UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: State Farm Mutual Automobile Insurance Company
Address: One State Farm Plaza
Bloomington, IL 61710
13F File Number: 28-00534
The institutional investment manager filing this report and the person by
whom it is signed hereby represent that the person signing the report is
authorized to submit it, that all information contained herein is true,
correct, and complete, and that it is understood that all required items,
statements, schedules, lists, and tables, are considered integral parts of
this form.
Person signing this Report on Behalf of Reporting Manager:
Name: William J. Hess
Title: Sr. Invest. Counsel
Phone: 309-766-2392
Signature, Place, and Date of Signing:
William J. Hess Bloomington, Illinois November 15, 1999
Report Type (Check only one):
[ ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[X] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
13F File Number Name
28-00096 Capital Guardian Trust Co.
28-03946 Barclays Global Investors, N.A.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 322
Form 13F Information Table Value Total (X$1000) : 46,881,335
List of Other Included Managers:
No. 13F File Number Name
01 28-00536 State Farm Investment Management Corp
<PAGE>
<TABLE> <C> <C>
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER -----VOTING AUTHORITY-----
NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (X$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE
- ------------------------------------------------------------------------------------------------------------------------------------
SBS BROADCASTING SA ORD L8137F102 34469 889500 SH SOLE 889500
SBS BROADCASTING SA ORD L8137F102 13957 360181 SH DEFINED 01 360181
A D C TELECOMMUNICATIONS COM 000886101 467897 11156996 SH SOLE 11156996
A D C TELECOMMUNICATIONS COM 000886101 29700 708200 SH DEFINED 01 708200
AES CORP COM 00130H105 108978 1847100 SH SOLE 1847100
AES CORP COM 00130H105 8414 142600 SH DEFINED 01 142600
AT&T CORP COM 001957109 493177 11337392 SH SOLE 11337392
AT&T CORP COM 001957109 37193 855000 SH DEFINED 01 855000
ABBOTT LABS COM 002824100 446536 12171100 SH SOLE 12171100
ABBOTT LABS COM 002824100 10823 294500 SH DEFINED 01 294500
AIR PRODS & CHEMS INC COM 009158106 427915 14638400 SH SOLE 14638400
AIR PRODS & CHEMS INC COM 009158106 30806 1060000 SH DEFINED 01 1060000
ALBERTSONS INC COM 013104104 39150 989600 SH SOLE 989600
ALLERGAN INC COM 018490102 312862 2844200 SH SOLE 2844200
ALLERGAN INC COM 018490102 4257 38700 SH DEFINED 01 38700
ALLIEDSIGNAL INC COM 019512102 148249 2473400 SH SOLE 2473400
ALLIEDSIGNAL INC COM 019512102 13180 219900 SH DEFINED 01 219900
AMERICAN EXPRESS CO COM 025816109 124106 919300 SH SOLE 919300
ANERICAN HOME PRODS CORP COM 026609107 49800 1200000 SH SOLE 1200000
