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F-27
Other income (expense) — net
For the year ended December 31, 2002, the decrease of $19 in other expense was primarily the result of a $10 reversal of an item
previously expensed related to a reciprocal agreement (offset by a reduction to revenues in a prior period), a $9 decrease from corrections
to interest rate swaps relating to debt buybacks and the reduction to other accruals totaling $38, partially offset by a $20 increase from
adjustments to the recognition of income and expense associated with sales of receivables and an $18 increase from corrections to the
timing of the recognition of impairment of investments.
For the year ended December 31, 2001, the $22 increase to other expense was primarily the result of adjustments of approximately $40
for the recognition of the income and expense associated with the sale of receivables, partially offset by decreases to other accruals.
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nterest expense
For the year ended December 31, 2002, the increase to interest expense of $19 was primarily the result of a $32 increase related to long-
term debt for corrections to accounting for certain sale-leaseback transactions, partially offset by a $13 decrease from adjustments to the
timing of the recognition of costs associated with sales of receivables and customer financing.
For the year ended December 31, 2001, the increase to interest expense of $2 was primarily the result of a $10 increase related to long-
term debt recognized on certain sale-leaseback transactions, partially offset by a $4 decrease from adjustments to the timing of the
recognition of costs associated with sales of receivables and customer financing.
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ncome taxes and minority interests
Income tax benefit and minority interests were also adjusted as part of the Second Restatement. The adjustment to income tax benefit,
substantially all as a result of the Second Restatement adjustments, was an increase of $15 and a decrease of $401 for the years ended
December 31, 2002 and 2001, respectively. In addition to the reclassifications noted below, the adjustment to minority interests as a
result of the Second Restatement adjustments was an increase of $26 and a decrease of $12 for the years ended December 31, 2002 and
2001, respectively.
Reclassifications
As a result of the restatement process, various presentation inconsistencies were identified. Adjustments were made to appropriately
reflect certain items in the consolidated statements of operations. The reclassifications were made for royalty expense, (gain) loss on sale
of businesses and assets, minority interest — net of tax (now reported separately), and other items including certain functional spending
and specific expenses. The amounts that were reclassified for the years ended December 31 are detailed below: