PAGE 1
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 11-K
ANNUAL REPORT
PURSUANT TO SECTION 15(d) OF THE
SECURITIES AND EXCHANGE ACT OF 1934
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1999
SAVINGS AND INVESTMENT PLAN
OF E. I. DU PONT DE NEMOURS AND COMPANY
(FULL TITLE OF THE PLAN)
E. I. DU PONT DE NEMOURS AND COMPANY
1007 MARKET STREET
WILMINGTON, DELAWARE 19898
(NAME AND ADDRESS OF PRINCIPAL EXECUTIVE OFFICE OF ISSUER)
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<PAGE>
PAGE 2
INDEX
-----
Page(s)
-------
Report of Independent Accountants ..................... 4
Financial Statements:
Statement of Net Assets Available for
Benefits, as of September 30, 1999 and 1998 ....... 5
Statement of Changes in Net Assets Available
for Benefits, for the Years Ended
September 30, 1999 and 1998 ....................... 6
Notes to Financial Statements ....................... 7-14
Supplemental Schedules*:
Schedule I: Schedule of Assets Held for Investment
Purposes at September 30, 1999 .................... 15
Schedule II: Schedule of Reportable Transactions
for the Year Ended September 30, 1999 ............. 16
EXHIBITS
--------
Exhibit
Number Description
------- -----------
24 Consent of Independent Accountants
- ----------------
*Other supplemental schedules required by Section 2520.103-10 of
the Department of Labor Rules and Regulations for Reporting and
Disclosure under ERISA have been omitted because they are not
applicable.
<PAGE>
PAGE 3
Pursuant to the requirements of the Securities and
Exchange Act of 1934, E. I. du Pont de Nemours and Company has
duly caused this Annual Report to be signed by the undersigned
hereunto duly authorized.
Savings and Investment Plan of
E. I. du Pont de Nemours and Company
Date: March 24, 2000
By /s/ Neil Marchuk
------------------------------------
Neil Marchuk
Director - People Managing Processes
<PAGE>
PAGE 4
REPORT OF INDEPENDENT ACCOUNTANTS
To the Participants and Administrator of the Savings and
Investment Plan of E. I. du Pont de Nemours and Company
In our opinion, the accompanying statement of net assets
available for benefits and the related statement of changes in
net assets available for benefits present fairly, in all
material respects, the net assets available for benefits of the
Savings and Investment Plan of E. I. du Pont de Nemours and
Company (the "Plan") at September 30, 1999 and 1998, and the
changes in net assets available for benefits for the years then
ended in conformity with generally accepted accounting prin-
ciples. These financial statements are the responsibility of
the Plan administrator; our responsibility is to express an
opinion on these financial statements based on our audits. We
conducted our audits of these statements in accordance with
generally accepted auditing standards which require that we plan
and perform the audit to obtain reasonable assurance about
whether the financial statements are free of material misstate-
ment. An audit includes examining, on a test basis, evidence
supporting the amounts and disclosures in the financial state-
ments, assessing the accounting principles used and significant
estimates made by the Plan administrator, and evaluating the
overall financial statement presentation. We believe that our
audits provide a reasonable basis for the opinion expressed
above.
Our audits were conducted for the purpose of forming an opinion
on the basic financial statements taken as a whole. The
supplemental schedules of assets held for investment purposes
and of reportable transactions are presented for the purpose of
additional analysis and are not a required part of the basic
financial statements but are supplementary information required
by the Department of Labor's Rules and Regulations for Reporting
and Disclosure under the Employer Retirement Income Security
Act of 1974. These supplemental schedules are the responsibility
of the Plan administrator. These supplemental schedules have
been subjected to the auditing procedures applied in the audits
of the basic financial statements and, in our opinion, are
fairly stated in all material respects in relation to the basic
financial statements taken as a whole.