AMERITECH CORP NEW COM 030954101 599722 8982340 SH SOLE 8982340
AMERITECH CORP NEW COM 030954101 19888 296000 SH DEFINED 01 296000
AMGEN INC COM 031162100 90465 1110000 SH SOLE 1110000
AMSOUTH BANCORPORATION COM 032165102 158436 6759912 SH SOLE 6759912
AMSOUTH BANCORPORATION COM 032165102 5474 233549 SH DEFINED 01 233549
ANADARKO PETE CORP COM 032511107 18875 617600 SH SOLE 617600
APPLIED MATLS INC COM 038222105 58652 754700 SH SOLE 754700
APPLIED MATLS INC COM 038222105 8636 110900 SH DEFINED 01 110900
APTARGROUP INC COM 038336103 54774 2047632 SH SOLE 2047632
APTARGROUP INC COM 038336103 6332 236700 SH DEFINED 01 236700
ARCHER DANIELS MIDLAND CO COM 039483102 568436 46857495 SH SOLE 46857495
ARCHER DANIELS MIDLAND CO COM 039483102 48839 4007314 SH DEFINED 01 4007314
ASTRAZENECA PLC SPONSORED ADR 046353108 22254 526723 SH SOLE 526723
ATLANTIC RICHFIELD CO COM 048825103 177251 2000000 SH SOLE 2000000
AUTODESK INC COM 052769106 6802 310900 SH SOLE 310900
AUTODESK INC COM 052769106 1676 76600 SH DEFINED 01 76600
AUTOMATIC DATA PROCESSING INC COM 053015103 17725 397200 SH SOLE 397200
AUTOMATIC DATA PROCESSING INC COM 053015103 5534 124000 SH DEFINED 01 124000
AVALONBAY CMNTYS INC COM 053484101 23940 706705 SH SOLE 706705
BP AMOCO P L C SPONSORED ADR 055622104 450772 4067885 SH SOLE 4067885
BP AMOCO P L C SPONSORED ADR 055622104 22876 206439 SH DEFINED 01 206439
BRE PROPERTIES INC CL A 05564E106 78999 3300188 SH SOLE 3300188
BANK OF AMERICA CORPORATION COM 060505104 195256 3506306 SH SOLE 3506306
BANK OF AMERICA CORPORATION COM 060505104 25503 457968 SH DEFINED 01 457968
BANK ONE CORP COM 06423A103 399041 11462574 SH SOLE 11462574
BANK ONE CORP COM 06423A103 31311 899422 SH DEFINED 01 899422
BARRICK GOLD CORP COM 067901108 13050 600000 SH SOLE 600000
BARRETT RES CORP COM PAR $0.01 068480201 92113 2493733 SH SOLE 2493733
BARRETT RES CORP COM PAR $0.01 068480201 16267 440400 SH DEFINED 01 440400
BATTLE MTN GOLD CO COM 071593107 11364 3565350 SH SOLE 3565350
BATTLE MTN GOLD CO PFD CONV $3.25 071593305 1750 50000 SH SOLE 50000
BAXTER INTL INC COM 071813109 385629 6400497 SH SOLE 6400497
BELL ATLANTIC CORP COM 077853109 393266 5842400 SH SOLE 5842400
BELLSOUTH CORP COM 079860102 105876 2352800 SH SOLE 2352800
BIOMET INC COM 090613100 166743 6337000 SH SOLE 6337000
BIOMET INC COM 090613100 51441 1955000 SH DEFINED 01 1955000
BOSTON PROPERTIES INC COM 101121101 16725 545000 SH SOLE 545000
BOSTON SCIENTIFIC CORP COM 101137107 54534 2203376 SH SOLE 2203376
BOSTON SCIENTIFIC CORP COM 101137107 1471 59600 SH DEFINED 01 59600
BRADLEY REAL ESTATE INC COM 104580105 5513 300000 SH SOLE 300000
BROKEN HILL PROPRIETARY LTD SPONSORED ADR 112169602 44935 1932700 SH SOLE 1932700
BROWN TOM INC COM NEW 115660201 38350 2600000 SH SOLE 2600000
