EXHIBIT 13









|**WM. WRIGLEY JR. COMPANY
PORTIONS OF 2003 ANNUAL REPORT TO STOCKHOLDERS
FOR THE FISCAL YEAR ENDED DECEMBER 31, 2002**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
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|**MANAGEMENTS DISCUSSION AND ANALYSIS
OF RESULTS OF OPERATIONS AND FINANCIAL CONDITION**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|Dollar and share amounts in thousands except per share figures                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|The Managements Discussion and Analysis reviews the Companys results of operations, liquidity and capital resources, critical accounting policies and estimates, and certain other matters. This discussion should be read in conjunction with the consolidated financial statements and related notes contained in this Annual Report.                                                                                                                                                                                                                                                                                                                                             
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|**RESULTS OF OPERATIONS**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|**Net Sales**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|Consolidated net sales for 2003 increased $322,770 or 12% from 2002. Net sales for 2003 were favorably affected by higher worldwide shipments and selected selling price increases, primarily in the International regions, and translation of foreign currencies to a weaker U.S. dollar. Higher worldwide shipments, including the introduction of new products, increased net sales by 4%. Selected selling price changes increased net sales by 1%. Translation of foreign currencies to a weaker U.S. dollar increased reported net sales by approximately 7%. New products accounted for 17.1% of net sales in 2003.                                                            
|Net sales for the Americas in 2003 increased 6% compared to 2002.  Higher shipment volume in the U.S. and Canada, offset by lower volume for Amurol and Latin America, increased net sales for the Americas by 4%. Favorable product mix increased net sales 1%, due mainly to increased U.S. sale of Orbit(R) and higher sales of Juicy Fruit pellets in the U.S. and Canada. Americas net sales were increased by 1% as a result of translation of the stronger Canadian dollar to a weaker U.S. dollar.                                                                                                                                                                            
|International 2003 net sales increased by 16% as a result of growth in shipment volume, selected selling price changes and translation of foreign sales to a weaker U.S. dollar. Unit volume increased net sales by 5% over 2002, led by growth in the Western European geographies of France, Germany, the U.K., and Spain and the Central/Eastern European geographies of Russia, Poland and Ukraine. Selected selling price changes primarily in Europe and Australia contributed 1% to International net sales growth. International net sales were increased by 10% as a result of translation of foreign currencies, primarily in Europe and Australia, to a weaker U.S. dollar.
|Consolidated net sales for 2002 increased $344,899 or 14% from 2001. Net sales for 2002 were favorably affected by higher worldwide shipments and favorable product mix. Higher worldwide shipments, including the introduction of new products, increased net sales by 10%. Favorable mix from premium priced products increased net sales by 2%. Translation of foreign currencies to a weaker U.S. dollar increased reported net sales by approximately 2%. New products accounted for 22.9% of net sales in 2002.                                                                                                                                                                 
|Net sales for the Americas in 2002 increased 13% compared to 2001. Higher shipment volume in the U.S. and Canada, as well as for Amurol Confections, increased net sales for the Americas by 7%. Favorable product mix increased net sales 6%, due mainly to increased U.S. sales of Eclipse(R) and Orbit(R) gum and the introduction of Eclipse(R) Flash Strips.                                                                                                                                                                                                                                                                                                                     
|International 2002 net sales increased by 16% as a result of growth in shipment volume, selected selling price changes and translation of foreign sales to a weaker U.S. dollar. Unit volume increased net sales by 11% over 2001, due primarily to growth in Russia, China, France, the U.K., and numerous other international markets. Net sales were also favorably impacted by new product introductions across all regions. Selected selling price                                                                                                                                                                                                                               
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|18                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    



