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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

 

 

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