriculture & Nutrition Pioneer Hi-Bred International, Inc. Agriculture & Nutrition DuPont Coatings & Color Technologies DuPont Performance Coatings Performance Coatings & Polymers DuPont Titanium Technologies Pigments & Chemicals 1 DuPont Electronic & DuPont Display Technologies Specialty Polymers Communication Technologies DuPont Electronic Technologies Specialty Polymers DuPont Fluorochemicals Pigments & Chemicals DuPont Fluoropolymers Specialty Polymers DuPont Imaging Technologies Specialty Polymers DuPont Photomasks Other DuPont Performance Materials DuPont Elastomers Performance Coatings & Polymers DuPont Engineering Polymers Performance Coatings & Polymers DuPont Packaging & Industrial Polymers Specialty Polymers includes Polyester Resins, formerly part of Polyester Global Films Polyester DuPont Safety & Protection DuPont Advanced Fiber Systems Specialty Fibers DuPont Chemical Solutions Enterprise Pigments & Chemicals DuPont Nonwovens Specialty Fibers DuPont Safety Resources Other DuPont Surfaces Specialty Polymers DuPont Textiles & Interiors DuPont Apparel & Textile Sciences Specialty Fibers DuPont Nylon Flooring Nylon DuPont Nylon Industrial Rubber Nylon DuPont Nylon Intermediates & Specialty Polymers Nylon Polyester (excluding films and resins) Polyester Pharmaceuticals Pharmaceuticals Other DuPont Bio-Based Materials Other Intellectual Assets Business Other Corporate Ventures Other Note: Under the former reporting structure, SBUs were the Operating Segments, and these were aggregated into the Reporting Segments. Under the new structure, the Operating Segments are the five Growth Platforms and DTI. Thus the new Reporting Segments are not reporting aggregations, but reflect how the businesses are managed. 1 DuPont Titanium Technologies, formerly named DuPont White Pigment & Mineral Products. 26 D P U ONT
  • 29. Selected Financial Information 1 2001 2000 1999 Reclassified under the new Growth Platforms (dollars in millions) DuPont Agriculture & Nutrition Sales 4,209 4,372 2,917 ATOI - Underlying 242 323 152 ATOI Margin % 6% 7% 5% DuPont Coatings & Color Technologies Sales 4,917 5,457 5,074 ATOI - Underlying 498 783 689 ATOI Margin % 10% 14% 14% DuPont Electronic & Communication Technologies Sales 2,688 3,375 3,169 ATOI - Underlying 283 581 474 ATOI Margin % 11% 17% 15% DuPont Performance Materials Sales 4,693 5,334 5,431 ATOI - Underlying 277 578 580 ATOI Margin % 6% 11% 11% DuPont Safety & Protection Sales 3,694 3,447 3,574 ATOI - Underlying 485 593 545 ATOI Margin % 14% 16% 16% DuPont Textiles & Interiors Sales 6,477 7,722 7,788 ATOI - Underlying 70 709 770 ATOI Margin % 1% 9% 10% Pharmaceuticals Sales 902 2 1,487 1,630 ATOI - Underlying 58 133 263 ATOI Margin % 6% 9% 16% Total Segment Sales 27,689 31,677 29,704 ATOI - Underlying 1,859 3,677 3,464 ATOI Margin % 7% 12% 12% 1 Sales include pro rata equity affiliate sales and transfers. ATOI is After-Tax Operating Income. ATOI Margin is ATOI divided by sales. 2 On October 1, 2001, DuPont Pharmaceuticals was sold to the Bristol-Myers Squibb Company. DuPont retained its interest in Cozaar and Hyzaar. D P 27 U ONT
  • 30. 2002 Reporting Segment DUPONT AGRICULTURE & NUTRITION DuPont Agriculture & Nutrition is a global business providing solutions for growers and the food industry. A&N comprises a broad portfolio of products, services and strong global brands such as Pioneer ® seeds and SolaeTM soy protein. It also has recognized brands of insecticides, fungicides and high-value, low-use-rate herbicides. R&D efforts focus on increasing grower productivity, improving safe handling and environmental impact of pest control products, and using technology to enhance the value of grains used in feed and food. A&N – a global leader in soy protein – continues to expand as it supports food Howard L. Minigh applications with improved taste and human health benefits. DuPont also has the most advanced molecular Group Vice President technologies for pathogen screening used to assure food safety. Growth Platform Leaders James C. Borel J. Erik Fyrwald Richard L. McConnell Vice President/ Vice President/ President General Manager General Manager Pioneer Hi-Bred Crop Protection Nutrition & Health International Inc. Overview 1 (dollars in millions) 2001 2000 1999 Total Segment Sales 4,209 4,372 2,917 Transfers – – – After-Tax Operating Income – Underlying 242 323 152 After-Tax Operating Income – Reported 17 (187) (1,958) Depreciation and Amortization 496 474 226 Equity in Earnings of Affiliates (13) (13) 22 Provision for Income Taxes (107) (209) (6) Segment Net Assets 8,990 9,906 11,443 Affiliate Net Assets 125 145 123 Expenditures for Long-Lived Assets 177 264 1,057 2001 Segment Sales by Major Industry 1 Crop Production 44% Food Ingredients & Safety 12% Crop Protection 44% 28 D P 1 For presentation purposes, these pages present FY2001 operating unit data organized by the company’s new U ONT (FY2002) operating structure. Please see Note from Investor Relations on inside front cover for explanation.