|changes primarily in Europe and Australia contributed 1% to International net sales growth. International net sales were increased by 4% as a result of translation of foreign currencies, primarily in Europe, to a weaker U.S. dollar.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
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|Cost of Sales and Gross Profit                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|In 2003, consolidated cost of sales increased $120,061 or 10% from 2002. Higher worldwide shipments increased cost of sales by 4%. Translation of foreign currencies to a weaker U.S. dollar increased cost of sales by approximately 6%. Consolidated gross profit in 2003 was $1,792,353, an increase of $202,709 or 13% from 2002. The consolidated gross profit margin on net sales was 58.4% for 2003, up 0.5 percentage points from the 2002 gross margin of 57.9%, mainly due to slightly lower product costs and selected selling price increases.                                                                                                                                                                                                                                                                              
|In 2002, consolidated cost of sales increased $154,751, or 15% from 2001. Higher worldwide shipments increased cost of sales by 10%. Higher costs due to worldwide product mix increased cost of sales by 2%. Slightly higher worldwide product costs increased cost of sales by 1%. Translation of foreign currencies to a weaker U.S. dollar increased cost of sales by approximately 2%. Consolidated gross profit in 2002 was $1,589,644, an increase of $190,148 or 14% from 2001. The consolidated gross profit margin on net sales was 57.9% for 2002, down 0.4 percentage points from the 2001 gross margin of 58.3%, mainly due to slightly higher product costs.                                                                                                                                                              
|**Selling, General and Administrative Expenses**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|Consolidated 2003 selling, general and administrative (SG&A) expenses were $1,142,991, up $138,421 or 14% from 2002. Translation of stronger foreign currencies to a weaker U.S. dollar increased SG&A by 6%. Higher selling and other marketing expenses due mainly to investment in the U.S., Russia, Germany, and the U.K. increased SG&A by 3%. Higher brand support, mainly due to increased merchandising and consumer promotion spending in the U.S. and Europe in support of new products, increased SG&A by 3%. Finally, general and administrative expenses increased SG&A by 2% due to increased investment in worldwide information technology and research and development spending, partially offset by the absence of costs connected with the 2002 exploration of a business combination with Hershey Foods Corporation.
|Consolidated 2002 SG&A expenses increased $118,430 or 13% from 2001. Translation of stronger foreign currencies to a weaker U.S. dollar increased SGA by 1%. Higher brand support in the Americas, Europe and Pacific regions, including spending behind new and improved products increased SG&A by 5%. Higher selling and other marketing expenses to support growth in the U.S., Russia, China and other key markets increased SG&A by 3%. Finally, general and administrative expenses increased SG&A by 4%. The increase included higher investment in new technology and research and development. Also contributing to the increase were approximately $10,000 in costs connected with the exploration of a business combination with Hershey Foods Corporation.                                                                 
|**As a percentage of consolidated net sales, SG&A expenses were as follows:**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
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|Advertising                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
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|Merchandising & Promotion/Other                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
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|Total Brand Support                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
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|Selling and Other Marketing                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
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|General and Administrative                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
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|Total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
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|"Other" expense reported in merchandising and promotion includes brand research spending and royalty fees paid to third parties.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|Investment Income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|The Company earns investment income primarily from the cash and cash equivalent and shortterm investment balances it maintains throughout the year. In 2003, consolidated investment income was $9,608 compared to $8,918 in 2002, an increase of $690. The increase                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
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|19                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|reflected gains from the sale of marketable equity securities and higher worldwide cash balances, which were partially offset by lower worldwide yields.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|In 2002, consolidated investment income decreased $9,635 from 2001. The decrease reflected lower worldwide yields in 2002 and interest income received from a U.S. tax refund in the third quarter of 2001.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|**Other Expense**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|In 2003, other expense was $7,429, compared to $10,571 in 2002. The decrease in expense was primarily due to marketdriven portfolio gains in 2003, compared with losses in 2002, associated with the cash surrender value of companyowned life insurance.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|In 2002, other expense was $10,571, up $6,028 from 2001. The increase in expense was driven primarily by foreign currency transaction losses, mostly caused by a weaker U.S. dollar.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|Income Taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|Income taxes in 2003 were $205,647, up $23,751 or 13% from 2002. The result is due primarily to an increase in pretax earnings of $68,120 or 12%. The consolidated effective income tax rate in 2003 was 31.6%, compared to 31.2% in 2002.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|Income taxes in 2002 were $181,896, up $17,516 or 11% from 2001 due primarily to increase in pretax earnings of $56,055 or 11%. The effective consolidated income tax rate, in both 2002 and 2001, was 31.2%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|Net Earnings                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|Consolidated net earnings in 2003 totaled $445,894, up $44,369 or 11%. On a per share basis, net earnings increased $.20 or 11% from 2002.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|Consolidated net earnings in 2002 increased $38,539 or 11%. On a per share basis, net earnings increased $.17 or 11% from 2001.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|SUBSEQUENT EVENT                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|Pending Acquisition                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|On January 8, 2004, the Company agreed with Agrolimen, a privatelyheld Spanish conglomerate, to purchase certain confectionery businesses of The Joyco Group. Under the terms of the agreement, the Company will pay total consideration of 215 million Euro, which will be funded from the Companys available cash and a draw on the line of credit the Company is negotiating for purposes of this transaction.                                                                                                                                                                                                                                                                                                                                                                                                                     
|This transaction strengthens the Companys operations in key geographies such as Spain, India and China through a broader confectionery brand portfolio, access to additional distribution channels and increased confectionery and gumbase manufacturing capacity. These opportunities along with the efficiencies from combining the operations of the Company with those of The Joyco Group were key factors associated with the determination of the purchase price. The proposed acquisition is subject to customary closing conditions, including regulatory clearances. The Company expects to complete the transaction in the first quarter 2004.                                                                                                                                                                               
|LIQUIDITY AND CAPITAL RESOURCES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|Operating Cash Flow and Current Ratio                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|Net cash provided by operating activities in 2003 was $645,495 compared with $374,435 in 2002 and $390,491 in 2001. The increase from 2002 was primarily due to increased net earnings, reduced levels of working capital investment in 2003 versus 2002, and a decrease in pension and postretirement plan contributions of $77,800 in 2003 compared to 2002. The decrease in 2002 compared to 2001 was primarily due to pension and postretirement plan contributions paid which increased $75,800 from 2001 and higher working capital requirements, mostly offset by increased earnings. The Company had a current ratio (current assets divided by current liabilities) in excess of 2.7 to 1 at December 31, 2003 and in excess of 2.6 to 1 at December 31, 2002. The Companys current ratio has increased primarily due       
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|20                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      



