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450.42 Td (13) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 122 434.9833984375 m 166.43359375 434.9833984375 l s q 0 0 1 rg BT 122.00 436.32 Td (Employees) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 434.0833984375 m 559 434.0833984375 l s q 0 0 1 rg BT 549.00 435.42 Td (14) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 122 419.9833984375 m 210.3935546875 419.9833984375 l s q 0 0 1 rg BT 122.00 421.32 Td (A) Tj ET Q q 0 0 1 rg BT 128.48 421.32 Td (vailable Information) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 419.0833984375 m 559 419.0833984375 l s q 0 0 1 rg BT 549.00 420.42 Td (14) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 122 404.9833984375 m 266.208984375 404.9833984375 l s q 0 0 1 rg BT 122.00 406.32 Td (Executive Of) Tj ET Q q 0 0 1 rg BT 174.85 406.32 Td (ficers of the Registrant) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 404.0833984375 m 559 404.0833984375 l s q 0 0 1 rg BT 549.00 405.42 Td (15) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 94.3 389.9833984375 m 106.24580078125 389.9833984375 l s q 0 0 1 rg BT 94.30 391.32 Td (1A) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 389.9833984375 m 166.2783203125 389.9833984375 l s q 0 0 1 rg BT 116.00 391.32 Td (Risk Factors) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 389.0833984375 m 559 389.0833984375 l s q 0 0 1 rg BT 549.00 390.42 Td (17) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 94.3 374.9833984375 m 105.969921875 374.9833984375 l s q 0 0 1 rg BT 94.30 376.32 Td (1B) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 374.9833984375 m 229.69140625 374.9833984375 l s q 0 0 1 rg BT 116.00 376.32 Td (Unresolved Staf) Tj ET Q q 0 0 1 rg BT 180.53 376.32 Td (f Comments) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 374.0833984375 m 559 374.0833984375 l s q 0 0 1 rg BT 549.00 375.42 Td (24) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 101 359.9833984375 m 106 359.9833984375 l s q 0 0 1 rg BT 101.00 361.32 Td (2) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 359.9833984375 m 156.546875 359.9833984375 l s q 0 0 1 rg BT 116.00 361.32 Td (Properties) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 359.0833984375 m 559 359.0833984375 l s q 0 0 1 rg BT 549.00 360.42 Td (25) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 101 344.9833984375 m 106 344.9833984375 l s q 0 0 1 rg BT 101.00 346.32 Td (3) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 344.9833984375 m 190.140625 344.9833984375 l s q 0 0 1 rg BT 116.00 346.32 Td (Legal Proceedings) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 344.0833984375 m 559 344.0833984375 l s q 0 0 1 rg BT 549.00 345.42 Td (27) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 101 329.9833984375 m 106 329.9833984375 l s q 0 0 1 rg BT 101.00 331.32 Td (4) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 329.9833984375 m 214.3154296875 329.9833984375 l s q 0 0 1 rg BT 116.00 331.32 Td (Mine Safety Disclosures) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 329.0833984375 m 559 329.0833984375 l s q 0 0 1 rg BT 549.00 330.42 Td (27) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 67.3 314.9833984375 m 73.96015625 314.9833984375 l s q 0 0 1 rg BT 67.30 316.32 Td (II) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 101 314.9833984375 m 106 314.9833984375 l s q 0 0 1 rg BT 101.00 316.32 Td (5) Tj ET Q BT /F1 10.00 Tf ET 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1 rg BT 116.00 276.32 Td (Management's Discussion and ) Tj ET Q q 0 0 1 rg BT 239.17 276.32 Td (Analysis of Financial Condition and Results of Operations) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 274.0833984375 m 559 274.0833984375 l s q 0 0 1 rg BT 549.00 275.42 Td (31) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 94.3 259.9833984375 m 106.24580078125 259.9833984375 l s q 0 0 1 rg BT 94.30 261.32 Td (7A) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 259.9833984375 m 357.62109375 259.9833984375 l s q 0 0 1 rg BT 116.00 261.32 Td (Quantitative and Qualitative Disclosures ) Tj ET Q q 0 0 1 rg BT 280.40 261.32 Td (About Market Risk) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 259.0833984375 m 559 259.0833984375 l s q 0 0 1 rg BT 549.00 260.42 Td (59) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 101 244.9833984375 m 106 244.9833984375 l s q 0 0 1 rg BT 101.00 246.32 Td (8) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 244.9833984375 m 300.951171875 244.9833984375 l s q 0 0 1 rg BT 116.00 246.32 Td (Financial Statements and Supplementary Data) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 549 244.08339843750002 m 559 244.08339843750002 l s 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116 199.9833984375 m 214.3154296875 199.9833984375 l s q 0 0 1 rg BT 116.00 201.32 Td (Controls and Procedures) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 544.7 199.08339843750002 m 558.9578125 199.08339843750002 l s q 0 0 1 rg BT 544.70 200.42 Td (1) Tj ET Q q 0 0 1 rg BT 549.33 200.42 Td (1) Tj ET Q q 0 0 1 rg BT 553.96 200.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 94.3 184.9833984375 m 105.969921875 184.9833984375 l s q 0 0 1 rg BT 94.30 186.32 Td (9B) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 184.9833984375 m 189.0322265625 184.9833984375 l s q 0 0 1 rg BT 116.00 186.32 Td (Other Information) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 544.7 184.08339843750002 m 558.9578125 184.08339843750002 l s q 0 0 1 rg BT 544.70 185.42 Td (1) Tj ET Q q 0 0 1 rg BT 549.33 185.42 Td (1) Tj ET Q q 0 0 1 rg BT 553.96 185.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 64 169.9833984375 m 73.990234375 169.9833984375 l s q 0 0 1 rg BT 64.00 171.32 Td (III) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 96 169.9833984375 m 106 169.9833984375 l s q 0 0 1 rg BT 96.00 171.32 Td (10) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 169.9833984375 m 343.4951171875 169.9833984375 l s q 0 0 1 rg BT 116.00 171.32 Td (Directors, Executive Of) Tj ET Q q 0 0 1 rg BT 211.06 171.32 Td (ficers and Corporate Governance) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 544.7 169.08339843750002 m 558.9578125 169.08339843750002 l s q 0 0 1 rg BT 544.70 170.42 Td (1) Tj ET Q q 0 0 1 rg BT 549.33 170.42 Td (1) Tj ET Q q 0 0 1 rg BT 553.96 170.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 96.35 154.9833984375 m 105.97890625 154.9833984375 l s q 0 0 1 rg BT 96.35 156.32 Td (1) Tj ET Q q 0 0 1 rg BT 100.98 156.32 Td (1) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 154.9833984375 m 216.25390625 154.9833984375 l s q 0 0 1 rg BT 116.00 156.32 Td (Executive Compensation) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 544.7 154.08339843750002 m 558.9578125 154.08339843750002 l s q 0 0 1 rg BT 544.70 155.42 Td (1) Tj ET Q q 0 0 1 rg BT 549.33 155.42 Td (1) Tj ET Q q 0 0 1 rg BT 553.96 155.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 96 139.9833984375 m 106 139.9833984375 l s q 0 0 1 rg BT 96.00 141.32 Td (12) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 139.9833984375 m 521.15625 139.9833984375 l s q 0 0 1 rg BT 116.00 141.32 Td (Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 544.35 139.08339843750002 m 558.97890625 139.08339843750002 l s q 0 0 1 rg BT 544.35 140.42 Td (1) Tj ET Q q 0 0 1 rg BT 548.98 140.42 Td (12) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 96 124.9833984375 m 106 124.9833984375 l s q 0 0 1 rg BT 96.00 126.32 Td (13) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 124.9833984375 m 401.7568359375 124.9833984375 l s q 0 0 1 rg BT 116.00 126.32 Td (Certain Relationships, Related ) Tj ET Q q 0 0 1 rg BT 240.24 126.32 Td (T) Tj ET Q q 0 0 1 rg BT 246.00 126.32 Td (ransactions and Director Independence) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 544.35 124.08339843750002 m 558.97890625 124.08339843750002 l s q 0 0 1 rg BT 544.35 125.42 Td (1) Tj ET Q q 0 0 1 rg BT 548.98 125.42 Td (12) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 96 109.9833984375 m 106 109.9833984375 l s q 0 0 1 rg BT 96.00 111.32 Td (14) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 109.08339843750002 m 274.8525390625 109.08339843750002 l s q 0 0 1 rg BT 116.00 110.42 Td (Principal ) Tj ET Q q 0 0 1 rg BT 154.05 110.42 Td (Accounting Fees and Services) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 544.35 109.08339843750002 m 558.97890625 109.08339843750002 l s q 0 0 1 rg BT 544.35 110.42 Td (1) Tj ET Q q 0 0 1 rg BT 548.98 110.42 Td (12) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 63.6 94.9833984375 m 74.06142578125 94.9833984375 l s q 0 0 1 rg BT 63.60 96.32 Td (IV) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 96 94.9833984375 m 106 94.9833984375 l s q 0 0 1 rg BT 96.00 96.32 Td (15) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 94.9833984375 m 291.5224609375 94.9833984375 l s q 0 0 1 rg BT 116.00 96.32 Td (Exhibits and Financial Statement Schedules) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 544.35 94.08339843750002 m 558.97890625 94.08339843750002 l s q 0 0 1 rg BT 544.35 95.42 Td (1) Tj ET Q q 0 0 1 rg BT 548.98 95.42 Td (12) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 79.9833984375 m 158.216796875 79.9833984375 l s q 0 0 1 rg BT 116.00 81.32 Td (Signatures) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 544.35 79.08339843750002 m 558.97890625 79.08339843750002 l s q 0 0 1 rg BT 544.35 80.42 Td (1) Tj ET Q q 0 0 1 rg BT 548.98 80.42 Td (13) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 116 64.9833984375 m 229.876953125 64.9833984375 l s q 0 0 1 rg BT 116.00 66.32 Td (CumminsInc. Exhibit Index) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 544.35 64.08339843750002 m 558.97890625 64.08339843750002 l s q 0 0 1 rg BT 544.35 65.42 Td (1) Tj ET Q q 0 0 1 rg BT 548.98 65.42 Td (14) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 7 0 obj <>] /Rotate 0 /Contents 8 0 R>> endobj 8 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (CumminsInc. and its consolidated subsidiaries are hereinafter sometimes referred to as "Cummins," "we," "our) Tj ET Q q 0 0 0 rg BT 495.73 742.10 Td (," or "us.") Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 722.10 Td (CAUTIONAR) Tj ET Q q 0 0 0 rg BT 111.32 722.10 Td (Y) Tj ET Q q 0 0 0 rg BT 118.17 722.10 Td ( ST) Tj ET Q q 0 0 0 rg BT 132.16 722.10 Td (A) Tj ET Q q 0 0 0 rg BT 138.64 722.10 Td (TEMENTS REGARDING FOR) Tj ET Q q 0 0 0 rg BT 275.52 722.10 Td (W) Tj ET Q q 0 0 0 rg BT 284.41 722.10 Td (ARD-LOOKING INFORMA) Tj ET Q q 0 0 0 rg BT 408.95 722.10 Td (TION) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.51 722.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 702.10 Td (Certain parts of this annual report contain forward-looking statements intended to qualify for the safe harbors from liability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 690.10 Td (established by the Private Securities Litigation Reform ) Tj ET Q q 0 0 0 rg BT 271.34 690.10 Td (Act of 1995.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.61 690.10 Td ( Forward-looking statements include those that are based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 678.10 Td (on current expectations, estimates and projections about the industries in which we operate and management) Tj ET Q q 0 0 0 rg BT 486.81 678.10 Td (s beliefs and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 666.10 Td (assumptions.Forward-looking statements are generally accompanied by words such as "anticipates," "expects," "forecasts," ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 654.10 Td ("intends," "plans," "believes," "seeks," "estimates," "could," "should" or words of similar meaning.) Tj ET Q q 0 0 0 rg BT 448.30 654.10 Td (These statements are not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 642.10 Td (guarantees of future performance and involve certain risks, uncertainties and assumptions, which we refer to as "future factors," ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 630.10 Td (which are dif) Tj ET Q q 0 0 0 rg BT 102.57 630.10 Td (ficult to predict. ) Tj ET Q q 0 0 0 rg BT 169.04 630.10 Td (Therefore, actual outcomes and results may dif) Tj ET Q q 0 0 0 rg BT 356.84 630.10 Td (fer materially from what is expressed or forecasted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 618.10 Td (in such forward-looking statements. Some future factors that could cause our results to dif) Tj ET Q q 0 0 0 rg BT 410.28 618.10 Td (fer materially from the results ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 606.10 Td (discussed in such forward-looking statements are discussed below and shareholders, potential investors and other readers are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 594.10 Td (ur) Tj ET Q q 0 0 0 rg BT 58.15 594.10 Td (ged to consider these future factors carefully in evaluating forward-looking statements.Readers are cautioned not to place ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 582.10 Td (undue reliance on forward-looking statements, which speak only as of the date hereof.Future factors that could af) Tj ET Q q 0 0 0 rg BT 505.50 582.10 Td (fect the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 570.10 Td (outcome of forward-looking statements include the following:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.83 570.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 550.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 550.10 Td (a sustained slowdown or significant downturn in our markets;) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 532.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 532.10 Td (a slowdown in infrastructure development;) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 514.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 514.10 Td (unpredictability in the adoption, implementation and enforcement of emission standards around the world;) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 496.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 496.10 Td (the actions of, and income from, joint ventures and other investees that we do not directly control;) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 478.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 478.10 Td (changes in the engine outsourcing practices of significant customers;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.47 478.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 460.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 460.10 Td (a downturn in the North ) Tj ET Q q 0 0 0 rg BT 184.04 460.10 Td (American truck industry or financial distress of a major truck customer;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.18 460.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 442.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 442.10 Td (a major customer experiencing financial distress;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.32 442.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 424.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 424.10 Td (any significant problems in our new engine platforms;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.89 424.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 406.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 406.10 Td (supply shortages and supplier financial risk, particularly from any of our single-sourced suppliers;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.40 406.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 388.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 388.10 Td (variability in material and commodity costs;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.90 388.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 370.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 370.10 Td (product recalls;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.92 370.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 352.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 352.10 Td (competitor pricing activity;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.41 352.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 334.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 334.10 Td (increasing competition, including increased global competition among our customers in emer) Tj ET Q q 0 0 0 rg BT 459.33 334.10 Td (ging markets;) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 316.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 316.10 Td (exposure to information technology security threats and sophisticated "cyber attacks;") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.90 316.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 298.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 298.10 Td (political, economic and other risks from operations in numerous countries;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.26 298.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 280.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 280.10 Td (changes in taxation;) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 262.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 262.10 Td (global legal and ethical compliance costs and risks;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.21 262.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 244.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 244.10 Td (aligning our capacity and production with our demand;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.22 244.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 226.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 226.10 Td (product liability claims;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.54 226.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 208.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 208.10 Td (the development of new technologies;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.18 208.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 190.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 190.10 Td (obtaining additional customers for our new light-duty diesel engine platform and avoiding any related write-down in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 178.10 Td (our investments in such platform;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.42 178.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 160.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 160.10 Td (increasingly stringent environmental laws and regulations;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.11 160.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 142.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 142.10 Td (foreign currency exchange rate changes;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.58 142.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 124.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 124.10 Td (the price and availability of ener) Tj ET Q q 0 0 0 rg BT 215.48 124.10 Td (gy;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.26 124.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 106.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 106.10 Td (the performance of our pension plan assets;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.83 106.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 88.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 88.10 Td (labor relations;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.26 88.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 70.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 70.10 Td (changes in accounting standards;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.90 70.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 52.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 52.10 Td (our sales mix of products;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.87 52.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 9 0 obj <>] /Rotate 0 /Contents 10 0 R>> endobj 10 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 742.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 742.10 Td (protection and validity of our patent and other intellectual property rights;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.47 742.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 724.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 724.10 Td (technological implementation and cost/financial risks in our increasing use of lar) Tj ET Q q 0 0 0 rg BT 409.06 724.10 Td (ge, multi-year contracts;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.52 724.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 706.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 706.10 Td (the cyclical nature of some of our markets;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.32 706.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 688.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 688.10 Td (the outcome of pending and future litigation and governmental proceedings;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.63 688.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 670.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 670.10 Td (continued availability of financing, financial instruments and financial resources in the amounts, at the times and on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 658.10 Td (the terms required to support our future business;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.90 658.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 640.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 640.10 Td (the consummation and integration of the planned acquisitions of our partially-owned United States and Canadian ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 628.10 Td (distributors; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.27 628.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 610.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 610.10 Td (other risk factors described in ItemIA) Tj ET Q q 0 0 0 rg BT 238.17 610.10 Td ( under the caption "Risk Factors.") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 590.10 Td (Shareholders, potential investors and other readers are ur) Tj ET Q q 0 0 0 rg BT 277.51 590.10 Td (ged to consider these factors carefully in evaluating the forward-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 578.10 Td (looking statements and are cautioned not to place undue reliance on such forward-looking statements.) Tj ET Q q 0 0 0 rg BT 459.41 578.10 Td (The forward-looking ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.10 Td (statements made herein are made only as of the date of this annual report and we undertake no obligation to publicly update ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 554.10 Td (any forward-looking statements, whether as a result of new information, future events or otherwise.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 11 0 obj <>] /Rotate 0 /Contents 12 0 R>> endobj 12 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 289.80 742.25 Td (P) Tj ET Q q 0 0 0 rg BT 295.17 742.25 Td (AR) Tj ET Q q 0 0 0 rg BT 309.26 742.25 Td (T) Tj ET Q q 0 0 0 rg BT 315.75 742.25 Td ( I) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 714.25 Td (ITEM 1.Business) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 686.25 Td (OVER) Tj ET Q q 0 0 0 rg BT 78.54 686.25 Td (VIEW) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 666.25 Td (Cummins Inc. was founded in 1919 as a corporation in Columbus, Indiana, as one of the first diesel engine manufacturers.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.60 666.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.92 666.25 Td (W) Tj ET Q q 0 0 0 rg BT 550.56 666.25 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 654.25 Td (are a global power leader that designs, manufactures, distributes and services diesel and natural gas engines and engine-related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 642.25 Td (component products, including filtration, aftertreatment, turbochar) Tj ET Q q 0 0 0 rg BT 315.84 642.25 Td (gers, fuel systems, controls systems, air handling systems ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 630.25 Td (and electric power generation systems.) Tj ET Q q 0 0 0 rg BT 207.54 630.25 Td (W) Tj ET Q q 0 0 0 rg BT 216.18 630.25 Td (e sell our products to original equipment manufacturers \(OEMs\), distributors and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 618.25 Td (other customers worldwide.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.36 618.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.68 618.25 Td (W) Tj ET Q q 0 0 0 rg BT 172.32 618.25 Td (e serve our customers through a network of approximately) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.14 618.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.64 618.25 Td (600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.64 618.25 Td ( company-owned and independent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 606.25 Td (distributor locations and approximately) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.47 606.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.97 606.25 Td (7,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.47 606.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.97 606.25 Td (dealer locations in more than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.54 606.25 Td (190) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.54 606.25 Td ( countries and territories.) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 578.25 Td (OPERA) Tj ET Q q 0 0 0 rg BT 84.26 578.25 Td (TING SEGMENTS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 558.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 558.25 Td (e have four complementary operating segments: Engine, Distribution, Components and Power Generation. ) Tj ET Q q 0 0 0 rg BT 490.02 558.25 Td (These segments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 546.25 Td (share technology) Tj ET Q q 0 0 0 rg BT 117.38 546.25 Td (, customers, strategic partners, brand recognition and our distribution network in order to compete more ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 534.25 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 534.25 Td (ficiently and ef) Tj ET Q q 0 0 0 rg BT 117.93 534.25 Td (fectively in their respective markets. In each of our operating segments, we compete worldwide with a number ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 522.25 Td (of other manufacturers and distributors that produce and sell similar products. Our products compete primarily on the basis of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 510.25 Td (performance, fuel economy) Tj ET Q q 0 0 0 rg BT 159.58 510.25 Td (, speed of delivery) Tj ET Q q 0 0 0 rg BT 232.79 510.25 Td (, quality) Tj ET Q q 0 0 0 rg BT 264.91 510.25 Td (, customer support and price. Financial information about our operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 498.25 Td (segments, including geographic information, is incorporated by reference from Note) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.89 498.25 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.89 498.25 Td (, ") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.97 498.25 Td (OPERA) Tj ET Q q 0 0 0 rg BT 440.64 498.25 Td (TING SEGMENTS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.81 498.25 Td (," to our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 486.25 Td (Consolidated Financial Statements.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 458.25 Td (Engine Segment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 438.25 Td (Engine segment sales and earnings before interest and taxes \(EBIT\) as a percentage of consolidated results were:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 76.50 399.75 260.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 399.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 399.75 62.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 399.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 399.75 62.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 468.50 399.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 472.50 399.75 62.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 413.75 m 402.5 413.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 413.75 m 406.5 413.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 413.75 m 468.5 413.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.5 413.75 m 472.5 413.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472.5 413.75 m 534.5 413.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 413.75 m 402.5 413.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 399.75 m 402.5 399.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 399.75 m 468.5 399.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472.5 399.75 m 534.5 399.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 399.75 m 402.5 399.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 399.75 m 468.5 399.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472.5 399.75 m 534.5 399.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 79.00 418.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.95 417.98 Td (Years ended December31,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 79.00 404.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 363.00 403.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.00 403.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 495.00 403.98 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.00 390.32 Td (Percent of consolidated net sales) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 209.51 394.85 Td (\(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.00 390.43 Td (45) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 392.00 390.43 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 390.32 Td (47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 390.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.65 390.32 Td (50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 390.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.00 376.32 Td (Percent of consolidated EBIT) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 197.57 380.85 Td (\(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.00 376.43 Td (48) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 392.00 376.43 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 376.32 Td (48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 376.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.65 376.32 Td (54) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 376.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 77.00 365.05 Td (___________________________________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 77.00 356.07 Td (\(1\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 83.06 352.45 Td ( Measured before intersegment eliminations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 332.45 Td (Our Engine segment manufactures and markets a broad range of diesel and natural gas powered engines under the Cummins ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 320.45 Td (brand name, as well as certain customer brand names, for the heavy- and medium-duty truck, bus, recreational vehicle \(R) Tj ET Q q 0 0 0 rg BT 534.58 320.45 Td (V\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 308.45 Td (light-duty automotive, agricultural, construction, mining, marine, oil and gas, rail and governmental equipment markets. ) Tj ET Q q 0 0 0 rg BT 533.31 308.45 Td (W) Tj ET Q q 0 0 0 rg BT 541.95 308.45 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 296.45 Td (of) Tj ET Q q 0 0 0 rg BT 58.15 296.45 Td (fer a wide variety of engine products including:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 276.45 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 276.45 Td (Engines with a displacement range of 2.8 to 95 liters and horsepower ranging from 49 to 5,100;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 258.45 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 258.45 Td (New parts and service, as well as remanufactured parts and engines, through our extensive distribution network;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 240.45 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 240.45 Td (The newly developed 5.0 liter ) Tj ET Q q 0 0 0 rg BT 208.00 240.45 Td (V8 diesel engine, which will be sold through the R) Tj ET Q q 0 0 0 rg BT 410.50 240.45 Td (V) Tj ET Q q 0 0 0 rg BT 416.43 240.45 Td (, pick-up, bus and certain medium-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 228.45 Td (duty truck markets; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 210.45 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 210.45 Td (The newly developed 95 liter QSK95 diesel engine will begin production in 2015.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.45 Td (Our Engine segment is or) Tj ET Q q 0 0 0 rg BT 152.02 190.45 Td (ganized by engine displacement size and serves these end-user markets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 170.45 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 170.45 Td (Heavy-duty truck - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.16 170.45 Td (W) Tj ET Q q 0 0 0 rg BT 178.80 170.45 Td (e manufacture diesel engines that range from 310 to 600 horsepower serving global heavy-duty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 158.45 Td (truck customers worldwide.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 140.45 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 140.45 Td (Medium-duty truck and bus - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.19 140.45 Td (W) Tj ET Q q 0 0 0 rg BT 223.83 140.45 Td (e manufacture medium-duty diesel engines ranging from 200 to 450 horsepower ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 128.45 Td (serving medium-duty and inter) Tj ET Q q 0 0 0 rg BT 209.38 128.45 Td (-city delivery truck customers worldwide, with key markets including North ) Tj ET Q q 0 0 0 rg BT 516.26 128.45 Td (America, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 116.45 Td (Latin ) Tj ET Q q 0 0 0 rg BT 109.05 116.45 Td (America, Europe and Mexico. ) Tj ET Q q 0 0 0 rg BT 232.16 116.45 Td (W) Tj ET Q q 0 0 0 rg BT 240.79 116.45 Td (e also provide diesel and natural gas engines for school buses, transit buses and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 104.45 Td (shuttle buses worldwide, with key markets including North ) Tj ET Q q 0 0 0 rg BT 324.58 104.45 Td (America, Europe, Latin ) Tj ET Q q 0 0 0 rg BT 420.93 104.45 Td (America and ) Tj ET Q q 0 0 0 rg BT 474.24 104.45 Td (Asia.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 86.45 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 86.45 Td (Light-duty automotive and R) Tj ET Q q 0 0 0 rg BT 210.38 86.45 Td (V) Tj ET Q q 0 0 0 rg BT 217.43 86.45 Td ( - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.76 86.45 Td (W) Tj ET Q q 0 0 0 rg BT 234.39 86.45 Td (e manufacture 320 to 385 horsepower diesel engines for Chrysler Group, LLC's ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 74.45 Td (\(Chrysler\) heavy-duty chassis cab and pickup trucks and 200 to 600 horsepower diesel engines for Class) Tj ET Q q 0 0 0 rg BT 505.90 74.45 Td (A) Tj ET Q q 0 0 0 rg BT 512.57 74.45 Td ( motor ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 62.45 Td (homes \(R) Tj ET Q q 0 0 0 rg BT 123.81 62.45 Td (Vs\), primarily in North ) Tj ET Q q 0 0 0 rg BT 218.52 62.45 Td (America.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 13 0 obj <>] /Rotate 0 /Contents 14 0 R>> endobj 14 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 742.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 742.10 Td (Industrial - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.12 742.10 Td (W) Tj ET Q q 0 0 0 rg BT 145.76 742.10 Td (e provide mid-range, heavy-duty and high-horsepower engines that range from 49 to 5,100 horsepower ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 730.10 Td (for a wide variety of equipment in the construction, agricultural, mining, rail, government, oil and gas, power ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 718.10 Td (generation and commercial and recreational marine applications throughout the world. ) Tj ET Q q 0 0 0 rg BT 433.93 718.10 Td (Across these markets we have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 706.10 Td (major customers in North ) Tj ET Q q 0 0 0 rg BT 190.43 706.10 Td (America, Europe, Middle East, ) Tj ET Q q 0 0 0 rg BT 316.78 706.10 Td (Africa, China, Korea, Japan, Latin ) Tj ET Q q 0 0 0 rg BT 456.45 706.10 Td (America, India, Russia, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 694.10 Td (Southeast ) Tj ET Q q 0 0 0 rg BT 126.83 694.10 Td (Asia, South Pacific and Mexico.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 674.10 Td (The principal customers of our heavy- and medium-duty truck engines include truck manufacturers such as P) Tj ET Q q 0 0 0 rg BT 485.89 674.10 Td (ACCAR Inc. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 662.10 Td (\(P) Tj ET Q q 0 0 0 rg BT 57.97 662.10 Td (ACCAR\), Daimler ) Tj ET Q q 0 0 0 rg BT 135.84 662.10 Td (T) Tj ET Q q 0 0 0 rg BT 141.60 662.10 Td (rucks North ) Tj ET Q q 0 0 0 rg BT 191.04 662.10 Td (America, Navistar International Corporation \(Navistar\), Ford Motor Company) Tj ET Q q 0 0 0 rg BT 503.92 662.10 Td (, MAN Latin ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 650.10 Td (America and ) Tj ET Q q 0 0 0 rg BT 103.68 650.10 Td (V) Tj ET Q q 0 0 0 rg BT 109.61 650.10 Td (olvo. ) Tj ET Q q 0 0 0 rg BT 132.21 650.10 Td (W) Tj ET Q q 0 0 0 rg BT 140.85 650.10 Td (e sell our industrial engines to manufacturers of construction, agricultural and marine equipment, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 638.10 Td (including Komatsu, Belaz, Hyundai, Hitachi and JLG. ) Tj ET Q q 0 0 0 rg BT 269.50 638.10 Td (The principal customers of our light-duty on-highway engines are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.10 Td (Chrysler and manufacturers of R) Tj ET Q q 0 0 0 rg BT 180.27 626.10 Td (Vs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 606.10 Td (In the markets served by our Engine segment, we compete with independent engine manufacturers as well as OEMswho ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 594.10 Td (manufacture engines for their own products. Our primary competitors in North ) Tj ET Q q 0 0 0 rg BT 367.14 594.10 Td (America are Navistar) Tj ET Q q 0 0 0 rg BT 452.25 594.10 Td (, Daimler ) Tj ET Q q 0 0 0 rg BT 492.33 594.10 Td (T) Tj ET Q q 0 0 0 rg BT 498.09 594.10 Td (rucks North ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 582.10 Td (America, CaterpillarInc. \(CA) Tj ET Q q 0 0 0 rg BT 168.56 582.10 Td (T\), ) Tj ET Q q 0 0 0 rg BT 182.82 582.10 Td (V) Tj ET Q q 0 0 0 rg BT 188.75 582.10 Td (olvo Powertrain, Ford Motor Company and Hino Power) Tj ET Q q 0 0 0 rg BT 412.63 582.10 Td (. Our primary competitors in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 570.10 Td (international markets vary from country to country) Tj ET Q q 0 0 0 rg BT 252.62 570.10 Td (, with local manufacturers generally predominant in each geographic market. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 558.10 Td (Other engine manufacturers in international markets include ) Tj ET Q q 0 0 0 rg BT 293.34 558.10 Td (W) Tj ET Q q 0 0 0 rg BT 301.98 558.10 Td (eichai PowerCo.Ltd., MAN Nutzfahrzeuge ) Tj ET Q q 0 0 0 rg BT 481.09 558.10 Td (AG \(MAN\), Fiat ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 546.10 Td (Power Systems, GuangxiY) Tj ET Q q 0 0 0 rg BT 156.94 546.10 Td (uchai Group, GE Jenbacher) Tj ET Q q 0 0 0 rg BT 267.06 546.10 Td (, ) Tj ET Q q 0 0 0 rg BT 271.88 546.10 Td (T) Tj ET Q q 0 0 0 rg BT 277.29 546.10 Td (ognum ) Tj ET Q q 0 0 0 rg BT 307.01 546.10 Td (AG, CA) Tj ET Q q 0 0 0 rg BT 339.24 546.10 Td (T) Tj ET Q q 0 0 0 rg BT 344.60 546.10 Td (, ) Tj ET Q q 0 0 0 rg BT 349.42 546.10 Td (V) Tj ET Q q 0 0 0 rg BT 355.36 546.10 Td (olvo, ) Tj ET Q q 0 0 0 rg BT 377.76 546.10 Td (Y) Tj ET Q q 0 0 0 rg BT 383.98 546.10 Td (anmarCo.,Ltd. and Deutz ) Tj ET Q q 0 0 0 rg BT 492.29 546.10 Td (AG.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 518.10 Td (Distribution Segment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 498.10 Td (Distribution segment sales and EBIT) Tj ET Q q 0 0 0 rg BT 197.57 498.10 Td ( as a percentage of consolidated results were:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 75.50 451.60 262.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 451.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 451.60 62.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 451.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 451.60 62.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 451.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 451.60 62.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 465.6 m 403.5 465.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 465.6 m 407.5 465.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 465.6 m 469.5 465.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 465.6 m 473.5 465.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 465.6 m 535.5 465.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 451.6 m 403.5 451.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 451.6 m 469.5 451.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 451.6 m 535.5 451.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 78.00 470.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 392.95 469.83 Td (Years ended December31,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 78.00 456.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.00 455.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.00 455.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 496.00 455.83 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.00 442.17 Td (Percent of consolidated net sales) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 208.51 446.70 Td (\(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 383.00 442.28 Td (22) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 393.00 442.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.65 442.17 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.65 442.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.65 442.17 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 442.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.00 428.17 Td (Percent of consolidated EBIT) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 196.57 432.70 Td (\(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 383.00 428.28 Td (19) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 393.00 428.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.65 428.17 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.65 428.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.65 428.17 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 428.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 77.00 416.90 Td (___________________________________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 77.00 407.93 Td (\(1\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 83.06 404.30 Td ( Measured before intersegment eliminations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 384.30 Td (Our Distribution segment consists of 34 company-owned and 8 joint venture distributors that service and distribute the full ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 372.30 Td (range of our products and services to end-users at over 400 locations in approximately 80 distribution territories. Our company-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 360.30 Td (owned distributors are located in key markets, including North ) Tj ET Q q 0 0 0 rg BT 302.72 360.30 Td (America, ) Tj ET Q q 0 0 0 rg BT 341.59 360.30 Td (Australia, Europe, the Middle East, India, China, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 348.30 Td (Africa, Russia, Japan, Brazil, Singapore and Central ) Tj ET Q q 0 0 0 rg BT 260.78 348.30 Td (America, while our joint venture distributors are located in key markets, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 336.30 Td (including North ) Tj ET Q q 0 0 0 rg BT 115.55 336.30 Td (America, South ) Tj ET Q q 0 0 0 rg BT 180.26 336.30 Td (America, China, ) Tj ET Q q 0 0 0 rg BT 248.39 336.30 Td (Thailand, Singapore and ) Tj ET Q q 0 0 0 rg BT 348.74 336.30 Td (V) Tj ET Q q 0 0 0 rg BT 355.36 336.30 Td (ietnam.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 316.30 Td (The Distribution segment consists of the following businesses which service and/or distribute the full range of our products and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 304.30 Td (services:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 284.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 284.30 Td (Parts and filtration;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 266.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 266.30 Td (Power generation;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 248.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 248.30 Td (Engines; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 230.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 230.30 Td (Service.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 210.30 Td (The Distribution segment is or) Tj ET Q q 0 0 0 rg BT 172.03 210.30 Td (ganized into seven primary geographic regions:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 190.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 190.30 Td (North and Central ) Tj ET Q q 0 0 0 rg BT 160.15 190.30 Td (America;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 172.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 172.30 Td (Europe, CIS and China;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 154.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 154.30 Td (Asia Pacific;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 136.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 136.30 Td (Middle East;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 118.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 118.30 Td (Africa;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 100.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 100.30 Td (India; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 82.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 82.30 Td (South ) Tj ET Q q 0 0 0 rg BT 111.29 82.30 Td (America.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 62.30 Td (Asia Pacific is composed of six smaller regional distributor or) Tj ET Q q 0 0 0 rg BT 297.82 62.30 Td (ganizations \(South Pacific, Korea, Japan, Philippines, Malaysia ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 50.30 Td (and Singapore\) which allow us to better manage these vast geographic territories.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 15 0 obj <>] /Rotate 0 /Contents 16 0 R>> endobj 16 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (North and Central ) Tj ET Q q 0 0 0 rg BT 124.15 742.10 Td (America are comprised of a network of wholly-owned, partially-owned and independent distributors. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (Internationally) Tj ET Q q 0 0 0 rg BT 108.22 730.10 Td (, our network consists of independent, partially-owned and wholly-owned distributors. ) Tj ET Q q 0 0 0 rg BT 456.58 730.10 Td (Through these networks, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (we provide parts and service to our customers. ) Tj ET Q q 0 0 0 rg BT 238.37 718.10 Td (These full-service solutions include maintenance contracts, engineering services ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (and integrated products, where we customize our products to cater to specific needs of end-users. Our distributors also serve ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (and develop dealers, predominantly OEM dealers, in their territories by providing new products, technical support, tools, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (training, parts and product information.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 662.10 Td (In addition to managing our involvement with our wholly-owned and partially-owned distributors, our Distribution segment is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 650.10 Td (responsible for managing the performance and capabilities of our independent distributors. Our Distribution segment serves a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 638.10 Td (highly diverse customer base with approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.39 638.10 Td (43 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.32 638.10 Td ( of its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.60 638.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.60 638.10 Td ( sales being generated from new engines and power ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.10 Td (generation equipment, compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.12 626.10 Td (44 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.04 626.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.82 626.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.82 626.10 Td (, with its remaining sales generated by parts and filtration and service ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 614.10 Td (revenue.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 594.10 Td (Financial information about our distributors accounted for under the equity method are incorporated by reference from Note) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.99 594.10 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.99 594.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 582.10 Td (") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.08 582.10 Td (INVESTMENTS IN EQUITY) Tj ET Q q 0 0 0 rg BT 175.92 582.10 Td ( INVESTEES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.75 582.10 Td (," to our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 266.94 582.10 Td (Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.48 582.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (Our distributors compete with distributors or dealers that of) Tj ET Q q 0 0 0 rg BT 288.11 562.10 Td (fer similar products. In many cases, these competing distributors or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (dealers are owned by) Tj ET Q q 0 0 0 rg BT 134.03 550.10 Td (, or af) Tj ET Q q 0 0 0 rg BT 157.45 550.10 Td (filiated with the companies that are listed as competitors of our Engine, Components or Power ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (Generation segments. ) Tj ET Q q 0 0 0 rg BT 138.96 538.10 Td (These competitors vary by geographical location.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 518.10 Td (In September 2013, we announced our intention to acquire the equity that we do not already own in most of our partially-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 506.10 Td (owned United States and Canadian distributors over the next ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.22 506.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.21 506.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.99 506.10 Td (five years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.13 506.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.13 506.10 Td (During 2014, we spent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.73 506.10 Td ($460 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.12 506.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.62 506.10 Td (on these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 494.10 Td (acquisitions and the related debt retirements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.83 494.10 Td ( Refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.25 494.10 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.25 494.10 Td (, ") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.33 494.10 Td (ACQUISITIONS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.33 494.10 Td (," to our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 407.52 494.10 Td (Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.07 494.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 482.10 Td (for additional information. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (Components Segment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 434.10 Td (Components segment sales and EBIT) Tj ET Q q 0 0 0 rg BT 199.79 434.10 Td ( as a percentage of consolidated results were:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 76.50 387.60 260.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 387.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 387.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 387.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 387.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 468.50 387.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 472.50 387.60 62.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 401.6 m 402.5 401.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 401.6 m 406.5 401.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 401.6 m 468.5 401.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468.5 401.6 m 472.5 401.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472.5 401.6 m 534.5 401.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 387.6 m 402.5 387.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 387.6 m 468.5 387.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 472.5 387.6 m 534.5 387.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 79.00 406.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.95 405.83 Td (Years ended December31,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 79.00 392.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 363.00 391.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.00 391.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 495.00 391.83 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.00 377.27 Td (Percent of consolidated net sales) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 209.51 381.80 Td (\(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.00 377.28 Td (21) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 392.00 377.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 377.27 Td (21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 377.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.65 377.27 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 377.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.00 362.27 Td (Percent of consolidated EBIT) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 197.57 366.80 Td (\(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.00 362.28 Td (27) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 392.00 362.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 362.27 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 362.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.65 362.27 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 362.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 77.00 350.90 Td (___________________________________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 77.00 341.93 Td (\(1\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 83.06 338.30 Td ( Measured before intersegment eliminations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 318.30 Td (Our Components segment supplies products which complement our Engine segment, including aftertreatment systems, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 306.30 Td (turbochar) Tj ET Q q 0 0 0 rg BT 88.13 306.30 Td (gers, filtration products and fuel systems for commercial diesel applications. ) Tj ET Q q 0 0 0 rg BT 396.20 306.30 Td (W) Tj ET Q q 0 0 0 rg BT 404.84 306.30 Td (e manufacture filtration systems for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 294.30 Td (on- and of) Tj ET Q q 0 0 0 rg BT 90.92 294.30 Td (f-highway heavy-duty and mid-range equipment, and we are a supplier of filtration products for industrial and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 282.30 Td (passenger car applications. In addition, we develop aftertreatment systems and turbochar) Tj ET Q q 0 0 0 rg BT 404.69 282.30 Td (gers to help our customers meet ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 270.30 Td (increasingly stringent emission standards and fuel systems which to date have primarily supplied our Engine segment and our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 258.30 Td (joint venture partner Scania.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.30 Td (Our Components segment is or) Tj ET Q q 0 0 0 rg BT 174.25 238.30 Td (ganized around the following businesses:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 218.30 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 218.30 Td (Emission solutions - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.52 218.30 Td (Our emission solutions business is a global leader in designing, manufacturing and integrating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 206.30 Td (aftertreatment technology and solutions for the commercial on-and of) Tj ET Q q 0 0 0 rg BT 364.06 206.30 Td (f-highway medium-duty) Tj ET Q q 0 0 0 rg BT 460.89 206.30 Td (, heavy-duty and high-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 194.30 Td (horsepower engine markets. Our emission solutions business develops and produces various emission solutions, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 182.30 Td (including custom engineering systems and integrated controls, oxidation catalysts, particulate filters, oxides of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 170.30 Td (nitrogen \(NOx\) reduction systems such as selective catalytic reduction and NOx adsorbers and engineered components ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 158.30 Td (including dosers and sensors. Our emission solutions business primarily serves markets in North ) Tj ET Q q 0 0 0 rg BT 473.74 158.30 Td (America, Europe, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 146.30 Td (China, Brazil, Russia and ) Tj ET Q q 0 0 0 rg BT 189.88 146.30 Td (Australia and serves both OEM and engine first fit and retrofit customers.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 128.30 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 128.30 Td (T) Tj ET Q q 0 0 0 rg BT 91.75 128.30 Td (urbo technologies - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.36 128.30 Td (Our turbo technologies business designs, manufactures and markets turbochar) Tj ET Q q 0 0 0 rg BT 487.04 128.30 Td (gers for light-duty) Tj ET Q q 0 0 0 rg BT 559.16 128.30 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 116.30 Td (mid-range, heavy-duty and high-horsepower diesel markets with manufacturing facilities in five countries and sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 104.30 Td (and distribution worldwide. Our turbo technologies business provides critical air handling technologies for engines, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 92.30 Td (including variable geometry turbochar) Tj ET Q q 0 0 0 rg BT 239.37 92.30 Td (gers, to meet challenging performance requirements and worldwide emission ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 80.30 Td (standards. Our turbo technologies business primarily serves markets in North ) Tj ET Q q 0 0 0 rg BT 396.78 80.30 Td (America, Europe, ) Tj ET Q q 0 0 0 rg BT 469.53 80.30 Td (Asia and Brazil.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 17 0 obj <>] /Rotate 0 /Contents 18 0 R>> endobj 18 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 742.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 742.10 Td (Filtration - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.43 742.10 Td (Our filtration business designs and manufactures filtration, coolant and chemical products. Our filtration ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 730.10 Td (business of) Tj ET Q q 0 0 0 rg BT 130.54 730.10 Td (fers over 8,300 products including air filters, fuel filters, fuel water separators, lube filters, hydraulic filters, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 718.10 Td (coolant, diesel exhaust fluid, fuel additives and other filtration systems to OEMs, dealers/distributors and end users. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 706.10 Td (Our filtration business supports a wide customer base in a diverse range of markets including on-highway) Tj ET Q q 0 0 0 rg BT 508.30 706.10 Td (, of) Tj ET Q q 0 0 0 rg BT 521.45 706.10 Td (f-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 694.10 Td (highway) Tj ET Q q 0 0 0 rg BT 119.79 694.10 Td (, oil and gas, agriculture, construction, power generation, marine, industrial and light-duty trucks. ) Tj ET Q q 0 0 0 rg BT 511.73 694.10 Td (W) Tj ET Q q 0 0 0 rg BT 520.37 694.10 Td (e produce ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 682.10 Td (and sell globally recognized Fleetguard branded products in over 160 countries including countries in North ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 670.10 Td (America, Europe, South ) Tj ET Q q 0 0 0 rg BT 184.59 670.10 Td (America, ) Tj ET Q q 0 0 0 rg BT 223.46 670.10 Td (Asia, ) Tj ET Q q 0 0 0 rg BT 246.24 670.10 Td (Australia and ) Tj ET Q q 0 0 0 rg BT 301.78 670.10 Td (Africa. Fleetguard products are available through thousands of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 658.10 Td (distribution points worldwide.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 640.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 640.10 Td (Fuel systems - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.49 640.10 Td (Our fuel systems business designs and manufactures new and replacement fuel systems primarily for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 628.10 Td (heavy-duty on-highway diesel engine applications and also remanufactures fuel systems. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 608.10 Td (Customers of our Components segment generally include our Engine and Distribution segments, truck manufacturers and other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 596.10 Td (OEMs, many of which are also customers of our Engine segment, such as P) Tj ET Q q 0 0 0 rg BT 352.08 596.10 Td (ACCAR, Daimler) Tj ET Q q 0 0 0 rg BT 423.89 596.10 Td (, Navistar) Tj ET Q q 0 0 0 rg BT 462.37 596.10 Td (, ) Tj ET Q q 0 0 0 rg BT 467.19 596.10 Td (V) Tj ET Q q 0 0 0 rg BT 473.12 596.10 Td (olvo, Scania, Fiat, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 584.10 Td (Komatsu, Ford and other manufacturers that use our components in their product platforms.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 564.10 Td (Our Components segment competes with other manufacturers of aftertreatment systems, filtration, turbochar) Tj ET Q q 0 0 0 rg BT 484.41 564.10 Td (gers and fuel ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 552.10 Td (systems. Our primary competitors in these markets include Robert BoschGmbH, Donaldson Company) Tj ET Q q 0 0 0 rg BT 461.51 552.10 Td (, Inc., ClarcorInc., ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 540.10 Td (Mann+Hummel Group, Honeywell International, Bor) Tj ET Q q 0 0 0 rg BT 264.30 540.10 Td (g-W) Tj ET Q q 0 0 0 rg BT 281.27 540.10 Td (arner) Tj ET Q q 0 0 0 rg BT 301.41 540.10 Td (, ) Tj ET Q q 0 0 0 rg BT 306.23 540.10 Td (T) Tj ET Q q 0 0 0 rg BT 311.64 540.10 Td (enneco Inc., Eberspacher HoldingGmbH&Co. KG and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 528.10 Td (Denso Corporation.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 508.10 Td (On July18, 2012, we acquired the doser technology business assets from Hilite GermanyGmbH \(Hilite\) in a $176million cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 496.10 Td (transaction. ) Tj ET Q q 0 0 0 rg BT 98.69 496.10 Td (The acquisition was accounted for as a business combination with the majority of the purchase price being ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 484.10 Td (allocated to goodwill and technology and customer related intangible assets. ) Tj ET Q q 0 0 0 rg BT 357.23 484.10 Td (The results of the acquired entity were included in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 472.10 Td (the Components operating segment after the acquisition date.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 444.10 Td (Power) Tj ET Q q 0 0 0 rg BT 77.03 444.10 Td ( Generation Segment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 424.10 Td (Power Generation segment sales and EBIT) Tj ET Q q 0 0 0 rg BT 221.71 424.10 Td ( as a percentage of consolidated results were:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 79.50 377.60 254.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 377.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 377.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.50 377.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 377.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 465.50 377.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 377.60 62.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 391.6 m 399.5 391.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 391.6 m 403.5 391.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 391.6 m 465.5 391.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 391.6 m 469.5 391.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 391.6 m 531.5 391.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 377.6 m 399.5 377.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 377.6 m 465.5 377.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 377.6 m 531.5 377.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 206.00 396.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 388.95 395.83 Td (Years ended December31,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 82.00 382.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 360.00 381.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.00 381.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 492.00 381.83 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.00 367.27 Td (Percent of consolidated net sales) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 212.51 371.80 Td (\(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.00 367.28 Td (12) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 389.00 367.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.65 367.27 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.65 367.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.65 367.27 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.65 367.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.00 352.27 Td (Percent of consolidated EBIT) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 200.57 356.80 Td (\(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 384.00 352.28 Td (6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 389.00 352.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.65 352.27 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.65 352.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.65 352.27 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.65 352.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 81.50 340.90 Td (___________________________________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 81.50 331.93 Td (\(1\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 87.56 328.30 Td ( Measured before intersegment eliminations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 308.30 Td (Our Power Generation segment designs and manufactures most of the components that make up power generation systems, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 296.30 Td (including controls, alternators, transfer switches and switchgear) Tj ET Q q 0 0 0 rg BT 304.37 296.30 Td (. ) Tj ET Q q 0 0 0 rg BT 309.19 296.30 Td (This segment is a global provider of power generation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 284.30 Td (systems, components and services for a diversified customer base, including the following:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 264.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 264.30 Td (Standby power solutions for customers who rely on uninterrupted sources of power to meet the needs of their ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 252.30 Td (customers;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 234.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 234.30 Td (Distributed generation power solutions for customers with less reliable electrical power infrastructures, typically in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 222.30 Td (developing countries. In addition, our power solutions provide an alternative source of generating capacity located ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 210.30 Td (close to its point of use, which is purchased by utilities, independent power producers and lar) Tj ET Q q 0 0 0 rg BT 458.23 210.30 Td (ge power customers for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 198.30 Td (use as prime or peaking power; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 180.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 180.30 Td (Mobile power solutions, which provide a secondary source of power \(other than drivetrain power\) for mobile ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 168.30 Td (applications.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 148.30 Td (Our Power Generation segment is or) Tj ET Q q 0 0 0 rg BT 196.17 148.30 Td (ganized around the following businesses:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 128.30 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 128.30 Td (Power) Tj ET Q q 0 0 0 rg BT 113.03 128.30 Td ( pr) Tj ET Q q 0 0 0 rg BT 125.35 128.30 Td (oducts - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.46 128.30 Td (Our power products business manufactures generators for commercial and consumer applications ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 116.30 Td (ranging from two kilowatts \(kW\) to one megawatt \(MW\) under the Cummins Power Generation and Cummins Onan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 104.30 Td (brands.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 115.16 104.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 86.30 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 86.30 Td (Power) Tj ET Q q 0 0 0 rg BT 113.03 86.30 Td ( systems - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.63 86.30 Td (Our power systems business manufactures and sells diesel fuel-based generator sets over one MW) Tj ET Q q 0 0 0 rg BT 548.66 86.30 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 74.30 Td (paralleling systems and transfer switches for critical protection and distributed generation applications. ) Tj ET Q q 0 0 0 rg BT 499.86 74.30 Td (W) Tj ET Q q 0 0 0 rg BT 508.50 74.30 Td (e also of) Tj ET Q q 0 0 0 rg BT 542.19 74.30 Td (fer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 62.30 Td (integrated systems that consist of generator sets, power transfer and paralleling switchgear for applications such as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 50.30 Td (data centers, health care facilities and waste water treatment plants.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.04 50.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 19 0 obj <>] /Rotate 0 /Contents 20 0 R>> endobj 20 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 742.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 742.10 Td (Alternators - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.76 742.10 Td (Our alternator business designs, manufactures, sells and services ) Tj ET Q q 0 0 0 rg BT 404.25 742.10 Td (A/C generator/alternator products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 730.10 Td (internally as well as to other generator set assemblers. Our products are sold under the Stamford, ) Tj ET Q q 0 0 0 rg BT 477.28 730.10 Td (A) Tj ET Q q 0 0 0 rg BT 483.21 730.10 Td (VK and Markon ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 718.10 Td (brands and range in output from 0.6 kilovolt-amperes \(kV) Tj ET Q q 0 0 0 rg BT 316.60 718.10 Td (A\) to 30,000 kV) Tj ET Q q 0 0 0 rg BT 380.86 718.10 Td (A.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 700.10 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 700.10 Td (Power) Tj ET Q q 0 0 0 rg BT 113.03 700.10 Td ( Solutions - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.32 700.10 Td (Our power solutions business provides natural gas fuel-based turnkey solutions for distributed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 688.10 Td (generation and ener) Tj ET Q q 0 0 0 rg BT 164.67 688.10 Td (gy management applications in the range of 300-2000 kW) Tj ET Q q 0 0 0 rg BT 397.20 688.10 Td ( products. ) Tj ET Q q 0 0 0 rg BT 438.95 688.10 Td (The business also serves a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 676.10 Td (global rental account for diesel and gas generator sets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.86 676.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 656.10 Td (This segment continuously explores emer) Tj ET Q q 0 0 0 rg BT 216.45 656.10 Td (ging technologies and provides integrated power generation products using ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 644.10 Td (technologies other than reciprocating engines. ) Tj ET Q q 0 0 0 rg BT 238.92 644.10 Td (W) Tj ET Q q 0 0 0 rg BT 247.56 644.10 Td (e use our own research and development capabilities as well as those of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 632.10 Td (business partnerships to develop cost-ef) Tj ET Q q 0 0 0 rg BT 209.23 632.10 Td (fective and environmentally sound power solutions.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 612.10 Td (Our customer base for our power generation products is highly diversified, with customer groups varying based on their power ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 600.10 Td (needs. India, China, the United Kingdom \(U.K.\), ) Tj ET Q q 0 0 0 rg BT 247.84 600.10 Td (W) Tj ET Q q 0 0 0 rg BT 256.47 600.10 Td (estern Europe, Latin ) Tj ET Q q 0 0 0 rg BT 339.78 600.10 Td (America and the Middle East are our lar) Tj ET Q q 0 0 0 rg BT 500.37 600.10 Td (gest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 588.10 Td (geographic markets outside of North ) Tj ET Q q 0 0 0 rg BT 198.57 588.10 Td (America.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 568.10 Td (Power Generation competes with a variety of engine manufacturers and generator set assemblers across the world. Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 556.10 Td (primary competitors are CA) Tj ET Q q 0 0 0 rg BT 161.36 556.10 Td (T) Tj ET Q q 0 0 0 rg BT 166.72 556.10 Td (, ) Tj ET Q q 0 0 0 rg BT 171.54 556.10 Td (T) Tj ET Q q 0 0 0 rg BT 176.95 556.10 Td (ognum \(MTU\) and Kohler/SDMO \(Kohler Group\), but we also compete with GE Jenbacher) Tj ET Q q 0 0 0 rg BT 545.08 556.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 544.10 Td (FG ) Tj ET Q q 0 0 0 rg BT 65.10 544.10 Td (W) Tj ET Q q 0 0 0 rg BT 74.14 544.10 Td (ilson \(CA) Tj ET Q q 0 0 0 rg BT 112.20 544.10 Td (T) Tj ET Q q 0 0 0 rg BT 118.13 544.10 Td ( group\), Generac, Mitsubishi \(MHI\) and numerous regional generator set assemblers. Our alternators business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 532.10 Td (competes globally with Emerson ElectricCo., Marathon Electric and Meccalte, among others.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 504.10 Td (JOINT) Tj ET Q q 0 0 0 rg BT 80.38 504.10 Td ( ) Tj ET Q q 0 0 0 rg BT 82.70 504.10 Td (VENTURES, ) Tj ET Q q 0 0 0 rg BT 141.61 504.10 Td (ALLIANCES ) Tj ET Q q 0 0 0 rg BT 201.90 504.10 Td (AND NON-WHOLL) Tj ET Q q 0 0 0 rg BT 289.60 504.10 Td (Y) Tj ET Q q 0 0 0 rg BT 295.90 504.10 Td (-OWNED SUBSIDIARIES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 484.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 484.10 Td (e have entered into a number of joint venture agreements and alliances with business partners around the world. Our joint ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 472.10 Td (ventures are either distribution or manufacturing entities. ) Tj ET Q q 0 0 0 rg BT 280.30 472.10 Td (W) Tj ET Q q 0 0 0 rg BT 288.94 472.10 Td (e also own controlling interests in non-wholly-owned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 460.10 Td (manufacturing and distribution subsidiaries. Seven entities, in which we own more than a 50percent equity interest or have a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 448.10 Td (controlling interest, are consolidated in our Distribution segment results as well as several manufacturing joint ventures in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 436.10 Td (other operating segments.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 416.10 Td (In the event of a change of control of either party to certain of these joint ventures and other strategic alliances, certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 404.10 Td (consequences may result including automatic termination and liquidation of the venture, exercise of "put" or "call" rights of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 392.10 Td (ownership by the non-acquired partner) Tj ET Q q 0 0 0 rg BT 204.55 392.10 Td (, termination or transfer of technology license rights to the non-acquired partner and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 380.10 Td (increases in component transfer prices to the acquired partner) Tj ET Q q 0 0 0 rg BT 295.45 380.10 Td (. ) Tj ET Q q 0 0 0 rg BT 300.27 380.10 Td (W) Tj ET Q q 0 0 0 rg BT 308.91 380.10 Td (e will continue to evaluate joint venture and partnership ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 368.10 Td (opportunities in order to penetrate new markets, develop new products and generate manufacturing and operational ef) Tj ET Q q 0 0 0 rg BT 520.76 368.10 Td (ficiencies.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 348.10 Td (Financial information about our investments in joint ventures and alliances is incorporated by reference from Note) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.42 348.10 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.42 348.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 336.10 Td (") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.08 336.10 Td (INVESTMENTS IN EQUITY) Tj ET Q q 0 0 0 rg BT 175.92 336.10 Td ( INVESTEES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.75 336.10 Td (," to the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 265.83 336.10 Td (Consolidated Financial Statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 316.10 Td (Our equity income from these investees was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 59.50 278.60 232.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 278.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 278.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 278.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 278.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 278.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 278.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 278.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 278.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 278.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 278.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 278.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 59.50 248.60 232.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 248.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 248.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 248.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 248.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 248.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 248.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 248.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 248.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 248.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 248.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 248.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 59.50 218.60 232.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 218.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 218.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 218.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 218.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 218.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 218.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 218.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 218.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 218.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 218.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 218.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 59.50 188.60 232.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 188.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 188.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 188.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 188.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 188.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 188.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 188.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 188.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 188.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 188.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 188.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 59.50 158.60 232.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 158.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 158.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 158.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 158.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 158.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 158.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 158.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 158.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 158.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 158.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 158.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 59.50 128.60 232.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 128.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 331.50 128.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 128.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 128.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 128.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 128.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 128.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 128.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 128.60 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 128.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 128.60 40.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 291.6 m 331.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 291.6 m 335.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 291.6 m 375.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 291.6 m 379.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 291.6 m 419.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 291.6 m 423.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 291.6 m 463.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 291.6 m 467.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467.5 291.6 m 507.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 291.6 m 511.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 291.6 m 551.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 291.6 m 331.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 278.6 m 331.5 278.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 331.5 278.6 m 335.5 278.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 278.6 m 375.5 278.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 278.6 m 419.5 278.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 278.6 m 423.5 278.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 278.6 m 463.5 278.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467.5 291.6 m 507.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467.5 278.6 m 507.5 278.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 291.6 m 511.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 278.6 m 511.5 278.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 291.6 m 551.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 278.6 m 551.5 278.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 128.60000000000002 m 331.5 128.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 114.60000000000002 m 331.5 114.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 112.60000000000002 m 331.5 112.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 128.60000000000002 m 375.5 128.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 114.60000000000002 m 375.5 114.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 335.5 112.60000000000002 m 375.5 112.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 128.60000000000002 m 419.5 128.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 114.60000000000002 m 419.5 114.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 112.60000000000002 m 419.5 112.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 128.60000000000002 m 463.5 128.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 114.60000000000002 m 463.5 114.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 112.60000000000002 m 463.5 112.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467.5 128.60000000000002 m 507.5 128.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467.5 114.60000000000002 m 507.5 114.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 467.5 112.60000000000002 m 507.5 112.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 128.60000000000002 m 551.5 128.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 114.60000000000002 m 551.5 114.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 112.60000000000002 m 551.5 112.60000000000002 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 62.00 296.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.95 295.83 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 62.00 282.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 325.00 282.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 413.00 282.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 501.00 282.83 Td (2012) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 62.00 268.28 Td (Distribution Entities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.00 268.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.00 268.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.00 268.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.00 268.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.00 268.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.00 268.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 253.27 Td (North American distributors) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 294.00 253.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 312.65 253.28 Td (107) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.60 253.28 Td (32) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 365.00 253.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.00 253.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.65 253.27 Td (129) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.30 253.27 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.65 253.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.00 253.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 253.27 Td (147) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.30 253.27 Td (42) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 253.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 238.27 Td (Komatsu Cummins Chile, Ltda.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 317.65 238.28 Td (29) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 356.65 238.28 Td (9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 365.00 238.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.65 238.27 Td (25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.30 238.27 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.65 238.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 238.27 Td (26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.30 238.27 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 238.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 223.27 Td (All other distributors) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 322.65 223.28 Td (4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 356.65 223.28 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 365.00 223.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 223.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.30 223.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.65 223.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 223.27 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.30 223.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 223.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 62.00 208.28 Td (Manufacturing Entities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.00 208.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 193.27 Td (Dongfeng Cummins Engine Company,Ltd.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 317.65 193.28 Td (67) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.60 193.28 Td (20) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 365.00 193.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.65 193.27 Td (63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.30 193.27 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.65 193.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 193.27 Td (52) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.30 193.27 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 193.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 178.27 Td (Chongqing Cummins Engine Company,Ltd.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 317.65 178.28 Td (51) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.60 178.28 Td (16) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 365.00 178.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.65 178.27 Td (58) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.30 178.27 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.65 178.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 178.27 Td (61) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.30 178.27 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 178.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 163.27 Td (Beijing Foton Cummins Engine Co.,Ltd. \(Light-duty\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 317.65 163.28 Td (28) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 356.65 163.28 Td (8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 365.00 163.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.65 163.27 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.30 163.27 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.65 163.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 163.27 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.30 163.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 163.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 148.27 Td (Beijing Foton Cummins Engine Co., Ltd. \(Heavy-duty\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 314.30 148.33 Td (\(30) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.65 148.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.30 148.33 Td (\(9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 361.65 148.28 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.30 148.32 Td (\(21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 148.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.95 148.27 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.30 148.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.30 148.32 Td (\(13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.65 148.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.95 148.27 Td (\(4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 148.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 133.27 Td (All other manufacturers) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 317.65 133.28 Td (74) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.60 133.28 Td (23) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 365.00 133.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.65 133.27 Td (53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.30 133.27 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.65 133.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 133.27 Td (65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.30 133.27 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 133.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 118.27 Td (Cummins share of net income) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 187.98 122.80 Td (\(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 294.00 118.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 312.65 118.28 Td (330) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.60 118.28 Td (100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 365.00 118.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.00 118.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.65 118.27 Td (325) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.30 118.27 Td (100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.65 118.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.00 118.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 118.27 Td (347) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.30 118.27 Td (100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 118.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 59.00 103.90 Td (___________________________________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 59.00 94.92 Td (\(1\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.06 91.30 Td ( ) Tj ET Q q 0 0 0 rg BT 66.92 91.30 Td (This total represents our share of net income of our equity investees and is exclusive of royalties and interest income from our equity investees. ) Tj ET Q q 0 0 0 rg BT 527.31 91.30 Td (T) Tj ET Q q 0 0 0 rg BT 531.64 91.30 Td (o see ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 68.00 81.70 Td (how this amount reconciles to "Equity) Tj ET Q q 0 0 0 rg BT 190.06 81.70 Td (, royalty and interest income from investees" in the ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 355.50 81.70 Td (Consolidated Statements of Income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 468.59 81.70 Td (, see Note) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 502.36 81.70 Td (3) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 506.36 81.70 Td (, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 68.00 72.10 Td (") Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 71.27 72.10 Td (INVESTMENTS IN EQUITY) Tj ET Q q 0 0 0 rg BT 168.73 72.10 Td ( INVESTEES) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 213.40 72.10 Td (," to our ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 241.55 72.10 Td (Consolidated Financial Statements.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 21 0 obj <>] /Rotate 0 /Contents 22 0 R>> endobj 22 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (10) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Distribution Entities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 722.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 86.00 722.25 Td (North ) Tj ET Q q 0 0 0 rg BT 112.58 722.25 Td (American Distributors - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.43 722.25 Td (As of December 31, 2014, our distribution channel in North ) Tj ET Q q 0 0 0 rg BT 455.05 722.25 Td (America included) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.41 722.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.91 722.25 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.90 722.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 710.25 Td (unconsolidated partially-owned distributors. Our equity interests in these nonconsolidated entities ranged from) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.68 710.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.18 710.25 Td (49 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 698.25 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.42 698.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.20 698.25 Td (50 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.13 698.25 Td (. ) Tj ET Q q 0 0 0 rg BT 174.95 698.25 Td (W) Tj ET Q q 0 0 0 rg BT 183.58 698.25 Td (e also had more than a) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.27 698.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.77 698.25 Td (50 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.69 698.25 Td ( ownership interest in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.57 698.25 Td (two) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.57 698.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.07 698.25 Td (partially owned distributors which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 686.25 Td (we consolidate. ) Tj ET Q q 0 0 0 rg BT 150.52 686.25 Td (While each distributor is a separate legal entity) Tj ET Q q 0 0 0 rg BT 337.86 686.25 Td (, the business of each is substantially the same as that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 674.25 Td (of our wholly-owned distributors based in other parts of the world. ) Tj ET Q q 0 0 0 rg BT 354.84 674.25 Td (All of our distributors, irrespective of their legal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 662.25 Td (structure or ownership, of) Tj ET Q q 0 0 0 rg BT 189.13 662.25 Td (fer the full range of our products and services to customers and end-users in their respective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 650.25 Td (markets.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 632.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 86.00 632.25 Td (Komatsu Cummins Chile, Ltda. - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.64 632.25 Td (Komatsu Cummins Chile, Ltda. is a joint venture with Komatsu ) Tj ET Q q 0 0 0 rg BT 482.40 632.25 Td (America ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 620.25 Td (Corporation. ) Tj ET Q q 0 0 0 rg BT 139.14 620.25 Td (The joint venture is a distributor that of) Tj ET Q q 0 0 0 rg BT 296.43 620.25 Td (fers the full range of our products and services to customers and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 608.25 Td (end-users in the Chilean and Peruvian markets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.56 608.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 588.25 Td (Our distribution agreements with independent and partially-owned distributors generally have a renewable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.25 588.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.75 588.25 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.74 588.25 Td (-year term and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 576.25 Td (are restricted to specified territories.Our distributors develop and maintain a network of dealers with which we have no direct ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 564.25 Td (relationship. Our distributors are permitted to sell other) Tj ET Q q 0 0 0 rg BT 270.66 564.25 Td (, noncompetitive products only with our consent. ) Tj ET Q q 0 0 0 rg BT 469.06 564.25 Td (W) Tj ET Q q 0 0 0 rg BT 477.70 564.25 Td (e license all of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 552.25 Td (distributors to use our name and logo in connection with the sale and service of our products, with no right to assign or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 540.25 Td (sublicense the trademarks, except to authorized dealers, without our consent. Products are sold to the distributors at standard ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 528.25 Td (domestic or international distributor net prices, as applicable. Net prices are wholesale prices we establish to permit our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 516.25 Td (distributors an adequate mar) Tj ET Q q 0 0 0 rg BT 163.39 516.25 Td (gin on their sales.Subject to local laws, we can generally refuse to renew these agreements upon ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 504.25 Td (expiration or terminate them upon written notice for inadequate sales, change in principal ownership and certain other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 492.25 Td (reasons.Distributors also have the right to terminate the agreements upon) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.64 492.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.14 492.25 Td (60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.14 492.25 Td (-day notice without cause, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.44 492.25 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.44 492.25 Td (-day notice for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 480.25 Td (cause.Upon termination or failure to renew) Tj ET Q q 0 0 0 rg BT 224.01 480.25 Td (, we are required to purchase the distributor) Tj ET Q q 0 0 0 rg BT 398.76 480.25 Td () Tj ET Q q 0 0 0 rg BT 401.54 480.25 Td (s current inventory) Tj ET Q q 0 0 0 rg BT 476.42 480.25 Td (, signage and special ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 468.25 Td (tools and may) Tj ET Q q 0 0 0 rg BT 105.45 468.25 Td (, at our option purchase other assets of the distributor) Tj ET Q q 0 0 0 rg BT 317.78 468.25 Td (, but are under no obligation to do so.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 448.25 Td (See further discussion of our distribution network under the Distribution segment section above.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 428.25 Td (Manufacturing Entities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 408.25 Td (Our manufacturing joint ventures have generally been formed with customers and generally are intended to allow us to increase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 396.25 Td (our market penetration in geographic regions, reduce capital spending, streamline our supply chain management and develop ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 384.25 Td (technologies. Our lar) Tj ET Q q 0 0 0 rg BT 133.96 384.25 Td (gest manufacturing joint ventures are based in China and are included in the list below) Tj ET Q q 0 0 0 rg BT 479.32 384.25 Td (. Our engine ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 372.25 Td (manufacturing joint ventures are supplied by our Components segment in the same manner as it supplies our wholly-owned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 360.25 Td (Engine segment and Power Generation segment manufacturing facilities. Our Components segment joint ventures and wholly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 348.25 Td (owned entities provide fuel systems, filtration, aftertreatment systems and turbochar) Tj ET Q q 0 0 0 rg BT 386.11 348.25 Td (ger products that are used in our engines as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 336.25 Td (well as some competitors' products. ) Tj ET Q q 0 0 0 rg BT 194.93 336.25 Td (The results and investments in our joint ventures in which we have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.87 336.25 Td (50 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.79 336.25 Td ( or less ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 324.25 Td (ownership interest are included in Equity) Tj ET Q q 0 0 0 rg BT 218.47 324.25 Td (, royalty and interest income from investees and Investments and advances related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 312.25 Td (to equity method investees in our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 189.97 312.25 Td (Consolidated Statements of Income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.34 312.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.84 312.25 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.28 312.25 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 350.78 312.25 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.42 312.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 520.08 312.25 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 522.58 312.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 292.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 86.00 292.25 Td (Chongqing Cummins Engine Company) Tj ET Q q 0 0 0 rg BT 248.74 292.25 Td (, Ltd. - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.46 292.25 Td (Chongqing Cummins Engine Company) Tj ET Q q 0 0 0 rg BT 435.86 292.25 Td (, Ltd. \(CCEC\) is a joint venture ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 280.25 Td (in China with Chongqing Machinery and Electric Co. Ltd. ) Tj ET Q q 0 0 0 rg BT 321.61 280.25 Td (This joint venture manufactures several models of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 268.25 Td (heavy-duty and high-horsepower diesel engines, primarily serving the industrial and stationary power markets in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 256.25 Td (China.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 112.39 256.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 238.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 86.00 238.25 Td (Dongfeng Cummins Engine Company) Tj ET Q q 0 0 0 rg BT 243.72 238.25 Td (, Ltd. - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.44 238.25 Td (Dongfeng Cummins Engine Company) Tj ET Q q 0 0 0 rg BT 426.39 238.25 Td (, Ltd. \(DCEC\) is a joint venture ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 226.25 Td (in China with Dongfeng ) Tj ET Q q 0 0 0 rg BT 184.88 226.25 Td (Automotive Co. Ltd., a subsidiary of Dongfeng Motor Corporation \(Dongfeng\), one of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 214.25 Td (lar) Tj ET Q q 0 0 0 rg BT 96.37 214.25 Td (gest medium-duty and heavy-duty truck manufacturers in China. DCEC produces Cummins ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.85 214.25 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.85 214.25 Td (- to) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.46 214.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.96 214.25 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.96 214.25 Td (-liter ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 202.25 Td (mechanical engines, full-electric diesel engines, with a power range from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.43 202.25 Td (125) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.43 202.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.93 202.25 Td (to) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.71 202.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.21 202.25 Td (545) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.21 202.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.71 202.25 Td (horsepower) Tj ET Q q 0 0 0 rg BT 472.96 202.25 Td (, and natural gas ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 190.25 Td (engines.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.05 190.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 172.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 86.00 172.25 Td (Beijing Foton Cummins Engine Co., Ltd. - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.93 172.25 Td (Beijing Foton Cummins Engine Co., Ltd. is a joint venture in China with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 160.25 Td (Beiqi Foton Motor Co., Ltd., a commercial vehicle manufacturer) Tj ET Q q 0 0 0 rg BT 344.97 160.25 Td (, which consists of two distinct lines of business, a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 148.25 Td (light-duty business and a heavy-duty business. ) Tj ET Q q 0 0 0 rg BT 274.41 148.25 Td (The light-duty business produces ISF) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.84 148.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.34 148.25 Td (2.8 liter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.45 148.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.95 148.25 Td (and ISF) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.34 148.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.84 148.25 Td (3.8 liter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.94 148.25 Td ( families ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 136.25 Td (of our high performance light-duty diesel engines in Beijing. ) Tj ET Q q 0 0 0 rg BT 331.32 136.25 Td (These engines are used in light-duty commercial trucks, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 124.25 Td (pickup trucks, buses, multipurpose and sport utility vehicles with main markets in China, Brazil and Russia. Certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 112.25 Td (types of marine, small construction equipment and industrial applications are also served by these engine families. ) Tj ET Q q 0 0 0 rg BT 545.69 112.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 100.25 Td (heavy-duty business has been in the development stage for the past several years but started production of ISG ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.88 100.25 Td (10.5 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 88.25 Td (liter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.10 88.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.60 88.25 Td (and ISG) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.66 88.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.16 88.25 Td (1) Tj ET Q q 0 0 0 rg BT 144.78 88.25 Td (1.8 liter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.89 88.25 Td ( families of our high performance heavy-duty diesel engines in the second quarter of 2014 in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 76.25 Td (Beijing. ) Tj ET Q q 0 0 0 rg BT 120.26 76.25 Td (These engines are used in heavy-duty commercial trucks in China and will be used in world wide markets. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 64.25 Td (Certain types of construction equipment and industrial applications will also be served by these engine families in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 52.25 Td (future.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.38 52.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 23 0 obj <>] /Rotate 0 /Contents 24 0 R>> endobj 24 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.15 31.60 Td (1) Tj ET Q q 0 0 0 rg BT 305.78 31.60 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Non-Wholly-Owned Subsidiary) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 722.25 Td (e have a controlling interest in Cummins IndiaLtd. \(CIL\), which is a publicly listed company on various stock exchanges in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (India. CIL) Tj ET Q q 0 0 0 rg BT 91.28 710.25 Td ( produces mid-range, heavy-duty and high-horsepower engines, generators for the Indian and export markets and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (natural gas spark-ignited engines for power generation, automotive and industrial applications. CIL) Tj ET Q q 0 0 0 rg BT 447.02 698.25 Td ( also has distribution and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 686.25 Td (power generation operations.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (SUPPL) Tj ET Q q 0 0 0 rg BT 80.75 658.25 Td (Y) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 638.25 Td (The performance of the end-to-end supply chain, extending through to our suppliers, is foundational to our ability to meet ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.25 Td (customers' expectations and support long-term growth. ) Tj ET Q q 0 0 0 rg BT 271.85 626.25 Td (W) Tj ET Q q 0 0 0 rg BT 280.49 626.25 Td (e are committed to having a robust strategy for how we select and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 614.25 Td (manage our suppliers to enable a market focused supply chain. ) Tj ET Q q 0 0 0 rg BT 303.35 614.25 Td (This requires us to continuously evaluate and upgrade our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 602.25 Td (supply base, as necessary) Tj ET Q q 0 0 0 rg BT 150.99 602.25 Td (, to ensure we are meeting the needs of our customers.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 582.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 582.25 Td (e have a strategic sourcing policy that guides decisions on what we make internally) Tj ET Q q 0 0 0 rg BT 390.94 582.25 Td (, what we purchase externally and when ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 570.25 Td (we establish supplier partnerships to provide the lowest total cost and highest supply chain performance. ) Tj ET Q q 0 0 0 rg BT 470.27 570.25 Td (W) Tj ET Q q 0 0 0 rg BT 478.91 570.25 Td (e design and/or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 558.25 Td (manufacture our strategic components used in or with our engines and power generation units, including cylinder blocks and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 546.25 Td (heads, turbochar) Tj ET Q q 0 0 0 rg BT 115.90 546.25 Td (gers, connecting rods, camshafts, crankshafts, filters, alternators, electronic and emissions controls, and fuel ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 534.25 Td (systems. ) Tj ET Q q 0 0 0 rg BT 86.49 534.25 Td (W) Tj ET Q q 0 0 0 rg BT 95.13 534.25 Td (e source externally purchased material and manufactured components from leading global suppliers. Many key ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 522.25 Td (suppliers are managed through long-term supply agreements that assure capacity) Tj ET Q q 0 0 0 rg BT 372.30 522.25 Td (, delivery) Tj ET Q q 0 0 0 rg BT 409.41 522.25 Td (, quality and cost requirements are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 510.25 Td (met over an extended period. ) Tj ET Q q 0 0 0 rg BT 168.29 510.25 Td (Approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.33 510.25 Td (55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.33 510.25 Td ( percent of the direct material in our product designs are single sourced to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 498.25 Td (external suppliers. ) Tj ET Q q 0 0 0 rg BT 125.26 498.25 Td (Although we have elected to source a relatively high proportion of our total raw materials and components ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 486.25 Td (from single suppliers, we have an established sourcing strategy and supplier management process to evaluate and mitigate risk. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 474.25 Td (These processes are leading us to determine our need for dual sourcing and increase our use of dual and parallel sources to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 462.25 Td (minimize risk and increase supply chain responsiveness. Our current tar) Tj ET Q q 0 0 0 rg BT 337.51 462.25 Td (get for dual and parallel sourcing is approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.89 462.25 Td (64 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 450.25 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.42 450.25 Td ( of our direct material spend. ) Tj ET Q q 0 0 0 rg BT 196.88 450.25 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.33 450.25 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.91 450.25 Td (, we have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.45 450.25 Td (45 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.37 450.25 Td ( of direct material spend with dual or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 438.25 Td (parallel sources or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.80 438.25 Td (72 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.72 438.25 Td ( of the tar) Tj ET Q q 0 0 0 rg BT 206.14 438.25 Td (get.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.25 Td (Other important elements of our sourcing strategy include:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 398.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 398.25 Td (working with suppliers to measure and improve their environmental footprint;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 380.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 380.25 Td (selecting and managing suppliers to comply with our supplier code of conduct; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 362.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 362.25 Td (assuring our suppliers comply with Cummins' prohibited and restricted materials policy) Tj ET Q q 0 0 0 rg BT 435.98 362.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 342.25 Td (P) Tj ET Q q 0 0 0 rg BT 55.37 342.25 Td (A) Tj ET Q q 0 0 0 rg BT 61.85 342.25 Td (TENTS ) Tj ET Q q 0 0 0 rg BT 96.59 342.25 Td (AND ) Tj ET Q q 0 0 0 rg BT 120.57 342.25 Td (TRADEMARKS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 322.25 Td (e own or control a significant number of patents and trademarks relating to the products we manufacture. ) Tj ET Q q 0 0 0 rg BT 481.09 322.25 Td (These patents and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.25 Td (trademarks were granted and registered over a period of years. ) Tj ET Q q 0 0 0 rg BT 301.83 310.25 Td (Although these patents and trademarks are generally considered ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.25 Td (beneficial to our operations, we do not believe any patent, group of patents, or trademark \(other than our leading brand house ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.25 Td (trademarks\) is significant to our business.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 258.25 Td (SEASONALITY) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td (While individual product lines may experience modest seasonal variation in production, there is no material ef) Tj ET Q q 0 0 0 rg BT 491.35 238.25 Td (fect on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.25 Td (demand for the majority of our products on a quarterly basis with the exception that our Power Generation segment normally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.25 Td (experiences seasonal declines in the first quarter due to general declines in construction spending during this period and our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.25 Td (Distribution segment normally experiences seasonal declines in its first quarter business activity due to holiday periods in ) Tj ET Q q 0 0 0 rg BT 538.51 202.25 Td (Asia ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.25 Td (and ) Tj ET Q q 0 0 0 rg BT 66.39 190.25 Td (Australia.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 25 0 obj <>] /Rotate 0 /Contents 26 0 R>> endobj 26 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (12) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (LARGEST) Tj ET Q q 0 0 0 rg BT 97.61 742.25 Td ( CUST) Tj ET Q q 0 0 0 rg BT 126.61 742.25 Td (OMERS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 722.25 Td (e have thousands of customers around the world and have developed long-standing business relationships with many of them. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (P) Tj ET Q q 0 0 0 rg BT 54.64 710.25 Td (ACCAR is our lar) Tj ET Q q 0 0 0 rg BT 126.96 710.25 Td (gest customer) Tj ET Q q 0 0 0 rg BT 181.83 710.25 Td (, accounting for approximately 14 percent of our consolidated net sales in 2014, compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (approximately 12 percent in 2013 and 13 percent in 2012. ) Tj ET Q q 0 0 0 rg BT 283.92 698.25 Td (W) Tj ET Q q 0 0 0 rg BT 292.56 698.25 Td (e have long-term supply agreements with P) Tj ET Q q 0 0 0 rg BT 464.93 698.25 Td (ACCAR for our heavy-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 686.25 Td (duty ISX 15 liter and ISX 1) Tj ET Q q 0 0 0 rg BT 160.18 686.25 Td (1.9 liter engines and our ISL) Tj ET Q q 0 0 0 rg BT 274.22 686.25 Td ( 9 liter mid-range engine. ) Tj ET Q q 0 0 0 rg BT 377.90 686.25 Td (While a significant number of our sales to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 674.25 Td (P) Tj ET Q q 0 0 0 rg BT 54.64 674.25 Td (ACCAR are under long-term supply agreements, these agreements provide for particular engine requirements for specific ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 662.25 Td (vehicle models and not a specific volume of engines. P) Tj ET Q q 0 0 0 rg BT 269.02 662.25 Td (ACCAR is our only customer accounting for more than 10 percent of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 650.25 Td (our net sales in 2014. ) Tj ET Q q 0 0 0 rg BT 137.58 650.25 Td (The loss of this customer or a significant decline in the production level of P) Tj ET Q q 0 0 0 rg BT 442.71 650.25 Td (ACCAR vehicles that use our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 638.25 Td (engines would have an adverse ef) Tj ET Q q 0 0 0 rg BT 184.49 638.25 Td (fect on our results of operations and financial condition. ) Tj ET Q q 0 0 0 rg BT 410.91 638.25 Td (W) Tj ET Q q 0 0 0 rg BT 419.55 638.25 Td (e have been an engine supplier to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.25 Td (P) Tj ET Q q 0 0 0 rg BT 54.64 626.25 Td (ACCAR for over 70 years. ) Tj ET Q q 0 0 0 rg BT 164.07 626.25 Td (A) Tj ET Q q 0 0 0 rg BT 170.74 626.25 Td ( summary of principal customers for each operating segment is included in our segment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 614.25 Td (discussion.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 594.25 Td (In addition to our agreement with P) Tj ET Q q 0 0 0 rg BT 191.27 594.25 Td (ACCAR, we have long-term heavy-duty engine supply agreements with Navistar) Tj ET Q q 0 0 0 rg BT 515.80 594.25 Td (, ) Tj ET Q q 0 0 0 rg BT 520.62 594.25 Td (V) Tj ET Q q 0 0 0 rg BT 526.55 594.25 Td (olvo ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 582.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.76 582.25 Td (rucks North ) Tj ET Q q 0 0 0 rg BT 105.20 582.25 Td (America and Daimler ) Tj ET Q q 0 0 0 rg BT 194.14 582.25 Td (T) Tj ET Q q 0 0 0 rg BT 199.90 582.25 Td (rucks North ) Tj ET Q q 0 0 0 rg BT 249.34 582.25 Td (America and long-term mid-range supply agreements with Daimler ) Tj ET Q q 0 0 0 rg BT 521.29 582.25 Td (T) Tj ET Q q 0 0 0 rg BT 527.05 582.25 Td (rucks ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 570.25 Td (North ) Tj ET Q q 0 0 0 rg BT 75.28 570.25 Td (America, Navistar) Tj ET Q q 0 0 0 rg BT 148.18 570.25 Td (, Ford and MAN. ) Tj ET Q q 0 0 0 rg BT 219.66 570.25 Td (W) Tj ET Q q 0 0 0 rg BT 228.30 570.25 Td (e also have an agreement with Chrysler to supply engines for its Ram trucks. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 558.25 Td (our of) Tj ET Q q 0 0 0 rg BT 73.98 558.25 Td (f-highway markets, we have various engine and component supply agreements across our mid-range and high-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 546.25 Td (horsepower businesses with Komatsu Ltd., as well as various joint ventures and other license agreements in our Engine, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 534.25 Td (Component and Distribution segments.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.66 534.25 Td ( Collectively) Tj ET Q q 0 0 0 rg BT 257.38 534.25 Td (, our net sales to these eight customers, including P) Tj ET Q q 0 0 0 rg BT 461.15 534.25 Td (ACCAR, were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 522.25 Td (approximately 37 percent of our consolidated net sales in 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.32 522.25 Td (, compared to approximately 36 percent in 2013 and 35 percent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 510.25 Td (in 2012.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.78 510.25 Td ( Excluding P) Tj ET Q q 0 0 0 rg BT 133.53 510.25 Td (ACCAR, net sales to any single customer were less than 8 percent of our consolidated net sales in 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.60 510.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 498.25 Td (compared to less than 7 percent in 2013 and less than 8 percent in 2012.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.98 498.25 Td ( ) Tj ET Q q 0 0 0 rg BT 340.30 498.25 Td (These agreements contain standard purchase and sale ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 486.25 Td (agreement terms covering engine and engine parts pricing, quality and delivery commitments, as well as engineering product ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 474.25 Td (support obligations. ) Tj ET Q q 0 0 0 rg BT 131.76 474.25 Td (The basic nature of our agreements with OEM customers is that they are long-term price and operations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 462.25 Td (agreements that help assure the availability of our products to each customer through the duration of the respective agreements. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 450.25 Td (Agreements with most OEMscontain bilateral termination provisions giving either party the right to terminate in the event of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 438.25 Td (material breach, change of control or insolvency or bankruptcy of the other party) Tj ET Q q 0 0 0 rg BT 372.84 438.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.34 438.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 410.25 Td (BACKLOG) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 390.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 390.25 Td (e have supply agreements with some truck and of) Tj ET Q q 0 0 0 rg BT 256.18 390.25 Td (f-highway equipment OEMs, however most of our business is transacted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 378.25 Td (through open purchase orders. ) Tj ET Q q 0 0 0 rg BT 173.39 378.25 Td (These open orders are historically subject to month-to-month releases and are subject to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 366.25 Td (cancellation on reasonable notice without cancellation char) Tj ET Q q 0 0 0 rg BT 286.38 366.25 Td (ges and therefore are not considered firm. ) Tj ET Q q 0 0 0 rg BT 455.20 366.25 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.64 366.25 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.23 366.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 354.25 Td (we did not have any significant backlogs.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 326.25 Td (RESEARCH ) Tj ET Q q 0 0 0 rg BT 107.51 326.25 Td (AND DEVELOPMENT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 306.25 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.83 306.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.83 306.25 Td (, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.99 306.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.74 306.25 Td (d our research, development and engineering expenses as we continued to invest in future critical ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 294.25 Td (technologies and products. ) Tj ET Q q 0 0 0 rg BT 159.24 294.25 Td (W) Tj ET Q q 0 0 0 rg BT 167.88 294.25 Td (e will continue to make investments to improve our current technologies, continue to meet the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 282.25 Td (future emission requirements around the world and improve fuel economy) Tj ET Q q 0 0 0 rg BT 346.77 282.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.25 Td (Our research and development program is focused on product improvements, innovations and cost reductions for our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.25 Td (customers. Research and development expenditures include salaries, contractor fees, building costs, utilities, administrative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td (expenses and allocation of corporate costs and are expensed, net of contract reimbursements, when incurred. From time to time, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.25 Td (we enter into agreements with customers to fund a portion of the research and development costs of a particular project. ) Tj ET Q q 0 0 0 rg BT 531.60 226.25 Td (W) Tj ET Q q 0 0 0 rg BT 540.23 226.25 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.25 Td (generally account for these reimbursements as an of) Tj ET Q q 0 0 0 rg BT 257.79 214.25 Td (fset to the related research and development expenditure. Research and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.25 Td (development expenses, net of contract reimbursements, were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.30 202.25 Td ($737 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.69 202.25 Td ( in 2014,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.97 202.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.47 202.25 Td ($700 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.86 202.25 Td ( in 2013 and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.08 202.25 Td ($721 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.47 202.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.25 Td (2012.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 190.25 Td ( Contract reimbursements were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.23 190.25 Td ($121 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.63 190.25 Td ( in 2014,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.90 190.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.40 190.25 Td ($76 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.80 190.25 Td ( in 2013 and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.01 190.25 Td ($86 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.40 190.25 Td ( in 2012.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.68 190.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 170.25 Td (For 2013 and 2012, approximately $15 million and $101million, or 2 percent and 14percent, respectively) Tj ET Q q 0 0 0 rg BT 475.09 170.25 Td (, of our research and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 158.25 Td (development expenditures were directly related to compliance with 2013 EP) Tj ET Q q 0 0 0 rg BT 354.81 158.25 Td (A) Tj ET Q q 0 0 0 rg BT 361.48 158.25 Td ( emission standards. For 2014 and 2013, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 146.25 Td (approximately $60 million and $32 million, or 8 percent and 5 percent, respectively) Tj ET Q q 0 0 0 rg BT 384.26 146.25 Td (, of our research and development ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 134.25 Td (expenditures were directly related to compliance with 2017 EP) Tj ET Q q 0 0 0 rg BT 300.66 134.25 Td (A) Tj ET Q q 0 0 0 rg BT 307.33 134.25 Td ( emission standards.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 106.25 Td (ENVIRONMENT) Tj ET Q q 0 0 0 rg BT 126.48 106.25 Td (AL) Tj ET Q q 0 0 0 rg BT 139.82 106.25 Td ( SUST) Tj ET Q q 0 0 0 rg BT 166.60 106.25 Td (AINABILITY) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 86.25 Td (Cummins adopted its first-ever comprehensive environmental sustainability plan in 2014 that builds on the many years of good ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 74.25 Td (work already done to positively impact the environment through the products we make, the use of our facilities, management of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 62.25 Td (our supply chain and improvement of the communities where we live and work. ) Tj ET Q q 0 0 0 rg BT 372.51 62.25 Td (W) Tj ET Q q 0 0 0 rg BT 381.15 62.25 Td (e examined our entire environmental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 50.25 Td (footprint, focusing on the key areas of water) Tj ET Q q 0 0 0 rg BT 226.76 50.25 Td (, waste, ener) Tj ET Q q 0 0 0 rg BT 276.56 50.25 Td (gy and greenhouse gases. ) Tj ET Q q 0 0 0 rg BT 380.51 50.25 Td (W) Tj ET Q q 0 0 0 rg BT 389.15 50.25 Td (e then identified the top four ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 27 0 obj <>] /Rotate 0 /Contents 28 0 R>> endobj 28 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (environmental sustainability priorities of products in-use, materials and fuel ef) Tj ET Q q 0 0 0 rg BT 363.62 742.10 Td (ficiency) Tj ET Q q 0 0 0 rg BT 395.18 742.10 Td (, transportation and facilities and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (operations. ) Tj ET Q q 0 0 0 rg BT 96.47 730.10 Td (W) Tj ET Q q 0 0 0 rg BT 105.11 730.10 Td (e set initial goals in our facilities, where we have the most data, influence and experience. ) Tj ET Q q 0 0 0 rg BT 466.18 730.10 Td (Those goals are to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (reduce ener) Tj ET Q q 0 0 0 rg BT 96.17 718.10 Td (gy use and greenhouse gas emissions by 25% and 27%, respectively) Tj ET Q q 0 0 0 rg BT 368.52 718.10 Td (, by 2015 against a 2005 baseline and adjusted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (for sales; reduce direct water use by 33% adjusted for hours worked and achieve water neutrality at 15 sites by 2020; and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (increase our recycling rate from 88% to 95% and achieve zero disposal at 30 sites by 2020. ) Tj ET Q q 0 0 0 rg BT 416.92 694.10 Td (W) Tj ET Q q 0 0 0 rg BT 425.56 694.10 Td (e continue to invest significantly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (in our products to further reduce emissions and increase ef) Tj ET Q q 0 0 0 rg BT 283.91 682.10 Td (ficiency) Tj ET Q q 0 0 0 rg BT 315.46 682.10 Td (. ) Tj ET Q q 0 0 0 rg BT 320.28 682.10 Td (W) Tj ET Q q 0 0 0 rg BT 328.92 682.10 Td (e endeavor to work collaboratively with customers to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (improve their fuel ef) Tj ET Q q 0 0 0 rg BT 132.29 670.10 Td (ficiency) Tj ET Q q 0 0 0 rg BT 163.84 670.10 Td (, reduce their carbon footprints and conserve other resources. Our next ef) Tj ET Q q 0 0 0 rg BT 456.04 670.10 Td (forts will be specifically ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (focused on products, both in design and in use, as well as on how we use the best mode and method of transportation to reduce ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (emissions in moving goods throughout the Cummins network.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (Over the past four years, we believe that we have reduced company-wide water usage intensity by approximately 30 percent, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (U.S.-wide process-derived hazardous waste generation by approximately 41 percent and company-wide disposal waste by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (approximately 28 percent, all normalized to total work hours. ) Tj ET Q q 0 0 0 rg BT 297.43 598.10 Td (As part of the U.S. Department of Ener) Tj ET Q q 0 0 0 rg BT 454.15 598.10 Td (gy's Better Buildings, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (Better Plants program, we have pledged to achieve a 25 percent ener) Tj ET Q q 0 0 0 rg BT 324.15 586.10 Td (gy intensity \(ener) Tj ET Q q 0 0 0 rg BT 393.95 586.10 Td (gy use adjusted for sales\) reduction by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (2015; at the end of 2013, we had achieved a 33 percent reduction. ) Tj ET Q q 0 0 0 rg BT 315.56 574.10 Td (W) Tj ET Q q 0 0 0 rg BT 324.19 574.10 Td (e also have articulated our positions on key public policy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (issues and on a wide range of environmental issues. ) Tj ET Q q 0 0 0 rg BT 259.21 562.10 Td (W) Tj ET Q q 0 0 0 rg BT 267.85 562.10 Td (e are actively engaged with regulatory) Tj ET Q q 0 0 0 rg BT 420.19 562.10 Td (, industry and other stakeholder ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (groups around the world as greenhouse gas and fuel ef) Tj ET Q q 0 0 0 rg BT 267.81 550.10 Td (ficiency standards become more prevalent globally) Tj ET Q q 0 0 0 rg BT 471.25 550.10 Td (. For the ninth ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (consecutive year) Tj ET Q q 0 0 0 rg BT 116.51 538.10 Td (, we were named to the Dow Jones North ) Tj ET Q q 0 0 0 rg BT 283.69 538.10 Td (American Sustainability Index and as well as a Natural Capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (Decoupling Leader by Green Biz Group and ) Tj ET Q q 0 0 0 rg BT 234.47 526.10 Td (T) Tj ET Q q 0 0 0 rg BT 240.23 526.10 Td (rucost for reductions in environmental footprint amid company growth. Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (Sustainability Report for 2013/2014 and prior reports as well as an addendum of more detailed environmental data is available ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (on our website at ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0.0196078431372549 0.38823529411764707 0.7568627450980392 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 121.09375 500.7669921875 m 200.9912109375 500.7669921875 l s q 0.0196078431372549 0.38823529411764707 0.7568627450980392 rg BT 121.09 502.10 Td (www) Tj ET Q q 0.0196078431372549 0.38823529411764707 0.7568627450980392 rg BT 142.11 502.10 Td (.cummins.com) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 200.99 502.10 Td (, although such report and addendum are not incorporated into this Form 10-K.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 470.10 Td (ENVIRONMENT) Tj ET Q q 0 0 0 rg BT 126.48 470.10 Td (AL) Tj ET Q q 0 0 0 rg BT 139.82 470.10 Td ( COMPLIANCE) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 450.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 60.37 450.10 Td (oduct Envir) Tj ET Q q 0 0 0 rg BT 111.03 450.10 Td (onmental Compliance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (Our engines are subject to extensive statutory and regulatory requirements that directly or indirectly impose standards ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (governing emission and noise. ) Tj ET Q q 0 0 0 rg BT 173.97 418.10 Td (W) Tj ET Q q 0 0 0 rg BT 182.61 418.10 Td (e have substantially increased our global environmental compliance presence and expertise to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (better prepare for) Tj ET Q q 0 0 0 rg BT 119.00 406.10 Td (, understand and ultimately meet emer) Tj ET Q q 0 0 0 rg BT 272.10 406.10 Td (ging product environmental regulations around the world. Our products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (comply with current emission standards that the European Union \(EU\), EP) Tj ET Q q 0 0 0 rg BT 348.18 394.10 Td (A, the California ) Tj ET Q q 0 0 0 rg BT 417.61 394.10 Td (Air Resources Board \(CARB\) and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (other state and international regulatory agencies have established for heavy-duty on-highway diesel and gas engines and of) Tj ET Q q 0 0 0 rg BT 541.32 382.10 Td (f-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (highway engines. Our ability to comply with these and future emission standards is an essential element in maintaining our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (leadership position in regulated markets. ) Tj ET Q q 0 0 0 rg BT 214.78 358.10 Td (W) Tj ET Q q 0 0 0 rg BT 223.41 358.10 Td (e have made, and will continue to make, significant capital and research ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (expenditures to comply with these standards. Our failure to comply with these standards could result in adverse ef) Tj ET Q q 0 0 0 rg BT 505.81 346.10 Td (fects on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (future financial results.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 314.10 Td (EU and EP) Tj ET Q q 0 0 0 rg BT 97.05 314.10 Td (A) Tj ET Q q 0 0 0 rg BT 103.72 314.10 Td ( Engine Certifications) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 294.10 Td (The current on-highway emission standards came into ef) Tj ET Q q 0 0 0 rg BT 276.69 294.10 Td (fect in the European Union \(EU\) on January1, 2013 \(Euro) Tj ET Q q 0 0 0 rg BT 513.67 294.10 Td (VI\)and on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 282.10 Td (January1, 2010 for the EP) Tj ET Q q 0 0 0 rg BT 155.73 282.10 Td (A. ) Tj ET Q q 0 0 0 rg BT 167.77 282.10 Td (T) Tj ET Q q 0 0 0 rg BT 173.18 282.10 Td (o meet the more stringent heavy-duty on-highway emission standards, we used an evolution of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 270.10 Td (our proven selective catalytic reduction \(SCR\) and exhaust gas recirculation \(EGR\) technology solutions and refined them for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 258.10 Td (the EU and EP) Tj ET Q q 0 0 0 rg BT 108.24 258.10 Td (A) Tj ET Q q 0 0 0 rg BT 114.91 258.10 Td ( certified engines to maintain power and torque with substantial fuel economy improvement and maintenance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 246.10 Td (intervals comparable with our previous compliant engines. ) Tj ET Q q 0 0 0 rg BT 286.98 246.10 Td (W) Tj ET Q q 0 0 0 rg BT 295.62 246.10 Td (e of) Tj ET Q q 0 0 0 rg BT 310.70 246.10 Td (fer a complete lineup of on-highway engines to meet the near) Tj ET Q q 0 0 0 rg BT 555.97 246.10 Td (-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 234.10 Td (zero emission standards. Mid-range and heavy-duty engines for EU and EP) Tj ET Q q 0 0 0 rg BT 350.39 234.10 Td (A) Tj ET Q q 0 0 0 rg BT 357.06 234.10 Td ( require NOx aftertreatment. NOx reduction is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 222.10 Td (achieved by an integrated technology solution comprised of the XPI High Pressure Common Rail fuel system, SCR technology) Tj ET Q q 0 0 0 rg BT 558.71 222.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 210.10 Td (next-generation cooled EGR, advanced electronic controls, proven air handling and the Cummins Diesel Particulate Filter ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 198.10 Td (\(DPF\). ) Tj ET Q q 0 0 0 rg BT 79.82 198.10 Td (The EU, EP) Tj ET Q q 0 0 0 rg BT 126.95 198.10 Td (A, and CARB have certified that our engines meet the current emission requirements. Emission standards in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 186.10 Td (international markets, including Japan, Mexico, ) Tj ET Q q 0 0 0 rg BT 242.73 186.10 Td (Australia, Brazil, Russia, India and China are becoming more stringent. ) Tj ET Q q 0 0 0 rg BT 531.36 186.10 Td (W) Tj ET Q q 0 0 0 rg BT 540.00 186.10 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 174.10 Td (believe that our experience in meeting the EU and EP) Tj ET Q q 0 0 0 rg BT 263.73 174.10 Td (A) Tj ET Q q 0 0 0 rg BT 270.40 174.10 Td ( emission standards leaves us well positioned to take advantage of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 162.10 Td (opportunities in these markets as the need for emission control capability grows.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 142.10 Td (e received certification from the EP) Tj ET Q q 0 0 0 rg BT 200.15 142.10 Td (A) Tj ET Q q 0 0 0 rg BT 206.82 142.10 Td ( that we met both the EP) Tj ET Q q 0 0 0 rg BT 304.22 142.10 Td (A) Tj ET Q q 0 0 0 rg BT 310.89 142.10 Td ( 2013 and 2014 greenhouse gas \(GHG\) regulations and rules. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.10 Td (The EP) Tj ET Q q 0 0 0 rg BT 78.80 130.10 Td (A) Tj ET Q q 0 0 0 rg BT 85.47 130.10 Td ( 2013 regulations add the requirement of On-Board Diagnostics, which were introduced on the ISX15 in 2010, across ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (the full on-highway product line in 2013 in addition to maintaining the same near) Tj ET Q q 0 0 0 rg BT 375.56 118.10 Td (-zero emission levels of NOx and Particulate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (Matter \(PM\) required in 2010. On-Board Diagnostics provide enhanced service capability with standardized diagnostic trouble ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td (codes, service tool interface, in-cab warning lamp and service information availability) Tj ET Q q 0 0 0 rg BT 393.66 94.10 Td (. ) Tj ET Q q 0 0 0 rg BT 398.48 94.10 Td (The new GHG and fuel-ef) Tj ET Q q 0 0 0 rg BT 503.26 94.10 Td (ficiency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.10 Td (regulations were required for all heavy-duty diesel and natural gas engines beginning in January 2014. Our GHG certification ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.10 Td (was the first engine certificate issued by the EP) Tj ET Q q 0 0 0 rg BT 238.47 70.10 Td (A) Tj ET Q q 0 0 0 rg BT 245.14 70.10 Td ( and uses the same proven base engine with the XPI fuel system, ) Tj ET Q q 0 0 0 rg BT 506.01 70.10 Td (V) Tj ET Q q 0 0 0 rg BT 512.12 70.10 Td (ariable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 58.10 Td (Geometry ) Tj ET Q q 0 0 0 rg BT 92.30 58.10 Td (T) Tj ET Q q 0 0 0 rg BT 98.06 58.10 Td (urbochar) Tj ET Q q 0 0 0 rg BT 133.42 58.10 Td (ger \(VGT) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 172.57 62.63 Td (TM) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.32 58.10 Td (\), Cummins ) Tj ET Q q 0 0 0 rg BT 231.49 58.10 Td (Aftertreatment System with DPF and SCR technology) Tj ET Q q 0 0 0 rg BT 448.04 58.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 29 0 obj <>] /Rotate 0 /Contents 30 0 R>> endobj 30 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (14) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Other) Tj ET Q q 0 0 0 rg BT 75.37 742.25 Td ( Envir) Tj ET Q q 0 0 0 rg BT 102.13 742.25 Td (onmental Statutes and Regulations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (Expenditures for environmental control activities and environmental remediation projects at our facilities in the U.S. have not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (been a substantial portion of our annual capital outlays and are not expected to be material in 2015. ) Tj ET Q q 0 0 0 rg BT 448.86 710.25 Td (W) Tj ET Q q 0 0 0 rg BT 457.50 710.25 Td (e believe we are in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (compliance in all material respects with laws and regulations applicable to our plants and operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 678.25 Td (In the U.S., pursuant to notices received from federal and state agencies and/or defendant parties in site environmental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 666.25 Td (contribution actions, we have been identified as a potentially responsible party under the Comprehensive Environmental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 654.25 Td (Response, Compensation and Liability ) Tj ET Q q 0 0 0 rg BT 206.93 654.25 Td (Act of 1980, as amended or similar state laws, at less than 20 waste disposal sites. Based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 642.25 Td (upon our experiences at similar sites we believe that our aggregate future remediation costs will not be significant. ) Tj ET Q q 0 0 0 rg BT 509.95 642.25 Td (W) Tj ET Q q 0 0 0 rg BT 518.59 642.25 Td (e have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 630.25 Td (established accruals that we believe are adequate for our expected future liability with respect to these sites.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (In addition, we have several other sites where we are working with governmental authorities on remediation projects. ) Tj ET Q q 0 0 0 rg BT 521.61 610.25 Td (The costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (for these remediation projects are not expected to be material.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 570.25 Td (EMPLOYEES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (As of December 31, 2014, we employed approximately 54,600 persons worldwide. ) Tj ET Q q 0 0 0 rg BT 384.65 550.25 Td (Approximately 17,680 of our employees ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (worldwide are represented by various unions under collective bar) Tj ET Q q 0 0 0 rg BT 311.39 538.25 Td (gaining agreements that expire between 2015 and 2019.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.65 538.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 510.25 Td (A) Tj ET Q q 0 0 0 rg BT 55.93 510.25 Td (V) Tj ET Q q 0 0 0 rg BT 61.87 510.25 Td (AILABLE INFORMA) Tj ET Q q 0 0 0 rg BT 157.52 510.25 Td (TION) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 490.25 Td (e file annual, quarterly and current reports, proxy statements and other information electronically with the Securities and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (Exchange Commission \(SEC\). ) Tj ET Q q 0 0 0 rg BT 174.62 478.25 Td (Y) Tj ET Q q 0 0 0 rg BT 180.84 478.25 Td (ou may read and copy any document we file with the SEC at the SEC's public reference room ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (at 100F Street, N.E., ) Tj ET Q q 0 0 0 rg BT 136.75 466.25 Td (W) Tj ET Q q 0 0 0 rg BT 145.39 466.25 Td (ashington, DC 20549. Please call the SEC at 1-800-SEC-0330 for information on the public reference ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (room. ) Tj ET Q q 0 0 0 rg BT 75.93 454.25 Td (The SEC maintains an internet site that contains annual, quarterly and current reports, proxy and information statements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.25 Td (and other information that issuers \(including Cummins\) file electronically with the SEC. ) Tj ET Q q 0 0 0 rg BT 406.14 442.25 Td (The SEC's internet site is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (www) Tj ET Q q 0 0 0 rg BT 71.02 430.25 Td (.sec.gov) Tj ET Q q 0 0 0 rg BT 103.13 430.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 410.25 Td (Our internet site is www) Tj ET Q q 0 0 0 rg BT 147.67 410.25 Td (.cummins.com. ) Tj ET Q q 0 0 0 rg BT 211.18 410.25 Td (Y) Tj ET Q q 0 0 0 rg BT 217.40 410.25 Td (ou can access our Investors and Media webpage through our internet site, by clicking ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 398.25 Td (on the heading "Investors and Media" followed by the "Investor Relations" link. ) Tj ET Q q 0 0 0 rg BT 373.03 398.25 Td (W) Tj ET Q q 0 0 0 rg BT 381.67 398.25 Td (e make available, free of char) Tj ET Q q 0 0 0 rg BT 499.74 398.25 Td (ge, on or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 386.25 Td (through our Investors and Media webpage, our proxy statements, annual reports on Form10-K, quarterly reports on Form 10-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 374.25 Td (Q, current reports on Form8-K and any amendments to those reports filed or furnished pursuant to the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 546.26 374.25 Td (Act ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 362.25 Td (of 1934 or the Securities ) Tj ET Q q 0 0 0 rg BT 150.26 362.25 Td (Act of 1933, as amended, as soon as reasonably practicable after such material is electronically filed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 350.25 Td (with, or furnished to, the SEC.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 330.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 330.25 Td (e also have a Corporate Governance webpage. ) Tj ET Q q 0 0 0 rg BT 245.96 330.25 Td (Y) Tj ET Q q 0 0 0 rg BT 252.18 330.25 Td (ou can access our Governance Documents webpage through our internet site, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 318.25 Td (www) Tj ET Q q 0 0 0 rg BT 71.02 318.25 Td (.cummins.com, by clicking on the heading "Investors and Media," followed by the "Investor Relations" link and then the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 306.25 Td (topic heading of "Governance Documents" within the "Corporate Governance" heading. Code of Conduct, Committee Charters ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 294.25 Td (and other governance documents are included at this site. Our Code of Conduct applies to all employees, regardless of their ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 282.25 Td (position or the country in which they work. It also applies to the employees of any entity owned or controlled by us. ) Tj ET Q q 0 0 0 rg BT 516.39 282.25 Td (W) Tj ET Q q 0 0 0 rg BT 525.03 282.25 Td (e will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 270.25 Td (post any amendments to the Code of Conduct and any waivers that are required to be disclosed by the rules of either the SEC or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 258.25 Td (the New ) Tj ET Q q 0 0 0 rg BT 85.73 258.25 Td (Y) Tj ET Q q 0 0 0 rg BT 91.95 258.25 Td (ork Stock ExchangeLLC \(NYSE\), on our internet site. ) Tj ET Q q 0 0 0 rg BT 314.22 258.25 Td (The information on our internet site is not incorporated by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 246.25 Td (reference into this report.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 31 0 obj <>] /Rotate 0 /Contents 32 0 R>> endobj 32 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (15) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (EXECUTIVE OFFICERS OF) Tj ET Q q 0 0 0 rg BT 178.54 742.25 Td ( ) Tj ET Q q 0 0 0 rg BT 180.85 742.25 Td (THE REGISTRANT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (Following are the names and ages of our executive of) Tj ET Q q 0 0 0 rg BT 263.92 722.25 Td (ficers, their positions with us as of January31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.50 722.25 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.50 722.25 Td (, and summaries of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (their backgrounds and business experience:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 664.75 184.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.50 664.75 21.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 664.75 143.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 664.75 21.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 664.75 143.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 584.75 184.00 -55.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.50 584.75 21.00 -55.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 584.75 143.00 -55.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 584.75 21.00 -55.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 584.75 143.00 -55.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 454.75 184.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.50 454.75 21.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 454.75 143.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 454.75 21.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 454.75 143.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 404.75 184.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.50 404.75 21.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 404.75 143.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 404.75 21.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 404.75 143.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 314.75 184.00 -85.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.50 314.75 21.00 -85.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 314.75 143.00 -85.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 314.75 21.00 -85.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 314.75 143.00 -85.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 194.75 184.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.50 194.75 21.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 194.75 143.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 194.75 21.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 194.75 143.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 148.75 184.00 -45.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.50 148.75 21.00 -45.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 148.75 143.00 -45.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 148.75 21.00 -45.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 148.75 143.00 -45.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 664.75 m 234.5 664.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 255.5 664.75 m 398.5 664.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 664.75 m 562.5 664.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 668.98 Td (Name and Age) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 244.50 668.98 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 266.45 676.98 Td (Pr) Tj ET Q q 0 0 0 rg BT 274.74 676.98 Td (esent CumminsInc. position and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 282.00 668.98 Td (year) Tj ET Q q 0 0 0 rg BT 296.96 668.98 Td ( appointed to position) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.50 668.98 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.15 683.83 Td (Principal position during the past) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.10 675.83 Td (five years other) Tj ET Q q 0 0 0 rg BT 482.82 675.83 Td ( than CumminsInc.) 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Crompton \(49\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 370.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 370.32 Td (Vice President and President) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 360.32 Td (Engine Business \(2014\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 370.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 370.32 Td (Vice President and General) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 360.32 Td (Manager - Engine Business) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 350.32 Td (\(2013-2014\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 340.32 Td (Vice President and General) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 330.32 Td (Manager - Midrange Engine) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 320.32 Td (Business \(2005-2013\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 305.32 Td (Tracy A. 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Ewald \(47\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 220.32 Td (Vice President - Corporate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 210.32 Td (Strategy and Business) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 200.32 Td (Development \(2010\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 220.32 Td (Executive DirectorGrowth) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 210.32 Td (Office \(2008-2010\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 185.32 Td (Richard E. Harris \(62\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 185.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 185.32 Td (Vice PresidentChief) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 175.32 Td (Investment Officer \(2008\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 185.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 162.32 Td (Marsha L. Hunt \(51\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 162.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 162.32 Td (Vice PresidentCorporate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 152.32 Td (Controller \(2003\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 162.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 162.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 139.32 Td (Mark A. Levett \(65\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 139.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 139.32 Td (Vice PresidentCorporate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 129.32 Td (Responsibility and Chief) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 119.32 Td (Executive Officer - Cummins) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 109.32 Td (Foundation \(2013\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 139.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 139.32 Td (General Manager and Vice) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 129.32 Td (PresidentHigh Horsepower) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 119.32 Td (\(1999-2013\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 33 0 obj <>] /Rotate 0 /Contents 34 0 R>> endobj 34 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (16) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 682.50 184.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.50 682.50 21.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 682.50 143.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 682.50 21.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 682.50 143.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 624.50 184.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.50 624.50 21.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 624.50 143.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 624.50 21.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 624.50 143.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 566.50 184.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.50 566.50 21.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 255.50 566.50 143.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 566.50 21.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 566.50 143.00 -23.00 re f /GS0 gs BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 738.07 Td (Mark J. Osowick \(47\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 738.07 Td (Vice President - Human) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 728.07 Td (Resources Operations \(2014\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 738.07 Td (Executive DirectorHuman) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 728.07 Td (Resources, Components Segment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 718.07 Td (& India ABO \(2010-2014\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 708.07 Td (Executive Director, Global) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 698.07 Td (Organization Development &) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 688.07 Td (Recruiting \(2007-2010\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 673.07 Td (Marya M. Rose \(52\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 673.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 673.07 Td (Vice PresidentChief) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 663.07 Td (Administrative Officer \(2011\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 673.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 673.07 Td (Vice PresidentGeneral Counsel) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 663.07 Td (and Corporate Secretary) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 653.07 Td (\(2001-2011\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 638.07 Td (Livingston L. Satterthwaite \(54\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 638.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 638.07 Td (Vice President and President) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 628.07 Td (Power Generation \(2008\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 638.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 615.07 Td (Anant J. Talaulicar \(53\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 615.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 615.07 Td (Chairman and Managing) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 605.07 Td (Director-Cummins IndiaArea) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 595.07 Td (Business Organization \(2003\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 615.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 615.07 Td (Vice President and President -) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 605.07 Td (Components Group \(2010-2014\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 580.07 Td (John C. Wall \(63\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 580.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 580.07 Td (Vice PresidentChief Technical) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 570.07 Td (Officer \(2000\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 580.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 580.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 557.07 Td (Patrick J. Ward \(51\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 557.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 557.07 Td (Vice PresidentChief Financial) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 547.07 Td (Officer \(2008\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 557.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 534.07 Td (Lisa M. Yoder \(51\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.00 534.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 534.07 Td (Vice PresidentGlobal Supply) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.00 524.07 Td (Chain& Manufacturing \(2011\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 534.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 534.07 Td (Vice PresidentCorporate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 524.07 Td (Supply Chain \(2010-2011\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 514.07 Td (Executive DirectorSupply) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 504.07 Td (Chain& Operations-Power) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 494.07 Td (Generation \(2007-2010\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 469.00 Td (Our Chairman and Chief Executive Of) Tj ET Q q 0 0 0 rg BT 204.49 469.00 Td (ficer is elected annually by our Board of Directors and holds of) Tj ET Q q 0 0 0 rg BT 457.29 469.00 Td (fice until the meeting of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 457.00 Td (the Board of Directors at which his election is next considered. Other of) Tj ET Q q 0 0 0 rg BT 337.79 457.00 Td (ficers are appointed by the Chairman and Chief ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 445.00 Td (Executive Of) Tj ET Q q 0 0 0 rg BT 102.85 445.00 Td (ficer) Tj ET Q q 0 0 0 rg BT 120.77 445.00 Td (, are ratified by our Board of Directors and hold of) Tj ET Q q 0 0 0 rg BT 323.02 445.00 Td (fice for such period as the Chairman and Chief Executive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 433.00 Td (Of) Tj ET Q q 0 0 0 rg BT 60.37 433.00 Td (ficer or the Board of Directors may prescribe.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 35 0 obj <>] /Rotate 0 /Contents 36 0 R>> endobj 36 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (17) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (ITEM 1A.Risk Factors) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (Set forth below and elsewhere in this ) Tj ET Q q 0 0 0 rg BT 200.24 722.25 Td (Annual Report on Form10-K are some of the principal risks and uncertainties that could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (cause our actual business results to dif) Tj ET Q q 0 0 0 rg BT 203.12 710.25 Td (fer materially from any forward-looking statements contained in this Report and could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (individually) Tj ET Q q 0 0 0 rg BT 97.68 698.25 Td (, or in combination, have a material adverse ef) Tj ET Q q 0 0 0 rg BT 282.98 698.25 Td (fect on our results of operations, financial position or cash flows. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 686.25 Td (These risk factors should be considered in addition to our cautionary comments concerning forward-looking statements in this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 674.25 Td (Report, including statements related to markets for our products and trends in our business that involve a number of risks and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 662.25 Td (uncertainties. Our separate section above, "CAUTIONAR) Tj ET Q q 0 0 0 rg BT 281.51 662.25 Td (Y) Tj ET Q q 0 0 0 rg BT 288.36 662.25 Td ( ST) Tj ET Q q 0 0 0 rg BT 301.73 662.25 Td (A) Tj ET Q q 0 0 0 rg BT 307.85 662.25 Td (TEMENTS REGARDING FOR) Tj ET Q q 0 0 0 rg BT 436.74 662.25 Td (W) Tj ET Q q 0 0 0 rg BT 445.07 662.25 Td (ARD-LOOKING ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 650.25 Td (INFORMA) Tj ET Q q 0 0 0 rg BT 95.01 650.25 Td (TION," should be considered in addition to the following statements.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 630.25 Td (A) Tj ET Q q 0 0 0 rg BT 56.12 630.25 Td ( sustained slowdown or significant downturn in our markets could materially and adversely af) Tj ET Q q 0 0 0 rg BT 442.94 630.25 Td (fect our results of ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 618.25 Td (operations, financial condition or cash flows. ) Tj ET Q BT /F4 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (The U.S. economy began to improve in 2014, although many international markets continued to struggle. If the global ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (economy or some of our significant markets encounter a sustained slowdown; depending upon the length, duration and severity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (of such a slowdown, our results of operations, financial condition and cash flow would almost certainly be materially adversely ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (af) Tj ET Q q 0 0 0 rg BT 57.59 562.25 Td (fected. Specifically) Tj ET Q q 0 0 0 rg BT 134.12 562.25 Td (, our revenues would likely decrease, we may be forced to consider further restructuring actions, we may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (need to increase our allowance for doubtful accounts, our days sales outstanding may increase and we could experience ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (impairments to assets of certain of our businesses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.51 538.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 518.25 Td (A) Tj ET Q q 0 0 0 rg BT 56.12 518.25 Td ( slowdown in infrastructure development could adversely af) Tj ET Q q 0 0 0 rg BT 301.22 518.25 Td (fect our business.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 373.17 518.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 498.25 Td (Infrastructure development has been a significant driver of our business in recent years, especially in the emer) Tj ET Q q 0 0 0 rg BT 489.93 498.25 Td (ging markets of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 486.25 Td (China and Brazil. General weakness in economic growth or the perception that infrastructure has been overbuilt could lead to a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 474.25 Td (decline in infrastructure spending. ) Tj ET Q q 0 0 0 rg BT 188.57 474.25 Td (Any sustained downturns in infrastructure development that result from these or other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 462.25 Td (circumstances could adversely af) Tj ET Q q 0 0 0 rg BT 182.26 462.25 Td (fect our business.) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 442.25 Td (Unpredictability in the adoption, implementation and enforcement of increasingly stringent emission standards by multiple ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (jurisdictions around the world could adversely af) Tj ET Q q 0 0 0 rg BT 251.50 430.25 Td (fect our business.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 323.46 430.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 410.25 Td (Our engines are subject to extensive statutory and regulatory requirements governing emission and noise, including standards ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 398.25 Td (imposed by the EP) Tj ET Q q 0 0 0 rg BT 124.36 398.25 Td (A, the European Union, state regulatory agencies \(such as the CARB\) and other regulatory agencies around ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 386.25 Td (the world. ) Tj ET Q q 0 0 0 rg BT 92.87 386.25 Td (W) Tj ET Q q 0 0 0 rg BT 101.50 386.25 Td (e have made, and will be required to continue to make, significant capital and research expenditures to comply ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 374.25 Td (with these emission standards. Developing engines to meet numerous changing government regulatory requirements, with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 362.25 Td (dif) Tj ET Q q 0 0 0 rg BT 60.93 362.25 Td (ferent implementation timelines and emission requirements, makes developing engines ef) Tj ET Q q 0 0 0 rg BT 418.98 362.25 Td (ficiently for multiple markets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 350.25 Td (complicated and could result in substantial additional costs that may be dif) Tj ET Q q 0 0 0 rg BT 348.36 350.25 Td (ficult to recover in certain markets. In some cases, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 338.25 Td (we may be required to develop new products to comply with new regulations, particularly those relating to air emissions. ) Tj ET Q q 0 0 0 rg BT 536.64 338.25 Td (While ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 326.25 Td (we have met previous deadlines, our ability to comply with other existing and future regulatory standards will be essential for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 314.25 Td (us to maintain our position in the engine markets we serve. ) Tj ET Q q 0 0 0 rg BT 288.10 314.25 Td (The successful development and introduction of new and enhanced ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 302.25 Td (products in order to comply with new regulatory requirements are subject to other risks, such as delays in product development, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 290.25 Td (cost over) Tj ET Q q 0 0 0 rg BT 86.18 290.25 Td (-runs and unanticipated technical and manufacturing dif) Tj ET Q q 0 0 0 rg BT 309.80 290.25 Td (ficulties.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 266.25 Td (In addition to these risks, the nature and timing of government implementation and enforcement of increasingly stringent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 254.25 Td (emission standards in emer) Tj ET Q q 0 0 0 rg BT 158.41 254.25 Td (ging markets are unpredictable and subject to change, or delays which could result in the products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 242.25 Td (we developed or modified to comply with these standards becoming unnecessary or becoming necessary later than expected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 230.25 Td (and in some cases negating our competitive advantage. ) Tj ET Q q 0 0 0 rg BT 272.25 230.25 Td (This in turn can delay) Tj ET Q q 0 0 0 rg BT 358.79 230.25 Td (, diminish or eliminate the expected return on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 218.25 Td (capital and research expenditures that we have invested in such products and may adversely af) Tj ET Q q 0 0 0 rg BT 427.45 218.25 Td (fect our perceived competitive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 206.25 Td (advantage in being an early) Tj ET Q q 0 0 0 rg BT 159.30 206.25 Td (, advanced developer of compliant engines. ) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 186.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.15 186.25 Td (e derive significant income from investees that we do not directly control.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 358.68 186.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.25 Td (Our net income includes significant equity) Tj ET Q q 0 0 0 rg BT 219.58 166.25 Td (, royalty and interest income from investees that we do not directly control.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.61 166.25 Td ( For ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.25 Td (2014, we recognized $370 million of equity) Tj ET Q q 0 0 0 rg BT 224.59 154.25 Td (, royalty and interest income from investees, compared to $361 million in 2013.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.69 154.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.01 154.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.25 Td (majority of our equity) Tj ET Q q 0 0 0 rg BT 137.39 142.25 Td (, royalty and interest income from investees is from our) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.55 142.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.05 142.25 Td ( unconsolidated North ) Tj ET Q q 0 0 0 rg BT 452.87 142.25 Td (American distributors and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.25 Td (from two of our joint ventures in China, Dongfeng Cummins Engine Company) Tj ET Q q 0 0 0 rg BT 365.42 130.25 Td (, Ltd. \(DCEC\) and Chongqing Cummins Engine ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.25 Td (Company) Tj ET Q q 0 0 0 rg BT 88.24 118.25 Td (, Ltd. \(CCEC\) at December 31, 2014. Our equity ownership interests in our unconsolidated North ) Tj ET Q q 0 0 0 rg BT 480.66 118.25 Td (American ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.25 Td (distributors ranged from 49 percent to 50 percent at December 31, 2014. ) Tj ET Q q 0 0 0 rg BT 341.95 106.25 Td (W) Tj ET Q q 0 0 0 rg BT 350.59 106.25 Td (e have 50 percent equity ownership interests in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.25 Td (DCEC and CCEC.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.73 94.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.67 94.25 Td (As a result, although a significant percentage of our net income is derived from these unconsolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.25 Td (entities, we do not unilaterally control their management or their operations, which puts a substantial portion of our net income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.25 Td (at risk from the actions or inactions of these entities. ) Tj ET Q q 0 0 0 rg BT 261.34 70.25 Td (A) Tj ET Q q 0 0 0 rg BT 268.01 70.25 Td ( significant reduction in the level of contribution by these entities to our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 58.25 Td (net income would likely have a material adverse ef) Tj ET Q q 0 0 0 rg BT 253.62 58.25 Td (fect on our results of operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.03 58.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 37 0 obj <>] /Rotate 0 /Contents 38 0 R>> endobj 38 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (18) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Our truck manufacturers and original equipment manufacturers \(OEMs\) customers may not continue to outsource their ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (engine supply needs. ) Tj ET Q BT /F4 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (Several of our engine customers, including P) Tj ET Q q 0 0 0 rg BT 228.76 710.25 Td (ACCAR, ) Tj ET Q q 0 0 0 rg BT 268.04 710.25 Td (V) Tj ET Q q 0 0 0 rg BT 273.97 710.25 Td (olvo ) Tj ET Q q 0 0 0 rg BT 293.70 710.25 Td (AB, Navistar) Tj ET Q q 0 0 0 rg BT 346.06 710.25 Td (, Chrysler and DCEC, are truck manufacturers or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (OEMs that manufacture engines for some of their own products. Despite their own engine manufacturing abilities, these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 686.25 Td (customers have historically chosen to outsource certain types of engine production to us due to the quality of our engine ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 674.25 Td (products, our emission capabilities, our systems integration, their customers' preferences, their desire for cost reductions, their ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 662.25 Td (desire for eliminating production risks and their desire to maintain company focus. However) Tj ET Q q 0 0 0 rg BT 419.78 662.25 Td (, there can be no assurance that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 650.25 Td (these customers will continue to outsource, or outsource as much of, their engine production in the future. Increased levels of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 638.25 Td (OEM vertical integration could result from a number of factors, such as shifts in our customers' business strategies, acquisition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.25 Td (by a customer of another engine manufacturer) Tj ET Q q 0 0 0 rg BT 233.96 626.25 Td (, the inability of third-party suppliers to meet product specifications and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 614.25 Td (emer) Tj ET Q q 0 0 0 rg BT 69.80 614.25 Td (gence of low-cost production opportunities in foreign countries. ) Tj ET Q q 0 0 0 rg BT 327.25 614.25 Td (Any significant reduction in the level of engine ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 602.25 Td (production outsourcing from our truck manufacturer or OEM customers could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 469.67 602.25 Td (fect on our results of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 590.25 Td (operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.16 590.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 570.25 Td (A) Tj ET Q q 0 0 0 rg BT 56.12 570.25 Td ( downturn in the North ) Tj ET Q q 0 0 0 rg BT 153.84 570.25 Td (American truck industry or other factors negatively af) Tj ET Q q 0 0 0 rg BT 376.16 570.25 Td (fecting any of our truck OEM customers ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 558.25 Td (could materially adversely impact our results of operations.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 293.88 558.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 538.25 Td (e make significant sales of engines and components to a few lar) Tj ET Q q 0 0 0 rg BT 313.10 538.25 Td (ge truck OEMs in North ) Tj ET Q q 0 0 0 rg BT 412.25 538.25 Td (America. If the North ) Tj ET Q q 0 0 0 rg BT 500.83 538.25 Td (American ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (truck market suf) Tj ET Q q 0 0 0 rg BT 115.35 526.25 Td (fers a significant downturn, or if one of our lar) Tj ET Q q 0 0 0 rg BT 301.23 526.25 Td (ge truck OEM customers experienced financial distress or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (bankruptcy) Tj ET Q q 0 0 0 rg BT 94.34 514.25 Td (, such circumstance would likely lead to significant reductions in our revenues and earnings, commercial disputes, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (receivable collection issues, and other negative consequences that could have a material adverse impact on our results of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.16 490.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 470.25 Td (The discovery of any significant problems with our recently-introduced engine platforms in North ) Tj ET Q q 0 0 0 rg BT 454.36 470.25 Td (America could materially ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 458.25 Td (adversely impact our results of operations, financial condition and cash flow) Tj ET Q q 0 0 0 rg BT 364.93 458.25 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 367.43 458.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 438.25 Td (The EP) Tj ET Q q 0 0 0 rg BT 78.80 438.25 Td (A) Tj ET Q q 0 0 0 rg BT 85.47 438.25 Td ( and CARB have certified all of our 2012/2013 on-highway and of) Tj ET Q q 0 0 0 rg BT 351.62 438.25 Td (f-highway engines, which utilize SCR technology to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 426.25 Td (meet requisite emission levels. ) Tj ET Q q 0 0 0 rg BT 175.07 426.25 Td (W) Tj ET Q q 0 0 0 rg BT 183.71 426.25 Td (e introduced SCR technology into our engine platforms in 2010. ) Tj ET Q q 0 0 0 rg BT 443.21 426.25 Td (The ef) Tj ET Q q 0 0 0 rg BT 468.84 426.25 Td (fective performance of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 414.25 Td (SCR technology and the overall performance of these engine platforms impact a number of our operating segments and remain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 402.25 Td (crucial to our success in North ) Tj ET Q q 0 0 0 rg BT 173.86 402.25 Td (America. ) Tj ET Q q 0 0 0 rg BT 213.10 402.25 Td (While these 2010 and 2013 engine platforms have performed well in the field, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 390.25 Td (discovery of any significant problems in these platforms could result in recall campaigns, increased warranty costs, reputational ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 378.25 Td (risk and brand risk, and could materially adversely impact our results of operations, financial condition and cash flow) Tj ET Q q 0 0 0 rg BT 519.49 378.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.99 378.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 358.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.15 358.25 Td (e are vulnerable to supply shortages from single-sourced suppliers.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 333.44 358.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 338.25 Td (During 2014, we single sourced approximately 55 percent of the total types of parts in our product designs. ) Tj ET Q q 0 0 0 rg BT 480.46 338.25 Td (Any delay in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 326.25 Td (suppliers' deliveries may adversely af) Tj ET Q q 0 0 0 rg BT 199.90 326.25 Td (fect our operations at multiple manufacturing locations, forcing us to seek alternative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 314.25 Td (supply sources to avoid serious disruptions. Delays may be caused by factors af) Tj ET Q q 0 0 0 rg BT 368.36 314.25 Td (fecting our suppliers, including capacity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 302.25 Td (constraints, labor disputes, economic downturns, availability of credit, the impaired financial condition of a particular supplier) Tj ET Q q 0 0 0 rg BT 554.73 302.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 290.25 Td (suppliers' allocations to other purchasers, weather emer) Tj ET Q q 0 0 0 rg BT 271.26 290.25 Td (gencies, natural disasters or acts of war or terrorism. ) Tj ET Q q 0 0 0 rg BT 482.58 290.25 Td (Any extended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 278.25 Td (delay in receiving critical supplies could impair our ability to deliver products to our customers and our results of operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.87 278.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 258.25 Td (Our products are exposed to variability in material and commodity costs.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 348.61 258.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td (Our businesses establish prices with our customers in accordance with contractual time frames; however) Tj ET Q q 0 0 0 rg BT 467.52 238.25 Td (, the timing of material ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.25 Td (and commodity market price increases may prevent us from passing these additional costs on to our customers through timely ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.25 Td (pricing actions. ) Tj ET Q q 0 0 0 rg BT 113.60 214.25 Td (Additionally) Tj ET Q q 0 0 0 rg BT 163.50 214.25 Td (, higher material and commodity costs around the world may of) Tj ET Q q 0 0 0 rg BT 417.98 214.25 Td (fset our ef) Tj ET Q q 0 0 0 rg BT 458.33 214.25 Td (forts to reduce our cost ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.25 Td (structure. ) Tj ET Q q 0 0 0 rg BT 89.80 202.25 Td (While we customarily enter into financial transactions and contractual pricing adjustment provisions with our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.25 Td (customers that attempt to address some of these risks \(notably with respect to copper) Tj ET Q q 0 0 0 rg BT 388.68 190.25 Td (, platinum and palladium\), there can be no ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.25 Td (assurance that commodity price fluctuations will not adversely af) Tj ET Q q 0 0 0 rg BT 310.85 178.25 Td (fect our results of operations. In addition, while the use of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.25 Td (commodity price hedging instruments may provide us with some protection from adverse fluctuations in commodity prices, by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.25 Td (utilizing these instruments we potentially forego the benefits that might result from favorable fluctuations in price. ) Tj ET Q q 0 0 0 rg BT 509.60 154.25 Td (As a result, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.25 Td (higher material and commodity costs, as well as hedging these commodity costs during periods of decreasing prices, could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.25 Td (result in declining mar) Tj ET Q q 0 0 0 rg BT 140.07 130.25 Td (gins.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.24 130.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 39 0 obj <>] /Rotate 0 /Contents 40 0 R>> endobj 40 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (19) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Our products are subject to recall for performance or safety-related issues.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 356.92 742.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (Our products may be subject to recall for performance or safety-related issues. Product recalls subject us to harm to our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (reputation, loss of current and future customers, reduced revenue and product recall costs. Product recall costs are incurred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (when we decide, either voluntarily or involuntarily) Tj ET Q q 0 0 0 rg BT 252.90 698.25 Td (, to recall a product through a formal campaign to solicit the return of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 686.25 Td (specific products due to a known or suspected performance issue. ) Tj ET Q q 0 0 0 rg BT 314.09 686.25 Td (Any significant product recalls could have a material adverse ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 674.25 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 674.25 Td (fect on our results of operations, financial condition and cash flows.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.18 674.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 654.25 Td (Failure to successfully integrate the planned acquisitions of the equity we do not already own of our partially-owned United ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 642.25 Td (States and Canadian distributors could have an adverse impact on our realization of expected benefits to our financial ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 630.25 Td (condition and results of operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.86 630.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (The completion of our plan to acquire all of the equity we do not already own of our partially- owned United States and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (Canadian distributors \(each, an ''Acquisition,'' and collectively) Tj ET Q q 0 0 0 rg BT 298.71 598.25 Td (, the ''Acquisitions''\), is subject to various risks, including, among ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (other things, our ability to realize the full extent of the incremental revenue, earnings, cash flow) Tj ET Q q 0 0 0 rg BT 432.55 586.25 Td (, cost savings and other benefits ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (that we expect to realize as a result of the completion of the ) Tj ET Q q 0 0 0 rg BT 290.19 574.25 Td (Acquisitions within the anticipated time frame, or at all; the costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (that are expected to be incurred in connection with evaluating, negotiating, consummating and integrating the ) Tj ET Q q 0 0 0 rg BT 490.14 562.25 Td (Acquisitions; the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (ability of management to focus adequate time and attention on evaluating, negotiating, consummating and integrating the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (Acquisitions; and diversion of management's attention from base strategies and objectives, both during and after the acquisition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (process. Further) Tj ET Q q 0 0 0 rg BT 114.03 526.25 Td (, as with all mer) Tj ET Q q 0 0 0 rg BT 178.00 526.25 Td (ger and acquisition activity) Tj ET Q q 0 0 0 rg BT 285.93 526.25 Td (, there can be no assurance that we will be able to negotiate, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (consummate and integrate the ) Tj ET Q q 0 0 0 rg BT 171.63 514.25 Td (Acquisitions in accordance with our plans. ) Tj ET Q q 0 0 0 rg BT 344.46 514.25 Td (Those persons holding the third-party ownership of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (our partially-owned United States and Canadian distributors may not agree to our acquisition proposals, including the terms ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (and conditions thereof, and may claim that our proposals to exercise certain contractual rights that we have with respect to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (acquiring such distributors may violate applicable state franchise and distributor laws, which may prohibit, delay or otherwise ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (adversely af) Tj ET Q q 0 0 0 rg BT 98.40 466.25 Td (fect the consummation of such ) Tj ET Q q 0 0 0 rg BT 223.10 466.25 Td (Acquisitions on terms and conditions that are less favorable to us than we currently ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (anticipate, or not at all.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.19 454.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 434.25 Td (After completion of the ) Tj ET Q q 0 0 0 rg BT 147.40 434.25 Td (Acquisitions, we may fail to realize the expected enhanced revenue, earnings, cash flow) Tj ET Q q 0 0 0 rg BT 506.73 434.25 Td (, cost savings ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 422.25 Td (and other benefits.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 126.95 422.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 402.25 Td (The financial success of the ) Tj ET Q q 0 0 0 rg BT 163.01 402.25 Td (Acquisitions will depend, in substantial part, on our ability to successfully combine our business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 390.25 Td (with the businesses of our partially-owned United States and Canadian distributors, transition operations and realize the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 378.25 Td (expected enhanced revenue, earnings, cash flow) Tj ET Q q 0 0 0 rg BT 241.76 378.25 Td (, cost savings and other benefits from such ) Tj ET Q q 0 0 0 rg BT 414.22 378.25 Td (Acquisitions. ) Tj ET Q q 0 0 0 rg BT 469.60 378.25 Td (While we currently ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 366.25 Td (believe that these enhanced revenue, earnings, cash flow) Tj ET Q q 0 0 0 rg BT 275.64 366.25 Td (, cost savings and other benefits estimates are achievable, it is possible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 354.25 Td (that we will be unable to achieve these objectives within the anticipated time frame, or at all. Our enhanced revenue, earnings, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 342.25 Td (cash flow) Tj ET Q q 0 0 0 rg BT 87.95 342.25 Td (, cost savings and other benefits estimates also depend on our ability to execute and integrate the ) Tj ET Q q 0 0 0 rg BT 476.17 342.25 Td (Acquisitions in a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 330.25 Td (manner that permits those benefits to be realized. If these estimates turn out to be incorrect or we are not able to execute our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 318.25 Td (integration strategy successfully) Tj ET Q q 0 0 0 rg BT 178.20 318.25 Td (, the anticipated enhanced revenue, earnings, cash flow) Tj ET Q q 0 0 0 rg BT 398.01 318.25 Td (, cost savings and other benefits, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 306.25 Td (resulting from the ) Tj ET Q q 0 0 0 rg BT 123.60 306.25 Td (Acquisitions may not be realized fully) Tj ET Q q 0 0 0 rg BT 275.97 306.25 Td (, or at all, or may take longer to realize than expected.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.43 306.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.25 Td (Specifically) Tj ET Q q 0 0 0 rg BT 97.11 286.25 Td (, issues that must be addressed in integration in order to realize the anticipated benefits and costs savings of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.25 Td (Acquisitions include, among other things:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.48 274.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 254.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 254.25 Td (maintaining and improving management and employee engagement, morale, motivation and productivity;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.77 254.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 234.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 234.25 Td (recruiting and retaining executives and key employees;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.47 234.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 214.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 214.25 Td (retaining and strengthening relationships with existing customers and attracting new customers;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.69 214.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 194.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 194.25 Td (conforming standards, controls, procedures and policies, business cultures and compensation structures among the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 182.25 Td (companies;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.54 182.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 162.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 162.25 Td (consolidating and streamlining corporate and administrative infrastructures;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.24 162.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 142.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 142.25 Td (consolidating sales, customer service and marketing operations;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.21 142.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 122.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 122.25 Td (identifying and eliminating redundant and underperforming operations and assets;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.25 122.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 102.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 102.25 Td (integrating the distribution, sales, customer service and administrative support activities among the companies;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.78 102.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 82.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 82.25 Td (integrating information technology systems, including those systems managing data security for sensitive employee, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 70.25 Td (customer and vendor information, and diverse network applications across the companies;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.73 70.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 41 0 obj <>] /Rotate 0 /Contents 42 0 R>> endobj 42 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 742.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 742.10 Td (managing the broadened competitive landscape, including responding to the actions taken by competitors in response ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 730.10 Td (to the ) Tj ET Q q 0 0 0 rg BT 110.44 730.10 Td (Acquisitions;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.78 730.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 710.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 710.10 Td (coordinating geographically dispersed or) Tj ET Q q 0 0 0 rg BT 249.38 710.10 Td (ganizations;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.70 710.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 690.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 690.10 Td (managing the additional business risks of businesses that we have not previously directly managed; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.36 690.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 670.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 670.10 Td (managing tax costs or inef) Tj ET Q q 0 0 0 rg BT 191.35 670.10 Td (ficiencies associated with integrating our operations following completion of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 658.10 Td (Acquisitions.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.06 658.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 638.10 Td (Delays encountered in the process of integrating the ) Tj ET Q q 0 0 0 rg BT 259.93 638.10 Td (Acquisitions could negatively impact our revenues, expenses, operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.10 Td (results, cash flow and financial condition after completion of the ) Tj ET Q q 0 0 0 rg BT 310.20 626.10 Td (Acquisitions, including through the loss of current customers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 614.10 Td (or suppliers. ) Tj ET Q q 0 0 0 rg BT 101.39 614.10 Td (Although significant benefits, such as enhanced revenue, earnings, cash flow and cost savings, are expected to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 602.10 Td (result from the ) Tj ET Q q 0 0 0 rg BT 110.82 602.10 Td (Acquisitions, there can be no assurance that we will realize any of these anticipated benefits after completion of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 590.10 Td (any or all of the ) Tj ET Q q 0 0 0 rg BT 115.26 590.10 Td (Acquisitions.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.32 590.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 570.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 99.90 570.10 Td (, significant costs are expected to be incurred in connection with the integration of the ) Tj ET Q q 0 0 0 rg BT 445.35 570.10 Td (Acquisitions. ) Tj ET Q q 0 0 0 rg BT 500.72 570.10 Td (W) Tj ET Q q 0 0 0 rg BT 509.36 570.10 Td (e continue to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 558.10 Td (assess the magnitude of these costs and additional unanticipated costs may be incurred, including costs associated with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 546.10 Td (assuming our partially-owned United States and Canadian distributors' exposure to outstanding and anticipated legal claims and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 534.10 Td (other liabilities. ) Tj ET Q q 0 0 0 rg BT 114.71 534.10 Td (Although we believe that the elimination of duplicative costs, as well as the realization of other syner) Tj ET Q q 0 0 0 rg BT 519.69 534.10 Td (gies and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 522.10 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 522.10 Td (ficiencies related to the integration of the ) Tj ET Q q 0 0 0 rg BT 223.91 522.10 Td (Acquisitions, will of) Tj ET Q q 0 0 0 rg BT 305.67 522.10 Td (fset incremental integration-related costs over time, no ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 510.10 Td (assurances can be given that this net benefit will be achieved in the near term, or at all. In addition, the process of integrating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 498.10 Td (the operations of our partially- owned United States and Canadian distributors may distract management and employees from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 486.10 Td (delivering against base strategies and objectives, which could negatively impact other segments of our business following the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 474.10 Td (completion of the ) Tj ET Q q 0 0 0 rg BT 122.49 474.10 Td (Acquisitions.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.54 474.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (Furthermore, the ) Tj ET Q q 0 0 0 rg BT 119.15 454.10 Td (Acquisitions and the related integration ef) Tj ET Q q 0 0 0 rg BT 286.97 454.10 Td (forts, could result in the departure of key managers and employees, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (and we may fail to identify managerial resources to fill both executive-level and lower) Tj ET Q q 0 0 0 rg BT 395.50 442.10 Td (-level managerial positions and replace ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (key employees, including those who oversee customer relationships, any of which could have a negative impact on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (business, and, prior to the completion of the ) Tj ET Q q 0 0 0 rg BT 227.75 418.10 Td (Acquisitions, the businesses of our partially-owned United States and Canadian ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (distributors.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.06 406.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 386.10 Td (The completion of the ) Tj ET Q q 0 0 0 rg BT 142.40 386.10 Td (Acquisitions may be subject to the receipt of certain required clearances or approvals from ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 374.10 Td (governmental entities that could prevent or delay their completion or impose conditions that could have an adverse ef) Tj ET Q q 0 0 0 rg BT 531.75 374.10 Td (fect on ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 362.10 Td (us.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 61.95 362.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 342.10 Td (Completion of each of the ) Tj ET Q q 0 0 0 rg BT 156.36 342.10 Td (Acquisitions may be conditioned upon the receipt of certain governmental clearances or approvals, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 330.10 Td (including, but not limited to, the expiration or termination of any applicable waiting periods under U.S. competition and trade ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 318.10 Td (laws with respect to such ) Tj ET Q q 0 0 0 rg BT 152.48 318.10 Td (Acquisitions as well as applicable state regulations and restrictions. ) Tj ET Q q 0 0 0 rg BT 424.45 318.10 Td (There can be no assurance that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 306.10 Td (these clearances and approvals will be obtained, and, additionally) Tj ET Q q 0 0 0 rg BT 311.48 306.10 Td (, government authorities from which these clearances and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 294.10 Td (approvals are required may impose conditions on the completion of any) Tj ET Q q 0 0 0 rg BT 336.49 294.10 Td (, or all, of the ) Tj ET Q q 0 0 0 rg BT 392.31 294.10 Td (Acquisitions or require changes to their ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 282.10 Td (respective terms. If, in order to obtain any clearances or approvals required to complete any of the ) Tj ET Q q 0 0 0 rg BT 444.01 282.10 Td (Acquisitions, we become ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 270.10 Td (subject to any material conditions after completion of any of such ) Tj ET Q q 0 0 0 rg BT 314.65 270.10 Td (Acquisitions, our business and results of operations after ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 258.10 Td (completion of any of such ) Tj ET Q q 0 0 0 rg BT 156.37 258.10 Td (Acquisitions may be adversely af) Tj ET Q q 0 0 0 rg BT 289.48 258.10 Td (fected.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.41 258.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 238.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.15 238.10 Td (e face significant competition in the markets we serve.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 280.63 238.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 218.10 Td (The markets in which we operate are highly competitive. ) Tj ET Q q 0 0 0 rg BT 280.29 218.10 Td (W) Tj ET Q q 0 0 0 rg BT 288.93 218.10 Td (e compete worldwide with a number of other manufacturers and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 206.10 Td (distributors that produce and sell similar products. ) Tj ET Q q 0 0 0 rg BT 253.12 206.10 Td (W) Tj ET Q q 0 0 0 rg BT 261.75 206.10 Td (e primarily compete in the market with diesel engines and related diesel ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 194.10 Td (products; however) Tj ET Q q 0 0 0 rg BT 123.75 194.10 Td (, new technologies continue to be developed for gasoline, natural gas and other technologies and we will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 182.10 Td (continue to face new competition from these expanding technologies. Our products primarily compete on the basis of price, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 170.10 Td (performance, fuel economy) Tj ET Q q 0 0 0 rg BT 159.58 170.10 Td (, speed of delivery) Tj ET Q q 0 0 0 rg BT 232.79 170.10 Td (, quality and customer support. ) Tj ET Q q 0 0 0 rg BT 358.97 170.10 Td (W) Tj ET Q q 0 0 0 rg BT 367.61 170.10 Td (e also face competitors in some emer) Tj ET Q q 0 0 0 rg BT 515.71 170.10 Td (ging ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 158.10 Td (markets who have established local practices and long standing relationships with participants in these markets. ) Tj ET Q q 0 0 0 rg BT 498.59 158.10 Td (There can be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 146.10 Td (no assurance that our products will be able to compete successfully with the products of other companies and in other markets. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 134.10 Td (For a more complete discussion of the competitive environment in which each of our segments operates, see Operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 122.10 Td (Segments in Item 1 Business.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.37 122.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 43 0 obj <>] /Rotate 0 /Contents 44 0 R>> endobj 44 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (21) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Increasing global competition among our customers may af) Tj ET Q q 0 0 0 rg BT 295.67 742.25 Td (fect our existing customer relationships and restrict our ability ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (to benefit from some of our customers' growth.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 243.34 730.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (As our customers in emer) Tj ET Q q 0 0 0 rg BT 152.57 710.25 Td (ging markets continue to grow in size and scope, they are increasingly seeking to export their ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (products to other countries. ) Tj ET Q q 0 0 0 rg BT 161.74 698.25 Td (This has meant greater demand for our advanced engine technologies to help these customers meet ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 686.25 Td (the more stringent emissions requirements of developed markets, as well as greater demand for access to our distribution ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 674.25 Td (systems for purposes of equipment servicing. ) Tj ET Q q 0 0 0 rg BT 233.03 674.25 Td (As these emer) Tj ET Q q 0 0 0 rg BT 289.49 674.25 Td (ging market customers enter into and begin to compete in more ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 662.25 Td (developed markets, they may increasingly begin to compete with our existing customers in these markets. Our further aid to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 650.25 Td (emer) Tj ET Q q 0 0 0 rg BT 69.80 650.25 Td (ging market customers could adversely af) Tj ET Q q 0 0 0 rg BT 236.51 650.25 Td (fect our relationships with developed market customers and, as a result, we may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 638.25 Td (be pressured to restrict sale or support of some of our products in the areas of increased competition. In addition, to the extent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.25 Td (the competition does not correspond to overall growth in demand, we may see little or no benefit from this type of expansion ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 614.25 Td (by our emer) Tj ET Q q 0 0 0 rg BT 98.13 614.25 Td (ging market customers.) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 594.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.15 594.25 Td (e are exposed to, and may be adversely af) Tj ET Q q 0 0 0 rg BT 227.65 594.25 Td (fected by) Tj ET Q q 0 0 0 rg BT 263.64 594.25 Td (, information technology security threats and sophisticated "cyber ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 582.25 Td (attacks.") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.94 582.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 562.25 Td (e rely on our information technology systems and networks in connection with various of our business activities. Some of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (these networks and systems are managed by third party service providers and are not under our direct control. Our operations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (routinely involve receiving, storing, processing and transmitting sensitive information pertaining to our business, customers, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (dealers, suppliers, employees and other sensitive matters. Information technology security threats, including security breaches, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (computer malware and other cyber attacks are increasing in both frequency and sophistication. ) Tj ET Q q 0 0 0 rg BT 439.66 514.25 Td (These threats could create ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (financial liability) Tj ET Q q 0 0 0 rg BT 117.94 502.25 Td (, subject us to legal or regulatory sanctions or damage our reputation with customers, dealers, suppliers and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (other stakeholders. ) Tj ET Q q 0 0 0 rg BT 127.85 490.25 Td (W) Tj ET Q q 0 0 0 rg BT 136.49 490.25 Td (e continuously seek to maintain a robust program of information security and controls, but the impact of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (material information technology event could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 334.98 478.25 Td (fect on our competitive position, reputation, results of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (operations, financial condition and cash flow) Tj ET Q q 0 0 0 rg BT 229.30 466.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 446.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.15 446.25 Td (e are exposed to political, economic and other risks that arise from operating a multinational business.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 480.13 446.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 426.25 Td (Approximately 48 percent of our net sales for 2014 and 52 percent in 2013 were attributable to customers outside the U.S.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.76 426.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 414.25 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 99.34 414.25 Td (, our business is subject to the political, economic and other risks that are inherent in operating in numerous ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 402.25 Td (countries. ) Tj ET Q q 0 0 0 rg BT 91.47 402.25 Td (These risks include:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.46 402.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 382.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 382.25 Td (the dif) Tj ET Q q 0 0 0 rg BT 111.64 382.25 Td (ficulty of enforcing agreements and collecting receivables through foreign legal systems;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.63 382.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 364.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 364.25 Td (trade protection measures and import or export licensing requirements;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.80 364.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 346.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 346.25 Td (the imposition of taxes on foreign income and tax rates in certain foreign countries that exceed those in the U.S.;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 346.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 328.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 328.25 Td (the imposition of tarif) Tj ET Q q 0 0 0 rg BT 173.30 328.25 Td (fs, exchange controls or other restrictions;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.59 328.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 310.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 310.25 Td (dif) Tj ET Q q 0 0 0 rg BT 96.93 310.25 Td (ficulty in staf) Tj ET Q q 0 0 0 rg BT 150.07 310.25 Td (fing and managing widespread operations and the application of foreign labor regulations;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.79 310.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 292.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 292.25 Td (required compliance with a variety of foreign laws and regulations; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.01 292.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 274.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 274.25 Td (changes in general economic and political conditions in countries where we operate, particularly in emer) Tj ET Q q 0 0 0 rg BT 504.27 274.25 Td (ging markets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.71 274.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 254.25 Td (As we continue to operate our business globally) Tj ET Q q 0 0 0 rg BT 241.25 254.25 Td (, our success will depend, in part, on our ability to anticipate and ef) Tj ET Q q 0 0 0 rg BT 509.89 254.25 Td (fectively ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 242.25 Td (manage these and other related risks. ) Tj ET Q q 0 0 0 rg BT 200.04 242.25 Td (There can be no assurance that the consequences of these and other factors relating to our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 230.25 Td (multinational operations will not have a material adverse ef) Tj ET Q q 0 0 0 rg BT 287.51 230.25 Td (fect upon us.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.89 230.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 210.25 Td (Unanticipated changes in our ef) Tj ET Q q 0 0 0 rg BT 182.61 210.25 Td (fective tax rate, the adoption of new tax legislation or exposure to additional income tax ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 198.25 Td (liabilities could adversely af) Tj ET Q q 0 0 0 rg BT 164.52 198.25 Td (fect our profitability) Tj ET Q q 0 0 0 rg BT 246.92 198.25 Td (. ) Tj ET Q BT /F4 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 178.25 Td (e are subject to income taxes in the U.S. and numerous international jurisdictions. Our income tax provision and cash tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.25 Td (liability in the future could be adversely af) Tj ET Q q 0 0 0 rg BT 220.04 166.25 Td (fected by changes in the distribution of earnings in countries with dif) Tj ET Q q 0 0 0 rg BT 495.63 166.25 Td (fering statutory ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.25 Td (tax rates, changes in the valuation of deferred tax assets and liabilities, changes to our assertions regarding permanent re-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.25 Td (investment of our foreign earnings, changes in tax laws and the discovery of new information in the course of our tax return ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.25 Td (preparation process. ) Tj ET Q q 0 0 0 rg BT 132.84 130.25 Td (The carrying value of deferred tax assets, which are predominantly in the U.S., is dependent on our ability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.25 Td (to generate future taxable income in the U.S. ) Tj ET Q q 0 0 0 rg BT 231.42 118.25 Td (W) Tj ET Q q 0 0 0 rg BT 240.06 118.25 Td (e are also subject to ongoing tax audits. ) Tj ET Q q 0 0 0 rg BT 400.12 118.25 Td (These audits can involve complex ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.25 Td (issues, which may require an extended period of time to resolve and can be highly judgmental. ) Tj ET Q q 0 0 0 rg BT 430.82 106.25 Td (T) Tj ET Q q 0 0 0 rg BT 436.23 106.25 Td (ax authorities may disagree ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.25 Td (with certain tax reporting positions taken by us and, as a result, assess additional taxes against us. ) Tj ET Q q 0 0 0 rg BT 441.96 94.25 Td (W) Tj ET Q q 0 0 0 rg BT 450.60 94.25 Td (e regularly assess the likely ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.25 Td (outcomes of these audits in order to determine the appropriateness of our tax provision. ) Tj ET Q q 0 0 0 rg BT 401.67 82.25 Td (The amounts ultimately paid upon ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.25 Td (resolution of these or subsequent tax audits could be materially dif) Tj ET Q q 0 0 0 rg BT 315.86 70.25 Td (ferent from the amounts previously included in our income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 58.25 Td (tax provision and, therefore, could have a material impact on our tax provision.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.85 58.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 45 0 obj <>] /Rotate 0 /Contents 46 0 R>> endobj 46 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (22) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Our global operations are subject to laws and regulations that impose significant compliance costs and create reputational ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (and legal risk.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 108.62 730.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (Due to the international scope of our operations, we are subject to a complex system of commercial and trade regulations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (around the world. Recent years have seen an increase in the development and enforcement of laws regarding trade compliance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 686.25 Td (and anti-corruption such as the U.S. Foreign Corrupt Practices ) Tj ET Q q 0 0 0 rg BT 301.34 686.25 Td (Act and similar laws from other countries. Our numerous foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 674.25 Td (subsidiaries, af) Tj ET Q q 0 0 0 rg BT 109.80 674.25 Td (filiates and joint venture partners are governed by laws, rules and business practices that dif) Tj ET Q q 0 0 0 rg BT 476.45 674.25 Td (fer from those of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 662.25 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 70.10 662.25 Td (The activities of these entities may not comply with U.S. laws or business practices or our Code of Business Conduct. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 650.25 Td (V) Tj ET Q q 0 0 0 rg BT 56.62 650.25 Td (iolations of these laws may result in severe criminal or civil sanctions, could disrupt our business, and result in an adverse ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 638.25 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 638.25 Td (fect on our reputation, business and results of operations or financial condition. ) Tj ET Q q 0 0 0 rg BT 376.77 638.25 Td (W) Tj ET Q q 0 0 0 rg BT 385.41 638.25 Td (e cannot predict the nature, scope or ef) Tj ET Q q 0 0 0 rg BT 540.16 638.25 Td (fect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.25 Td (of future regulatory requirements to which our operations might be subject or the manner in which existing laws might be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 614.25 Td (administered or interpreted.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.79 614.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 594.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.15 594.25 Td (e face the challenge of accurately aligning our capacity with our demand.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 361.46 594.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 574.25 Td (e can experience capacity constraints and longer lead times for certain products in times of growing demand while we can ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (also experience idle capacity as economies slow or demand for certain products decline. ) Tj ET Q q 0 0 0 rg BT 404.31 562.25 Td (Accurately forecasting our expected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (volumes and appropriately adjusting our capacity have been, and will continue to be, important factors in determining our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (results of operations. ) Tj ET Q q 0 0 0 rg BT 135.91 538.25 Td (W) Tj ET Q q 0 0 0 rg BT 144.55 538.25 Td (e cannot guarantee that we will be able to increase manufacturing capacity to a level that meets demand ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (for our products, which could prevent us from meeting increased customer demand and could harm our business. However) Tj ET Q q 0 0 0 rg BT 540.85 526.25 Td (, if ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (we overestimate our demand and overbuild our capacity) Tj ET Q q 0 0 0 rg BT 273.99 514.25 Td (, we may have significantly underutilized assets and we may experience ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (reduced mar) Tj ET Q q 0 0 0 rg BT 99.51 502.25 Td (gins. If we do not accurately align our manufacturing capabilities with demand it could have a material adverse ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 490.25 Td (fect on our results of operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.00 490.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 470.25 Td (Our business is exposed to risks of product liability claims.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 291.13 470.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 450.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 450.25 Td (e face an inherent business risk of exposure to product liability claims in the event that our products' failure to perform to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 438.25 Td (specification results or is alleged to result in property damage, bodily injury and/or death. ) Tj ET Q q 0 0 0 rg BT 410.28 438.25 Td (W) Tj ET Q q 0 0 0 rg BT 418.92 438.25 Td (e may experience material product ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 426.25 Td (liability losses in the future. ) Tj ET Q q 0 0 0 rg BT 163.69 426.25 Td (While we maintain insurance coverage with respect to certain product liability claims, we may not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 414.25 Td (be able to obtain such insurance on acceptable terms in the future, if at all, and any such insurance may not provide adequate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 402.25 Td (coverage against product liability claims. In addition, product liability claims can be expensive to defend and can divert the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 390.25 Td (attention of management and other personnel for significant periods of time, regardless of the ultimate outcome. ) Tj ET Q q 0 0 0 rg BT 500.42 390.25 Td (An ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 378.25 Td (unsuccessful defense of a significant product liability claim could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 419.40 378.25 Td (fect upon us. In addition, even if ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 366.25 Td (we are successful in defending against a claim relating to our products, claims of this nature could cause our customers to lose ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 354.25 Td (confidence in our products and us.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.74 354.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 334.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.15 334.25 Td (e may need to write of) Tj ET Q q 0 0 0 rg BT 148.23 334.25 Td (f significant investments in our new North ) Tj ET Q q 0 0 0 rg BT 324.83 334.25 Td (American light-duty diesel engine platform if customer ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 322.25 Td (commitments deteriorate.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 154.43 322.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 302.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 302.25 Td (e began development of a new North ) Tj ET Q q 0 0 0 rg BT 208.31 302.25 Td (American light-duty diesel engine platform in July 2006 to be used in a variety of on- ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 290.25 Td (and of) Tj ET Q q 0 0 0 rg BT 75.09 290.25 Td (f-highway applications. Since that time, and as of December 31, 2014, we have capitalized investments of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 278.25 Td ($251 million. Market uncertainty due to the global recession resulted in some customers delaying or cancelling their vehicle ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 266.25 Td (programs, while others remained active. ) Tj ET Q q 0 0 0 rg BT 212.82 266.25 Td (W) Tj ET Q q 0 0 0 rg BT 221.46 266.25 Td (e reached an agreement to supply Nissan Motor Co. Ltd. with our light-duty diesel ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 254.25 Td (engine beginning in 2015, however) Tj ET Q q 0 0 0 rg BT 190.96 254.25 Td (, if customer expectations or volume projections deteriorate from our current expected levels ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 242.25 Td (and we do not identify new customers, we may need to recognize an impairment char) Tj ET Q q 0 0 0 rg BT 391.65 242.25 Td (ge.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.58 242.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 222.25 Td (Our operations are subject to increasingly stringent environmental laws and regulations.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 415.33 222.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.25 Td (Our plants and operations are subject to increasingly stringent environmental laws and regulations in all of the countries in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.25 Td (which we operate, including laws and regulations governing air emission, dischar) Tj ET Q q 0 0 0 rg BT 375.84 190.25 Td (ges to water and the generation, handling, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.25 Td (storage, transportation, treatment and disposal of waste materials. ) Tj ET Q q 0 0 0 rg BT 314.46 178.25 Td (While we believe that we are in compliance in all material ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.25 Td (respects with these environmental laws and regulations, there can be no assurance that we will not be adversely impacted by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.25 Td (costs, liabilities or claims with respect to existing or subsequently acquired operations, under either present laws and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.25 Td (regulations or those that may be adopted or imposed in the future. ) Tj ET Q q 0 0 0 rg BT 315.59 142.25 Td (W) Tj ET Q q 0 0 0 rg BT 324.22 142.25 Td (e are also subject to laws requiring the cleanup of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.25 Td (contaminated property) Tj ET Q q 0 0 0 rg BT 139.59 130.25 Td (. If a release of hazardous substances occurs at or from any of our current or former properties or at a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.25 Td (landfill or another location where we have disposed of hazardous materials, we may be held liable for the contamination and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.25 Td (the amount of such liability could be material.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.39 106.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 47 0 obj <>] /Rotate 0 /Contents 48 0 R>> endobj 48 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (23) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.15 742.25 Td (e are subject to foreign currency exchange rate and other related risks.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 349.80 742.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 722.25 Td (e conduct operations in many areas of the world involving transactions denominated in a variety of currencies. ) Tj ET Q q 0 0 0 rg BT 502.76 722.25 Td (W) Tj ET Q q 0 0 0 rg BT 511.40 722.25 Td (e are subject ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (to foreign currency exchange rate risk to the extent that our costs are denominated in currencies other than those in which we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (earn revenues. In addition, since our financial statements are denominated in U.S. dollars, changes in foreign currency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 686.25 Td (exchange rates between the U.S. dollar and other currencies have had, and will continue to have, an impact on our results of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 674.25 Td (operations. ) Tj ET Q q 0 0 0 rg BT 96.47 674.25 Td (While we customarily enter into financial transactions that attempt to address these risks and many of our supply ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 662.25 Td (agreements with customers include foreign currency exchange rate adjustment provisions, there can be no assurance that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 650.25 Td (foreign currency exchange rate fluctuations will not adversely af) Tj ET Q q 0 0 0 rg BT 308.04 650.25 Td (fect our results of operations. In addition, while the use of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 638.25 Td (currency hedging instruments may provide us with some protection from adverse fluctuations in foreign currency exchange ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.25 Td (rates, by utilizing these instruments we potentially forego the benefits that might result from favorable fluctuations in foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 614.25 Td (currency exchange rates. ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 590.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 590.25 Td (e also face risks arising from the imposition of foreign exchange controls and currency devaluations. Foreign exchange ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 578.25 Td (controls may limit our ability to convert foreign currencies into U.S. dollars or to remit dividends and other payments by our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.25 Td (foreign subsidiaries or businesses located in or conducted within a country imposing controls. Currency devaluations result in a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 554.25 Td (diminished value of funds denominated in the currency of the country instituting the devaluation. ) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 534.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.15 534.25 Td (e are exposed to risks arising from the price and availability of energy) Tj ET Q q 0 0 0 rg BT 344.98 534.25 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 347.48 534.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (The level of demand for our products and services is influenced in multiple ways by the price and availability of ener) Tj ET Q q 0 0 0 rg BT 518.55 514.25 Td (gy) Tj ET Q q 0 0 0 rg BT 527.91 514.25 Td (. High ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (ener) Tj ET Q q 0 0 0 rg BT 67.03 502.25 Td (gy costs generally drive greater demand for better fuel economy in almost all countries in which we operate. Some of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (engine products have been developed with a primary purpose of of) Tj ET Q q 0 0 0 rg BT 316.95 490.25 Td (fering fuel economy improvements, and if ener) Tj ET Q q 0 0 0 rg BT 505.32 490.25 Td (gy costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (decrease or increase less than expected, demand for these products may likewise decrease. ) Tj ET Q q 0 0 0 rg BT 413.82 478.25 Td (The relative unavailability of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (electricity in some emer) Tj ET Q q 0 0 0 rg BT 146.17 466.25 Td (ging market countries also influences demand for our electricity generating products, such as our diesel ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (generators. If these countries add ener) Tj ET Q q 0 0 0 rg BT 201.97 454.25 Td (gy capacity by expanding their power grids at a rate equal to or faster than the growth in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.25 Td (demand for ener) Tj ET Q q 0 0 0 rg BT 115.34 442.25 Td (gy) Tj ET Q q 0 0 0 rg BT 124.69 442.25 Td (, the demand for our generating products could also decrease or increase less than would otherwise be the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (case.) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 410.25 Td (Significant declines in future financial and stock market conditions could diminish our pension plan asset performance and ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 398.25 Td (adversely impact our results of operations, financial condition and cash flow) Tj ET Q q 0 0 0 rg BT 364.93 398.25 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 367.43 398.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 378.