SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) November 26, 2002
THE PROCTER & GAMBLE COMPANY
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(Exact name of registrant as specified in its charter)
Ohio 1-434 31-0411980
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(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification
incorporation) Number)
One Procter & Gamble Plaza, Cincinnati, Ohio 45202
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (513) 983-1100
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ITEM 5. OTHER EVENTS
As disclosed in its Annual Report on Form 10-K, on May 31, 2002,
The Procter & Gamble Company (the "Company") completed its spin-off of
the Jif and Crisco brands. In addition, effective July 1, 2002, the Company
realigned the management of its feminine care business from Baby, Feminine
& Family Care to Beauty Care.
To reflect these management and business changes, the Company has
realigned its internal and external reporting segments. Beginning in the first
quarter of fiscal year 2003 (July - September 2002), the feminine care business
will be included in the Beauty Care segment, and the former Baby, Feminine
& Family Care segment will become Baby & Family Care. The former Food &
Beverage segment will be renamed Snacks & Beverages, reflecting the remaining
businesses.
As required by FASB Statement No. 131, DISCLOSURES ABOUT SEGMENTS OF AN
ENTERPRISE AND RELATED INFORMATION, prior year segment results have been
reclassified to reflect these changes and provide comparable current and
historical results. The elements of the former Food & Beverage segment that were
spun off or divested, including Jif, Crisco and commercial shortening and oils,
are now presented as part of Corporate. This change affects only the
presentation of segment results and does not affect the consolidated results of
The Procter & Gamble Company.
In the Company's Form 8-K filed on October 24, 2002, selected interim
segment information for 2002 was presented. In this 8-K filing, additional
interim segment information is provided for fiscal 2002 and selected interim
segment information is provided for fiscal 2001. Full segment information will
be presented in the Company's next annual filing.
P&G is filing this 8-K pursuant to the SEC's Regulation FD.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
THE PROCTER & GAMBLE COMPANY
/S/ SHARON E. ABRAMS
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Sharon E. Abrams, Secretary
November 26, 2002
EXHIBITS
Exhibit 99-1 - Fiscal Year 2002 Business Segment Information, including
quarterly impacts of foreign exchange on sales for the Global Business Units
Exhibit 99-2 - Fiscal Year 2001 Business Segment Information, including
quarterly impacts of foreign exchange on sales for the Global Business Units