  • 31. Principal Products Major Markets Major Plants Major Raw Materials Significant Competitors Crop Protection www.dupont.com/ag Herbicides Corn herbicides: Accent® and Accent® Broadleaf weed control Mobile, AL Aminodimethoxypyrimidine Aventis Gold® Grassy weed control El Paso, IL Cyanuric chloride BASF Basis® and Basis® Gold® Manati, PR Monomethylamine Bayer Leadoff® Cernay, France Nicotinic acid Dow Agrosciences Steadfast® Loon-Plage, France Monsanto Titus® Syngenta Soybean herbicides: Assure® II Broadleaf weed control El Paso, IL Guanidine Authority® Weed control Manati, PR Methyl thioglycolate Canopy® and Canopy® XL Saccharin Classic® Sulfentrazone Reliance® Synchrony® STS® Cereal herbicides: Ally® Broadleaf weed control Manati, PR Benzyl mercaptan Express® Selective weed control Girraween, Australia Cyanamide Finesse® Cernay, France Dimethyl carbonate Glean® Loon-Plage, France Methyl thioglycolate Granstar® Surabaya, Indonesia Saccharin Harmony® Lexus® Rice herbicides: Gulliver® Selective pre- and Manati, PR Aminodimethoxypyrimidine Londax® postemergence weed Shanghai, China o-Toluic acid control Loon-Plage, France Cotton herbicides: Staple® Postemergence weed Lerma, Mexico Glyphosate Staple® Plus control Pyrithiobac sodium Potato herbicides: Matrix® Selective broadleaf weed Cernay, France Aminodimethoxypyrimidine and grass control Sugar beet herbicides: Debut® Postemergence weed Manati, PR 2-Carbomethoxy- Safari® control Cernay, France 6-methylbenzenesulfonyl Upbeet® Loon-Plage, France chloride Sugarcane herbicides: Advance® Preemergence LaPorte, TX Diuron Velpar® K weed control Hexazinone Citrus herbicides: Hyvar® Preemergence LaPorte, TX Bromaci Krovar® weed control Diuron Tomato herbicides: Shadeout® Selective weed control Cernay, France Aminodimethoxypyrimidine Specialty herbicides: Vegetation management Brush and weed control LaPorte, TX Cyclohexyl isocyanate (forestry and noncrop) Manati, PR Dichlorophenol isocyanate Oust® and Velpar® Lerma, Mexico Diuron Oustar™ Glyphosate Hexazinone Saccharin D P 29 U ONT
  • 32. 2002 Reporting Segment DUPONT AGRICULTURE & NUTRITION Principal Products Major Markets Major Plants Major Raw Materials Significant Competitors Crop Protection (continued) Fungicides Curzate® Plant disease control Cernay, France Carbon monoxide Aventis Equation® Bolzano, Italy Chlorine BASF Famoxate™ Asturias, Spain Phenyl hydrazine Bayer Nustar® Lung Tan, Taiwan Sodium triazole Syngenta Punch® Bangpoo, Thailand Tanos™ Insecticides Asana® Direct control and Mobile, AL Acetaldoxime Aventis Avaunt™ residual action LaPorte, TX Ammonia Bayer Lannate® insect control Cernay, France Caustic soda Dow Agrosciences Steward® Savli, India m-Cresol Syngenta Vydate® Bolzano, Italy Cyclohexanone Lerma, Mexico Methanol Cabuyao, Philippines Methyl mercaptan Lung Tan, Taiwan Monochlorobenzene Bangpoo, Thailand Monoethylamine Monomethylformamide Phosphorus pentachloride Trichloroacetaldehyde Nutrition & Health Food Protein (DuPont Protein Technologies) www.protein.com www.solae.com www.suprosoy.com SOLAETM and SUPRO® Food industry Pryor, OK Soybean flake and meal Food and grain isolated soy protein Memphis, TN ingredient companies leper, Belgium and meat, milk, and Yun Meng, China egg producers Soy Protein Polymers (DuPont Soy Polymers) www.soypolymers.dupont.com PRO-COTE® isolated Paper industry Louisville, KY Soybean flake and meal Starch and latex soy protein companies Microbial Diagnostic Products & Services (Qualicon Inc.) www.qualicon.com BAX® system for Food and health Wilmington, DE Microbiological testing pathogen screening and instrumentation RiboPrinter® microbial companies characterization system 30 D P U ONT
  • 33. Principal Products Major Markets Major Plants Major Raw Materials Significant Competitors Pioneer Hi-Bred International Inc. www.pioneer.com Alfalfa seed Farming industry Woodland, CA Genes Aventis Canola seed Feed industry Algona, IA Germplasm Dow Agrosciences Corn seed Food industry Reinbeck, IA Parent seed Monsanto Forage additives McLeansboro, IL Syngenta Sorghum seed Princeton, IL Soybean seed Tipton, IN Sunflower seed Constantine, MI Wheat seed Jackson, MN Laurinburg, NC York, NE Grand Rapids, OH Weslaco, TX Salto, Argentina Narromine, Australia Itumbiara, Brazil Chatham, Canada Paine, Chile Aussonne, France Szarvas, Hungary Chennai, India Malang, Indonesia Sissa, Italy Culiacan, Mexico Adana, Turkey Juru, Zimbabwe D P 31 U ONT
  • 34. 2002 Reporting Segment DUPONT COATINGS & COLOR TECHNOLOGIES The mission of DuPont Coatings & Color Technologies is to develop and market coatings, ingredients, systems and technologies that address industrial and consumer needs. DuPont Coatings & Color Technologies is positioned as the market leader through its superior technology, significant brand-recognition, world-class customer service, and highly effective operations. The Platform meets the challenges of increasingly demanding customer needs for environmentally friendly coatings and ingredients, combining durability and functionality with styling and aesthetics. Specialty markets of inks, Edward J. Donnelly textiles and personal care products provide catalysts for growth. Longer-term development opportunities Group Vice President include nano TiO2 applications, powder coatings for wood and plastics, and enhancement to digital inks and color services. Growth Platform Leaders John R. Lewis Eric G. Melin Jeffrey L. Keefer Vice President / Vice President / Vice President / General Manager General Manager General Manager DuPont Automotive Systems DuPont Refinish & DuPont Titanium & Powder Coatings Industrial Coatings Technologies Overview 1 (dollars in millions) 2001 2000 1999 Total Segment Sales 4,917 5,457 5,074 Transfers 41 43 32 After-Tax Operating Income – Underlying 498 783 689 After-Tax Operating Income – Reported 452 724 626 Depreciation and Amortization 236 245 224 Equity in Earnings of Affiliates (6) 1 (7) Provision for Income Taxes 309 401 383 Segment Net Assets 3,284 3,332 3,442 Affiliate Net Assets 83 129 119 Expenditures for Long-Lived Assets 182 209 763 2001 Segment Sales by Major Industry 1 Motor Vehicle 50% Plastics 8% Paper 5% Other 12% Construction/Materials 25% 32 D P 1 For presentation purposes, these pages present FY2001 operating unit data organized by the company’s new U ONT (FY2002) operating structure. Please see Note from Investor Relations on inside front cover for explanation.