CMS ENERGY CORP COM 125896100 41272 1216100 SH SOLE 1216100
CMS ENERGY CORP COM 125896100 3248 95700 SH DEFINED 01 95700
CAMPBELL SOUP CO COM 134429109 201526 5150800 SH SOLE 5150800
CAMPBELL SOUP CO COM 134429109 4617 118000 SH DEFINED 01 118000
CARDINAL HEALTH INC COM 14149Y108 67931 1246444 SH SOLE 1246444
CATERPILLAR INC DEL COM 149123101 473421 8637100 SH SOLE 8637100
CATERPILLAR INC DEL COM 149123101 25762 470000 SH DEFINED 01 470000
CHEVRON CORPORATION COM 166751107 643856 7254700 SH SOLE 7254700
CHEVRON CORPORATION COM 166751107 59818 674000 SH DEFINED 01 674000
CISCO SYS INC COM 17275R102 169672 2474700 SH SOLE 2474700
CISCO SYS INC COM 17275R102 53986 787400 SH DEFINED 01 787400
CITIGROUP INC COM 172967101 283352 6439800 SH SOLE 6439800
CITIGROUP INC COM 172967101 26574 603950 SH DEFINED 01 603950
CLOROX CO DEL COM 189054109 33056 864200 SH SOLE 864200
CLOROX CO DEL COM 189054109 3282 85800 SH DEFINED 01 85800
COCA COLA CO COM 191216100 378263 7842500 SH SOLE 7842500
COCA COLA CO COM 191216100 43300 900900 SH DEFINED 01 900900
COCA COLA ENTERPRISES INC COM 191219104 1171 51900 SH SOLE 51900
COLGATE PALMOLIVE CO COM 194162103 64118 1401500 SH SOLE 1401500
COLGATE PALMOLIVE CO COM 194162103 8409 183800 SH DEFINED 01 183800
COMPAQ COMPUTER CORP COM 204493100 33739 1474400 SH SOLE 1474400
COMPAQ COMPUTER CORP COM 204493100 7390 322200 SH DEFINED 01 322200
CORNING INC COM 219350105 677522 9881800 SH SOLE 9881800
CORNING INC COM 219350105 37867 552300 SH DEFINED 01 552300
COVANCE INC COM 222816100 18900 1951025 SH SOLE 1951025
COVANCE INC COM 222816100 1338 138075 SH DEFINED 01 138075
CUMMINS ENGINE INC COM 231021106 12493 250800 SH SOLE 250800
CUMMINS ENGINE INC COM 231021106 2491 50000 SH DEFINED 01 50000
DAYTON HUDSON CORP COM 239753106 44758 745200 SH SOLE 745200
DEERE & CO COM 244199105 23399 604800 SH SOLE 604800
DEERE & CO COM 244199105 2805 72500 SH DEFINED 01 72500
DELTA & PINE LD CO COM 247357106 14720 568886 SH SOLE 568886
DEVON ENERGY CORP NEW COM 25179M103 63870 1541355 SH SOLE 1541355
DEVON ENERGY CORP NEW COM 25179M103 5606 135288 SH DEFINED 01 135288
DIEBOLD INC COM 253651103 4181 180800 SH SOLE 180800
DIEBOLD INC COM 253651103 2359 102000 SH DEFINED 01 102000
DISNEY WALT CO COM 254687106 975516 37538583 SH SOLE 37538583
DISNEY WALT CO COM 254687106 93488 3613035 SH DEFINED 01 3613035
DONALDSON INC COM 257651109 37770 1628900 SH SOLE 1628900
DOW CHEM CO COM 260543103 228058 2007100 SH SOLE 2007100
DOW CHEM CO COM 260543103 11817 104000 SH DEFINED 01 104000
DU PONT E I DE NEMOURS & CO COM 263534109 70847 1169300 SH SOLE 1169300
DU PONT E I DE NEMOURS & CO COM 263534109 24039 394900 SH DEFINED 01 394900
DUKE ENERGY CORP COM 264399106 224635 4075000 SH SOLE 4075000
