|
|
2010 Financial Highlights
2010 Financial Highlights
| Year ended December 31 |
|
| (millions of dollars) |
2010 |
2009 |
2008 |
2007 |
2006 |
| Income |
|
|
| Net income applicable to common shares |
|
|
Continuing operations |
1,227 |
1,374 |
1,440 |
1,223 |
1,051 |
Discontinued operations |
— |
— |
— |
— |
28 |
| |
1,227 |
1,374 |
1,440 |
1,223 |
1,079 |
| |
|
|
| Cash Flow |
|
|
| Funds generated from operations |
3,331 |
3,080 |
3,021 |
2,621 |
2,378 |
| (Increase)/decrease in operating working capital |
(249) |
(90) |
135 |
63 |
(506) |
| Net cash provided by operations |
3,082 |
2,990 |
3,156 |
2,684 |
1,872 |
| |
|
|
| Capital expenditures and acquisitions |
5,036 |
6,319 |
6,363 |
5,874 |
2,042 |
| |
|
|
| Balance Sheet |
|
|
| Total assets |
46,589 |
43,841 |
39,414 |
30,330 |
25,909 |
| Long-term debt |
17,028 |
16,186 |
15,368 |
12,377 |
10,887 |
| Junior subordinated notes |
985 |
1,036 |
1,213 |
975 |
— |
| Preferred shares |
1,224 |
539 |
— |
— |
— |
| Common shareholders' equity |
15,503 |
15,220 |
12,898 |
9,785 |
7,701 |
| |
| Common Share Statistics |
|
| Year ended December 31 |
2010 |
2009 |
2008 |
2007 |
2006 |
| |
|
|
| Net income per share — Basic |
|
|
| Continuing operations |
$1.78 |
$2.11 |
$2.53 |
$2.31 |
$2.15 |
| Discontinued operations |
— |
— |
— |
— |
0.06 |
| |
$1.78 |
$2.11 |
$2.53 |
$2.31 |
$2.21 |
| |
|
|
| Net income per share — Diluted |
|
|
| Continuing operations |
$1.77 |
$2.11 |
$2.52 |
$2.30 |
$2.14 |
| Discontinued operations |
— |
— |
— |
— |
0.06 |
| |
$1.77 |
$2.11 |
$2.52 |
$2.30 |
$2.20 |
| |
|
|
| Dividends declared per share |
$1.60 |
$1.52 |
$1.44 |
$1.36 |
$1.28 |
| |
|
|
| Common shares outstanding (millions) |
|
|
| Average for the year |
690.5 |
651.8 |
569.6 |
529.9 |
488.0 |
| End of year |
696.2 |
684.4 |
616.5 |
539.8 |
489.0 |
|
