This document is PACCAR Inc's annual report (Form 10-K) filed with the SEC for the fiscal year ended December 31, 2002. It summarizes PACCAR's principal businesses as the manufacture and distribution of light, medium, and heavy-duty trucks and aftermarket parts, as well as financing and leasing services. It provides details on the company's industry segments, properties, legal proceedings, market for stock, and selected financial data. The report is incorporated by reference into the company's proxy statement for its annual stockholders meeting.
1) PACCAR Inc is a manufacturer of light, medium, and heavy-duty trucks sold under brands like Peterbilt, Kenworth, DAF, and Foden.
2) The company operates truck manufacturing plants in the US, Europe, Australia, Canada, and Mexico. Trucks and parts sales make up over 90% of the company's business.
3) PACCAR competes in both the North American and European commercial vehicle markets. While it uses independent dealers to distribute trucks and parts, it also provides financing and leasing services related to its products.
This document is PACCAR Inc's annual report on Form 10-K for the fiscal year ended December 31, 2004 filed with the Securities and Exchange Commission. It summarizes PACCAR's principal business operations, financial data, properties and legal proceedings. PACCAR designs, manufactures and distributes light, medium and heavy-duty trucks under the Peterbilt, Kenworth, DAF and Foden nameplates and provides financing and leasing services to customers and dealers. It operates truck manufacturing plants and parts distribution centers across the US, Canada, Mexico, Europe, Australia and other countries.
This document is PACCAR Inc's annual report on Form 10-K filed with the SEC for the fiscal year ended December 31, 2006. PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty trucks under the Kenworth, Peterbilt, and DAF nameplates for use worldwide. It also provides financing and leasing services for its trucks and other transportation equipment. The company has manufacturing plants in the US, Europe, Australia, Canada, and Mexico and sells its trucks through independent dealers.
This document is Sunoco Inc.'s SEC Form 10-K for the 2004 fiscal year. It provides an overview of Sunoco's business operations, which include petroleum refining and marketing, chemicals manufacturing, logistics services, and cokemaking. In 2004, Sunoco acquired a refinery in New Jersey and retail gas stations in several states, and sold interests in some chemical facilities. The filing includes details on Sunoco's five business segments and financial information for the previous three years.
This document is a Form 10-K annual report filed by Supervalu Inc. with the SEC. It summarizes that Supervalu operates various retail food store formats including extreme value stores under Save-A-Lot and Deals, regional price superstores under banners like Cub Foods, and regional supermarkets. It also provides food distribution and logistics services. As of the fiscal year end, it operated 1,417 retail stores and was affiliated with nearly 4,000 additional retail food stores as a supplier. The report provides further details on the company's operations, properties, competition, employees and financial segment information.
This document is Dover Corporation's annual report on Form 10-K for the fiscal year ending December 31, 2002 filed with the United States Securities and Exchange Commission. It provides an overview of Dover's business strategy, management philosophy, acquisition and divestiture activities, and descriptions of its four business segments and their operating companies. Dover is a diversified industrial manufacturing company comprised of about 50 operating companies that manufacture specialized industrial products and equipment.
- International Paper Company is a global forest products, paper and packaging company with operations in North America, South America, Europe, Asia, and Australia. It operates pulp, paper, packaging, and wood products facilities.
- It has six business segments: printing papers, industrial and consumer packaging, distribution, forest products, Carter Holt Harvey, and other businesses. It sells paper, packaging, and wood products.
- It has approximately 100,000 employees worldwide, with 63,000 in the United States. It invests in research and development and complies with environmental regulations. It is subject to competition in global paper markets.
This document is Sunoco Inc.'s annual report (Form 10-K) filed with the SEC for the 2005 fiscal year. It provides information on Sunoco's business operations, organizational structure, financial performance, risk factors, and other disclosures required by the SEC. Specifically, it summarizes that Sunoco operates in five business segments: Refining and Supply, Retail Marketing, Chemicals, Logistics, and Coke. It owns and operates five petroleum refineries in the US and markets fuels through a network of over 4,700 retail outlets.
1) PACCAR Inc is a manufacturer of light, medium, and heavy-duty trucks sold under brands like Peterbilt, Kenworth, DAF, and Foden.
2) The company operates truck manufacturing plants in the US, Europe, Australia, Canada, and Mexico. Trucks and parts sales make up over 90% of the company's business.
3) PACCAR competes in both the North American and European commercial vehicle markets. While it uses independent dealers to distribute trucks and parts, it also provides financing and leasing services related to its products.
This document is PACCAR Inc's annual report on Form 10-K for the fiscal year ended December 31, 2004 filed with the Securities and Exchange Commission. It summarizes PACCAR's principal business operations, financial data, properties and legal proceedings. PACCAR designs, manufactures and distributes light, medium and heavy-duty trucks under the Peterbilt, Kenworth, DAF and Foden nameplates and provides financing and leasing services to customers and dealers. It operates truck manufacturing plants and parts distribution centers across the US, Canada, Mexico, Europe, Australia and other countries.
This document is PACCAR Inc's annual report on Form 10-K filed with the SEC for the fiscal year ended December 31, 2006. PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty trucks under the Kenworth, Peterbilt, and DAF nameplates for use worldwide. It also provides financing and leasing services for its trucks and other transportation equipment. The company has manufacturing plants in the US, Europe, Australia, Canada, and Mexico and sells its trucks through independent dealers.
This document is Sunoco Inc.'s SEC Form 10-K for the 2004 fiscal year. It provides an overview of Sunoco's business operations, which include petroleum refining and marketing, chemicals manufacturing, logistics services, and cokemaking. In 2004, Sunoco acquired a refinery in New Jersey and retail gas stations in several states, and sold interests in some chemical facilities. The filing includes details on Sunoco's five business segments and financial information for the previous three years.
This document is a Form 10-K annual report filed by Supervalu Inc. with the SEC. It summarizes that Supervalu operates various retail food store formats including extreme value stores under Save-A-Lot and Deals, regional price superstores under banners like Cub Foods, and regional supermarkets. It also provides food distribution and logistics services. As of the fiscal year end, it operated 1,417 retail stores and was affiliated with nearly 4,000 additional retail food stores as a supplier. The report provides further details on the company's operations, properties, competition, employees and financial segment information.
This document is Dover Corporation's annual report on Form 10-K for the fiscal year ending December 31, 2002 filed with the United States Securities and Exchange Commission. It provides an overview of Dover's business strategy, management philosophy, acquisition and divestiture activities, and descriptions of its four business segments and their operating companies. Dover is a diversified industrial manufacturing company comprised of about 50 operating companies that manufacture specialized industrial products and equipment.
- International Paper Company is a global forest products, paper and packaging company with operations in North America, South America, Europe, Asia, and Australia. It operates pulp, paper, packaging, and wood products facilities.
- It has six business segments: printing papers, industrial and consumer packaging, distribution, forest products, Carter Holt Harvey, and other businesses. It sells paper, packaging, and wood products.
- It has approximately 100,000 employees worldwide, with 63,000 in the United States. It invests in research and development and complies with environmental regulations. It is subject to competition in global paper markets.
This document is Sunoco Inc.'s annual report (Form 10-K) filed with the SEC for the 2005 fiscal year. It provides information on Sunoco's business operations, organizational structure, financial performance, risk factors, and other disclosures required by the SEC. Specifically, it summarizes that Sunoco operates in five business segments: Refining and Supply, Retail Marketing, Chemicals, Logistics, and Coke. It owns and operates five petroleum refineries in the US and markets fuels through a network of over 4,700 retail outlets.
This document is Sunoco Inc.'s annual report (Form 10-K) filed with the SEC for the fiscal year ending December 31, 2006. It provides information on Sunoco's business operations, which are organized into five segments: Refining and Supply, Retail Marketing, Chemicals, Logistics, and Coke. It summarizes details for each segment such as facilities, capacity, throughput and production for refining, retail sites for retail marketing, and joint venture details for various chemical plants.
This document is an SEC filing (Form 10-K/A) by Walgreen Co. that provides an annual report and financial statements for the fiscal year ending August 31, 2004. It includes an explanatory note stating that financial statements and selected financial data for fiscal years 2004-2002 are being restated. It provides information on Walgreen's business operations, including an increase in new store openings, continued growth in prescription drug sales, expansion of distribution infrastructure, and progress made in digital photo services. Financial and operating data is presented for industry segments, principal products and services, sources of supply, trademarks, seasonality, competition, employees, and foreign/domestic operations. Risk factors and forward-looking statements are also discussed.
This document is Micron Technology's annual report on Form 10-K filed with the SEC summarizing its business operations for the fiscal year ending August 29, 2002. It discusses that Micron is a leading manufacturer of DRAM and other semiconductor memory products. In 2002, DRAM sales represented 95% of its net revenue. It is transitioning its primary product from SDRAM to DDR RAM and expects to begin high volume production of 512Mb DDR RAM in 2003. Micron manufactures its products in facilities globally and also receives supply from its joint venture TECH Semiconductor Singapore, which supplied 20% of Micron's production in 2002.
Crown Holdings reported financial results for the second quarter of 2009. Key highlights include:
- Gross profit improved to 16.2% of net sales compared to 16% in the prior year.
- Segment income (gross profit less selling/admin expenses) rose to 11.8% of net sales.
- Diluted earnings per share increased 6.6% to $0.65 compared to $0.61 in the previous year.
The company was pleased with operating performance and results given the challenging economic environment globally. Beverage can sales volumes were up 2% driven by developing markets.
This document is a Form 10-K annual report filed by The Hershey Company with the United States Securities and Exchange
Commission for the fiscal year ended December 31, 2006. The report provides an overview of The Hershey Company, including that
it is the largest manufacturer of chocolate and confectionery products in North America. It operates as a single reportable segment and
markets over 50 brands. Key products include Hershey's, Reese's, and Kisses brands. It has a global sales and marketing organization
and distribution network. Cocoa is a significant raw material and prices of products are occasionally adjusted.
This document is National Oilwell's Form 10-K annual report filed with the SEC for the year ended December 31, 2000. It provides information on the company's business operations, financial results, risks, properties, legal proceedings, and executives. National Oilwell is a leading manufacturer of oilfield equipment and provider of supply chain integration services. It operates in two business segments: Products and Technology, and Distribution Services.
- Harley-Davidson reported decreased revenue, net income and earnings per share for Q3 2009 compared to Q3 2008, while the decline in retail motorcycle sales moderated from Q2 2009.