|to higher cash balances at December 31, 2003 as compared to December 31, 2002.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
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|Additions to Property, Plant and Equipment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|Capital expenditures for 2003 were $220,259, an increase of $3,387 from the 2002 capital expenditures of $216,872. The increase was due primarily to higher spending on worldwide manufacturing capacity, offset by decreased spending on the Companys global enterprise resource planning (ERP) systems project. Capital expenditures for 2002 were $216,872, an increase of $35,112 from the 2001 capital expenditures of $181,760. The increase was due primarily to spending in order to increase worldwide manufacturing capacity, including spending to support new product introductions and expenditures on the global ERP systems project. Additions to property, plant and equipment in 2004 are expected to be slightly higher than 2003 levels and are planned to be funded from the Companys cash flow from operations.                                                                                                                                                                                                                                                                                                                                                                           
|Share Repurchases                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|In 2003, the Company repurchased 822 shares totaling $44,842, including 809 shares totaling $44,021 under the Board of Directors authorized Share Repurchase Program and 13 shares totaling $821 under the shareholder approved Management Incentive Plan (MIP). At December 31, 2003, $45,238 is available for repurchase under the Share Repurchase Program. In 2002, the Company repurchased 527 shares totaling $27,759, including repurchases under the Board of Directors authorized Share Repurchase Program of 483 shares totaling $25,504. In 2002, the Company also repurchased 44 shares totaling $2,255 under the shareholder approved MIP.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|On January 28, 2004, the Companys Board of Directors authorized future share repurchases of up to $100,000. This new repurchase program will follow the completion of the Share Repurchase Program authorized by the Board of Directors in 2000, under which $45,238 remains available for repurchases.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|Line of Credit                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|In September 2003, the Company renewed its $100 million unsecured line of credit. There were no borrowings under this line during 2003. Upon drawing on the line of credit, the Company has the option to elect a fixed or floating interest rate. The line of credit expires in September 2004.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|In connection with the pending acquisition, the Company is negotiating a $300 million line of credit. The line of credit would mature 3 years from the date drawn. Upon entering into this line of credit, the Company would terminate the $100 million, unsecured line of credit which had been renewed in September 2003.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|Contractual Obligations                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|The Company enters into arrangements that obligate the Company to make future payments under contracts such as leases and unconditional purchase obligations. The Company enters into these arrangements in the normal course of business in order to ensure adequate levels of raw materials, office and warehousing space and machinery, equipment or services for significant capital projects. Of these items, capital lease obligations, which total $4,082 and $5,149, are currently recognized as liabilities in the Companys consolidated balance sheet at December 31, 2003 and 2002, respectively. Operating lease obligations and unconditional purchase obligations, which total $623,587 at December 31, 2003, are primarily related to normal anticipated raw material requirements for 2004, and are not recognized as liabilities in the Companys consolidated balance sheet in accordance with generally accepted accounting principles.                                                                                                                                                                                                                                                      
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|21                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|A summary of the Companys contractual obligations at the end of 2003 is as follows:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
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|Contractual
Obligations                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
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|Capital lease
obligations                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
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|Operating
leases                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|Purchase
obligations                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
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|Total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
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|Additionally, the Company does not have any related party transactions that materially affect the Companys results of operations, cash flows or financial condition.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|OTHER MATTERS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|Critical Accounting Policies and Estimates                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|The Companys significant accounting policies are discussed in the notes to the consolidated financial statements. The application of certain of these policies requires significant judgments or an estimation process that can affect the results of operations, financial position and cash flows of the Company, as well as the related footnote disclosures. The Company bases its estimates on historical experience and other assumptions that it believes are reasonable. If actual amounts are ultimately different from previous estimates, the revisions are included in the Companys results of operations for the period in which the actual amounts become known. The accounting policies and estimates with the greatest potential to have a significant impact on the Companys operating results, financial position, cash flows and footnote disclosures are as follows:                                                                                                                                                                                                                                                                                                                      
|Allowance for Doubtful Accounts   The normal course of business, the Company extends credit to customers that satisfy predefined credit criteria. An allowance for doubtful accounts, which is reported as part of accounts receivable, is determined through an analysis of the aging of accounts receivable, assessments of collectibility based on historical trends, assessing the credit worthiness of its customers, and an evaluation of current and projected economic conditions at the balance sheet date. Actual collections of accounts receivable could differ from managements estimates due to changes in future economic or industry conditions or specific customers financial condition.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|Valuation of Longlived Assets  Longlived assets, primarily property, plant and equipment, are reviewed for impairment as events or changes in circumstances occur indicating that the amount of the asset reflected in the Companys balance sheet may not be recoverable. An estimate of undiscounted cash flows produced by the asset, or the appropriate group of assets, is compared to the carrying value to determine whether impairment exists. The estimates of future cash flows involve considerable management judgment and are based upon assumptions about expected future operating performance. The actual cash flows could differ from managements estimates due to changes in business conditions, operating performance, and economic conditions.                                                                                                                                                                                                                                                                                                                                                                                                                                         
|Pension and Other PostRetirement Plan Benefits  The Company sponsors pension and other postretirement plans in various forms covering substantially all employees who meet eligibility requirements. Independent actuaries perform the required calculation to determine pension and other postretirement plan expense, in accordance with accounting principles generally accepted in the U.S. Several statistical and other factors which attempt to anticipate future events are used in calculating the expense and liability related to the plans. These factors include assumptions about the discount rate, expected return on plan assets, rate of future employee compensation increases and trends in healthcare costs. In addition, the Company also uses subjective actuarial assumptions such as withdrawal and mortality rates to estimate these factors. The actuarial assumptions used by the Company may differ from actual results due to changing market and economic conditions, higher or lower withdrawal rates or longer or shorter life spans of participants. These differences may impact the amount of pension and postretirement liability and expense recorded by the Company.
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|Income Taxes  Deferred income taxes are recognized for the future tax effects of temporary differences between financial and income tax reporting using tax rates in effect for the years in which the differences are expected to reverse. Federal income taxes are provided on that portion of the income of foreign subsidiaries that is expected to be remitted to the United States and be taxable, but not on the portion that is considered to be permanently invested in the foreign subsidiary. The Company, along with thirdparty advisers, periodically reviews assumptions and estimates of the Companys probable tax obligations using historical experience in tax jurisdictions and informed judgments.                                                                                                                                                                                                                                      
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|Market Risk                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|Inherent in the Companys operations are certain market risks related to changes in foreign currency exchange rates, interest rates, and the equity markets. Changes in these factors could cause fluctuations in the Companys net earnings, cash flows, and to the fair values of market risk sensitive financial instruments. In the normal course of business, the Company identifies these risks and mitigates their financial impact through its corporate policies and hedging activities. The Companys hedging activities include the use of derivative financial instruments. The Company uses derivatives only where there is an underlying exposure and does not use them for trading or speculative purposes. The counter parties to the hedging activities are highly rated financial institutions. Additional information regarding the Companys use of financial instruments is included in the notes to the consolidated financial statements.
|The Companys primary area of market risk is foreign currency exchange rate risk. The Companys primary exchange rate exposure is with the Euro and British Pound against the U.S. Dollar. The Company has determined that for its market risk sensitive instruments, any reasonably possible nearterm changes in market rates or prices do not result in material near term losses in future earnings, fair values, or cash flows.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|ForwardLooking Statements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|Statements contained in this report may be considered to be forwardlooking statements. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forwardlooking statements. The Company wishes to ensure that such statements are accompanied by meaningful cautionary statements to comply with the safe harbor under the Act. The Company notes that a variety of factors could cause actual results to differ materially from the anticipated results or expectations expressed in these forwardlooking statements.                                                                                                                                                                                                                                                                                                                                                                                                                 
|Important factors that may influence the operations, performance, development and results of the Companys business include global and local business and economic conditions; currency exchange and interest rates; ingredient, labor, and other operating costs; insufficient or underutilization of manufacturing capacity; destruction of all or part of manufacturing facilities; labor strikes or unrest; political or economic instability in local markets; war or acts of terrorism; competition and other industry trends; retention of preferred retail space; effectiveness of marketing campaigns or new product introductions; consumer preferences, spending patterns, and demographic trends; legislation and governmental regulation; and accounting policies and practices.                                                                                                                                                                  
|We caution the reader that the list of factors may not be exhaustive. The Company undertakes no obligation to update any forwardlooking statement, whether as a result of new information, future events, or otherwise.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
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|Q U A R T E R L Y   D A T A                     
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|In thousands of dollars except per share amounts
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|CONSOLIDATED RESULTS                            
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|2003                                            
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|First Quarter                                   
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|Second Quarter                                  
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|Third Quarter                                   
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|Fourth Quarter                                  
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|Total                                           
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|2002                                            
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|First Quarter                                   
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|Second Quarter                                  
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|Third Quarter                                   
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|Fourth Quarter                                  
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|Total                                           
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|24                                              



|MARKET PRICES                                                                                                                                                                                                                               
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                                                                                                                            
|Although there is no established public trading market for the Companys Class B Common Stock, these shares are at all times convertible into shares of Common Stock on a oneforone basis and are entitled to identical dividend payments.
|                                                                                                                                                                                                                                            
|The Common Stock of the Company is listed and traded on the New York and Chicago Stock Exchanges. The table below presents the high and low sales prices for the two most recent years on the New York Stock Exchange.                      
|                                                                                                                                                                                                                                            
|                                                                                                                                                                                                                                            
|                                                                                                                                                                                                                                            
|                                                                                                                                                                                                                                            
|                                                                                                                                                                                                                                            
|First Quarter                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                            
|Second Quarter                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                            
|Third Quarter                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                            
|Fourth Quarter                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                            
|                                                                                                                                                                                                                                            
|                                                                                                                                                                                                                                            
|DIVIDENDS                                                                                                                                                                                                                                   
|                                                                                                                                                                                                                                            
|The following table indicates the quarterly breakdown of aggregate dividends declared per share of Common Stock and Class B Common Stock for the two most recent years. Dividends declared in a quarter are paid in the following quarter.  
|                                                                                                                                                                                                                                            
|                                                                                                                                                                                                                                            
|                                                                                                                                                                                                                                            
|First Quarter                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                            
|Second Quarter                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                            
|Third Quarter                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                            
|Fourth Quarter                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                            
|                                                                                                                                                                                                                                            
|Total                                                                                                                                                                                                                                       
|                                                                                                                                                                                                                                            
|                                                                                                                                                                                                                                            
|25                                                                                                                                                                                                                                          



