Filed Pursuant to Rule 424(b)(7)
File No. 333-128390
Prospectus Supplement No. 2
to Prospectus Dated December 5, 2005
$2,500,000,000
Floating Rate Convertible Senior Debentures due 2035
This prospectus supplement updates and amends certain information contained in the prospectus
dated December 5, 2005, as supplemented by prospectus supplement No. 1 dated December 12, 2005,
relating to the offer and sale from time to time by certain selling securityholders of up to
$2,500,000,000 aggregate principal amount of our Floating Rate Convertible Senior Debentures due
2035 and any shares of common stock issuable upon conversion of the debentures. The terms of the
debentures are set forth in the prospectus and any supplements or amendments thereto. This
prospectus supplement should be read in conjunction with, and may not be delivered or utilized
without, the prospectus and any amendments or supplements thereto. This prospectus supplement is
qualified by reference to the prospectus and any amendments or supplements thereto, except to the
extent that the information in this prospectus supplement supersedes the information contained in
the prospectus or in any prospectus supplement. The terms of the debentures are set forth in the
prospectus.
The securities offered hereby involve significant risks and uncertainties. These risks are
described under the caption Risk Factors beginning on page 5 of the prospectus. You should
consider these Risk Factors before purchasing these securities.
The debentures are not deposits or other obligations of a depository institution and are not
insured by the Federal Deposit Insurance Corporation, The Bank Insurance Fund or any other
governmental agency.
Neither the Securities and Exchange Commission nor any state securities commission has approved or
disapproved of these securities or determined if this prospectus is truthful or complete. Any
representation to the contrary is a criminal offense.
SELLING SECURITYHOLDERS
The information in the table appearing under the caption Selling Securityholders in the
prospectus is modified by adding the information below with respect to persons not previously
listed in the prospectus or in any amendments or supplements thereto, and by superseding the
information with respect to persons previously listed in the prospectus or in any amendments or
supplements thereto with the information that is set forth below.
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Debentures |
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Common |
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Shares of Common |
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Owned |
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Stock |
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Principal Amount of |
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Stock Beneficially |
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Common |
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After |
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Owned After |
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Debentures |
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Owned Upon |
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Stock Offered Upon |
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Completion |
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Completion |
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Beneficially Owned |
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Conversion of |
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Conversion of |
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of |
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of |
Name |
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and Offered |
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Debentures (1) |
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Debentures (1) |
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Offering (2) |
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Offering (2) |
Aviva Life Insurance Co. |
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2,750,000 |
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76,261 |
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76,261 |
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0 |
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0 |
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CGNU Life Fund |
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1,900,000 |
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52,690 |
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52,690 |
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0 |
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0 |
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Citigroup Global Markets Inc. |
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6,020,000 |
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166,944 |
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166,944 |
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0 |
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0 |
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Commercial Union Life Fund |
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2,350,000 |
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65,169 |
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65,169 |
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0 |
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0 |
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Family Service Life Insurance Co. |
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200,000 |
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5,546 |
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5,546 |
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0 |
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0 |
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Guardian Life Insurance Co. |
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13,800,000 |
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382,696 |
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382,696 |
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0 |
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0 |
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Guardian Pension Trust |
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1,000,000 |
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27,731 |
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27,731 |
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0 |
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0 |
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JPMorgan Asset Management (A/C
231116) |
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975,000 |
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27,038 |
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27,038 |
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0 |
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0 |
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KBC Financial Products USA, Inc. |
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4,249,000 |
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117,831 |
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117,831 |
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0 |
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0 |
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Lehman Brothers, Inc. |
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15,000,000 |
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415,974 |
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415,974 |
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0 |
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0 |
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Norwich Union Life and Pensions |
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3,300,000 |
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91,514 |
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91,514 |
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0 |
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0 |
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Other (3)(4) |
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766,816,000 |
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(1) |
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Assumes conversion of all of the holders debentures at the maximum
initial conversion rate of 27.7316 shares per debenture. However, the
maximum conversion rate is subject to adjustment as described under
Description of DebenturesConversion RightsConversion Rate
Adjustments. As a result, the amount of common stock issuable upon
conversion of the debentures may increase or decrease in the future. |
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(2) |
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Assumes that all of the debentures and/or all of the common stock into
which the debentures are convertible are sold. No selling
securityholder will own more than 1% of our outstanding common stock
after the offering by such securityholder. |
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(3) |
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Information about other selling securityholders will be set forth in
an amendment to the registration statement of which this prospectus is
a part or in prospectus supplements, as required. |
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(4) |
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Assumes that any other holders of debentures, or any future
transferees, pledgees, donees or successors of or from any such other
holders of debentures, do not beneficially own any common stock other
than the common stock issuable upon conversion of the debentures. |
We prepared this table based on the information supplied to us by the selling securityholders
named in the table. The selling securityholders listed in the above table may have sold or
transferred, in transactions exempt from the registration requirements of the Securities Act, some
or all of their debentures since the date on which the information is presented in the above table.
Information about the selling securityholders may change over time. Any changed information will
be set forth in prospectus supplements and/or amendments to the registration statement of which the
prospectus, as supplemented by this prospectus supplement, is a part.
Because the selling securityholders may offer all or some of their debentures or the
underlying common stock from time to time, we cannot estimate the amount of the debentures or the
underlying common stock that will be held by the selling securityholders upon the termination of
any particular offering. See the section of the prospectus captioned Plan of Distribution.
None of the named selling securityholders nor any of their affiliates, officers, directors or
principal equity holders has held any position or office or has had any material relationship with
us within the past three years.
The date of this prospectus supplement is January 11, 2006