 |
|
|
Notes to Consolidated Financial Statements
(Continued)
Note 16.
Additional Information:
|  | |
|
 |
|
(in millions)
For the years ended December 31, |
|
2003 |
|
|
2002 |
|
2001 |
|
|
 |
|
Research and development expense |
 |
$ 762 |
|
 |
$ 686 |
|
$ 647 |
|
|
 |
|
Advertising expense |
 |
$1,657 |
|
 |
$1,869 |
|
$2,196 |
|
|
 |
|
Interest and other debt |
 |
|
|
 |
|
|
|
|
|
|
expense, net: |
 |
|
|
 |
|
|
|
|
|
|
Interest expense |
 |
$1,367 |
|
 |
$1,327 |
|
$1,659 |
|
|
|
Interest income |
 |
(217) |
|
 |
(193) |
|
(241) |
|
|
 |
|
|
 |
$1,150 |
|
 |
$1,134 |
|
$1,418 |
|
|
 |
|
Interest expense of financial |
 |
|
|
 |
|
|
|
|
|
|
services operations |
 |
|
|
 |
|
|
|
|
|
|
included in cost of sales |
 |
$ 108 |
|
 |
$ 97 |
|
$ 99 |
|
|
 |
|
Rent expense |
 |
$ 767 |
|
 |
$ 741 |
|
$ 650 |
|
|
 |
|  | |
Minimum rental commitments under non-cancelable operating leases in effect at December 31, 2003, were as follows:
| (in millions) |
 |
| 2004 |
$ 552 |
| 2005 |
399 |
| 2006 |
277 |
| 2007 |
208 |
| 2008 |
157 |
| Thereafter |
450 |
 |
| $2,043 |
 |
|  | |
|