PricewaterhouseCoopers LLP
Philadelphia, Pennsylvania
March 8, 2000
<PAGE>
PAGE 5
SAVINGS AND INVESTMENT PLAN
OF
E. I. DU PONT DE NEMOURS AND COMPANY
STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS
SEPTEMBER 30, 1999 and 1998
(Dollars in Thousands)
1999 1998
----------- ----------
Investments ......................... $10,432,263 $9,634,779
Receivables
Due from E. I. du Pont de Nemours
and Company ..................... 31,672 32,832
----------- ----------
Net Assets Available for Benefits ... $10,463,935 $9,667,611
=========== ==========
The accompanying notes are an integral part of these financial
statements.
<PAGE>
PAGE 6
SAVINGS AND INVESTMENT PLAN
OF
E. I. DU PONT DE NEMOURS AND COMPANY
STATEMENT OF CHANGES
IN NET ASSETS AVAILABLE FOR BENEFITS
FOR THE YEARS ENDED SEPTEMBER 30, 1999 and 1998
(Dollars in Thousands)
1999 1998
------------ -----------
Investment Income
Interest .................................. $ 383,912 $ 403,993
Dividends ................................. 163,940 142,703
Net Realized Gains ........................ 216,084 195,393
Net Unrealized Appreciation (Depreciation)
in Fair Value of Investments ............ 463,514 (441,271)
----------- ----------
Total Investment Income ..................... 1,227,450 300,818
Contributions
DuPont Company's Contributions (Net of
Forfeitures Applied of $219 and $276 in
1999 and 1998) ............................ 64,589 74,346
Participants .............................. 253,603 248,660
Rollovers ................................. 93,335 37,353
----------- ----------
Total Additions ............................. 1,638,977 661,177
----------- ----------
Withdrawals ................................. (806,005) (615,500)
Assets Transferred In (Out), Net ............ (39,309) 21,757
Affiliated Company Transfers In (Out), Net .. 2,661 (3,076)
----------- ----------
Total Deductions ............................ (842,653) (596,819)
----------- ----------
Net Increase ................................ 796,324 64,358
Net Assets Available For Benefits:
Beginning of Year ......................... 9,667,611 9,603,253
----------- ----------
End of Year ............................... $10,463,935 $9,667,611
=========== ==========
The accompanying notes are an integral part of these financial statements.
<PAGE>
PAGE 7
SAVINGS AND INVESTMENT PLAN
OF
E. I. DU PONT DE NEMOURS AND COMPANY (THE "COMPANY")
NOTES TO FINANCIAL STATEMENTS
(Dollars in Thousands Unless Otherwise Noted)
NOTE 1 -- DESCRIPTION OF SAVINGS AND INVESTMENT PLAN:
THE PLAN
The following description of the Savings and Investment Plan of
E. I. du Pont de Nemours and Company ("the Plan") provides only general
information. Participants should refer to the Plan agreement for a more
comprehensive description of the Plan's provisions.
The Plan is a defined contribution plan which was established by the
Board of Directors of E.I. du Pont de Nemours and Company (the "Company") and
became effective September 1, 1955. The Plan is subject to the provisions of
the Employee Retirement Income Security Act of 1974 ("ERISA") and the Internal
Revenue Code.
The purpose of the Plan is to encourage and assist employees in
following a systematic savings program suited to their individual financial
objectives, and to provide an opportunity for employees to become stockholders
of the Company. The Plan is a tax qualified contributory profit sharing plan.
Any employee of the Company or employee of the Company's subsidiaries or
general partnerships which have adopted the Plan is eligible to participate in
the Plan. Effective January 1, 1999, eligible employees may enroll in the Plan
as of the first day of the second calendar month following their date of hire.
Prior to January 1, 1999, eligible employees could enroll in the Plan after
they had completed at least one year of continuous service or they had been
compensated for 1,000 or more hours in a period of twelve consecutive months.
Eligible employees may participate in the Plan by authorizing the
Company to make payroll deductions ("participant's savings"). The amount
deducted can be deposited into a Before-tax account, Regular account (for
after-tax savings) or some combination thereof. A participant may elect the
maximum savings rates of 22% before-tax and 22% after-tax for a total maximum
savings rate of 44%. The Company will contribute an amount equal to 50% of a
participant's savings during a month except that no Company contribution will
be made for participant's savings in excess of 6% of monthly pay. All of the
above participant's savings and elections are subject to regulatory and Plan
limitations.