|SELECTED FINANCIAL DATA                                                                          
|-------------------------------------------------------------------------------------------------
|                                                                                                 
|In thousands of dollars and shares except per share amounts, stockholders of record and employees
|                                                                                                 
|                                                                                                 
|                                                                                                 
|                                                                                                 
|OPERATING DATA                                                                                   
|                                                                                                 
|Net Sales                                                                                        
|Cost of Sales                                                                                    
|Income Taxes                                                                                     
|Net Earnings*                                                                                    
|Per Share of Common
   Stock (basic and diluted)                                                 
|Dividends Paid                                                                                   
|Per Share of Common Stock
   As a Percent of Net Earnings                                        
|Dividends Declared Per Share
   of Common Stock                                                  
|Average Shares Outstanding                                                                       
|                                                                                                 
|                                                                                                 
|                                                                                                 
|OTHER FINANCIAL D A T A                                                                          
|                                                                                                 
|Net Property, Plant and Equipment                                                                
|Total Assets                                                                                     
|Working Capital                                                                                  
|Stockholders Equity                                                                             
|Return on Average Equity                                                                         
|Stockholders of Record at
   Close of Year                                                       
|Employees at Close of Year                                                                       
|Market Price of Stock
   High
   Low                                                             
|                                                                                                 
|                                                                                                 
|*                                                                                                
|                                                                                                 
|26                                                                                               



|1999        | 1998        | 1997        | 1996        | 1995        | 1994        | 1993       
|----------- | ----------- | ----------- | ----------- | ----------- | ----------- | -----------
|           
|            |             |             |             |             |             |            
|            |             |             |             |             |             |            
|2,045,227   | 1,990,286   | 1,923,963   | 1,835,987   | 1,754,931   | 1,596,551   | 1,428,504  
|904,183     | 894,988     | 892,751     | 859,414     | 820,478     | 737,239     | 653,687    
|136,247     | 136,378     | 122,614     | 128,840     | 126,492     | 122,746     | 103,944    
|308,183     | 304,501     | 271,626     | 230,272     | 223,739     | 230,533     | 174,891    
|1.33        | 1.31        | 1.17        | ..99        | ..96        | ..99        | ..75       
|153,812     | 150,835     | 135,680     | 118,308     | 111,401     | 104,694     | 87,344     
|.664
50%    | .650
50%    | .585
50%    | .510
51%    | .480
50%    | .450
45%    | .375
50%   
|..740       | ..655       | ..595       | ..510       | ..495       | ..470       | ..375      
|231,722     | 231,928     | 231,928     | 231,966     | 232,132     | 232,716     | 233,022    
|           
|           
|            |             |             |             |             |             |            
|            |             |             |             |             |             |            
|            |             |             |             |             |             |            
|599,140     | 520,090     | 430,474     | 388,149     | 347,491     | 289,420     | 239,868    
|1,547,745   | 1,520,855   | 1,343,126   | 1,233,543   | 1,099,219   | 978,834     | 815,324    
|551,921     | 624,546     | 571,857     | 511,272     | 458,683     | 413,414     | 343,132    
|1,138,775   | 1,157,032   | 985,379     | 897,431     | 796,852     | 688,470     | 575,182    
|26.8%       | 28.4%       | 28.9%       | 27.2%       | 30.1%       | 36.5%       | 32.6%      
|38,626      | 38,052      | 36,587      | 34,951      | 28,959      | 24,078      | 18,567     
|9,300       | 9,200       | 8,200       | 7,800       | 7,300       | 7,000       | 6,700      
|50.31
33.25 | 52.16
35.47 | 41.03
27.28 | 31.44
24.19 | 27.00
21.44 | 26.94
19.06 | 23.06
14.75
|           
|           
|27         



|**MANAGEMENTS REPORT**ON RESPONSIBILITY FOR FINANCIAL REPORTING                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Management of the Wm. Wrigley Jr. Company is responsible for the preparation and integrity of the financial statements and related information presented in this Annual Report. This responsibility is carried out through a system of internal controls to ensure that assets are safeguarded, transactions are properly authorized, and financial records are accurate.                                                                                                                                                                                                                                                                                     
|These controls include a comprehensive internal audit program, written financial policies and procedures, appropriate division of responsibility, and careful selection and training of personnel. Written policies include a Code of Business Conduct prescribing that all employees maintain the highest ethical and business standards.                                                                                                                                                                                                                                                                                                                    
|Ernst & Young LLP has conducted an independent audit of the financial statements, and its report appears below.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|The Board of Directors exercises its control responsibility through an Audit Committee composed entirely of independent directors. The Audit Committee meets regularly to review accounting and control matters. Both Ernst & Young LLP and the internal auditors have direct access to the Audit Committee and periodically meet privately with them.                                                                                                                                                                                                                                                                                                        
|WM. WRIGLEY JR. COMPANY                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|Chicago, Illinois
January 21, 2004                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|**REPORT OF INDEPENDENT AUDITORS**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|To the Stockholders and Board of Directors of the Wm. Wrigley Jr. Company:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|We have audited the accompanying consolidated balance sheets of the Wm. Wrigley Jr. Company and associated companies (the "Company") at December 31, 2003 and 2002 and the related consolidated statements of earnings, stockholders equity and cash flows for each of the three years in the period ended December 31, 2003. These financial statements are the responsibility of the Companys management. Our responsibility is to express an opinion on these financial statements based on our audits.                                                                                                                                                  
|We conducted our audits in accordance with auditing standards generally accepted in the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
|In our opinion, the financial statements referred to above present fairly, in all material respects, the consolidated financial position of the Company at December 31, 2003 and 2002, and the consolidated results of their operations and their cash flows for each of the three years in the period ended December 31, 2003, in conformity with accounting principles generally accepted in the United States.                                                                                                                                                                                                                                             
|ERNST & YOUNG LLP                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|Chicago, Illinois
January 21, 2004                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|28                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            



