| |
| ($ in millions, except per-share amounts) |
|
2002
|
|
|
2001
|
|
% Increase
(Decrease)
|
|
| Financial Results |
|
|
|
|
|
|
|
| Railway operating revenues |
$ |
6,270
|
|
$ |
6,170
|
|
2
|
| Income from railway operations |
$ |
1,158
|
|
$ |
1,007
|
|
15
|
| Railway operating ratio |
|
81.5
|
% |
|
83.7
|
% |
(3)
|
| Income from continuing operations |
$ |
460
|
|
$ |
362
|
|
27
|
| Earnings per share from continuing operations (diluted) |
$ |
1.18
|
|
$ |
0.94
|
|
26
|
| |
|
|
|
|
|
|
|
| Financial Position |
|
|
|
|
|
|
|
| Total assets |
$ |
19,956
|
|
$ |
19,418
|
|
3
|
| Total debt* |
$ |
7,364
|
|
$ |
7,632
|
|
(4)
|
| Stockholders' equity |
$ |
6,500
|
|
$ |
6,090
|
|
7
|
| Debt-to-total capitalization* |
|
53.1
|
% |
|
55.6
|
% |
(4)
|
| Stockholders' equity per share |
$ |
16.71
|
|
$ |
15.78
|
|
6
|
| |
|
|
|
|
|
|
|
| Other Information |
|
|
|
|
|
|
|
| Year-end stock price |
$ |
19.99
|
|
$ |
18.33
|
|
9
|
| Dividends per share |
$ |
0.26
|
|
$ |
0.24
|
|
8
|
| Price/earnings ratio at year end |
|
16.9
|
|
|
18.9
|
|
(11)
|
| Number of shareholders at year end |
|
51,418
|
|
|
53,042
|
|
(3)
|
| Shares outstanding at year end |
|
388,985,340
|
|
|
385,831.746
|
|
1
|
| Number of employees at year end |
|
28,514
|
|
|
29,828
|
|
(4)
|
*excludes notes payable to Conrail
|
|