The Company may, at its option, issue DuPont common stock in lieu of
cash contributions to the DuPont Common Stock Fund and also in lieu of cash
dividends on DuPont common stock. The number of shares issued is based upon
the cash value of the contributions and dividends divided by the market value
of DuPont common stock at the end of the month of issue. Shares of DuPont
common stock are allocated to participants in the DuPont Common Stock Fund
based on the ratio of the amount deposited to each participant's account to
the total amount contributed to the DuPont Common Stock Fund.
<PAGE>
PAGE 8
SAVINGS AND INVESTMENT PLAN
OF
E. I. DU PONT DE NEMOURS AND COMPANY (THE "COMPANY")
NOTES TO FINANCIAL STATEMENTS - (Continued)
(Dollars in Thousands Unless Otherwise Noted)
A participant with less than five years of service who withdraws any
matched before-tax or after-tax savings will forfeit a portion of related
company contributions in accordance with specific plan provisions. Company
contributions will be suspended for six months if a participant withdraws,
while in-service, any matched before-tax or after-tax savings or company
contributions contributed to the account during the last two years. A
participant who retires from active service may elect to make an account
withdrawal at any time. Required minimum distributions will begin in March of
the calendar year following the later of the year in which the participant
attains age 70-1/2 or the year following retirement or termination of
employment.
Participants may borrow up to one-half of their nonforfeitable account
balances subject to certain minimum and maximum loan limitations. The loans
are executed by promissory notes and have a minimum term of 12 months and a
maximum term of 60 months, except for qualified residential loans which have a
maximum term of 120 months. The loans bear an interest rate equal to the
average rate charged by selected major banks to prime customers for secured
loans. The loans are repaid over the term in monthly installments of
principal and interest by deduction from pay or pension checks. A participant
also has the right to repay the loan in full at any time without penalty.
ADMINISTRATION
The designated trustee of the Plan is Merrill Lynch Trust Company of
America (Merrill Lynch). The administration of the Plan is vested in the
Company which may designate one or more persons to operate and administer the
Plan. The Company has the responsibility of appointing the trustees and the
authority to designate the Plan's investment options. Reasonable expenses of
administering the Plan, including, but not limited to, recordkeeping expenses,
trustee fees and transactional costs may, at the election of the Plan
Administrator, be paid by participants. For the years ended September 30,
1999 and 1998, such expenses were paid by the Company. Brokerage fees,
transfer taxes, investment fees and other expenses incident to the purchase
and sale of securities and investments shall be included in the cost of such
securities or investments, or deducted from the sales proceeds, as the case
may be.
While the Company has not expressed any intent to terminate the Plan,
it is free to do so at any time. In the event the Plan is terminated, all
participants become vested and the distribution of all account balances will
be made based upon the valuation of participants' accounts on the termination
date in accordance with ERISA.
<PAGE>
PAGE 9
SAVINGS AND INVESTMENT PLAN
OF
E. I. DU PONT DE NEMOURS AND COMPANY (THE "COMPANY")
NOTES TO FINANCIAL STATEMENTS - (Continued)
(Dollars in Thousands Unless Otherwise Noted)
NOTE 2 -- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
INVESTMENT VALUATION AND INCOME RECOGNITION
The accompanying financial statements are prepared on the accrual
basis of accounting. The Plan's investments are stated at fair value, except
for the Plan's interest in the DuPont and Related Companies Defined
Contribution Plan Master Trust ("Master Trust"), which is valued at contract
value. The Plan's interest in the Master Trust is based upon its beginning
value plus actual contributions and allocated investment income less actual
distributions (See Note 3). The Master Trust's guaranteed investment
contracts, separate account portfolios and synthetic guaranteed investment
contracts are fully benefit responsive and thus, are stated at cost plus
accrued interest, using the contracted interest rates applied to the daily
account balances. Mutual funds are valued at quoted market prices which
represent the net asset values of shares held by the Plan at year end.
Common/collective trust funds are valued at unit value, which represents the
fair value of the underlying assets as reported by the applicable custodian.