|CONSOLIDATED STATEMENT OF EARNINGS                        
|----------------------------------------------------------
|                                                          
|In thousands of dollars except per share amounts          
|                                                          
|                                                          
|                                                          
|EARNINGS                                                  
|                                                          
|Net sales                                                 
|Cost of sales                                             
|                                                          
|                                                          
|Gross profit                                              
|Selling, general and administrative expense               
|                                                          
|                                                          
|Operating income                                          
|Investment income                                         
|Other expense                                             
|                                                          
|                                                          
|Earnings before income taxes                              
|Income taxes                                              
|                                                          
|                                                          
|Net earnings                                              
|                                                          
|                                                          
|                                                          
|PER SHARE AMOUNTS                                         
|                                                          
|Net earnings per share of Common Stock
(basic and diluted)
|                                                          
|Dividends paid per share of Common Stock                  
|                                                          
|                                                          
|See accompanying accounting policies and notes.           
|                                                          
|29                                                        



|CONSOLIDATED BALANCE SHEET                                                                                    
|--------------------------------------------------------------------------------------------------------------
|                                                                                                              
|In thousands of dollars                                                                                       
|                                                                                                              
|                                                                                                              
|                                                                                                              
|                                                                                                              
|ASSETS                                                                                                        
|Current assets:                                                                                               
|Cash and cash equivalents                                                                                     
|Shortterm investments, at amortized cost                                                                     
|Accounts receivable
   (less allowance for doubtful accounts:  2003$9,232; 2002$5,850)                      
|Inventories                                                                                                   
|Finished goods                                                                                                
|Raw materials and supplies                                                                                    
|                                                                                                              
|                                                                                                              
|                                                                                                              
|                                                                                                              
|Other current assets                                                                                          
|Deferred income taxes  current                                                                               
|                                                                                                              
|Total current assets                                                                                          
|Marketable equity securities, at fair value                                                                   
|Deferred charges and other assets                                                                             
|Deferred income taxes  noncurrent                                                                            
|Property, plant and equipment, at cost:
   Land
   Buildings and building equipment
   Machinery and equipment
|                                                                                                              
|                                                                                                              
|                                                                                                              
|                                                                                                              
|Less accumulated depreciation                                                                                 
|                                                                                                              
|Net property, plant and equipment                                                                             
|                                                                                                              
|TOTAL ASSETS                                                                                                  
|                                                                                                              
|                                                                                                              
|30                                                                                                            



|In thousands of dollars and shares                                                                                                        |   |           | 
|----------------------------------------------------------------------------------------------------------------------------------------- | - | --------- | 
|                                                                                                                                          |   |           | 
|                                                                                                                                          |   | 2003      | 
|                                                                                                                                         
|                                                                                                                                          |   |           | 
|LIABILITIES AND STOCKHOLDERS EQUITY                                                                                                      |   |           | 
|Current liabilities:                                                                                                                      |   |           | 
|Accounts payable                                                                                                                          | $ | 134,888   | 
|Accrued expenses                                                                                                                          |   | 206,360   | 
|Dividends payable                                                                                                                         |   | 49,469    | 
|Income and other taxes payable                                                                                                            |   | 68,650    | 
|Deferred income taxes   current                                                                                                          |   | 5,427     | 
|                                                                                                                                         
|Total current liabilities                                                                                                                 |   | 464,794   | 
|Deferred incomes taxes   noncurrent                                                                                                      |   | 82,919    | 
|Other noncurrent liabilities                                                                                                              |   | 151,876   | 
|Stockholders equity:
Preferred Stock   no par value
   Authorized: 20,000 shares
   Issued: None                                        |   |           | 
|Common Stock   no par value
   Common Stock
   Authorized: 400,000 shares
   Issued: 2003  191,964 shares; 2002  190,898 shares        |   | 12,790    | 
|Class B Common Stock   convertible
   Authorized: 80,000 shares
   Issued and outstanding:
   2003  40,477 shares; 2002  41,543 shares |   | 2,706     | 
|Additional paidin capital                                                                                                                |   | 8,342     | 
|Retained earnings                                                                                                                         |   | 2,152,566 | 
|Common Stock in treasury, at cost
   (2003  7,581 shares; 2002  7,385 shares)                                                           |   | (320,450) | 
|Accumulated other comprehensive income:
   Foreign currency translation adjustment                                                        |   | (42,692)  | 
|Loss on derivative contracts                                                                                                              |   | (1,902)   | 
|Unrealized holding gains on marketable equity securities                                                                                  |   | 9,461     | 
|                                                                                                                                         
|                                                                                                                                          |   | (35,133)  | 
|                                                                                                                                         
|                                                                                                                                          |   |           | 
|Total stockholders equity                                                                                                                |   | 1,820,821 | 
|                                                                                                                                         
|                                                                                                                                          |   |           | 
|TOTAL LIABILITIES A N D STOCKHOLDERS E Q U I T Y                                                                                         | $ | 2,520,410 | 
|                                                                                                                                         
|                                                                                                                                         
|                                                                                                                                         
|See accompanying accounting policies and notes.                                                                                          
|                                                                                                                                         
|31                                                                                                                                       



|CONSOLIDATED STATEMENT OF CASH FLOWS                                                  
|--------------------------------------------------------------------------------------
|                                                                                      
|In thousands of dollar                                                                
|                                                                                      
|                                                                                      
|OPERATING ACTIVITIES                                                                  
|Net earnings                                                                          
|Adjustments to reconcile net earnings to
   net cash provided by operating activities:
|Depreciation                                                                          
|Loss on retirements of property, plant and equipment                                  
|(Increase) Decrease in:
     Accounts receivable                                      
|Inventories                                                                           
|Other current assets                                                                  
|Deferred charges and other assets                                                     
|Increase (Decrease) in:
     Accounts payable                                         
|Accrued expenses                                                                      
|Income and other taxes payable                                                        
|Deferred income taxes                                                                 
|Other noncurrent liabilities                                                          
|                                                                                      
|                                                                                      
|Net cash provided by operating activities                                             
|                                                                                      
|INVESTING ACTIVITIES                                                                  
|Additions to property, plant and equipment                                            
|Proceeds from retirements of property, plant
        and equipment                    
|Purchases of shortterm investments                                                   
|Maturities of shortterm investments                                                  
|                                                                                      
|                                                                                      
|Net cash used in investing activities                                                 
|                                                                                      
|FINANCING ACTIVITIES                                                                  
|Dividends paid                                                                        
|Common Stock purchased, net                                                           
|                                                                                      
|                                                                                      
|Net cash used in financing activities                                                 
|Effect of exchange rate changes on cash and
     cash equivalents                     
|                                                                                      
|                                                                                      
|Net increase (decrease) in cash and cash equivalents                                  
|Cash and cash equivalents at beginning of year                                        
|                                                                                      
|                                                                                      
|Cash and cash equivalents at end of year                                              
|                                                                                      
|                                                                                      
|SUPPLEMENTAL CASH FLOW INFORMATION                                                    
|Income taxes paid                                                                     
|                                                                                      
|Interest paid                                                                         
|                                                                                      
|Interest and dividends received                                                       
|                                                                                      
|                                                                                      
|See accompanying accounting policies and notes.                                       
|                                                                                      
|32                                                                                    



