|
|
Year ended September 30, |
(dollars in millions) |
2003 |
2002 |
2001 |
|
Operating revenue — Note 8 |
$68,529 |
$66,463 |
$65,834 |
![](/oldassets/history/anrpt03/images/spacer.gif) |
Operating expenses: |
![](/oldassets/history/anrpt03/images/spacer.gif) |
![](/oldassets/history/anrpt03/images/white.gif) |
Compensation and benefits — Notes 2, 3, 6 and 7 |
50,428 |
51,557 |
51,351 |
![](/oldassets/history/anrpt03/images/white.gif) |
Transportation |
4,989 |
5,132 |
5,056 |
![](/oldassets/history/anrpt03/images/white.gif) |
Other |
8,485 |
8,545 |
9,233 |
![](/oldassets/history/anrpt03/images/spacer.gif) |
Total operating expenses |
63,902 |
$65,234 |
$65,640 |
![](/oldassets/history/anrpt03/images/spacer.gif) |
![](/oldassets/history/anrpt03/images/spacer.gif) |
![](/oldassets/history/anrpt03/images/white.gif) |
Income from operations |
4,627 |
1,229 |
194 |
![](/oldassets/history/anrpt03/images/spacer.gif) |
Interest and investment income |
58 |
46 |
35 |
Interest expense on deferred |
![](/oldassets/history/anrpt03/images/white.gif) |
retirement liabilities — Notes 6 and 7 |
(116) |
(1,601) |
(1,603) |
Interest expense on borrowings |
(334) |
(340) |
(306) |
Debt repurchase expense |
(360) |
– |
– |
Emergency preparedness appropriations — Note 11 |
177 |
179 |
– |
Emergency preparedness expenses — Note 11 |
(184) |
(189) |
– |
![](/oldassets/history/anrpt03/images/spacer.gif) |
Net income (loss) |
$ 3,868
![Double Total Line](/oldassets/history/anrpt03/images/doubleline.gif) |
$ (676)
![Double Total Line](/oldassets/history/anrpt03/images/doubleline.gif) |
$ (1,680)
![Double Total Line](/oldassets/history/anrpt03/images/doubleline.gif) |
![](/oldassets/history/anrpt03/images/spacer.gif) |
See accompanying notes to financial statements. |
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