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 378.25 Td (e sponsor both funded and unfunded domestic and foreign defined benefit pension and other retirement plans. Our pension ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 366.25 Td (cost and the required contributions to our pension plans are directly af) Tj ET Q q 0 0 0 rg BT 330.01 366.25 Td (fected by the value of plan assets, the projected and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 354.25 Td (actual rates of return on plan assets and the actuarial assumptions we use to measure our defined benefit pension plan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 342.25 Td (obligations, including the discount rate at which future projected and accumulated pension obligations are discounted to a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 330.25 Td (present value. ) Tj ET Q q 0 0 0 rg BT 107.85 330.25 Td (W) Tj ET Q q 0 0 0 rg BT 116.49 330.25 Td (e could experience increased pension cost due to a combination of factors, including the decreased investment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 318.25 Td (performance of pension plan assets, decreases in the discount rate and changes in our assumptions relating to the expected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 306.25 Td (return on plan assets.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 282.25 Td (Significant declines in future financial and stock market conditions could cause material losses in our pension plan assets, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 270.25 Td (which could result in increased pension cost in future years and adversely impact our results of operations, financial condition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 258.25 Td (and cash flow) Tj ET Q q 0 0 0 rg BT 104.89 258.25 Td (. Depending upon the severity of market declines and government regulatory changes, we may be legally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 246.25 Td (obligated to make pension payments in the U.S. and perhaps other countries and these contributions could be material.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.77 246.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 226.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.15 226.25 Td (e may be adversely impacted by work stoppages and other labor matters.) Tj ET Q BT /F4 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 206.25 Td (As of December 31, 2014, we employed approximately 54,600 persons worldwide. ) Tj ET Q q 0 0 0 rg BT 384.65 206.25 Td (Approximately 17,680 of our employees ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 194.25 Td (worldwide are represented by various unions under collective bar) Tj ET Q q 0 0 0 rg BT 311.39 194.25 Td (gaining agreements that expire between 2015 and 2019.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.65 194.25 Td ( ) Tj ET Q q 0 0 0 rg BT 536.97 194.25 Td (While ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 182.25 Td (we have no reason to believe that we will be materially impacted by work stoppages or other labor matters, there can be no ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 170.25 Td (assurance that future issues with our labor unions will be resolved favorably or that we will not encounter future strikes, work ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 158.25 Td (stoppages, or other types of conflicts with labor unions or our employees. ) Tj ET Q q 0 0 0 rg BT 346.05 158.25 Td (Any of these consequences may have an adverse ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 146.25 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 146.25 Td (fect on us or may limit our flexibility in dealing with our workforce. In addition, many of our customers and suppliers have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 134.25 Td (unionized work forces. ) Tj ET Q q 0 0 0 rg BT 144.23 134.25 Td (W) Tj ET Q q 0 0 0 rg BT 152.87 134.25 Td (ork stoppages or slow-downs experienced by our customers or suppliers could result in slow-downs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 122.25 Td (or closures that would have a material adverse ef) Tj ET Q q 0 0 0 rg BT 245.29 122.25 Td (fect on our results of operations, financial condition and cash flow) Tj ET Q q 0 0 0 rg BT 509.84 122.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.34 122.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 49 0 obj <>] /Rotate 0 /Contents 50 0 R>> endobj 50 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (24) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Our financial statements are subject to changes in accounting standards that could adversely impact our profitability or ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (financial position.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 125.01 730.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (Our financial statements are subject to the application of accounting principles generally accepted in the United States of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (America \(GAAP\), which are periodically revised and/or expanded. ) Tj ET Q q 0 0 0 rg BT 319.90 698.25 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 369.24 698.25 Td (, from time to time we are required to adopt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 686.25 Td (new or revised accounting standards issued by recognized authoritative bodies, including the Financial ) Tj ET Q q 0 0 0 rg BT 462.67 686.25 Td (Accounting Standards ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 674.25 Td (Board. Recently) Tj ET Q q 0 0 0 rg BT 114.33 674.25 Td (, accounting standard setters issued new guidance which further interprets or seeks to revise accounting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 662.25 Td (pronouncements related to revenue recognition and lease accounting as well as to issue new standards expanding disclosures. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 650.25 Td (The impact of accounting pronouncements that have been issued but not yet implemented is disclosed in our annual and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 638.25 Td (quarterly reports on Form 10-K and Form 10-Q. ) Tj ET Q q 0 0 0 rg BT 244.69 638.25 Td (An assessment of proposed standards is not provided, as such proposals are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.25 Td (subject to change through the exposure process and, therefore, their ef) Tj ET Q q 0 0 0 rg BT 330.27 626.25 Td (fects on our financial statements cannot be meaningfully ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 614.25 Td (assessed. It is possible that future accounting standards we are required to adopt could change the current accounting treatment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 602.25 Td (that we apply to our consolidated financial statements and that such changes could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 486.60 602.25 Td (fect on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 590.25 Td (reported results of operations and financial position.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.55 590.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (ITEM 1B.Unr) Tj ET Q q 0 0 0 rg BT 120.38 562.25 Td (esolved Staff Comments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 542.25 Td (None.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 51 0 obj <>] /Rotate 0 /Contents 52 0 R>> endobj 52 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (25) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (ITEM 2.Pr) Tj ET Q q 0 0 0 rg BT 107.04 742.25 Td (operties) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (Manufacturing Facilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 702.25 Td (Our principal manufacturing facilities include our plants used by the following segments in the following locations:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 677.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 133.50 677.75 9.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 142.50 677.75 198.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 677.75 10.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 677.75 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 647.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 133.50 647.75 9.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 142.50 647.75 198.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 647.75 10.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 647.75 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 617.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 133.50 617.75 9.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 142.50 617.75 198.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 617.75 10.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 617.75 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 572.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 133.50 572.75 9.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 142.50 572.75 198.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 572.75 10.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 572.75 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 542.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 133.50 542.75 9.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 142.50 542.75 198.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 542.75 10.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 542.75 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 512.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 133.50 512.75 9.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 142.50 512.75 198.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 512.75 10.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 512.75 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 482.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 133.50 482.75 9.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 142.50 482.75 198.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 482.75 10.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 482.75 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 452.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 133.50 452.75 9.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 142.50 452.75 198.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 452.75 10.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 452.75 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 422.75 84.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 133.50 422.75 9.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 142.50 422.75 198.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 422.75 10.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 422.75 211.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 377.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 133.50 377.75 9.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 142.50 377.75 198.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 377.75 10.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 377.75 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 347.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 133.50 347.75 9.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 142.50 347.75 198.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 347.75 10.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 347.75 211.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 317.75 84.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 133.50 317.75 9.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 142.50 317.75 198.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 317.75 10.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 317.75 211.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 677.75 m 133.5 677.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 142.5 677.75 m 340.5 677.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 677.75 m 561.5 677.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.50 682.20 Td (Segment) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 137.50 682.20 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 214.60 682.20 Td (U.S. Facilities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 345.00 682.20 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 405.85 682.20 Td (Facilities Outside the U.S.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 52.00 668.82 Td (Engine) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 668.32 Td () Tj ET Q BT /F2 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 145.00 675.25 34.85 -8.48 re f /GS0 gs q 0 0 0 rg BT 145.00 668.82 Td (Indiana:) Tj ET Q BT /F1 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 179.85 675.40 80.49 -8.48 re f /GS0 gs q 0 0 0 rg BT 179.85 668.82 Td ( Columbus, Seymour) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 343.00 668.66 Td () Tj ET Q BT /F2 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 353.00 675.25 27.96 -8.48 re f /GS0 gs q 0 0 0 rg BT 353.00 668.82 Td (Brazil:) Tj ET Q BT /F1 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 380.96 675.40 40.64 -8.48 re f /GS0 gs q 0 0 0 rg BT 380.96 668.82 Td ( Sao Paulo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 653.32 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 145.00 653.82 Td (T) Tj ET Q q 0 0 0 rg BT 150.46 653.82 Td (ennessee:) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 188.46 653.82 Td ( Memphis) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 343.00 653.66 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 353.00 653.82 Td (India:) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 377.82 653.82 Td ( Pune, Phaltan) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 638.32 Td () Tj ET Q BT /F2 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 145.00 645.25 53.02 -8.48 re f /GS0 gs q 0 0 0 rg BT 145.00 638.82 Td (New Mexico:) Tj ET Q BT /F1 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 198.02 645.40 27.19 -8.48 re f /GS0 gs q 0 0 0 rg BT 198.02 638.82 Td ( Clovis) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 343.00 638.66 Td () Tj ET Q BT /F2 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 353.00 645.25 32.70 -8.48 re f /GS0 gs q 0 0 0 rg BT 353.00 638.82 Td (Mexico:) Tj ET Q BT /F1 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 385.70 645.40 62.03 -8.48 re f /GS0 gs q 0 0 0 rg BT 385.70 638.82 Td ( San Luis Potosi) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 623.32 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 145.00 623.82 Td (New ) Tj ET Q q 0 0 0 rg BT 164.96 623.82 Td (Y) Tj ET Q q 0 0 0 rg BT 170.77 623.82 Td (ork:) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 188.18 623.82 Td ( Lakewood) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 343.00 623.66 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 353.00 623.82 Td (U.K.:) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 375.16 623.82 Td ( Darlington, Daventry) Tj ET Q q 0 0 0 rg BT 458.18 623.82 Td (, Cumbernauld) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 608.32 Td () Tj ET Q BT /F2 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 145.00 615.25 65.53 -8.48 re f /GS0 gs q 0 0 0 rg BT 145.00 608.82 Td (North Car) Tj ET Q q 0 0 0 rg BT 187.31 608.82 Td (olina:) Tj ET Q BT /F1 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 210.53 615.40 41.24 -8.48 re f /GS0 gs q 0 0 0 rg BT 210.53 608.82 Td ( ) Tj ET Q q 0 0 0 rg BT 212.74 608.82 Td (Whitakers) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 343.00 608.66 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 52.00 577.32 Td (Components) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 577.42 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 145.00 577.32 Td (Indiana:) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 179.85 577.32 Td ( Columbus) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 343.00 577.31 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 353.00 577.32 Td (Australia:) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 394.17 577.32 Td ( Kilsyth) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 563.32 Td () Tj ET Q BT /F2 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 145.00 570.25 65.02 -8.48 re f /GS0 gs q 0 0 0 rg BT 145.00 563.82 Td (South Car) Tj ET Q q 0 0 0 rg BT 186.80 563.82 Td (olina:) Tj ET Q BT /F1 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 210.02 570.40 43.54 -8.48 re f /GS0 gs q 0 0 0 rg BT 210.02 563.82 Td ( Charleston) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 343.00 563.66 Td () Tj ET Q BT /F2 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 353.00 570.25 27.96 -8.48 re f /GS0 gs q 0 0 0 rg BT 353.00 563.82 Td (Brazil:) Tj ET Q BT /F1 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 380.96 570.40 40.64 -8.48 re f /GS0 gs q 0 0 0 rg BT 380.96 563.82 Td ( Sao Paulo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 548.32 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 145.00 548.82 Td (T) Tj ET Q q 0 0 0 rg BT 150.46 548.82 Td (ennessee:) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 188.46 548.82 Td ( Cookeville) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 343.00 548.66 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 353.00 548.82 Td (China:) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 380.98 548.82 Td ( Beijing, Shanghai, ) Tj ET Q q 0 0 0 rg BT 456.01 548.82 Td (W) Tj ET Q q 0 0 0 rg BT 464.60 548.82 Td (uxi, ) Tj ET Q q 0 0 0 rg BT 481.32 548.82 Td (W) Tj ET Q q 0 0 0 rg BT 489.91 548.82 Td (uhan) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 533.32 Td () Tj ET Q BT /F2 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 145.00 540.25 44.70 -8.48 re f /GS0 gs q 0 0 0 rg BT 145.00 533.82 Td (W) Tj ET Q q 0 0 0 rg BT 154.33 533.82 Td (isconsin:) Tj ET Q BT /F1 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 189.70 540.40 99.22 -8.48 re f /GS0 gs q 0 0 0 rg BT 189.70 533.82 Td ( Mineral Point, Neillsville) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 343.00 533.66 Td () Tj ET Q BT /F2 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 353.00 540.25 31.65 -8.48 re f /GS0 gs q 0 0 0 rg BT 353.00 533.82 Td (France:) Tj ET Q BT /F1 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 384.65 540.40 36.15 -8.48 re f /GS0 gs q 0 0 0 rg BT 384.65 533.82 Td ( Quimper) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 518.32 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 343.00 518.66 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 353.00 518.82 Td (Germany:) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 394.68 518.82 Td ( Marktheidenfeld) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 503.32 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 145.00 503.66 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 343.00 503.66 Td () Tj ET Q BT /F2 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 353.00 510.25 24.82 -8.48 re f /GS0 gs q 0 0 0 rg BT 353.00 503.82 Td (India:) Tj ET Q BT /F1 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 377.82 510.40 136.56 -8.48 re f /GS0 gs q 0 0 0 rg BT 377.82 503.82 Td ( Pune, Dewas, Pithampur) Tj ET Q q 0 0 0 rg BT 473.75 503.82 Td (, Rudrapur) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 488.32 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 145.00 488.66 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 343.00 488.66 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 353.00 488.82 Td (Mexico:) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 385.70 488.82 Td ( Ciudad Juarez, San Luis Potosi) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 473.32 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 145.00 473.66 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 343.00 473.66 Td () Tj ET Q BT /F2 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 353.00 480.25 54.63 -8.48 re f /GS0 gs q 0 0 0 rg BT 353.00 473.82 Td (South ) Tj ET Q q 0 0 0 rg BT 378.62 473.82 Td (Africa:) Tj ET Q BT /F1 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 407.63 480.40 66.04 -8.48 re f /GS0 gs q 0 0 0 rg BT 407.63 473.82 Td ( Pietermaritzbur) Tj ET Q q 0 0 0 rg BT 468.92 473.82 Td (g) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 458.32 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 145.00 458.66 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 343.00 458.66 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 353.00 458.82 Td (South Kor) Tj ET Q q 0 0 0 rg BT 395.32 458.82 Td (ea:) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 407.45 458.82 Td ( Suwon) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 443.32 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 145.00 443.66 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 343.00 443.66 Td () Tj ET Q BT /F2 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 353.00 450.25 32.38 -8.48 re f /GS0 gs q 0 0 0 rg BT 353.00 443.82 Td (T) Tj ET Q q 0 0 0 rg BT 358.46 443.82 Td (urkey:) Tj ET Q BT /F1 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 385.38 450.40 22.43 -8.48 re f /GS0 gs q 0 0 0 rg BT 385.38 443.82 Td ( Ismir) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 428.32 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 145.00 428.66 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 343.00 428.66 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 353.00 428.82 Td (U.K.:) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 375.16 428.82 Td ( Darlington, Huddersfield) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 52.00 397.32 Td (Power Generation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 397.42 Td () Tj ET Q BT /F2 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 145.00 403.75 34.85 -8.48 re f /GS0 gs q 0 0 0 rg BT 145.00 397.32 Td (Indiana:) Tj ET Q BT /F1 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 179.85 403.90 30.34 -8.48 re f /GS0 gs q 0 0 0 rg BT 179.85 397.32 Td ( Elkhart) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 343.00 397.31 Td () Tj ET Q BT /F2 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 353.00 403.75 27.96 -8.48 re f /GS0 gs q 0 0 0 rg BT 353.00 397.32 Td (Brazil:) Tj ET Q BT /F1 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 380.96 403.90 40.64 -8.48 re f /GS0 gs q 0 0 0 rg BT 380.96 397.32 Td ( Sao Paulo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 383.32 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 145.00 383.82 Td (Minnesota:) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 190.92 383.82 Td ( Fridley) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 343.00 383.66 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 353.00 383.82 Td (China:) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 380.98 383.82 Td ( ) Tj ET Q q 0 0 0 rg BT 383.19 383.82 Td (W) Tj ET Q q 0 0 0 rg BT 391.77 383.82 Td (uxi, ) Tj ET Q q 0 0 0 rg BT 408.49 383.82 Td (W) Tj ET Q q 0 0 0 rg BT 417.08 383.82 Td (uhan) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 368.32 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 145.00 368.66 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 343.00 368.66 Td () Tj ET Q BT /F2 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 353.00 375.25 41.68 -8.48 re f /GS0 gs q 0 0 0 rg BT 353.00 368.82 Td (Germany:) Tj ET Q BT /F1 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 394.68 375.40 40.37 -8.48 re f /GS0 gs q 0 0 0 rg BT 394.68 368.82 Td ( Ingolstadt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 353.32 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 145.00 353.66 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 343.00 353.66 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 353.00 353.82 Td (India:) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 377.82 353.82 Td ( Pirangut, ) Tj ET Q q 0 0 0 rg BT 416.61 353.82 Td (Ahmendnagar) Tj ET Q q 0 0 0 rg BT 470.05 353.82 Td (, Ranjangaon, Phaltan) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 338.32 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 145.00 338.66 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 343.00 338.66 Td () Tj ET Q BT /F2 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 353.00 345.25 32.70 -8.48 re f /GS0 gs q 0 0 0 rg BT 353.00 338.82 Td (Mexico:) Tj ET Q BT /F1 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 385.70 345.40 62.03 -8.48 re f /GS0 gs q 0 0 0 rg BT 385.70 338.82 Td ( San Luis Potosi) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 323.32 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 145.00 323.66 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 343.00 323.66 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 353.00 323.82 Td (Romania:) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 393.11 323.82 Td ( Craiova) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 308.32 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 145.00 308.66 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 343.00 308.66 Td () Tj ET Q BT /F2 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 353.00 315.25 22.16 -8.48 re f /GS0 gs q 0 0 0 rg BT 353.00 308.82 Td (U.K.:) Tj ET Q BT /F1 9.50 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 375.16 315.40 111.96 -8.48 re f /GS0 gs q 0 0 0 rg BT 375.16 308.82 Td ( Mar) Tj ET Q q 0 0 0 rg BT 393.20 308.82 Td (gate, Manston, Stamford) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 353.00 293.82 Td (Nigeria:) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 386.24 293.82 Td ( Lagos) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 268.25 Td (In addition, engines and engine components are manufactured by joint ventures or independent licensees at manufacturing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 256.25 Td (plants in the U.S., China, India, South Korea, Mexico and Sweden.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 53 0 obj <>] /Rotate 0 /Contents 54 0 R>> endobj 54 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (26) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Distribution Facilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (The principal distribution facilities used by our Distribution and Engine segments are located in the following locations:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 76.00 697.75 90.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 166.00 697.75 9.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 175.00 697.75 190.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.00 697.75 10.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 697.75 160.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 76.00 669.75 90.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 166.00 669.75 9.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 175.00 669.75 190.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.00 669.75 10.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 669.75 160.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 76.00 641.75 90.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 166.00 641.75 9.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 175.00 641.75 190.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.00 641.75 10.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 641.75 160.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 76.00 613.75 90.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 166.00 613.75 9.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 175.00 613.75 190.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.00 613.75 10.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 613.75 160.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 76.00 585.75 90.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 166.00 585.75 9.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 175.00 585.75 190.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.00 585.75 10.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 585.75 160.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 76.00 557.75 90.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 166.00 557.75 9.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 175.00 557.75 190.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.00 557.75 10.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 557.75 160.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 76.00 529.75 90.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 166.00 529.75 9.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 175.00 529.75 190.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.00 529.75 10.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 529.75 160.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 76.00 501.75 90.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 166.00 501.75 9.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 175.00 501.75 190.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.00 501.75 10.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 501.75 160.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 76.00 473.75 90.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 166.00 473.75 9.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 175.00 473.75 190.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.00 473.75 10.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 473.75 160.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 76.00 445.75 90.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 166.00 445.75 9.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 175.00 445.75 190.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.00 445.75 10.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 445.75 160.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 76.00 417.75 90.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 166.00 417.75 9.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 175.00 417.75 190.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.00 417.75 10.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 417.75 160.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 76.00 389.75 90.00 -30.00 re f /GS0 gs 0.8 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459.03 674.43 Td (, Montreal) Tj ET Q BT /F2 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 177.50 667.25 43.33 -8.93 re f /GS0 gs q 0 0 0 rg BT 177.50 660.48 Td (Colorado:) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 220.83 667.41 113.77 -8.93 re f /GS0 gs q 0 0 0 rg BT 220.83 660.48 Td ( Commerce City) Tj ET Q q 0 0 0 rg BT 286.28 660.48 Td (, Henderson) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.50 660.32 Td () Tj ET Q BT /F2 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 667.25 43.88 -8.93 re f /GS0 gs q 0 0 0 rg BT 377.50 660.48 Td (Germany:) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 421.38 667.41 52.76 -8.93 re f /GS0 gs q 0 0 0 rg BT 421.38 660.48 Td ( Gross Gerau) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 177.50 646.48 Td (Florida: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.00 646.48 Td (Orlando) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.50 646.48 Td (India:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.62 646.48 Td ( 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Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 177.50 611.25 34.45 -8.93 re f /GS0 gs q 0 0 0 rg BT 177.50 604.48 Td (Kansas:) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 211.95 611.41 33.57 -8.93 re f /GS0 gs q 0 0 0 rg BT 211.95 604.48 Td ( ) Tj ET Q q 0 0 0 rg BT 214.27 604.48 Td (W) Tj ET Q q 0 0 0 rg BT 223.31 604.48 Td (ichita) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.50 604.32 Td () Tj ET Q BT /F2 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 611.20 40.83 -8.93 re f /GS0 gs q 0 0 0 rg BT 377.50 604.43 Td (Panama: ) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 418.33 611.36 51.38 -8.93 re f /GS0 gs q 0 0 0 rg BT 418.33 604.43 Td (Panama City) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 177.50 590.48 Td (Louisiana: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.57 590.48 Td (Kenner) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.50 590.48 Td (Russia:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.17 590.48 Td ( Moscow) Tj ET Q BT /F2 10.00 Tf 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0 0 rg BT 408.34 534.48 Td (Arab Emirates:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.27 534.48 Td ( Dubai) Tj ET Q BT /F2 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 177.50 527.25 44.44 -8.93 re f /GS0 gs q 0 0 0 rg BT 177.50 520.48 Td (Nebraska:) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 221.94 527.41 31.38 -8.93 re f /GS0 gs q 0 0 0 rg BT 221.94 520.48 Td ( Omaha) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.50 520.32 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 177.50 506.48 Td (New Mexico: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.81 506.48 Td (Farmington) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.50 506.32 Td () Tj ET Q BT /F2 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 177.50 499.25 45.45 -8.93 re f /GS0 gs q 0 0 0 rg BT 177.50 492.48 Td (New ) Tj ET Q q 0 0 0 rg BT 198.51 492.48 Td (Y) Tj ET Q q 0 0 0 rg BT 204.62 492.48 Td (ork:) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 222.95 499.41 27.50 -8.93 re f /GS0 gs q 0 0 0 rg BT 222.95 492.48 Td ( Bronx) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.50 492.32 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 177.50 478.48 Td (Ohio: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.45 478.48 Td (Hilliard) Tj ET Q BT /F2 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 177.50 471.25 50.84 -8.93 re f /GS0 gs q 0 0 0 rg BT 177.50 464.48 Td (Oklahoma: ) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 228.34 471.41 61.38 -8.93 re f /GS0 gs q 0 0 0 rg BT 228.34 464.48 Td (Oklahoma City) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 177.50 450.48 Td (Or) Tj ET Q q 0 0 0 rg BT 189.54 450.48 Td (egon:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.87 450.48 Td ( Portland) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.50 450.32 Td () Tj ET Q BT /F2 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 177.50 443.25 60.01 -8.93 re f /GS0 gs q 0 0 0 rg BT 177.50 436.48 Td (Pennsylvania:) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 237.51 443.41 77.87 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(India:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.12 260.48 Td ( Pune) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 246.48 Td (Washington, D.C.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.00 246.32 Td () Tj ET Q BT /F2 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 253.25 23.33 -8.93 re f /GS0 gs q 0 0 0 rg BT 321.00 246.48 Td (U.K.:) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 344.33 253.41 71.94 -8.93 re f /GS0 gs q 0 0 0 rg BT 344.33 246.48 Td ( Staines, Stockton) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 55 0 obj <>] /Rotate 0 /Contents 56 0 R>> endobj 56 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (27) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (ITEM 3.Legal Pr) Tj ET Q q 0 0 0 rg BT 133.42 742.25 Td (oceedings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 722.25 Td (e are subject to numerous lawsuits and claims arising out of the ordinary course of our business, including actions related to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (product liability; personal injury; the use and performance of our products; warranty matters; patent, trademark or other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (intellectual property infringement; contractual liability; the conduct of our business; tax reporting in foreign jurisdictions; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 686.25 Td (distributor termination; workplace safety; and environmental matters. ) Tj ET Q q 0 0 0 rg BT 330.29 686.25 Td (W) Tj ET Q q 0 0 0 rg BT 338.93 686.25 Td (e also have been identified as a potentially responsible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 674.25 Td (party at multiple waste disposal sites under U.S. federal and related state environmental statutes and regulations and may have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 662.25 Td (joint and several liability for any investigation and remediation costs incurred with respect to such sites.) Tj ET Q q 0 0 0 rg BT 467.77 662.25 Td (W) Tj ET Q q 0 0 0 rg BT 476.41 662.25 Td (e have denied ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 650.25 Td (liability with respect to many of these lawsuits, claims and proceedings and are vigorously defending such lawsuits, claims and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 638.25 Td (proceedings.) Tj ET Q q 0 0 0 rg BT 103.13 638.25 Td (W) Tj ET Q q 0 0 0 rg BT 111.77 638.25 Td (e carry various forms of commercial, property and casualty) Tj ET Q q 0 0 0 rg BT 347.97 638.25 Td (, product liability and other forms of insurance; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.25 Td (however) Tj ET Q q 0 0 0 rg BT 84.03 626.25 Td (, such insurance may not be applicable or adequate to cover the costs associated with a judgment against us with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 614.25 Td (respect to these lawsuits, claims and proceedings.) Tj ET Q q 0 0 0 rg BT 250.60 614.25 Td (W) Tj ET Q q 0 0 0 rg BT 259.23 614.25 Td (e do not believe that these lawsuits are material individually or in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 602.25 Td (aggregate.) Tj ET Q q 0 0 0 rg BT 93.68 602.25 Td (While we believe we have also established adequate accruals for our expected future liability with respect to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 590.25 Td (pending lawsuits, claims and proceedings, where the nature and extent of any such liability can be reasonably estimated based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 578.25 Td (upon then presently available information, there can be no assurance that the final resolution of any existing or future lawsuits, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.25 Td (claims or proceedings will not have a material adverse ef) Tj ET Q q 0 0 0 rg BT 277.78 566.25 Td (fect on our business, results of operations, financial condition or cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 554.25 Td (flows.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.72 554.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 534.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 534.25 Td (e conduct significant business operations in Brazil that are subject to the Brazilian federal, state and local labor) Tj ET Q q 0 0 0 rg BT 501.97 534.25 Td (, social ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 522.25 Td (security) Tj ET Q q 0 0 0 rg BT 81.01 522.25 Td (, tax and customs laws.) Tj ET Q q 0 0 0 rg BT 176.09 522.25 Td (While we believe we comply with such laws, they are complex, subject to varying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 510.25 Td (interpretations and we are often engaged in litigation regarding the application of these laws to particular circumstances.) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 482.25 Td (ITEM 4.Mine Safety Disclosur) Tj ET Q q 0 0 0 rg BT 190.37 482.25 Td (es) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 462.25 Td (Not ) Tj ET Q q 0 0 0 rg BT 66.95 462.25 Td (Applicable.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 57 0 obj <>] /Rotate 0 /Contents 58 0 R>> endobj 58 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (28) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.85 742.25 Td (P) Tj ET Q q 0 0 0 rg BT 293.22 742.25 Td (AR) Tj ET Q q 0 0 0 rg BT 307.31 742.25 Td (T) Tj ET Q q 0 0 0 rg BT 313.80 742.25 Td ( II) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 714.25 Td (ITEM 5.Market for) Tj ET Q q 0 0 0 rg BT 143.96 714.25 Td ( Registrant's Common Equity) Tj ET Q q 0 0 0 rg BT 270.92 714.25 Td (, Related Stockholder) Tj ET Q q 0 0 0 rg BT 362.68 714.25 Td ( Matters and Issuer) Tj ET Q q 0 0 0 rg BT 446.10 714.25 Td ( Pur) Tj ET Q q 0 0 0 rg BT 464.53 714.25 Td (chases of Equity ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 702.25 Td (Securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (\(a\)Our common stock is listed on the NYSE under the symbol "CMI." For information about the quoted market prices of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (common stock, information regarding dividend payments and the number of common stock shareholders, see "Selected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (Quarterly Financial Data" in this report. For other matters related to our common stock and shareholders' equity) Tj ET Q q 0 0 0 rg BT 496.50 658.25 Td (, see Note) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.71 658.25 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.71 658.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.08 646.25 Td (SHAREHOLDERS' EQUITY) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.20 646.25 Td (," to the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 207.28 646.25 Td (Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.82 646.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.25 Td (\(b\)Use of proceedsnot applicable.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 606.25 Td (\(c\)) Tj ET Q q 0 0 0 rg BT 68.42 606.25 Td (The following information is provided pursuant to Item703 of RegulationS-K:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 62.00 530.75 164.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 226.00 530.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 230.00 530.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.00 530.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.00 530.75 61.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.00 530.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.00 530.75 96.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.00 530.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.00 530.75 95.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 62.00 502.75 164.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 226.00 502.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 230.00 502.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.00 502.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.00 502.75 61.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.00 502.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.00 502.75 96.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.00 502.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.00 502.75 95.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230 574.75 m 285 574.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285 574.75 m 289 574.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289 574.75 m 350 574.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 574.75 m 354 574.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354 574.75 m 450 574.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450 574.75 m 454 574.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 574.75 m 549 574.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230 530.75 m 285 530.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289 530.75 m 350 530.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354 530.75 m 450 530.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454 530.75 m 549 530.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230 488.75 m 285 488.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230 475.75 m 285 475.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230 473.75 m 285 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354 488.75 m 450 488.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354 475.75 m 450 475.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354 473.75 m 450 473.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 64.50 578.48 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 325.80 578.98 Td (Issuer Purchases of Equity Securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 64.50 534.98 Td (Period) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.65 558.98 Td (\(a\) ) Tj ET Q q 0 0 0 rg BT 253.83 558.98 Td (T) Tj ET Q q 0 0 0 rg BT 258.44 558.98 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.50 550.98 Td (Number) Tj ET Q q 0 0 0 rg BT 266.80 550.98 Td ( of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 245.50 542.98 Td (Shar) Tj ET Q q 0 0 0 rg BT 261.80 542.98 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 236.00 534.98 Td (Pur) Tj ET Q q 0 0 0 rg BT 248.74 534.98 Td (chased) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 271.86 538.61 Td (\(1\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 299.40 550.98 Td (\(b\) ) Tj ET Q q 0 0 0 rg BT 310.74 550.98 Td (A) Tj ET Q q 0 0 0 rg BT 315.92 550.98 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.30 542.98 Td (Price Paid) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 302.35 534.98 Td (per) Tj ET Q q 0 0 0 rg BT 313.76 534.98 Td ( Shar) Tj ET Q q 0 0 0 rg BT 332.06 534.98 Td (e) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 367.90 566.83 Td (\(c\) ) Tj ET Q q 0 0 0 rg BT 378.63 566.83 Td (T) Tj ET Q q 0 0 0 rg BT 383.24 566.83 Td (otal Number) Tj ET Q q 0 0 0 rg BT 426.42 566.83 Td ( of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.05 558.83 Td (Shar) Tj ET Q q 0 0 0 rg BT 387.35 558.83 Td (es Pur) Tj ET Q q 0 0 0 rg BT 408.76 558.83 Td (chased) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.05 550.83 Td (as Part of Publicly) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 381.90 542.83 Td (Announced) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 369.65 534.83 Td (Plans or) Tj ET Q q 0 0 0 rg BT 397.73 534.83 Td ( Pr) Tj ET Q q 0 0 0 rg BT 408.02 534.83 Td (ograms) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 477.30 566.83 Td (\(d\) Maximum) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.00 558.83 Td (Number) Tj ET Q q 0 0 0 rg BT 498.30 558.83 Td ( of Shar) Tj ET Q q 0 0 0 rg BT 525.27 558.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.45 550.83 Td (that May ) Tj ET Q q 0 0 0 rg BT 506.48 550.83 Td (Y) Tj ET Q q 0 0 0 rg BT 511.37 550.83 Td (et Be) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 464.90 542.83 Td (Pur) Tj ET Q q 0 0 0 rg BT 477.64 542.83 Td (chased Under) Tj ET Q q 0 0 0 rg BT 524.39 542.83 Td ( the) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.10 534.83 Td (Plans or) Tj ET Q q 0 0 0 rg BT 494.18 534.83 Td ( Pr) Tj ET Q q 0 0 0 rg BT 504.47 534.83 Td (ograms) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 529.80 538.46 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 521.32 Td (September 29 - November 2, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 521.32 Td (315,011) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.50 521.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 521.32 Td (129.26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.65 521.32 Td (314,276) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.65 521.32 Td (81,701) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 507.32 Td (November 3 - November 30, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.15 507.32 Td (867) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 507.32 Td (144.83) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 507.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.65 507.32 Td (84,031) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 493.32 Td (December 1 - December 31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 493.32 Td (180,614) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 493.32 Td (138.75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.65 493.32 Td (180,214) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.65 493.32 Td (88,027) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 479.32 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 479.32 Td (496,492) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 479.32 Td (132.74) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.65 479.32 Td (494,490) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.50 479.32 Td () Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 63.50 468.05 Td (_____________________________________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 63.50 459.07 Td (\(1\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 69.56 455.45 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 71.56 455.45 Td (Shares purchased represent shares under our Key Employee Stock Investment Plan established in 1969 \(there is no maximum repurchase limitation in ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 72.50 445.85 Td (this plan\) and the 2012 Board of Directors authorized $1 billion share repurchase program.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 63.50 436.88 Td (\(2\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 69.56 433.25 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 71.42 433.25 Td (These values reflect the sum of shares held in loan status under our Key Employee Stock Investment Plan. ) Tj ET Q q 0 0 0 rg BT 413.63 433.25 Td (The repurchase program authorized by the ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 72.50 423.65 Td (Board of Directors does not limit the number of shares that may be purchased and was excluded from this column.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 439.07 423.65 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 403.65 Td (In December 2012, the Board of Directors authorized the acquisition of $1billion of our common stock upon completion of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 391.65 Td (201) Tj ET Q q 0 0 0 rg BT 64.63 391.65 Td (1 repurchase program. In 2014, we acquired ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.73 391.65 Td ($670 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.12 391.65 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.45 391.65 Td (4.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.34 391.65 Td ( shares of our common stock leaving ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.03 391.65 Td ($174 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.42 391.65 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 379.65 Td (available for purchase under the 2012 repurchase plan at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.51 379.65 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.09 379.65 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.09 379.65 Td (In July 2014, our Board of Directors authorized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 367.65 Td (the acquisition of up to $1 billion of additional common stock upon the completion of the 2012 repurchase plan.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 347.65 Td (During the fourth quarter of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.13 347.65 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.13 347.65 Td (, we repurchased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.10 347.65 Td (2,002) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.60 347.65 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.10 347.65 Td (shares from employees in connection with the Key Employee Stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 335.65 Td (Investment Plan which allows certain employees, other than of) Tj ET Q q 0 0 0 rg BT 301.14 335.65 Td (ficers, to purchase shares of common stock on an installment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 323.65 Td (basis up to an established credit limit. Loans are issued for five-year terms at a fixed interest rate established at the date of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 311.65 Td (purchase and may be refinanced after its initial five-year period for an additional five-year period.Participants must hold shares ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 299.65 Td (for a minimum of six months from date of purchase and after shares are sold must wait six months before another share ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 287.65 Td (purchase may be made.) Tj ET Q q 0 0 0 rg BT 146.17 287.65 Td (W) Tj ET Q q 0 0 0 rg BT 154.80 287.65 Td (e hold participants) Tj ET Q q 0 0 0 rg BT 231.26 287.65 Td ( shares as security for the loans and would, in ef) Tj ET Q q 0 0 0 rg BT 423.53 287.65 Td (fect repurchase shares if the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 275.65 Td (participant defaulted in repayment of the loan.) Tj ET Q q 0 0 0 rg BT 237.52 275.65 Td (There is no maximum amount of shares that we may purchase under this plan.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 59 0 obj <>] /Rotate 0 /Contents 60 0 R>> endobj 60 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (29) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 235.70 742.25 Td (Performance Graph \(Unaudited\)) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (The following Performance Graph and r) Tj ET Q q 0 0 0 rg BT 212.12 722.25 Td (elated information shall not be deemed "soliciting material" or to be "filed" with the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (SEC, nor shall such information be incorporated by r) Tj ET Q q 0 0 0 rg BT 263.79 710.25 Td (efer) Tj ET Q q 0 0 0 rg BT 278.96 710.25 Td (ence into any of our futur) Tj ET Q q 0 0 0 rg BT 380.52 710.25 Td (e filings under the Securities ) Tj ET Q q 0 0 0 rg BT 497.27 710.25 Td (Act of 1933 or ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (Securities Exchange ) Tj ET Q q 0 0 0 rg BT 133.68 698.25 Td (Act of 1934, each as amended, except to the extent that we specifically incorporate it by r) Tj ET Q q 0 0 0 rg BT 490.98 698.25 Td (efer) Tj ET Q q 0 0 0 rg BT 506.16 698.25 Td (ence into ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 686.25 Td (such filing.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 666.25 Td (The following graph compares the cumulative total shareholder return on our common stock for the last five years with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 654.25 Td (cumulative total return on the S&P) Tj ET Q q 0 0 0 rg BT 189.33 654.25 Td (500 Index and an index of peer companies selected by us. Our peer group includes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 642.25 Td (Bor) Tj ET Q q 0 0 0 rg BT 64.82 642.25 Td (gW) Tj ET Q q 0 0 0 rg BT 78.46 642.25 Td (arner Inc, Caterpillar) Tj ET Q q 0 0 0 rg BT 161.62 642.25 Td (,Inc., Daimler ) Tj ET Q q 0 0 0 rg BT 221.60 642.25 Td (AG, Danaher Corporation, Deere& Company) Tj ET Q q 0 0 0 rg BT 405.62 642.25 Td (, Donaldson CompanyInc., Eaton ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 630.25 Td (Corporation, Emerson ElectricCo., ) Tj ET Q q 0 0 0 rg BT 193.95 630.25 Td (W) Tj ET Q q 0 0 0 rg BT 202.47 630.25 Td (.W) Tj ET Q q 0 0 0 rg BT 213.49 630.25 Td (. GraingerInc., Honeywell International, Illinois ) Tj ET Q q 0 0 0 rg BT 409.92 630.25 Td (T) Tj ET Q q 0 0 0 rg BT 415.33 630.25 Td (ool ) Tj ET Q q 0 0 0 rg BT 430.42 630.25 Td (W) Tj ET Q q 0 0 0 rg BT 439.06 630.25 Td (orksInc., Ingersoll-Rand ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 618.25 Td (CompanyLtd., Navistar) Tj ET Q q 0 0 0 rg BT 146.25 618.25 Td (, P) Tj ET Q q 0 0 0 rg BT 155.89 618.25 Td (ACCAR, Parker) Tj ET Q q 0 0 0 rg BT 221.25 618.25 Td (-Hannifin Corporation, ) Tj ET Q q 0 0 0 rg BT 315.77 618.25 Td (T) Tj ET Q q 0 0 0 rg BT 321.18 618.25 Td (extronInc. and ) Tj ET Q q 0 0 0 rg BT 383.75 618.25 Td (V) Tj ET Q q 0 0 0 rg BT 389.68 618.25 Td (olvo ) Tj ET Q q 0 0 0 rg BT 409.41 618.25 Td (AB. Each of the measures of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 606.25 Td (cumulative total return assumes reinvestment of dividends. ) Tj ET Q q 0 0 0 rg BT 288.10 606.25 Td (The comparisons in this table are required by the SEC and are not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 594.25 Td (intended to forecast or be indicative of possible future performance of our stock.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 168.75 562.25 Td (COMP) Tj ET Q q 0 0 0 rg BT 198.55 562.25 Td (ARISON OF) Tj ET Q q 0 0 0 rg BT 253.47 562.25 Td ( 5 ) Tj ET Q q 0 0 0 rg BT 263.10 562.25 Td (YEAR CUMULA) Tj ET Q q 0 0 0 rg BT 338.18 562.25 Td (TIVE ) Tj ET Q q 0 0 0 rg BT 364.96 562.25 Td (T) Tj ET Q q 0 0 0 rg BT 371.45 562.25 Td (OT) Tj ET Q q 0 0 0 rg BT 385.15 562.25 Td (AL) Tj ET Q q 0 0 0 rg BT 398.49 562.25 Td ( RETURN) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 141.50 550.25 Td (AMONG CUMMINS INC., S&P) Tj ET Q q 0 0 0 rg BT 281.22 550.25 Td ( 500 INDEX ) Tj ET Q q 0 0 0 rg BT 335.39 550.25 Td (AND CUST) Tj ET Q q 0 0 0 rg BT 386.05 550.25 Td (OM PEER GROUP) Tj ET Q /GS0 gs q 450.00 0 0 305.00 81.00 228.25 cm /I17 Do Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.25 221.25 Td (ASSUMES $100 INVESTED ON ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.70 221.25 Td (DEC. 31, 2009) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.70 221.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.35 209.25 Td (ASSUMES DIVIDENDS REINVESTED) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.60 197.25 Td (FISCAL) Tj ET Q q 0 0 0 rg BT 256.68 197.25 Td ( ) Tj ET Q q 0 0 0 rg BT 258.81 197.25 Td (YEAR ENDING DEC.31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.36 197.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.36 197.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 61 0 obj <>] /Rotate 0 /Contents 62 0 R>> endobj 62 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 29.10 Td (30) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 40.50 744.75 Td (ITEM 6.Selected Financial Data) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 40.50 724.75 Td (The selected financial information presented below for each of the last five years ended December31, beginning with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.48 724.75 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.48 724.75 Td (, was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 40.50 712.75 Td (derived from our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 110.75 712.75 Td (Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.30 712.75 Td (. ) Tj ET Q q 0 0 0 rg BT 256.12 712.75 Td (This information should be read in conjunction with our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 483.02 712.75 Td (Consolidated ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 40.50 700.75 Td (Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.21 700.75 Td ( and related notes and "Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 342.15 700.75 Td (Analysis of Financial Condition and Results of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 40.50 688.75 Td (Operations.") Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 41.00 665.25 261.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 665.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 665.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 665.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 665.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.00 665.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.00 665.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 665.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 468.00 665.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.00 665.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.00 665.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 41.00 637.25 261.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 637.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 637.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 637.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 637.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.00 637.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.00 637.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 637.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 468.00 637.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.00 637.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.00 637.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 41.00 607.25 261.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 607.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 607.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 607.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 607.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.00 607.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.00 607.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 607.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 468.00 607.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.00 607.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.00 607.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 41.00 578.25 261.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 578.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 578.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 578.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 578.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.00 578.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.00 578.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 578.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 468.00 578.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.00 578.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.00 578.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 41.00 550.25 261.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 550.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 550.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 550.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 550.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.00 550.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.00 550.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 550.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 468.00 550.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.00 550.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.00 550.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 41.00 521.25 261.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 521.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 521.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 521.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 521.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.00 521.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.00 521.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 521.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 468.00 521.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.00 521.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.00 521.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 41.00 493.25 261.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 493.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 493.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 493.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 493.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.00 493.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.00 493.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 493.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 468.00 493.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.00 493.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.00 493.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 41.00 465.25 261.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 465.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 465.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 465.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 465.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.00 465.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.00 465.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 465.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 468.00 465.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.00 465.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.00 465.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 41.00 436.25 261.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 436.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 436.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 436.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 436.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.00 436.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.00 436.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 436.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 468.00 436.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.00 436.25 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.00 436.25 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 41.00 408.25 261.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 408.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 408.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 408.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 408.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.00 408.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.00 408.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 408.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 468.00 408.25 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.00 408.25 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.00 408.25 50.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306 665.25 m 356 665.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 665.25 m 410 665.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414 665.25 m 464 665.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 468 665.25 m 518 665.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522 665.25 m 572 665.25 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 43.50 669.48 Td (In millions, except per share amounts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 322.50 669.48 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 376.50 669.48 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.50 669.48 Td (2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.70 669.48 Td (2011) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 538.50 669.48 Td (2010) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 43.50 655.93 Td (For the years ended December 31,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.50 655.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.50 655.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.50 655.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 655.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.50 655.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 43.50 641.82 Td (Net sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 308.50 641.93 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.00 641.93 Td (19,221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.50 641.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.60 641.82 Td (17,301) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.50 641.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.60 641.82 Td (17,334) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 641.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.60 641.82 Td (18,048) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.50 641.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.60 641.82 Td (13,226) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 55.50 626.96 Td (U.S. percentage of sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 335.50 626.93 Td (52) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 345.50 626.93 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.15 626.92 Td (48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.15 626.92 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 626.92 Td (47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 626.92 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 626.92 Td (41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.15 626.92 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 626.92 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 563.15 626.92 Td (%) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 55.50 611.96 Td (Non-U.S. percentage of sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 335.50 611.93 Td (48) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 345.50 611.93 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.15 611.92 Td (52) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.15 611.92 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 611.92 Td (53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 611.92 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 611.92 Td (59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.15 611.92 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 611.92 Td (64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 563.15 611.92 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 43.50 596.92 Td (Gross mar) Tj ET Q q 0 0 0 rg BT 84.70 596.92 Td (gin) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 97.48 601.45 Td (\(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.00 596.93 Td (4,861) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.65 596.92 Td (4,280) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.65 596.92 Td (4,416) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 596.92 Td (4,589) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 596.92 Td (3,168) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 43.50 582.82 Td (Research, development and engineering expenses) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 330.50 582.93 Td (754) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 582.82 Td (713) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 582.82 Td (728) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 582.82 Td (629) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 582.82 Td (414) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 43.50 568.82 Td (Equity, royalty and interest income from investees) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 330.50 568.93 Td (370) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 568.82 Td (361) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 568.82 Td (384) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 568.82 Td (416) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 568.82 Td (351) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 43.50 554.82 Td (Interest expense) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 108.19 559.35 Td (\(2\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 335.50 554.93 Td (64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.15 554.82 Td (41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 554.82 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 554.82 Td (44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.15 554.82 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 43.50 539.92 Td (Net income attributable to Cummins Inc.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 207.35 544.45 Td (\(3\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.00 539.93 Td (1,651) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.65 539.92 Td (1,483) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.65 539.92 Td (1,645) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 539.92 Td (1,848) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 539.92 Td (1,040) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 43.50 525.82 Td (Earnings per common share attributable to Cummins Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 55.50 511.82 Td (Basic) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 308.50 511.93 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.00 511.93 Td (9.04) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.50 511.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.65 511.82 Td (7.93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.50 511.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 511.82 Td (8.69) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 511.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 511.82 Td (9.58) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.50 511.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.65 511.82 Td (5.29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 55.50 497.82 Td (Diluted) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.00 497.93 Td (9.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.65 497.82 Td (7.91) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 497.82 Td (8.67) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 497.82 Td (9.55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.65 497.82 Td (5.28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 43.50 483.82 Td (Cash dividends declared per share) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.00 483.93 Td (2.81) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.65 483.82 Td (2.25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 483.82 Td (1.80) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 483.82 Td (1.325) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 483.82 Td (0.875) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 43.50 469.82 Td (Net cash provided by operating activities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 308.50 469.93 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.00 469.93 Td (2,266) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.50 469.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.65 469.82 Td (2,089) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.50 469.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.65 469.82 Td (1,532) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 469.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 469.82 Td (2,073) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.50 469.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 469.82 Td (1,006) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 43.50 455.82 Td (Capital expenditures) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 330.50 455.93 Td (743) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 455.82 Td (676) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 455.82 Td (690) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 455.82 Td (622) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 455.82 Td (364) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 43.50 440.93 Td (At December 31,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.50 440.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.50 440.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.50 440.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 440.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.50 440.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 43.50 426.82 Td (Cash and cash equivalents) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 308.50 426.93 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.00 426.93 Td (2,301) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.50 426.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.65 426.82 Td (2,699) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.50 426.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.65 426.82 Td (1,369) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.50 426.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 426.82 Td (1,484) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.50 426.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 426.82 Td (1,023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 43.50 412.82 Td (Total assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.00 412.93 Td (15,776) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.60 412.82 Td (14,728) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.60 412.82 Td (12,548) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.60 412.82 Td (11,668) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.60 412.82 Td (10,402) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 43.50 397.92 Td (Long-term debt) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 105.98 402.45 Td (\(2\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.00 397.93 Td (1,589) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.65 397.92 Td (1,672) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 397.92 Td (698) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 397.92 Td (658) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 397.92 Td (709) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 43.50 382.92 Td (T) Tj ET Q q 0 0 0 rg BT 48.91 382.92 Td (otal equity) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 91.40 387.45 Td (\(4\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.00 382.93 Td (8,093) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.65 382.92 Td (7,870) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.65 382.92 Td (6,974) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 382.92 Td (5,831) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 382.92 Td (4,996) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 40.50 371.55 Td (_____________________________________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 40.50 365.57 Td (\(1\)) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 46.56 365.57 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.16 361.95 Td (W) Tj ET Q q 0 0 0 rg BT 56.07 361.95 Td (e revised the classification of certain amounts for "Cost of sales" and "Selling, general and administrative expenses" for 2013 and 2012. ) Tj ET Q q 0 0 0 rg BT 492.21 361.95 Td (The segment EBIT) Tj ET Q q 0 0 0 rg BT 552.93 361.95 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 352.35 Td (performance measure is unchanged, however) Tj ET Q q 0 0 0 rg BT 193.78 352.35 Td (, certain activities that were previously classified in "Selling, general and administrative expenses" are now classified ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 342.75 Td (as "Cost of sales". ) Tj ET Q q 0 0 0 rg BT 109.44 342.75 Td (The reclassifications for the years ended December 31, 2013 and 2012, were $103 million and $92 million, respectively) Tj ET Q q 0 0 0 rg BT 492.36 342.75 Td (. ) Tj ET Q q 0 0 0 rg BT 496.21 342.75 Td (The revision had no ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 333.15 Td (impact on reported net income, cash flows or the balance sheet. ) Tj ET Q q 0 0 0 rg BT 254.39 333.15 Td (The amounts for the years ended December 31, 201) Tj ET Q q 0 0 0 rg BT 419.59 333.15 Td (1 and 2010, were not reclassified to be ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 323.55 Td (consistent with the current presentation) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 175.24 323.55 Td (. See Note ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 210.34 323.55 Td (1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 214.34 323.55 Td (, ") Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 221.61 323.55 Td (SUMMAR) Tj ET Q q 0 0 0 rg BT 256.73 323.55 Td (Y) Tj ET Q q 0 0 0 rg BT 262.21 323.55 Td ( OF SIGNIFICANT) Tj ET Q q 0 0 0 rg BT 326.52 323.55 Td ( ) Tj ET Q q 0 0 0 rg BT 328.08 323.55 Td (ACCOUNTING POLICIES) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 418.08 323.55 Td (," to our ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 446.23 323.55 Td (Consolidated Financial Statements ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 560.66 323.55 Td (for ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 313.95 Td (additional detail.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 40.50 307.98 Td (\(2\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 46.56 304.35 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.56 304.35 Td (In September 2013, we issued $1 billion of senior unsecured debt.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 40.50 298.38 Td (\(3\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 46.56 294.75 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 48.56 294.75 Td (For the year ended December 31, 2012, consolidated net income included $52 million of restructuring and other char) Tj ET Q q 0 0 0 rg BT 422.75 294.75 Td (ges \($35 million after) Tj ET Q q 0 0 0 rg BT 491.68 294.75 Td (-tax\) and a $20 million ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 285.15 Td (char) Tj ET Q q 0 0 0 rg BT 63.12 285.15 Td (ge \($12 million after) Tj ET Q q 0 0 0 rg BT 128.94 285.15 Td (-tax\) related to legal matters. For the year ended December 31, 201) Tj ET Q q 0 0 0 rg BT 343.45 285.15 Td (1, consolidated net income included a $68 million gain \($37 million ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 275.55 Td (after) Tj ET Q q 0 0 0 rg BT 63.99 275.55 Td (-tax\) related to the disposition of certain assets and liabilities of our exhaust business and a $53 million gain \($33 million after) Tj ET Q q 0 0 0 rg BT 467.52 275.55 Td (-tax\) recorded for the ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 265.95 Td (disposition of certain assets and liabilities of our light-duty filtration business, both from the Components segment, and a $38 million gain \($24 million after) Tj ET Q q 0 0 0 rg BT 549.93 265.95 Td (-tax\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 256.35 Td (related to flood damage recoveries from the insurance settlement related to a June 2008 flood in Southern Indiana. For the year ended December 31, 2010, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 246.75 Td (consolidated net income included $32 million in Brazil tax recoveries \($21 million after) Tj ET Q q 0 0 0 rg BT 330.59 246.75 Td (-tax\) and $2 million in flood damage expenses.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 481.22 246.75 Td ( ) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 40.50 240.77 Td (\(4\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 46.56 237.15 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 48.56 237.15 Td (In 2014, 2013, 2012, 201) Tj ET Q q 0 0 0 rg BT 128.93 237.15 Td (1 and 2010, we recorded non-cash char) Tj ET Q q 0 0 0 rg BT 254.29 237.15 Td (ges \(credits\) to equity of $78 million, $\(102\) million, $83 million, $96 million and $\(125\) million, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 227.55 Td (respectively) Tj ET Q q 0 0 0 rg BT 87.63 227.55 Td (, to record net actuarial \(gains\) losses associated with the valuation of our pension plans. ) Tj ET Q q 0 0 0 rg BT 372.52 227.55 Td (These \(gains\) losses include the ef) Tj ET Q q 0 0 0 rg BT 482.34 227.55 Td (fects of market conditions ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 217.95 Td (on our pension trust assets and the ef) Tj ET Q q 0 0 0 rg BT 167.33 217.95 Td (fects of economic factors on the valuation of the pension liability) Tj ET Q q 0 0 0 rg BT 375.20 217.95 Td (.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 63 0 obj <>] /Rotate 0 /Contents 64 0 R>> endobj 64 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (31) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (ITEM 7.Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 227.52 742.25 Td (Analysis of Financial Condition and Results of Operations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (ORGANIZA) Tj ET Q q 0 0 0 rg BT 104.26 722.25 Td (TION OF) Tj ET Q q 0 0 0 rg BT 145.84 722.25 Td ( INFORMA) Tj ET Q q 0 0 0 rg BT 196.48 722.25 Td (TION) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 702.25 Td (The following Management's Discussion and ) Tj ET Q q 0 0 0 rg BT 232.61 702.25 Td (Analysis of Financial Condition and Results of Operations \(MD&A\) was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 690.25 Td (prepared to provide the reader with a view and perspective of our business through the eyes of management and should be read ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 678.25 Td (in conjunction with our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 146.10 678.25 Td (Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.64 678.25 Td ( and the accompanying notes to those financial statements. Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 666.25 Td (MD&A) Tj ET Q q 0 0 0 rg BT 80.56 666.25 Td ( is presented in the following sections:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 645.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 645.25 Td (Executive Summary and Financial Highlights) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 624.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 624.25 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.00 624.25 Td ( Outlook) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 603.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 603.25 Td (Results of Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 582.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 582.25 Td (Operating Segment Results) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 561.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 561.25 Td (Liquidity and Capital Resources) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 540.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 540.25 Td (Contractual Obligations and Other Commercial Commitments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 519.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 519.25 Td (Application of Critical ) Tj ET Q q 0 0 0 rg BT 178.48 519.25 Td (Accounting Estimates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 498.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 498.25 Td (Recently ) Tj ET Q q 0 0 0 rg BT 123.49 498.25 Td (Adopted and Recently Issued ) Tj ET Q q 0 0 0 rg BT 242.91 498.25 Td (Accounting Pronouncements) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (EXECUTIVE SUMMAR) Tj ET Q q 0 0 0 rg BT 157.71 466.25 Td (Y) Tj ET Q q 0 0 0 rg BT 164.56 466.25 Td ( ) Tj ET Q q 0 0 0 rg BT 166.51 466.25 Td (AND FINANCIAL) Tj ET Q q 0 0 0 rg BT 246.79 466.25 Td ( HIGHLIGHTS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 446.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 446.25 Td (e are a global power leader that designs, manufactures, distributes and services diesel and natural gas engines and engine-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 434.25 Td (related component products, including filtration, aftertreatment, turbochar) Tj ET Q q 0 0 0 rg BT 345.55 434.25 Td (gers, fuel systems, controls systems, air handling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 422.25 Td (systems and electric power generation systems.) Tj ET Q q 0 0 0 rg BT 241.71 422.25 Td (W) Tj ET Q q 0 0 0 rg BT 250.35 422.25 Td (e sell our products to original equipment manufacturers \(OEMs\), distributors ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 410.25 Td (and other customers worldwide.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.30 410.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.62 410.25 Td (W) Tj ET Q q 0 0 0 rg BT 189.26 410.25 Td (e have long-standing relationships with many of the leading manufacturers in the markets we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 398.25 Td (serve, including P) Tj ET Q q 0 0 0 rg BT 121.02 398.25 Td (ACCAR Inc, Daimler ) Tj ET Q q 0 0 0 rg BT 210.82 398.25 Td (T) Tj ET Q q 0 0 0 rg BT 216.58 398.25 Td (rucks North ) Tj ET Q q 0 0 0 rg BT 266.02 398.25 Td (America, Chrysler Group, LLC \(Chrysler\), ) Tj ET Q q 0 0 0 rg BT 440.23 398.25 Td (V) Tj ET Q q 0 0 0 rg BT 446.17 398.25 Td (olvo ) Tj ET Q q 0 0 0 rg BT 465.89 398.25 Td (AB, Komatsu, Navistar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 386.25 Td (International Corporation, ) Tj ET Q q 0 0 0 rg BT 156.36 386.25 Td (Aggreko plc, Ford Motor Company and MAN Nutzfahrzeuge ) Tj ET Q q 0 0 0 rg BT 404.92 386.25 Td (AG.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.87 386.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.18 386.25 Td (W) Tj ET Q q 0 0 0 rg BT 432.82 386.25 Td (e serve our customers through a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 374.25 Td (network of approximately) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.86 374.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.36 374.25 Td (600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.36 374.25 Td ( company-owned and independent distributor locations and approximately) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.78 374.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.28 374.25 Td (7,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.78 374.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.28 374.25 Td (dealer locations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 362.25 Td (in more than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.04 362.25 Td (190) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.04 362.25 Td ( countries and territories.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.01 362.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 338.25 Td (Our reportable operating segments consist of the following:Engine, Distribution, Components and Power Generation. ) Tj ET Q q 0 0 0 rg BT 525.00 338.25 Td (This ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 326.25 Td (reporting structure is or) Tj ET Q q 0 0 0 rg BT 143.96 326.25 Td (ganized according to the products and markets each segment serves) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.14 326.25 Td (. ) Tj ET Q q 0 0 0 rg BT 418.96 326.25 Td (The Engine segment produces ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 314.25 Td (engines and parts for sale to customers in on-highway and various industrial markets.Our engines are used in trucks of all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 302.25 Td (sizes, buses and recreational vehicles, as well as in various industrial applications, including construction, mining, agriculture, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 290.25 Td (marine, oil and gas, rail and military equipment. ) Tj ET Q q 0 0 0 rg BT 245.04 290.25 Td (The Distribution segment includes wholly-owned and partially-owned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 278.25 Td (distributorships engaged in wholesaling engines, generator sets and service parts, as well as performing service and repair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 266.25 Td (activities on our products and maintaining relationships with various OEMs throughout the world. ) Tj ET Q q 0 0 0 rg BT 444.76 266.25 Td (The Components segment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 254.25 Td (sells filtration products, aftertreatment systems, turbochar) Tj ET Q q 0 0 0 rg BT 280.59 254.25 Td (gers and fuel systems. ) Tj ET Q q 0 0 0 rg BT 371.22 254.25 Td (The Power Generation segment is an integrated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 242.25 Td (provider of power systems, which sells engines, generator sets and alternators.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.53 242.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 218.25 Td (Our financial performance depends, in lar) Tj ET Q q 0 0 0 rg BT 216.97 218.25 Td (ge part, on varying conditions in the markets we serve, particularly the on-highway) Tj ET Q q 0 0 0 rg BT 549.00 218.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 206.25 Td (construction and general industrial markets.Demand in these markets tends to fluctuate in response to overall economic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 194.25 Td (conditions.Our sales may also be impacted by OEM inventory levels and production schedules and stoppages.Economic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 182.25 Td (downturns in markets we serve generally result in reduced sales of our products and can result in price reductions in certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 170.25 Td (products and/or markets.) Tj ET Q q 0 0 0 rg BT 151.09 170.25 Td (As a worldwide business, our operations are also af) Tj ET Q q 0 0 0 rg BT 356.69 170.25 Td (fected by currency) Tj ET Q q 0 0 0 rg BT 430.44 170.25 Td (, political, economic and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 158.25 Td (regulatory matters, including adoption and enforcement of environmental and emission standards, in the countries we serve.) Tj ET Q q 0 0 0 rg BT 547.92 158.25 Td (As ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 146.25 Td (part of our growth strategy) Tj ET Q q 0 0 0 rg BT 156.54 146.25 Td (, we invest in businesses in certain countries that carry high levels of these risks such as China, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 134.25 Td (Brazil,India, Mexico, Russia and countries in the Middle East and ) Tj ET Q q 0 0 0 rg BT 318.28 134.25 Td (Africa.) Tj ET Q q 0 0 0 rg BT 348.26 134.25 Td (At the same time, our geographic diversity and broad ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 122.25 Td (product and service of) Tj ET Q q 0 0 0 rg BT 138.95 122.25 Td (ferings have helped limit the impact from a drop in demand in any one industry or customer or the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 110.25 Td (economy of any single country on our consolidated results.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.34 110.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 86.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 86.25 Td (orldwide revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.72 86.25 Td (improved) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.05 86.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.55 86.25 Td (1) Tj ET Q q 0 0 0 rg BT 180.18 86.25 Td (1 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.10 86.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.88 86.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.88 86.25 Td ( compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.58 86.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.58 86.25 Td (, primarily due to the improvements in North ) Tj ET Q q 0 0 0 rg BT 506.49 86.25 Td (American on-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 74.25 Td (highway demand and the consolidation of partially owned North ) Tj ET Q q 0 0 0 rg BT 310.22 74.25 Td (American distributors. Revenue in the U.S. and Canada ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 62.25 Td (improved) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.33 62.25 Td ( by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.33 62.25 Td (20 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.25 62.25 Td ( primarily due to increased demand in the North ) Tj ET Q q 0 0 0 rg BT 339.36 62.25 Td (American on-highway markets driving sales in both the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 50.25 Td (Engine and Components segments, as well as improved Distribution segment sales related to the consolidation of partially-) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 65 0 obj <>] /Rotate 0 /Contents 66 0 R>> endobj 66 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (owned North ) Tj ET Q q 0 0 0 rg BT 104.44 742.10 Td (American distributors since December31, 2012. ) Tj ET Q q 0 0 0 rg BT 300.87 742.10 Td (These increases were partially of) Tj ET Q q 0 0 0 rg BT 432.29 742.10 Td (fset by the reduced demand in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (the North ) Tj ET Q q 0 0 0 rg BT 90.00 730.10 Td (American power generation markets primarily due to lower military sales.) Tj ET Q q 0 0 0 rg BT 388.51 730.10 Td (Amid the continued international ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (economic uncertainty in 2014, our international revenues remained flat compared to 2013.International revenues increased in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (the Components segment, especially the emission solutions business in ) Tj ET Q q 0 0 0 rg BT 336.46 706.10 Td (W) Tj ET Q q 0 0 0 rg BT 345.10 706.10 Td (estern Europe and China due to additional content as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (the result of new emission regulations, while the Distribution segment revenues improved due to demand growth in ) Tj ET Q q 0 0 0 rg BT 513.80 694.10 Td (Africa and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (Asia Pacific. ) Tj ET Q q 0 0 0 rg BT 103.41 682.10 Td (These increases were of) Tj ET Q q 0 0 0 rg BT 199.01 682.10 Td (fset by decreased international on-highway demand with decreased shipments of 7 percent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (and 1) Tj ET Q q 0 0 0 rg BT 71.57 670.10 Td (1 percent in the heavy-duty and medium-duty truck markets, respectively) Tj ET Q q 0 0 0 rg BT 364.16 670.10 Td (, and decreased demand in international power ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (generation markets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (The following table contains sales and EBIT) Tj ET Q q 0 0 0 rg BT 228.11 634.10 Td ( \(defined as earnings before interest expense, taxes and noncontrolling interests\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (results by operating segment for the years ended December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.63 622.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.63 622.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.07 622.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.07 622.10 Td (. Refer to the section titled "Operating Segment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (Results" for a more detailed discussion of net sales and EBIT) Tj ET Q q 0 0 0 rg BT 294.96 610.10 Td ( by operating segment including the reconciliation of segment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (EBIT) Tj ET Q q 0 0 0 rg BT 72.04 598.10 Td ( to income before income taxes.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (Operating Segments) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 529.60 139.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 189.50 529.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 193.50 529.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 529.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 245.50 529.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 529.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 529.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.50 529.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 529.60 42.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 529.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 529.60 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 529.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 529.60 37.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 529.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 529.60 37.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 521.50 529.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 525.50 529.60 37.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 499.60 139.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 189.50 499.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 193.50 499.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 499.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 245.50 499.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 499.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 499.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.50 499.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 499.60 42.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 499.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 499.60 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 499.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 499.60 37.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 499.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 499.60 37.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 521.50 499.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 525.50 499.60 37.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 469.60 139.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 189.50 469.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 193.50 469.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 469.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 245.50 469.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 469.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 469.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.50 469.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 469.60 42.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 469.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 469.60 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 469.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 469.60 37.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 469.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 469.60 37.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 521.50 469.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 525.50 469.60 37.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 439.60 139.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 189.50 439.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 193.50 439.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 439.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 245.50 439.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 439.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 439.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.50 439.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 439.60 42.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 439.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 439.60 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 439.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 439.60 37.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 439.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 439.60 37.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 521.50 439.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 525.50 439.60 37.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 193.5 552.6 m 241.5 552.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241.5 552.6 m 245.5 552.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 552.6 m 292.5 552.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 552.6 m 296.5 552.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 552.6 m 345.5 552.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349.5 552.6 m 391.5 552.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 552.6 m 395.5 552.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 552.6 m 439.5 552.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 552.6 m 443.5 552.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 552.6 m 480.5 552.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 542.6 m 521.5 542.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 521.5 542.6 m 525.5 542.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525.5 542.6 m 562.5 542.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 193.5 529.6 m 241.5 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 529.6 m 292.5 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 529.6 m 345.5 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349.5 529.6 m 391.5 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 529.6 m 439.5 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 529.6 m 480.5 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 529.6 m 521.5 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525.5 542.6 m 562.5 542.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 525.5 529.6 m 562.5 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 193.5 439.6 m 241.5 439.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 193.5 425.6 m 241.5 425.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 193.5 423.6 m 241.5 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 439.6 m 292.5 439.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 425.6 m 292.5 425.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 423.6 m 292.5 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 439.6 m 345.5 439.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 425.6 m 345.5 425.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 423.6 m 345.5 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349.5 439.6 m 391.5 439.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349.5 425.6 m 391.5 425.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349.5 423.6 m 391.5 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 439.6 m 439.5 439.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 425.6 m 439.5 425.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 423.6 m 439.5 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 439.6 m 480.5 439.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 425.6 m 480.5 425.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443.5 423.6 m 480.5 423.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 261.00 555.68 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 406.50 555.68 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 496.95 555.68 Td (Percentchange) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 255.45 541.83 Td (Per) Tj ET Q q 0 0 0 rg BT 267.29 541.83 Td (cent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 255.45 533.83 Td (of ) Tj ET Q q 0 0 0 rg BT 263.97 533.83 Td (T) Tj ET Q q 0 0 0 rg BT 268.57 533.83 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.95 541.83 Td (Per) Tj ET Q q 0 0 0 rg BT 415.79 541.83 Td (cent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.95 533.83 Td (of ) Tj ET Q q 0 0 0 rg BT 412.47 533.83 Td (T) Tj ET Q q 0 0 0 rg BT 417.07 533.83 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.40 544.73 Td (2014 vs. 2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 533.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 208.30 533.83 Td (Sales) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.00 533.83 Td (EBIT) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.30 533.83 Td (Sales) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.00 533.83 Td (EBIT) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 493.80 533.83 Td (Sales) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 534.00 533.83 Td (EBIT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 519.27 Td (Engine) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.00 519.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 210.10 519.28 Td (10,962) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 268.65 519.28 Td (57) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 282.00 519.28 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.00 519.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 319.15 519.28 Td (1,225) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.00 519.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.10 519.27 Td (10,013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.30 519.27 Td (58) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 519.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.00 519.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.10 519.27 Td (1,041) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.30 519.27 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.65 519.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 519.27 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 519.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 504.27 Td (Distribution) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 215.15 504.28 Td (5,174) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 268.65 504.28 Td (27) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 282.00 504.28 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 326.65 504.28 Td (491) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.10 504.27 Td (3,749) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.30 504.27 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 504.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.65 504.27 Td (388) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.30 504.27 Td (38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.65 504.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 504.27 Td (27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 504.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 489.27 Td (Components) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 215.15 489.28 Td (5,118) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 268.65 489.28 Td (27) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 282.00 489.28 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 326.65 489.28 Td (684) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.10 489.27 Td (4,342) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.30 489.27 Td (25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 489.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.65 489.27 Td (527) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.30 489.27 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.65 489.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 489.27 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 489.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 474.27 Td (Power Generation) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 215.15 474.28 Td (2,896) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 268.65 474.28 Td (15) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 282.00 474.28 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 326.65 474.28 Td (168) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.10 474.27 Td (3,031) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.30 474.27 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 474.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.65 474.27 Td (218) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.95 474.27 Td (\(4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.30 474.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.95 474.27 Td (\(23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 474.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 459.27 Td (Intersegment eliminations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 211.80 459.28 Td (\(4,929) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 237.65 459.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.30 459.28 Td (\(26) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 278.65 459.28 Td (\)%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 331.65 459.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.80 459.32 Td (\(3,834) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.65 459.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.95 459.27 Td (\(23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.30 459.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.65 459.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.30 459.27 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.65 459.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 459.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 444.27 Td (Non-segment) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 227.65 444.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 268.65 444.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.30 444.33 Td (\(70) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.65 444.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.65 444.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.30 444.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.30 444.32 Td (\(14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.65 444.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.30 444.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.85 444.27 Td (NM) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 429.27 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 196.00 429.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 210.10 429.28 Td (19,221) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 263.65 429.28 Td (100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 282.00 429.28 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.00 429.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 319.15 429.28 Td (2,498) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.00 429.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.10 429.27 Td (17,301) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.30 429.27 Td (100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 429.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.00 429.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.10 429.27 Td (2,160) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.30 429.27 Td (11) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.65 429.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 429.27 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 429.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 50.00 417.90 Td (_____________________________________________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 408.30 Td ("NM" - not meaningful information) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 384.30 Td (Net income attributable to CumminsInc. for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.51 384.30 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.51 384.30 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.06 384.30 Td ($1,651 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.96 384.30 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.79 384.30 Td ($9.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.29 384.30 Td ( per diluted share, on sales of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.70 384.30 Td ($19.2 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.81 384.30 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 372.30 Td (compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.20 372.30 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.20 372.30 Td ( net income attributable to CumminsInc. of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.66 372.30 Td ($1,483 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.55 372.30 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.38 372.30 Td ($7.91) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.88 372.30 Td ( per diluted share, on sales of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.29 372.30 Td ($17.3 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 360.30 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.11 360.30 Td (. ) Tj ET Q q 0 0 0 rg BT 80.93 360.30 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.98 360.30 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.73 360.30 Td ( in net income and earnings per share was driven by improved gross mar) Tj ET Q q 0 0 0 rg BT 421.75 360.30 Td (gin, partially of) Tj ET Q q 0 0 0 rg BT 483.50 360.30 Td (fset by higher ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 348.30 Td (selling, general and administrative expenses. ) Tj ET Q q 0 0 0 rg BT 231.15 348.30 Td (The improved gross mar) Tj ET Q q 0 0 0 rg BT 329.00 348.30 Td (gin was the result of higher volumes, improved ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 336.30 Td (Distribution segment sales related to the consolidation of partially-owned North ) Tj ET Q q 0 0 0 rg BT 371.60 336.30 Td (American distributors since ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.62 336.30 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 324.30 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 324.30 Td (, lower material and commodity costs and favorable mix, partially of) Tj ET Q q 0 0 0 rg BT 344.74 324.30 Td (fset by unfavorable foreign currency fluctuations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 312.30 Td (Diluted earnings per share for 2014 benefited $0.16 from lower shares outstanding, primarily due to purchases under the stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 300.30 Td (repurchase program.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.18 300.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 280.30 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 280.30 Td (e generated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.94 280.30 Td ($2.3 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.05 280.30 Td ( of operating cash flows in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.91 280.30 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.91 280.30 Td (, compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.12 280.30 Td ($2.1 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.23 280.30 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.01 280.30 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.01 280.30 Td (. Refer to the section titled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 268.30 Td ("Operating ) Tj ET Q q 0 0 0 rg BT 96.02 268.30 Td (Activities" in the "Liquidity and Capital Resources" section for a discussion of items impacting cash flows.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 248.30 Td (In September 2013, we announced our intention to acquire the equity that we do not already own in most of our partially-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 236.30 Td (owned United States and Canadian distributors over the next ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.22 236.30 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.21 236.30 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.99 236.30 Td (five years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.13 236.30 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.13 236.30 Td (During 2014, we spent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.73 236.30 Td ($460 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.12 236.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.62 236.30 Td (on these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 224.30 Td (acquisitions and the related debt retirements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.83 224.30 Td ( ) Tj ET Q q 0 0 0 rg BT 231.15 224.30 Td (W) Tj ET Q q 0 0 0 rg BT 239.79 224.30 Td (e plan to spend an additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.98 224.30 Td ($170 million to $210 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.54 224.30 Td ( on North ) Tj ET Q q 0 0 0 rg BT 512.82 224.30 Td (American ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 212.30 Td (distributor acquisitions and the related debt retirements in 2015. Refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.20 212.30 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.20 212.30 Td (, ") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.28 212.30 Td (ACQUISITIONS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.28 212.30 Td (," to the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 483.35 212.30 Td (Consolidated ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 200.30 Td (Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.71 200.30 Td ( for additional information.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 180.30 Td (During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.83 180.30 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.83 180.30 Td (, we repurchased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.80 180.30 Td ($670 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.19 180.30 Td ( of common stock under the 2012 Board of Directors authorized plan. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.50 180.30 Td (In July 2014, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 168.30 Td (our Board of Directors authorized the acquisition of up to $1 billion of additional common stock upon the completion of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 156.30 Td (2012 repurchase plan.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.02 156.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 136.30 Td (In the fourth quarter of 2014, we exercised our option to extend the maturity date of our revolving credit agreement by one year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 124.30 Td (from November 9, 2017, to November 9, 2018.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 104.30 Td (In December 2014, Moody's Investors Service, Inc. raised our rating to 'A2' and confirmed our outlook as stable.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.12 104.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 80.30 Td (In July 2014, the Board of Directors authorized a dividend increase of approximately 25 percent from $0.625 per share to $0.78 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 68.30 Td (per share on a quarterly basis.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.40 68.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 67 0 obj <>] /Rotate 0 /Contents 68 0 R>> endobj 68 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Our debt to capital ratio \(capital is defined as debt plus equity\) at December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.00 742.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.00 742.10 Td (, was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.05 742.10 Td (17.3 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.48 742.10 Td (, compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.68 742.10 Td (18.1 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.42 730.10 Td ( at December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.22 730.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.22 730.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.67 730.10 Td (As of the date of filing this ) Tj ET Q q 0 0 0 rg BT 284.38 730.10 Td (Annual Report on Form 10-K, we had an 'A+' credit rating with a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td ('Stable' outlook from Standard& Poor) Tj ET Q q 0 0 0 rg BT 203.68 718.10 Td () Tj ET Q q 0 0 0 rg BT 206.46 718.10 Td (s Rating Services, an 'A' credit rating with a 'Stable' outlook from Fitch Ratings and an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td ('A2' credit rating with a 'Stable' outlook from Moody) Tj ET Q q 0 0 0 rg BT 264.39 706.10 Td (s Investors Service,Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.20 706.10 Td ( In addition to our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.91 706.10 Td ($2.4 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.03 706.10 Td ( in cash and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (marketable securities on hand, we have suf) Tj ET Q q 0 0 0 rg BT 221.70 694.10 Td (ficient access to our credit facilities, if necessary) Tj ET Q q 0 0 0 rg BT 415.41 694.10 Td (, to meet currently anticipated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (investment and funding needs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 662.10 Td (Our global pension plans, including our unfunded and non-qualified plans, were 108 percent funded at December 31, 2014.Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 650.10 Td (U.S. qualified plan, which represents approximately 56 percent of the worldwide pension obligation, was 1) Tj ET Q q 0 0 0 rg BT 477.86 650.10 Td (19 percent funded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 638.10 Td (and our United Kingdom \(U.K.\) plan was 1) Tj ET Q q 0 0 0 rg BT 223.76 638.10 Td (13 percent funded.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.46 638.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.78 638.10 Td (W) Tj ET Q q 0 0 0 rg BT 309.41 638.10 Td (e expect to contribute) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.77 638.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.27 638.10 Td ($175 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.66 638.10 Td ( to our global pension plans ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.10 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.28 626.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.28 626.10 Td (. ) Tj ET Q q 0 0 0 rg BT 85.10 626.10 Td (W) Tj ET Q q 0 0 0 rg BT 93.74 626.10 Td (e anticipate pension and other postretirement benefit cost in 2015 to increase by approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.83 626.10 Td ($3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.23 626.10 Td ( pre-tax, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 614.10 Td ($0.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 614.10 Td ( per diluted share, when compared to 2014. ) Tj ET Q q 0 0 0 rg BT 247.82 614.10 Td (The increase is due to lower discount rates and unfavorable demographics ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 602.10 Td (mostly of) Tj ET Q q 0 0 0 rg BT 87.88 602.10 Td (fset by favorable expected return on asset performance. Refer to application of critical accounting estimates within ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 590.10 Td (MD&A) Tj ET Q q 0 0 0 rg BT 80.56 590.10 Td ( and Note) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.94 590.10 Td (1) Tj ET Q q 0 0 0 rg BT 126.57 590.10 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.57 590.10 Td (, ") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.65 590.10 Td (PENSION ) Tj ET Q q 0 0 0 rg BT 184.82 590.10 Td (AND OTHER POSTRETIREMENT) Tj ET Q q 0 0 0 rg BT 332.42 590.10 Td ( BENEFITS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.59 590.10 Td (," to the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 415.66 590.10 Td (Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.21 590.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 578.10 Td (for additional information concerning our pension and other post-retirement benefit plans. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 554.10 Td (2015) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 70.00 554.10 Td ( OUTLOOK) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 530.10 Td (Near) Tj ET Q q 0 0 0 rg BT 70.73 530.10 Td (-T) Tj ET Q q 0 0 0 rg BT 79.81 530.10 Td (erm) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 506.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 506.10 Td (e currently expect the following positive trends in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.25 506.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.25 506.10 Td (:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 486.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 486.10 Td (W) Tj ET Q q 0 0 0 rg BT 94.64 486.10 Td (e expect the North ) Tj ET Q q 0 0 0 rg BT 170.17 486.10 Td (American heavy-duty and medium-duty on-highway markets to increase in 2015 as compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 474.10 Td (the market in 2014.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 454.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 454.10 Td (W) Tj ET Q q 0 0 0 rg BT 94.64 454.10 Td (e expect the new ISG engine, which began production in the second quarter of 2014 with our Beijing Foton ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 442.10 Td (Cummins Engine Co., Ltd. joint venture, to continue to gain market share in China in its first full year of production.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 422.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 422.10 Td (W) Tj ET Q q 0 0 0 rg BT 94.64 422.10 Td (e plan to continue acquiring our partially-owned North ) Tj ET Q q 0 0 0 rg BT 315.69 422.10 Td (American distributors, which will increase our Distribution ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 410.10 Td (segment revenues.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 390.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 390.10 Td (Demand in some end markets in India are expected to begin to experience growth during the year) Tj ET Q q 0 0 0 rg BT 475.31 390.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 370.10 Td (e currently expect the following challenges to our business that may reduce our revenue and earnings potential in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.49 370.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.49 370.10 Td (:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 350.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 350.10 Td (Power generation markets are expected to remain weak.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 330.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 330.10 Td (W) Tj ET Q q 0 0 0 rg BT 94.64 330.10 Td (eak economic growth in Brazil could continue to negatively impact our on-highway and power generation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 318.10 Td (businesses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 298.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 298.10 Td (W) Tj ET Q q 0 0 0 rg BT 94.64 298.10 Td (e do not anticipate end markets in China to improve.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 278.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 278.10 Td (Demand in certain European markets could remain weak due to continued political and economic uncertainty) Tj ET Q q 0 0 0 rg BT 522.97 278.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 258.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 258.10 Td (Growth in emer) Tj ET Q q 0 0 0 rg BT 149.13 258.10 Td (ging markets could be negatively impacted if emission regulations are not strictly enforced.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 238.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 238.10 Td (Foreign currency volatility could continue to put pressure on revenue and earnings.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 218.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 218.10 Td (W) Tj ET Q q 0 0 0 rg BT 94.64 218.10 Td (e expect market demand to decline in the oil and gas markets as the result of the lower crude oil prices.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 198.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 198.10 Td (Domestic and international mining markets could continue to deteriorate if commodity prices weaken.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td (Long-T) Tj ET Q q 0 0 0 rg BT 81.31 178.10 Td (erm) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 158.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 158.10 Td (e believe that, over the longer term, there will be economic improvements in most of our current markets and that our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 146.10 Td (opportunities for long-term profitable growth will continue in the future as the result of the following four macroeconomic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 134.10 Td (trends that will benefit our businesses:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 114.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 114.10 Td (tightening emissions controls across the world;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 94.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 94.10 Td (infrastructure needs in emer) Tj ET Q q 0 0 0 rg BT 197.71 94.10 Td (ging markets;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 74.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 74.10 Td (ener) Tj ET Q q 0 0 0 rg BT 103.03 74.10 Td (gy availability and cost issues; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 54.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 54.10 Td (globalization of industries like ours.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 69 0 obj <>] /Rotate 0 /Contents 70 0 R>> endobj 70 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (34) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (RESUL) Tj ET Q q 0 0 0 rg BT 82.43 742.25 Td (TS OF) Tj ET Q q 0 0 0 rg BT 110.67 742.25 Td ( OPERA) Tj ET Q q 0 0 0 rg BT 147.43 742.25 Td (TIONS) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 690.75 200.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 690.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 254.50 690.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 690.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 300.50 690.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 690.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 690.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 690.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 690.75 39.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 690.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 690.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 475.50 690.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 690.75 39.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 690.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 690.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 662.75 200.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 250.50 662.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 254.50 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703.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 703.75 m 475.5 703.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 703.75 m 518.5 703.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518.5 703.75 m 522.5 703.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 703.75 m 562.5 703.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 254.5 690.75 m 296.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 690.75 m 342.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 690.75 m 388.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 690.75 m 431.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 690.75 m 475.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 690.75 m 518.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 690.75 m 562.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 254.5 690.75 m 296.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 690.75 m 342.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 690.75 m 431.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 690.75 m 475.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 690.75 m 518.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 690.75 m 562.5 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 254.5 662.75 m 296.5 662.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 662.75 m 342.5 662.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 662.75 m 388.5 662.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 662.75 m 431.5 662.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 662.75 m 518.5 662.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 254.5 578.75 m 296.5 578.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 578.75 m 342.5 578.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 578.75 m 388.5 578.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 578.75 m 431.5 578.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 578.75 m 518.5 578.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 254.5 522.75 m 296.5 522.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 522.75 m 342.5 522.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 522.75 m 388.5 522.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 522.75 m 431.5 522.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 522.75 m 518.5 522.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 254.5 494.75 m 296.5 494.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 494.75 m 342.5 494.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 494.75 m 388.5 494.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 494.75 m 431.5 494.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 494.75 m 518.5 494.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 254.5 466.75 m 296.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 466.75 m 342.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 466.75 m 388.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 466.75 m 431.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 466.75 m 518.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 254.5 451.75 m 296.5 451.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 254.5 453.75 m 296.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 254.5 432.75 m 296.5 432.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 254.5 430.75 m 296.5 430.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 451.75 m 342.5 451.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 453.75 m 342.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 432.75 m 342.5 432.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 300.5 430.75 m 342.5 430.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 451.75 m 388.5 451.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 453.75 m 388.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 432.75 m 388.5 432.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 430.75 m 388.5 430.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 451.75 m 431.5 451.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 453.75 m 431.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 432.75 m 431.5 432.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 430.75 m 431.5 430.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 451.75 m 518.5 451.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 453.75 m 518.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 432.75 m 518.5 432.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 430.75 m 518.5 430.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 722.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.00 722.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 303.00 722.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 349.00 722.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 434.55 721.98 Td (Favorable/\(Unfavorable\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 708.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 275.95 707.98 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 410.90 707.98 Td (2014 vs. 2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 497.90 707.98 Td (2013 vs. 2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 694.98 Td (In millions \(except per share amounts\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 267.00 694.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.00 694.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.00 694.98 Td (2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.45 694.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 441.95 694.98 Td (Percent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.45 694.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.95 694.98 Td (Percent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 680.98 Td (NET SALES) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 257.00 681.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 268.25 681.20 Td (19,221) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 303.00 681.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 314.25 681.21 Td (17,301) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 349.00 681.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 360.25 681.21 Td (17,334) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.00 681.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.75 681.21 Td (1,920) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 455.50 681.21 Td (11) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 467.50 681.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 482.00 681.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 681.21 Td (\(33) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 515.00 681.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 542.50 681.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 554.50 681.21 Td (%) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 667.00 Td (Cost of sales) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 268.25 667.20 Td (14,360) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 314.25 667.21 Td (13,021) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 360.25 667.21 Td (12,918) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 404.75 667.21 Td (\(1,339) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 428.00 667.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 452.50 667.21 Td (\(10) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.50 667.21 Td (\)%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 498.50 667.21 Td (\(103) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 515.00 667.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.00 667.21 Td (\(1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 551.50 667.21 Td (\)%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 652.98 Td (GROSS MARGIN) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 272.75 653.20 Td (4,861) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 318.75 653.21 Td (4,280) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 364.75 653.21 Td (4,416) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 414.50 653.21 Td (581) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 455.50 653.21 Td (14) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 467.50 653.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 498.50 653.21 Td (\(136) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 515.00 653.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.00 653.21 Td (\(3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 551.50 653.21 Td (\)%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 638.98 Td (OPERATING EXPENSES AND INCOME) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 257.00 639.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 303.00 639.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 349.00 639.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.00 639.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 472.00 639.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 482.00 639.21 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 625.00 Td (Selling, general and administrative expenses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 272.75 625.20 Td (2,095) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 318.75 625.21 Td (1,817) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 364.75 625.21 Td (1,808) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 411.50 625.21 Td (\(278) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 428.00 625.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 452.50 625.21 Td (\(15) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.50 625.21 Td (\)%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 507.50 625.21 Td (\(9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 515.00 625.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 542.50 625.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 554.50 625.21 Td (%) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 611.00 Td (Research, development and engineering expenses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.50 611.20 Td (754) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 325.50 611.21 Td (713) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 371.50 611.21 Td (728) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 416.00 611.21 Td (\(41) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 428.00 611.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 457.00 611.21 Td (\(6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.50 611.21 Td (\)%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 506.00 611.21 Td (15) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.00 611.21 Td (2) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 554.50 611.21 Td (%) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 597.00 Td (Equity, royalty and interest income from investees) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.50 597.20 Td (370) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 325.50 597.21 Td (361) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 371.50 597.21 Td (384) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 423.50 597.21 Td (9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 460.00 597.21 Td (2) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 467.50 597.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 597.21 Td (\(23) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 515.00 597.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.00 597.21 Td (\(6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 551.50 597.21 Td (\)%) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 583.00 Td (Other operating income \(expense\), net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 281.00 583.20 Td (\(17) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 293.00 583.20 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.00 583.21 Td (\(10) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 339.00 583.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 373.00 583.21 Td (\(10) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 385.00 583.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 420.50 583.21 Td (\(7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 428.00 583.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 455.50 583.21 Td (70) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 467.50 583.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 506.00 583.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 542.50 583.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 554.50 583.21 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 568.98 Td (OPERATING INCOME) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 272.75 569.20 Td (2,365) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 318.75 569.21 Td (2,101) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 364.75 569.21 Td (2,254) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 414.50 569.21 Td (264) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 455.50 569.21 Td (13) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 467.50 569.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 498.50 569.21 Td (\(153) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 515.00 569.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.00 569.21 Td (\(7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 551.50 569.21 Td (\)%) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 555.00 Td (Interest income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 284.00 555.20 Td (23) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 330.00 555.21 Td (27) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 376.00 555.21 Td (25) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 420.50 555.21 Td (\(4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 428.00 555.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 452.50 555.21 Td (\(15) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.50 555.21 Td (\)%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 510.50 555.21 Td (2) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.00 555.21 Td (8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 554.50 555.21 Td (%) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 541.00 Td (Interest expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 284.00 541.20 Td (64) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 330.00 541.21 Td (41) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 376.00 541.21 Td (32) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 416.00 541.21 Td (\(23) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 428.00 541.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 452.50 541.21 Td (\(56) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.50 541.21 Td (\)%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 507.50 541.21 Td (\(9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 515.00 541.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 539.50 541.21 Td (\(28) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 551.50 541.21 Td (\)%) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 527.00 Td (Other income \(expense\), net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.50 527.20 Td (110) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 330.00 527.21 Td (32) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 376.00 527.21 Td (24) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.00 527.21 Td (78) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 457.45 527.21 Td (NM) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 510.50 527.21 Td (8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 542.50 527.21 Td (33) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 554.50 527.21 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 512.98 Td (INCOME BEFORE INCOME TAXES) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 272.75 513.20 Td (2,434) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 318.75 513.21 Td (2,119) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 364.75 513.21 Td (2,271) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 414.50 513.21 Td (315) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 455.50 513.21 Td (15) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 467.50 513.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 498.50 513.21 Td (\(152) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 515.00 513.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.00 513.21 Td (\(7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 551.50 513.21 Td (\)%) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 499.00 Td (Income tax expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 279.50 499.20 Td (698) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 325.50 499.21 Td (531) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 371.50 499.21 Td (533) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 411.50 499.21 Td (\(167) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 428.00 499.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 452.50 499.21 Td (\(31) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.50 499.21 Td (\)%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 510.50 499.21 Td (2) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 542.50 499.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 554.50 499.21 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 484.98 Td (CONSOLIDATED NET INCOME) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 272.75 485.20 Td (1,736) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 318.75 485.21 Td (1,588) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 364.75 485.21 Td (1,738) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 414.50 485.21 Td (148) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 460.00 485.21 Td (9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 467.50 485.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 498.50 485.21 Td (\(150) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 515.00 485.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.00 485.21 Td (\(9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 551.50 485.21 Td (\)%) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 471.00 Td (Less: Net income attributable to noncontrolling interests) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 284.00 471.20 Td (85) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 325.50 471.21 Td (105) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 376.00 471.21 Td (93) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 419.00 471.21 Td (20) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 455.50 471.21 Td (19) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 467.50 471.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 471.21 Td (\(12) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 515.00 471.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 539.50 471.21 Td (\(13) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 551.50 471.21 Td (\)%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 456.98 Td (NET) Tj ET Q q 0 0 0 rg BT 69.30 456.98 Td ( INCOME ) Tj ET Q q 0 0 0 rg BT 106.64 456.98 Td (A) Tj ET Q q 0 0 0 rg BT 111.82 456.98 Td (TTRIBUT) Tj ET Q q 0 0 0 rg BT 147.24 456.98 Td (ABLE ) Tj ET Q q 0 0 0 rg BT 170.88 456.98 Td (T) Tj ET Q q 0 0 0 rg BT 176.07 456.98 Td (O CUMMINS INC) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 240.96 456.98 Td (.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 257.00 457.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 272.75 457.20 Td (1,651) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 303.00 457.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 318.75 457.21 Td (1,483) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 349.00 457.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 364.75 457.21 Td (1,645) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.00 457.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 414.50 457.21 Td (168) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 455.50 457.21 Td (11) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 467.50 457.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 482.00 457.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 498.50 457.21 Td (\(162) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 515.00 457.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 539.50 457.21 Td (\(10) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 551.50 457.21 Td (\)%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 443.98 Td (Diluted earnings per common share attributable to) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 435.98 Td (Cummins Inc.) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 257.00 436.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 277.25 436.20 Td (9.02) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 303.00 436.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 323.25 436.21 Td (7.91) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 349.00 436.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 369.25 436.21 Td (8.67) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.00 436.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 412.25 436.21 Td (1.11) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 455.50 436.21 Td (14) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 467.50 436.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 482.00 436.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.25 436.21 Td (\(0.76) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 515.00 436.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.00 436.21 Td (\(9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 551.50 436.21 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 50.00 425.05 Td (_____________________________________________________) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 415.45 Td ("NM" - not meaningful information) Tj ET Q BT /F1 8.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 76.00 361.35 210.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.00 361.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.00 361.35 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.00 361.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.00 361.35 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 361.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.00 361.35 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 361.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.00 361.35 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.00 361.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.00 361.35 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 76.00 331.35 210.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.00 331.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.00 331.35 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.00 331.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.00 331.35 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 331.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.00 331.35 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 331.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.00 331.35 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.00 331.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.00 331.35 54.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422 374.35 m 477 374.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477 374.35 m 481 374.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 374.35 m 535 374.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 76 361.35 m 286 361.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290 361.35 m 330 361.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334 361.35 m 374 361.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378 361.35 m 418 361.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422 374.35 m 477 374.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422 361.35 m 477 361.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 477 374.35 m 481 374.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 374.35 m 535 374.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 361.35 m 535 361.35 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 78.50 379.03 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 292.50 379.03 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 336.50 379.03 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.50 379.03 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 435.55 386.58 Td (Favorable/\(Unfavorable\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 447.50 378.58 Td (Percentage Points) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 78.50 365.58 Td (Percent of sales) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 301.50 365.58 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 345.50 365.58 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.50 365.58 Td (2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.40 365.58 Td (2014 vs. 2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.90 365.58 Td (2013 vs. 2012) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 84.50 350.91 Td (Gross margin) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 303.35 350.92 Td (25.3) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 320.00 350.92 Td (%) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 348.90 350.91 Td (24.7) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 365.55 350.91 Td (%) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 392.90 350.91 Td (25.5) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 409.55 350.91 Td (%) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 461.40 350.91 Td (0.6) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 516.25 350.91 Td (\(0.8) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 531.30 350.91 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 84.50 335.91 Td (Selling, general and administrative expenses) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 303.35 335.92 Td (10.9) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 320.00 335.92 Td (%) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 348.90 335.91 Td (10.5) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 365.55 335.91 Td (%) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 392.90 335.91 Td (10.4) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 409.55 335.91 Td (%) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 458.25 335.91 Td (\(0.4) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 473.30 335.91 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 516.25 335.91 Td (\(0.1) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 531.30 335.91 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 84.50 320.91 Td (Research, development and engineering expenses) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 308.10 320.92 Td (3.9) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 320.00 320.92 Td (%) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 353.65 320.91 Td (4.1) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 365.55 320.91 Td (%) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 397.65 320.91 Td (4.2) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 409.55 320.91 Td (%) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 461.40 320.91 Td (0.2) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 519.40 320.91 Td (0.1) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 50 295.28505859375 m 106.3916015625 295.28505859375 l s q 0 0 0 rg BT 50.00 296.85 Td (2014 vs. 2013) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 106.39 296.85 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 276.85 Td (Net Sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 256.85 Td (Net sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.88 256.85 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.63 256.85 Td (d versus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.18 256.85 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.18 256.85 Td ( primarily driven by the following:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 235.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 235.85 Td (Distribution segment sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.60 235.85 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.35 235.85 Td (d by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.35 235.85 Td (38 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.28 235.85 Td ( primarily due to the acquisitions of North ) Tj ET Q q 0 0 0 rg BT 459.80 235.85 Td (American distributors.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 214.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 214.85 Td (Engine segment sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.59 214.85 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.34 214.85 Td (d by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.34 214.85 Td (9 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.27 214.85 Td ( due to higher demand in the North ) Tj ET Q q 0 0 0 rg BT 406.46 214.85 Td (American on-highway markets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 193.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 193.85 Td (Components segment sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.82 193.85 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.57 193.85 Td (d by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.57 193.85 Td (18 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.50 193.85 Td ( primarily due to higher demand in on-highway markets in North ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 181.85 Td (America, Europe and China.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 161.85 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.05 161.85 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.80 161.85 Td (s were partially of) Tj ET Q q 0 0 0 rg BT 173.09 161.85 Td (fset by the following:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 141.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 141.85 Td (Power Generation segment sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.74 141.85 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.15 141.85 Td (d by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.15 141.85 Td (4 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.08 141.85 Td ( mainly due to lower volumes within power products, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 129.85 Td (alternators and power systems.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 109.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 109.85 Td (Foreign currency fluctuations unfavorably impacted sales by approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.46 109.85 Td (1 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.38 109.85 Td ( \(primarily in Brazil and India\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 89.85 Td (Sales to international markets \(excluding the U.S. and Canada\), based on location of customers, were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.38 89.85 Td (44 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.31 89.85 Td (of total net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 77.85 Td (sales in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.22 77.85 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.22 77.85 Td (, compared with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.42 77.85 Td (48 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.34 77.85 Td ( of total net sales in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.88 77.85 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.88 77.85 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 57.85 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 57.85 Td ( more detailed discussion of sales by segment is presented in the OPERA) Tj ET Q q 0 0 0 rg BT 352.72 57.85 Td (TING SEGMENT) Tj ET Q q 0 0 0 rg BT 426.15 57.85 Td ( RESUL) Tj ET Q q 0 0 0 rg BT 459.40 57.85 Td (TS section.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 71 0 obj <>] /Rotate 0 /Contents 72 0 R>> endobj 72 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (35) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Gross Margin) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (Gross mar) Tj ET Q q 0 0 0 rg BT 91.20 722.25 Td (gin ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.48 722.25 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.23 722.25 Td ( by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.23 722.25 Td ($581 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.63 722.25 Td ( and as a percentage of sales by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.90 722.25 Td (0.6 percentage points) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 722.25 Td ( as higher volumes, improved ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (Distribution segment sales related to the consolidation of partially-owned North ) Tj ET Q q 0 0 0 rg BT 371.60 710.25 Td (American distributors since ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.62 710.25 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 698.25 Td (, lower material and commodity costs and favorable mix, were partially of) Tj ET Q q 0 0 0 rg BT 366.67 698.25 Td (fset by unfavorable foreign currency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 686.25 Td (fluctuations \(primarily in ) Tj ET Q q 0 0 0 rg BT 152.48 686.25 Td (Australia, Europe and Canada\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 666.25 Td (The provision for warranties issued, excluding campaigns, as a percentage of sales was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.72 666.25 Td (2.0 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.14 666.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.92 666.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.92 666.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.36 666.25 Td (2.1 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.78 666.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 654.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 654.25 Td (. ) Tj ET Q q 0 0 0 rg BT 74.45 654.25 Td (A) Tj ET Q q 0 0 0 rg BT 81.12 654.25 Td ( more detailed discussion of mar) Tj ET Q q 0 0 0 rg BT 211.18 654.25 Td (gin by segment is presented in the "OPERA) Tj ET Q q 0 0 0 rg BT 385.52 654.25 Td (TING SEGMENT) Tj ET Q q 0 0 0 rg BT 458.95 654.25 Td ( RESUL) Tj ET Q q 0 0 0 rg BT 492.20 654.25 Td (TS" section.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (Selling, General and ) Tj ET Q q 0 0 0 rg BT 137.42 634.25 Td (Administrative Expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 614.25 Td (Selling, general and administrative expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.50 614.25 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.26 614.25 Td ( primarily due to higher compensation and related expenses of $1) Tj ET Q q 0 0 0 rg BT 529.47 614.25 Td (18 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 602.25 Td (million and increased consulting fees of $28 million. ) Tj ET Q q 0 0 0 rg BT 263.39 602.25 Td (These increases were significantly impacted by the acquisition of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 590.25 Td (partially owned North ) Tj ET Q q 0 0 0 rg BT 140.26 590.25 Td (American distributors since December 31, 2012. Compensation and related expenses include salaries, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 578.25 Td (fringe benefits and variable compensation. Overall, selling, general and administrative expenses, as a percentage of sales, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.25 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.75 566.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.53 566.25 Td (10.9 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.96 566.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.73 566.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.73 566.25 Td ( from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.17 566.25 Td (10.5 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.60 566.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.38 566.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.38 566.25 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 546.25 Td (Research, Development and Engineering Expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (Research, development and engineering expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.04 526.25 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.79 526.25 Td ( primarily due to higher compensation and related expenses of $44 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (million, partially of) Tj ET Q q 0 0 0 rg BT 127.86 514.25 Td (fset by decreased consulting expenses of $7 million and increased expense recovery of $7 million. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (Compensation and related expenses include salaries, fringe benefits and variable compensation. Overall, research, development ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (and engineering expenses, as a percentage of sales, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.58 490.25 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.99 490.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.77 490.25 Td (3.9 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.19 490.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.97 490.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.97 490.25 Td ( from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.41 490.25 Td (4.1 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.83 490.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.61 490.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.61 490.25 Td (. Research ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (activities continue to focus on development of new products to meet future emission standards around the world and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (improvements in fuel economy performance.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 446.25 Td (Equity) Tj ET Q q 0 0 0 rg BT 76.86 446.25 Td (, Royalty and Interest Income From Investees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 426.25 Td (Equity) Tj ET Q q 0 0 0 rg BT 76.02 426.25 Td (, royalty and interest income from investees ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.74 426.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.49 426.25 Td (d primarily due to the following:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 147.50 394.75 242.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 394.75 74.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 147.50 366.75 242.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 366.75 74.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 147.50 338.75 242.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 338.75 74.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 147.50 310.75 242.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 310.75 74.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 147.50 282.75 242.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 282.75 74.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 394.75 m 463.5 394.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 296.75 m 463.5 296.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 268.75 m 463.5 268.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 255.75 m 463.5 255.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 253.75 m 463.5 253.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 150.00 398.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.40 406.98 Td (2014 vs. 2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 392.60 398.98 Td (Increase/\(Decrease\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.00 385.32 Td (Beijing Foton Cummins Engine Co.,Ltd. \(Light-duty\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 385.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 385.32 Td (11) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.00 371.32 Td (Komatsu Cummins Chile, Ltda.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.65 371.32 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.00 357.32 Td (Dongfeng Cummins Engine Company,Ltd.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.65 357.32 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.00 343.32 Td (Chongqing Cummins Engine Company,Ltd.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.30 343.37 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 343.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.00 329.32 Td (Beijing Foton Cummins Engine Co., Ltd. \(Heavy-duty\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.30 329.37 Td (\(9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 329.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.00 315.32 Td (North American distributors) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.30 315.37 Td (\(22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 315.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.00 301.32 Td (All other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 301.32 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 287.32 Td (Cummins share of net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.65 287.32 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.00 273.32 Td (Royalty and interest income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.65 273.32 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.00 259.32 Td (Equity, royalty and interest income from investees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 259.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.65 259.32 Td (9) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 231.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.05 231.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.80 231.25 Td (s above were primarily due to increased earnings at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.77 231.25 Td (Beijing Foton Cummins Engine Co.,Ltd. \(Light-duty\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.27 231.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 219.25 Td (Komatsu Cummins Chile, Ltda.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.50 219.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.93 219.25 Td (Dongfeng Cummins Engine Company) Tj ET Q q 0 0 0 rg BT 349.88 219.25 Td (,Ltd.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.27 219.25 Td (, partially of) Tj ET Q q 0 0 0 rg BT 420.24 219.25 Td (fset by the consolidation of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 207.25 Td (partially-owned North ) Tj ET Q q 0 0 0 rg BT 141.09 207.25 Td (American distributors since December 31, 2012 and losses at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.25 207.25 Td (Beijing Foton Cummins Engine Co., Ltd. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 195.25 Td (\(Heavy-duty\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.87 195.25 Td ( as the result of increased expenses related to the production launch of the 2014 product in the second quarter of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 183.25 Td (2014.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 159.25 Td (As we execute our plan to acquire partially-owned distributors, we expect equity earnings for our North ) Tj ET Q q 0 0 0 rg BT 466.82 159.25 Td (American distributors ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 147.25 Td (to decrease as the earnings will be included in our consolidated results. See Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.18 147.25 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.18 147.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.62 147.25 Td (ACQUISITIONS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.62 147.25 Td (, to the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 494.05 147.25 Td (Consolidated ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 135.25 Td (Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.71 135.25 Td ( for further information.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 73 0 obj <>] /Rotate 0 /Contents 74 0 R>> endobj 74 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (36) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Other Operating Income \(Expense\), Net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (Other operating income \(expense\), net was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 123.00 684.75 257.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 684.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 684.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 684.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 684.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 123.00 656.75 257.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 656.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 656.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 656.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 656.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 123.00 628.75 257.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 628.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 628.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 628.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 628.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 123.00 600.75 257.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 600.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 600.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 600.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 600.75 50.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 697.75 m 434 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 697.75 m 438 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 697.75 m 488 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 684.75 m 434 684.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 684.75 m 488 684.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 600.75 m 434 600.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 587.75 m 434 587.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 585.75 m 434 585.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 600.75 m 488 600.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 587.75 m 488 587.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 585.75 m 488 585.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 125.50 702.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.45 701.98 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 125.50 688.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.50 688.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 454.50 688.98 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 675.32 Td (Loss on write off of assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.50 675.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.80 675.48 Td (\(23) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.15 675.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.50 675.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.80 675.37 Td (\(14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 675.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 661.32 Td (Amortization of intangible assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.80 661.48 Td (\(16) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.15 661.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.80 661.37 Td (\(11) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 661.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 647.32 Td (Royalty expense) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.80 647.48 Td (\(7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.15 647.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.80 647.37 Td (\(4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 647.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 633.32 Td (Legal matters) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.80 633.48 Td (\(3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.15 633.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.80 633.37 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 633.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 619.32 Td (Royalty income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.15 619.43 Td (34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.15 619.32 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 605.32 Td (Other, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.80 605.48 Td (\(2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.15 605.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 605.32 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.50 591.32 Td (Total other operating income \(expense\), net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.50 591.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.80 591.48 Td (\(17) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.15 591.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.50 591.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.80 591.37 Td (\(10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 591.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 567.25 Td (Interest Income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 547.25 Td (Interest income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.42 547.25 Td (decreased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.83 547.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.61 547.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.61 547.25 Td (, primarily due to an interest income recovery of a loan previously deemed unrecoverable in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 535.25 Td (the second quarter of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.63 535.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.63 535.25 Td (. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 515.25 Td (Interest Expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 495.25 Td (Interest expense ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.19 495.25 Td (increased) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.95 495.25 Td ( as a result of the $1 billion debt issuance in September 2013.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 475.25 Td (Other Income \(Expense\), Net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 455.25 Td (Other income \(expense\), net was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 109.50 417.75 284.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 417.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 417.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 417.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 417.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 109.50 389.75 284.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 389.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 389.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 389.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 389.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 109.50 361.75 284.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 361.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 361.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 361.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 361.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 109.50 333.75 284.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 333.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 333.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 333.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 333.75 50.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 430.75 m 447.5 430.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 430.75 m 451.5 430.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 430.75 m 501.5 430.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 417.75 m 447.5 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 417.75 m 501.5 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 319.75 m 447.5 319.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 306.75 m 447.5 306.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 304.75 m 447.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 319.75 m 501.5 319.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 306.75 m 501.5 306.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 304.75 m 501.5 304.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 112.00 435.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.95 434.98 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 112.00 421.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.00 421.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.00 421.98 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 408.32 Td (Gain on fair value adjustment for consolidated investee ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 335.82 412.85 Td (\(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.00 408.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.65 408.43 Td (73) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 408.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 408.32 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 394.32 Td (Change in cash surrender value of corporate owned life insurance) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.65 394.43 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 394.32 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 380.32 Td (Gain on marketable securities, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.65 380.43 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 380.32 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 366.32 Td (Dividend income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.65 366.43 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 366.32 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 352.32 Td (Foreign currency loss, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.30 352.48 Td (\(6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.65 352.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 352.37 Td (\(27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 352.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 338.32 Td (Bank charges) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.30 338.48 Td (\(12) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.65 338.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 338.37 Td (\(10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 338.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 324.32 Td (Other, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.65 324.43 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 324.32 Td (27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.00 310.32 Td (Total other income \(expense\), net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.00 310.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.65 310.43 Td (110) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 310.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 310.32 Td (32) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 95.00 299.05 Td ( ____________________________________________________________) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 50.00 284.65 Td ( ) Tj ET Q q 0 0 0 rg BT 86.00 284.65 Td ( ) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 107.38 288.27 Td (\(1\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 113.44 284.65 Td ( See Note ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 146.54 284.65 Td (2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 150.54 284.65 Td (, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 158.09 284.65 Td (ACQUISITIONS) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 214.09 284.65 Td (," to the ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 241.35 284.65 Td (Consolidated Financial Statements) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 353.79 284.65 Td ( for more details.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 264.65 Td (Income T) Tj ET Q q 0 0 0 rg BT 88.80 264.65 Td (ax Expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 244.65 Td (Our income tax rates are generally less than the 35percent U.S. statutory income tax rate primarily because of lower taxes on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 232.65 Td (foreign earnings and research tax credits. Our ef) Tj ET Q q 0 0 0 rg BT 242.51 232.65 Td (fective tax rate for 2014 was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.13 232.65 Td (28.7 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.55 232.65 Td ( compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.25 232.65 Td (25.1 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.68 232.65 Td ( for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.34 232.65 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.34 232.65 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 220.65 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.05 220.65 Td (3.6 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.47 220.65 Td ( increase in the ef) Tj ET Q q 0 0 0 rg BT 182.81 220.65 Td (fective tax rate from 2013 to 2014 is partially due to a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.07 220.65 Td (1.2 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.50 220.65 Td ( net tax benefit for one-time ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 208.65 Td (items in 2013 that did not repeat in 2014. ) Tj ET Q q 0 0 0 rg BT 217.02 208.65 Td (These 2013 one-time items consisted primarily of the 2012 federal research tax credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 196.65 Td (that was reinstated during 2013. ) Tj ET Q q 0 0 0 rg BT 180.35 196.65 Td (The additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.88 196.65 Td (2.4 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.31 196.65 Td ( increase in tax rate from 2013 to 2014 is attributable primarily to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 184.65 Td (the following unfavorable items that occurred in 2014: a tax law change in the U.K. resulting in a higher limitation on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 172.65 Td (deductibility of interest; unfavorable changes in the jurisdictional mix of pretax income; and increases in state valuation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 160.65 Td (allowances. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 136.65 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 136.65 Td (e evaluate the recoverability of our deferred tax assets each quarter by assessing the likelihood of future profitability and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 124.65 Td (available tax planning strategies that could be implemented to realize our net deferred tax assets. ) Tj ET Q q 0 0 0 rg BT 438.19 124.65 Td (At December31, 2014, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 112.65 Td (recorded net deferred tax assets of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.38 112.65 Td ($184 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.77 112.65 Td (. ) Tj ET Q q 0 0 0 rg BT 245.59 112.65 Td (These assets included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.73 112.65 Td ($190 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.12 112.65 Td ( for the value of tax loss and credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 100.65 Td (carryforwards. ) Tj ET Q q 0 0 0 rg BT 110.53 100.65 Td (A) Tj ET Q q 0 0 0 rg BT 117.20 100.65 Td ( valuation allowance of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.27 100.65 Td ($144 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.66 100.65 Td ( was recorded to reduce the tax assets to the net value management ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 88.65 Td (believed was more likely than not to be realized. In the event our operating performance deteriorates, future assessments could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 76.65 Td (conclude that a lar) Tj ET Q q 0 0 0 rg BT 123.39 76.65 Td (ger valuation allowance will be needed to further reduce the deferred tax assets.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 75 0 obj <>] /Rotate 0 /Contents 76 0 R>> endobj 76 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (37) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 742.10 Td (e expect our 2015 ef) Tj ET Q q 0 0 0 rg BT 140.09 742.10 Td (fective tax rate to be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.21 742.10 Td (29.5 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.63 742.10 Td (, excluding any discrete items that may arise. ) Tj ET Q q 0 0 0 rg BT 456.17 742.10 Td (The research tax credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (expired December 31, 2014, and has not yet been renewed by Congress. If the research credit is reinstated during 2015, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (would anticipate the 2015 ef) Tj ET Q q 0 0 0 rg BT 163.67 718.10 Td (fective tax rate to be reduced to 28.5 percent, consistent with the 2014 rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.95 718.10 Td (28.7 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.37 718.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 698.10 Td (Noncontrolling Interests) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 678.10 Td (Noncontrolling interests eliminate the income or loss attributable to non-Cummins ownership interests in our consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 666.10 Td (entities. Noncontrolling interests in income of consolidated subsidiaries ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.11 666.10 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.53 666.10 Td (d primarily due to a $23 million decline from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 654.10 Td (the acquisition of the remaining interest in previously consolidated North ) Tj ET Q q 0 0 0 rg BT 344.94 654.10 Td (American distributors since ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.96 654.10 Td (December31, 2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.55 654.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (Net Income ) Tj ET Q q 0 0 0 rg BT 100.18 634.10 Td (Attributable to CumminsInc. and Diluted Earnings Per Share ) Tj ET Q q 0 0 0 rg BT 359.31 634.10 Td (Attributable to CumminsInc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 614.10 Td (Net income and diluted earnings per share attributable to CumminsInc. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.81 614.10 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.56 614.10 Td (d primarily due to higher gross mar) Tj ET Q q 0 0 0 rg BT 513.02 614.10 Td (gin, mainly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 602.10 Td (driven by improved volumes and improved Distribution segment sales related to the consolidation of partially-owned North ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 590.10 Td (American distributors since December 31, 2012.) Tj ET Q q 0 0 0 rg BT 246.43 590.10 Td (These ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.81 590.10 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.56 590.10 Td (s were partially of) Tj ET Q q 0 0 0 rg BT 377.85 590.10 Td (fset by higher selling, general and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 578.10 Td (administrative expenses and a higher ef) Tj ET Q q 0 0 0 rg BT 207.82 578.10 Td (fective tax rate of 28.7 percent in 2014 versus 25.1 percent in 2013. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.51 578.10 Td (Diluted earnings ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.10 Td (per share for 2014 benefited $0.16 from lower shares outstanding, primarily due to purchases under the stock repurchase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 554.10 Td (program.) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 50 532.53505859375 m 106.3916015625 532.53505859375 l s q 0 0 0 rg BT 50.00 534.10 Td (2013 vs. 2012) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 106.39 534.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (Net Sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 494.10 Td (Net sales decreased slightly versus 2012 and was primarily driven by the following:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 473.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 473.10 Td (Engine segment sales decreased by 7 percent due to lower demand in the power generation markets, weaker demand ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 461.10 Td (in the North ) Tj ET Q q 0 0 0 rg BT 136.27 461.10 Td (American heavy-duty truck markets and continued weakness in industrial demand, primarily in of) Tj ET Q q 0 0 0 rg BT 527.92 461.10 Td (f-high-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 449.10 Td (way mining markets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 428.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 428.10 Td (Power Generation segment sales decreased by 7 percent due to lower demand in the power solutions business, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 416.10 Td (primarily in the U.K., and lower demand in the power systems and the alternators businesses in international markets, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 404.10 Td (partially of) Tj ET Q q 0 0 0 rg BT 129.97 404.10 Td (fset by improvements in the North ) Tj ET Q q 0 0 0 rg BT 269.39 404.10 Td (American power product business.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 383.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 383.10 Td (Foreign currency fluctuations unfavorably impacted sales by 1percent.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 363.10 Td (The decreases were partially of) Tj ET Q q 0 0 0 rg BT 174.75 363.10 Td (fset by the following:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 343.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 343.10 Td (Distribution segment sales increased by 14 percent primarily due to incremental sales in 2013 related to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 331.10 Td (consolidation of partially-owned North ) Tj ET Q q 0 0 0 rg BT 244.30 331.10 Td (American distributors since June 2012.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 311.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 311.10 Td (Components segment sales increased by 8 percent due to higher sales within the emission solutions business, mainly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 299.10 Td (related to improved on-highway OEM and aftermarket demand in North ) Tj ET Q q 0 0 0 rg BT 377.03 299.10 Td (America, a full year of sales from Hilite ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 287.10 Td (which was acquired in the third quarter of 2012, 2013 pre-buy activity in anticipation of the Euro ) Tj ET Q q 0 0 0 rg BT 476.82 287.10 Td (VI emission ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 275.10 Td (standards and growth in the medium-duty Brazilian truck market resulting in improved aftertreatment demand. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 255.10 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 255.10 Td ( more detailed discussion of sales by segment is presented in the "OPERA) Tj ET Q q 0 0 0 rg BT 352.37 255.10 Td (TING SEGMENT) Tj ET Q q 0 0 0 rg BT 425.79 255.10 Td ( RESUL) Tj ET Q q 0 0 0 rg BT 459.04 255.10 Td (TS" section.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 235.10 Td (Sales to international markets \(excluding the U.S. and Canada\) were 48 percentof total net sales in 2013, compared with 49 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 223.10 Td (percent of total net sales in 2012.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 203.10 Td (Gross Margin) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 183.10 Td (Gross mar) Tj ET Q q 0 0 0 rg BT 91.20 183.10 Td (gin decreased by $125 million and as a percentage of sales by 0.7 percentage points. ) Tj ET Q q 0 0 0 rg BT 430.63 183.10 Td (The decrease in gross mar) Tj ET Q q 0 0 0 rg BT 534.85 183.10 Td (gin as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 171.10 Td (a percentage of sales was primarily due to a decline in demand for high-horsepower engines and gensets, partially of) Tj ET Q q 0 0 0 rg BT 516.04 171.10 Td (fset by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 159.10 Td (improved price realization, lower material and commodity costs and the absence of 2012 restructuring char) Tj ET Q q 0 0 0 rg BT 478.28 159.10 Td (ges of $29million.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 139.10 Td (The provision for warranties issued, excluding campaigns, as a percentage of sales was 2.1 percent in both 2013 and 2012. ) Tj ET Q q 0 0 0 rg BT 542.08 139.10 Td (A) Tj ET Q q 0 0 0 rg BT 548.75 139.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 127.10 Td (more detailed discussion of mar) Tj ET Q q 0 0 0 rg BT 177.56 127.10 Td (gin by segment is presented in the "OPERA) Tj ET Q q 0 0 0 rg BT 351.90 127.10 Td (TING SEGMENT) Tj ET Q q 0 0 0 rg BT 425.33 127.10 Td ( RESUL) Tj ET Q q 0 0 0 rg BT 458.58 127.10 Td (TS" section.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 77 0 obj <>] /Rotate 0 /Contents 78 0 R>> endobj 78 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (38) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Selling, General and ) Tj ET Q q 0 0 0 rg BT 137.42 742.25 Td (Administrative Expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (Selling, general and administrative expenses increased primarily due to incremental costs in 2013 related to the acquisition of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (partially owned North ) Tj ET Q q 0 0 0 rg BT 140.26 710.25 Td (American distributors since June 2012. ) Tj ET Q q 0 0 0 rg BT 298.94 710.25 Td (These costs primarily contributed to increased compensation and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (related expenses of $57 million, partially of) Tj ET Q q 0 0 0 rg BT 224.49 698.25 Td (fset by lower consulting of $24 million, the absence of 2012 restructuring char) Tj ET Q q 0 0 0 rg BT 538.40 698.25 Td (ges ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 686.25 Td (of $20million and reduced discretionary spending. Higher compensation expense was primarily due to increased headcount to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 674.25 Td (support our strategic growth initiatives. Compensation and related expenses include salaries, fringe benefits and variable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 662.25 Td (compensation. Overall, selling, general and administrative expenses, as a percentage of sales, increased to 1) Tj ET Q q 0 0 0 rg BT 480.86 662.25 Td (1.1 percent in 2013 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 650.25 Td (from 1) Tj ET Q q 0 0 0 rg BT 76.57 650.25 Td (1.0 percent in 2012.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 630.25 Td (Research, Development and Engineering Expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (Research, development and engineering expenses decreased primarily due to lower consulting of $30 million and decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (engineering program spending of $23 million, partially of) Tj ET Q q 0 0 0 rg BT 280.88 598.25 Td (fset by increases of $52 million in compensation related expenses. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (Higher compensation expense was primarily due to increased headcount to support our strategic growth initiatives. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (Compensation and related expenses include salaries and fringe benefits. Overall, research, development and engineering ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (expenses, as a percentage of sales, decreased to 4.1 percent in 2013 from 4.2 percent in 2012.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 542.25 Td (Equity) Tj ET Q q 0 0 0 rg BT 76.86 542.25 Td (, Royalty and Interest Income From Investees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 522.25 Td (Equity) Tj ET Q q 0 0 0 rg BT 76.02 522.25 Td (, royalty and interest income from investees decreased primarily due to the following:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 147.50 490.75 242.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 490.75 74.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 147.50 462.75 242.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 462.75 74.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 147.50 434.75 242.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 434.75 74.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 147.50 406.75 242.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 406.75 74.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 147.50 378.75 242.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 378.75 74.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 490.75 m 463.5 490.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 392.75 m 463.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 364.75 m 463.5 364.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 351.75 m 463.5 351.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 349.75 m 463.5 349.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 150.00 494.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.40 502.98 Td (2013 vs. 2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 392.60 494.98 Td (Increase/\(Decrease\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.00 481.32 Td (North American distributors) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 481.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.30 481.37 Td (\(18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 481.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.00 467.32 Td (Cummins Westport,Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.30 467.37 Td (\(10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 467.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.00 453.32 Td (Beijing Foton Cummins Engine Co., Ltd. \(Heavy-duty\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.30 453.37 Td (\(8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 453.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.00 439.32 Td (Tata Cummins,Ltd.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.30 439.37 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 439.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.00 425.32 Td (Dongfeng Cummins Engine Company,Ltd.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 425.32 Td (11) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.00 411.32 Td (Beijing Foton Cummins Engine Co., Ltd. \(Light-duty\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 411.32 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.00 397.32 Td (All other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.30 397.37 Td (\(3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 397.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 383.32 Td (Cummins share of net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.30 383.37 Td (\(22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 383.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.00 369.32 Td (Royalty and interest income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.30 369.37 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 369.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.00 355.32 Td (Equity, royalty and interest income from investees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 355.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.30 355.37 Td (\(23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 355.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 331.25 Td (The decreases above were primarily due to the consolidation of the partially-owned North ) Tj ET Q q 0 0 0 rg BT 411.82 331.25 Td (American distributors acquired in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 319.25 Td (2013, unfavorable warranty accruals at Cummins ) Tj ET Q q 0 0 0 rg BT 249.48 319.25 Td (W) Tj ET Q q 0 0 0 rg BT 258.12 319.25 Td (estport, Inc., an impaired equity investment within Power Generation and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 307.25 Td (additional start-up costs at Beijing Foton Cummins Engine Co., Ltd. \(Heavy-duty\), partially of) Tj ET Q q 0 0 0 rg BT 428.65 307.25 Td (fset by increased demand at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 295.25 Td (Beijing Foton Cummins Engine Co.,Ltd \(Light-duty\) and Dongfeng Cummins Engine Company) Tj ET Q q 0 0 0 rg BT 437.38 295.25 Td (, Ltd.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 275.25 Td (Other Operating Income \(Expense\), Net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 255.25 Td (Other operating income \(expense\), net was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 123.00 217.75 257.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 217.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 217.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 217.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 217.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 123.00 189.75 257.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 189.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 189.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 189.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 189.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 123.00 161.75 257.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 161.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 161.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 161.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 161.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 123.00 133.75 257.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 133.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 133.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 133.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 133.75 50.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 230.75 m 434 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 230.75 m 438 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 230.75 m 488 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 217.75 m 434 217.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 217.75 m 488 217.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 119.75 m 434 119.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 106.75 m 434 106.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 104.75 m 434 104.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 119.75 m 488 119.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 106.75 m 488 106.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 104.75 m 488 104.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 125.50 235.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.45 234.98 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 125.50 221.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.50 221.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 454.50 221.98 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 208.32 Td (Loss on write off of assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.50 208.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.80 208.48 Td (\(14) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.15 208.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.50 208.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.80 208.37 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 208.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 194.32 Td (Amortization of intangible assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.80 194.48 Td (\(11) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.15 194.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.80 194.37 Td (\(8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 194.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 180.32 Td (Royalty expense) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.80 180.48 Td (\(4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.15 180.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.80 180.37 Td (\(3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 180.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 166.32 Td (Legal matters) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.80 166.48 Td (\(2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.15 166.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.80 166.37 Td (\(20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 166.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 152.32 Td (Royalty income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.15 152.43 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.15 152.32 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 138.32 Td (Gain on sale of business) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.15 138.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 138.32 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 124.32 Td (Other, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.15 124.43 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 124.32 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.50 110.32 Td (Total other operating income \(expense\), net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.50 110.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.80 110.48 Td (\(10) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.15 110.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.50 110.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.80 110.37 Td (\(10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 110.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 86.25 Td (Interest Income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 66.25 Td (Interest income was relatively flat compared to 2012. ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 79 0 obj <>] /Rotate 0 /Contents 80 0 R>> endobj 80 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (39) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Interest Expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (Interest expense increased primarily due to the $1 billion debt issuance in September 2013.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 702.25 Td (Other Income \(Expense\), Net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (Other income \(expense\), net was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 109.50 644.75 284.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 644.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 644.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 644.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 644.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 109.50 616.75 284.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 616.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 616.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 616.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 616.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 109.50 588.75 284.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 588.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 588.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 588.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 588.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 109.50 560.75 284.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 560.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 560.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 560.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 560.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 109.50 532.75 284.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 532.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 532.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 532.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 532.75 50.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 657.75 m 447.5 657.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 657.75 m 451.5 657.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 657.75 m 501.5 657.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 644.75 m 447.5 644.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 644.75 m 501.5 644.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 532.75 m 447.5 532.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 519.75 m 447.5 519.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 517.75 m 447.5 517.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 532.75 m 501.5 532.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 519.75 m 501.5 519.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 517.75 m 501.5 517.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 112.00 662.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.95 661.98 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 112.00 648.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.00 648.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.00 648.98 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 635.32 Td (Gain on marketable securities, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.00 635.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.65 635.43 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 635.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 635.32 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 621.32 Td (Gain on fair value adjustment for consolidated investee ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 335.82 625.85 Td (\(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.65 621.43 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 621.32 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 607.32 Td (Change in cash surrender value of corporate owned life insurance) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.65 607.43 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 607.32 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 593.32 Td (Dividend income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.65 593.43 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 593.32 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 579.32 Td (Gain on sale of equity investment) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.65 579.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 579.32 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 565.32 Td (Bank charges) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.30 565.48 Td (\(10) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.65 565.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 565.37 Td (\(15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 565.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 551.32 Td (Foreign currency loss, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.30 551.48 Td (\(27) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.65 551.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 551.37 Td (\(14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 551.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 537.32 Td (Other, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.65 537.43 Td (27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 537.32 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.00 523.32 Td (Total other income \(expense\), net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.00 523.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.65 523.43 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 523.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 523.32 Td (24) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 95.00 512.05 Td ( ____________________________________________________________) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 104.00 501.58 Td ( ) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 108.88 500.68 Td (\(1\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 114.94 497.05 Td ( See Note 2, ACQUISITIONS," to the ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 244.85 497.05 Td (Consolidated Financial Statements) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 357.29 497.05 Td ( for more details.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 477.05 Td (Income T) Tj ET Q q 0 0 0 rg BT 88.80 477.05 Td (ax Expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 457.05 Td (Our income tax rates are generally less than the 35percent U.S. statutory income tax rate primarily because of lower taxes on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 445.05 Td (foreign earnings and research tax credits. Our ef) Tj ET Q q 0 0 0 rg BT 242.51 445.05 Td (fective tax rate for 2013 was 25.1 percent compared to 23.5 percent for 2012. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 433.05 Td (As a result of a restructuring of our foreign operations in 2013, our 2013 ef) Tj ET Q q 0 0 0 rg BT 350.02 433.05 Td (fective tax rate was approximately 1 percent less ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 421.05 Td (than it would have been without restructuring. On January2, 2013, the ) Tj ET Q q 0 0 0 rg BT 334.66 421.05 Td (American ) Tj ET Q q 0 0 0 rg BT 376.41 421.05 Td (T) Tj ET Q q 0 0 0 rg BT 381.82 421.05 Td (axpayer Relief ) Tj ET Q q 0 0 0 rg BT 442.34 421.05 Td (Act of 2012 was signed into ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 409.05 Td (law and reinstated the research tax credit back to 2012. ) Tj ET Q q 0 0 0 rg BT 271.86 409.05 Td (As tax law changes are accounted for in the period of enactment, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 397.05 Td (recognized a $28 million discrete tax benefit in the first quarter of 2013. ) Tj ET Q q 0 0 0 rg BT 340.83 397.05 Td (W) Tj ET Q q 0 0 0 rg BT 349.47 397.05 Td (e also recognized a discrete tax expense of $17 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 385.05 Td (million in the first quarter which primarily related to the write-of) Tj ET Q q 0 0 0 rg BT 309.18 385.05 Td (f of a deferred tax asset deemed unrecoverable. ) Tj ET Q q 0 0 0 rg BT 499.92 385.05 Td (Also included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 373.05 Td (in 2013 was a third quarter discrete net tax expense of $7 million primarily related to U.S. federal tax return true-up ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 361.05 Td (adjustments and the third quarter enactment of U.K tax law changes. ) Tj ET Q q 0 0 0 rg BT 326.30 361.05 Td (Additionally) Tj ET Q q 0 0 0 rg BT 376.21 361.05 Td (, our ef) Tj ET Q q 0 0 0 rg BT 404.62 361.05 Td (fective tax rate for 2013 also included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 349.05 Td (a fourth quarter discrete net tax benefit of $21 million primarily due to the release of U.S. deferred tax liabilities related to prior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 337.05 Td (years unremitted income of certain Indian and Mexican subsidiaries now considered to be permanently reinvested, as well as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 325.05 Td (adjustments to our income tax accounts principally based on our 2012 state tax return filings. Our 2012 income tax provision ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 313.05 Td (included a one-time $134 million tax benefit which resulted from tax planning strategies and tax return elections made with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 301.05 Td (respect to our U.K. operations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 277.05 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 277.05 Td (e evaluate the recoverability of our deferred tax assets each quarter by assessing the likelihood of future profitability and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 265.05 Td (available tax planning strategies that could be implemented to realize our net deferred tax assets. ) Tj ET Q q 0 0 0 rg BT 438.19 265.05 Td (At December31, 2013, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 253.05 Td (recorded net deferred tax assets of $177 million. ) Tj ET Q q 0 0 0 rg BT 245.59 253.05 Td (These assets included $187 million for the value of tax loss and credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 241.05 Td (carryforwards. ) Tj ET Q q 0 0 0 rg BT 110.53 241.05 Td (A) Tj ET Q q 0 0 0 rg BT 117.20 241.05 Td ( valuation allowance of $101 million was recorded to reduce the tax assets to the net value management ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 229.05 Td (believed was more likely than not to be realized. In the event our operating performance deteriorates, future assessments could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 217.05 Td (conclude that a lar) Tj ET Q q 0 0 0 rg BT 123.39 217.05 Td (ger valuation allowance will be needed to further reduce the deferred tax assets.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 197.05 Td (Noncontrolling Interests) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 177.05 Td (Noncontrolling interests in income of consolidated subsidiaries increased reflecting our minority's share of higher profits of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 165.05 Td ($7million at Cummins ) Tj ET Q q 0 0 0 rg BT 144.82 165.05 Td (W) Tj ET Q q 0 0 0 rg BT 153.46 165.05 Td (estern Canada LP) Tj ET Q q 0 0 0 rg BT 222.89 165.05 Td (, $6 million at ) Tj ET Q q 0 0 0 rg BT 281.31 165.05 Td (W) Tj ET Q q 0 0 0 rg BT 290.35 165.05 Td (uxi Cummins ) Tj ET Q q 0 0 0 rg BT 346.85 165.05 Td (T) Tj ET Q q 0 0 0 rg BT 352.60 165.05 Td (urbo ) Tj ET Q q 0 0 0 rg BT 373.25 165.05 Td (T) Tj ET Q q 0 0 0 rg BT 378.66 165.05 Td (echnologiesCo.Ltd. and $4million due to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 153.05 Td (the acquisition of a majority interest in Cummins Central Power LLC \(Central Power\) in the third quarter of 2012. ) Tj ET Q q 0 0 0 rg BT 509.72 153.05 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 141.05 Td (increases were partially of) Tj ET Q q 0 0 0 rg BT 155.04 141.05 Td (fset by a total decrease of $8million at Cummins IndiaLtd.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 81 0 obj <>] /Rotate 0 /Contents 82 0 R>> endobj 82 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (40) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Net Income ) Tj ET Q q 0 0 0 rg BT 100.18 742.25 Td (Attributable to CumminsInc. and Diluted Earnings Per Share ) Tj ET Q q 0 0 0 rg BT 359.31 742.25 Td (Attributable to CumminsInc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (Net income and diluted earnings per share attributable to CumminsInc. decreased primarily due to lower gross mar) Tj ET Q q 0 0 0 rg BT 511.90 722.25 Td (gin as a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (percentage of sales, mainly driven by unfavorable product mix and lower volumes, particularly in the Engine segment and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (Power Generation segment, a higher ef) Tj ET Q q 0 0 0 rg BT 205.87 698.25 Td (fective tax rate of 25.1 percent versus 23.5 percent in 2012, lower equity) Tj ET Q q 0 0 0 rg BT 495.40 698.25 Td (, royalty and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 686.25 Td (interest income from investees, mainly due to the acquisition of the North ) Tj ET Q q 0 0 0 rg BT 346.88 686.25 Td (American distributors, and higher selling, general ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 674.25 Td (and administrative expenses. ) Tj ET Q q 0 0 0 rg BT 167.56 674.25 Td (These decreases were partially of) Tj ET Q q 0 0 0 rg BT 300.64 674.25 Td (fset by lower research, development and engineering expenses. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 662.25 Td (Diluted earnings per share for 2013 benefited $0.06 from lower shares outstanding, primarily due to purchases under the stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 650.25 Td (repurchase program.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (OPERA) Tj ET Q q 0 0 0 rg BT 84.26 622.25 Td (TING SEGMENT) Tj ET Q q 0 0 0 rg BT 162.15 622.25 Td ( RESUL) Tj ET Q q 0 0 0 rg BT 197.08 622.25 Td (TS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 602.25 Td (Our reportable operating segments, which consist of the Engine, Distribution, Components and Power Generation segments, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 590.25 Td (use segment EBIT) Tj ET Q q 0 0 0 rg BT 123.69 590.25 Td ( \(defined as earnings before interest expense, taxes and noncontrolling interests\) as a primary basis for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 578.25 Td (chief operating decision-maker to evaluate the performance of each of our operating segments. Segment amounts exclude ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.25 Td (certain expenses not specifically identifiable to segments.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 546.25 Td (The accounting policies of our operating segments are the same as those applied in our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 399.61 546.25 Td (Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.16 546.25 Td (. ) Tj ET Q q 0 0 0 rg BT 544.98 546.25 Td (W) Tj ET Q q 0 0 0 rg BT 553.61 546.25 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 534.25 Td (prepared the financial results of our operating segments on a basis that is consistent with the manner in which we internally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 522.25 Td (disaggregate financial information to assist in making internal operating decisions. ) Tj ET Q q 0 0 0 rg BT 382.79 522.25 Td (W) Tj ET Q q 0 0 0 rg BT 391.43 522.25 Td (e have allocated certain common costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 510.25 Td (and expenses, primarily corporate functions, among segments dif) Tj ET Q q 0 0 0 rg BT 310.58 510.25 Td (ferently than we would for stand-alone financial information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 498.25 Td (prepared in accordance with accounting principles generally accepted in the United States of ) Tj ET Q q 0 0 0 rg BT 422.35 498.25 Td (America \(GAAP\). ) Tj ET Q q 0 0 0 rg BT 497.98 498.25 Td (These include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 486.25 Td (certain costs and expenses of shared services, such as information technology) Tj ET Q q 0 0 0 rg BT 359.53 486.25 Td (, human resources, legal and finance. ) Tj ET Q q 0 0 0 rg BT 510.12 486.25 Td (W) Tj ET Q q 0 0 0 rg BT 518.76 486.25 Td (e also do ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 474.25 Td (not allocate debt-related items, actuarial gains or losses, prior service costs or credits, changes in cash surrender value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 462.25 Td (corporate owned life insurance or income taxes to individual segments. Segment EBIT) Tj ET Q q 0 0 0 rg BT 396.94 462.25 Td ( may not be consistent with measures ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 450.25 Td (used by other companies.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (Following is a discussion of operating results for each of our business segments.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 410.25 Td (Engine Segment Results) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 390.25 Td (Financial data for the Engine segment was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 338.75 188.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 238.50 338.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 338.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 338.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 338.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 338.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 338.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 338.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 338.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 338.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 338.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 338.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 338.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 338.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 524.50 338.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 308.75 188.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 238.50 308.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 308.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 308.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 308.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 308.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 308.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 308.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 308.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 308.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 308.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 308.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 308.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 308.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 524.50 308.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 278.75 188.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 238.50 278.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 278.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 278.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 278.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 278.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 278.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 278.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 278.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 278.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 278.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 278.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 278.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 278.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 524.50 278.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 248.75 188.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 238.50 248.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 248.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 248.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 248.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 248.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 248.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 248.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 248.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 248.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 248.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 248.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 248.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 248.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 524.50 248.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 218.75 188.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 238.50 218.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 218.75 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 218.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 218.75 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 218.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 218.75 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 218.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 218.75 38.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 218.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 218.75 38.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 218.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 218.75 38.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 218.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 524.50 218.75 38.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 192.75 188.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 238.50 192.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 192.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 192.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 192.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 192.