DUKE ENERGY CORP COM 264399106 9262 168000 SH DEFINED 01 168000
DUKE WEEKS REALTY CORP COM NEW 264411505 15206 779800 SH SOLE 779800
E M C CORP MASS COM 268648102 15974 223800 SH SOLE 223800
ELECTRONIC DATA SYS NEW COM 285661104 62885 1187900 SH SOLE 1187900
ELECTRONIC DATA SYS NEW COM 285661104 2096 39600 SH DEFINED 01 39600
EMERSON ELEC CO COM 291011104 156023 2469220 SH SOLE 2469220
EMERSON ELEC CO COM 291011104 8884 140600 SH DEFINED 01 140600
ENGELHARD CORP COM 292845104 18250 1000000 SH SOLE 1000000
ERICSSON L M TEL CO ADR CL B SEK10 294821400 396248 12679900 SH SOLE 12679900
ERICSSON L M TEL CO ADR CL B SEK10 294821400 22219 711000 SH DEFINED 01 711000
EXXON CORP COM 302290101 964288 12688700 SH SOLE 12688700
EXXON CORP COM 302290101 61570 810800 SH DEFINED 01 810800
FPL GROUP INC COM 302571104 67694 1343800 SH SOLE 1343800
FPL GROUP INC COM 302571104 5727 113700 SH DEFINED 01 113700
FASTENAL CO COM 311900104 13902 295000 SH SOLE 295000
FEDERAL HOME LN MTG CORP COM 313400301 102607 1973200 SH SOLE 1973200
FEDERAL HOME LN MTG CORP COM 313400301 8705 167400 SH DEFINED 01 167400
FEDERAL MOGUL CORP COM 313549107 758 27500 SH SOLE 27500
FEDERAL NATL MTG ASSN COM 313586109 170666 2722500 SH SOLE 2722500
FEDERAL NATL MTG ASSN COM 313586109 15722 250800 SH DEFINED 01 250800
FINOVA GROUP INC COM 317928109 3158 86500 SH SOLE 86500
FINOVA GROUP INC COM 317928109 1690 46300 SH DEFINED 01 46300
FIRST DATA CORP COM 319963104 4388 100000 SH SOLE 100000
FIRST SEC CORP DEL COM 336294103 51786 2177575 SH SOLE 2177575
FIRST SEC CORP DEL COM 336294103 2750 115650 SH DEFINED 01 115650
FIRST UN CORP COM 337358105 11393 320000 SH SOLE 320000
FIRST UN CORP COM 337358105 4431 124600 SH DEFINED 01 124600
FIRST VA BANKS INC COM 337477103 48093 1104000 SH SOLE 1104000
FIRST VA BANKS INC COM 337477103 2431 55800 SH DEFINED 01 55800
FORD MTR CO DEL COM 345370100 3879 77200 SH SOLE 77200
GATX CORP COM 361448103 182978 5890600 SH SOLE 5890600
GENERAL ELEC CO COM 369604103 1029628 8684268 SH SOLE 8684268
GENERAL ELEC CO COM 369604103 110393 931100 SH DEFINED 01 931100
GILLETTE CO COM 375766102 195588 5763200 SH SOLE 5763200
GILLETTE CO COM 375766102 29359 865100 SH DEFINED 01 865100
GOLDEN WEST FINL CORP DEL COM 381317106 103965 1057550 SH SOLE 1057550
GOLDEN WEST FINL CORP DEL COM 381317106 7762 79000 SH DEFINED 01 79000
GRANITE BROADCASTING CORP COM 387241102 190 17081 SH SOLE 17081
GREAT LAKES CHEM CORP COM 390568103 162215 4261800 SH SOLE 4261800
GREAT LAKES CHEM CORP COM 390568103 27774 729700 SH DEFINED 01 729700
GUIDANT CORP COM 401698105 1014 18900 SH SOLE 18900
HELMERICH & PAYNE INC COM 423452101 104505 4128600 SH SOLE 4128600
HEWLETT PACKARD CO COM 428236103 1707469 18784500 SH SOLE 18784500
HEWLETT PACKARD CO COM 428236103 166888 1814000 SH DEFINED 01 1814000
