13F-HR 1 inftable093007.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for Calendar Year or Quarter Ended: September 30, 2007 Check here for Amendment [ ]; Amendment Number: ____ This Amendment (Check only one): [ ] is restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing This Report: Name: Harris Associates L.P. Address: 2 N. LaSalle Street, Suite 500 Chicago, IL 60602 Form 13F File Number: 28-2013 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: Janet L. Reali Title: Vice President and General Counsel Phone: (312) 621-0676 Signature, Place, and Date of Signing: /s/Janet L. Reali Chicago, IL November 1, 2007 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 28-5788 Natixis Asset Management Advisors, L.P.* *Natixis Asset Management Advisors, L.P. ("Natixis Asset Management Advisors") and Harris Associates L.P. ("Harris Associates") share investment discretion for these securities pursuant to a contractual arrangement whereby Natixis Asset Management Advisors provides discretionary investment management services to a client according to a model portfolio provided by Harris Associates. Natixis Asset Management Advisors and Harris Associates are under common control by Natixis Global Asset Management, L.P. I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 2 Form 13F Information Table Entry Total: 423 Form 13F Information Table Value Total: $39,364,125 (in thousands) List of Other Included Managers: No. 13F File Name Number 01 28-6808 Natixis Asset Management Advisors, L.P. 02 Subadvised accounts 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3M CO COM COM 88579Y101 454 4850.00 SH SOLE 4850.00 32 340.00 SH OTHER 02 340.00 ABBOTT LABS COM 002824100 131560 2453565.00SH SOLE 2453565.00 2116 39457.00 SH DEFINED 01 39400.00 57.00 13332 248630.00SH OTHER 02 248630.00 AETNA INC- NEW COM 00817Y108 213 3920.00 SH SOLE 3920.00 AFLAC INC COM 001055102 150714 2642250.00SH SOLE 1951750.00690500.00 28142 493371.00SH DEFINED 01 111500.00381871.00 9797 171755.00SH OTHER 02 171755.00 AGILYSYS INC COM 00847J105 342 20250.00 SH SOLE 20250.00 ALLIANT TECHSYSTEMS COM 018804104 183672 1680437.00SH SOLE 1680437.00 9509 87000.00 SH DEFINED 01 87000.00 ALLSTATE CORPORATION COM 020002101 631 11026.00 SH SOLE 11026.00 ALPHARMA INC-CL A COM 020813101 37160 1739700.00SH SOLE 1666900.00 72800.00 2168 101500.00SH OTHER 02 101500.00 ALTRIA GROUP INC COM 02209S103 850 12229.00 SH SOLE 12229.00 AMERICAN EXPRESS CO COM 025816109 122859 2069386.00SH SOLE 742386.001327000.00 60991 1027307.00SH DEFINED 01 204400.00822907.00 422 7100.00 SH OTHER 02 7100.00 AMERICAN INTL GROUP INC COM COM 026874107 512 7562.00 SH SOLE 7562.00 AMERIPRISE FINL INC COM COM 03076C106 11212 177663.00SH SOLE 168263.00 9400.00 1 17.00 SH DEFINED 01 17.00 757 12000.00 SH OTHER 02 12000.00 AMGEN INC COM 031162100 334 5900.00 SH SOLE 5900.00 ANHEUSER BUSCH COS INC COM 035229103 122795 