2005 Financial Review

CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY

               
Years Ended December 31, 2005, 2004 and 2003
(In millions)   Common Stock Capital in Excess of Par Value Retained Earnings Employee Benefits Trust Accumulated Other Comprehensive Loss Total
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 - -
Distributions for 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   - - - - 31.3 31.3
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:              
Shares issued to trust   2.5 58.9 - (61.4) - -
Remeasurement   - 28.7 - (28.7) - -
Distributions for 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) (133.6) 688.5
Net income   - - 142.4 - - 142.4
Other comprehensive loss   - - - - (51.0) (51.0)
Common stock dividends ($0.10 per share)   - - (5.5) - - (5.5)
Retire shares of common stock   (0.1) (2.1) (1.8) - - (4.0)
Employee benefits trust:              
Shares issued to trust   2.1 65.0 - (67.1) - -
Remeasurement   - 22.5 - (22.5) - -
Distributions for benefit programs   - (27.3) - 79.3 - 52.0
Tax benefit of stock options exercised   - 15.1 - - - 15.1
Balance as of December 31, 2005 $ 58.7 530.6 488.0 (55.2) (184.6) 837.5

See accompanying notes to consolidated financial statements.