EXHIBIT 99-2
SEGMENT INFORMATION
The Company is organized by product-based global business units. The segments
manufacture and market products as follows:
- - Fabric and home care includes laundry, fabric enhancers, dish care and hard
surface cleaners.
- - Baby and family care includes diapers, wipes, tissues and towels.
- - Beauty care includes cosmetics, hair care, deodorants, fine fragrances,
tampons, pads and liners.
- - Health care includes personal health care, oral care, pharmaceuticals and pet
health and nutrition.
- - Snacks and beverages includes coffee, snacks, commercial services and juice
The corporate segment includes both operating and non-operating elements such as
financing and investing activities, intangible asset amortization, goodwill and
indefinite-lived intangible asset amortization prior to SFAS No. 142 adoption on
July 1, 2001, certain employee benefit costs, charges related to restructuring,
segment eliminations and other general corporate items. The segment eliminations
adjust management reporting principles to accounting principles generally
accepted in the United States of America and primarily affect the treatment of
unconsolidated investees and income taxes, which are reflected in the business
segments using estimated local statutory tax rates. Corporate assets primarily
include cash, investment securities and goodwill. The results for the elements
of the former food and beverage segment that have been divested or spun-off
(i.e., Jif, Crisco and commercial shortening and oils) are reflected in
Corporate.
THE PROCTER & GAMBLE COMPANY AND SUBSIDIARIES
(Amounts in Millions)
New Structure - Segment Information
Fabric and Baby and Beauty Health Snacks and
Home Care Family Care Care Care Beverage Corporate Total
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Net Sales 2002 $11,618 $9,233 $10,723 $4,979 $3,249 $436 $40,238
2001 11,660 9,221 10,027 4,353 3,460 523 39,244
2000 12,157 9,119 10,314 3,909 3,855 597 39,951
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Net Earnings 2002 1,831 738 1,610 521 303 (651) 4,352
2001 1,643 658 1,361 390 242 (1,372) 2,922
2000 1,450 698 1,265 335 277 (483) 3,542
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Before-Tax Earnings 2002 2,728 1,272 2,354 795 476 (1,242) 6,383
2001 2,430 1,119 2,017 584 401 (1,935) 4,616
2000 2,318 1,174 2,036 540 425 (957) 5,536
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Depreciation and Amortization 2002 326 503 339 163 121 241 1,693
2001 328 563 293 159 128 800 2,271
2000 354 528 330 159 128 692 2,191
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Total Assets 2002 5,149 7,069 5,500 2,542 2,012 18,504 40,776
2001 5,533 6,846 5,154 2,290 2,229 12,335 34,387
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Capital Expenditures 2002 368 702 354 158 125 (28) 1,679
2001 516 1,152 416 231 217 (46) 2,486
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The segment results as previously reported are as follows:
THE PROCTER & GAMBLE COMPANY AND SUBSIDIARIES
(Amounts in Millions)
Prior Structure - Segment Information
Fabric and Baby, Feminine Beauty Health Food and
Home Care & Family Care Care Care Beverages Corporate Total
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Net Sales 2002 $11,618 $11,877 $8,079 $4,979 $3,801 ($116) $40,238
2001 11,660 11,991 7,257 4,353 4,139 (156) 39,244
2000 12,157 12,044 7,389 3,909 4,634 (182) 39,951
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Net Earnings 2002 1,831 1,170 1,177 521 384 (731) 4,352
2001 1,643 1,052 967 390 332 (1,462) 2,922
2000 1,450 1,069 894 335 364 (570) 3,542
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Before-Tax Earnings 2002 2,728 1,961 1,664 795 604 (1,369) 6,383
2001 2,430 1,745 1,392 584 546 (2,081) 4,616
2000 2,318 1,817 1,393 540 566 (1,098) 5,536
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Depreciation and Amortization 2002 326 621 221 163 135 227 1,693
2001 328 673 183 159 146 782 2,271
2000 354 664 194 159 153 667 2,191
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Total Assets 2002 5,149 8,771 3,798 2,542 2,091 18,425 40,776
2001 5,533 8,629 3,371 2,290 2,479 12,085 34,387
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Capital Expenditures 2002 368 856 200 158 137 (40) 1,679
2001 516 1,307 261 231 235 (64) 2,486
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