|CONSOLIDATED STATEMENT OF STOCKHOLDERS EQUITY                                                                                     
|-----------------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                   
|In thousands of dollars and shares                                                                                                 
|                                                                                                                                   
|                                                                                                                                   
|                                                                                                                                   
|BALANCE
DECEMBER 31, 2000                                                                                                          
|                                                                                                                                   
|                                                                                                                                   
|Net earnings                                                                                                                       
|Changes in other comprehensive income:
   Foreign currency 
   translation adjustments                                             
|Unrealized holding loss on
   marketable equity securities,
   net of $1,655 tax
   Gain on derivative contracts,
   net of $21 tax
|                                                                                                                                   
|Total comprehensive income                                                                                                         
|Dividends to shareholders                                                                                                          
|Treasury share  purchases                                                                                                          
|Options exercised and stock 
   awards granted                                                                                     
|Conversion from Class B
   Common to Common                                                                                        
|BALANCE
DECEMBER 31, 2001                                                                                                          
|                                                                                                                                   
|Net earnings                                                                                                                       
|Changes in other comprehensive income:
   Foreign currency translation
   adjustments, net of $517 tax                             
|Unrealized holding loss on
   marketable equity securities,
   net of $2,150 tax                                                   
|Loss on derivative contracts,
   net of $363 tax                                                                                   
|                                                                                                                                   
|Total comprehensive income                                                                                                         
|Dividends to shareholders                                                                                                          
|Treasury share purchases                                                                                                           
|Options exercised and
   stock awards granted                                                                                      
|Tax benefit related to stock
   options exercised                                                                                  
|Conversion from Class B
   Common to Common                                                                                        
|ESOP tax benefit                                                                                                                   
|BALANCE
DECEMBER 31, 2002                                                                                                          
|                                                                                                                                   
|Net earnings                                                                                                                       
|Changes in other comprehensive income:
   Foreign currency translation
   adjustments, net of ($305) tax                           
|Unrealized holding loss on
   marketable equity securities,
   net of $394 tax                                                     
|Loss on derivative contracts,
   net of $401 tax                                                                                   
|                                                                                                                                   
|Total comprehensive income                                                                                                         
|Dividends to shareholders                                                                                                          
|Treasury share purchases                                                                                                           
|Options exercised and
   stock awards granted                                                                                      
|Tax benefit related to stock
   options exercised                                                                                  
|Conversion from Class B
   Common to Common                                                                                        
|ESOP tax benefit                                                                                                                   
|                                                                                                                                   
|BALANCE
DECEMBER 31, 2003                                                                                                          
|                                                                                                                                   
|See accompanying accounting policies and notes.                                                                                    
|33                                                                                                                                 



|**ACCOUNTING POLICIES AND NOTES**TO CONSOLIDATED FINANCIAL STATEMENTS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Dollar and share amounts in thousands except per share figures                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|**DESCRIPTION OF BUSINESS**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|The principal business of the Wm. Wrigley Jr. Company is manufacturing and marketing gum and other confectionery products worldwide. All other businesses constitute less than 10% of combined revenues, operating income and identifiable assets.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|**BASIS OF PRESENTATION**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|The consolidated financial statements include the accounts of the Wm. Wrigley Jr. Company and its associated companies (the Company). Intercompany balances and transactions have been eliminated. Preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect assets, liabilities, revenues, expenses and certain financial statement disclosures. Actual results may vary from those estimates. Additionally, certain amounts reported in 2001 and 2002 have been reclassified to conform to the 2003 presentation.                                                                                                                                                                                                                                                                                                                         
|**SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|**Recently Adopted Accounting Policies**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|The Company adopted the provisions of SFAS 132 (revised 2003) "Employers Disclosures about Pensions and Other Postretirement Benefits" as of December 31, 2003.  This Statement amends the disclosure requirements of SFAS 132 to require more complete information in both annual and interim financial statements about pension and postretirement benefits as well as to increase the transparency of the financial reporting related to those plans and benefits. A discussion of the Companys accounting policy and the required disclosures under the revised provisions of SFAS 132 are included in the Pension and Other PostRetirement Plans accounting policy notes on pages 35 and 40.                                                                                                                                                                                                                                                
|**Cash and Cash Equivalents**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|The Company considers all highlyliquid investments with original maturity of three months or less to be cash equivalents.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|**Accounts Receivable**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|In the normal course of business, the Company extends credit to customers that satisfy predefined credit criteria. The Company believes that it has little concentration of credit risk due to the diversity of its customer base. Accounts receivable, as shown on the Consolidated Balance sheets, were net of allowances and anticipated discounts. An allowance for doubtful accounts is determined through analysis of the aging of accounts receivable at the date of the financial statements, assessments of collectibility based on historical trends and an evaluation of the impact of current and projected economic conditions. The Company monitors the collectibility of its accounts receivable on an ongoing basis by analyzing the aging of its accounts receivable, assessing the credit worthiness of its customers and evaluating the impact of reasonably likely changes in economic conditions that may impact credit risks.
|**Inventories**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|Inventories are valued at cost on a lastin, firstout (LIFO) basis for U.S. companies and at the lower of cost (principally firstin, firstout basis) or market for international associated companies. Inventories totaled $349,968 and $321,196 at December 31, 2003 and 2002, respectively, including $129,431 and $137,367, respectively, valued at cost on a LIFO basis. If current costs had been used, such inventories would have been $5,173 and $15,710 higher than reported at December 31, 2003 and 2002, respectively.                                                                                                                                                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|34                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  