HOME DEPOT INC COM 437076102 108722 1584300 SH SOLE 1584300
HON INDS INC COM 438092108 111018 5767200 SH SOLE 5767200
HON INDS INC COM 438092108 30785 1599200 SH DEFINED 01 1599200
HUMAN GENOME SCIENCES INC COM 444903108 7375 100000 SH SOLE 100000
ILLINOIS TOOL WKS INC COM 452308109 742419 9957000 SH SOLE 9957000
ILLINOIS TOOL WKS INC COM 452308109 6710 90000 SH DEFINED 01 90000
INGERSOLL-RAND CO COM 456866102 29416 535450 SH SOLE 535450
INTEL CORP COM 458140100 2119995 28528100 SH SOLE 28528100
INTEL CORP COM 458140100 90557 1218600 SH DEFINED 01 1218600
INTERNATIONAL BUSINESS MACHS COM 459200101 1880214 15536692 SH SOLE 15536692
INTERNATIONAL BUSINESS MACHS COM 459200101 76904 633600 SH DEFINED 01 633600
INTERNATIONAL FLAVORS&FRAGRANC COM 459506101 218979 6347200 SH SOLE 6347200
INTERNATIONAL FLAVORS&FRAGRANC COM 459506101 23495 681000 SH DEFINED 01 681000
INTUIT COM 461202103 39936 455600 SH SOLE 455600
JOHNSON & JOHNSON COM 478160104 1581611 17214800 SH SOLE 17214800
JOHNSON & JOHNSON COM 478160104 132190 1438800 SH DEFINED 01 1438800
KLA-TENCORP CORP COM 482480100 45644 702200 SH SOLE 702200
KLA-TENCORP CORP COM 482480100 7170 110300 SH DEFINED 01 110300
KELLOGG CO COM 487836108 349113 9325200 SH SOLE 9325200
KELLOGG CO COM 487836108 46423 1240000 SH DEFINED 01 1240000
KIMBERLY CLARK CORP COM 494368103 73351 1391269 SH SOLE 1391269
KIMBERLY CLARK CORP COM 494368103 26030 495813 SH DEFINED 01 495813
KIMCO REALTY CORP COM 49446R109 15194 425000 SH SOLE 425000
LATTICE SEMICONDUCTOR CORP COM 518415104 96484 3250000 SH SOLE 3250000
LAUDER ESTEE COS INC CL A 518439104 12938 331200 SH SOLE 331200
LEE ENTERPRISES INC COM 523768109 6143 224400 SH SOLE 224400
LEE ENTERPRISES INC COM 523768109 1150 42000 SH DEFINED 01 42000
LEUKOSITE INC COM 52728R102 1301 64651 SH SOLE 64651
LILLY ELI & CO COM 532457108 1193761 18601900 SH SOLE 18601900
LILLY ELI & CO COM 532457108 74189 1159200 SH DEFINED 01 1159200
LINEAR TECHNOLOGY CORP COM 535678106 407519 6932800 SH SOLE 6932800
LINEAR TECHNOLOGY CORP COM 535678106 23066 392400 SH DEFINED 01 392400
LOUISIANA PAC CORP COM 546347105 17562 1123954 SH SOLE 1123954
LUCENT TECHNOLOGIES INC COM 549463107 649213 10007128 SH SOLE 10007128
LUCENT TECHNOLOGIES INC COM 549463107 55735 859108 SH DEFINED 01 859108
M & T BK CORP COM 55261F104 140316 305700 SH SOLE 305700
M & T BK CORP COM 55261F104 3718 8100 SH DEFINED 01 8100
MBNA CORP COM 55262L100 343774 15069525 SH SOLE 15069525
MBNA CORP COM 55262L100 16405 719100 SH DEFINED 01 719100
MCI WORLDCOM INC COM 55268B106 1021057 14206025 SH SOLE 14206025
MCI WORLDCOM INC COM 55268B106 96916 1348386 SH DEFINED 01 1348386
MCCORMICK & CO INC COM NON VTG 579780206 134234 4060000 SH SOLE 4060000
MCDONALDS CORP COM 580135101 243550 5634000 SH SOLE 5634000