2456382.00SH SOLE 2453182.00 3200.00 1985 39700.00 SH DEFINED 01 39700.00 12213 244300.00SH OTHER 02 244300.00 APACHE CORP COM COM 037411105 421499 4680200.00SH SOLE 4680200.00 35286 391800.00SH DEFINED 01 391800.00 APTARGROUP INC COM 038336103 202 5328.00 SH SOLE 5328.00 ARCHER DANIELS MIDLAND C COM 039483102 388 11729.00 SH SOLE 11729.00 ASSOCIATED BANC CORP COM COM 045487105 214 7215.00 SH SOLE 7215.00 AT&T INC COM COM 00206R102 570 13461.00 SH SOLE 13461.00 AVON PRODS INC COM COM 054303102 247664 6599100.00SH SOLE 6599100.00 6868 183000.00SH DEFINED 01 183000.00 98297 2619150.00SH OTHER 02 2611950.00 7200.00 BANK NEW YORK MELLON COM COM 064058100 492345 11154174.00SH SOLE 7790074.003364100.00 101511 2299741.00SH DEFINED 01 486345.001813396.00 106767 2418818.00SH OTHER 02 2340718.00 78100.00 BANK OF AMERICA CORP NEW COM COM 060505104 3365 66946.00 SH SOLE 63746.00 3200.00 52 1025.00 SH OTHER 02 1025.00 BAUSCH & LOMB INC COM COM 071707103 851 13300.00 SH SOLE 13300.00 BAXTER INTL INC COM COM 071813109 112560 2000000.00SH SOLE 2000000.00 2313 41100.00 SH DEFINED 01 41100.00 14014 249000.00SH OTHER 02 249000.00 BEARINGPOINT INC COM COM 074002106 25922 6400600.00SH SOLE 6085700.00314900.00 1638 404400.00SH OTHER 02 404400.00 BERKSHIRE HATHAWAY INC CL A COM 084670108 9007 76.00 SH SOLE 76.00 BERKSHIRE HATHAWAY INC CL B COM 084670207 723 183.00 SH SOLE 183.00 20 5.00 SH OTHER 02 5.00 BEST BUY INC COM 086516101 270529 5878500.00SH SOLE 4659700.001218800.00 38812 843368.00SH DEFINED 01 196100.00647268.00 83189 1807681.00SH OTHER 02 1765981.00 41700.00 BIO RAD LABS INC CL A COM 090572207 9512 105100.00SH SOLE 97200.00 7900.00 996 11000.00 SH OTHER 02 11000.00 BLACK & DECKER CORP COM 091797100 137733 1653463.00SH SOLE 1645663.00 7800.00 1558 18700.00 SH DEFINED 01 18700.00 13495 162009.00SH OTHER 02 162009.00 BLOCK H & R INC COM COM 093671105 451500 21317300.00SH SOLE 21315700.00 1600.00 1953 92200.00 SH DEFINED 01 92200.00 9467 447000.00SH OTHER 02 447000.00 BP PLC SPONSORED ADR COM 055622104 983 14170.00 SH SOLE 14170.00 BRISTOL MYERS SQUIBB CO COM 110122108 421490 14624915.00SH SOLE 14624915.00 3052 105900.00SH DEFINED 01 105900.00 25919 899350.00SH OTHER 02 892450.00 6900.00 BRUNSWICK CORP COM 117043109 9846 430700.00SH SOLE 405300.00 25400.00 752 32900.00 SH OTHER 02 32900.00 CABLEVISION SYS CORP CL A COM 12686C109 24259 694303.00SH SOLE 694303.00 7526 215400.00SH DEFINED 01 215400.00 85337 2442400.00SH OTHER 02 2412400.00 30000.00 CANADIAN NATL RY CO COM COM 136375102 291 5100.00 SH SOLE 5100.00 CAPITAL ONE FINL SVCS COM 14040H105 208609 3140282.00SH SOLE 1830982.001309300.00 61475 925413.00SH DEFINED 01 190200.00735213.00 8490 127800.00SH OTHER 02 118400.00 9400.00 CAPITAL SOUTHWEST CORP COM 140501107 2400 19551.00 SH SOLE 19551.00 CARNIVAL CORP PAIRED CTF COM 143658300 436680 9016731.00SH SOLE 5854431.003162300.00 102351 2113381.00SH DEFINED 01 