INVESTOR RELATIONS

1995 Annual Report

Financial Highlights
(Dollars in millions, except per share data)
1995
1994
For The Year
Net Sales
$ 4,867.5 $ 4,819.4
Income from operations 268.9 133.6
Basic Steel segment operating income 310.7 166.0
Net income 179.6 80.5
Net income per Common share 1.24 .35
Cash provided from operating activities 586.3 383.7
Capital expenditures 266.8 444.6
Depreciation 284.0 261.1
 
Raw steel production capability
(net tons in thousands)
11,500 11,500
Raw steel production (net tons in thousands) 10,449 9,817
Steel products shipped (net tons in thousands) 8,986 9,262
Average number of employees receiving pay 19,500 19,900
 
At Year End
Cash and cash equivalents
$ 180.0 $ 159.5
Available borrowings under bank commitments 332.0 406.5
Total debt and capital lease obligations 638.3 757.3
Stockholders' equity 1,238.3 1,155.8
Total debt as a percent of invested capital 34 % 40 %
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Chairman's Letter Business Units and Facilities
Financial Review and Operating Analysis
Financial Statements Financial Notes
Report of Auditors and Management Statement
Five-Year Financial and Operating Summaries
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