MCDONALDS CORP COM 580135101 21947 510400 SH DEFINED 01 510400
MEDTRONIC INC COM 585055106 124052 3488600 SH SOLE 3488600
MEDTRONIC INC COM 585055106 3607 101600 SH DEFINED 01 101600
MERCK & CO INC COM 589331107 943624 14559300 SH SOLE 14559300
MERCK & CO INC COM 589331107 41921 646800 SH DEFINED 01 646800
MERRILL LYNCH & CO INC COM 590188108 2021 30000 SH SOLE 30000
MICROSOFT CORP COM 594918104 415574 4588800 SH SOLE 4588800
MICROSOFT CORP COM 594918104 123718 1366100 SH DEFINED 01 1366100
MINNESOTA MNG & MFG CO COM 604059105 473790 4932100 SH SOLE 4932100
MINNESOTA MNG & MFG CO COM 604059105 21220 220900 SH DEFINED 01 220900
MORGAN J P & CO INC COM 616880100 232681 2036600 SH SOLE 2036600
MORGAN J P & CO INC COM 616880100 6695 58600 SH DEFINED 01 58600
MOTOROLA INC COM 620076109 405046 4602800 SH SOLE 4602800
MOTOROLA INC COM 620076109 28864 328000 SH DEFINED 01 328000
NATIONAL COMM BANCORP COM 635449101 17790 809800 SH DEFINED 01 809800
NEWELL RUBBERMAID INC COM 651229106 222691 7796599 SH SOLE 7796599
NEWELL RUBBERMAID INC COM 651229106 17153 600526 SH DEFINED 01 600526
NEWHALL LAND & FARMING CO CAL DEPOSITARY REC 651426108 77155 3400758 SH SOLE 3400758
NEWMONT MINING CORP COM 651639106 55012 2126041 SH SOLE 2126041
NEWMONT MINING CORP COM 651639106 1706 65900 SH DEFINED 01 65900
NEXTLINK COMMUNICATIONS INC CL A 65333H707 73007 1408200 SH SOLE 1408200
NEXTLINK COMMUNICATIONS INC CL A 65333H707 7528 145200 SH DEFINED 01 145200
NOKIA CORP SPONSORED ADR 654902204 148834 1656100 SH SOLE 1656100
NOKIA CORP SPONSORED ADR 654902204 13643 151900 SH DEFINED 01 151900
NORTEL NETWORKS CORP COM 656569100 420269 8240568 SH SOLE 8240568
NORTEL NETWORKS CORP COM 656569100 22226 435800 SH DEFINED 01 435800
NORTHERN TR CORP COM 665859104 67560 809100 SH SOLE 809100
NORTHERN TR CORP COM 665859104 7724 92500 SH DEFINED 01 92500
NUCOR CORP COM 670346105 325269 6829800 SH SOLE 6829800
NUCOR CORP COM 670346105 11526 242000 SH DEFINED 01 242000
OFFICE DEPOT INC COM 676220106 22966 2187258 SH SOLE 2187258
ORACLE CORP COM 68389X105 30139 662400 SH SOLE 662400
ORACLE CORP COM 68389X105 15684 344700 SH DEFINED 01 344700
OSMONICS INC COM 688350107 10213 966937 SH SOLE 966937
OSMONICS INC COM 688350107 4456 421875 SH DEFINED 01 421875
PNC BK CORP COM 693475105 87583 1662300 SH SOLE 1662300
PPG INDS INC COM 693506107 6000 100000 SH SOLE 100000
PACIFIC CENTY FINL CORP COM 694058108 86660 4240278 SH SOLE 4240278
PACIFIC CENTY FINL CORP COM 694058108 16780 821034 SH DEFINED 01 821034
PACIFICORP COM 695114108 81358 4042608 SH SOLE 4042608
PACIFICORP COM 695114108 8258 410300 SH DEFINED 01 410300
PALL CORP COM 696429307 62950 2714800 SH SOLE 2714800
PALL CORP COM 696429307 3967 171100 SH DEFINED 01 171100
