 |
(Thousands
of Dollars Except Per Share Data) |
|
|
1996 |
|
1995 |
|
1994 |
| Net sales |
$ |
4,132,879 |
$ |
3,273,819 |
$ |
3,100,069 |
| Net income |
|
229,157 |
|
200,654 |
|
186,571 |
| Per share (2)
: |
| Net income |
|
1.33 |
|
1.17 |
|
1.07 |
| Cash dividends |
|
.35 |
|
.32 |
|
.28 |
| Book value |
|
8.15 |
|
7.09 |
|
6.21 |
| Average shares outstanding
(thousands) (2) |
|
172,901 |
|
171,487 |
|
173,723 |
| Return on sales |
|
5.5 |
% |
6.1 |
% |
6.0 |
% |
| Return on shareholders' equity |
|
18.9 |
% |
19.0 |
% |
18.1 |
% |
| Total debt to capitalization |
|
18.3 |
% |
2.1 |
% |
2.0 |
% |
| Times interest earned |
|
16.3 |
x |
126.8 |
x |
93.8 |
x |
| Current ratio |
|
1.3 |
|
2.0 |
|
2.0 |
| Total technical expenditures
(1) |
$ |
53,417 |
$ |
50,056 |
$ |
44,904 |
| Advertising expenditures |
|
212,448 |
|
152,588 |
|
148,973 |
| Number of employees |
|
20,768 |
|
18,458 |
|
17,886 |
|
(1) See Note 1
, for a description of technical expenditures. |
| (2) All common share amounts
and per share data reflect the effect of the stock split described in Note
17 to the consolidated financial statements. |
Sales
(Millions) |
Earnings
Per Common Share (2)
(Based on income
before cumulative effects of changes in accounting methods in 1992) |
 |
 |
|
