|
|
Financial Highlights
(dollars in thousands, except per share amounts) |
| Year Ended Dec 31, |
|
2005
|
|
2004
|
|
2003
|
|
Growth Rate
2005 vs 2004
|
|
Growth Rate
2004 vs 2003
|
 |
| Income Highlights |
|
|
|
|
|
|
|
|
|
|
| Operating revenues |
|
$ 2,987,955
|
|
$ 2,829,006
|
|
$ 2,758,804
|
|
5.6%
|
|
2.5%
|
Income from continuing
operations |
|
$ 223,163
|
|
$ 246,590
|
|
$ 225,384
|
|
(9.5)%
|
|
9.4%
|
| Net income |
|
$ 176,267
|
|
$ 243,195
|
|
$ 240,579
|
|
(27.5)%
|
|
1.1%
|
| |
|
|
|
|
|
|
|
|
|
|
| Balance Sheet Highlights |
|
|
|
|
|
|
|
|
|
|
Total assets
- year-end |
|
$ 11,322,645
|
|
$ 9,896,747
|
|
$ 9,519,042
|
|
14.4%
|
|
4.0%
|
Common stock equity
- year-end |
|
$ 3,424,964
|
|
$ 2,950,196
|
|
$ 2,829,779
|
|
16.1%
|
|
4.3%
|
| |
|
|
|
|
|
|
|
|
|
|
| Per Share Highlights |
|
|
|
|
|
|
|
|
|
|
Earnings per share from
continuing operations - diluted |
|
$ 2.31
|
|
$ 2.69
|
|
$ 2.47
|
|
(14.1)%
|
|
8.9%
|
| Net income - diluted |
|
$ 1.82
|
|
$ 2.66
|
|
$ 2.63
|
|
(31.6)%
|
|
1.1%
|
Indicated annual dividend
- year-end |
|
$ 2.00
|
|
$ 1.90
|
|
$ 1.80
|
|
5.3%
|
|
5.6%
|
Book value per share
- year-end |
|
$ 34.58
|
|
$ 32.14
|
|
$ 30.97
|
|
7.6%
|
|
3.8%
|
| |
|
|
|
|
|
|
|
|
|
|
| Stock Performance |
|
|
|
|
|
|
|
|
|
|
Stock price per share
- year-end |
|
$ 41.35
|
|
$ 44.41
|
|
$ 40.02
|
|
|
|
|
| Stock price appreciation |
|
(6.9)%
|
|
11.0%
|
|
17.4%
|
|
|
|
|
| Total return |
|
(2.7)%
|
|
15.9%
|
|
23.1%
|
|
|
|
|
Market capitalization
- year-end |
|
$ 4,096,839
|
|
$ 4,076,965
|
|
$ 3,657,025
|
|
0.5%
|
|
11.5%
|
|
|
|
|