  • 35. Principal Products Major Markets Major Plants Major Raw Materials Significant Competitors DuPont Performance Coatings www.dupont.com/coatings Centari® automotive and Automotive Fort Madison, IA Acrylic monomers Akzo Nobel refinish enamels Aerospace Mount Clemens, MI Aliphatic and aromatic BASF ChromaBase® refinish Collision repair Front Royal, VA hydrocarbon solvents PPG system Marine Guntramsdorf, Austria Organic pigments Sherwin-Williams Cromax® electrodeposition Transportation Mechelen, Belgium Titanium dioxide primers Sao Paulo, Brazil Cromax® waterborne Ajax, Canada finishes LeMans, France Imron® finishes Cologne, Germany Nason® refinish Wuppertal, Germany Spies Hecker® refinish Tlalnepantla, Mexico Standox® refinish Valencia, Venezuela Ink jet Digital ink jet Fort Madison, IA Formulabs printers Rochester, NY Lysor Tricon Zeneca Permatex® industrial Protective coatings Vaihingen, Germany Hempel coatings Sigma Powder coatings Construction Houston, TX Epoxy resins Akzo Nobel Automotive Montbrison, France Organic pigments Ferro General industrial OEM Landshut, Germany Polyester Morton Pipeline Bulle, Switzerland Darlington, United Kingdom DuPont Titanium Technologies www.dupont.com/tipure www.dupont.com/tipure/starblast Ferric chloride Coatings Edge Moor, DE Chlorine Huntsman Starblast® abrasives Paper Starke, FL Coke Ishihara Ti-Pure® titanium dioxide Plastics DeLisle, MS Ilmenite Kemira Oy Zircon Airblasting New Johnsonville, TN Rutile Kerr-McGee Foundries Uberaba, Brazil Kronos (NL Industries) Ceramics Altamira, Mexico Millennium Inorganic Refractories Kuan Yin, Taiwan Chemicals D P 33 U ONT
  • 36. 2002 Reporting Segment DUPONT ELECTRONIC & COMMUNICATION TECHNOLOGIES DuPont Electronic & Communication Technologies is focused on improving the functionality of electronic components in a wide range of applications: displays, IC packaging, fuel cells, holographics, datacom/ telecom, wire & cable, circuit materials, semiconductor fabrication materials, and imaging technologies. DECT leverages the DuPont portfolio of electronic materials, advanced materials expertise, global market access, and a pipeline of emerging technologies that extend DuPont technologies to meet customer needs in the information and communication markets. These markets demand ever-increasing performance Diane H. Gulyas around speed, size and cost. As the second largest supplier of electronic materials in the world, DECT is Group Vice President well positioned to drive the continued evolution of these high-growth markets and create value beyond materials in components and systems. Growth Platform Leaders Chester D. Pribonic David B. Miller Richard J. Angiullo Barry M. Granger Vice President/ Vice President/ Vice President/ Director General Manager General Manager General Manager DuPont Imaging DuPont Display DuPont Electronic DuPont Fluoroproducts Technologies Technologies Technologies Overview 1 (dollars in millions) 2001 2000 1999 Total Segment Sales 2,688 3,375 3,169 Transfers 44 51 47 After-Tax Operating Income – Underlying 283 581 474 After-Tax Operating Income – Reported 291 659 476 Depreciation and Amortization 136 159 173 Equity in Earnings of Affiliates 11 46 17 Provision for Income Taxes 160 340 250 Segment Net Assets 1,929 1,897 1,925 Affiliate Net Assets 304 349 211 Expenditures for Long-Lived Assets 196 274 261 2001 Segment Sales by Major Industry 1 Electrical Appliances/ Electronics 26% Machinery 9% Wire & Cable 7% Agriculture/Food 9% Chemical/Petrochemical 5% Motor Vehicle 10% Industrial Propellants 10% Other 15% Packaging 9% 34 D P 1 For presentation purposes, these pages present FY2001 operating unit data organized by the company’s new U ONT (FY2002) operating structure. Please see Note from Investor Relations on inside front cover for explanation.
  • 37. Principal Products Major Markets Major Plants Major Raw Materials Significant Competitors DuPont Display Technologies www.dupont.com/displays www.polarvision.com www.dupont.com/holographics www.dupont.com/das Holographic optical Flat-panel displays Santa Barbara, CA Adhesives Kodak elements Personal and Torrance, CA FV polymer 3M Liquid crystal display (LCD) product security/ Bridgeport, CT Glass White Electronics enhancement solutions authentication Towanda, PA N10 monomer Organic light-emitting diode Logan, UT Plastic films (OLED) flat-panel displays Security and authentication solutions DuPont Electronic Technologies www.dupont.com/fcm www.dupont.com/kapton www.dupont.com/mcm www.dupont.com/pcm www.hdmicrosystems.com www.nanoslurry.com Fodel® thick film photo Automotive Research Triangle Park, NC Copper Agfa imageable compositions Circuitry Parlin, NJ Oxydianiline (ODA) Asahi Chemical Green TapeTM Electronic insulation Circleville, OH Polyester film Cabot low-temperature Electronics Towanda, PA Precious metals Cookson co-fired ceramic IC packaging Bayport, TX Pyromellitic dianhydride Hitachi Kapton® polyimide film Plasma display Manati, PR (DMDA) Honeywell Mazin® colloidal silica slurry Printing Paulinia, Brazil Kaneka Fuchi Microcircuit materials Dongguan, China MacDermid Pyralin® polyimide coatings Shenzhen, China Rohm & Haas Pyralux® flexible laminates Neu Isenburg, Germany Shoei Pyralux® LF flexible Mizushima, Japan composites Tokai, Japan Rexon® flexible laminates Utsunomiya, Japan Riston® photoresists Ichon, Korea Syton® colloidal silica slurry Luxembourg Hsinchu, Taiwan Taipei, Taiwan Bristol, United Kingdom Ruabon, United Kingdom DuPont Fluorochemicals www.dupont.com/dymel www.dupont.com/fire www.dupont.com/suva www.dupont.com/vertrel www.dupont.com/zyron Dymel® aerosol propellants Aerosol packaging Louisville, KY Acetylene Air Products FE™ fire extinguishants Electronics Deepwater, NJ Chloroform Atofina Chemicals Formacel® blowing agents Foams Corpus Christi, TX Hydrofluoric acid Daikin HCFC 22 refrigerants Precision cleaning Belle, WV Methanol Great Lakes Suva® refrigerants Refrigeration Maitland, Canada Perchloroethylene Honeywell Vertrel® cleaning agents Chiba, Japan INEOS Zyron® electronic gases Shimizu, Japan KDK Dordrecht, Solvay The Netherlands Dyneon/3M Humberside, United Kingdom D P 35 U ONT
  • 38. 2002 Reporting Segment DUPONT ELECTRONIC & COMMUNICATION TECHNOLOGIES Principal Products Major Markets Major Plants Major Raw Materials Significant Competitors DuPont Fluoropolymers www.dupont.com/tedlar www.teflon.com Nafion® ion exchange Aerospace Parlin, NJ Fluoropolymer Akzo Nobel membranes Automotive Buffalo, NY dispersions Asahi Chemical Tedlar® PVF film Chemical handling Fayetteville, NC HCFC 22 Asahi Glass Teflon® fluoropolymer and processing Circleville, OH hydrochlorofluorocarbon Ausimont Teflon® and Autograph® Data communications Parkersburg, WV Vinyl fluoride Daikin nonstick coatings Housewares Mechelen, Belgium Dyneon/3M for cookware Semiconductor Shenzhen, China Solvay Teflon® for industrial manufacture Shimizu, Japan Whitford Worldwide coating applications Dordrecht, Teflon® films The Netherlands Tefzel® fluoropolymer DuPont Imaging Technologies www.cyrel.dupont.com www.dupont.com/proofing Cromalin®, Dylux®, Thermal Printing Parlin, NJ Block copolymers Agfa 4-Color, and WaterProof ® Towanda, PA HMDA/HMDMA Asahi Chemical proofing systems Neu Isenburg, Germany Polyester films BASF Cyrel®, Digital Cyrel®, and Fuji Cyrel® Fast flexographic KPG/Imation printing plates MacDermid 36 D P U ONT
  • 39. 2002 Reporting Segment DUPONT PERFORMANCE MATERIALS DuPont Performance Materials provides customers with more productive, higher performance polymer materials, systems and solutions to improve the uniqueness, functionality and profitability of their product offerings. Polymer materials science is DPM’s core competency and it will access new markets and end users through materials substitution development. R&D efforts focus on designing new applications and processing materials into innovative parts and systems. DPM takes the lead as the primary route to market Craig G. Naylor for all DuPont products into the packaging industry and the automotive industry, with the exception of Group Vice President coatings. In other industries, DPM accesses routes-to-market via other Growth Platforms. DPM has a broad materials product portfolio, world-class development expertise, and strong global market positions – delivering innovative materials solutions where they add the greatest value. Growth Platform Leaders Theo G. Krapels Terry Caloghiris Craig F. Binetti Henry B. Voigt President & CEO Vice President/ Vice President/ Vice Chairman & DuPont Dow General Manager General Manager Chief Operating Elastomers DuPont Engineering DuPont Packaging & Officer Polymers Industrial Polymers DuPont Teijin Films TM Overview 1 (dollars in millions) 2001 2000 1999 Total Segment Sales 4,693 5,334 5,431 Transfers 89 182 194 After-Tax Operating Income – Underlying 277 578 580 After-Tax Operating Income – Reported 232 578 520 Depreciation and Amortization 166 173 249 Equity in Earnings of Affiliates (16) 85 70 Provision for Income Taxes 193 339 351 Segment Net Assets 3,263 3,452 3,175 Affiliate Net Assets 1,194 1,302 974 Expenditures for Long-Lived Assets 149 176 226 2001 Segment Sales by Major Industry 1 Other 13% Agriculture/Food 7% Construction/ Materials 10% Packaging 16% Electrical & Electronics 8% Personal & Health Care 8% Motor Vehicle 38% D P 37 1 For presentation purposes, these pages present FY2001 operating unit data organized by the company’s new U ONT (FY2002) operating structure. Please see Note from Investor Relations on inside front cover for explanation.
