Net property, plant and equipment and other non-current assets
1,648,853
1,607,447
1,451,113
1,242,892
827,493
Total capital (b)
1,726,341
1,662,283
1,498,082
1,261,962
853,071
Total assets
2,360,444
2,280,130
2,053,179
1,829,515
1,304,450
Long-term liabilities
1,409,652
1,004,465
928,519
816,061
550,966
Shareholders’ equity
660,016
904,797
887,863
669,770
571,323
Return on average total capital — % (c)
13
17
18
23
35
Return on average shareholders’ equity — % (d)
26
27
29
38
39
Per-Share Data (a) (e)
Average number of common shares
60,652
63,656
64,214
64,407
67,616
Average number of common shares and common share equivalents
61,151
64,281
64,908
65,103
68,425
Basic earnings per share
$
3.48
$
3.88
$
3.45
$
3.49
$
3.29
Diluted earnings per share
3.45
3.84
3.42
3.45
3.25
Dividends per common share
0.90
0.76
0.63
0.525
0.44
Book value per common share
11.51
14.49
13.83
10.42
8.71
(a)
See accompanying Notes to Consolidated Financial Statements.
(b)
Notes payable, plus current portion of long-term debt, plus long-term debt, minus cash and marketable securities, plus shareholders’ equity.
(c)
Net income plus after-tax interest expense on borrowings as a percentage of the average of quarterly borrowings (net of cash) plus shareholders’ equity over five accounting periods.
(d)
Net income as a percentage of average quarterly shareholders’ equity over five accounting periods.
(e)
Amounts adjusted for 2-for-1 stock split effective April 12, 2011.