I hope this turns out :o) It is a little project I have started. There will be more coming but just thought you folk maybe interested to see what the big companies are up to.

SEC FILES

SEC Filings

Chemical - Refining

DOW CHEMICAL CO /DE/

DUPONT E I DE NEMOURS & CO - Quarterly Report (SEC form 10-Q)

KAISER ALUMINUM CORP

EASTMAN CHEMICAL CO - Quarterly Report (SEC form 10-Q)

Health

**UNITED HEALTHCARE CORP

PHARMACIA & UPJOHN INC

LILLY ELI & CO - Quarterly Report (SEC form 10-Q)

JOHNSON & JOHNSON

COLUMBIA HCA HEALTHCARE CORP/ - Quarterly Report (SEC

MILLENNIUM PHARMACEUTICALS INC - Quarterly Report (SEC form 10-Q)

????BRISTOL MYERS SQUIBB CO

Finance

MERRILL LYNCH & CO INC. MER form 10-Q

***EDGAR ONLINE INC

MERRILL LYNCH LIFE INSURANCE COMPANY

MORGAN STANLEY DEAN WITTER CHARTER

BANKBOSTON CORP - Quarterly Report (SEC form 10-Q)

WITTER DEAN DIVERSIFIED FUTURES FUND III L P

Transportation & Lodging

US AIRWAYS GROUP INC - Quarterly Report (SEC form 10-Q)

HILTON HOTELS CORP 10-Q

TRUMP HOTELS & CASINO RESORTS FUNDING

HOST MARRIOTT SERVICES CORP - Quarterly Report (SEC form 10-Q)

GOODYEAR TIRE & RUBBER CO /OH/ - Quarterly Report (SEC form 10-Q)

UNION PACIFIC CORP

Power - Energy

Shell - SUO7B02 form 10-Q

EXXON CORP

TEXACO INC - Quarterly Report (SEC form 10-Q)

MOBIL CORP - Quarterly Report (SEC form 10-Q)

CHEVRON CORP - Quarterly Report (SEC form 10-Q)

POTOMAC ELECTRIC POWER CO - Quarterly Report (SEC form

PECO ENERGY CO

EDISON INTERNATIONAL

PG&E CORP - Quarterly Report (SEC form 10-Q)

Communication

VIACOM INC - Quarterly Report (SEC form 10-Q)

GTE CORP

AT&T CORP

BELLSOUTH CORP (BLS) form 10-Q

BELL ATLANTIC CORP - Quarterly Report (SEC form 10-Q)

SOUTHWESTERN BELL TELEPHONE CO - Quarterly Report (SEC form 10-Q)

Tech - Controls

GENERAL ELECTRIC CO - Quarterly Report (SEC form 10-Q)

ROCKWELL INTERNATIONAL CORP

TEXAS INSTRUMENTS INC

LUCENT TECHNOLOGIES INC

MOTOROLA INC - Quarterly Report (SEC form 10-Q)

INTEL CORP - Quarterly Report (SEC form 10-Q)

UNISYS CORP - Quarterly Report (SEC form 10-Q)

INTERNATIONAL BUSINESS MACHINES CORP - Quarterly Report (SEC form

Retail

REEBOK INTERNATIONAL LTD - Quarterly Report (SEC form 10-Q)

TANDY CORP /DE/ - Quarterly Report (SEC form 10-Q)

LA-Z-BOY INC - Quarterly Report (SEC form 10-Q)

SEARS ROEBUCK & CO (S) form 10-Q

COLGATE PALMOLIVE CO

WHIRLPOOL CORP

SAFEWAY INC - Quarterly Report (SEC form 10-Q)

PLAYTEX PRODUCTS INC - Quarterly Report (SEC form 10-Q)

EASTMAN KODAK CO - Quarterly Report (SEC form 10-Q)

Food

Quaker Oats - OAT form 10-Q

NABISCO GROUP HOLDINGS CORP

RALSTON PURINA CO

**COCA COLA CO - Quarterly Report (SEC form 10-Q)

DOLE FOOD COMPANY INC - Quarterly Report (SEC form 10-Q)

Some Fortune 500 Y2K Late

ECHO BAY MINES LTD - Quarterly Report (SEC form 10-Q)

????AMYLIN PHARMACEUTICALS INC

LOCKHEED MARTIN CORP form 10-Q

BOEING CO - Quarterly Report (SEC form 10-Q)

Natural Gas- TCLPZ form 10-Q

-- Brian (imager@home.com), August 14, 1999

Answers

Ah! it worked :o) This is kind of a start, there are two sites the links go to Yahoo and 10 - K Wizard. Out of the two 10 - K Wizard seems to be the best as their filings get posted right away and Yahoo's comes in dribs and drabs. Oh and all the filings are recent, starting from the start of Aug.

Most of the Y2K information is at the bottom of the filing or you can search "Year 2000" from your browser once you are at the filing to find the disclosure. I thought this kind of thing would interest folks as the companies above employ alot of people or interact with alot of other companies.

Enjoy.

-- Brian (imager@home.com), August 14, 1999.

