Net property, plant and equipment and other non-current assets
1,676,790
1,648,853
1,607,447
1,451,113
1,242,892
Total capital (b)
1,769,151
1,726,341
1,662,283
1,498,082
1,261,962
Total assets
2,422,365
2,360,444
2,280,130
2,053,179
1,829,515
Long-term liabilities
1,239,219
1,409,652
1,004,465
928,519
816,061
Shareholders’ equity
851,603
660,016
904,797
887,863
669,770
Return on average total capital — % (c)
16
13
17
18
23
Return on average shareholders’ equity — % (d)
37
26
27
29
38
Per-Share Data (a)
Average number of common shares
57,060
60,652
63,656
64,214
64,407
Average number of common shares and common share equivalents
57,530
61,151
64,281
64,908
65,103
Basic earnings per share
$
4.76
$
3.48
$
3.88
$
3.45
$
3.49
Diluted earnings per share
4.73
3.45
3.84
3.42
3.45
Dividends per common share
0.99
0.90
0.76
0.63
0.525
Book value per common share
14.85
11.51
14.49
13.83
10.42
(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.