partnering for the future consolidated statements of shareholders’ equity The accompanying notes are an integral part of these consolidated financial statements. 55 Accumulated Receivable Other Additional from Comprehensive Total Common Shares Paid-in Former Retained Income (Loss) Shareholders’ Comprehensive (U.S. dollars in millions, except share data) Shares Amount Capital Shareholder Earnings (Note 23) Equity Income (Loss) Balance, January 1, 2002 83,155,100 $ 1 $ 1,706 $ (76) $ 435 $ (690) $ 1,376 Comprehensive income–2002:  Net income – – – – 255 – 255 $ 255 Other comprehensive income (loss):  Foreign exchange translation adjustment,  net of tax expense of $17 – – – – – (403) – (403) Unrealized loss on commodity futures,  net of tax benefit of $8 – – – – – 13 – 13 Loss on treasury rate lock contracts,  net of tax of $0 – – – – – (22) – (22) Unrealized gain on investments,  net of tax of $1 – – – – – (1) – (1) Reclassification of realized net (gains) to  net income, net of tax expense of $8 – – – – – (12) – (12) Minimum pension liability,  net of tax benefit of $5 – – – – – (11) – (11) Total comprehensive income (loss) – – – – – (436) (436) $ (181) Collection of former shareholder receivable – – – 21 – – 21 Dividends paid – – – – (37) – (37) Issuance of common shares: —public offering 16,093,633 – 292 – – – 292 —employee stock plan 83,500 – 1 – – – 1 Balance, December 31, 2002 99,332,233 $ 1 $ 1,999 $ (55) $ 653 $(1,126) $ 1,472 Comprehensive income—2003:  Net income – – – – 411 – 411 $ 411 Other comprehensive income (loss):  Foreign exchange translation  adjustment, net of tax expense of $8 – – – – – 489 – 489 Unrealized loss on commodity futures,  net of tax benefit of $6 – – – – – (9) – (9) Unrealized gain on investments,  net of tax of $0 – – – – – 1 – 1 Reclassification of realized net (gains) to  net income, net of tax expense of $2 – – – – – (1) – (1) Minimum pension liability,  net of tax benefit of $7 – – – – – (10) – (10) Total comprehensive income (loss) – – – – – 470 470 $ 881 Collection of former shareholder receivable – – – 55 – – 55 Dividends paid – – – – (42) – (42) Issuance of common shares: —employee stock plan 576,085 – 11 – – – 11 Balance, December 31, 2003 99,908,318 $ 1 $ 2,010 $ – $ 1,022 $ (656) $ 2,377 Comprehensive income—2004:  Net income – – – – 4 46 69 9 – 4 46 69 9 $ 4 46 69 9 Other comprehensive income (loss):  Foreign exchange translation adjustment,  net of tax expense of $3 – – – – – 2 21 17 7 – 2 21 17 7 Unrealized losses on commodity futures,  net of tax benefit of $3 – – – – – ((5 5)) – ((5 5)) Reclassification of realized net losses to  net income, net of tax benefit of $10 – – – – – 1 19 9 – 1 19 9 Minimum pension liability,  net of tax benefit of $1 – – – – – ((2 2)) – ((2 2)) Total comprehensive income (loss) – – – – – 2 22 29 9 2 22 29 9 $ 6 69 98 8 Dividends paid – – – – ((5 51 1)) – ((5 51 1)) Issuance of common shares: —public offering 9 9,,7 77 75 5,,0 00 0 – 3 33 31 1 – – – 3 33 31 1 —employee stock plan 9 98 88 8,,1 13 32 2 – 2 20 0 – – – 2 20 0 Balance, December 31, 2004 1 11 10 0,,6 67 71 1,,4 45 50 0 $ 1 $ $ 2 2,,3 36 61 1 $ – $ $ 1 1,,4 44 40 0 $ ((4 42 27 7)) $ $ 3 3,,3 37 75 5