  • 40. 2002 Reporting Segment DUPONT PERFORMANCE MATERIALS Principal Products Major Markets Major Plants Major Raw Materials Significant Competitors DuPont Engineering Polymers www.plastic.dupont.com Crastin® PBT polyester Aerospace Newark, DE Butadiene AlliedSignal resins Appliance Circleville, OH Butanediol Amoco Polymers Delrin® acetal resins Automotive Cleveland, OH Caprolactam BASF Hytrel® polyester Cosmetics Charleston, SC Cyclohexane Bayer elastomer Industrial hardware Chattanooga, TN Dodecanedioic acid GE Plastics Rynite® PET polyester Electrical/Electronics Richmond, VA Ethylene glycol Polyplastics resins Power tools Parkersburg, WV Glass fiber Solutia Tynex® nylon filaments Recreational goods Berazategui, Argentina Methanol Teijin Vespel® parts and shapes Semiconductor and Mechelen, Belgium Oxydianiline Toray Zenite™ LCP (liquid crystal business machines Kingston, Canada Para-hydroxybenzoic acid Wellman polymer) resins Maitland, Canada Paraxylene Zytel® and Minlon® nylon Shenzhen, China Polytetramethylene glycol resins Uentrop, Germany Pyromellitic dianhydride Madurai, India Savli, India Utsunomiya, Japan Luxembourg Tlalnepantla, Mexico Born, The Netherlands Dordrecht, The Netherlands Landgraaf, The Netherlands Rozenburg, The Netherlands Ulsan, Republic of Korea Singapore DuPont Packaging & Industrial Polymers www.dupont.com/industrial-polymers www.dupont.com/packaging www.dupont.com/safetyglass Clysar® polyolefin Adhesives Clinton, IA Acetic acid Air Products shrink film Construction Fayetteville, NC Acrylic acid Dow Elvaloy® AC acrylate Leisure/sporting goods LaPorte, TX Butyraldehyde Elf Atochem resins (EMA, EEA, EBA Packaging Orange, TX Ethylene Equistar copolymers) Textiles Victoria, TX Methacrylic acid ExxonMobil Elvanol® polyvinyl alcohol Transportation Parkersburg, WV Polyethylene HT Troplast resins Wire and cable Sarnia, Canada Polypropylene Kuraray Ethylene copolymers: LeTrait, France Reynolds Bynel® coextrudable Uentrop, Germany Sealed Air adhesive Chiba, Japan Sekisui Elvaloy® polymer modifiers Otake, Japan Solutia Elvax® ethylene vinyl Ulsan, South Korea acetate resins Dordrecht, Nucrel® acid copolymer The Netherlands resins Surlyn® resins Vamac® ethylene acrylic elastomer Glass laminating products: Butacite® polyvinyl butyral interlayer SentryGlas® intrusion resistant composite SentryGlas® Plus security interlayer 38 D P U ONT
  • 41. Principal Products Major Markets Major Plants Major Raw Materials Significant Competitors DuPont Teijin FilmsTM www.dupontteijinfilms.com Cronar® polyester Advertising Fayetteville, NC DMT Mitsubishi photographic film base and publishing Circleville, OH DMT/PTA SKC Kaladex® PEN film Construction Florence, SC Ethylene glycol Toray Melinex® polyester film Electronics Old Hickory, TN 2,6NDC Melinex® ECO® polyester film Medical and Hopewell, VA Mylar® polyester film healthcare Martinsville, VA Revval® reprocessed, Packaging Richmond, VA coated film Photo arts Foshan, China Teijin® Tetoron® PET Recording Ningbo, China polyester film Transportation Jakarta, Indonesia Teonex® PEN polyester film Gifu, Japan Ibaraki, Japan Sagamihara, Japan Utsunomiya, Japan Luxembourg Rozenburg, The Netherlands Dumfries, United Kingdom DuPont Dow Elastomers www.dupont-dow.com Engage® polyolefin Adhesives Newark, DE Butadiene Ausimont elastomer Aerospace Louisville, KY Chlorine Bayer HDPE Automotive LaPlace, LA Ethylene Daikin Hypalon® chlorosulfonated Chemical processing Plaquemine, LA Hydrofluoric acid Denka polyethylene Construction Deepwater, NJ Octene DSM Kalrez® perfluoroelastomer Plastics modification Beaumont, TX Perfluoromethylvinyl Dyneon/3M parts Semiconductor Freeport, TX ether Enichem Neoprene synthetic Wire and cable Stade, Germany Polyethylene Exxon rubber Kawasaki, Japan Propylene Nordel® hydrocarbon Dordrecht, rubber The Netherlands Tyrin® chlorinated polyethylene Viton® fluoroelastomer D P 39 U ONT
  • 42. 2002 Reporting Segment DUPONT SAFETY & PROTECTION Building on the 200-year record of DuPont as one of the safest companies in the world, DuPont Safety & Protection extends the company’s knowledge, technology and experience to deliver solutions to protect people, property and operations worldwide. The Platform applies a wide range of technologies, brands and know-how to expand its presence across a spectrum of industrial, service and residential markets. Recognized brands pervade its portfolio, including Kevlar ®, Tyvek ®, Nomex ®, Oxone® and SafeReturnsTM. Coupling brands with strong channel access and Ellen J. Kullman technology-based core competencies, DuPont Safety & Protection will define the safety, protection and Group Vice President security market space as well as serve as the route-to-market to the construction industry for DuPont. To grow, the Platform will continue to develop innovative high performance fibers and apparel, clean and disinfect chemistries, biological testing systems, and high performance polymers, surfaces and films. Growth Platform Leaders William J. Harvey Jeffrey A. Coe Keith R. McLoughlin James A. Forsman Harry Parker Vice President/ Vice President/ Vice President/ Global Business Vice President/ General Manager General Manager General Manager Director General Manager DuPont Advanced DuPont Chemical DuPont Nonwovens DuPont Safety DuPont Surfaces Fiber Systems Solutions Enterprise Resources Overview 1 (dollars in millions) 2001 2000 1999 Total Segment Sales 3,574 3,694 3,447 Transfers 201 228 214 After-Tax Operating Income – Underlying 485 593 545 After-Tax Operating Income – Reported 451 576 547 Depreciation and Amortization 151 155 152 Equity in Earnings of Affiliates 10 11 10 Provision for Income Taxes 294 324 317 Segment Net Assets 1,695 1,588 1,665 Affiliate Net Assets 75 75 72 Expenditures for Long-Lived Assets 187 147 167 2001 Segment Sales by Major Industry 1 Chemical/ Other 27% Petrochemical 11% Electrical & Personal & Electronics 7% Health Care 8% Motor Vehicle 5% Textile/Apparel 24% Construction/ Materials 18% 40 D P 1 For presentation purposes, these pages present FY2001 operating unit data organized by the company’s new U ONT (FY2002) operating structure. Please see Note from Investor Relations on inside front cover for explanation.
