A summary of the status of the Company’s options as of December 31, 2002, 2001 and 2000, and changes for the years then ended is presented below: 2002 2001 2000 Weighted- Weighted- Weighted- Options Average Exercise Options Average Exercise Options Average Exercise (000s) Price Per Share (000s) Price Per Share (000s) Price Per Share Outstanding at beginning of year 49,180 $ 40.74 36,689 $ 30.57 37,058 $ 27.24 Granted 6,631 36.52 20,148 49.84 4,063 51.14 Exercised (1,623) 27.19 (6,950) 12.29 (3,330) 12.20 Cancelled (2,080) 53.31 (707) 55.89 (1,102) 49.79 Outstanding at end of year 52,108 $ 40.06 49,180 $ 40.74 36,689 $ 30.57 Exercisable at end of year 23,340 $ 30.20 18,714 $ 23.25 22,108 $ 16.48 Weighted-average fair value of options granted during the year $ 16.53 $ 29.73 $ 23.41 For the Years Ended December 31 Assumptions 2002 2001 2000 Dividend yield .25% .19% .21% Volatility factors of expected market price of stock 55% 50% 49% Risk-free interest rate 3.15% 4.15% 6.09% Expected option lives (in years) 5.0 8.5 4.5 Options Outstanding Options Exercisable Range of Number Weighted-Average Weighted-Average Number Weighted-Average Exercise Prices Outstanding (000s) Remaining Contractual Life Exercise Price Per Share Exercisable (000s) Exercise Price Per Share $4.31-$6.46 139 2.1 years $ 6.15 139 $ 6.15 $6.47-$9.70 223 2.9 8.00 223 8.00 $9.71-$14.56 7,659 2.9 9.99 7,659 9.99 $14.57-$21.85 2,318 5.0 16.16 2,318 16.16 $21.86-$32.79 1,016 6.7 31.66 689 31.63 $32.80-$49.20 30,731 7.0 44.29 9,880 43.05 $49.21-$73.82 10,005 6.6 57.58 2,419 57.88 $73.83-$76.37 17 5.2 76.37 13 76.37 The following table summarizes information about options outstanding as of December 31, 2002: The fair value of the options granted during 2002, 2001 and 2000 was estimated at the date of grant using a Black-Scholes option-pricing model with the weighted average assumptions described below: 62