Consolidated Financial Statements

Consolidated Statements of Shareholders’ Equity

Years Ended December 31, 2004, 2003 and 2002
                             
(In millions) Preferred
Stock
  Common
Stock
  Capital
in Excess
of Par
Value
  Retained
Earnings
  Employee
Benefits
Trust
  Accumulated
Other
Comprehensive
Loss
  Total
Balance as of December 31, 2001 $ 0.2   54.3   400.1   193.3   (58.9)   (112.9)   476.1
Net income   -   -   -   26.1   -   -   26.1
Other comprehensive loss   -   -   -   -   -   (123.3)   (123.3)
Dividends:
Common stock ($0.10 per share)   -   -   -   (5.2)   -   -   (5.2)
Preferred stock ($31.25 per share)   -   -   -   (0.5)   -   -   (0.5)
Repurchase shares of:
Common stock   -   -   (0.3)   -   -   -   (0.3)
Preferred stock   (0.2)   -   (10.0)   (0.6)   -   -   (10.8)
Employee benefits trust:
Remeasurement   -   -   (5.3)   -   5.3   -   -
Shares for employee benefit programs   -   -   (1.7)   -   20.6   -   18.9
Tax benefit of stock options exercised   -   -   0.2   -   -   -   0.2
Balance as of December 31, 2002   -   54.3   383.0   213.1   (33.0)   (236.2)   381.2
Net income   -   -   -   29.4   -   -   29.4
Other comprehensive income   -   -   -   -   -   71.3   71.3
Common stock dividends ($0.10 per share)   -   -   -   (5.3)   -   -   (5.3)
Employee benefits trust:
Remeasurement   -   -   (0.1)   -   0.1   -   -
Shares for employee benefit programs   -   -   (0.1)   -   18.9   -   18.8
Tax benefit of stock options exercised   -   -   0.2   -   -   -   0.2
Balance as of December 31, 2003   -   54.3   383.0   237.2   (14.0)   (164.9)   495.6
Net income   -   -   -   121.5   -   -   121.5
Other comprehensive income   -   -   -   -   -   16.8   16.8
Common stock dividends ($0.10 per share)   -   -   -   (5.4)   -   -   (5.4)
Retire shares of common stock   -   (0.1)   (0.2)   (0.4)   -   -   (0.7)
Employee benefits trust:
2.5 million shares issued to trust   -   2.5   58.9   -   (61.4)   -   -
Remeasurement   -   -   28.7   -   (28.7)   -   -
Shares for employee benefit programs   -   -   (17.7)   -   59.2   -   41.5
Tax benefit of stock options exercised   -   -   4.7   -   -   -   4.7
Balance as of December 31, 2004 $ -   56.7   457.4   352.9   (44.9)   (148.1)   674.0

See accompanying notes to consolidated financial statements.