427000.001686381.00 100166 2068264.00SH OTHER 02 1999164.00 69100.00 CARTER INC COM COM 146229109 54863 2750000.00SH SOLE 2750000.00 CBS CORP CL A COM 124857103 28706 911000.00SH SOLE 911000.00 CBS CORP CL B (NEW) COM 124857202 114428 3632640.00SH SOLE 3627240.00 5400.00 26559 843150.00SH DEFINED 01 843150.00 CEDAR FAIR L P DEPOSITRY UNIT COM 150185106 2975 124727.00SH SOLE 124727.00 CERIDIAN CORP NEW COM COM 156779100 5637 162267.00SH SOLE 162267.00 CHEVRON CORP COM 166764100 541 5778.00 SH SOLE 5778.00 CITIGROUP INC COM 172967101 289888 6211448.00SH SOLE 4881648.001329800.00 42230 904870.00SH DEFINED 01 202000.00702870.00 22296 477733.00SH OTHER 02 475133.00 2600.00 COACH INC COM COM 189754104 505 10688.00 SH SOLE 10688.00 COCA COLA CO COM 191216100 163939 2852604.00SH SOLE 2080404.00772200.00 29204 508169.00SH DEFINED 01 113700.00394469.00 8902 154900.00SH OTHER 02 154900.00 COLLAGENEX PHARMA INC COM COM 19419B100 157 17500.00 SH SOLE 17500.00 COMCAST CORP CL A COM 20030N101 683 28242.00 SH SOLE 28242.00 CONAGRA INC COM COM 205887102 5344 204500.00SH SOLE 204500.00 CONOCOPHILLIPS COM COM 20825C104 112783 1284986.00SH SOLE 1284986.00 1580 18001.00 SH DEFINED 01 18001.00 9505 108292.00SH OTHER 02 108292.00 CONSECO INC COM 208464883 57195 3574700.00SH SOLE 3440500.00134200.00 3549 221800.00SH DEFINED 01 221800.00 17138 1071100.00SH OTHER 02 1051000.00 20100.00 COSTCO WHOLESALE CORP COM COM 22160K105 150684 2455336.00SH SOLE 2455336.00 COVIDIEN LTD COM G2552X108 120493 2903441.00SH SOLE 2514316.00389125.00 27390 660006.00SH DEFINED 01 429600.00230406.00 8558 206227.00SH OTHER 02 203502.00 2725.00 CSX CORP COM 126408103 471 11016.00 SH SOLE 11016.00 CVS CAREMARK CORP COM COM 126650100 398609 10058275.00SH SOLE 10058275.00 D R HORTON INC COM COM 23331A109 265 20700.00 SH DEFINED 01 20700.00 3637 283915.00SH OTHER 02 276515.00 7400.00 DANAHER CORP DEL COM COM 235851102 640 7735.00 SH SOLE 7735.00 DELL INC COM 24702R101 897856 32531000.00SH SOLE 26722600.005808400.00 132521 4801499.00SH DEFINED 01 1674000.003127499.00 209470 7589503.00SH OTHER 02 7443903.00145600.00 DIAGEO P L C SPNSRD ADR NEW COM 25243Q205 605851 6905861.00SH SOLE 6742361.00163500.00 26936 307033.00SH DEFINED 01 74200.00232833.00 23321 265828.00SH OTHER 02 262378.00 3450.00 DIRECTV GROUP INC COM 25459L106 40063 1650031.00SH SOLE 1650031.00 687 28300.00 SH DEFINED 01 28300.00 4350 179172.00SH OTHER 02 179172.00 DISCOVER FINANCIAL SERVICES COM 254709108 29495 1418028.00SH SOLE 923628.00494400.00 11342 545291.33SH DEFINED 01 86400.00458891.33 10570 508154.00SH OTHER 02 498404.00 9750.00 DISCOVERY HOLDING CO CL A COM COM 25468Y107 620637 21512534.00SH SOLE 21376064.00136470.00 53293 1847250.44SH DEFINED 01 1847250.00 0.44 74740 2590632.00SH OTHER 02 2581538.00 9094.00 DISNEY WALT CO DEL COM 254687106 222661 6474576.00SH SOLE 5313276.001161300.00 31283 909648.00SH DEFINED 01 215700.00693948.00 12539 