	2008 12/31/08	2007 12/31/07	2006 12/31/06	2005 12/31/05
Short Term Investments	69	--	--	--
ASSETS
Cash & Short Term Investments	1,213	905	1,624	1,641
Receivables - Net	3,288	3,152	2,704	2,416
Raw Materials	784	628	536	508
Finished Goods	1,658	1,413	1,341	1,383
Progress Payments Other	53	30	32	41
Inventories - Total	2,495	2,071	1,909	1,932
Prepaid Expenses	--	--	--	--
Other Current Assets	364	607	2,400	5,770
CURRENT ASSETS - TOTAL	7,360	6,735	8,637	11,759
Land	594	770	259	2,127
Buildings	21,819	18,579	16,665	21,036
Machinery & Equipment	6,485	5,205	5,093	--
Other Property, Plant & Equipment	1,511	1,262	1,285	1,450
Property, Plant and Equipment - Gross	30,409	25,816	23,302	24,613
Accumulated Depreciation	(15,613)	(14,905)	(14,050)	(13,413)
Property, Plant and Equipment - Net	14,796	10,911	9,252	11,200
Investments in Associated Companies	0	1,276	641	616
Other Investments	1,304	0	0	0
Other Tangible Assets	1,426	1,587	1,251	1,575
Total Intangible Other Assets - Net	2,027	3,650	4,253	3,621
Other Assets - Total	3,453	5,237	5,504	5,196
TOTAL ASSETS	26,913	24,159	24,034	28,771
LIABILITIES
Accounts Payable	2,119	2,145	1,907	1,771
Short Term Debt & Current Portion of Long Term Debt	828	267	692	1,178
Accrued Payroll	445	400	466	351
Other Current Liabilities	1,363	1,030	1,576	1,655
CURRENT LIABILITIES - TOTAL	4,755	3,842	4,641	4,955
Long Term Debt	11,246	6,353	6,531	11,019
Provision for Risks and Charges	3,923	0	0	0
Deferred Income	--	--	--	112
Deferred Taxes - Credit	1,957	2,919	2,233	684
DEFERRED TAXES	1,957	2,919	2,233	684
Other Liabilities	631	2,145	2,453	3,465
TOTAL LIABILITIES	22,512	15,259	15,858	20,235
EQUITY
Non-Equity Reserves	0	0	0	0
Minority Interest	232	228	213	185
Preferred Stock	0	0	0	0
Common Stock	434	494	493	491
Capital Surplus	5,845	6,755	6,735	6,627
Other Appropriated Reserves	(3,305)	(471)	(1,564)	(1,935)
Retained Earnings	1,430	4,375	3,737	3,172
Unrealized Foreign Exchange Gain/Loss	(17)	--	--	(4,735)
Treasury Stock	(218)	(2,481)	(1,438)	(4)
COMMON EQUITY	4,169	8,672	7,963	8,351
TOTAL LIABILITIES & SHAREHOLDERS’ EQUITY	26,913	24,159	24,034	28,771
SHARE INFORMATION
Common Shares Outstanding	427	425	454	490

	2009 Q3 9/30/09	2009 Q2 6/30/09	2009 Q1 3/31/09	2008 Q4 12/31/08	2008 Q3 9/30/08
ASSETS
Cash & Short Term Investments	1,652	1,654	955	1,213	771
Receivables - Net	3,080	3,312	3,455	3,288	3,864
Inventories - Total	2,278	2,209	2,340	2,495	2,766
Prepaid Expenses	--	--	--	--	--
Other Current Assets	507	374	387	364	489
CURRENT ASSETS - TOTAL	7,517	7,549	7,137	7,360	7,890
Property, Plant and Equipment - Gross	31,248	30,757	29,502	30,409	30,967
Accumulated Depreciation	(16,800)	(16,300)	(15,700)	(15,613)	(15,500)
Property, Plant and Equipment - Net	14,448	14,457	13,802	14,796	15,467
Investments in Associated Companies	1,102	1,068	1,167	0	1,377
Total Intangible Other Assets - Net	2,288	2,240	2,113	2,027	3,877
Other Assets - Total	3,614	3,566	4,113	4,757	5,435
TOTAL ASSETS	26,681	26,640	26,219	26,913	30,169
LIABILITIES
Accounts Payable	2,066	1,980	1,915	2,119	2,532
Short Term Debt & Current Portion of Long Term Debt	369	386	536	828	800
Other Current Liabilities	1,881	1,584	1,900	1,808	1,623
CURRENT LIABILITIES - TOTAL	4,316	3,950	4,351	4,755	4,955
Long Term Debt	9,253	10,531	10,959	11,246	11,232
Deferred Taxes - Credit	2,514	2,351	1,948	1,957	3,124
DEFERRED TAXES	2,514	2,351	1,948	1,957	3,124
Other Liabilities	4,714	4,729	4,585	4,554	1,854
TOTAL LIABILITIES	20,797	21,561	21,843	22,512	21,165
EQUITY
Non-Equity Reserves	0	0	0	0	0
Minority Interest	239	236	232	232	239
Preferred Stock	0	0	0	0	0
Common Stock	437	436	435	434	494
Capital Surplus	5,787	5,764	5,730	5,845	6,710
Retained Earnings	2,062	1,701	1,575	1,430	4,559
Unrealized Foreign Exchange Gain/Loss	0	0	0	(17)	0
Treasury Stock	(83)	(81)	(78)	(218)	(2,384)
COMMON EQUITY	5,645	4,843	4,144	4,169	8,765
TOTAL LIABILITIES & SHAREHOLDERS’ EQUITY	26,681	26,640	26,219	26,913	30,169
SHARE INFORMATION
Common Shares Outstanding	433	433	432	427	428

() = Negative Values
Values are displayed in Millions except for earnings per share and where noted

IP : NYSE