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 192.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 192.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 192.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 192.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 192.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 192.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.50 192.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 192.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 524.50 192.75 38.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 365.75 m 436.5 365.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 365.75 m 440.5 365.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 365.75 m 478.5 365.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 365.75 m 482.5 365.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 365.75 m 520.5 365.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 365.75 m 524.5 365.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 524.5 365.75 m 562.5 365.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 351.75 m 290.5 351.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 351.75 m 294.5 351.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 351.75 m 342.5 351.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 351.75 m 346.5 351.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 351.75 m 394.5 351.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 351.75 m 436.5 351.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 351.75 m 440.5 351.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 351.75 m 478.5 351.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 351.75 m 520.5 351.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 351.75 m 524.5 351.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 524.5 351.75 m 562.5 351.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 338.75 m 290.5 338.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 338.75 m 342.5 338.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 351.75 m 394.5 351.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 338.75 m 394.5 338.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 338.75 m 436.5 338.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 338.75 m 478.5 338.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 338.75 m 520.5 338.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 524.5 338.75 m 562.5 338.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 338.75 m 394.5 338.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 338.75 m 436.5 338.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 338.75 m 478.5 338.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 338.75 m 520.5 338.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 524.5 338.75 m 562.5 338.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 308.75 m 290.5 308.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 308.75 m 342.5 308.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 308.75 m 394.5 308.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 308.75 m 436.5 308.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 308.75 m 478.5 308.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 308.75 m 520.5 308.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 205.75 m 436.5 205.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 205.75 m 440.5 205.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 205.75 m 478.5 205.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 205.75 m 520.5 205.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 205.75 m 524.5 205.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 524.5 205.75 m 562.5 205.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 192.75 m 436.5 192.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 192.75 m 440.5 192.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 192.75 m 478.5 192.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482.5 192.75 m 520.5 192.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.5 192.75 m 524.5 192.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 524.5 192.75 m 562.5 192.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 192.75 m 478.5 192.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 524.5 192.75 m 562.5 192.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 370.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 245.00 370.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 297.00 370.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 349.00 370.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.55 369.98 Td (Favorable/\(Unfavorable\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 356.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 272.95 355.98 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.40 355.98 Td (2014 vs. 2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 499.40 355.98 Td (2013 vs. 2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 342.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 258.00 342.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 310.00 342.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.00 342.98 Td (2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.95 342.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.95 342.98 Td (Percent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 486.95 342.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.95 342.98 Td (Percent) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 328.21 Td (External sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 245.00 328.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.50 328.43 Td (8,437) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.00 328.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.10 328.42 Td (8,270) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.00 328.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.10 328.42 Td (9,101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 328.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 328.42 Td (167) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.30 328.42 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 328.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.00 328.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.30 328.47 Td (\(831) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.65 328.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.95 328.42 Td (\(9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 328.42 Td (\)%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 313.21 Td (Intersegment sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.50 313.43 Td (2,525) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.10 313.42 Td (1,743) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.10 313.42 Td (1,632) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 313.42 Td (782) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 313.42 Td (45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 313.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.65 313.42 Td (111) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 313.42 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 313.42 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.00 298.21 Td (Total sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 252.50 298.43 Td (10,962) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.10 298.42 Td (10,013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.10 298.42 Td (10,733) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 298.42 Td (949) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.30 298.42 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 298.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.30 298.47 Td (\(720) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.65 298.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.95 298.42 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 298.42 Td (\)%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 283.21 Td (Depreciation and amortization) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.00 283.43 Td (207) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 283.42 Td (205) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.65 283.42 Td (192) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.30 283.47 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.65 283.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.95 283.42 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.30 283.42 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.30 283.47 Td (\(13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.65 283.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.95 283.42 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 283.42 Td (\)%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 268.21 Td (Research, development and engineering expenses) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.00 268.43 Td (438) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 268.42 Td (416) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.65 268.42 Td (433) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.30 268.47 Td (\(22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.65 268.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.95 268.42 Td (\(5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.30 268.42 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.65 268.42 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 268.42 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 268.42 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 253.21 Td (Equity, royalty and interest income from investees) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.00 253.43 Td (147) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 253.42 Td (136) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.65 253.42 Td (127) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 253.42 Td (11) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.30 253.42 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 253.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.65 253.42 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 253.42 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 253.42 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 238.21 Td (Interest income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 270.00 238.43 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.65 238.42 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.65 238.42 Td (11) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.30 238.47 Td (\(4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.65 238.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.95 238.42 Td (\(25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.30 238.42 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.65 238.42 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 238.42 Td (45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 238.42 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 223.21 Td (Segment EBIT) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.50 223.43 Td (1,225) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.10 223.42 Td (1,041) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.10 223.42 Td (1,248) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 223.42 Td (184) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 223.42 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 223.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.30 223.47 Td (\(207) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.65 223.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.95 223.42 Td (\(17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 223.42 Td (\)%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.50 196.98 Td (Percentage Points) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 491.50 196.98 Td (Percentage Points) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 182.21 Td (Segment EBIT as a percentage of total sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.50 182.43 Td (11.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 280.00 182.43 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.15 182.42 Td (10.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.65 182.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 182.42 Td (11.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.65 182.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.80 182.42 Td (0.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.45 182.42 Td (\(1.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 182.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 83 0 obj <>] /Rotate 0 /Contents 84 0 R>> endobj 84 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Engine segment sales by market were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 59.00 690.60 140.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.00 690.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 203.00 690.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.00 690.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 256.00 690.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.00 690.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 690.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 690.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.00 690.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.00 690.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 690.60 42.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 455.00 690.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.00 690.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.00 690.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.00 690.60 42.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 59.00 660.60 140.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.00 660.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 203.00 660.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.00 660.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 256.00 660.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.00 660.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 660.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 660.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.00 660.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.00 660.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 660.60 42.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 455.00 660.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.00 660.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.00 660.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.00 660.60 42.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 59.00 630.60 140.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.00 630.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 203.00 630.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.00 630.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 256.00 630.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.00 630.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 630.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 630.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.00 630.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.00 630.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 630.60 42.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 455.00 630.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.00 630.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.00 630.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.00 630.60 42.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 59.00 600.60 140.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.00 600.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 203.00 600.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.00 600.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 256.00 600.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.00 600.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 600.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 600.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.00 600.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.00 600.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 600.60 42.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 455.00 600.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.00 600.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.00 600.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.00 600.60 42.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362 717.6 m 409 717.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409 717.6 m 413 717.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 717.6 m 455 717.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 455 717.6 m 459 717.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 717.6 m 506 717.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 717.6 m 510 717.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510 717.6 m 552 717.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 203 703.6 m 252 703.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252 703.6 m 256 703.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256 703.6 m 305 703.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305 703.6 m 309 703.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309 703.6 m 358 703.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362 703.6 m 409 703.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409 703.6 m 413 703.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 703.6 m 455 703.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 703.6 m 506 703.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 703.6 m 510 703.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510 703.6 m 552 703.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 203 690.6 m 252 690.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256 690.6 m 305 690.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309 690.6 m 358 690.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362 690.6 m 409 690.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 690.6 m 455 690.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 690.6 m 506 690.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510 690.6 m 552 690.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362 690.6 m 409 690.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 690.6 m 455 690.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 203 645.6 m 252 645.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256 645.6 m 305 645.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309 645.6 m 358 645.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362 645.6 m 409 645.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 645.6 m 506 645.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 203 600.6 m 252 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 203 586.6 m 252 586.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 203 584.6 m 252 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256 600.6 m 305 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256 586.6 m 305 586.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256 584.6 m 305 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309 600.6 m 358 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309 586.6 m 358 586.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309 584.6 m 358 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362 600.6 m 409 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362 586.6 m 409 586.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362 584.6 m 409 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 600.6 m 506 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 586.6 m 506 586.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 584.6 m 506 584.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 61.50 722.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.50 722.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 258.50 722.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.50 722.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.05 721.83 Td (Favorable/\(Unfavorable\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 61.50 708.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 234.95 707.83 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 385.40 707.83 Td (2014 vs. 2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 482.40 707.83 Td (2013 vs. 2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 61.50 694.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 219.00 694.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 272.00 694.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 325.00 694.83 Td (2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.95 694.83 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 420.45 694.83 Td (Percent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.95 694.83 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.45 694.83 Td (Percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 680.27 Td (Heavy-duty truck) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.50 680.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 225.65 680.28 Td (3,139) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.50 680.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.65 680.27 Td (2,705) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.50 680.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.65 680.27 Td (2,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.50 680.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 680.27 Td (434) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.80 680.27 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.15 680.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 680.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.80 680.32 Td (\(259) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 680.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.45 680.27 Td (\(9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 680.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 665.27 Td (Medium-duty truck and bus) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 225.65 665.28 Td (2,530) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.65 665.27 Td (2,185) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.65 665.27 Td (2,091) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 665.27 Td (345) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.80 665.27 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.15 665.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 665.27 Td (94) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.80 665.27 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 665.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 650.27 Td (Light-duty automotive and RV) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 225.65 650.28 Td (1,436) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.65 650.27 Td (1,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.65 650.27 Td (1,279) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 650.27 Td (136) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.80 650.27 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.15 650.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 650.27 Td (21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.80 650.27 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 650.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 635.27 Td (Total on-highway) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 225.65 635.28 Td (7,105) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.65 635.27 Td (6,190) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.65 635.27 Td (6,334) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 635.27 Td (915) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.80 635.27 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.15 635.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.80 635.32 Td (\(144) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 635.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.45 635.27 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 635.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 620.27 Td (Industrial) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 225.65 620.28 Td (3,040) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.65 620.27 Td (2,996) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.65 620.27 Td (3,233) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.15 620.27 Td (44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.80 620.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.15 620.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.80 620.32 Td (\(237) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 620.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.45 620.27 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 620.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 605.27 Td (Stationary power) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 233.15 605.28 Td (817) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.15 605.27 Td (827) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.65 605.27 Td (1,166) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.80 605.32 Td (\(10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.15 605.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.45 605.27 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.80 605.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.80 605.32 Td (\(339) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 605.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.45 605.27 Td (\(29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 605.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.50 590.27 Td (Total sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.50 590.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 220.65 590.28 Td (10,962) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.50 590.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.65 590.27 Td (10,013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.50 590.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.65 590.27 Td (10,733) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.50 590.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 590.27 Td (949) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.80 590.27 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.15 590.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.50 590.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.80 590.32 Td (\(720) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 590.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.45 590.27 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 590.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.10 Td (Unit shipments by engine classification \(including unit shipments to Power Generation\) were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 63.50 513.60 116.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 179.50 513.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 183.50 513.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 235.50 513.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 513.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 513.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 295.50 513.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 513.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 513.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 513.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 513.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 513.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 513.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 513.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 513.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 63.50 483.60 116.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 179.50 483.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 183.50 483.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 235.50 483.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 483.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 483.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 295.50 483.60 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 483.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 483.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 483.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 483.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 483.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 483.60 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 483.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 483.60 46.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 541.6 m 397.5 541.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 541.6 m 401.5 541.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 541.6 m 447.5 541.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 541.6 m 451.5 541.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 541.6 m 497.5 541.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 541.6 m 501.5 541.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 541.6 m 547.5 541.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 183.5 527.6 m 235.5 527.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 235.5 527.6 m 239.5 527.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 527.6 m 291.5 527.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 527.6 m 295.5 527.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295.5 527.6 m 347.5 527.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 527.6 m 397.5 527.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 527.6 m 401.5 527.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 527.6 m 447.5 527.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 527.6 m 497.5 527.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 527.6 m 501.5 527.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 527.6 m 547.5 527.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 183.5 513.6 m 235.5 513.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 513.6 m 291.5 513.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295.5 513.6 m 347.5 513.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 513.6 m 397.5 513.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 513.6 m 447.5 513.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 513.6 m 497.5 513.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 513.6 m 547.5 513.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 513.6 m 447.5 513.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 513.6 m 547.5 513.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 183.5 468.6 m 235.5 468.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 183.5 454.6 m 235.5 454.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 183.5 452.6 m 235.5 452.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 468.6 m 291.5 468.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 454.6 m 291.5 454.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 452.6 m 291.5 452.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 468.6 m 295.5 468.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295.5 468.6 m 347.5 468.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295.5 454.6 m 347.5 454.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295.5 452.6 m 347.5 452.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 468.6 m 397.5 468.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 454.6 m 397.5 454.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 452.6 m 397.5 452.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 468.6 m 497.5 468.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 454.6 m 497.5 454.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 452.6 m 497.5 452.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 66.00 546.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 186.00 546.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 242.00 546.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 298.00 546.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 406.55 545.83 Td (Favorable/\(Unfavorable\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 66.00 532.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 219.95 531.83 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 376.40 531.83 Td (2014 vs. 2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.40 531.83 Td (2013 vs. 2012) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 66.00 518.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 201.00 517.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 257.00 517.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.00 517.83 Td (2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.95 517.83 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 410.95 517.83 Td (Percent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.95 517.83 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 510.95 517.83 Td (Percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 503.27 Td (Midrange) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 199.10 503.28 Td (471,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.10 503.27 Td (446,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.10 503.27 Td (440,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.10 503.27 Td (25,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 503.27 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.65 503.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 503.27 Td (5,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.30 503.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.65 503.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 488.27 Td (Heavy-duty) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 199.10 488.28 Td (122,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.10 488.27 Td (105,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.10 488.27 Td (119,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.10 488.27 Td (16,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 488.27 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.65 488.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.80 488.32 Td (\(13,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 488.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.95 488.27 Td (\(12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.30 488.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.00 473.27 Td (High-horsepower) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 204.15 473.28 Td (14,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.15 473.27 Td (14,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.15 473.27 Td (19,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.65 473.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 473.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.65 473.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.80 473.32 Td (\(5,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 473.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.95 473.27 Td (\(25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.30 473.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 458.27 Td (Total unit shipments) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 199.10 458.28 Td (608,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.10 458.27 Td (566,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.10 458.27 Td (579,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.10 458.27 Td (41,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 458.27 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.65 458.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.80 458.32 Td (\(13,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 458.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.95 458.27 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.30 458.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 50 432.53505859375 m 105.830078125 432.53505859375 l s q 0 0 0 rg BT 50.00 434.10 Td (2014 vs. 2013) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 105.83 434.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 414.10 Td (Sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (Engine segment sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.59 394.10 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.34 394.10 Td (d versus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.89 394.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.89 394.10 Td (. ) Tj ET Q q 0 0 0 rg BT 231.71 394.10 Td (The following are the primary drivers by market:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 374.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 374.10 Td (Heavy-duty truck engine sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.85 374.10 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.60 374.10 Td (d due to improved demand in the North ) Tj ET Q q 0 0 0 rg BT 402.57 374.10 Td (American heavy-duty truck market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 362.10 Td (with higher engine shipments of 29 percent.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 341.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 341.10 Td (Medium-duty truck and bus sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.81 341.10 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.56 341.10 Td (d primarily due to market share gains in the North ) Tj ET Q q 0 0 0 rg BT 456.74 341.10 Td (American medium-duty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 329.10 Td (truck and bus markets, partially of) Tj ET Q q 0 0 0 rg BT 223.00 329.10 Td (fset by weaker international demand.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 308.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 308.10 Td (Light-duty automotive and R) Tj ET Q q 0 0 0 rg BT 201.57 308.10 Td (V) Tj ET Q q 0 0 0 rg BT 208.61 308.10 Td ( sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.05 308.10 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.80 308.10 Td (d primarily due to a 9 percent increase in units shipped to Chrysler) Tj ET Q q 0 0 0 rg BT 531.85 308.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 287.10 Td (The increases above were partially of) Tj ET Q q 0 0 0 rg BT 199.47 287.10 Td (fset by unfavorable foreign currency fluctuations \(primarily in Brazil and India\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 267.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.41 267.10 Td (otal on-highway-related sales for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.80 267.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.80 267.10 Td ( were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.23 267.10 Td (65 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.16 267.10 Td ( of total engine segment sales, compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.38 267.10 Td (62 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.31 267.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.08 267.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.08 267.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 247.10 Td (Segment EBIT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 227.10 Td (Engine segment EBIT) Tj ET Q q 0 0 0 rg BT 138.69 227.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.19 227.10 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.94 227.10 Td (d versus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.49 227.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.49 227.10 Td (, primarily due to higher gross mar) Tj ET Q q 0 0 0 rg BT 368.45 227.10 Td (gin and higher equity) Tj ET Q q 0 0 0 rg BT 453.06 227.10 Td (, royalty and interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 215.10 Td (income from investees, partially of) Tj ET Q q 0 0 0 rg BT 189.50 215.10 Td (fset by higher selling, general and administrative expenses and higher research, development ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 203.10 Td (and engineering expenses. Major components of EBIT) Tj ET Q q 0 0 0 rg BT 268.37 203.10 Td ( and related changes to segment EBIT) Tj ET Q q 0 0 0 rg BT 420.36 203.10 Td ( and EBIT) Tj ET Q q 0 0 0 rg BT 461.83 203.10 Td ( as a percentage of sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 191.10 Td (were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 84.50 132.60 241.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 132.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 132.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 132.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 132.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 132.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 132.60 93.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 84.50 102.60 241.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 102.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 102.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 102.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 102.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 102.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 102.60 93.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 153.60000000000002 m 378.5 153.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 153.60000000000002 m 382.5 153.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 153.60000000000002 m 429.5 153.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429.5 153.60000000000002 m 433.5 153.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 153.60000000000002 m 526.5 153.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 132.60000000000002 m 378.5 132.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 132.60000000000002 m 429.5 132.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 132.60000000000002 m 526.5 132.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 360.50 171.83 Td (Year ended December 31, 2014 vs. 2013) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 87.00 158.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.90 157.83 Td (Favorable/\(Unfavorable\) Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 87.00 136.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.45 136.83 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 392.45 136.83 Td (Percent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.80 144.83 Td (Per) Tj ET Q q 0 0 0 rg BT 449.64 144.83 Td (centage point change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.80 136.83 Td (as a per) Tj ET Q q 0 0 0 rg BT 472.32 136.83 Td (cent of sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 122.27 Td (Gross margin) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 122.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.65 122.27 Td (274) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.30 122.27 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 122.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.15 122.27 Td (0.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 107.27 Td (Selling, general and administrative expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.30 107.32 Td (\(67) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.65 107.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.95 107.27 Td (\(8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.30 107.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.15 107.27 Td (0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 92.27 Td (Research, development and engineering expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.30 92.32 Td (\(22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.65 92.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.95 92.27 Td (\(5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.30 92.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.15 92.27 Td (0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 77.27 Td (Equity, royalty and interest income from investees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.65 77.27 Td (11) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.30 77.27 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 77.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.80 77.32 Td (\(0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.65 77.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 85 0 obj <>] /Rotate 0 /Contents 86 0 R>> endobj 86 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (42) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.05 742.10 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.80 742.10 Td ( in gross mar) Tj ET Q q 0 0 0 rg BT 152.56 742.10 Td (gin versus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.89 742.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.89 742.10 Td ( was primarily due to higher volumes, favorable mix, decreased material and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (commodity costs and improved pricing. ) Tj ET Q q 0 0 0 rg BT 211.46 730.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.51 730.10 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.26 730.10 Td ( in selling, general and administrative expenses was primarily due to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (increased headcount and higher variable compensation expense. ) Tj ET Q q 0 0 0 rg BT 308.60 718.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.65 718.10 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.40 718.10 Td ( in research, development and engineering ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (expenses was primarily due to lower expense recovery) Tj ET Q q 0 0 0 rg BT 267.88 706.10 Td (, increased consulting, increased variable compensation and increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (investment to support new product initiatives. ) Tj ET Q q 0 0 0 rg BT 235.63 694.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.67 694.10 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.43 694.10 Td ( in equity) Tj ET Q q 0 0 0 rg BT 323.55 694.10 Td (, royalty and interest income from investees was primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (due to higher earnings at Beijing Foton Cummins Engine Co., Ltd. \(Light-duty\). ) Tj ET Q BT /F4 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 50 660.53505859375 m 105.830078125 660.53505859375 l s q 0 0 0 rg BT 50.00 662.10 Td (2013 vs. 2012) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 105.83 662.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 642.10 Td (Sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (Engine segment sales decreased versus 2012 due to lower demand in stationary power) Tj ET Q q 0 0 0 rg BT 394.50 622.10 Td (, heavy-duty truck and industrial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (businesses, partially of) Tj ET Q q 0 0 0 rg BT 141.19 610.10 Td (fset by the medium-duty truck business. ) Tj ET Q q 0 0 0 rg BT 303.49 610.10 Td (The following are the primary drivers by market:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 590.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 590.10 Td (Stationary power engine sales decreased due to lower demand in power generation markets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 569.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 569.10 Td (Heavy-duty truck engine sales decreased due to weaker demand in North ) Tj ET Q q 0 0 0 rg BT 380.06 569.10 Td (American on-highway markets during the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 557.10 Td (first half of the year compared to the recovery experienced in the first half of 2012 as trucking companies replaced ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 545.10 Td (aging fleets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 524.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 524.10 Td (Industrial market sales decreased primarily due to a 36 percent reduction in global mining shipments as a result of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 512.10 Td (lower commodity prices and a 37 percent decline in engine shipments to North ) Tj ET Q q 0 0 0 rg BT 403.42 512.10 Td (American oil and gas markets, partially ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 500.10 Td (of) Tj ET Q q 0 0 0 rg BT 94.15 500.10 Td (fset by increased shipments to the ) Tj ET Q q 0 0 0 rg BT 231.71 500.10 Td (W) Tj ET Q q 0 0 0 rg BT 240.35 500.10 Td (estern European construction markets as a result of the pre-buy activity in 2013 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 488.10 Td (ahead of the ) Tj ET Q q 0 0 0 rg BT 137.18 488.10 Td (T) Tj ET Q q 0 0 0 rg BT 142.94 488.10 Td (ier IV) Tj ET Q q 0 0 0 rg BT 166.36 488.10 Td ( emission regulations beginning in the first quarter of 2014.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 467.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 467.10 Td (Foreign currency fluctuations unfavorably impacted sales.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 446.10 Td (The decreases above were partially of) Tj ET Q q 0 0 0 rg BT 201.13 446.10 Td (fset by the following:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 425.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 425.10 Td (Medium-duty truck engine sales increased due to market share gains in the North ) Tj ET Q q 0 0 0 rg BT 412.85 425.10 Td (American medium-duty truck market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 413.10 Td (and improved demand in the Brazilian and European truck markets. ) Tj ET Q q 0 0 0 rg BT 359.34 413.10 Td (The improved sales in Brazil were primarily due ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 401.10 Td (to lower sales in the first half of 2012 as the result of the implementation of the Euro ) Tj ET Q q 0 0 0 rg BT 426.84 401.10 Td (V) Tj ET Q q 0 0 0 rg BT 433.89 401.10 Td ( emission regulations beginning ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 389.10 Td (in the first quarter of 2012. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 368.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.41 368.10 Td (otal on-highway-related sales for 2013 were 62 percent of total engine segment sales, compared to 59 percent in 2012.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 348.10 Td (Segment EBIT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 328.10 Td (Engine segment EBIT) Tj ET Q q 0 0 0 rg BT 138.69 328.10 Td ( decreased versus 2012, primarily due to lower gross mar) Tj ET Q q 0 0 0 rg BT 367.33 328.10 Td (gin, partially of) Tj ET Q q 0 0 0 rg BT 429.08 328.10 Td (fset by lower research, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 316.10 Td (development and engineering expenses and higher equity) Tj ET Q q 0 0 0 rg BT 278.72 316.10 Td (, royalty and interest income from investees. Engine segment EBIT) Tj ET Q q 0 0 0 rg BT 547.63 316.10 Td ( for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 304.10 Td (2012 included restructuring and other char) Tj ET Q q 0 0 0 rg BT 220.04 304.10 Td (ges of $20million in the fourth quarter of 2012. Major components of EBIT) Tj ET Q q 0 0 0 rg BT 524.80 304.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 292.10 Td (related changes to segment EBIT) Tj ET Q q 0 0 0 rg BT 182.55 292.10 Td ( and EBIT) Tj ET Q q 0 0 0 rg BT 224.02 292.10 Td ( as a percentage of sales were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 84.50 233.60 241.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 233.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 233.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 233.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 233.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 233.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 233.60 93.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 84.50 203.60 241.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 203.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 203.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.50 203.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 203.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 203.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 203.60 93.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 254.60000000000002 m 378.5 254.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 378.5 254.60000000000002 m 382.5 254.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 254.60000000000002 m 429.5 254.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429.5 254.60000000000002 m 433.5 254.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 254.60000000000002 m 526.5 254.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 233.60000000000002 m 378.5 233.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 233.60000000000002 m 429.5 233.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 233.60000000000002 m 526.5 233.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 360.50 272.83 Td (Year ended December 31, 2013 vs. 2012) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 87.00 259.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.90 258.83 Td (Favorable/\(Unfavorable\) Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 87.00 237.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.45 237.83 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 392.45 237.83 Td (Percent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.80 245.83 Td (Per) Tj ET Q q 0 0 0 rg BT 449.64 245.83 Td (centage point change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.80 237.83 Td (as a per) Tj ET Q q 0 0 0 rg BT 472.32 237.83 Td (cent of sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 223.27 Td (Gross margin) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 223.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.30 223.32 Td (\(237) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.65 223.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.95 223.27 Td (\(10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.30 223.27 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.80 223.32 Td (\(0.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.65 223.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 208.27 Td (Selling, general and administrative expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.65 208.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.30 208.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 208.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.80 208.32 Td (\(0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.65 208.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 193.27 Td (Research, development and engineering expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.65 193.27 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.30 193.27 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 193.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.80 193.32 Td (\(0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.65 193.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 178.27 Td (Equity, royalty and interest income from investees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.65 178.27 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.30 178.27 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 178.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.15 178.27 Td (0.2) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.10 Td (The decrease in gross mar) Tj ET Q q 0 0 0 rg BT 154.22 154.10 Td (gin versus 2012 was primarily due to unfavorable product mix and lower high-horsepower volumes, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (partially of) Tj ET Q q 0 0 0 rg BT 93.97 142.10 Td (fset by improved price realization, decreased material and commodity costs and favorable foreign currency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.10 Td (fluctuations. ) Tj ET Q q 0 0 0 rg BT 102.03 130.10 Td (The decrease in selling, general and administrative expenses was primarily due to lower discretionary spending ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (and the absence of restructuring char) Tj ET Q q 0 0 0 rg BT 197.25 118.10 Td (ges incurred in 2012, partially of) Tj ET Q q 0 0 0 rg BT 328.14 118.10 Td (fset by increased headcount. ) Tj ET Q q 0 0 0 rg BT 443.75 118.10 Td (The decrease in research, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (development and engineering expenses was primarily due to lower discretionary spending in 2013, partially of) Tj ET Q q 0 0 0 rg BT 492.20 106.10 Td (fset by increases ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td (in new product development spending and increased headcount to support our strategic growth initiatives. ) Tj ET Q q 0 0 0 rg BT 476.10 94.10 Td (The increase in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.10 Td (equity) Tj ET Q q 0 0 0 rg BT 74.35 82.10 Td (, royalty and interest income from investees was primarily due to higher earnings at Beijing Foton Cummins Engine Co., ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.10 Td (Ltd. within the light-duty business and Dongfeng Cummins Engine Company) Tj ET Q q 0 0 0 rg BT 359.88 70.10 Td (,Ltd., partially of) Tj ET Q q 0 0 0 rg BT 430.24 70.10 Td (fset by lower earnings at Beijing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 58.10 Td (Foton Engine Company) Tj ET Q q 0 0 0 rg BT 144.90 58.10 Td (, Ltd. \(Heavy-duty\) in anticipation of production in the second quarter of 2014. ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 87 0 obj <>] /Rotate 0 /Contents 88 0 R>> endobj 88 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (43) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Distribution Segment Results) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (Financial data for the Distribution segment was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 670.75 195.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 244.50 670.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 670.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.50 670.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.50 670.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 670.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 670.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 670.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 670.75 39.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 670.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 670.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 670.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 670.75 39.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 519.50 670.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 523.50 670.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 640.75 195.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 244.50 640.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 640.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.50 640.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.50 640.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 640.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 640.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 640.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 640.75 39.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 640.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 640.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 640.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 640.75 39.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 519.50 640.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 523.50 640.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 610.75 195.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 244.50 610.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 610.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.50 610.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.50 610.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 610.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 610.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 610.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 610.75 39.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 610.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 610.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 610.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 610.75 39.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 519.50 610.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 523.50 610.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 580.75 195.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 244.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 580.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.50 580.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 580.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 580.75 39.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 580.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 580.75 39.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 519.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 523.50 580.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 550.75 195.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 244.50 550.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 550.75 45.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.50 550.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.50 550.75 45.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 550.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 550.75 45.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 550.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 550.75 39.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 550.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 550.75 38.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 550.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 550.75 39.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 519.50 550.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 523.50 550.75 38.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 524.75 195.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 244.50 524.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 524.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.50 524.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.50 524.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 524.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 524.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 524.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 524.75 39.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 524.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 524.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 524.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 524.75 39.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 519.50 524.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 523.50 524.75 38.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 697.75 m 434.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 697.75 m 438.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 697.75 m 476.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.5 697.75 m 480.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 697.75 m 519.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 519.5 697.75 m 523.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 523.5 697.75 m 561.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 683.75 m 293.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293.5 683.75 m 297.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297.5 683.75 m 342.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 683.75 m 346.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 683.75 m 391.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 683.75 m 434.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 683.75 m 438.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 683.75 m 476.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 683.75 m 519.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 519.5 683.75 m 523.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 523.5 683.75 m 561.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 683.75 m 293.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 670.75 m 293.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293.5 683.75 m 297.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297.5 683.75 m 342.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297.5 670.75 m 342.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 683.75 m 346.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 683.75 m 391.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 670.75 m 391.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 670.75 m 434.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 670.75 m 476.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 670.75 m 519.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 523.5 670.75 m 561.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 670.75 m 391.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 670.75 m 476.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 523.5 670.75 m 561.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 640.75 m 391.5 640.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 640.75 m 434.5 640.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 640.75 m 519.5 640.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 640.75 m 293.5 640.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297.5 640.75 m 342.5 640.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 640.75 m 391.5 640.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395.5 524.75 m 434.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 524.75 m 438.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 524.75 m 476.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 524.75 m 519.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 519.5 524.75 m 523.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 523.5 524.75 m 561.5 524.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 702.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 251.00 702.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.00 702.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 349.00 702.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 435.55 701.98 Td (Favorable/\(Unfavorable\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 688.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.45 687.98 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 412.90 687.98 Td (2014 vs. 2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 497.90 687.98 Td (2013 vs. 2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.00 674.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 262.50 674.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.50 674.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 360.50 674.98 Td (2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.45 674.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.95 674.98 Td (Percent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 485.45 674.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.95 674.98 Td (Percent) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 660.21 Td (External sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 251.00 660.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 260.50 660.43 Td (5,135) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.00 660.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.10 660.42 Td (3,726) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.00 660.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.10 660.42 Td (3,261) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.00 660.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 660.42 Td (1,409) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.30 660.42 Td (38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 660.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.00 660.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.65 660.42 Td (465) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 660.42 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 660.42 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 645.21 Td (Intersegment sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 273.00 645.43 Td (39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.65 645.42 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.65 645.42 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 645.42 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.30 645.42 Td (70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 645.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.65 645.42 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 645.42 Td (44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 645.42 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 64.00 630.21 Td (Total sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 260.50 630.43 Td (5,174) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.10 630.42 Td (3,749) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.10 630.42 Td (3,277) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.10 630.42 Td (1,425) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.30 630.42 Td (38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 630.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.65 630.42 Td (472) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 630.42 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 630.42 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 615.21 Td (Depreciation and amortization) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 273.00 615.43 Td (86) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.65 615.42 Td (54) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.65 615.42 Td (34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.30 615.47 Td (\(32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 615.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.95 615.42 Td (\(59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.30 615.42 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.30 615.47 Td (\(20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.65 615.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.95 615.42 Td (\(59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.30 615.42 Td (\)%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 600.21 Td (Research, development and engineering expenses) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 278.00 600.43 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.65 600.42 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.65 600.42 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.30 600.47 Td (\(3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 600.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.95 600.42 Td (\(50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.30 600.42 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.65 600.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 600.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 600.42 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 585.21 Td (Equity, royalty and interest income from investees) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 268.00 585.43 Td (148) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 585.42 Td (165) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 585.42 Td (188) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.30 585.47 Td (\(17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 585.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.95 585.42 Td (\(10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.30 585.42 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.30 585.47 Td (\(23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.65 585.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.95 585.42 Td (\(12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.30 585.42 Td (\)%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 570.21 Td (Interest income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 278.00 570.43 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.65 570.42 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.65 570.42 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.65 570.42 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.30 570.42 Td (100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 570.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.65 570.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 570.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 570.42 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 555.21 Td (Segment EBIT) Tj ET Q q 0 0 0 rg BT 105.58 555.21 Td ( ) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 107.83 559.29 Td (\(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 268.00 555.43 Td (491) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 555.42 Td (388) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 555.42 Td (369) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 555.42 Td (103) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.30 555.42 Td (27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 555.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.65 555.42 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.30 555.42 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 555.42 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.00 528.98 Td (Percentage Points) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.00 528.98 Td (Percentage Points) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 514.21 Td (Segment EBIT) Tj ET Q q 0 0 0 rg BT 105.58 514.21 Td ( as a percentage of total sales ) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 212.78 518.29 Td (\(2\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 270.50 514.43 Td (9.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 283.00 514.43 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.15 514.42 Td (10.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.65 514.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.15 514.42 Td (11.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.65 514.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.45 514.42 Td (\(0.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.30 514.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.45 514.42 Td (\(1.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.30 514.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 50.00 503.05 Td (_______________________________________________________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 50.00 494.07 Td (\(1\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 490.45 Td (Segment EBIT) Tj ET Q q 0 0 0 rg BT 106.63 490.45 Td ( for 2014 and 2013 included gains of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 226.60 490.45 Td ($73 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 263.71 490.45 Td ( and ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 279.27 490.45 Td ($12 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 316.38 490.45 Td (, respectively) Tj ET Q q 0 0 0 rg BT 358.51 490.45 Td (, resulting from acquisitions of controlling interests in North ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 480.85 Td (American distributors. See Note) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 164.09 480.85 Td (2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 168.09 480.85 Td (, ") Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 175.35 480.85 Td (ACQUISITIONS) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 231.35 480.85 Td (," to the ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 258.61 480.85 Td (Consolidated Financial Statements) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 371.05 480.85 Td ( for further information.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 50.00 471.88 Td (\(2\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 468.25 Td (North ) Tj ET Q q 0 0 0 rg BT 79.22 468.25 Td (American distributor acquisitions will increase Distribution segment EBIT) Tj ET Q q 0 0 0 rg BT 317.47 468.25 Td (, however the acquisitions will be dilutive to EBIT) Tj ET Q q 0 0 0 rg BT 479.29 468.25 Td ( as a percentage of sales.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 448.25 Td (Sales for our Distribution segment by region were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 69.00 398.75 134.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 203.00 398.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.00 398.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 254.00 398.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 258.00 398.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.00 398.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 398.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 398.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 398.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.00 398.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.00 398.75 38.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.00 398.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.00 398.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 398.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 398.75 38.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 69.00 370.75 134.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 203.00 370.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.00 370.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 254.00 370.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 258.00 370.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.00 370.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 370.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 370.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 370.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.00 370.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.00 370.75 38.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.00 370.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.00 370.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 370.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 370.75 38.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 69.00 342.75 134.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 203.00 342.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.00 342.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 254.00 342.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 258.00 342.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.00 342.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 342.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 342.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 342.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.00 342.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.00 342.75 38.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.00 342.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.00 342.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 342.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 342.75 38.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 69.00 314.75 134.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 203.00 314.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.00 314.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 254.00 314.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 258.00 314.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.00 314.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 314.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 314.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 314.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.00 314.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.00 314.75 38.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.00 314.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.00 314.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 314.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 314.75 38.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 424.75 m 407 424.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 424.75 m 411 424.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 424.75 m 449 424.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449 424.75 m 453 424.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453 424.75 m 500 424.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 424.75 m 504 424.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 424.75 m 542 424.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207 411.75 m 254 411.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 254 411.75 m 258 411.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 258 411.75 m 305 411.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305 411.75 m 309 411.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309 411.75 m 356 411.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 411.75 m 407 411.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 411.75 m 411 411.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 411.75 m 449 411.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453 411.75 m 500 411.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 411.75 m 504 411.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 411.75 m 542 411.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207 398.75 m 254 398.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 258 398.75 m 305 398.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309 398.75 m 356 398.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 398.75 m 407 398.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 398.75 m 449 398.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453 398.75 m 500 398.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 398.75 m 542 398.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309 398.75 m 356 398.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 398.75 m 449 398.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453 398.75 m 500 398.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 398.75 m 542 398.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207 300.75 m 254 300.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207 287.75 m 254 287.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207 285.75 m 254 285.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 258 300.75 m 305 300.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 258 287.75 m 305 287.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 258 285.75 m 305 285.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309 300.75 m 356 300.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309 287.75 m 356 287.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309 285.75 m 356 285.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 300.75 m 407 300.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 287.75 m 407 287.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 285.75 m 407 285.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453 300.75 m 500 300.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453 287.75 m 500 287.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453 285.75 m 500 285.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 71.50 428.48 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 209.50 428.48 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 260.50 428.48 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.50 428.48 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.05 428.98 Td (Favorable/\(Unfavorable\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 71.50 415.48 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 235.95 415.98 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 381.40 415.98 Td (2014 vs. 2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.40 415.98 Td (2013 vs. 2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 71.50 402.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 222.00 402.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 273.00 402.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 324.00 402.98 Td (2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 368.95 402.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 416.45 402.98 Td (Percent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 461.95 402.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 509.45 402.98 Td (Percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 389.32 Td (North & Central America) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 209.50 389.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 227.65 389.43 Td (2,765) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.50 389.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.65 389.32 Td (1,470) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.50 389.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.15 389.32 Td (901) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.50 389.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 389.32 Td (1,295) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.80 389.32 Td (88) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 389.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.50 389.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.15 389.32 Td (569) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.80 389.32 Td (63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.15 389.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 375.32 Td (Europe, CIS and China) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 235.15 375.43 Td (908) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.15 375.32 Td (862) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.15 375.32 Td (890) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 375.32 Td (46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 375.32 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 375.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.80 375.37 Td (\(28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 375.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.45 375.32 Td (\(3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.80 375.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 361.32 Td (Asia Pacific) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 235.15 361.43 Td (794) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.15 361.32 Td (758) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.15 361.32 Td (820) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 361.32 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 361.32 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 361.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.80 361.37 Td (\(62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 361.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.45 361.32 Td (\(8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.80 361.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 347.32 Td (Middle East) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 235.15 347.43 Td (208) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.15 347.32 Td (198) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.15 347.32 Td (193) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 347.32 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 347.32 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 347.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 347.32 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.80 347.32 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.15 347.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 333.32 Td (Africa) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 235.15 333.43 Td (187) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.15 333.32 Td (142) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.15 333.32 Td (154) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 333.32 Td (45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.80 333.32 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 333.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.80 333.37 Td (\(12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 333.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.45 333.32 Td (\(8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.80 333.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 319.32 Td (India) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 235.15 319.43 Td (157) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.15 319.32 Td (170) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.15 319.32 Td (181) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.80 319.37 Td (\(13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.15 319.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.45 319.32 Td (\(8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.80 319.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.80 319.37 Td (\(11) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 319.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.45 319.32 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.80 319.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.50 305.32 Td (South America) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 235.15 305.43 Td (155) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.15 305.32 Td (149) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.15 305.32 Td (138) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 305.32 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 305.32 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 305.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.15 305.32 Td (11) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.80 305.32 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.15 305.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.50 291.32 Td (Total sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 209.50 291.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 227.65 291.43 Td (5,174) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.50 291.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.65 291.32 Td (3,749) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.50 291.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.65 291.32 Td (3,277) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.50 291.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 291.32 Td (1,425) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.80 291.32 Td (38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 291.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.50 291.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.15 291.32 Td (472) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.80 291.32 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.15 291.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 267.25 Td (Sales for our Distribution segment by product were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 217.75 145.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 195.50 217.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.50 217.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 217.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 217.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.50 217.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.50 217.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 217.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 217.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 217.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 217.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 217.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 217.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 217.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 217.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 189.75 145.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 195.50 189.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.50 189.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 189.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 189.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.50 189.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.50 189.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 189.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 189.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 189.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 189.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 189.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 189.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 189.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 189.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 161.75 145.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 195.50 161.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.50 161.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 161.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 161.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.50 161.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.50 161.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 161.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 161.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 161.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 161.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 161.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 161.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 161.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 161.75 47.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 243.75 m 407.5 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 243.75 m 411.5 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 243.75 m 458.5 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 243.75 m 462.5 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 243.75 m 511.5 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 243.75 m 515.5 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 243.75 m 562.5 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 230.75 m 248.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 230.75 m 252.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 230.75 m 301.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 230.75 m 305.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 230.75 m 354.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 230.75 m 407.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 230.75 m 411.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 230.75 m 458.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 230.75 m 511.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 230.75 m 515.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 230.75 m 562.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 217.75 m 248.5 217.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 217.75 m 301.5 217.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 217.75 m 354.5 217.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 217.75 m 407.5 217.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 217.75 m 458.5 217.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 217.75 m 511.5 217.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 217.75 m 562.5 217.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 217.75 m 354.5 217.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 217.75 m 458.5 217.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 217.75 m 511.5 217.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 217.75 m 562.5 217.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 161.75 m 248.5 161.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 148.75 m 248.5 148.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 146.75 m 248.5 146.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 161.75 m 301.5 161.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 148.75 m 301.5 148.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 146.75 m 301.5 146.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 161.75 m 354.5 161.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 148.75 m 354.5 148.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 146.75 m 354.5 146.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 161.75 m 407.5 161.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 148.75 m 407.5 148.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 146.75 m 407.5 146.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 161.75 m 511.5 161.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 148.75 m 511.5 148.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 146.75 m 511.5 146.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 247.48 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 202.00 247.48 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 255.00 247.48 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 308.00 247.48 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.55 247.98 Td (Favorable/\(Unfavorable\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 234.48 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 231.45 234.98 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 385.40 234.98 Td (2014 vs. 2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 489.40 234.98 Td (2013 vs. 2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 221.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 215.50 221.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 268.50 221.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 321.50 221.98 Td (2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 368.45 221.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.45 221.98 Td (Percent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 472.45 221.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 525.45 221.98 Td (Percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 208.32 Td (Parts and filtration) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 202.00 208.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 222.15 208.43 Td (1,924) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.00 208.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.15 208.32 Td (1,465) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.00 208.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.15 208.32 Td (1,235) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.00 208.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.65 208.32 Td (459) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 208.32 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 208.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.00 208.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 208.32 Td (230) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 208.32 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 208.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 194.32 Td (Power generation) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 222.15 194.43 Td (1,163) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.65 194.32 Td (931) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.65 194.32 Td (807) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.65 194.32 Td (232) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 194.32 Td (25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 194.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 194.32 Td (124) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 194.32 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 194.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 180.32 Td (Engines) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 222.15 180.43 Td (1,061) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.65 180.32 Td (713) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.65 180.32 Td (665) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.65 180.32 Td (348) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 180.32 Td (49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 180.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 180.32 Td (48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 180.32 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 180.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 166.32 Td (Service) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 222.15 166.43 Td (1,026) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.65 166.32 Td (640) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.65 166.32 Td (570) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.65 166.32 Td (386) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 166.32 Td (60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 166.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 166.32 Td (70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 166.32 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 166.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 152.32 Td (Total sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 202.00 152.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 222.15 152.43 Td (5,174) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.00 152.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.15 152.32 Td (3,749) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.00 152.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.15 152.32 Td (3,277) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.00 152.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 152.32 Td (1,425) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 152.32 Td (38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 152.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.00 152.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 152.32 Td (472) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 152.32 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 152.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 89 0 obj <>] /Rotate 0 /Contents 90 0 R>> endobj 90 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (44) Tj ET Q BT /F4 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 50 740.68505859375 m 105.830078125 740.68505859375 l s q 0 0 0 rg BT 50.00 742.25 Td (2014 vs. 2013) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 105.83 742.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (Sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 702.25 Td (Distribution segment sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.60 702.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.35 702.25 Td (d versus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.90 702.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.90 702.25 Td ( primarily due to $1.2 billion of segment sales related to the consolidation of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 690.25 Td (partially-owned North ) Tj ET Q q 0 0 0 rg BT 141.09 690.25 Td (American distributors since ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.12 690.25 Td (December 31, 2012,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.20 690.25 Td ( $290 million of or) Tj ET Q q 0 0 0 rg BT 410.57 690.25 Td (ganic sales growth primarily in North ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 678.25 Td (America, ) Tj ET Q q 0 0 0 rg BT 88.87 678.25 Td (Asia Pacific, ) Tj ET Q q 0 0 0 rg BT 141.91 678.25 Td (Africa, Europe and the Middle East and $56 million of segment sales related to the acquisition of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 666.25 Td (international distributors. ) Tj ET Q q 0 0 0 rg BT 153.41 666.25 Td (These increases were partially of) Tj ET Q q 0 0 0 rg BT 284.83 666.25 Td (fset by unfavorable foreign currency fluctuations and decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 654.25 Td (demand in India.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (Segment EBIT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 614.25 Td (Distribution segment EBIT) Tj ET Q q 0 0 0 rg BT 158.70 614.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.20 614.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.95 614.25 Td (d versus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.50 614.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.50 614.25 Td (, primarily due to the acquisitions of North ) Tj ET Q q 0 0 0 rg BT 422.53 614.25 Td (American distributors, partially ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 602.25 Td (of) Tj ET Q q 0 0 0 rg BT 58.15 602.25 Td (fset by unfavorable foreign currency fluctuations \(primarily in ) Tj ET Q q 0 0 0 rg BT 309.17 602.25 Td (Australia and Canada\), higher selling, general and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 590.25 Td (administrative expenses and lower equity) Tj ET Q q 0 0 0 rg BT 214.86 590.25 Td (, royalty and interest income from investees. ) Tj ET Q q 0 0 0 rg BT 394.90 590.25 Td (The acquisitions resulted in gains of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.09 590.25 Td ($73 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 578.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 578.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.33 578.25 Td ($12 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.72 578.25 Td ( for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.38 578.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.38 578.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.82 578.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.82 578.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 273.48 578.25 Td (, related to the remeasurement of our pre-existing ownership interests in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.25 Td (accordance with GAAP) Tj ET Q q 0 0 0 rg BT 143.86 566.25 Td (, which were partially of) Tj ET Q q 0 0 0 rg BT 241.69 566.25 Td (fset by $36 million and $14 million of amortization of intangible assets in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.15 566.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 566.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 554.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.94 554.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.94 554.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 139.60 554.25 Td (, for acquisitions since December 31, 2012. ) Tj ET Q q 0 0 0 rg BT 315.48 554.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.53 554.25 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.94 554.25 Td ( in equity) Tj ET Q q 0 0 0 rg BT 405.07 554.25 Td (, royalty and interest income from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 542.25 Td (investees was the result of the acquisition of North ) Tj ET Q q 0 0 0 rg BT 254.68 542.25 Td (American distributors since ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.71 542.25 Td (December31, 2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.29 542.25 Td (. Major components of EBIT) Tj ET Q q 0 0 0 rg BT 561.92 542.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 530.25 Td (and related changes to segment EBIT) Tj ET Q q 0 0 0 rg BT 199.49 530.25 Td ( and EBIT) Tj ET Q q 0 0 0 rg BT 240.96 530.25 Td ( as a percentage of sales were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 100.50 472.75 229.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 472.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 472.75 38.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.50 472.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 472.75 38.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.50 472.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 472.75 93.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 100.50 444.75 229.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 444.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 444.75 38.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.50 444.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 444.75 38.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.50 444.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 444.75 93.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 493.75 m 371.5 493.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 493.75 m 375.5 493.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 493.75 m 413.5 493.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 493.75 m 417.5 493.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 493.75 m 510.5 493.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 472.75 m 371.5 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 472.75 m 413.5 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 472.75 m 510.5 472.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.50 510.98 Td (Year ended December 31, 2014 vs. 2013) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 103.00 497.48 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.90 497.98 Td (Favorable/\(Unfavorable\) Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 103.00 476.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 337.95 476.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 380.95 476.98 Td (Percent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.80 484.98 Td (Per) Tj ET Q q 0 0 0 rg BT 433.64 484.98 Td (centage point change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 428.80 476.98 Td ( as a per) Tj ET Q q 0 0 0 rg BT 457.32 476.98 Td (cent of sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.00 463.32 Td (Gross margin) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 463.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.65 463.32 Td (208) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.30 463.32 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.65 463.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.80 463.37 Td (\(0.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.65 463.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.00 449.32 Td (Selling, general and administrative expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.30 449.37 Td (\(144) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 449.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.95 449.32 Td (\(32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.30 449.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 449.32 Td (0.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.00 435.32 Td (Equity, royalty and interest income from investees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.30 435.37 Td (\(17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 435.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.95 435.32 Td (\(10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.30 435.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.80 435.37 Td (\(1.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.65 435.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 50 409.68505859375 m 105.830078125 409.68505859375 l s q 0 0 0 rg BT 50.00 411.25 Td (2013 vs. 2012) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 105.83 411.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 391.25 Td (Sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 371.25 Td (Distribution segment sales increased versus 2012 primarily due to $507 million of incremental sales in 2013 related to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 359.25 Td (acquisition of partially-owned North ) Tj ET Q q 0 0 0 rg BT 198.30 359.25 Td (American distributors since June 2012. ) Tj ET Q q 0 0 0 rg BT 356.98 359.25 Td (These increases were partially of) Tj ET Q q 0 0 0 rg BT 488.40 359.25 Td (fset by decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 347.25 Td (engine product sales, primarily due to a significant slowdown in the North ) Tj ET Q q 0 0 0 rg BT 349.11 347.25 Td (American oil and gas markets, and by unfavorable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 335.25 Td (foreign currency fluctuations. Excluding acquisition related sales, all other changes were relatively flat versus 2012.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 315.25 Td (Segment EBIT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 295.25 Td (Distribution segment EBIT) Tj ET Q q 0 0 0 rg BT 158.70 295.25 Td ( increased versus 2012, primarily due to higher gross mar) Tj ET Q q 0 0 0 rg BT 388.46 295.25 Td (gin as a result of the acquisition and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 283.25 Td (consolidation of partially owned North ) Tj ET Q q 0 0 0 rg BT 207.47 283.25 Td (American distributors in 2013. ) Tj ET Q q 0 0 0 rg BT 332.55 283.25 Td (This increase was partially of) Tj ET Q q 0 0 0 rg BT 450.10 283.25 Td (fset by unfavorable foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 271.25 Td (currency fluctuations, higher selling, general and administrative expenses and lower equity) Tj ET Q q 0 0 0 rg BT 413.12 271.25 Td (, royalty and interest income from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 259.25 Td (investees as a result of the acquisitions. ) Tj ET Q q 0 0 0 rg BT 209.41 259.25 Td (Amortization of intangible assets related to these acquisitions also negatively impacted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 247.25 Td (EBIT) Tj ET Q q 0 0 0 rg BT 72.04 247.25 Td ( for 2013. ) Tj ET Q q 0 0 0 rg BT 113.52 247.25 Td (These acquisitions resulted in a $12 million gain related to the remeasurement of our pre-existing ownership ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 235.25 Td (interest in 2013, compared to a $7 million gain related to the remeasurement of our pre-existing 35 percent ownership in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 223.25 Td (Central Power in 2012. Distribution segment EBIT) Tj ET Q q 0 0 0 rg BT 253.96 223.25 Td ( also included restructuring and other char) Tj ET Q q 0 0 0 rg BT 422.61 223.25 Td (ges of $14million in 2012. Major ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 211.25 Td (components of EBIT) Tj ET Q q 0 0 0 rg BT 133.69 211.25 Td ( and related changes to segment EBIT) Tj ET Q q 0 0 0 rg BT 285.68 211.25 Td ( and EBIT) Tj ET Q q 0 0 0 rg BT 327.15 211.25 Td ( as a percentage of sales were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 100.50 153.75 229.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 153.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 153.75 38.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.50 153.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 153.75 38.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.50 153.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 153.75 93.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 100.50 125.75 229.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 125.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 125.75 38.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.50 125.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 125.75 38.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.50 125.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.50 125.75 93.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 174.75 m 371.5 174.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 174.75 m 375.5 174.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 174.75 m 413.5 174.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 174.75 m 417.5 174.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 174.75 m 510.5 174.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 153.75 m 371.5 153.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375.5 153.75 m 413.5 153.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417.5 153.75 m 510.5 153.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.50 191.98 Td (Year ended December 31, 2013 vs. 2012) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 103.00 178.48 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.90 178.98 Td (Favorable/\(Unfavorable\) Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 103.00 157.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 337.95 157.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 380.95 157.98 Td (Percent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.80 165.98 Td (Per) Tj ET Q q 0 0 0 rg BT 433.64 165.98 Td (centage point change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 428.80 157.98 Td ( as a per) Tj ET Q q 0 0 0 rg BT 457.32 157.98 Td (cent of sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.00 144.32 Td (Gross margin) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 144.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.65 144.32 Td (75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.30 144.32 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.65 144.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.80 144.37 Td (\(0.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.65 144.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.00 130.32 Td (Selling, general and administrative expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.30 130.37 Td (\(30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 130.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.95 130.32 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.30 130.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.15 130.32 Td (0.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.00 116.32 Td (Equity, royalty and interest income from investees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.30 116.37 Td (\(23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 116.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.95 116.32 Td (\(12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.30 116.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.80 116.37 Td (\(1.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.65 116.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 91 0 obj <>] /Rotate 0 /Contents 92 0 R>> endobj 92 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (45) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Components Segment Results) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (Financial data for the Components segment was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 670.75 188.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 237.50 670.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 670.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 670.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 670.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 670.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 670.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 670.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 670.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 670.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 670.75 39.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 670.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 670.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 670.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 670.75 39.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 640.75 188.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 237.50 640.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 640.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 640.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 640.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 640.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 640.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 640.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 640.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 640.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 640.75 39.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 640.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 640.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 640.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 640.75 39.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 610.75 188.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 237.50 610.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 610.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 610.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 610.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 610.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 610.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 610.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 610.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 610.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 610.75 39.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 610.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 610.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 610.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 610.75 39.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 580.75 188.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 237.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 580.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 580.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 580.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 580.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 580.75 39.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 580.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 580.75 39.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 550.75 188.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 237.50 550.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 550.75 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 550.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 550.75 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 550.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 550.75 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 550.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 550.75 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 550.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 550.75 39.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 550.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 550.75 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 550.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 550.75 39.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 524.75 188.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 237.50 524.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 524.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 524.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 524.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 524.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 524.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 524.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 524.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.50 524.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 524.75 39.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 524.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 524.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 524.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 524.75 39.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 697.75 m 431.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 431.5 697.75 m 435.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 697.75 m 474.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474.5 697.75 m 478.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 697.75 m 518.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518.5 697.75 m 522.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 697.75 m 561.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241.5 683.75 m 287.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 287.5 683.75 m 291.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 683.75 m 337.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 683.75 m 341.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 683.75 m 387.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 683.75 m 431.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 431.5 683.75 m 435.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 683.75 m 474.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 683.75 m 518.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518.5 683.75 m 522.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 683.75 m 561.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241.5 670.75 m 287.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 670.75 m 337.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 670.75 m 387.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 670.75 m 431.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 670.75 m 474.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 670.75 m 518.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 670.75 m 561.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 670.75 m 431.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 670.75 m 474.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 670.75 m 561.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 640.75 m 431.5 640.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 640.75 m 518.5 640.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241.5 640.75 m 287.5 640.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 640.75 m 337.5 640.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 640.75 m 387.5 640.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 524.75 m 431.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 431.5 524.75 m 435.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 524.75 m 474.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 524.75 m 518.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518.5 524.75 m 522.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 524.75 m 561.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 524.75 m 561.5 524.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 702.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 244.00 702.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 294.00 702.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 344.00 702.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.55 701.98 Td (Favorable/\(Unfavorable\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 688.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 268.95 687.98 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.90 687.98 Td (2014 vs. 2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 496.90 687.98 Td (2013 vs. 2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.00 674.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.00 674.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 306.00 674.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.00 674.98 Td (2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 396.95 674.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 441.45 674.98 Td (Percent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.95 674.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.45 674.98 Td (Percent) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 660.21 Td (External sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 244.00 660.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 254.50 660.43 Td (3,791) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.00 660.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.10 660.42 Td (3,151) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.00 660.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.10 660.42 Td (2,809) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 660.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 660.42 Td (640) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.30 660.42 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 660.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.00 660.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 660.42 Td (342) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 660.42 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 660.42 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 645.21 Td (Intersegment sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 254.50 645.43 Td (1,327) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.10 645.42 Td (1,191) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.10 645.42 Td (1,203) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 645.42 Td (136) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.30 645.42 Td (11) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 645.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.30 645.47 Td (\(12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.65 645.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 645.42 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.30 645.42 Td (\)%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 64.00 630.21 Td (Total sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 254.50 630.43 Td (5,118) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.10 630.42 Td (4,342) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.10 630.42 Td (4,012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 630.42 Td (776) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.30 630.42 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 630.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 630.42 Td (330) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.30 630.42 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 630.42 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 615.21 Td (Depreciation and amortization) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.00 615.43 Td (106) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 615.42 Td (96) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.65 615.42 Td (82) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.30 615.47 Td (\(10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.65 615.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.95 615.42 Td (\(10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.30 615.42 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.30 615.47 Td (\(14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.65 615.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.95 615.42 Td (\(17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.30 615.42 Td (\)%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 600.21 Td (Research, development and engineering expenses) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.00 600.43 Td (230) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.65 600.42 Td (218) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.65 600.42 Td (213) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.30 600.47 Td (\(12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.65 600.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.95 600.42 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.30 600.42 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.30 600.47 Td (\(5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.65 600.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 600.42 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.30 600.42 Td (\)%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 585.21 Td (Equity, royalty and interest income from investees) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 267.00 585.43 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 585.42 Td (28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.65 585.42 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 585.42 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.30 585.42 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 585.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.30 585.47 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.65 585.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.95 585.42 Td (\(3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.30 585.42 Td (\)%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 570.21 Td (Interest income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 272.00 570.43 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.65 570.42 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 570.42 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 570.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.30 570.42 Td (33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 570.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.65 570.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 570.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 570.42 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 555.21 Td (Segment EBIT) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.00 555.43 Td (684) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.65 555.42 Td (527) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.65 555.42 Td (426) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 555.42 Td (157) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.30 555.42 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 555.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 555.42 Td (101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 555.42 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 555.42 Td (%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.00 528.98 Td (Percentage Points) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 489.00 528.98 Td (Percentage Points) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 52.00 514.21 Td (Segment EBIT as a percentage of total sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 259.50 514.43 Td (13.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 277.00 514.43 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.15 514.42 Td (12.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.65 514.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.15 514.42 Td (10.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.65 514.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.00 514.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.80 514.42 Td (1.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.80 514.42 Td (1.5) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (Sales for our Components segment by business were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 440.75 145.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 195.50 440.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.50 440.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 440.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 440.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.50 440.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.50 440.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 440.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 440.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 440.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 440.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 440.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 440.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 440.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 440.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 412.75 145.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 195.50 412.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.50 412.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 412.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 412.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.50 412.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.50 412.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 412.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 412.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 412.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 412.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 412.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 412.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 412.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 412.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 384.75 145.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 195.50 384.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 199.50 384.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 248.50 384.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 384.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.50 384.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.50 384.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 384.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 384.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 384.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 384.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 384.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 384.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 384.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 384.75 47.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 466.75 m 407.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 466.75 m 411.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 466.75 m 458.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 466.75 m 462.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 466.75 m 511.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 466.75 m 515.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 466.75 m 562.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 453.75 m 248.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 453.75 m 252.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 453.75 m 301.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 453.75 m 305.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 453.75 m 354.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 453.75 m 407.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 453.75 m 411.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 453.75 m 458.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 453.75 m 511.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 453.75 m 515.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 453.75 m 562.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 440.75 m 248.5 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 440.75 m 301.5 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 440.75 m 354.5 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 440.75 m 407.5 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 440.75 m 458.5 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 440.75 m 511.5 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 440.75 m 562.5 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 440.75 m 248.5 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 440.75 m 301.5 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 440.75 m 354.5 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 384.75 m 248.5 384.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 371.75 m 248.5 371.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 199.5 369.75 m 248.5 369.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 248.5 384.75 m 252.5 384.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 384.75 m 301.5 384.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 371.75 m 301.5 371.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 252.5 369.75 m 301.5 369.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 384.75 m 305.5 384.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 384.75 m 354.5 384.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 371.75 m 354.5 371.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305.5 369.75 m 354.5 369.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 384.75 m 407.5 384.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 371.75 m 407.5 371.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 369.75 m 407.5 369.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 384.75 m 511.5 384.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 371.75 m 511.5 371.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 369.75 m 511.5 369.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 470.48 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 202.00 470.48 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 255.00 470.48 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 308.00 470.48 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.55 470.98 Td (Favorable/\(Unfavorable\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 457.48 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 231.45 457.98 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 385.40 457.98 Td (2014 vs. 2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 489.40 457.98 Td (2013 vs. 2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 444.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 215.50 444.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 268.50 444.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 321.50 444.98 Td (2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 368.45 444.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.45 444.98 Td (Percent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 472.45 444.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 525.45 444.98 Td (Percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 431.32 Td (Emission solutions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 202.00 431.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 222.15 431.43 Td (2,343) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.00 431.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.15 431.32 Td (1,791) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.00 431.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.15 431.32 Td (1,415) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.00 431.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.65 431.32 Td (552) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.30 431.32 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 431.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.00 431.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 431.32 Td (376) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 431.32 Td (27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 431.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 417.32 Td (Turbo technologies) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 222.15 417.43 Td (1,222) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.15 417.32 Td (1,115) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.15 417.32 Td (1,106) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.65 417.32 Td (107) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.30 417.32 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 417.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 417.32 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 417.32 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 417.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 403.32 Td (Filtration) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 222.15 403.43 Td (1,075) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.15 403.32 Td (1,028) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.15 403.32 Td (1,048) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 403.32 Td (47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.30 403.32 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 403.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.30 403.37 Td (\(20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.65 403.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.95 403.32 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 403.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 389.32 Td (Fuel systems) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 229.65 389.43 Td (478) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.65 389.32 Td (408) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.65 389.32 Td (443) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 389.32 Td (70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.30 389.32 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 389.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.30 389.37 Td (\(35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.65 389.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.95 389.32 Td (\(8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 389.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 375.32 Td (Total sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 202.00 375.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 222.15 375.43 Td (5,118) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.00 375.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.15 375.32 Td (4,342) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.00 375.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.15 375.32 Td (4,012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.00 375.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.65 375.32 Td (776) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.30 375.32 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 375.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.00 375.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.65 375.32 Td (330) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 375.32 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 375.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 50 349.68505859375 m 105.830078125 349.68505859375 l s q 0 0 0 rg BT 50.00 351.25 Td (2014 vs. 2013) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 105.83 351.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 331.25 Td (Sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 311.25 Td (Components segment sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.82 311.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.57 311.25 Td (d versus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.13 311.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.13 311.25 Td ( in all lines of business and across most markets. ) Tj ET Q q 0 0 0 rg BT 445.86 311.25 Td (The following were the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 299.25 Td (primary drivers by business:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 279.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 279.25 Td (Emission solutions business sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.67 279.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.43 279.25 Td (d primarily due to improved demand in the North ) Tj ET Q q 0 0 0 rg BT 455.11 279.25 Td (American on-highway ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 267.25 Td (markets and increased demand for our products in Europe and China to meet new emission requirements. ) Tj ET Q q 0 0 0 rg BT 509.86 267.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 255.25 Td (increases were partially of) Tj ET Q q 0 0 0 rg BT 191.04 255.25 Td (fset by lower demand in Brazil.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 235.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 235.25 Td (T) Tj ET Q q 0 0 0 rg BT 91.76 235.25 Td (urbo technologies business sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.96 235.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.71 235.25 Td (d as a result of improved on-highway demand in North ) Tj ET Q q 0 0 0 rg BT 478.33 235.25 Td (America and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 223.25 Td (Europe, partially of) Tj ET Q q 0 0 0 rg BT 163.85 223.25 Td (fset by lower demand in Brazil.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 203.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 203.25 Td (Fuel systems business sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.78 203.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.53 203.25 Td (d due to improved demand in the North ) Tj ET Q q 0 0 0 rg BT 391.50 203.25 Td (American on-highway markets, the new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 191.25 Td (Beijing Foton ISG engine that went into production during the second quarter of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.11 191.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.11 191.25 Td ( in China and increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 179.25 Td (aftermarket demand.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 159.25 Td (The increases above were partially of) Tj ET Q q 0 0 0 rg BT 199.47 159.25 Td (fset by unfavorable foreign currency fluctuations primarily in Brazil and South ) Tj ET Q q 0 0 0 rg BT 516.88 159.25 Td (Africa, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 147.25 Td (partially of) Tj ET Q q 0 0 0 rg BT 93.97 147.25 Td (fset by Europe.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 127.25 Td (Segment EBIT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 107.25 Td (Components segment EBIT) Tj ET Q q 0 0 0 rg BT 160.92 107.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.42 107.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.17 107.25 Td (d versus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.72 107.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.72 107.25 Td (, primarily due to higher gross mar) Tj ET Q q 0 0 0 rg BT 390.68 107.25 Td (gin and higher equity) Tj ET Q q 0 0 0 rg BT 475.29 107.25 Td (, royalty and interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 95.25 Td (income from investees, partially of) Tj ET Q q 0 0 0 rg BT 189.50 95.25 Td (fset by higher selling, general and administrative expenses and higher research, development ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 83.25 Td (and engineering expenses. Major components of EBIT) Tj ET Q q 0 0 0 rg BT 268.37 83.25 Td ( and related changes to segment EBIT) Tj ET Q q 0 0 0 rg BT 420.36 83.25 Td ( and EBIT) Tj ET Q q 0 0 0 rg BT 461.83 83.25 Td ( as a percentage of sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 71.25 Td (were as follows:) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 93 0 obj <>] /Rotate 0 /Contents 94 0 R>> endobj 94 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (46) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 92.50 704.50 228.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 704.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 704.50 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 704.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 704.50 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 704.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 704.50 90.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 92.50 676.50 228.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 676.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 676.50 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 676.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 676.50 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 676.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 676.50 90.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 723.5 m 373.5 723.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 723.5 m 377.5 723.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 723.5 m 424.5 723.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 723.5 m 428.5 723.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 723.5 m 518.5 723.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 704.5 m 373.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 704.5 m 424.5 704.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 704.5 m 518.5 704.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.00 739.73 Td (Year ended December 31, 2014 vs. 2013) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 95.00 726.23 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.40 727.58 Td (Favorable/\(Unfavorable\) Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 95.00 708.73 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 334.45 708.73 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.45 708.73 Td (Percent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 431.30 715.58 Td (Per) Tj ET Q q 0 0 0 rg BT 443.14 715.58 Td (centage point change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 439.30 707.58 Td (as a per) Tj ET Q q 0 0 0 rg BT 465.82 707.58 Td (cent of sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.00 695.07 Td (Gross margin) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.00 695.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.65 695.07 Td (191) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.30 695.07 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 695.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 695.07 Td (0.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.00 681.07 Td (Selling, general and administrative expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.30 681.12 Td (\(51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.65 681.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.95 681.07 Td (\(19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.30 681.07 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.65 681.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.00 667.07 Td (Research, development and engineering expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.30 667.12 Td (\(12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.65 667.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.95 667.07 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.30 667.07 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 667.07 Td (0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.00 653.07 Td (Equity, royalty and interest income from investees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.65 653.07 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.30 653.07 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 653.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 653.07 Td (0.1) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 629.00 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.05 629.00 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.80 629.00 Td ( in gross mar) Tj ET Q q 0 0 0 rg BT 152.56 629.00 Td (gin was primarily due to higher volumes, mainly in the emission solutions business and lower ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 617.00 Td (material and commodity costs, partially of) Tj ET Q q 0 0 0 rg BT 219.22 617.00 Td (fset by unfavorable pricing and unfavorable foreign currency adjustments \(primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 605.00 Td (in Europe\).) Tj ET Q q 0 0 0 rg BT 97.30 605.00 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.35 605.00 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.11 605.00 Td ( in selling, general and administrative expenses was primarily due to higher headcount to support ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 593.00 Td (business growth.) Tj ET Q q 0 0 0 rg BT 119.54 593.00 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.59 593.00 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.34 593.00 Td ( in research, development and engineering expenses was primarily due to higher headcount to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 581.00 Td (support our strategic growth initiatives, partially of) Tj ET Q q 0 0 0 rg BT 253.94 581.00 Td (fset by increased expense recovery) Tj ET Q q 0 0 0 rg BT 392.67 581.00 Td (.) Tj ET Q BT /F4 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 50 559.43505859375 m 105.830078125 559.43505859375 l s q 0 0 0 rg BT 50.00 561.00 Td (2013 vs. 2012) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 105.83 561.00 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 541.00 Td (Sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 521.00 Td (Components segment sales increased versus 2012 primarily due to increased sales within the emission solutions business, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 509.00 Td (mainly related to the following:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 489.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 489.00 Td (Improved on-highway OEM and aftermarket demand in North ) Tj ET Q q 0 0 0 rg BT 337.60 489.00 Td (America.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 469.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 469.00 Td (The impact of our 2012 acquisition of Hilite experienced in ) Tj ET Q q 0 0 0 rg BT 326.30 469.00 Td (W) Tj ET Q q 0 0 0 rg BT 334.94 469.00 Td (estern Europe, which resulted in $77 million of related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 457.00 Td (incremental sales in 2013 compared to 2012.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 437.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 437.00 Td (W) Tj ET Q q 0 0 0 rg BT 94.64 437.00 Td (estern European pre-buy activity in anticipation of the Euro ) Tj ET Q q 0 0 0 rg BT 335.21 437.00 Td (VI emission standards beginning in the first quarter of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 425.00 Td (2014.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 405.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 405.00 Td (Growth in the medium-duty Brazilian truck market which resulted in improved aftertreatment demand.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 385.00 Td (The increases above were partially of) Tj ET Q q 0 0 0 rg BT 199.47 385.00 Td (fset by the following: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 364.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 364.00 Td (Foreign currency fluctuations unfavorably impacted sales results.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 343.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 343.00 Td (Fuel systems business sales decreased primarily due to lower demand in North ) Tj ET Q q 0 0 0 rg BT 402.60 343.00 Td (American on-highway markets and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 331.00 Td (lower demand in Europe, partially of) Tj ET Q q 0 0 0 rg BT 233.55 331.00 Td (fset by increased aftermarket demand.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 310.00 Td (Segment EBIT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 290.00 Td (Components segment EBIT) Tj ET Q q 0 0 0 rg BT 160.92 290.00 Td ( increased versus 2012, primarily due to higher gross mar) Tj ET Q q 0 0 0 rg BT 390.68 290.00 Td (gin. Components segment EBIT) Tj ET Q q 0 0 0 rg BT 519.38 290.00 Td ( for 2012 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 278.00 Td (included restructuring and other char) Tj ET Q q 0 0 0 rg BT 197.54 278.00 Td (ges of $6million in the fourth quarter) Tj ET Q q 0 0 0 rg BT 347.79 278.00 Td (. Major components of EBIT) Tj ET Q q 0 0 0 rg BT 463.42 278.00 Td ( and related changes to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 266.00 Td (segment EBIT) Tj ET Q q 0 0 0 rg BT 107.86 266.00 Td ( and EBIT) Tj ET Q q 0 0 0 rg BT 149.34 266.00 Td ( as a percentage of sales were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 92.50 211.50 228.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 211.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 211.50 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 211.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 211.50 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 211.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 211.50 90.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 92.50 183.50 228.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 183.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 183.50 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 183.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 183.50 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 183.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 183.50 90.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 230.5 m 373.5 230.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 230.5 m 377.5 230.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 230.5 m 424.5 230.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 230.5 m 428.5 230.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 230.5 m 518.5 230.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 211.5 m 373.5 211.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 211.5 m 424.5 211.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 211.5 m 518.5 211.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.00 246.73 Td (Year ended December 31, 2013 vs. 2012) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 95.00 233.23 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.40 234.58 Td (Favorable/\(Unfavorable\) Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 95.00 215.73 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 334.45 215.73 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.45 215.73 Td (Percent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 431.30 222.58 Td (Per) Tj ET Q q 0 0 0 rg BT 443.14 222.58 Td (centage point change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 439.30 214.58 Td (as a per) Tj ET Q q 0 0 0 rg BT 465.82 214.58 Td (cent of sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.00 202.07 Td (Gross margin) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.00 202.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.65 202.07 Td (112) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.30 202.07 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 202.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 202.07 Td (0.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.00 188.07 Td (Selling, general and administrative expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.65 188.07 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.30 188.07 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.65 188.07 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 188.07 Td (0.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.00 174.07 Td (Research, development and engineering expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.30 174.12 Td (\(5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.65 174.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.95 174.07 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.30 174.07 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 174.07 Td (0.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.00 160.07 Td (Equity, royalty and interest income from investees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.30 160.12 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.65 160.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.95 160.07 Td (\(3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.30 160.07 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.80 160.12 Td (\(0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.65 160.07 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 136.00 Td (The increase in gross mar) Tj ET Q q 0 0 0 rg BT 152.56 136.00 Td (gin was primarily due to higher volumes in the emission solutions business and lower material and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 124.00 Td (commodity costs in several businesses, partially of) Tj ET Q q 0 0 0 rg BT 252.84 124.00 Td (fset by increased warranty costs and unfavorable foreign currency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 112.00 Td (fluctuations. ) Tj ET Q q 0 0 0 rg BT 102.03 112.00 Td (The decrease in selling, general and administrative expenses was primarily due to lower discretionary spending in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 100.00 Td (2013, partially of) Tj ET Q q 0 0 0 rg BT 118.97 100.00 Td (fset by increased compensation and variable compensation expense. ) Tj ET Q q 0 0 0 rg BT 393.41 100.00 Td (The increase in research, development ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 88.00 Td (and engineering expenses was primarily due to higher headcount to support our strategic growth initiatives and new product ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 76.00 Td (development spending, partially of) Tj ET Q q 0 0 0 rg BT 189.23 76.00 Td (fset by lower consulting expenses.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 95 0 obj <>] /Rotate 0 /Contents 96 0 R>> endobj 96 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (47) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Power) Tj ET Q q 0 0 0 rg BT 77.03 742.25 Td ( Generation Segment Results) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (Financial data for the Power Generation segment was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 670.75 188.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 238.50 670.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 670.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.50 670.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 670.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 670.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 670.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 670.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 670.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.50 670.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 670.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 670.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 670.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 670.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 670.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 640.75 188.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 238.50 640.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 640.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.50 640.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 640.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 640.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 640.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 640.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 640.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.50 640.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 640.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 640.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 640.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 640.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 640.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 610.75 188.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 238.50 610.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 610.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.50 610.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 610.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 610.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 610.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 610.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 610.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.50 610.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 610.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 610.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 610.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 610.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 610.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 580.75 188.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 238.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 580.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 580.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 580.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 580.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 580.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 580.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 580.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 550.75 188.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 238.50 550.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 550.75 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.50 550.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 550.75 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 550.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 550.75 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 550.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 550.75 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.50 550.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 550.75 38.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 550.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 550.75 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 550.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 550.75 38.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 524.75 188.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 238.50 524.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 524.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.50 524.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 524.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 524.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 524.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 524.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 524.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.50 524.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 524.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 524.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 478.50 524.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 518.50 524.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 522.50 524.75 38.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 697.75 m 432.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 697.75 m 436.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 697.75 m 474.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474.5 697.75 m 478.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 697.75 m 518.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518.5 697.75 m 522.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 697.75 m 560.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 683.75 m 288.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 288.5 683.75 m 292.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 683.75 m 338.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 683.75 m 342.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 683.75 m 388.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 697.75 m 432.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 683.75 m 432.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 697.75 m 436.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 683.75 m 436.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 697.75 m 474.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 683.75 m 474.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 697.75 m 518.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 683.75 m 518.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518.5 697.75 m 522.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518.5 683.75 m 522.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 697.75 m 560.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 683.75 m 560.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 670.75 m 288.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 670.75 m 338.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 670.75 m 388.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 670.75 m 432.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 670.75 m 474.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 670.75 m 518.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 670.75 m 560.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 670.75 m 432.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 670.75 m 474.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 670.75 m 518.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 670.75 m 560.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 640.75 m 432.5 640.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 640.75 m 518.5 640.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 242.5 640.75 m 288.5 640.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 640.75 m 338.5 640.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 640.75 m 388.5 640.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 524.75 m 432.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 524.75 m 436.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 524.75 m 474.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 478.5 524.75 m 518.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 518.5 524.75 m 522.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 522.5 524.75 m 560.5 524.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 702.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 245.00 702.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 295.00 702.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 345.00 702.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.55 701.98 Td (Favorable/\(Unfavorable\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 688.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 269.95 687.98 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 410.40 687.98 Td (2014 vs. 2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 496.40 687.98 Td (2013 vs. 2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 674.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 257.00 674.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 307.00 674.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 357.00 674.98 Td (2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.95 674.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 441.95 674.98 Td (Percent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 483.95 674.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.95 674.98 Td (Percent) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 660.21 Td (External sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 245.00 660.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 255.50 660.43 Td (1,858) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.00 660.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.10 660.42 Td (2,154) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.00 660.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.10 660.42 Td (2,163) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.00 660.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.30 660.47 Td (\(296) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 660.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.95 660.42 Td (\(14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.30 660.42 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.00 660.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.30 660.47 Td (\(9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.65 660.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 660.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.65 660.42 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 645.21 Td (Intersegment sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 255.50 645.43 Td (1,038) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.65 645.42 Td (877) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.10 645.42 Td (1,105) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.65 645.42 Td (161) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.30 645.42 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 645.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.30 645.47 Td (\(228) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.65 645.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.95 645.42 Td (\(21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.30 645.42 Td (\)%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 59.00 630.21 Td (Total sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 255.50 630.43 Td (2,896) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.10 630.42 Td (3,031) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.10 630.42 Td (3,268) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.30 630.47 Td (\(135) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 630.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.95 630.42 Td (\(4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.30 630.42 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.30 630.47 Td (\(237) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.65 630.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.95 630.42 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.30 630.42 Td (\)%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 615.21 Td (Depreciation and amortization) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 268.00 615.43 Td (53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.65 615.42 Td (50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.65 615.42 Td (47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.30 615.47 Td (\(3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 615.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.95 615.42 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.30 615.42 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.30 615.47 Td (\(3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.65 615.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.95 615.42 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.30 615.42 Td (\)%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 600.21 Td (Research, development and engineering expenses) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 268.00 600.43 Td (77) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.65 600.42 Td (73) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.65 600.42 Td (76) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.30 600.47 Td (\(4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 600.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.95 600.42 Td (\(5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.30 600.42 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.65 600.42 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.30 600.42 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.65 600.42 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 585.21 Td (Equity, royalty and interest income from investees) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 268.00 585.43 Td (39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.65 585.42 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.65 585.42 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 585.42 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.30 585.42 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 585.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.30 585.47 Td (\(8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.65 585.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.95 585.42 Td (\(20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.30 585.42 Td (\)%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 570.21 Td (Interest income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 273.00 570.43 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.65 570.42 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.65 570.42 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.30 570.47 Td (\(3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 570.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.95 570.42 Td (\(50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.30 570.42 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.30 570.47 Td (\(3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.65 570.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.95 570.42 Td (\(33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.30 570.42 Td (\)%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 555.21 Td (Segment EBIT) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 263.00 555.43 Td (168) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.65 555.42 Td (218) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.65 555.42 Td (285) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.30 555.47 Td (\(50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 555.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.95 555.42 Td (\(23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.30 555.42 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.30 555.47 Td (\(67) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.65 555.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.95 555.42 Td (\(24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.30 555.42 Td (\)%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.50 528.98 Td (Percentage Points) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 488.50 528.98 Td (Percentage Points) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 514.21 Td (Segment EBIT as a percentage of total sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.50 514.43 Td (5.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 278.00 514.43 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.15 514.42 Td (7.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.65 514.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.15 514.42 Td (8.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.65 514.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.45 514.42 Td (\(1.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.30 514.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.45 514.42 Td (\(1.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.30 514.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (Sales for our Power Generation segment by business were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 85.00 440.75 121.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.00 440.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.00 440.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 254.00 440.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 258.00 440.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 440.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 440.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.00 440.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.00 440.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.00 440.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.00 440.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 440.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.00 440.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.00 440.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.00 440.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 85.00 412.75 121.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.00 412.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.00 412.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 254.00 412.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 258.00 412.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 412.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 412.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.00 412.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.00 412.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.00 412.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.00 412.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 412.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.00 412.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.00 412.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.00 412.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 85.00 384.75 121.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 206.00 384.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.00 384.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 254.00 384.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 258.00 384.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 384.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 384.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.00 384.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.00 384.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.00 384.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.00 384.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 384.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.00 384.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.00 384.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.00 384.75 40.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354 466.75 m 394 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394 466.75 m 398 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 466.75 m 438 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438 466.75 m 442 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442 466.75 m 482 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482 466.75 m 486 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 466.75 m 526 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210 453.75 m 254 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 254 453.75 m 258 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 258 453.75 m 302 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 453.75 m 306 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306 453.75 m 350 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354 453.75 m 394 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394 453.75 m 398 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 453.75 m 438 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442 453.75 m 482 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 482 453.75 m 486 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 453.75 m 526 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210 440.75 m 254 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 258 440.75 m 302 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306 440.75 m 350 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354 440.75 m 394 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 440.75 m 438 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442 440.75 m 482 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 440.75 m 526 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306 440.75 m 350 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354 440.75 m 394 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398 440.75 m 438 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 440.75 m 526 440.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210 384.75 m 254 384.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210 371.75 m 254 371.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210 369.75 m 254 369.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 258 384.75 m 302 384.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 258 371.75 m 302 371.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 258 369.75 m 302 369.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306 384.75 m 350 384.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306 371.75 m 350 371.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306 369.75 m 350 369.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354 384.75 m 394 384.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354 371.75 m 394 371.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354 369.75 m 394 369.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442 384.75 m 482 384.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442 371.75 m 482 371.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442 369.75 m 482 369.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 87.50 470.48 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 212.50 470.48 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 260.50 470.48 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 308.50 470.48 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.05 470.98 Td (Favorable/\(Unfavorable\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 87.50 457.48 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 234.45 457.98 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 372.90 457.98 Td (2014 vs. 2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.90 457.98 Td (2013 vs. 2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 87.50 444.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 223.50 444.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 271.50 444.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 319.50 444.98 Td (2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.45 444.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.45 444.98 Td (Percent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 447.45 444.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 492.45 444.98 Td (Percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 431.32 Td (Power products) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 212.50 431.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 227.65 431.43 Td (1,669) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.50 431.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.65 431.32 Td (1,725) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.50 431.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.65 431.32 Td (1,654) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.50 431.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.80 431.37 Td (\(56) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 431.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.45 431.32 Td (\(3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.80 431.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.50 431.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.15 431.32 Td (71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.80 431.32 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.15 431.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 417.32 Td (Power systems) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 235.15 417.43 Td (631) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.15 417.32 Td (656) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.15 417.32 Td (757) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.80 417.37 Td (\(25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 417.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.45 417.32 Td (\(4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.80 417.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.80 417.37 Td (\(101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.15 417.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.45 417.32 Td (\(13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.80 417.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 403.32 Td (Alternators) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 235.15 403.43 Td (449) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.15 403.32 Td (496) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.15 403.32 Td (566) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.80 403.37 Td (\(47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 403.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.45 403.32 Td (\(9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.80 403.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.80 403.37 Td (\(70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.15 403.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.45 403.32 Td (\(12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.80 403.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 389.32 Td (Power solutions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 235.15 389.43 Td (147) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.15 389.32 Td (154) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.15 389.32 Td (291) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.80 389.37 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 389.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.45 389.32 Td (\(5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.80 389.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.80 389.37 Td (\(137) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.15 389.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.45 389.32 Td (\(47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.80 389.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.50 375.32 Td (Total sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 212.50 375.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 227.65 375.43 Td (2,896) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.50 375.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.65 375.32 Td (3,031) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.50 375.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.65 375.32 Td (3,268) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.50 375.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.80 375.37 Td (\(135) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.15 375.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.45 375.32 Td (\(4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.80 375.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.50 375.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.80 375.37 Td (\(237) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.15 375.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.45 375.32 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.80 375.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 50 349.68505859375 m 105.830078125 349.68505859375 l s q 0 0 0 rg BT 50.00 351.25 Td (2014 vs. 2013) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 105.83 351.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 331.25 Td (Sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 311.25 Td (Power Generation segment sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.74 311.25 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.15 311.25 Td (d in all lines of business and across most markets versus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.62 311.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.62 311.25 Td (, primarily due to lower ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 299.25 Td (industrial activity) Tj ET Q q 0 0 0 rg BT 119.61 299.25 Td (. ) Tj ET Q q 0 0 0 rg BT 124.43 299.25 Td (The following are the primary drivers by business:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 278.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 278.25 Td (Power products sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.93 278.25 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.34 278.25 Td (d primarily due to lower demand in North ) Tj ET Q q 0 0 0 rg BT 376.75 278.25 Td (America driven by declining military sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 266.25 Td (and lower demand in India, Mexico and Russia, partially of) Tj ET Q q 0 0 0 rg BT 323.81 266.25 Td (fset by increases in China, ) Tj ET Q q 0 0 0 rg BT 431.01 266.25 Td (Africa and ) Tj ET Q q 0 0 0 rg BT 475.80 266.25 Td (W) Tj ET Q q 0 0 0 rg BT 484.44 266.25 Td (estern Europe.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 245.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 245.25 Td (Alternators sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.42 245.25 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.84 245.25 Td (d due to lower demand in ) Tj ET Q q 0 0 0 rg BT 294.08 245.25 Td (W) Tj ET Q q 0 0 0 rg BT 302.71 245.25 Td (estern Europe, India and ) Tj ET Q q 0 0 0 rg BT 402.40 245.25 Td (Asia, partially of) Tj ET Q q 0 0 0 rg BT 469.70 245.25 Td (fset by increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 233.25 Td (demand in the U.K. and China.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 212.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 212.25 Td (Power systems sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.16 212.25 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.57 212.25 Td (d primarily due to reduced demand in North ) Tj ET Q q 0 0 0 rg BT 382.86 212.25 Td (America and ) Tj ET Q q 0 0 0 rg BT 436.54 212.25 Td (W) Tj ET Q q 0 0 0 rg BT 445.18 212.25 Td (estern Europe, partially ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 200.25 Td (of) Tj ET Q q 0 0 0 rg BT 94.15 200.25 Td (fset by higher demand in Latin ) Tj ET Q q 0 0 0 rg BT 219.12 200.25 Td (America and Brazil.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 179.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 179.25 Td (Foreign currency fluctuations unfavorably impacted sales \(primarily in India and Brazil\).) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 158.25 Td (Operating ) Tj ET Q q 0 0 0 rg BT 93.80 158.25 Td (Actions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 140.25 Td (Power Generation took multiple actions in the fourth quarter of 2014 to reduce its future cost structure. Costs associated with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 128.25 Td (these actions were $32 million and are primarily related to the closure of a plant in Germany) Tj ET Q q 0 0 0 rg BT 419.22 128.25 Td (.) Tj ET Q q 0 0 0 rg BT 424.04 128.25 Td (W) Tj ET Q q 0 0 0 rg BT 432.68 128.25 Td (e also initiated other tar) Tj ET Q q 0 0 0 rg BT 526.91 128.25 Td (geted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 116.25 Td (actions throughout the business including various headcount reductions to better align capacity with the current levels of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 104.25 Td (demand.) Tj ET Q q 0 0 0 rg BT 86.47 104.25 Td (These actions resulted in a Power Generation headcount reduction of approximately 250 employees and unfavorable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 92.25 Td (impacts to gross mar) Tj ET Q q 0 0 0 rg BT 132.86 92.25 Td (gin of $22 million, selling, general and administrative expense of $6 million and research and development ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 80.25 Td (expenses of $4 million. ) Tj ET Q q 0 0 0 rg BT 145.64 80.25 Td (The majority of these costs were accrued as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.62 80.25 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.20 80.25 Td (, and will be paid in 2015.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 97 0 obj <>] /Rotate 0 /Contents 98 0 R>> endobj 98 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (48) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Segment EBIT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (Power Generation segment EBIT) Tj ET Q q 0 0 0 rg BT 182.84 722.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.34 722.25 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.75 722.25 Td (d versus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.30 722.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.30 722.25 Td (, primarily due to lower gross mar) Tj ET Q q 0 0 0 rg BT 411.48 722.25 Td (gin, higher selling, general and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (administrative expenses and higher research, development and engineering expenses, partially of) Tj ET Q q 0 0 0 rg BT 437.46 710.25 Td (fset by higher equity) Tj ET Q q 0 0 0 rg BT 519.29 710.25 Td (, royalty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (and interest income from investees. Major components of EBIT) Tj ET Q q 0 0 0 rg BT 305.03 698.25 Td ( and related changes to segment EBIT) Tj ET Q q 0 0 0 rg BT 457.02 698.25 Td ( and EBIT) Tj ET Q q 0 0 0 rg BT 498.49 698.25 Td ( as a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 686.25 Td (percentage of sales were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 93.00 632.75 224.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.00 632.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 632.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.00 632.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 632.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 632.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 632.75 93.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 93.00 604.75 224.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.00 604.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 604.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.00 604.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 604.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 604.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 604.75 93.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321 651.75 m 370 651.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 651.75 m 374 651.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 651.75 m 421 651.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 651.75 m 425 651.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 651.75 m 518 651.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321 632.75 m 370 632.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 632.75 m 421 632.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 632.75 m 518 632.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.00 667.83 Td (Year ended December 31, 2014 vs. 2013) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 95.50 654.48 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.40 655.83 Td (Favorable/\(Unfavorable\) Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 95.50 636.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.95 636.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 383.95 636.98 Td (Percent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.30 643.83 Td (Per) Tj ET Q q 0 0 0 rg BT 441.14 643.83 Td (centage point change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.30 635.83 Td (as a per) Tj ET Q q 0 0 0 rg BT 463.82 635.83 Td (cent of sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 623.32 Td (Gross margin) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.50 623.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.80 623.37 Td (\(32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 623.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.45 623.32 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.80 623.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.30 623.37 Td (\(0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.15 623.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 609.32 Td (Selling, general and administrative expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.80 609.37 Td (\(16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 609.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.45 609.32 Td (\(5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.80 609.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.30 609.37 Td (\(1.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.15 609.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 595.32 Td (Research, development and engineering expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.80 595.37 Td (\(4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 595.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.45 595.32 Td (\(5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.80 595.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.30 595.37 Td (\(0.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.15 595.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 581.32 Td (Equity, royalty and interest income from investees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.15 581.32 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.80 581.32 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.15 581.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.65 581.32 Td (0.2) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 557.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.05 557.25 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.46 557.25 Td ( in gross mar) Tj ET Q q 0 0 0 rg BT 154.22 557.25 Td (gin versus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.55 557.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.55 557.25 Td ( was primarily due to lower volume, operating actions taken in the fourth quarter of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 545.25 Td (2014 and unfavorable foreign currency fluctuations \(primarily in Europe\), partially of) Tj ET Q q 0 0 0 rg BT 392.75 545.25 Td (fset by higher warranty costs and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 533.25 Td (favorable mix. ) Tj ET Q q 0 0 0 rg BT 110.63 533.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.68 533.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.43 533.25 Td ( in selling, general and administrative expenses and research, development and engineering ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 521.25 Td (expenses was primarily due to operating actions taken in the fourth quarter of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.40 521.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.40 521.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 401.84 528.18 122.19 -9.09 re f /GS0 gs q 0 0 0 rg BT 401.84 521.25 Td (higher compensation expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.03 521.25 Td (. ) Tj ET Q q 0 0 0 rg BT 528.85 521.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 509.25 Td (favorable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.25 509.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.01 509.25 Td ( in equity) Tj ET Q q 0 0 0 rg BT 160.13 509.25 Td (, royalty and interest income from investees was due to an $8 million impairment char) Tj ET Q q 0 0 0 rg BT 504.58 509.25 Td (ge of an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 497.25 Td (equity method investment in 2013. ) Tj ET Q BT /F4 10.00 Tf ET 0 0 0 RG /GS0 gs 0.95 w 0 i [] 0 d 1 J 1 j 3 M 50 475.68505859375 m 105.830078125 475.68505859375 l s q 0 0 0 rg BT 50.00 477.25 Td (2013 vs. 2012) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 105.83 477.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 457.25 Td (Sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 437.25 Td (Power Generation segment sales decreased versus 2012, primarily due to lower demand in the power solutions and power ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 425.25 Td (systems businesses. ) Tj ET Q q 0 0 0 rg BT 131.21 425.25 Td (The following are the primary drivers by business:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 404.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 404.25 Td (Power solutions sales decreased primarily due to lower volumes in the U.K., partially of) Tj ET Q q 0 0 0 rg BT 438.51 404.25 Td (fset by increased sales in ) Tj ET Q q 0 0 0 rg BT 539.87 404.25 Td (Asia.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 383.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 383.25 Td (Power systems sales decreased primarily due to reduced demand in India, the Middle East, China, ) Tj ET Q q 0 0 0 rg BT 479.78 383.25 Td (Asia and Russia, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 371.25 Td (partially of) Tj ET Q q 0 0 0 rg BT 129.97 371.25 Td (fset by increased sales in ) Tj ET Q q 0 0 0 rg BT 231.70 371.25 Td (W) Tj ET Q q 0 0 0 rg BT 240.34 371.25 Td (estern Europe.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 350.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 350.25 Td (Alternators sales decreased primarily due to demand reductions in Europe, the U.K. and India. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 330.25 Td (The decreases above were partially of) Tj ET Q q 0 0 0 rg BT 201.13 330.25 Td (fset by power products as sales increased primarily due to higher volumes in North ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 318.25 Td (America and improved price realization. ) Tj ET Q q 0 0 0 rg BT 214.19 318.25 Td (These increases were partially of) Tj ET Q q 0 0 0 rg BT 345.61 318.25 Td (fset by demand reductions in India and ) Tj ET Q q 0 0 0 rg BT 503.07 318.25 Td (Asia and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 306.25 Td (unfavorable foreign currency fluctuations.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 286.25 Td (Segment EBIT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 266.25 Td (Power Generation segment EBIT) Tj ET Q q 0 0 0 rg BT 182.84 266.25 Td ( decreased versus 2012, primarily due to lower gross mar) Tj ET Q q 0 0 0 rg BT 411.48 266.25 Td (gin, partially of) Tj ET Q q 0 0 0 rg BT 473.23 266.25 Td (fset by lower selling, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 254.25 Td (general and administrative expenses. Power Generation segment EBIT) Tj ET Q q 0 0 0 rg BT 332.50 254.25 Td ( for 2013 included an $8 million legal settlement and an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 242.25 Td ($8 million impairment char) Tj ET Q q 0 0 0 rg BT 159.52 242.25 Td (ge for the write-of) Tj ET Q q 0 0 0 rg BT 232.36 242.25 Td (f of an equity method investment, while segment EBIT) Tj ET Q q 0 0 0 rg BT 452.41 242.25 Td ( for 2012 included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 230.25 Td (restructuring and other char) Tj ET Q q 0 0 0 rg BT 160.61 230.25 Td (ges of $12million. Major components of EBIT) Tj ET Q q 0 0 0 rg BT 349.29 230.25 Td ( and related changes to segment EBIT) Tj ET Q q 0 0 0 rg BT 501.27 230.25 Td ( and EBIT) Tj ET Q q 0 0 0 rg BT 542.75 230.25 Td ( as a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 218.25 Td (percentage of sales were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 93.00 164.75 224.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.00 164.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 164.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.00 164.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 164.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 164.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 164.75 93.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 93.00 136.75 224.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.00 136.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 136.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.00 136.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.00 136.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 136.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 136.75 93.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321 183.75 m 370 183.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370 183.75 m 374 183.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 183.75 m 421 183.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 183.75 m 425 183.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 183.75 m 518 183.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321 164.75 m 370 164.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374 164.75 m 421 164.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 164.75 m 518 164.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.00 199.83 Td (Year ended December 31, 2013 vs. 2012) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 95.50 186.48 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.40 187.83 Td (Favorable/\(Unfavorable\) Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 95.50 168.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.95 168.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 383.95 168.98 Td (Percent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.30 175.83 Td (Per) Tj ET Q q 0 0 0 rg BT 441.14 175.83 Td (centage point change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.30 167.83 Td (as a per) Tj ET Q q 0 0 0 rg BT 463.82 167.83 Td (cent of sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 155.32 Td (Gross margin) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.50 155.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.80 155.37 Td (\(70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 155.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.45 155.32 Td (\(11) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.80 155.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.30 155.37 Td (\(0.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.15 155.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 141.32 Td (Selling, general and administrative expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 141.32 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.80 141.32 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.15 141.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.30 141.37 Td (\(0.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.15 141.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 127.32 Td (Research, development and engineering expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.15 127.32 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.80 127.32 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.15 127.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.30 127.37 Td (\(0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.15 127.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.50 113.32 Td (Equity, royalty and interest income from investees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.80 113.37 Td (\(8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 113.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.45 113.32 Td (\(20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.80 113.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.30 113.37 Td (\(0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.15 113.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 99 0 obj <>] /Rotate 0 /Contents 100 0 R>> endobj 100 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (The decrease in gross mar) Tj ET Q q 0 0 0 rg BT 154.22 742.10 Td (gin versus 2012 was due to lower volumes, partially of) Tj ET Q q 0 0 0 rg BT 373.44 742.10 Td (fset by improved price realization and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (favorable foreign currency fluctuations. ) Tj ET Q q 0 0 0 rg BT 211.14 730.10 Td (The decreases in selling, general and administrative expenses and research, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (development and engineering expenses were primarily due to the absence of restructuring char) Tj ET Q q 0 0 0 rg BT 428.56 718.10 Td (ges incurred in the fourth quarter ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (of 2013 and lower discretionary spending to align with slowing demand in key markets. ) Tj ET Q q 0 0 0 rg BT 403.92 706.10 Td (The decrease in equity) Tj ET Q q 0 0 0 rg BT 493.50 706.10 Td (, royalty and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (interest income from investees was due to an $8 million impairment char) Tj ET Q q 0 0 0 rg BT 341.68 694.10 Td (ge of an equity method investment in 2013. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 674.10 Td (Reconciliation of Segment EBIT) Tj ET Q q 0 0 0 rg BT 187.31 674.10 Td ( to Income Befor) Tj ET Q q 0 0 0 rg BT 258.50 674.10 Td (e Income ) Tj ET Q q 0 0 0 rg BT 299.42 674.10 Td (T) Tj ET Q q 0 0 0 rg BT 305.17 674.10 Td (axes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 650.10 Td (The table below reconciles the segment information to the corresponding amounts in the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 406.29 650.10 Td (Consolidated Statements of Income. ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 131.50 613.60 189.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 613.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 613.60 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 613.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 613.60 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 613.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 613.60 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 131.50 584.60 189.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 584.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 584.60 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 584.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 584.60 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 584.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 584.60 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 131.50 556.60 189.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 556.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 556.60 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 556.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 556.60 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 556.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 556.60 49.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 626.6 m 373.5 626.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 626.6 m 377.5 626.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 626.6 m 426.5 626.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 626.6 m 430.5 626.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 626.6 m 479.5 626.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 613.6 m 373.5 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 613.6 m 426.5 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 613.6 m 479.5 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 584.6 m 373.5 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 584.6 m 377.5 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 584.6 m 426.5 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 584.6 m 430.5 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 584.6 m 479.5 584.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 556.6 m 373.5 556.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 543.6 m 373.5 543.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 541.6 m 373.5 541.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 556.6 m 426.5 556.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 543.6 m 426.5 543.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 541.6 m 426.5 541.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 556.6 m 479.5 556.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 543.6 m 479.5 543.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 541.6 m 479.5 541.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 134.00 630.33 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.45 630.83 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 134.00 617.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.50 617.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.50 617.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 446.50 617.83 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.00 604.17 Td (Total segment EBIT) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.00 604.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 347.15 604.28 Td (2,568) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.00 604.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 604.17 Td (2,174) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.00 604.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 604.17 Td (2,328) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.00 589.27 Td (Non-segment EBIT) Tj ET Q q 0 0 0 rg BT 212.41 589.27 Td ( ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 214.91 593.80 Td (\(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 356.30 589.28 Td (\(70) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 369.65 589.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.30 589.32 Td (\(14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 589.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.30 589.32 Td (\(25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.65 589.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.00 575.17 Td (Total EBIT) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 347.15 575.28 Td (2,498) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 575.17 Td (2,160) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 575.17 Td (2,303) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.00 561.17 Td (Less: Interest expense) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 359.65 561.28 Td (64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 561.17 Td (41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 561.17 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.00 547.17 Td (Income before income taxes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.00 547.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 347.15 547.28 Td (2,434) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.00 547.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 547.17 Td (2,119) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.00 547.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 547.17 Td (2,271) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 131.00 535.90 Td (_______________________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 131.00 529.92 Td (\(1\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 137.06 526.30 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 139.06 526.30 Td (Includes intersegment sales and profit in inventory eliminations and unallocated corporate expenses. ) Tj ET Q q 0 0 0 rg BT 462.15 526.30 Td (The year ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 140.00 516.70 Td (ended December31, 2012, included a $20 million char) Tj ET Q q 0 0 0 rg BT 315.80 516.70 Td (ge \($12 million after) Tj ET Q q 0 0 0 rg BT 381.62 516.70 Td (-tax\) related to legal matters. ) Tj ET Q q 0 0 0 rg BT 475.66 516.70 Td (The gains ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 140.00 507.10 Td (and losses have been excluded from segment results as they were not considered in our evaluation of operating ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 140.00 497.50 Td (results for the year ended December31, 2012.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 101 0 obj <>] /Rotate 0 /Contents 102 0 R>> endobj 102 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (50) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (LIQUIDITY) Tj ET Q q 0 0 0 rg BT 104.09 742.25 Td ( ) Tj ET Q q 0 0 0 rg BT 106.04 742.25 Td (AND CAPIT) Tj ET Q q 0 0 0 rg BT 160.57 742.25 Td (AL) Tj ET Q q 0 0 0 rg BT 173.91 742.25 Td ( RESOURCES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (Management's ) Tj ET Q q 0 0 0 rg BT 114.72 722.25 Td (Assessment of Liquidity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 702.25 Td (Our financial condition and liquidity remain strong. Our solid balance sheet and credit ratings enable us to have ready access to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 690.25 Td (credit and the capital markets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 670.25 Td (e assess our liquidity in terms of our ability to generate adequate cash to fund our operating, investing and financing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (activities. ) Tj ET Q q 0 0 0 rg BT 90.92 658.25 Td (W) Tj ET Q q 0 0 0 rg BT 99.56 658.25 Td (e generate significant ongoing cash flow) Tj ET Q q 0 0 0 rg BT 260.80 658.25 Td (, which has been used, in part, to fund repurchases of common stock, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (capital expenditures, dividends on our common stock and acquisitions. Cash provided by operations is our principal source of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (liquidity) Tj ET Q q 0 0 0 rg BT 83.24 634.25 Td (. ) Tj ET Q q 0 0 0 rg BT 87.69 634.25 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.13 634.25 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.72 634.25 Td (, other sources of liquidity included:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 614.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 614.25 Td (cash and cash equivalents of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.35 614.25 Td ($2.3 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.46 614.25 Td (, of which approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.49 614.25 Td (41 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.41 614.25 Td ( was located in the U.S. and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.55 614.25 Td (59 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.48 614.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 602.25 Td (was located outside the U.S., primarily in the U.K., China, Singapore and Belgium,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 584.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 584.25 Td (revolving credit facility with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.19 584.25 Td ($1.73 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.30 584.25 Td ( available, net of letters of credit,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 566.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 566.25 Td (international and other domestic short-term credit facilities with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.25 566.25 Td ($261 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.64 566.25 Td ( available and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 548.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 548.25 Td (marketable securities of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.01 548.25 Td ($93 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.40 548.25 Td (, of which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.17 548.25 Td (65 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.10 548.25 Td ( is located in India, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.96 548.25 Td (29 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.89 548.25 Td ( is located in the U.S., and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 548.25 Td (6 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 536.25 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.42 536.25 Td ( is located in Brazil and the majority of which could be liquidated into cash within a few days.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 512.25 Td (Our revolving credit agreement provides us with a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.83 512.25 Td ($1.75 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.94 512.25 Td ( unsecured revolving credit facility) Tj ET Q q 0 0 0 rg BT 444.24 512.25 Td (, the proceeds of which are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 500.25 Td (to be used for our general corporate purposes. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.77 500.25 Td (In the fourth quarter of 2014, we exercised our option to extend the maturity date ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 488.25 Td (of our revolving credit agreement by one year from November 9, 2017, to November 9, 2018.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.17 488.25 Td ( See Note) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.54 488.25 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.54 488.25 Td (, ") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.63 488.25 Td (DEBT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.99 488.25 Td (," to our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 476.25 Td (Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.54 476.25 Td ( for further information. ) Tj ET Q q 0 0 0 rg BT 288.94 476.25 Td (The credit agreement includes one financial covenant: a leverage ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 464.25 Td (ratio. ) Tj ET Q q 0 0 0 rg BT 73.14 464.25 Td (The required leverage ratio, which measures the sum of total debt plus securitization financing to consolidated earnings ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 452.25 Td (before interest, taxes, depreciation and amortization \(EBITDA\) for the four fiscal quarters may not exceed 3.25 to 1.0. ) Tj ET Q q 0 0 0 rg BT 525.11 452.25 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 440.25 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 440.25 Td (, our leverage ratio was 0.6 to 1.0.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 420.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 420.25 Td (e have a current shelf registration filed with the Securities and Exchange Commission under which we may of) Tj ET Q q 0 0 0 rg BT 498.60 420.25 Td (fer) Tj ET Q q 0 0 0 rg BT 509.30 420.25 Td (, from time ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 408.25 Td (to time, debt securities, common stock, preferred and preference stock, depositary shares, warrants, stock purchase contracts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 396.25 Td (and stock purchase units. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 376.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 376.25 Td (e believe our liquidity provides us with the financial flexibility needed to fund working capital, common stock repurchases, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 364.25 Td (capital expenditures, dividend payments, acquisitions of our North ) Tj ET Q q 0 0 0 rg BT 318.28 364.25 Td (American distributors, projected pension obligations and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 352.25 Td (debt service obligations. ) Tj ET Q q 0 0 0 rg BT 149.79 352.25 Td (W) Tj ET Q q 0 0 0 rg BT 158.43 352.25 Td (e continue to generate cash from operations in the U.S. and maintain access to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.33 352.25 Td ($1.7 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.44 352.25 Td ( of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 340.25 Td (revolver as noted above. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 320.25 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 320.25 Td ( significant portion of our cash flow is generated outside the U.S. ) Tj ET Q q 0 0 0 rg BT 319.39 320.25 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.84 320.25 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.42 320.25 Td (, the total of cash, cash equivalents ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 308.25 Td (and marketable securities held by foreign subsidiaries was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.48 308.25 Td ($1.4 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.60 308.25 Td (, the vast majority of which was located in the U.K., ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 296.25 Td (China, Singapore, Belgium and India. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.68 296.25 Td (The geographic location of our cash and marketable securities aligns well with our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 284.25 Td (business growth strategy) Tj ET Q q 0 0 0 rg BT 148.23 284.25 Td (.) Tj ET Q q 0 0 0 rg BT 153.05 284.25 Td (W) Tj ET Q q 0 0 0 rg BT 161.68 284.25 Td (e manage our worldwide cash requirements considering available funds among the many ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 272.25 Td (subsidiaries through which we conduct our business and the cost ef) Tj ET Q q 0 0 0 rg BT 318.65 272.25 Td (fectiveness with which those funds can be accessed.) Tj ET Q q 0 0 0 rg BT 528.86 272.25 Td (As a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 260.25 Td (result, we do not anticipate any local liquidity restrictions to preclude us from funding our tar) Tj ET Q q 0 0 0 rg BT 423.06 260.25 Td (geted expansion or operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 248.25 Td (needs with local resources.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.74 248.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 228.25 Td (If we distribute our foreign cash balances to the U.S. or to other foreign subsidiaries, we could be required to accrue and pay ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 216.25 Td (U.S. taxes.For example, we would be required to accrue and pay additional U.S. taxes if we repatriated cash from certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 204.25 Td (foreign subsidiaries whose earnings we have asserted are permanently reinvested outside of the U.S.Foreign earnings for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 192.25 Td (which we assert permanent reinvestment outside the U.S. consist primarily of earnings of our China and U.K. domiciled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 180.25 Td (subsidiaries.) Tj ET Q q 0 0 0 rg BT 101.67 180.25 Td (At present, we do not foresee a need to repatriate any earnings from these subsidiaries for which we have asserted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 168.25 Td (permanent reinvestment.However) Tj ET Q q 0 0 0 rg BT 187.60 168.25 Td (, to help fund cash needs of the U.S. or other international subsidiaries as they arise, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 156.25 Td (repatriate available cash from certain foreign subsidiaries whose earnings are not permanently reinvested when it is cost ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 144.25 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 144.25 Td (fective to do so.Earnings generated after 201) Tj ET Q q 0 0 0 rg BT 238.81 144.25 Td (1 from our China operations are considered permanently reinvested, while ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 132.25 Td (earnings generated prior to 2012, for which U.S. deferred tax liabilities have been recorded, are expected to be repatriated in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 120.25 Td (future years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.48 120.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 100.25 Td (The maturity schedule of our existing long-term debt does not require significant cash outflows in the intermediate term.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.09 100.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 88.25 Td (Required annual principal payments range from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.82 88.25 Td ($1) Tj ET Q q 0 0 0 rg BT 253.45 88.25 Td (1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.84 88.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.62 88.25 Td ($28 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.01 88.25 Td ( over each of the next five years.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 103 0 obj <>] /Rotate 0 /Contents 104 0 R>> endobj 104 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (51) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (W) Tj ET Q q 0 0 0 rg BT 59.45 742.25 Td (orking Capital Summary) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 722.25 Td (e fund our working capital with cash from operations and short-term borrowings when necessary) Tj ET Q q 0 0 0 rg BT 445.38 722.25 Td (.) Tj ET Q q 0 0 0 rg BT 450.20 722.25 Td (V) Tj ET Q q 0 0 0 rg BT 456.31 722.25 Td (arious assets and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (liabilities, including short-term debt, can fluctuate significantly from month to month depending on short-term liquidity needs. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (As a result, working capital is a prime focus of management attention.) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 652.75 285.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 652.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 652.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 652.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 652.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 652.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 652.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 652.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 652.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 624.75 285.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 624.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 624.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 624.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 624.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 624.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 624.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 624.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 624.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 596.75 285.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 596.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 596.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 596.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 596.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 596.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 596.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 596.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 596.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 568.75 285.00 -10.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 568.75 4.00 -10.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 568.75 49.00 -10.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 568.75 4.00 -10.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 568.75 49.00 -10.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 568.75 4.00 -10.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 568.75 49.00 -10.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 568.75 4.00 -10.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 568.75 47.00 -10.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 544.75 285.