Thanks Brian!

August 4, 1999
PG&E CORP (PCG)
Quarterly Report (SEC form 10-Q)

[snip]

Year 2000:

[snip]

Although we expect our efforts and those of our external parties to be successful, given the complex interaction of today's computing and communications systems, we cannot be certain we will be completely successful. Accordingly, we have considered the most reasonably likely worst case Year 2000 scenarios that could affect us or the Utility, and we believe that they mainly involve public overreaction before and during the New Year period that could create localized telephone problems due to congestion, temporary gasoline shortages, and curtailment of natural gas usage by customers. In addition, it is reasonably likely that there will be minor technical failures such as localized telephone outages and small isolated malfunctions in our computer systems that will be immediately repaired. None of these reasonably likely scenarios are expected to have a material adverse impact on the Utility's or our financial position, results of operations, or cash flows. Nevertheless, if we, or third parties with which we have significant business relationships, fail to achieve and sustain Year 2000 readiness of mission-critical systems, there could be a material adverse impact on the Utility and our financial position, results of operations, and cash flows.

[snip--to end]

Translation... Y2K could cause minor inconveniences... no guarantees. If its a problem... its not our fault.

*Sigh*

Diane

-- Diane J. Squire (sacredspaces@yahoo.com), August 14, 1999.

Diane

There is alot of that kind of talk. The disclosures don't seem to be writen for the common person, they seem to be more conserned about the legal problems than the failures. It will be interesting to dig around and find all the question marks.

It should be pointed out that they are required to state the worst case senerio. On a few of them though it is not needed. They just state the problem is bad.

Another thing that is very common is the lack of faith in the power supply, and the "command centers" that some are setting up from Dec. to early 2000. Obviously not reading Steve Hewitt's material.

Oh and in Texaco's statement 15% of non IT systems had problems. This is WAY higher than has been reported before. There are alot of pieces to the big y2k puzzle in all these documents.

-- Brian (imager@home.com), August 14, 1999.

Brian, A hard-hitting post. When I called Exxon on the phone to investigate, the only response I could get is "We're ready." Well, according to the 8-13-99 post, Exxon is not compliant. To wit:

EXXON CORPORATION

YEAR 2000 ISSUE

Plans for achieving Year 2000 compliance were finalized during 1997, and implementation work has been underway since then. The initial phases of this work, an inventory and assessment of potential problem areas, have been . Modification and testing phases continue, with more than 95 percent of required system modifications to mission critical systems completed. Some work is continuing into 1999, including final testing of some systems and scheduled implementation of new systems with Year 2000 impacts. Attention has also been focused on compliance attainment efforts of vendors and others, including key system interfaces with customers and suppliers. Most key suppliers and business partners have been contacted for clarification of their Year 2000 plans and over three-fourths have confirmed that compliance plans are in place. Follow-up discussions are being held with key suppliers when necessary to gain satisfaction on their state of readiness. These reviews will continue through 1999. Testing of critical third party products and services is underway, including such areas as process control systems, credit card processing, banking transactions and telecommunications.

Notwithstanding the substantive work efforts described above, the corporation could potentially experience disruptions to some mission critical operations or deliveries to customers as a result of Year 2000 issues, particularly in the first few weeks of the year 2000. Such disruptions could include impacts from potentially non-compliant systems utilized by suppliers, customers, government entities or others. Given the diverse nature of Exxon's operations, the varying state of readiness of different countries and suppliers, and the interdependence of Year 2000 impacts, the potential financial impact or liability associated with such disruptions cannot be reasonably estimated.

Exxon operating sites around the world, including those in developing countries, are working with key suppliers in their respective countries to address Year 2000 issues. In addition, Year 2000 Business Contingency Guidelines are being used by all operating organizations and affiliates, and include specific reference to areas such as transportation, telecommunications and utility services. Existing site contingency plans are being updated in order to attempt to mitigate the extent of potential disruption to business operations. This work is essentially complete with refinement of contingency plans continuing through 1999.

EXXON CORPORATION

Through June 30, 1999, about $210 million of costs had been incurred in the corporation's efforts to achieve Year 2000 compliant systems. The total cost to the corporation of achieving Year 2000 compliant systems is currently estimated to be $225 to $250 million, primarily over the 1997-1999 timeframe, and is not expected to be a material incremental cost impacting Exxon's operations, financial condition or liquidity.

-- Puddintame (achillesg@hotmail.com), August 14, 1999.

Note: The second quoted sentence from Exxon above contains an unintentional deletion. The language is not very significant, but you should click through to the original document if you're copying for any reason. Also, the above passage is not the complete y2k disclosure as I intentionally deleted some of the boilerplate stuff.

-- Puddintame (achillesg@hotmail.com), August 14, 1999.

"Notwithstanding the substantive work efforts described above, the corporation could potentially experience disruptions to some mission critical operations or deliveries to customers as a result of Year 2000 issues, particularly in the first few weeks of the year 2000"

Puddintame

I thought the above qoute to be particularly interesting. Usually they don't put a time frame on the possible failures but Exxon did.