364600.00SH OTHER 02 364600.00 DONNELLEY R R & SONS CO COM 257867101 37845 1035158.00SH SOLE 992958.00 42200.00 1755 48000.00 SH OTHER 02 48000.00 DOW CHEMICAL COMPANY COM 260543103 99077 2300912.00SH SOLE 902312.001398600.00 44608 1035952.00SH DEFINED 01 190000.00845952.00 293 6800.00 SH OTHER 02 6800.00 DU PONT E I DE NEMOURS COM 263534109 218 4400.00 SH SOLE 4400.00 DUN & BRADSTREET 2000 COM 26483E100 145826 1478819.00SH SOLE 1478819.00 ECHOSTAR COMMNTNS NEW CL A COM 278762109 389073 8311750.00SH SOLE 8311750.00 ELECTRONICS FOR IMAGNG COM COM 286082102 8942 332900.00SH SOLE 308500.00 24400.00 841 31300.00 SH OTHER 02 31300.00 ENCANA CORP COM COM 292505104 412614 6671202.00SH SOLE 6671202.00 12863 207976.00SH OTHER 02 203376.00 4600.00 EXPEDIA INC DEL COM COM 30212P105 18395 577000.00SH SOLE 542500.00 34500.00 1677 52600.00 SH OTHER 02 52600.00 EXPRESS SCRIPTS INC COM COM 302182100 145132 2600000.00SH SOLE 2600000.00 EXXON MOBIL CORP COM COM 30231G102 7711 83310.00 SH SOLE 83310.00 FEDEX CORP COM COM 31428X106 125395 1197090.00SH SOLE 898900.00298190.00 23523 224561.00SH DEFINED 01 53100.00171461.00 8652 82600.00 SH OTHER 02 82600.00 FIFTH THIRD BANCORP COM COM 316773100 235 6946.00 SH SOLE 6946.00 FIRST AMERN CORP CALIF COM COM 318522307 21972 600000.00SH SOLE 600000.00 FOOT LOCKER INC COM COM 344849104 127998 8349500.00SH SOLE 8264700.00 84800.00 1826 119100.00SH OTHER 02 119100.00 FORTUNE BRANDS INC COM 349631101 198738 2438805.00SH SOLE 2134305.00304500.00 44556 546769.00SH DEFINED 01 122700.00424069.00 13902 170600.00SH OTHER 02 170600.00 GAP INC DEL COM 364760108 441 23900.00 SH SOLE 23900.00 GENERAL DYNAMICS CORP COM 369550108 406929 4817436.00SH SOLE 4817436.00 GENERAL ELEC CO COM 369604103 8277 199924.00SH SOLE 199924.00 7 180.00 SH OTHER 02 180.00 GENERAL MLS INC COM 370334104 102649 1769500.00SH SOLE 1769500.00 1775 30600.00 SH DEFINED 01 30600.00 11057 190600.00SH OTHER 02 190600.00 GENERAL MTRS CORP COM COM 370442105 297 8100.00 SH SOLE 8100.00 GLAXOSMITHKLINE PLC SPONSORED COM 37733W105 59932 1126545.50SH SOLE 501845.50624700.00 20729 389649.00SH DEFINED 01 85700.00303949.00 149 2800.00 SH OTHER 02 2800.00 GRAINGER W W INC COM 384802104 8462 92800.00 SH SOLE 85300.00 7500.00 875 9600.00 SH OTHER 02 9600.00 HARLEY DAVIDSON INC COM 412822108 238286 5156600.00SH SOLE 4339800.00816800.00 52726 1141012.00SH DEFINED 01 505700.00635312.00 19686 426002.00SH OTHER 02 422202.00 3800.00 HEINZ H J CO COM 423074103 100987 2185865.00SH SOLE 2184165.00 1700.00 1733 37500.00 SH DEFINED 01 37500.00 11284 244250.00SH OTHER 02 244250.00 HEWLETT PACKARD CO COM 428236103 581832 11685711.00SH SOLE 8403311.003282400.00 114411 2297872.00SH DEFINED 01 496500.001801372.00 119770 2405501.00SH OTHER 02 2327201.00 78300.00 HOME DEPOT INC COM COM 437076102 470047 14489733.00SH SOLE 11582233.002907500.00 61984 1910719.00SH DEFINED 01 406500.001504219.00 17438 