Loans to participants, short-term investments and cash are valued at cost
which approximates fair value. Common stock is valued at its quoted market
price at year end.
Dividend income is recorded on the ex-dividend date and interest
income is recorded when earned. Realized gains and losses on the sale of the
DuPont Common Stock Fund securities are based on average cost of the
securities sold. Purchases and sales are recorded on a trade date basis.
USE OF ESTIMATES
The preparation of financial statements in conformity with generally
accepted accounting principles requires the Plan Administrator to make
estimates and assumptions that affect the reported amounts in the financial
statements. Actual results could differ from those estimates.
RECLASSIFICATIONS
These financial statements reflect the reclassification of certain
prior year amounts in connection with the adoption of American Institute of
Certified Public Accountants Statement of Position 99-3, "Accounting for and
Reporting of Certain Employee Benefit Plan Investments and Other Disclosure
Matters" ("SOP 99-3"). SOP 99-3 is effective for financial statements for plan
years ending after December 15, 1999. Because earlier application is
encouraged, the provisions of SOP 99-3 have been applied to the September 30,
1999 financial statements.
<PAGE>
PAGE 10
SAVINGS AND INVESTMENT PLAN
OF
E. I. DU PONT DE NEMOURS AND COMPANY (THE "COMPANY")
NOTES TO FINANCIAL STATEMENTS - (Continued)
(Dollars in Thousands Unless Otherwise Noted)
NOTE 3 -- DUPONT AND RELATED COMPANIES DEFINED CONTRIBUTION PLAN MASTER TRUST
On April 1, 1999, the Company and certain affiliates (as employers)
entered into a Master Trust Agreement with Merrill Lynch Trust Company of
America (as the Trustee) to establish a master trust for the investment of the
Stable Value Fund investment option. Prior to April 1, 1999, the assets of the
Stable Value Fund investment option were held solely by the Plan. To partici-
pate in the Master Trust, affiliates who sponsor qualified savings plans and
who have adopted the Master Trust agreement, are required to make monthly
payments to the Trustee of designated portions of employees' savings and other
contributions by the affiliate. The Plan's undivided interest in the Master
Trust was 99.84% as of September 30, 1999. Investment income relating to the
Master Trust is allocated proportionately to the plans within the Master Trust
based on the plan's interest to the total fair value of the Master Trust.
The Master Trust consists of guaranteed investment contracts (GIC),
separate account portfolios (SAP), synthetic guaranteed investment contracts
(SYN) and money market funds. The crediting interest rates on investment
contracts ranged from 5.41% to 9.60% for the year ended September 30, 1999 and
from 5.41% to 9.71% for the year ended September 30, 1998. The fund's blended
rate of return was 7.4% in 1999 and 7.2% in 1998.
The crediting rates for SAP and SYN contracts are reset annually and
are based on the market value of the underlying portfolio of assets backing
these contracts. Inputs used to determine the crediting rate include each
contract's portfolio market value, current yield-to-maturity, duration (i.e.,
weighted average life), and market value relative to contract value. All
contracts have a guaranteed rate of 0% or higher.
The contract values, which approximate the fair values of investment
contracts as of September 30, 1999 and 1998, are as follows:
Contract Values:
1999 1998
---------- ----------
Guaranteed Investment Contracts ................ $ 344,280 $ 771,975
Synthetic Guaranteed Investment Contracts ...... 4,108,236 3,951,688
Separate Account Guaranteed Investment
Contracts .................................... 1,134,183 800,241
---------- ----------
5,586,699 5,523,904
Money Market Funds ............................. 39,608 0
---------- ----------
Total .................................. $5,626,307 $5,523,904
========== ==========
<PAGE>
PAGE 11
SAVINGS AND INVESTMENT PLAN
OF
E. I. DU PONT DE NEMOURS AND COMPANY (THE "COMPANY")
NOTES TO FINANCIAL STATEMENTS - (Continued)
(Dollars in Thousands Unless Otherwise Noted)
At September 30, 1999, the total assets of the Master Trust of
$5,626,307 include participant investments in the Stable Value Fund of
$5,610,158 and participant investments of $16,149 held by the Conservative,
Moderate and Aggressive Allocation Portfolios. At September 30, 1998, the
total Stable Value Fund value of $5,523,904 included participant investments
in the Stable Value Fund of $5,522,067 and participant investments of $1,837
held by the Conservative, Moderate and Aggressive Allocation Portfolios.
