Year Ended December 31, 
(in millions, except per share data)

1995(1)

1996

1997

1998(1)

1999(1)

Consolidated Statement of 
Income Data:

Net revenues Cost of sales(2)

$3,554.4
(2,096.0)

$4,122.4
(2,414.7)

$4,019.2
(2,457.4)

$4,247.8
(2,623.0)

$5,056.3
(3,054.5)

Gross profit
Total operating expenses

1,458.4
(807.4)

1,707.7
(908.3)

1,561.8
(1,042.0)

1,624.8
(1,101.4)

2,001.8
(1,330.3)

Operating income
Net interest income (expense)(3)

651.0
(16.8)

799.4
(3.9)

519.8
(2.6)

523.4
8.7 

671.5
35.6

Income before income taxes & 
minority interests
Income tax expense

634.2
(108.3)

795.5
(171.6)

517.2
(113.0)

532.1
(120.4)

707.1
(157.2)

Income before minority interests
Minority interests(4)

525.9
0.6

623.9
1.6

404.2
2.4

411.7
(0.6)

549.9
(2.6)

Net income

$526.5

$625.5

$406.6

$411.1

$547.3

Earnings per share (basic)(5)

$2.01

$2.25

$1.46

$1.46

$1.91

Earnings per share (diluted)(5)

$2.00

$2.25

$1.45

$1.44

$1.87

Number of weighted average shares used in 
calculating earnings per share (basic)(5)

261.3

277.4

278.2

281.7

286.4

Number of weighted average shares used in 
calculating earnings per share (diluted)(5)

262.6

278.4

279.7

288.1

300.4

Consolidated Balance Sheet Data
(end of period):

Cash, cash equivalents and marketable securities(1)

$758.4

$556.4

$702.2

$1,100.7

$1,823.1

Total assets

4,486.0

5,005.5

5,445.7

6,434.0

7,930.3

Short-term debt (including current portion of
long-term debt)

492.8

428.2

424.6

191.2

123.2

Long-term debt (excluding current portion)(1)
Shareholders’ equity(1)

200.7
2,661.7

194.9
3,260.0

356.4
3,307.4

755.8
4,083.3

1,348.5
4,563.9

(1) In September 1999, the Company completed an equity offering with net proceeds of  $216.8 million 
and also completed a debt offering of $720.9 million initial principal amount of Liquid Yield OptionTM 
Notes with net proceeds of $708.3 million. In June 1998, the Company completed an equity offering 
with net proceeds of $208.8 million and also completed a debt offering of $431.7 million initial princi-
pal amount of Liquid Yield OptionTM Notes with net proceeds of $421.8 million. In October 1995, the 
Company completed an equity offering with net proceeds of $371.6 million.
 (2) Cost of sales is net of certain funds received through government subsidies for industrialization
costs (which include certain costs incurred to bring prototype products to the production stage) inc
luded therein. See Note 17 to the Consolidated Financial Statements. For a discussion of certain sig-
nificant charges reflected in cost of sales in 1997, 1998 and 1999, see “Management’s Discussion and 
Analysis of Financial Condition and Results of Operations — Results of Operations.”
 (3) Includes mainly net interest income (expense), plus a gain on disposal of an investment in 1996.
(4) In 1994, the Company created a joint venture with a subsidiary of the Shenzhen Electronics Group 
(“SEG”). The Company owns a 60% interest in the joint venture, with a subsidiary of SEG owning the 
remaining 40%. Minority interests also include other minor investments made by the Company. 
(5)Earnings per share amounts have been restated to reflect the 2:1 stock split effected in June 1999.