| Year Ended December 31 (Dollars in millions, except per share data) |
2005 | 2004 | 2003 | |||||||
| Revenues | $ | 22,255 | $ | 20,307 | $ | 18,348 | ||||
| Costs and Expenses | ||||||||||
| Operating (excluding depreciation) | 7,969 | 7,462 | 7,041 | |||||||
| Selling, general and administrative | 5,793 | 5,314 | 4,915 | |||||||
| Depreciation | 3,630 | 3,420 | 3,166 | |||||||
| Amortization | 1,173 | 1,203 | 1,272 | |||||||
| 18,565 | 17,399 | 16,394 | ||||||||
| Operating Income | 3,690 | 2,908 | 1,954 | |||||||
| Other Income (Expense) | ||||||||||
| Interest expense | (1,796 | ) | (1,876 | ) | (2,018 | ) | ||||
| Investment income (loss), net | 89 | 472 | (84 | ) | ||||||
| Equity in net losses of affiliates | (47 | ) | (88 | ) | (60 | ) | ||||
| Other income (expense) | (56 | ) | 394 | 71 | ||||||
| (1,810 | ) | (1,098 | ) | (2,091 | ) | |||||
| Income (Loss) from Continuing Operations Before Income Taxes and Minority Interest | 1,880 | 1,810 | (137 | ) | ||||||
| Income Tax (Expense) Benefit | (933 | ) | (826 | ) | 16 | |||||
| Income (Loss) from Continuing Operations Before Minority Interest | 947 | 984 | (121 | ) | ||||||
| Minority Interest | (19 | ) | (14 | ) | (97 | ) | ||||
| Income (Loss) from Continuing Operations | 928 | 970 | (218 | ) | ||||||
| Income from Discontinued Operations, net of tax | – | – | 168 | |||||||
| Gain on Discontinued Operations, net of tax | – | – | 3,290 | |||||||
| Net Income | $ | 928 | $ | 970 | $ | 3,240 | ||||
| Basic Earnings (Loss) for Common Stockholders per Common Share | ||||||||||
| Income (loss) from continuing operations | $ | 0.42 | $ | 0.43 | $ | (0.10 | ) | |||
| Income from discontinued operations | – | – | 0.08 | |||||||
| Gain on discontinued operations | – | – | 1.46 | |||||||
| Net income | $ | 0.42 | $ | 0.43 | $ | 1.44 | ||||
| Diluted Earnings (Loss) for Common Stockholders per Common Share | ||||||||||
| Income (loss) from continuing operations | $ | 0.42 | $ | 0.43 | $ | (0.10 | ) | |||
| Income from discontinued operations | – | – | 0.08 | |||||||
| Gain on discontinued operations | – | – | 1.46 | |||||||
| Net income | $ | 0.42 | $ | 0.43 | $ | 1.44 | ||||
| See notes to consolidated financial statements. | ||||||||||