- The company unveiled a strategy to focus solely on the Harley-Davidson brand through product focus, experience enhancements, and manufacturing/operational improvements.
- As part of the strategy, Harley-Davidson will discontinue the Buell product line and divest its MV Agusta unit, resulting in restructuring charges of $125 million.
Amarin reported preliminary unaudited financial results for the six and twelve months ended December 31, 2008. For the six month period, Amarin reported a net loss of $13.3 million compared to a $13.4 million net loss for the same period in 2007. For the full year 2008, Amarin reported a net loss of $21.2 million compared to a $37.8 million net loss in 2007. Amarin secured a $2.6 million private placement bridge financing in June 2009 but will need longer term funding to continue operations and plans to initiate a Phase 3 trial in the third quarter of 2009.
This document is Micron Technology's annual report on Form 10-K for the fiscal year ended August 28, 2003 filed with the SEC. It provides an overview of Micron's business including its products, manufacturing processes, suppliers, customers, and marketing. Key points include that Micron manufactures DRAM, Flash memory, CMOS image sensors and other semiconductor components. In 2003, DRAM sales accounted for 96% of its net sales. It has manufacturing facilities globally and relies on TECH Semiconductor Singapore for approximately 30% of its total memory production. Major customers include Dell and HP who each accounted for over 10% of net sales.
This document provides instructions for completing Schedule CR, which is used to claim various Wisconsin tax credits. It explains which lines to use for different nonrefundable and refundable credits. The credits must be applied against tax liability in a specified order. Additional required documentation like certification from administering agencies must be enclosed when claiming applicable credits.
Harley-Davidson reported financial results for the first quarter of 2009, with revenue, net income and earnings per share decreasing from the previous year. Worldwide retail sales of motorcycles declined 12% and US retail sales declined 9.7% from the first quarter of 2008. Net income was $117.3 million, down from $187.6 million in 2008, due to restructuring costs and a one-time tax charge. The company reaffirmed plans to ship between 264,000-273,000 motorcycles globally in 2009.
wal mart store2002Proxy Statemet Ammendmentfinance1
This document is a supplement to Wal-Mart's proxy statement providing notice of its annual shareholder meeting. It corrects an error in the prior proxy statement, which incorrectly labeled the lines showing the performance of the S&P 500 Index and S&P Retailing Index on the stock performance chart. The supplement reprints the stock performance chart section with the correct labels. Shareholders are advised to read the supplement together with the original proxy statement and notice of annual meeting.
This document is Micron Technology's annual report on Form 10-K filed with the SEC for the fiscal year ended September 2, 1999. It provides an overview of Micron's business operations, including that it designs, develops, manufactures and markets semiconductor memory and personal computer systems. It has two primary operating segments - Semiconductor operations and PC operations. The report discusses Micron's key products, manufacturing process, facilities and joint ventures in its Semiconductor operations segment. It also discusses its PC systems and services offered in its PC operations segment.
General Motors filed for Chapter 11 bankruptcy protection, which will have widespread effects on the automotive industry. GM plans to sell its profitable assets to a new company while leaving legacy costs behind. This will allow a restructured GM to emerge backed by government funds. The bankruptcy will also impact suppliers, dealers, and consumers. Other automakers may see opportunities from GM's reduced competition but suppliers face an uncertain future as consolidation is expected. The restructuring will be painful with plant closures and job losses, but many believe it is necessary for the industry to adapt to lower demand.
This document is a proxy statement from United States Cellular Corporation providing information to shareholders regarding the company's upcoming annual meeting. It notifies shareholders that the meeting will be held on September 14, 2006 to vote on electing three Class I directors and ratifying the selection of PricewaterhouseCoopers LLP as the company's independent registered public accountants for 2006. It provides details on shareholder voting power and recommendations that shareholders vote to elect the board's director nominees and ratify the selection of the auditors.
This document is National Oilwell's annual report (Form 10-K) filed with the SEC summarizing its business operations for the year ending December 31, 2001. National Oilwell is a leading provider of equipment and components for oil and gas drilling, as well as supply chain services to the upstream oil and gas industry. It experiences volatility in revenues and earnings depending on oil and gas prices and levels of drilling activity. The business strategy focuses on leveraging its installed base of equipment, expanding downhole products, furthering information technology, and pursuing acquisitions. The report provides details on products and services, operations, marketing, competition, manufacturing, engineering, and risk factors.
This document is National Oilwell's annual report filed with the Securities and Exchange Commission for the year ended December 31, 1999. It provides information on National Oilwell's business operations, strategy, products, competition, manufacturing, marketing, suppliers, engineering, patents, employees, and risk factors. National Oilwell is a leading provider of equipment and components for oil and gas drilling and production, as well as supply chain integration services. It operates in two segments: Products and Technology, which designs and manufactures drilling equipment and downhole tools; and Distribution Services, which provides supply chain integration through a network of distribution centers.
The document is a letter from the CEO of Brunswick Corporation to shareholders summarizing the company's performance in 2007. Key points include:
- 2007 was difficult for the marine industry due to weak markets and declining economic conditions in the US. However, Brunswick achieved earnings of $1.23 per share through cost cutting measures.
- Brunswick undertook initiatives to reduce costs, control inventory levels, and increase international sales to offset challenges in the US market. This included plant closures and headcount reductions.
- The marine market outlook for 2008 remains uncertain due to economic factors. Brunswick is reducing production levels accordingly and continuing restructuring to improve efficiency.
- Other business segments such as fitness and bowling posted
This document is SUPERVALU INC.'s annual report on Form 10-K filed with the SEC. It provides an overview of SUPERVALU's business operations including its retail store formats, supply chain services, growth strategies, and proposed acquisition of Albertson's Inc. which would make SUPERVALU one of the largest grocery retailers in the US with over 2,500 stores and $44 billion in revenue following the closing of the transaction.
- The document is a Form 10-K annual report filed by Unisys Corporation with the US Securities and Exchange Commission for the fiscal year ending December 31, 2006.
- Unisys operates two business segments - Services and Technology. The Services segment provides consulting, outsourcing, and other services, while the Technology segment develops servers and related products.
- As of December 31, 2006 Unisys had approximately 31,500 employees and major facilities around the world, including 21 in the US and 23 outside the US. No single customer accounted for over 10% of revenue.
dominion resources Management's Discussion and Analysis of Financial Conditio...finance17
This document provides an overview and discussion of Dominion Energy's Management Discussion and Analysis (MD&A). The MD&A discusses Dominion's operations, financial condition, results of operations, accounting matters, segments, energy trading activities, liquidity, future issues, market risks, and risk factors. It owns a large portfolio of energy generation, transmission, distribution, storage and exploration assets and operates primarily in the eastern US. The discussion cautions that forward-looking statements are based on beliefs and assumptions which may differ from actual results due to various risk factors.
This document is Sunoco Inc.'s annual report (Form 10-K) filed with the SEC for the fiscal year ending December 31, 2006. It provides information on Sunoco's business operations, which are organized into five segments: Refining and Supply, Retail Marketing, Chemicals, Logistics, and Coke. It summarizes details for each segment such as facilities, capacity, throughput and production for refining, retail sites for retail marketing, and joint venture details for various chemical plants.
This document is an SEC filing (Form 10-K/A) by Walgreen Co. that provides an annual report and financial statements for the fiscal year ending August 31, 2004. It includes an explanatory note stating that financial statements and selected financial data for fiscal years 2004-2002 are being restated. It provides information on Walgreen's business operations, including an increase in new store openings, continued growth in prescription drug sales, expansion of distribution infrastructure, and progress made in digital photo services. Financial and operating data is presented for industry segments, principal products and services, sources of supply, trademarks, seasonality, competition, employees, and foreign/domestic operations. Risk factors and forward-looking statements are also discussed.
This document is Micron Technology's annual report on Form 10-K filed with the SEC summarizing its business operations for the fiscal year ending August 29, 2002. It discusses that Micron is a leading manufacturer of DRAM and other semiconductor memory products. In 2002, DRAM sales represented 95% of its net revenue. It is transitioning its primary product from SDRAM to DDR RAM and expects to begin high volume production of 512Mb DDR RAM in 2003. Micron manufactures its products in facilities globally and also receives supply from its joint venture TECH Semiconductor Singapore, which supplied 20% of Micron's production in 2002.
Crown Holdings reported financial results for the second quarter of 2009. Key highlights include:
- Gross profit improved to 16.2% of net sales compared to 16% in the prior year.
- Segment income (gross profit less selling/admin expenses) rose to 11.8% of net sales.
- Diluted earnings per share increased 6.6% to $0.65 compared to $0.61 in the previous year.
The company was pleased with operating performance and results given the challenging economic environment globally. Beverage can sales volumes were up 2% driven by developing markets.
This document is a Form 10-K annual report filed by The Hershey Company with the United States Securities and Exchange
Commission for the fiscal year ended December 31, 2006. The report provides an overview of The Hershey Company, including that
it is the largest manufacturer of chocolate and confectionery products in North America. It operates as a single reportable segment and
markets over 50 brands. Key products include Hershey's, Reese's, and Kisses brands. It has a global sales and marketing organization
and distribution network. Cocoa is a significant raw material and prices of products are occasionally adjusted.
This document is National Oilwell's Form 10-K annual report filed with the SEC for the year ended December 31, 2000. It provides information on the company's business operations, financial results, risks, properties, legal proceedings, and executives. National Oilwell is a leading manufacturer of oilfield equipment and provider of supply chain integration services. It operates in two business segments: Products and Technology, and Distribution Services.
- Harley-Davidson reported decreased revenue, net income and earnings per share for Q3 2009 compared to Q3 2008, while the decline in retail motorcycle sales moderated from Q2 2009.
- The company unveiled a strategy to focus solely on the Harley-Davidson brand through product focus, experience enhancements, and manufacturing/operational improvements.
- As part of the strategy, Harley-Davidson will discontinue the Buell product line and divest its MV Agusta unit, resulting in restructuring charges of $125 million.
Amarin reported preliminary unaudited financial results for the six and twelve months ended December 31, 2008. For the six month period, Amarin reported a net loss of $13.3 million compared to a $13.4 million net loss for the same period in 2007. For the full year 2008, Amarin reported a net loss of $21.2 million compared to a $37.8 million net loss in 2007. Amarin secured a $2.6 million private placement bridge financing in June 2009 but will need longer term funding to continue operations and plans to initiate a Phase 3 trial in the third quarter of 2009.