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 544.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 544.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 544.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 544.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 544.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 544.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 544.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 544.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 516.75 285.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 516.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 516.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 516.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 516.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 516.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 516.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 516.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 516.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 488.75 285.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 488.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 488.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 488.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 488.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 488.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 488.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 488.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 488.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 464.75 285.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 464.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 464.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 464.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 464.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 464.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 464.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 464.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 464.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 440.75 285.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 440.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 440.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 440.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 440.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 440.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 440.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 440.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 440.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 412.75 285.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 335.50 412.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 412.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 412.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 412.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 412.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 412.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 412.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 412.75 47.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 665.75 m 494.5 665.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 665.75 m 498.5 665.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 665.75 m 545.5 665.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 652.75 m 388.5 652.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 652.75 m 441.5 652.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 652.75 m 494.5 652.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 652.75 m 545.5 652.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 652.75 m 388.5 652.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 652.75 m 441.5 652.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 582.75 m 388.5 582.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 582.75 m 441.5 582.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 582.75 m 388.5 582.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 582.75 m 441.5 582.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 582.75 m 494.5 582.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 488.75 m 388.5 488.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 488.75 m 441.5 488.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 445.5 488.75 m 494.5 488.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 449.75 m 388.5 449.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 451.75 m 388.5 451.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 449.75 m 441.5 449.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 451.75 m 441.5 451.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 670.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.00 670.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.00 670.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.30 669.98 Td (Change 2014 vs. 2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 656.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 355.50 656.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.50 656.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 455.45 656.98 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 508.45 656.98 Td (Percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 643.32 Td (Cash and cash equivalents) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.00 643.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.15 643.43 Td (2,301) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.00 643.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.15 643.32 Td (2,699) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.00 643.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.30 643.37 Td (\(398) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.65 643.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.95 643.32 Td (\(15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 643.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 629.32 Td (Marketable securities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.65 629.43 Td (93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 629.32 Td (150) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.30 629.37 Td (\(57) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.65 629.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.95 629.32 Td (\(38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 629.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 615.32 Td (Accounts and notes receivable, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.15 615.43 Td (2,946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.15 615.32 Td (2,649) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.65 615.32 Td (297) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.30 615.32 Td (11) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 615.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 601.32 Td (Inventories) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.15 601.43 Td (2,866) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.15 601.32 Td (2,381) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.65 601.32 Td (485) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.30 601.32 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 601.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 587.32 Td (Prepaid expenses and other current assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 369.65 587.43 Td (849) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 587.32 Td (760) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 587.32 Td (89) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.30 587.32 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 587.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 573.32 Td (Current assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.15 573.43 Td (9,055) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.15 573.32 Td (8,639) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.65 573.32 Td (416) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.30 573.32 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 573.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 549.32 Td (Current maturity of long-term debt, accounts and loans payable) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.15 549.43 Td (1,990) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.15 549.32 Td (1,625) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.65 549.32 Td (365) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.30 549.32 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 549.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 535.32 Td (Current portion of accrued product warranty) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 369.65 535.43 Td (363) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 535.32 Td (360) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.65 535.32 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.30 535.32 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 535.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 521.32 Td (Accrued compensation, benefits and retirement costs) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 369.65 521.43 Td (508) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 521.32 Td (433) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 521.32 Td (75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.30 521.32 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 521.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 507.32 Td (Taxes payable \(including taxes on income\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.65 507.43 Td (70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.65 507.32 Td (99) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.30 507.37 Td (\(29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.65 507.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.95 507.32 Td (\(29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 507.32 Td (\)%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 493.32 Td (Other accrued expenses) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.15 493.43 Td (1,090) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 493.32 Td (851) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.65 493.32 Td (239) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.30 493.32 Td (28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 493.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 479.32 Td (Current liabilities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.15 479.43 Td (4,021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.15 479.32 Td (3,368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.65 479.32 Td (653) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.30 479.32 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 479.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 455.32 Td (Working capital) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.00 455.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.15 455.43 Td (5,034) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.00 455.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.15 455.32 Td (5,271) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.00 455.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.00 455.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 431.32 Td (Current ratio) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 367.15 431.43 Td (2.25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.15 431.32 Td (2.57) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.00 431.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.00 431.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 417.32 Td (Days sales in receivables) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.65 417.43 Td (53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.65 417.32 Td (54) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.00 417.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.00 417.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 403.32 Td (Inventory turnover) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.15 403.43 Td (5.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.15 403.32 Td (5.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.00 403.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.00 403.32 Td () Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 379.25 Td (Current assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.88 379.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.63 379.25 Td (d ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.13 379.25 Td (5 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.05 379.25 Td ( compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.76 379.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.76 379.25 Td (, primarily due to increases in inventories and accounts and notes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 367.25 Td (receivable principally due to the acquisitions of North ) Tj ET Q q 0 0 0 rg BT 267.71 367.25 Td (American distributors in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.97 367.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.97 367.25 Td (. ) Tj ET Q q 0 0 0 rg BT 392.79 367.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.84 367.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.59 367.25 Td (s were partially of) Tj ET Q q 0 0 0 rg BT 515.88 367.25 Td (fset by a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 355.25 Td (decrease in cash and marketable securities, primarily due to lower proceeds from borrowings and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.25 355.25 Td ($670 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.64 355.25 Td ( of share ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 343.25 Td (repurchases in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.98 343.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.98 343.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 323.25 Td (Current liabilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.76 323.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.52 323.25 Td (d ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.02 323.25 Td (19 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.94 323.25 Td ( compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.64 323.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.64 323.25 Td (, primarily due to an increase in trade accounts payable and an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 311.25 Td (increase in other accrued expenses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 291.25 Td (Inventory turnover ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.75 291.25 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.17 291.25 Td (d ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.67 291.25 Td (0.1 turns) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.67 291.25 Td ( compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.37 291.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.37 291.25 Td (. ) Tj ET Q q 0 0 0 rg BT 284.19 291.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.24 291.25 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.65 291.25 Td ( was primarily due to higher inventory balances related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 279.25 Td (to the consolidation of six North ) Tj ET Q q 0 0 0 rg BT 181.66 279.25 Td (American distributors in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.91 279.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.91 279.25 Td (, which added $379 million of inventory at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.49 279.25 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.08 279.25 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 259.25 Td (Cash Flows) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 239.25 Td (Cash and cash equivalents ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.75 239.25 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.16 239.25 Td (d ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.66 239.25 Td ($398 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.05 239.25 Td ( during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.16 239.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.16 239.25 Td (, compared to an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.30 239.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.06 239.25 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.39 239.25 Td ($1,330 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.28 239.25 Td ( during the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 227.25 Td (comparable period in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.47 227.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.47 227.25 Td (. ) Tj ET Q q 0 0 0 rg BT 162.29 227.25 Td (The changes impacting cash and cash equivalents were as follows:) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 105 0 obj <>] /Rotate 0 /Contents 106 0 R>> endobj 106 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (52) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Operating ) Tj ET Q q 0 0 0 rg BT 95.83 742.25 Td (Activities) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 704.75 280.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 704.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 704.75 35.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 704.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 704.75 37.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 704.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 704.75 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 704.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 704.75 52.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 704.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 704.75 52.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 676.75 280.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 676.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 676.75 35.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 676.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 676.75 37.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 676.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 676.75 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 676.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 676.75 52.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 676.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 676.75 52.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 648.75 280.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 648.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 648.75 35.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 648.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 648.75 37.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 648.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 648.75 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 648.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 648.75 52.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 648.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 648.75 52.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 620.75 280.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 620.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 620.75 35.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 620.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 620.75 37.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 620.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 620.75 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 620.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 620.75 52.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 620.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 620.75 52.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 592.75 280.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 592.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 592.75 35.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 592.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 592.75 37.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 592.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 592.75 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 592.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 592.75 52.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 592.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 592.75 52.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 564.75 280.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 564.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 564.75 35.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 564.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 564.75 37.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 564.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 564.75 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 564.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 564.75 52.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 564.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 564.75 52.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 536.75 280.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 536.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 536.75 35.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 536.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 536.75 37.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 536.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 536.75 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 536.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 536.75 52.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 536.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 536.75 52.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 508.75 280.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 508.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 508.75 35.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 508.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 508.75 37.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 508.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 508.75 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 508.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 508.75 52.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 508.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 508.75 52.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 480.75 280.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 480.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 480.75 35.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 480.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 480.75 37.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 410.50 480.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 480.75 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 480.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 480.75 52.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 480.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 480.75 52.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 717.75 m 369.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 717.75 m 373.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 717.75 m 410.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 410.5 717.75 m 414.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 717.75 m 450.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 717.75 m 506.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 717.75 m 562.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 717.75 m 369.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 704.75 m 369.5 704.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 704.75 m 410.5 704.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 704.75 m 450.5 704.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 704.75 m 506.5 704.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 704.75 m 562.5 704.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 704.75 m 369.5 704.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 704.75 m 410.5 704.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 704.75 m 450.5 704.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 466.75 m 369.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 453.75 m 369.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 451.75 m 369.5 451.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 466.75 m 410.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 453.75 m 410.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 451.75 m 410.5 451.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 466.75 m 450.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 453.75 m 450.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 451.75 m 450.5 451.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 466.75 m 506.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 453.75 m 506.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 451.75 m 506.5 451.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 466.75 m 562.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 453.75 m 562.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 451.75 m 562.5 451.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 722.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.95 721.98 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 494.85 721.98 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 708.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 343.50 708.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 383.50 708.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 424.00 708.98 Td (2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 457.40 708.98 Td (2014 vs. 2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.40 708.98 Td (2013 vs. 2012) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 695.21 Td (Consolidated net income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 337.00 695.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 345.75 695.20 Td (1,736) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 376.00 695.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 386.75 695.21 Td (1,588) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 417.00 695.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 426.75 695.21 Td (1,738) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 457.00 695.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 489.50 695.21 Td (148) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 513.00 695.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 542.50 695.21 Td (\(150) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 695.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 681.21 Td (Depreciation and amortization) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.50 681.20 Td (455) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 393.50 681.21 Td (407) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 433.50 681.21 Td (361) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 494.00 681.21 Td (48) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.00 681.21 Td (46) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 667.21 Td (Gain on fair value adjustment for consolidated investees) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 354.00 667.20 Td (\(73) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 366.00 667.20 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.00 667.21 Td (\(12) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.00 667.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.50 667.21 Td (\(7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 447.00 667.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 667.21 Td (\(61) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 667.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 551.50 667.21 Td (\(5) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 667.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 653.21 Td (Deferred income taxes) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.00 653.20 Td (31) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 393.50 653.21 Td (100) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 433.50 653.21 Td (116) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 653.21 Td (\(69) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 653.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.00 653.21 Td (\(16) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 653.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 639.21 Td (Equity in income of investees, net of dividends) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 349.50 639.20 Td (\(100) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 366.00 639.20 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.00 639.21 Td (\(62) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.00 639.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 435.00 639.21 Td (\(15) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 447.00 639.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 639.21 Td (\(38) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 639.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.00 639.21 Td (\(47) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 639.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 625.21 Td (Pension contributions in excess of expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 349.50 625.20 Td (\(148) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 366.00 625.20 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.00 625.21 Td (\(82) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.00 625.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 435.00 625.21 Td (\(68) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 447.00 625.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 625.21 Td (\(66) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 625.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.00 625.21 Td (\(14) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 625.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 611.21 Td (Other post-retirement benefits payments in excess of expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 354.00 611.20 Td (\(27) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 366.00 611.20 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.00 611.21 Td (\(25) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.00 611.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 435.00 611.21 Td (\(21) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 447.00 611.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 495.50 611.21 Td (\(2) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 611.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 551.50 611.21 Td (\(4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 611.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 597.21 Td (Stock-based compensation expense) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.00 597.20 Td (36) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 398.00 597.21 Td (37) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 438.00 597.21 Td (36) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 495.50 597.21 Td (\(1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 597.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 554.50 597.21 Td (1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 583.21 Td (Translation and hedging activities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 354.00 583.20 Td (\(13) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 366.00 583.20 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 398.00 583.21 Td (17) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 438.00 583.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 491.00 583.21 Td (\(30) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 583.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.00 583.21 Td (17) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 569.21 Td (Changes in current assets and liabilities, net of acquisitions) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 337.00 569.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 376.00 569.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 417.00 569.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.00 555.21 Td (Accounts and notes receivable) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 354.00 555.20 Td (\(89) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 366.00 555.20 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 390.50 555.21 Td (\(148) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.00 555.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 438.00 555.21 Td (87) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 494.00 555.21 Td (59) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 542.50 555.21 Td (\(235) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 555.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.00 541.21 Td (Inventories) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 349.50 541.20 Td (\(256) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 366.00 541.20 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.00 541.21 Td (\(46) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.00 541.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 435.00 541.21 Td (\(32) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 447.00 541.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 486.50 541.21 Td (\(210) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 541.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 547.00 541.21 Td (\(14) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 541.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.00 527.21 Td (Other current assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 361.50 527.20 Td (1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 393.50 527.21 Td (212) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 435.00 527.21 Td (\(60) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 447.00 527.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 486.50 527.21 Td (\(211) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 527.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.50 527.21 Td (272) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.00 513.21 Td (Accounts payable) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.50 513.20 Td (244) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 393.50 513.21 Td (163) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.50 513.21 Td (\(256) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 447.00 513.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 494.00 513.21 Td (81) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.50 513.21 Td (419) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 65.00 499.21 Td (Accrued expenses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.50 499.20 Td (168) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 390.50 499.21 Td (\(246) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.00 499.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.50 499.21 Td (\(514) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 447.00 499.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 489.50 499.21 Td (414) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.50 499.21 Td (268) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 485.21 Td (Changes in other liabilities and deferred revenue) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 352.50 485.20 Td (282) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 393.50 485.21 Td (211) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 433.50 485.21 Td (214) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 494.00 485.21 Td (71) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 551.50 485.21 Td (\(3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.00 485.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 471.21 Td (Other, net) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.00 471.20 Td (19) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.00 471.21 Td (\(25) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 407.00 471.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 435.00 471.21 Td (\(47) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 447.00 471.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 494.00 471.21 Td (44) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.00 471.21 Td (22) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 77.00 457.21 Td (Net cash provided by operating activites) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 337.00 457.20 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 345.75 457.20 Td (2,266) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 376.00 457.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 386.75 457.21 Td (2,089) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 417.00 457.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 426.75 457.21 Td (1,532) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 457.00 457.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 489.50 457.21 Td (177) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 513.00 457.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.50 457.21 Td (557) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 433.25 Td (2014) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 70.00 433.25 Td ( vs. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 85.83 433.25 Td (2013) Tj ET Q BT /F4 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 413.25 Td (Net cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.21 413.25 Td (provided by) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.25 413.25 Td ( operating activities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.62 413.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.37 413.25 Td (d versus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.92 413.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.92 413.25 Td ( primarily due to higher consolidated net income and favorable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 401.25 Td (working capital fluctuations, partially of) Tj ET Q q 0 0 0 rg BT 211.16 401.25 Td (fset by unfavorable deferred income taxes and higher pension contributions in excess ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 389.25 Td (of expense. During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.87 389.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.87 389.25 Td (, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.58 389.25 Td (lower) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.35 389.25 Td ( working capital resulted in a cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.47 389.25 Td (inflow) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.58 389.25 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.91 389.25 Td ($68 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.30 389.25 Td ( compared to a cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.21 389.25 Td (outflow) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.32 389.25 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 389.25 Td ($65 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 377.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 377.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.67 377.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.67 377.25 Td (. ) Tj ET Q q 0 0 0 rg BT 116.49 377.25 Td (This change of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.41 377.25 Td ($133 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.80 377.25 Td ( was primarily driven by an increase in accrued expenses and accounts payable, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 365.25 Td (partially of) Tj ET Q q 0 0 0 rg BT 93.97 365.25 Td (fset by an increase in other current assets and inventories in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.72 365.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.72 365.25 Td (, versus the comparable period in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.96 365.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.96 365.25 Td (. ) Tj ET Q q 0 0 0 rg BT 514.78 365.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 353.25 Td (increase in accrued expenses was primarily due to higher income taxes payable, while the change in other current assets was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 341.25 Td (lar) Tj ET Q q 0 0 0 rg BT 60.37 341.25 Td (gely due to the receipt of an income tax refund in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.01 341.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.01 341.25 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 321.25 Td (Pensions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 301.25 Td (The funded status of our pension plans is dependent upon a variety of variables and assumptions including return on invested ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 289.25 Td (assets, market interest rates and levels of voluntary contributions to the plans.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.20 289.25 Td ( In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.53 289.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.53 289.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.53 289.25 Td (the investment return on our U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 277.25 Td (pension trust was 13.3 percent while our U.K. pension trust return was 16.8 percent.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.59 277.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.54 277.25 Td (Approximately 78 percent of our pension ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 265.25 Td (plan assets are held in highly liquid investments such as fixed income and equity securities.) Tj ET Q q 0 0 0 rg BT 418.07 265.25 Td (The remaining 22 percent of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 253.25 Td (plan assets are held in less liquid, but market valued investments, including real estate, private equity and insurance contracts.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.18 253.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 241.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 241.25 Td (e made ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.73 241.25 Td ($205 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.12 241.25 Td ( of pension contributions in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.61 241.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.61 241.25 Td (, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.89 241.25 Td ($1) Tj ET Q q 0 0 0 rg BT 328.52 241.25 Td (1) Tj ET Q q 0 0 0 rg BT 333.14 241.25 Td (1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.54 241.25 Td ( of voluntary contributions. Claims and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 229.25 Td (premiums for other postretirement benefits approximated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.60 229.25 Td ($45 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.99 229.25 Td (, net of reimbursements, in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.69 229.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.69 229.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.50 229.25 Td (These contributions and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 217.25 Td (payments include transfers from our funds either to increase pension plan assets or to make direct payments to plan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 205.25 Td (participants.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.15 205.25 Td ( ) Tj ET Q q 0 0 0 rg BT 101.47 205.25 Td (W) Tj ET Q q 0 0 0 rg BT 110.11 205.25 Td (e anticipate making total contributions of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.29 205.25 Td ($175 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.68 205.25 Td ( to our defined benefit pension plans in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.53 205.25 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.53 205.25 Td (. Expected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 193.25 Td (contributions to our defined benefit pension plans in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.63 193.25 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.63 193.25 Td ( will meet or exceed the current funding requirements.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 173.25 Td (2013) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 70.00 173.25 Td ( vs. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 85.83 173.25 Td (2012) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 105.83 173.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 153.25 Td (Net cash provided by operating activities increased versus 2012 primarily due to favorable working capital fluctuations, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 141.25 Td (partially of) Tj ET Q q 0 0 0 rg BT 93.97 141.25 Td (fset by lower consolidated net income and lower dividends received from equity investees. During 2013, the net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 129.25 Td (increase in working capital resulted in a cash outflow of $65 million compared to a cash outflow of $775 million in 2012. ) Tj ET Q q 0 0 0 rg BT 538.32 129.25 Td (This ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 117.25 Td (change of $710 million was primarily driven by an increase in accounts payable due to timing dif) Tj ET Q q 0 0 0 rg BT 439.16 117.25 Td (ferences, lower net tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 105.25 Td (payments of $31) Tj ET Q q 0 0 0 rg BT 116.28 105.25 Td (1 million due to the receipt of income tax refunds in 2013, which were partially of) Tj ET Q q 0 0 0 rg BT 444.90 105.25 Td (fset by tax payments, and a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 93.25 Td (smaller decrease in accrued expenses, partially of) Tj ET Q q 0 0 0 rg BT 247.78 93.25 Td (fset by an increase in accounts and notes receivable in 2013 as a result of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 81.25 Td (higher sales in the fourth quarter of 2013 versus 2012.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 107 0 obj <>] /Rotate 0 /Contents 108 0 R>> endobj 108 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (53) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Investing ) Tj ET Q q 0 0 0 rg BT 91.40 742.25 Td (Activities) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 704.75 242.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 704.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 704.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 704.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 704.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 704.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 704.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 704.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 704.75 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 704.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 704.75 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 676.75 242.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 676.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 676.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 676.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 676.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 676.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 676.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 676.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 676.75 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 676.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 676.75 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 648.75 242.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 648.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 648.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 648.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 648.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 648.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 648.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 648.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 648.75 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 648.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 648.75 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 620.75 242.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 620.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 620.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 620.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 620.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 620.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 620.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 620.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 620.75 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 620.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 620.75 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 592.75 242.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 592.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 592.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 592.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 592.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 592.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 592.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 592.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 592.75 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.50 592.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 592.75 59.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 717.75 m 340.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 717.75 m 344.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 717.75 m 388.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 717.75 m 392.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 717.75 m 436.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 717.75 m 499.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499.5 717.75 m 503.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 717.75 m 562.5 717.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 704.75 m 340.5 704.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 704.75 m 388.5 704.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 704.75 m 436.5 704.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 704.75 m 499.5 704.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 704.75 m 562.5 704.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 578.75 m 340.5 578.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 565.75 m 340.5 565.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 563.75 m 340.5 563.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 578.75 m 388.5 578.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 565.75 m 388.5 565.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 563.75 m 388.5 563.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 578.75 m 436.5 578.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 565.75 m 436.5 565.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 563.75 m 436.5 563.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 578.75 m 499.5 578.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 565.75 m 499.5 565.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 563.75 m 499.5 563.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 578.75 m 562.5 578.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 565.75 m 562.5 565.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 563.75 m 562.5 563.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 722.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 320.95 721.98 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 487.85 721.98 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 708.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 310.00 708.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 358.00 708.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 406.00 708.98 Td (2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 446.90 708.98 Td (2014 vs. 2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 509.90 708.98 Td (2013 vs. 2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 695.32 Td (Capital expenditures) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.00 695.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.30 695.48 Td (\(743) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 336.65 695.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 695.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.30 695.37 Td (\(676) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.65 695.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.00 695.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.30 695.37 Td (\(690) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.65 695.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.00 695.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.30 695.37 Td (\(67) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.65 695.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.00 695.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 695.32 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 681.32 Td (Investments in internal use software) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.30 681.48 Td (\(55) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 336.65 681.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.30 681.37 Td (\(64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.65 681.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.30 681.37 Td (\(87) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.65 681.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.65 681.32 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 681.32 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 667.32 Td (Investments in and advances to equity investees) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.30 667.48 Td (\(60) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 336.65 667.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.30 667.37 Td (\(42) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.65 667.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.30 667.37 Td (\(70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.65 667.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.30 667.37 Td (\(18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.65 667.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 667.32 Td (28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 653.32 Td (Acquisitions of businesses, net of cash acquired) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.30 653.48 Td (\(436) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 336.65 653.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.30 653.37 Td (\(147) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.65 653.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.30 653.37 Td (\(215) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.65 653.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.30 653.37 Td (\(289) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.65 653.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 653.32 Td (68) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 639.32 Td (Investments in marketable securitiesacquisitions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.30 639.48 Td (\(275) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 336.65 639.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.30 639.37 Td (\(418) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.65 639.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.30 639.37 Td (\(561) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.65 639.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 639.32 Td (143) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 639.32 Td (143) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 625.32 Td (Investments in marketable securitiesliquidations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 321.65 625.43 Td (336) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.65 625.32 Td (525) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 625.32 Td (585) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.30 625.37 Td (\(189) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.65 625.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 625.37 Td (\(60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 625.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 611.32 Td (Purchases of other investments) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 326.65 611.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.30 611.37 Td (\(40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.65 611.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 611.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.65 611.32 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 611.37 Td (\(40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 611.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 597.32 Td (Cash flows from derivatives not designated as hedges) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.30 597.48 Td (\(14) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 336.65 597.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.65 597.32 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 597.32 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.30 597.37 Td (\(15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.65 597.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 597.37 Td (\(11) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 597.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 583.32 Td (Other, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 326.65 583.43 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.65 583.32 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 583.32 Td (44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.30 583.37 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.65 583.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 583.37 Td (\(29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 583.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 569.32 Td (Net cash used in investing activities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.00 569.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.80 569.48 Td (\(1,234) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 336.65 569.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 569.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.30 569.37 Td (\(846) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.65 569.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.00 569.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.30 569.37 Td (\(982) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.65 569.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.00 569.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.30 569.37 Td (\(388) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.65 569.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.00 569.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 569.32 Td (136) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 545.25 Td (2014) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 70.00 545.25 Td ( vs. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 85.83 545.25 Td (2013) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 105.83 545.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 525.25 Td (Net cash used in investing activities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.08 525.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.83 525.25 Td (d versus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.38 525.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.38 525.25 Td ( primarily due to higher cash investment for the acquisition of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 513.25 Td (businesses in 2014 and higher capital expenditures, partially of) Tj ET Q q 0 0 0 rg BT 301.70 513.25 Td (fset by reduced purchases of corporate owned life insurance.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 493.25 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.83 493.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.83 493.25 Td (, we spent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.60 493.25 Td ($436 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.99 493.25 Td (, net of cash acquired, on acquisitions of businesses in the Distribution segment. ) Tj ET Q q 0 0 0 rg BT 497.53 493.25 Td (W) Tj ET Q q 0 0 0 rg BT 506.17 493.25 Td (e plan to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 481.25 Td (spend an additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.26 481.25 Td ($170 million to $210 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.82 481.25 Td ( on North ) Tj ET Q q 0 0 0 rg BT 286.10 481.25 Td (American distributor acquisitions and related debt retirements in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 469.25 Td (2015.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 449.25 Td (Capital expenditures were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.90 449.25 Td ($743 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.30 449.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.07 449.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.07 449.25 Td ( compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.78 449.25 Td ($676 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.17 449.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.95 449.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.95 449.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.95 449.25 Td (Despite the challenging international ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 437.25 Td (economies, we continue to invest in new product lines and tar) Tj ET Q q 0 0 0 rg BT 296.70 437.25 Td (geted capacity expansions. ) Tj ET Q q 0 0 0 rg BT 405.92 437.25 Td (W) Tj ET Q q 0 0 0 rg BT 414.56 437.25 Td (e plan to spend between $750 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 425.25 Td (million and $850 million in 2015 as we continue with product launches, facility improvements and prepare for future emission ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 413.25 Td (standards. ) Tj ET Q q 0 0 0 rg BT 92.22 413.25 Td (Approximately 50 percent of our capital expenditures are expected to be invested outside of the U.S. in 2015.) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 393.25 Td (2013) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 70.00 393.25 Td ( vs. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 85.83 393.25 Td (2012) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 105.83 393.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 373.25 Td (Net cash used in investing activities decreased versus 2012 primarily due to lower net investments in marketable securities, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 361.25 Td (lower cash investments in acquisitions of businesses and lower investments in and advances to equity investees, partially of) Tj ET Q q 0 0 0 rg BT 544.16 361.25 Td (fset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 349.25 Td (by purchases of corporate owned life insurance.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 329.25 Td (Financing ) Tj ET Q q 0 0 0 rg BT 94.74 329.25 Td (Activities) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 291.75 252.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 291.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 291.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 291.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 291.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 291.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 291.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 291.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 291.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 291.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 291.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 261.75 252.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 261.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 261.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 261.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 261.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 261.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 261.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 261.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 261.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 261.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 261.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 231.75 252.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 231.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 231.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 231.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 231.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 231.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 231.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 231.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 231.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 231.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 231.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 201.75 252.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 201.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 201.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 201.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 201.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 201.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 201.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 201.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 201.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 201.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 201.75 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 304.75 m 346.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 304.75 m 350.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 304.75 m 390.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390.5 304.75 m 394.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 304.75 m 434.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 304.75 m 498.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 304.75 m 502.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 304.75 m 562.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 291.75 m 346.5 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 291.75 m 390.5 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 291.75 m 434.5 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 291.75 m 498.5 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 291.75 m 562.5 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 201.75 m 346.5 201.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 187.75 m 346.5 187.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 185.75 m 346.5 185.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 201.75 m 390.5 201.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 187.75 m 390.5 187.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 185.75 m 390.5 185.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 201.75 m 434.5 201.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 187.75 m 434.5 187.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 185.75 m 434.5 185.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 201.75 m 498.5 201.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 187.75 m 498.5 187.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 185.75 m 498.5 185.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 201.75 m 562.5 201.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 187.75 m 562.5 187.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 185.75 m 562.5 185.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 309.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 324.95 308.98 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 486.85 308.98 Td (Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 295.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 318.00 295.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.00 295.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 406.00 295.98 Td (2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.40 295.98 Td (2014 vs. 2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 509.40 295.98 Td (2013 vs. 2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 281.42 Td (Proceeds from borrowings) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 309.00 281.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 332.65 281.43 Td (55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.00 281.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.10 281.42 Td (1,004) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.00 281.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 281.42 Td (64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 281.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.30 281.47 Td (\(949) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 281.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 281.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 281.42 Td (940) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 266.42 Td (Payments on borrowings and capital lease obligations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 329.30 266.48 Td (\(94) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.65 266.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.30 266.47 Td (\(90) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 266.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.30 266.47 Td (\(145) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 266.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.30 266.47 Td (\(4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 266.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 266.42 Td (55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 251.42 Td (Distributions to noncontrolling interests) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 329.30 251.48 Td (\(83) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.65 251.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.30 251.47 Td (\(75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 251.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.30 251.47 Td (\(62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 251.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.30 251.47 Td (\(8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 251.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 251.47 Td (\(13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 251.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 236.42 Td (Dividend payments on common stock) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 324.30 236.48 Td (\(512) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.65 236.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.30 236.47 Td (\(420) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 236.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.30 236.47 Td (\(340) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 236.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.30 236.47 Td (\(92) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 236.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 236.47 Td (\(80) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 236.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 221.42 Td (Repurchases of common stock) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 324.30 221.48 Td (\(670) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.65 221.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.30 221.47 Td (\(381) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 221.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.30 221.47 Td (\(256) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 221.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.30 221.47 Td (\(289) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 221.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 221.47 Td (\(125) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 221.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 206.42 Td (Other, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 329.30 206.48 Td (\(39) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.65 206.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 206.42 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 206.42 Td (45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.30 206.47 Td (\(53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 206.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 206.47 Td (\(31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 206.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 191.42 Td (Net cash \(used in\) provided by financing activities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 309.00 191.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.80 191.48 Td (\(1,343) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.65 191.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.00 191.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 191.42 Td (52) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.00 191.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.30 191.47 Td (\(694) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 191.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 191.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.80 191.47 Td (\(1,395) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 191.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 191.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 191.42 Td (746) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 167.25 Td (2014) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 70.00 167.25 Td ( vs. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 85.83 167.25 Td (2013) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 105.83 167.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 147.25 Td (Net cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.21 147.25 Td (used in) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.82 147.25 Td ( financing activities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.18 147.25 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.93 147.25 Td (d versus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.48 147.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.48 147.25 Td ( primarily due to lower proceeds from borrowings. In September ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 135.25 Td (2013, we issued $1 billion aggregate principal amount of senior notes consisting of $500 million aggregate principal amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 123.25 Td (3.65% senior unsecured notes due in 2023 and $500 million aggregate principal amount of 4.875% senior unsecured notes due ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 111.25 Td (in 2043. Net proceeds from the issuance were $979 million.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 91.25 Td (Our total debt was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.09 91.25 Td ($1.7 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.21 91.25 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.42 91.25 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.01 91.25 Td (, compared with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.21 91.25 Td ($1.7 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.32 91.25 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.54 91.25 Td (December31, 2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.12 91.25 Td (. ) Tj ET Q q 0 0 0 rg BT 471.94 91.25 Td (T) Tj ET Q q 0 0 0 rg BT 477.35 91.25 Td (otal debt as a percent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 79.25 Td (of our total capital \(total capital defined as debt plus equity\) was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.92 79.25 Td (17.3 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.34 79.25 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.56 79.25 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.14 79.25 Td (, compared with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.34 79.25 Td (18.1 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 67.25 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.42 67.25 Td ( at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.64 67.25 Td (December31, 2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.22 67.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 109 0 obj <>] /Rotate 0 /Contents 110 0 R>> endobj 110 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (54) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (2013) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 70.00 742.25 Td ( vs. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 85.83 742.25 Td (2012) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 105.83 742.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (Net cash provided by financing activities increased versus 2012 primarily due to proceeds from the issuance of senior notes and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (lower payments on borrowings and capital lease obligations, partially of) Tj ET Q q 0 0 0 rg BT 338.63 710.25 Td (fset by higher repurchases of common stock and higher ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (dividend payments.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 678.25 Td (Our total debt was $1.7 billion as of December31, 2013, compared with $775 million as of December31, 2012. ) Tj ET Q q 0 0 0 rg BT 501.11 678.25 Td (T) Tj ET Q q 0 0 0 rg BT 506.52 678.25 Td (otal debt as a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 666.25 Td (percent of our total capital was 18.1 percent at December31, 2013, compared with 10.0 percent at December31, 2012.) Tj ET Q BT /F4 10.00 Tf ET 1 1 1 rg /GS0 gs 50.00 653.02 125.29 -8.93 re f /GS0 gs q 0 0 0 rg BT 50.00 646.25 Td (Repurchase of Common Stock) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 626.25 Td (e repurchased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.38 626.25 Td ($670 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.77 626.25 Td ( of common stock under the 2012 Board of Directors authorized plan during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.20 626.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.20 626.25 Td (. Quarterly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 614.25 Td (purchases were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 72.00 567.75 218.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.00 567.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.00 567.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 567.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.00 567.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 567.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.00 567.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.00 567.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.00 567.75 58.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 72.00 539.75 218.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.00 539.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.00 539.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 539.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.00 539.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 539.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.00 539.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.00 539.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.00 539.75 58.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 72.00 511.75 218.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.00 511.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.00 511.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 511.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.00 511.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 511.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.00 511.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 477.00 511.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.00 511.75 58.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 72 567.75 m 290 567.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294 567.75 m 349 567.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353 567.75 m 413 567.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 567.75 m 477 567.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481 567.75 m 539 567.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294 511.75 m 349 511.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294 498.75 m 349 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294 496.75 m 349 496.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 511.75 m 477 511.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 498.75 m 477 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 496.75 m 477 496.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 74.50 579.98 Td (In millions \(except per) Tj ET Q q 0 0 0 rg BT 151.02 579.98 Td ( shar) Tj ET Q q 0 0 0 rg BT 167.98 579.98 Td (e amounts\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 74.50 571.98 Td (For) Tj ET Q q 0 0 0 rg BT 86.79 571.98 Td ( each quarter) Tj ET Q q 0 0 0 rg BT 132.41 571.98 Td ( ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 309.50 579.98 Td (Shar) Tj ET Q q 0 0 0 rg BT 325.80 579.98 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 303.05 571.98 Td (Pur) Tj ET Q q 0 0 0 rg BT 315.79 571.98 Td (chased) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.80 579.98 Td (A) Tj ET Q q 0 0 0 rg BT 364.98 579.98 Td (verage Cost) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 365.65 571.98 Td (Per) Tj ET Q q 0 0 0 rg BT 377.49 571.98 Td ( Shar) Tj ET Q q 0 0 0 rg BT 395.80 571.98 Td (e) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 424.60 579.98 Td (T) Tj ET Q q 0 0 0 rg BT 429.20 579.98 Td (otal Cost of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 424.75 571.98 Td (Repur) Tj ET Q q 0 0 0 rg BT 446.38 571.98 Td (chases) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.80 587.83 Td (Remaining) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.15 579.83 Td (Authorized) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 490.10 571.83 Td (Capacity ) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 522.76 575.46 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.50 558.32 Td (March 30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.65 558.32 Td (3.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.50 558.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 558.32 Td (139.70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.50 558.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 558.32 Td (419) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.50 558.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.15 558.32 Td (425) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.50 544.32 Td (June 29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.65 544.32 Td (0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 544.32 Td (148.11) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.15 544.32 Td (11) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.15 544.32 Td (415) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.50 530.32 Td (September 28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.65 530.32 Td (1.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 530.32 Td (139.76) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 530.32 Td (175) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.15 530.32 Td (240) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.50 516.32 Td (December 31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.65 516.32 Td (0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 516.32 Td (132.66) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.15 516.32 Td (65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.15 516.32 Td (174) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.50 502.32 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.65 502.32 Td (4.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.50 502.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 502.32 Td (139.12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.50 502.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.15 502.32 Td (670) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.50 502.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.15 502.32 Td (174) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 50.00 491.05 Td ( ___________________________________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 72.50 485.07 Td (\(1\)) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 78.56 485.07 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 81.16 481.45 Td (The remaining authorized capacity is calculated based on the cost to purchase the shares, but excludes commission expenses according to the Board ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 81.50 471.85 Td (of Directors authorization.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 166.14 475.48 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 451.85 Td (In July 2014, our Board of Directors authorized the acquisition of up to $1 billion of additional common stock upon the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 439.85 Td (completion of the 2012 repurchase plan.) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 419.85 Td (Quarterly Dividends) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 399.85 Td (T) Tj ET Q q 0 0 0 rg BT 55.41 399.85 Td (otal dividends paid to common shareholders in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.10 399.85 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.10 399.85 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.10 399.85 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.10 399.85 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.54 399.85 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.54 399.85 Td ( were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.96 399.85 Td ($512 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.36 399.85 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.36 399.85 Td ($420 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.75 399.85 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.19 399.85 Td ($340 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.58 399.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 387.85 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.66 387.85 Td (. Declaration and payment of dividends in the future depends upon our income and liquidity position, among other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 375.85 Td (factors, and is subject to declaration by our Board of Directors, who meet quarterly to consider our dividend payment. ) Tj ET Q q 0 0 0 rg BT 524.13 375.85 Td (W) Tj ET Q q 0 0 0 rg BT 532.76 375.85 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 363.85 Td (expect to fund dividend payments with cash from operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 343.85 Td (In July 2014, the Board of Directors authorized a dividend increase of approximately 25 percent from $0.625 per share to $0.78 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 331.85 Td (per share on a quarterly basis.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.40 331.85 Td ( In July2013, the Board of Directors authorized a 25 percent increase to our quarterly cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 319.85 Td (dividend on our common stock from $0.50 per share to $0.625 per share. In July 2012, the Board of Directors authorized a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 307.85 Td (25percent increase to our quarterly cash dividend on our common stock from $0.40 per share to $0.50 per share. Cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 295.85 Td (dividends per share paid to common shareholders for the last three years were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 169.00 258.35 108.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.00 258.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.00 258.35 51.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 258.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.00 258.35 51.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.00 258.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.00 258.35 51.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 169.00 230.35 108.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.00 230.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.00 230.35 51.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 230.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.00 230.35 51.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.00 230.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.00 230.35 51.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 169.00 202.35 108.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.00 202.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 281.00 202.35 51.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 202.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.00 202.35 51.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.00 202.35 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.00 202.35 51.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281 272.35 m 332 272.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 272.35 m 336 272.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336 272.35 m 387 272.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387 272.35 m 391 272.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391 272.35 m 442 272.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281 258.35 m 332 258.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336 258.35 m 387 258.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391 258.35 m 442 258.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281 202.35000000000002 m 332 202.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281 189.35000000000002 m 332 189.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 281 187.35000000000002 m 332 187.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336 202.35000000000002 m 387 202.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336 189.35000000000002 m 387 189.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336 187.35000000000002 m 387 187.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391 202.35000000000002 m 442 202.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391 189.35000000000002 m 442 189.35000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391 187.35000000000002 m 442 187.35000000000002 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 171.50 276.08 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 325.75 276.58 Td (Quarterly Dividends) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 171.50 263.03 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 298.00 262.58 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 353.00 262.58 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.00 262.58 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.50 248.92 Td (First quarter) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 283.50 249.03 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 305.65 249.03 Td (0.625) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.50 248.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.65 248.92 Td (0.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.50 248.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 248.92 Td (0.40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.50 234.92 Td (Second quarter) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 305.65 235.03 Td (0.625) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.65 234.92 Td (0.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 234.92 Td (0.40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.50 220.92 Td (Third quarter) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.65 221.03 Td (0.78) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.65 220.92 Td (0.625) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 220.92 Td (0.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.50 206.92 Td (Fourth quarter) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.65 207.03 Td (0.78) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.65 206.92 Td (0.625) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 206.92 Td (0.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.50 192.92 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 283.50 193.03 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 310.65 193.03 Td (2.81) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.50 192.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.65 192.92 Td (2.25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.50 192.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 192.92 Td (1.80) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 168.85 Td (Cr) Tj ET Q q 0 0 0 rg BT 61.48 168.85 Td (edit Ratings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 148.85 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 148.85 Td ( number of our contractual obligations and financing agreements, such as our revolving credit facility) Tj ET Q q 0 0 0 rg BT 461.72 148.85 Td (, have restrictive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 136.85 Td (covenants and/or pricing modifications that may be triggered in the event of downward revisions to our corporate credit rating.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.34 136.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 124.85 Td (There were no downgrades of our credit ratings in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.98 124.85 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.98 124.85 Td ( that have impacted these covenants or pricing modifications. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.68 124.85 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 112.85 Td (December 2014, Moody's Investors Service, Inc. raised our rating to 'A2' and confirmed our outlook as stable. In October 2014, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 100.85 Td (Fitch Ratings reaf) Tj ET Q q 0 0 0 rg BT 121.47 100.85 Td (firmed our rating and outlook. In ) Tj ET Q q 0 0 0 rg BT 255.05 100.85 Td (August 2014, Standard & Poor's Ratings Services raised our rating to 'A+' ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 88.85 Td (and confirmed our outlook as stable.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 111 0 obj <>] /Rotate 0 /Contents 112 0 R>> endobj 112 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Credit ratings are not recommendations to buy) Tj ET Q q 0 0 0 rg BT 235.42 742.10 Td (, are subject to change and each rating should be evaluated independently of any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (other rating.In addition, we undertake no obligation to update disclosures concerning our credit ratings, whether as a result of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (new information, future events or otherwise.Our ratings and outlook from each of the credit rating agencies as of the date of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (filing are shown in the table below) Tj ET Q q 0 0 0 rg BT 188.20 706.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.70 706.10 Td ( ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 155.50 674.60 168.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 674.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 327.50 674.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 674.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.50 674.60 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 155.50 646.60 168.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 323.50 646.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 327.50 646.60 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 646.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.50 646.60 56.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 155.5 674.6 m 323.5 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 327.5 674.6 m 395.5 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 674.6 m 455.5 674.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 158.00 678.83 Td (CreditRatingAgency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 342.35 686.83 Td (Senior) Tj ET Q q 0 0 0 rg BT 364.43 686.83 Td ( L-T) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.20 678.83 Td (Debt Rating) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 412.95 678.83 Td (Outlook) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.00 665.17 Td (Standard& Poors Rating Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.55 665.17 Td (A+) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.50 665.17 Td (Stable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.00 651.17 Td (Fitch Ratings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.65 651.17 Td (A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.50 651.17 Td (Stable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.00 637.17 Td (Moodys Investors Service,Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.85 637.17 Td (A2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.50 637.17 Td (Stable) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 601.10 Td (CONTRACTUAL) Tj ET Q q 0 0 0 rg BT 127.79 601.10 Td ( OBLIGA) Tj ET Q q 0 0 0 rg BT 169.56 601.10 Td (TIONS ) Tj ET Q q 0 0 0 rg BT 202.63 601.10 Td (AND OTHER COMMERCIAL) Tj ET Q q 0 0 0 rg BT 337.63 601.10 Td ( COMMITMENTS ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 581.10 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 581.10 Td ( summary of payments due for our contractual obligations and commercial commitments, as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.07 581.10 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.65 581.10 Td (, is as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 569.10 Td (follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 63.00 531.60 215.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.00 531.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.00 531.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 531.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.00 531.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.00 531.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.00 531.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.00 531.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 531.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 531.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 531.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 63.00 503.60 215.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.00 503.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.00 503.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 503.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.00 503.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.00 503.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.00 503.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.00 503.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 503.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 503.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 503.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 63.00 475.60 215.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.00 475.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.00 475.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 475.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.00 475.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.00 475.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.00 475.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.00 475.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 475.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 475.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 475.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 63.00 447.60 215.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.00 447.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.00 447.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 447.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.00 447.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.00 447.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.00 447.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.00 447.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 447.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 447.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 447.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 63.00 419.60 215.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.00 419.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.00 419.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 419.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.00 419.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.00 419.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.00 419.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.00 419.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 419.60 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.00 419.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.00 419.60 50.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282 531.6 m 332 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336 531.6 m 386 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390 531.6 m 440 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 531.6 m 494 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 531.6 m 548 531.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282 419.6 m 332 419.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282 406.6 m 332 406.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282 404.6 m 332 404.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336 419.6 m 386 419.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336 406.6 m 386 406.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336 404.6 m 386 404.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390 419.6 m 440 419.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390 406.6 m 440 406.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390 404.6 m 440 404.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 419.6 m 494 419.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 406.6 m 494 406.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 404.6 m 494 404.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 419.6 m 548 419.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 406.6 m 548 406.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498 404.6 m 548 404.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 65.50 549.33 Td (Contractual Cash Obligations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 65.50 535.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 298.50 535.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 343.15 535.83 Td (2016-2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.15 535.83 Td (2018-2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 450.45 535.83 Td (After 2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.75 535.83 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 522.17 Td (Loans payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.50 522.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.15 522.17 Td (86) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.50 522.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 522.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.50 522.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 522.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.50 522.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 522.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.50 522.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 522.17 Td (86) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 508.17 Td (Long-term debt and capital lease obligations) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 243.50 512.70 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 508.17 Td (121) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.15 508.17 Td (225) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 508.17 Td (194) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 508.17 Td (3,010) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.65 508.17 Td (3,550) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 494.17 Td (Operating leases) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 494.17 Td (152) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.15 494.17 Td (223) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 494.17 Td (152) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.15 494.17 Td (105) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 494.17 Td (632) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 480.17 Td (Capital expenditures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 480.17 Td (218) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 480.17 Td (53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 480.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 480.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 480.17 Td (271) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 466.17 Td (Purchase commitments for inventory) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 466.17 Td (644) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 466.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 466.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 466.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 466.17 Td (644) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 452.17 Td (Other purchase commitments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 452.17 Td (378) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 452.17 Td (85) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 452.17 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 452.17 Td (11) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 452.17 Td (490) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 65.50 445.10 65.28 -9.09 re f /GS0 gs q 0 0 0 rg BT 65.50 438.17 Td (Pension funding) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 130.78 449.63 7.58 -9.09 re f /GS0 gs BT /F1 6.50 Tf ET q 0 0 0 rg BT 130.78 442.70 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.15 438.17 Td (87) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 438.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 438.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 438.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 438.17 Td (87) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.50 424.17 Td (Other postretirement benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.15 424.17 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 424.17 Td (74) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 424.17 Td (64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.15 424.17 Td (230) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 424.17 Td (408) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.50 410.17 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.50 410.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.65 410.17 Td (1,726) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.50 410.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.15 410.17 Td (660) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.50 410.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 410.17 Td (426) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.50 410.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 410.17 Td (3,356) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.50 410.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.65 410.17 Td (6,168) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 396.50 Td ( ) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 63.00 396.50 Td (___________________________________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 63.50 387.52 Td (\(1\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 72.50 383.90 Td (Includes principal payments and expected interest payments based on the terms of the obligations) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 384.63 383.90 Td (.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 386.63 387.52 Td ( ) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 63.50 374.93 Td (\(2\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 72.50 371.30 Td (W) Tj ET Q q 0 0 0 rg BT 79.41 371.30 Td (e are contractually obligated in the U.K. to fund $87 million in 2015; however) Tj ET Q q 0 0 0 rg BT 329.47 371.30 Td (, our expected total pension contributions for 2015, including the U.K., ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 72.50 361.70 Td (are approximately $175 million.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 175.59 361.70 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 341.70 Td (The contractual obligations reported above exclude our unrecognized tax benefits of $174million as of December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.73 341.70 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.73 341.70 Td (. ) Tj ET Q q 0 0 0 rg BT 548.54 341.70 Td (W) Tj ET Q q 0 0 0 rg BT 557.18 341.70 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 329.70 Td (are not able to reasonably estimate the period in which cash outflows relating to uncertain tax contingencies could occur) Tj ET Q q 0 0 0 rg BT 530.40 329.70 Td (. See ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 317.70 Td (Note) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.94 317.70 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.94 317.70 Td (, ") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.02 317.70 Td (INCOME ) Tj ET Q q 0 0 0 rg BT 127.78 317.70 Td (T) Tj ET Q q 0 0 0 rg BT 133.09 317.70 Td (AXES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.20 317.70 Td (," to the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 193.28 317.70 Td (Consolidated Financial Statements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.32 317.70 Td (for further details.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 297.70 Td (Our other commercial commitments as of December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.98 297.70 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.98 297.70 Td (, are as follows) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 260.20 250.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 260.20 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 260.20 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 260.20 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 260.20 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 260.20 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 260.20 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 260.20 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 260.20 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 260.20 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 260.20 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 230.20 250.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 230.20 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 230.20 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 230.20 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 230.20 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 230.20 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 230.20 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 230.20 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 230.20 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 230.20 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 230.20 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 200.20 250.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 200.20 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 200.20 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 200.20 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 200.20 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 200.20 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 200.20 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 200.20 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 200.20 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 200.20 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 200.20 46.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 260.20000000000005 m 349.5 260.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 260.20000000000005 m 403.5 260.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 260.20000000000005 m 457.5 260.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 260.20000000000005 m 511.5 260.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 260.20000000000005 m 561.5 260.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 200.20000000000005 m 349.5 200.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 186.20000000000005 m 349.5 186.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 184.20000000000005 m 349.5 184.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 200.20000000000005 m 403.5 200.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 186.20000000000005 m 403.5 186.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 353.5 184.20000000000005 m 403.5 184.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 200.20000000000005 m 457.5 200.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 186.20000000000005 m 457.5 186.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 184.20000000000005 m 457.5 184.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 200.20000000000005 m 511.5 200.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 186.20000000000005 m 511.5 186.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 184.20000000000005 m 511.5 184.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 200.20000000000005 m 561.5 200.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 186.20000000000005 m 561.5 186.20000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 184.20000000000005 m 561.5 184.20000000000005 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 277.88 Td (Other Commercial Commitments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.00 264.43 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 318.00 264.43 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 360.65 264.43 Td (2016-2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.65 264.43 Td (2018-2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.95 264.43 Td (After 2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.25 264.43 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 249.87 Td (Standby letters of credit under revolving credit agreements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.00 249.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.65 249.87 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 249.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.65 249.87 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.00 249.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 249.87 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 249.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 249.87 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.00 249.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 249.87 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 234.87 Td (International and other domestic letters of credit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.65 234.87 Td (46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.65 234.87 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 234.87 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 234.87 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 234.87 Td (83) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 219.87 Td (Performance and excise bonds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.65 219.87 Td (70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.65 219.87 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 219.87 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 219.87 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 219.87 Td (76) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 204.87 Td (Guarantees, indemnifications and other commitments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.65 204.87 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.65 204.87 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 204.87 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 204.87 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 204.87 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 189.87 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.00 189.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.65 189.87 Td (143) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.00 189.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.65 189.87 Td (38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.00 189.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 189.87 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.00 189.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 189.87 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.00 189.87 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 189.87 Td (188) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 157.70 Td (APPLICA) Tj ET Q q 0 0 0 rg BT 93.70 157.70 Td (TION OF) Tj ET Q q 0 0 0 rg BT 135.28 157.70 Td ( CRITICAL) Tj ET Q q 0 0 0 rg BT 187.24 157.70 Td ( ) Tj ET Q q 0 0 0 rg BT 189.18 157.70 Td (ACCOUNTING ESTIMA) Tj ET Q q 0 0 0 rg BT 299.84 157.70 Td (TES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 137.70 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 137.70 Td ( summary of our significant accounting policies is included in Note) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.55 137.70 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.55 137.70 Td (, ") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.64 137.70 Td (SUMMAR) Tj ET Q q 0 0 0 rg BT 386.54 137.70 Td (Y) Tj ET Q q 0 0 0 rg BT 393.39 137.70 Td ( OF SIGNIFICANT) Tj ET Q q 0 0 0 rg BT 473.77 137.70 Td ( ) Tj ET Q q 0 0 0 rg BT 475.72 137.70 Td (ACCOUNTING ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 125.70 Td (POLICIES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.89 125.70 Td (," of our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 129.63 125.70 Td (Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.18 125.70 Td ( which discusses accounting policies that we have selected from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 113.70 Td (acceptable alternatives.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 93.70 Td (Our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 68.05 93.70 Td (Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.59 93.70 Td ( are prepared in accordance with GAAP) Tj ET Q q 0 0 0 rg BT 368.15 93.70 Td ( which often requires management to make ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 81.70 Td (judgments, estimates and assumptions regarding uncertainties that af) Tj ET Q q 0 0 0 rg BT 324.75 81.70 Td (fect the reported amounts presented and disclosed in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 69.70 Td (financial statements. Management reviews these estimates and assumptions based on historical experience, changes in business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 57.70 Td (conditions and other relevant factors they believe to be reasonable under the circumstances. In any given reporting period, our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 45.70 Td (actual results may dif) Tj ET Q q 0 0 0 rg BT 135.63 45.70 Td (fer from the estimates and assumptions used in preparing our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 382.23 45.70 Td (Consolidated Financial Statements.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 113 0 obj <>] /Rotate 0 /Contents 114 0 R>> endobj 114 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (56) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Critical accounting estimates are defined as follows: the estimate requires management to make assumptions about matters that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (were highly uncertain at the time the estimate was made; dif) Tj ET Q q 0 0 0 rg BT 290.84 730.10 Td (ferent estimates reasonably could have been used; or if changes in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (the estimate are reasonably likely to occur from period to period and the change would have a material impact on our financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (condition or results of operations. Our senior management has discussed the development and selection of our accounting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (policies, related accounting estimates and the disclosures set forth below with the ) Tj ET Q q 0 0 0 rg BT 377.41 694.10 Td (Audit Committee of our Board of Directors. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 682.10 Td (e believe our critical accounting estimates include those addressing the estimation of liabilities for warranty programs, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (accounting for income taxes and pension benefits.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 642.10 Td (W) Tj ET Q q 0 0 0 rg BT 59.45 642.10 Td (arranty Pr) Tj ET Q q 0 0 0 rg BT 105.08 642.10 Td (ograms) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 622.10 Td (e estimate and record a liability for base warranty programs at the time our products are sold. Our estimates are based on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (historical experience and reflect management's best estimates of expected costs at the time products are sold and subsequent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (adjustment to those expected costs when actual costs dif) Tj ET Q q 0 0 0 rg BT 274.76 598.10 Td (fer) Tj ET Q q 0 0 0 rg BT 285.31 598.10 Td (. ) Tj ET Q q 0 0 0 rg BT 289.76 598.10 Td (As a result of the uncertainty surrounding the nature and frequency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (of product recall programs, the liability for such programs is recorded when we commit to a recall action or when a recall ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (becomes probable and estimable, which generally occurs when it is announced. Our warranty liability is generally af) Tj ET Q q 0 0 0 rg BT 516.33 574.10 Td (fected by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (component failure rates, repair costs and the point of failure within the product life cycle. Future events and circumstances ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (related to these factors could materially change our estimates and require adjustments to our liability) Tj ET Q q 0 0 0 rg BT 451.44 550.10 Td (. New product launches ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (require a greater use of judgment in developing estimates until historical experience becomes available. Product specific ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (experience is typically available four or five quarters after product launch, with a clear experience trend evident eight quarters ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (after launch. ) Tj ET Q q 0 0 0 rg BT 102.29 514.10 Td (W) Tj ET Q q 0 0 0 rg BT 110.93 514.10 Td (e generally record warranty expense for new products upon shipment using a preceding product's warranty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (history and a multiplicative factor based upon preceding similar product experience and new product assessment until suf) Tj ET Q q 0 0 0 rg BT 535.79 502.10 Td (ficient ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (new product data is available for warranty estimation. ) Tj ET Q q 0 0 0 rg BT 267.80 490.10 Td (W) Tj ET Q q 0 0 0 rg BT 276.44 490.10 Td (e then use a blend of actual new product experience and preceding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (product historical experience for several subsequent quarters, and new product specific experience thereafter) Tj ET Q q 0 0 0 rg BT 483.97 478.10 Td (. Note) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.91 478.10 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.91 478.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.08 466.10 Td (PRODUCT) Tj ET Q q 0 0 0 rg BT 100.58 466.10 Td ( ) Tj ET Q q 0 0 0 rg BT 102.90 466.10 Td (W) Tj ET Q q 0 0 0 rg BT 111.23 466.10 Td (ARRANTY) Tj ET Q q 0 0 0 rg BT 159.19 466.10 Td ( LIABILITY) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.83 466.10 Td (," to our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 245.02 466.10 Td (Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.56 466.10 Td ( contains a summary of the activity in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (warranty liability account for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.40 454.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.40 454.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.84 454.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.84 454.10 Td ( including adjustments to pre-existing warranties.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 426.10 Td (Accounting for) Tj ET Q q 0 0 0 rg BT 113.98 426.10 Td ( Income ) Tj ET Q q 0 0 0 rg BT 150.46 426.10 Td (T) Tj ET Q q 0 0 0 rg BT 156.21 426.10 Td (axes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 406.10 Td (e determine our income tax expense using the asset and liability method. Under this method, deferred tax assets and liabilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (are recognized for the future tax ef) Tj ET Q q 0 0 0 rg BT 188.63 394.10 Td (fects of temporary dif) Tj ET Q q 0 0 0 rg BT 275.36 394.10 Td (ferences between the financial statement carrying amounts of existing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (assets and liabilities and their respective tax bases. Future tax benefits of tax loss and credit carryforwards are also recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (as deferred tax assets. ) Tj ET Q q 0 0 0 rg BT 139.50 370.10 Td (W) Tj ET Q q 0 0 0 rg BT 148.14 370.10 Td (e evaluate the recoverability of our deferred tax assets each quarter by assessing the likelihood of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (future profitability and available tax planning strategies that could be implemented to realize our net deferred tax assets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.82 358.10 Td ( ) Tj ET Q q 0 0 0 rg BT 531.77 358.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 346.10 Td (, we recorded net deferred tax assets of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.12 346.10 Td ($184 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.51 346.10 Td (. ) Tj ET Q q 0 0 0 rg BT 343.33 346.10 Td (These assets included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.47 346.10 Td ($190 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.86 346.10 Td ( for the value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (tax loss and credit carryforwards. ) Tj ET Q q 0 0 0 rg BT 185.51 334.10 Td (A) Tj ET Q q 0 0 0 rg BT 192.18 334.10 Td ( valuation allowance of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.25 334.10 Td ($144 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.64 334.10 Td ( was recorded to reduce the tax assets to the net value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (management believed was more likely than not to be realized. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.19 322.10 Td (In the event our operating performance deteriorates, future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (assessments could conclude that a lar) Tj ET Q q 0 0 0 rg BT 198.94 310.10 Td (ger valuation allowance will be needed to further reduce the deferred tax assets. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (addition, we operate within multiple taxing jurisdictions and are subject to tax audits in these jurisdictions. ) Tj ET Q q 0 0 0 rg BT 478.62 298.10 Td (These audits can ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (involve complex issues, which may require an extended period of time to resolve. ) Tj ET Q q 0 0 0 rg BT 379.45 286.10 Td (W) Tj ET Q q 0 0 0 rg BT 388.09 286.10 Td (e accrue for the estimated additional tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (and interest that may result from tax authorities disputing uncertain tax positions we have taken and we believe we have made ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (adequate provision for income taxes for all years that are subject to audit based upon the latest information available. ) Tj ET Q q 0 0 0 rg BT 519.84 262.10 Td (A) Tj ET Q q 0 0 0 rg BT 526.51 262.10 Td ( more ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (complete description of our income taxes and the future benefits of our tax loss and credit carryforwards is disclosed in) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 250.10 Td ( Note) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.24 250.10 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.24 250.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.10 Td (") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.08 238.10 Td (INCOME ) Tj ET Q q 0 0 0 rg BT 95.84 238.10 Td (T) Tj ET Q q 0 0 0 rg BT 101.15 238.10 Td (AXES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.27 238.10 Td (," to our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 162.46 238.10 Td (Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.00 238.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 210.10 Td (Pension Benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 190.10 Td (e sponsor a number of pension plans primarily in the U.S. and the U.K. and to a lesser degree in various other countries. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td (the U.S. and the U.K. we have several major defined benefit plans that are separately funded. ) Tj ET Q q 0 0 0 rg BT 424.96 178.10 Td (W) Tj ET Q q 0 0 0 rg BT 433.59 178.10 Td (e account for our pension ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td (programs in accordance with employers' accounting for defined benefit pension and other postretirement plans under GAAP) Tj ET Q q 0 0 0 rg BT 546.37 166.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.10 Td (GAAP) Tj ET Q q 0 0 0 rg BT 76.86 154.10 Td ( requires that amounts recognized in financial statements be determined using an actuarial basis. ) Tj ET Q q 0 0 0 rg BT 463.67 154.10 Td (As a result, our pension ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (benefit programs are based on a number of statistical and judgmental assumptions that attempt to anticipate future events and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.10 Td (are used in calculating the expense and liability related to our plans each year at December31. ) Tj ET Q q 0 0 0 rg BT 430.21 130.10 Td (These assumptions include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (discount rates used to value liabilities, assumed rates of return on plan assets, future compensation increases, employee ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (turnover rates, actuarial assumptions relating to retirement age, mortality rates and participant withdrawals. ) Tj ET Q q 0 0 0 rg BT 481.34 106.10 Td (The actuarial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td (assumptions we use may dif) Tj ET Q q 0 0 0 rg BT 162.58 94.10 Td (fer significantly from actual results due to changing economic conditions, participant life span and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.10 Td (withdrawal rates. ) Tj ET Q q 0 0 0 rg BT 121.18 82.10 Td (These dif) Tj ET Q q 0 0 0 rg BT 158.49 82.10 Td (ferences may result in a material impact to the amount of net periodic pension cost to be recorded in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.10 Td (our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.83 70.10 Td (Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.37 70.10 Td ( in the future.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 115 0 obj <>] /Rotate 0 /Contents 116 0 R>> endobj 116 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (57) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (The expected long-term return on plan assets is used in calculating the net periodic pension cost. ) Tj ET Q q 0 0 0 rg BT 438.32 742.10 Td (W) Tj ET Q q 0 0 0 rg BT 446.95 742.10 Td (e considered several factors ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (in developing our expected rate of return on plan assets. ) Tj ET Q q 0 0 0 rg BT 276.13 730.10 Td (The long-term rate of return considers historical returns and expected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (returns on current and projected asset allocations and is generally applied to a five-year average market value of return. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (Projected returns are based primarily on broad, publicly traded fixed income and equity indices and forward-looking estimates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (of active portfolio and investment management. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.55 694.10 Td (As of December31, 2014, based upon our tar) Tj ET Q q 0 0 0 rg BT 425.55 694.10 Td (get asset allocations, it is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (anticipated that our U.S. investment policy will generate an average annual return over the 10-year projection period equal to or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (in excess of 7.5percent approximately 20percent of the time while returns of 8.0percent or greater are anticipated 15percent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (of the time.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.82 658.10 Td ( ) Tj ET Q q 0 0 0 rg BT 98.14 658.10 Td (W) Tj ET Q q 0 0 0 rg BT 106.78 658.10 Td (e expect additional positive returns from active investment management.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.51 658.10 Td ( ) Tj ET Q q 0 0 0 rg BT 399.83 658.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.88 658.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.88 658.10 Td ( one-year return of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.06 658.10 Td (13.3 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.42 646.10 Td (, combined with the very favorable returns since 2010, has resulted in approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.71 646.10 Td ($470 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.10 646.10 Td ( of actuarial gains in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (accumulated other comprehensive income over the past five years. Based on the historical returns and forward-looking return ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (expectations, we believe an investment return assumption of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.10 622.10 Td (7.5 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.52 622.10 Td ( per year in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.27 622.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.27 622.10 Td ( for U.S. pension assets is reasonable.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 602.10 Td (The methodology used to determine the rate of return on pension plan assets in the U.K. was based on establishing an equity-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 590.10 Td (risk premium over current long-term bond yields adjusted based on tar) Tj ET Q q 0 0 0 rg BT 331.97 590.10 Td (get asset allocations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.39 590.10 Td (As of December31, 2014, based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 578.10 Td (upon our tar) Tj ET Q q 0 0 0 rg BT 98.70 578.10 Td (get asset allocations, it is anticipated that our U.K. investment policy will generate an average annual return over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.10 Td (the 20-year projection period equal to or in excess of 5.2percent approximately 50percent of the time while returns of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 554.10 Td (6.1percent or greater are anticipated 25percent of the time.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.33 554.10 Td ( ) Tj ET Q q 0 0 0 rg BT 291.65 554.10 Td (W) Tj ET Q q 0 0 0 rg BT 300.28 554.10 Td (e expect additional positive returns from active investment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 542.10 Td (management.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.59 542.10 Td ( ) Tj ET Q q 0 0 0 rg BT 105.91 542.10 Td (The one-year return for our U.K. plan was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.51 542.10 Td (16.8 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.93 542.10 Td ( for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.59 542.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.59 542.10 Td (, and similar to our U.S. plan, the strong returns ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 530.10 Td (over the past five years have resulted in approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.31 530.10 Td ($285 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.70 530.10 Td ( of actuarial gains in accumulated other comprehensive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 518.10 Td (income. Our strategy with respect to our investments in pension plan assets is to be invested with a long-term outlook. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 506.10 Td (Therefore, the risk and return balance of our asset portfolio should reflect a long-term horizon. Based on the historical returns ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 494.10 Td (and forward-looking return expectations, we believe an investment return assumption of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.45 494.10 Td (5.8 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.87 494.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 494.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 494.10 Td ( for U.K. pension ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 482.10 Td (assets is reasonable. Our pension plan asset allocations at December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.19 482.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.19 482.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.63 482.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.63 482.10 Td ( and tar) Tj ET Q q 0 0 0 rg BT 429.43 482.10 Td (get allocation for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.24 482.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.24 482.10 Td ( are as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 470.10 Td (follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 83.50 416.60 104.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 187.50 416.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 191.50 416.60 74.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 416.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.50 416.60 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 416.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 416.60 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.50 416.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 416.60 74.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 416.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 416.60 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 416.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 416.60 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 83.50 388.60 104.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 187.50 388.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 191.50 388.60 74.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.50 388.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.50 388.60 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 388.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 388.60 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.50 388.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 388.60 74.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 388.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 388.60 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 388.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 388.60 42.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 191.5 445.6 m 265.5 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265.5 445.6 m 269.5 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 445.6 m 311.5 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 445.6 m 315.5 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 445.6 m 357.5 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 445.6 m 435.5 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435.5 445.6 m 439.5 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 445.6 m 481.5 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 445.6 m 485.5 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 445.6 m 527.5 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 445.6 m 435.5 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 445.6 m 481.5 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 445.6 m 485.5 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 445.6 m 527.5 445.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 191.5 416.6 m 265.5 416.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 416.6 m 311.5 416.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 416.6 m 357.5 416.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 416.6 m 435.5 416.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 416.6 m 481.5 416.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 416.6 m 527.5 416.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 191.5 374.6 m 265.5 374.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 191.5 360.6 m 265.5 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 191.5 358.6 m 265.5 358.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 374.6 m 311.5 374.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 360.6 m 311.5 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 358.6 m 311.5 358.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 374.6 m 357.5 374.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 360.6 m 357.5 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 358.6 m 357.5 358.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 374.6 m 435.5 374.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 360.6 m 435.5 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 358.6 m 435.5 358.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 374.6 m 481.5 374.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 360.6 m 481.5 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 358.6 m 481.5 358.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 374.6 m 527.5 374.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 360.6 m 527.5 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 358.6 m 527.5 358.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 450.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.55 449.83 Td (U.S. Plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.65 449.83 Td (U.K. Plans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 432.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 198.45 431.83 Td (Target Allocation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 281.05 437.68 Td (Percentage of Plan) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 273.75 429.73 Td (Assets at December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 368.45 431.83 Td (Target Allocation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 451.05 437.68 Td (Percentage of Plan) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.75 429.73 Td (Assets at December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 86.00 419.68 Td (Investment description) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 220.00 419.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 282.00 419.68 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 328.00 419.68 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.00 419.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.00 419.68 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 498.00 419.68 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 407.17 Td (Fixed income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.15 407.17 Td (64.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.65 407.17 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 283.50 407.28 Td (65.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 407.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.10 407.17 Td (57.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.65 407.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.15 407.17 Td (50.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.65 407.17 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.50 407.28 Td (56.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.00 407.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.10 407.17 Td (46.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 407.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 393.17 Td (Equity securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.15 393.17 Td (22.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.65 393.17 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 283.50 393.28 Td (22.9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 393.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.10 393.17 Td (30.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.65 393.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.15 393.17 Td (25.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.65 393.17 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.50 393.28 Td (32.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.00 393.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.10 393.17 Td (39.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 393.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 379.17 Td (Real estate/other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.15 379.17 Td (14.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.65 379.17 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 283.50 379.28 Td (11.4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 379.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.10 379.17 Td (12.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.65 379.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.15 379.17 Td (24.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.65 379.17 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.50 379.28 Td (12.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.00 379.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.10 379.17 Td (13.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 379.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.00 364.27 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.15 364.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.65 364.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 278.50 364.28 Td (100.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 301.00 364.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.10 364.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.65 364.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.15 364.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.65 364.27 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.50 364.28 Td (100.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 471.00 364.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.10 364.27 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 364.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 340.10 Td (The dif) Tj ET Q q 0 0 0 rg BT 78.97 340.10 Td (ferences between the actual return on plan assets and expected long-term return on plan assets are recognized in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 328.10 Td (asset value used to calculate net periodic cost over five years. ) Tj ET Q q 0 0 0 rg BT 298.05 328.10 Td (The table below sets forth the expected return assumptions used ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 316.10 Td (to develop our pension cost for the period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.40 316.10 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.40 316.10 Td (-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.73 316.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.73 316.10 Td ( and our expected rate of return for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.89 316.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.89 316.10 Td (.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 173.50 279.60 84.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 257.50 279.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 261.50 279.60 41.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 279.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 279.60 41.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 279.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.50 279.60 41.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 279.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 279.60 41.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 261.5 291.6 m 302.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302.5 291.6 m 306.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 291.6 m 347.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 291.6 m 351.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 291.6 m 392.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 291.6 m 396.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 291.6 m 437.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 261.5 279.6 m 302.5 279.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 279.6 m 347.5 279.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351.5 279.6 m 392.5 279.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 279.6 m 437.5 279.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 176.00 296.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 277.75 295.83 Td (Long-term Expected Return Assumptions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 176.00 282.33 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 273.50 283.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 318.50 283.68 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 363.50 283.68 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.50 283.68 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.00 270.17 Td (U.S. plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.10 270.17 Td (7.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.65 270.17 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 319.50 270.28 Td (7.50) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 337.00 270.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.10 270.17 Td (8.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.65 270.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.10 270.17 Td (8.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 270.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.00 256.17 Td (U.K. plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.10 256.17 Td (5.80) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.65 256.17 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 319.50 256.28 Td (5.80) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 337.00 256.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.10 256.17 Td (5.80) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.65 256.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.10 256.17 Td (6.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 256.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 232.10 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 232.10 Td ( lower expected rate of return will increase our net periodic pension cost and reduce profitability) Tj ET Q q 0 0 0 rg BT 441.70 232.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 212.10 Td (GAAP) Tj ET Q q 0 0 0 rg BT 76.86 212.10 Td ( for pensions of) Tj ET Q q 0 0 0 rg BT 139.17 212.10 Td (fers various acceptable alternatives to account for the dif) Tj ET Q q 0 0 0 rg BT 365.55 212.10 Td (ferences that eventually arise between the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 200.10 Td (estimates used in the actuarial valuations and the actual results. It is acceptable to delay or immediately recognize these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 188.10 Td (dif) Tj ET Q q 0 0 0 rg BT 60.93 188.10 Td (ferences. Under the delayed recognition alternative, changes in pension obligation \(including those resulting from plan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 176.10 Td (amendments\) and changes in the value of assets set aside to meet those obligations are not recognized in net periodic pension ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 164.10 Td (cost as they occur but are recognized initially in comprehensive income and subsequently amortized as components of net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 152.10 Td (periodic pension cost systematically and gradually over future periods. In addition to this approach, GAAP) Tj ET Q q 0 0 0 rg BT 477.30 152.10 Td ( also allows ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 140.10 Td (immediate recognition of actuarial gains or losses. Immediate recognition introduces volatility in financial results. ) Tj ET Q q 0 0 0 rg BT 508.58 140.10 Td (W) Tj ET Q q 0 0 0 rg BT 517.22 140.10 Td (e have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 128.10 Td (chosen to delay recognition and amortize actuarial dif) Tj ET Q q 0 0 0 rg BT 265.01 128.10 Td (ferences over future periods. If we adopted the immediate recognition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 116.10 Td (approach, we would record a loss of $897million \($614million after) Tj ET Q q 0 0 0 rg BT 326.40 116.10 Td (-tax\) from cumulative actuarial net losses for our U.S. and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 104.10 Td (U.K. pension plans.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 117 0 obj <>] /Rotate 0 /Contents 118 0 R>> endobj 118 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (58) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (The dif) Tj ET Q q 0 0 0 rg BT 78.97 742.10 Td (ference between the expected return and the actual return on plan assets is deferred from recognition in our results of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (operations and, under certain circumstances such as when the dif) Tj ET Q q 0 0 0 rg BT 309.17 730.10 Td (ference exceeds ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.23 730.10 Td (10 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.15 730.10 Td ( of the market value of plan assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (or the projected benefit obligation \(PBO\), amortized over future years of service. ) Tj ET Q q 0 0 0 rg BT 376.37 718.10 Td (This is also true of changes to actuarial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (assumptions. ) Tj ET Q q 0 0 0 rg BT 103.90 706.10 Td (As of December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.92 706.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.92 706.10 Td (, we had net pension actuarial losses of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.49 706.10 Td ($61) Tj ET Q q 0 0 0 rg BT 380.12 706.10 Td (1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.51 706.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.95 706.10 Td ($286 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.34 706.10 Td ( for the U.S. and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (U.K. pension plans, respectively) Tj ET Q q 0 0 0 rg BT 179.32 694.10 Td (. Under GAAP) Tj ET Q q 0 0 0 rg BT 237.93 694.10 Td (, the actuarial gains and losses are recognized and recorded in accumulated other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (comprehensive loss. Net actuarial losses decreased our shareholders' equity by $78million \(after) Tj ET Q q 0 0 0 rg BT 436.76 682.10 Td (-tax\) in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.41 682.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.41 682.10 Td (. ) Tj ET Q q 0 0 0 rg BT 493.23 682.10 Td (The losses were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (due to liability losses from lower U.S. and U.K. discount rates, partially of) Tj ET Q q 0 0 0 rg BT 347.82 670.10 Td (fset by improved plan asset performance for both the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (U.S. and U.K. plans. ) Tj ET Q q 0 0 0 rg BT 134.72 658.10 Td (As these amounts exceed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.02 658.10 Td (10 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.95 658.10 Td ( of our PBO, the excess is amortized over the average remaining ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (service lives of participating employees.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.10 Td (The table below sets forth the net periodic pension cost for the period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.20 626.10 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.20 626.10 Td (-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.53 626.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.53 626.10 Td ( and our expected cost for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.59 626.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.59 626.10 Td (.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 156.50 603.60 142.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 298.50 603.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 603.60 35.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 603.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 603.60 35.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.50 603.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 603.60 35.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 603.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 603.60 35.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302.5 603.6 m 337.5 603.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 603.6 m 376.5 603.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 603.6 m 415.5 603.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 603.6 m 454.5 603.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 159.00 607.68 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.50 607.68 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 350.50 607.68 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.50 607.68 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 428.50 607.68 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.00 594.17 Td (Net periodic pension cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.00 594.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.65 594.17 Td (58) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 344.00 594.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.65 594.33 Td (57) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.00 594.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.65 594.17 Td (87) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 594.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 594.17 Td (64) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 571.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 571.10 Td (e expect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.17 571.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.17 571.10 Td ( net periodic pension cost to remain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.41 571.10 Td (flat) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.73 571.10 Td ( when compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.60 571.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.60 571.10 Td (, due to lower discount rates in the U.S. and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 559.10 Td (U.K. and unfavorable mortality demographics in the U.S., of) Tj ET Q q 0 0 0 rg BT 292.82 559.10 Td (fset by favorable expected return on asset performance in both the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 547.10 Td (U.S. and U.K. ) Tj ET Q q 0 0 0 rg BT 108.98 547.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.03 547.10 Td (decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.45 547.10 Td ( in periodic pension cost in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.98 547.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.98 547.10 Td ( compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.68 547.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.68 547.10 Td ( was due to reduced loss amortizations resulting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 535.10 Td (from improved U.S. asset performance and a higher discount rate. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.12 535.10 Td (The increase in periodic pension cost in 2013 compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 523.10 Td (2012 was due to unfavorable impacts of higher service cost due to increased headcount, decreased discount rates and lower ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 511.10 Td (expected asset returns for our U.K. plan as we de-risk plan trust assets moving toward more conservative investments.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.65 511.10 Td ( ) Tj ET Q q 0 0 0 rg BT 524.60 511.10 Td (Another ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 499.10 Td (key assumption used in the development of the net periodic pension cost is the discount rate. ) Tj ET Q q 0 0 0 rg BT 422.79 499.10 Td (The weighted average discount ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 487.10 Td (rates used to develop our net periodic pension cost are set forth in the table below) Tj ET Q q 0 0 0 rg BT 375.64 487.10 Td (.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 172.50 448.60 90.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 448.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 448.60 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 448.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 448.60 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 448.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 448.60 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 448.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 448.60 40.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 462.6 m 306.5 462.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 462.6 m 310.5 462.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 462.6 m 350.5 462.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350.5 462.6 m 354.5 462.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 462.6 m 394.5 462.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 462.6 m 398.5 462.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 462.6 m 438.5 462.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 448.6 m 306.5 448.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 448.6 m 350.5 448.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 448.6 m 394.5 448.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 448.6 m 438.5 448.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 175.00 467.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 326.30 466.83 Td (Discount Rates) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 175.00 453.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 278.00 452.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 322.00 452.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 366.00 452.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 410.00 452.83 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.00 439.17 Td (U.S. plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.10 439.17 Td (4.07) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.65 439.17 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 322.50 439.28 Td (4.83) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 340.00 439.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.10 439.17 Td (3.97) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.65 439.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.10 439.17 Td (4.82) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 439.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.00 425.17 Td (U.K. plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.10 425.17 Td (3.80) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.65 425.17 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 322.50 425.28 Td (4.60) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 340.00 425.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.10 425.17 Td (4.70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.65 425.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.10 425.17 Td (5.20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 425.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 401.10 Td (Changes in the discount rate assumptions will impact the interest cost component of the net periodic pension cost calculation.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 381.10 Td (The discount rate enables us to state expected future cash payments for benefits as a present value on the measurement date. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 369.10 Td (The guidelines for setting this rate are discussed in GAAP) Tj ET Q q 0 0 0 rg BT 282.08 369.10 Td ( which suggests the use of a high-quality corporate bond rate. ) Tj ET Q q 0 0 0 rg BT 530.17 369.10 Td (W) Tj ET Q q 0 0 0 rg BT 538.80 369.10 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 357.10 Td (used bond information provided by Moody's Investor Services, Inc. and Standard & Poor's Rating Services. ) Tj ET Q q 0 0 0 rg BT 482.43 357.10 Td (All bonds used to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 345.10 Td (develop our hypothetical portfolio in the U.S. and U.K. were deemed high-quality) Tj ET Q q 0 0 0 rg BT 377.32 345.10 Td (, non-callable bonds \(Aa or better\) as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 333.10 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.58 333.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 333.10 Td (, by at least one of the bond rating agencies. ) Tj ET Q q 0 0 0 rg BT 306.68 333.10 Td (The average yield of this hypothetical bond portfolio was used ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 321.10 Td (as the benchmark for determining the discount rate to be used to value the obligations of the plans subject to GAAP) Tj ET Q q 0 0 0 rg BT 512.29 321.10 Td ( for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 309.10 Td (pensions and other postretirement benefits.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 289.10 Td (Our model called for projected payments until near extinction for the U.S. and the U.K. For both countries, our model matches ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 277.10 Td (the present value of the plan's projected benefit payments to the market value of the theoretical settlement bond portfolio. ) Tj ET Q q 0 0 0 rg BT 537.20 277.10 Td (A) Tj ET Q q 0 0 0 rg BT 543.87 277.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 265.10 Td (single equivalent discount rate is determined to align the present value of the required cash flow with the value of the bond ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 253.10 Td (portfolio. ) Tj ET Q q 0 0 0 rg BT 89.81 253.10 Td (The resulting discount rate is reflective of both the current interest rate environment and the plan's distinct liability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 241.10 Td (characteristics.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 221.10 Td (The table below sets forth the estimated impact on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.94 221.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.94 221.10 Td ( net periodic pension cost relative to a change in the discount rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 209.10 Td (and a change in the expected rate of return on plan assets.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 162.50 178.60 182.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 178.60 104.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 162.50 150.60 182.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 150.60 104.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 162.50 122.60 182.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 122.60 104.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 178.60000000000002 m 448.5 178.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 165.00 182.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 355.40 190.68 Td (Impact on Pension Cost) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.60 182.68 Td (Increase/\(Decrease\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.00 169.17 Td (Discount rate used to value liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.00 155.17 Td (0.25 percent increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 155.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.30 155.22 Td (\(13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.65 155.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.00 141.17 Td (0.25 percent decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 141.17 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.00 127.17 Td (Expected rate of return on assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.00 113.17 Td (1 percent increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.30 113.22 Td (\(41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.65 113.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.00 99.17 Td (1 percent decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 99.17 Td (41) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 119 0 obj <>] /Rotate 0 /Contents 120 0 R>> endobj 120 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (The above sensitivities reflect the impact of changing one assumption at a time. ) Tj ET Q q 0 0 0 rg BT 370.46 742.10 Td (A) Tj ET Q q 0 0 0 rg BT 377.13 742.10 Td ( higher discount rate decreases the plan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (obligations and decreases our net periodic pension cost. ) Tj ET Q q 0 0 0 rg BT 274.66 730.10 Td (A) Tj ET Q q 0 0 0 rg BT 281.33 730.10 Td ( lower discount rate increases the plan obligations and increases our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (net periodic pension cost. It should be noted that economic factors and conditions often af) Tj ET Q q 0 0 0 rg BT 409.44 718.10 Td (fect multiple assumptions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (simultaneously and the ef) Tj ET Q q 0 0 0 rg BT 152.29 706.10 Td (fects of changes in key assumptions are not necessarily linear) Tj ET Q q 0 0 0 rg BT 397.50 706.10 Td (. Note) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.43 706.10 Td (1) Tj ET Q q 0 0 0 rg BT 429.06 706.10 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.06 706.10 Td (, ") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.14 706.10 Td (PENSION ) Tj ET Q q 0 0 0 rg BT 487.32 706.10 Td (AND OTHER ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (POSTRETIREMENT) Tj ET Q q 0 0 0 rg BT 137.60 694.10 Td ( BENEFITS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.77 694.10 Td (," to our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 221.96 694.10 Td (Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.50 694.10 Td ( provides a summary of our pension benefit plan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (activity) Tj ET Q q 0 0 0 rg BT 79.34 682.10 Td (, the funded status of our plans and the amounts recognized in our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 345.39 682.10 Td (Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.93 682.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 654.10 Td (RECENTL) Tj ET Q q 0 0 0 rg BT 97.43 654.10 Td (Y) Tj ET Q q 0 0 0 rg BT 104.28 654.10 Td ( ) Tj ET Q q 0 0 0 rg BT 106.23 654.10 Td (ADOPTED ) Tj ET Q q 0 0 0 rg BT 157.07 654.10 Td (AND RECENTL) Tj ET Q q 0 0 0 rg BT 228.66 654.10 Td (Y) Tj ET Q q 0 0 0 rg BT 235.51 654.10 Td ( ISSUED ) Tj ET Q q 0 0 0 rg BT 276.08 654.10 Td (ACCOUNTING PRONOUNCEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (Accounting Pr) Tj ET Q q 0 0 0 rg BT 111.76 634.10 Td (onouncements Recently ) Tj ET Q q 0 0 0 rg BT 214.53 634.10 Td (Adopted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 614.10 Td (In February 2013, the Financial ) Tj ET Q q 0 0 0 rg BT 178.31 614.10 Td (Accounting Standards Board \(F) Tj ET Q q 0 0 0 rg BT 304.49 614.10 Td (ASB\) amended its standards on comprehensive income by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 602.10 Td (requiring disclosure in the footnotes of information about amounts reclassified out of accumulated other comprehensive income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 590.10 Td (by component. Specifically) Tj ET Q q 0 0 0 rg BT 159.04 590.10 Td (, the amendment requires disclosure of the line items on net income in which the item was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 578.10 Td (reclassified only if it is reclassified to net income in its entirety in the same reporting period. ) Tj ET Q q 0 0 0 rg BT 421.94 578.10 Td (The new rules became ef) Tj ET Q q 0 0 0 rg BT 521.70 578.10 Td (fective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.10 Td (for us beginning January 1, 2013 and were adopted prospectively in accordance with the standard. ) Tj ET Q q 0 0 0 rg BT 444.97 566.10 Td (The standard resulted in new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 554.10 Td (disclosures in) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.72 554.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.22 554.10 Td (NOTE 15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.38 554.10 Td (, ") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.46 554.10 Td (ACCUMULA) Tj ET Q q 0 0 0 rg BT 211.58 554.10 Td (TED OTHER COMPREHENSIVE INCOME \(LOSS\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.80 554.10 Td (.") Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 534.10 Td (Accounting Pr) Tj ET Q q 0 0 0 rg BT 111.76 534.10 Td (onouncements Issued But Not ) Tj ET Q q 0 0 0 rg BT 240.85 534.10 Td (Y) Tj ET Q q 0 0 0 rg BT 246.96 534.10 Td (et Effective) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (In May 2014, the F) Tj ET Q q 0 0 0 rg BT 126.20 514.10 Td (ASB amended its standards related to revenue recognition. ) Tj ET Q q 0 0 0 rg BT 363.45 514.10 Td (This amendment replaces all existing revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (recognition guidance and provides a single, comprehensive revenue recognition model for all contracts with customers. ) Tj ET Q q 0 0 0 rg BT 529.95 502.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (standard contains principles that we will apply to determine the measurement of revenue and timing of when it is recognized. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (The underlying principle is that we will recognize revenue in a manner that depicts the transfer of goods or services to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (customers at an amount that we expect to be entitled to in exchange for those goods or services. ) Tj ET Q q 0 0 0 rg BT 434.98 466.10 Td (The standard allows either full ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (or modified retrospective adoption. Early adoption is not permitted. ) Tj ET Q q 0 0 0 rg BT 322.81 454.10 Td (The guidance provides a five-step analysis of transactions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (to determine when and how revenue is recognized. Other major provisions include capitalization of certain contract costs, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (consideration of time value of money in the transaction price and allowing estimates of variable consideration to be recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (before contingencies are resolved in certain circumstances. ) Tj ET Q q 0 0 0 rg BT 288.04 418.10 Td (The amendment also requires additional disclosure about the nature, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (changes in judgments and assets recognized from costs incurred to fulfill a contract. ) Tj ET Q q 0 0 0 rg BT 388.05 394.10 Td (The new rules will become ef) Tj ET Q q 0 0 0 rg BT 506.43 394.10 Td (fective for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (annual and interim periods beginning January 1, 2017. ) Tj ET Q q 0 0 0 rg BT 270.33 382.10 Td (W) Tj ET Q q 0 0 0 rg BT 278.96 382.10 Td (e are in the process of evaluating the impact the amendment will have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (on our) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 75.83 370.10 Td ( Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.87 370.10 Td (, and we are further considering the impact of each method of adoption.) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 350.10 Td (ITEM 7A.Quantitative and Qualitative Disclosur) Tj ET Q q 0 0 0 rg BT 268.99 350.10 Td (es ) Tj ET Q q 0 0 0 rg BT 279.27 350.10 Td (About Market Risk) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 330.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 330.10 Td (e are exposed to financial risk resulting from volatility in foreign exchange rates, commodity prices and interest rates.) Tj ET Q q 0 0 0 rg BT 531.64 330.10 Td (This ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 318.10 Td (risk is closely monitored and managed through the use of financial derivative instruments including foreign currency forward ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 306.10 Td (contracts, commodity zero-cost collars and interest rate swaps.) Tj ET Q q 0 0 0 rg BT 303.07 306.10 Td (These instruments, as further described below) Tj ET Q q 0 0 0 rg BT 486.25 306.10 Td (, are accounted for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 294.10 Td (as cash flow or fair value hedges or as economic hedges not designated as hedges for accounting purposes. Financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 282.10 Td (derivatives are used expressly for hedging purposes and under no circumstances are they used for speculative purposes.) Tj ET Q q 0 0 0 rg BT 530.22 282.10 Td (When ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 270.10 Td (material, we adjust the estimated fair value of our derivative contracts for counter) Tj ET Q q 0 0 0 rg BT 376.05 270.10 Td (-party or our credit risk. None of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 258.10 Td (derivative instruments are subject to collateral requirements. Substantially all of our derivative contracts are subject to master ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 246.10 Td (netting arrangements which provide us with the option to settle certain contracts on a net basis when they settle on the same ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 234.10 Td (day with the same currency) Tj ET Q q 0 0 0 rg BT 159.31 234.10 Td (.In addition, these arrangements provide for a net settlement of all contracts with a given ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 222.10 Td (counterparty in the event that the arrangement is terminated due to the occurrence of default or a termination event.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.20 222.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (The following describes our risk exposures and provides the results of a sensitivity analysis performed as of December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 190.10 Td (. ) Tj ET Q q 0 0 0 rg BT 74.82 190.10 Td (The sensitivity analysis assumes instantaneous, parallel shifts in foreign currency exchange rates and commodity prices.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 170.10 Td (For) Tj ET Q q 0 0 0 rg BT 65.37 170.10 Td (eign Exchange Rates) Tj ET Q BT /F2 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 150.10 Td (As a result of our international business presence, we are exposed to foreign currency exchange risks.) Tj ET Q q 0 0 0 rg BT 458.56 150.10 Td (W) Tj ET Q q 0 0 0 rg BT 467.20 150.10 Td (e transact business in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 138.10 Td (foreign currencies and, as a result, our income experiences some volatility related to movements in foreign currency exchange ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 126.10 Td (rates.) Tj ET Q q 0 0 0 rg BT 73.70 126.10 Td (T) Tj ET Q q 0 0 0 rg BT 79.11 126.10 Td (o help manage our exposure to exchange rate volatility) Tj ET Q q 0 0 0 rg BT 297.82 126.10 Td (, we use foreign currency forward contracts on a regular basis to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 114.10 Td (hedge forecasted intercompany and third-party sales and purchases denominated in non-functional currencies.Our internal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 102.10 Td (policy allows for managing anticipated foreign currency cash flows for up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.35 102.10 Td (one year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.94 102.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.44 102.10 Td () Tj ET Q q 0 0 0 rg BT 397.76 102.10 Td (These foreign currency forward ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 90.10 Td (contracts are designated and qualify as foreign currency cash flow hedges under GAAP) Tj ET Q q 0 0 0 rg BT 398.76 90.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.26 90.10 Td ( For the years ended December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 78.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 78.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.44 78.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.44 78.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.44 78.10 Td (there were no circumstances that would have resulted in the discontinuance of a foreign currency cash flow ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 66.10 Td (hedge.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.38 66.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 121 0 obj <>] /Rotate 0 /Contents 122 0 R>> endobj 122 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.41 742.10 Td (o minimize the income volatility resulting from the remeasurement of net monetary assets and payables denominated in a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (currency other than the functional currency) Tj ET Q q 0 0 0 rg BT 222.32 730.10 Td (, we enter into foreign currency forward contracts, which are considered economic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (hedges.) Tj ET Q q 0 0 0 rg BT 82.59 718.10 Td (The objective is to of) Tj ET Q q 0 0 0 rg BT 167.38 718.10 Td (fset the gain or loss from remeasurement with the gain or loss from the fair market valuation of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (the forward contract.) Tj ET Q q 0 0 0 rg BT 135.89 706.10 Td (These derivative instruments are not designated as hedges under GAAP) Tj ET Q q 0 0 0 rg BT 421.65 706.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 706.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 686.10 Td (As of December31, 2014, the potential gain or loss in the fair value of our outstanding foreign currency contracts, assuming a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 674.10 Td (hypothetical ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.93 674.10 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.93 674.10 Td ( percent fluctuation in the currencies of such contracts, would be approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.20 674.10 Td ($21 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.59 674.10 Td (. ) Tj ET Q q 0 0 0 rg BT 484.41 674.10 Td (The sensitivity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 662.10 Td (analysis of the ef) Tj ET Q q 0 0 0 rg BT 117.85 662.10 Td (fects of changes in foreign currency exchange rates assumes the notional value to remain constant for the next ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 650.10 Td (12months. ) Tj ET Q q 0 0 0 rg BT 96.77 650.10 Td (The analysis ignores the impact of foreign exchange movements on our competitive position and potential changes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 638.10 Td (in sales levels. ) Tj ET Q q 0 0 0 rg BT 109.99 638.10 Td (Any change in the value of the contracts, real or hypothetical, would be significantly of) Tj ET Q q 0 0 0 rg BT 459.14 638.10 Td (fset by an inverse change ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.10 Td (in the value of the underlying hedged items) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.56 626.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 606.10 Td (Inter) Tj ET Q q 0 0 0 rg BT 71.48 606.10 Td (est Rate Risk) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 127.58 606.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 586.10 Td (e are exposed to market risk from fluctuations in interest rates.) Tj ET Q q 0 0 0 rg BT 311.15 586.10 Td (W) Tj ET Q q 0 0 0 rg BT 319.79 586.10 Td (e manage our exposure to interest rate fluctuations through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (the use of interest rate swaps.) Tj ET Q q 0 0 0 rg BT 170.06 574.10 Td (The objective of the swaps is to more ef) Tj ET Q q 0 0 0 rg BT 329.83 574.10 Td (fectively balance our borrowing costs and interest rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (risk.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 562.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 542.10 Td (In February 2014, we settled our November 2005 interest rate swap which previously converted our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.11 542.10 Td ($250 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.50 542.10 Td ( debt issue, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 530.10 Td (due in 2028, from a fixed rate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.13 530.10 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.46 530.10 Td (7.125 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.88 530.10 Td ( to a floating rate based on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.45 530.10 Td (LIBOR) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.45 530.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.95 530.10 Td (plus a spread.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.66 530.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.61 530.10 Td (Also, in February 2014, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 518.10 Td (entered into a series of interest rate swaps to ef) Tj ET Q q 0 0 0 rg BT 237.25 518.10 Td (fectively convert our September 2013, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.31 518.10 Td ($500 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.70 518.10 Td ( debt issue, due in 2023, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 506.10 Td (from a fixed rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.24 506.10 Td (3.65 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.66 506.10 Td ( to a floating rate equal to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.62 506.10 Td (one-month LIBOR) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.44 506.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.94 506.10 Td (plus a spread.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.65 506.10 Td ( ) Tj ET Q q 0 0 0 rg BT 434.97 506.10 Td (The terms of the swaps mirror ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 494.10 Td (those of the debt, with interest paid semi-annually) Tj ET Q q 0 0 0 rg BT 249.30 494.10 Td (. ) Tj ET Q q 0 0 0 rg BT 254.12 494.10 Td (The swaps were designated, and will be accounted for) Tj ET Q q 0 0 0 rg BT 470.03 494.10 Td (, as fair value hedges ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 482.10 Td (under GAAP) Tj ET Q q 0 0 0 rg BT 101.39 482.10 Td (. ) Tj ET Q q 0 0 0 rg BT 106.21 482.10 Td (The gain or loss on these derivative instruments, as well as the of) Tj ET Q q 0 0 0 rg BT 366.80 482.10 Td (fsetting gain or loss on the hedged item ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 470.10 Td (attributable to the hedged risk, are recognized in current income as Interest expense. ) Tj ET Q q 0 0 0 rg BT 397.72 470.10 Td (The net swap settlements that accrue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 458.10 Td (each period are also reported in interest expense.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 438.10 Td (The following table summarizes these gains and losses for the years presented below:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.12 438.10 Td ( ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 51.00 380.60 125.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 176.00 380.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 180.00 380.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.00 380.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 244.00 380.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.00 380.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.00 380.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.00 380.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.00 380.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 380.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.00 380.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 380.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 380.60 60.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 180 414.6 m 240 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 414.6 m 244 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244 414.6 m 304 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304 414.6 m 308 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308 414.6 m 368 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 414.6 m 372 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372 414.6 m 432 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 414.6 m 436 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 414.6 m 496 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 414.6 m 500 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 414.6 m 560 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 180 401.6 m 240 401.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 401.6 m 244 401.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244 401.6 m 304 401.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308 401.6 m 368 401.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 401.6 m 372 401.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372 401.6 m 432 401.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 414.6 m 496 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 401.6 m 496 401.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 414.6 m 500 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 401.6 m 500 401.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 414.6 m 560 414.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 401.6 m 560 401.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 180 380.6 m 240 380.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244 380.6 m 304 380.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308 380.6 m 368 380.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372 380.6 m 432 380.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 380.6 m 496 380.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 380.6 m 500 380.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 380.6 m 560 380.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436 380.6 m 496 380.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 380.6 m 560 380.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.50 418.33 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 324.45 418.83 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.50 405.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 233.50 405.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.50 405.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 489.50 405.83 Td (2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.50 384.83 Td (Income Statement Classification) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 184.25 392.83 Td (Gain/\(Loss\)on) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 198.60 384.83 Td (Swaps) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 248.25 392.83 Td (Gain/\(Loss\)on) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 253.55 384.83 Td (Borrowings) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 312.25 392.83 Td (Gain/\(Loss\)on) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 326.60 384.83 Td (Swaps) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 376.25 392.83 Td (Gain/\(Loss\)on) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 381.55 384.83 Td (Borrowings) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 440.25 392.83 Td (Gain/\(Loss\)on) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 454.60 384.83 Td (Swaps) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 504.25 392.83 Td (Gain/\(Loss\)on) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 509.55 384.83 Td (Borrowings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.50 371.17 Td (Interest expense ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 120.69 375.70 Td (\(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 182.50 371.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 226.15 371.28 Td (23) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 246.50 371.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 286.80 371.28 Td (\(19) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.15 371.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.50 371.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.80 371.22 Td (\(39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 371.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.50 371.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 371.17 Td (39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.50 371.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.15 371.17 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.50 371.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.80 371.22 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.15 371.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 50.00 359.90 Td (___________________________________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 50.00 353.93 Td (\(1\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.06 350.30 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 57.92 350.30 Td (The dif) Tj ET Q q 0 0 0 rg BT 81.10 350.30 Td (ference between the gain/\(loss\) on swaps and borrowings represents hedge inef) Tj ET Q q 0 0 0 rg BT 334.20 350.30 Td (fectiveness.) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 330.30 Td (Commodity Price Risk) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 147.21 330.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.30 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 310.30 Td (e are exposed to fluctuations in commodity prices due to contractual agreements with component suppliers.In order to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.30 Td (protect ourselves against future price volatility and, consequently) Tj ET Q q 0 0 0 rg BT 310.38 298.30 Td (, fluctuations in gross mar) Tj ET Q q 0 0 0 rg BT 414.35 298.30 Td (gins, we periodically enter into ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.30 Td (commodity zero-cost collar contracts with designated banks to fix the cost of certain raw material purchases with the objective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.30 Td (of minimizing changes in inventory cost due to market price fluctuations. ) Tj ET Q q 0 0 0 rg BT 345.85 274.30 Td (W) Tj ET Q q 0 0 0 rg BT 354.49 274.30 Td (e have commodity zero-cost collar contracts that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.30 Td (represent an economic hedge, but are not designated for hedge accounting and are marked to market through earnings. Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.30 Td (internal policy allows for managing our cash flow hedges for up to three years.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.46 250.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.96 250.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 230.30 Td (As of December31, 2014, the potential gain or loss related to the outstanding commodity zero-cost collar contracts, assuming a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 218.30 Td (hypothetical ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.93 218.30 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.93 218.30 Td ( percent fluctuation in the price of such commodities, was) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.53 218.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.03 218.30 Td ($2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.42 218.30 Td (. ) Tj ET Q q 0 0 0 rg BT 392.24 218.30 Td (The sensitivity analysis of the ef) Tj ET Q q 0 0 0 rg BT 521.75 218.30 Td (fects of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 206.30 Td (changes in commodity prices assumes the notional value to remain constant for the next 12months. ) Tj ET Q q 0 0 0 rg BT 451.12 206.30 Td (The analysis ignores the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 194.30 Td (impact of commodity price movements on our competitive position and potential changes in sales levels. ) Tj ET Q q 0 0 0 rg BT 471.57 194.30 Td (Any change in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 182.30 Td (value of the zero-cost collar contracts, real or hypothetical, would be significantly of) Tj ET Q q 0 0 0 rg BT 388.03 182.30 Td (fset by an inverse change in the value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 170.30 Td (the underlying hedged items.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.08 170.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 123 0 obj <>] /Rotate 0 /Contents 124 0 R>> endobj 124 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (61) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (ITEM 8.Financial Statements and Supplementary Data) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 714.25 Td (Index to Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 694.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 694.25 Td (Management's Report to Shar) Tj ET Q q 0 0 0 rg BT 214.97 694.25 Td (eholders) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 676.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 86.00 676.25 Td (Report of Independent Register) Tj ET Q q 0 0 0 rg BT 221.08 676.25 Td (ed Public ) Tj ET Q q 0 0 0 rg BT 262.76 676.25 Td (Accounting Firm) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 658.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 86.00 658.25 Td (Consolidated Statements of Income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.84 658.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 234.34 658.25 Td (for) Tj ET Q q 0 0 0 rg BT 246.93 658.25 Td ( the years ended December) Tj ET Q q 0 0 0 rg BT 361.71 658.25 Td (31, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.21 658.25 Td (2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 399.21 658.25 Td (, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 404.21 658.25 Td (2013) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 424.21 658.25 Td ( and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.34 658.25 Td (2012) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.34 658.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 640.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 86.00 640.25 Td (Consolidated Statements of Comprehensive Income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.23 640.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.73 640.25 Td (for) Tj ET Q q 0 0 0 rg BT 313.31 640.25 Td ( the years ended December) Tj ET Q q 0 0 0 rg BT 428.10 640.25 Td (31, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.60 640.25 Td (2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.60 640.25 Td (, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 470.60 640.25 Td (2013) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.60 640.25 Td ( and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 511.72 640.25 Td (2012) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 531.72 640.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 622.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 86.00 622.25 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.45 622.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 207.95 622.25 Td (at December) Tj ET Q q 0 0 0 rg BT 261.91 622.25 Td (31, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 279.41 622.25 Td (2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.41 622.25 Td ( and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 320.53 622.25 Td (2013) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 340.53 622.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 604.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 86.00 604.25 Td (Consolidated Statements of Cash Flows) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.36 604.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 251.86 604.25 Td (for) Tj ET Q q 0 0 0 rg BT 264.45 604.25 Td ( the years ended December) Tj ET Q q 0 0 0 rg BT 379.24 604.25 Td (31, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.74 604.25 Td (2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.74 604.25 Td (, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.74 604.25 Td (2013) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.74 604.25 Td ( and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.86 604.25 Td (2012) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 482.86 604.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 586.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 86.00 586.25 Td (Consolidated Statements of Changes in Equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.42 586.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 279.92 586.25 Td (for) Tj ET Q q 0 0 0 rg BT 292.51 586.25 Td ( the years ended December) Tj ET Q q 0 0 0 rg BT 407.29 586.25 Td (31, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 424.79 586.25 Td (2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.79 586.25 Td (, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.79 586.25 Td (2013) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 469.79 586.25 Td ( and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 490.92 586.25 Td (2012) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 510.92 586.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 568.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 86.00 568.25 Td (Notes to Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.80 548.32 Td (NOTE 1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.00 548.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.00 548.32 Td (SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.80 534.32 Td (NOTE 2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.00 534.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.00 534.32 Td (ACQUISITIONS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.80 520.32 Td (NOTE 3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.00 520.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.00 520.32 Td (INVESTMENTS IN EQUITY INVESTEES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.80 506.32 Td (NOTE 4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.00 506.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.00 506.32 Td (INCOME TAXES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.80 492.32 Td (NOTE 5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.00 492.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.00 492.32 Td (MARKETABLE SECURITIES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.80 478.32 Td (NOTE 6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.00 478.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.00 478.32 Td (INVENTORIES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.80 464.32 Td (NOTE 7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.00 464.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.00 464.32 Td (PROPERTY, PLANT AND EQUIPMENT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.80 450.32 Td (NOTE 8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.00 450.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.00 450.32 Td (GOODWILL AND OTHER INTANGIBLE ASSETS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.80 436.32 Td (NOTE 9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.00 436.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.00 436.32 Td (DEBT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.80 422.32 Td (NOTE 10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.00 422.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.00 422.32 Td (PRODUCT WARRANTY LIABILITY) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.20 408.32 Td (NOTE 11) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.00 408.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.00 408.32 Td (PENSION AND OTHER POSTRETIREMENT BENEFITS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.80 394.32 Td (NOTE 12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.00 394.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.00 394.32 Td (OTHER LIABILITIES AND DEFERRED REVENUE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.80 380.32 Td (NOTE 13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.00 380.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.00 380.32 Td (COMMITMENTS AND CONTINGENCIES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.80 366.32 Td (NOTE 14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.00 366.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.00 366.32 Td (SHAREHOLDERS' EQUITY) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.80 352.32 Td (NOTE 15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.00 352.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.00 352.32 Td (ACCUMULATED OTHER COMPREHENSIVE INCOME \(LOSS\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.80 338.32 Td (NOTE 16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.00 338.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.00 338.32 Td (STOCK INCENTIVE AND STOCK OPTION PLANS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.80 324.32 Td (NOTE 17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.00 324.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.00 324.32 Td (NONCONTROLLING INTERESTS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.80 310.32 Td (NOTE 18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.00 310.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.00 310.32 Td (EARNINGS PER SHARE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.80 296.32 Td (NOTE 19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.00 296.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.00 296.32 Td (OPERATING SEGMENTS) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 268.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 86.00 268.25 Td (Selected Quarterly Financial Data \(Unaudited\)) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 125 0 obj <>] /Rotate 0 /Contents 126 0 R>> endobj 126 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (62) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 191.00 742.25 Td (MANAGEMENT'S REPOR) Tj ET Q q 0 0 0 rg BT 312.04 742.25 Td (T) Tj ET Q q 0 0 0 rg BT 318.53 742.25 Td ( ) Tj ET Q q 0 0 0 rg BT 320.85 742.25 Td (T) Tj ET Q q 0 0 0 rg BT 327.34 742.25 Td (O SHAREHOLDERS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (Management's Report on Financial Statements and Practices) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 702.25 Td (The accompanying ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 128.86 702.25 Td (Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.40 702.25 Td ( of CumminsInc. were prepared by management, which is responsible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 690.25 Td (for their integrity and objectivity) Tj ET Q q 0 0 0 rg BT 180.42 690.25 Td (. ) Tj ET Q q 0 0 0 rg BT 185.24 690.25 Td (The statements were prepared in accordance with generally accepted accounting principles ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 678.25 Td (and include amounts that are based on management's best judgments and estimates. ) Tj ET Q q 0 0 0 rg BT 386.25 678.25 Td (The other financial information included in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 666.25 Td (the annual report is consistent with that in the financial statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (Management also recognizes its responsibility for conducting our af) Tj ET Q q 0 0 0 rg BT 321.97 646.25 Td (fairs according to the highest standards of personal and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (corporate conduct. ) Tj ET Q q 0 0 0 rg BT 126.73 634.25 Td (This responsibility is characterized and reflected in key policy statements issued from time to time ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (regarding, among other things, conduct of its business activities within the laws of the host countries in which we operate, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (within ) Tj ET Q q 0 0 0 rg BT 77.88 610.25 Td (The Foreign Corrupt Practices ) Tj ET Q q 0 0 0 rg BT 201.18 610.25 Td (Act and potentially conflicting interests of its employees. ) Tj ET Q q 0 0 0 rg BT 432.33 610.25 Td (W) Tj ET Q q 0 0 0 rg BT 440.97 610.25 Td (e maintain a systematic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (program to assess compliance with these policies.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 578.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.41 578.25 Td (o comply with the requirements of Section404 of the Sarbanes-Oxley ) Tj ET Q q 0 0 0 rg BT 337.29 578.25 Td (Act of 2002, we designed and implemented a structured ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.25 Td (and comprehensive compliance process to evaluate our internal control over financial reporting across the enterprise.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 546.25 Td (Management's Report on Internal Contr) Tj ET Q q 0 0 0 rg BT 223.69 546.25 Td (ol Over) Tj ET Q q 0 0 0 rg BT 255.44 546.25 Td ( Financial Reporting) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (The management of CumminsInc. is responsible for establishing and maintaining adequate internal control over financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (reporting. Internal control over financial reporting is a process designed to provide reasonable assurance regarding the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (reliability of financial reporting and preparation of our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 270.47 502.25 Td (Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.02 502.25 Td ( for external purposes in accordance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (with accounting principles generally accepted in the United States of ) Tj ET Q q 0 0 0 rg BT 327.13 490.25 Td (America.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 470.25 Td (Management assessed the ef) Tj ET Q q 0 0 0 rg BT 163.39 470.25 Td (fectiveness of our internal control over financial reporting and concluded it was ef) Tj ET Q q 0 0 0 rg BT 491.97 470.25 Td (fective as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 458.25 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 458.25 Td (. In making its assessment, management utilized the criteria set forth by the Committee of Sponsoring ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 446.25 Td (Or) Tj ET Q q 0 0 0 rg BT 60.37 446.25 Td (ganizations of the ) Tj ET Q q 0 0 0 rg BT 133.78 446.25 Td (T) Tj ET Q q 0 0 0 rg BT 139.54 446.25 Td (readway Commission in Internal ControlIntegrated Framework \(2013\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 426.25 Td (The ef) Tj ET Q q 0 0 0 rg BT 75.63 426.25 Td (fectiveness of our internal control over financial reporting as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.65 426.25 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.23 426.25 Td (, has been audited by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 414.25 Td (PricewaterhouseCoopersLLP) Tj ET Q q 0 0 0 rg BT 168.58 414.25 Td (, an independent registered public accounting firm, as stated in their report which appears herein.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 394.25 Td (Officer) Tj ET Q q 0 0 0 rg BT 80.35 394.25 Td ( Certifications) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 374.25 Td (Please refer to Exhibits31\(a\) and 31\(b\) attached to this report for certifications required under Section302 of the Sarbanes-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 362.25 Td (Oxley ) Tj ET Q q 0 0 0 rg BT 76.39 362.25 Td (Act of 2002.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 73 328.75 m 295 328.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316 328.75 m 538 328.75 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.45 333.42 Td (/s/N. THOMAS LINEBARGER) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.50 334.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.80 333.42 Td (/s/PATRICK J. WARD) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 106.25 318.46 Td (Chairman and Chief Executive Officer) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.50 319.32 Td () Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 340.80 318.46 Td (Vice President and Chief Financial Officer) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 127 0 obj <>] /Rotate 0 /Contents 128 0 R>> endobj 128 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (63) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Report of Independent Register) Tj ET Q q 0 0 0 rg BT 185.08 742.25 Td (ed Public ) Tj ET Q q 0 0 0 rg BT 226.76 742.25 Td (Accounting Firm) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.41 722.25 Td (o the Board of Directors and Shareholders of CumminsInc.:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 702.25 Td (In our opinion, the consolidated financial statements listed in the accompanying index present fairly) Tj ET Q q 0 0 0 rg BT 449.24 702.25 Td (, in all material respects, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 690.25 Td (financial position of Cummins Inc. and its subsidiaries at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.52 690.25 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.11 690.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.54 690.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.54 690.25 Td (, and the results of their operations and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 678.25 Td (their cash flows for each of the three years in the period ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.84 678.25 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.42 678.25 Td ( in conformity with accounting principles ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 666.25 Td (generally accepted in the United States of ) Tj ET Q q 0 0 0 rg BT 218.55 666.25 Td (America. ) Tj ET Q q 0 0 0 rg BT 259.92 666.25 Td (Also in our opinion, the Company maintained, in all material respects, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 654.25 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 654.25 Td (fective internal control over financial reporting as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.72 654.25 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.31 654.25 Td (, based on criteria established in ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 479.10 654.25 Td (Internal Contr) Tj ET Q q 0 0 0 rg BT 536.78 654.25 Td (ol - ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 642.25 Td (Integrated Framework \(2013\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.98 642.25 Td ( issued by the Committee of Sponsoring Or) Tj ET Q q 0 0 0 rg BT 343.39 642.25 Td (ganizations of the ) Tj ET Q q 0 0 0 rg BT 416.80 642.25 Td (T) Tj ET Q q 0 0 0 rg BT 422.56 642.25 Td (readway Commission \(COSO\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 630.25 Td (The Company's management is responsible for these financial statements, for maintaining ef) Tj ET Q q 0 0 0 rg BT 419.85 630.25 Td (fective internal control over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 618.25 Td (financial reporting and for its assessment of the ef) Tj ET Q q 0 0 0 rg BT 249.76 618.25 Td (fectiveness of internal control over financial reporting, included in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 606.25 Td (accompanying "Management's Report on Internal Control Over Financial Reporting." Our responsibility is to express opinions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 594.25 Td (on these financial statements and on the Company's internal control over financial reporting based on our integrated audits. ) Tj ET Q q 0 0 0 rg BT 547.03 594.25 Td (W) Tj ET Q q 0 0 0 rg BT 555.67 594.25 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 582.25 Td (conducted our audits in accordance with the standards of the Public Company ) Tj ET Q q 0 0 0 rg BT 363.25 582.25 Td (Accounting Oversight Board \(United States\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 570.25 Td (Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 558.25 Td (statements are free of material misstatement and whether ef) Tj ET Q q 0 0 0 rg BT 288.05 558.25 Td (fective internal control over financial reporting was maintained in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 546.25 Td (all material respects. Our audits of the financial statements included examining, on a test basis, evidence supporting the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 534.25 Td (amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 522.25 Td (management, and evaluating the overall financial statement presentation. Our audit of internal control over financial reporting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 510.25 Td (included obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 498.25 Td (exists, and testing and evaluating the design and operating ef) Tj ET Q q 0 0 0 rg BT 293.09 498.25 Td (fectiveness of internal control based on the assessed risk. Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 486.25 Td (audits also included performing such other procedures as we considered necessary in the circumstances. ) Tj ET Q q 0 0 0 rg BT 468.29 486.25 Td (W) Tj ET Q q 0 0 0 rg BT 476.92 486.25 Td (e believe that our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 474.25 Td (audits provide a reasonable basis for our opinions.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 450.25 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 450.25 Td ( ) Tj ET Q q 0 0 0 rg BT 58.30 450.25 Td (company) Tj ET Q q 0 0 0 rg BT 97.74 450.25 Td (s ) Tj ET Q q 0 0 0 rg BT 103.26 450.25 Td (internal ) Tj ET Q q 0 0 0 rg BT 135.43 450.25 Td (control ) Tj ET Q q 0 0 0 rg BT 165.39 450.25 Td (over ) Tj ET Q q 0 0 0 rg BT 184.79 450.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 221.41 450.25 Td (reporting ) Tj ET Q q 0 0 0 rg BT 259.69 450.25 Td (is ) Tj ET Q q 0 0 0 rg BT 268.00 450.25 Td (a ) Tj ET Q q 0 0 0 rg BT 274.07 450.25 Td (process ) Tj ET Q q 0 0 0 rg BT 305.69 450.25 Td (designed ) Tj ET Q q 0 0 0 rg BT 342.87 450.25 Td (to ) Tj ET Q q 0 0 0 rg BT 352.28 450.25 Td (provide ) Tj ET Q q 0 0 0 rg BT 384.46 450.25 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 428.84 450.25 Td (assurance ) Tj ET Q q 0 0 0 rg BT 469.34 450.25 Td (regarding ) Tj ET Q q 0 0 0 rg BT 509.29 450.25 Td (the ) Tj ET Q q 0 0 0 rg BT 523.14 450.25 Td (reliability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 438.25 Td (of ) Tj ET Q q 0 0 0 rg BT 61.59 438.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 99.84 438.25 Td (reporting ) Tj ET Q q 0 0 0 rg BT 139.76 438.25 Td (and ) Tj ET Q q 0 0 0 rg BT 157.46 438.25 Td (the ) Tj ET Q q 0 0 0 rg BT 172.94 438.25 Td (preparation ) Tj ET Q q 0 0 0 rg BT 221.74 438.25 Td (of ) Tj ET Q q 0 0 0 rg BT 233.33 438.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 271.58 438.25 Td (statements ) Tj ET Q q 0 0 0 rg BT 317.05 438.25 Td (for ) Tj ET Q q 0 0 0 rg BT 331.98 438.25 Td (external ) Tj ET Q q 0 0 0 rg BT 367.44 438.25 Td (purposes ) Tj ET Q q 0 0 0 rg BT 406.26 438.25 Td (in ) Tj ET Q q 0 0 0 rg BT 417.30 438.25 Td (accordance ) Tj ET Q q 0 0 0 rg BT 465.53 438.25 Td (with ) Tj ET Q q 0 0 0 rg BT 486.57 438.25 Td (generally ) Tj ET Q q 0 0 0 rg BT 527.04 438.25 Td (accepted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 426.25 Td (accounting ) Tj ET Q q 0 0 0 rg BT 95.86 426.25 Td (principles. ) Tj ET Q q 0 0 0 rg BT 139.34 426.25 Td (A) Tj ET Q q 0 0 0 rg BT 146.01 426.25 Td ( ) Tj ET Q q 0 0 0 rg BT 148.00 426.25 Td (company) Tj ET Q q 0 0 0 rg BT 187.44 426.25 Td (s ) Tj ET Q q 0 0 0 rg BT 193.32 426.25 Td (internal ) Tj ET Q q 0 0 0 rg BT 225.85 426.25 Td (control ) Tj ET Q q 0 0 0 rg BT 256.16 426.25 Td (over ) Tj ET Q q 0 0 0 rg BT 275.92 426.25 Td (financial ) Tj ET Q q 0 0 0 rg BT 312.89 426.25 Td (reporting ) Tj ET Q q 0 0 0 rg BT 351.53 426.25 Td (includes ) Tj ET Q q 0 0 0 rg BT 386.85 426.25 Td (those ) Tj ET Q q 0 0 0 rg BT 409.94 426.25 Td (policies ) Tj ET Q q 0 0 0 rg BT 443.04 426.25 Td (and ) Tj ET Q q 0 0 0 rg BT 459.46 426.25 Td (procedures ) Tj ET Q q 0 0 0 rg BT 505.32 426.25 Td (that ) Tj ET Q q 0 0 0 rg BT 522.30 426.25 Td (\(i\)pertain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 414.25 Td (to ) Tj ET Q q 0 0 0 rg BT 60.00 414.25 Td (the ) Tj ET Q q 0 0 0 rg BT 74.44 414.25 Td (maintenance ) Tj ET Q q 0 0 0 rg BT 127.18 414.25 Td (of ) Tj ET Q q 0 0 0 rg BT 137.74 414.25 Td (records ) Tj ET Q q 0 0 0 rg BT 169.38 414.25 Td (that, ) Tj ET Q q 0 0 0 rg BT 189.10 414.25 Td (in ) Tj ET Q q 0 0 0 rg BT 199.10 414.25 Td (reasonable ) Tj ET Q q 0 0 0 rg BT 244.07 414.25 Td (detail, ) Tj ET Q q 0 0 0 rg BT 271.01 414.25 Td (accurately ) Tj ET Q q 0 0 0 rg BT 314.31 414.25 Td (and ) Tj ET Q q 0 0 0 rg BT 330.97 414.25 Td (fairly ) Tj ET Q q 0 0 0 rg BT 354.84 414.25 Td (reflect ) Tj ET Q q 0 0 0 rg BT 382.59 414.25 Td (the ) Tj ET Q q 0 0 0 rg BT 397.03 414.25 Td (transactions ) Tj ET Q q 0 0 0 rg BT 447.02 414.25 Td (and ) Tj ET Q q 0 0 0 rg BT 463.68 414.25 Td (dispositions ) Tj ET Q q 0 0 0 rg BT 513.68 414.25 Td (of ) Tj ET Q q 0 0 0 rg BT 524.24 414.25 Td (the ) Tj ET Q q 0 0 0 rg BT 538.67 414.25 Td (assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 402.25 Td (of ) Tj ET Q q 0 0 0 rg BT 61.16 402.25 Td (the ) Tj ET Q q 0 0 0 rg BT 76.21 402.25 Td (company; 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[] 0 d 0 J 0 j 3 M 465 392.6 m 511 392.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465 394.6 m 511 394.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515 392.6 m 562 392.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515 394.6 m 562 394.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 689.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.95 688.83 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 675.83 Td (Inmillions,exceptpershareamounts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.50 675.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 479.50 675.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.00 675.83 Td (2012) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 662.28 Td (NET) Tj ET Q q 0 0 0 rg BT 72.88 662.28 Td ( SALES ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 109.57 666.81 Td (\(a\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.50 662.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 429.60 662.28 Td (19,221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.50 662.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.60 662.17 Td (17,301) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.50 662.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.60 662.17 Td (17,334) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 648.17 Td (Cost of sales \(Note 1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 429.60 648.28 Td (14,360) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.60 648.17 Td (13,021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.60 648.17 Td (12,918) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 634.28 Td (GROSS MARGIN) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.65 634.28 Td (4,861) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 634.17 Td (4,280) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 634.17 Td (4,416) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 606.28 Td (OPERATING EXPENSES AND INCOME) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.50 606.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.50 606.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.50 606.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 592.17 Td (Selling, general and administrative expenses \(Note 1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.65 592.33 Td (2,095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 592.17 Td (1,817) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 592.17 Td (1,808) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 579.17 Td (Research, development and engineering expenses) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.15 579.33 Td (754) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 579.17 Td (713) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 579.17 Td (728) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 566.17 Td (Equity, royalty and interest income from investees \(Note 3\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.15 566.33 Td (370) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 566.17 Td (361) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 566.17 Td (384) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 553.17 Td (Other operating income \(expense\), net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.80 553.38 Td (\(17) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.15 553.33 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.80 553.22 Td (\(10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.15 553.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.80 553.22 Td (\(10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 553.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 540.33 Td (OPERATING INCOME) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.65 540.33 Td (2,365) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 540.17 Td (2,101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 540.17 Td (2,254) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 514.17 Td (Interest income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.15 514.33 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.15 514.17 Td (27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 514.17 Td (25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 501.17 Td (Interest expense \(Note 9\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.15 501.33 Td (64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.15 501.17 Td (41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 501.17 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 488.17 Td (Other income \(expense\), net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.15 488.33 Td (110) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.15 488.17 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 488.17 Td (24) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 475.33 Td (INCOME BEFORE INCOME TAXES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.65 475.33 Td (2,434) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 475.17 Td (2,119) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 475.17 Td (2,271) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 449.17 Td (Income tax expense \(Note 4\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.15 449.33 Td (698) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 449.17 Td (531) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 449.17 Td (533) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 436.33 Td (CONSOLIDATED NET INCOME) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.65 436.33 Td (1,736) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 436.17 Td (1,588) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 436.17 Td (1,738) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 410.17 Td (Less: Net income attributable to noncontrolling interests) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 447.15 410.33 Td (85) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 410.17 Td (105) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 410.17 Td (93) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 397.33 Td (NET INCOME ATTRIBUTABLE TO CUMMINS INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.50 397.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.65 397.33 Td (1,651) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.50 397.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 397.17 Td (1,483) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.50 397.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 397.17 Td (1,645) Tj ET Q BT /F2 9.40 Tf ET q 0 0 0 rg BT 52.50 371.73 Td (EARNINGS PER COMMON SHARE ATTRIBUTABLE TO CUMMINS INC. \(Note 18\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.50 371.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.50 371.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.50 371.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 358.17 Td (Basic) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.50 358.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.65 358.33 Td (9.04) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.50 358.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 358.17 Td (7.93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.50 358.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 358.17 Td (8.69) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 345.17 Td (Diluted) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.50 345.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.65 345.33 Td (9.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.50 345.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 345.17 Td (7.91) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.50 345.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.65 345.17 Td (8.67) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 49.50 334.90 Td (____________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 49.50 325.93 Td (\(a\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.00 322.30 Td (Includes sales to nonconsolidated equity investees of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 234.29 322.30 Td ($2,063 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 281.41 322.30 Td (, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 285.41 322.30 Td ($2,319 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 332.52 322.30 Td ( and ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 348.07 322.30 Td ($2,427 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 395.18 322.30 Td ( for the years ended December31, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 507.13 322.30 Td (2014) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 523.13 322.30 Td (, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 527.13 322.30 Td (2013) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 543.13 322.30 Td ( and ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.00 312.70 Td (2012) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 79.00 312.70 Td (, respectively) Tj ET Q q 0 0 0 rg BT 121.13 312.70 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 138.25 292.70 Td (The accompanying notes ar) Tj ET Q q 0 0 0 rg BT 248.69 292.70 Td (e an integral part of our Consolidated Financial Statements.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 131 0 obj <>] /Rotate 0 /Contents 132 0 R>> endobj 132 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (65) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 220.95 742.25 Td (CUMMINSINC. ) Tj ET Q q 0 0 0 rg BT 296.23 742.25 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 154.75 724.25 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 214.57 724.25 Td (TED ST) Tj ET Q q 0 0 0 rg BT 249.13 724.25 Td (A) Tj ET Q q 0 0 0 rg BT 255.60 724.25 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 320.52 724.25 Td ( COMPREHENSIVE INCOME) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 683.75 353.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 683.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 683.75 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 683.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.50 683.75 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 683.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.50 683.75 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 653.75 353.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 653.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 653.75 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 653.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.50 653.75 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 653.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.50 653.75 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 623.75 353.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 623.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 623.75 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 623.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.50 623.75 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 623.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.50 623.75 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 593.75 353.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 593.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 593.75 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 593.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.50 593.75 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 593.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.50 593.75 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 563.75 353.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 563.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 563.75 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 563.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.50 563.75 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 563.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.50 563.75 49.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 696.75 m 456.5 696.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 696.75 m 460.5 696.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 696.75 m 509.5 696.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 696.75 m 513.5 696.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 696.75 m 562.5 696.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 683.75 m 456.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 683.75 m 509.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 683.75 m 562.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 593.75 m 456.5 593.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 593.75 m 509.5 593.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 593.75 m 562.5 593.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 578.75 m 456.5 578.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 578.75 m 509.5 578.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 578.75 m 562.5 578.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 548.75 m 456.5 548.