  • 43. Principal Products Major Markets Major Plants Major Raw Materials Significant Competitors DuPont Advanced Fiber Systems www.dupont.com/afs Kevlar® brand fiber Aerospace and aircraft Richmond, VA Isophthaloyl chloride Amoco Nomex® brand fiber and Automotive Osaka, Japan Metaphenylenediamine BASF paper Electrical equipment Tokai, Japan Paraphenylenediamine Hoechst/Celanese Teflon® brand fiber Electronics Asturias, Spain Polytetrafluoroethylene Honeywell Military/Law enforcement Maydown, Terephthaloyl chloride Kuraray Protective apparel United Kingdom Lenzing Telecommunications Rhodia Teijin W. L. Gore DuPont Chemical Solutions Enterprise Specialty & Performance Chemicals www.chemoswed.com www.dupont.com/fluoroguard www.dupont.com/glycolicacid www.dupont.com/lubricants www.dupont.com/oxone www.dupont.com/releasesystems www.dupont.com/tyzor www.dupont.com/vazo www.dupont.com/zonyl www.idiclo2.com Anthium® chlorine dioxide 1Automotive 1Deepwater, NJ 1Acrylic esters 1Akzo solutions 1Chemical intermediates 1North Kingstown, RI 1Ammonia 1Asahi Glass Fasloc® anchorage systems 1Textile 1Memphis, TN 1Caustic 1Ausimont Fine and custom chemicals 1Belle, WV 1Formalin 1Clariant 5-Sulfoisophthalic acid 1Martinsburg, WV 1Hexafluoropropyleneoxide 1Daikin derivatives 1Malmö, Sweden 1Hydrogen cyanide 1Eastman Fluoroguard® polymer 1Iodine 1Elf Atochem additive 1Isophthalic acid 1ICI Glycolic acid 1Ketones 1Nippon Hydrazine Krytox® lubricants 1Methanol 13M Oxone® monopersulfate 1Oleum Teflon® soil, rain and 1Polyester resins stain protectors 1Tetrafluoroethylene TraSys® mold release 1Titanium tetrachloride systems Tyzor® organic titanates Vazo® initiators Zonyl® fluorochemical intermediates and surfactants Industrial Chemicals www.dupont.com/dms www.dupont.com/sodium www.dupont.com/specintermediates www.dupont.com/sulfurproducts Acrylonitrile Mining Wurtland, KY Ammonia Air Products Aniline Polymer intermediates Burnside, LA Benzene BASF Chlorosulfonic acid Textile LaPlace, LA Caustic Bayer Dimethyl sulfate Deepwater, NJ Chlorine BP Hydrogen cyanide Niagara Falls, NY Hydrogen Chem First Methylamines/ Fort Hill, OH Isophthalic acid Cytec Methylamides Memphis, TN Methane Degussa Phenylenediamines Beaumont, TX Methanol FMC Phthaloyl chlorides James River, VA Natural gas General Chemical Sodium cyanide Belle, WV Nitric acid Metaux Sodium/Lithium Oleum Olin Sulfuric acid (fuming Sodium chloride Rhodia and nonfuming) Sulfur D P 41 U ONT
  • 44. 2002 Reporting Segment DUPONT SAFETY & PROTECTION Principal Products Major Markets Major Plants Major Raw Materials Significant Competitors DuPont Nonwovens www.tyvek.com www.sontara.com Cambrelle® textiles Absorbents Old Hickory, TN Polyester BBA Needlepunch and Carpeting Richmond, VA Polyethylene Kimberly Clark spunlace fabrics Construction Cerquilho, Brazil Polypropylene PGI Sontara® spunlaced Envelopes/Packaging Shenzhen, China Wood pulp products Footwear Utsunomiya, Japan Tyvek® brand protective Geotextiles Luxembourg material Graphics Asturias, Spain Typar® high-strength Home furnishings Workington, spunbonded products Medical and healthcare United Kingdom Protective apparel DuPont Safety Resources www.dupont.com/safety Integrated Consultative Transportation Safety consulting firms Solutions: Automotive SafeReturnsTM Trucking Ergonomics Rail Contractor Safety Air Asset Effectiveness Construction Capital Effectiveness Food/Agriculture Safety Management Oil and Gas/Energy Systems: Government/ Training services Municipalities and seminars Healthcare Implementation Support Training materials – STOPTM family DuPont Surfaces www.corian.com www.zodiaq.com Corian® solid surfaces Consumer goods Buffalo, NY Alumina trihydrate Formica IntegriSSM solutions Education Toyama, Japan Methyl methacrylate Granite Zodiaq® quartz surfaces Food service Anyang, Korea Quartz Wilson Art (ITW) Home and architectural Thetford Mines, Canada interiors Lodging Medical and healthcare Retail fixtures 42 D P U ONT
  • 45. 2002 Reporting Segment DUPONT TEXTILES & INTERIORS DuPont Textiles & Interiors is the world’s largest integrated textile company, serving the apparel, interiors, textiles and specialty intermediates markets. DTI has the most extensive world-wide reach versus its competition, robust technology and an innovative prod- uct pipeline. By combining strengths in textiles, fibers and industry distribution, DTI can extend its competitive advantages in the rapidly evolving textiles industry and capitalize on its operational scale and scope. DTI’s leading global consumer brands – including Lycra®, Teflon®, Stainmaster ®, Antron®, Tactel ®, Supplex®, Richard R. Goodmanson Coolmax®, Thermolite® and Cordura® – create pull-through demand for DTI’s products. DTI is the largest Executive Vice President competitor in more than 65 percent of its market spaces. Growth initiatives focus on innovating and marketing & Chief Operating Officer fiber products, intermediates and related services that enhance fashion, care, comfort and performance. George F. MacCormack Steven R. McCracken Group Vice President Group Vice President Growth Platform Leaders William Ghitis Alan S. Wolk Kenneth W. Wall Vice President/ Vice President / Vice President / General Manager General Manager General Manager DuPont Apparel DuPont Flooring DuPont Intermediates Overview 1 (dollars in millions) 2001 2000 1999 Total Segment Sales 6,477 7,722 7,788 Transfers 84 114 214 After-Tax Operating Income – Underlying 70 709 770 After-Tax Operating Income – Reported (340) 740 424 Depreciation and Amortization 465 501 526 Equity in Earnings of Affiliates (33) 73 57 Provision for Income Taxes (176) 344 364 Segment Net Assets 6,219 6,830 6,621 Affiliate Net Assets 1,552 1,582 816 Expenditures for Long-Lived Assets 341 494 618 2001 Segment Sales by Major Industry 1 Textile/Apparel 50% Motor Vehicle 11% Home Furnishings 28% 1 For presentation purposes, these pages present FY2001 operating unit data organized by the company’s new (FY2002) operating structure. Please see Note from Investor Relations on inside front cover for explanation. Other 11% D P 43 U ONT