Included in the contract value of synthetic guaranteed investment
contracts is $17,605 and ($212,251) at September 30, 1999 and 1998,
respectively, related to wrapper contracts which guarantee the contract value
of the synthetic guaranteed investment contracts for participant-initiated
withdrawal events.
Total interest income for the years ended September 30, 1999 and 1998
was $370,169 for the Master Trust and $388,537 for the Stable Value Fund,
respectively.
NOTE 4 -- INVESTMENTS
Investments that represent more than 5% of the net assets available
for benefits as of September 30, 1999 and 1998 were as follows:
1999 1998
---------- ----------
DuPont Common Stock Fund ................ $1,681,132 $1,757,839
Fidelity Magellan Fund .................. 753,401 558,167
Merrill Lynch Equity Index Tier 6 ....... 746,423 616,449
Stable Value Fund ....................... 5,603,245 5,522,067
None of these investments were nonparticipant-directed.
During the years ended September 30, 1999 and 1998, the Plan's
investments appreciated (depreciated) (including realized gains and losses) in
value as follows:
Net Realized Gains:
1999 1998
-------- --------
Common Stock ......................... $111,918 $129,231
Mutual Funds ......................... 54,276 36,090
Common/Collective Trusts ............. 49,890 30,072
-------- --------
Net Realized Gains ................... $216,084 $195,393
<PAGE>
PAGE 12
SAVINGS AND INVESTMENT PLAN
OF
E. I. DU PONT DE NEMOURS AND COMPANY (THE "COMPANY")
NOTES TO FINANCIAL STATEMENTS - (Continued)
(Dollars in Thousands Unless Otherwise Noted)
Net unrealized appreciation (depreciation) in fair value of investments:
1999 1998
--------- ---------
Common Stock ....................... $ 56,773 $(310,548)
Mutual Funds ....................... 242,500 (172,386)
Common/Collective Trusts ........... 164,241 41,663
-------- ---------
Net Unrealized Appreciation
(Depreciation) ................... $463,514 $(441,271)
NOTE 5 -- REALIZED AND UNREALIZED GAINS AND LOSSES
Realized and unrealized gains and losses are calculated based upon
historical cost of assets. Such gains and losses are computed on a current
value basis for Form 5500. The difference may result in a differing classi-
fication between realized and unrealized but the total gain or loss will be
unaffected.
NOTE 6 -- ASSET TRANSFERS
Net asset transfers out of the Plan during the year ended
September 30, 1999 relate primarily to: (1) the transfer of ($31,717) to the
DuPont Photomasks, Inc. 401(K) Retirement Plan in connection with the 1997
initial public offering of DuPont Photomasks, Inc. business; (2) the transfer
of ($2,559) in connection with the sale of the hydrogen peroxide facility in
Memphis, Tennessee in September 1998 to Elf Atochem North America, Inc.; and
(3) the transfer of ($2,107) in connection with the transfer of participants
to Computer Sciences Corporation ("CSC") in conjunction with the information
technology alliance between the Company and CSC. Asset transfers out of the
Plan during the year ended September 30, 1998 relate primarily to the forma-
tion of an information technology alliance with Andersen Consulting ($11,744)
and the sale of New England Nuclear (NEN) life science products business to
Genstar Capital LLC ($9,120). Although the alliance with Andersen Consulting
and the sale of New England Nuclear were completed in June 1997, assets were
not transferred out of the Plan until January 1998. Asset transfers into the
Plan during the plan year ended September 30, 1998 relate primarily to the
purchase of ICI's PET and PEN polyester resins and PTA chemical intermediates
businesses in December 1997 ($5,095).
Affiliated company transfers in(out) represent the net rollovers of
participant account balances in(out) of the Plan and other Company-sponsored
defined contribution benefit plans.