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 534.75 m 456.5 534.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 532.75 m 456.5 532.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 548.75 m 509.5 548.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 534.75 m 509.5 534.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 532.75 m 509.5 532.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 548.75 m 562.5 548.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 534.75 m 562.5 534.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 532.75 m 562.5 532.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 701.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 439.45 700.98 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 687.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 423.50 687.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.50 687.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.50 687.98 Td (2012) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 673.43 Td (CONSOLIDATED NET INCOME) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 410.00 673.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.15 673.43 Td (1,736) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.00 673.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.15 673.42 Td (1,588) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.00 673.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 673.42 Td (1,738) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 658.42 Td (Other comprehensive \(loss\) income, net of tax \(Note 15\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.00 658.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 643.42 Td (Foreign currency translation adjustments) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.30 643.48 Td (\(234) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.65 643.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.30 643.47 Td (\(46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.65 643.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 643.42 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 628.42 Td (Unrealized \(loss\) gain on derivatives) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.30 628.48 Td (\(1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.65 628.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.30 628.47 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.65 628.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 628.42 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 613.42 Td (Change in pension and other postretirement defined benefit plans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.30 613.48 Td (\(58) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.65 613.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.65 613.42 Td (183) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 613.47 Td (\(70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 613.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 598.42 Td (Unrealized \(loss\) gain on marketable securities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.30 598.48 Td (\(12) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.65 598.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.65 598.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 598.42 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 583.42 Td (Total other comprehensive \(loss\) income, net of tax) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.30 583.48 Td (\(305) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.65 583.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.65 583.42 Td (137) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 583.47 Td (\(19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 583.42 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 568.43 Td (COMPREHENSIVE INCOME) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.15 568.43 Td (1,431) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.15 568.42 Td (1,725) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 568.42 Td (1,719) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 553.42 Td (Less: Comprehensive income attributable to noncontrolling interests) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.65 553.43 Td (74) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.65 553.42 Td (76) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 553.42 Td (86) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 538.43 Td (COMPREHENSIVE INCOME ATTRIBUTABLE TO CUMMINS INC.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 410.00 538.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.15 538.43 Td (1,357) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.00 538.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.15 538.42 Td (1,649) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.00 538.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 538.42 Td (1,633) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 138.50 514.25 Td (The accompanying notes ar) Tj ET Q q 0 0 0 rg BT 248.94 514.25 Td (e an integral part of our Consolidated Financial Statements.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 133 0 obj <>] /Rotate 0 /Contents 134 0 R>> endobj 134 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 20.10 Td (66) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 220.95 753.75 Td (CUMMINSINC. ) Tj ET Q q 0 0 0 rg BT 296.23 753.75 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 219.40 735.75 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 279.22 735.75 Td (TED BALANCE SHEETS) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 699.25 403.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 699.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 699.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 699.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 699.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 675.25 403.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 675.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 675.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 675.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 675.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 651.25 403.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 651.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 651.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 651.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 651.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 627.25 403.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 627.25 4.00 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gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 555.25 403.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 555.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 555.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 555.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 555.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 531.25 403.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 531.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 531.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 531.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 531.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 507.25 403.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 507.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 507.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 507.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 507.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 483.25 403.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 483.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 483.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 483.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 483.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 463.25 403.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 463.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 463.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 463.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 463.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 439.25 403.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 439.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 439.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 439.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 439.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 415.25 403.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 415.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 415.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 415.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 415.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 391.25 403.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 391.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 391.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 391.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 391.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 367.25 403.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 367.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 367.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 367.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 367.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 343.25 403.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 343.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 343.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 343.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 343.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 319.25 403.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 319.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 319.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 319.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 319.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 295.25 403.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 295.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 295.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 295.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 295.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 271.25 403.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 271.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 271.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 271.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 271.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 247.25 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gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 203.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 179.25 403.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 179.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 179.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 179.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 179.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 155.25 403.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 155.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 155.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 155.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 155.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 131.25 403.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 131.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 131.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 131.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 131.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 107.25 403.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 107.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 107.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 107.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 107.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 83.25 403.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 83.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 83.25 51.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 83.25 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 83.25 51.00 -12.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 712.25 m 507 712.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 712.25 m 511 712.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 712.25 m 562 712.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 699.25 m 507 699.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 699.25 m 562 699.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 699.25 m 507 699.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 699.25 m 562 699.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 651.25 m 507 651.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 651.25 m 562 651.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 579.25 m 507 579.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 579.25 m 562 579.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 567.25 m 507 567.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 567.25 m 562 567.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 483.25 m 507 483.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 483.25 m 511 483.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 483.25 m 562 483.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 470.25 m 507 470.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 472.25 m 507 472.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 470.25 m 562 470.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 472.25 m 562 472.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 343.25 m 507 343.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 343.25 m 562 343.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 331.25 m 507 331.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 331.25 m 562 331.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 271.25 m 507 271.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 271.25 m 562 271.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 259.25 m 507 259.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 259.25 m 562 259.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 131.25 m 507 131.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 131.25 m 562 131.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 119.25 m 507 119.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 119.25 m 562 119.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 95.25 m 507 95.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 95.25 m 562 95.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 83.25 m 507 83.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 72.25 m 507 72.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 70.25 m 507 70.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 83.25 m 562 83.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 72.25 m 562 72.25 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 70.25 m 562 70.25 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 715.98 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 485.25 716.48 Td (December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 51.50 703.48 Td (In millions, except par value) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.00 703.48 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.00 703.48 Td (2013) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 51.50 690.65 Td (ASSETS) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.50 678.51 Td (Current assets) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 458.50 678.16 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 513.50 678.16 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 666.51 Td (Cash and cash equivalents) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 458.50 666.32 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 481.90 666.32 Td (2,301) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 513.50 666.16 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 536.90 666.16 Td (2,699) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 654.51 Td (Marketable securities \(Note 5\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 493.80 654.32 Td (93) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 544.05 654.16 Td (150) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 75.50 642.51 Td (Total cash, cash equivalents and marketable securities) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 481.90 642.32 Td (2,394) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 536.90 642.16 Td (2,849) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 630.51 Td (Accounts and notes receivable, net) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 458.50 630.16 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 513.50 630.16 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 75.50 618.51 Td (Trade and other) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 481.90 618.32 Td (2,744) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 536.90 618.16 Td (2,362) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 75.50 606.51 Td (Nonconsolidated equity investees) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 489.05 606.32 Td (202) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 544.05 606.16 Td (287) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 594.51 Td (Inventories \(Note 6\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 481.90 594.32 Td (2,866) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 536.90 594.16 Td (2,381) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 582.51 Td (Prepaid expenses and other current assets) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 489.05 582.32 Td (849) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 544.05 582.16 Td (760) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 81.50 570.51 Td (Total current assets) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 481.90 570.32 Td (9,055) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 536.90 570.16 Td (8,639) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.50 558.51 Td (Long-term assets) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 458.50 558.16 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 513.50 558.16 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 546.51 Td (Property, plant and equipment, net \(Note 7\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 481.90 546.32 Td (3,686) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 536.90 546.16 Td (3,156) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 534.51 Td (Investments and advances related to equity method investees \(Note 3\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 489.05 534.32 Td (981) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 544.05 534.16 Td (931) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 522.51 Td (Goodwill \(Note 8\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 489.05 522.32 Td (479) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 544.05 522.16 Td (461) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 510.51 Td (Other intangible assets, net \(Note 8\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 489.05 510.32 Td (343) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 544.05 510.16 Td (357) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 498.51 Td (Prepaid pensions \(Note 11\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 489.05 498.32 Td (637) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 544.05 498.16 Td (514) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 486.51 Td (Other assets) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 489.05 486.32 Td (595) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 544.05 486.16 Td (670) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 93.50 474.51 Td (Total assets) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 458.50 474.32 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 477.15 474.32 Td (15,776) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 513.50 474.16 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 532.15 474.16 Td (14,728) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 51.50 454.65 Td (LIABILITIES) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 458.50 454.16 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 513.50 454.16 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.50 442.51 Td (Current liabilities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 458.50 442.51 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 513.50 442.51 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 430.51 Td (Loans payable \(Note 9\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 430.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 494.30 430.65 Td (86) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 513.50 430.51 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 549.30 430.51 Td (17) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 418.51 Td (Accounts payable \(principally trade\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.00 418.65 Td (1,881) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.00 418.51 Td (1,557) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 406.51 Td (Current maturities of long-term debt \(Note 9\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 494.30 406.65 Td (23) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 549.30 406.51 Td (51) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 394.51 Td (Current portion of accrued product warranty \(Note 10\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.80 394.65 Td (363) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.80 394.51 Td (360) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 382.51 Td (Accrued compensation, benefits and retirement costs) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.80 382.65 Td (508) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.80 382.51 Td (433) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 370.51 Td (Deferred revenue) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.80 370.65 Td (401) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.80 370.51 Td (285) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 358.51 Td (Taxes payable \(including taxes on income\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 494.30 358.65 Td (70) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 549.30 358.51 Td (99) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 346.51 Td (Other accrued expenses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.80 346.65 Td (689) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.80 346.51 Td (566) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 75.50 334.51 Td (Total current liabilities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.00 334.65 Td (4,021) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.00 334.51 Td (3,368) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.50 322.51 Td (Long-term liabilities) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 458.50 322.51 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 513.50 322.51 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 310.51 Td (Long-term debt \(Note 9\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.00 310.65 Td (1,589) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.00 310.51 Td (1,672) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 298.51 Td (Pensions \(Note 11\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.80 298.65 Td (289) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.80 298.51 Td (232) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 286.51 Td (Postretirement benefits other than pensions \(Note 11\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.80 286.65 Td (369) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.80 286.51 Td (356) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 274.51 Td (Other liabilities and deferred revenue \(Note 12\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.00 274.65 Td (1,415) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.00 274.51 Td (1,230) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 87.50 262.51 Td (Total liabilities) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 262.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.00 262.65 Td (7,683) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 513.50 262.51 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.00 262.51 Td (6,858) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.50 250.51 Td (Commitments and contingencies \(Note 13\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 51.50 230.65 Td (EQUITY) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.50 218.51 Td (Cummins Inc. shareholders equity \(Note 14\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 458.50 218.51 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 513.50 218.51 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 206.51 Td (Common stock, $2.50 par value, 500 shares authorized, 222.3 and 222.3 sharesissued) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 206.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.00 206.65 Td (2,139) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 513.50 206.51 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.00 206.51 Td (2,099) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 194.51 Td (Retained earnings) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.00 194.65 Td (9,545) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.00 194.51 Td (8,406) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 182.51 Td (Treasury stock, at cost, 40.1 and 35.6 shares) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.05 182.65 Td (\(2,844) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.30 182.65 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 535.05 182.51 Td (\(2,195) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.30 182.51 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 170.51 Td (Common stock held by employee benefits trust, at cost, 1.1 and 1.3 shares) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 491.30 170.65 Td (\(13) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.30 170.65 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 546.30 170.51 Td (\(16) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.30 170.51 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.50 158.51 Td (Accumulated other comprehensive loss \(Note 15\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 513.50 158.51 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 75.50 146.51 Td (Defined benefit postretirement plans) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.80 146.65 Td (\(669) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.30 146.65 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 541.80 146.51 Td (\(611) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.30 146.51 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 75.50 134.51 Td (Other) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 486.80 134.65 Td (\(409) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.30 134.65 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 541.80 134.51 Td (\(173) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.30 134.51 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 87.50 122.51 Td (Total accumulated other comprehensive loss) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 480.05 122.65 Td (\(1,078) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.30 122.65 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 541.80 122.51 Td (\(784) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.30 122.51 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 99.50 110.51 Td (Total Cummins Inc. shareholders equity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.00 110.65 Td (7,749) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.00 110.51 Td (7,510) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 51.50 98.51 Td (Noncontrolling interests \(Note 17\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 489.80 98.65 Td (344) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.80 98.51 Td (360) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 87.50 86.51 Td (Total equity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 86.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.00 86.65 Td (8,093) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 513.50 86.51 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.00 86.51 Td (7,870) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 99.50 74.51 Td (Total liabilities and equity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 458.50 74.65 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 478.50 74.65 Td (15,776) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 513.50 74.51 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 533.50 74.51 Td (14,728) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 129.50 59.75 Td (The accompanying notes ar) Tj ET Q q 0 0 0 rg BT 239.94 59.75 Td (e an integral part of our Consolidated Financial Statements.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 135 0 obj <>] /Rotate 0 /Contents 136 0 R>> endobj 136 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (67) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 209.70 742.25 Td (CUMMINSINC. ) Tj ET Q q 0 0 0 rg BT 284.98 742.25 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 177.40 724.25 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 237.22 724.25 Td (TED ST) Tj ET Q q 0 0 0 rg BT 271.77 724.25 Td (A) Tj ET Q q 0 0 0 rg BT 278.25 724.25 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 343.17 724.25 Td ( CASH FLOWS) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 26.75 686.75 400.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.75 686.75 4.00 -13.00 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1 rg /GS0 gs 26.75 582.75 400.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.75 582.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.75 582.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.75 582.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 475.75 582.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.75 582.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.75 582.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 26.75 556.75 400.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.75 556.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.75 556.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.75 556.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 475.75 556.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.75 556.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 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/GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 26.75 138.75 400.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.75 138.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.75 138.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.75 138.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 475.75 138.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.75 138.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.75 138.75 41.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.75 699.75 m 471.75 699.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.75 699.75 m 475.75 699.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.75 699.75 m 516.75 699.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.75 699.75 m 520.75 699.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.75 699.75 m 561.75 699.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.75 686.75 m 471.75 686.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.75 686.75 m 516.75 686.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.75 686.75 m 561.75 686.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.75 439.75 m 471.75 439.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.75 439.75 m 471.75 439.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.75 439.75 m 516.75 439.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.75 439.75 m 561.75 439.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.75 426.75 m 471.75 426.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.75 426.75 m 516.75 426.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.75 426.75 m 561.75 426.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.75 296.75 m 471.75 296.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.75 296.75 m 516.75 296.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.75 296.75 m 561.75 296.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.75 296.75 m 471.75 296.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.75 296.75 m 516.75 296.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.75 296.75 m 561.75 296.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.75 283.75 m 471.75 283.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.75 283.75 m 516.75 283.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.75 283.75 m 561.75 283.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.75 192.75 m 471.75 192.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.75 192.75 m 516.75 192.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.75 192.75 m 561.75 192.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.75 179.75 m 471.75 179.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.75 179.75 m 516.75 179.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.75 179.75 m 561.75 179.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.75 164.75 m 471.75 164.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.75 164.75 m 516.75 164.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.75 164.75 m 561.75 164.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.75 138.75 m 471.75 138.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.75 126.75 m 471.75 126.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.75 124.75 m 471.75 124.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.75 138.75 m 516.75 138.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.75 126.75 m 516.75 126.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.75 124.75 m 516.75 124.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.75 138.75 m 561.75 138.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.75 126.75 m 561.75 126.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 520.75 124.75 m 561.75 124.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 35.25 704.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 450.70 703.98 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 29.25 690.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.75 690.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 487.75 690.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 532.75 690.98 Td (2012) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 29.25 677.48 Td (CASH FLOWS FROM OPERATING ACTIVITIES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.25 677.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.25 677.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 41.25 664.32 Td (Consolidated net income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.25 664.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.35 664.48 Td (1,736) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.25 664.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.35 664.32 Td (1,588) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.25 664.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.35 664.32 Td (1,738) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 41.25 651.32 Td (Adjustments to reconcile consolidated net income to net cash provided by operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.25 651.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.25 651.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.25 651.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.25 638.32 Td (Depreciation and amortization) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.90 638.48 Td (455) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.90 638.32 Td (407) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.90 638.32 Td (361) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.25 625.32 Td (Gain on fair value adjustment for consolidated investees \(Note 2\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.55 625.53 Td (\(73) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.90 625.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.55 625.37 Td (\(12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.90 625.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.55 625.32 Td (\(7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.90 625.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.25 612.32 Td (Deferred income taxes \(Note 4\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.90 612.48 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.90 612.32 Td (100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.90 612.32 Td (116) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.25 599.32 Td (Equity in income of investees, net of dividends) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.55 599.53 Td (\(100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.90 599.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.55 599.37 Td (\(62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.90 599.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.55 599.32 Td (\(15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.90 599.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.25 586.32 Td (Pension contributions in excess of expense \(Note 11\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.55 586.53 Td (\(148) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.90 586.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.55 586.37 Td (\(82) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.90 586.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.55 586.32 Td (\(68) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.90 586.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.25 573.32 Td (Other post-retirement benefits payments in excess of expense \(Note 11\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.55 573.53 Td (\(28) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.90 573.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.55 573.37 Td (\(25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.90 573.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.55 573.32 Td (\(21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.90 573.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.25 560.32 Td (Stock-based compensation expense) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.90 560.48 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.90 560.32 Td (37) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.90 560.32 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.25 547.32 Td (Translation and hedging activities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.55 547.53 Td (\(13) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.90 547.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.90 547.32 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.90 547.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 41.25 534.32 Td (Changes in current assets and liabilities, net of acquisitions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.25 521.32 Td (Accounts and notes receivable) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.55 521.53 Td (\(89) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.90 521.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.55 521.37 Td (\(148) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.90 521.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.90 521.32 Td (87) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.25 508.32 Td (Inventories) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.55 508.53 Td (\(256) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.90 508.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.55 508.37 Td (\(46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.90 508.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.55 508.32 Td (\(32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.90 508.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.25 495.32 Td (Other current assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.90 495.48 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.90 495.32 Td (212) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.55 495.32 Td (\(60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.90 495.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.25 482.32 Td (Accounts payable) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.90 482.48 Td (244) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.90 482.32 Td (163) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.55 482.32 Td (\(256) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.90 482.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.25 469.32 Td (Accrued expenses) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.90 469.48 Td (168) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.55 469.37 Td (\(246) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.90 469.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.55 469.32 Td (\(514) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.90 469.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 41.25 456.32 Td (Changes in other liabilities and deferred revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.90 456.48 Td (282) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.90 456.32 Td (211) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.90 456.32 Td (214) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 41.25 443.32 Td (Other, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.90 443.48 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.55 443.37 Td (\(25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.90 443.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.55 443.32 Td (\(47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.90 443.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 29.25 430.32 Td (Net cash provided by operating activites) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.35 430.48 Td (2,266) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.35 430.32 Td (2,089) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.35 430.32 Td (1,532) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 29.25 417.48 Td (CASH FLOWS FROM INVESTING ACTIVITIES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.25 417.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.25 417.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 41.25 404.32 Td (Capital expenditures) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.55 404.53 Td (\(743) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.90 404.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.55 404.37 Td (\(676) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.90 404.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.55 404.32 Td (\(690) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.90 404.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 41.25 391.32 Td (Investments in internal use software) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.55 391.53 Td (\(55) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.90 391.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.55 391.37 Td (\(64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.90 391.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.55 391.32 Td (\(87) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.90 391.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 41.25 378.32 Td (Investments in and advances to equity investees) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.55 378.53 Td (\(60) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.90 378.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.55 378.37 Td (\(42) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.90 378.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.55 378.32 Td (\(70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.90 378.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 41.25 365.32 Td (Acquisitions of businesses, net of cash acquired \(Note 2\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.55 365.53 Td (\(436) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.90 365.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.55 365.37 Td (\(147) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.90 365.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.55 365.32 Td (\(215) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.90 365.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 41.25 352.32 Td (Investments in marketable securitiesacquisitions \(Note 5\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.55 352.53 Td (\(275) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.90 352.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.55 352.37 Td (\(418) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.90 352.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.55 352.32 Td (\(561) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.90 352.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 41.25 339.32 Td (Investments in marketable securitiesliquidations \(Note 5\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.90 339.48 Td (336) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.90 339.32 Td (525) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.90 339.32 Td (585) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 41.25 326.32 Td (Purchases of other investments) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.90 326.48 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.55 326.37 Td (\(40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.90 326.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.90 326.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 41.25 313.32 Td (Cash flows from derivatives not designated as hedges) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.55 313.53 Td (\(14) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.90 313.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.90 313.32 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.90 313.32 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 41.25 300.32 Td (Other, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.90 300.48 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.90 300.32 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.90 300.32 Td (44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 29.25 287.32 Td (Net cash used in investing activities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.05 287.53 Td (\(1,234) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.90 287.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.55 287.37 Td (\(846) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.90 287.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.55 287.32 Td (\(982) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.90 287.32 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 29.25 274.48 Td (CASH FLOWS FROM FINANCING ACTIVITIES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.25 274.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.25 274.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 41.25 261.32 Td (Proceeds from borrowings \(Note 9\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 457.90 261.48 Td (55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.35 261.32 Td (1,004) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.90 261.32 Td (64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 41.25 248.32 Td (Payments on borrowings and capital lease obligations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.55 248.53 Td (\(94) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.90 248.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.55 248.37 Td (\(90) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.90 248.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.55 248.32 Td (\(145) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.90 248.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 41.25 235.32 Td (Distributions to noncontrolling interests) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.55 235.53 Td (\(83) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.90 235.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.55 235.37 Td (\(75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.90 235.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.55 235.32 Td (\(62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.90 235.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 41.25 222.32 Td (Dividend payments on common stock \(Note 14\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.55 222.53 Td (\(512) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.90 222.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.55 222.37 Td (\(420) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.90 222.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.55 222.32 Td (\(340) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.90 222.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 41.25 209.32 Td (Repurchases of common stock \(Note 15\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.55 209.53 Td (\(670) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.90 209.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.55 209.37 Td (\(381) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.90 209.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.55 209.32 Td (\(256) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.90 209.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 41.25 196.32 Td (Other, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.55 196.53 Td (\(39) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.90 196.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.90 196.32 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.90 196.32 Td (45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 29.25 183.32 Td (Net cash \(used in\) provided by financing activities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.05 183.53 Td (\(1,343) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.90 183.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.90 183.32 Td (52) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.55 183.32 Td (\(694) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.90 183.32 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 29.25 169.43 Td (EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.55 169.48 Td (\(87) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.90 169.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.90 169.42 Td (35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.90 169.42 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 29.25 155.32 Td (Net \(decrease\) increase in cash and cash equivalents) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.55 155.53 Td (\(398) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.90 155.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.35 155.32 Td (1,330) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.55 155.32 Td (\(115) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.90 155.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 29.25 142.32 Td (Cash and cash equivalents at beginning of year) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.35 142.48 Td (2,699) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.35 142.32 Td (1,369) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.35 142.32 Td (1,484) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 29.25 129.48 Td (CASH AND CASH EQUIVALENTS AT END OF PERIOD) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.25 129.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.35 129.48 Td (2,301) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.25 129.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.35 129.32 Td (2,699) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.25 129.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.35 129.32 Td (1,369) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 118.25 111.25 Td (The accompanying notes ar) Tj ET Q q 0 0 0 rg BT 228.69 111.25 Td (e an integral part of our Consolidated Financial Statements.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 137 0 obj <>] /Rotate 0 /Contents 138 0 R>> endobj 138 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.00 24.60 Td (68) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 309.70 569.25 Td ( CUMMINSINC. ) Tj ET Q q 0 0 0 rg BT 387.48 569.25 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 259.35 551.25 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 319.17 551.25 Td (TED ST) Tj ET Q q 0 0 0 rg BT 353.73 551.25 Td (A) Tj ET Q q 0 0 0 rg BT 360.20 551.25 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 425.12 551.25 Td ( CHANGES IN EQUITY) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 71.50 503.75 168.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 503.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 503.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 503.75 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 503.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 503.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 503.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 503.75 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 503.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 503.75 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 503.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 503.75 47.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 537.50 503.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 541.50 503.75 58.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 599.50 503.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 603.50 503.75 61.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 664.50 503.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 668.50 503.75 51.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 71.50 477.75 168.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 477.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 477.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 477.75 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 477.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 477.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 477.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 477.75 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 477.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 477.75 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 477.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 477.75 47.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 537.50 477.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 541.50 477.75 58.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 599.50 477.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 603.50 477.75 61.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 664.50 477.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 668.50 477.75 51.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 71.50 451.75 168.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 451.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 451.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 451.75 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 451.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 451.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 451.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 451.75 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 451.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 451.75 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 451.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 451.75 47.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 537.50 451.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 541.50 451.75 58.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 599.50 451.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 603.50 451.75 61.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 664.50 451.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 668.50 451.75 51.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 71.50 425.75 168.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 425.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 425.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 425.75 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 425.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 425.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 425.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 425.75 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 425.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 425.75 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 425.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 425.75 47.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 537.50 425.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 541.50 425.75 58.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 599.50 425.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 603.50 425.75 61.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 664.50 425.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 668.50 425.75 51.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 71.50 399.75 168.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 399.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 399.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 399.75 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 399.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 399.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 399.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 399.75 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 399.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 399.75 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 399.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 399.75 47.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 537.50 399.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 541.50 399.75 58.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 599.50 399.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 603.50 399.75 61.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 664.50 399.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 668.50 399.75 51.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 71.50 373.75 168.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 373.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 373.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 373.75 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 373.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 373.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 373.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 373.75 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 373.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 373.75 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 373.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 373.75 47.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 537.50 373.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 541.50 373.75 58.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 599.50 373.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 603.50 373.75 61.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 664.50 373.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 668.50 373.75 51.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 71.50 347.75 168.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 347.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 347.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 347.75 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 347.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 347.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 347.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 347.75 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 347.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 347.75 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 347.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 347.75 47.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 537.50 347.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 541.50 347.75 58.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 599.50 347.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 603.50 347.75 61.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 664.50 347.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 668.50 347.75 51.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 71.50 321.75 168.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 321.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 321.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 321.75 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 321.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 321.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 321.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 321.75 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 321.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 321.75 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 321.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 321.75 47.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 537.50 321.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 541.50 321.75 58.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 599.50 321.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 603.50 321.75 61.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 664.50 321.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 668.50 321.75 51.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 71.50 295.75 168.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 295.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 295.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 295.75 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 295.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 295.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 295.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 295.75 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 295.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 295.75 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 295.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 295.75 47.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 537.50 295.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 541.50 295.75 58.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 599.50 295.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 603.50 295.75 61.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 664.50 295.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 668.50 295.75 51.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 71.50 269.75 168.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 269.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 269.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 269.75 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 269.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 269.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 269.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 269.75 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 269.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 269.75 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 269.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 269.75 47.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 537.50 269.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 541.50 269.75 58.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 599.50 269.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 603.50 269.75 61.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 664.50 269.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 668.50 269.75 51.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 71.50 243.75 168.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 243.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.50 243.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.50 243.75 46.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 243.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 243.75 41.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.50 243.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 243.75 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 243.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 243.75 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 243.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 243.75 47.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 537.50 243.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 541.50 243.75 58.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 599.50 243.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 603.50 243.75 61.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 664.50 243.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 668.50 243.75 51.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 71.50 217.75 168.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 217.75 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gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 113.75 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 113.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 113.75 47.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 537.50 113.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 541.50 113.75 58.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 599.50 113.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 603.50 113.75 61.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 664.50 113.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 668.50 113.75 51.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 503.75 m 280.5 503.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 503.75 m 330.5 503.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 503.75 m 375.5 503.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 503.75 m 442.5 503.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 503.75 m 486.5 503.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 503.75 m 537.5 503.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 541.5 503.75 m 599.5 503.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 603.5 503.75 m 664.5 503.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 668.5 503.75 m 719.5 503.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 373.75 m 280.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 541.5 373.75 m 599.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 668.5 373.75 m 719.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 373.75 m 330.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 373.75 m 375.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 373.75 m 442.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 373.75 m 486.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 373.75 m 537.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 541.5 373.75 m 599.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 603.5 373.75 m 664.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 668.5 373.75 m 719.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 360.75 m 280.5 360.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 360.75 m 330.5 360.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 360.75 m 375.5 360.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 360.75 m 442.5 360.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 360.75 m 486.5 360.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 360.75 m 537.5 360.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 541.5 360.75 m 599.5 360.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 603.5 360.75 m 664.5 360.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 668.5 360.75 m 719.5 360.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 541.5 243.75 m 599.5 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 668.5 243.75 m 719.5 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 243.75 m 280.5 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 230.75 m 280.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 243.75 m 330.5 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 230.75 m 330.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 243.75 m 375.5 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 230.75 m 375.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 243.75 m 442.5 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 230.75 m 442.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 243.75 m 486.5 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 230.75 m 486.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 243.75 m 537.5 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 230.75 m 537.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 541.5 243.75 m 599.5 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 541.5 230.75 m 599.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 603.5 243.75 m 664.5 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 603.5 230.75 m 664.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 668.5 243.75 m 719.5 243.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 668.5 230.75 m 719.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 230.75 m 280.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 230.75 m 330.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 230.75 m 375.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 230.75 m 442.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 230.75 m 486.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 230.75 m 537.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 541.5 230.75 m 599.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 603.5 230.75 m 664.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 668.5 230.75 m 719.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 113.75 m 280.5 113.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 101.75 m 280.5 101.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 99.75 m 280.5 99.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 113.75 m 330.5 113.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 101.75 m 330.5 101.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.5 99.75 m 330.5 99.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 113.75 m 375.5 113.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 101.75 m 375.5 101.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 99.75 m 375.5 99.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 113.75 m 442.5 113.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 101.75 m 442.5 101.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 379.5 99.75 m 442.5 99.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 113.75 m 486.5 113.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 101.75 m 486.5 101.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 99.75 m 486.5 99.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 113.75 m 537.5 113.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 101.75 m 537.5 101.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 99.75 m 537.5 99.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 541.5 113.75 m 599.5 113.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 541.5 101.75 m 599.5 101.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 541.5 99.75 m 599.5 99.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 603.5 113.75 m 664.5 113.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 603.5 101.75 m 664.5 101.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 603.5 99.75 m 664.5 99.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 668.5 113.75 m 719.5 113.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 668.5 101.75 m 719.5 101.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 668.5 99.75 m 719.5 99.75 l s BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 508.20 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 243.70 515.98 Td (Common) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 249.90 507.98 Td (Stock) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 288.75 523.98 Td (Additional) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.75 515.98 Td (paid-in) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 294.30 507.98 Td (Capital) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.15 515.98 Td (Retained) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 338.90 507.98 Td (Earnings) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.80 531.98 Td (Accumulated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.35 523.98 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 383.90 515.98 Td (Comprehensive) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.70 507.98 Td (Loss) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 450.55 515.98 Td (Treasury) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.40 507.98 Td (Stock) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 497.70 531.98 Td (Common) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 503.90 523.98 Td (Stock) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 500.90 515.98 Td (Heldin) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 504.20 507.98 Td (Trust) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 561.25 531.98 Td (Total) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 545.75 523.98 Td (CumminsInc.) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 546.35 515.98 Td (Shareholders) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 558.40 507.98 Td (Equity) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 607.75 515.98 Td (Noncontrolling) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 618.65 507.98 Td (Interests) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 684.75 515.98 Td (Total) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 681.90 507.98 Td (Equity) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 495.15 Td (BALANCE AT DECEMBER 31, 2011) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 242.00 495.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 263.50 495.01 Td (555) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 287.00 495.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 306.75 495.01 Td (1,446) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 337.00 495.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 351.75 495.01 Td (6,038) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 382.00 495.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 422.50 495.01 Td (\(938) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 495.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 449.00 495.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 459.75 495.01 Td (\(1,587) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 495.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 493.00 495.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 522.00 495.01 Td (\(22) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 495.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.00 495.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 575.75 495.01 Td (5,492) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 606.00 495.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 647.50 495.01 Td (339) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 671.00 495.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 695.75 495.01 Td (5,831) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 482.01 Td (Net income) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.00 482.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.00 482.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 351.75 482.01 Td (1,645) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 482.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 482.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 482.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 575.75 482.01 Td (1,645) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 652.00 482.01 Td (93) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 695.75 482.01 Td (1,738) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 469.01 Td (Other comprehensive income \(loss\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.00 469.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.00 469.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.00 469.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 427.00 469.01 Td (\(12) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 469.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 469.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 469.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 584.00 469.01 Td (\(12) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 596.00 469.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 653.50 469.01 Td (\(7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 661.00 469.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 704.00 469.01 Td (\(19) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 716.00 469.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 456.01 Td (Issuance of shares) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 272.50 456.01 Td (1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 322.50 456.01 Td (6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.00 456.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 456.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 456.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 456.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 591.50 456.01 Td (7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 652.00 456.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 711.50 456.01 Td (7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 443.01 Td (Employee benefits trust activity) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.00 443.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 318.00 443.01 Td (27) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.00 443.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 443.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 443.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 529.50 443.01 Td (4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 587.00 443.01 Td (31) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 652.00 443.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 707.00 443.01 Td (31) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 430.01 Td (Acquisition of shares) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.00 430.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.00 430.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.00 430.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 430.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 466.50 430.01 Td (\(256) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 430.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 430.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 579.50 430.01 Td (\(256) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 596.00 430.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 652.00 430.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 699.50 430.01 Td (\(256) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 716.00 430.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 417.01 Td (Cash dividends on common stock) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.00 417.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.00 417.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 355.50 417.01 Td (\(340) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.00 417.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 417.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 417.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 417.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 579.50 417.01 Td (\(340) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 596.00 417.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 652.00 417.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 699.50 417.01 Td (\(340) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 716.00 417.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 404.01 Td (Distributions to noncontrolling interests) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.00 404.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.00 404.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.00 404.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 404.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 404.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 404.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 587.00 404.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 649.00 404.01 Td (\(76) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 661.00 404.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 704.00 404.01 Td (\(76) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 716.00 404.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 391.01 Td (Stock based awards) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.00 391.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.00 391.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 391.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 474.00 391.01 Td (13) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 391.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 587.00 391.01 Td (13) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 652.00 391.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 707.00 391.01 Td (13) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 378.01 Td (Other shareholder transactions) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 318.00 378.01 Td (23) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 378.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 378.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 378.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 587.00 378.01 Td (23) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 652.00 378.01 Td (22) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 707.00 378.01 Td (45) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 365.15 Td (BALANCE AT DECEMBER 31, 2012) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 242.00 365.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 263.50 365.01 Td (556) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 287.00 365.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 306.75 365.01 Td (1,502) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 337.00 365.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 351.75 365.01 Td (7,343) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 382.00 365.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 422.50 365.01 Td (\(950) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 365.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 449.00 365.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 459.75 365.01 Td (\(1,830) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 365.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 493.00 365.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 522.00 365.01 Td (\(18) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 365.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.00 365.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 575.75 365.01 Td (6,603) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 606.00 365.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 647.50 365.01 Td (371) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 671.00 365.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 695.75 365.01 Td (6,974) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 352.01 Td (Net income) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.00 352.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.00 352.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 351.75 352.01 Td (1,483) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 352.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 352.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 352.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 575.75 352.01 Td (1,483) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 647.50 352.01 Td (105) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 695.75 352.01 Td (1,588) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 339.01 Td (Other comprehensive income \(loss\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.00 339.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.00 339.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.00 339.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 425.50 339.01 Td (166) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 339.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 339.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 582.50 339.01 Td (166) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 649.00 339.01 Td (\(29) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 661.00 339.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 702.50 339.01 Td (137) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 326.01 Td (Issuance of shares) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 322.50 326.01 Td (8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.00 326.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 326.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 326.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 326.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 591.50 326.01 Td (8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 652.00 326.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 711.50 326.01 Td (8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 313.01 Td (Employee benefits trust activity) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.00 313.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 318.00 313.01 Td (24) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.00 313.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 313.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 313.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 529.50 313.01 Td (2) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 587.00 313.01 Td (26) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 652.00 313.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 707.00 313.01 Td (26) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 300.01 Td (Acquisition of shares) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.00 300.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.00 300.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.00 300.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 300.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 466.50 300.01 Td (\(381) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 300.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 300.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 579.50 300.01 Td (\(381) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 596.00 300.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 652.00 300.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 699.50 300.01 Td (\(381) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 716.00 300.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 287.01 Td (Cash dividends on common stock) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.00 287.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.00 287.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 355.50 287.01 Td (\(420) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.00 287.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 287.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 287.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 287.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 579.50 287.01 Td (\(420) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 596.00 287.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 652.00 287.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 699.50 287.01 Td (\(420) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 716.00 287.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 274.01 Td (Distributions to noncontrolling interests) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.00 274.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.00 274.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.00 274.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 274.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 274.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 274.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 587.00 274.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 649.00 274.01 Td (\(75) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 661.00 274.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 704.00 274.01 Td (\(75) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 716.00 274.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 261.01 Td (Stock based awards) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.00 261.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 322.50 261.01 Td (1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.00 261.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 261.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 474.00 261.01 Td (16) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 261.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 587.00 261.01 Td (17) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 652.00 261.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 707.00 261.01 Td (17) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 248.01 Td (Other shareholder transactions) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.00 248.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 322.50 248.01 Td (8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.00 248.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 248.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 248.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 248.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 591.50 248.01 Td (8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 649.00 248.01 Td (\(12) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 661.00 248.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 708.50 248.01 Td (\(4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 716.00 248.01 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 235.15 Td (BALANCE AT DECEMBER 31, 2013) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 242.00 235.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 263.50 235.01 Td (556) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 287.00 235.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 306.75 235.01 Td (1,543) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 337.00 235.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 351.75 235.01 Td (8,406) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 382.00 235.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 422.50 235.01 Td (\(784) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 235.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 449.00 235.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 459.75 235.01 Td (\(2,195) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 235.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 493.00 235.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 522.00 235.01 Td (\(16) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 235.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 544.00 235.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 575.75 235.01 Td (7,510) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 606.00 235.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 647.50 235.01 Td (360) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 671.00 235.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 695.75 235.01 Td (7,870) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 222.01 Td (Net income) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.00 222.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.00 222.01 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 351.75 222.15 Td (1,651) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 222.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 222.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 222.01 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 575.75 222.15 Td (1,651) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 652.00 222.15 Td (85) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 695.75 222.15 Td (1,736) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 209.01 Td (Other comprehensive income \(loss\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.00 209.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.00 209.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.00 209.01 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 422.50 209.15 Td (\(294) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.00 209.15 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 209.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 209.01 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 579.50 209.15 Td (\(294) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 596.00 209.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 649.00 209.15 Td (\(11) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 661.00 209.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 699.50 209.15 Td (\(305) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 716.00 209.15 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 196.01 Td (Issuance of shares) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 322.50 196.15 Td (9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.00 196.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 196.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 196.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 196.01 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 591.50 196.15 Td (9) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 652.00 196.15 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 711.50 196.15 Td (9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 183.01 Td (Employee benefits trust activity) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.00 183.01 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.00 183.15 Td (24) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.00 183.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 183.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 183.01 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 529.50 183.15 Td (3) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 587.00 183.15 Td (27) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 652.00 183.15 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 707.00 183.15 Td (27) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 170.01 Td (Acquisition of shares) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.00 170.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.00 170.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.00 170.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 170.01 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 466.50 170.15 Td (\(670) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.00 170.15 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 170.01 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 579.50 170.15 Td (\(670) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 596.00 170.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 652.00 170.15 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 699.50 170.15 Td (\(670) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 716.00 170.15 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 157.01 Td (Cash dividends on common stock) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.00 157.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.00 157.01 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 355.50 157.15 Td (\(512) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.00 157.15 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 157.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 157.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 157.01 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 579.50 157.15 Td (\(512) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 596.00 157.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 652.00 157.15 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 699.50 157.15 Td (\(512) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 716.00 157.15 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 144.01 Td (Distributions to noncontrolling interests) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.00 144.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.00 144.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.00 144.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 144.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 144.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 144.01 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 587.00 144.15 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 649.00 144.15 Td (\(83) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 661.00 144.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 704.00 144.15 Td (\(83) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 716.00 144.15 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 131.01 Td (Stock based awards) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.00 131.01 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 319.50 131.15 Td (\(5) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.00 131.15 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.00 131.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 131.01 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 474.00 131.15 Td (21) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 131.01 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 587.00 131.15 Td (16) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 652.00 131.15 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 707.00 131.15 Td (16) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 74.00 118.01 Td (Other shareholder transactions) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 277.00 118.01 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 318.00 118.15 Td (12) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.00 118.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.00 118.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 483.00 118.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.00 118.01 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 587.00 118.15 Td (12) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 653.50 118.15 Td (\(7) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 661.00 118.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 711.50 118.15 Td (5) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 74.00 105.15 Td (BALANCE AT DECEMBER 31, 2014) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 242.00 105.15 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 263.50 105.15 Td (556) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 287.00 105.15 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 306.75 105.15 Td (1,583) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 337.00 105.15 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 351.75 105.15 Td (9,545) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 382.00 105.15 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 415.75 105.15 Td (\(1,078) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.00 105.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.00 105.15 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 459.75 105.15 Td (\(2,844) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 483.00 105.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 493.00 105.15 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.00 105.15 Td (\(13) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 534.00 105.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 544.00 105.15 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 575.75 105.15 Td (7,749) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 606.00 105.15 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 647.50 105.15 Td (344) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 671.00 105.15 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 695.75 105.15 Td (8,093) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 237.50 74.25 Td (The accompanying notes ar) Tj ET Q q 0 0 0 rg BT 347.94 74.25 Td (e an integral part of our Consolidated Financial Statements.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 591.2669921875 m 120.9521484375 591.2669921875 l s q 0 0 1 rg BT 50.00 592.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 592.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 139 0 obj <> endobj 140 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 220.95 772.75 Td (CUMMINS INC. ) Tj ET Q q 0 0 0 rg BT 296.23 772.75 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 175.30 752.75 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 211.52 752.75 Td (T) Tj ET Q q 0 0 0 rg BT 218.01 752.75 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 288.11 752.75 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 367.29 752.75 Td ( ST) Tj ET Q q 0 0 0 rg BT 381.28 752.75 Td (A) Tj ET Q q 0 0 0 rg BT 387.76 752.75 Td (TEMENTS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (69) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 706.60 Td (NOTE1. SUMMAR) Tj ET Q q 0 0 0 rg BT 136.59 706.60 Td (Y) Tj ET Q q 0 0 0 rg BT 143.44 706.60 Td ( OF) Tj ET Q q 0 0 0 rg BT 159.46 706.60 Td ( SIGNIFICANT) Tj ET Q q 0 0 0 rg BT 228.46 706.60 Td ( ) Tj ET Q q 0 0 0 rg BT 230.41 706.60 Td (ACCOUNTING POLICIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 686.60 Td (Natur) Tj ET Q q 0 0 0 rg BT 75.37 686.60 Td (e of Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 666.60 Td (Cummins Inc. was founded in 1919 as a corporation in Columbus, Indiana, as one of the first diesel engine manufacturers.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.60 666.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.92 666.60 Td (W) Tj ET Q q 0 0 0 rg BT 550.56 666.60 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 654.60 Td (are a global power leader that designs, manufactures, distributes and services diesel and natural gas engines and engine-related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 642.60 Td (component products, including filtration, aftertreatment, turbochar) Tj ET Q q 0 0 0 rg BT 315.84 642.60 Td (gers, fuel systems, controls systems, air handling systems ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 630.60 Td (and electric power generation systems.) Tj ET Q q 0 0 0 rg BT 207.54 630.60 Td (W) Tj ET Q q 0 0 0 rg BT 216.18 630.60 Td (e sell our products to original equipment manufacturers \(OEMs\), distributors and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 618.60 Td (other customers worldwide.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.36 618.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.68 618.60 Td (W) Tj ET Q q 0 0 0 rg BT 172.32 618.60 Td (e serve our customers through a network of approximately) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.14 618.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.64 618.60 Td (600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.64 618.60 Td ( company-owned and independent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 606.60 Td (distributor locations and approximately) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.47 606.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.97 606.60 Td (7,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.47 606.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.97 606.60 Td (dealer locations in more than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.54 606.60 Td (190) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.54 606.60 Td ( countries and territories.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.50 606.60 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 586.60 Td (Principles of Consolidation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.60 Td (Our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 68.05 566.60 Td (Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.59 566.60 Td ( include the accounts of all wholly-owned and majority-owned domestic and foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 554.60 Td (subsidiaries where our ownership is more than 50 percent of outstanding equity interests except for majority-owned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 542.60 Td (subsidiaries that are considered variable interest entities \(VIEs\) where we are not deemed to have a controlling financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 530.60 Td (interest. In addition, we also consolidate, regardless of our ownership percentage, ) Tj ET Q q 0 0 0 rg BT 378.33 530.60 Td (VIEs for which we are deemed to have a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 518.60 Td (controlling financial interest. Intercompany balances and transactions are eliminated in consolidation. ) Tj ET Q q 0 0 0 rg BT 458.85 518.60 Td (Where our ownership ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 506.60 Td (interest is less than 100 percent, the noncontrolling ownership interests are reported in our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 412.96 506.60 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.60 506.60 Td (. ) Tj ET Q q 0 0 0 rg BT 534.42 506.60 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 494.60 Td (noncontrolling ownership interest in our income, net of tax, is classified as "Net income attributable to noncontrolling interests" ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 482.60 Td (in our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 76.11 482.60 Td (Consolidated Statements of Income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.48 482.60 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 462.60 Td (Certain amounts for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.48 462.60 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.48 462.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.92 462.60 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.92 462.60 Td ( have been reclassified to conform to the current classifications.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.60 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 442.60 Td (e have variable interests in several businesses accounted for under the equity method of accounting that are deemed to be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.60 Td (VIEs and are subject to the provisions of accounting principles generally accepted in the United States of ) Tj ET Q q 0 0 0 rg BT 472.37 430.60 Td (America \(GAAP\) for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.60 Td (variable interest entities. Most of these ) Tj ET Q q 0 0 0 rg BT 207.28 418.60 Td (VIEs are unconsolidated.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 398.60 Td (Reclassification ) Tj ET Q q 0 0 0 rg BT 118.60 398.60 Td (Adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 378.60 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 378.60 Td (e revised the classification of certain amounts for "Cost of sales" and "Selling, general and administrative expenses" for 2013 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 366.60 Td (and 2012. In connection with the integration of recently acquired North ) Tj ET Q q 0 0 0 rg BT 337.69 366.60 Td (American distributors and anticipating the future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 354.60 Td (acquisition and integration of the entire North ) Tj ET Q q 0 0 0 rg BT 235.23 354.60 Td (American channel, our Distribution segment has developed a framework against ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 342.60 Td (which Distribution management intends to measure the performance of the distribution channel. ) Tj ET Q q 0 0 0 rg BT 436.66 342.60 Td (The segment EBIT) Tj ET Q q 0 0 0 rg BT 512.56 342.60 Td ( \(defined as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 330.60 Td (earnings before interest expense, taxes and noncontrolling interests\) performance measure is unchanged, however) Tj ET Q q 0 0 0 rg BT 504.43 330.60 Td (, certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 318.60 Td (activities that were previously classified in "Selling, general and administrative expenses" are now classified as "Cost of sales" ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 306.60 Td (to align with the new framework and allow for consistent treatment across the channel. ) Tj ET Q q 0 0 0 rg BT 399.99 306.60 Td (W) Tj ET Q q 0 0 0 rg BT 408.62 306.60 Td (e revised the expense presentation of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 294.60 Td (our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 65.83 294.60 Td (Consolidated Statements of Income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.70 294.60 Td (for the periods presented) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 308.83 294.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.33 294.60 Td (to follow the new cost framework. ) Tj ET Q q 0 0 0 rg BT 451.39 294.60 Td (The reclassifications for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 282.60 Td (the years ended December 31, 2013 and 2012, were) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 257.14 282.60 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.64 282.60 Td ($103 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.04 282.60 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.47 282.60 Td ($92 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.87 282.60 Td (, respectively) Tj ET Q q 0 0 0 rg BT 429.53 282.60 Td (. ) Tj ET Q q 0 0 0 rg BT 434.35 282.60 Td (The revision had no impact on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 270.60 Td (reported net income, cash flows or the balance sheet. ) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 250.60 Td (Investments in Equity Investees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 230.60 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 230.60 Td (e use the equity method to account for our investments in joint ventures, af) Tj ET Q q 0 0 0 rg BT 357.83 230.60 Td (filiated companies and alliances in which we have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 218.60 Td (the ability to exercise significant influence, generally represented by equity ownership or partnership equity of at least ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.84 218.60 Td (20 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 206.60 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.42 206.60 Td ( but not more than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.24 206.60 Td (50 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.17 206.60 Td (. Generally) Tj ET Q q 0 0 0 rg BT 240.94 206.60 Td (, under the equity method, original investments in these entities are recorded at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 194.60 Td (cost and subsequently adjusted by our share of equity in income or losses after the date of acquisition. Investment amounts in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 182.60 Td (excess of our share of an investee's net assets are amortized over the life of the related asset creating the excess. If the excess is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 170.60 Td (goodwill, then it is not amortized. Equity in income or losses of each investee is recorded according to our level of ownership; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 158.60 Td (if losses accumulate, we record our share of losses until our investment has been fully depleted. If our investment has been ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 146.60 Td (fully depleted, we recognize additional losses only when we are the primary funding source. ) Tj ET Q q 0 0 0 rg BT 421.37 146.60 Td (W) Tj ET Q q 0 0 0 rg BT 430.00 146.60 Td (e eliminate \(to the extent of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 134.60 Td (ownership percentage\) in our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 169.40 134.60 Td (Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.94 134.60 Td ( the profit in inventory held by our equity method investees ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 122.60 Td (that has not yet been sold to a third-party) Tj ET Q q 0 0 0 rg BT 213.20 122.60 Td (. Our investments are classified as "Investments and advances related to equity method ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 110.60 Td (investees" in our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 119.35 110.60 Td (Consolidated Balance Sheets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.49 110.60 Td ( Our share of the results from joint ventures, af) Tj ET Q q 0 0 0 rg BT 426.04 110.60 Td (filiated companies and alliances ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 98.60 Td (is reported in our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 121.09 98.60 Td (Consolidated Statements of Income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.46 98.60 Td ( as "Equity) Tj ET Q q 0 0 0 rg BT 305.89 98.60 Td (, royalty and interest income from investees," and is reported ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 86.60 Td (net of all applicable income taxes.) Tj ET Q endstream endobj 141 0 obj <>] /Rotate 0 /Contents 142 0 R>> endobj 142 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Our foreign equity investees are presented net of applicable foreign income taxes in our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 403.20 742.10 Td (Consolidated Statements of Income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.57 742.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (Our remaining United States \(U.S.\) equity investees are partnerships \(non-taxable\), thus there is no dif) Tj ET Q q 0 0 0 rg BT 459.99 730.10 Td (ference between gross or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (net of tax presentation as the investees are not taxed. See ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.92 718.10 Td (NOTE 3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.08 718.10 Td (, ") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.16 718.10 Td (INVESTMENTS IN EQUITY) Tj ET Q q 0 0 0 rg BT 445.00 718.10 Td ( INVESTEES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.83 718.10 Td (," for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (additional information.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 686.10 Td (Use of Estimates in the Pr) Tj ET Q q 0 0 0 rg BT 160.08 686.10 Td (eparation of the Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 666.10 Td (Preparation of financial statements in conformity with GAAP) Tj ET Q q 0 0 0 rg BT 295.96 666.10 Td ( requires management to make estimates and assumptions that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 654.10 Td (af) Tj ET Q q 0 0 0 rg BT 57.59 654.10 Td (fect reported amounts presented and disclosed in our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 270.85 654.10 Td (Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.40 654.10 Td (. Significant estimates and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 642.10 Td (assumptions in these ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 135.27 642.10 Td (Consolidated Financial Statements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.32 642.10 Td (require the exercise of judgment and are used for) Tj ET Q q 0 0 0 rg BT 473.94 642.10 Td (, but not limited to, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 630.10 Td (allowance for doubtful accounts, estimates of future cash flows and other assumptions associated with goodwill and long-lived ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 618.10 Td (asset impairment tests, useful lives for depreciation and amortization, warranty programs, determination of discount and other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 606.10 Td (assumptions for pension and other postretirement benefit costs, restructuring costs, income taxes and deferred tax valuation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 594.10 Td (allowances, lease classification and contingencies. Due to the inherent uncertainty involved in making estimates, actual results ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 582.10 Td (reported in future periods may be dif) Tj ET Q q 0 0 0 rg BT 196.99 582.10 Td (ferent from these estimates.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (Revenue Recognition) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 542.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 542.10 Td (e recognize revenue, net of estimated costs of returns, allowances and sales incentives, when it is realized or realizable, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 530.10 Td (which generally occurs when:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 509.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 509.10 Td (Persuasive evidence of an arrangement exists;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 488.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 488.10 Td (The product has been shipped and legal title and all risks of ownership have been transferred;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 467.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 467.10 Td (The sales price is fixed or determinable; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 446.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 446.10 Td (Payment is reasonably assured.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 426.10 Td (Products are generally sold on open account under credit terms customary to the geographic region of distribution. ) Tj ET Q q 0 0 0 rg BT 510.24 426.10 Td (W) Tj ET Q q 0 0 0 rg BT 518.88 426.10 Td (e perform ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 414.10 Td (ongoing credit evaluations of our customers and generally do not require collateral to secure our accounts receivable. For ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 402.10 Td (engines, service parts, service tools and other items sold to independent distributors and to partially-owned distributors ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 390.10 Td (accounted for under the equity method, revenues are recorded when title and risk of ownership transfers. ) Tj ET Q q 0 0 0 rg BT 470.78 390.10 Td (This transfer is based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 378.10 Td (on the agreement in ef) Tj ET Q q 0 0 0 rg BT 139.22 378.10 Td (fect with the respective distributor) Tj ET Q q 0 0 0 rg BT 276.00 378.10 Td (, which in the U.S. and most international locations, generally occurs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 366.10 Td (when the products are shipped. ) Tj ET Q q 0 0 0 rg BT 176.45 366.10 Td (T) Tj ET Q q 0 0 0 rg BT 181.86 366.10 Td (o the extent of our ownership percentage, mar) Tj ET Q q 0 0 0 rg BT 365.50 366.10 Td (gins on sales to distributors accounted for under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 354.10 Td (the equity method are deferred until the distributor sells the product to unrelated parties.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 334.10 Td (e provide various sales incentives to both our distribution network and our OEM customers. ) Tj ET Q q 0 0 0 rg BT 428.67 334.10 Td (These programs are designed to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (promote the sale of our product in the channel or encourage the usage of our products by OEM customers. Sales incentives ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (primarily fall into ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.59 310.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.58 310.10 Td ( categories:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 289.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 289.10 Td (V) Tj ET Q q 0 0 0 rg BT 91.93 289.10 Td (olume rebates;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 268.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 268.10 Td (Market share rebates; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 247.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 247.10 Td (Aftermarket rebates.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 227.10 Td (For volume rebates, we provide certain customers with rebate opportunities for attaining specified volumes during a particular ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 215.10 Td (quarter or year) Tj ET Q q 0 0 0 rg BT 108.30 215.10 Td (. ) Tj ET Q q 0 0 0 rg BT 113.12 215.10 Td (W) Tj ET Q q 0 0 0 rg BT 121.76 215.10 Td (e accrue for the expected amount of these rebates at the time of the original sale and update our accruals ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 203.10 Td (quarterly based on our best estimate of the volume levels the customer will reach during the measurement period. For market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 191.10 Td (share rebates, we provide certain customers with rebate opportunities based on the percentage of their production that utilizes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 179.10 Td (our product. ) Tj ET Q q 0 0 0 rg BT 101.20 179.10 Td (These rebates are typically measured either quarterly or annually and are accrued at the time of the original sale ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 167.10 Td (based on the current market shares, with adjustments made as the level changes. For aftermarket rebates we provide incentives ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 155.10 Td (to promote sales to certain dealers and end-markets. ) Tj ET Q q 0 0 0 rg BT 260.02 155.10 Td (These rebates are typically paid on a quarterly) Tj ET Q q 0 0 0 rg BT 444.01 155.10 Td (, or more frequent, basis and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 143.10 Td (estimates are made at the end of each quarter as to the amount yet to be paid. ) Tj ET Q q 0 0 0 rg BT 359.70 143.10 Td (These estimates are based on historical experience ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 131.10 Td (with the particular program. ) Tj ET Q q 0 0 0 rg BT 164.50 131.10 Td (The incentives are classified as a reduction in sales in our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 396.92 131.10 Td (Consolidated Statements of Income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.29 131.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 111.10 Td (Rights of return do not exist for the majority of our sales, other than for quality issues. ) Tj ET Q q 0 0 0 rg BT 397.26 111.10 Td (W) Tj ET Q q 0 0 0 rg BT 405.89 111.10 Td (e do of) Tj ET Q q 0 0 0 rg BT 433.48 111.10 Td (fer certain return rights in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 99.10 Td (aftermarket business, where some aftermarket customers are permitted to return small amounts of parts and filters each year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 87.10 Td (and in our power generation business, which sells portable generators to retail customers. ) Tj ET Q q 0 0 0 rg BT 409.07 87.10 Td (An estimate of future returns is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 75.10 Td (accrued at the time of sale based on historical return rates.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 143 0 obj <>] /Rotate 0 /Contents 144 0 R>> endobj 144 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (71) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (For) Tj ET Q q 0 0 0 rg BT 65.37 742.25 Td (eign Curr) Tj ET Q q 0 0 0 rg BT 107.12 742.25 Td (ency ) Tj ET Q q 0 0 0 rg BT 128.88 742.25 Td (T) Tj ET Q q 0 0 0 rg BT 134.81 742.25 Td (ransactions and ) Tj ET Q q 0 0 0 rg BT 204.64 742.25 Td (T) Tj ET Q q 0 0 0 rg BT 210.57 742.25 Td (ranslation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 722.25 Td (e translate assets and liabilities of foreign entities to U.S. dollars, where the local currency is the functional currency) Tj ET Q q 0 0 0 rg BT 523.11 722.25 Td (, at year) Tj ET Q q 0 0 0 rg BT 554.83 722.25 Td (-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (end exchange rates. ) Tj ET Q q 0 0 0 rg BT 130.89 710.25 Td (W) Tj ET Q q 0 0 0 rg BT 139.53 710.25 Td (e translate income and expenses to U.S. dollars using weighted-average exchange rates for the year) Tj ET Q q 0 0 0 rg BT 535.49 710.25 Td (. ) Tj ET Q q 0 0 0 rg BT 540.31 710.25 Td (W) Tj ET Q q 0 0 0 rg BT 548.95 710.25 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (record adjustments resulting from translation in a separate component of accumulated other comprehensive income \(loss\) and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 686.25 Td (include the adjustments in net income only upon sale, loss of controlling financial interest or liquidation of the underlying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 674.25 Td (foreign investment.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.76 674.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 654.25 Td (Foreign currency transaction gains and losses are included in current net income. For foreign entities where the U.S. dollar is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 642.25 Td (the functional currency) Tj ET Q q 0 0 0 rg BT 142.08 642.25 Td (, including those operating in highly inflationary economies when applicable, we remeasure non-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 630.25 Td (monetary balances and the related income statement using historical exchange rates. ) Tj ET Q q 0 0 0 rg BT 389.13 630.25 Td (W) Tj ET Q q 0 0 0 rg BT 397.77 630.25 Td (e include in income the resulting gains ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 618.25 Td (and losses, including the ef) Tj ET Q q 0 0 0 rg BT 158.41 618.25 Td (fect of derivatives in our) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 256.70 618.25 Td ( Consolidated Statements of Income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.57 618.25 Td (, which combined with transaction ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 606.25 Td (gains and losses amounted to a net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.31 606.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.81 606.25 Td (loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.37 606.25 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.70 606.25 Td ($6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.09 606.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.87 606.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.87 606.25 Td (, net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.58 606.25 Td (loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.15 606.25 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.48 606.25 Td ($27 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.87 606.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.65 606.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.65 606.25 Td ( and net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.80 606.25 Td (loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.36 606.25 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.69 606.25 Td ($14 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.08 606.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 594.25 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 594.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (Derivative Instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 554.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 554.25 Td (e make use of derivative instruments in foreign exchange, commodity price and interest rate hedging programs. Derivatives ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 542.25 Td (currently in use are foreign currency forward contracts, commodity zero-cost collars and interest rate swaps. ) Tj ET Q q 0 0 0 rg BT 485.48 542.25 Td (These contracts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 530.25 Td (are used strictly for hedging and not for speculative purposes. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 510.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 510.25 Td (e are exposed to market risk from fluctuations in interest rates.) Tj ET Q q 0 0 0 rg BT 311.15 510.25 Td (W) Tj ET Q q 0 0 0 rg BT 319.79 510.25 Td (e manage our exposure to interest rate fluctuations through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 498.25 Td (the use of interest rate swaps.) Tj ET Q q 0 0 0 rg BT 170.06 498.25 Td (The objective of the swaps is to more ef) Tj ET Q q 0 0 0 rg BT 329.83 498.25 Td (fectively balance our borrowing costs and interest rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 486.25 Td (risk. ) Tj ET Q q 0 0 0 rg BT 69.82 486.25 Td (The gain or loss on these derivative instruments as well as the of) Tj ET Q q 0 0 0 rg BT 327.91 486.25 Td (fsetting gain or loss on the hedged item attributable to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 474.25 Td (hedged risk are recognized in current income as Interest expense." For more detail on our interest rate swaps see ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.13 474.25 Td (NOTE 9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.29 474.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 462.25 Td (") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.08 462.25 Td (DEBT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.45 462.25 Td (." ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.25 Td (Due to our international business presence, we are exposed to foreign currency exchange risk. ) Tj ET Q q 0 0 0 rg BT 428.01 442.25 Td (W) Tj ET Q q 0 0 0 rg BT 436.65 442.25 Td (e transact in foreign currencies ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (and have assets and liabilities denominated in foreign currencies. Consequently) Tj ET Q q 0 0 0 rg BT 367.04 430.25 Td (, our income experiences some volatility related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.25 Td (to movements in foreign currency exchange rates. In order to benefit from global diversification and after considering naturally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.25 Td (of) Tj ET Q q 0 0 0 rg BT 58.15 406.25 Td (fsetting currency positions, we enter into foreign currency forward contracts to minimize our existing exposures \(recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.25 Td (assets and liabilities\) and hedge forecasted transactions. Foreign currency forward contracts are designated and qualify as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.25 Td (foreign currency cash flow hedges under GAAP) Tj ET Q q 0 0 0 rg BT 241.61 382.25 Td (. ) Tj ET Q q 0 0 0 rg BT 246.43 382.25 Td (The ef) Tj ET Q q 0 0 0 rg BT 272.06 382.25 Td (fective portion of the unrealized gain or loss on the forward contract is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.25 Td (deferred and reported as a component of Accumulated other comprehensive loss \(AOCL\). ) Tj ET Q q 0 0 0 rg BT 421.62 370.25 Td (When the hedged forecasted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.25 Td (transaction \(sale or purchase\) occurs, the unrealized gain or loss is reclassified into income in the same line item associated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.25 Td (with the hedged transaction in the same period or periods during which the hedged transaction af) Tj ET Q q 0 0 0 rg BT 437.20 346.25 Td (fects income. Foreign currency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.25 Td (contracts have been deemed immaterial for additional disclosure.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 314.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 314.25 Td (e are exposed to fluctuations in commodity prices due to contractual agreements with component suppliers. In order to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 302.25 Td (protect ourselves against future price volatility and, consequently) Tj ET Q q 0 0 0 rg BT 310.38 302.25 Td (, fluctuations in gross mar) Tj ET Q q 0 0 0 rg BT 414.35 302.25 Td (gins, we periodically enter into ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 290.25 Td (commodity zero-cost collar contracts with designated banks to fix the cost of certain raw material purchases with the objective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 278.25 Td (of minimizing changes in inventory cost due to market price fluctuations. ) Tj ET Q q 0 0 0 rg BT 345.85 278.25 Td (W) Tj ET Q q 0 0 0 rg BT 354.49 278.25 Td (e have commodity zero-cost collar contracts that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 266.25 Td (represent an economic hedge, but are not designated for hedge accounting and are marked to market through earnings. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 254.25 Td (Commodity swap contracts have been deemed immaterial for additional disclosure.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 234.25 Td (Income ) Tj ET Q q 0 0 0 rg BT 83.98 234.25 Td (T) Tj ET Q q 0 0 0 rg BT 89.73 234.25 Td (ax ) Tj ET Q q 0 0 0 rg BT 101.68 234.25 Td (Accounting) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 214.25 Td (e determine our income tax expense using the asset and liability method. Under this method, deferred tax assets and liabilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.25 Td (are recognized for the future tax ef) Tj ET Q q 0 0 0 rg BT 188.63 202.25 Td (fects of temporary dif) Tj ET Q q 0 0 0 rg BT 275.36 202.25 Td (ferences between the financial statement carrying amounts of existing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.25 Td (assets and liabilities and their respective tax bases. Future tax benefits of tax loss and credit carryforwards are also recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.25 Td (as deferred tax assets. ) Tj ET Q q 0 0 0 rg BT 139.50 178.25 Td (W) Tj ET Q q 0 0 0 rg BT 148.14 178.25 Td (e evaluate the recoverability of our deferred tax assets each quarter by assessing the likelihood of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.25 Td (future profitability and available tax planning strategies that could be implemented to realize our net deferred tax assets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.82 166.25 Td ( ) Tj ET Q q 0 0 0 rg BT 531.77 166.25 Td (A) Tj ET Q q 0 0 0 rg BT 538.44 166.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.25 Td (valuation allowance is recorded to reduce the tax assets to the net value management believes is more likely than not to be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.25 Td (realized. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.64 142.25 Td (In the event our operating performance deteriorates, future assessments could conclude that a lar) Tj ET Q q 0 0 0 rg BT 472.42 142.25 Td (ger valuation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.25 Td (allowance will be needed to further reduce the deferred tax assets. In addition, we operate within multiple taxing jurisdictions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.25 Td (and are subject to tax audits in these jurisdictions. ) Tj ET Q q 0 0 0 rg BT 251.44 118.25 Td (These audits can involve complex issues, which may require an extended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.25 Td (period of time to resolve. ) Tj ET Q q 0 0 0 rg BT 153.13 106.25 Td (W) Tj ET Q q 0 0 0 rg BT 161.76 106.25 Td (e accrue for the estimated additional tax and interest that may result from tax authorities disputing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.25 Td (uncertain tax positions we have taken and we believe we have made adequate provision for income taxes for all years that are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.25 Td (subject to audit based upon the latest information available. ) Tj ET Q q 0 0 0 rg BT 289.94 82.25 Td (A) Tj ET Q q 0 0 0 rg BT 296.61 82.25 Td ( more complete description of our income taxes and the future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.25 Td (benefits of our tax loss and credit carryforwards is disclosed in) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.04 70.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.54 70.25 Td (NOTE 4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.70 70.25 Td (, ") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.78 70.25 Td (INCOME ) Tj ET Q q 0 0 0 rg BT 388.54 70.25 Td (T) Tj ET Q q 0 0 0 rg BT 393.85 70.25 Td (AXES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.97 70.25 Td (.") Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 145 0 obj <>] /Rotate 0 /Contents 146 0 R>> endobj 146 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (72) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Cash and Cash Equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (Cash equivalents are defined as short-term, highly liquid investments with an original maturity of 90days or less at the time of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (purchase. ) Tj ET Q q 0 0 0 rg BT 90.36 710.25 Td (The carrying amounts reflected in our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 244.18 710.25 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.83 710.25 Td ( for cash and cash equivalents approximate fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (value due to the short-term maturity of these investments.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 660.75 339.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 660.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 660.75 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 660.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 660.75 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 660.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 660.75 54.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 673.75 m 447.5 673.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 673.75 m 451.5 673.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 673.75 m 505.5 673.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 673.75 m 509.5 673.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 673.75 m 563.5 673.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 660.75 m 447.5 660.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 660.75 m 505.5 660.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 673.75 m 563.5 673.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 660.75 m 563.5 660.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 678.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 432.95 677.98 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 664.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 412.00 664.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.00 664.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 528.00 664.98 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 650.42 Td (Cash payments for income taxes, net of refunds) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.00 650.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.65 650.43 Td (659) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 650.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 650.42 Td (380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.00 650.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.65 650.42 Td (691) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 635.42 Td (Cash payments for interest, net of capitalized interest) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.65 635.43 Td (65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 635.42 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.65 635.42 Td (32) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 607.25 Td (Marketable Securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 587.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 587.25 Td (e account for marketable securities in accordance with GAAP) Tj ET Q q 0 0 0 rg BT 305.39 587.25 Td ( for investments in debt and equity securities. ) Tj ET Q q 0 0 0 rg BT 489.33 587.25 Td (W) Tj ET Q q 0 0 0 rg BT 497.97 587.25 Td (e determine the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 575.25 Td (appropriate classification of all marketable securities as "held-to-maturity) Tj ET Q q 0 0 0 rg BT 343.60 575.25 Td (, "available-for) Tj ET Q q 0 0 0 rg BT 403.56 575.25 Td (-sale" or "trading" at the time of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 563.25 Td (purchase, and re-evaluate such classifications at each balance sheet date. ) Tj ET Q q 0 0 0 rg BT 342.08 563.25 Td (At December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.16 563.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.16 563.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.60 563.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.60 563.25 Td (, all of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 551.25 Td (investments were classified as available-for) Tj ET Q q 0 0 0 rg BT 224.17 551.25 Td (-sale.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 531.25 Td (A) Tj ET Q q 0 0 0 rg BT 56.48 531.25 Td (vailable-for) Tj ET Q q 0 0 0 rg BT 102.92 531.25 Td (-sale \(AFS\) securities are carried at fair value with the unrealized gain or loss, net of tax, reported in other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 519.25 Td (comprehensive income. Unrealized losses considered to be "other) Tj ET Q q 0 0 0 rg BT 312.68 519.25 Td (-than-temporary" are recognized currently in income. ) Tj ET Q q 0 0 0 rg BT 528.43 519.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 507.25 Td (cost of securities sold is based on the specific identification method. ) Tj ET Q q 0 0 0 rg BT 324.75 507.25 Td (The fair value of most investment securities is determined ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 495.25 Td (by currently available market prices. ) Tj ET Q q 0 0 0 rg BT 198.64 495.25 Td (Where quoted market prices are not available, we use the market price of similar types of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 483.25 Td (securities that are traded in the market to estimate fair value. See ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.28 483.25 Td (NOTE 5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.44 483.25 Td (, ") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.52 483.25 Td (MARKET) Tj ET Q q 0 0 0 rg BT 395.94 483.25 Td (ABLE SECURITIES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.22 483.25 Td (," for a detailed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 471.25 Td (description of our investments in marketable securities.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 451.25 Td (Accounts Receivable and ) Tj ET Q q 0 0 0 rg BT 158.61 451.25 Td (Allowance for) Tj ET Q q 0 0 0 rg BT 218.13 451.25 Td ( Doubtful ) Tj ET Q q 0 0 0 rg BT 260.93 451.25 Td (Accounts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 431.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.76 431.25 Td (rade accounts receivable are recorded at the invoiced amount, which approximates net realizable value, and generally do not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 419.25 Td (bear interest. ) Tj ET Q q 0 0 0 rg BT 103.96 419.25 Td (The allowance for doubtful accounts is our best estimate of the amount of probable credit losses in our existing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 407.25 Td (accounts receivable. ) Tj ET Q q 0 0 0 rg BT 133.38 407.25 Td (W) Tj ET Q q 0 0 0 rg BT 142.02 407.25 Td (e determine the allowance based on our historical collection experience and by performing an analysis ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 395.25 Td (of our accounts receivable in light of the current economic environment. ) Tj ET Q q 0 0 0 rg BT 341.93 395.25 Td (W) Tj ET Q q 0 0 0 rg BT 350.57 395.25 Td (e review our allowance for doubtful accounts on a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 383.25 Td (regular basis. In addition, when necessary) Tj ET Q q 0 0 0 rg BT 216.80 383.25 Td (, we provide an allowance for the full amount of specific accounts deemed to be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 371.25 Td (uncollectible. ) Tj ET Q q 0 0 0 rg BT 106.09 371.25 Td (Account balances are char) Tj ET Q q 0 0 0 rg BT 211.13 371.25 Td (ged of) Tj ET Q q 0 0 0 rg BT 236.22 371.25 Td (f against the allowance in the period in which we determine that it is probable the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 359.25 Td (receivable will not be recovered. ) Tj ET Q q 0 0 0 rg BT 183.09 359.25 Td (The allowance for doubtful accounts balances for the years ended December 31,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.06 359.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.56 359.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.56 359.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 347.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 347.25 Td ( were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.43 347.25 Td ($12 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.82 347.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.26 347.25 Td ($14 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.65 347.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 259.31 347.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 327.25 Td (Inventories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 307.25 Td (Our inventories are stated at the lower of cost or market. For the years ended December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.92 307.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.92 307.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.36 307.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.36 307.25 Td (, approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.62 307.25 Td (14 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 295.25 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.42 295.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.86 295.25 Td (14 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.79 295.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 193.45 295.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.45 295.25 Td (of our consolidated inventories \(primarily heavy-duty and high-horsepower engines and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 283.25 Td (parts\) were valued using the last-in, first-out \(LIFO\) cost method. ) Tj ET Q q 0 0 0 rg BT 314.76 283.25 Td (The cost of other inventories is generally valued using the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 271.25 Td (first-in, first-out \(FIFO\) cost method. Our inventories at interim and year) Tj ET Q q 0 0 0 rg BT 341.40 271.25 Td (-end reporting dates include estimates for adjustments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 259.25 Td (related to annual physical inventory results and for inventory cost changes under the LIFO cost method. Due to significant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 247.25 Td (movements of partially-manufactured components and parts between manufacturing plants, we do not internally measure, nor ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 235.25 Td (do our accounting systems provide, a meaningful segregation between raw materials and work-in-process.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.87 235.25 Td ( See ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.31 235.25 Td (NOTE 6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.47 235.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 223.25 Td (") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.08 223.25 Td (INVENT) Tj ET Q q 0 0 0 rg BT 91.11 223.25 Td (ORIES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.00 223.25 Td (," for additional information.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 203.25 Td (Pr) Tj ET Q q 0 0 0 rg BT 60.37 203.25 Td (operty) Tj ET Q q 0 0 0 rg BT 87.58 203.25 Td (, Plant and Equipment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 183.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 183.25 Td (e record property) Tj ET Q q 0 0 0 rg BT 126.84 183.25 Td (, plant and equipment, inclusive of assets under capital leases, at cost. ) Tj ET Q q 0 0 0 rg BT 407.69 183.25 Td (W) Tj ET Q q 0 0 0 rg BT 416.33 183.25 Td (e depreciate the cost of the majority ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 171.25 Td (of our equipment using the straight-line method with depreciable lives ranging from) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.30 171.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.80 171.25 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.80 171.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.58 171.25 Td (40 years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.18 171.25 Td ( for buildings and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.51 171.25 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.51 171.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.28 171.25 Td (20 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 159.25 Td (years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.10 159.25 Td ( for machinery) Tj ET Q q 0 0 0 rg BT 129.31 159.25 Td (, equipment and fixtures. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.51 159.25 Td (Capital lease amortization is recorded in depreciation expense. ) Tj ET Q q 0 0 0 rg BT 484.28 159.25 Td (W) Tj ET Q q 0 0 0 rg BT 492.92 159.25 Td (e expense ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 147.25 Td (normal maintenance and repair costs as incurred. Depreciation expense totaled) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.31 147.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.81 147.25 Td ($351 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.20 147.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.20 147.25 Td ($318 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.59 147.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.03 147.25 Td ($287 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.42 147.25 Td ( for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 135.25 Td (the years ended December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.28 135.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.28 135.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.28 135.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.28 135.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.71 135.25 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.71 135.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 310.38 135.25 Td (. See ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.31 135.25 Td (NOTE 7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.47 135.25 Td (, ") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.56 135.25 Td (PROPER) Tj ET Q q 0 0 0 rg BT 412.75 135.25 Td (TY) Tj ET Q q 0 0 0 rg BT 424.79 135.25 Td (, PLANT) Tj ET Q q 0 0 0 rg BT 461.83 135.25 Td ( ) Tj ET Q q 0 0 0 rg BT 463.78 135.25 Td (AND EQUIPMENT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.98 135.25 Td (," ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 123.25 Td (for additional information. ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 147 0 obj <>] /Rotate 0 /Contents 148 0 R>> endobj 148 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (73) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Long-Lived ) Tj ET Q q 0 0 0 rg BT 101.96 742.25 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 722.25 Td (e review our long-lived assets for possible impairment whenever events or circumstances indicate that the carrying value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (an asset or asset group may not be recoverable. ) Tj ET Q q 0 0 0 rg BT 240.86 710.25 Td (W) Tj ET Q q 0 0 0 rg BT 249.50 710.25 Td (e assess the recoverability of the carrying value of the long-lived assets at the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (lowest level for which identifiable cash flows are lar) Tj ET Q q 0 0 0 rg BT 259.74 698.25 Td (gely independent of the cash flows of other assets and liabilities. ) Tj ET Q q 0 0 0 rg BT 519.68 698.25 Td (An ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 686.25 Td (impairment of a long-lived asset or asset group exists when the expected future pre-tax cash flows \(undiscounted and without ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 674.25 Td (interest char) Tj ET Q q 0 0 0 rg BT 98.96 674.25 Td (ges\) estimated to be generated by the asset or asset group is less than its carrying value. If these cash flows are less ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 662.25 Td (than the carrying value of such asset or asset group, an impairment loss is measured based on the dif) Tj ET Q q 0 0 0 rg BT 451.10 662.25 Td (ference between the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 650.25 Td (estimated fair value and carrying value of the asset or asset group. ) Tj ET Q q 0 0 0 rg BT 316.29 650.25 Td (Assumptions and estimates used to estimate cash flows in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 638.25 Td (the evaluation of impairment and the fair values used to determine the impairment are subject to a degree of judgment and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.25 Td (complexity) Tj ET Q q 0 0 0 rg BT 94.34 626.25 Td (. ) Tj ET Q q 0 0 0 rg BT 98.79 626.25 Td (Any changes to the assumptions and estimates resulting from changes in actual results or market conditions from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 614.25 Td (those anticipated may af) Tj ET Q q 0 0 0 rg BT 147.28 614.25 Td (fect the carrying value of long-lived assets and could result in a future impairment char) Tj ET Q q 0 0 0 rg BT 495.31 614.25 Td (ge.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 594.25 Td (Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (Under GAAP) Tj ET Q q 0 0 0 rg BT 104.35 574.25 Td ( for goodwill, we have the option to first assess qualitative factors to determine whether it is more likely than not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (that the fair value of a reporting unit is less than its carrying value as a basis for determining whether it is necessary to perform ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (an annual two-step goodwill impairment test. ) Tj ET Q q 0 0 0 rg BT 233.39 550.25 Td (W) Tj ET Q q 0 0 0 rg BT 242.03 550.25 Td (e have elected this option on certain reporting units.The two-step impairment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (test is now only required if an entity determines through this qualitative analysis that it is more likely than not that the fair value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (of the reporting unit is less than its carrying value. In addition, the carrying value of goodwill must be tested for impairment on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (an interim basis in certain circumstances where impairment may be indicated. ) Tj ET Q q 0 0 0 rg BT 363.59 514.25 Td (When we are required or opt to perform the two-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (step impairment test, the fair value of each reporting unit is estimated by discounting the after tax future cash flows less ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (requirements for working capital and fixed asset additions. Our reporting units are generally defined as one level below an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (operating segment. However) Tj ET Q q 0 0 0 rg BT 164.84 478.25 Td (, there are two situations where we have aggregated two or more components which share similar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (economic characteristics and thus are aggregated into a single reporting unit for testing purposes. ) Tj ET Q q 0 0 0 rg BT 440.53 466.25 Td (These two situations are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (described further below) Tj ET Q q 0 0 0 rg BT 144.31 454.25 Td (. ) Tj ET Q q 0 0 0 rg BT 149.13 454.25 Td (This analysis has resulted in the following reporting units for our goodwill testing:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.09 454.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 433.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 433.25 Td (W) Tj ET Q q 0 0 0 rg BT 95.04 433.25 Td (ithin our Components segment, our emission solutions and filtration businesses have been aggregated into a single ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 421.25 Td (reporting unit.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.21 421.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 400.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 400.25 Td (Also within our Components segment, our turbo technologies business is considered a separate reporting unit.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 379.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 379.25 Td (W) Tj ET Q q 0 0 0 rg BT 95.04 379.25 Td (ithin our Power Generation segment, our alternators business is considered a separate reporting unit.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.32 379.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 358.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 358.25 Td (W) Tj ET Q q 0 0 0 rg BT 95.04 358.25 Td (ithin our Engine segment, our new and recon parts business is considered a separate reporting unit. ) Tj ET Q q 0 0 0 rg BT 492.53 358.25 Td (This reporting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 346.25 Td (unit is in the business of selling new parts and remanufacturing and reconditioning engines and certain engine ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 334.25 Td (components.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.83 334.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 313.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 313.25 Td (Our Distribution segment is considered a single reporting unit as it is managed geographically and all regions share ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 301.25 Td (similar economic characteristics and provide similar products and services.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.18 301.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 281.25 Td (No other reporting units have goodwill. Our valuation method requires us to make projections of revenue, operating expenses, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 269.25 Td (working capital investment and fixed asset additions for the reporting units over a multi-year period. ) Tj ET Q q 0 0 0 rg BT 453.78 269.25 Td (Additionally) Tj ET Q q 0 0 0 rg BT 503.69 269.25 Td (, management ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 257.25 Td (must estimate a weighted-average cost of capital, which reflects a market rate, for each reporting unit for use as a discount rate. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 245.25 Td (The discounted cash flows are compared to the carrying value of the reporting unit and, if less than the carrying value, a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 233.25 Td (separate valuation of the goodwill is required to determine if an impairment loss has occurred. In addition, we also perform a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 221.25 Td (sensitivity analysis to determine how much our forecasts can fluctuate before the fair value of a reporting unit would be lower ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 209.25 Td (than its carrying amount. ) Tj ET Q q 0 0 0 rg BT 152.29 209.25 Td (W) Tj ET Q q 0 0 0 rg BT 160.93 209.25 Td (e performed the required procedures as of the end of our fiscal third quarter and determined that our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 197.25 Td (goodwill was not impaired.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.43 197.25 Td ( ) Tj ET Q q 0 0 0 rg BT 161.38 197.25 Td (At December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.46 197.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.46 197.25 Td (, our recorded goodwill was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.88 197.25 Td ($479 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.27 197.25 Td (, approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.53 197.25 Td (82 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.45 197.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.95 197.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 185.25 Td (which resided in the emission solutions plus filtration reporting unit. For this reporting unit, the fair value exceeded its carrying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 173.25 Td (value by a substantial mar) Tj ET Q q 0 0 0 rg BT 154.23 173.25 Td (gin when we performed step one of the two-step impairment test in the current year) Tj ET Q q 0 0 0 rg BT 487.46 173.25 Td (. Changes in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 161.25 Td (projections or estimates, a deterioration of our operating results and the related cash flow ef) Tj ET Q q 0 0 0 rg BT 416.08 161.25 Td (fect or a significant increase in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 149.25 Td (discount rate could decrease the estimated fair value of our reporting units and result in a future impairment of goodwill.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.07 149.25 Td ( See ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 137.25 Td (NOTE 8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.16 137.25 Td (, ") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.24 137.25 Td (GOODWILL) Tj ET Q q 0 0 0 rg BT 146.74 137.25 Td ( ) Tj ET Q q 0 0 0 rg BT 148.69 137.25 Td (AND OTHER INT) Tj ET Q q 0 0 0 rg BT 224.55 137.25 Td (ANGIBLE ) Tj ET Q q 0 0 0 rg BT 270.38 137.25 Td (ASSETS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.50 137.25 Td (,"for additional information.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 149 0 obj <>] /Rotate 0 /Contents 150 0 R>> endobj 150 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (74) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Softwar) Tj ET Q q 0 0 0 rg BT 83.70 742.25 Td (e) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 722.25 Td (e capitalize certain costs for software that are developed or obtained for internal use. Software costs are amortized on a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (straight-line basis over their estimated useful lives generally ranging from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.25 710.25 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.25 710.25 Td ( to) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.03 710.25 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.03 710.25 Td ( years. Software assets are reviewed for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (impairment when events or circumstances indicate that the carrying value may not be recoverable over the remaining lives of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 686.25 Td (the assets. Upgrades and enhancements are capitalized if they result in significant modifications that enable the software to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 674.25 Td (perform tasks it was previously incapable of performing. Software maintenance, training, data conversion and business process ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 662.25 Td (reengineering costs are expensed in the period in which they are incurred. See ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.32 662.25 Td (NOTE 8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.48 662.25 Td (, ") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.56 662.25 Td (GOODWILL) Tj ET Q q 0 0 0 rg BT 461.06 662.25 Td ( ) Tj ET Q q 0 0 0 rg BT 463.01 662.25 Td (AND OTHER ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 650.25 Td (INT) Tj ET Q q 0 0 0 rg BT 65.86 650.25 Td (ANGIBLE ) Tj ET Q q 0 0 0 rg BT 111.69 650.25 Td (ASSETS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.81 650.25 Td (," for additional information.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 630.25 Td (W) Tj ET Q q 0 0 0 rg BT 59.45 630.25 Td (arranty) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 610.25 Td (e char) Tj ET Q q 0 0 0 rg BT 82.60 610.25 Td (ge the estimated costs of warranty programs, other than product recalls, to cost of sales at the time products are sold ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (and revenue is recognized. ) Tj ET Q q 0 0 0 rg BT 158.94 598.25 Td (W) Tj ET Q q 0 0 0 rg BT 167.57 598.25 Td (e use historical experience to develop the estimated liability for our various warranty programs. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (As a result of the uncertainty surrounding the nature and frequency of product recall programs, the liability for such programs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (is recorded when we commit to a recall action or when a recall becomes probable and estimable, which generally occurs when ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (it is announced. ) Tj ET Q q 0 0 0 rg BT 115.36 562.25 Td (The liability for these programs is reflected in the provision for warranties issued. ) Tj ET Q q 0 0 0 rg BT 444.53 562.25 Td (W) Tj ET Q q 0 0 0 rg BT 453.17 562.25 Td (e review and assess the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (liability for these programs on a quarterly basis. ) Tj ET Q q 0 0 0 rg BT 243.94 550.25 Td (W) Tj ET Q q 0 0 0 rg BT 252.57 550.25 Td (e also assess our ability to recover certain costs from our suppliers and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (record a receivable when we believe a recovery is probable. In addition to costs incurred on warranty and recall programs, from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (time to time we also incur costs related to customer satisfaction programs for items not covered by warranty) Tj ET Q q 0 0 0 rg BT 481.72 526.25 Td (. ) Tj ET Q q 0 0 0 rg BT 486.54 526.25 Td (W) Tj ET Q q 0 0 0 rg BT 495.18 526.25 Td (e accrue for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (these costs when agreement is reached with a specific customer) Tj ET Q q 0 0 0 rg BT 303.52 514.25 Td (.) Tj ET Q q 0 0 0 rg BT 308.33 514.25 Td (These costs are not included in the provision for warranties but ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (are included in cost of sales.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 482.25 Td (In addition, we sell extended warranty coverage on most of our engines. ) Tj ET Q q 0 0 0 rg BT 340.84 482.25 Td (The revenue collected is initially deferred and is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 470.25 Td (recognized as revenue in proportion to the costs expected to be incurred in performing services over the contract period. ) Tj ET Q q 0 0 0 rg BT 532.42 470.25 Td (W) Tj ET Q q 0 0 0 rg BT 541.05 470.25 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 458.25 Td (compare the remaining deferred revenue balance quarterly to the estimated amount of future claims under extended warranty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 446.25 Td (programs and provide an additional accrual when the deferred revenue balance is less than expected future costs. See ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.64 446.25 Td (NOTE ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 434.25 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 434.25 Td (, ") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.08 434.25 Td (PRODUCT) Tj ET Q q 0 0 0 rg BT 115.58 434.25 Td ( ) Tj ET Q q 0 0 0 rg BT 117.90 434.25 Td (W) Tj ET Q q 0 0 0 rg BT 126.23 434.25 Td (ARRANTY) Tj ET Q q 0 0 0 rg BT 174.19 434.25 Td ( LIABILITY) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.83 434.25 Td (," for additional information.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 414.25 Td (Resear) Tj ET Q q 0 0 0 rg BT 79.25 414.25 Td (ch and Development) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.25 Td (Our research and development program is focused on product improvements, innovations and cost reductions for our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.25 Td (customers. Research and development expenditures include salaries, contractor fees, building costs, utilities, administrative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.25 Td (expenses and allocation of corporate costs and are expensed, net of contract reimbursements, when incurred. From time to time, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.25 Td (we enter into agreements with customers to fund a portion of the research and development costs of a particular project. ) Tj ET Q q 0 0 0 rg BT 531.60 358.25 Td (W) Tj ET Q q 0 0 0 rg BT 540.23 358.25 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.25 Td (generally account for these reimbursements as an of) Tj ET Q q 0 0 0 rg BT 257.79 346.25 Td (fset to the related research and development expenditure. Research and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.25 Td (development expenses, net of contract reimbursements, were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.30 334.25 Td ($737 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.69 334.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.47 334.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.47 334.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.47 334.25 Td ($700 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.86 334.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.64 334.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.64 334.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.08 334.25 Td ($721 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.47 334.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.25 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 322.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 322.25 Td ( Contract reimbursements were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 200.23 322.25 Td ($121 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.63 322.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.40 322.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.40 322.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.40 322.25 Td ($76 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.80 322.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.57 322.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.57 322.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.01 322.25 Td ($86 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.40 322.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.18 322.25 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.18 322.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 302.25 Td (Related Party ) Tj ET Q q 0 0 0 rg BT 111.46 302.25 Td (T) Tj ET Q q 0 0 0 rg BT 117.39 302.25 Td (ransactions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 282.25 Td (In accordance with the provisions of various joint venture agreements, we may purchase products and components from our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 270.25 Td (joint ventures, sell products and components to our joint ventures and our joint ventures may sell products and components to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 258.25 Td (unrelated parties. Joint venture transfer prices may dif) Tj ET Q q 0 0 0 rg BT 265.85 258.25 Td (fer from normal selling prices. Certain joint venture agreements transfer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 246.25 Td (product at cost, some transfer product on a cost-plus basis, and others transfer product at market value. Our related party sales ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 234.25 Td (are presented on the face of our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 178.54 234.25 Td (Consolidated Statements of Income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.91 234.25 Td (. Our related party purchases were not material to our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 222.25 Td (financial position or results of operations.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 202.25 Td (RECENTL) Tj ET Q q 0 0 0 rg BT 97.43 202.25 Td (Y) Tj ET Q q 0 0 0 rg BT 104.28 202.25 Td ( ) Tj ET Q q 0 0 0 rg BT 106.23 202.25 Td (ADOPTED ) Tj ET Q q 0 0 0 rg BT 157.07 202.25 Td (AND RECENTL) Tj ET Q q 0 0 0 rg BT 228.66 202.25 Td (Y) Tj ET Q q 0 0 0 rg BT 235.51 202.25 Td ( ISSUED ) Tj ET Q q 0 0 0 rg BT 276.08 202.25 Td (ACCOUNTING PRONOUNCEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 182.25 Td (Accounting Pr) Tj ET Q q 0 0 0 rg BT 111.76 182.25 Td (onouncements Recently ) Tj ET Q q 0 0 0 rg BT 214.53 182.25 Td (Adopted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 162.25 Td (In February 2013, the Financial ) Tj ET Q q 0 0 0 rg BT 178.31 162.25 Td (Accounting Standards Board \(F) Tj ET Q q 0 0 0 rg BT 304.49 162.25 Td (ASB\) amended its standards on comprehensive income by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 150.25 Td (requiring disclosure in the footnotes of information about amounts reclassified out of accumulated other comprehensive income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 138.25 Td (by component. Specifically) Tj ET Q q 0 0 0 rg BT 159.04 138.25 Td (, the amendment requires disclosure of the line items on net income in which the item was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 126.25 Td (reclassified only if it is reclassified to net income in its entirety in the same reporting period. ) Tj ET Q q 0 0 0 rg BT 421.94 126.25 Td (The new rules became ef) Tj ET Q q 0 0 0 rg BT 521.70 126.25 Td (fective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 114.25 Td (for us beginning January 1, 2013 and were adopted prospectively in accordance with the standard. ) Tj ET Q q 0 0 0 rg BT 444.97 114.25 Td (The standard resulted in new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 102.25 Td (disclosures in) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.72 102.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.22 102.25 Td (NOTE 15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.38 102.25 Td (, ") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.46 102.25 Td (ACCUMULA) Tj ET Q q 0 0 0 rg BT 211.58 102.25 Td (TED OTHER COMPREHENSIVE INCOME \(LOSS\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.80 102.25 Td (.") Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 151 0 obj <>] /Rotate 0 /Contents 152 0 R>> endobj 152 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (75) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Accounting Pr) Tj ET Q q 0 0 0 rg BT 111.76 742.25 Td (onouncements Issued But Not ) Tj ET Q q 0 0 0 rg BT 240.85 742.25 Td (Y) Tj ET Q q 0 0 0 rg BT 246.96 742.25 Td (et Effective) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (In May 2014, the F) Tj ET Q q 0 0 0 rg BT 126.20 722.25 Td (ASB amended its standards related to revenue recognition. ) Tj ET Q q 0 0 0 rg BT 363.45 722.25 Td (This amendment replaces all existing revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (recognition guidance and provides a single, comprehensive revenue recognition model for all contracts with customers. ) Tj ET Q q 0 0 0 rg BT 529.95 710.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (standard contains principles that we will apply to determine the measurement of revenue and timing of when it is recognized. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 686.25 Td (The underlying principle is that we will recognize revenue in a manner that depicts the transfer of goods or services to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 674.25 Td (customers at an amount that we expect to be entitled to in exchange for those goods or services. ) Tj ET Q q 0 0 0 rg BT 434.98 674.25 Td (The standard allows either full ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 662.25 Td (or modified retrospective adoption. Early adoption is not permitted. ) Tj ET Q q 0 0 0 rg BT 322.81 662.25 Td (The guidance provides a five-step analysis of transactions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 650.25 Td (to determine when and how revenue is recognized. Other major provisions include capitalization of certain contract costs, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 638.25 Td (consideration of time value of money in the transaction price and allowing estimates of variable consideration to be recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.25 Td (before contingencies are resolved in certain circumstances. ) Tj ET Q q 0 0 0 rg BT 288.04 626.25 Td (The amendment also requires additional disclosure about the nature, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 614.25 Td (amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 602.25 Td (changes in judgments and assets recognized from costs incurred to fulfill a contract. ) Tj ET Q q 0 0 0 rg BT 388.05 602.25 Td (The new rules will become ef) Tj ET Q q 0 0 0 rg BT 506.43 602.25 Td (fective for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 590.25 Td (annual and interim periods beginning January 1, 2017. ) Tj ET Q q 0 0 0 rg BT 270.33 590.25 Td (W) Tj ET Q q 0 0 0 rg BT 278.96 590.25 Td (e are in the process of evaluating the impact the amendment will have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 578.25 Td (on our) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 75.83 578.25 Td ( Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.87 578.25 Td (, and we are further considering the impact of each method of adoption.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 153 0 obj <>] /Rotate 0 /Contents 154 0 R>> endobj 154 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.00 15.60 Td (76) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 27.00 578.25 Td (NOTE 2. ) Tj ET Q q 0 0 0 rg BT 69.79 578.25 Td (ACQUISITIONS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 143.70 578.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 27.00 558.25 Td (In September 2013, we announced our intention to acquire the equity that we do not already own in most of our partially-owned United States and Canadian distributors over the next ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 27.00 546.25 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 46.99 546.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.76 546.25 Td (five years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.91 546.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 27.00 526.25 Td (The Distribution segment joint venture acquisitions for the years ended December 31, 2014, 2013 and 2012 were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 26.50 470.75 213.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 470.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 470.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.50 470.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.50 470.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 470.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 470.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 470.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 470.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 470.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 470.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 470.75 13.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 470.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 560.50 470.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 564.50 470.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 616.50 470.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 620.50 470.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 660.50 470.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 664.50 470.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 716.50 470.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 720.50 470.75 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 26.50 440.75 213.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 440.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 440.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.50 440.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.50 440.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 440.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 440.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 440.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 440.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 440.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 440.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 440.75 13.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 440.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 560.50 440.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 564.50 440.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 616.50 440.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 620.50 440.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 660.50 440.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 664.50 440.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 716.50 440.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 720.50 440.75 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 26.50 410.75 213.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 410.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 410.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.50 410.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.50 410.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 410.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 410.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 410.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 410.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 410.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 410.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 410.75 13.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 410.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 560.50 410.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 564.50 410.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 616.50 410.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 620.50 410.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 660.50 410.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 664.50 410.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 716.50 410.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 720.50 410.75 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 26.50 380.75 213.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 380.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 380.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.50 380.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.50 380.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 380.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 380.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 380.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 380.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 380.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 380.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 380.75 13.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 380.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 560.50 380.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 564.50 380.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 616.50 380.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 620.50 380.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 660.50 380.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 664.50 380.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 716.50 380.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 720.50 380.75 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 26.50 350.75 213.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 350.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 350.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.50 350.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.50 350.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 350.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 350.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 350.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 350.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 350.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 350.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 350.75 13.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 350.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 560.50 350.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 564.50 350.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 616.50 350.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 620.50 350.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 660.50 350.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 664.50 350.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 716.50 350.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 720.50 350.75 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 26.50 320.75 213.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 320.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 320.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.50 320.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.50 320.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 320.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 320.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 320.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 320.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 320.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 320.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 320.75 13.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 320.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 560.50 320.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 564.50 320.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 616.50 320.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 620.50 320.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 660.50 320.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 664.50 320.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 716.50 320.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 720.50 320.75 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 26.50 290.75 213.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 290.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 290.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.50 290.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.50 290.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 290.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 290.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 290.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 290.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 290.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 290.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 290.75 13.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 290.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 560.50 290.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 564.50 290.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 616.50 290.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 620.50 290.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 660.50 290.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 664.50 290.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 716.50 290.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 720.50 290.75 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 26.50 260.75 213.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 260.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 260.75 46.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.50 260.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.50 260.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 260.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 260.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 260.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 260.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 260.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.50 260.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 260.75 13.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 260.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 560.50 260.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 564.50 260.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 616.50 260.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 620.50 260.75 40.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 660.50 260.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 664.50 260.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 716.50 260.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 720.50 260.75 44.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 26.5 470.75 m 239.5 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 470.75 m 243.5 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 470.75 m 289.5 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 470.75 m 293.5 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293.5 470.75 m 338.5 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 470.75 m 342.5 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 470.75 m 382.5 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 470.75 m 386.5 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 470.75 m 436.5 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 470.75 m 440.5 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 470.75 m 495.5 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 470.75 m 508.5 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 470.75 m 560.5 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 560.5 470.75 m 564.5 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 564.5 470.75 m 616.5 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 616.5 470.75 m 620.5 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 620.5 470.75 m 660.5 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 660.5 470.75 m 664.5 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 664.5 470.75 m 716.5 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 716.5 470.75 m 720.5 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 720.5 470.75 m 764.5 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 26.5 350.75 m 239.5 350.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 350.75 m 243.5 350.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 350.75 m 289.5 350.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 350.75 m 293.5 350.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293.5 350.75 m 338.5 350.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 350.75 m 342.5 350.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 350.75 m 382.5 350.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 350.75 m 386.5 350.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 350.75 m 436.5 350.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 350.75 m 440.5 350.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 350.75 m 495.5 350.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 350.75 m 508.5 350.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 350.75 m 560.5 350.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 560.5 350.75 m 564.5 350.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 564.5 350.75 m 616.5 350.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 616.5 350.75 m 620.5 350.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 620.5 350.75 m 660.5 350.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 660.5 350.75 m 664.5 350.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 664.5 350.75 m 716.5 350.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 716.5 350.75 m 720.5 350.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 720.5 350.75 m 764.5 350.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 26.5 275.75 m 239.5 275.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 275.75 m 243.5 275.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 275.75 m 289.5 275.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 275.75 m 293.5 275.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293.5 275.75 m 338.5 275.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 275.75 m 342.5 275.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 275.75 m 382.5 275.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382.5 275.75 m 386.5 275.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 275.75 m 436.5 275.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 275.75 m 440.5 275.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440.5 275.75 m 495.5 275.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 275.75 m 508.5 275.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 275.75 m 560.5 275.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 560.5 275.75 m 564.5 275.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 564.5 275.75 m 616.5 275.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 616.5 275.75 m 620.5 275.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 620.5 275.75 m 660.5 275.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 660.5 275.75 m 664.5 275.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 664.5 275.75 m 716.5 275.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 716.5 275.75 m 720.5 275.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 720.5 275.75 m 764.5 275.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 29.00 474.98 Td (Entity Acquired \(Dollars in millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 253.65 482.98 Td (Date of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 246.40 474.98 Td (Acquisition) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 297.25 498.98 Td (Additional) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 302.45 490.98 Td (Percent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 302.20 482.98 Td (Interest) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 299.55 474.98 Td (Acquired) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 345.30 498.98 Td (Payments) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 358.65 490.98 Td (to) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 348.95 482.98 Td (Former) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 348.65 474.98 Td (Owners) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.40 498.98 Td (Acquisition) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.85 490.98 Td (Related) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.75 482.98 Td (Debt) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.15 474.98 Td (Retirements) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.75 490.98 Td (Total) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 451.75 482.98 Td (Purchase) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.25 474.98 Td (Consideration) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 521.25 482.98 Td (T) Tj ET Q q 0 0 0 rg BT 525.99 482.98 Td (ype of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 511.40 474.98 Td (Acquisition) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 550.52 478.61 Td (\(1\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 581.55 482.98 Td (Gain ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 567.40 474.98 Td (Recognized) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 606.50 478.61 Td (\(1\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 624.40 482.98 Td (Goodwill) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 624.05 474.98 Td (Acquired) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 670.85 482.98 Td (Intangibles ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 667.40 474.98 Td (Recognized) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 706.50 478.61 Td (\(2\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 726.30 498.98 Td (Net Sales ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 727.15 490.98 Td (Pr) Tj ET Q q 0 0 0 rg BT 735.44 490.98 Td (evious ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 723.20 482.98 Td (Fiscal ) Tj ET Q q 0 0 0 rg BT 744.90 482.98 Td (Y) Tj ET Q q 0 0 0 rg BT 749.79 482.98 Td (ear) Tj ET Q q 0 0 0 rg BT 760.75 482.98 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 727.85 474.98 Td (Ended) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 750.08 478.61 Td (\(3\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 29.00 460.20 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 29.00 445.42 Td (Cummins Bridgeway LLC \(Bridgeway\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 188.70 449.95 Td (\(4\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.40 445.42 Td (11/03/14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.30 445.42 Td (54%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.00 445.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.65 445.42 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.00 445.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 445.42 Td (45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.00 445.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 445.42 Td (77) Tj ET Q BT /F1 5.85 Tf ET q 0 0 0 rg BT 498.00 449.85 Td (\(5\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.25 445.42 Td (COMB) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 567.00 445.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 602.65 445.42 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 623.00 445.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 651.65 445.42 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 667.00 445.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 702.65 445.42 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 723.00 445.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 745.65 445.42 Td (331) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 29.00 430.42 Td (Cummins Npower LLC \(Npower\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.20 430.42 Td (09/29/14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.30 430.42 Td (50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.65 430.42 Td (33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 430.42 Td (34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 430.42 Td (73) Tj ET Q BT /F1 5.85 Tf ET q 0 0 0 rg BT 498.00 434.85 Td (\(5\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.25 430.42 Td (COMB) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 602.65 430.42 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 651.65 430.42 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 707.65 430.42 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 745.65 430.42 Td (374) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 29.00 415.42 Td (Cummins Power South LLC \(Power South\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.20 415.42 Td (09/29/14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.30 415.42 Td (50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.65 415.42 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 415.42 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 415.42 Td (35) Tj ET Q BT /F1 5.85 Tf ET q 0 0 0 rg BT 498.00 419.85 Td (\(5\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.25 415.42 Td (COMB) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 607.65 415.42 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 651.65 415.42 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 707.65 415.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 745.65 415.42 Td (239) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 29.00 400.42 Td (Cummins Eastern Canada LP \(Eastern Canada\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.20 400.42 Td (08/04/14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.30 400.42 Td (50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.65 400.42 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 400.42 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 400.42 Td (62) Tj ET Q BT /F1 5.85 Tf ET q 0 0 0 rg BT 498.00 404.85 Td (\(5\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.25 400.42 Td (COMB) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 602.65 400.42 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 651.65 400.42 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 707.65 400.42 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 745.65 400.42 Td (228) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 29.00 385.42 Td (Cummins Power Systems LLC \(Power Systems\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.20 385.42 Td (05/05/14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.30 385.42 Td (30%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.65 385.42 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 385.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 385.42 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.55 385.42 Td (EQUITY) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 602.65 385.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 646.65 385.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 702.65 385.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 750.65 385.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 29.00 370.42 Td (Cummins Southern Plains LLC \(Southern Plains\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.20 370.42 Td (03/31/14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.30 370.42 Td (50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.65 370.42 Td (43) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 370.42 Td (48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 370.42 Td (92) Tj ET Q BT /F1 5.85 Tf ET q 0 0 0 rg BT 498.00 374.85 Td (\(5\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.25 370.42 Td (COMB) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 602.65 370.42 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 651.65 370.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 702.65 370.42 Td (11) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 745.65 370.42 Td (433) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 29.00 355.42 Td (Cummins Mid-South LLC \(Mid-South\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.20 355.42 Td (02/14/14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.55 355.42 Td (62.2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.65 355.42 Td (55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 355.42 Td (61) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.65 355.42 Td (118) Tj ET Q BT /F1 5.85 Tf ET q 0 0 0 rg BT 498.05 359.85 Td (\(5\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.25 355.42 Td (COMB) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 607.65 355.42 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 651.65 355.42 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 707.65 355.42 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 745.65 355.42 Td (368) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 29.00 340.20 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 29.00 325.42 Td (Cummins Western Canada LP \(Western Canada\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.20 325.42 Td (12/31/13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.30 325.42 Td (35%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.00 325.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.65 325.42 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.00 325.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 325.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.00 325.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 325.42 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.55 325.42 Td (EQUITY) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 567.00 325.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 602.65 325.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 623.00 325.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 646.65 325.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 667.00 325.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 702.65 325.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 723.00 325.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 750.65 325.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 29.00 310.42 Td (Cummins Rocky Mountain LLC \(Rocky Mountain\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.20 310.42 Td (05/06/13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.30 310.42 Td (67%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.65 310.42 Td (62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 310.42 Td (74) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.65 310.42 Td (136) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.25 310.42 Td (COMB) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 607.65 310.42 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 646.65 310.42 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 707.65 310.42 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 745.65 310.42 Td (384) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 29.00 295.42 Td (Cummins Northwest LLC \(Northwest\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.20 295.42 Td (07/01/13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.05 295.42 Td (20.01%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 295.42 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 295.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 295.42 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.55 295.42 Td (EQUITY) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 602.65 295.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 646.65 295.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 702.65 295.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 750.65 295.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 29.00 280.42 Td (Cummins Northwest LLC \(Northwest\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 184.26 284.95 Td (\(6\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.20 280.42 Td (01/31/13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.30 280.42 Td (50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.65 280.42 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 280.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 280.42 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.25 280.42 Td (COMB) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 607.65 280.42 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 651.65 280.42 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 707.65 280.42 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 745.65 280.42 Td (137) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 29.00 265.20 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 29.00 250.42 Td (Cummins Central Power LLC \(Central Power\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 215.91 254.95 Td (\(7\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.20 250.42 Td (07/02/12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.30 250.42 Td (45%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.00 250.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.65 250.42 Td (26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.00 250.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 250.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.00 250.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.65 250.42 Td (26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.25 250.42 Td (COMB) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 567.00 250.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 607.65 250.42 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 623.00 250.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 646.65 250.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 667.00 250.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 707.65 250.42 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 723.00 250.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 745.65 250.42 Td (209) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 27.00 239.05 Td (____________________________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 27.00 230.07 Td (\(1\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 40.50 226.45 Td (All results from acquired entities were included in Distribution segment results subsequent to the acquisition date. Previously consolidated entities were accounted for as equity transactions \(EQUITY\). Newly consolidated ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 40.50 216.85 Td (entities were accounted for as business combinations \(COMB\) with gains recognized based on the requirement to remeasure our pre-existing ownership to fair value in accordance with GAAP) Tj ET Q q 0 0 0 rg BT 653.35 216.85 Td ( and are included in the ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 40.50 207.25 Td (Consolidated Statements of Income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 153.59 207.25 Td ( as "Other income \(expense\), net.") Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 27.00 195.88 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 33.06 196.78 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 40.50 192.25 Td (Intangible assets acquired in business combinations were mostly customer related, the majority of which will be amortized over a period of up to ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 506.15 192.25 Td (five years) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 537.47 192.25 Td ( from the date of the acquisition. ) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 27.00 183.27 Td (\(3\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 33.06 179.65 Td ( ) Tj ET Q q 0 0 0 rg BT 40.50 179.65 Td (Sales amounts are not fully incremental to our consolidated sales as the amount would be reduced by the elimination of sales to the previously unconsolidated entity) Tj ET Q q 0 0 0 rg BT 565.85 179.65 Td (.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 27.00 170.68 Td (\(4\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 40.86 167.05 Td (Purchase accounting for this acquisition is preliminary awaiting customary adjustment to purchase price in accordance with the purchase agreements.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 27.00 158.07 Td (\(5\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 40.50 154.45 Td (The "T) Tj ET Q q 0 0 0 rg BT 62.53 154.45 Td (otal Purchase Consideration" represents the total amount that will or is estimated to be paid to complete the acquisition. In some instances a portion of the acquisition payment has not yet been made and will be paid in ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 40.50 144.85 Td (future periods in accordance with the purchase contract. ) Tj ET Q q 0 0 0 rg BT 221.39 144.85 Td (The total outstanding consideration at December 31, 2014, was ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 425.55 144.85 Td ($22 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 462.67 144.85 Td (.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 27.00 135.88 Td (\(6\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 33.06 132.25 Td ( ) Tj ET Q q 0 0 0 rg BT 40.50 132.25 Td (Prior to our decision to acquire the remaining interest in our North ) Tj ET Q q 0 0 0 rg BT 254.67 132.25 Td (American and Canadian distributors, we acquired the remaining ownership interest in Northwest and immediately formed a new partnership with a new ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 40.50 122.65 Td (distributor principal and sold ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 135.15 122.65 Td (20.01 percent) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 178.69 122.65 Td ( to the new distributor principal. ) Tj ET Q q 0 0 0 rg BT 283.64 122.65 Td (W) Tj ET Q q 0 0 0 rg BT 290.55 122.65 Td (e retained a new ownership in Northwest of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 432.28 122.65 Td (79.99 percent) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 475.82 122.65 Td (. ) Tj ET Q q 0 0 0 rg BT 479.68 122.65 Td (W) Tj ET Q q 0 0 0 rg BT 486.59 122.65 Td (e subsequently repurchased the remaining outstanding interest under the new contract ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 40.50 113.05 Td (in July 2013.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 27.00 104.08 Td (\(7\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 40.50 100.45 Td (After the acquisition, Cummins owned a ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 172.25 100.45 Td (79.99 percent) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 215.79 100.45 Td ( interest in Central Power) Tj ET Q q 0 0 0 rg BT 297.11 100.45 Td (.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 591.2669921875 m 120.9521484375 591.2669921875 l s q 0 0 1 rg BT 50.00 592.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 592.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 155 0 obj <>] /Rotate 0 /Contents 156 0 R>> endobj 156 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (77) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (The final purchase allocations for the lar) Tj ET Q q 0 0 0 rg BT 211.97 742.10 Td (gest acquisitions for 2014 and 2013 were as follows:) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.75 545.10 Td ( ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 80.75 709.60 200.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.75 709.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.75 709.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.75 709.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.75 709.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.75 709.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.75 709.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 80.75 679.60 200.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.75 679.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.75 679.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.75 679.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.75 679.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.75 679.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.75 679.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 80.75 649.60 200.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.75 649.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.75 649.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.75 649.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.75 649.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.75 649.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.75 649.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 80.75 619.60 200.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.75 619.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.75 619.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.75 619.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.75 619.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.75 619.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.75 619.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 80.75 589.60 200.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.75 589.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.75 589.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.75 589.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.75 589.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.75 589.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.75 589.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 80.75 559.60 200.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 280.75 559.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 284.75 559.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.75 559.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.75 559.60 80.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.75 559.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.75 559.60 80.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 80.75 709.6 m 280.75 709.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.75 709.6 m 364.75 709.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.75 709.6 m 448.75 709.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.75 709.6 m 532.75 709.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 80.75 709.6 m 280.75 709.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.75 589.6 m 364.75 589.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.75 589.6 m 448.75 589.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.75 589.6 m 532.75 589.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.75 559.6 m 532.75 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.75 559.6 m 364.75 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.75 545.6 m 364.75 545.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 284.75 543.6 m 364.75 543.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.75 559.6 m 448.75 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.75 545.6 m 448.75 545.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.75 543.6 m 448.75 543.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.75 559.6 m 532.75 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.75 545.6 m 532.75 545.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.75 543.6 m 532.75 543.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 83.25 713.83 Td (Inmillions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 290.20 714.28 Td (Southern Plains) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 385.15 714.28 Td (Mid-South) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.25 714.28 Td (Rocky Mountain) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.25 699.27 Td (Accounts receivable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.25 699.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.90 699.27 Td (63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.25 699.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.90 699.27 Td (71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.25 699.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.90 699.27 Td (48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.25 684.27 Td (Inventory) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.90 684.27 Td (59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.90 684.27 Td (70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.90 684.27 Td (100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.25 669.27 Td (Fixed assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.90 669.27 Td (47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.90 669.27 Td (37) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.90 669.27 Td (34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.25 654.27 Td (Intangible assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.90 654.27 Td (11) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.90 654.27 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.90 654.27 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.25 639.27 Td (Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.90 639.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.90 639.27 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.90 639.27 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.25 624.27 Td (Other current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.90 624.27 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.90 624.27 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.90 624.27 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.25 609.27 Td (Current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.55 609.32 Td (\(53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.90 609.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.55 609.32 Td (\(43) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.90 609.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.55 609.32 Td (\(41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.90 609.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.25 594.27 Td (Other long-term liability) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.90 594.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.55 594.32 Td (\(4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.90 594.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.90 594.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.25 579.27 Td (Total business valuation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.90 579.27 Td (136) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.90 579.27 Td (153) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.90 579.27 Td (167) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.25 564.27 Td (Fair value of pre-existing interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.55 564.32 Td (\(44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.90 564.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.55 564.32 Td (\(35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.90 564.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.55 564.32 Td (\(31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.90 564.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.25 549.27 Td (Total purchase consideration) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.25 549.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.90 549.27 Td (92) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.25 549.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.90 549.27 Td (118) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.25 549.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.90 549.27 Td (136) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 525.10 Td (North ) Tj ET Q q 0 0 0 rg BT 75.28 525.10 Td (American distributor acquisitions excluded from the table were deemed immaterial individually and in the aggregate for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 513.10 Td (additional disclosure.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 493.10 Td (Hilite Germany GmbH) Tj ET Q BT /F2 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 473.10 Td (In July 2012, we purchased the doser technology and business assets from Hilite Germany GmbH \(Hilite\) in a cash transaction. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 461.10 Td (Dosers are products that enable compliance with emission standards in certain aftertreatment systems and complement our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 449.10 Td (current product of) Tj ET Q q 0 0 0 rg BT 122.01 449.10 Td (ferings. ) Tj ET Q q 0 0 0 rg BT 154.60 449.10 Td (The purchase price was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.22 449.10 Td ($176 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.61 449.10 Td ( and is summarized below) Tj ET Q q 0 0 0 rg BT 406.38 449.10 Td (. ) Tj ET Q q 0 0 0 rg BT 411.20 449.10 Td (There was no contingent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 437.10 Td (consideration associated with this transaction. During 2012, we expensed approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.02 437.10 Td ($4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.41 437.10 Td ( of acquisition related costs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 417.10 Td (The acquisition of Hilite was accounted for as a business combination with the results of the acquired entity and the goodwill ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 405.10 Td (included in the Components operating segment beginning in the third quarter of 2012. ) Tj ET Q q 0 0 0 rg BT 396.42 405.10 Td (The majority of the purchase price was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 393.10 Td (allocated to technology and customer related intangible assets and goodwill.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 373.10 Td (Intangible assets by asset class, including weighted average amortization life, were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 143.50 326.60 171.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 314.50 326.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 326.60 67.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 326.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 326.60 78.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 143.50 298.60 171.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 314.50 298.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 298.60 67.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 298.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 298.60 78.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 326.6 m 385.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 326.6 m 467.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 284.6 m 385.5 284.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 270.6 m 385.5 270.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 268.6 m 385.5 268.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 146.00 330.83 Td (Dollars in millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 326.10 338.83 Td (Pur) Tj ET Q q 0 0 0 rg BT 338.84 338.83 Td (chase price) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 334.80 330.83 Td (allocation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.45 346.68 Td (W) Tj ET Q q 0 0 0 rg BT 405.01 346.68 Td (eighted average) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 399.65 338.68 Td (amortization life) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.55 330.68 Td (in years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.00 317.17 Td (Technology) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.00 317.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 317.17 Td (52) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.50 317.17 Td (10.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.00 303.17 Td (Customer) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 303.17 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.50 303.17 Td (4.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.00 289.17 Td (License arrangements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 289.17 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.50 289.17 Td (6.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.00 274.27 Td (Total intangible assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.00 274.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 274.27 Td (83) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.50 274.27 Td (8.5) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (The purchase allocation was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 204.00 227.60 152.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 227.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 227.60 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 204.00 199.60 152.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 199.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 199.60 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 204.00 171.60 152.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 171.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 171.60 47.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 157.60000000000002 m 407 157.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 144.60000000000002 m 407 144.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 142.60000000000002 m 407 142.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 206.50 231.68 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 362.50 231.68 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.50 218.17 Td (Inventory) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.50 218.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 218.17 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.50 204.17 Td (Fixed assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 204.17 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.50 190.17 Td (Intangible assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 190.17 Td (83) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.50 176.17 Td (Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 176.17 Td (91) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.50 162.17 Td (Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.80 162.17 Td (\(8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.15 162.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.50 148.17 Td (Total purchase consideration) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.50 148.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 148.17 Td (176) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 124.10 Td (Net sales for Hilite were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.24 124.10 Td ($104 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.63 124.10 Td ( for 2012, of which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.06 124.10 Td ($46 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.45 124.10 Td ( was included in our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 411.04 124.10 Td (Consolidated Statements of Income. ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 157 0 obj <>] /Rotate 0 /Contents 158 0 R>> endobj 158 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (78) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (NOTE 3. INVESTMENTS IN EQUITY) Tj ET Q q 0 0 0 rg BT 221.33 742.25 Td ( INVESTEES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 279.97 742.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (Investments in and advances to equity investees and our ownership percentage was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 111.50 684.75 203.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 314.50 684.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 684.75 77.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 684.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.50 684.75 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 684.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 684.75 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 111.50 658.75 203.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 314.50 658.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 658.75 77.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 658.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.50 658.75 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 658.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 658.75 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 111.50 631.75 203.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 314.50 631.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 631.75 77.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 631.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.50 631.75 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 631.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 631.75 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 111.50 605.75 203.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 314.50 605.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 605.75 77.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 605.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.50 605.75 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 605.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 605.75 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 111.50 578.75 203.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 314.50 578.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.50 578.75 77.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.50 578.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.50 578.75 48.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 578.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.50 578.75 48.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 697.75 m 447.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 697.75 m 451.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 697.75 m 499.5 697.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 684.75 m 395.5 684.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 684.75 m 447.5 684.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 684.75 m 499.5 684.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318.5 684.75 m 395.5 684.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 578.75 m 447.5 578.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 566.75 m 447.5 566.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399.5 564.75 m 447.5 564.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 578.75 m 499.5 578.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 566.75 m 499.5 566.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451.5 564.75 m 499.5 564.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 114.00 702.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 321.00 702.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.75 701.98 Td (December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 114.00 688.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 332.60 688.98 Td (Ownership %) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.00 688.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.00 688.98 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.00 675.32 Td (Komatsu alliances) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.65 675.32 Td (20-50%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 402.00 675.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.65 675.48 Td (160) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 675.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 675.32 Td (132) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.00 662.32 Td (Dongfeng Cummins Engine Company,Ltd.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.30 662.32 Td (50%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.65 662.48 Td (136) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 662.32 Td (135) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.00 649.32 Td (Beijing Foton Cummins Engine Co.,Ltd. ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 282.06 653.85 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.30 649.32 Td (50%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.65 649.48 Td (117) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 649.32 Td (103) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.00 636.32 Td (Chongqing Cummins Engine Company,Ltd.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.30 636.32 Td (50%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.65 636.43 Td (92) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.65 636.32 Td (67) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.00 622.32 Td (Cummins-Scania XPI Manufacturing, LLC) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.30 622.32 Td (50%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.65 622.48 Td (85) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.65 622.32 Td (71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.00 609.32 Td (Tata Cummins,Ltd.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.30 609.32 Td (50%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.65 609.48 Td (57) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.65 609.32 Td (50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.00 596.32 Td (North ) Tj ET Q q 0 0 0 rg BT 139.28 596.32 Td (American distributors ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 229.26 600.85 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.65 596.32 Td (49-50%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 433.65 596.43 Td (41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 596.32 Td (114) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.00 582.32 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.20 582.32 Td (Various) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.65 582.48 Td (293) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 582.32 Td (259) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.00 569.32 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.50 569.32 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 402.00 569.