|**Derivative Financial Instruments**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|The Company accounts for all derivatives in accordance with SFAS 133, "Accounting for Derivatives and Hedging Activities", as amended. All derivatives are recognized on the balance sheet at fair value. Changes in the fair value of derivatives are recorded in earnings or other comprehensive income, based on whether the instrument is designated as part of a hedge transaction and, if so, the type of hedge transaction. Gains or losses on derivative instruments reported in other comprehensive income are reclassified to earnings in the period in which earnings are affected by the underlying hedged item. The ineffective portion of all hedges is recognized in earnings in the current period.
|**Property, Plant and Equipment**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|Land, building and equipment are recorded at cost. Depreciation is provided primarily by the straightline method over the estimated useful lives of the respective assets: buildings and building equipment  12 to 50 years; machinery and equipment  3 to 20 years. Expenditures for new property, plant and equipment and improvements that substantially extend the capacity or useful life of an asset are capitalized. Ordinary repairs and maintenance are expensed as incurred. When property is retired or otherwise disposed, the cost and related depreciation are removed from the accounts and any related gains or losses are included in net earnings.                                            
|**Impairment of LongLived Assets**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|The Company reviews longlived assets on at least an annual basis to determine if there are indicators of impairment. When indicators of impairment are present, the Company evaluates the carrying value of the longlived assets in relation to the operating performance and future undiscounted cash flows of the underlying assets. The Company adjusts the net book value of the underlying assets to fair value if the sum of the expected future cash flows is less than book value.                                                                                                                                                                                                                       
|**Pension and Other PostRetirement Plan Benefits**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|**Pension and other postretirement plan benefits are expensed as applicable employees earn such benefits. The recognition of expense is significantly impacted by estimates made by management such as discount rates used to value certain liabilities, expected return on assets, and future health costs. The Company uses thirdparty specialists to assist management in appropriately measuring the expense associated with pension and other postretirement plan benefits.**                                                                                                                                                                                                                              
|**Foreign Currency Translation**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|The Company has determined that the functional currency for each associated company, except for certain Eastern European entities, is its local currency. Some Eastern European entities use the U.S. dollar as their functional currency, as a significant amount of their business is indexed to the U.S. dollar.                                                                                                                                                                                                                                                                                                                                                                                                
|The Company translates the results of operations of its foreign associated companies at the average exchange rates during the respective periods. Foreigncurrency denominated assets and liabilities are translated into U.S. dollars at exchange rates in effect at the respective balance sheet dates resulting in foreign currency translation adjustments. Foreign currency translation adjustments are recorded as a separate component of Accumulated Other Comprehensive Income within stockholders equity.                                                                                                                                                                                               
|**Revenue Recognition**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|Revenue from product sales is recognized when the goods are shipped.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|**Distribution Costs**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|The Company classifies distribution costs, including shipping and handling costs, in cost of sales.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|**Advertising**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|The Company expenses all advertising costs in the year incurred. Advertising expense was $371,274 in 2003, $362,548 in 2002 and $328,346 in 2001.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|**35**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             





|**StockBased Compensation**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|The Company applies Accounting Principles Board Opinion (APB) No. 25, "Accounting for Stock Issued to Employees" and related interpretations in accounting for stockbased compensation plans. APB No. 25 requires the use of the intrinsic value method, which measures compensation cost as the excess of the quoted market price of the stock at the date of grant over the amount an employee must pay to acquire the stock. The following table illustrates the effect on net earnings and earnings per share if the Company had applied the fair value recognition provisions of SFAS No. 123, "Accounting for StockBased Compensation" to stockbased compensation plans.
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|Net earnings
as reported                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|Add: Stockbased compensation expense
   included in earnings, net of tax                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|Deduct: Total stockbased compensation
   expense determined under fair value method
   for all awards, net of tax                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|Pro forma net earnings                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|Pro forma basic and diluted earnings
   per share                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|As reported                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|Pro forma                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|The Companys stockbased compensation plans are discussed further on page 38.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|**Income Taxes**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|Deferred income taxes are recognized for the future tax effects of temporary differences between financial and income tax reporting using tax rates in effect for the years in which the differences are expected to reverse. Federal income taxes are provided on the portion of the income of foreign associated companies that is expected to be remitted to the U.S. and be taxable, but not on the portion that is considered to be permanently invested in the foreign subsidiary.                                                                                                                                                                                         





|Subsequent Event  Pending Acquisition                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|On January 8, 2004, the Company agreed with Agrolimen, a privatelyheld Spanish conglomerate, to purchase certain confectionery businesses of The Joyco Group. Under the terms of the agreement, the Company will pay total consideration of 215 million Euro, which will be funded from the Companys available cash and a draw on the line of credit the Company is negotiating for purposes of this transaction.                                                                                                                                                                                                                                       
|This transaction strengthens the Companys operations in key geographies such as Spain, India and China through a broader confectionery brand portfolio, access to additional distribution channels and increased confectionery and gum base manufacturing capacity. These opportunities along with the efficiencies from combining the operations of the Company with those of The Joyco Group were key factors associated with the determination of the purchase price. The proposed acquisition is subject to customary closing conditions, including regulatory clearances. The Company expects to complete the transaction in the first quarter 2004.
|**INVESTMENTS IN DEBT AND EQUITY SECURITIES**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|The Companys investments in debt securities, which typically mature in one year or less, are held to maturity and are valued at amortized cost, which approximates fair value. The aggregate fair values at December 31, 2003 and December 31, 2002 were, respectively, $21,243 and $24,370 for municipal securities, and $1,266 and $1,251 for other debt securities. The average yields of municipal securities held at December 31, 2003 and December 31, 2002 were 1.53% and 1.85%, respectively.                                                                                                                                                    
|The Companys investments in marketable equity securities are held for an indefinite period. Application of SFAS No. 115, "Accounting for Certain Investments in Debt and Equity Securities," resulted in unrealized holding gains of $14,555 at December 31, 2003 and $15,681 at December 31, 2002. Unrealized holding gains, net of the related tax effect, of $9,461 and $10,193 at December 31, 2003 and 2002, respectively, are included as components of Accumulated Other Comprehensive Income in stockholders equity.                                                                                                                            
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|36                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        