  • 46. 2002 Reporting Segment DUPONT TEXTILES & INTERIORS Principal Products Major Markets Major Plants Major Raw Materials Significant Competitors Fibers Apparel www.lycra.com www.dupont.com/ats www.dupont.com/cordura www.dupont.com/supplex www.dupont.com/coolmax www.dupont.com/thermolite www.lycrashop.com Yarns including Lycra®, Activewear Waynesboro, VA Terathane® Asahi Chemical Supplex®, Coolmax®, Footwear Mercedes, Argentina polytetramethylene Bayer Stainmaster®, Cordura®, Intimate Apparel Paulinia, Brazil ether glycol (PTMEG) Fillatice Thermolite®, Supplex®, Legwear Maitland, Canada Adipic acid Hyosung Stainmaster®, Elaspan® and Outdoor apparel Shanghai, China Caprolactam Radici treatments including Teflon® Ready to Wear Shiga, Japan Hexamethylenediamine Tae Kwang Unbranded spandex, nylon Swimwear Monterrey, Mexico Tongkook and polyester yarns Dordrecht, The Netherlands Toyobo Kerkrade, The Netherlands Universal Singapore BASF Maydown, United Kingdom Fermosa (FcFc) Seaford, DE Kolon Athens, GA Nilit Chattanooga, TN Toray Americana, Brazil Nylstar Kuan Yin, Taiwan Oestringen, Germany Gloucester, United Kingdom Lianyungang, China Flooring antron.dupont.com www.stainmaster.com Nylon fibers for residential Area rugs Seaford, DE Adipic acid BASF carpets including: Automotive Carpeting Athens, GA Hexamethylenediamine Beaulieu Stainmaster® carpet Commercial Flooring Camden, SC Honeywell Stainmaster® Xtra Life® carpet Residential Flooring Waynesboro, VA Kosa Stainmaster® MasterLife® Kingston, Canada Rhodia Stainmaster® Grand Luxura® Oestringen, Germany Solutia Nylon fibers for Mihara, Japan Toray commercial carpets Kerkrade, The Netherlands Universal Fiber Systems including: Antron® Legacy, Antron® Lumena® and DSDN® Tactesse®, Natrelle®, FiberLoc® Fibers Service Marks DuPontTM MasterStore® DuPontTM MasterGalleryTM DuPontTM Flooring Center ® DuPontTM Stainmaster ® Fashion Showplace® Home & Industrial www.dupont.com/cordura www.dupont.com/sleep products www.dupont.com/insulations Spandex (elastane), nylon and Sleep Products Chattanooga, TN PTMEG BASF polyester yarns including Government Kingston, Canada Adipic Acid Formosa/Nan Ya Lycra®, Cordura® and Travel Gloucester, United Kingdom Caprolactam Hankook Stainmaster ® and Airbags Dordrecht, Netherlands Hexamethylenediamine Rhone-Poulenc SNIA treatments including Teflon® Technical Fabrics Maitland, Canada Tongkook Home Textiles Shiga, Japan Tong Yang Personal Care Waynesboro, VA Tuntex Toray Radici SANS 44 D P U ONT
  • 47. Principal Products Major Markets Major Plants Major Raw Materials Significant Competitors Intermediates Nylon Intermediates, Specialties & Polymer www.dupont.com/intermediates Adi-pure® adipic acid Adhesives and Coatings Seaford, DE Adipic Acid Asahi Kasai Adiponitrile Footwear Camden, SC Ammonia BASF Bishexamethylene triamine Lubricants Chattanooga, TN Butadiene DSM C12 intermediates Nylon fibers Orange, TX Caprolactam Degussa-Huls Caprolactam Nylon resins Victoria, TX Cyclohexane Radici COP acid Solvents Camacari, Brazil Hexamethylenediamine Rhodia DBE dibasic esters Chalampe, France Natural gas Solutia Diaminocyclohexane Salamanca, Mexico Ube Dodecanedioic acid Maitland, Canada Dytek® A amine Monterrey, Mexico Dytek® EP diamine Rozenburg, The Netherlands Hexamethylenediamine (HMD) Singapore Hexamethyleneimine Wilton, United Kingdom Nylon polymer Uentrop, Germany Pentenenitrile 2-Methylglutaronitrile PTMEG Intermediates www.dupont.com/terathane Terathane® Automotive Niagara Falls, NY Acetylene BASF polytetramethylene Adhesives & Sealants LaPorte, TX Butanediol Mitsubishi Chemical ether glycol (PTMEG) Sporting Goods Dordrecht, The Netherlands Methanol Hodagaya Tetrahydrofuran (THF) Apparel (spandex) Asturias, Spain N-Butane Penn Specialties Butanediol (BDO) Foams Tetrahydrofuran Lyondell Coatings BP Korea PTG Dairen Formosa Asahi D P 45 U ONT
  • 48. 2002 Reporting Segment DUPONT TEXTILES & INTERIORS Principal Products Major Markets Major Plants Major Raw Materials Significant Competitors Other Businesses Industrial Nylon www.dusainternational.com Nylon high-tenacity yarns Belts and hoses Laurel Hill, NC Adipic Acid Asahi Chemical Greige and treated Tires Whiteville, NC Caprolactam Kolon tire cord fabrics Ropes Chattanooga, TN Hexamethylenediamine Rhodia Single end cord Webbing Berazategui, Argentina Solutia Camacari, Brazil Toray Cairo, Egypt Accordis Muehlhausen, Germany Izmit, Turkey Fibers, Resins & Intermediates www.dupont.com/polyester Polyester fibers for Apparel Kinston, NC Ethylene glycol KoSa fabrics including Dacron®, Automotive Terephthalic acid (TPA) Nan Ya Micromattique® and Softec® Home Furnishings Toray Polyester technology, licensing and counseling DuPontSA www.dupontsa.com Dimethylene terephthalate Food & Beverage Uentrop, Germany Methanol BP (DMT) containers Adana, Turkey Monoethylene glycol Eastman PET resins Specialty Nonwoven Pontypool, United Kingdom Paraxylene Interquisa Polyester fibers: filament, Fabrics Wilton, United Kingdom Korteks staple, and fiberfill Textiles (apparel, KoSa Purified terephthalic acid home furnishings, Montefibre (PTA) automotive) Musso & Ghisolfi Oxxynova Unifi 46 D P U ONT
  • 49. 2002 Reporting Segment PHARMACEUTICALS On October 1, 2001, DuPont Pharmaceuticals was sold to the Bristol-Myers Squibb Company. DuPont retained its interest in Cozaar ® and Hyzaar ®. These antihypertensive drugs were discovered by DuPont and developed in collaboration with Merck. Effective with fourth quarter 2001 results, the Pharmaceuticals segment reflected only DuPont’s share of the financial results of this ongoing collaboration. The company has exclusively licensed marketing rights for Cozaar ® and Hyzaar ® to Merck. Cozaar ® and Hyzaar ® are the leading angiotensin II receptor blockers (AIIA) worldwide in the treatment of hypertension. Cozaar ® is the first and only antihypertensive to demonstrate, in an important outcomes study, a significant reduction in End-Stage Renal Disease (ESRD) in Type 2 diabetes, which is among the fastest growing public health concerns. The U.S. patents covering Cozaar ® and Hyzaar ® compounds, pharmaceutical formulation and use for treatment of hypertension expire in 2010. Financial overview data is given on page 23. 