Tyson Foods 2004 Annual Report Download - page 31

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29
CONSOLIDATED STATEMENTS OF INCOME
Three years ended October 2, 2004
in millions, except per share data 2004 2003 2002
Sales $26,441 $24,549 $23,367
Cost of Sales 24,550 22,805 21,550
1,891 1,744 1,817
Operating Expenses:
Selling, general and administrative 880 831 877
Other charges 86 76 53
Operating Income 925 837 887
Other Expense (Income):
Interest 275 296 305
Other 15 18 (11)
290 314 294
Income Before Income Taxes 635 523 593
Provision for Income Taxes 232 186 210
Net Income $403 $ 337 $ 383
Weighted Average Shares Outstanding:
Class A Basic 243 244 246
Class B Basic 102 102 102
Diluted 357 352 355
Earnings Per Share:
Class A Basic $1.20 $ 1.00 $ 1.13
Class B Basic $1.08 $ 0.90 $ 1.02
Diluted $1.13 $ 0.96 $ 1.08
See accompanying notes.