This document is Micron Technology's annual report on Form 10-K for the fiscal year ended August 28, 2003 filed with the SEC. It provides an overview of Micron's business including its products, manufacturing processes, suppliers, customers, and marketing. Key points include that Micron manufactures DRAM, Flash memory, CMOS image sensors and other semiconductor components. In 2003, DRAM sales accounted for 96% of its net sales. It has manufacturing facilities globally and relies on TECH Semiconductor Singapore for approximately 30% of its total memory production. Major customers include Dell and HP who each accounted for over 10% of net sales.
This document provides instructions for completing Schedule CR, which is used to claim various Wisconsin tax credits. It explains which lines to use for different nonrefundable and refundable credits. The credits must be applied against tax liability in a specified order. Additional required documentation like certification from administering agencies must be enclosed when claiming applicable credits.
Harley-Davidson reported financial results for the first quarter of 2009, with revenue, net income and earnings per share decreasing from the previous year. Worldwide retail sales of motorcycles declined 12% and US retail sales declined 9.7% from the first quarter of 2008. Net income was $117.3 million, down from $187.6 million in 2008, due to restructuring costs and a one-time tax charge. The company reaffirmed plans to ship between 264,000-273,000 motorcycles globally in 2009.
wal mart store2002Proxy Statemet Ammendmentfinance1
This document is a supplement to Wal-Mart's proxy statement providing notice of its annual shareholder meeting. It corrects an error in the prior proxy statement, which incorrectly labeled the lines showing the performance of the S&P 500 Index and S&P Retailing Index on the stock performance chart. The supplement reprints the stock performance chart section with the correct labels. Shareholders are advised to read the supplement together with the original proxy statement and notice of annual meeting.
This document is Micron Technology's annual report on Form 10-K filed with the SEC for the fiscal year ended September 2, 1999. It provides an overview of Micron's business operations, including that it designs, develops, manufactures and markets semiconductor memory and personal computer systems. It has two primary operating segments - Semiconductor operations and PC operations. The report discusses Micron's key products, manufacturing process, facilities and joint ventures in its Semiconductor operations segment. It also discusses its PC systems and services offered in its PC operations segment.
General Motors filed for Chapter 11 bankruptcy protection, which will have widespread effects on the automotive industry. GM plans to sell its profitable assets to a new company while leaving legacy costs behind. This will allow a restructured GM to emerge backed by government funds. The bankruptcy will also impact suppliers, dealers, and consumers. Other automakers may see opportunities from GM's reduced competition but suppliers face an uncertain future as consolidation is expected. The restructuring will be painful with plant closures and job losses, but many believe it is necessary for the industry to adapt to lower demand.
This document is a proxy statement from United States Cellular Corporation providing information to shareholders regarding the company's upcoming annual meeting. It notifies shareholders that the meeting will be held on September 14, 2006 to vote on electing three Class I directors and ratifying the selection of PricewaterhouseCoopers LLP as the company's independent registered public accountants for 2006. It provides details on shareholder voting power and recommendations that shareholders vote to elect the board's director nominees and ratify the selection of the auditors.
This document is National Oilwell's annual report (Form 10-K) filed with the SEC summarizing its business operations for the year ending December 31, 2001. National Oilwell is a leading provider of equipment and components for oil and gas drilling, as well as supply chain services to the upstream oil and gas industry. It experiences volatility in revenues and earnings depending on oil and gas prices and levels of drilling activity. The business strategy focuses on leveraging its installed base of equipment, expanding downhole products, furthering information technology, and pursuing acquisitions. The report provides details on products and services, operations, marketing, competition, manufacturing, engineering, and risk factors.
This document is National Oilwell's annual report filed with the Securities and Exchange Commission for the year ended December 31, 1999. It provides information on National Oilwell's business operations, strategy, products, competition, manufacturing, marketing, suppliers, engineering, patents, employees, and risk factors. National Oilwell is a leading provider of equipment and components for oil and gas drilling and production, as well as supply chain integration services. It operates in two segments: Products and Technology, which designs and manufactures drilling equipment and downhole tools; and Distribution Services, which provides supply chain integration through a network of distribution centers.
The document is a letter from the CEO of Brunswick Corporation to shareholders summarizing the company's performance in 2007. Key points include:
- 2007 was difficult for the marine industry due to weak markets and declining economic conditions in the US. However, Brunswick achieved earnings of $1.23 per share through cost cutting measures.
- Brunswick undertook initiatives to reduce costs, control inventory levels, and increase international sales to offset challenges in the US market. This included plant closures and headcount reductions.
- The marine market outlook for 2008 remains uncertain due to economic factors. Brunswick is reducing production levels accordingly and continuing restructuring to improve efficiency.
- Other business segments such as fitness and bowling posted
This document is SUPERVALU INC.'s annual report on Form 10-K filed with the SEC. It provides an overview of SUPERVALU's business operations including its retail store formats, supply chain services, growth strategies, and proposed acquisition of Albertson's Inc. which would make SUPERVALU one of the largest grocery retailers in the US with over 2,500 stores and $44 billion in revenue following the closing of the transaction.
- The document is a Form 10-K annual report filed by Unisys Corporation with the US Securities and Exchange Commission for the fiscal year ending December 31, 2006.
- Unisys operates two business segments - Services and Technology. The Services segment provides consulting, outsourcing, and other services, while the Technology segment develops servers and related products.
- As of December 31, 2006 Unisys had approximately 31,500 employees and major facilities around the world, including 21 in the US and 23 outside the US. No single customer accounted for over 10% of revenue.
dominion resources Management's Discussion and Analysis of Financial Conditio...finance17
This document provides an overview and discussion of Dominion Energy's Management Discussion and Analysis (MD&A). The MD&A discusses Dominion's operations, financial condition, results of operations, accounting matters, segments, energy trading activities, liquidity, future issues, market risks, and risk factors. It owns a large portfolio of energy generation, transmission, distribution, storage and exploration assets and operates primarily in the eastern US. The discussion cautions that forward-looking statements are based on beliefs and assumptions which may differ from actual results due to various risk factors.
The document is a notice and proxy statement for the 2005 Annual Meeting of Stockholders of Southern Company. It provides information on the time, date, location and items of business for the meeting, including electing directors and ratifying auditors. It also provides instructions on how stockholders can vote and asks them to vote by internet, phone or mail prior to the meeting. The proxy statement answers common questions about voting, including how to access electronic versions of documents and how the company handles householding of stockholder materials.
This document provides an investor highlights report for Computer Sciences Corporation (CSC) for the first quarter of fiscal year 1997. It summarizes that CSC reported a 20% increase in net income and 20.5% increase in revenue compared to the same quarter the previous year. It also announces three acquisitions that further expanded CSC's industry-specific consulting services. CSC operates in strong markets for information technology services and sees continued growth opportunities.
This document is PACCAR Inc's quarterly report filed with the SEC for the quarter ended September 30, 2005. It includes PACCAR's consolidated financial statements and notes. The financial statements show that for the quarter, PACCAR's net sales increased 20% to $3.35 billion, net income increased 23% to $304.8 million, and earnings per share increased 26% to $1.79. For the nine months, net sales increased 27% to $9.87 billion, net income increased 23% to $820.3 million, and earnings per share increased 25% to $4.76. The balance sheet shows total assets of $13.04 billion, with $5.13
This document is PACCAR Inc's quarterly report filed with the SEC for the quarter ended September 30, 2006. It includes condensed financial statements and notes. The financial statements show that for the quarter, net sales increased 18% to $3.96 billion, net income increased 32% to $404 million, and earnings per share increased 36% to $1.62. For the first nine months of the year, net sales increased 17% to $11.53 billion, net income increased 36% to $1.12 billion, and earnings per share increased 40% to $4.45. The balance sheet shows total assets of $15.46 billion at quarter-end, with $6.18 billion in
PACCAR is a diversified, multinational company that manufactures heavy-duty trucks under brands like Kenworth, Peterbilt, DAF, and Foden. It competes in both the North American and European truck markets, and also provides financing and parts. In 2003, PACCAR achieved record profits and revenues due to strong product quality, geographic diversity, and innovative use of technology. It continues investing in new products, manufacturing improvements, and information systems to support its business and customers.
The document is a proxy statement from Halliburton Company informing stockholders of the upcoming annual meeting. It invites stockholders to attend the meeting on May 16, 2007 to vote on electing directors, ratifying an auditor, and considering three stockholder proposals. It provides details on these voting items and includes information on Halliburton's corporate governance policies and executive compensation.
This document outlines the Code of Ethics and Standards of Conduct for Computer Sciences Corporation (CSC). It discusses CSC's commitment to ethics, integrity and social responsibility. It also summarizes the principles of avoiding conflicts of interest, protecting company and customer property, providing accurate records and reports, maintaining a professional work environment, and procedures for reporting violations. Adherence to the Code is required by all CSC directors, employees and representatives.
The Computer Sciences Corporation 1999 Annual Report provides an overview of the company's performance in fiscal year 1999. Some key points:
- Revenues totaled $7.7 billion, a 16% increase over 1998, driven by strong demand for consulting and systems integration services.
- Net income increased 31% to $341 million.
- Over $5 billion in new contracts were announced, including a potential $8 billion contract with the IRS.
- The company had over 50,000 employees serving customers in industry and government around the world.
Computer Sciences Corporation (CSC) reported a 21.6% increase in earnings per share for the second quarter of fiscal year 1999 compared to the previous year. Revenue increased 17% to $1.85 billion driven by strong growth in Europe and the federal sector. For the first half of the fiscal year, net income rose 23.6% and revenues increased 17.4% over the previous year. CSC also acquired a majority stake in a French consulting firm, increasing its presence in that country.
This document summarizes a presentation given by Paul Cutler, Treasurer of FPL Group, Inc. and Mike O'Sullivan, Senior Vice President of NextEra Energy Resources at the 2009 Credit Suisse Energy Summit on February 3, 2009. The presentation discusses FPL Group's position as a leading U.S. power company with a focus on clean energy. It highlights the company's strong financial position and credit ratings. It also discusses opportunities for growth in the U.S. wind and solar markets and how FPL Group is well positioned to benefit from policy shifts supporting low-carbon energy development.