PENNZOIL-QUAKER STATE COMPANY COM 709323109 43484 3444372 SH SOLE 3444372
PENNZOIL-QUAKER STATE COMPANY COM 709323109 3816 302320 SH DEFINED 01 302320
PENTON MEDIA INC COM 709668107 13600 836949 SH SOLE 836949
PEPSICO INC COM 713448108 42413 1390600 SH SOLE 1390600
PHARMACIA & UPJOHN INC COM 716941109 86348 1740000 SH SOLE 1740000
PFIZER INC COM 717081103 2667792 74355700 SH SOLE 74355700
PFIZER INC COM 717081103 138000 3840000 SH DEFINED 01 3840000
PIONEER HI BRED INTL INC COM 723686101 365039 9196500 SH SOLE 9196500
PIONEER HI BRED INTL INC COM 723686101 14810 372000 SH DEFINED 01 372000
PITTWAY CORP DEL COM 725790109 3237 114600 SH SOLE 114600
PITTWAY CORP DEL CL A 725790208 49118 1559298 SH SOLE 1559298
POGO PRODUCING CO COM 730448107 114542 5520077 SH SOLE 5520077
POPULAR INC COM 733174106 162615 5859984 SH SOLE 5859984
POPULAR INC COM 733174106 27673 997240 SH DEFINED 01 997240
POST PPTYS INC COM 737464107 9113 231800 SH SOLE 231800
PRAXAIR INC COM 74005P104 2797 60800 SH SOLE 60800
PRAXAIR INC COM 74005P104 2622 57000 SH DEFINED 01 57000
PRECISION CASTPARTS CORP COM 740189105 46699 1531100 SH SOLE 1531100
PROCTER & GAMBLE CO COM 742718109 292519 3120200 SH SOLE 3120200
PROCTER & GAMBLE CO COM 742718109 39469 421000 SH DEFINED 01 421000
PROLOGIS TR SH BEN INT 743410102 17673 936320 SH SOLE 936320
REUTERS GROUP PLC SPONSORED ADR 76132M102 294310 4273089 SH SOLE 4273089
REUTERS GROUP PLC SPONSORED ADR 76132M102 22643 328766 SH DEFINED 01 328766
RIO ALGOM LTD COM 766889109 22883 1641800 SH SOLE 1641800
RIO TINTO PLC SPONSORED ADR 767204100 186130 2621555 SH SOLE 2621555
RIO TINTO PLC SPONSORED ADR 767204100 16685 235000 SH DEFINED 01 235000
ROYAL DUTCH PETE CO NY REG GLD1.25 780257804 173555 2938500 SH SOLE 2938500
ROYAL DUTCH PETE CO NY REG GLD1.25 780257804 41639 705000 SH DEFINED 01 705000
SBC COMMUNICATIONS INC COM 78387G103 716343 14028730 SH SOLE 14028730
SBC COMMUNICATIONS INC COM 78387G103 80577 1578000 SH DEFINED 01 1578000
ST JOE CO COM 790148100 27240 1263300 SH SOLE 1263300
SARA LEE CORP COM 803111103 140943 6028800 SH SOLE 6028800
SARA LEE CORP COM 803111103 6234 266000 SH DEFINED 01 266000
SCHLUMBERGER LTD COM 806857108 18518 297200 SH SOLE 297200
SCHWAB CHARLES CORP NEW COM 808513105 12469 372900 SH SOLE 372900
SIGMA ALDRICH CORP COM 826552101 224799 7080280 SH SOLE 7080280
SIGMA ALDRICH CORP COM 826552101 52572 1655800 SH DEFINED 01 1655800
SMITHKLINE BEECHAM PLC ADR REP ORD 832378301 115250 2000000 SH SOLE 2000000
SOLECTRON CORP COM 834182107 14255 198500 SH SOLE 198500
SOUTHERN CO COM 842587107 83049 3225200 SH SOLE 3225200
SOUTHERN CO COM 842587107 9476 368000 SH DEFINED 01 368000
SOUTHTRUST CORP COM 844730101 250617 6985837 SH SOLE 6985837
SOUTHTRUST CORP COM 844730101 15929 444000 SH DEFINED 01 444000