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 428.65 569.48 Td (981) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.00 569.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 569.32 Td (931) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 113.00 559.05 Td (_______________________________________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 113.00 550.08 Td (\(1\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 120.36 546.45 Td ( Includes both the light-duty and the heavy-duty businesses.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 113.00 537.48 Td (\(2\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 119.06 533.85 Td ( Current ownership percentage of North ) Tj ET Q q 0 0 0 rg BT 248.36 533.85 Td (American distributor investments as of December 31, 2014.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 513.85 Td (Equity) Tj ET Q q 0 0 0 rg BT 76.02 513.85 Td (, royalty and interest income from investees, net of applicable taxes, was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 113.50 477.35 252.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.50 477.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 477.35 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 477.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.50 477.35 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 477.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 477.35 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 113.50 451.35 252.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.50 451.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 451.35 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 451.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.50 451.35 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 451.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 451.35 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 113.50 425.35 252.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.50 425.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 425.35 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 425.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.50 425.35 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 425.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 425.35 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 113.50 399.35 252.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.50 399.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 399.35 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 399.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.50 399.35 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 399.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 399.35 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 113.50 373.35 252.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.50 373.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 373.35 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 373.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.50 373.35 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 373.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 373.35 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 113.50 347.35 252.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.50 347.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 347.35 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 347.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.50 347.35 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 347.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 347.35 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 113.50 321.35 252.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.50 321.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 321.35 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 321.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.50 321.35 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 321.35 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 321.35 40.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 490.35 m 409.5 490.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 490.35 m 413.5 490.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 490.35 m 453.5 490.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 490.35 m 457.5 490.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 490.35 m 497.5 490.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 477.35 m 409.5 477.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 477.35 m 453.5 477.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 477.35 m 497.5 477.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 347.35 m 409.5 347.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 347.35 m 453.5 347.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 347.35 m 497.5 347.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 321.35 m 409.5 321.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 309.35 m 409.5 309.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 307.35 m 409.5 307.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 321.35 m 453.5 321.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 309.35 m 453.5 309.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413.5 307.35 m 453.5 307.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 321.35 m 497.5 321.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 309.35 m 497.5 309.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 307.35 m 497.5 307.35 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 116.00 494.08 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.95 494.58 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 116.00 481.58 Td (Inmillions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 381.00 481.58 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.00 481.58 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.00 481.58 Td (2012) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 116.00 468.08 Td (Distribution Entities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.00 467.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.00 467.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.00 467.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 454.92 Td (North American distributors) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.00 455.08 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 390.65 455.08 Td (107) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.00 454.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.65 454.92 Td (129) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.00 454.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.65 454.92 Td (147) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 441.92 Td (Komatsu Cummins Chile, Ltda.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.65 442.08 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 441.92 Td (25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 441.92 Td (26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 428.92 Td (All other distributors) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 429.08 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 428.92 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 428.92 Td (4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 116.00 416.08 Td (Manufacturing Entities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.00 415.92 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 402.92 Td (Dongfeng Cummins Engine Company,Ltd.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.65 403.08 Td (67) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 402.92 Td (63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 402.92 Td (52) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 389.92 Td (Chongqing Cummins Engine Company,Ltd.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.65 390.08 Td (51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 389.92 Td (58) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 389.92 Td (61) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 376.92 Td (Beijing Foton Cummins Engine Co.,Ltd. \(Light-duty\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.65 377.08 Td (28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 376.92 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 376.92 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 363.92 Td (Beijing Foton Cummins Engine Co., Ltd. \(Heavy-duty\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 392.30 364.13 Td (\(30) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 405.65 364.08 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.30 363.97 Td (\(21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 363.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.30 363.97 Td (\(13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 363.92 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 350.92 Td (All other manufacturers) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.65 351.08 Td (74) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 350.92 Td (53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 350.92 Td (65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.00 337.92 Td (Cummins share of net income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 390.65 338.08 Td (330) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.65 337.92 Td (325) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.65 337.92 Td (347) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 324.92 Td (Royalty and interest income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.65 325.08 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 324.92 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 324.92 Td (37) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.00 311.92 Td (Equity, royalty and interest income from investees) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 372.00 312.08 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 390.65 312.08 Td (370) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.00 311.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.65 311.92 Td (361) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.00 311.92 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.65 311.92 Td (384) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 288.85 Td (Distribution Entities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 268.85 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 268.85 Td (e have an extensive worldwide distributor and dealer network through which we sell and distribute our products and services. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 256.85 Td (Generally) Tj ET Q q 0 0 0 rg BT 88.77 256.85 Td (, our distributors are divided by geographic region with some of our distributors being wholly-owned by Cummins, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 244.85 Td (some partially-owned and the majority independently owned. ) Tj ET Q q 0 0 0 rg BT 298.09 244.85 Td (W) Tj ET Q q 0 0 0 rg BT 306.72 244.85 Td (e consolidate all wholly-owned distributors and partially-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 232.85 Td (owned distributors where we are the primary beneficiary and account for other partially-owned distributors using the equity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 220.85 Td (method of accounting.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 199.85 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 86.00 199.85 Td (North ) Tj ET Q q 0 0 0 rg BT 112.58 199.85 Td (American Distributors - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.43 199.85 Td (As of December 31, 2014, our distribution channel in North ) Tj ET Q q 0 0 0 rg BT 455.05 199.85 Td (America included) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.41 199.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.91 199.85 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.90 199.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 187.85 Td (unconsolidated partially-owned distributors. Our equity interests in these nonconsolidated entities ranged from) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.68 187.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.18 187.85 Td (49 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 175.85 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.42 175.85 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.20 175.85 Td (50 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.13 175.85 Td (. ) Tj ET Q q 0 0 0 rg BT 174.95 175.85 Td (W) Tj ET Q q 0 0 0 rg BT 183.58 175.85 Td (e also had more than a) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.27 175.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.77 175.85 Td (50 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.69 175.85 Td ( ownership interest in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.57 175.85 Td (two) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.57 175.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.07 175.85 Td (partially owned distributors which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 163.85 Td (we consolidate. ) Tj ET Q q 0 0 0 rg BT 150.52 163.85 Td (While each distributor is a separate legal entity) Tj ET Q q 0 0 0 rg BT 337.86 163.85 Td (, the business of each is substantially the same as that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 151.85 Td (of our wholly-owned distributors based in other parts of the world. ) Tj ET Q q 0 0 0 rg BT 354.84 151.85 Td (All of our distributors, irrespective of their legal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 139.85 Td (structure or ownership, of) Tj ET Q q 0 0 0 rg BT 189.13 139.85 Td (fer the full range of our products and services to customers and end-users in their respective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 127.85 Td (markets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.16 127.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 106.85 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 86.00 106.85 Td (Komatsu Cummins Chile, Ltda. - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.64 106.85 Td (Komatsu Cummins Chile, Ltda. is a joint venture with Komatsu ) Tj ET Q q 0 0 0 rg BT 482.40 106.85 Td (America ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 94.85 Td (Corporation. ) Tj ET Q q 0 0 0 rg BT 139.14 94.85 Td (The joint venture is a distributor that of) Tj ET Q q 0 0 0 rg BT 296.43 94.85 Td (fers the full range of our products and services to customers and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 82.85 Td (end-users in the Chilean and Peruvian markets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.56 82.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 62.85 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 62.85 Td (e also have) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.06 62.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.56 62.85 Td (50 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.49 62.85 Td ( equity interests in) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.08 62.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.58 62.85 Td (five) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.13 62.85 Td ( other international distributors.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.77 62.85 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 159 0 obj <>] /Rotate 0 /Contents 160 0 R>> endobj 160 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (79) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 742.10 Td (e are contractually obligated to repurchase new engines, parts and components, special tools and signage from our North ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (American distributors following an ownership transfer or termination of the distributor) Tj ET Q q 0 0 0 rg BT 396.59 730.10 Td (. In addition, in certain cases where we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (own a partial interest in a distributor) Tj ET Q q 0 0 0 rg BT 195.12 718.10 Td (, we are obligated to purchase the other equity holders' interests if certain events occur ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (\(such as the death or resignation of the distributor principal or a change in control of CumminsInc.\). ) Tj ET Q q 0 0 0 rg BT 454.71 706.10 Td (The purchase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (consideration of the equity interests is determined based on the fair value of the distributor's assets. Outside of North ) Tj ET Q q 0 0 0 rg BT 518.36 694.10 Td (America, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (repurchase obligations and practices vary by region. ) Tj ET Q q 0 0 0 rg BT 260.48 682.10 Td (All distributors that are partially-owned are considered to be related parties ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (in our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 76.11 670.10 Td (Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.65 670.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 650.10 Td (Manufacturing Entities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 630.10 Td (Our manufacturing joint ventures have generally been formed with customers and generally are intended to allow us to increase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 618.10 Td (our market penetration in geographic regions, reduce capital spending, streamline our supply chain management and develop ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 606.10 Td (technologies. Our lar) Tj ET Q q 0 0 0 rg BT 133.96 606.10 Td (gest manufacturing joint ventures are based in China and are included in the list below) Tj ET Q q 0 0 0 rg BT 479.32 606.10 Td (. Our engine ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 594.10 Td (manufacturing joint ventures are supplied by our Components segment in the same manner as it supplies our wholly-owned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 582.10 Td (Engine segment and Power Generation segment manufacturing facilities. Our Components segment joint ventures and wholly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 570.10 Td (owned entities provide fuel systems, filtration, aftertreatment systems and turbochar) Tj ET Q q 0 0 0 rg BT 386.11 570.10 Td (ger products that are used in our engines as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 558.10 Td (well as some competitors' products. ) Tj ET Q q 0 0 0 rg BT 194.93 558.10 Td (The results and investments in our joint ventures in which we have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.87 558.10 Td (50 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.79 558.10 Td ( or less ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 546.10 Td (ownership interest are included in Equity) Tj ET Q q 0 0 0 rg BT 218.47 546.10 Td (, royalty and interest income from investees and Investments and advances related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 534.10 Td (to equity method investees in our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 189.97 534.10 Td (Consolidated Statements of Income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.34 534.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.84 534.10 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.28 534.10 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 350.78 534.10 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.42 534.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 520.08 534.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.58 534.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 513.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 86.00 513.10 Td (Dongfeng Cummins Engine Company) Tj ET Q q 0 0 0 rg BT 243.72 513.10 Td (, Ltd. - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.44 513.10 Td (Dongfeng Cummins Engine Company) Tj ET Q q 0 0 0 rg BT 426.39 513.10 Td (, Ltd. \(DCEC\) is a joint venture ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 501.10 Td (in China with Dongfeng ) Tj ET Q q 0 0 0 rg BT 184.88 501.10 Td (Automotive Co. Ltd., a subsidiary of Dongfeng Motor Corporation \(Dongfeng\), one of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 489.10 Td (lar) Tj ET Q q 0 0 0 rg BT 96.37 489.10 Td (gest medium-duty and heavy-duty truck manufacturers in China. DCEC produces Cummins ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.85 489.10 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.85 489.10 Td (- to) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.46 489.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.96 489.10 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.96 489.10 Td (-liter ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 477.10 Td (mechanical engines, full-electric diesel engines, with a power range from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.43 477.10 Td (125) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.43 477.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.93 477.10 Td (to) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.71 477.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.21 477.10 Td (545) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.21 477.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.71 477.10 Td (horsepower) Tj ET Q q 0 0 0 rg BT 472.96 477.10 Td (, and natural gas ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 465.10 Td (engines.) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 68.00 444.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 86.00 444.10 Td (Chongqing Cummins Engine Company) Tj ET Q q 0 0 0 rg BT 248.74 444.10 Td (, Ltd. - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.46 444.10 Td (Chongqing Cummins Engine Company) Tj ET Q q 0 0 0 rg BT 435.86 444.10 Td (, Ltd. \(CCEC\) is a joint venture ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 432.10 Td (in China with Chongqing Machinery and Electric Co. Ltd. ) Tj ET Q q 0 0 0 rg BT 321.61 432.10 Td (This joint venture manufactures several models of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 420.10 Td (heavy-duty and high-horsepower diesel engines, primarily serving the industrial and stationary power markets in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 408.10 Td (China.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 387.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 86.00 387.10 Td (Beijing Foton Cummins Engine Co., Ltd. - ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.93 387.10 Td (Beijing Foton Cummins Engine Co., Ltd. is a joint venture in China with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 375.10 Td (Beiqi Foton Motor Co., Ltd., a commercial vehicle manufacturer) Tj ET Q q 0 0 0 rg BT 344.97 375.10 Td (, which consists of two distinct lines of business, a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 363.10 Td (light-duty business and a heavy-duty business. ) Tj ET Q q 0 0 0 rg BT 274.41 363.10 Td (The light-duty business produces ISF) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.84 363.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.34 363.10 Td (2.8 liter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.45 363.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.95 363.10 Td (and ISF) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.34 363.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.84 363.10 Td (3.8 liter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.94 363.10 Td ( families ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 351.10 Td (of our high performance light-duty diesel engines in Beijing. ) Tj ET Q q 0 0 0 rg BT 331.32 351.10 Td (These engines are used in light-duty commercial trucks, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 339.10 Td (pickup trucks, buses, multipurpose and sport utility vehicles with main markets in China, Brazil and Russia. Certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 327.10 Td (types of marine, small construction equipment and industrial applications are also served by these engine families. ) Tj ET Q q 0 0 0 rg BT 545.69 327.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 315.10 Td (heavy-duty business has been in the development stage for the past several years but started production of ISG ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.88 315.10 Td (10.5 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 303.10 Td (liter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.10 303.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.60 303.10 Td (and ISG) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.66 303.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.16 303.10 Td (1) Tj ET Q q 0 0 0 rg BT 144.78 303.10 Td (1.8 liter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.89 303.10 Td ( families of our high performance heavy-duty diesel engines in the second quarter of 2014 in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 291.10 Td (Beijing. ) Tj ET Q q 0 0 0 rg BT 120.26 291.10 Td (These engines are used in heavy-duty commercial trucks in China and will be used in world wide markets. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 279.10 Td (Certain types of construction equipment and industrial applications will also be served by these engine families in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 267.10 Td (future.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 161 0 obj <>] /Rotate 0 /Contents 162 0 R>> endobj 162 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (80) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Equity Investee Financial Summary) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 722.25 Td (e have approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.21 722.25 Td ($489 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.60 722.25 Td ( in our investment account at December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.49 722.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.49 722.25 Td (, that represents cumulative undistributed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (income in our equity investees. Dividends received from our unconsolidated equity investees were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.55 710.25 Td ($227 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.94 710.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.94 710.25 Td ($271 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.34 710.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.94 698.25 Td ($329 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.33 698.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.11 698.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.11 698.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.11 698.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.11 698.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.55 698.25 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.55 698.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 268.21 698.25 Td (. Summary financial information for our equity investees was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 73.00 663.75 298.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 663.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 663.75 53.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 663.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 663.75 53.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.00 663.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.00 663.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 73.00 635.75 298.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 635.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 635.75 53.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 635.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 635.75 53.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.00 635.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.00 635.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 73.00 607.75 298.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 607.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 607.75 53.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 607.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 607.75 53.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.00 607.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.00 607.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 73.00 579.75 298.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 579.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 579.75 53.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 579.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 579.75 53.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.00 579.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.00 579.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 73.00 555.75 298.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 555.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 555.75 53.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 555.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 555.75 53.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.00 555.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.00 555.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 73.00 527.75 298.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 527.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 527.75 53.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 527.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 527.75 53.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.00 527.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.00 527.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 73.00 499.75 298.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 499.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 499.75 53.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 499.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 499.75 53.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.00 499.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.00 499.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 73.00 471.75 298.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 471.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 375.00 471.75 53.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 471.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 471.75 53.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.00 471.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.00 471.75 49.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 675.75 m 428 675.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 675.75 m 432 675.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 675.75 m 485 675.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485 675.75 m 489 675.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 675.75 m 538 675.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 663.75 m 428 663.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 663.75 m 485 663.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 663.75 m 538 663.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 663.75 m 428 663.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 663.75 m 485 663.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 579.75 m 428 579.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 579.75 m 485 579.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 579.75 m 428 579.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 566.75 m 428 566.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 564.75 m 428 564.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 579.75 m 485 579.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 566.75 m 485 566.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 564.75 m 485 564.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 579.75 m 538 579.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 564.75 m 428 564.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 566.75 m 428 566.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 564.75 m 485 564.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 566.75 m 485 566.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 564.75 m 538 564.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 566.75 m 538 566.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 499.75 m 428 499.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 499.75 m 485 499.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 484.75 m 428 484.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 486.75 m 428 486.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 484.75 m 485 484.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 486.75 m 485 486.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 458.75 m 428 458.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 375 456.75 m 428 456.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 458.75 m 485 458.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 456.75 m 485 456.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 81.50 678.48 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 381.80 679.83 Td (As of and for the years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 75.50 667.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.00 667.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 450.00 667.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 505.00 667.83 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.50 654.32 Td (Net sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.50 654.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.65 654.43 Td (7,426) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.50 654.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 654.32 Td (7,799) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.50 654.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.65 654.32 Td (8,296) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.50 640.32 Td (Gross margin) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.65 640.43 Td (1,539) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 640.32 Td (1,719) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.65 640.32 Td (1,870) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.50 626.32 Td (Net income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.15 626.43 Td (630) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 626.32 Td (690) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.15 626.32 Td (747) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.50 598.32 Td (Cummins share of net income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.50 598.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.15 598.43 Td (330) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.50 598.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 598.32 Td (325) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.50 598.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.15 598.32 Td (347) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.50 584.32 Td (Royalty and interest income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 414.15 584.43 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 584.32 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.15 584.32 Td (37) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 570.32 Td (Total equity, royalty and interest from investees) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.50 570.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.15 570.43 Td (370) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.50 570.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 570.32 Td (361) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.50 570.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.15 570.32 Td (384) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.50 546.32 Td (Current assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.50 546.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.65 546.43 Td (2,476) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.50 546.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 546.32 Td (2,742) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.50 546.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.50 532.32 Td (Non-current assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.65 532.43 Td (1,667) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 532.32 Td (1,794) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.50 532.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.50 518.32 Td (Current liabilities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 398.30 518.48 Td (\(1,875) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 424.15 518.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.30 518.37 Td (\(2,090) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.15 518.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.50 518.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.50 504.32 Td (Non-current liabilities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 405.80 504.48 Td (\(420) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 424.15 504.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.80 504.37 Td (\(541) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.15 504.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.50 504.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.50 490.32 Td (Net assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.50 490.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.65 490.43 Td (1,848) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.50 490.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 490.32 Td (1,905) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.50 490.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.50 462.32 Td (Cummins share of net assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.50 462.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.15 462.43 Td (956) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.50 462.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 462.32 Td (967) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.50 462.32 Td () Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 438.25 Td (NOTE 4. INCOME ) Tj ET Q q 0 0 0 rg BT 137.88 438.25 Td (T) Tj ET Q q 0 0 0 rg BT 143.81 438.25 Td (AXES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 170.48 438.25 Td ( ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 151.00 401.75 150.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.00 401.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.00 401.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.00 401.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 401.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.00 401.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.00 401.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 151.00 373.75 150.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.00 373.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.00 373.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.00 373.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 373.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.00 373.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.00 373.75 49.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305 414.75 m 354 414.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354 414.75 m 358 414.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 414.75 m 407 414.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 414.75 m 411 414.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 414.75 m 460 414.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305 401.75 m 354 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 401.75 m 407 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 401.75 m 460 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305 359.75 m 354 359.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305 346.75 m 354 346.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 305 344.75 m 354 344.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 359.75 m 407 359.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 346.75 m 407 346.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 344.75 m 407 344.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 359.75 m 460 359.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 346.75 m 460 346.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 344.75 m 460 344.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 153.50 418.48 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 336.95 418.98 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 153.50 405.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 321.00 405.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 374.00 405.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.00 405.98 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.50 392.32 Td (Income before income taxes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.50 392.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.50 392.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.50 392.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.50 378.32 Td (U.S. income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 307.50 378.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.65 378.43 Td (1,407) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.50 378.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 378.32 Td (1,058) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.50 378.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.15 378.32 Td (998) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.50 364.32 Td (Foreign income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.65 364.43 Td (1,027) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 364.32 Td (1,061) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 364.32 Td (1,273) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.50 350.32 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 307.50 350.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 327.65 350.43 Td (2,434) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.50 350.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 350.32 Td (2,119) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.50 350.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 350.32 Td (2,271) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 326.25 Td (Income tax expense consists of the following:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 161.50 289.75 156.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 289.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 289.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 289.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.50 289.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 289.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 289.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 161.50 261.75 156.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 261.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 261.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 261.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.50 261.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 261.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 261.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 161.50 233.75 156.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 233.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 233.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 233.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.50 233.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 233.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 233.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 161.50 205.75 156.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 205.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 205.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 205.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.50 205.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 205.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 205.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 161.50 177.75 156.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 177.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 177.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 177.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.50 177.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 177.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 177.75 40.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 302.75 m 361.5 302.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 302.75 m 365.5 302.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 302.75 m 405.5 302.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 302.75 m 409.5 302.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 302.75 m 449.5 302.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 289.75 m 361.5 289.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 289.75 m 405.5 289.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 289.75 m 449.5 289.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 247.75 m 361.5 247.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 247.75 m 405.5 247.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 247.75 m 449.5 247.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 191.75 m 361.5 191.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 191.75 m 405.5 191.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 191.75 m 449.5 191.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 177.75 m 361.5 177.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 164.75 m 361.5 164.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 162.75 m 361.5 162.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 177.75 m 405.5 177.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 164.75 m 405.5 164.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 162.75 m 405.5 162.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 177.75 m 449.5 177.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 164.75 m 449.5 164.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 162.75 m 449.5 162.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 164.00 306.48 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.95 306.98 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 164.00 293.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 333.00 293.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 377.00 293.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.00 293.98 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.00 280.32 Td (Current) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.00 280.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.00 280.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.00 280.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.00 266.32 Td (U.S. federal and state) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 324.00 266.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.65 266.43 Td (470) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.00 266.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 266.32 Td (239) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.00 266.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 266.32 Td (118) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.00 252.32 Td (Foreign) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.65 252.43 Td (197) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 252.32 Td (192) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 252.32 Td (299) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.00 238.32 Td (Total current) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.65 238.43 Td (667) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 238.32 Td (431) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 238.32 Td (417) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.00 224.32 Td (Deferred) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.00 224.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.00 224.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.00 224.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.00 210.32 Td (U.S. federal and state) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 347.65 210.43 Td (39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 210.32 Td (67) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 210.32 Td (108) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.00 196.32 Td (Foreign) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 349.30 196.43 Td (\(8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 357.65 196.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 196.32 Td (33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 196.32 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.00 182.32 Td (Total deferred) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 347.65 182.43 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 182.32 Td (100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 182.32 Td (116) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.00 168.32 Td (Income tax expense) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 324.00 168.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.65 168.43 Td (698) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.00 168.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 168.32 Td (531) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.00 168.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 168.32 Td (533) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 163 0 obj <>] /Rotate 0 /Contents 164 0 R>> endobj 164 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (81) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 742.10 Td ( reconciliation of the statutory U.S. federal income tax rate to the ef) Tj ET Q q 0 0 0 rg BT 326.94 742.10 Td (fective tax rate was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 703.60 330.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 703.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 703.60 46.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 703.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 703.60 46.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 703.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 703.60 46.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 675.60 330.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 675.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 675.60 46.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 675.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 675.60 46.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 675.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 675.60 46.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 647.60 330.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 647.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 647.60 46.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 647.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 647.60 46.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 647.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 647.60 46.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 717.6 m 430.5 717.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 717.6 m 434.5 717.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 717.6 m 480.5 717.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 717.6 m 484.5 717.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 717.6 m 530.5 717.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 703.6 m 430.5 703.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 703.6 m 480.5 703.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 703.6 m 530.5 703.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 633.6 m 430.5 633.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 620.6 m 430.5 620.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 618.6 m 430.5 618.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 633.6 m 480.5 633.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 620.6 m 480.5 620.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 618.6 m 480.5 618.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 633.6 m 530.5 633.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 620.6 m 530.5 620.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 618.6 m 530.5 618.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 722.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.95 721.83 Td (Years ended December31,) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 708.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 399.00 707.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 449.00 707.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 499.00 707.83 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 694.17 Td (Statutory U.S. federal income tax rate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 402.50 694.28 Td (35.0) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.00 694.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 694.17 Td (35.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 694.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.15 694.17 Td (35.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.65 694.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 680.17 Td (State income tax, net of federal effect) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.50 680.28 Td (1.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.15 680.17 Td (0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.15 680.17 Td (1.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 666.17 Td (Differences in rates and taxability of foreign subsidiaries and joint ventures) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 404.15 666.28 Td (\(5.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.00 666.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.80 666.22 Td (\(6.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 666.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.80 666.22 Td (\(12.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.65 666.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 652.17 Td (Research tax credits) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 404.15 652.28 Td (\(1.5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.00 652.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.80 652.22 Td (\(3.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 652.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.80 652.22 Td (\(0.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.65 652.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 638.17 Td (Other, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 404.15 638.28 Td (\(0.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.00 638.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.80 638.22 Td (\(0.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 638.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.65 638.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 624.17 Td (Effective tax rate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 402.50 624.28 Td (28.7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.00 624.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 624.17 Td (25.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 624.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.15 624.17 Td (23.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.65 624.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 596.10 Td (Our income tax rates are generally less than the 35percent U.S. statutory income tax rate primarily because of lower taxes on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 584.10 Td (foreign earnings and research tax credits. Our ef) Tj ET Q q 0 0 0 rg BT 242.51 584.10 Td (fective tax rate for 2014 was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.13 584.10 Td (28.7 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.55 584.10 Td ( compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.25 584.10 Td (25.1 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.68 584.10 Td ( for 2013. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 572.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.05 572.10 Td (3.6 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.47 572.10 Td ( increase in the ef) Tj ET Q q 0 0 0 rg BT 182.81 572.10 Td (fective tax rate from 2013 to 2014 is partially due to a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.07 572.10 Td (1.2 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.50 572.10 Td ( net tax benefit for one-time ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 560.10 Td (items in 2013 that did not repeat in 2014. ) Tj ET Q q 0 0 0 rg BT 217.02 560.10 Td (These 2013 one-time items consisted primarily of the 2012 federal research tax credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 548.10 Td (that was reinstated during 2013. ) Tj ET Q q 0 0 0 rg BT 180.35 548.10 Td (The additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.88 548.10 Td (2.4 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.31 548.10 Td ( increase in tax rate from 2013 to 2014 is attributable primarily to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 536.10 Td (the following unfavorable items that occurred in 2014: a tax law change in the United Kingdom \(U.K.\) resulting in a higher ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 524.10 Td (limitation on the deductibility of interest; unfavorable changes in the jurisdictional mix of pretax income; and increases in state ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 512.10 Td (valuation allowances. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 492.10 Td (Retained earnings of our U.K. domiciled subsidiaries and certain Singapore, German, Indian and Mexican subsidiaries are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 480.10 Td (considered to be permanently reinvested. During 2013, we released ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.85 480.10 Td ($12 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.24 480.10 Td ( of U.S. deferred tax liabilities related to prior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 468.10 Td (years unremitted income of certain Indian and Mexican subsidiaries considered to be permanently reinvested starting in 2013. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 456.10 Td (In addition, earnings of our China operations generated after December31, 201) Tj ET Q q 0 0 0 rg BT 367.57 456.10 Td (1, are considered to be permanently reinvested. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 444.10 Td (U.S. deferred tax is not provided on these permanently reinvested earnings. Our permanently reinvested foreign earnings are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 432.10 Td (expected to be used for items such as capital expenditures and to fund joint ventures outside of the U.S. ) Tj ET Q q 0 0 0 rg BT 466.10 432.10 Td (The total permanently ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 420.10 Td (reinvested retained earnings and related cumulative translation adjustment balances for these entities were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.78 420.10 Td ($3.8 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.89 420.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.89 420.10 Td ($3.1 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 408.10 Td (billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.11 408.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.55 408.10 Td ($2.3 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.67 408.10 Td ( for the years ended December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.60 408.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.60 408.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.60 408.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.60 408.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.54 408.10 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.54 408.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 421.20 408.10 Td (. ) Tj ET Q q 0 0 0 rg BT 426.02 408.10 Td (These amounts were determined ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 396.10 Td (primarily based on book retained earnings balances for these subsidiaries translated at historical rates. ) Tj ET Q q 0 0 0 rg BT 459.40 396.10 Td (The determination of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 384.10 Td (deferred tax liability related to these retained earnings and cumulative translation adjustment balances which are considered to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 372.10 Td (be permanently reinvested outside the U.S. is not practicable.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 352.10 Td (For our remaining subsidiary companies and joint ventures outside the U.S., we provide for the additional taxes that would be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 340.10 Td (due upon the dividend distribution of the income of those foreign subsidiaries and joint ventures assuming the full utilization of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 328.10 Td (foreign tax credits. Deferred tax liabilities on unremitted earnings of foreign subsidiaries and joint ventures, including those in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 316.10 Td (China generated in years prior to 2012, were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.77 316.10 Td ($204 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.16 316.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.60 316.10 Td ($201 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.99 316.10 Td ( at December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.79 316.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.79 316.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.23 316.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.23 316.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 535.89 316.10 Td (. ) Tj ET Q q 0 0 0 rg BT 540.71 316.10 Td (W) Tj ET Q q 0 0 0 rg BT 549.35 316.10 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 304.10 Td (have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.38 304.10 Td ($661 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.77 304.10 Td ( of retained earnings and related cumulative translation adjustments in our China operations generated prior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 292.10 Td (to December31, 201) Tj ET Q q 0 0 0 rg BT 133.49 292.10 Td (1, for which we have provided a U.S. deferred tax liability of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.36 292.10 Td ($155 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.75 292.10 Td (. ) Tj ET Q q 0 0 0 rg BT 436.57 292.10 Td (W) Tj ET Q q 0 0 0 rg BT 445.21 292.10 Td (e anticipate that these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 280.10 Td (earnings will be distributed to the U.S. within the next ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.41 280.10 Td (five) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.96 280.10 Td ( years.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 260.10 Td (Income before income taxes included equity income of foreign joint ventures of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.11 260.10 Td ($212 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.51 260.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.51 260.10 Td ($203 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.90 260.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.34 260.10 Td ($192 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.73 260.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 248.10 Td (for the years ended December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.44 248.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.44 248.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.44 248.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.44 248.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.88 248.10 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.88 248.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 324.54 248.10 Td (. ) Tj ET Q q 0 0 0 rg BT 329.36 248.10 Td (This equity income is recorded net of foreign taxes. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 236.10 Td (Additional U.S. income taxes of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.37 236.10 Td ($14 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.76 236.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.76 236.10 Td ($13 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.15 236.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.59 236.10 Td ($9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.98 236.10 Td ( for the years ended December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.92 236.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.92 236.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.92 236.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.92 236.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 224.10 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 224.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 122.66 224.10 Td (, were provided for the additional U.S. taxes that will ultimately be due upon the distribution of the foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 212.10 Td (joint venture equity income.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 165 0 obj <>] /Rotate 0 /Contents 166 0 R>> endobj 166 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (82) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Carryforward tax benefits and the tax ef) Tj ET Q q 0 0 0 rg BT 209.75 742.10 Td (fect of temporary dif) Tj ET Q q 0 0 0 rg BT 292.59 742.10 Td (ferences between financial and tax reporting that give rise to net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (deferred tax assets were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 109.50 692.60 288.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 692.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 692.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 692.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 692.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 109.50 662.60 288.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 662.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 662.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 662.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 662.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 109.50 632.60 288.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 632.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 632.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 632.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 632.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 109.50 602.60 288.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 602.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 602.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 602.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 602.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 109.50 572.60 288.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 572.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 572.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 572.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 572.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 109.50 542.60 288.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 542.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 542.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 542.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 542.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 109.50 512.60 288.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 512.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 512.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 512.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 512.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 109.50 482.60 288.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 482.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 482.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 482.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 482.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 109.50 452.60 288.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 452.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 452.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 452.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 452.60 48.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 705.6 m 449.5 705.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 705.6 m 453.5 705.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 705.6 m 501.5 705.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 692.6 m 449.5 692.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 692.6 m 501.5 692.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 587.6 m 449.5 587.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 587.6 m 501.5 587.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 557.6 m 449.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 557.6 m 501.5 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 542.6 m 449.5 542.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 542.6 m 501.5 542.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 467.6 m 449.5 467.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 467.6 m 501.5 467.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 452.6 m 449.5 452.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 438.6 m 449.5 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 436.6 m 449.5 436.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 452.6 m 501.5 452.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 438.6 m 501.5 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 436.6 m 501.5 436.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 112.00 710.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.75 709.83 Td (December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 112.00 696.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.00 696.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.00 696.83 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 682.27 Td (Deferred tax assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.00 682.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.00 682.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.00 667.27 Td (U.S. state carryforward benefits) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 404.00 667.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.65 667.28 Td (124) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.00 667.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 667.27 Td (124) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.00 652.27 Td (Foreign carryforward benefits) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.65 652.28 Td (66) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 652.27 Td (63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.00 637.27 Td (Employee benefit plans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.65 637.28 Td (367) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 637.27 Td (328) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.00 622.27 Td (Warranty expenses) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.65 622.28 Td (354) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 622.27 Td (332) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.00 607.27 Td (Accrued expenses) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.65 607.28 Td (89) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 607.27 Td (70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.00 592.27 Td (Other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.65 592.28 Td (45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 592.27 Td (51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 577.27 Td (Gross deferred tax assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 423.15 577.28 Td (1,045) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 577.27 Td (968) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 562.27 Td (Valuation allowance) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.30 562.33 Td (\(144) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.65 562.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 562.32 Td (\(101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 562.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 547.27 Td (Total deferred tax assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.65 547.28 Td (901) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 547.27 Td (867) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 532.27 Td (Deferred tax liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.00 532.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.00 532.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.00 517.27 Td (Property, plant and equipment) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.30 517.33 Td (\(329) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.65 517.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 517.32 Td (\(304) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 517.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.00 502.27 Td (Unremitted income of foreign subsidiaries and joint ventures) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.30 502.33 Td (\(204) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.65 502.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 502.32 Td (\(201) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 502.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.00 487.27 Td (Employee benefit plans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.30 487.33 Td (\(161) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.65 487.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 487.32 Td (\(158) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 487.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.00 472.27 Td (Other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 432.30 472.33 Td (\(23) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.65 472.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 472.32 Td (\(27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 472.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.00 457.27 Td (Total deferred tax liabilities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.30 457.33 Td (\(717) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.65 457.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 457.32 Td (\(690) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 457.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.00 442.27 Td (Net deferred tax assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 404.00 442.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.65 442.28 Td (184) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.00 442.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 442.27 Td (177) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.05 418.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.05 418.10 Td ( U.S. carryforward benefits include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.61 418.10 Td ($124 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.00 418.10 Td ( of state credit and net operating loss carryforward benefits that begin ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (to expire in 2015. Our foreign carryforward benefits include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.25 406.10 Td ($66 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.64 406.10 Td ( of net operating loss carryforwards that begin to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (expire in 2015. ) Tj ET Q q 0 0 0 rg BT 112.21 394.10 Td (A) Tj ET Q q 0 0 0 rg BT 118.88 394.10 Td ( valuation allowance is recorded to reduce the gross deferred tax assets to an amount we believe is more likely ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (than not to be realized. ) Tj ET Q q 0 0 0 rg BT 143.67 382.10 Td (The valuation allowance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.46 382.10 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.22 382.10 Td (d in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.00 382.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.00 382.10 Td ( by a net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.65 382.10 Td ($43 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.04 382.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.48 382.10 Td (increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.23 382.10 Td (d in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.01 382.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.01 382.10 Td ( by a net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.67 382.10 Td ($6 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 370.10 Td (. ) Tj ET Q q 0 0 0 rg BT 83.71 370.10 Td (The valuation allowance is primarily attributable to the uncertainty regarding the realization of a portion of the U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (state and foreign net operating loss and tax credit carryforward benefits. Prepaid and other current assets include deferred tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (assets of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.66 346.10 Td ($274 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.05 346.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.49 346.10 Td ($232 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.88 346.10 Td ( for the years ended December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.82 346.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.82 346.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.26 346.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.26 346.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 460.92 346.10 Td (. In addition, prepaid and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (other current assets include refundable income taxes of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.69 334.10 Td ($170 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.08 334.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.52 334.10 Td ($152 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.91 334.10 Td ( for the years ended December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.85 334.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.85 334.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.94 322.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.94 322.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 139.60 322.10 Td (. Other assets include deferred tax assets of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.81 322.10 Td ($40 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.21 322.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.64 322.10 Td ($61 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.04 322.10 Td ( for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.58 310.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 310.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.02 310.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.02 310.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 220.68 310.10 Td (. In addition, other assets include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.10 310.10 Td ($24 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.49 310.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.93 310.10 Td ($59 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.32 310.10 Td ( of long-term ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (refundable income taxes for the years ended December 31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.67 298.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.67 298.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.11 298.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.11 298.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 399.77 298.10 Td (. Other liabilities and deferred revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (included deferred tax liabilities of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.00 286.10 Td ($130 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.39 286.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.83 286.10 Td ($1) Tj ET Q q 0 0 0 rg BT 268.46 286.10 Td (16 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.85 286.10 Td ( for the years ended December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.79 286.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.79 286.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.23 286.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.23 286.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.66 274.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 167 0 obj <>] /Rotate 0 /Contents 168 0 R>> endobj 168 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (83) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 742.10 Td ( reconciliation of unrecognized tax benefits for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.56 742.10 Td (December 31, 2014,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.65 742.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.15 742.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.15 742.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.58 742.10 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.58 742.10 Td ( was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 111.00 718.60 336.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.00 718.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.00 718.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 111.00 688.60 336.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.00 688.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.00 688.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 111.00 658.60 336.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.00 658.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.00 658.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 111.00 628.60 336.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.00 628.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.00 628.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 111.00 598.60 336.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.00 598.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.00 598.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 111.00 568.60 336.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.00 568.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.00 568.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 111.00 538.60 336.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.00 538.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.00 538.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 111.00 508.60 336.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.00 508.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 451.00 508.60 49.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451 658.6 m 500 658.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451 583.6 m 500 583.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451 583.6 m 500 583.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451 493.6 m 500 493.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451 479.6 m 500 479.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 451 477.6 m 500 477.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 113.50 722.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.50 722.83 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.50 708.27 Td (Balance at December 31, 2011) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.50 708.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.15 708.27 Td (86) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 693.27 Td (Additions based on tax positions related to the current year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 693.27 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 678.27 Td (Additions based on tax positions related to the prior years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.15 678.27 Td (57) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 663.27 Td (Reductions for tax positions related to prior years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.80 663.32 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 663.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.50 648.27 Td (Balance at December 31, 2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.15 648.27 Td (145) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 633.27 Td (Additions based on tax positions related to the current year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.15 633.27 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 618.27 Td (Additions based on tax positions related to the prior years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.15 618.27 Td (21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 603.27 Td (Reductions for tax positions related to prior years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.80 603.32 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 603.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 588.27 Td (Reductions for tax positions relating to lapse of statute of limitations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.80 588.32 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.15 588.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.50 573.27 Td (Balance at December 31, 2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.15 573.27 Td (169) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 558.27 Td (Additions based on tax positions related to the current year) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.15 558.28 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 543.27 Td (Additions based on tax positions related to the prior years) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.15 543.28 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 528.27 Td (Reductions for tax positions related to prior years) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 487.80 528.33 Td (\(2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 496.15 528.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 513.27 Td (Reductions for tax positions relating to settlements with taxing authorities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 487.80 513.33 Td (\(5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 496.15 513.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.50 498.27 Td (Reductions for tax positions relating to lapse of statute of limitations) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 487.80 498.33 Td (\(1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 496.15 498.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.50 483.27 Td (Balance at December 31, 2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.50 483.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 481.15 483.28 Td (174) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 459.10 Td (Included in the December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.06 459.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.06 459.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.50 459.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.50 459.10 Td (, balances are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.13 459.10 Td ($1) Tj ET Q q 0 0 0 rg BT 296.76 459.10 Td (14 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.15 459.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.59 459.10 Td ($107 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.98 459.10 Td ( related to tax positions that, if ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 447.10 Td (recognized, would favorably impact the ef) Tj ET Q q 0 0 0 rg BT 219.19 447.10 Td (fective tax rate in future periods. ) Tj ET Q q 0 0 0 rg BT 351.64 447.10 Td (Also, we had accrued interest expense related to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 435.10 Td (unrecognized tax benefits of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.06 435.10 Td ($7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.46 435.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.46 435.10 Td ($3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.85 435.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.29 435.10 Td ($2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.68 435.10 Td ( as of December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.42 435.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.42 435.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.42 435.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.42 435.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.86 435.10 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.86 435.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 534.52 435.10 Td (. ) Tj ET Q q 0 0 0 rg BT 539.34 435.10 Td (W) Tj ET Q q 0 0 0 rg BT 547.98 435.10 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 423.10 Td (recognize potential accrued interest and penalties related to unrecognized tax benefits in income tax expense. For the years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 411.10 Td (ended December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.96 411.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.96 411.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.96 411.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.96 411.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.40 411.10 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.40 411.10 Td (, we recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.92 411.10 Td ($4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.31 411.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.31 411.10 Td ($1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.71 411.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.14 411.10 Td ($\(3\) million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.20 411.10 Td ( in net interest expense, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 399.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.66 399.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 379.10 Td (Audit outcomes and the timing of audit settlements are subject to significant uncertainty) Tj ET Q q 0 0 0 rg BT 402.04 379.10 Td (. ) Tj ET Q q 0 0 0 rg BT 406.49 379.10 Td (Although we believe that adequate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 367.10 Td (provision has been made for such issues, there is the possibility that the ultimate resolution of such issues could have an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 355.10 Td (adverse ef) Tj ET Q q 0 0 0 rg BT 90.63 355.10 Td (fect on our earnings. Conversely) Tj ET Q q 0 0 0 rg BT 220.21 355.10 Td (, if these issues are resolved favorably in the future, the related provision would be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 343.10 Td (reduced, thus having a positive impact on earnings.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 323.10 Td (In January ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.43 323.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.43 323.10 Td (, we resolved tax matters related primarily to certain tax credits that were under examination. ) Tj ET Q q 0 0 0 rg BT 488.82 323.10 Td (W) Tj ET Q q 0 0 0 rg BT 497.46 323.10 Td (e estimate that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 311.10 Td (unrecognized tax benefits will decrease in an amount ranging from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.90 311.10 Td ($60 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.29 311.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.07 311.10 Td ($70 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.46 311.10 Td ( in the first quarter of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.21 311.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.21 311.10 Td ( due to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 299.10 Td (the resolution of these issues. ) Tj ET Q q 0 0 0 rg BT 169.80 299.10 Td (W) Tj ET Q q 0 0 0 rg BT 178.44 299.10 Td (e expect this resolution to result in a tax benefit ranging from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.59 299.10 Td ($10 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.98 299.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.76 299.10 Td ($20 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 299.10 Td ( in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 287.10 Td (first quarter of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.25 287.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.25 287.10 Td (. ) Tj ET Q q 0 0 0 rg BT 135.07 287.10 Td (W) Tj ET Q q 0 0 0 rg BT 143.71 287.10 Td (e do not expect any other significant changes in our unrecognized tax benefits in the next 12 months.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 267.10 Td (As a result of our global operations, we file income tax returns in various jurisdictions including U.S. federal, state and foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 255.10 Td (jurisdictions. ) Tj ET Q q 0 0 0 rg BT 104.26 255.10 Td (W) Tj ET Q q 0 0 0 rg BT 112.90 255.10 Td (e are routinely subject to examination by taxing authorities throughout the world, including ) Tj ET Q q 0 0 0 rg BT 480.04 255.10 Td (Australia, Belgium, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 243.10 Td (Brazil, Canada, China, France, India, Mexico, the U.K. and the U.S. ) Tj ET Q q 0 0 0 rg BT 325.02 243.10 Td (W) Tj ET Q q 0 0 0 rg BT 334.06 243.10 Td (ith few exceptions, our U.S. federal, major state and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 231.10 Td (foreign jurisdictions are no longer subject to income tax assessments for years before ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.95 231.10 Td (201) Tj ET Q q 0 0 0 rg BT 407.58 231.10 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.58 231.10 Td (. ) Tj ET Q q 0 0 0 rg BT 417.40 231.10 Td (The U.S. examinations related to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 219.10 Td (tax years 201) Tj ET Q q 0 0 0 rg BT 102.94 219.10 Td (1-2012 commenced during 2014.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 169 0 obj <>] /Rotate 0 /Contents 170 0 R>> endobj 170 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (84) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (NOTE 5. MARKET) Tj ET Q q 0 0 0 rg BT 137.60 742.25 Td (ABLE SECURITIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 227.91 742.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 722.25 Td ( summary of marketable securities, all of which are classified as current, was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 669.75 180.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 230.00 669.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.00 669.75 38.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 272.00 669.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.00 669.75 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 669.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 669.75 45.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.00 669.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.00 669.75 43.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.00 669.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 669.75 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.00 669.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.00 669.75 45.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 641.75 180.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 230.00 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.00 641.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 272.00 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.00 641.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 641.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.00 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.00 641.75 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.00 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 641.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.00 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.00 641.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 612.75 180.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 230.00 612.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.00 612.75 38.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 272.00 612.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.00 612.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 612.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 612.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.00 612.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.00 612.75 43.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.00 612.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 612.75 68.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.00 612.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.00 612.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 583.75 180.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 230.00 583.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.00 583.75 38.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 272.00 583.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.00 583.75 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 583.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 583.75 45.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.00 583.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.00 583.75 43.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.00 583.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 583.75 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.00 583.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.00 583.75 45.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 555.75 180.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 230.00 555.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.00 555.75 38.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 272.00 555.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.00 555.75 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 555.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 555.75 45.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.00 555.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.00 555.75 43.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.00 555.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 555.75 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.00 555.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.00 555.75 45.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 527.75 180.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 230.00 527.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.00 527.75 38.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 272.00 527.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 276.00 527.75 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 527.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 527.75 45.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.00 527.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.00 527.75 43.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.00 527.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 527.75 68.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.00 527.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.00 527.75 45.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 234 700.75 m 272 700.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 700.75 m 276 700.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276 700.75 m 344 700.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 700.75 m 348 700.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 700.75 m 393 700.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393 700.75 m 397 700.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 700.75 m 440 700.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440 700.75 m 444 700.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 700.75 m 512 700.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 700.75 m 516 700.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516 700.75 m 561 700.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 234 689.75 m 272 689.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 689.75 m 276 689.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276 689.75 m 344 689.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 689.75 m 348 689.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 689.75 m 393 689.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 689.75 m 440 689.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440 689.75 m 444 689.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 689.75 m 512 689.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 689.75 m 516 689.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516 689.75 m 561 689.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 669.75 m 230 669.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 234 689.75 m 272 689.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 234 669.75 m 272 669.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 689.75 m 276 689.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276 689.75 m 344 689.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276 669.75 m 344 669.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 689.75 m 348 689.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 689.75 m 393 689.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 669.75 m 393 669.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 689.75 m 440 689.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 669.75 m 440 669.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 440 689.75 m 444 689.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 689.75 m 512 689.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 669.75 m 512 669.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512 689.75 m 516 689.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516 689.75 m 561 689.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516 669.75 m 561 669.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 234 626.75 m 272 626.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276 626.75 m 344 626.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 626.75 m 393 626.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 626.75 m 440 626.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 626.75 m 512 626.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516 626.75 m 561 626.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 234 626.75 m 272 626.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276 626.75 m 344 626.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 626.75 m 393 626.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 626.75 m 440 626.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 626.75 m 512 626.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516 626.75 m 561 626.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 234 527.75 m 272 527.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 234 513.75 m 272 513.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276 527.75 m 344 527.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276 513.75 m 344 513.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 527.75 m 393 527.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 513.75 m 393 513.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 527.75 m 440 527.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 513.75 m 440 513.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 527.75 m 512 527.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 513.75 m 512 513.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516 527.75 m 561 527.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516 513.75 m 561 513.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 234 500.75 m 272 500.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 234 498.75 m 272 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276 513.75 m 344 513.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276 500.75 m 344 500.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 276 498.75 m 344 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 500.75 m 393 500.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 498.75 m 393 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 500.75 m 440 500.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397 498.75 m 440 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 500.75 m 512 500.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 498.75 m 512 498.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516 500.75 m 561 500.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516 498.75 m 561 498.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.75 703.83 Td (December 31,) Tj ET Q BT /F2 1.00 Tf ET q 0 0 0 rg BT 52.50 692.47 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 305.00 692.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.50 692.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 673.98 Td (Inmillions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 244.70 673.98 Td (Cost) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 280.60 681.83 Td (Grossunrealized) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 287.25 673.83 Td (gains/\(losses\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.65 681.83 Td (Estimated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 353.70 673.83 Td (fairvalue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 410.20 673.98 Td (Cost) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 448.60 681.83 Td (Grossunrealized) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 455.25 673.83 Td (gains/\(losses\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.65 681.83 Td (Estimated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 521.70 673.83 Td (fairvalue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 660.32 Td (Available-for-sale) Tj ET Q BT /F2 1.00 Tf ET q 0 0 0 rg BT 268.50 658.47 Td () Tj ET Q BT /F2 1.00 Tf ET q 0 0 0 rg BT 340.50 658.47 Td () Tj ET Q BT /F2 1.00 Tf ET q 0 0 0 rg BT 389.50 658.47 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 436.50 658.51 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 508.50 658.51 Td () Tj ET Q BT /F1 1.00 Tf ET q 0 0 0 rg BT 557.50 658.51 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.50 646.32 Td (Level 1) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 94.76 650.85 Td (\(1\) \(2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 631.42 Td (Equity securities) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 143.43 635.95 Td (\(3\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 236.50 631.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 258.15 631.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 278.50 631.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 330.15 631.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.50 631.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.15 631.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.50 631.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 631.42 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.50 631.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 631.42 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.50 631.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.15 631.42 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 617.32 Td (Total Level 1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 258.15 617.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 330.15 617.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.15 617.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 617.32 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 617.32 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.15 617.32 Td (23) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 64.50 609.35 30.26 -9.09 re f /GS0 gs q 0 0 0 rg BT 64.50 602.42 Td (Level 2) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 94.76 613.88 16.78 -9.09 re f /GS0 gs BT /F1 6.50 Tf ET q 0 0 0 rg BT 94.76 606.95 Td (\(2\) \(4\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 588.32 Td (Debt mutual funds) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 258.15 588.43 Td (75) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 335.15 588.43 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.15 588.43 Td (76) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 588.32 Td (99) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.15 588.32 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.15 588.32 Td (101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 574.32 Td (Equity mutual funds) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 263.15 574.43 Td (9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 330.15 574.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 384.15 574.43 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 574.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 574.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.15 574.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 560.32 Td (Bank debentures) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 263.15 560.43 Td (6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 330.15 560.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 384.15 560.43 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.15 560.32 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 560.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.15 560.32 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 546.32 Td (Certificates of deposit) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 258.15 546.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 330.15 546.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.15 546.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 546.32 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 546.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.15 546.32 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.50 532.32 Td (Government debt securities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 263.15 532.43 Td (2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 330.15 532.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 384.15 532.43 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.15 532.32 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.80 532.37 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.15 532.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.15 532.32 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.50 518.32 Td (Total Level 2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 258.15 518.43 Td (92) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 335.15 518.43 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.15 518.43 Td (93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 518.32 Td (126) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.15 518.32 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.15 518.32 Td (127) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.50 504.32 Td (Total marketable securities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 236.50 504.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 258.15 504.43 Td (92) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 278.50 504.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 335.15 504.43 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.50 504.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.15 504.43 Td (93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.50 504.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.15 504.32 Td (136) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.50 504.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 504.32 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.50 504.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.15 504.32 Td (150) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 50.00 493.05 Td (______________________________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 50.00 487.07 Td (\(1\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.06 483.45 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 57.92 483.45 Td (The fair value of Level 1 securities is estimated primarily by referencing quoted prices in active markets for identical assets.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 455.10 487.07 Td ( ) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 50.00 477.48 Td (\(2\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 57.36 473.85 Td (W) Tj ET Q q 0 0 0 rg BT 64.27 473.85 Td (e revised 2013 balances to classify ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 177.12 473.85 Td ($72 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 214.24 473.85 Td ( as Level 2 assets instead of Level 1.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 50.00 467.88 Td (\(3\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 58.66 464.25 Td (In the first quarter of 2013, we realized a $9 million gain on the sale of equity securities.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 50.00 458.27 Td (\(4\)) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 56.06 458.27 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 57.36 454.65 Td (The fair value of Level 2 securities is) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 176.65 454.65 Td ( estimated primarily using actively quoted prices for similar instruments from brokers and observable inputs, including ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 445.05 Td (market transactions and third-party pricing services.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 225.61 445.05 Td ( ) Tj ET Q q 0 0 0 rg BT 227.46 445.05 Td (W) Tj ET Q q 0 0 0 rg BT 234.38 445.05 Td (e do not currently have any Level 3 securities, and there were no transfers between Level 2 or 3 ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 435.45 Td (during 2014 and 2013.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 131.44 439.07 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 415.45 Td (Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 403.45 Td (market participants at the measurement date \(exit price\). ) Tj ET Q q 0 0 0 rg BT 277.77 403.45 Td (W) Tj ET Q q 0 0 0 rg BT 286.41 403.45 Td (e utilize market data or assumptions that market participants would ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 391.45 Td (use in pricing the asset or liability) Tj ET Q q 0 0 0 rg BT 184.88 391.45 Td (, including assumptions about risk and the risks inherent in the inputs to the valuation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 379.45 Td (technique. ) Tj ET Q q 0 0 0 rg BT 93.69 379.45 Td (These inputs can be readily observable, market corroborated, or generally unobservable. ) Tj ET Q q 0 0 0 rg BT 448.93 379.45 Td (W) Tj ET Q q 0 0 0 rg BT 457.56 379.45 Td (e primarily apply the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 367.45 Td (market approach for recurring fair value measurements and utilize the best available information. ) Tj ET Q q 0 0 0 rg BT 440.95 367.45 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 490.29 367.45 Td (, we utilize ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 355.45 Td (valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs. ) Tj ET Q q 0 0 0 rg BT 492.21 355.45 Td (W) Tj ET Q q 0 0 0 rg BT 500.84 355.45 Td (e are able to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 343.45 Td (classify fair value balances based on the observability of those inputs. ) Tj ET Q q 0 0 0 rg BT 331.41 343.45 Td (The fair value hierarchy prioritizes the inputs used to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 331.45 Td (measure fair value giving the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 319.45 Td (\(Level1 measurement\) and the lowest priority to unobservable inputs \(Level3 measurement\). ) Tj ET Q q 0 0 0 rg BT 428.22 319.45 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.72 319.45 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.30 319.45 Td (, we did ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 307.45 Td (not have any Level 1 or Level3 financial assets or liabilities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 287.45 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 287.45 Td ( description of the valuation techniques and inputs used for our Level 2 fair value measures was as follows:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.00 287.45 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 68.00 267.45 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 86.00 267.45 Td (Debt mutual funds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.89 267.45 Td ( ) Tj ET Q q 0 0 0 rg BT 171.83 267.45 Td (Assets in Level 2 consist of exchange traded mutual funds that lack suf) Tj ET Q q 0 0 0 rg BT 456.02 267.45 Td (ficient trading volume to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 255.45 Td (be classified at Level 1.) Tj ET Q q 0 0 0 rg BT 183.00 255.45 Td (The fair value measure for these investments is the daily net asset value published on a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 243.45 Td (regulated governmental website.Daily quoted prices are available from the issuing brokerage and are used on a test ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 231.45 Td (basis to corroborate this Level 2 input.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.13 231.45 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 68.00 211.45 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 86.00 211.45 Td (Bank debentur) Tj ET Q q 0 0 0 rg BT 144.22 211.45 Td (es and Certificates of deposit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.88 211.45 Td ( ) Tj ET Q q 0 0 0 rg BT 273.20 211.45 Td (These investments provide us with a fixed rate of return and generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 199.45 Td (range in maturity from) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.81 199.45 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.31 199.45 Td (six months) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.92 199.45 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.70 199.45 Td (five years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.85 199.45 Td (.) Tj ET Q q 0 0 0 rg BT 279.67 199.45 Td (The counter) Tj ET Q q 0 0 0 rg BT 327.50 199.45 Td (-parties to these investments are reputable financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 187.45 Td (institutions with investment grade credit ratings.Since these instruments are not tradable and must be settled directly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 175.45 Td (by us with the respective financial institution, our fair value measure is the financial institutions) Tj ET Q q 0 0 0 rg BT 471.55 175.45 Td ( month-end statement.) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 68.00 155.45 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 86.00 155.45 Td (Government debt securities-non-U.S. and Corporate debt securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.06 155.45 Td ( ) Tj ET Q q 0 0 0 rg BT 369.38 155.45 Td (The fair value measure for these securities are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 143.45 Td (broker quotes received from reputable firms.) Tj ET Q q 0 0 0 rg BT 267.14 143.45 Td (These securities are infrequently traded on a national stock exchange and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 131.45 Td (these values are used on a test basis to corroborate our Level 2 input measure.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.28 131.45 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 171 0 obj <>] /Rotate 0 /Contents 172 0 R>> endobj 172 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (85) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (The proceeds from sales and maturities of marketable securities and gross realized gains from the sale of ) Tj ET Q q 0 0 0 rg BT 470.68 742.10 Td (AFS securities were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 67.00 677.60 285.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.00 677.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 677.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.00 677.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.00 677.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.00 677.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.00 677.60 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356 705.6 m 416 705.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416 705.6 m 420 705.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420 705.6 m 480 705.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480 705.6 m 484 705.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484 705.6 m 544 705.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356 691.6 m 416 691.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420 691.6 m 480 691.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484 691.6 m 544 691.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.45 709.83 Td (Years ended December 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 69.50 695.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 377.50 695.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 441.50 695.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 505.50 695.83 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 682.17 Td (Proceeds from sales and maturities of marketable securities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 358.50 682.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.15 682.28 Td (336) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.50 682.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 682.17 Td (525) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.50 682.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 682.17 Td (585) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 667.27 Td (Gross realized gains from the sale of available-for) Tj ET Q q 0 0 0 rg BT 269.50 667.27 Td (-sale securities) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 328.64 671.80 Td (\(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 402.15 667.28 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 667.27 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 667.27 Td (3) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 50.00 655.90 Td ( ____________________________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 68.00 649.92 Td (\(1\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 74.06 646.30 Td ( Gross realized losses from the sale of available-for) Tj ET Q q 0 0 0 rg BT 238.29 646.30 Td (-sale securities were immaterial.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.30 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.50 626.30 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.08 626.30 Td (, the fair value of available-for) Tj ET Q q 0 0 0 rg BT 263.04 626.30 Td (-sale investments in debt securities that utilize a Level 2 fair value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 614.30 Td (measure is shown by contractual maturity below:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 202.00 589.80 148.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.00 589.80 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 202.00 561.80 148.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.00 561.80 59.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 202 589.8 m 350 589.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 589.8 m 409 589.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 547.8 m 409 547.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 534.8 m 409 534.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 350 532.8 m 409 532.8 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 204.50 594.03 Td (Maturity date) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 358.40 594.03 Td (\(in millions\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.50 580.37 Td (1 year or less) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.50 580.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.15 580.37 Td (77) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.50 566.37 Td (1 - 5 years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 566.37 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.50 552.37 Td (5 - 10 years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 552.37 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.50 538.37 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.50 538.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.15 538.37 Td (84) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 506.30 Td (NOTE 6. INVENT) Tj ET Q q 0 0 0 rg BT 132.06 506.30 Td (ORIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 163.18 506.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 486.30 Td (Inventories are stated at the lower of cost or market. Inventories included the following:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 137.50 448.80 234.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.50 448.80 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 448.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 448.80 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 137.50 418.80 234.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.50 418.80 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 418.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 418.80 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 137.50 388.80 234.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.50 388.80 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 388.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 388.80 49.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 461.8 m 420.5 461.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 461.8 m 424.5 461.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 461.8 m 473.5 461.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 461.8 m 420.5 461.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 448.8 m 420.5 448.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 461.8 m 473.5 461.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 448.8 m 473.5 448.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 448.8 m 420.5 448.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 448.8 m 473.5 448.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 418.8 m 420.5 418.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 418.8 m 473.5 418.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 418.8 m 420.5 418.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 418.8 m 473.5 418.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 388.8 m 420.5 388.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 374.8 m 420.5 374.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371.5 372.8 m 420.5 372.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 388.8 m 473.5 388.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 374.8 m 473.5 374.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 372.8 m 473.5 372.8 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 140.00 466.48 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.75 466.03 Td (December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 140.00 453.03 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.50 453.03 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 440.50 453.03 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.00 438.47 Td (Finished products) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.00 438.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.15 438.48 Td (1,859) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 438.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 438.47 Td (1,487) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.00 423.47 Td (Work-in-process and raw materials) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.15 423.48 Td (1,129) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 423.47 Td (1,005) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.00 408.47 Td (Inventories at FIFO cost) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.15 408.48 Td (2,988) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 408.47 Td (2,492) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.00 393.47 Td (Excess of FIFO over LIFO) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 398.30 393.53 Td (\(122) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 416.65 393.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.30 393.52 Td (\(111) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 393.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.00 378.47 Td (Total inventories) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 374.00 378.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.15 378.48 Td (2,866) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 378.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 378.47 Td (2,381) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 354.30 Td (NOTE 7. PROPER) Tj ET Q q 0 0 0 rg BT 134.10 354.30 Td (TY) Tj ET Q q 0 0 0 rg BT 147.07 354.30 Td (, PLANT) Tj ET Q q 0 0 0 rg BT 185.78 354.30 Td ( ) Tj ET Q q 0 0 0 rg BT 187.73 354.30 Td (AND EQUIPMENT) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 273.38 354.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.30 Td (Details of our property) Tj ET Q q 0 0 0 rg BT 140.71 334.30 Td (, plant and equipment balance were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 131.50 289.80 236.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.50 289.80 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 289.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 289.80 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 131.50 259.80 236.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.50 259.80 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 259.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 259.80 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 131.50 229.80 236.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.50 229.80 54.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 229.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 229.80 54.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 302.79999999999995 m 421.5 302.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 302.79999999999995 m 425.5 302.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 302.79999999999995 m 479.5 302.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 289.79999999999995 m 421.5 289.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 289.79999999999995 m 479.5 289.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 244.79999999999995 m 421.5 244.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 244.79999999999995 m 479.5 244.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 215.79999999999995 m 421.5 215.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 201.79999999999995 m 421.5 201.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 199.79999999999995 m 421.5 199.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 215.79999999999995 m 479.5 215.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 201.79999999999995 m 479.5 201.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 199.79999999999995 m 479.5 199.79999999999995 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 134.00 306.53 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 399.75 307.03 Td (December 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 134.00 294.03 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.00 294.03 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.00 294.03 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.00 279.47 Td (Land and buildings) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 370.00 279.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.15 279.48 Td (1,822) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.00 279.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 279.47 Td (1,427) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.00 264.47 Td (Machinery, equipment and fixtures) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.15 264.48 Td (4,722) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 264.47 Td (4,174) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.00 249.47 Td (Construction in process ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 230.93 254.00 Td (\(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 402.65 249.48 Td (579) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.65 249.47 Td (809) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.00 234.47 Td (Property, plant and equipment, gross) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.15 234.48 Td (7,123) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 234.47 Td (6,410) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.00 220.37 Td (Less: Accumulated depreciation) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 391.80 220.53 Td (\(3,437) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.65 220.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.80 220.42 Td (\(3,254) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.65 220.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.00 205.47 Td (Property, plant and equipment, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 370.00 205.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.15 205.48 Td (3,686) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.00 205.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 205.47 Td (3,156) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 131.00 194.10 Td (_______________________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 131.00 188.13 Td (\(1\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 140.00 184.50 Td (Construction in process included) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 245.09 184.50 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 247.09 184.50 Td ($14 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 284.21 184.50 Td ( in ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 294.43 184.50 Td (2014) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 310.43 184.50 Td ( and ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 325.98 184.50 Td ($188 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 367.09 184.50 Td ( in ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 377.32 184.50 Td (2013) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 393.32 184.50 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 395.32 184.50 Td (related to our light-duty diesel ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 140.00 174.90 Td (engine platform.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 192.87 174.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 173 0 obj <>] /Rotate 0 /Contents 174 0 R>> endobj 174 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (86) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (NOTE 8. GOODWILL) Tj ET Q q 0 0 0 rg BT 150.58 742.25 Td ( ) Tj ET Q q 0 0 0 rg BT 152.52 742.25 Td (AND OTHER INT) Tj ET Q q 0 0 0 rg BT 232.35 742.25 Td (ANGIBLE ) Tj ET Q q 0 0 0 rg BT 280.42 742.25 Td (ASSETS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 317.67 742.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (The following table summarizes the changes in the carrying amount of goodwill for the years ended December 31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.68 722.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.68 722.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 710.25 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 77.50 679.75 169.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 679.75 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.50 679.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 679.75 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.50 679.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 679.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 679.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 679.75 45.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 679.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 679.75 45.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 77.50 651.75 169.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 651.75 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.50 651.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 651.75 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.50 651.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 651.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 651.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 651.75 45.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 651.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 651.75 45.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 77.50 623.75 169.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 623.75 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.50 623.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 623.75 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.50 623.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 623.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 623.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 623.75 45.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 623.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 623.75 45.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 77.50 595.75 169.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 595.75 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.50 595.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 313.50 595.75 63.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.50 595.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 595.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.50 595.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 439.50 595.75 45.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 595.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 595.75 45.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 679.75 m 309.5 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313.5 679.75 m 376.5 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 679.75 m 435.5 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 679.75 m 484.5 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 679.75 m 533.5 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 679.75 m 309.5 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313.5 679.75 m 376.5 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 679.75 m 435.5 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 679.75 m 484.5 679.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 637.75 m 533.5 637.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 637.75 m 309.5 637.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313.5 637.75 m 376.5 637.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 637.75 m 435.5 637.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 637.75 m 484.5 637.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 637.75 m 533.5 637.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 595.75 m 533.5 595.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 595.75 m 309.5 595.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 582.75 m 309.5 582.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 580.75 m 309.5 580.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313.5 595.75 m 376.5 595.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313.5 582.75 m 376.5 582.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 313.5 580.75 m 376.5 580.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 595.75 m 435.5 595.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 582.75 m 435.5 582.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 580.75 m 435.5 580.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 595.75 m 484.5 595.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 582.75 m 484.5 582.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 439.5 580.75 m 484.5 580.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 595.75 m 533.5 595.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 582.75 m 533.5 582.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 580.75 m 533.5 580.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 80.00 683.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 255.90 683.98 Td (Components) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 323.60 683.98 Td (Distribution) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 396.65 691.83 Td (Power) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 388.15 683.83 Td (Generation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 449.45 683.98 Td (Engine) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 501.75 683.98 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.00 670.32 Td (Balance at December 31, 2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.00 670.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.65 670.32 Td (408) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.00 670.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.65 670.32 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.00 670.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.65 670.32 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.00 670.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.65 670.32 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.00 670.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.65 670.32 Td (445) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.00 656.32 Td (Acquisitions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.65 656.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.65 656.32 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.65 656.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.65 656.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.65 656.32 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.00 642.32 Td (Translation and other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.65 642.32 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.30 642.37 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.65 642.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.65 642.32 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.65 642.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.65 642.32 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.00 628.32 Td (Balance at December 31, 2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.65 628.32 Td (411) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.65 628.32 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.65 628.32 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.65 628.32 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.65 628.32 Td (461) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.00 614.32 Td (Acquisitions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 295.65 614.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.65 614.43 Td (31) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.65 614.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 470.65 614.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.65 614.43 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.00 600.32 Td (Translation and other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 292.30 600.43 Td (\(11) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 305.65 600.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.65 600.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 423.30 600.48 Td (\(2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 431.65 600.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 470.65 600.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 516.30 600.48 Td (\(13) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.65 600.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.00 586.32 Td (Balance at December 31, 2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 249.00 586.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 290.65 586.43 Td (400) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 316.00 586.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.65 586.43 Td (62) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 383.00 586.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.65 586.43 Td (11) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.00 586.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.65 586.43 Td (6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.00 586.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 514.65 586.43 Td (479) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (Intangible assets that have finite useful lives are amortized over their estimated useful lives. ) Tj ET Q q 0 0 0 rg BT 419.42 562.25 Td (The following table summarizes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (our other intangible assets with finite useful lives that are subject to amortization:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 161.50 505.75 196.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.50 505.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 505.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 505.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 161.50 477.75 196.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.50 477.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 477.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 477.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 161.50 449.75 196.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.50 449.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 449.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 449.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 161.50 420.75 196.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.50 420.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 420.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 420.75 44.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 518.75 m 401.5 518.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 518.75 m 405.5 518.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 518.75 m 449.5 518.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 505.75 m 401.5 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 505.75 m 449.5 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 505.75 m 401.5 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 505.75 m 449.5 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 477.75 m 401.5 477.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 477.75 m 449.5 477.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 477.75 m 401.5 477.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 477.75 m 449.5 477.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 435.75 m 401.5 435.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 435.75 m 449.5 435.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 435.75 m 401.5 435.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 435.75 m 449.5 435.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 420.75 m 401.5 420.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 407.75 m 401.5 407.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 405.75 m 401.5 405.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 420.75 m 449.5 420.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 407.75 m 449.5 407.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 405.75 m 449.5 405.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 164.00 522.48 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 379.75 522.98 Td (December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 164.00 509.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.00 509.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 419.00 509.98 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.00 496.32 Td (Software) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 360.00 496.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.65 496.43 Td (472) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.00 496.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 496.32 Td (494) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.00 482.32 Td (Less: Accumulated amortization) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.30 482.43 Td (\(218) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.65 482.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.30 482.37 Td (\(218) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.65 482.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.00 468.32 Td (Net software) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.65 468.43 Td (254) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 468.32 Td (276) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.00 454.32 Td (Trademarks, patents and other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.65 454.43 Td (164) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 454.32 Td (135) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.00 440.32 Td (Less: Accumulated amortization) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 384.30 440.43 Td (\(75) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.65 440.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.30 440.37 Td (\(54) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.65 440.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.00 425.42 Td (Net trademarks, patents and other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 387.65 425.43 Td (89) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.65 425.42 Td (81) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.00 411.32 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 360.00 411.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.65 411.43 Td (343) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.00 411.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 411.32 Td (357) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 387.25 Td (Amortization expense for software and other intangibles totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.70 387.25 Td ($99 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.09 387.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.09 387.25 Td ($86 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.48 387.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.92 387.25 Td ($64 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.31 387.25 Td ( for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 375.25 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.58 375.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 375.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.58 375.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.58 375.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.02 375.25 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.02 375.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 245.68 375.25 Td (. Internal and external software costs \(excluding those related to research, re-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 363.25 Td (engineering and training\), trademarks and patents are amortized generally over a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.86 363.25 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.86 363.25 Td ( to) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.64 363.25 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.64 363.25 Td ( year period. ) Tj ET Q q 0 0 0 rg BT 455.21 363.25 Td (The projected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 351.25 Td (amortization expense of our intangible assets, assuming no further acquisitions or dispositions, is as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 117.50 327.75 185.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.50 327.75 35.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 327.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 327.75 35.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.50 327.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 327.75 35.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.50 327.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 327.75 35.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 327.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 327.75 35.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302.5 327.75 m 337.5 327.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 341.5 327.75 m 376.5 327.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380.5 327.75 m 415.5 327.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 327.75 m 454.5 327.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 327.75 m 493.5 327.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 120.00 331.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.50 331.98 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 350.50 331.98 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.50 331.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 428.50 331.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.50 331.98 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.00 318.32 Td (Projected amortization expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.00 318.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.65 318.32 Td (86) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.00 318.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.65 318.32 Td (75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.00 318.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.65 318.32 Td (56) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.00 318.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 318.32 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.00 318.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 318.32 Td (25) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 294.25 Td (NOTE 9. DEBT) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 120.39 294.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 274.25 Td (Loans Payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 254.25 Td (Loans payable at December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.83 254.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.83 254.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.27 254.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.27 254.25 Td ( were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.70 254.25 Td ($86 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.09 254.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.53 254.25 Td ($17 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.92 254.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 427.58 254.25 Td (, and consisted primarily of notes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 242.25 Td (payable to financial institutions. ) Tj ET Q q 0 0 0 rg BT 180.63 242.25 Td (The weighted-average interest rate for notes payable, bank overdrafts and current maturities of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 230.25 Td (long-term debt at December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.95 230.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.95 230.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.95 230.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.95 230.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.39 230.25 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.39 230.25 Td (, was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 145.50 206.75 204.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 206.75 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 206.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 206.75 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 206.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 429.50 206.75 36.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349.5 206.75 m 385.5 206.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 206.75 m 425.5 206.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 429.5 206.75 m 465.5 206.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 148.00 210.98 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.00 210.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 399.00 210.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 439.00 210.98 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.00 197.32 Td (Weighted average interest rate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 357.50 197.43 Td (3.70) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 375.00 197.43 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.10 197.32 Td (2.59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.65 197.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.10 197.32 Td (3.21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.65 197.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 178.25 Td (Inter) Tj ET Q q 0 0 0 rg BT 71.48 178.25 Td (est) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 158.25 Td (For the years ended December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.67 158.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.67 158.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.67 158.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.67 158.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.11 158.25 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.11 158.25 Td (, total interest incurred was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.18 158.25 Td ($71 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.57 158.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.57 158.25 Td ($48 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.96 158.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.40 158.25 Td ($39 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.79 158.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 146.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.66 146.25 Td (, and interest capitalized was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.39 146.25 Td ($7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.78 146.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.78 146.25 Td ($7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.17 146.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.61 146.25 Td ($7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.00 146.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 416.67 146.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 126.25 Td (Revolving Cr) Tj ET Q q 0 0 0 rg BT 106.76 126.25 Td (edit Facility) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.25 Td (On November9, 2012, we entered into a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.51 106.25 Td (five) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.05 106.25 Td (-year revolving credit agreement with a syndicate of lenders. ) Tj ET Q q 0 0 0 rg BT 476.33 106.25 Td (The credit agreement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.25 Td (provides us with a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.55 94.25 Td ($1.75 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.66 94.25 Td ( senior unsecured revolving credit facility) Tj ET Q q 0 0 0 rg BT 342.90 94.25 Td (, the proceeds of which are to be used for working ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.25 Td (capital or other general corporate purposes. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.76 82.25 Td (In the fourth quarter of 2014, we exercised our option to extend the maturity date of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.25 Td (our revolving credit agreement by one year from November 9, 2017, to November 9, 2018.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.34 70.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 175 0 obj <>] /Rotate 0 /Contents 176 0 R>> endobj 176 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (87) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Amounts payable under our revolving credit facility will rank pro rata with all of our unsecured, unsubordinated indebtedness. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (Up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.00 730.10 Td ($200 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.39 730.10 Td ( under our credit facility is available for swingline loans denominated in U.S. dollars. ) Tj ET Q q 0 0 0 rg BT 469.37 730.10 Td (Advances under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (facility bear interest at \(i\)a base rate or \(ii\)a rate equal to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.93 718.10 Td (LIBOR) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.93 718.10 Td ( rate plus an applicable mar) Tj ET Q q 0 0 0 rg BT 437.98 718.10 Td (gin based on the credit ratings ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (of our outstanding senior unsecured long-term debt. Based on our current long-term debt ratings, the applicable mar) Tj ET Q q 0 0 0 rg BT 513.57 706.10 Td (gin on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (LIBOR) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.00 694.10 Td ( rate loans was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.65 694.10 Td (0.875 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.07 694.10 Td ( per annum as of December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.80 694.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.80 694.10 Td (. ) Tj ET Q q 0 0 0 rg BT 348.25 694.10 Td (Advances under the facility may be prepaid without ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (premium or penalty) Tj ET Q q 0 0 0 rg BT 128.22 682.10 Td (, subject to customary breakage costs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 662.10 Td (The credit agreement includes various covenants, including, among others, maintaining a leverage ratio of no more than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.62 662.10 Td (3.25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.12 662.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 650.10 Td (1.0. ) Tj ET Q q 0 0 0 rg BT 66.95 650.10 Td (As of December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.98 650.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.98 650.10 Td (, we were in compliance with the covenants.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 630.10 Td (There were no outstanding borrowings under this facility at December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.80 630.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.80 630.10 Td (. ) Tj ET Q q 0 0 0 rg BT 373.25 630.10 Td (A) Tj ET Q q 0 0 0 rg BT 379.92 630.10 Td ( reconciliation of the maximum capacity of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 618.10 Td (our revolver to the amount available under the facility was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 100.50 594.60 322.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 594.60 88.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 100.50 564.60 322.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 564.60 88.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 594.6 m 510.5 594.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 564.6 m 510.5 564.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 550.6 m 510.5 550.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 548.6 m 510.5 548.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 103.00 598.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.75 598.83 Td (December 31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.00 584.27 Td (Maximum credit capacity of the revolving credit facility) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.00 584.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 584.27 Td (1,750) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.00 569.27 Td (Less: Letters of credit against revolving credit facility) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.65 569.27 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.00 554.27 Td (Amount available for borrowing under the revolving credit facility) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.00 554.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 554.27 Td (1,726) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 530.10 Td (As of December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.03 530.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.03 530.10 Td (, we also had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.73 530.10 Td ($261 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.13 530.10 Td ( available for borrowings under our international and other domestic credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 518.10 Td (facilities. Borrowings against the other domestic and international short-term facilities were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.33 518.10 Td ($86 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.72 518.10 Td ( as of December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 506.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 506.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.44 506.10 Td ($17 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.83 506.10 Td ( at the end of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.53 506.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.53 506.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 486.10 Td (Long-term Debt) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 97.50 448.60 310.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 448.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 448.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 448.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 97.50 418.60 310.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 418.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 418.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 418.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 97.50 388.60 310.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 388.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 388.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 388.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 97.50 358.60 310.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 358.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 358.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 358.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 97.50 328.60 310.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 328.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 328.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 328.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 97.50 298.60 310.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 298.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 298.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 298.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 97.50 268.60 310.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 268.60 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 268.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 268.60 51.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 461.6 m 458.5 461.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 458.5 461.6 m 462.5 461.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 461.6 m 513.5 461.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 448.6 m 458.5 448.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 448.6 m 513.5 448.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 283.6 m 458.5 283.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 283.6 m 513.5 283.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 253.60000000000002 m 458.5 253.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 239.60000000000002 m 458.5 239.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 237.60000000000002 m 458.5 237.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 253.60000000000002 m 513.5 253.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 239.60000000000002 m 513.5 239.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 237.60000000000002 m 513.5 237.60000000000002 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 100.00 466.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 436.75 465.83 Td (December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 100.00 452.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 424.50 452.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 479.50 452.83 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.00 438.27 Td (Long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.00 438.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.00 438.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 423.27 Td (Senior notes, 3.65%, due 2023) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 410.00 423.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.65 423.28 Td (500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.00 423.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 423.27 Td (500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 408.27 Td (Debentures, 6.75%, due 2027) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.65 408.28 Td (58) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 408.27 Td (58) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 393.27 Td (Debentures, 7.125%, due 2028) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.65 393.28 Td (250) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 393.27 Td (250) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 378.27 Td (Senior notes, 4.875%, due 2043) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.65 378.28 Td (500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 378.27 Td (500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 363.27 Td (Debentures, 5.65%, due 2098 \(effective interest rate 7.48%\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.65 363.28 Td (165) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 363.27 Td (165) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 348.27 Td (Credit facilities related to consolidated joint ventures) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 449.65 348.28 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 348.27 Td (92) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 333.27 Td (Other debt) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.65 333.28 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 333.27 Td (65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 318.27 Td (Unamortized discount) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.30 318.33 Td (\(47) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.65 318.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.30 318.32 Td (\(48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.65 318.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 303.27 Td (Fair value adjustments due to hedge on indebtedness) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.65 303.28 Td (65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 303.27 Td (49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 288.27 Td (Capital leases) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.65 288.28 Td (87) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 288.27 Td (92) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.00 273.27 Td (Total long-term debt) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 432.15 273.28 Td (1,612) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.15 273.27 Td (1,723) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.00 258.27 Td (Less: Current maturities of long-term debt) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 441.30 258.33 Td (\(23) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 454.65 258.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.30 258.32 Td (\(51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.65 258.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.00 243.27 Td (Long-term debt) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 410.00 243.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 432.15 243.28 Td (1,589) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.00 243.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.15 243.27 Td (1,672) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 208.30 Td (Principal payments required on long-term debt during the next five years are as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 155.00 184.80 110.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 265.00 184.80 35.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 300.00 184.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.00 184.80 35.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.00 184.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.00 184.80 35.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 378.00 184.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.00 184.80 35.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.00 184.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 184.80 35.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 265 184.79999999999995 m 300 184.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304 184.79999999999995 m 339 184.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343 184.79999999999995 m 378 184.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 184.79999999999995 m 417 184.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 184.79999999999995 m 456 184.79999999999995 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 157.50 189.03 Td (Inmillions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.00 189.03 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.00 189.03 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.00 189.03 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.00 189.03 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.00 189.03 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.50 174.47 Td (Principal payments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.50 174.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.15 174.47 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.50 174.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.15 174.47 Td (28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.50 174.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 174.47 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.50 174.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.15 174.47 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.50 174.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.15 174.47 Td (11) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 150.30 Td (As a well-known seasoned issuer) Tj ET Q q 0 0 0 rg BT 182.35 150.30 Td (, we filed an automatic shelf registration for an undetermined amount of debt and equity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 138.30 Td (securities with the Securities and Exchange Commission on September 16, 2013. Under this shelf registration we may of) Tj ET Q q 0 0 0 rg BT 533.33 138.30 Td (fer) Tj ET Q q 0 0 0 rg BT 544.03 138.30 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 126.30 Td (from time to time, debt securities, common stock, preferred and preference stock, depositary shares, warrants, stock purchase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 114.30 Td (contracts and stock purchase units. ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 177 0 obj <>] /Rotate 0 /Contents 178 0 R>> endobj 178 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (88) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (In September 2013, we issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.75 742.10 Td ($1 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.37 742.10 Td ( aggregate principal amount of senior notes consisting of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.03 742.10 Td ($500 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.42 742.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.92 742.10 Td (aggregate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (principal amount) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.04 730.10 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.37 730.10 Td (3.65%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.20 730.10 Td ( senior unsecured notes due in 2023 and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.94 730.10 Td ($500 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.33 730.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.83 730.10 Td (aggregate principal amount) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.23 730.10 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.56 730.10 Td (4.875%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.39 730.10 Td ( senior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (unsecured notes due in 2043.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.36 718.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.68 718.10 Td (W) Tj ET Q q 0 0 0 rg BT 177.32 718.10 Td (e received net proceeds of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.20 718.10 Td ($979 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.60 718.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.42 718.10 Td (The senior notes pay interest semi-annually on ) Tj ET Q q 0 0 0 rg BT 528.98 718.10 Td (April 1 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (and October 1, commencing on ) Tj ET Q q 0 0 0 rg BT 177.74 706.10 Td (April 1, 2014. ) Tj ET Q q 0 0 0 rg BT 236.17 706.10 Td (The indenture governing the senior notes contains covenants that, among other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (matters, limit \(i\) our ability to consolidate or mer) Tj ET Q q 0 0 0 rg BT 246.16 694.10 Td (ge into, or sell, assign, convey) Tj ET Q q 0 0 0 rg BT 366.60 694.10 Td (, lease, transfer or otherwise dispose of all or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (substantially all of our and our subsidiaries' assets to another person, \(ii\) our and certain of our subsidiaries' ability to create or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (assume liens and \(iii\) our and certain of our subsidiaries' ability to engage in sale and leaseback transactions.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 650.10 Td (Interest on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.70 650.10 Td (6.75%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.53 650.10 Td ( debentures is payable on February15 and ) Tj ET Q q 0 0 0 rg BT 306.60 650.10 Td (August15 each year) Tj ET Q q 0 0 0 rg BT 387.96 650.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 630.10 Td (Interest on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.70 630.10 Td ($250 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.09 630.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.59 630.10 Td (7.125%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.42 630.10 Td ( debentures and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.68 630.10 Td ($165 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.07 630.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.57 630.10 Td (5.65%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.40 630.10 Td ( debentures is payable on March1 and September1 of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 618.10 Td (each year) Tj ET Q q 0 0 0 rg BT 87.47 618.10 Td (. ) Tj ET Q q 0 0 0 rg BT 92.29 618.10 Td (The debentures are unsecured and are not subject to any sinking fund requirements. ) Tj ET Q q 0 0 0 rg BT 428.66 618.10 Td (W) Tj ET Q q 0 0 0 rg BT 437.30 618.10 Td (e can redeem the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.26 618.10 Td (7.125%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.09 618.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 606.10 Td (debentures and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.47 606.10 Td (5.65%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.30 606.10 Td ( debentures at any time prior to maturity at the greater of par plus accrued interest or an amount ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 594.10 Td (designed to ensure that the debenture holders are not penalized by the early redemption.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (Our debt agreements contain several restrictive covenants. ) Tj ET Q q 0 0 0 rg BT 285.83 574.10 Td (The most restrictive of these covenants applies to our revolving ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (credit facility which will upon default, among other things, limit our ability to incur additional debt or issue preferred stock, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (enter into sale-leaseback transactions, sell or create liens on our assets, make investments and mer) Tj ET Q q 0 0 0 rg BT 441.90 550.10 Td (ge or consolidate with any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (other person. In addition, we are subject to a maximum debt-to-EBITDA) Tj ET Q q 0 0 0 rg BT 341.04 538.10 Td ( ratio financial covenant. ) Tj ET Q q 0 0 0 rg BT 442.38 538.10 Td (As of December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.41 538.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.41 538.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (we were in compliance with all of the covenants under our borrowing agreements.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 506.10 Td (Inter) Tj ET Q q 0 0 0 rg BT 71.48 506.10 Td (est Rate Risk) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 127.58 506.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 486.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 486.10 Td (e are exposed to market risk from fluctuations in interest rates.) Tj ET Q q 0 0 0 rg BT 311.15 486.10 Td (W) Tj ET Q q 0 0 0 rg BT 319.79 486.10 Td (e manage our exposure to interest rate fluctuations through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 474.10 Td (the use of interest rate swaps.) Tj ET Q q 0 0 0 rg BT 170.06 474.10 Td (The objective of the swaps is to more ef) Tj ET Q q 0 0 0 rg BT 329.83 474.10 Td (fectively balance our borrowing costs and interest rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 462.10 Td (risk.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 462.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (In February 2014, we settled our November 2005 interest rate swap which previously converted our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.11 442.10 Td ($250 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.50 442.10 Td ( debt issue, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (due in 2028, from a fixed rate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.13 430.10 Td ( to a floating rate based on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.70 430.10 Td (LIBOR) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.70 430.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.20 430.10 Td (spread. ) Tj ET Q q 0 0 0 rg BT 341.12 430.10 Td (W) Tj ET Q q 0 0 0 rg BT 349.76 430.10 Td (e are amortizing the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.94 430.10 Td ($52 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.33 430.10 Td ( gain realized upon ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (settlement over the remaining ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.63 418.10 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.63 418.10 Td (-year term of related debt.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.74 418.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 398.10 Td (Also, in February 2014, we entered into a series of interest rate swaps to ef) Tj ET Q q 0 0 0 rg BT 349.17 398.10 Td (fectively convert our September 2013, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.23 398.10 Td ($500 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.63 398.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 386.10 Td (debt issue, due in 2023, from a fixed rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.17 386.10 Td (3.65 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.60 386.10 Td ( to a floating rate equal to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.55 386.10 Td (one-month LIBOR) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.38 386.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.88 386.10 Td (plus a spread.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.58 386.10 Td ( ) Tj ET Q q 0 0 0 rg BT 531.90 386.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 374.10 Td (terms of the swaps mirror those of the debt, with interest paid semi-annually) Tj ET Q q 0 0 0 rg BT 354.56 374.10 Td (. ) Tj ET Q q 0 0 0 rg BT 359.38 374.10 Td (The swaps were designated, and will be accounted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 362.10 Td (for) Tj ET Q q 0 0 0 rg BT 61.26 362.10 Td (, as fair value hedges under GAAP) Tj ET Q q 0 0 0 rg BT 199.28 362.10 Td (. ) Tj ET Q q 0 0 0 rg BT 204.10 362.10 Td (The gain or loss on these derivative instruments, as well as the of) Tj ET Q q 0 0 0 rg BT 464.69 362.10 Td (fsetting gain or loss on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 350.10 Td (the hedged item attributable to the hedged risk, are recognized in current income as Interest expense. ) Tj ET Q q 0 0 0 rg BT 464.09 350.10 Td (The net swap ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 338.10 Td (settlements that accrue each period are also reported in interest expense.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 318.10 Td (The following table summarizes these gains and losses for the years presented below:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.12 318.10 Td ( ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 61.00 259.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 166.00 259.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 170.00 259.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 230.00 259.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.00 259.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.00 259.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 298.00 259.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.00 259.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.00 259.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.00 259.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.00 259.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.00 259.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.00 259.60 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170 293.6 m 230 293.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230 293.6 m 234 293.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 234 293.6 m 294 293.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294 293.6 m 298 293.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 293.6 m 358 293.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 293.6 m 362 293.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362 293.6 m 422 293.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422 293.6 m 426 293.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170 280.6 m 230 280.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 230 280.6 m 234 280.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 234 280.6 m 294 280.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 280.6 m 358 280.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358 280.6 m 362 280.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362 280.6 m 422 280.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426 293.6 m 486 293.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426 280.6 m 486 280.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 293.6 m 490 293.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 280.6 m 490 280.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490 293.6 m 550 293.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490 280.6 m 550 280.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 170 259.6 m 230 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 234 259.6 m 294 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298 259.6 m 358 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362 259.6 m 422 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426 259.6 m 486 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 259.6 m 490 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490 259.6 m 550 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426 259.6 m 486 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 259.6 m 490 259.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490 259.6 m 550 259.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 63.50 298.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 314.45 297.83 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 63.50 284.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 223.50 284.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.50 284.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 479.50 284.83 Td (2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 63.50 271.83 Td (Income Statement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 63.50 263.83 Td (Classification) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 174.25 271.83 Td (Gain/\(Loss\)on) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 188.60 263.83 Td (Swaps) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 238.25 271.83 Td (Gain/\(Loss\)on) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 243.55 263.83 Td (Borrowings) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 302.25 271.83 Td (Gain/\(Loss\)on) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 316.60 263.83 Td (Swaps) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 366.25 271.83 Td (Gain/\(Loss\)on) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.55 263.83 Td (Borrowings) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.25 271.83 Td (Gain/\(Loss\)on) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.60 263.83 Td (Swaps) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 494.25 271.83 Td (Gain/\(Loss\)on) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 499.55 263.83 Td (Borrowings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.50 249.27 Td (Interest expense ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 130.69 253.80 Td (\(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 172.50 249.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 216.15 249.28 Td (23) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 236.50 249.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 276.80 249.28 Td (\(19) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 290.15 249.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.50 249.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.80 249.32 Td (\(39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 249.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.50 249.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 249.27 Td (39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.50 249.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 249.27 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.50 249.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 249.32 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.15 249.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 59.00 237.90 Td ( ___________________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 59.00 228.92 Td ( ) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 60.30 228.92 Td (\(1\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 66.36 225.30 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 68.22 225.30 Td (The dif) Tj ET Q q 0 0 0 rg BT 91.40 225.30 Td (ference between the gain/\(loss\) on swaps and borrowings represents hedge inef) Tj ET Q q 0 0 0 rg BT 344.50 225.30 Td (fectiveness.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 382.04 225.30 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 201.30 Td (Fair) Tj ET Q q 0 0 0 rg BT 68.14 201.30 Td ( ) Tj ET Q q 0 0 0 rg BT 70.46 201.30 Td (V) Tj ET Q q 0 0 0 rg BT 76.77 201.30 Td (alue of Debt) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 128.43 201.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 189.30 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 177.30 Td (Based on borrowing rates currently available to us for bank loans with similar terms and average maturities, considering our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 165.30 Td (risk premium, the fair value and carrying value of total debt, including current maturities, was as follows:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.82 165.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.25 114.30 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 114.25 141.80 155.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.25 141.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.25 141.80 111.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.25 141.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.25 141.80 111.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 114.25 141.79999999999995 m 269.25 141.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.25 141.79999999999995 m 384.25 141.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.25 141.79999999999995 m 499.25 141.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.25 141.79999999999995 m 384.25 141.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.25 141.79999999999995 m 499.25 141.79999999999995 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 116.75 146.03 Td (Inmillions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 296.00 146.03 Td (December 31, 2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.00 146.03 Td (December 31, 2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.75 132.37 Td (Fair value of total debt) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 207.83 136.90 Td (\(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 275.75 132.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 357.90 132.48 Td (1,993) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.75 132.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.90 132.37 Td (1,877) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.75 118.37 Td (Carrying value of total debt) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 357.90 118.48 Td (1,698) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.90 118.37 Td (1,740) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 113.00 107.10 Td (___________________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 113.00 98.13 Td (\(1\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 119.06 94.50 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 120.92 94.50 Td (The fair value of debt is derived from Level 2 inputs.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 290.86 94.50 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 179 0 obj <>] /Rotate 0 /Contents 180 0 R>> endobj 180 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (89) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (NOTE 10. PRODUCT) Tj ET Q q 0 0 0 rg BT 147.60 742.25 Td ( ) Tj ET Q q 0 0 0 rg BT 149.92 742.25 Td (W) Tj ET Q q 0 0 0 rg BT 158.81 742.25 Td (ARRANTY) Tj ET Q q 0 0 0 rg BT 208.44 742.25 Td ( LIABILITY) Tj ET Q BT /F2 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 722.25 Td ( tabular reconciliation of the product warranty liability) Tj ET Q q 0 0 0 rg BT 274.00 722.25 Td (, including the deferred revenue related to our extended warranty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (coverage and accrued recall programs was as follows:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.74 710.25 Td ( ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 664.75 407.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 664.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 664.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 664.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 514.50 664.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 636.75 407.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 636.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 636.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 636.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 514.50 636.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 608.75 407.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 608.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 608.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 608.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 514.50 608.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 580.75 407.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 580.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.50 580.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 580.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 514.50 580.75 49.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 677.75 m 510.5 677.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 677.75 m 514.5 677.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514.5 677.75 m 563.5 677.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 664.75 m 510.5 664.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514.5 664.75 m 563.5 664.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 566.75 m 510.5 566.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 553.75 m 510.5 553.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461.5 551.75 m 510.5 551.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514.5 566.75 m 563.5 566.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514.5 553.75 m 563.5 553.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 514.5 551.75 m 563.5 551.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 682.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 488.75 681.98 Td (December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 668.98 Td (Inmillions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 477.50 668.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.50 668.98 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 655.32 Td (Balance, beginning of year) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 464.00 655.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.15 655.43 Td (1,129) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.00 655.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.15 655.32 Td (1,088) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 641.32 Td (Provision for warranties issued) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.65 641.43 Td (411) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.65 641.32 Td (431) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 627.32 Td (Deferred revenue on extended warranty contracts sold) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 491.65 627.43 Td (263) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.65 627.32 Td (189) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 613.32 Td (Payments) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.30 613.48 Td (\(404) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 506.65 613.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.30 613.37 Td (\(427) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.65 613.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 599.32 Td (Amortization of deferred revenue on extended warranty contracts) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.30 599.48 Td (\(148) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 506.65 599.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.30 599.37 Td (\(115) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.65 599.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 585.32 Td (Changes in estimates for pre-existing warranties) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 496.65 585.43 Td (41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.30 585.37 Td (\(35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.65 585.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 571.32 Td (Foreign currency translation) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 498.30 571.48 Td (\(9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 506.65 571.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.30 571.37 Td (\(2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.65 571.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 557.32 Td (Balance, end of year) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 464.00 557.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 484.15 557.43 Td (1,283) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.00 557.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.15 557.32 Td (1,129) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 533.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 533.25 Td (arranty related deferred revenue, supplier recovery receivables and the long-term portion of the warranty liability on our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 521.25 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.65 521.25 Td ( were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 483.75 240.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 483.75 5.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 295.50 483.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 483.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 483.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 483.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 483.75 166.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 455.75 240.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 455.75 5.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 295.50 455.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 455.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 455.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 455.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 455.75 166.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 427.75 240.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 427.75 5.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 295.50 427.75 47.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 427.75 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 427.75 47.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 427.75 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 427.75 166.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 391.75 240.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 391.75 5.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 295.50 391.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 391.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 391.75 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 391.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 391.75 166.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 363.75 240.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 363.75 5.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 295.50 363.75 47.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 363.75 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 363.75 47.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 363.75 4.00 -22.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 363.75 166.00 -22.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295.5 496.75 m 342.5 496.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 496.75 m 346.5 496.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 496.75 m 393.5 496.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295.5 483.75 m 342.5 483.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 483.75 m 393.5 483.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 483.75 m 563.5 483.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295.5 441.75 m 342.5 441.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 441.75 m 393.5 441.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295.5 426.75 m 342.5 426.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295.5 428.75 m 342.5 428.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 426.75 m 393.5 426.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 428.75 m 393.5 428.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295.5 377.75 m 342.5 377.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295.5 364.75 m 342.5 364.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295.5 362.75 m 342.5 362.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 377.75 m 393.5 377.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 364.75 m 393.5 364.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 362.75 m 393.5 362.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295.5 342.75 m 342.5 342.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295.5 340.75 m 342.5 340.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 342.75 m 393.5 342.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 340.75 m 393.5 340.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 501.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 320.75 500.98 Td (December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.00 500.98 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 487.98 Td (Inmillions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 310.50 487.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 361.50 487.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 440.00 487.98 Td (BalanceSheetLocation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 474.32 Td (Deferred revenue related to extended coverage programs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.00 474.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.00 474.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.00 474.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 460.32 Td (Current portion) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 298.00 460.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.65 460.43 Td (170) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.00 460.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.65 460.32 Td (145) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.00 460.32 Td (Deferred revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 446.32 Td (Long-term portion) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.65 446.43 Td (438) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.65 446.32 Td (349) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.00 446.32 Td (Other liabilities and deferred revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 432.32 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 298.00 432.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.65 432.43 Td (608) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.00 432.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.65 432.32 Td (494) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.00 432.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 410.42 Td (Receivables related to estimated supplier recoveries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.00 410.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.00 410.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.00 410.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 396.32 Td (Current portion) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 298.00 396.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.65 396.43 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.00 396.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.65 396.32 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.00 396.32 Td (Trade and other receivables) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 382.32 Td (Long-term portion) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.65 382.43 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.65 382.32 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.00 382.32 Td (Other assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 368.32 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 298.00 368.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 328.65 368.43 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.00 368.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.65 368.32 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.00 368.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 346.42 Td (Long-term portion of warranty liability) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 298.00 346.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.65 346.43 Td (312) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.00 346.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.65 346.42 Td (275) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.00 346.42 Td (Other liabilities and deferred revenue) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 318.25 Td (NOTE 1) Tj ET Q q 0 0 0 rg BT 85.29 318.25 Td (1. PENSION ) Tj ET Q q 0 0 0 rg BT 144.19 318.25 Td (AND OTHER POSTRETIREMENT) Tj ET Q q 0 0 0 rg BT 301.25 318.25 Td ( BENEFITS) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 298.25 Td (Pension Plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 278.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 278.25 Td (e sponsor several contributory and noncontributory pension plans covering substantially all employees. Generally) Tj ET Q q 0 0 0 rg BT 512.60 278.25 Td (, hourly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 266.25 Td (employee pension benefits are earned based on years of service and compensation during active employment while future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 254.25 Td (benefits for salaried employees are determined using a cash balance formula. However) Tj ET Q q 0 0 0 rg BT 396.67 254.25 Td (, the level of benefits and terms of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 242.25 Td (vesting may vary among plans. Pension plan assets are administered by trustees and are principally invested in fixed income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 230.25 Td (securities and equity securities. It is our policy to make contributions to our various qualified plans in accordance with statutory ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 218.25 Td (and contractual funding requirements and any additional contributions we determine are appropriate.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 198.25 Td (Obligations, ) Tj ET Q q 0 0 0 rg BT 102.42 198.25 Td (Assets and Funded Status) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.25 Td (Benefit obligation balances presented below reflect the projected benefit obligation \(PBO\) for our pension plans. ) Tj ET Q q 0 0 0 rg BT 503.57 178.25 Td (The changes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.25 Td (in the benefit obligations, the various plan assets, the funded status of the plans and the amounts recognized in our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 154.25 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.65 154.25 Td ( for our significant pension plans were as follows:) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 181 0 obj <>] /Rotate 0 /Contents 182 0 R>> endobj 182 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (90) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 707.50 300.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 707.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 707.50 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 707.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 707.50 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 707.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.50 707.50 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 707.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.50 707.50 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 679.50 300.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 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1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 454.5 m 403.5 454.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 456.5 m 456.5 456.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 454.5 m 456.5 454.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 456.5 m 509.5 456.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 454.5 m 509.5 454.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 456.5 m 562.5 456.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 454.5 m 562.5 454.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 399.5 m 403.5 399.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 386.5 m 403.5 386.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 384.5 m 403.5 384.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 399.5 m 456.5 399.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 386.5 m 456.5 386.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 384.5 m 456.5 384.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 399.5 m 509.5 399.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 386.5 m 509.5 386.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 384.5 m 509.5 384.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 399.5 m 562.5 399.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 386.5 m 562.5 386.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 384.5 m 562.5 384.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 343.5 m 403.5 343.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 330.5 m 403.5 330.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 328.5 m 403.5 328.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 343.5 m 456.5 343.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 330.5 m 456.5 330.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 328.5 m 456.5 328.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 343.5 m 509.5 343.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 330.5 m 509.5 330.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 328.5 m 509.5 328.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 343.5 m 562.5 343.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 330.5 m 562.5 330.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 328.5 m 562.5 328.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 739.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 384.40 738.73 Td (Qualified and Non-Qualified Pension Plans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 725.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.55 724.73 Td (U.S. Plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 492.65 724.73 Td (U.K. Plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 711.73 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.50 711.73 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 423.50 711.73 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.50 711.73 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.50 711.73 Td (2013) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 53.00 698.06 Td (Change in benefit obligation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.00 698.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.00 698.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.00 698.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.00 698.07 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 65.00 684.06 Td (Benefit obligation at the beginning of the year) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 357.00 684.07 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 378.40 684.07 Td (2,261) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 410.00 684.06 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 431.40 684.06 Td (2,454) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 684.07 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 484.40 684.07 Td (1,429) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 516.00 684.06 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 537.40 684.06 Td (1,269) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 77.00 670.06 Td (Service cost) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 390.30 670.07 Td (66) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 443.30 670.06 Td (70) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 496.30 670.07 Td (24) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 549.30 670.06 Td (21) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 77.00 656.06 Td (Interest cost) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 385.55 656.07 Td (105) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 443.30 656.06 Td (93) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 496.30 656.07 Td (63) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 549.30 656.06 Td (57) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 77.00 642.06 Td (Actuarial loss \(gain\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 385.55 642.07 Td (301) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 435.35 642.06 Td (\(193) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 452.80 642.06 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 491.55 642.07 Td (139) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 549.30 642.06 Td (96) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 77.00 628.06 Td (Benefits paid from fund) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 382.35 628.07 Td (\(143) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 399.80 628.07 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 435.35 628.06 Td (\(150) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 452.80 628.06 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 493.10 628.07 Td (\(48) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 505.80 628.07 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 546.10 628.06 Td (\(50) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 558.80 628.06 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 77.00 614.06 Td (Benefits paid directly by employer) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 387.10 614.07 Td (\(11) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 399.80 614.07 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 440.10 614.06 Td (\(13) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 452.80 614.06 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 496.30 614.07 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 549.30 614.06 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 77.00 600.06 Td (Exchange rate changes) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 390.30 600.07 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 443.30 600.06 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 493.10 600.07 Td (\(85) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 505.80 600.07 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 549.30 600.06 Td (37) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 77.00 586.06 Td (Other) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 390.30 586.07 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 443.30 586.06 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 496.30 586.07 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 550.85 586.06 Td (\(1) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 558.80 586.06 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 65.00 572.06 Td (Benefit obligation at end of year) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 357.00 572.07 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 378.40 572.07 Td (2,579) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 410.00 572.06 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 431.40 572.06 Td (2,261) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 572.07 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 484.40 572.07 Td (1,522) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 516.00 572.06 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 537.40 572.06 Td (1,429) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 53.00 558.06 Td (Change in plan assets) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 357.00 558.07 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 410.00 558.06 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 558.07 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 516.00 558.06 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 65.00 544.06 Td (Fair value of plan assets at beginning of year) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 357.00 544.07 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 378.40 544.07 Td (2,445) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 410.00 544.06 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 431.40 544.06 Td (2,327) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 544.07 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 484.40 544.07 Td (1,516) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 516.00 544.06 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 537.40 544.06 Td (1,324) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 77.00 530.06 Td (Actual return on plan assets) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 385.55 530.07 Td (311) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 438.55 530.06 Td (168) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 491.55 530.07 Td (254) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 544.55 530.06 Td (142) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 77.00 516.06 Td (Employer contributions) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 385.55 516.07 Td (100) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 438.55 516.06 Td (100) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 496.30 516.07 Td (94) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 549.30 516.06 Td (56) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 77.00 502.06 Td (Benefits paid) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 382.35 502.07 Td (\(143) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 399.80 502.07 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 435.35 502.06 Td (\(150) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 452.80 502.06 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 493.10 502.07 Td (\(48) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 505.80 502.07 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 546.10 502.06 Td (\(50) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 558.80 502.06 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 77.00 488.06 Td (Exchange rate changes) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 390.30 488.07 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 443.30 488.06 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 493.10 488.07 Td (\(92) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 505.80 488.07 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 549.30 488.06 Td (44) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 65.00 474.06 Td (Fair value of plan assets at end of year) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 357.00 474.07 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 378.40 474.07 Td (2,713) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 410.00 474.06 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 431.40 474.06 Td (2,445) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 474.07 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 484.40 474.07 Td (1,724) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 516.00 474.06 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 537.40 474.06 Td (1,516) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 53.00 460.06 Td (Funded status \(including underfunded and nonfunded plans\) at end of year) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 357.00 460.07 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 385.55 460.07 Td (134) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 410.00 460.06 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 438.55 460.06 Td (184) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 460.07 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 491.55 460.07 Td (202) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 516.00 460.06 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 549.30 460.06 Td (87) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 53.00 446.06 Td (Amounts recognized in consolidated balance sheets) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 357.00 446.07 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 410.00 446.06 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 446.07 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 516.00 446.06 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 65.00 432.06 Td (Prepaid pensions - long-term assets) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 357.00 432.07 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 385.55 432.07 Td (435) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 410.00 432.06 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 438.55 432.06 Td (427) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 432.07 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 491.55 432.07 Td (202) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 516.00 432.06 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 549.30 432.06 Td (87) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 65.00 418.06 Td (Accrued compensation, benefits and retirement costs - current liabilities) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 387.10 418.07 Td (\(12) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 399.80 418.07 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 440.10 418.06 Td (\(11) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 452.80 418.06 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 496.30 418.07 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 549.30 418.06 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 65.00 404.06 Td (Pensions - long-term liabilities) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 382.35 404.07 Td (\(289) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 399.80 404.07 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 435.35 404.06 Td (\(232) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 452.80 404.06 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 496.30 404.07 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 549.30 404.06 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 77.00 390.06 Td (Net amount recognized) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 357.00 390.07 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 385.55 390.07 Td (134) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 410.00 390.06 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 438.55 390.06 Td (184) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 390.07 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 491.55 390.07 Td (202) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 516.00 390.06 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 549.30 390.06 Td (87) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 53.00 376.06 Td (Amounts recognized in accumulated other comprehensive loss consist of:) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 357.00 376.07 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 410.00 376.06 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 376.07 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 516.00 376.06 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 65.00 362.06 Td (Net actuarial loss) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 357.00 362.07 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 385.55 362.07 Td (611) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 410.00 362.06 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 438.55 362.06 Td (478) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 362.07 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 491.55 362.07 Td (286) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 516.00 362.06 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 544.55 362.06 Td (361) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 65.00 348.06 Td (Prior service credit) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 391.85 348.07 Td (\(1) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 399.80 348.07 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 444.85 348.06 Td (\(1) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 452.80 348.06 Td (\)) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 496.30 348.07 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 549.30 348.06 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 77.00 334.06 Td (Net amount recognized) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 357.00 334.07 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 385.55 334.07 Td (610) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 410.00 334.06 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 438.55 334.06 Td (477) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 463.00 334.07 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 491.55 334.07 Td (286) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 516.00 334.06 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 544.55 334.06 Td (361) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.00 Td (In addition to the pension plans in the above table, we also maintain less significant defined benefit pension plans primarily in) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.05 310.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.00 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 298.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.50 298.00 Td (other countries outside of the U.S. and the U.K. that comprise approximately) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.93 298.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.43 298.00 Td (3 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.35 298.00 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.79 298.00 Td (5 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.71 298.00 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.21 298.00 Td (of our pension plan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.00 Td (assets and obligations, respectively) Tj ET Q q 0 0 0 rg BT 189.87 286.00 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.37 286.00 Td ( ) Tj ET Q q 0 0 0 rg BT 194.69 286.00 Td (These plans are reflected in "Other liabilities and deferred revenue" on our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 495.50 286.00 Td (Consolidated ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 274.00 Td (Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.81 274.00 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 254.00 Td (The following table presents information regarding total accumulated benefit obligation, PBO's and underfunded pension plans ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 242.00 Td (that are included in the preceding table:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 190.50 300.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 190.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 190.50 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 190.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 190.50 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 190.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.50 190.50 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 190.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.50 190.50 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 162.50 300.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 162.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 162.50 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 162.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 162.50 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 162.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.50 162.50 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 162.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.50 162.50 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 134.50 300.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 350.50 134.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 134.50 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 403.50 134.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 134.50 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 134.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.50 134.50 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 134.50 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.50 134.50 49.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 217.5 m 403.5 217.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 217.5 m 407.5 217.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 217.5 m 456.5 217.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 217.5 m 460.5 217.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 217.5 m 509.5 217.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 217.5 m 513.5 217.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 217.5 m 562.5 217.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 203.5 m 403.5 203.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 403.5 203.5 m 407.5 203.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 203.5 m 456.5 203.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 203.5 m 509.5 203.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 203.5 m 513.5 203.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 203.5 m 562.5 203.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 190.5 m 403.5 190.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 190.5 m 456.5 190.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 190.5 m 509.5 190.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513.5 190.5 m 562.5 190.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 222.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 384.40 221.73 Td (Qualified and Non-Qualified Pension Plans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 208.18 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.55 207.73 Td (U.S. Plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 492.65 207.73 Td (U.K. Plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 194.73 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.50 194.73 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 423.50 194.73 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.50 194.73 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.50 194.73 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 181.07 Td (Total accumulated benefit obligation) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 357.00 181.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.15 181.18 Td (2,539) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.00 181.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 181.07 Td (2,231) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 463.00 181.18 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.15 181.18 Td (1,402) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.00 181.07 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 181.07 Td (1,309) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 167.07 Td (Plans with accumulated benefit obligation in excess of plan assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 153.07 Td (Accumulated benefit obligation) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 384.65 153.18 Td (261) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 153.07 Td (212) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 495.65 153.18 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 153.07 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 139.07 Td (Plans with projected benefit obligation in excess of plan assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 125.07 Td (Projected benefit obligation) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 384.65 125.18 Td (301) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 125.07 Td (243) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 495.65 125.18 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 125.07 Td () Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 183 0 obj <>] /Rotate 0 /Contents 184 0 R>> endobj 184 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (91) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Components of Net Periodic Pension Cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (The following table presents the net periodic pension cost under our plans:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 73.50 672.75 200.