The document is a quarterly report from Computer Sciences Corporation (CSC) providing key financial information and highlights for investors. It summarizes that CSC's revenue increased 17.1% in the third quarter of fiscal year 1998 compared to the previous year. Net income also rose 20.5% over the same period. The report further outlines CSC's business segments and global operations, as well as new contracts and growth in key market sectors during the quarter.
The document is the 1998 annual report of Computer Sciences Corporation (CSC). It provides an overview of CSC's business operations including management and information technology consulting, systems integration, and outsourcing services provided to governments and industries worldwide. It summarizes CSC's financial performance for fiscal year 1998 including revenue of $6.6 billion and discusses major contracts and market opportunities. The report was addressed to shareholders and discussed CSC's strong positioning for future growth.
Computer Sciences Corporation reported a 22.7% increase in earnings per share for the third quarter of fiscal year 1999 compared to the previous year. Net income increased 25.9% while revenues rose 15.9%. Growth was driven by strong performance in European operations, consulting, financial services, and lower interest costs. For the first nine months of the fiscal year, net income increased 24.5% while revenues were up 16.9% year-over-year.
The document outlines the bylaws of Computer Sciences Corporation. It details the principal office location, procedures for annual and special stockholder meetings, requirements for submitting items and nominations for consideration at meetings, and election of directors. Key details include timelines for submitting proposals/nominations, information required to be provided, and requirements for stockholders to present submitted items at meetings.
This document is Micron Technology's annual report (Form 10-K) filed with the SEC for the fiscal year ended September 1, 2005. It provides an overview of Micron, including that it is a global manufacturer of DRAM and NAND memory as well as CMOS image sensors. In 2005, 87% of Micron's net sales came from DRAM products like DDR, DDR2, and SDRAM. Sales of NAND flash and CMOS image sensors grew significantly in 2005 and were expected to continue growing. The report discusses Micron's key products and manufacturing process.
This document is Micron Technology's annual report (Form 10-K) filed with the SEC for the fiscal year ending September 2, 2004. It provides an overview of Micron's business including its primary products (DRAM, Flash memory, CMOS image sensors), manufacturing processes, transition to smaller line widths, and financial results. It also discusses trends, risks, and uncertainties facing the company.
This document is Dover Corporation's annual report (Form 10-K) filed with the United States Securities and Exchange Commission for the fiscal year ending December 31, 2004. It provides an overview of Dover's business operations, including its strategy of acquiring niche manufacturing companies and providing them with autonomy. It describes Dover's four business segments at the time, and notes that effective January 1, 2005 it reorganized into six new segments comprising 13 groups. The report also discusses Dover's acquisition and divestiture activities, management philosophy, and business strategies around growth and capital allocation.
This document is the Unisys Corporation's annual report (Form 10-K) filed with the Securities and Exchange Commission for the fiscal year ending December 31, 2002. It provides information on Unisys' business segments of Services and Technology, its principal products and services, markets, materials, intellectual property, seasonality, customers, backlog, and competition. Unisys is a global information technology company offering systems integration, outsourcing, infrastructure services, server technology, and consulting. Its major customers include governments and companies in financial services, communications and other industries.
10-K 1 f12312012-10k.htm 10-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 10-K
(Mark One)
R Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
For the fiscal year ended December 31, 2012
or
o Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
For the transition period from __________ to __________
Commission file number 1-3950
Ford Motor Company
(Exact name of Registrant as specified in its charter)
Delaware 38-0549190
(State of incorporation) (I.R.S. Employer Identification No.)
One American Road, Dearborn, Michigan 48126
(Address of principal executive offices) (Zip Code)
313-322-3000
(Registrant’s telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Name of each exchange on which registered*
Common Stock, par value $.01 per share New York Stock Exchange
__________
* In addition, shares of Common Stock of Ford are listed on certain stock exchanges in Europe.
Securities registered pursuant to Section 12(g) of the Act: None.
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
Yes R No o
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.
Yes o No R
2/14/20, 1:37 PM
Page 1 of 287
Indicate by check mark if the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such
reports), and (2) has been subject to such filing requirements for the past 90 days. Yes R No o
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any,
every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this
chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such
files). Yes R No o
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is
not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. R
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a
smaller reporting company. See definitions of "large accelerated filer," "accelerated filer," and "smaller reporting company" in
Rule 12b-2 of the Exchange Act. Large accelerated filer R Accelerated filer o Non-accelerated filer o Sm.
- DISH Network celebrated its 10th anniversary in 2005 and reported over $8.4 billion in revenue for the year, serving over 12 million customers.
- The company increased its net subscriber base by over 1.1 million customers in 2005 and remains the clear leader in international programming.
- Looking forward, the company plans to leverage its position as an HD leader by offering local HD channels in up to 30 markets by the end of the year using its new EchoStar X satellite.
This document is Micron Technology's annual report on Form 10-K filed with the SEC for the fiscal year ending August 30, 2001. It provides an overview of Micron's business operations, including that it designs, develops and manufactures dynamic random access memory (DRAM) and static random access memory (SRAM) semiconductor products. DRAM sales represented approximately 87% of Micron's net sales in 2001. It also discusses recent acquisitions and divestitures, including the sale of its PC operations in May 2001 and acquisition of KMT Semiconductor in April 2001.
10‐K 1 xom10k2013.htm FORM 10‐K 2013 UNITE.docxpaynetawnya
10‐K 1 xom10k2013.htm FORM 10‐K
2013
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K
x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2013
or
¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from to
Commission File Number 1-2256
(Exact name of registrant as specified in its charter)
NEW JERSEY 13-5409005
(State or other jurisdiction of
incorporation or organization)
(I.R.S. Employer
Identification Number)
5959 LAS COLINAS BOULEVARD, IRVING, TEXAS 75039-2298
(Address of principal executive offices) (Zip Code)
(972) 444-1000
(Registrant’s telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class
Name of Each Exchange
on Which Registered
Common Stock, without par value (4,321,238,544 shares outstanding at January 31, 2014) New York Stock Exchange
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes x No ¨
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ¨ No x
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 dur
preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the p
days. Yes x No ¨
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be sub
and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and po
files). Yes x No ¨
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the b
registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. ¨
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definit
“large accelerated filer,” “accelerated filer,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.
Large accelerated filer x Accelerated filer ¨
Non-accelerated filer ¨ Smaller reporting company ¨
Indicate by check mark whether the registrant is a shell company (as defined by Rule 12b-2 of the Act). Yes ¨ No x
The aggregate ma ...
This document is The Black & Decker Corporation's annual report (Form 10-K) filed with the SEC for the fiscal year ending December 31, 2006. It provides information on Black & Decker's business operations, segments, products, geographic presence, and financial performance. The report discusses Black & Decker's position as a leading global manufacturer of power tools, hardware and home improvement products. It describes the company's three business segments: Power Tools and Accessories, Hardware and Home Improvement, and Fastening and Assembly Systems.
This document is The Black & Decker Corporation's annual report (Form 10-K) filed with the SEC for the fiscal year ending December 31, 2006. It provides information on Black & Decker's business operations, segments, products, geographic presence, and financial performance. The report discusses Black & Decker's position as a leading global manufacturer of power tools, hardware and home improvement products. It describes the company's three business segments: Power Tools and Accessories, Hardware and Home Improvement, and Fastening and Assembly Systems.
This document is Micron Technology's annual report on Form 10-K filed with the SEC for the fiscal year ended August 31, 2000. It provides an overview of Micron's business operations, including that it designs, develops, manufactures and markets semiconductor memory products and personal computer systems through two primary operating segments. It discusses Micron's key products like DRAM, SRAM and Flash memory. It also describes Micron's global manufacturing facilities and processes, research and development efforts, customers, competition and risk factors.
This document is Visteon Corporation's annual report (Form 10-K) filed with the SEC for the fiscal year ending December 31, 2004. It provides an overview of Visteon, which is a leading global supplier of automotive systems, modules and components. It operates in two business segments: Automotive Operations and Glass Operations. Financial information about the segments can be found in the notes to the consolidated financial statements. The report also discusses trends in the automotive parts industry, such as ongoing consolidation, increasing competitive pressures on vehicle manufacturers, the globalization of suppliers, and increasing demand for safety and environmentally-friendly products.
10-K
1
f12312012-10k.htm
10-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 10-K
(Mark One)
R
Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
For the fiscal year ended December 31, 2012
or
o
Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
For the transition period from __________ to __________
Commission file number 1-3950
Ford Motor Company
(Exact name of Registrant as specified in its charter)
Delaware
38-0549190
(State of incorporation)
(I.R.S. Employer Identification No.)
One American Road, Dearborn, Michigan
48126
(Address of principal executive offices)
(Zip Code)
313-322-3000
(Registrant’s telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Name of each exchange on which registered*
Common Stock, par value $.01 per share
New York Stock Exchange
__________
* In addition, shares of Common Stock of Ford are listed on certain stock exchanges in Europe.
Securities registered pursuant to Section 12(g) of the Act: None.
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes R No o
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes o No R
Indicate by check mark if the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes R No o
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes R No o
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. R
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of "large accelerated filer," "accelerated filer," and "smaller reporting company" in Rule 12b-2 of the Exchange Act. Large accelerated filer R Accelerated filer o Non-accelerated filer o Smaller reporting company o
Indicate by check mark whether the registra.
This document is Micron Technology's annual report (Form 10-K) filed with the SEC for the fiscal year ended August 31, 2006. It provides an overview of Micron, which manufactures DRAM and NAND memory chips as well as CMOS image sensors. In 2006, Micron increased its focus on the growing NAND flash market through a joint venture and acquisition. It also introduced new CMOS image sensor products and saw significant growth in that business. The report discusses Micron's key products, manufacturing process, and business segments of Memory and Imaging.
This document is National Oilwell's annual report (Form 10-K) filed with the SEC for the year ended December 31, 2002. National Oilwell is a leading provider of equipment and components for oil and gas drilling, exploration and production. The report discusses National Oilwell's business strategies, operations, products, customers, suppliers, manufacturing, engineering, intellectual property, employees and risk factors. National Oilwell operates in two business segments: Products and Technology, which designs and manufactures drilling equipment and systems, and Distribution Services, which provides maintenance, repair and operating supplies to oilfield locations.
- DISH Network added 1.48 million subscribers in 2004, surpassing 10 million subscribers in June 2004 and finishing the year with 10.9 million subscribers.
