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Major currencies and the approximate amounts associated with for- eign exchange contracts consisted of the following at December 31: 

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Buy amounts represent the U.S. dollar equivalent of commit- ments to purchase foreign currencies and sell amounts represent the U.S. dollar equivalent of commitments to sell foreign curren- cies. Foreign exchange contracts that do not involve U.S. dollars have been converted to U.S. dollars for disclosure purposes. 

Foreign currency forward contracts, used only to fix the dollar value of specific commitments and payments to international ven- dors and the value of foreign currency denominated receipts, have maturities at various dates through 2013 as follows: $617 million in 2004, $180 million in 2005, $106 million in 2006, $56 million in 2007, and $89 million thereafter. 

## 333 NOTE S: OTHER INCOME AND EXPENSE 

The components of other expense (income), net were as follows: 

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In 1995, through the acquisition of E-Systems, Inc., the Company invested in Space Imaging and currently has a 31 percent equity investment in Space Imaging LLC. In 2002, the Company recorded a $175 million charge to write off the Company’s invest- ment in Space Imaging and accrue for payment under the Company’s guarantee of a Space Imaging credit facility that matured in March 2003. In the first quarter of 2003, the Company paid $130 million related to the credit facility guarantee. In exchange for this payment, the Company received a note from Space Imaging for this amount that the Company has valued at zero. 