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 672.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.50 672.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 672.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 672.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 672.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.50 672.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 672.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 672.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 672.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 672.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 672.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 672.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 73.50 644.75 200.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 644.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.50 644.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 644.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 644.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 644.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.50 644.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 644.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 644.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 644.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 644.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 644.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 644.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 73.50 616.75 200.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 616.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 277.50 616.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 317.50 616.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 616.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 361.50 616.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.50 616.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 616.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 616.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 616.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 616.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 616.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 616.75 40.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 698.75 m 317.5 698.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 698.75 m 321.5 698.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 698.75 m 361.5 698.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 698.75 m 365.5 698.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 698.75 m 405.5 698.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 698.75 m 409.5 698.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 698.75 m 449.5 698.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 698.75 m 453.5 698.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 698.75 m 493.5 698.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 698.75 m 497.5 698.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 698.75 m 537.5 698.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 685.75 m 317.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 317.5 685.75 m 321.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 685.75 m 361.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 685.75 m 365.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 685.75 m 405.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 685.75 m 449.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 685.75 m 453.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 685.75 m 493.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 685.75 m 497.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 685.75 m 537.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 672.75 m 317.5 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 672.75 m 361.5 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 672.75 m 405.5 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 672.75 m 449.5 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 672.75 m 493.5 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 672.75 m 537.5 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 672.75 m 317.5 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 672.75 m 361.5 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 672.75 m 405.5 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 672.75 m 449.5 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 672.75 m 493.5 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 672.75 m 537.5 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 602.75 m 317.5 602.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 602.75 m 361.5 602.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 602.75 m 405.5 602.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 602.75 m 449.5 602.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 602.75 m 493.5 602.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 602.75 m 537.5 602.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 602.75 m 317.5 602.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 588.75 m 317.5 588.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 277.5 586.75 m 317.5 586.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 602.75 m 361.5 602.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 588.75 m 361.5 588.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 321.5 586.75 m 361.5 586.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 602.75 m 405.5 602.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 588.75 m 405.5 588.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365.5 586.75 m 405.5 586.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 602.75 m 449.5 602.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 588.75 m 449.5 588.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 586.75 m 449.5 586.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 602.75 m 493.5 602.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 588.75 m 493.5 588.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 586.75 m 493.5 586.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 602.75 m 537.5 602.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 588.75 m 537.5 588.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 586.75 m 537.5 586.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 76.00 702.48 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 333.40 702.98 Td (Qualified and Non-Qualified Pension Plans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 76.00 689.48 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 323.55 689.98 Td (U.S.Plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 454.65 689.98 Td (U.K.Plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 76.00 676.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 289.00 676.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 333.00 676.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 377.00 676.98 Td (2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.00 676.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 465.00 676.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 509.00 676.98 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 663.32 Td (Service cost) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 280.00 663.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 303.65 663.43 Td (66) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.00 663.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 663.32 Td (70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.00 663.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 663.32 Td (58) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 412.00 663.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.65 663.43 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.00 663.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 663.32 Td (21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 663.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.65 663.32 Td (21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 649.32 Td (Interest cost) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 298.65 649.43 Td (105) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 649.32 Td (93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 649.32 Td (103) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.65 649.43 Td (63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 649.32 Td (57) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.65 649.32 Td (59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 635.32 Td (Expected return on plan assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 295.30 635.43 Td (\(173) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 313.65 635.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.30 635.37 Td (\(167) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.65 635.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.30 635.37 Td (\(157) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.65 635.32 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 432.30 635.48 Td (\(84) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 445.65 635.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.30 635.37 Td (\(72) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 635.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.30 635.37 Td (\(81) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.65 635.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 621.32 Td (Amortization of prior service \(credit\) cost) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 305.30 621.43 Td (\(1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 313.65 621.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.30 621.37 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.65 621.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.30 621.37 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.65 621.32 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.65 621.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 621.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.65 621.32 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 607.32 Td (Recognized net actuarial loss) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 303.65 607.43 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 607.32 Td (62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 607.32 Td (47) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.65 607.43 Td (26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 607.32 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.65 607.32 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.00 592.42 Td (Net periodic pension cost) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 280.00 592.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 303.65 592.43 Td (28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.00 592.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 592.42 Td (57) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.00 592.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 592.42 Td (50) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 412.00 592.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 435.65 592.43 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.00 592.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 592.42 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 592.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.65 592.42 Td (14) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 568.25 Td (Other changes in benefit obligations and plan assets recognized in other comprehensive income in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.88 568.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.88 568.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.88 568.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.88 568.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.32 568.25 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.32 568.25 Td ( were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 556.25 Td (as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 64.00 532.75 348.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 532.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.00 532.75 41.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.00 532.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.00 532.75 41.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 532.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.00 532.75 41.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 64.00 502.75 348.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 502.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.00 502.75 41.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.00 502.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.00 502.75 41.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 502.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.00 502.75 41.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 64.00 472.75 348.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 472.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.00 472.75 41.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.00 472.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.00 472.75 41.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 472.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.00 472.75 41.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 64.00 442.75 348.00 -9.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 442.75 4.00 -9.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.00 442.75 41.00 -9.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.00 442.75 4.00 -9.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 461.00 442.75 41.00 -9.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.00 442.75 4.00 -9.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.00 442.75 41.00 -9.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416 532.75 m 457 532.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 532.75 m 502 532.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 532.75 m 547 532.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416 457.75 m 457 457.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 457.75 m 502 457.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 457.75 m 547 457.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416 441.75 m 457 441.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416 443.75 m 457 443.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 441.75 m 502 441.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 443.75 m 502 443.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 441.75 m 547 441.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 443.75 m 547 443.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416 419.75 m 457 419.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416 417.75 m 457 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 419.75 m 502 419.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 461 417.75 m 502 417.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 419.75 m 547 419.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506 417.75 m 547 417.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 66.50 536.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 428.00 536.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.00 536.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.00 536.98 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 522.42 Td (Amortization of prior service \(cost\) credit) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 418.50 522.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 448.15 522.43 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.50 522.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.15 522.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.50 522.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.80 522.47 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 522.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 507.42 Td (Recognized actuarial loss) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.80 507.48 Td (\(57) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.15 507.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.80 507.47 Td (\(86) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 507.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.80 507.47 Td (\(61) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 507.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 492.42 Td (Incurred prior service cost) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.15 492.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.15 492.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.15 492.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 477.42 Td (Incurred actuarial \(gain\) loss) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.15 477.43 Td (133) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.80 477.47 Td (\(168) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 477.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.15 477.42 Td (124) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 462.42 Td (Foreign exchange translation adjustments) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.80 462.48 Td (\(18) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 453.15 462.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.15 462.42 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.15 462.42 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.50 447.42 Td (Total recognized in other comprehensive income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 418.50 447.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 443.15 447.43 Td (59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.50 447.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.80 447.47 Td (\(243) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 447.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.50 447.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.15 447.42 Td (79) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 423.42 Td (Total recognized in net periodic pension cost and other comprehensive income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 418.50 423.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 438.15 423.43 Td (116) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.50 423.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.80 423.47 Td (\(156) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 423.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.50 423.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.15 423.42 Td (143) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 399.25 Td (The amount in accumulated other comprehensive loss expected to be recognized as a component of net periodic pension cost ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 387.25 Td (during the next fiscal year is a net actuarial loss of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.54 387.25 Td ($71 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.93 387.25 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 369.25 Td (Assumptions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 349.25 Td (The table below presents various assumptions used in determining the pension benefit obligation for each year and reflects ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 337.25 Td (weighted-average percentages for the various plans as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 145.00 284.75 153.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 298.00 284.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 284.75 38.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.00 284.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 284.75 38.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.00 284.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.00 284.75 38.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.00 284.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 284.75 38.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 312.75 m 340 312.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340 312.75 m 344 312.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 312.75 m 382 312.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 312.75 m 386 312.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386 312.75 m 424 312.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 312.75 m 428 312.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 312.75 m 466 312.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 298.75 m 340 298.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340 298.75 m 344 298.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 298.75 m 382 298.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386 298.75 m 424 298.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424 298.75 m 428 298.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 298.75 m 466 298.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 284.75 m 340 284.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 284.75 m 382 284.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386 284.75 m 424 284.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 284.75 m 466 284.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 147.50 317.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 309.90 316.98 Td (Qualified and Non-Qualified Pension Plans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 147.50 303.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 324.05 302.98 Td (U.S. Plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.15 302.98 Td (U.K. Plans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 147.50 289.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 312.50 288.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.50 288.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 396.50 288.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 438.50 288.98 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.50 275.32 Td (Discount rate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 312.00 275.43 Td (4.07) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 329.50 275.43 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.60 275.32 Td (4.83) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 275.32 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.00 275.43 Td (3.80) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 413.50 275.43 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.60 275.32 Td (4.60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 275.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.50 261.32 Td (Compensation increase rate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 312.00 261.43 Td (4.88) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 329.50 261.43 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.60 261.32 Td (4.91) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 261.32 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.00 261.43 Td (4.25) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 413.50 261.43 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.60 261.32 Td (4.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 261.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 237.25 Td (The table below presents various assumptions used in determining the net periodic pension cost and reflects weighted-average ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 225.25 Td (percentages for the various plans as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 100.00 174.75 171.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 271.00 174.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.00 174.75 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.00 174.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.00 174.75 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.00 174.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.00 174.75 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.00 174.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.00 174.75 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.00 174.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.00 174.75 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.00 174.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 475.00 174.75 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 100.00 146.75 171.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 271.00 146.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.00 146.75 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.00 146.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.00 146.75 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 351.00 146.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.00 146.75 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.00 146.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.00 146.75 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 431.00 146.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 435.00 146.75 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.00 146.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 475.00 146.75 36.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275 201.75 m 311 201.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 201.75 m 315 201.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315 201.75 m 351 201.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 201.75 m 355 201.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355 201.75 m 391 201.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391 201.75 m 395 201.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 201.75 m 431 201.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 431 201.75 m 435 201.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435 201.75 m 471 201.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471 201.75 m 475 201.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 201.75 m 511 201.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275 188.75 m 311 188.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311 188.75 m 315 188.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315 188.75 m 351 188.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 351 188.75 m 355 188.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355 188.75 m 391 188.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 188.75 m 431 188.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 431 188.75 m 435 188.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435 188.75 m 471 188.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471 188.75 m 475 188.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 188.75 m 511 188.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275 174.75 m 311 174.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315 174.75 m 351 174.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355 174.75 m 391 174.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 174.75 m 431 174.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 435 174.75 m 471 174.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475 174.75 m 511 174.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 102.50 205.48 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 318.90 205.98 Td (Qualified and Non-Qualified Pension Plans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 102.50 192.48 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 315.05 192.98 Td (U.S. Plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 434.15 192.98 Td (U.K. Plans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 102.50 179.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 284.50 178.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 324.50 178.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.50 178.98 Td (2012) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.50 178.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.50 178.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.50 178.98 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.50 165.32 Td (Discount rate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 283.00 165.43 Td (4.83) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.50 165.43 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.60 165.32 Td (3.97) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.15 165.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.60 165.32 Td (4.82) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.15 165.32 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.00 165.43 Td (4.60) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.50 165.43 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.60 165.32 Td (4.70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 165.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.60 165.32 Td (5.20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 165.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.50 151.32 Td (Expected return on plan assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 283.00 151.43 Td (7.50) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.50 151.43 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.60 151.32 Td (8.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.15 151.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.60 151.32 Td (8.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.15 151.32 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.00 151.43 Td (5.80) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.50 151.43 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.60 151.32 Td (5.80) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 151.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.60 151.32 Td (6.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 151.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.50 137.32 Td (Compensation increase rate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 283.00 137.43 Td (4.91) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 300.50 137.43 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.60 137.32 Td (4.91) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.15 137.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.60 137.32 Td (4.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.15 137.32 Td (%) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.00 137.43 Td (4.50) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 420.50 137.43 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.60 137.32 Td (4.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 137.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.60 137.32 Td (4.25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 137.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 185 0 obj <>] /Rotate 0 /Contents 186 0 R>> endobj 186 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (92) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Plan ) Tj ET Q q 0 0 0 rg BT 71.58 742.25 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (Our investment policies in the U.S. and U.K. provide for the rebalancing of assets to maintain our long-term strategic asset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (allocation. ) Tj ET Q q 0 0 0 rg BT 94.25 710.25 Td (W) Tj ET Q q 0 0 0 rg BT 102.89 710.25 Td (e are committed to its long-term strategy and do not attempt to time the market given empirical evidence that asset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (allocation is more critical than individual asset or investment manager selection. Rebalancing of the assets has and continues to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 686.25 Td (occur) Tj ET Q q 0 0 0 rg BT 71.66 686.25 Td (. ) Tj ET Q q 0 0 0 rg BT 76.47 686.25 Td (The rebalancing is critical to having the proper weighting of assets to achieve the expected total portfolio returns. ) Tj ET Q q 0 0 0 rg BT 531.97 686.25 Td (W) Tj ET Q q 0 0 0 rg BT 540.61 686.25 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 674.25 Td (believe that our portfolio is highly diversified and does not have any significant exposure to concentration risk. ) Tj ET Q q 0 0 0 rg BT 496.37 674.25 Td (The plan assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 662.25 Td (for our defined benefit pension plans do not include any of our common stock.) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 640.9169921875 m 116.123046875 640.9169921875 l s q 0 0 0 rg BT 50.00 642.25 Td (U.S. Plan ) Tj ET Q q 0 0 0 rg BT 90.01 642.25 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (For the U.S. qualified pension plans, our assumption for the expected return on assets was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.71 622.25 Td (7.5 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.13 622.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.91 622.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.91 622.25 Td (. Projected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (returns are based primarily on broad, publicly traded equity and fixed income indices and forward-looking estimates of active ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (portfolio and investment management. ) Tj ET Q q 0 0 0 rg BT 206.72 598.25 Td (W) Tj ET Q q 0 0 0 rg BT 215.36 598.25 Td (e expect additional positive returns from this active investment management. Based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (on the historical returns and forward-looking return expectations, we have elected to continue using our assumption of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.98 586.25 Td (7.5 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.42 574.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.20 574.25 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.20 574.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 554.25 Td (The primary investment objective is to exceed, on a net-of-fee basis, the rate of return of a policy portfolio comprised of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 542.25 Td (following:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 186.50 519.75 130.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 316.50 519.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 519.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 519.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 366.50 519.75 58.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 186.50 491.75 130.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 316.50 491.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 491.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 491.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 366.50 491.75 58.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 186.50 463.75 130.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 316.50 463.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 463.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 463.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 366.50 463.75 58.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 186.50 435.75 130.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 316.50 435.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 435.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 435.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 366.50 435.75 58.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 519.75 m 362.5 519.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 366.5 519.75 m 424.5 519.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 477.75 m 362.5 477.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 421.75 m 362.5 421.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 408.75 m 362.5 408.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 406.75 m 362.5 406.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 189.00 523.83 Td (Asset Class) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 329.80 523.83 Td (Target) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 384.10 523.83 Td (Range) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.00 510.32 Td (U.S. equities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.15 510.32 Td (9.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.65 510.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.40 510.32 Td (+/-5.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.00 496.32 Td (Non-U.S. equities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.15 496.32 Td (3.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.65 496.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.40 496.32 Td (+/-3.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.00 482.32 Td (Global equities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.10 482.32 Td (10.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.65 482.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.40 482.32 Td (+/-3.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.00 468.32 Td (Total equities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.10 468.32 Td (22.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.65 468.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.00 454.32 Td (Real estate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.15 454.32 Td (7.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.65 454.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.90 454.32 Td (+3.0/-7.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.00 440.32 Td (Private equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.15 440.32 Td (7.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.65 440.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.90 440.32 Td (+3.0/-7.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.00 426.32 Td (Fixed income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.10 426.32 Td (64.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.65 426.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.40 426.32 Td (+/-5.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.00 412.32 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.10 412.32 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.65 412.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 412.32 Td () Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 388.25 Td (The fixed income component is structured to represent a custom bond benchmark that will closely hedge the change in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 376.25 Td (value of our liabilities. ) Tj ET Q q 0 0 0 rg BT 142.85 376.25 Td (This component is structured in such a way that its benchmark covers approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 376.25 Td (95 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.07 376.25 Td ( of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 364.25 Td (plan's exposure to changes in its discount rate \(AA) Tj ET Q q 0 0 0 rg BT 252.31 364.25 Td (corporate bond yields\). In order to achieve a hedge on more than the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 352.25 Td (tar) Tj ET Q q 0 0 0 rg BT 60.37 352.25 Td (geted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.52 352.25 Td (64 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.45 352.25 Td ( of plan assets invested in fixed income securities, our Benefits Policy Committee \(BPC\) permits the fixed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 340.25 Td (income managers, other managers or the custodian/trustee to utilize derivative securities, as part of a liability driven investment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 328.25 Td (strategy to further reduce the plan's risk of declining interest rates. However) Tj ET Q q 0 0 0 rg BT 353.52 328.25 Td (, all managers hired to manage assets for the trust ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 316.25 Td (are prohibited from using leverage unless specifically discussed with the BPC and approved in their guidelines.) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 294.9169921875 m 117.783203125 294.9169921875 l s q 0 0 0 rg BT 50.00 296.25 Td (U.K. Plan ) Tj ET Q q 0 0 0 rg BT 91.67 296.25 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 276.25 Td (For the U.K. qualified pension plans, our assumption for the expected return on assets was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.37 276.25 Td (5.8 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.79 276.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.57 276.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.57 276.25 Td (. ) Tj ET Q q 0 0 0 rg BT 496.39 276.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 264.25 Td (methodology used to determine the rate of return on pension plan assets in the U.K. was based on establishing an equity-risk ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 252.25 Td (premium over current long-term bond yields adjusted based on tar) Tj ET Q q 0 0 0 rg BT 314.47 252.25 Td (get asset allocations. Our strategy with respect to our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 240.25 Td (investments in these assets is to be invested in a suitable mixture of return-seeking assets \(equities and real estate\) and liability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 228.25 Td (matching assets \(bonds\) with a long-term outlook. ) Tj ET Q q 0 0 0 rg BT 253.12 228.25 Td (Therefore, the risk and return balance of our U.K. asset portfolio should ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 216.25 Td (reflect a long-term horizon. ) Tj ET Q q 0 0 0 rg BT 162.27 216.25 Td (T) Tj ET Q q 0 0 0 rg BT 167.68 216.25 Td (o achieve these objectives we have established the following tar) Tj ET Q q 0 0 0 rg BT 423.24 216.25 Td (gets:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 185.75 144.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 185.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 185.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 157.75 144.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 157.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 157.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 129.75 144.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 129.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 129.75 42.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 101.75 144.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 101.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 101.75 42.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 185.75 m 400.5 185.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 101.75 m 400.5 101.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 88.75 m 400.5 88.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 86.75 m 400.5 86.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 213.00 189.83 Td (Asset Class) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 367.80 189.83 Td (Target) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.00 176.32 Td (Global equities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.10 176.32 Td (25.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 176.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.00 162.32 Td (Real estate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.15 162.32 Td (7.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 162.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.00 148.32 Td (Re-insurance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.15 148.32 Td (5.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 148.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.00 134.32 Td (Private equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.15 134.32 Td (7.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 134.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.00 120.32 Td (Corporate credit instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.15 120.32 Td (4.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 120.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.00 106.32 Td (Fixed income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.10 106.32 Td (50.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 106.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.00 92.32 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.10 92.32 Td (100.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 92.32 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 68.25 Td (As part of our strategy in the U.K. we have not prohibited the use of any financial instrument, including derivatives. Based on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 56.25 Td (the above discussion, we have elected to continue using our assumption of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.21 56.25 Td (5.8 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.63 56.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.41 56.25 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.41 56.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 187 0 obj <>] /Rotate 0 /Contents 188 0 R>> endobj 188 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (93) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 740.7669921875 m 170.6494140625 740.7669921875 l s q 0 0 0 rg BT 50.00 742.10 Td (Fair ) Tj ET Q q 0 0 0 rg BT 68.43 742.10 Td (V) Tj ET Q q 0 0 0 rg BT 74.54 742.10 Td (alue of U.S. Plan ) Tj ET Q q 0 0 0 rg BT 144.54 742.10 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.10 Td (The fair values of U.S. pension plan assets by asset category were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 668.60 170.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 219.50 668.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.50 668.60 102.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 668.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 668.60 76.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 668.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 668.60 83.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 668.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 668.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 640.60 170.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 219.50 640.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.50 640.60 102.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 640.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 640.60 76.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 640.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 640.60 83.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 640.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 640.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 612.60 170.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 219.50 612.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.50 612.60 102.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 612.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 612.60 76.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 612.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 612.60 83.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 612.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 612.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 584.60 170.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 219.50 584.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.50 584.60 102.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 584.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 584.60 76.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 584.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 584.60 83.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 584.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 584.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 556.60 170.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 219.50 556.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.50 556.60 102.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 556.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 556.60 76.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 556.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 556.60 83.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 556.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 556.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 527.60 170.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 219.50 527.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.50 527.60 102.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 527.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 527.60 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 527.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 527.60 83.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 527.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 527.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 497.60 170.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 219.50 497.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.50 497.60 102.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 497.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 497.60 76.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 497.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 497.60 83.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 497.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 497.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 469.60 170.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 219.50 469.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.50 469.60 102.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 469.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 469.60 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 405.50 469.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.50 469.60 83.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 469.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 469.60 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223.5 697.6 m 325.5 697.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 697.6 m 329.5 697.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 697.6 m 405.5 697.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 405.5 697.6 m 409.5 697.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 697.6 m 492.5 697.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 697.6 m 496.5 697.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 697.6 m 561.5 697.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223.5 668.6 m 325.5 668.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 668.6 m 405.5 668.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 668.6 m 492.5 668.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 668.6 m 561.5 668.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 497.6 m 561.5 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223.5 497.6 m 325.5 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 497.6 m 405.5 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 497.6 m 492.5 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 497.6 m 561.5 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223.5 482.6 m 325.5 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223.5 484.6 m 325.5 484.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 482.6 m 405.5 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 329.5 484.6 m 405.5 484.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 482.6 m 492.5 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409.5 484.6 m 492.5 484.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 483.6 m 561.5 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 454.6 m 561.5 454.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 441.6 m 561.5 441.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 439.6 m 561.5 439.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 702.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 306.00 701.83 Td (Fair Value Measurements as of December 31, 2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.00 672.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 234.75 688.83 Td (Quoted prices in active) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 227.50 680.83 Td (markets for identical assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.00 672.83 Td (\(Level 1\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 338.50 688.83 Td (Significant other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 336.85 680.83 Td (observable inputs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.00 672.83 Td (\(Level 2\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 432.05 688.83 Td (Significant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.90 680.83 Td (unobservable inputs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 435.50 672.83 Td (\(Level 3\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.75 672.83 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 659.17 Td (Equities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.00 659.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 659.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.00 659.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.00 659.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 645.17 Td (U.S.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 226.00 645.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 306.65 645.28 Td (103) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 332.00 645.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.65 645.28 Td (297) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 412.00 645.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 478.65 645.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 499.00 645.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 542.65 645.28 Td (400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 631.17 Td (Non-U.S.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 306.65 631.28 Td (137) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 391.65 631.28 Td (82) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 478.65 631.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 542.65 631.28 Td (219) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 617.17 Td (Fixed Income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 603.17 Td (Government debt) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.65 603.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.65 603.28 Td (886) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 478.65 603.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 542.65 603.28 Td (886) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 589.17 Td (Corporate debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 575.17 Td (U.S.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.65 575.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.65 575.28 Td (724) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 478.65 575.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 542.65 575.28 Td (724) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.00 561.17 Td (Non-U.S.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.65 561.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 391.65 561.28 Td (87) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 478.65 561.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 547.65 561.28 Td (87) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 547.17 Td (Asset/mortgaged backed securities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.65 547.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 391.65 547.28 Td (45) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 478.65 547.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 547.65 547.28 Td (45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 532.27 Td (Net cash equivalents) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 146.75 536.80 Td (\(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.65 532.28 Td (28) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.65 532.28 Td (2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 478.65 532.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 547.65 532.28 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 517.27 Td (Derivative instruments) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 143.37 521.80 Td (\(2\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.65 517.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.65 517.28 Td (2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 478.65 517.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.65 517.28 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 502.27 Td (Private equity and real estate) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 167.51 506.80 Td (\(3\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 311.65 502.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 391.65 502.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.65 502.28 Td (306) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 542.65 502.28 Td (306) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.00 488.17 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 226.00 488.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 306.65 488.28 Td (268) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 332.00 488.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 379.15 488.28 Td (2,125) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 412.00 488.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 473.65 488.28 Td (306) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 499.00 488.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 535.15 488.28 Td (2,699) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 474.17 Td (Pending trade/purchases/sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 322.00 474.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 402.00 474.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.00 474.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.65 474.28 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 459.27 Td (Accruals) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 87.54 463.80 Td (\(4\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 322.00 459.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 402.00 459.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.00 459.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.65 459.28 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.00 445.17 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 322.00 445.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 402.00 445.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.00 445.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 499.00 445.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 535.15 445.28 Td (2,713) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 389.60 172.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 222.50 389.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 226.50 389.60 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 389.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 389.60 77.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 389.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 389.60 82.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 389.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 389.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 361.60 172.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 222.50 361.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 226.50 361.60 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 361.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 361.60 77.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 361.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 361.60 82.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 361.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 361.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 333.60 172.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 222.50 333.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 226.50 333.60 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 333.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 333.60 77.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 333.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 333.60 82.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 333.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 333.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 305.60 172.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 222.50 305.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 226.50 305.60 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 305.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 305.60 77.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 305.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 305.60 82.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 305.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 305.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 277.60 172.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 222.50 277.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 226.50 277.60 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 277.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 277.60 77.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 277.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 277.60 82.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 277.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 277.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 249.60 172.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 222.50 249.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 226.50 249.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 249.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 249.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 249.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 249.60 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 249.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 249.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 219.60 172.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 222.50 219.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 226.50 219.60 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 219.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 219.60 77.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 219.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 219.60 82.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 219.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 219.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 191.60 172.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 222.50 191.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 226.50 191.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 191.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 191.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.50 191.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.50 191.60 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 191.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 191.60 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 226.5 417.6 m 326.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 417.6 m 330.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 417.6 m 407.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 417.6 m 411.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 417.6 m 493.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 417.6 m 497.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 417.6 m 562.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 226.5 417.6 m 326.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 226.5 389.6 m 326.5 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 417.6 m 330.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 417.6 m 407.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 389.6 m 407.5 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407.5 417.6 m 411.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 417.6 m 493.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 389.6 m 493.5 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 417.6 m 497.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 417.6 m 562.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 389.6 m 562.5 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 219.60000000000002 m 562.5 219.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 226.5 219.60000000000002 m 326.5 219.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 219.60000000000002 m 407.5 219.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 219.60000000000002 m 493.5 219.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 219.60000000000002 m 562.5 219.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 226.5 204.60000000000002 m 326.5 204.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 226.5 206.60000000000002 m 326.5 206.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 204.60000000000002 m 407.5 204.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 206.60000000000002 m 407.5 206.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 204.60000000000002 m 493.5 204.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411.5 206.60000000000002 m 493.5 206.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 205.60000000000002 m 562.5 205.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 176.60000000000002 m 562.5 176.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 163.60000000000002 m 562.5 163.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 161.60000000000002 m 562.5 161.60000000000002 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 421.33 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 308.00 421.83 Td (Fair Value Measurements as of December 31, 2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 393.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 236.75 409.68 Td (Quoted prices in active ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 229.50 401.68 Td (markets for) Tj ET Q q 0 0 0 rg BT 269.56 401.68 Td ( identical assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.95 393.68 Td (\(Level 1\) ) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 288.94 397.31 Td (\(5\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.00 409.68 Td (Significant other) Tj ET Q q 0 0 0 rg BT 396.96 409.68 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 338.35 401.68 Td (observable inputs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 349.45 393.68 Td (\(Level 2\) ) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 381.44 397.31 Td (\(5\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.55 409.68 Td (Significant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.40 401.68 Td (unobservable inputs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.00 393.68 Td (\(Level 3\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.75 393.83 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 380.17 Td (Equities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.00 380.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.00 380.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.00 380.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.00 380.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 366.17 Td (U.S.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.00 366.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.65 366.17 Td (96) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.00 366.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.65 366.17 Td (387) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.00 366.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 366.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 366.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 366.17 Td (483) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 352.17 Td (Non-U.S.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.65 352.17 Td (143) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.65 352.17 Td (126) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 352.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 352.17 Td (269) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 338.17 Td (Fixed Income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 324.17 Td (Government debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.65 324.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.65 324.17 Td (780) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 324.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 324.17 Td (780) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 310.17 Td (Corporate debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 296.17 Td (U.S.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.65 296.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.65 296.17 Td (523) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 296.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 296.17 Td (523) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 282.17 Td (Non-U.S.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.65 282.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 282.17 Td (64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 282.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 282.17 Td (64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 268.17 Td (Asset/mortgaged backed securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.65 268.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 268.17 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 268.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 268.17 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 254.17 Td (Net cash equivalents) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 147.75 258.70 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.65 254.17 Td (33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 254.17 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 254.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 254.17 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 239.27 Td (Derivative instruments) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 144.37 243.80 Td ( \(2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.65 239.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 239.27 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 239.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 239.27 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 224.27 Td (Private equity and real estate ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 171.01 228.80 Td (\(3\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.65 224.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 224.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 224.27 Td (296) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 224.27 Td (296) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 210.17 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.00 210.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.65 210.17 Td (272) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.00 210.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 210.17 Td (1,897) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.00 210.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 210.17 Td (296) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 210.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 210.17 Td (2,465) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 196.17 Td (Pending trade/purchases/sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.00 196.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.00 196.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 196.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 196.22 Td (\(28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 196.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 181.27 Td (Accruals) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 88.54 185.80 Td (\(4\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.00 181.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.00 181.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 181.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 181.27 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.00 167.17 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.00 167.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.00 167.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.00 167.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 167.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 167.17 Td (2,445) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 50.00 155.90 Td (____________________________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 50.00 146.92 Td (\(1\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.06 143.30 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.50 143.30 Td (Cash equivalents include commercial paper) Tj ET Q q 0 0 0 rg BT 202.68 143.30 Td (, short-term government/agency) Tj ET Q q 0 0 0 rg BT 304.57 143.30 Td (, mortgage and credit instruments.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 413.88 143.30 Td ( ) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 50.00 134.33 Td (\(2\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.06 130.70 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.50 130.70 Td (Derivative instruments include interest rate swaps and credit default swaps.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 304.76 130.70 Td ( ) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 50.00 121.73 Td (\(3\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.06 118.10 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.50 118.10 Td (The instruments in private equity and real estate funds, for which quoted market prices are not available, are valued at their estimated fair value as ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.50 108.50 Td (determined by applicable investment managers or by audited financial statement of the funds.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 363.18 108.50 Td ( ) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 50.00 99.52 Td (\(4\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 56.06 95.90 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.50 95.90 Td (Interest or dividends that had not been settled as of the year ended December 31.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 321.85 95.90 Td ( ) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 50.00 86.92 Td (\(5\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.50 83.30 Td (W) Tj ET Q q 0 0 0 rg BT 70.41 83.30 Td (e revised 2013 balances to classify ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 183.26 83.30 Td ($683 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 224.38 83.30 Td ( as Level 2 assets instead of Level 1.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 189 0 obj <>] /Rotate 0 /Contents 190 0 R>> endobj 190 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (94) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 740.7669921875 m 256.6064453125 740.7669921875 l s q 0 0 0 rg BT 50.00 742.10 Td (The reconciliation of Level3 assets was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 689.60 301.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 689.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 689.60 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 689.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 689.60 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 689.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 689.60 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 663.60 301.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 663.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 663.60 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 663.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 663.60 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 663.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 663.60 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 637.60 301.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 637.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 637.60 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 637.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 637.60 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 637.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 637.60 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 611.60 301.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 611.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 611.60 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 611.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 611.60 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 611.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 611.60 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 54.50 585.60 301.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 585.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 585.60 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 585.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 585.60 63.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.50 585.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 585.60 63.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 702.6 m 422.5 702.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 702.6 m 426.5 702.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 702.6 m 489.5 702.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489.5 702.6 m 493.5 702.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 702.6 m 556.5 702.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 689.6 m 422.5 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 689.6 m 489.5 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 689.6 m 556.5 689.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 637.6 m 422.5 637.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 637.6 m 489.5 637.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 637.6 m 556.5 637.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 585.6 m 422.5 585.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 573.6 m 422.5 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 571.6 m 422.5 571.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 585.6 m 489.5 585.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 573.6 m 489.5 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 426.5 571.6 m 489.5 571.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 585.6 m 556.5 585.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 573.6 m 556.5 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 571.6 m 556.5 571.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 57.00 707.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 380.50 714.83 Td (Fair Value Measurements as of December 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.60 706.83 Td (Using Significant Unobservable Inputs \(Level 3\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 57.00 693.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 365.50 693.83 Td (Private Equity) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 438.05 693.83 Td (Real Estate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.75 693.83 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.00 680.17 Td (Balance at December 31, 2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 680.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.65 680.17 Td (156) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.00 680.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.65 680.17 Td (130) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.00 680.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.65 680.17 Td (286) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.00 667.17 Td (Actual return on plan assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.00 667.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 654.17 Td (Unrealized \(losses\) gains on assets still held at the reporting date) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 654.17 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.65 654.17 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 654.17 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 641.17 Td (Purchases, sales and settlements, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.30 641.22 Td (\(23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.65 641.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.65 641.17 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 641.22 Td (\(20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 641.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.00 628.17 Td (Balance at December 31, 2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.65 628.17 Td (153) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.65 628.17 Td (143) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.65 628.17 Td (296) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.00 615.17 Td (Actual return on plan assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 615.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.00 615.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.00 615.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 602.17 Td (Unrealized \(losses\) gains on assets still held at the reporting date) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 408.65 602.33 Td (22) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 475.65 602.33 Td (11) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 542.65 602.33 Td (33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 589.17 Td (Purchases, sales and settlements, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 405.30 589.38 Td (\(27) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 418.65 589.33 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 480.65 589.33 Td (4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 539.30 589.38 Td (\(23) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 552.65 589.33 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.00 576.17 Td (Balance at December 31, 2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 362.00 576.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 403.65 576.33 Td (148) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 429.00 576.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 470.65 576.33 Td (158) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 496.00 576.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 537.65 576.33 Td (306) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 551.7669921875 m 172.3095703125 551.7669921875 l s q 0 0 0 rg BT 50.00 553.10 Td (Fair ) Tj ET Q q 0 0 0 rg BT 68.43 553.10 Td (V) Tj ET Q q 0 0 0 rg BT 74.54 553.10 Td (alue of U.K. Plan ) Tj ET Q q 0 0 0 rg BT 146.20 553.10 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 533.10 Td (In July 2012, the U.K. pension plan purchased an insurance contract that will guarantee payment of specified pension ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 521.10 Td (liabilities. ) Tj ET Q q 0 0 0 rg BT 92.04 521.10 Td (The contract defers payment for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.81 521.10 Td (10 years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.41 521.10 Td (. ) Tj ET Q q 0 0 0 rg BT 261.23 521.10 Td (This is included in the table below in Level3 for years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 509.10 Td (December31, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 509.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.02 509.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.02 509.10 Td ( at a value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.16 509.10 Td ($462 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.55 509.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.99 509.10 Td ($440 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.38 509.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 397.05 509.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 489.10 Td (The fair values of U.K. pension plan assets by asset category were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 52.00 437.60 167.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 219.00 437.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.00 437.60 105.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.00 437.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 437.60 76.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 437.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 437.60 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.00 437.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 437.60 64.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 52.00 409.60 167.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 219.00 409.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.00 409.60 105.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.00 409.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 409.60 76.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 409.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 409.60 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.00 409.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 409.60 64.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 52.00 381.60 167.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 219.00 381.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.00 381.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.00 381.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 381.60 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 381.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 381.60 79.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.00 381.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 381.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 52.00 351.60 167.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 219.00 351.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.00 351.60 105.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.00 351.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 351.60 76.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 351.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 351.60 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.00 351.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 351.60 64.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 52.00 322.60 167.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 219.00 322.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.00 322.60 105.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.00 322.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 322.60 76.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 322.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 322.60 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.00 322.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 322.60 64.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 52.00 294.60 167.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 219.00 294.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.00 294.60 105.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.00 294.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 294.60 76.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 294.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 294.60 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.00 294.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 294.60 64.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 465.6 m 328 465.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328 465.6 m 332 465.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 465.6 m 408 465.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408 465.6 m 412 465.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412 465.6 m 491 465.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491 465.6 m 495 465.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 465.6 m 559 465.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 437.6 m 328 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 437.6 m 408 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412 437.6 m 491 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 437.6 m 559 437.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 294.6 m 328 294.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 281.6 m 328 281.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 279.6 m 328 279.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 294.6 m 408 294.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 281.6 m 408 281.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 279.6 m 408 279.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412 294.6 m 491 294.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412 281.6 m 491 281.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412 279.6 m 491 279.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 294.6 m 559 294.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 281.6 m 559 281.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 279.6 m 559 279.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.50 469.33 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 304.50 469.83 Td (Fair Value Measurements as of December 31, 2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 54.50 441.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 235.75 457.68 Td (Quoted prices in active) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 228.50 449.68 Td (markets for identical assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 260.00 441.68 Td (\(Level 1\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 341.00 457.68 Td (Significant other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.35 449.68 Td (observable inputs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.50 441.68 Td (\(Level 2\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 432.55 457.68 Td (Significant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 416.40 449.68 Td (unobservable inputs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 436.00 441.68 Td (\(Level 3\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.75 441.83 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.50 428.17 Td (Equities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.50 428.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.50 428.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.50 428.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.50 428.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 414.17 Td (U.S.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 225.50 414.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 314.15 414.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 334.50 414.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 389.15 414.28 Td (153) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 414.50 414.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 477.15 414.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 497.50 414.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 540.15 414.28 Td (153) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 400.17 Td (Non-U.S.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 314.15 400.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 389.15 400.28 Td (399) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 477.15 400.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 540.15 400.28 Td (399) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.50 386.17 Td (Fixed Income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 497.50 386.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 371.27 Td (Corporate debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.50 356.27 Td (U.S.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 314.15 356.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 389.15 356.28 Td (321) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 477.15 356.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 540.15 356.28 Td (321) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.50 342.17 Td (Non-U.S.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 314.15 342.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 389.15 342.28 Td (158) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 477.15 342.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 540.15 342.28 Td (158) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 327.27 Td (Net cash equivalents) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 149.25 331.80 Td (\(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 314.15 327.28 Td (24) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.15 327.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 477.15 327.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 545.15 327.28 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.50 313.17 Td (Re-insurance) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 314.15 313.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.15 313.28 Td (65) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 477.15 313.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 545.15 313.28 Td (65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.50 299.17 Td (Private equity) Tj ET Q q 0 0 0 rg BT 109.67 299.17 Td (, real estate& insurance) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 206.01 303.70 Td (\(2\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 314.15 299.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 394.15 299.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.15 299.28 Td (604) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 540.15 299.28 Td (604) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.50 285.17 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 225.50 285.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 314.15 285.28 Td (24) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 334.50 285.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 381.65 285.28 Td (1,096) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 414.50 285.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 472.15 285.28 Td (604) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 497.50 285.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 532.65 285.28 Td (1,724) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 52.00 227.60 167.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 219.00 227.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.00 227.60 105.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.00 227.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 227.60 76.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 227.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 227.60 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.00 227.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 227.60 64.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 52.00 199.60 167.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 219.00 199.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.00 199.60 105.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.00 199.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 199.60 76.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 199.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 199.60 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.00 199.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 199.60 64.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 52.00 171.60 167.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 219.00 171.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.00 171.60 105.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.00 171.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 171.60 76.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 171.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 171.60 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.00 171.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 171.60 64.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 52.00 142.60 167.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 219.00 142.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.00 142.60 105.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.00 142.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 142.60 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 142.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 142.60 79.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.00 142.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 142.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 52.00 113.60 167.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 219.00 113.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.00 113.60 105.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.00 113.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 113.60 76.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 113.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 113.60 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.00 113.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 113.60 64.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 52.00 84.60 167.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 219.00 84.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.00 84.60 105.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.00 84.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.00 84.60 76.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 84.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 84.60 79.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.00 84.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 84.60 64.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 256.6 m 328 256.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328 256.6 m 332 256.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 256.6 m 408 256.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408 256.6 m 412 256.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412 256.6 m 491 256.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491 256.6 m 495 256.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 256.6 m 559 256.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 227.60000000000002 m 328 227.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 227.60000000000002 m 408 227.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412 227.60000000000002 m 491 227.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 227.60000000000002 m 559 227.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 84.60000000000002 m 328 84.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 71.60000000000002 m 328 71.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 223 69.60000000000002 m 328 69.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 84.60000000000002 m 408 84.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 71.60000000000002 m 408 71.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332 69.60000000000002 m 408 69.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412 84.60000000000002 m 491 84.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412 71.60000000000002 m 491 71.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412 69.60000000000002 m 491 69.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 84.60000000000002 m 559 84.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 71.60000000000002 m 559 71.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 69.60000000000002 m 559 69.60000000000002 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.50 261.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 304.50 260.83 Td (Fair Value Measurements as of December 31, 2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 54.50 231.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 235.75 247.83 Td (Quoted prices in active) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 228.50 239.83 Td (markets for identical assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 260.00 231.83 Td (\(Level 1\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 341.00 247.83 Td (Significant other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.35 239.83 Td (observable inputs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 354.50 231.83 Td (\(Level 2\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 432.55 247.83 Td (Significant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 416.40 239.83 Td (unobservable inputs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 436.00 231.83 Td (\(Level 3\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.75 231.83 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.50 218.17 Td (Equities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.50 218.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.50 218.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.50 218.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.50 218.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 204.17 Td (U.S.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.50 204.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.15 204.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.50 204.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.15 204.17 Td (270) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.50 204.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 204.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.50 204.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.15 204.17 Td (270) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 190.17 Td (Non-U.S.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.15 190.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.15 190.17 Td (328) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 190.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.15 190.17 Td (328) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.50 176.17 Td (Fixed Income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 162.17 Td (Government debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.15 162.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.15 162.17 Td (120) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 162.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.15 162.17 Td (120) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 147.27 Td (Corporate debt non-U.S.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.15 147.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.15 147.27 Td (138) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 147.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.15 147.27 Td (138) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 132.27 Td (Net cash equivalents) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 149.25 136.80 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.15 132.27 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.15 132.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 132.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.15 132.27 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.50 118.17 Td (Derivative instruments) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 145.87 122.70 Td (\(3\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.15 118.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.15 118.17 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 118.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.15 118.17 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.50 104.17 Td (Re-insurance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.15 104.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.15 104.17 Td (66) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 104.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.15 104.17 Td (66) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.50 89.27 Td (Private equity) Tj ET Q q 0 0 0 rg BT 109.67 89.27 Td (, real estate& insurance) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 206.01 93.80 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.15 89.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.15 89.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 89.27 Td (557) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.15 89.27 Td (557) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.50 75.17 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.50 75.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.15 75.17 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.50 75.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.15 75.17 Td (946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.50 75.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 75.17 Td (557) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.50 75.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.65 75.17 Td (1,516) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 50.00 63.90 Td (_____________________________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 50.00 57.92 Td (\(1\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.50 54.30 Td (Cash equivalents include commercial paper) Tj ET Q q 0 0 0 rg BT 202.68 54.30 Td (, short-term government/agency) Tj ET Q q 0 0 0 rg BT 304.57 54.30 Td (, mortgage and credit instruments.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 413.88 54.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 191 0 obj <>] /Rotate 0 /Contents 192 0 R>> endobj 192 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (95) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 50.00 747.13 Td (\(2\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.50 743.50 Td (The instruments in private equity and real estate funds, for which quoted market prices are not available, are valued at their estimated fair value as ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.50 733.90 Td (determined by applicable investment managers or by audited financial statement of the funds.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 50.00 727.92 Td (\(3\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.50 724.30 Td (Derivative instruments consist of interest rate swaps.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 698.9669921875 m 256.6064453125 698.9669921875 l s q 0 0 0 rg BT 50.00 700.30 Td (The reconciliation of Level3 assets was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 654.80 293.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 654.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 654.80 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 654.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 654.80 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 654.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.50 654.80 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 654.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 654.80 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 626.80 293.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 626.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 626.80 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 626.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 626.80 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 626.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.50 626.80 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 626.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 626.80 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 598.80 293.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 598.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 598.80 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 598.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 598.80 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 598.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.50 598.80 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 598.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 598.80 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 570.80 293.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 570.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 570.80 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 570.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 570.80 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 570.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.50 570.80 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 570.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 570.80 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 542.80 293.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 542.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 347.50 542.80 47.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 542.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 542.80 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 542.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.50 542.80 59.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.50 542.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 542.80 47.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 668.8 m 394.5 668.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 668.8 m 398.5 668.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 668.8 m 448.5 668.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 668.8 m 452.5 668.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 668.8 m 511.5 668.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511.5 668.8 m 515.5 668.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 668.8 m 562.5 668.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 654.8 m 394.5 654.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 654.8 m 448.5 654.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 654.8 m 511.5 654.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 654.8 m 562.5 654.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 598.8 m 394.5 598.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 598.8 m 448.5 598.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 598.8 m 511.5 598.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 598.8 m 562.5 598.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 542.8 m 394.5 542.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 529.8 m 394.5 529.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 527.8 m 394.5 527.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 542.8 m 448.5 542.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 529.8 m 448.5 529.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 527.8 m 448.5 527.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 542.8 m 511.5 542.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 529.8 m 511.5 529.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 452.5 527.8 m 511.5 527.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 542.8 m 562.5 542.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 529.8 m 562.5 529.8 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515.5 527.8 m 562.5 527.8 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 673.48 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 377.50 681.03 Td (Fair Value Measurements as of December 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 372.60 673.03 Td (Using Significant Unobservable Inputs \(Level 3\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 659.03 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 353.35 659.03 Td (Insurance) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.55 659.03 Td (Real Estate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.50 659.03 Td (Private Equity) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.75 659.03 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 645.37 Td (Balance at December 31, 2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 645.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.65 645.37 Td (424) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 645.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.65 645.37 Td (34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.00 645.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 645.37 Td (28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.00 645.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 645.37 Td (486) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 631.37 Td (Actual return on plan assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 617.37 Td (Unrealized \(losses\) gains on assets still held at the reporting date) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 617.37 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.65 617.37 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.65 617.37 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 617.37 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 603.37 Td (Purchases, sales and settlements, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.30 603.42 Td (\(13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.65 603.37 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.65 603.37 Td (33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 603.37 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 603.37 Td (35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 589.37 Td (Balance at December 31, 2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.65 589.37 Td (440) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.65 589.37 Td (69) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 589.37 Td (48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 589.37 Td (557) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 575.37 Td (Actual return on plan assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 575.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 575.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.00 575.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.00 575.37 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 561.37 Td (Unrealized \(losses\) gains on assets still held at the reporting date) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 380.65 561.48 Td (42) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.30 561.53 Td (\(3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.65 561.48 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 497.65 561.48 Td (11) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 548.65 561.48 Td (50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 547.37 Td (Purchases, sales and settlements, net) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 377.30 547.53 Td (\(20) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 390.65 547.48 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 436.30 547.53 Td (\(5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 444.65 547.48 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 497.65 547.48 Td (22) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 550.30 547.53 Td (\(3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 558.65 547.48 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 533.37 Td (Balance at December 31, 2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.00 533.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 375.65 533.48 Td (462) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.00 533.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.65 533.48 Td (61) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.00 533.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 497.65 533.48 Td (81) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 518.00 533.48 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 543.65 533.48 Td (604) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 507.9669921875 m 108.3251953125 507.9669921875 l s q 0 0 0 rg BT 50.00 509.30 Td (Level3 ) Tj ET Q q 0 0 0 rg BT 82.21 509.30 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 489.30 Td (The investments in an insurance contract, private equity and real estate funds, for which quoted market prices are not available, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 477.30 Td (are valued at their estimated fair value as determined by applicable investment managers or by quarterly financial statements of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 465.30 Td (the funds. ) Tj ET Q q 0 0 0 rg BT 91.76 465.30 Td (These financial statements are audited at least annually) Tj ET Q q 0 0 0 rg BT 311.29 465.30 Td (. In conjunction with our investment consultant, we monitor ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 453.30 Td (the fair value of the insurance contract as periodically reported by our insurer and their counterparty risk. ) Tj ET Q q 0 0 0 rg BT 472.43 453.30 Td (The fair value of all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 441.30 Td (real estate properties, held in the partnerships, are valued at least once per year by an independent professional real estate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 429.30 Td (valuation firm. Fair value generally represents the fund's proportionate share of the net assets of the investment partnerships as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 417.30 Td (reported by the general partners of the underlying partnerships. Some securities with no readily available market are initially ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 405.30 Td (valued at cost, utilizing independent professional valuation firms as well as market comparisons with subsequent adjustments to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 393.30 Td (values which reflect either the basis of meaningful third-party transactions in the private market or the fair value deemed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 381.30 Td (appropriate by the general partners of the underlying investment partnerships. In such instances, consideration is also given to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 369.30 Td (the financial condition and operating results of the issuer) Tj ET Q q 0 0 0 rg BT 276.76 369.30 Td (, the amount that the investment partnerships can reasonably expect to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 357.30 Td (realize upon the sale of the securities and any other factors deemed relevant. ) Tj ET Q q 0 0 0 rg BT 357.46 357.30 Td (The estimated fair values are subject to uncertainty ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 345.30 Td (and therefore may dif) Tj ET Q q 0 0 0 rg BT 136.17 345.30 Td (fer from the values that would have been used had a ready market for such investments existed and such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 333.30 Td (dif) Tj ET Q q 0 0 0 rg BT 60.93 333.30 Td (ferences could be material.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 313.30 Td (Estimated Future Contributions and Benefit Payments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 293.30 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 293.30 Td (e plan to contribute approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.87 293.30 Td ($175 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.26 293.30 Td ( to our defined benefit pension plans in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.12 293.30 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.12 293.30 Td (. ) Tj ET Q q 0 0 0 rg BT 433.94 293.30 Td (The table below presents ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 281.30 Td (expected future benefit payments under our pension plans:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 89.50 244.80 156.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 245.50 244.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 249.50 244.80 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.50 244.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.50 244.80 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 244.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 337.50 244.80 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 244.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 244.80 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.50 244.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.50 244.80 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 465.50 244.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 244.80 52.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249.5 257.79999999999995 m 289.5 257.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 289.5 257.79999999999995 m 293.5 257.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293.5 257.79999999999995 m 333.5 257.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 257.79999999999995 m 337.5 257.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 257.79999999999995 m 377.5 257.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 257.79999999999995 m 381.5 257.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 257.79999999999995 m 421.5 257.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421.5 257.79999999999995 m 425.5 257.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 257.79999999999995 m 465.5 257.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 465.5 257.79999999999995 m 469.5 257.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 257.79999999999995 m 521.5 257.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 249.5 244.79999999999995 m 289.5 244.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293.5 244.79999999999995 m 333.5 244.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 337.5 244.79999999999995 m 377.5 244.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 381.5 244.79999999999995 m 421.5 244.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425.5 244.79999999999995 m 465.5 244.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 469.5 244.79999999999995 m 521.5 244.79999999999995 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 92.00 261.53 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.40 262.03 Td (Qualified and Non-Qualified Pension Plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 92.00 249.03 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 261.00 249.03 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 305.00 249.03 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 349.00 249.03 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.00 249.03 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.00 249.03 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 475.65 249.03 Td (2020 - 2024) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.00 235.37 Td (Expected benefit payments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.00 235.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.65 235.37 Td (231) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.00 235.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.65 235.37 Td (232) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.00 235.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.65 235.37 Td (238) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.00 235.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.65 235.37 Td (243) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.00 235.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.65 235.37 Td (247) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.00 235.37 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.15 235.37 Td (1,283) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 211.30 Td (Other Pension Plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 191.30 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 191.30 Td (e also sponsor defined contribution plans for certain hourly and salaried employees. Our contributions to these plans were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 179.30 Td ($73 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.39 179.30 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.39 179.30 Td ($66 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.78 179.30 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.22 179.30 Td ($74 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.61 179.30 Td ( for the years ended December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.55 179.30 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.55 179.30 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.55 179.30 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.55 179.30 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.99 179.30 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.99 179.30 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 159.30 Td (Other) Tj ET Q q 0 0 0 rg BT 75.37 159.30 Td ( Postr) Tj ET Q q 0 0 0 rg BT 100.45 159.30 Td (etir) Tj ET Q q 0 0 0 rg BT 115.26 159.30 Td (ement Benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 139.30 Td (Our other postretirement benefit plans provide various health care and life insurance benefits to eligible employees, who retire ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 127.30 Td (and satisfy certain age and service requirements, and their dependents. ) Tj ET Q q 0 0 0 rg BT 334.15 127.30 Td (The plans are contributory and contain cost-sharing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 115.30 Td (features such as caps, deductibles, coinsurance and spousal contributions. Employer contributions are limited by formulas in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 103.30 Td (each plan. Retiree contributions for health care benefits are adjusted annually and we reserve the right to change benefits ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 91.30 Td (covered under these plans. ) Tj ET Q q 0 0 0 rg BT 158.39 91.30 Td (There were no plan assets for the postretirement benefit plans as our policy is to fund benefits and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 79.30 Td (expenses for these plans as claims and premiums are incurred.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 193 0 obj <>] /Rotate 0 /Contents 194 0 R>> endobj 194 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (96) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Obligations and Funded Status) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (Benefit obligation balances presented below reflect the accumulated postretirement benefit obligations \(APBO\) for our other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (postretirement benefit plans. ) Tj ET Q q 0 0 0 rg BT 166.45 710.25 Td (The changes in the benefit obligations, the funded status of the plans and the amounts recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (in our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 76.11 698.25 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.75 698.25 Td ( for our significant other postretirement benefit plans were as follows: ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 94.00 674.75 327.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 674.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 674.75 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.00 674.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.00 674.75 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 94.00 644.75 327.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 644.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 644.75 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.00 644.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.00 644.75 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 94.00 614.75 327.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 614.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 614.75 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.00 614.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.00 614.75 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 94.00 584.75 327.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 584.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 584.75 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.00 584.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.00 584.75 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 94.00 559.75 327.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 559.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 559.75 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.00 559.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.00 559.75 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 94.00 534.75 327.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 534.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 534.75 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.00 534.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.00 534.75 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 94.00 504.75 327.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 504.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 504.75 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.00 504.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.00 504.75 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 94.00 474.75 327.00 -10.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 474.75 4.00 -10.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 474.75 44.00 -10.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.00 474.75 4.00 -10.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.00 474.75 44.00 -10.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 94.00 449.75 327.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 449.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 449.75 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.00 449.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.00 449.75 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 94.00 419.75 327.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 419.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 425.00 419.75 44.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.00 419.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.00 419.75 44.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 674.75 m 469 674.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 674.75 m 517 674.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 584.75 m 469 584.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 570.75 m 469 570.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 568.75 m 469 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 584.75 m 517 584.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 570.75 m 517 570.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 568.75 m 517 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 543.75 m 469 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 545.75 m 469 545.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 543.75 m 517 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 545.75 m 517 545.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 489.75 m 469 489.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 489.75 m 517 489.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 473.75 m 469 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 475.75 m 469 475.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 473.75 m 517 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 475.75 m 517 475.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 419.75 m 469 419.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 405.75 m 469 405.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 425 403.75 m 469 403.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 419.75 m 517 419.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 405.75 m 517 405.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 403.75 m 517 403.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 96.50 678.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 438.50 678.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 486.50 678.98 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.50 664.42 Td (Change in benefit obligation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.50 664.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.50 664.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.50 649.42 Td (Benefit obligation at the beginning of the year) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.50 649.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 649.43 Td (398) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.50 649.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 649.42 Td (478) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.50 634.42 Td (Interest cost) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.15 634.43 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.15 634.42 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.50 619.42 Td (Plan participants' contributions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.15 619.43 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.15 619.42 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.50 604.42 Td (Actuarial loss \(gain\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.15 604.43 Td (38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.80 604.47 Td (\(49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.15 604.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.50 589.42 Td (Benefits paid directly by employer) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.80 589.48 Td (\(55) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.15 589.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.80 589.47 Td (\(58) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.15 589.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.50 574.42 Td (Benefit obligation at end of year) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.50 574.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 450.15 574.43 Td (408) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.50 574.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.15 574.42 Td (398) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.50 549.42 Td (Funded status at end of year) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.50 549.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.80 549.48 Td (\(408) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.15 549.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.50 549.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.80 549.47 Td (\(398) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.15 549.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.50 524.42 Td (Amounts recognized in consolidated balance sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.50 524.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.50 524.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.50 509.42 Td (Accrued compensation, benefits and retirement costs - current liabilities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.50 509.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 451.80 509.48 Td (\(39) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.15 509.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.50 509.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.80 509.47 Td (\(42) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.15 509.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.50 494.42 Td (Postretirement benefits other than pensions-long-term liabilities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.80 494.48 Td (\(369) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.15 494.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.80 494.47 Td (\(356) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.15 494.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.50 479.42 Td (Net amount recognized) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.50 479.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 446.80 479.48 Td (\(408) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.15 479.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.50 479.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.80 479.47 Td (\(398) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.15 479.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.50 454.42 Td (Amounts recognized in accumulated other comprehensive loss consist of:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.50 454.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.50 454.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.50 439.42 Td (Net actuarial loss) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.50 439.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.15 439.43 Td (65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.50 439.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.15 439.42 Td (27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.50 424.42 Td (Prior service credit) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 456.80 424.48 Td (\(5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 465.15 424.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.80 424.47 Td (\(5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.15 424.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.50 409.42 Td (Net amount recognized) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.50 409.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 455.15 409.43 Td (60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.50 409.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.15 409.42 Td (22) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 385.25 Td (In addition to the other postretirement plans in the above table, we also maintain less significant postretirement plans in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.43 385.25 Td (four) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.09 385.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 373.25 Td (other countries outside the U.S. that comprise less than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.46 373.25 Td (7 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.38 373.25 Td ( of our postretirement obligations. ) Tj ET Q q 0 0 0 rg BT 448.06 373.25 Td (These plans are reflected in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 361.25 Td ("Other liabilities and deferred revenue" in our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 236.15 361.25 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.79 361.25 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 341.25 Td (Components of Net Periodic Other Postretirement Benefits Cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 321.25 Td (The following table presents the net periodic other postretirement benefits cost under our plans:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 127.00 297.75 225.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.00 297.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 297.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.00 297.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.00 297.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.00 297.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 297.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 127.00 269.75 225.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.00 269.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 269.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.00 269.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.00 269.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.00 269.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 269.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 127.00 241.75 225.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.00 241.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 241.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.00 241.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.00 241.75 40.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 440.00 241.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 241.75 40.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356 297.75 m 396 297.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400 297.75 m 440 297.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 297.75 m 484 297.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356 241.75 m 396 241.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356 228.75 m 396 228.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356 226.75 m 396 226.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400 241.75 m 440 241.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400 228.75 m 440 228.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 400 226.75 m 440 226.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 241.75 m 484 241.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 228.75 m 484 228.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 226.75 m 484 226.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 129.50 301.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 367.50 301.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.50 301.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 455.50 301.98 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.50 288.32 Td (Interest cost) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 358.50 288.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.15 288.43 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.50 288.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 288.32 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.50 288.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.15 288.32 Td (21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.50 274.32 Td (Amortization of prior service credit) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.15 274.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 274.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.80 274.37 Td (\(5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.15 274.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.50 260.32 Td (Recognized net actuarial loss) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.15 260.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.15 260.32 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.15 260.32 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.50 246.32 Td (Other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.15 246.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 246.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.15 246.32 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.50 232.32 Td (Net periodic other postretirement benefit cost) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 358.50 232.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 382.15 232.43 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.50 232.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 232.32 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.50 232.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.15 232.32 Td (20) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 208.25 Td (Other changes in benefit obligations recognized in other comprehensive income in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.39 208.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.39 208.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.39 208.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.39 208.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.83 208.25 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.83 208.25 Td ( were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 184.75 389.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 184.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 184.75 37.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 184.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 184.75 37.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 184.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 524.50 184.75 37.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 156.75 389.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 156.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 156.75 37.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 156.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 156.75 37.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 156.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 524.50 156.75 37.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 128.75 389.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 128.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 128.75 37.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 128.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 128.75 37.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 128.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 524.50 128.75 37.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 99.75 389.00 -10.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 99.75 4.00 -10.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 99.75 37.00 -10.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 99.75 4.00 -10.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 483.50 99.75 37.00 -10.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 520.50 99.75 4.00 -10.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 524.50 99.75 37.00 -10.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 184.75 m 479.5 184.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 184.75 m 520.5 184.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 524.5 184.75 m 561.5 184.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 114.75 m 479.5 114.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 114.75 m 520.5 114.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 524.5 114.75 m 561.5 114.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 98.75 m 479.5 98.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 100.75 m 479.5 100.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 98.75 m 520.5 98.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 100.75 m 520.5 100.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 524.5 98.75 m 561.5 98.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 524.5 100.75 m 561.5 100.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 76.75 m 479.5 76.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 74.75 m 479.5 74.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 76.75 m 520.5 76.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 483.5 74.75 m 520.5 74.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 524.5 76.75 m 561.5 76.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 524.5 74.75 m 561.5 74.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.00 188.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.50 188.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 493.50 188.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 534.50 188.98 Td (2012) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 52.00 175.31 Td (Amortization of prior service credit) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 445.00 175.32 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 466.30 175.32 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 486.00 175.31 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 507.30 175.31 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 527.00 175.31 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 553.05 175.31 Td (5) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 52.00 161.31 Td (Recognized actuarial loss) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 466.30 161.32 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 508.85 161.31 Td (\(6) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 516.80 161.31 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 549.85 161.31 Td (\(3) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 557.80 161.31 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 52.00 147.31 Td (Incurred actuarial \(gain\) loss) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 466.30 147.32 Td (38) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 504.10 147.31 Td (\(49) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 516.80 147.31 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 548.30 147.31 Td (20) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 52.00 133.31 Td (Incurred prior service credit) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 466.30 133.32 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 507.30 133.31 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 549.85 133.31 Td (\(4) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 557.80 133.31 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 52.00 119.31 Td (Other) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 466.30 119.32 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 507.30 119.31 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 549.85 119.31 Td (\(1) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 557.80 119.31 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 64.00 104.31 Td (Total recognized in other comprehensive income) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 445.00 104.32 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 466.30 104.32 Td (38) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 486.00 104.31 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 504.10 104.31 Td (\(55) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 516.80 104.31 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 527.00 104.31 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 548.30 104.31 Td (17) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 52.00 80.31 Td (Total recognized in net periodic other postretirement benefit cost and other comprehensive income) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 445.00 80.32 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 466.30 80.32 Td (55) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 486.00 80.31 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 504.10 80.31 Td (\(32) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 516.80 80.31 Td (\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 527.00 80.31 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 548.30 80.31 Td (37) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 195 0 obj <>] /Rotate 0 /Contents 196 0 R>> endobj 196 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (97) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (The amount in accumulated other comprehensive loss expected to be recognized as a component of net periodic other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (postretirement benefit cost during the next fiscal year is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.21 730.10 Td ($5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.60 730.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 710.10 Td (Assumptions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 690.10 Td (The table below presents assumptions used in determining the other postretirement benefit obligation for each year and reflects ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 678.10 Td (weighted-average percentages for our other postretirement plans as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 206.50 654.60 118.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 654.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.50 654.60 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.50 654.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 654.60 36.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 654.6 m 364.5 654.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 654.6 m 404.5 654.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 338.00 658.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 378.00 658.83 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.00 645.17 Td (Discount rate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 336.50 645.28 Td (3.90) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 354.00 645.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.10 645.17 Td (4.55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.65 645.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 621.10 Td (The table below presents assumptions used in determining the net periodic other postretirement benefits cost and reflects ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 609.10 Td (weighted-average percentages for the various plans as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 185.50 586.60 120.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 305.50 586.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.50 586.60 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.50 586.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 586.60 36.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 586.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 586.60 36.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309.5 586.6 m 345.5 586.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349.5 586.6 m 385.5 586.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 586.6 m 425.5 586.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 319.00 590.68 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.00 590.68 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 399.00 590.68 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.00 577.17 Td (Discount rate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 317.50 577.28 Td (4.55) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 335.00 577.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.10 577.17 Td (3.70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 577.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.10 577.17 Td (4.70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.65 577.17 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 553.10 Td (Our consolidated other postretirement benefit obligation is determined by application of the terms of health care and life ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 541.10 Td (insurance plans, together with relevant actuarial assumptions and health care cost trend rates. For measurement purposes, a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.28 541.10 Td (7.00 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 529.10 Td (percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.42 529.10 Td ( annual rate of increase in the per capita cost of covered health care benefits was assumed in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.37 529.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.37 529.10 Td (. ) Tj ET Q q 0 0 0 rg BT 475.19 529.10 Td (The rate is assumed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 517.10 Td (to decrease on a linear basis to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.67 517.10 Td (5.00 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.10 517.10 Td ( through 2019 and remain at that level thereafter) Tj ET Q q 0 0 0 rg BT 416.80 517.10 Td (. ) Tj ET Q q 0 0 0 rg BT 421.25 517.10 Td (An increase in the health care cost ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 505.10 Td (trends of 1percent would increase our ) Tj ET Q q 0 0 0 rg BT 205.22 505.10 Td (APBO by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.90 505.10 Td ($22 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.29 505.10 Td ( as of December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.04 505.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.04 505.10 Td ( and the net periodic other postretirement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 493.10 Td (benefit cost for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.03 493.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.03 493.10 Td ( by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.03 493.10 Td ($1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.42 493.10 Td (. ) Tj ET Q q 0 0 0 rg BT 193.87 493.10 Td (A) Tj ET Q q 0 0 0 rg BT 200.54 493.10 Td ( decrease in the health care cost trends of 1percent would decrease our ) Tj ET Q q 0 0 0 rg BT 486.52 493.10 Td (APBO by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.20 493.10 Td ($18 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 481.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 481.10 Td ( as of December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.64 481.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.64 481.10 Td ( and the net periodic other postretirement benefit cost for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.11 481.10 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.11 481.10 Td ( by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.11 481.10 Td ($1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.50 481.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 461.10 Td (Estimated Benefit Payments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 441.10 Td (The table below presents expected benefit payments under our other postretirement benefit plans:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 121.50 417.60 148.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.50 417.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 417.60 34.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 307.50 417.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 417.60 33.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 417.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 417.60 33.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 381.50 417.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 417.60 33.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 417.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 417.60 34.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 417.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.50 417.60 53.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 417.6 m 307.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 417.6 m 344.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 417.6 m 381.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 417.6 m 418.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 417.6 m 456.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 417.6 m 513.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 417.6 m 307.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 417.6 m 344.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 417.6 m 381.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 417.6 m 418.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 417.6 m 456.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 417.6 m 513.5 417.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 124.00 421.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 282.00 421.83 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 319.50 421.83 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 356.50 421.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.50 421.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 431.00 421.83 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.15 421.83 Td (2020 - 2024) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.00 407.27 Td (Expected benefit payments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.00 407.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.65 407.27 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.00 407.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.65 407.27 Td (38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.00 407.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.65 407.27 Td (36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.00 407.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.65 407.27 Td (33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.00 407.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.65 407.27 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.00 407.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 407.27 Td (134) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 383.10 Td (NOTE 12. OTHER LIABILITIES ) Tj ET Q q 0 0 0 rg BT 200.61 383.10 Td (AND DEFERRED REVENUE) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 331.17 383.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 363.10 Td (Other liabilities and deferred revenue included the following:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 138.50 326.60 228.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 366.50 326.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 326.60 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 326.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 326.60 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 138.50 298.60 228.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 366.50 298.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 298.60 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 298.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 298.60 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 138.50 270.60 228.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 366.50 270.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 270.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 270.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 270.60 49.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 339.6 m 419.5 339.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419.5 339.6 m 423.5 339.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 339.6 m 472.5 339.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 326.6 m 419.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 326.6 m 472.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 326.6 m 419.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 270.6 m 419.5 270.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 256.6 m 419.5 256.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 254.60000000000002 m 419.5 254.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 270.6 m 472.5 270.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 256.6 m 472.5 256.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 254.60000000000002 m 472.5 254.60000000000002 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 141.00 343.33 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.75 343.83 Td (December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 141.00 330.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.50 330.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 439.50 330.83 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.00 317.17 Td (Deferred revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 373.00 317.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 317.28 Td (513) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.00 317.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.65 317.17 Td (414) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.00 303.17 Td (Accrued warranty) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 303.28 Td (312) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.65 303.17 Td (275) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.00 289.17 Td (Accrued compensation) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 289.28 Td (215) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.65 289.17 Td (184) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.00 275.17 Td (Other long-term liabilities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 400.65 275.28 Td (375) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.65 275.17 Td (357) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.00 260.27 Td (Other liabilities and deferred revenue) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 373.00 260.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 393.15 260.28 Td (1,415) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.00 260.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.15 260.27 Td (1,230) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 224.10 Td (NOTE 13. COMMITMENTS ) Tj ET Q q 0 0 0 rg BT 180.29 224.10 Td (AND CONTINGENCIES) Tj ET Q BT /F2 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 204.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 204.10 Td (e are subject to numerous lawsuits and claims arising out of the ordinary course of our business, including actions related to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 192.10 Td (product liability; personal injury; the use and performance of our products; warranty matters; patent, trademark or other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 180.10 Td (intellectual property infringement; contractual liability; the conduct of our business; tax reporting in foreign jurisdictions; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 168.10 Td (distributor termination; workplace safety; and environmental matters. ) Tj ET Q q 0 0 0 rg BT 330.29 168.10 Td (W) Tj ET Q q 0 0 0 rg BT 338.93 168.10 Td (e also have been identified as a potentially responsible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 156.10 Td (party at multiple waste disposal sites under U.S. federal and related state environmental statutes and regulations and may have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 144.10 Td (joint and several liability for any investigation and remediation costs incurred with respect to such sites.) Tj ET Q q 0 0 0 rg BT 467.77 144.10 Td (W) Tj ET Q q 0 0 0 rg BT 476.41 144.10 Td (e have denied ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 132.10 Td (liability with respect to many of these lawsuits, claims and proceedings and are vigorously defending such lawsuits, claims and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 120.10 Td (proceedings.) Tj ET Q q 0 0 0 rg BT 103.13 120.10 Td (W) Tj ET Q q 0 0 0 rg BT 111.77 120.10 Td (e carry various forms of commercial, property and casualty) Tj ET Q q 0 0 0 rg BT 347.97 120.10 Td (, product liability and other forms of insurance; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 108.10 Td (however) Tj ET Q q 0 0 0 rg BT 84.03 108.10 Td (, such insurance may not be applicable or adequate to cover the costs associated with a judgment against us with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 96.10 Td (respect to these lawsuits, claims and proceedings.) Tj ET Q q 0 0 0 rg BT 250.60 96.10 Td (W) Tj ET Q q 0 0 0 rg BT 259.23 96.10 Td (e do not believe that these lawsuits are material individually or in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 84.10 Td (aggregate. ) Tj ET Q q 0 0 0 rg BT 93.68 84.10 Td (While we believe we have also established adequate accruals for our expected future liability with respect to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 72.10 Td (pending lawsuits, claims and proceedings, where the nature and extent of any such liability can be reasonably estimated based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 60.10 Td (upon then presently available information, there can be no assurance that the final resolution of any existing or future lawsuits, ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 197 0 obj <>] /Rotate 0 /Contents 198 0 R>> endobj 198 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (98) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (claims or proceedings will not have a material adverse ef) Tj ET Q q 0 0 0 rg BT 277.78 742.10 Td (fect on our business, results of operations, financial condition or cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (flows.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.72 730.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 710.10 Td (e conduct significant business operations in Brazil that are subject to the Brazilian federal, state and local labor) Tj ET Q q 0 0 0 rg BT 501.97 710.10 Td (, social ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.10 Td (security) Tj ET Q q 0 0 0 rg BT 81.01 698.10 Td (, tax and customs laws.) Tj ET Q q 0 0 0 rg BT 176.09 698.10 Td (While we believe we comply with such laws, they are complex, subject to varying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 686.10 Td (interpretations and we are often engaged in litigation regarding the application of these laws to particular circumstances.) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 666.10 Td (U.S. Distributor) Tj ET Q q 0 0 0 rg BT 118.43 666.10 Td ( Commitments) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 181.47 666.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (Our distribution agreements with independent and partially-owned distributors generally have a renewable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.25 646.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.75 646.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.74 646.10 Td (-year term and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (are restricted to specified territories.Our distributors develop and maintain a network of dealers with which we have no direct ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (relationship. Our distributors are permitted to sell other) Tj ET Q q 0 0 0 rg BT 270.66 622.10 Td (, noncompetitive products only with our consent. ) Tj ET Q q 0 0 0 rg BT 469.06 622.10 Td (W) Tj ET Q q 0 0 0 rg BT 477.70 622.10 Td (e license all of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (distributors to use our name and logo in connection with the sale and service of our products, with no right to assign or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (sublicense the trademarks, except to authorized dealers, without our consent. Products are sold to the distributors at standard ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (domestic or international distributor net prices, as applicable. Net prices are wholesale prices we establish to permit our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (distributors an adequate mar) Tj ET Q q 0 0 0 rg BT 163.39 574.10 Td (gin on their sales.Subject to local laws, we can generally refuse to renew these agreements upon ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (expiration or terminate them upon written notice for inadequate sales, change in principal ownership and certain other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (reasons.Distributors also have the right to terminate the agreements upon) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.64 550.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.14 550.10 Td (60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.14 550.10 Td (-day notice without cause, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.44 550.10 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.44 550.10 Td (-day notice for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (cause.Upon termination or failure to renew) Tj ET Q q 0 0 0 rg BT 224.01 538.10 Td (, we are required to purchase the distributor) Tj ET Q q 0 0 0 rg BT 398.76 538.10 Td () Tj ET Q q 0 0 0 rg BT 401.54 538.10 Td (s current inventory) Tj ET Q q 0 0 0 rg BT 476.42 538.10 Td (, signage and special ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (tools and may) Tj ET Q q 0 0 0 rg BT 105.45 526.10 Td (, at our option purchase other assets of the distributor) Tj ET Q q 0 0 0 rg BT 317.78 526.10 Td (, but are under no obligation to do so.) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 506.10 Td (Other) Tj ET Q q 0 0 0 rg BT 75.37 506.10 Td ( Guarantees and Commitments) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 208.97 506.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 486.10 Td (In addition to the matters discussed above, from time to time we enter into other guarantee arrangements, including guarantees ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 474.10 Td (of non-U.S. distributor financings, residual value guarantees on equipment under operating leases and other miscellaneous ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 462.10 Td (guarantees of third-party obligations.) Tj ET Q q 0 0 0 rg BT 200.24 462.10 Td (As of December 31, 2014, the maximum potential loss related to these other guarantees ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 450.10 Td (was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.05 450.10 Td ($5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.44 450.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.94 450.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.44 450.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 430.10 Td (e have arrangements with certain suppliers that require us to purchase minimum volumes or be subject to monetary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (penalties.) Tj ET Q q 0 0 0 rg BT 90.36 418.10 Td (The penalty amounts are less than our purchase commitments and essentially allow the supplier to recover their ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (tooling costs in most instances.) Tj ET Q q 0 0 0 rg BT 176.67 406.10 Td (As of December 31, 2014, if we were to stop purchasing from each of these suppliers, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (aggregate amount of the penalty would be approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.04 394.10 Td ($79 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.43 394.10 Td (, of which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.20 394.10 Td ($41 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.59 394.10 Td ( relates to a contract with an engine ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (parts supplier that extends to 2016.) Tj ET Q q 0 0 0 rg BT 192.29 382.10 Td (These arrangements enable us to secure critical components.) Tj ET Q q 0 0 0 rg BT 436.74 382.10 Td (W) Tj ET Q q 0 0 0 rg BT 445.38 382.10 Td (e do not currently anticipate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (paying any penalties under these contracts.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 350.10 Td (During the second quarter of 2014, we began entering into physical forward contracts with suppliers of platinum and palladium ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 338.10 Td (to purchase minimum volumes of the commodities at contractually stated prices for various periods, not to exceed) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.26 338.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.76 338.10 Td (two) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.76 338.10 Td ( years. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 326.10 Td (As of December 31, 2014, the total commitments under these contracts were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.79 326.10 Td ($96 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.19 326.10 Td (. ) Tj ET Q q 0 0 0 rg BT 410.00 326.10 Td (These arrangements enable us to fix ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 314.10 Td (the prices of these commodities, which otherwise are subject to market volatility) Tj ET Q q 0 0 0 rg BT 371.48 314.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.98 314.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 294.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 294.10 Td (e have guarantees with certain customers that require us to satisfactorily honor contractual or regulatory obligations, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 282.10 Td (compensate for monetary losses related to nonperformance. ) Tj ET Q q 0 0 0 rg BT 290.84 282.10 Td (These performance bonds and other performance-related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 270.10 Td (guarantees were) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.68 270.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.18 270.10 Td ($76 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.57 270.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.01 270.10 Td ($66 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.40 270.10 Td ( as of December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.15 270.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.15 270.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.59 270.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.59 270.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 424.25 270.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (Indemnifications) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 230.10 Td (Periodically) Tj ET Q q 0 0 0 rg BT 97.67 230.10 Td (, we enter into various contractual arrangements where we agree to indemnify a third-party against certain types of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 218.10 Td (losses.Common types of indemnities include:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.43 218.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 198.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 198.10 Td (product liability and license, patent or trademark indemnifications;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.14 198.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 180.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 180.10 Td (asset sale agreements where we agree to indemnify the purchaser against future environmental exposures related to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 168.10 Td (asset sold; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.33 168.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 150.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 150.10 Td (any contractual agreement where we agree to indemnify the counter) Tj ET Q q 0 0 0 rg BT 357.62 150.10 Td (-party for losses suf) Tj ET Q q 0 0 0 rg BT 436.59 150.10 Td (fered as a result of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 138.10 Td (misrepresentation in the contract.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.29 138.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 118.10 Td (e regularly evaluate the probability of having to incur costs associated with these indemnities and accrue for expected losses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (that are probable.Because the indemnifications are not related to specified known liabilities and due to their uncertain nature, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td (we are unable to estimate the maximum amount of the potential loss associated with these indemnifications.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 199 0 obj <>] /Rotate 0 /Contents 200 0 R>> endobj 200 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (99) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Leases) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 722.25 Td (e lease certain manufacturing equipment, facilities, warehouses, of) Tj ET Q q 0 0 0 rg BT 325.01 722.25 Td (fice space and equipment, aircraft and automobiles for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (varying periods under lease agreements. Most of the leases are non-cancelable operating leases with fixed rental payments, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (expire over the next ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.19 698.25 Td (10 years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.79 698.25 Td ( and contain renewal provisions. Rent expense under these leases was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 169.50 658.75 128.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.50 658.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 301.50 658.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.50 658.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.50 658.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 658.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 658.75 44.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 671.75 m 345.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345.5 671.75 m 349.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349.5 671.75 m 393.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 671.75 m 397.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 671.75 m 441.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 301.5 658.75 m 345.5 658.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349.5 658.75 m 393.5 658.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 658.75 m 441.5 658.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 172.00 675.48 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 325.95 675.98 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 172.00 662.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 315.00 662.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 363.00 662.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.00 662.98 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.00 649.32 Td (Rent expense) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 304.00 649.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 326.65 649.43 Td (195) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.00 649.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.65 649.32 Td (186) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.00 649.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 649.32 Td (176) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 625.25 Td (The following is a summary of the leased property under capital leases by major classes:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 172.50 587.75 170.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 587.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 587.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 587.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 587.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 172.50 559.75 170.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 559.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 559.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 559.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 559.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 172.50 531.75 170.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 531.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 346.50 531.75 44.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 531.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 531.75 44.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 600.75 m 390.5 600.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390.5 600.75 m 394.5 600.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 600.75 m 438.5 600.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 587.75 m 390.5 587.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 587.75 m 438.5 587.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 531.75 m 390.5 531.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 518.75 m 390.5 518.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 346.5 516.75 m 390.5 516.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 531.75 m 438.5 531.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 518.75 m 438.5 518.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 516.75 m 438.5 516.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 175.00 605.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 368.75 604.98 Td (December 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 175.00 591.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 360.00 591.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.00 591.98 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.00 578.32 Td (Building) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 349.00 578.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 371.65 578.43 Td (105) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.00 578.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.65 578.32 Td (103) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.00 564.32 Td (Equipment) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 376.65 564.43 Td (98) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.65 564.32 Td (97) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.00 550.32 Td (Other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 376.65 550.43 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.65 550.32 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.00 536.32 Td (Less: Accumulated depreciation) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 368.30 536.43 Td (\(105) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.65 536.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.30 536.37 Td (\(96) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.65 536.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.00 522.32 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 349.00 522.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 371.65 522.43 Td (113) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.00 522.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.65 522.32 Td (120) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 498.25 Td (Following is a summary of the future minimum lease payments due under capital and operating leases, including leases in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 486.25 Td (rental business, with terms of more than one year at December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.69 486.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.69 486.25 Td (, together with the net present value of the minimum ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 474.25 Td (payments due under capital leases:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 114.00 450.75 224.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.00 450.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.00 450.75 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.00 450.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.00 450.75 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 114.00 420.75 224.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.00 420.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.00 420.75 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.00 420.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.00 420.75 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 114.00 390.75 224.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.00 390.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.00 390.75 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.00 390.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.00 390.75 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 114.00 360.75 224.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.00 360.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.00 360.75 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.00 360.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.00 360.75 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 114.00 330.75 224.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.00 330.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.00 330.75 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.00 330.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.00 330.75 78.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 450.75 m 415 450.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 450.75 m 497 450.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 360.75 m 415 360.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 360.75 m 497 360.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 330.75 m 415 330.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 316.75 m 415 316.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342 314.75 m 415 314.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 116.50 454.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 353.00 454.98 Td (Capital Leases) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.60 454.98 Td (Operating Leases) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.50 440.42 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.50 440.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.15 440.42 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 440.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.15 440.42 Td (152) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.50 425.42 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.15 425.42 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.15 425.42 Td (119) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.50 410.42 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.15 410.42 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.15 410.42 Td (104) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.50 395.42 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.15 395.42 Td (11) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.15 395.42 Td (81) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.50 380.42 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 380.42 Td (8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.15 380.42 Td (71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.50 365.42 Td (After 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.15 365.42 Td (41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.15 365.42 Td (105) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.50 350.42 Td (Total minimum lease payments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.50 350.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 350.42 Td (118) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 350.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.15 350.42 Td (632) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.50 335.42 Td (Interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.80 335.47 Td (\(31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 335.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.50 335.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.50 320.42 Td (Present value of net minimum lease payments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.50 320.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.15 320.42 Td (87) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.50 320.42 Td () Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 296.25 Td (In addition, we have subleased certain facilities under operating leases to third parties. ) Tj ET Q q 0 0 0 rg BT 397.20 296.25 Td (The future minimum lease payments due ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 284.25 Td (from lessees under those arrangements are less than) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.87 284.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.37 284.25 Td ($2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.76 284.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.26 284.25 Td (per year for the years 2015 through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.82 284.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.82 284.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 256.25 Td (NOTE 14. SHAREHOLDERS' EQUITY) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 226.05 256.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 236.25 Td (Pr) Tj ET Q q 0 0 0 rg BT 60.37 236.25 Td (eferr) Tj ET Q q 0 0 0 rg BT 81.27 236.25 Td (ed and Pr) Tj ET Q q 0 0 0 rg BT 122.76 236.25 Td (efer) Tj ET Q q 0 0 0 rg BT 139.22 236.25 Td (ence Stock) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 216.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 216.25 Td (e are authorized to issue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.76 216.25 Td (one million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.59 216.25 Td ( shares each of zero par value preferred and preference stock with preferred shares being ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 204.25 Td (senior to preference shares. ) Tj ET Q q 0 0 0 rg BT 161.71 204.25 Td (W) Tj ET Q q 0 0 0 rg BT 170.35 204.25 Td (e can determine the number of shares of each series, and the rights, preferences and limitations of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 192.25 Td (each series. ) Tj ET Q q 0 0 0 rg BT 98.03 192.25 Td (At December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.12 192.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.12 192.25 Td (, there was no preferred or preference stock outstanding.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 201 0 obj <>] /Rotate 0 /Contents 202 0 R>> endobj 202 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (100) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Common Stock) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (Changes in shares of common stock, treasury stock and common stock held in trust for employee benefit plans are as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 108.00 690.75 198.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 690.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.00 690.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.00 690.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 690.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.00 690.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 690.75 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 108.00 660.75 198.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 660.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.00 660.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.00 660.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 660.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.00 660.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 660.75 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 108.00 630.75 198.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 630.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.00 630.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.00 630.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 630.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.00 630.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 630.75 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 108.00 600.75 198.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 600.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.00 600.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.00 600.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 600.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.00 600.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 600.75 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 108.00 570.75 198.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 570.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.00 570.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.00 570.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 570.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.00 570.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 570.75 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 108.00 540.75 198.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 540.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.00 540.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.00 540.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 540.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.00 540.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 540.75 73.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 108.00 510.75 198.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.00 510.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.00 510.75 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.00 510.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 371.00 510.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.00 510.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 510.75 73.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 690.75 m 367 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 690.75 m 426 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430 690.75 m 503 690.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 630.75 m 367 630.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 615.75 m 367 615.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 630.75 m 426 630.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 615.75 m 426 615.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430 630.75 m 503 630.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430 615.75 m 503 615.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 570.75 m 367 570.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 555.75 m 367 555.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 570.75 m 426 570.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430 570.75 m 503 570.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 555.75 m 367 555.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 555.75 m 426 555.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430 555.75 m 503 555.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 510.75 m 367 510.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 496.75 m 367 496.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310 494.75 m 367 494.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 510.75 m 426 510.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 496.75 m 426 496.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 371 494.75 m 426 494.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430 510.75 m 503 510.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430 496.75 m 503 496.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430 494.75 m 503 494.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 110.50 694.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 322.20 702.98 Td (Common) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 328.40 694.98 Td (Stock) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 382.55 702.98 Td (Treasury) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 388.40 694.98 Td (Stock) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 439.65 702.98 Td (Common Stock) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.25 694.98 Td (Held in Trust) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.50 680.42 Td (Balance at December 31, 2011) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.65 680.42 Td (222.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.65 680.42 Td (30.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 680.42 Td (1.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 665.42 Td (Shares acquired) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.15 665.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.65 665.42 Td (2.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 665.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 650.42 Td (Shares issued) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.65 650.42 Td (0.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.30 650.47 Td (\(0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.15 650.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.30 650.47 Td (\(0.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 650.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 635.42 Td (Other shareholder transactions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.30 635.42 Td (\(0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 635.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.15 635.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 635.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.50 620.42 Td (Balance at December 31, 2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.65 620.42 Td (222.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.65 620.42 Td (32.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 620.42 Td (1.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 605.42 Td (Shares acquired) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.15 605.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.65 605.42 Td (3.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 605.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 590.42 Td (Shares issued) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.65 590.42 Td (0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.30 590.47 Td (\(0.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.15 590.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.30 590.47 Td (\(0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 590.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 575.42 Td (Other shareholder transactions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.30 575.42 Td (\(0.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 575.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.15 575.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 575.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.50 560.42 Td (Balance at December 31, 2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.65 560.42 Td (222.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.65 560.42 Td (35.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.65 560.42 Td (1.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 545.42 Td (Shares acquired) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 353.15 545.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 409.65 545.43 Td (4.8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.15 545.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 530.42 Td (Shares issued) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.65 530.43 Td (0.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.30 530.48 Td (\(0.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 422.15 530.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.30 530.48 Td (\(0.2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 499.15 530.43 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 515.42 Td (Other shareholder transactions) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 347.30 515.43 Td (\(0.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 363.15 515.43 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 412.15 515.43 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 489.15 515.43 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.50 500.42 Td (Balance at December 31, 2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 340.65 500.43 Td (222.3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 404.65 500.43 Td (40.1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.65 500.43 Td (1.1) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 476.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.93 476.25 Td (r) Tj ET Q q 0 0 0 rg BT 60.19 476.25 Td (easury Stock) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 456.25 Td (Shares of common stock repurchased by us are recorded at cost as treasury stock and result in a reduction of shareholders' ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 444.25 Td (equity in our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 103.60 444.25 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.25 444.25 Td (. ) Tj ET Q q 0 0 0 rg BT 225.07 444.25 Td (T) Tj ET Q q 0 0 0 rg BT 230.83 444.25 Td (reasury shares may be reissued as part of our stock-based compensation programs. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 432.25 Td (When shares are reissued, we use the weighted-average cost method for determining cost. ) Tj ET Q q 0 0 0 rg BT 411.63 432.25 Td (The gains between the cost of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 420.25 Td (shares and the issuance price are added to additional paid-in-capital. ) Tj ET Q q 0 0 0 rg BT 324.99 420.25 Td (The losses are deducted from additional paid-in capital to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 408.25 Td (the extent of the gains. ) Tj ET Q q 0 0 0 rg BT 143.13 408.25 Td (Thereafter) Tj ET Q q 0 0 0 rg BT 184.36 408.25 Td (, the losses are deducted from retained earnings. ) Tj ET Q q 0 0 0 rg BT 379.10 408.25 Td (T) Tj ET Q q 0 0 0 rg BT 384.86 408.25 Td (reasury stock activity for the three-year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 396.25 Td (period ended December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.01 396.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.01 396.25 Td (, consisting of shares issued and repurchased is presented in our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 440.72 396.25 Td (Consolidated Statements of ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 384.25 Td (Changes in Equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.88 384.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 364.25 Td (In December 2012, the Board of Directors authorized the acquisition of up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.02 364.25 Td ($1 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.63 364.25 Td ( of our common stock upon completion ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 352.25 Td (of the 201) Tj ET Q q 0 0 0 rg BT 90.18 352.25 Td (1 repurchase program. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.19 352.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.19 352.25 Td (, quarterly purchases under the repurchase program were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 59.00 312.75 232.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.00 312.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 295.00 312.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.00 312.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.00 312.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 312.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 312.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.00 312.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 312.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 59.00 282.75 232.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.00 282.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 295.00 282.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.00 282.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.00 282.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 282.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 282.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.00 282.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 282.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 59.00 252.75 232.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.00 252.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 295.00 252.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.00 252.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.00 252.75 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.00 252.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.00 252.75 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.00 252.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 252.75 59.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295 312.75 m 355 312.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359 312.75 m 423 312.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427 312.75 m 489 312.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 312.75 m 552 312.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295 237.75 m 355 237.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427 237.75 m 489 237.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295 223.75 m 355 223.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 295 221.75 m 355 221.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427 223.75 m 489 223.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427 221.75 m 489 221.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 61.50 324.98 Td (In millions \(except per) Tj ET Q q 0 0 0 rg BT 138.02 324.98 Td ( shar) Tj ET Q q 0 0 0 rg BT 154.98 324.98 Td (e amounts\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 61.50 316.98 Td (For) Tj ET Q q 0 0 0 rg BT 73.79 316.98 Td ( each quarter) Tj ET Q q 0 0 0 rg BT 119.41 316.98 Td ( ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 304.00 324.98 Td (2014 Shares) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 306.55 316.98 Td (Purchased) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 367.80 324.98 Td (A) Tj ET Q q 0 0 0 rg BT 372.98 324.98 Td (verage Cost) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 373.65 316.98 Td (Per) Tj ET Q q 0 0 0 rg BT 385.49 316.98 Td ( Shar) Tj ET Q q 0 0 0 rg BT 403.80 316.98 Td (e) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 435.60 324.98 Td (T) Tj ET Q q 0 0 0 rg BT 440.20 324.98 Td (otal Cost of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 435.75 316.98 Td (Repur) Tj ET Q q 0 0 0 rg BT 457.38 316.98 Td (chases) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 503.30 332.98 Td (Remaining) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 502.65 324.98 Td (Authorized) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 502.60 316.98 Td (Capacity ) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 535.26 320.61 Td (\(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 61.50 302.43 Td (December2012, $1 billion repurchase program) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 287.42 Td (March 30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.65 287.42 Td (3.0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.50 287.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 287.42 Td (139.70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.50 287.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.15 287.42 Td (419) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.50 287.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.15 287.42 Td (425) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 272.42 Td (June 29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.65 272.42 Td (0.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 272.42 Td (148.11) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.15 272.42 Td (11) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.15 272.42 Td (415) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 257.42 Td (September 28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.65 257.42 Td (1.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 257.42 Td (139.76) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.15 257.42 Td (175) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.15 257.42 Td (240) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.50 242.42 Td (December 31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.65 242.42 Td (0.5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 242.42 Td (132.66) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.15 242.42 Td (65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.15 242.42 Td (174) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.50 227.42 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.65 227.42 Td (4.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 227.42 Td (139.12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.50 227.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.15 227.42 Td (670) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.15 227.42 Td (174) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 50.00 216.05 Td ( ___________________________________________) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 50.00 206.33 Td ( ) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 55.85 205.88 Td ( ) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 58.45 205.88 Td (\(1\)) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 64.51 205.88 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 67.11 202.25 Td (The remaining authorized capacity is calculated based on the cost to purchase the shares, but excludes commission expenses according to the Board of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 68.00 192.65 Td (Directors authorization.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 143.97 196.27 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 172.65 Td (In July 2014, our Board of Directors authorized the acquisition of up to $1 billion of additional common stock upon the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 160.65 Td (completion of the 2012 repurchase plan.) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 140.65 Td (Quarterly Dividends) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 120.65 Td (T) Tj ET Q q 0 0 0 rg BT 55.41 120.65 Td (otal dividends paid to common shareholders in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.10 120.65 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.10 120.65 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.10 120.65 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.10 120.65 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.54 120.65 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.54 120.65 Td ( were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.96 120.65 Td ($512 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.36 120.65 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.36 120.65 Td ($420 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.75 120.65 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.19 120.65 Td ($340 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.58 120.65 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 108.65 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.66 108.65 Td (. Declaration and payment of dividends in the future depends upon our income and liquidity position, among other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 96.65 Td (factors, and is subject to declaration by our Board of Directors, who meet quarterly to consider our dividend payment. ) Tj ET Q q 0 0 0 rg BT 524.13 96.65 Td (W) Tj ET Q q 0 0 0 rg BT 532.76 96.65 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 84.65 Td (expect to fund dividend payments with cash from operations.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 203 0 obj <>] /Rotate 0 /Contents 204 0 R>> endobj 204 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (In July) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.00 742.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.00 742.10 Td (, the Board of Directors authorized a dividend increase of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.41 742.10 Td (25 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.34 742.10 Td ( from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.77 742.10 Td ($0.625) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.27 742.10 Td ( per share to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.92 742.10 Td ($0.78) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.42 742.10 Td ( per share on a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (quarterly basis ef) Tj ET Q q 0 0 0 rg BT 118.68 730.10 Td (fective in the third quarter) Tj ET Q q 0 0 0 rg BT 222.53 730.10 Td (. In July ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.53 730.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.53 730.10 Td (, the Board of Directors authorized a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.36 730.10 Td (25 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.29 730.10 Td ( increase to our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (quarterly cash dividend on our common stock from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.73 718.10 Td ($0.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.23 718.10 Td ( per share to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.88 718.10 Td ($0.625) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.38 718.10 Td ( per share. In July ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.24 718.10 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.24 718.10 Td (, the Board of Directors ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (approved a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.65 706.10 Td (25 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.57 706.10 Td ( increase to our quarterly cash dividend on our common stock from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.16 706.10 Td ($0.40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.66 706.10 Td ( per share to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.31 706.10 Td ($0.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.81 706.10 Td ( per share. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (Cash dividends per share paid to common shareholders for the last three years were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 165.00 647.60 128.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 647.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.00 647.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 647.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 647.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.00 647.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.00 647.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 165.00 617.60 128.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 617.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.00 617.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 617.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 617.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.00 617.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.00 617.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 165.00 587.60 128.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 587.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.00 587.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 587.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 587.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 395.00 587.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 399.00 587.60 47.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 661.6 m 344 661.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 661.6 m 348 661.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 661.6 m 395 661.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 395 661.6 m 399 661.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 661.6 m 446 661.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 647.6 m 344 647.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 647.6 m 395 647.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 647.6 m 446 647.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 587.6 m 344 587.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 573.6 m 344 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 571.6 m 344 571.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 587.6 m 395 587.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 573.6 m 395 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 571.6 m 395 571.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 587.6 m 446 587.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 573.6 m 446 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 399 571.6 m 446 571.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 167.50 666.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 335.75 665.83 Td (Quarterly Dividends) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 167.50 652.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 312.00 651.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 363.00 651.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.00 651.83 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.50 637.27 Td (First quarter) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.50 637.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 317.65 637.28 Td (0.625) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.50 637.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 637.27 Td (0.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.50 637.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.65 637.27 Td (0.40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.50 622.27 Td (Second quarter) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 317.65 622.28 Td (0.625) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 622.27 Td (0.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.65 622.27 Td (0.40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.50 607.27 Td (Third quarter) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 322.65 607.28 Td (0.78) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.65 607.27 Td (0.625) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.65 607.27 Td (0.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.50 592.27 Td (Fourth quarter) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 322.65 592.28 Td (0.78) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.65 592.27 Td (0.625) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.65 592.27 Td (0.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.50 577.27 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 299.50 577.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 322.65 577.28 Td (2.81) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.50 577.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 577.27 Td (2.25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.50 577.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.65 577.27 Td (1.80) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 553.10 Td (Employee Benefits ) Tj ET Q q 0 0 0 rg BT 131.47 553.10 Td (T) Tj ET Q q 0 0 0 rg BT 137.40 553.10 Td (rust) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 533.10 Td (In 1997, we established the Employee Benefits ) Tj ET Q q 0 0 0 rg BT 240.33 533.10 Td (T) Tj ET Q q 0 0 0 rg BT 246.08 533.10 Td (rust \(EBT\) funded with common stock for use in meeting our future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 521.10 Td (obligations under employee benefit and compensation plans. ) Tj ET Q q 0 0 0 rg BT 294.76 521.10 Td (The primary sources of cash for the EBT) Tj ET Q q 0 0 0 rg BT 458.13 521.10 Td ( are dividends received ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 509.10 Td (on unallocated shares of our common stock held by the EBT) Tj ET Q q 0 0 0 rg BT 291.42 509.10 Td (. ) Tj ET Q q 0 0 0 rg BT 296.24 509.10 Td (The EBT) Tj ET Q q 0 0 0 rg BT 332.99 509.10 Td ( may be used to fund matching contributions to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 497.10 Td (employee accounts in the 401\(k\) Retirement Savings Plan \(RSP\) made in proportion to employee contributions under the terms ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 485.10 Td (of the RSP) Tj ET Q q 0 0 0 rg BT 92.23 485.10 Td (. In addition, we may direct the trustee to sell shares of the EBT) Tj ET Q q 0 0 0 rg BT 347.26 485.10 Td ( on the open market to fund other non-qualified ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 473.10 Td (employee benefit plans. Matching contributions char) Tj ET Q q 0 0 0 rg BT 260.87 473.10 Td (ged to income for the years ended December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.46 473.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.46 473.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.46 473.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.46 473.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.89 473.10 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.89 473.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 461.10 Td (were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.93 461.10 Td ($24 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.32 461.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.32 461.10 Td ($24 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.71 461.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.15 461.10 Td ($27 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.54 461.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 288.20 461.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 205 0 obj <>] /Rotate 0 /Contents 206 0 R>> endobj 206 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.50 33.60 Td (102) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 560.25 Td (NOTE 15. ) Tj ET Q q 0 0 0 rg BT 97.29 560.25 Td (ACCUMULA) Tj ET Q q 0 0 0 rg BT 155.98 560.25 Td (TED OTHER COMPREHENSIVE INCOME \(LOSS\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 386.57 560.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 540.25 Td (Following are the changes in accumulated other comprehensive income \(loss\) by component:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 473.75 271.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 473.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 473.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.00 473.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 473.75 54.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.00 473.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.00 473.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 473.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 473.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 571.00 473.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 575.00 473.75 57.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 632.00 473.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 636.00 473.75 59.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 695.00 473.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 699.00 473.75 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 447.75 271.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 447.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 447.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.00 447.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 447.75 54.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.00 447.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.00 447.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 447.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 447.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 571.00 447.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 575.00 447.75 57.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 632.00 447.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 636.00 447.75 59.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 695.00 447.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 699.00 447.75 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 421.75 271.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 421.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 421.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.00 421.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 421.75 54.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.00 421.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.00 421.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 421.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 421.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 571.00 421.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 575.00 421.75 57.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 632.00 421.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 636.00 421.75 59.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 695.00 421.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 699.00 421.75 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 395.75 271.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 395.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 395.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.00 395.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 395.75 54.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.00 395.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.00 395.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 395.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 395.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 571.00 395.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 575.00 395.75 57.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 632.00 395.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 636.00 395.75 59.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 695.00 395.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 699.00 395.75 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 369.75 271.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 369.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 369.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.00 369.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 369.75 54.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.00 369.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.00 369.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 369.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 369.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 571.00 369.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 575.00 369.75 57.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 632.00 369.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 636.00 369.75 59.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 695.00 369.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 699.00 369.75 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 343.75 271.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 343.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 343.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.00 343.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 343.75 54.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.00 343.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.00 343.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 343.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 343.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 571.00 343.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 575.00 343.75 57.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 632.00 343.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 636.00 343.75 59.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 695.00 343.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 699.00 343.75 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 317.75 271.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 317.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 317.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.00 317.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 317.75 54.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.00 317.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.00 317.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 317.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 317.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 571.00 317.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 575.00 317.75 57.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 632.00 317.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 636.00 317.75 59.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 695.00 317.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 699.00 317.75 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 291.75 271.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 291.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 291.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.00 291.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 291.75 54.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.00 291.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.00 291.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 291.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 291.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 571.00 291.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 575.00 291.75 57.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 632.00 291.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 636.00 291.75 59.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 695.00 291.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 699.00 291.75 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 265.75 271.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 265.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 265.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.00 265.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 265.75 54.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.00 265.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.00 265.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 265.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 265.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 571.00 265.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 575.00 265.75 57.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 632.00 265.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 636.00 265.75 59.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 695.00 265.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 699.00 265.75 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 239.75 271.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 239.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 239.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.00 239.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 239.75 54.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.00 239.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.00 239.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 239.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 239.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 571.00 239.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 575.00 239.75 57.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 632.00 239.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 636.00 239.75 59.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 695.00 239.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 699.00 239.75 44.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 213.75 271.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 213.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 213.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.00 213.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 213.75 54.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.00 213.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.00 213.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 213.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 213.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 571.00 213.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 575.00 213.75 57.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 632.00 213.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 636.00 213.75 59.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 695.00 213.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 699.00 213.75 44.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 473.75 m 385 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 473.75 m 443 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 473.75 m 507 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 473.75 m 571 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 575 473.75 m 632 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 636 473.75 m 695 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 699 473.75 m 743 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 473.75 m 321 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 473.75 m 385 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385 473.75 m 389 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 473.75 m 443 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 443 473.75 m 447 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 473.75 m 507 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 473.75 m 511 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 473.75 m 571 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 571 473.75 m 575 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 575 473.75 m 632 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 632 473.75 m 636 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 636 473.75 m 695 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 695 473.75 m 699 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 699 473.75 m 743 473.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 421.75 m 385 421.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 421.75 m 443 421.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 421.75 m 507 421.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 421.75 m 571 421.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 575 421.75 m 632 421.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 636 421.75 m 695 421.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 699 421.75 m 743 421.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 395.75 m 385 395.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 395.75 m 443 395.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 395.75 m 507 395.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 395.75 m 571 395.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 575 395.75 m 632 395.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 636 395.75 m 695 395.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 699 395.75 m 743 395.