537545.00SH OTHER 02 509245.00 28300.00 HONEYWELL INTL INC COM COM 438516106 106309 1787602.00SH SOLE 1787602.00 1853 31157.00 SH DEFINED 01 30400.00 757.00 10951 184150.00SH OTHER 02 184150.00 HOSPIRA INC COM 441060100 212167 5118621.00SH SOLE 5118621.00 7668 185000.00SH DEFINED 01 185000.00 91190 2200000.00SH OTHER 02 2200000.00 HUBBELL INC CL B COM 443510201 681 11920.00 SH SOLE 11920.00 IDEARC INC COM COM 451663108 189311 6015609.00SH SOLE 5993009.00 22600.00 31473 1000100.00SH DEFINED 01 1000100.00 758 24100.00 SH OTHER 02 24100.00 ILLINOIS TOOL WORKS COM 452308109 8030 134638.00SH SOLE 134638.00 IMS HEALTH INC. COM 449934108 243353 7942341.00SH SOLE 7942341.00 5117 167000.00SH OTHER 02 167000.00 INGERSOLL RAND CO LTD BERMUDA COM G4776G101 286768 5264700.00SH SOLE 5264700.00 INTEL CORP COM 458140100 1222587 47277157.00SH SOLE 38350357.008926800.00 215801 8344977.00SH DEFINED 01 3563500.004781477.00 339058 13111306.00SH OTHER 02 12880606.00230700.00 INTERNATIONAL BUSINESS MACHINE COM 459200101 2790 23684.00 SH SOLE 23684.00 INTERNATL RECTIFIER CP COM COM 460254105 75458 2287300.00SH SOLE 2287300.00 5090 154300.00SH DEFINED 01 154300.00 71856 2178100.00SH OTHER 02 2167500.00 10600.00 INTL FLAVORS FRAGRANCE COM 459506101 3970 75100.00 SH DEFINED 01 75100.00 50150 948741.00SH OTHER 02 948741.00 ISHARES TR RUSSELL1000VAL COM 464287598 1409 16394.00 SH DEFINED 01 16394.00 JOHNSON & JOHNSON COM 478160104 52394 797475.00SH SOLE 797475.00 JPMORGAN CHASE & CO COM COM 46625H100 774081 16893951.00SH SOLE 14036551.002857400.00 86452 1886779.00SH DEFINED 01 424100.001462679.00 109845 2397317.00SH OTHER 02 2321717.00 75600.00 KELLOGG CO COM 487836108 358 6400.00 SH SOLE 6400.00 KINDER MORGAN ENERGY UT LTD PA COM 494550106 860 17400.00 SH SOLE 17400.00 KINETIC CONCEPTS INC COM 49460W208 102531 1821800.00SH SOLE 1798900.00 22900.00 23711 421300.00SH DEFINED 01 421300.00 1638 29100.00 SH OTHER 02 29100.00 KOHLS CORP COM COM 500255104 100418 1751585.00SH SOLE 1751585.00 1777 31000.00 SH DEFINED 01 31000.00 11512 200800.00SH OTHER 02 200800.00 KRAFT FOODS COM 50075N104 5823 168729.00SH SOLE 168729.00 LAB CORP OF AMERICA NEW COM 50540R409 129431 1654495.00SH SOLE 1638595.00 15900.00 45240 578300.00SH DEFINED 01 578300.00 1033 13200.00 SH OTHER 02 13200.00 LENNAR CORP CL A COM COM 526057104 31226 1378620.00SH SOLE 494900.00883720.00 14670 647687.00SH DEFINED 01 124100.00523587.00 143 6300.00 SH OTHER 02 6300.00 LIBERTY CAPITAL GROUP SERIES A COM 53071M302 374782 3002337.00SH SOLE 2458403.00543934.00 54305 435035.00SH DEFINED 01 142215.00292820.00 194107 1554972.00SH OTHER 02 1543211.00 11761.00 LIBERTY GLOBAL INC SER A COM 530555101 302 7355.00 SH SOLE 7355.00 LIBERTY GLOBAL INC SER C COM 530555309 14757 381723.00SH SOLE 381723.00 2795 72300.00 SH OTHER 02 72300.00 LIBERTY INTERACTIVE GROUP SERI COM 53071M104 354720 18465373.00SH SOLE 18455448.00 9925.00 9795 509875.00SH