2002 Reporting Segment OTHER This segment contains several growth initiatives as well as the DuPont Global Services Business and holdings from several of the company’s divested and nonaligned businesses. In aggregate, sales from these businesses represent about 1 percent of total company sales. Thomas M. Connelly Senior Vice President & Chief Science & Technology Officer By building on DuPont expertise in materials development, microbial biology, genetics and plant biology, Bio-Based Materials Bio-Based Materials develops and produces novel materials with superior functionality that offer significant growth potential. SoronaTM, a 3GT polymer made from corn glucose, is the first commercially available product in this business. Intellectual Assets Business is the portal into DuPont technology and know-how, giving access to its Intellectual Assets large patent estate through license and donation arrangements. This inventory of DuPont technologies is Business now available for licensing to other companies through the DuPont Technology Bank. The Corporate Ventures program leverages a variety of knowledge platforms and routes-to-market Corporate Ventures for cost-effective exploration to create new solutions with significant market potential. By scanning the marketplace, analyzing technologies on the horizon, and finding the intersections of DuPont competen- cies with market needs and trends, Corporate Ventures helps create future business opportunities. For presentation purposes, these pages present FY2001 operating unit data organized by the company’s new D P 47 U ONT (FY2002) operating structure. Please see Note from Investor Relations on inside front cover for explanation.
  • 50. MAJOR GLOBAL SITES AND PRINCIPAL PRODUCTS (includes joint ventures and major affiliates) NORTH AMERICA Canada Spain Ajax Automotive finishes Asturias Tetrahydrofuran (THF); Nomex® brand fiber; Chatham Agricultural seed Sontara® spunlaced products; crop protection Kingston Nylon fibers; Zytel® and Minlon® nylon resins Sweden Maitland Nylon intermediates, specialties and polymer; Suva® Malmö Fine and custom chemicals refrigerants; Zytel® and Minlon® nylon resins; Switzerland Lycra® elastane Meyrin Research laboratories Thetford Mines Zodiaq® quartz surfaces Sarnia Ethylene copolymers Turkey Adana Agricultural seed; dimethyl terephthalate (DMT); Mexico polyester fibers, resins, and intermediates Altamira Ti-Pure® titanium dioxide Izmit Industrial nylon Culiacan Agricultural seed Lerma Crop protection United Kingdom Monterrey Lycra® elastane; nylon yarns Bristol Microcircuit materials Tlalnepantla Automotive finishes; engineering polymers Dumfries Mylar®, Melinex® and Kaladex® PEN polyester films Gloucester Nylon yarns SOUTH AMERICA Humberside Dymel® aerosol propellants Maydown, Londonderry Lycra® elastane; Kevlar® brand fiber Argentina Peterborough Soy protein-based consumer food products Berazategui Zytel® and Minlon® nylon resins; industrial nylon Pontypool Dacron® and other polyester fibers Mercedes Lycra® elastane and nylon yarns Ruabon Syton® and Mazin® colloidal silica slurries Salto Agricultural seed Wilton Nylon intermediates, specialties, and polymer; Brazil purified terephthalic acid (PTA) and resins Americana Nylon yarns Workington Cambrelle® textiles Camacari Industrial nylon and polymer AFRICA Cerquilho Needlepunch and spunlace fabrics Itumbiara Agricultural seed Zimbabwe Nordeste Zytel® nylon resin Juru Agricultural seed Paulinia Lycra® elastane; Riston® photoresists ASIA PACIFIC Sao Paulo Automotive finishes Uberaba Ti-Pure® titanium dioxide Australia Girraween Crop protection Chile Narromine Agricultural seed Paine Agricultural seed China Venezuela Dongguan Microcircuit materials Valencia Automotive finishes Foshan Mylar® and Melinex® polyester films Ningbo Polyester films EUROPE AND MIDDLE EAST Qingdao Industrial nylon Shanghai Crop protection; Lycra® elastane Austria Shenzhen Riston® photoresists; engineering polymers; Guntramsdorf Automotive finishes and industrial coatings Sontara® spunlaced products; Tyvek® brand Belgium protective material; Teflon® nonstick coatings Ieper Soy protein isolate food ingredients Suzhou Dacron® and other polyester fibers Mechelen Teflon® nonstick coatings; automotive Wuhan Soy protein isolate food ingredients and oils finishes; engineering polymers; India Vespel® parts and shapes Chennai Agricultural seed Egypt Madurai Tynex® nylon filaments Cairo Industrial nylon Savli Engineering polymers; crop protection France Indonesia Aussonne Agricultural seed Citeureup Industrial nylon Cernay Crop protection Jakarta Polyester films Le Mans Automotive and industrial finishes Malang Agricultural seed Le Trait Packaging films and systems Surabaya Crop protection Loon-Plage Crop protection Japan Montbrison Powder coatings Chiba Suva® refrigerants; ethylene copolymers Gifu Polyester films Germany Ibaraki Mylar® and Melinex® polyester films Cologne Automotive and industrial finishes Kawasaki Neoprene synthetic rubber Muhlhausen Industrial nylon Mihara Nylon yarns Neu Isenburg Riston® photoresists; Cyrel®, Digital Cyrel®, and Mizushima Kapton® polyimide film Cyrel® Fast flexographic printing plates Osaka Nomex® brand paper Oestringen Nylon yarns and fibers Otake Ethylene copolymers Stade Tyrin® chlorinated polyethylene Sagimihara Polyester films Uentrop Engineering polymers; Butacite® polyvinyl butyral Shiga Lycra® elastane interlayer; Dacron® and other polyester fibers Shimizu Teflon® fluoropolymer; fluorochemicals Vaihingen Permatex® industrial coatings Tokai Kapton® polyimide film; Kevlar® brand fiber Wuppertal Automotive and industrial finishes Toyama Corian® solid surfaces Hungary Utsunomiya Engineering polymers; microcircuit materials; Szarvas Agricultural seed Riston® photoresists; Vespel® parts and shapes; Tyvek® brand protective material; polyester films Italy Bolzano Crop protection Philippines Sissa Agricultural seed Cabuyao Crop protection Luxembourg Republic of Korea Cronar® polyester photographic film base; Mylar® and Anyang Corian® solid surfaces Melinex® polyester films; engineering polymers; Ichon Riston® photoresists Tyvek® brand protective material; Typar® high-strength Ulsan Butacite® polyvinyl butyral interlayer; spunbonded products; Kapton® polyimide film engineering polymers The Netherlands Singapore Born Zytel® and Minlon® nylon resins; Rynite® PET Zytel® and Minlon® nylon resins; nylon intermediates, polyester resins specialties, and polymer; Delrin® acetal resins; Dordrecht Delrin® acetal resins; Lycra® elastane; Lycra® brand elastane; Lycra® research laboratory Teflon® fluoropolymer; Viton® fluoroelastomer; Taiwan Terathane® polytetramethylene ether glycol Hsinchu Rexon® flexible laminates (PTMEG); ethylene copolymers; fluorochemicals Kuan Yin Ti-Pure® titanium dioxide; nylon yarns; purified Kerkrade Lycra® elastane terephthalic acid (PTA) Landgraaf Tynex® nylon filaments Lung Tan Crop protection Rozenburg Nylon polymers; Zytel® and Minlon® nylon resins; Taipei Microcircuit materials; ATS customer research Mylar® and Melinex® polyester films Thailand Bangpoo Crop protection 48 D P U ONT
