DuPont 2005 Annual Report Download - page 114

Download and view the complete annual report

Please find page 114 of the 2005 DuPont annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 117

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117

E. I. du Pont de Nemours and Company
Notes to Consolidated Financial Statements (continued)
(Dollars in millions, except per share)
22005 includes the following pretax benefits (charges):
Coatings & Color Technologies a$(116)
Electronic & Communication Technologies b48
Performance Materials a, c 21
Safety & Protection a (27)
Other d 62
$ (12)
aIncludes charges of $160 for damaged facilities, inventory write-offs, clean-up costs, and other costs related to the hurricanes, in the following segments:
Coatings & Color Technologies–$116; Performance Materials–$17; and Safety & Protection–$27.
bReflects a gain from the sale of the company’s equity interest in DuPont Photomasks, Inc.
cIncludes a gain of $25 resulting from the disposition of certain assets of DDE to Dow; and operating income of $47 related to certain assets that were disposed of
on June 30, 2005; partly offset by a charge of $34 related to the shutdown of an U.S. manufacturing facility.
dReflects a net gain from the disposition of four equity affiliates associated with the separation of Textiles & Interiors, partly offset by other separation costs.
32004 includes the following pretax charges:
Agriculture & Nutrition a, b $ (34)
Coatings & Color Technologies a, b, c (96)
Electronic & Communication Technologies a, b, d (175)
Performance Materials a, b, e (335)
Safety & Protection a, b, f (70)
Textiles & Interiors a, g (657)
Other a, b, h (103)
$(1,470)
aIncludes a benefit of $22 to reflect changes in estimates related to 2004 and prior years’ restructuring programs, in the following segments: Agriculture &
Nutrition–$2; Coatings & Color Technologies–$4; Electronic & Communication Technologies–$2; Performance Materials–$1; Safety & Protection–$1; Textiles &
Interiors–$10; and Other–$2.
bIncludes charges of $312 to provide severance benefits for approximately 2,700 employees in the following segments: Agriculture & Nutrition–$36; Coatings &
Color Technologies–$64; Electronic & Communication Technologies–$42; Performance Materials–$45; Safety & Protection–$29; and Other–$96.
cIncludes a charge of $36 to provide for an automotive refinish litigation settlement.
dIncludes charges of $108 associated with the proposed settlement of the PFOA class action litigation in West Virginia; and $27 to reflect an other than temporary
decline in the value of an investment security.
eIncludes charges of $268 to provide for anticipated losses associated with DDE antitrust litigation matters; and $23 related to the shutdown of manufacturing
assets at a U.S. facility.
fIncludes a charge of $42 related to the impairment of certain European manufacturing assets.
gIncludes a charge of $667 consisting of an agreed upon reduction in sales price; settlement of working capital and other changes in estimates associated with the
sale of INVISTA to Koch; an increase in the book value of net assets sold and additional separation costs; and a write-down of an equity affiliate to fair market
value.
hIncludes a charge of $29 to write off abandoned technology and a benefit of $20 from insurance proceeds related to Benlatelitigation.
F-55