<PAGE>
PAGE 13
SAVINGS AND INVESTMENT PLAN
OF
E. I. DU PONT DE NEMOURS AND COMPANY (THE "COMPANY")
NOTES TO FINANCIAL STATEMENTS - (Continued)
(Dollars in Thousands Unless Otherwise Noted)
NOTE 7 -- CONOCO CLASS B COMMON STOCK FUND
On September 28, 1998, the Company announced that the Board of
Directors had approved a plan to divest the Company's 100 percent-owned
petroleum business (Conoco, Inc.). On August 6, 1999, the Company completed
the planned divestiture through a tax-free split-off. The Company exchanged
its shares of Conoco Class B common stock for shares of Company common stock.
Plan participants had the option to exchange shares of Company common stock
which were held in their participant accounts in the DuPont Common Stock Fund.
For each share of Company common stock exchanged, the participant received an
appropriate number of shares of Conoco Class B common stock. Accordingly, the
Conoco Class B Stock Fund was created as an investment fund of the Plan. No
additional shares of Conoco Class B common stock may be purchased by Plan
participants through payroll deductions, fund transfers, or the reinvestment
of dividends. Dividends earned on Conoco Class B common stock are distributed
pro-rata to the investment options in participants' accounts based upon their
current investment elections.
NOTE 8 -- INCOME TAX STATUS
The Savings and Investment Plan is a qualified plan pursuant to
Section 401(a) of the Internal Revenue Code (the "Code") and the related
Trusts are exempt from federal taxation under Section 501(a) of the Code.
A favorable tax determination letter from the Internal Revenue Service dated
October 26, 1995 has been received by the Plan. The Plan has been amended
since receiving the determination letter. However, the Plan administrator and
the Plan's tax counsel believe that the Plan is currently designed and
operated in accordance with the applicable sections of the Code. Accordingly,
no provision has been made for federal income taxes in the accompanying
financial statements.
NOTE 9 -- RECONCILIATION OF FINANCIAL STATEMENTS TO FORM 5500
The following is a reconciliation of net assets available for benefits
per the financial statements to the Form 5500:
September 30,
---------------------------
1999 1998
------------ -----------
(Dollars in Thousands)
Net assets available for benefits per the
financial statements ....................... $10,463,935 $9,667,611
Less: Amounts allocated to withdrawing
participants ............................... (4,633) (5,115)
----------- ----------
Net assets available for benefits per the
Form 5500 .................................. $10,459,302 $9,662,496
=========== ==========
<PAGE>
PAGE 14
SAVINGS AND INVESTMENT PLAN
OF
E. I. DU PONT DE NEMOURS AND COMPANY (THE "COMPANY")
NOTES TO FINANCIAL STATEMENTS - (Continued)
(Dollars in Thousands Unless Otherwise Noted)
The following is a reconciliation of benefits paid to participants per
the financial statements to the Form 5500:
Year Ended
September 30, 1999
----------------------
(Dollars in Thousands)
Benefits paid to participants per the
financial statements ............................ $806,005
Add: Amounts allocated to withdrawing
participants at September 30, 1999 .............. 4,633
Less: Amounts allocated to withdrawing
participants at September 30, 1998 .............. (5,115)
--------
Benefits paid to participants per the Form 5500 ... $805,523
========
Amounts allocated to withdrawing participants are recorded on the
Form 5500 for benefit claims that have been processed and approved for payment
prior to September 30 but not yet paid as of that date.
NOTE 10 -- RELATED PARTY TRANSACTIONS
Certain Plan investments are shares of mutual funds and common/
collective trust funds managed by the Trustee. In addition the Plan offers a
Company Stock Fund investment option. The Master Trust is managed by DuPont
Capital Management. Transactions in these investments qualify as party-in-
interest transactions which are exempt from the prohibited transaction rules.