SPRINT CORP COM FON GROUP 852061100 162750 3000000 SH SOLE 3000000
SPRINT CORP PCS COM SER 1 852061506 55922 750000 SH SOLE 750000
STAPLES INC COM 855030102 890 40800 SH SOLE 40800
STEEL DYNAMICS INC COM 858119100 7114 453500 SH SOLE 453500
STEEL DYNAMICS INC COM 858119100 1569 100000 SH DEFINED 01 100000
STERICYCLE INC COM 858912108 7621 518900 SH SOLE 518900
SUNTRUST BKS INC COM 867914103 409740 6231800 SH SOLE 6231800
SUNTRUST BKS INC COM 867914103 11789 179300 SH DEFINED 01 179300
SYSCO CORP COM 871829107 59561 1698700 SH SOLE 1698700
SYSCO CORP COM 871829107 2861 81600 SH DEFINED 01 81600
TCF FINL CORP COM 872275102 20191 706900 SH SOLE 706900
TCF FINL CORP COM 872275102 2274 79600 SH DEFINED 01 79600
TECO ENERGY INC COM 872375100 5120 242400 SH SOLE 242400
TECO ENERGY INC COM 872375100 4506 213300 SH DEFINED 01 213300
TMBR/SHARP DRILLING INC COM 87257P101 1261 162700 SH SOLE 162700
TELE DANMARK A/S SPNSR ADR CL B 879242105 59647 2013400 SH SOLE 2013400
TELE DANMARK A/S SPNSR ADR CL B 879242105 10292 347400 SH DEFINED 01 347400
TELLABS INC COM 879664100 14274 250700 SH SOLE 250700
TEXAS INSTRS INC COM 882508104 20727 252000 SH SOLE 252000
TEXAS UTILS CO COM 882848104 138130 3701984 SH SOLE 3701984
TEXAS UTILS CO COM 882848104 4720 126500 SH DEFINED 01 126500
US BANCORP DEL COM 902973106 53389 1768534 SH SOLE 1768534
US BANCORP DEL COM 902973106 5361 177601 SH DEFINED 01 177601
UNILEVER N V N Y SHS NEW 904784709 45509 668033 SH SOLE 668033
UNILEVER N V N Y SHS NEW 904784709 10103 148303 SH DEFINED 01 148303
U S WEST INC NEW COM 91273H101 27554 482900 SH SOLE 482900
U S WEST INC NEW COM 91273H101 9090 159300 SH DEFINED 01 159300
VENTANA MED SYS INC COM 92276H106 9347 549800 SH SOLE 549800
VODAFONE AIRTOUCH PLC SPONSORED ADR 92857T107 675989 2843274 SH SOLE 2843274
VODAFONE AIRTOUCH PLC SPONSORED ADR 92857T107 13076 55000 SH DEFINED 01 55000
VULCAN MATLS CO COM 929160109 360127 9832800 SH SOLE 9832800
VULCAN MATLS CO COM 929160109 43928 1199400 SH DEFINED 01 1199400
WACHOVIA CORP COM 929771103 422809 5377532 SH SOLE 5377532
WACHOVIA CORP COM 929771103 24736 314600 SH DEFINED 01 314600
WAL MART STORES INC COM 931142103 453023 9524800 SH SOLE 9524800
WAL MART STORES INC COM 931142103 57683 1212800 SH DEFINED 01 1212800
WALGREEN CO COM 931422109 46352 1826700 SH SOLE 1826700
WARNER LAMBERT CO COM 934488107 29650 446700 SH SOLE 446700
WASHINGTON MUT INC COM 939322103 2910 99500 SH SOLE 99500
WATSON PHARMACEUTICALS INC COM 942683103 20171 660000 SH SOLE 660000
WELLS FARGO & CO NEW COM 949746101 1136876 28690840 SH SOLE 28690840
WELLS FARGO & CO NEW COM 949746101 63155 1593800 SH DEFINED 01 1593800
WESTVACO CORP COM 961548104 15857 618800 SH SOLE 618800
WILLAMETTE INDS INC COM 969133107 24417 566200 SH SOLE 566200
</TABLE>
