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FINANCIAL HIGHLIGHTS
( in millions, except per share amounts )
Years Ended
May 26,
1996
May 28,
1995
May 29,
1994
May 30,
1993
May 31,
1992
Net sales

$ 2,623.1 $ 2,379.4 $ 2,295.4 $ 2,013.7 $ 1,717.5
Net income (loss)

$ 185.4 $ 264.2 $ 264.0 $ 130.3 $ (120.1)
Net earnings (loss) per share:
- Primary
$ 1.36 $ 2.02 $ 2.02 $ 0.98 $ (1.24)
- Fully diluted
$ 1.34 $ 1.92 $ 1.87 $ 0.98 ($ 1.24)

Weighted average common and common equivalent shares outstanding:
- Primary
132.5 125.2 121.4 115.9 104.6
- Fully diluted
138.6 137.5 141.4 115.9 104.6

Research & development expense

$ 361.3

$ 283.1

$ 257.8

$ 229.2

$ 208.9
Capital additions $ 628.1 $ 476.8 $ 270.7 $ 235.1 $ 189.4
Current ratio
1.86 1.72 1.76 1.67 1.26
Debt-to-equity ratio
23.6% 7.5% 2.7% 5.7% 8.4%
Number of employees
(in thousands)

20.3 22.4 22.3 23.4 27.2














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9 October 1996