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 382.75 m 385 382.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 382.75 m 443 382.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 382.75 m 507 382.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 382.75 m 571 382.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 575 382.75 m 632 382.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 636 395.75 m 695 395.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 636 383.75 m 695 383.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 636 381.75 m 695 381.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 699 395.75 m 743 395.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 699 383.75 m 743 383.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 699 381.75 m 743 381.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 382.75 m 385 382.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 369.75 m 385 369.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 382.75 m 443 382.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 369.75 m 443 369.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 382.75 m 507 382.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 369.75 m 507 369.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 382.75 m 571 382.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 369.75 m 571 369.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 575 382.75 m 632 382.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 575 369.75 m 632 369.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 330.75 m 385 330.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 330.75 m 443 330.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 330.75 m 507 330.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 330.75 m 571 330.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 575 330.75 m 632 330.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 636 330.75 m 695 330.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 699 330.75 m 743 330.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 330.75 m 571 330.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 304.75 m 385 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 304.75 m 443 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 304.75 m 507 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 304.75 m 571 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 575 304.75 m 632 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 636 304.75 m 695 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 699 304.75 m 743 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 291.75 m 385 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 291.75 m 443 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 291.75 m 507 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 291.75 m 571 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 575 291.75 m 632 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 636 304.75 m 695 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 636 292.75 m 695 292.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 636 290.75 m 695 290.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 699 304.75 m 743 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 699 292.75 m 743 292.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 699 290.75 m 743 290.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 291.75 m 385 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 278.75 m 385 278.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 291.75 m 443 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 278.75 m 443 278.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 291.75 m 507 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 278.75 m 507 278.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 291.75 m 571 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 278.75 m 571 278.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 575 291.75 m 632 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 575 278.75 m 632 278.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 239.75 m 385 239.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 239.75 m 443 239.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 239.75 m 507 239.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 239.75 m 571 239.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 575 239.75 m 632 239.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 636 239.75 m 695 239.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 699 239.75 m 743 239.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 213.75 m 385 213.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 213.75 m 443 213.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 213.75 m 507 213.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 213.75 m 571 213.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 575 213.75 m 632 213.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 636 213.75 m 695 213.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 699 213.75 m 743 213.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 200.75 m 385 200.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 200.75 m 443 200.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 200.75 m 507 200.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 200.75 m 571 200.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 575 200.75 m 632 200.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 636 213.75 m 695 213.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 636 201.75 m 695 201.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 636 199.75 m 695 199.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 699 213.75 m 743 213.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 699 201.75 m 743 201.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 699 199.75 m 743 199.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 200.75 m 385 200.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 188.75 m 385 188.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 186.75 m 385 186.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 200.75 m 443 200.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 188.75 m 443 188.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 186.75 m 443 186.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 200.75 m 507 200.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 188.75 m 507 188.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447 186.75 m 507 186.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 200.75 m 571 200.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 188.75 m 571 188.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 186.75 m 571 186.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 575 200.75 m 632 200.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 575 188.75 m 632 188.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 575 186.75 m 632 186.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.50 477.98 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 337.05 517.98 Td (Changein) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 332.35 509.98 Td (pensionsand) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 345.45 501.98 Td (other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 329.30 493.98 Td (postr) Tj ET Q q 0 0 0 rg BT 346.93 493.98 Td (etir) Tj ET Q q 0 0 0 rg BT 358.78 493.98 Td (ement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 329.05 485.98 Td (definedbenefit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 345.35 477.98 Td (plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.20 501.98 Td (For) Tj ET Q q 0 0 0 rg BT 414.49 501.98 Td (eign) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.20 493.98 Td (curr) Tj ET Q q 0 0 0 rg BT 415.16 493.98 Td (ency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 396.80 485.98 Td (translation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 396.15 477.98 Td (adjustment) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 449.55 501.98 Td (Unr) Tj ET Q q 0 0 0 rg BT 463.18 501.98 Td (ealizedgain) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.35 493.98 Td (\(loss\)on) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.90 485.98 Td (marketable) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.50 477.98 Td (securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.55 493.98 Td (Unr) Tj ET Q q 0 0 0 rg BT 527.18 493.98 Td (ealizedgain) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 526.35 485.98 Td (\(loss\)on) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 521.80 477.98 Td (derivatives) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 594.25 493.98 Td (T) Tj ET Q q 0 0 0 rg BT 598.85 493.98 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 578.20 485.98 Td (attributableto) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 578.75 477.98 Td (CumminsInc.) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 639.25 485.98 Td (Noncontr) Tj ET Q q 0 0 0 rg BT 671.55 485.98 Td (olling) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 650.60 477.98 Td (inter) Tj ET Q q 0 0 0 rg BT 666.89 477.98 Td (ests) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 711.75 477.98 Td (Total) Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 52.50 465.11 Td (Balance at December 31, 2011) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.50 465.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 365.00 465.01 Td (\(724) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 381.50 465.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 391.50 465.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 423.00 465.01 Td (\(198) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.50 465.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 449.50 465.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 499.00 465.01 Td (4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 513.50 465.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 555.50 465.01 Td (\(20) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 567.50 465.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 577.50 465.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 612.00 465.01 Td (\(938) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 628.50 465.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 691.50 465.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 739.50 465.01 Td () Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 64.50 452.11 Td (Other comprehensive income before reclassifications) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 381.50 452.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.50 452.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.50 452.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 567.50 452.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 628.50 452.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 691.50 452.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 739.50 452.01 Td () Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 76.50 439.11 Td (Before tax amount) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 365.00 439.01 Td (\(164) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 381.50 439.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.50 439.01 Td (51) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 499.00 439.01 Td (6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.50 439.01 Td (16) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 616.50 439.01 Td (\(91) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 628.50 439.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 638.50 439.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 684.00 439.01 Td (\(8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 691.50 439.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 701.50 439.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 727.50 439.01 Td (\(99) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 739.50 439.01 Td (\)) Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 76.50 426.11 Td (Tax \(expense\) benefit) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.50 426.01 Td (54) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 427.50 426.01 Td (\(14) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.50 426.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.00 426.01 Td (\(2) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.50 426.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 560.00 426.01 Td (\(4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 567.50 426.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 619.50 426.01 Td (34) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 682.50 426.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 730.50 426.01 Td (34) Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 76.50 413.11 Td (After tax amount) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 365.00 413.01 Td (\(110) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 381.50 413.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.50 413.01 Td (37) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 499.00 413.01 Td (4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.50 413.01 Td (12) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 616.50 413.01 Td (\(57) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 628.50 413.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 684.00 413.01 Td (\(8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 691.50 413.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 727.50 413.01 Td (\(65) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 739.50 413.01 Td (\)) Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 64.50 400.11 Td (Amounts reclassified from accumulated other comprehensive income) Tj ET Q BT /F1 8.50 Tf ET BT /F1 5.52 Tf ET q 0 0 0 rg BT 300.54 403.96 Td (\(1\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.50 400.01 Td (40) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.50 400.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.00 400.01 Td (\(3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.50 400.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 563.00 400.01 Td (8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 619.50 400.01 Td (45) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 687.00 400.01 Td (1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 730.50 400.01 Td (46) Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 52.50 387.11 Td (Net current period other comprehensive income \(loss\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 369.50 387.01 Td (\(70) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 381.50 387.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.50 387.01 Td (37) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 499.00 387.01 Td (1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.50 387.01 Td (20) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 616.50 387.01 Td (\(12) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 628.50 387.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 638.50 387.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 684.00 387.01 Td (\(7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 691.50 387.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 701.50 387.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 727.50 387.01 Td (\(19) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 739.50 387.01 Td (\)) Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 52.50 374.11 Td (Balance at December 31, 2012) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.50 374.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 365.00 374.01 Td (\(794) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 381.50 374.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 391.50 374.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 423.00 374.01 Td (\(161) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.50 374.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 449.50 374.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 499.00 374.01 Td (5) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 513.50 374.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 558.50 374.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 577.50 374.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 612.00 374.01 Td (\(950) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 628.50 374.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 691.50 374.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 739.50 374.01 Td () Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 64.50 361.11 Td (Other comprehensive income before reclassifications) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 381.50 361.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.50 361.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.50 361.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 567.50 361.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 628.50 361.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 691.50 361.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 739.50 361.01 Td () Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 76.50 348.11 Td (Before tax amount) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 368.00 348.01 Td (206) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 427.50 348.01 Td (\(31) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.50 348.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 494.50 348.01 Td (16) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 560.00 348.01 Td (\(6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 567.50 348.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 615.00 348.01 Td (185) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 638.50 348.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 679.50 348.01 Td (\(28) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 691.50 348.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 701.50 348.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 726.00 348.01 Td (157) Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 76.50 335.11 Td (Tax \(expense\) benefit) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 369.50 335.01 Td (\(87) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 381.50 335.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.50 335.01 Td (13) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.00 335.01 Td (\(9) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.50 335.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 563.00 335.01 Td (3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 616.50 335.01 Td (\(80) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 628.50 335.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 682.50 335.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 727.50 335.01 Td (\(80) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 739.50 335.01 Td (\)) Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 76.50 322.11 Td (After tax amount) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 368.00 322.01 Td (119) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 427.50 322.01 Td (\(18) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.50 322.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 499.00 322.01 Td (7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 560.00 322.01 Td (\(3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 567.50 322.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 615.00 322.01 Td (105) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 679.50 322.01 Td (\(28) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 691.50 322.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 730.50 322.01 Td (77) Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 64.50 309.11 Td (Amounts reclassified from accumulated other comprehensive income) Tj ET Q BT /F1 8.50 Tf ET BT /F1 5.52 Tf ET q 0 0 0 rg BT 300.54 312.96 Td (\(1\)\(2\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 372.50 309.01 Td (64) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 430.50 309.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.00 309.01 Td (\(5) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.50 309.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 563.00 309.01 Td (2) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 619.50 309.01 Td (61) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 684.00 309.01 Td (\(1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 691.50 309.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 730.50 309.01 Td (60) Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 52.50 296.11 Td (Net current period other comprehensive income \(loss\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 368.00 296.01 Td (183) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 427.50 296.01 Td (\(18) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.50 296.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 499.00 296.01 Td (2) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 560.00 296.01 Td (\(1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 567.50 296.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 615.00 296.01 Td (166) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 638.50 296.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 679.50 296.01 Td (\(29) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 691.50 296.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 701.50 296.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 726.00 296.01 Td (137) Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 52.50 283.11 Td (Balance at December 31, 2013) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.50 283.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 365.00 283.01 Td (\(611) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 381.50 283.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 391.50 283.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 423.00 283.01 Td (\(179) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 439.50 283.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 449.50 283.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 499.00 283.01 Td (7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 513.50 283.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 560.00 283.01 Td (\(1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 567.50 283.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 577.50 283.01 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 612.00 283.01 Td (\(784) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 628.50 283.01 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 691.50 283.01 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 739.50 283.01 Td () Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 64.50 270.11 Td (Other comprehensive income before reclassifications) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.50 270.15 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.50 270.15 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.50 270.15 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 567.50 270.15 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 628.50 270.15 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 691.50 270.15 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 739.50 270.15 Td () Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 76.50 257.11 Td (Before tax amount) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.00 257.15 Td (\(196) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.50 257.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 423.00 257.15 Td (\(241) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.50 257.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 499.00 257.15 Td (2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 563.00 257.15 Td (2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 612.00 257.15 Td (\(433) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 628.50 257.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 638.50 257.15 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 684.00 257.15 Td (\(7) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 691.50 257.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 701.50 257.15 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 723.00 257.15 Td (\(440) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 739.50 257.15 Td (\)) Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 76.50 244.11 Td (Tax \(expense\) benefit) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.50 244.15 Td (92) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.50 244.15 Td (14) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.00 244.15 Td (\(1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.50 244.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 560.00 244.15 Td (\(1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 567.50 244.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 615.00 244.15 Td (104) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 682.50 244.15 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 726.00 244.15 Td (104) Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 76.50 231.11 Td (After tax amount) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.00 231.15 Td (\(104) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.50 231.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 423.00 231.15 Td (\(227) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.50 231.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 499.00 231.15 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 563.00 231.15 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 612.00 231.15 Td (\(329) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 628.50 231.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 684.00 231.15 Td (\(7) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 691.50 231.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 723.00 231.15 Td (\(336) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 739.50 231.15 Td (\)) Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 64.50 218.11 Td (Amounts reclassified from accumulated other comprehensive income) Tj ET Q BT /F1 8.50 Tf ET BT /F1 5.52 Tf ET q 0 0 0 rg BT 300.54 221.96 Td (\(1\)\(2\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 372.50 218.15 Td (46) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 430.50 218.15 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.00 218.15 Td (\(9) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.50 218.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 560.00 218.15 Td (\(2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 567.50 218.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 619.50 218.15 Td (35) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 684.00 218.15 Td (\(4) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 691.50 218.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 730.50 218.15 Td (31) Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 52.50 205.11 Td (Net current period other comprehensive income \(loss\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 369.50 205.15 Td (\(58) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.50 205.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 423.00 205.15 Td (\(227) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.50 205.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.00 205.15 Td (\(8) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.50 205.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 560.00 205.15 Td (\(1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 567.50 205.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 612.00 205.15 Td (\(294) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 628.50 205.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 638.50 205.15 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 679.50 205.15 Td (\(11) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 691.50 205.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 701.50 205.15 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 723.00 205.15 Td (\(305) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 739.50 205.15 Td (\)) Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 52.50 192.11 Td (Balance at December 31, 2014) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 327.50 192.15 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 365.00 192.15 Td (\(669) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 381.50 192.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 391.50 192.15 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 423.00 192.15 Td (\(406) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 439.50 192.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 449.50 192.15 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 496.00 192.15 Td (\(1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.50 192.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 513.50 192.15 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 560.00 192.15 Td (\(2) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 567.50 192.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 577.50 192.15 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 605.25 192.15 Td (\(1,078) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 628.50 192.15 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 691.50 192.15 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 739.50 192.15 Td () Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 49.50 181.05 Td (_______________________________________________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 49.50 169.68 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 55.56 166.05 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 58.06 166.05 Td (Amounts are net of tax.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 133.38 169.68 Td ( ) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 49.50 157.68 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 55.56 154.05 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 58.06 154.05 Td (See reclassifications out of accumulated other comprehensive income \(loss\) disclosure below for further details.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 416.61 157.68 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 591.2669921875 m 120.9521484375 591.2669921875 l s q 0 0 1 rg BT 50.00 592.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 592.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 207 0 obj <>] /Rotate 0 /Contents 208 0 R>> endobj 208 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (103) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Following are the items reclassified out of accumulated other comprehensive income \(loss\) and the related tax ef) Tj ET Q q 0 0 0 rg BT 500.77 742.10 Td (fects:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.43 742.10 Td ( ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 66.50 705.60 224.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 705.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 705.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 705.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 705.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 705.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 705.60 122.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 66.50 677.60 224.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 677.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 677.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 677.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 677.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 677.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 677.60 122.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 66.50 649.60 224.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 649.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 649.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 649.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 649.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 649.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 649.60 122.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 66.50 621.60 224.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 621.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 621.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 621.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 621.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 621.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 621.60 122.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 66.50 593.60 224.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 593.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 593.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 593.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 593.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 593.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 593.60 122.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 66.50 565.60 224.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 565.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 565.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 565.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 565.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 565.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 565.60 122.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 66.50 527.60 224.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 527.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 527.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 527.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 527.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 527.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 527.60 122.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 66.50 499.60 224.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 499.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 499.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 499.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 499.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 499.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 499.60 122.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 66.50 461.60 224.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 461.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 294.50 461.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 461.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 461.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 461.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 422.50 461.60 122.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 718.6 m 354.5 718.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 718.6 m 358.5 718.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 718.6 m 418.5 718.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 66.5 705.6 m 290.5 705.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 718.6 m 354.5 718.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 705.6 m 354.5 705.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 718.6 m 418.5 718.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 705.6 m 418.5 705.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 422.5 705.6 m 544.5 705.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 705.6 m 418.5 705.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 677.6 m 354.5 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 677.6 m 418.5 677.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 663.6 m 354.5 663.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 663.6 m 418.5 663.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 607.6 m 354.5 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 607.6 m 418.5 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 579.6 m 354.5 579.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 579.6 m 418.5 579.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 565.6 m 354.5 565.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 565.6 m 418.5 565.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 513.6 m 354.5 513.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 513.6 m 418.5 513.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 485.6 m 354.5 485.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 485.6 m 418.5 485.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 461.6 m 354.5 461.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 461.6 m 418.5 461.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 434.6 m 354.5 434.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 294.5 432.6 m 354.5 432.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 434.6 m 418.5 434.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 432.6 m 418.5 432.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 69.00 722.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 310.95 722.83 Td (Years ended December 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 69.00 709.83 Td (\(Gain\)/Loss Components) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 316.00 709.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 380.00 709.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.00 709.83 Td (StatementofIncomeLocation) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 69.00 696.16 Td (Realized \(gain\) loss on marketable securities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 297.00 696.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 337.30 696.33 Td (\(14) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.65 696.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.00 696.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.30 696.22 Td (\(13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.65 696.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.00 696.17 Td (Other income \(expense\), net) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 69.00 682.16 Td (Income tax expense) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 345.65 682.28 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.65 682.17 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.00 682.17 Td (Income tax expense) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 81.00 668.16 Td (Net realized \(gain\) loss on marketable securities) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 297.00 668.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 337.30 668.33 Td (\(13) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.65 668.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.00 668.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.30 668.22 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.65 668.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.00 668.17 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 69.00 640.16 Td (Realized \(gain\) loss on derivatives) Tj ET Q BT /F2 1.00 Tf ET q 0 0 0 rg BT 351.00 638.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.00 640.17 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 81.00 626.16 Td (Foreign currency forward contracts) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 297.00 626.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.30 626.33 Td (\(5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.65 626.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.00 626.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.65 626.17 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.00 626.17 Td (Net sales) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 81.00 612.16 Td (Commodity swap contracts) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 345.65 612.28 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.65 612.17 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.00 612.17 Td (Cost of sales) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 93.00 598.16 Td (Total before taxes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.30 598.33 Td (\(3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.65 598.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.65 598.17 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.00 598.17 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 81.00 584.16 Td (Income tax expense \(benefit\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 345.65 584.28 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.30 584.22 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.65 584.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.00 584.17 Td (Income tax expense) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 105.00 570.16 Td (Net realized \(gain\) loss on derivatives) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 297.00 570.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.30 570.33 Td (\(2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.65 570.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.00 570.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.65 570.17 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.00 570.17 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 69.00 541.66 Td (Change in pension and other postretirement defined) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 69.00 532.16 Td (benefit plans) Tj ET Q BT /F2 1.00 Tf ET q 0 0 0 rg BT 351.00 530.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.00 532.27 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 81.00 518.16 Td (Recognized actuarial loss) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 297.00 518.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 340.65 518.28 Td (63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.00 518.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.65 518.17 Td (95) Tj ET Q BT /F1 6.50 Tf ET q 0 0 0 rg BT 425.00 523.43 Td (\(1\)) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 93.00 504.16 Td (Total before taxes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 340.65 504.28 Td (63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.65 504.17 Td (95) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.00 504.17 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 81.00 490.16 Td (Income tax expense \(benefit\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 337.30 490.33 Td (\(17) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.65 490.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.30 490.22 Td (\(31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.65 490.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.00 490.17 Td (Income tax expense) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 105.00 475.66 Td (Net change in pensions and other) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 105.00 466.16 Td (postretirement defined benefit plans) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 297.00 466.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 340.65 466.28 Td (46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.00 466.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.65 466.27 Td (64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.00 466.27 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 117.00 438.16 Td (Total reclassifications for the period) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 297.00 438.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 340.65 438.28 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.00 438.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.65 438.17 Td (60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.00 438.17 Td () Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 68.00 426.90 Td (_______________________________________________________________________) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 68.00 416.43 Td (\(1\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 75.58 411.90 Td ( ) Tj ET Q q 0 0 0 rg BT 77.67 411.90 Td (These accumulated other comprehensive income components are included in the computation of net periodic pension cost \(see Note ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 77.00 401.10 Td (1) Tj ET Q q 0 0 0 rg BT 81.17 401.10 Td (1, ''PENSION ) Tj ET Q q 0 0 0 rg BT 133.17 401.10 Td (AND OTHER POSTRETIREMENT) Tj ET Q q 0 0 0 rg BT 266.00 401.10 Td ( BENEFITS''\).) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 318.74 405.18 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 369.10 Td (NOTE 16. ST) Tj ET Q q 0 0 0 rg BT 110.39 369.10 Td (OCK INCENTIVE ) Tj ET Q q 0 0 0 rg BT 194.30 369.10 Td (AND ST) Tj ET Q q 0 0 0 rg BT 230.51 369.10 Td (OCK OPTION PLANS) Tj ET Q BT /F2 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 349.10 Td (In May 2012, our shareholders approved the 2012 Omnibus Plan \(the Plan\), which replaced and succeeded the 2003 Stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 337.10 Td (Incentive Plan. ) Tj ET Q q 0 0 0 rg BT 112.30 337.10 Td (The Plan allows for the granting of equity awards covering up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.34 337.10 Td (3.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.24 337.10 Td ( shares to executives, employees ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 325.10 Td (and non-employee directors. ) Tj ET Q q 0 0 0 rg BT 166.07 325.10 Td (A) Tj ET Q q 0 0 0 rg BT 172.38 325.10 Td (wards available for grant under the Plan include, but are not limited to, stock options, stock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 313.10 Td (appreciation rights, performance shares and other stock awards. Shares issued under the Plan may be newly issued shares or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 301.10 Td (reissued treasury shares.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 281.10 Td (Stock options are generally granted with a strike price equal to the fair market value of the stock on the date of grant and a life ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 269.10 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.83 269.10 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.83 269.10 Td (years. Stock options granted in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.42 269.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.42 269.10 Td ( have a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.23 269.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.22 269.10 Td (-year vesting period whereas stock options granted prior to 2014 had a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 257.10 Td (two) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 257.10 Td (-year vesting period. ) Tj ET Q q 0 0 0 rg BT 149.79 257.10 Td (The strike price may be higher than the fair value of the stock on the date of the grant, but cannot be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 245.10 Td (lower) Tj ET Q q 0 0 0 rg BT 72.22 245.10 Td (. Compensation expense is recorded on a straight-line basis over the vesting period beginning on the grant date. ) Tj ET Q q 0 0 0 rg BT 520.25 245.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 233.10 Td (compensation expense is based on the fair value of each option grant using the Black-Scholes option pricing model. Options ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 221.10 Td (granted to employees eligible for retirement under our retirement plan are fully expensed as of the grant date.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 201.10 Td (Stock options are also awarded through the Key Employee Stock Investment Plan \(KESIP\) which allows certain employees, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 189.10 Td (other than of) Tj ET Q q 0 0 0 rg BT 100.91 189.10 Td (ficers, to purchase shares of common stock on an installment basis up to an established credit limit. For every even ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 177.10 Td (block of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.55 177.10 Td (100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.55 177.10 Td ( KESIP) Tj ET Q q 0 0 0 rg BT 130.46 177.10 Td ( shares purchased by the employee ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.08 177.10 Td (50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.08 177.10 Td ( stock options are granted. ) Tj ET Q q 0 0 0 rg BT 389.64 177.10 Td (The options granted through the KESIP) Tj ET Q q 0 0 0 rg BT 547.86 177.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 165.10 Td (program are considered awards under the Plan and are vested immediately) Tj ET Q q 0 0 0 rg BT 347.01 165.10 Td (. Compensation expense for stock options granted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 153.10 Td (through the KESIP) Tj ET Q q 0 0 0 rg BT 125.74 153.10 Td ( program is recorded based on the fair value of each option grant using the Black-Scholes option pricing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 141.10 Td (model.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 121.10 Td (Performance shares are granted as tar) Tj ET Q q 0 0 0 rg BT 199.46 121.10 Td (get awards and are earned based on our return on equity \(ROE\) performance. ) Tj ET Q q 0 0 0 rg BT 509.89 121.10 Td (A) Tj ET Q q 0 0 0 rg BT 516.56 121.10 Td ( payout ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 109.10 Td (factor has been established ranging from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.94 109.10 Td (0) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 219.94 109.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.72 109.10 Td (200 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.64 109.10 Td ( of the tar) Tj ET Q q 0 0 0 rg BT 318.06 109.10 Td (get award based on our actual ROE performance. Shares ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 97.10 Td (have a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.32 97.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.30 97.10 Td (-year performance period. Employees leaving the company prior to the end of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.07 97.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.05 97.10 Td (-year performance period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 85.10 Td (forfeit shares granted to them. ) Tj ET Q q 0 0 0 rg BT 172.55 85.10 Td (The fair value of the award is equal to the average market price, adjusted for the present value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 73.10 Td (dividends over the vesting period, of our stock on the grant date. Compensation expense is recorded ratably over the period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 61.10 Td (beginning on the grant date until the shares become unrestricted and is based on the amount of the award that is expected to be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 49.10 Td (earned under the plan formula, adjusted each reporting period based on current information.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 209 0 obj <>] /Rotate 0 /Contents 210 0 R>> endobj 210 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (104) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Restricted common stock is awarded from time to time at no cost to certain employees. Participants are entitled to cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (dividends and voting rights. Restrictions limit the sale or transfer of the shares during a defined period. Generally) Tj ET Q q 0 0 0 rg BT 502.85 730.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.85 730.10 Td (one-third) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.50 730.10 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (the shares become vested and free from restrictions after ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.51 718.10 Td (two) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.51 718.10 Td ( years and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.55 718.10 Td (one-third) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.20 718.10 Td ( of the shares issued become vested and free ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (from restrictions each year thereafter on the anniversary of the grant date, provided the participant remains an employee. ) Tj ET Q q 0 0 0 rg BT 534.61 706.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (fair value of the award is equal to the average market price of our stock on the grant date. Compensation expense is determined ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (at the grant date and is recognized over the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.09 682.10 Td (four) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.55 682.10 Td (-year restriction period on a straight-line basis.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 662.10 Td (Employee compensation expense \(net of estimated forfeitures\) related to our share-based plans for the year ended December ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 650.10 Td (31, 2014, 2013 and 2012, was approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.75 650.10 Td ($35 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.14 650.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.14 650.10 Td ($34 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.53 650.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.97 650.10 Td ($35 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.36 650.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 449.02 650.10 Td (. ) Tj ET Q q 0 0 0 rg BT 453.84 650.10 Td (The excess tax benefit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 638.10 Td (associated with our share-based plans for the years ended December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.44 638.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.44 638.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.44 638.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.44 638.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.88 638.10 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.88 638.10 Td (, was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.93 638.10 Td ($5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.33 638.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.33 638.10 Td ($13 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.72 638.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.10 Td ($14 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.39 626.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 149.05 626.10 Td (. ) Tj ET Q q 0 0 0 rg BT 153.87 626.10 Td (The total unrecognized compensation expense \(net of estimated forfeitures\) related to nonvested ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 614.10 Td (awards was approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.13 614.10 Td ($32 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.52 614.10 Td ( at December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.32 614.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.32 614.10 Td (, and is expected to be recognized over a weighted-average period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 602.10 Td (of less than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.05 602.10 Td (two years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.65 602.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 582.10 Td (The tables below summarize the activity in the Plan:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 66.50 534.60 197.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 534.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 534.60 61.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.50 534.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 534.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 534.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 534.60 74.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 534.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 534.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 66.50 506.60 197.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 506.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 506.60 61.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.50 506.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 506.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 506.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 506.60 74.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 506.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 506.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 66.50 478.60 197.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 478.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 478.60 61.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.50 478.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 478.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 478.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 478.60 74.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 478.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 478.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 66.50 450.60 197.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 450.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 450.60 61.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.50 450.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 450.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 450.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 450.60 74.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 450.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 450.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 66.50 422.60 197.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 422.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 422.60 61.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.50 422.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 422.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 422.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 422.60 74.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 422.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 422.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 66.50 394.60 197.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 394.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 394.60 61.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.50 394.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 394.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 394.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 394.60 74.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 394.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 394.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 66.50 366.60 197.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 366.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 366.60 61.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.50 366.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 366.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 366.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 366.60 74.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 366.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 366.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 66.50 338.60 197.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 338.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 338.60 61.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.50 338.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 338.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 338.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 338.60 74.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 338.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 338.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 66.50 310.60 197.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 310.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 310.60 61.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.50 310.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 332.50 310.60 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 310.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 310.60 74.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 310.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 310.60 60.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 534.6 m 328.5 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 534.6 m 402.5 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 534.6 m 480.5 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 534.6 m 544.5 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 534.6 m 328.5 534.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 478.6 m 328.5 478.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 478.6 m 402.5 478.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 422.6 m 328.5 422.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 422.6 m 402.5 422.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 366.6 m 328.5 366.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 366.6 m 402.5 366.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 351.6 m 328.5 351.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 353.6 m 328.5 353.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 351.6 m 402.5 351.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 332.5 353.6 m 402.5 353.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 283.90 538.83 Td (Options) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 336.10 546.83 Td (W) Tj ET Q q 0 0 0 rg BT 343.66 546.83 Td (eighted-average) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 342.75 538.83 Td (Exer) Tj ET Q q 0 0 0 rg BT 359.04 538.83 Td (cise Price) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 412.10 562.83 Td (W) Tj ET Q q 0 0 0 rg BT 419.66 562.83 Td (eighted-average) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 424.30 554.83 Td (Remaining) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.40 546.83 Td (Contractual Life) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.85 538.83 Td (\(in years\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 496.50 554.83 Td (Aggr) Tj ET Q q 0 0 0 rg BT 513.68 554.83 Td (egate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 488.75 546.83 Td (Intrinsic ) Tj ET Q q 0 0 0 rg BT 519.94 546.83 Td (V) Tj ET Q q 0 0 0 rg BT 524.98 546.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 493.40 538.83 Td (\(in millions\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.00 525.17 Td (Balance at December 31, 2011) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.60 525.17 Td (1,243,037) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.00 525.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.15 525.17 Td (59.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.00 525.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.00 525.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.00 511.17 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.15 511.17 Td (321,945) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.15 511.17 Td (119.34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.00 511.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.00 511.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.00 497.17 Td (Exercised) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.80 497.22 Td (\(241,815) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.65 497.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.15 497.17 Td (31.73) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.00 497.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.00 497.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.00 483.17 Td (Forfeited) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.80 483.22 Td (\(13,999) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.65 483.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.15 483.17 Td (67.86) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.00 483.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.00 483.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.00 469.17 Td (Balance at December 31, 2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.60 469.17 Td (1,309,168) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.15 469.17 Td (78.80) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.00 469.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.00 469.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.00 455.17 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.15 455.17 Td (432,370) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.15 455.17 Td (112.07) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.00 455.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.00 455.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.00 441.17 Td (Exercised) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.80 441.22 Td (\(265,528) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.65 441.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.15 441.17 Td (40.48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.00 441.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.00 441.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.00 427.17 Td (Forfeited) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.80 427.22 Td (\(13,674) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.65 427.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.15 427.17 Td (105.19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.00 427.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.00 427.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.00 413.17 Td (Balance at December 31, 2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.60 413.17 Td (1,462,336) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.15 413.17 Td (95.35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.00 413.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.00 413.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.00 399.17 Td (Granted) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 292.15 399.28 Td (350,630) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 371.15 399.28 Td (148.98) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.00 399.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.00 399.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.00 385.17 Td (Exercised) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 288.80 385.33 Td (\(175,526) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 324.65 385.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 376.15 385.28 Td (82.06) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.00 385.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.00 385.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.00 371.17 Td (Forfeited) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 293.80 371.33 Td (\(10,716) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 324.65 371.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 371.15 371.28 Td (102.56) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.00 371.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.00 371.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.00 357.17 Td (Balance at December 31, 2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 284.60 357.28 Td (1,626,724) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 335.00 357.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 371.15 357.28 Td (108.30) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 459.50 357.28 Td (7.22) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 487.00 357.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 530.65 357.28 Td (62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.00 329.17 Td (Exercisable, December 31, 2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.15 329.17 Td (785,869) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.00 329.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.15 329.17 Td (51.40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.50 329.17 Td (6.26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.00 329.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 329.17 Td (44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.00 315.17 Td (Exercisable, December 31, 2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.15 315.17 Td (758,936) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.00 315.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.15 315.17 Td (76.85) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.50 315.17 Td (5.94) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.00 315.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 315.17 Td (48) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 69.00 301.33 Td (Exercisable, December 31, 2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 292.15 301.33 Td (903,059) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 335.00 301.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 376.15 301.33 Td (92.18) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 459.50 301.33 Td (6.05) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 487.00 301.33 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 530.65 301.33 Td (48) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 278.10 Td (The weighted-average grant date fair value of options granted during the years ended December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.50 278.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.50 278.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.50 278.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.50 278.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.94 278.10 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.94 278.10 Td (, was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 266.10 Td ($49.16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.50 266.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.50 266.10 Td ($48.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.00 266.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.44 266.10 Td ($54.25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.94 266.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 209.60 266.10 Td (. ) Tj ET Q q 0 0 0 rg BT 214.42 266.10 Td (The total intrinsic value of options exercised during the years ended December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 254.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 254.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.00 254.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.00 254.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.44 254.10 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.44 254.10 Td (, was approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.75 254.10 Td ($12 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.14 254.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.14 254.10 Td ($22 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.53 254.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.97 254.10 Td ($19 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.36 254.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 434.02 254.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 211 0 obj <>] /Rotate 0 /Contents 212 0 R>> endobj 212 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (105) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (The weighted-average grant date fair value of performance and restricted shares was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 78.50 698.60 174.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 698.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 256.50 698.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 316.50 698.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 698.60 72.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 698.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 698.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 698.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.50 698.60 72.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 78.50 670.60 174.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 670.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 256.50 670.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 316.50 670.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 670.60 72.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 670.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 670.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 670.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.50 670.60 72.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 78.50 642.60 174.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 642.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 256.50 642.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 316.50 642.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 642.60 72.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 642.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 642.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 642.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.50 642.60 72.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 78.50 614.60 174.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 614.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 256.50 614.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 316.50 614.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 614.60 72.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 614.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 614.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 614.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.50 614.60 72.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 78.50 586.60 174.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 586.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 256.50 586.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 316.50 586.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 586.60 72.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 586.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 586.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 586.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.50 586.60 72.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 78.50 558.60 174.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 558.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 256.50 558.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 316.50 558.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 558.60 72.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 558.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 558.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 558.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.50 558.60 72.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 78.50 530.60 174.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 252.50 530.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 256.50 530.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 316.50 530.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 530.60 72.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 530.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 530.60 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 530.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.50 530.60 72.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256.5 718.6 m 316.5 718.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 316.5 718.6 m 320.5 718.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 718.6 m 392.5 718.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 718.6 m 456.5 718.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456.5 718.6 m 460.5 718.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 718.6 m 532.5 718.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 78.5 698.6 m 252.5 698.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256.5 698.6 m 316.5 698.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 698.6 m 392.5 698.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 698.6 m 456.5 698.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 698.6 m 532.5 698.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256.5 642.6 m 316.5 642.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 642.6 m 392.5 642.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 642.6 m 456.5 642.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 642.6 m 532.5 642.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256.5 586.6 m 316.5 586.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 586.6 m 392.5 586.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 586.6 m 456.5 586.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 586.6 m 532.5 586.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256.5 530.6 m 316.5 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256.5 517.6 m 316.5 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256.5 515.6 m 316.5 515.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 530.6 m 392.5 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 517.6 m 392.5 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 515.6 m 392.5 515.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 530.6 m 456.5 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 517.6 m 456.5 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 515.6 m 456.5 515.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 530.6 m 532.5 530.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 517.6 m 532.5 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 515.6 m 532.5 515.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 81.00 722.33 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 289.30 722.83 Td (Performance Shares) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 433.95 722.83 Td (Restricted Shares) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 81.00 702.83 Td (Nonvested) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.50 702.83 Td (Shares) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 325.10 710.68 Td (Weighted-average) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 338.15 702.68 Td (Fair Value) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.50 702.83 Td (Shares) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 465.10 710.68 Td (Weighted-average) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 478.15 702.68 Td (Fair Value) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 689.17 Td (Balance at December 31, 2011) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.15 689.17 Td (525,391) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.00 689.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 689.17 Td (62.05) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.15 689.17 Td (81,845) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.00 689.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.15 689.17 Td (61.49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 675.17 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.15 675.17 Td (325,590) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 675.17 Td (89.92) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 675.17 Td (3,150) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.15 675.17 Td (91.68) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 661.17 Td (Vested) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.80 661.17 Td (\(194,484) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.65 661.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 661.17 Td (25.46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.80 661.22 Td (\(22,766) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.65 661.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.15 661.17 Td (52.16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 647.17 Td (Forfeited) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.80 647.17 Td (\(26,413) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.65 647.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 647.17 Td (91.94) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.65 647.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 647.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 633.17 Td (Balance at December 31, 2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.15 633.17 Td (630,084) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 633.17 Td (86.49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.15 633.17 Td (62,229) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.15 633.17 Td (66.43) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 619.17 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.15 619.17 Td (176,649) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.15 619.17 Td (106.40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 619.17 Td (7,506) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.15 619.17 Td (114.56) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 605.17 Td (Vested) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.80 605.17 Td (\(303,882) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.65 605.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 605.17 Td (61.48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.80 605.22 Td (\(26,901) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.65 605.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.15 605.17 Td (62.03) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 591.17 Td (Forfeited) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.80 591.17 Td (\(26,938) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.65 591.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 591.17 Td (85.07) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.80 591.22 Td (\(10,293) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.65 591.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.15 591.17 Td (65.41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 577.17 Td (Balance at December 31, 2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.15 577.17 Td (475,913) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.15 577.17 Td (109.93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.15 577.17 Td (32,541) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.15 577.17 Td (81.49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 563.17 Td (Granted) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 280.15 563.28 Td (206,031) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 361.15 563.28 Td (130.38) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.65 563.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 518.65 563.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 549.17 Td (Vested) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 276.80 549.28 Td (\(207,093) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 312.65 549.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 361.15 549.28 Td (107.64) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 421.80 549.33 Td (\(21,266) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 452.65 549.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 506.15 549.28 Td (65.88) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.00 535.17 Td (Forfeited) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 286.80 535.28 Td (\(8,158) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 312.65 535.28 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 361.15 535.28 Td (121.18) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.65 535.28 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 518.65 535.28 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.00 521.17 Td (Balance at December 31, 2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 280.15 521.28 Td (466,693) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 323.00 521.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 361.15 521.28 Td (119.78) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.15 521.28 Td (11,275) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 463.00 521.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 501.15 521.28 Td (110.94) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 497.10 Td (The total vesting date fair value of performance shares vested during the years ended December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.67 497.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.67 497.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.67 497.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.67 497.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.11 497.10 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.11 497.10 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 485.10 Td ($30 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.39 485.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.39 485.10 Td ($35 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.78 485.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.22 485.10 Td ($24 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.61 485.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 266.27 485.10 Td (. ) Tj ET Q q 0 0 0 rg BT 271.09 485.10 Td (The total fair value of restricted shares vested was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.07 485.10 Td ($3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.46 485.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.46 485.10 Td ($3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 561.85 485.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 473.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.94 473.10 Td ($3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.33 473.10 Td ( for the years ended December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.27 473.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.27 473.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.27 473.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.27 473.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.71 473.10 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.71 473.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 385.37 473.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 453.10 Td (The fair value of each option grant was estimated on the grant date using the Black-Scholes option pricing model with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 441.10 Td (following assumptions:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 159.50 402.60 145.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.50 402.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.50 402.60 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 402.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.50 402.60 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 402.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 402.60 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 159.50 372.60 145.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.50 372.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.50 372.60 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 353.50 372.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 357.50 372.60 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 372.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.50 372.60 45.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 417.6 m 353.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 357.5 417.6 m 402.5 417.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406.5 417.6 m 451.5 417.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 162.00 421.83 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 322.50 421.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.50 421.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 420.50 421.83 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 407.27 Td (Expected life \(years\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 345.00 407.28 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 407.27 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.00 407.27 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 392.27 Td (Risk-free interest rate) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 325.50 392.28 Td (1.80) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.00 392.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.15 392.27 Td (0.79) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 392.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.15 392.27 Td (1.05) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.65 392.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 377.27 Td (Expected volatility) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 320.50 377.28 Td (41.17) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.00 377.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.10 377.27 Td (56.59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 377.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.10 377.27 Td (58.98) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.65 377.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.00 362.27 Td (Dividend yield) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 325.50 362.28 Td (1.61) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 343.00 362.28 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.15 362.27 Td (1.55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 362.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.15 362.27 Td (1.30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.65 362.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 338.10 Td (Expected life) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.91 338.10 Td (The expected life of employee stock options represents the weighted-average period the stock options are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 326.10 Td (expected to remain outstanding based upon our historical data.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 306.10 Td (Risk-fr) Tj ET Q q 0 0 0 rg BT 76.85 306.10 Td (ee inter) Tj ET Q q 0 0 0 rg BT 106.74 306.10 Td (est rate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.46 306.10 Td (The risk-free interest rate assumption is based upon the observed U.S. treasury security rate appropriate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 294.10 Td (for the expected life of our employee stock options.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (Expected volatility) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.69 274.10 Td (The expected volatility assumption is based upon the weighted-average historical daily price changes of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (our common stock over the most recent period equal to the expected option life of the grant, adjusted for activity which is not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (expected to occur in the future.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 230.10 Td (Dividend yield) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.59 230.10 Td (The dividend yield assumption is based on our history and expectation of dividend payouts.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (NOTE ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 80.84 202.10 Td (17) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 90.84 202.10 Td (. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 98.34 202.10 Td (NONCONTROLLING INTERESTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 255.32 202.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 182.10 Td (Noncontrolling interests in the equity of consolidated subsidiaries were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 138.50 144.60 230.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 144.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 144.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 144.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 144.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 138.50 114.60 230.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 114.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 114.60 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 420.50 114.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 114.60 48.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 157.60000000000002 m 420.5 157.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 420.5 157.60000000000002 m 424.5 157.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 157.60000000000002 m 472.5 157.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 144.60000000000002 m 420.5 144.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 144.60000000000002 m 472.5 144.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 99.60000000000002 m 420.5 99.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 85.60000000000002 m 420.5 85.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 83.60000000000002 m 420.5 83.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 99.60000000000002 m 472.5 99.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 85.60000000000002 m 472.5 85.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 83.60000000000002 m 472.5 83.60000000000002 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 141.00 162.28 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.75 161.83 Td (December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 141.00 148.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 388.00 148.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 440.00 148.83 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.00 134.27 Td (Cummins India Ltd.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 375.00 134.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.65 134.28 Td (252) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 134.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.65 134.27 Td (252) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.00 119.27 Td (Wuxi Cummins Turbo Technologies Co. Ltd.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.65 119.28 Td (67) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 119.27 Td (81) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.00 104.27 Td (Other) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 406.65 104.28 Td (25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 104.27 Td (27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.00 89.27 Td (Total) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 375.00 89.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.65 89.28 Td (344) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.00 89.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.65 89.27 Td (360) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 213 0 obj <>] /Rotate 0 /Contents 214 0 R>> endobj 214 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (106) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (NOTE 18. EARNINGS PER SHARE) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 210.58 742.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 722.25 Td (e calculate basic earnings per share \(EPS\) of common stock by dividing net income attributable to CumminsInc. by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (weighted-average number of common shares outstanding for the period. ) Tj ET Q q 0 0 0 rg BT 340.84 710.25 Td (The calculation of diluted EPS assumes the issuance of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (common stock for all potentially dilutive share equivalents outstanding. ) Tj ET Q q 0 0 0 rg BT 339.20 698.25 Td (W) Tj ET Q q 0 0 0 rg BT 347.84 698.25 Td (e exclude shares of common stock held in the EBT) Tj ET Q q 0 0 0 rg BT 551.22 698.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 686.25 Td (\(see Note) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.54 686.25 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.54 686.25 Td (, ") Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.62 686.25 Td (SHAREHOLDERS' EQUITY) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.03 686.25 Td ("\) from the calculation of the weighted-average common shares outstanding until ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 674.25 Td (those shares are distributed from the EBT) Tj ET Q q 0 0 0 rg BT 216.44 674.25 Td ( to the RSP) Tj ET Q q 0 0 0 rg BT 260.62 674.25 Td (. Following are the computations for basic and diluted earnings per share:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 636.75 249.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 636.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 636.75 84.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 636.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 636.75 84.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 475.50 636.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 636.75 84.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 608.75 249.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 608.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 608.75 84.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 608.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 608.75 84.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 475.50 608.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 608.75 84.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 580.75 249.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 580.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 580.75 84.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 580.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 580.75 84.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 475.50 580.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 580.75 84.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 552.75 249.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 552.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 552.75 84.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 552.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 552.75 84.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 475.50 552.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 552.75 84.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 524.75 249.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 299.50 524.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.50 524.75 84.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 524.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 524.75 84.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 475.50 524.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 524.75 84.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 649.75 m 387.5 649.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 649.75 m 391.5 649.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 649.75 m 475.5 649.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 649.75 m 479.5 649.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 649.75 m 563.5 649.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 649.75 m 387.5 649.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 649.75 m 475.5 649.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 636.75 m 387.5 636.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 623.75 m 387.5 623.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 621.75 m 387.5 621.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 636.75 m 475.5 636.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 623.75 m 475.5 623.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 621.75 m 475.5 621.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 636.75 m 563.5 636.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 623.75 m 563.5 623.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 621.75 m 563.5 621.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 566.75 m 387.5 566.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 566.75 m 475.5 566.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 566.75 m 563.5 566.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 566.75 m 387.5 566.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 566.75 m 475.5 566.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 566.75 m 563.5 566.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 551.75 m 387.5 551.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303.5 553.75 m 387.5 553.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 551.75 m 475.5 551.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 553.75 m 475.5 553.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 551.75 m 563.5 551.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 553.75 m 563.5 553.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 654.43 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.95 653.98 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 640.98 Td (Dollars in millions, except per share amounts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 337.00 640.98 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 425.00 640.98 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.00 640.98 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 627.32 Td (Net income attributable to CumminsInc.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 306.00 627.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 361.15 627.43 Td (1,651) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 627.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.15 627.32 Td (1,483) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.00 627.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.15 627.32 Td (1,645) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 599.32 Td (Weighted-average common shares outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.00 599.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 599.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.00 599.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 585.32 Td (Basic) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.65 585.43 Td (182,637,568) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.65 585.32 Td (186,994,382) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.65 585.32 Td (189,286,821) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 571.32 Td (Dilutive effect of stock compensation awards) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 351.15 571.43 Td (441,727) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.15 571.32 Td (423,459) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.15 571.32 Td (381,883) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 557.32 Td (Diluted) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 333.65 557.43 Td (183,079,295) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.65 557.32 Td (187,417,841) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.65 557.32 Td (189,668,704) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 543.32 Td (Earnings per common share attributable to CumminsInc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.00 543.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 543.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.00 543.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 529.32 Td (Basic) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 306.00 529.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 366.15 529.43 Td (9.04) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 529.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 529.32 Td (7.93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.00 529.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.15 529.32 Td (8.69) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 515.32 Td (Diluted) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 366.15 515.43 Td (9.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 515.32 Td (7.91) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.15 515.32 Td (8.67) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 491.25 Td (The weighted-average diluted common shares outstanding for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.20 491.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.20 491.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.20 491.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.20 491.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.64 491.25 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.64 491.25 Td ( excludes the ef) Tj ET Q q 0 0 0 rg BT 446.93 491.25 Td (fect of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.24 491.25 Td (165,840) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.74 491.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.74 491.25 Td (359,641) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.24 491.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 479.25 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.94 479.25 Td (453,893) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.44 479.25 Td ( weighted-average shares, respectively) Tj ET Q q 0 0 0 rg BT 253.16 479.25 Td (, of common stock options, since such options had an exercise price in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 467.25 Td (excess of the monthly average market value of our common stock during that year) Tj ET Q q 0 0 0 rg BT 378.51 467.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 439.25 Td (NOTE 19. OPERA) Tj ET Q q 0 0 0 rg BT 132.60 439.25 Td (TING SEGMENTS) Tj ET Q BT /F2 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 419.25 Td (Operating segments under GAAP) Tj ET Q q 0 0 0 rg BT 184.33 419.25 Td ( are defined as components of an enterprise about which separate financial information is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 407.25 Td (available that is evaluated regularly by the chief operating decision-maker) Tj ET Q q 0 0 0 rg BT 345.86 407.25 Td (, or decision-making group, in deciding how to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 395.25 Td (allocate resources and in assessing performance. Cummins' chief operating decision-maker \(CODM\) is the Chief Executive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 383.25 Td (Of) Tj ET Q q 0 0 0 rg BT 60.37 383.25 Td (ficer) Tj ET Q q 0 0 0 rg BT 78.13 383.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.63 383.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 363.25 Td (Our reportable operating segments consist of the following:Engine, Distribution, Components and Power Generation. ) Tj ET Q q 0 0 0 rg BT 525.00 363.25 Td (This ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 351.25 Td (reporting structure is or) Tj ET Q q 0 0 0 rg BT 143.96 351.25 Td (ganized according to the products and markets each segment serves) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.14 351.25 Td (. ) Tj ET Q q 0 0 0 rg BT 418.96 351.25 Td (The Engine segment produces ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 339.25 Td (engines and parts for sale to customers in on-highway and various industrial markets.Our engines are used in trucks of all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 327.25 Td (sizes, buses and recreational vehicles, as well as in various industrial applications, including construction, mining, agriculture, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 315.25 Td (marine, oil and gas, rail and military equipment. ) Tj ET Q q 0 0 0 rg BT 245.04 315.25 Td (The Distribution segment includes wholly-owned and partially-owned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 303.25 Td (distributorships engaged in wholesaling engines, generator sets and service parts, as well as performing service and repair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 291.25 Td (activities on our products and maintaining relationships with various OEMs throughout the world. ) Tj ET Q q 0 0 0 rg BT 444.76 291.25 Td (The Components segment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 279.25 Td (sells filtration products, aftertreatment systems, turbochar) Tj ET Q q 0 0 0 rg BT 280.59 279.25 Td (gers and fuel systems. ) Tj ET Q q 0 0 0 rg BT 371.22 279.25 Td (The Power Generation segment is an integrated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 267.25 Td (provider of power systems, which sells engines, generator sets and alternators.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 247.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 247.25 Td (e use segment EBIT) Tj ET Q q 0 0 0 rg BT 139.27 247.25 Td ( \(defined as earnings before interest expense, taxes and noncontrolling interests\) as a primary basis for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 235.25 Td (the CODM to evaluate the performance of each of our operating segments. Segment amounts exclude certain expenses not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 223.25 Td (specifically identifiable to segments.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.62 223.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 203.25 Td (The accounting policies of our operating segments are the same as those applied in our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 399.61 203.25 Td (Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.16 203.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.66 203.25 Td ( ) Tj ET Q q 0 0 0 rg BT 544.98 203.25 Td (W) Tj ET Q q 0 0 0 rg BT 553.61 203.25 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 191.25 Td (prepared the financial results of our operating segments on a basis that is consistent with the manner in which we internally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 179.25 Td (disaggregate financial information to assist in making internal operating decisions.) Tj ET Q q 0 0 0 rg BT 382.79 179.25 Td (W) Tj ET Q q 0 0 0 rg BT 391.43 179.25 Td (e have allocated certain common costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 167.25 Td (and expenses, primarily corporate functions, among segments dif) Tj ET Q q 0 0 0 rg BT 310.58 167.25 Td (ferently than we would for stand-alone financial information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 155.25 Td (prepared in accordance with GAAP) Tj ET Q q 0 0 0 rg BT 191.61 155.25 Td (. ) Tj ET Q q 0 0 0 rg BT 196.43 155.25 Td (These include certain costs and expenses of shared services, such as information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 143.25 Td (technology) Tj ET Q q 0 0 0 rg BT 93.78 143.25 Td (, human resources, legal and finance.) Tj ET Q q 0 0 0 rg BT 244.38 143.25 Td (W) Tj ET Q q 0 0 0 rg BT 253.01 143.25 Td (e also do not allocate debt-related items, actuarial gains or losses, prior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 131.25 Td (service costs or credits, changes in cash surrender value of corporate owned life insurance or income taxes to individual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 119.25 Td (segments.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.72 119.25 Td (Segment EBIT) Tj ET Q q 0 0 0 rg BT 151.75 119.25 Td ( may not be consistent with measures used by other companies.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 215 0 obj <>] /Rotate 0 /Contents 216 0 R>> endobj 216 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (107) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Summarized financial information regarding our reportable operating segments at December31, is shown in the table below:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 710.60 193.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 710.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 710.60 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 710.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 710.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 710.60 13.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 710.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 710.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 710.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 710.60 5.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 710.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 710.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 519.50 710.60 43.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 684.60 193.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 684.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 684.60 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 684.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 684.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 684.60 13.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 684.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 684.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 684.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 684.60 5.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 684.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 684.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 519.50 684.60 43.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 658.60 193.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 658.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 658.60 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 658.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 658.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 658.60 13.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 658.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 658.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 658.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 658.60 5.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 658.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 658.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 519.50 658.60 43.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 632.60 193.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 632.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 632.60 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 632.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 632.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 632.60 13.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 632.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 632.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 632.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 632.60 5.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 632.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 632.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 519.50 632.60 43.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 606.60 193.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 606.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 606.60 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 606.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 606.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 606.60 13.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 606.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 606.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 606.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 606.60 5.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 606.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 606.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 519.50 606.60 43.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 580.60 193.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 580.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 580.60 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 580.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 580.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 580.60 13.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 580.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 580.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 580.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 580.60 5.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 580.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 580.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 519.50 580.60 43.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 554.60 193.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 554.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 554.60 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 554.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 554.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 554.60 13.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 554.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 554.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 554.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 554.60 5.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 554.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 554.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 519.50 554.60 43.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 528.60 193.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 528.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 528.60 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 528.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 528.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 528.60 13.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 528.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 528.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 528.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 528.60 5.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 528.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 528.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 519.50 528.60 43.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 502.60 193.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 502.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 502.60 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 502.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 502.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 502.60 13.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 502.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 502.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 502.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 502.60 5.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 502.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 502.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 519.50 502.60 43.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 476.60 193.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 476.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 476.60 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 476.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 476.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 476.60 13.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 476.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 476.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 476.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 476.60 5.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 476.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 476.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 519.50 476.60 43.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 450.60 193.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 450.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 450.60 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 450.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 450.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 450.60 13.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 450.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 450.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 450.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 450.60 5.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 450.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 450.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 519.50 450.60 43.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 424.60 193.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 424.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 424.60 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 424.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 424.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 424.60 13.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 424.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 424.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 424.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 424.60 5.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 424.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 424.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 519.50 424.60 43.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 398.60 193.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 398.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 398.60 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 398.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 398.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 398.60 13.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 398.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 398.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 398.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 398.60 5.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 398.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 398.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 519.50 398.60 43.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 372.60 193.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 372.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 372.60 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 372.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 372.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 372.60 13.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 372.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 372.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 372.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 372.60 5.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 372.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 372.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 519.50 372.60 43.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 346.60 193.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 346.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 346.60 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 346.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 346.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 346.60 13.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 346.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 346.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 346.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 346.60 5.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 346.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 346.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 519.50 346.60 43.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 320.60 193.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 320.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 320.60 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 320.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 320.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 320.60 13.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 320.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 320.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 320.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 320.60 5.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 320.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 320.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 519.50 320.60 43.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 294.60 193.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 294.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 294.60 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 294.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 294.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 294.60 13.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 294.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 294.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 294.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 294.60 5.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 294.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 294.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 519.50 294.60 43.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 268.60 193.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 268.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 247.50 268.60 40.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 268.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 268.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 341.50 268.60 13.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 268.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 268.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.50 268.60 50.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.50 268.60 5.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.50 268.60 52.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.50 268.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 519.50 268.60 43.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247.5 710.6 m 287.5 710.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 710.6 m 341.5 710.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 710.6 m 404.5 710.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 710.6 m 458.5 710.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 710.6 m 515.5 710.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 519.5 710.6 m 562.5 710.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 671.6 m 341.5 671.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 671.6 m 404.5 671.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 671.6 m 458.5 671.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247.5 671.6 m 287.5 671.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 671.6 m 341.5 671.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 671.6 m 404.5 671.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 671.6 m 458.5 671.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 671.6 m 515.5 671.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 519.5 671.6 m 562.5 671.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247.5 515.6 m 287.5 515.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 515.6 m 341.5 515.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 515.6 m 404.5 515.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 515.6 m 458.5 515.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247.5 515.6 m 287.5 515.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 515.6 m 341.5 515.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 515.6 m 404.5 515.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 515.6 m 458.5 515.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 515.6 m 515.5 515.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 519.5 515.6 m 562.5 515.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 247.5 359.6 m 287.5 359.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 359.6 m 341.5 359.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 359.6 m 404.5 359.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 408.5 359.6 m 458.5 359.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463.5 359.6 m 515.5 359.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 519.5 359.6 m 562.5 359.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 714.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 254.95 714.83 Td (Engine) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 295.10 714.83 Td (Distribution) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 357.40 714.83 Td (Components) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.15 722.83 Td (Power) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 413.65 714.83 Td (Generation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.55 722.83 Td (Non-segment) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 476.40 714.83 Td (Items) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 495.51 718.46 Td (\(1\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 531.75 714.83 Td (Total) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 702.00 Td (2014) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 250.00 701.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 294.00 701.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 357.00 701.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 466.00 701.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 522.00 701.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 688.86 Td (External sales) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 250.00 689.00 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 263.75 689.00 Td (8,437) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 294.00 689.00 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.75 689.00 Td (5,135) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 357.00 689.00 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.75 689.00 Td (3,791) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 411.00 689.00 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 434.75 689.00 Td (1,858) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 466.00 689.00 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.00 689.00 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 522.00 689.00 Td ($) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 534.25 689.00 Td (19,221) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 675.86 Td (Intersegment sales) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 263.75 676.00 Td (2,525) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.00 676.00 Td (39) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.75 676.00 Td (1,327) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 434.75 676.00 Td (1,038) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.75 676.00 Td (\(4,929) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 512.00 676.00 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.00 676.00 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 59.00 662.86 Td (Total sales) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 259.25 663.00 Td (10,962) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.75 663.00 Td (5,174) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.75 663.00 Td (5,118) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 434.75 663.00 Td (2,896) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 488.75 663.00 Td (\(4,929) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 512.00 663.00 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 534.25 663.00 Td (19,221) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 649.86 Td (Depreciation and amortization) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 162.45 653.94 Td (\(2\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 270.50 650.00 Td (207) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.00 650.00 Td (86) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.50 650.00 Td (106) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.00 650.00 Td (53) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.00 650.00 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.50 650.00 Td (452) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 636.86 Td (Research, development and engineering expenses) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 270.50 637.00 Td (438) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.50 637.00 Td (9) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.50 637.00 Td (230) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.00 637.00 Td (77) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.00 637.00 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.50 637.00 Td (754) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 623.86 Td (Equity, royalty and interest income from investees) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 270.50 624.00 Td (147) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.50 624.00 Td (148) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 392.00 624.00 Td (36) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.00 624.00 Td (39) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.00 624.00 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.50 624.00 Td (370) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 610.86 Td (Interest income) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 275.00 611.00 Td (12) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 333.50 611.00 Td (4) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 396.50 611.00 Td (4) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 450.50 611.00 Td (3) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.00 611.00 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 550.00 611.00 Td (23) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 597.86 Td (Segment EBIT) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 263.75 598.00 Td (1,225) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.50 598.00 Td (491) Tj ET Q BT /F2 5.85 Tf ET q 0 0 0 rg BT 344.00 602.69 Td (\(3\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.50 598.00 Td (684) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 441.50 598.00 Td (168) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 500.00 598.00 Td (\(70) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 512.00 598.00 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 538.75 598.00 Td (2,498) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 584.86 Td (Net assets) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 263.75 585.00 Td (3,450) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 317.75 585.00 Td (2,441) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 380.75 585.00 Td (2,152) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 434.75 585.00 Td (1,694) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.00 585.00 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 538.75 585.00 Td (9,737) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 571.86 Td (Investments and advances to equity investees) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 270.50 572.00 Td (468) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 324.50 572.00 Td (209) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.50 572.00 Td (164) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 441.50 572.00 Td (140) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.00 572.00 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.50 572.00 Td (981) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 558.86 Td (Capital expenditures) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 270.50 559.00 Td (395) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 329.00 559.00 Td (89) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 387.50 559.00 Td (162) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 446.00 559.00 Td (97) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 503.00 559.00 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 545.50 559.00 Td (743) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 546.00 Td (2013) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 250.00 545.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 294.00 545.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 357.00 545.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 466.00 545.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 522.00 545.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 532.86 Td (External sales) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 250.00 532.86 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 263.75 532.86 Td (8,270) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 294.00 532.86 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 317.75 532.86 Td (3,726) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 357.00 532.86 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 380.75 532.86 Td (3,151) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 411.00 532.86 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 434.75 532.86 Td (2,154) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 466.00 532.86 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 532.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 522.00 532.86 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.25 532.86 Td (17,301) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 519.86 Td (Intersegment sales) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 263.75 519.86 Td (1,743) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 329.00 519.86 Td (23) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 380.75 519.86 Td (1,191) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 441.50 519.86 Td (877) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.75 519.86 Td (\(3,834) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 512.00 519.86 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.00 519.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 59.00 506.86 Td (Total sales) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 259.25 506.86 Td (10,013) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 317.75 506.86 Td (3,749) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 380.75 506.86 Td (4,342) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 434.75 506.86 Td (3,031) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.75 506.86 Td (\(3,834) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 512.00 506.86 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.25 506.86 Td (17,301) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 493.86 Td (Depreciation and amortization) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 162.45 497.94 Td (\(2\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 270.50 493.86 Td (205) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 329.00 493.86 Td (54) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 392.00 493.86 Td (96) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 446.00 493.86 Td (50) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 493.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.50 493.86 Td (405) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 480.86 Td (Research, development and engineering expenses) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 270.50 480.86 Td (416) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 333.50 480.86 Td (6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 387.50 480.86 Td (218) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 446.00 480.86 Td (73) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 480.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.50 480.86 Td (713) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 467.86 Td (Equity, royalty and interest income from investees) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 270.50 467.86 Td (136) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 324.50 467.86 Td (165) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 392.00 467.86 Td (28) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 446.00 467.86 Td (32) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 467.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.50 467.86 Td (361) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 454.86 Td (Interest income) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 275.00 454.86 Td (16) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 333.50 454.86 Td (2) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 396.50 454.86 Td (3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 450.50 454.86 Td (6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 454.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.00 454.86 Td (27) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 441.86 Td (Segment EBIT) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 106.74 445.94 Td (\(3\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 263.75 441.86 Td (1,041) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 324.50 441.86 Td (388) Tj ET Q BT /F2 5.52 Tf ET q 0 0 0 rg BT 344.00 446.32 Td (\(3\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 387.50 441.86 Td (527) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 441.50 441.86 Td (218) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 500.00 441.86 Td (\(14) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 512.00 441.86 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.75 441.86 Td (2,160) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 428.86 Td (Net assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 263.75 428.86 Td (4,323) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 317.75 428.86 Td (1,637) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 380.75 428.86 Td (1,885) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 434.75 428.86 Td (1,801) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 428.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.75 428.86 Td (9,646) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 415.86 Td (Investments and advances to equity investees) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 270.50 415.86 Td (419) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 324.50 415.86 Td (262) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 387.50 415.86 Td (140) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 441.50 415.86 Td (110) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 415.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.50 415.86 Td (931) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 402.86 Td (Capital expenditures) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 270.50 402.86 Td (372) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 329.00 402.86 Td (57) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 387.50 402.86 Td (141) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 441.50 402.86 Td (106) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 402.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.50 402.86 Td (676) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 390.00 Td (2012) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 376.86 Td (External sales) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 250.00 376.86 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 263.75 376.86 Td (9,101) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 294.00 376.86 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 317.75 376.86 Td (3,261) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 357.00 376.86 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 380.75 376.86 Td (2,809) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 411.00 376.86 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 434.75 376.86 Td (2,163) Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 461.00 376.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 466.00 376.86 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 376.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 522.00 376.86 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.25 376.86 Td (17,334) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 363.86 Td (Intersegment sales) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 263.75 363.86 Td (1,632) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 329.00 363.86 Td (16) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 380.75 363.86 Td (1,203) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 434.75 363.86 Td (1,105) Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 461.00 363.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.75 363.86 Td (\(3,956) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 512.00 363.86 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.00 363.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 59.00 350.86 Td (Total sales) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 259.25 350.86 Td (10,733) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 317.75 350.86 Td (3,277) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 380.75 350.86 Td (4,012) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 434.75 350.86 Td (3,268) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 488.75 350.86 Td (\(3,956) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 512.00 350.86 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.25 350.86 Td (17,334) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 337.86 Td (Depreciation and amortization) Tj ET Q BT /F1 9.00 Tf ET BT /F1 5.85 Tf ET q 0 0 0 rg BT 162.45 341.94 Td (\(2\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 270.50 337.86 Td (192) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 329.00 337.86 Td (34) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 392.00 337.86 Td (82) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 446.00 337.86 Td (47) Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 461.00 337.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 337.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.50 337.86 Td (355) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 324.86 Td (Research, development and engineering expenses) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 270.50 324.86 Td (433) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 333.50 324.86 Td (6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 387.50 324.86 Td (213) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 446.00 324.86 Td (76) Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 461.00 324.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 324.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.50 324.86 Td (728) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 311.86 Td (Equity, royalty and interest income from investees) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 270.50 311.86 Td (127) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 324.50 311.86 Td (188) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 392.00 311.86 Td (29) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 446.00 311.86 Td (40) Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 461.00 311.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 311.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.50 311.86 Td (384) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 298.86 Td (Interest income) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 275.00 298.86 Td (11) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 333.50 298.86 Td (2) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 396.50 298.86 Td (3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 450.50 298.86 Td (9) Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 461.00 298.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 298.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.00 298.86 Td (25) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 285.86 Td (Segment EBIT) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 263.75 285.86 Td (1,248) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 324.50 285.86 Td (369) Tj ET Q BT /F2 5.52 Tf ET q 0 0 0 rg BT 344.00 290.32 Td (\(3\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 387.50 285.86 Td (426) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 441.50 285.86 Td (285) Tj ET Q BT /F1 8.50 Tf ET q 0 0 0 rg BT 461.00 285.96 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 500.00 285.86 Td (\(25) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 512.00 285.86 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.75 285.86 Td (2,303) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 272.86 Td (Net assets) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 263.75 272.86 Td (3,373) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 317.75 272.86 Td (1,392) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 380.75 272.86 Td (1,830) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 434.75 272.86 Td (1,582) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 272.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 538.75 272.86 Td (8,177) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 259.86 Td (Investments and advances to equity investees) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 270.50 259.86 Td (401) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 324.50 259.86 Td (281) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 387.50 259.86 Td (127) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 446.00 259.86 Td (88) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 259.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.50 259.86 Td (897) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 53.00 246.86 Td (Capital expenditures) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 270.50 246.86 Td (399) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 329.00 246.86 Td (62) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 387.50 246.86 Td (134) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 446.00 246.86 Td (95) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 503.00 246.86 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 545.50 246.86 Td (690) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 50.00 235.90 Td (____________________________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 50.00 226.92 Td (\(1\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.50 223.30 Td (Includes intersegment sales and profit in inventory eliminations and unallocated corporate expenses. ) Tj ET Q q 0 0 0 rg BT 386.59 223.30 Td (There were no significant unallocated corporate ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.50 213.70 Td (expenses for the years ended ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 157.46 213.70 Td (December31, 2014) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 220.33 213.70 Td ( and 2013. ) Tj ET Q q 0 0 0 rg BT 255.73 213.70 Td (The year ended December31, 2012, included a ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 409.00 213.70 Td ($20 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 446.12 213.70 Td ( char) Tj ET Q q 0 0 0 rg BT 461.74 213.70 Td (ge \() Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 473.95 213.70 Td ($12 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 511.07 213.70 Td ( after) Tj ET Q q 0 0 0 rg BT 527.56 213.70 Td (-tax\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.50 204.10 Td (related to legal matters. ) Tj ET Q q 0 0 0 rg BT 140.43 204.10 Td (The char) Tj ET Q q 0 0 0 rg BT 168.49 204.10 Td (ge was excluded from segment results as it was not considered in our evaluation of operating results for the year ended ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.50 194.50 Td (December31, 2012.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 50.00 185.52 Td (\(2\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.50 181.90 Td (Depreciation and amortization as shown on a segment basis excludes the amortization of debt discount and deferred costs that are included in the ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 63.50 172.30 Td (Consolidated Statements of Income) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 176.59 172.30 Td ( as "Interest expense." ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 249.40 172.30 Td (The amortization of debt discount and deferred costs were ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 437.55 172.30 Td ($3 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 470.66 172.30 Td (, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 474.66 172.30 Td ($2 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 507.78 172.30 Td ( and ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 523.33 172.30 Td ($6 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 556.44 172.30 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.50 162.70 Td (for the years ended December 31, 2014, 2013 and 2012, respectively) Tj ET Q q 0 0 0 rg BT 283.13 162.70 Td (.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 285.13 162.70 Td ( ) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 50.00 153.73 Td (\(3\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.50 150.10 Td (Distribution segment EBIT) Tj ET Q q 0 0 0 rg BT 150.46 150.10 Td ( included gains on the fair value adjustment resulting from the acquisition of controlling interests in North ) Tj ET Q q 0 0 0 rg BT 491.50 150.10 Td (American distributors ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.50 140.50 Td (of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 72.16 140.50 Td ($73 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 109.28 140.50 Td (, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 113.28 140.50 Td ($12 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 150.39 140.50 Td ( and ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 165.94 140.50 Td ($7 million) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 199.05 140.50 Td ( for the periods ended ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 270.81 140.50 Td (December31, 2014) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.68 140.50 Td (, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.68 140.50 Td (2013) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 353.68 140.50 Td (, and ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 371.23 140.50 Td (2012) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.23 140.50 Td (, respectively) Tj ET Q q 0 0 0 rg BT 429.36 140.50 Td (. See Note ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 464.46 140.50 Td (2) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 468.46 140.50 Td (, ") Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 475.72 140.50 Td (ACQUISITIONS) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 531.72 140.50 Td (," for ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.50 130.90 Td (additional information.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 217 0 obj <>] /Rotate 0 /Contents 218 0 R>> endobj 218 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (108) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 742.10 Td ( reconciliation of our segment information to the corresponding amounts in the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 374.93 742.10 Td (Consolidated Statements of Income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.29 742.10 Td ( is shown ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (in the table below:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 141.00 693.60 170.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.00 693.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.00 693.60 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.00 693.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.00 693.60 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.00 693.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 693.60 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 141.00 665.60 170.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.00 665.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.00 665.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.00 665.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.00 665.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 417.00 665.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 421.00 665.60 49.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315 706.6 m 364 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 364 706.6 m 368 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 706.6 m 417 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 417 706.6 m 421 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 706.6 m 470 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315 693.6 m 364 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 693.6 m 417 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 693.6 m 470 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315 665.6 m 364 665.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315 651.6 m 364 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315 649.6 m 364 649.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 665.6 m 417 665.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 651.6 m 417 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 649.6 m 417 649.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 665.6 m 470 665.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 651.6 m 470 651.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 421 649.6 m 470 649.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 143.50 710.33 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.95 710.83 Td (Years ended December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 143.50 697.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 331.00 697.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 384.00 697.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.00 697.83 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.50 684.17 Td (Total EBIT) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 317.50 684.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 337.65 684.28 Td (2,498) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.50 684.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.65 684.17 Td (2,160) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.50 684.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 684.17 Td (2,303) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.50 670.17 Td (Less: Interest expense) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 350.15 670.28 Td (64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.15 670.17 Td (41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 670.17 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.50 655.27 Td (Income before income taxes) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 317.50 655.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 337.65 655.28 Td (2,434) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.50 655.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.65 655.27 Td (2,119) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.50 655.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 655.27 Td (2,271) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 602.60 335.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 602.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 602.60 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 602.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 602.60 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 602.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 602.60 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 574.60 335.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 574.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 574.60 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 574.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 574.60 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 574.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 574.60 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 546.60 335.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 546.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 546.60 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 546.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 546.60 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 546.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 546.60 55.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 615.6 m 444.5 615.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 615.6 m 448.5 615.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 615.6 m 503.5 615.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 615.6 m 507.5 615.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 615.6 m 562.5 615.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 602.6 m 444.5 602.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 602.6 m 503.5 602.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 602.6 m 562.5 602.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 532.6 m 444.5 532.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 519.6 m 444.5 519.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 517.6 m 444.5 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 532.6 m 503.5 532.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 519.6 m 503.5 519.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 517.6 m 503.5 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 532.6 m 562.5 532.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 519.6 m 562.5 519.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 517.6 m 562.5 517.6 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 619.33 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.25 619.83 Td (December31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 606.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.50 606.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.50 606.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 526.50 606.83 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 593.17 Td (Net assets for operating segments) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 392.00 593.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 418.15 593.28 Td (9,737) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 593.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 593.17 Td (9,646) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 593.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 593.17 Td (8,177) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 579.17 Td (Liabilities deducted in arriving at net assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 418.15 579.28 Td (6,009) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 579.17 Td (5,103) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 579.17 Td (4,913) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 565.17 Td (Pension and other postretirement benefit adjustments excluded from net assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 422.30 565.33 Td (\(319) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 440.65 565.28 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.30 565.22 Td (\(346) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 565.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 565.22 Td (\(977) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 565.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 551.17 Td (Deferred tax assets not allocated to segments) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 425.65 551.28 Td (314) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 551.17 Td (292) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 551.17 Td (410) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 537.17 Td (Debt-related costs not allocated to segments) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 430.65 537.28 Td (35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 537.17 Td (33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 537.17 Td (25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 523.17 Td (Total assets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 392.00 523.28 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 413.15 523.28 Td (15,776) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 523.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 523.17 Td (14,728) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 523.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 523.17 Td (12,548) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 499.10 Td (The tables below present certain segment information by geographic area. Net sales attributed to geographic areas were based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 487.10 Td (on the location of the customer) Tj ET Q q 0 0 0 rg BT 173.58 487.10 Td (. Long-lived assets include property) Tj ET Q q 0 0 0 rg BT 316.50 487.10 Td (, plant and equipment, net of depreciation, investments and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 475.10 Td (advances to equity investees and other assets, excluding deferred tax assets, refundable taxes and deferred debt expenses.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 145.00 438.60 144.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.00 438.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 438.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 438.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.00 438.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.00 438.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.00 438.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 145.00 412.60 144.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.00 412.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 412.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 412.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.00 412.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.00 412.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.00 412.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 145.00 386.60 144.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.00 386.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 386.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 386.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.00 386.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.00 386.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.00 386.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 145.00 360.60 144.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.00 360.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 360.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 360.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.00 360.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.00 360.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.00 360.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 145.00 334.60 144.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.00 334.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 334.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 334.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.00 334.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.00 334.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.00 334.60 55.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 451.6 m 348 451.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 451.6 m 352 451.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352 451.6 m 407 451.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 451.6 m 411 451.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 451.6 m 466 451.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 145 438.6 m 289 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 438.6 m 348 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352 438.6 m 407 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 438.6 m 466 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352 438.6 m 407 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 438.6 m 466 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 334.6 m 348 334.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 322.6 m 348 322.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 320.6 m 348 320.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352 334.6 m 407 334.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352 322.6 m 407 322.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352 320.6 m 407 320.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 334.6 m 466 334.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 322.6 m 466 322.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 320.6 m 466 320.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 147.50 455.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 333.95 455.83 Td (Years ended December31,) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 147.50 442.83 Td (Net Sales) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 312.00 442.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.00 442.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.00 442.83 Td (2012) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 147.50 429.51 Td (United States) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 295.50 429.67 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 318.15 429.67 Td (10,058) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 354.50 429.51 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 381.90 429.51 Td (8,382) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 413.50 429.51 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 440.90 429.51 Td (8,107) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 147.50 416.51 Td (China) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 322.90 416.67 Td (1,446) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 381.90 416.51 Td (1,194) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 440.90 416.51 Td (1,056) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 147.50 403.51 Td (Canada) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 330.05 403.67 Td (771) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 389.05 403.51 Td (655) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 448.05 403.51 Td (642) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 147.50 390.51 Td (Brazil) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 330.05 390.67 Td (730) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 389.05 390.51 Td (882) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 448.05 390.51 Td (798) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 147.50 377.51 Td (India) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 330.05 377.67 Td (546) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 389.05 377.51 Td (630) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 448.05 377.51 Td (757) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 147.50 364.51 Td (Mexico) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 330.05 364.67 Td (561) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 389.05 364.51 Td (556) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 448.05 364.51 Td (692) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 147.50 351.51 Td (United Kingdom) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 330.05 351.67 Td (479) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 389.05 351.51 Td (453) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 448.05 351.51 Td (660) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 147.50 338.51 Td (Other foreign countries) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 322.90 338.67 Td (4,630) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 381.90 338.51 Td (4,549) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 440.90 338.51 Td (4,622) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 159.50 325.51 Td (Total net sales) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 295.50 325.67 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 318.15 325.67 Td (19,221) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 354.50 325.51 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 377.15 325.51 Td (17,301) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 413.50 325.51 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 436.15 325.51 Td (17,334) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 145.00 282.60 144.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.00 282.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 282.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 282.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.00 282.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.00 282.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.00 282.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 145.00 256.60 144.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.00 256.60 4.00 -13.00 re f /GS0 gs 0.8 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0.9333333333333333 1 rg /GS0 gs 289.00 204.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 204.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 204.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.00 204.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.00 204.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.00 204.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 145.00 178.60 144.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.00 178.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 178.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 178.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.00 178.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.00 178.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.00 178.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 145.00 152.60 144.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.00 152.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 152.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 152.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.00 152.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.00 152.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.00 152.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 145.00 126.60 144.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.00 126.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 126.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 126.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.00 126.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.00 126.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.00 126.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 145.00 100.60 144.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.00 100.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 100.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 100.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.00 100.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.00 100.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.00 100.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 145.00 74.60 144.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 289.00 74.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 74.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.00 74.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 352.00 74.60 55.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 407.00 74.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 411.00 74.60 55.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 295.6 m 348 295.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348 295.6 m 352 295.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352 295.6 m 407 295.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 407 295.6 m 411 295.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 295.6 m 466 295.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 145 282.6 m 289 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 282.6 m 348 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352 282.6 m 407 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 282.6 m 466 282.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 61.60000000000002 m 348 61.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 49.60000000000002 m 348 49.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 293 47.60000000000002 m 348 47.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352 61.60000000000002 m 407 61.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352 49.60000000000002 m 407 49.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 352 47.60000000000002 m 407 47.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 61.60000000000002 m 466 61.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 49.60000000000002 m 466 49.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 411 47.60000000000002 m 466 47.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 147.50 299.83 Td (In millions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 355.75 299.83 Td (December 31,) Tj ET Q BT /F4 8.00 Tf ET q 0 0 0 rg BT 147.50 286.83 Td (Long-lived assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 312.00 286.83 Td (2014) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.00 286.83 Td (2013) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.00 286.83 Td (2012) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 147.50 273.51 Td (United States) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 295.50 273.67 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 322.90 273.67 Td (2,949) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 354.50 273.51 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 381.90 273.51 Td (2,606) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 413.50 273.51 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 440.90 273.51 Td (2,440) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 147.50 260.51 Td (China) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 330.05 260.67 Td (692) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 389.05 260.51 Td (646) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 448.05 260.51 Td (589) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 147.50 247.51 Td (India) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 330.05 247.67 Td (391) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 389.05 247.51 Td (330) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 448.05 247.51 Td (243) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 147.50 234.51 Td (United Kingdom) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 330.05 234.67 Td (339) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 389.05 234.51 Td (319) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 448.05 234.51 Td (339) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 147.50 221.51 Td (Brazil) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 330.05 221.67 Td (161) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 389.05 221.51 Td (172) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 448.05 221.51 Td (170) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 147.50 208.51 Td (Netherlands) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 330.05 208.67 Td (156) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 389.05 208.51 Td (138) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 448.05 208.51 Td (130) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 147.50 195.51 Td (Canada) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 330.05 195.67 Td (126) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 393.80 195.51 Td (68) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 452.80 195.51 Td (69) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 147.50 182.51 Td (Mexico) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 334.80 182.67 Td (96) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 393.80 182.51 Td (87) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 452.80 182.51 Td (77) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 147.50 169.51 Td (Germany) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 334.80 169.67 Td (79) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 393.80 169.51 Td (69) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 452.80 169.51 Td (49) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 147.50 156.51 Td (Korea) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 334.80 156.67 Td (34) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 393.80 156.51 Td (37) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 452.80 156.51 Td (37) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 147.50 143.51 Td (Romania) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 334.80 143.67 Td (31) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 393.80 143.51 Td (27) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 452.80 143.51 Td (15) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 147.50 130.51 Td (Turkey) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 334.80 130.67 Td (30) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 393.80 130.51 Td (28) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 452.80 130.51 Td (29) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 147.50 117.51 Td (Australia) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 334.80 117.67 Td (17) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 393.80 117.51 Td (18) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 452.80 117.51 Td (25) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 147.50 104.51 Td (United Arab Emirates) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 334.80 104.67 Td (16) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 393.80 104.51 Td (15) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 452.80 104.51 Td (16) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 147.50 91.51 Td (Singapore) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 334.80 91.67 Td (13) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 393.80 91.51 Td (17) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 452.80 91.51 Td (16) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 147.50 78.51 Td (France) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 334.80 78.67 Td (12) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 393.80 78.51 Td (13) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 452.80 78.51 Td (13) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 147.50 65.51 Td (Other foreign countries) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 334.80 65.67 Td (42) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 393.80 65.51 Td (34) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 452.80 65.51 Td (33) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 159.50 52.51 Td (Total long-lived assets) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 295.50 52.67 Td ($) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 322.90 52.67 Td (5,184) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 354.50 52.51 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 381.90 52.51 Td (4,624) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 413.50 52.51 Td ($) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 440.90 52.51 Td (4,290) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 219 0 obj <>] /Rotate 0 /Contents 220 0 R>> endobj 220 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (109) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Our lar) Tj ET Q q 0 0 0 rg BT 78.42 742.10 Td (gest customer is P) Tj ET Q q 0 0 0 rg BT 150.00 742.10 Td (ACCARInc. ) Tj ET Q q 0 0 0 rg BT 204.54 742.10 Td (W) Tj ET Q q 0 0 0 rg BT 213.17 742.10 Td (orldwide sales to this customer were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.47 742.10 Td ($2,706 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.36 742.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.14 742.10 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.14 742.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.14 742.10 Td ($2,085 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.03 742.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.81 742.10 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.81 742.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.94 730.10 Td ($2,232 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.83 730.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.61 730.10 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.61 730.10 Td (, representing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.53 730.10 Td (14 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.46 730.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.46 730.10 Td (12 percent) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.38 730.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf 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No ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (other customer accounted for more than 10 percent of consolidated net sales.) 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i [] 0 d 0 J 0 j 3 M 457.5 683.75 m 512.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 683.75 m 516.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 683.75 m 571.5 683.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 358.25 708.83 Td (First) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 352.55 700.83 Td (Quarter) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 413.25 708.83 Td (Second) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.55 700.83 Td (Quarter) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.45 708.83 Td (Third) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.55 700.83 Td (Quarter) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 531.50 708.83 Td (Fourth) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.55 700.83 Td (Quarter) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 687.98 Td (In millions, except per share amounts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 447.00 687.98 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 674.32 Td (Net sales) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 342.00 674.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 368.15 674.43 Td (4,406) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 401.00 674.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.15 674.43 Td (4,835) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 460.00 674.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.15 674.43 Td (4,890) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 519.00 674.43 Td ($) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 545.15 674.43 Td (5,090) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 660.32 Td (Gross mar) Tj ET Q q 0 0 0 rg BT 94.20 660.32 Td (gin ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 109.48 664.85 Td (\(1\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 368.15 660.43 Td (1,099) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 427.15 660.43 Td (1,205) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 486.15 660.43 Td (1,284) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 545.15 660.43 Td (1,273) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 646.32 Td (Net 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0.9333333333333333 1 rg /GS0 gs 453.50 422.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 457.50 422.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 422.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 516.50 422.75 55.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 339.5 534.75 m 394.5 534.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 534.75 m 398.5 534.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 398.5 534.75 m 453.5 534.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 534.75 m 457.5 534.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 457.5 534.75 m 512.5 534.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 534.75 m 516.5 534.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 516.5 534.75 m 571.5 534.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 538.48 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 447.00 538.98 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 525.32 Td (Net sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.00 525.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.15 525.32 Td (3,922) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 525.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.15 525.32 Td (4,525) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.00 525.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.15 525.32 Td (4,266) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.00 525.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.15 525.32 Td (4,588) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 511.32 Td (Gross mar) Tj ET Q q 0 0 0 rg BT 94.20 511.32 Td (gin ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 109.48 515.85 Td (\(1\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.65 511.32 Td (934) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.15 511.32 Td (1,128) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.15 511.32 Td (1,081) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.15 511.32 Td (1,137) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 497.32 Td (Net income attributable to CumminsInc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.65 497.32 Td (282) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.65 497.32 Td (414) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 497.32 Td (355) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 497.32 Td (432) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 483.32 Td (Earnings per common share attributable to CumminsInc.basic ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.50 Tf ET q 0 0 0 rg BT 315.44 487.85 Td (\(2\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.00 483.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 483.32 Td (1.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 483.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.15 483.32 Td (2.20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.00 483.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 483.32 Td (1.91) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.00 483.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.15 483.32 Td (2.33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 469.32 Td (Earnings per common share attributable to CumminsInc.diluted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 469.32 Td (1.49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.15 469.32 Td (2.20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 469.32 Td (1.90) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.15 469.32 Td (2.32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 455.32 Td (Cash dividends per share) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.15 455.32 Td (0.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.15 455.32 Td (0.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.15 455.32 Td (0.625) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.15 455.32 Td (0.625) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 441.32 Td (Stock price per share) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.00 441.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 441.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.00 441.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.00 441.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 427.32 Td (High) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.00 427.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 427.32 Td (122.54) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.00 427.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.15 427.32 Td (122.32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.00 427.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.15 427.32 Td (136.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.00 427.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.15 427.32 Td (141.39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 413.32 Td (Low) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 413.32 Td (109.19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.15 413.32 Td (103.41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.15 413.32 Td (107.51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.15 413.32 Td (122.52) Tj ET Q BT /F1 10.00 Tf ET BT /F1 6.00 Tf ET q 0 0 0 rg BT 50.00 402.05 Td (___________________________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 50.00 393.07 Td (\(1\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 389.45 Td (W) Tj ET Q q 0 0 0 rg BT 65.91 389.45 Td (e revised the classification of certain amounts for "Cost of sales" and "Selling, general and administrative expenses" for the first and second quarters of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 379.85 Td (2014 and all four quarters in 2013. ) Tj ET Q q 0 0 0 rg BT 171.72 379.85 Td (The segment EBIT) Tj ET Q q 0 0 0 rg BT 232.45 379.85 Td ( performance measure is unchanged, however) Tj ET Q q 0 0 0 rg BT 378.73 379.85 Td (, certain activities that were previously classified in ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 370.25 Td ("Selling, general and administrative expenses" are now classified as "Cost of sales". ) Tj ET Q q 0 0 0 rg BT 329.63 370.25 Td (The reclassifications for 2014 were $17 million and $22 million for the ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 360.65 Td (first and second quarters, respectively) Tj ET Q q 0 0 0 rg BT 179.55 360.65 Td (, while the reclassifications for 2013 were $23 million, $25 million, $28 million and $27 million for each sequential ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 351.05 Td (quarter) Tj ET Q q 0 0 0 rg BT 81.33 351.05 Td (, respectively) Tj ET Q q 0 0 0 rg BT 123.46 351.05 Td (. ) Tj ET Q q 0 0 0 rg BT 127.32 351.05 Td (The revision had no impact on reported net income, cash flows or the balance sheet. See ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 411.66 351.05 Td (NOTE 1) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 438.99 351.05 Td (, ") Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 446.26 351.05 Td (SUMMAR) Tj ET Q q 0 0 0 rg BT 481.38 351.05 Td (Y) Tj ET Q q 0 0 0 rg BT 486.86 351.05 Td ( OF SIGNIFICANT) Tj ET Q q 0 0 0 rg BT 551.17 351.05 Td ( ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 341.45 Td (ACCOUNTING POLICIES) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 149.00 341.45 Td (," to our ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 177.15 341.45 Td (Consolidated Financial Statements) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 289.59 341.45 Td ( for additional detail.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 356.68 345.07 Td ( ) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 50.00 332.48 Td (\(2\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 328.85 Td (Earnings per share in each quarter is computed using the weighted-average number of shares outstanding during that quarter while earnings per share for the ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 319.25 Td (full year is computed using the weighted-average number of shares outstanding during the year) Tj ET Q q 0 0 0 rg BT 363.13 319.25 Td (. ) Tj ET Q q 0 0 0 rg BT 366.99 319.25 Td (Thus, the sum of the four quarters earnings per share may ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 59.00 309.65 Td (not equal the full year earnings per share.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 289.65 Td (At December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.08 289.65 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.08 289.65 Td (, there were approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.76 289.65 Td (3,731) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.26 289.65 Td ( holders of record of CumminsInc.'s $2.50 par value common stock.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 223 0 obj <>] /Rotate 0 /Contents 224 0 R>> endobj 224 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.85 31.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.48 31.60 Td (1) Tj ET Q q 0 0 0 rg BT 308.11 31.60 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (ITEM 9.Changes in and Disagr) Tj ET Q q 0 0 0 rg BT 193.46 742.25 Td (eements with ) Tj ET Q q 0 0 0 rg BT 251.23 742.25 Td (Accountants on ) Tj ET Q q 0 0 0 rg BT 319.57 742.25 Td (Accounting and Financial Disclosur) Tj ET Q q 0 0 0 rg BT 471.91 742.25 Td (e) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (None. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (ITEM 9A.Contr) Tj ET Q q 0 0 0 rg BT 129.26 694.25 Td (ols and Pr) Tj ET Q q 0 0 0 rg BT 172.42 694.25 Td (ocedur) Tj ET Q q 0 0 0 rg BT 201.68 694.25 Td (es) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 674.25 Td (Evaluation of Disclosur) Tj ET Q q 0 0 0 rg BT 149.83 674.25 Td (e Contr) Tj ET Q q 0 0 0 rg BT 182.14 674.25 Td (ols and Pr) Tj ET Q q 0 0 0 rg BT 225.30 674.25 Td (ocedur) Tj ET Q q 0 0 0 rg BT 254.56 674.25 Td (es) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 654.25 Td (As of the end of the period covered by this ) Tj ET Q q 0 0 0 rg BT 222.73 654.25 Td (Annual Report on Form10-K, our management evaluated, with the participation of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 642.25 Td (our Chief Executive Of) Tj ET Q q 0 0 0 rg BT 143.40 642.25 Td (ficer and Chief Financial Of) Tj ET Q q 0 0 0 rg BT 255.95 642.25 Td (ficer) Tj ET Q q 0 0 0 rg BT 273.87 642.25 Td (, the ef) Tj ET Q q 0 0 0 rg BT 301.17 642.25 Td (fectiveness of the design and operation of our disclosure controls ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 630.25 Td (and procedures as defined in Exchange ) Tj ET Q q 0 0 0 rg BT 208.27 630.25 Td (Act Rules13a-15\(e\) and 15d-15\(e\). Based upon that evaluation, our Chief Executive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 618.25 Td (Of) Tj ET Q q 0 0 0 rg BT 60.37 618.25 Td (ficer and our Chief Financial Of) Tj ET Q q 0 0 0 rg BT 188.75 618.25 Td (ficer concluded that our disclosure controls and procedures were ef) Tj ET Q q 0 0 0 rg BT 457.08 618.25 Td (fective as of the end of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 606.25 Td (the period covered by this ) Tj ET Q q 0 0 0 rg BT 155.81 606.25 Td (Annual Report on Form10-K.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (Changes in Internal Contr) Tj ET Q q 0 0 0 rg BT 162.89 586.25 Td (ol over) Tj ET Q q 0 0 0 rg BT 191.86 586.25 Td ( Financial Reporting) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.25 Td (There has been no change in our internal control over financial reporting during the quarter ended December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.32 566.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.32 566.25 Td (, that has ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 554.25 Td (materially af) Tj ET Q q 0 0 0 rg BT 100.63 554.25 Td (fected, or is reasonably likely to materially af) Tj ET Q q 0 0 0 rg BT 282.04 554.25 Td (fect, our internal control over financial reporting.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 534.25 Td (Management's Report on Internal Contr) Tj ET Q q 0 0 0 rg BT 223.69 534.25 Td (ol Over) Tj ET Q q 0 0 0 rg BT 255.44 534.25 Td ( Financial Reporting) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (The information required by Item9A) Tj ET Q q 0 0 0 rg BT 198.57 514.25 Td ( relating to Management's ) Tj ET Q q 0 0 0 rg BT 304.23 514.25 Td (Annual Report on Internal Control Over Financial Reporting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (and ) Tj ET Q q 0 0 0 rg BT 66.39 502.25 Td (Attestation Report of the Registered Public ) Tj ET Q q 0 0 0 rg BT 240.80 502.25 Td (Accounting Firm is incorporated herein by reference to the information set forth ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (under the captions "Management's Report on Internal Control Over Financial Reporting" and "Report of Independent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (Registered Public ) Tj ET Q q 0 0 0 rg BT 122.77 478.25 Td (Accounting Firm," respectively) Tj ET Q q 0 0 0 rg BT 248.12 478.25 Td (, under Item8.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 450.25 Td (ITEM 9B.Other) Tj ET Q q 0 0 0 rg BT 128.71 450.25 Td ( Information) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (None.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 285.90 402.25 Td (P) Tj ET Q q 0 0 0 rg BT 291.27 402.25 Td (AR) Tj ET Q q 0 0 0 rg BT 305.36 402.25 Td (T) Tj ET Q q 0 0 0 rg BT 311.85 402.25 Td ( III) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 374.25 Td (ITEM 10.Dir) Tj ET Q q 0 0 0 rg BT 115.93 374.25 Td (ectors, Executive Officers and Corporate Governance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 354.25 Td (The information required by Item10 is incorporated by reference to the relevant information under the captions "Corporate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 342.25 Td (Governance," "Election of Directors" and "Other InformationSection16\(a\) Beneficial Ownership Reporting Compliance" in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 330.25 Td (our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.83 330.25 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.83 330.25 Td ( Proxy Statement, which will be filed within 120days after the end of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.16 330.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.16 330.25 Td (. Information regarding our executive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 318.25 Td (of) Tj ET Q q 0 0 0 rg BT 58.15 318.25 Td (ficers may be found in Part1 of this annual report under the caption "Executive Of) Tj ET Q q 0 0 0 rg BT 388.89 318.25 Td (ficers of the Registrant." Except as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 306.25 Td (otherwise specifically incorporated by reference, our Proxy Statement is not deemed to be filed as part of this annual report.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 278.25 Td (ITEM 1) Tj ET Q q 0 0 0 rg BT 83.62 278.25 Td (1.Executive Compensation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 258.25 Td (The information required by Item1) Tj ET Q q 0 0 0 rg BT 191.53 258.25 Td (1 is incorporated by reference to the relevant information under the caption "Executive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 246.25 Td (Compensation" in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.46 246.25 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.46 246.25 Td ( Proxy Statement, which will be filed within 120days after the end of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.79 246.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.79 246.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 225 0 obj <>] /Rotate 0 /Contents 226 0 R>> endobj 226 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 31.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 31.60 Td (12) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (ITEM 12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder) Tj ET Q q 0 0 0 rg BT 498.69 742.25 Td ( Matters) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (Information concerning our equity compensation plans at December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.46 722.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.46 722.25 Td (, was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 55.50 666.75 187.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 666.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 666.75 98.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 666.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 666.75 85.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 666.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 666.75 118.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 55.50 616.75 187.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 616.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 616.75 98.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 616.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 616.75 85.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 616.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 616.75 118.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 666.75 m 344.5 666.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 666.75 m 433.5 666.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 666.75 m 555.5 666.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 616.75 m 344.5 616.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 602.75 m 344.5 602.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 600.75 m 344.5 600.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 616.75 m 433.5 616.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 602.75 m 433.5 602.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 600.75 m 433.5 600.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 616.75 m 555.5 616.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 602.75 m 555.5 602.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 600.75 m 555.5 600.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 58.00 670.98 Td (Plan Category) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.15 694.98 Td (Number) Tj ET Q q 0 0 0 rg BT 278.45 694.98 Td ( of securities to be) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 256.05 686.98 Td (issued upon exer) Tj ET Q q 0 0 0 rg BT 312.80 686.98 Td (cise of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 260.30 678.98 Td (outstanding options,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 257.95 670.98 Td (warrants and rights) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 325.95 674.61 Td (\(1\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.60 694.98 Td (W) Tj ET Q q 0 0 0 rg BT 367.16 694.98 Td (eighted-average) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 363.00 686.98 Td (exer) Tj ET Q q 0 0 0 rg BT 377.51 686.98 Td (cise price of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 355.80 678.98 Td (outstanding options,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 353.45 670.98 Td (warrants and rights) Tj ET Q BT /F2 8.00 Tf ET BT /F2 5.20 Tf ET q 0 0 0 rg BT 421.45 674.61 Td (\(2\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.00 702.98 Td (Number) Tj ET Q q 0 0 0 rg BT 470.30 702.98 Td ( of securities r) Tj ET Q q 0 0 0 rg BT 518.36 702.98 Td (emaining) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 447.80 694.98 Td (available for) Tj ET Q q 0 0 0 rg BT 490.54 694.98 Td ( futur) Tj ET Q q 0 0 0 rg BT 510.17 694.98 Td (e issuance) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 449.60 686.98 Td (under) Tj ET Q q 0 0 0 rg BT 469.90 686.98 Td ( equity compensation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 451.10 678.98 Td (plans \(excluding securities) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 447.40 670.98 Td (r) Tj ET Q q 0 0 0 rg BT 450.81 670.98 Td (eflected in the first column\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 656.42 Td (Equity compensation plans approved by) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 646.42 Td (security holders) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.65 646.42 Td (2,104,692) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.00 646.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 646.42 Td (108.30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.65 646.42 Td (2,434,746) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 631.42 Td (Equity compensation plans not approved by) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 621.42 Td (security holders) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.65 621.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.65 621.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 621.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 606.42 Td (Total) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.65 606.42 Td (2,104,692) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.00 606.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 606.42 Td (108.30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.65 606.42 Td (2,434,746) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 592.65 Td ( ) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 54.00 592.65 Td (________________________________________________) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 54.50 586.67 Td (\(1\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.50 583.05 Td (The number is comprised of ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 155.70 583.05 Td (1,626,724) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 187.70 583.05 Td ( stock options, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 236.14 583.05 Td (466,693) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 262.14 583.05 Td ( performance shares and ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 342.11 583.05 Td (1) Tj ET Q q 0 0 0 rg BT 345.81 583.05 Td (1,275) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 363.81 583.05 Td ( restricted shares. Refer to ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 449.55 583.05 Td (NOTE 16) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 480.88 583.05 Td (, ") Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 488.14 583.05 Td (ST) Tj ET Q q 0 0 0 rg BT 497.34 583.05 Td (OCK INCENTIVE ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.50 573.45 Td (AND ST) Tj ET Q q 0 0 0 rg BT 92.02 573.45 Td (OCK OPTION PLANS) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 167.59 573.45 Td (," to the ) Tj ET Q BT /F3 8.00 Tf ET q 0 0 0 rg BT 194.85 573.45 Td (Consolidated Financial Statements) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 307.28 573.45 Td ( for a description of how options and shares are awarded.) Tj ET Q BT /F1 8.00 Tf ET BT /F1 5.20 Tf ET q 0 0 0 rg BT 54.50 567.48 Td (\(2\) ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.50 563.85 Td (The weighted-average exercise price relates only to the ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 242.08 563.85 Td (1,626,724) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 274.08 563.85 Td ( stock options. Performance and restricted shares do not have an exercise price and, ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 63.50 554.25 Td (therefore, are not included in this calculation.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 534.25 Td (The remaining information required by Item12 is incorporated by reference to the relevant information under the caption ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 522.25 Td ("Stock Ownership of Directors, Management and Others" in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.77 522.25 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.77 522.25 Td ( Proxy Statement, which will be filed within 120days ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 510.25 Td (after the end of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.30 510.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.30 510.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 482.25 Td (ITEM 13.Certain Relationships, Related ) Tj ET Q q 0 0 0 rg BT 234.82 482.25 Td (T) Tj ET Q q 0 0 0 rg BT 240.75 482.25 Td (ransactions and Dir) Tj ET Q q 0 0 0 rg BT 325.02 482.25 Td (ector) Tj ET Q q 0 0 0 rg BT 346.48 482.25 Td ( Independence) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 462.25 Td (The information required by Item13 is incorporated by reference to the relevant information under the captions "Corporate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 450.25 Td (Governance" and "Other InformationRelated Party ) Tj ET Q q 0 0 0 rg BT 265.41 450.25 Td (T) Tj ET Q q 0 0 0 rg BT 271.17 450.25 Td (ransactions" in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.84 450.25 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.84 450.25 Td ( Proxy Statement, which will be filed within ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 438.25 Td (120days after the end of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.63 438.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.63 438.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 410.25 Td (ITEM 14.Principal ) Tj ET Q q 0 0 0 rg BT 143.06 410.25 Td (Accounting Fees and Services) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 390.25 Td (The information required by Item14 is incorporated by reference to the relevant information under the caption "Selection of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 378.25 Td (Independent Public ) Tj ET Q q 0 0 0 rg BT 129.43 378.25 Td (Accountants" in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.10 378.25 Td (2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.10 378.25 Td ( Proxy Statement, which will be filed within 120days after the end of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.43 378.25 Td (2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.43 378.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 286.30 350.25 Td (P) Tj ET Q q 0 0 0 rg BT 291.67 350.25 Td (AR) Tj ET Q q 0 0 0 rg BT 305.76 350.25 Td (T) Tj ET Q q 0 0 0 rg BT 312.25 350.25 Td ( IV) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 322.25 Td (ITEM 15.Exhibits and Financial Statement Schedules) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 301.25 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 301.25 Td (The following ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 127.43 301.25 Td (Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.98 301.25 Td ( and schedules filed as part of this report can be found in Item8 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 289.25 Td ("Financial Statements and Supplementary Data":) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 269.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 104.00 269.25 Td (Management's Report to Shar) Tj ET Q q 0 0 0 rg BT 232.97 269.25 Td (eholders) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.08 269.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 249.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 104.00 249.25 Td (Report of Independent Register) Tj ET Q q 0 0 0 rg BT 239.08 249.25 Td (ed Public ) Tj ET Q q 0 0 0 rg BT 280.76 249.25 Td (Accounting Firm) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.80 249.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 229.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 104.00 229.25 Td (Consolidated Statements of Income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.84 229.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 252.34 229.25 Td (for) Tj ET Q q 0 0 0 rg BT 264.93 229.25 Td ( the years ended December) Tj ET Q q 0 0 0 rg BT 379.71 229.25 Td (31, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.21 229.25 Td (2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 417.21 229.25 Td (, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 422.21 229.25 Td (2013) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.21 229.25 Td ( and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 463.34 229.25 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.34 229.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 209.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 104.00 209.25 Td (Consolidated Statements of Comprehensive Income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.23 209.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 318.73 209.25 Td (for) Tj ET Q q 0 0 0 rg BT 331.31 209.25 Td ( the years ended December) Tj ET Q q 0 0 0 rg BT 446.10 209.25 Td (31, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 463.60 209.25 Td (2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 483.60 209.25 Td (, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 488.60 209.25 Td (2013) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.60 209.25 Td ( and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 529.72 209.25 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.72 209.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 189.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 104.00 189.25 Td (Consolidated Balance Sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.45 189.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 225.95 189.25 Td (at December) Tj ET Q q 0 0 0 rg BT 279.91 189.25 Td (31, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 297.41 189.25 Td (2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 317.41 189.25 Td ( and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 338.53 189.25 Td (2013) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.53 189.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 169.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 104.00 169.25 Td (Consolidated Statements of Cash Flows) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.36 169.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 269.86 169.25 Td (for) Tj ET Q q 0 0 0 rg BT 282.45 169.25 Td ( the years ended December) Tj ET Q q 0 0 0 rg BT 397.24 169.25 Td (31, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 414.74 169.25 Td (2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 434.74 169.25 Td (, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 439.74 169.25 Td (2013) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 459.74 169.25 Td ( and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 480.86 169.25 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.86 169.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 149.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 104.00 149.25 Td (Consolidated Statements of Changes in Equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.42 149.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 297.92 149.25 Td (for) Tj ET Q q 0 0 0 rg BT 310.51 149.25 Td ( the years ended December) Tj ET Q q 0 0 0 rg BT 425.29 149.25 Td (31, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 442.79 149.25 Td (2014) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 462.79 149.25 Td (, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 467.79 149.25 Td (2013) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 487.79 149.25 Td ( and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 508.92 149.25 Td (2012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.92 149.25 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 129.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 104.00 129.25 Td (Notes to Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 109.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 104.00 109.25 Td (Selected Quarterly Financial Data \(Unaudited\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 88.25 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 88.25 Td (See Exhibit Index at the end of this ) Tj ET Q q 0 0 0 rg BT 210.75 88.25 Td (Annual Report on Form10-K.) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 227 0 obj <>] /Rotate 0 /Contents 228 0 R>> endobj 228 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 31.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 31.60 Td (13) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 273.85 742.25 Td (SIGNA) Tj ET Q q 0 0 0 rg BT 304.78 742.25 Td (TURES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.25 Td (Pursuant to the requirements of Section13 or 15\(d\) of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 366.87 722.25 Td (Act of 1934, the registrant has duly caused this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (report to be signed on its behalf by the undersigned, thereunto duly authorized.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 85.5 669.75 m 285.5 669.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 361.5 669.75 m 561.5 669.75 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 689.42 Td (CUMMINSINC.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 674.42 Td (By:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.30 674.42 Td (/s/ PATRICK J. WARD) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.00 675.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.00 674.42 Td (By:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.30 674.42 Td (/s/MARSHA L. HUNT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.50 659.47 Td (Patrick J. ) Tj ET Q q 0 0 0 rg BT 194.04 659.47 Td (W) Tj ET Q q 0 0 0 rg BT 202.67 659.47 Td (ard) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.05 649.47 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 100.55 649.47 Td (V) Tj ET Q q 0 0 0 rg BT 105.92 649.47 Td (ice Pr) Tj ET Q q 0 0 0 rg BT 129.70 649.47 Td (esident and Chief Financial Officer) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 126.65 639.46 Td (\(Principal Financial Officer\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.00 639.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.20 659.47 Td (Marsha L. Hunt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.55 649.47 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 386.05 649.47 Td (V) Tj ET Q q 0 0 0 rg BT 391.42 649.47 Td (ice Pr) Tj ET Q q 0 0 0 rg BT 415.20 649.47 Td (esidentCorporate Contr) Tj ET Q q 0 0 0 rg BT 519.56 649.47 Td (oller) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 399.40 639.46 Td (\(Principal ) Tj ET Q q 0 0 0 rg BT 442.82 639.46 Td (Accounting Officer\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 609.42 Td (Date:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.00 609.42 Td (February 17, 2015) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 585.25 Td (Pursuant to the requirements of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 276.05 585.25 Td (Act of 1934, this report has been signed below by the following ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 573.25 Td (persons on behalf of the registrant and in the capacities and on the dates indicated.) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 524.75 m 188.5 524.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 484.75 m 188.5 484.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 444.75 m 188.5 444.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 414.75 m 188.5 414.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 384.75 m 188.5 384.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 354.75 m 188.5 354.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 324.75 m 188.5 324.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 294.75 m 188.5 294.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 264.75 m 188.5 264.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 234.75 m 188.5 234.75 l s BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 100.3 552.730078125 m 136.6046875 552.730078125 l s q 0 0 0 rg BT 100.30 553.98 Td (Signatures) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 195.00 553.98 Td () Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 326.55 552.730078125 m 342.4015625 552.730078125 l s q 0 0 0 rg BT 326.55 553.98 Td (Title) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.00 553.98 Td () Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 513 552.730078125 m 528.9921875 552.730078125 l s q 0 0 0 rg BT 513.00 553.98 Td (Date) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.45 529.42 Td (/s/ N. THOMAS LINEBARGER) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.00 524.42 Td (Chairman of the Board of Directors and Chief Executive Officer) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.00 514.42 Td (\(Principal Executive Officer\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.20 527.37 Td (February 17, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.25 514.42 Td (N. Thomas Linebarger) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.00 514.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.00 514.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.80 489.42 Td (/s/ PATRICK J. WARD) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.00 484.42 Td (V) Tj ET Q q 0 0 0 rg BT 211.62 484.42 Td (ice President and Chief Financial Of) Tj ET Q q 0 0 0 rg BT 357.23 484.42 Td (ficer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.00 474.42 Td (\(Principal Financial Of) Tj ET Q q 0 0 0 rg BT 297.02 474.42 Td (ficer\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.20 487.37 Td (February 17, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.00 474.42 Td (Patrick J. Ward) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.00 474.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.00 474.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.80 449.42 Td (/s/MARSHA L. HUNT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.00 444.42 Td (V) Tj ET Q q 0 0 0 rg BT 211.62 444.42 Td (ice PresidentCorporate Controller ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.00 434.42 Td (\(Principal ) Tj ET Q q 0 0 0 rg BT 246.38 434.42 Td (Accounting Of) Tj ET Q q 0 0 0 rg BT 305.91 434.42 Td (ficer\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.20 447.37 Td (February 17, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.70 434.42 Td (Marsha L. Hunt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.00 434.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.00 434.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 419.42 Td (*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.20 412.37 Td (February 17, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.55 404.42 Td (Robert J. Bernhard) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.00 404.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.00 404.42 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.00 404.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 389.42 Td (*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.20 382.37 Td (February 17, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.30 374.42 Td (Franklin R. Chang-Diaz) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.00 374.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.00 374.42 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.00 374.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 359.42 Td (*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.20 352.37 Td (February 17, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.25 344.42 Td (Stephen B. Dobbs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.00 344.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.00 344.42 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.00 344.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 329.42 Td (*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.20 322.37 Td (February 17, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.90 314.42 Td (Robert K. Herdman) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.00 314.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.00 314.42 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.00 314.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 299.42 Td (*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.20 292.37 Td (February 17, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.10 284.42 Td (Alexis M. Herman) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.00 284.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.00 284.42 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.00 284.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 269.42 Td (*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.20 262.37 Td (February 17, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.40 254.42 Td (William I. Miller) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.00 254.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.00 254.42 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.00 254.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 239.42 Td (*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.20 232.37 Td (February 17, 2015) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.20 224.42 Td (Georgia R. Nelson) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.00 224.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.00 224.42 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.00 224.42 Td () Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 82.5 182.75 m 317.5 182.75 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.25 187.42 Td (*By:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.80 187.42 Td (/s/ PATRICK J. WARD) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.00 172.42 Td (Patrick J. ) Tj ET Q q 0 0 0 rg BT 208.54 172.42 Td (W) Tj ET Q q 0 0 0 rg BT 217.17 172.42 Td (ard) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.30 162.42 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 168.80 162.42 Td (Attorney-in-fact) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL 0 0 1 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 50 771.2669921875 m 120.9521484375 771.2669921875 l s q 0 0 1 rg BT 50.00 772.60 Td (T) Tj ET Q q 0 0 1 rg BT 55.41 772.60 Td (able of Contents) Tj ET Q BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL endstream endobj 229 0 obj <>] /Rotate 0 /Contents 230 0 R>> endobj 230 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 29.10 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 29.10 Td (14) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49 724.5 m 69 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 69 724.5 m 96 724.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 100 724.5 m 562 724.5 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.40 728.73 Td (Exhibit No.) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 292.70 728.73 Td (Description of Exhibit) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.00 715.76 Td (3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.50 715.76 Td (\(a\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 715.76 Td (Restated Articles of Incorporation, as amended \(incorporated by reference to Exhibit3\(a\) to CumminsInc.'s Quarterly Report) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 706.76 Td (on Form10-Q for the quarter ended June28, 2009\).) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.00 694.76 Td (3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.50 694.76 Td (\(b\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 694.76 Td (By-laws, as amended and restated effective as of May 8, 2012 \(incorporated by reference to Exhibit3\(b\) to CumminsInc.'s) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 685.76 Td (Quarterly Report on Form10-Q for the quarter ended July1, 2012\).) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.00 671.76 Td (4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.50 671.76 Td (\(a\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 671.76 Td (Indenture, dated as of September 16, 2013, by and between Cummins Inc. and U.S. Bank National Association \(incorporated) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 662.76 Td (by reference to Exhibit 4.3 to the Registration Statement on Form S-3 filed with the Securities and Exchange Commission on) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 653.76 Td (September 26, 2013 \(Registration Statement No. 333-191189\)\).) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.00 641.76 Td (4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.50 641.76 Td (\(b\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 641.76 Td (First Supplemental Indenture, dated as of September 24, 2013, between Cummins Inc. and U.S. Bank National Association) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 632.76 Td (\(incorporated by reference to Exhibit 4.1 of the Current Report on 8-K, filed by Cummins Inc. with the Securities and) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 623.81 Td (Exchange Commission on September 24, 2013 \(File No. 001-04949\)\).) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 61.00 612.76 Td (4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.50 612.76 Td (\(c\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 612.76 Td (Second Supplemental Indenture, dated as of September 24, 2013, between Cummins Inc. and U.S. Bank National Association) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 603.76 Td (\(incorporated by reference to Exhibit 4.2 of the Current Report on 8-K, filed by Cummins Inc. with the Securities and) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 594.76 Td (Exchange Commission on September 24, 2013 \(File No. 001-04949\)\).) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.50 582.76 Td (10) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.50 582.76 Td (\(a\)#) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 582.76 Td (2003 Stock Incentive Plan, as amended \(incorporated by reference to Exhibit10\(a\) to CumminsInc.'s Annual Report on) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 573.76 Td (Form10-K for the year ended December31, 2009\).) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.50 561.76 Td (10) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.50 561.76 Td (\(b\)#) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 561.76 Td (Target Bonus Plan \(incorporated by reference to Exhibit10\(b\) to CumminsInc.'s Annual Report on Form10-K for the year) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 552.81 Td (ended December31, 2009\).) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.50 541.76 Td (10) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.50 541.76 Td (\(c\)#) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 541.76 Td (Deferred Compensation Plan, as amended \(incorporated by reference to Exhibit 10\(c\) to Cummins Inc.s Quarterly Report on) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 532.76 Td (Form 10-Q for the quarter ended September 28, 2014\).) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.50 519.76 Td (10) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.50 519.76 Td (\(d\)#) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 519.76 Td (Supplemental Life Insurance and Deferred Income Plan, as amended \(incorporated by reference to Exhibit10\(d\) to) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 510.76 Td (CumminsInc.'s Annual Report on Form10-K for the year ended December31, 2011\).) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.50 496.76 Td (10) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.50 496.76 Td (\(e\)#) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 496.76 Td (Credit Agreement, dated as of November9, 2012, by and among CumminsInc., CumminsLtd., Cummins Power) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 487.76 Td (GenerationLtd., Cummins Generator Technologies Limited, certain other subsidiaries referred to therein and the Lenders) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 478.76 Td (party thereto. \(incorporated by reference to Exhibit10.1 to CumminsInc.'s Current Report on Form8-K dated November9,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 469.76 Td (2012\).) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.50 457.76 Td (10) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.50 457.76 Td (\(f\)#) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 457.76 Td (Amendment No. 1 to Credit Agreement, dated as of October 30, 2014, among Cummins Inc., Cummins Ltd., Cummins Power) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 448.76 Td (Generation Ltd., Cummins Generator Technologies Limited, certain other subsidiaries referred to therein, the lenders party) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 439.76 Td (thereto, and JPMorgan Chase Bank, N.A., as administrative agent \(incorporated by reference to Exhibit 10.1 to Cummins) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 430.76 Td (Inc.'s Current Report on Form 8-K dated November 4, 2014\).) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.50 416.76 Td (10) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.50 416.76 Td (\(g\)#) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 416.76 Td (Deferred Compensation Plan for Non-Employee Directors, as amended \(incorporated by reference to Exhibit 10\(f\) to) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 407.76 Td (Cummins Inc.'s Annual Report on Form 10-K for the year ended December 31, 2013\).) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.50 393.76 Td (10) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.50 393.76 Td (\(h\)#) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 393.76 Td (Excess Benefit Retirement Plan, as amended \(incorporated by reference to Exhibit10\(g\) to CumminsInc.'s Quarterly Report) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 384.76 Td (on Form10-Q for the quarter ended September 28, 2014\).) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.50 370.76 Td (10) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.50 370.76 Td (\(i\)#) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 370.76 Td (Employee Stock Purchase Plan, as amended \(incorporated by reference to AnnexB to CumminsInc.'s definitive proxy) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 361.76 Td (statement filed with the Securities and Exchange Commission on Schedule14A on March27, 2012 \(File No.001-04949\)\).) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 56.50 347.76 Td (10) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 71.50 347.76 Td (\(j\)#) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 347.76 Td (Longer Term Performance Plan \(incorporated by reference to Exhibit10\(i\) to CumminsInc.'s Annual Report on Form10-K) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 102.50 338.76 Td (for the year ended December31, 2009\).) 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