<PAGE>
PAGE 15
SAVINGS AND INVESTMENT PLAN
OF
E. I. DU PONT DE NEMOURS AND COMPANY (THE "COMPANY")
SCHEDULE I
ITEM 27A - SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES
SEPTEMBER 30, 1999
Current
Identity of Issue and Description of Asset Cost Value
- ------------------------------------------------- ---------- -----------
(Dollars in Thousands)
Plan Interest in the DuPont and Related
Companies Defined Contribution Plan Master
Trust ("Master Trust")........................ $5,603,245 $ 5,603,245
Fidelity Magellan Fund ......................... 548,123 753,401
3-Way Asset Allocation Fund .................... 104,647 190,369
*DuPont Common Stock ............................ 977,745 1,681,132
Loans to Participants (8.25%) .................. 164,475 164,475
Short-Term Investments and Cash ................ 8,216 8,216
*Merrill Lynch Global Holdings .................. 42,249 44,810
*Merrill Lynch Capital Fund ..................... 76,146 80,588
*Merrill Lynch Basic Value Fund ................. 125,626 147,906
*Merrill Lynch Small Company Stock Index ........ 14,339 14,510
*Merrill Lynch International Stock Index ........ 11,263 12,975
*Merrill Lynch Equity Index Tier 6 .............. 533,604 746,423
*Conservative Asset Allocation Portfolio ........ 7,933 8,771
*Moderate Asset Allocation Portfolio ............ 12,736 14,434
*Aggressive Asset Allocation Portfolio .......... 11,155 13,017
*Conoco Class B Common Stock..................... 49,514 88,853
AIM Constellation A ............................ 14,054 15,421
AIM Value A .................................... 55,197 60,881
Fidelity Fund .................................. 65,403 64,777
Fidelity Equity-Income ......................... 35,564 36,408
Fidelity Growth & Income ....................... 96,935 98,016
Fidelity Low-Priced Stock ...................... 48,337 42,838
Franklin Balance Sheet Investment .............. 15,894 14,246
Franklin Growth I .............................. 6,726 7,607
Franklin Small Cap Growth I .................... 47,938 55,755
Hotchkis & Wiley Int'l ......................... 34,051 36,985
Janus Enterprise ............................... 58,470 67,754
Janus Mercury .................................. 222,765 262,405
*Merrill Lynch Growth A ......................... 19,301 15,238
MFS Research A ................................. 18,632 20,192
MFS Total Return A ............................. 6,051 5,625
Templeton Foreign I ............................ 35,901 35,460
Templeton Growth I ............................. 20,524 19,530
---------- -----------
Total Assets Held for Investment Purposes $9,092,759 $10,432,263
- ----------
*Party-in-interest
<PAGE>
<TABLE>
PAGE 16
SAVINGS AND INVESTMENT PLAN
OF
E. I. DU PONT DE NEMOURS AND COMPANY
SCHEDULE II
ITEM 27D - SCHEDULE OF REPORTABLE TRANSACTIONS
FOR THE YEAR ENDED SEPTEMBER 30, 1999
(Dollars in Thousands)
Transactions or Series of Transactions in Excess
of 5% of Current Value of Plan Assets as of October 1, 1998
<CAPTION>
Current
Value on
Identity of Purchase Contract Value/ Transaction Gain on
Party Involved Description of Asset Price Sales Price Cost of Asset Date Transaction
- -------------- -------------------- ---------- ----------- --------------- ----------- -----------
<S> <C> <C> <C> <C> <C> <C>
DuPont Common Stock $ 372,678 $ 372,678 $ 372,678
DuPont Common Stock $ 498,639 388,426 498,639 $110,213
Merrill Lynch Pending Settlement 686,001 686,001 686,001
Merrill Lynch Pending Settlement 687,922 687,922 687,922
Master Trust Stable Value Fund 1,084,154 1,084,154 1,084,154
Master Trust Stable Value Fund 1,401,596 1,401,596 1,401,596
</TABLE>
<PAGE>
PAGE 17
EXHIBIT 24
CONSENT OF INDEPENDENT ACCOUNTANTS
We hereby consent to the incorporation by reference in the Registra-
tion Statement on Form S-8 (No. 33-36339) of E. I. du Pont de Nemours and
Company of our report dated March 8, 2000, which appears on page 4 of this
Form 11-K.
PricewaterhouseCoopers LLP
Philadelphia, Pennsylvania
March 24, 2000
