Emerson 2004 Annual Report Download - page 51

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49
(16) OTHER FINANCIAL DATA
Items reported in earnings during the years ended September 30, 2002, 2003 and 2004, include the following:
2002 2003 2004
Depreciation $457 463 478
Intangible asset amortization $ 84 71 79
Research and development $474 464 486
Rent expense $216 227 233
The Company leases computers, transportation equipment and various other property under operating lease agreements. The
minimum annual rentals under noncancelable long-term leases, exclusive of maintenance, taxes, insurance and other operating costs, will
approximate $117 in 2005, $85 in 2006, $52 in 2007, $39 in 2008 and $25 in 2009.
Other assets, other are summarized as follows:
2003 2004
Pension plans $ 843 883
Equity and other investments 336 223
Intellectual property and customer relationships 104 205
Capitalized software 147 148
Leveraged leases 139 124
Other 221 166
Total $1,790 1,749
Items reported in accrued expenses include the following:
2003 2004
Employee compensation $ 382 432
Product warranty $ 148 180
Other liabilities are summarized as follows:
2003 2004
Deferred income taxes $ 503 528
Postretirement plans, excluding current portion 309 306
Retirement plans 356 285
Minority interest 114 126
Other 302 403
Total $1,584 1,648