- DISH Network generated $7.15 billion in revenue in 2004, with earnings of $215 million and $21 million in free cash flow.
- DISH Network continues to focus on growing its subscriber base and developing additional services, and expects to launch its 10th satellite in early 2006 to increase channel offerings and capacity.
This document is the annual report (Form 10-K) filed by The Black & Decker Corporation with the United States Securities and Exchange Commission for the fiscal year ended December 31, 2008. It provides an overview of Black & Decker's business operations, including that it operates in three business segments: Power Tools and Accessories, Hardware and Home Improvement, and Fastening and Assembly Systems. Within the Power Tools and Accessories segment, Black & Decker is a leading global manufacturer and marketer of power tools, lawn and garden products, home products, and accessories. It owns various brands including BLACK & DECKER, DEWALT, PORTER-CABLE, and DELTA.
This document is the annual report (Form 10-K) filed by The Black & Decker Corporation with the United States Securities and Exchange Commission for the fiscal year ended December 31, 2008. It provides an overview of Black & Decker's business operations, including that it operates in three segments: Power Tools and Accessories, Hardware and Home Improvement, and Fastening and Assembly Systems. Within the Power Tools and Accessories segment, Black & Decker is a leading global manufacturer and marketer of power tools, lawn and garden products, home products and accessories. It owns various brands including BLACK & DECKER, DEWALT, PORTER-CABLE and DELTA.
The document is Micron Technology's annual report (Form 10-K) filed with the SEC for the fiscal year ended August 30, 2007. It provides an overview of Micron, which manufactures DRAM and NAND memory as well as CMOS image sensors. In recent years, Micron has increased its focus on the growing NAND market through joint ventures and acquisitions. The report discusses Micron's key products, manufacturing facilities, and business segments. It aims to inform investors about Micron's business operations and financial performance.
This document is Micron Technology's annual report on Form 10-K for the fiscal year ended August 28, 2008. It provides an overview of Micron's business operations, products, manufacturing facilities, and financial performance. Specifically, it summarizes that Micron is a global manufacturer of DRAM and NAND memory chips as well as image sensors. It faced significant challenges in 2008 from falling memory prices. In response, Micron announced a restructuring plan to cut costs and reduce its workforce. The report provides details on Micron's memory and image sensor products, manufacturing facilities, joint ventures with other companies, and financial results for fiscal year 2008.
This document outlines Computer Sciences Corporation's equity grant policy, including the types of equity grants awarded, grant dates, approval process, and reporting requirements. It states that CSC issues equity grants to directors and employees to attract, retain, and motivate them. Equity grants include stock options, restricted stock, and restricted stock units. Grant dates depend on whether the recipient is a director, new hire, promotion, or current employee. Senior executive grants require higher levels of approval than non-senior grants. The company must stay within an approved annual equity grant budget.
This document restates the articles of incorporation of Computer Sciences Corporation. It outlines the corporation's name, principal office location, nature of business, capital stock structure including 750 million shares of common stock and 1 million shares of preferred stock. It provides the board of directors authority to establish terms for preferred stock series and outlines shareholder rights and restrictions.
This document outlines a supplemental code of ethics specifically for a company's Chairman and Chief Executive Officer, Vice President and Chief Financial Officer, and Vice President and Chief Accounting Officer. The code builds upon the company's existing code of ethics and standards of conduct applicable to all directors, officers, and employees. It requires these executives to act with honesty and integrity, avoid conflicts of interest, ensure full financial disclosure, comply with all applicable laws and regulations, and promptly report any unethical or illegal conduct. Violations will be reported to the board of directors who will determine appropriate accountability actions.
This document outlines the corporate governance guidelines for Computer Sciences Corporation. It addresses the role of the board of directors in overseeing management and acting in good faith. It also covers the composition of the board, including the size, selection process, and independence of directors. The document provides qualifications for directors, including limits on other board service and procedures for changes in job responsibilities. It describes board committees, conduct of meetings, access to management and advisors, performance evaluations, director compensation, orientation, education, and succession planning.
CSC reported $1.36 billion in revenue for the second quarter of FY1997, a 20.1% increase over the previous year. CSC earned $49.3 million excluding a one-time $48.9 million charge related to an acquisition. For the first six months of FY1997, CSC reported $2.66 billion in revenue and $94.6 million in net income excluding the charge. CSC operates in commercial and government IT markets, with growing demand for outsourcing and consulting services.
Computer Sciences Corporation reported a 15.5% increase in earnings per share for the first quarter of fiscal year 1998. Revenue rose 14.2% to $1.488 billion, with growth in commercial, European, and other international sectors. While US federal revenue declined slightly due to contract completions, the company expects this sector to improve over the fiscal year as new contracts are implemented. Overall, CSC's business continues to demonstrate strong growth trends across its consulting, systems integration, and outsourcing services.
Computer Sciences Corporation reported financial results for the second quarter of fiscal year 1998, ended September 26, 1997. Revenue increased 16.5% to $1.58 billion compared to the previous year. Net income grew 18.8% to $58.6 million. The company provides management consulting, systems integration, and outsourcing services worldwide to industry and government clients. New contracts were announced during the quarter, and the company expects continued revenue growth for the remainder of the fiscal year.
Computer Sciences Corporation (CSC) reported higher revenue and earnings for the first quarter of fiscal year 1999 compared to the same period the previous year. Revenue increased 17.8% to $1.75 billion while net income rose 22.2% to $64.3 million. The company also announced $2.8 billion in new contract awards during the quarter and saw growth across all of its major service categories. CSC's chairman attributed the strong results to continued expansion in key markets like financial services and healthcare as well as new strategic partnerships.
Computer Sciences Corporation (CSC) reported a 20% increase in earnings per share and a 21.7% increase in net income for the first quarter of fiscal year 2000 compared to the same quarter the previous year. Revenue increased 17.6% to $2.06 billion driven by increased demand for outsourcing, enterprise solutions, e-business, and systems integration. CSC also announced over $4.7 billion in new business awards during the quarter and expects e-business revenue to triple to nearly $600 million for the full fiscal year.
Computer Sciences Corporation (CSC) reported higher earnings and revenue for the second quarter of fiscal year 2000 compared to the same period last year. Earnings per share rose 22.2% and net income increased 22.7% due to strong global commercial growth and improved operating performance. CSC continues to see significant demand for outsourcing and other services and rapid growth in requests for e-business solutions.
Computer Sciences Corporation (CSC) reported financial results for the third quarter of fiscal year 2000, ending December 31, 1999. Revenue was up 14.9% to $2.4 billion compared to the previous year. Earnings per share, excluding special items, were 66 cents, a 20% increase over the previous year. CSC received $3.5 billion in new business awards during the quarter and $9.6 billion year-to-date. Research analysts from various firms cover CSC stock, which trades on the New York Stock Exchange.
Computer Sciences Corporation (CSC) reported financial results for the first quarter of fiscal year 2001, ended June 30, 2000. Revenues increased 11.8% to $2.46 billion due to strong growth in the U.S. federal government, Asia-Pacific, and commercial outsourcing sectors. Net income grew 13.5% to $96 million and earnings per share increased to 56 cents. CSC also secured $3.3 billion in new business awards during the quarter and remains on track to achieve its target of $1 billion in e-business revenue for the fiscal year.
Computer Sciences Corporation (CSC) reported strong financial results for the second quarter of fiscal year 2001, with revenues increasing 12% to $2.5 billion and net income growing 17.1% to $109 million. For the first six months of the fiscal year, revenues were up 11.9% to $5 billion and net income increased 15.4% to $205 million. The company secured $7.7 billion in new contracts for the first half, fueling anticipated growth in the second half of the year.
Computer Sciences Corporation (CSC) reported financial results for the third quarter of fiscal year 2001, ended December 29, 2000. Revenues increased 12.9% to $2.7 billion due to growth in the federal government vertical market and commercial outsourcing. Earnings before special items increased 9.6% to $122.9 million. Major new business awards totaled $1.8 billion for the quarter. For the nine-month period, revenues increased 12.2% to $7.6 billion and earnings before special items increased 13.1% to $327.9 million, though results were impacted by currency effects and restructuring costs. CSC also discussed several new contracts and engagements.
Computer Sciences Corporation (CSC) reported financial results for the first quarter of fiscal year 2002, ended June 29, 2001. Revenue grew 10.2% to $2.7 billion due to strong growth in global outsourcing. Net income was $47.7 million. Commercial revenue grew 17% internationally due to outsourcing contracts in the UK and Scandinavia. Federal government revenue rose 3.9% despite some contract completions, with growth in civil agencies and GSA work. CSC will focus on larger outsourcing engagements and adjusting to reduced consulting demand, while progressing on improving recent outsourcing contracts.
Computer Sciences Corporation (CSC) reported financial results for the third quarter of fiscal year 2002, ended December 28, 2001. Revenues increased 8.9% year-over-year to $2.9 billion. Net income was $87.1 million and earnings per share were $0.51. Revenue growth was driven by strong performance in global commercial outsourcing, U.S. federal government contracts, and new opportunities in financial services. CSC also announced $3.2 billion in new business awards for the quarter.
Computer Sciences Corporation (CSC) reported financial results for the second quarter of fiscal year 2002. Revenues increased 10.7% to $2.8 billion due to growth in global commercial outsourcing and U.S. federal government activities. Net income was $68.2 million. CSC also secured $5.3 billion in new business awards during the quarter. The company is well positioned in the robust U.S. federal market with $23 billion in opportunities over the next 29 months. CSC provides information technology services to commercial and government clients worldwide.
Computer Sciences Corporation (CSC) reported financial results for the first quarter of fiscal year 2003, ended June 28, 2002. Revenues increased 2% to $2.76 billion compared to the same period last year. Net income was $79.0 million and earnings per share were $0.46. Both CSC's global commercial outsourcing and U.S. federal opportunity pipelines remain healthy. U.S. federal government revenues grew 17.6% to $791.7 million, comprising 29% of total revenue. Global commercial revenues declined 3.3% to $1.97 billion, reflecting a slowdown in consulting demand partially offset by outsourcing growth. CSC will continue efforts to control costs
Computer Sciences Corporation (CSC) reported revenue of $2.7 billion for the second quarter of fiscal year 2003, a 1.2% decrease from the previous year. Net income increased to $92.9 million, up 35% over the previous year, driven by improved profitability in government and consulting services. While demand remained weak for commercial consulting projects, CSC's government business grew strongly, with U.S. federal revenue increasing 16.9%. CSC continued tight expense controls to improve operating efficiency in the challenging market environment.
