Year Ended December 31 Statements of Cash Flows 2002 2001 2000 Operating Activities: Net income $ 899,644 $ 641,965 $ 469,634 Adjustments to reconcile net income to net cash  provided by operating activities: Equity in undistributed earnings of subsidiaries (69,531) (545,061) (227,873) Decrease (increase) in other assets 78,537 (47,701) 9,625 (Increase) decrease in other liabilities (33,328) (22,118) 19,117 Net cash provided by operating activities 875,322 27,085 270,503 Investing Activities: Proceeds from sales of securities available for sale - - 8,455 Proceeds from maturities of securities available for sale - - 6,832 Increase in investment in subsidiaries (1,210,000) (653,202) (117,123) Increase in loans to subsidiaries (559,774) (252,257) (199,798) Net cash used for investing activities (1,769,774) (905,459) (301,634) Financing Activities: (Decrease) increase in borrowings from subsidiaries (376,598) 365,109 157,711 Issuance of senior notes 300,000 - - Issuance of mandatory convertible securities 725,075 - - Dividends paid (23,457) (22,310) (20,824) Purchases of treasury stock- - (134,619) Net proceeds from issuances of common stock 232,321 473,334 21,076 Proceeds from exercise of stockoptions 33,649 62,804 11,225 Net cash provided by financing activities 890,990 878,937 34,569 (Decrease) increase in cash and cash equivalents (3,462) 563 3,438 Cash and cash equivalents at beginning of year 9,847 9,284 5,846 Cash and cash equivalents at end of year $ 6,385 $ 9,847 $ 9,284 76