  • 51. MAJOR UNITED STATES SITES AND PRINCIPAL PRODUCTS (includes joint ventures and major affiliates) Alabama Ohio Mobile Crop protection Circleville Vespel® parts and shapes; Kapton® polyimide film; Mylar® and Melinex® polyester films; California Teflon® fluoropolymer Santa Barbara Polymer-OLED (organic light-emitting diode) Cleveland Vespel® parts and shapes display devices Fort Hill Sulfur products and specialty acids Torrance LCD enhancement Grand Rapids Agricultural seed Woodland Agricultural seed Oklahoma Connecticut Pryor Soy protein isolate food ingredient Bridgeport Security and authentication solutions Pennsylvania Delaware Towanda Riston® photoresists and Pyralux® flexible laminates; Edge Moor Ti-Pure® titanium dioxide; ferric chloride Cromalin®, Dylux®, Thermal 4-Color and WaterProof® Newark – Pencader Vespel® parts and shapes proofing systems; Green Tape™ low temperature Newark – Stine-Haskell Lab Research co-fired ceramic; photopolymer holographic film Newark – Tralee Park Kalrez® perfluoroelastomer parts Rhode Island Seaford Nylon yarns, fibers and polymer parts North Kingstown Specialty chlorine dioxide Wilmington – Chestnut Run Customer service center South Carolina Wilmington – Camden Nylon fibers and polymer Concord Plaza Microbial diagnostic products and services Charleston Crastin® PBT polyester resins; Hytrel® polyester Wilmington – elastomer Experimental Station Research and development Florence Mylar® and Melinex® polyester films; Cronar® polyester photographic film base Florida Starke Zircon; Starblast® abrasives Tennessee Chattanooga Nylon yarns and polymer; Zytel® and Minlon® nylon Georgia resins; Zenite™ LCP liquid crystal polymer resins Athens Nylon yarns and fibers Memphis Hydrogen cyanide and derivatives; soy protein isolate Illinois food ingredient; Oxone® monopersulfate El Paso Crop protection New Johnsonville Ti-Pure® titanium dioxide McLeansboro Agricultural seed Old Hickory Sontara® spunlaced products; Crystar® specialty Princeton Agricultural seed resin; dimethyl terephthalate (DMT); Indiana Biomax® hydro/biodegradable polyester resin Tipton Agricultural seed Texas Iowa Bayport Kapton® polyimide film Algona Agricultural seed Beaumont Acrylonitrile and aniline; Hypalon® chlorosulfonated Clinton Packaging films and systems polyethylene Des Moines Specialty grains and production systems Corpus Christi Suva® refrigerants; Formacel® blowing agents; Fort Madison Automotive finishes; ink jet inks Dymel® aerosol propellants Reinbeck Agricultural seed Freeport Engage® polyolefin elastomer Houston Powder coatings Kentucky LaPorte Lycra® intermediates; Elvanol® polyvinyl alcohol resins; Louisville Neoprene synthetic rubber; fluorochemicals; crop protection; Terathane® polytetramethylene soy protein-based industrial polymer products ether glycol (PTMEG) Wurtland Sulfur products and specialty acids Orange Nylon intermediates, specialties and polymer; Louisiana ethylene copolymers Burnside Sulfur products and specialty acids Victoria Nylon intermediates, specialties and polymer; La Place Neoprene synthetic rubber; phenylenediamines ethylene copolymers Plaquemine Tyrin® chlorinated polyethylene; HDPE; Nordel® Westlaco Agricultural seed hydrocarbon rubber Utah Michigan Logan Holographic optical elements and security Constantine Agricultural seed authentication holograms Mount Clemens Automotive finishes Virginia Minnesota Front Royal Automotive finishes Jackson Agricultural seed Hopewell Mylar®, Melinex® and Kaladex® PEN Minneapolis Soy protein-based consumer food products polyester films James River Sulfur products and specialty acids Mississippi Martinsville Revval® reprocessed, coated film De Lisle Ti-Pure® titanium dioxide Richmond Mylar® and Melinex® polyester films; Tyvek® brand Nebraska protective material; Kevlar® brand fiber; Nomex® brand York Agricultural seed fiber and paper; Teflon® brand fiber; Zytel® and New Jersey Minlon® nylon resins Deepwater Specialty and performance chemicals; fluorochemicals; Waynesboro Lycra® elastane and nylon fibers elastomers; industrial chemicals West Virginia Parlin Cyrel®, Digital Cyrel® and Cyrel® Fast flexographic printing Belle Dymel® aerosol propellants; methylamines/ plates; Teflon® and Autograph® nonstick coatings; methylamides; dimethyl sulfate; Pyralin® polyimide coatings; Cromalin®, Dylux®, glycolic acid; Vazo® initiators Thermal 4-Color and WaterProof® proofing systems Martinsburg Fasloc® anchorage systems New York Parkersburg Teflon® and Tefzel® fluoropolymers; Butacite® Buffalo Corian® solid surfaces; Tedlar® PVF film polyvinyl butyral interlayer; Zytel® and Minlon® nylon Niagara Falls Terathane® polytetramethylene ether glycol (PTMEG); resins; Delrin® acetal resins; Rynite® PET and sodium and lithium Crastin® PBT polyester resins; Hytrel® polyester Rochester Ink jet inks elastomer; Zenite™ LCP liquid crystal polymer resins; Tynex® filaments North Carolina Fayetteville Butacite® polyvinyl butyral interlayer; Nafion® ion Puerto Rico exchange membranes Manati Crop protection; microcircuit materials Kinston Dacron® and other polyester fibers; SoronaTM polymer Laurel Hill Industrial nylon Laurinburg Agricultural seed Research Triangle Park Electronic materials R&D and customer service center Whiteville Industrial nylon DUPONT 4 49
  • 52. DuPont Investor Relations 1007 Market Street Wilmington, DE 19898 (302) 774-4994 Fax: (302) 773-2631 Internet: www.dupont.com H-88697