Computer Sciences Corporation (CSC) reported financial results for the third quarter of fiscal year 2003. [1] Revenues were $2.8 billion, down 3.5% from the prior year's third quarter. [2] Net income was $105.7 million, up 19.6% over the previous year. [3] CSC's federal government business saw revenue growth which offset declines in commercial sectors such as financial services.
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the what'sapp contact of my personal pi merchant to trade with
+12349014282
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the what'sapp contact of my personal vendor.
+12349014282
#pi network #pi coins #legit #passive income
#US
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Duba...mayaclinic18
Whatsapp (+971581248768) Buy Abortion Pills In Dubai/ Qatar/Kuwait/Doha/Abu Dhabi/Alain/RAK City/Satwa/Al Ain/Abortion Pills For Sale In Qatar, Doha. Abu az Zuluf. Abu Thaylah. Ad Dawhah al Jadidah. Al Arish, Al Bida ash Sharqiyah, Al Ghanim, Al Ghuwariyah, Qatari, Abu Dhabi, Dubai.. WHATSAPP +971)581248768 Abortion Pills / Cytotec Tablets Available in Dubai, Sharjah, Abudhabi, Ajman, Alain, Fujeira, Ras Al Khaima, Umm Al Quwain., UAE, buy cytotec in Dubai– Where I can buy abortion pills in Dubai,+971582071918where I can buy abortion pills in Abudhabi +971)581248768 , where I can buy abortion pills in Sharjah,+97158207191 8where I can buy abortion pills in Ajman, +971)581248768 where I can buy abortion pills in Umm al Quwain +971)581248768 , where I can buy abortion pills in Fujairah +971)581248768 , where I can buy abortion pills in Ras al Khaimah +971)581248768 , where I can buy abortion pills in Alain+971)581248768 , where I can buy abortion pills in UAE +971)581248768 we are providing cytotec 200mg abortion pill in dubai, uae.Medication abortion offers an alternative to Surgical Abortion for women in the early weeks of pregnancy. Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
1. FORM 10-K
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
[X] Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
[No Fee Required]
For the fiscal year ended December 31, 2002
Commission File No. 001-14817
I
PACR
(Exact name of Registrant as specified in its charter)
Delaware 91-0351110
(State of incorporation) (I.R.S. Employer Identification No.)
777 - 106th Ave. N.E., Bellevue, WA 98004
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (425) 468-7400
Securities registered pursuant to Section 12(g) of the Act:
Common Stock, $1 par value
Preferred Stock Purchase Rights
(Title of Class)
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section
13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such
shorter periods that the registrant was required to file such reports), and (2) has been subject to
such filing requirements for at least the past 90 days. Yes X No
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is
not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive
proxy or information statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K. [x]
Indicate by check mark whether the registrant is an accelerated filer (as defined in Rule 12b-2 of
the Act). Yes X No
The aggregate market value of the voting stock held by non-affiliates of the registrant as of June 28,
2002:
Common Stock, $1 par value -- $4.93 billion
The number of shares outstanding of the registrant's classes of common stock, as of February 26,
2003:
Common Stock, $1 par value – 116,116,376 shares
DOCUMENTS INCORPORATED BY REFERENCE
Portions of the Annual Report to Stockholders for the year ended December 31, 2002, are in-
corporated by reference into Parts I and II.
Portions of the proxy statement for the annual stockholders meeting to be held on April 22, 2003,
are incorporated by reference into Part III.
2. PART I
ITEM 1. BUSINESS
(a) General Development of Business
PACCAR Inc (the Company), incorporated under the laws of Delaware in 1971, is the successor
to Pacific Car and Foundry Company which was incorporated in Washington in 1924. The Com-
pany traces its predecessors to Seattle Car Manufacturing Company formed in 1905.
(b) Financial Information About Industry Segments and Geographic Areas
Information about the Company's industry segments and geographic areas in response to Items
101(b), (c)(1)(i), and (d) of Regulation S-K appears on pages 46 and 47 of the Annual Report to
Stockholders for the year ended December 31, 2002 and is incorporated herein by reference.
(c) Narrative Description of Business
The Company has two principal industry segments, (1) manufacture and distribution of light-,
medium- and heavy-duty trucks and related aftermarket distribution of parts and (2) finance and
leasing services provided to customers and dealers. The Company distributes trucks and parts
primarily through its independent dealer network. The Company's finance and leasing activities are
principally related to Company products and associated equipment. Other manufactured products
include industrial winches.
TRUCKS
The Company and its subsidiaries design and manufacture heavy-duty diesel trucks which are
marketed under the Peterbilt, Kenworth, DAF and Foden nameplates. These vehicles, which are
built in four plants in the United States, three in Europe and one each in Australia, Canada, and
Mexico, are used worldwide for over-the-road and off-highway hauling of freight, petroleum, wood
products, construction and other materials. Commercial trucks and related replacement parts
comprise the largest segment of the Company’s business, accounting for 93% of total 2002 net
sales and revenues.
The Company, through its Peterbilt and Kenworth Divisions, competes in the North American
medium duty (Class 6/7) markets primarily with conventional models. These medium-duty trucks
are assembled at the Company's Ste. Therese, Quebec plant and at the Company’s facility in
Mexicali, Mexico. This line of business represents a small, but increasing, percentage of the
Company's North American sales. The Company competes in the European light/medium (6 to
15 metric ton) commercial vehicle market with DAF cab-over-engine trucks assembled in the
United Kingdom by Leyland, one of the Company's wholly-owned subsidiaries.
Substantially all trucks and related parts are sold to dealers, which are independent except for
a small number of factory branches. The Kenworth and Peterbilt nameplates are marketed and
distributed by separate divisions in the U.S. and a foreign subsidiary in Canada. The Kenworth
nameplate is also marketed and distributed by foreign subsidiaries in Mexico and Australia. The
DAF and Foden nameplates are marketed and distributed by foreign subsidiaries headquartered
in the Netherlands and United Kingdom, respectively. A U.S. division, PACCAR International, also
markets all four nameplates outside each of their primary markets. The decision to operate as a
subsidiary or as a division is incidental to Truck Segment operations and reflects legal, tax and
regulatory requirements in the various countries where PACCAR operates.
-2-
3. The Truck Segment utilizes centrally managed purchasing, information technology, engineering
technical research and testing, treasury and finance functions. Certain manufacturing plants in
North America and Europe produce trucks for more than one nameplate in common production
facilities, while other plants produce trucks for only one nameplate, depending on various factors.
Also, as a result of the close similarity of the business models employed by each nameplate, best
manufacturing practices within the Company are shared on a routine basis.
The Company's trucks are essentially custom products and have a reputation for high quality.
For a significant portion of the Company's truck operations, major components, such as engines,
transmissions and axles, as well as a substantial percentage of other components, are purchased
from component manufacturers pursuant to PACCAR and customer specifications. DAF, which is
more vertically integrated, manufactures its own engines and axles and a higher percentage of
other components for its heavy truck models. The value of truck components manufactured by
independent suppliers ranges from approximately 50% in Europe to approximately 80% in North
America.
Raw materials and other components used in the manufacture of trucks are purchased from
a number of suppliers. The Company’s DAF subsidiary purchases fully assembled cabs from a
competitor, Renault V.I., for its European light-duty product line pursuant to a joint product develop-
ment and long-term supply contract. Sales of trucks manufactured with these cabs amounted to
approximately 5% of consolidated revenues. A short-term loss of supply, and the resulting interrup-
tion in the production of these trucks, would not have a material effect on the Company’s results
of operations. However, a loss of supply for an extended period of time would either require the
Company to contract for an alternative source of supply or for the Company to manufacture cabs
itself. Other than these components, the Company is not limited to any single source for any sig-
nificant component, although the sudden inability of a supplier to deliver components could have a
temporary adverse effect on production of certain products. No significant shortages of materials or
components were experienced in 2002. Manufacturing inventory levels are based upon production
schedules and orders are placed with suppliers accordingly.
Replacement truck parts are sold and delivered to the Company's independent dealers through
the Company's parts distribution network. Parts are both manufactured by the Company and pur-
chased from various suppliers. Replacement parts inventory levels are determined largely by
anticipated customer demand and the need for timely delivery. As a percentage of total consoli-
dated net sales and revenues, parts sales were 15% in 2002, 16% in 2001 and 12% in 2000.
There were three other principal competitors in the U.S. and Canada Class 8 truck market in
2002. The Company's share of that market was 23.6% of retail sales in 2002. In Europe there were
five other principal competitors in the commercial vehicle market in 2002, including parent
companies to two competitors of the Company in the United States. The Company's subsidiary,
DAF, had a 12.0% share of the Western European heavy-duty market and a 8.6% share of the
light/medium market. These markets are highly competitive in price, quality and service, and
PACCAR is not dependent on any single customer for its sales. There are no significant seasonal
variations.
The Peterbilt, Kenworth, DAF and Foden nameplates are recognized internationally and play an
important role in the marketing of the Company's truck products. The Company engages in a
continuous program of trademark and trade name protection in all marketing areas of the world.
Although the Company's truck products are subject to environmental noise and emission con-
trols, competing manufacturers are subject to the same controls. The Company believes the cost of
complying with noise and emission controls will not be detrimental to its business.
-3-
4. The Company had a total production backlog of $1.4 billion at the end of 2002. Within this
backlog, orders scheduled for delivery within three months (90 days) are considered to be firm. The
90-day backlog approximated $1.1 billion at December 31, 2002, and $0.8 billion at December 31,
2001. Production of the year-end 2002 backlog is expected to be completed during 2003.
The number of persons employed by the Company in its truck business at December 31, 2002,
was approximately 15,500.
OTHER BUSINESS
The Truck and Other businesses includes a division of the Company which manufacturers indus-
trial winches in two U.S. plants and markets them under the Braden, Carco, and Gearmatic name-
plates. The markets for these products are highly competitive and the Company competes with a
number of well established firms. Sales of industrial winches were less than 1% of net sales and
revenues in 2002, 2001 and 2000.
The Braden, Carco, and Gearmatic trademarks and trade names are recognized internationally
and play an important role in the marketing of those products. The Company has an ongoing
program of trademark and trade name protection in all relevant marketing areas.
