|
|
|
($ in thousands)
|
|
December 31
|
2000
|
1999
|
|
|
|
Assets
|
|
|
Current assets:
|
|
|
|
Cash and cash equivalents
|
$
|
3,994
|
$
|
197,799
|
|
|
Receivables, net
|
586,058
|
570,476
|
|
|
Inventories
|
436,089
|
522,659
|
|
|
Other current assets
|
198,146
|
254,288
|
|
|
|
|
|
Total current assets
|
1,224,287
|
1,545,222
|
|
|
|
|
Investments
|
465,849
|
459,981
|
|
|
|
|
Property, plant and equipment, net
|
467,783
|
461,808
|
|
|
|
|
Other assets
|
315,424
|
233,113
|
|
|
|
Total assets
|
$
|
2,473,343
|
$
|
2,700,124
|
|
|
|
Liabilities and Equities
|
|
|
Current liabilities:
|
|
|
|
Notes and short-term obligations
|
$
|
87,783
|
$
|
130,193
|
|
|
Current portion of long-term debt
|
68,936
|
170,348
|
|
|
Accounts payable
|
493,173
|
727,118
|
|
|
Accrued expenses
|
212,751
|
136,161
|
|
|
Patronage refunds payable
|
37,493
|
19,350
|
|
|
|
|
|
Total current liabilities
|
900,136
|
1,183,170
|
|
|
|
|
Long-term debt
|
472,042
|
483,375
|
|
|
|
|
Other liabilities
|
50,424
|
49,858
|
|
Minority interests
|
55,087
|
14,886
|
|
|
|
|
Capital Securities of Trust Subsidiary
|
190,700
|
200,000
|
|
|
|
|
Equities:
|
|
|
|
Capital stock
|
2,345
|
2,073
|
|
|
Member equities
|
768,941
|
694,980
|
|
|
Retained earnings
|
33,668
|
71,782
|
|
|
|
|
|
Total equities
|
804,954
|
768,835
|
|
|
|
Total liabilities and equities
|
$
|
2,473,343
|
$
|
2,700,124
|
|
|
|
See accompanying notes to consolidated financial statements
|
|
|
|