Alot of the disclosure stuff is pretty standard but it is the little comments they sometimes throw in that catches my attention.

I think it might interest folk that these disclosures have not been out very long, most just a few days so not many people have read them.

-- Brian (imager@home.com), August 14, 1999.

Brian,

Regarding your statement: "Oh and in Texaco's statement 15% of non IT systems had problems.", I cannot find that in the Texaco report.

I did find a reference to "and about 5% of our industrial automation systems", but not a 15%.

Could you point me to the right place?

Thanks in advance.

Jerry

-- Jerry B (skeptic76@erols.com), August 14, 1999.

BTW,

The reports at these sites appear to be selected portions of the full 10Qs. If anyone wants a complete 10Q, or wants to be sure it's the genuine article, you can find them on the SEC EDGAR site at: http://www.sec.gov/edaux/formlynx.htm

There is usually a few day delay in making them public at the EDGAR site, but since all of the 2nd (calendar) quarter reports should be filed by Monday(?), that should not be a problem by sometime next week.

Jerry

-- Jerry B (skeptic76@erols.com), August 14, 1999.

Well now isn't that interesting, Exxon stating that there could be potential disruption in servicing it's customers. I guess if there's no gasoline delivered to PG&E's service centers, then that means no gas and electric crews will be driving anywhere to repair anything!

-- bardou (bardou@baloney.com), August 14, 1999.

Brian,

Wow, this is a lot of work you've done for us. Thanks! Question: Isn't a Y2K statement a mandatory requirement of the 10-Q filings? I haven't read them all yet, but noticed that Bristol Myers' has no mention of Y2K.

-- RUOK (RUOK@yesiam.com), August 14, 1999.

A couple of items that caught my notice--

From Chevron: "Because of the scope of Chevron's operations, the company believes it is impractical to eliminate all potential Year 2000 problems before they arise. As a result, Chevron expects that for non-mission-critical items and those mission-critical items that remain "worked around," Year 2000 remedial efforts will continue into the year 2000." I recall reading before that Chevron had acknowledged that they were not going to make it and would rely on fix on failure for some of their mission critical systems. So, this is nothing new...just further confirmation.

From Union Pacific: "The contingency plans also include a Y2K command center that will be staffed 24 hours a day in the fourth quarter of 1999 and continuing into early 2000."

-- RUOK (RUOK@yesiam.com), August 14, 1999.

Jerry you are correct it was 5% not 15%... Good thing I like to have a refferance link to keep me humble, sorry about that.

It may have been another corp. I don't know, been through a hundred disclosures I guess in the last week. Lots of data. From now on it is copy and paste.

RUOK

Yes they should have a disclosure and don't. Might be ok if it was a florist but a major health corp raises some eyebrows. Of course I haven't checked out the SEC site.

-- Brian (imager@home.com), August 15, 1999.

I had to go back to Bristo Myers 1999 annual report (10K) to find this (which seems to be just boilerplate):

Year 2000

The Company has reviewed its information systems for Year 2000 compliance. The Year 2000 problem arises because many computer systems use only two digits to represent the year. These programs may not process dates beyond 1999, which may cause miscalculations or system failures.

The Company has a comprehensive compliance program to assess the Year 2000 problem in the processing of data in the Company's information technology (IT) and non-IT systems, including manufacturing, and research and development systems. With regard to IT systems, this program has been implemented, and the assessment as well as the required corrective actions and testing are substantially complete. With regard to the critical manufacturing, and research and development systems, the assessment has been completed, with corrective actions and testing to be substantially completed by mid-year 1999.

In connection with this compliance program, the Company also has asked critically important vendors, customers, suppliers, governmental regulatory authorities and financial institutions, whose incomplete or untimely resolution of the Year 2000 problem could potentially have a significant impact on the Company's operations, to assess their Year 2000 readiness. This assessment has been substantially completed.

Contingency plans are being prepared, where necessary, to minimize any significant exposures from the failures of these third parties to be Year 2000 compliant. These plans will be substantially completed by mid-year 1999, and include development of backup procedures, identification of alternate suppliers, and possible increases in inventory levels.

The Company does not expect the Year 2000 problem, as well as the cost of the compliance program, to have a material impact on the Company's results of operations, financial condition or cash flows. However, there can be no absolute assurance that third parties will convert their systems in a timely manner and in a way that is compatible with the Company's systems.

Jerry

-- Jerry B (skeptic76@erols.com), August 15, 1999.

Jerry

Found the 15% failure below. Don't know how I got it confused with Texaco but this is even less comforting.

LILLY ELI & CO - Quarterly Report (SEC form 10-Q)
 

The most important non-IT systems are various laboratory and process automation devices. The Company has completed a global assessment of all devices. Based on this assessment, only a small percentage (15 percent) of all automation devices appear to require upgrade or replacement. As of June 30, 1999, the Company had completed remediation of approximately 90% of the critical devices which represents 100% of the devices that are available to be fixed. The remaining devices are scheduled for completion throughout the remainder of 1999 during routine scheduled maintenance.

-- Brian (imager@home.com), August 15, 1999.