DEFINED 01 509875.00 123396 6423535.00SH OTHER 02 6416799.00 6736.00 LILLY ELI & CO COM 532457108 1202 21114.00 SH SOLE 21114.00 LIMITED BRANDS INC COM COM 532716107 350111 15295379.00SH SOLE 14960679.00334700.00 13125 573410.00SH DEFINED 01 220700.00352710.00 15579 680620.00SH OTHER 02 680620.00 LIVE NATION INC COM COM 538034109 75588 3557100.00SH SOLE 3557100.00 32799 1543500.00SH DEFINED 01 1543500.00 LIZ CLAIBORNE INC COM 539320101 30934 901075.00SH SOLE 867075.00 34000.00 16205 472050.00SH OTHER 02 462250.00 9800.00 LOWES COS INC COM COM 548661107 336 12000.00 SH SOLE 12000.00 MASCO CORP COM COM 574599106 101457 4378792.00SH SOLE 4378792.00 1312 56634.00 SH DEFINED 01 56600.00 34.00 9405 405900.00SH OTHER 02 405900.00 MBIA INC COM 55262C100 568 9300.00 SH SOLE 9300.00 MCDONALDS CORP COM 580135101 1314852 24139021.00SH SOLE 21027721.003111300.00 128496 2359018.00SH DEFINED 01 666700.001692318.00 277427 5093213.00SH OTHER 02 5010617.00 82596.00 MDS INC COM COM 55269P302 186367 8648100.00SH SOLE 8520500.00127600.00 37749 1751700.00SH DEFINED 01 1751700.00 80644 3742200.00SH OTHER 02 3729000.00 13200.00 MEDTRONIC INC COM 585055106 696829 12352936.00SH SOLE 11088336.001264600.00 97640 1730896.00SH DEFINED 01 977200.00753696.00 27761 492135.00SH OTHER 02 485935.00 6200.00 MENTOR GRAPHICS CORP COM 587200106 59569 3944968.00SH SOLE 3944968.00 MERCK & CO INC COM 589331107 1095 21184.00 SH SOLE 21184.00 38 741.00 SH OTHER 02 741.00 MGIC INVT CORP WIS COM 552848103 140800 4357795.00SH SOLE 4357795.00 1073 33200.00 SH DEFINED 01 33200.00 6388 197700.00SH OTHER 02 197700.00 MICRON TECHNOLOGY INC COM COM 595112103 10587 953815.00SH SOLE 886015.00 67800.00 7722 695700.00SH DEFINED 01 695700.00 112830 10164820.00SH OTHER 02 10091120.0073700.00 MICROSOFT CORP COM 594918104 1463 49660.00 SH SOLE 49660.00 35 1200.00 SH OTHER 02 1200.00 MOHAWK INDS INC COM COM 608190104 69121 850200.00SH SOLE 850200.00 MOLEX INC COM 608554101 257 9549.00 SH SOLE 9549.00 MOLEX INC CL A COM 608554200 455 17949.00 SH SOLE 17949.00 MORGAN STANLEY COM NEW COM 617446448 313706 4979457.00SH SOLE 3283557.001695900.00 79673 1264646.00SH DEFINED 01 319500.00945146.00 135683 2153691.00SH OTHER 02 2108591.00 45100.00 MOTOROLA INC COM 620076109 306803 16557095.00SH SOLE 10889895.005667200.00 69720 3762558.00SH DEFINED 01 718700.003043858.00 48839 2635677.00SH OTHER 02 2563577.00 72100.00 MUELLER WATER PRODUCTS INC-B COM 624758207 91565 8324136.01SH SOLE 8280928.01 43208.00 661 60117.00 SH OTHER 02 60117.00 NATIONAL CITY CORP COM 635405103 302 12045.00 SH SOLE 12045.00 NATIONAL SEMICONDUCTOR COM COM 637640103 148641 5480880.00SH SOLE 5401280.00 79600.00 14569 537200.00SH DEFINED 01 537200.00 226348 8346168.00SH OTHER 02 8288468.00 57700.00 NEWFIELD EXPL CO COM COM 651290108 269696 5600000.00SH SOLE 5600000.00 NEWS CORP CLASS A COM 65248E104 18476 840219.00SH SOLE 840219.00 NEWS CORP CLASS B COM 