FINANCIAL SERVICES
In North America, Australia and seven Western European countries, the Company provides
financing and leasing arrangements principally for its manufactured trucks through wholly-owned
finance companies operating under the PACCAR Financial or PacLease trade names. They
provide inventory financing for independent dealers selling PACCAR products, and retail and lease
financing for new and used trucks and other transportation equipment sold principally by its
independent dealers. Receivables are secured by the products financed or leased.
PACCAR has a 49% equity ownership in DAF Financial Services (DFS) in Europe. Effective
July 1, 2001, concurrent with the start-up of wholly-owned PACCAR Financial Europe in seven
Western European markets, DFS ceased writing new business. At December 31, 2002 DFS had
total assets of $425 million compared to $715 million at December 31, 2001. DFS will continue to
service existing assets until they are liquidated in the ordinary course of business. This investment,
which is recorded under the equity method, was $37 million at December 31, 2002. For DFS,
operating results were insignificant for the three years ended December 31, 2002.
The Company also conducts full service leasing operations through wholly-owned subsidiaries
in North America under the PacLease trade name. Selected dealers in North America are fran-
chised to provide full service leasing. The Company provides its franchisees equipment financing
and managerial support. The Company also operates full service lease outlets on its own behalf.
PATENTS
The Company owns numerous patents which relate to all product lines. Although these patents
are considered important to the overall conduct of the Company's business, no patent or group of
patents is considered essential to a material part of the Company's business.
REGULATION
As a manufacturer of highway trucks, the Company is subject to the National Traffic and Motor
Vehicle Safety Act and Federal Motor Vehicle Safety Standards promulgated by the National
Highway Traffic Safety Administration. The Company believes it is in compliance with the Act and
applicable safety standards.
-4-
5. Information regarding the effects that compliance with international, federal, state and local
provisions regulating the environment have on the Company's capital and operating expenditures
and the Company's involvement in environmental cleanup activities is included in Management's
Discussion and Analysis of Financial Condition and Results of Operations and the Company's
Consolidated Financial Statements incorporated by reference in Items 7 and 8, respectively.
EMPLOYEES
On December 31, 2002, the Company employed a total of approximately 16,500 persons.
OTHER DISCLOSURES
The Company’s filings on Form 10-K, 10-Q, and 8-K and any amendments to those reports can
be found on the Company’s website www.paccar.com/corp/finance.asp free of charge as soon as
practicable after the report is electronically filed with, or furnished to, the Securities and Exchange
Commission.
ITEM 2. PROPERTIES
The Company and its subsidiaries own and operate manufacturing plants in five U.S. states,
three locations in Europe, and one each in Australia, Canada and Mexico. Several parts distribu-
tion centers, sales and service offices, and finance and administrative offices are also operated in
owned or leased premises in these and other countries. Facilities for product testing and research
and development are located in Skagit County, Washington and Eindhoven, the Netherlands. The
Company's corporate headquarters is located in owned premises in Bellevue, Washington. The
Company considers all of the properties used by its businesses to be suitable for their intended
purposes.
Most of the Company’s manufacturing facilities increased their production levels in 2002 com-
pared to the previous year. There is additional capacity utilization available in the Company’s
North American and European facilities. The Company’s manufacturing facility in Australia
operated near its productive capacity during the second half of 2002.
The following summarizes the number of the Company’s manufacturing plants by geographical
location within indicated industry segments:
U.S. Canada Australia Mexico Europe
Truck 4 1 1 1 3
Other 2 - - - -
Properties located in Washington, California and Texas are being held for sale.
ITEM 3. LEGAL PROCEEDINGS
The Company and its subsidiaries are parties to various lawsuits incidental to the ordinary
course of business. Management believes that the disposition of such lawsuits will not materially
affect the Company's business or financial condition.
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
No matters were submitted to a vote of security holders during the fourth quarter of 2002.
-5-
6. PART II
ITEM 5. MARKET FOR REGISTRANT'S EQUITY AND RELATED STOCKHOLDER
MATTERS
Common Stock Market Prices and Dividends on page 49 of the Annual Report to Stockholders
for the year ended December 31, 2002, are incorporated herein by reference.
EQUITY COMPENSATION PLAN INFORMATION
Outstanding options Weighted-average exercise Shares available
Plan Category at December 31, 2002 price of outstanding options for grant
All stock compensation
Plans approved by
Shareholders 3,015,600 $32.82 6,887,000
All stock compensation plans have been approved by the shareholders.
ITEM 6. SELECTED FINANCIAL DATA
Selected Financial Data on page 48 of the Annual Report to Stockholders for the year ended
December 31, 2002, are incorporated herein by reference.
ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS
Management's Discussion and Analysis of Financial Condition and Results of Operations on
pages 23 through 28 of the Annual Report to Stockholders for the year ended December 31,
2002, is incorporated herein by reference.
ITEM 7a. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
Quantitative and qualitative disclosures about market risk on page 50 of the Annual Report to
Stockholders for the year ended December 31, 2002, is incorporated herein by reference.
-6-
7. ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
The following consolidated financial statements of the registrant and its subsidiaries, included
in the Annual Report to Stockholders for the year ended December 31, 2002, are incorporated
herein by reference:
Consolidated Balance Sheets
-- December 31, 2002 and 2001
Consolidated Statements of Income
-- Years Ended December 31, 2002, 2001 and 2000
Consolidated Statements of Stockholders' Equity
-- Years Ended December 31, 2002, 2001 and 2000
Consolidated Statements of Comprehensive Income
-- Years Ended December 31, 2002, 2001 and 2000
Consolidated Statements of Cash Flows
-- Years Ended December 31, 2002, 2001 and 2000
Notes to Consolidated Financial Statements
-- December 31, 2002, 2001 and 2000
Quarterly Results (Unaudited) on page 49 of the Annual Report to Stockholders for the years
ended December 31, 2002 and 2001 are incorporated herein by reference.
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING
AND FINANCIAL DISCLOSURE
The registrant has not had any disagreements with its independent auditors on accounting or
financial disclosure matters.
-7-
8. PART III
ITEM 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT
Item 401(a), (d), (e) and Item 405 of Regulation S-K:
Identification of directors, family relationships, and business experience on pages 4 and 5 of
the proxy statement for the annual stockholders meeting of April 22, 2003, is incorporated herein
by reference.
Item 401(b) of Regulation S-K:
Executive Officers of the registrant as of February 23, 2003:
Present Position and Other Position(s)
Name and Age Held During Last Five Years
Mark C. Pigott (49) Chairman and Chief Executive Officer since 1997. Mr. Pigott is
the nephew of James C. Pigott, a director of the Company.
David J. Hovind (62) Vice Chairman; President from February 1992 to December
2002.
Michael A. Tembreull (56) Vice Chairman since 1995.
Thomas E. Plimpton (53) President; Executive Vice President from August 1998 to
December 2002; previously Senior Vice President.
Patrick F. Flynn (47) Vice President, Chief Information Officer since January 1998.
Ronald E. Armstrong (47) Vice President and Controller; Operations Controller from
December 1995 to October 2002.
G. Glen Morie (60) Vice President and General Counsel since 1983.
Kenneth R. Gangl (57) Vice President since March 1999; previously President and Chief
Executive Officer of Case Credit Corporation.
Officers are elected annually but may be appointed or removed on interim dates.
-8-
9. ITEM 11. EXECUTIVE COMPENSATION
Compensation of Directors and Executive Officers and Related Matters on pages 6 through 10
of the proxy statement for the annual stockholders meeting of April 22, 2003, is incorporated
herein by reference.
ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGE-
MENT
Stock ownership information on pages 3 and 4 of the proxy statement for the annual
stockholders meeting of April 22, 2003, is incorporated herein by reference.
ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS
No transactions with management and others as defined by Item 404 of Regulation S-K
occurred in 2002.
ITEM 14. CONTROLS AND PROCEDURES
The Company’s principal executive officer and principal financial officer evaluated the Com-
pany’s disclosure controls and procedures (as defined in rule 13a-14(c) and 15d-14(c) under the
Securities Exchange Act of 1934, as amended) as of a date within 90 days before the filing of this
annual report (the Evaluation Date). Based on that evaluation, the principal executive officer and
principal financial officer of the Company concluded that, as of the Evaluation Date, the disclo-
sure controls and procedures in place at the Company were adequate to ensure that information
required to be disclosed by the Company, including its consolidated subsidiaries, in reports that
the Company files or submits under the Exchange Act, is recorded, processed, summarized and
reported on a timely basis in accordance with applicable rules and regulations. There have been
no significant changes in the Company’s internal controls or in other factors that could significant-
ly affect internal controls subsequent to the Evaluation Date.
-9-
10. PART IV
ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON FORM 8-K
(a) (1) Listing of financial statements
The following consolidated financial statements of PACCAR Inc and subsidiaries,
included in the Annual Report to Stockholders for the year ended December 31, 2002,
are incorporated by reference in Item 8:
Consolidated Balance Sheets
-- December 31, 2002 and 2001
Consolidated Statements of Income
-- Years Ended December 31, 2002, 2001 and 2000
Consolidated Statements of Stockholders' Equity
-- Years Ended December 31, 2002, 2001 and 2000
Consolidated Statements of Comprehensive Income
-- Years Ended December 31, 2002, 2001 and 2000
Consolidated Statements of Cash Flows
-- Years Ended December 31, 2002, 2001 and 2000
Notes to Consolidated Financial Statements
-- December 31, 2002, 2001 and 2000
(2) Listing of financial statement schedules
All schedules are omitted because the required matter or conditions are not present or
because the information required by the schedules is submitted as part of the con-
solidated financial statements and notes thereto.
(3) Listing of Exhibits (in order of assigned index numbers)
(3) Articles of incorporation and bylaws
(a) PACCAR Inc Certificate of Incorporation, as amended to April 29, 1997 (in-
corporated by reference to the Quarterly Report on Form 10-Q for the quar-
ter ended March 31, 1997).
(b) PACCAR Inc Bylaws, as amended to April 26, 1994 (incorporated by refer-
ence to the Quarterly Report on Form 10-Q for the quarter ended March 31,
1994), and Bylaw Article III, as amended to July 10, 2001 (incorporated by
reference to the Quarterly Report on Form 10-Q for the quarter ended June
30, 2001).
