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<img src='content_image/100902.jpg'>

The Company’s accumulated postretirement benefit obligations, exclusive of pensions, take into account certain cost-sharing provisions. The annual rate of increase in the cost of covered benefits (i.e., healthcare cost trend rate) is assumed to be 14% at December 31, 2002, decreasing gradually to an ultimate rate of 5% at December 31, 2012. A one percentage point change in the assumed healthcare cost trend rate would have changed the ABO by approximately $1,490 at December 31, 2002, and would have changed the 2002 aggregate of the service and interest cost components of postretirement benefit expense by approximately $45. 

## 11. Income Taxes 

Pension and other postretirement benefit expenses consisted of the following: 

<img src='content_image/100910.jpg'>

The components of income before income taxes and the income tax provision follow: 

<img src='content_image/100907.jpg'>