65248E203 310201 13262100.00SH SOLE 13262100.00 24604 1051900.00SH DEFINED 01 1051900.00 NIKE INC CL B COM 654106103 103388 1762500.00SH SOLE 524900.001237600.00 46007 784307.00SH DEFINED 01 146300.00638007.00 293 5000.00 SH OTHER 02 5000.00 NORTHERN TR CORP COM 665859104 2174 32800.00 SH SOLE 32800.00 O REILLY AUTOMOTIVE INC COM 686091109 267 8000.00 SH SOLE 8000.00 OMNICARE INC COM COM 681904108 62277 1879766.00SH SOLE 1828666.00 51100.00 3277 98900.00 SH DEFINED 01 98900.00 18439 556552.11SH OTHER 02 545950.00 10602.11 ORACLE CORP COM COM 68389X105 137793 6364591.00SH SOLE 6364591.00 53055 2450600.00SH DEFINED 01 2450600.00 ORBOTECH LTD COM M75253100 84821 4033339.00SH SOLE 3546339.00487000.00 7085 336900.00SH OTHER 02 311900.00 25000.00 PARTNERRE LTD COM G6852T105 130674 1654314.00SH SOLE 1643814.00 10500.00 1098 13900.00 SH OTHER 02 13900.00 PENTAIR INC COM COM 709631105 21451 646500.00SH SOLE 646500.00 737 22200.00 SH OTHER 02 22200.00 PEPSICO INC COM 713448108 2974 40592.00 SH SOLE 40592.00 PERKINELMER INC COM COM 714046109 8591 294100.00SH DEFINED 01 294100.00 116840 4000000.00SH OTHER 02 4000000.00 PFIZER INC COM 717081103 1508 61740.00 SH SOLE 61740.00 PLUM CREEK TIMBER CO COM COM 729251108 790 17644.00 SH SOLE 17644.00 PRIMEDIA INC COM 74157K846 8190 583333.00SH SOLE 583333.00 PROCTER & GAMBLE CO COM 742718109 2019 28710.00 SH SOLE 28710.00 PROGRESSIVE CORP OH COM 743315103 8346 430000.00SH SOLE 426100.00 3900.00 37 1916.00 SH DEFINED 01 1916.00 2595 133700.00SH OTHER 02 133700.00 PROLOGIS TR SH BEN INT COM 743410102 226 3410.00 SH SOLE 3410.00 PULTE HOMES INC COM 745867101 216928 15938900.00SH SOLE 15554400.00384500.00 10214 750443.00SH DEFINED 01 206500.00543943.00 8118 596500.00SH OTHER 02 596500.00 RAYTHEON CO COM NEW COM 755111507 655509 10271220.00SH 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49705494.00SH SOLE 42756894.006948600.00 120141 6543621.00SH DEFINED 01 2804900.003738721.00 178775 9737213.00SH OTHER 02 9551313.00185900.00 TJX COS INC NEW COM COM 872540109 85608 2944900.00SH SOLE 2944900.00 TORCHMARK CORP COM 891027104 8538 137000.00SH SOLE 125400.00 11600.00 997 16000.00 SH OTHER 02 16000.00 TYCO ELECTRONICS COM G9144P105 108024 3048941.00SH SOLE 2659816.00389125.00 24292 685644.00SH DEFINED 01 455400.00230244.00 11452 323227.00SH OTHER 02 316802.00 6425.00 TYCO INTL LTD NEW COM COM G9143X208 62278 1404566.00SH SOLE 1403166.00 1400.00 2167 48880.00 SH DEFINED 01 48575.00 305.00 3120 70375.00 SH OTHER 02 70375.00 UNION PAC CORP COM 907818108 440150 3893062.00SH SOLE 2469462.001423600.00 148305 1311734.00SH DEFINED 01 472200.00839534.00 38314 338882.00SH OTHER 02 308982.00 29900.00 US BANCORP NEW COM 902973304 152219 4679353.00SH SOLE 4678731.00 622.00 1910 58700.00 SH DEFINED 01 58700.00 12186 374600.00SH OTHER 02 374600.00 UST INC COM 902911106 122507 2469900.00SH 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