NOTE 24. GEOGRAPHIC INFORMATION  NOTES TO THE FINANCIAL STATEMENTS NOTE 26. COMMITMENTS AND CONTINGENCIES Lease Commitments Guarantees (in millions) United All Total States Europe Other Company 2004 External revenues $ 100,208 $ 46,101 $ 25,343 $ 171,652 Net property 18,309 20,400 5,842 44,551 2003 External revenues $  103,482 $  39,310 $  21,546 $  164,338 Net property 18,692 19,100 5,714 43,506 2002 External revenues $  108,163 $  35,190 $  18,905 $  162,258 Net property 18,006 14,980 4,840 37,826 NOTE 25. SUMMARY QUARTERLY FINANCIAL DATA (UNAUDITED)  2004 2003 (in millions, except per share amounts) First Second Third Fourth First Second Third Fourth Quarter Quarter Quarter Quarter Quarter Quarter Quarter Quarter Automotive sector Sales $  38,802 $  36,662 $  32,799 $  38,871 $ 34,109 $ 34,101 $ 30,243 $ 39,807 Operating income/(loss) 2,003 206 (716) (1,670) 831 (45) (653) (1,689) Financial Services sector Revenues 5,923 6,212 6,324 6,059 6,691 6,538 6,597 6,252 Income/(loss) before income taxes 1,043 1,528 1,391 1,046 654 713 1,023 857 Total Company Income/(loss) from  continuing operations 1,958 1,153 459 64 894 432 236 (660) Net income/(loss) 1,952 1,165 266 104 896 417 (25) (793) Common and Class B per share from continuing operations Basic $ 1.07 $ 0.63 $ 0.25 $ 0.04 $  0.49 $  0.24 $  0.13 $ (0.36) Diluted 0.95 0.56 0.24 0.03 0.45 0.23 Certain amounts for prior periods were reclassified to conform with current period presentation. Reclassifications include the  presentation of discontinued operations and  Interes t  income and other non-operating income/(expense), net. We lease land, buildings and equipment under agreements that expire in various years. Minimum rental commitments under  non-cancelable operating leases were as follows (in millions): Rental expense was $1.7 billion in 2004, $1.6 billion in 2003 and $1.3 billion in 2002. The fair values of guarantees and indemnifications issued during 2004 and 2003 are recorded in the financial statements and  are de minimis. At December 31, 2004, the following guarantees were issued and outstanding: 2005 2006 2007 2008 2009 Thereafter Automotive sector $  472 $  338 $  281 $ 165 $  136 $  357 Financial Services sector 391 327 264 183 135 567 9 0