(4) Instruments defining the rights of security holders, including indentures
(a) Rights agreement dated as of December 10, 1998 between PACCAR Inc
and First Chicago Trust Company of New York setting forth the terms of the
Series A Junior Participating Preferred Stock, no par value per share
(incorporated by reference to Exhibit 4.1 of the Current Report on Form 8-K
of PACCAR Inc dated December 21, 1998).
-10-
11. (b) Amendment Number 1 to rights agreement dated as of December 10, 1998
between PACCAR Inc and First Chicago Trust Company of New York
appointing Wells Fargo Bank N.A. as successor rights agent, effective as
of the close of business September 15, 2000 (incorporated by reference to
Exhibit (4)(b) of the Quarterly Report on Form 10-Q for the quarter ended
September 30, 2000).
(c) Indenture for Senior Debt Securities dated as of December 1, 1983, and
first Supplemental Indenture dated as of June 19, 1989, between PACCAR
Financial Corp. and Citibank, N.A., Trustee (incorporated by reference to
Exhibit 4.1 of the Annual Report on Form 10-K of PACCAR Financial Corp.
dated March 26, 1984, File Number 0-12553 and Exhibit 4.2 to PACCAR
Financial Corp.'s registration statement on Form S-3 dated June 23, 1989,
Registration Number 33-29434).
(d) Forms of Medium-Term Note, Series H (incorporated by reference to
Exhibits 4.3A and 4.3B to PACCAR Financial Corp.'s Registration
Statement on Form S-3 dated March 11, 1996, Registration Number 333-
01623).
Form of Letter of Representation among PACCAR Financial Corp., Citibank,
N.A. and the Depository Trust Company, Series H (incorporated by
reference to Exhibit 4.4 to PACCAR Financial Corp.'s Registration
Statement on Form S-3 dated March 11, 1996, Registration Number 333-
01623).
(e) Forms of Medium-Term Note, Series I (incorporated by reference to Exhibits
4.2A and 4.2B to PACCAR Financial Corp.'s Registration Statement on
Form S-3 dated September 10, 1998, Registration Number 333-63153).
Form of Letter of Representation among PACCAR Financial Corp., Citibank,
N.A. and the Depository Trust Company, Series I (incorporated by reference
to Exhibit 4.3 to PACCAR Financial Corp.'s Registration Statement on Form
S-3 dated September 10, 1998, Registration Number 333-63153).
(f) Forms of Medium-Term Note, Series J (incorporated by reference to Ex-
hibits 4.2A and 4.2B to PACCAR Financial Corp.'s Registration Statement
on Form S-3 dated March 2, 2000, Registration Number 333-31502).
Form of Letter of Representation among PACCAR Financial Corp., Citibank,
N.A. and the Depository Trust Company, Series J (incorporated by refer-
ence to Exhibit 4.3 to PACCAR Financial Corp.'s Registration Statement
on Form S-3 dated March 2, 2000, Registration Number 333-31502).
(10) Material contracts
(a) PACCAR Inc Incentive Compensation Plan (incorporated by reference to
Exhibit (10)(a) of the Annual Report on Form 10-K for the year ended
December 31, 1980).
-11-
12. (b) Amended and Restated Supplemental Retirement Plan (incorporated by
reference to Exhibit (10)(b) of the Quarterly Report on Form 10-Q for the
quarter ended September 30, 2000).
(c) PACCAR Inc 1991 Long-Term Incentive Plan (incorporated by reference to
Exhibit C of the 1997 Proxy Statement, dated March 20, 1997).
(d) Amendment to the PACCAR Inc 1991 Long-Term Incentive Plan (incorp-
orated by reference to Exhibit (10)(f) of the Quarterly Report on Form 10-Q
for the quarter ended September 30, 2000).
(e) Amended and Restated Deferred Incentive Compensation Plan (incorp-
orated by reference to Exhibit (10)(g) of the Quarterly Report on Form 10-Q
for the quarter ended September 30, 2000).
(f) PACCAR Inc Senior Executive Incentive Plan (incorporated by reference to
Exhibit D of the 1997 Proxy Statement, dated March 20, 1997).
(g) PACCAR Inc Restricted Stock and Deferred Compensation Plan for Non-
employee Directors (incorporated by reference to Appendix A of the 2000
Proxy Statement, dated March 16, 2000).
(13) Annual report to security holders
Portions of the 2002 Annual Report to Shareholders have been incorporated by
reference and are filed herewith.
(21) Subsidiaries of the registrant
(23) Consent of independent auditors
(24) Power of attorney
Powers of attorney of certain directors
(99) Additional Exhibits
(a) Certification pursuant to section 906 of the Sarbanes-Oxley Act of 2002
(18 U.S.C. section 1350).
(b) Certification pursuant to section 906 of the Sarbanes-Oxley Act of 2002
(18 U.S.C. section 1350).
(b) No reports on Form 8-K were filed for the three months ended December 31, 2002
(c) Exhibits (Exhibits filed with the Securities and Exchange Commission are not included
herein. Copies of exhibits will be furnished to stockholders at a cost of 25¢ per page upon
written request addressed to Corporate Secretary, PACCAR Inc, P.O. Box 1518, Bellevue,
Washington 98009.)
(d) Financial Statement Schedules
All schedules are omitted because the required matter or conditions are not present or be-
cause the information required by the schedules is submitted as part of the consolidated
financial statements and notes thereto.
-12-
13. SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
PACCAR Inc
Registrant
Date: March 10, 2003 /s/ M. C. Pigott
M. C. Pigott, Director, Chairman and
Chief Executive Officer
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed
below by the following persons on behalf of the registrant and in the capacities indicated.
Signature Title
/s/ M. A. Tembreull Director and Vice Chairman
M. A. Tembreull (Principal Financial Officer)
/s/ R. E. Armstrong Vice President and Controller
R. E. Armstrong (Principal Accounting Officer)
*/s/ D. J. Hovind Director
D. J. Hovind
*/s/ H. A. Wagner Director
H. A. Wagner
*/s/ J. C. Pigott Director
J. C. Pigott
*/s/ J. M. Fluke, Jr. Director
J. M. Fluke, Jr.
*/s/ H. C. Stonecipher Director
H. C. Stonecipher
*/s/ D. K. Newbigging Director
D. K. Newbigging
*/s/ G. Grinstein Director
G. Grinstein
*/s/ W. G. Reed, Jr. Director
W. G. Reed, Jr.
*By /s/ M. C. Pigott
M. C. Pigott
Attorney-in-Fact
-13-
14. CERTIFICATIONS
I, Mark C. Pigott, Chairman and Chief Executive Officer, certify that:
1. I have reviewed this annual report on Form 10-K of PACCAR Inc;
2. Based on my knowledge, this annual report does not contain any untrue statement of a
material fact or omit to state a material fact necessary to make the statements made, in light of
the circumstances under which such statements were made, not misleading with respect to the
period covered by this annual report;
3. Based on my knowledge, the financial statements, and other financial information included in
this annual report, fairly present in all material respects the financial condition, results of
operations and cash flows of the registrant as of, and for, the periods presented in this annual
report;
4. The registrant's other certifying officers and I are responsible for establishing and maintaining
disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for
the registrant and we have:
a) designed such disclosure controls and procedures to ensure that material information
relating to the registrant, including its consolidated subsidiaries, is made known to us by
others within those entities, particularly during the period in which this annual report is being
prepared;
b) evaluated the effectiveness of the registrant's disclosure controls and procedures as of a
date within 90 days prior to the filing date of this annual report (the quot;Evaluation Datequot;); and
c) presented in this annual report our conclusions about the effectiveness of the disclosure
controls and procedures based on our evaluation as of the Evaluation Date;
5. The registrant's other certifying officers and I have disclosed, based on our most recent
evaluation, to the registrant's auditors and the audit committee of registrant's board of directors
(or persons performing the equivalent functions):
a) all significant deficiencies in the design or operation of internal controls which could
adversely affect the registrant's ability to record, process, summarize and report financial
data and have identified for the registrant's auditors any material weaknesses in internal
controls; and
b) any fraud, whether or not material, that involves management or other employees who have
a significant role in the registrant's internal controls; and
6. The registrant's other certifying officers and I have indicated in this annual report whether there
were significant changes in internal controls or in other factors that could significantly affect
internal controls subsequent to the date of our most recent evaluation, including any corrective
actions with regard to significant deficiencies and material weaknesses.
Date March 10, 2003
/s/ Mark C. Pigott
Mark C. Pigott
Chairman and Chief Executive Officer
(Principal Executive Officer)
-14-
15. I, Michael A. Tembreull, Vice Chairman, certify that:
1. I have reviewed this annual report on Form 10-K of PACCAR Inc;
2. Based on my knowledge, this annual report does not contain any untrue statement of a
material fact or omit to state a material fact necessary to make the statements made, in light of
the circumstances under which such statements were made, not misleading with respect to the
period covered by this annual report;
3. Based on my knowledge, the financial statements, and other financial information included in
this annual report, fairly present in all material respects the financial condition, results of
operations and cash flows of the registrant as of, and for, the periods presented in this annual
report;
4. The registrant's other certifying officers and I are responsible for establishing and maintaining
disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for
the registrant and we have:
a) designed such disclosure controls and procedures to ensure that material information
relating to the registrant, including its consolidated subsidiaries, is made known to us by
others within those entities, particularly during the period in which this annual report is being
prepared;
b) evaluated the effectiveness of the registrant's disclosure controls and procedures as of a
date within 90 days prior to the filing date of this annual report (the quot;Evaluation Datequot;); and
c) presented in this annual report our conclusions about the effectiveness of the disclosure
controls and procedures based on our evaluation as of the Evaluation Date;
5. The registrant's other certifying officers and I have disclosed, based on our most recent
evaluation, to the registrant's auditors and the audit committee of registrant's board of directors
(or persons performing the equivalent functions):
a) all significant deficiencies in the design or operation of internal controls which could
adversely affect the registrant's ability to record, process, summarize and report financial
data and have identified for the registrant's auditors any material weaknesses in internal
controls; and
b) any fraud, whether or not material, that involves management or other employees who have
a significant role in the registrant's internal controls; and
6. The registrant's other certifying officers and I have indicated in this annual report whether there
were significant changes in internal controls or in other factors that could significantly affect
internal controls subsequent to the date of our most recent evaluation, including any corrective
actions with regard to significant deficiencies and material weaknesses.
Date March 10, 2003
/s/ Michael A. Tembreull
Michael A. Tembreull
Vice Chairman
(Principal Financial Officer)
-15-