EX-99.01 13 ex-99_01.htm PRESENTATION OF REVISED FINANCIAL INFORMATION ex-99_01.htm
 
 
 

Presentation of Revised Financial Information

The Company completed the sale of the polyethylene terephthalate (“PET”) business, related assets at the Columbia, South Carolina, site, and technology of its Performance Polymers segment on January 31, 2011.  The PET business, assets, and technology sold were substantially all of the Performance Polymers segment.  Performance Polymers segment operating results are presented as discontinued operations for all periods presented and are therefore not included in results from continuing operations under accounting principles generally accepted in the United States.  The remaining segments include allocated costs not included in discontinued operations and which have been reallocated.

(Dollars in millions)
  
2010
  
2009
  
2008
  
2007
  
2006
Sales by Segment
                    
CASPI
$
1,574
$
1,217
$
1,524
$
1,451
$
1,421
Fibers
  
1,142
  
1,032
  
1,046
  
999
  
911
PCI
  
2,083
  
1,398
  
2,443
  
2,191
  
1,749
Specialty Plastics
  
1,043
  
749
  
923
  
872
  
818
                     
Total Operating Earnings
$
5,842
$
4,396
$
5,936
$
5,513
$
4,899

(Dollars in millions)
  
2010
  
2009
  
2008
  
2007
  
2006
Operating Earnings (Loss)
                    
CASPI
$
293
$
221
$
196
$
225
$
217
Fibers
  
323
  
292
  
234
  
230
  
218
PCI
  
224
  
41
  
143
  
218
  
125
Specialty Plastics
  
88
  
9
  
30
  
58
  
39
Total Operating Earnings by Segment
  
928
  
563
  
603
  
731
  
599
Other
  
(66)
  
(218)
  
(52)
  
(48)
  
(47)
                     
Total Operating Earnings
$
862
$
345
$
551
$
683
$
552


(Dollars in millions)
  
2010
  
2009
  
2008
  
2007
  
2006
Sales by Customer Location
                    
United States and Canada
$
2,957
$
2,252
$
3,308
$
3,263
$
2,981
Asia Pacific
  
1,446
  
1,062
  
1,186
  
1,084
  
890
Europe, Middle East, and Africa
  
1,150
  
835
  
1,045
  
935
  
812
Latin America
  
289
  
247
  
397
  
231
  
216
                     
Total Sales
$
5,842
$
4,396
$
5,936
$
5,513
$
4,899

 
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