|DEFERRED  CHARGES  AND  OTHER  ASSETS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Deferred charges and other assets included prepaid pension assets of $73,300 and $82,300 and deferred compensation assets of approximately $57,500 and $47,900 at December 31, 2003 and 2002, respectively.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|ACCRUED EXPENSES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|Accrued expenses at December 31, 2003 and 2002 included $72,700 and $55,160 of payroll expenses, respectively.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|LINE OF CREDIT                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|In September 2003, the Company renewed its $100 million unsecured line of credit. There were no borrowings under this line during 2003. Upon drawing on the line of credit, the Company has the option to elect a fixed or floating interest rate. The line of credit expires in September 2004.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|OTHER NONCURRENT LIABILITIES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|Other noncurrent liabilities at December 31, 2003, included liabilities for approximately $83,700 of deferred compensation and $6,700 for postretirement benefits. At December 31, 2002, they included liabilities for approximately $70,400 of deferred compensation and $5,600 for postretirement benefits.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|FINANCIAL INSTRUMENTS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|Derivative Financial Instruments and Hedging Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|The Company enters into forward exchange contracts and purchases currency options to hedge against foreign currency exposures of forecasted purchase and sales transactions between associated companies and purchases with outside vendors. In addition, the Company enters into forward exchange contracts and purchases currency options to hedge the foreign currency exposures of forecasted future royalty payments from, and net investments in, associated companies. The Company generally hedges forecasted transactions over a period of twelve months or less.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|On the date a derivative contract is entered into, the Company designates the derivative as either (1) a hedge of a recognized asset or liability (a fair value hedge), (2) a hedge of a forecasted transaction (a cash flow hedge), or (3) a hedge of a net investment in a foreign operation (a net investment hedge). The Company formally documents its hedge relationships, including identification of the hedging instruments and the hedged items, as well as its risk management objectives and strategies for undertaking the hedge transaction. This process includes linking derivatives that are designated as hedges to specific assets, liabilities or forecasted transactions. The Company also formally assesses both at inception and at least quarterly thereafter, whether the derivatives that are used in hedging transactions are highly effective in offsetting changes in the fair value or cash flows of the hedged item. If it is determined that a derivative ceases to be a highly effective hedge, the Company discontinues hedge accounting.
|For fair value hedges, the effective portion of the changes in the fair value of the derivative, along with the gain or loss on the hedged item that is attributable to the hedged risk, are recorded in earnings. For cash flow hedges, the effective portion of the changes in the fairvalue of a derivative is recorded in Accumulated Other Comprehensive Income and reclassified into earnings in the same period or periods during which the hedged transaction affects earnings, generally within the next twelve months. For net investment hedges, the effective portion of the change in the fair value of derivatives used as a net investment hedge of a foreign operation is recorded in Foreign Currency Translation Adjustment.                                                                                                                                                                                                                                                                                                                            
|The ineffective portion of the change in fair value of any derivative designated as a hedge is immediately recognized in other expense. Ineffectiveness recognized during 2003 and 2002 was immaterial.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|37                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         



|At December 31, 2003, open foreign exchange contracts for a number of currencies, primarily the Euro, British pound and U.S. dollar, maturing at various dates through December 2004, had an aggregate notional amount of $328,796. The notional amount of open foreign exchange contracts at December 31, 2002 aggregated $304,937. The fair values of open foreign exchange contracts and currency options, as determined by bank quotes, were a $4,200 loss and a $2,328 loss recorded in current liabilities at December 31, 2003 and 2002, respectively.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Fair Value of Other Financial Instruments                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|The carrying amount of cash and cash equivalents, accounts receivable, and accounts payable approximate fair value. Marketable equity securities are carried at fair value.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|COMMON STOCK                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|In addition to its Common Stock, the Company has Class B Common Stock outstanding. Each share of Class B Common Stock has ten votes, is restricted as to transfer or other disposition, is entitled to the same dividends as Common Stock, and is convertible at any time into one share of Common Stock.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|Additional paidin capital primarily represents the difference between the grant price of exercised stock options, awarded pursuant to Companys Management Incentive Plan (MIP), and the average acquisition cost of Treasury Stock used to fund the Plan and an income tax benefit received for stock options exercised.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|Treasury Stock may be acquired for the Companys MIP or under the Share Repurchase Program resolutions adopted by the Board of Directors. The Board of Directors has authorized the Company to purchase under the Share Repurchase Program up to $400,000 of shares in the open market.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|During 2003, 2002 and 2001, the Company purchased 809 shares, 483 shares and 704 shares at an aggregate price of $44,021, $25,504, and $34,652, respectively, under the Board of Director authorizations. As of December 31, 2003 a total of 8,748 shares at an aggregate price of $354,762 were purchased under the Share Repurchase Program resolutions.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|In May 2001, the Companys Board of Directors approved a Stockholder Rights Plan. Under the Rights Plan, each holder of Common Stock and Class B Common Stock at the close of business on June 6, 2001, automatically received a distribution of one Right for each share of Common Stock or Class B Common Stock held. Each Right entitles the holder to purchase one onethousandth of a share of Series A Junior Participating Preferred Stock for $250. The Rights will trade along with, and not separately from, the shares of Common Stock and Class B Common Stock unless they become exercisable. The Rights become exercisable, and they will separate, become tradable, and entitle stockholders to buy common stock if any person or group ("Acquiring Person") becomes the beneficial owner of, or announces a tender or exchange offer for, 15% or more of the Companys Common Stock. In such event, all Rights, except for those held by the Acquiring Person, become Rights to purchase $500 worth of Common Stock for $250, unless redeemed by the Board of Directors. In case of a subsequent merger or other acquisition of the Company after the Rights become exercisable, holders of Rights other than the Acquiring Person may purchase shares of the acquiring entity at a 50% discount. The Rights will expire on June 6, 2011, unless redeemed earlier, or renewed by the Companys Board of Directors.
|At December 31, 2003, and 2002 there were authorized 20 million shares of preferred stock with no par value, of which 1 million Series A Junior Participating Preferred shares were reserved for issuance upon exercise of the Rights.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|STOCK BASED COMPENSATION PLANS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|On March 5, 1997, stockholders approved the Companys MIP which was subsequently amended on March 5, 2002 by the stockholders and submitted for further amendment in 2004. The MIP is designed to provide key employees the opportunity to participate in the longterm growth and profitability of the Company through cash and equitybased incentives. The MIP                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|38                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                



|authorizes the granting of up to 20,000 shares of the Companys new or reissued Common Stock. In accordance with the MIP, shares of Wrigley stock or deferral share units may be granted under the Wrigley Stock Option program or awarded under the LongTerm Stock Grant and Stock Award programs. Deferral share units are also awarded to nonemployee directors. Options outstanding have been granted at prices which are equal to the fair market value of the stock on the date of grant. In general, options vest over a fouryear period and expire ten years from the date of grant.
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|The status of the Companys Stock Option program is summarized as follows:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|Outstanding at December 31, 2000                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|Granted in 2001                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|Exercised in 2001                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|Cancelled in 2001                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|Outstanding at December 31, 2001                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|Granted in 2002                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|Exercised in 2002                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|Cancelled in 2002                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|Outstanding at December 31, 2002                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|Granted in 2003                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|Exercised in 2003                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|Cancelled in 2003                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|Outstanding at December 31, 2003                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               



|The following table summarizes key information about stock options at December 31, 2003:
|----------------------------------------------------------------------------------------



|                         | OUTSTANDING STOCK OPTIONS | EXERCISABLE STOCK OPTIONS                  
|------------------------ | ------------------------- | -------------------------------------------
|Range of
Exercise Prices | Shares                    | WeightedAverage
Remaining
Contractual Life
|                         |                           |                                            
|$32.03                   | 40,000                    | 6.3                                        
|$36.8145.28             | 1,866,500                 | 6.1                                        
|$47.8053.86             | 1,931,075                 | 7.5                                        
|$54.0458.14             | 4,071,790                 | 9.0                                        
|                         |                           |                                            



|As the exercise price equaled the fair market value on the date of grant, no compensation expense has been recognized for the Wrigley Stock Option program. The impact to net earnings and earnings per share had compensation expense for the Companys stockbased compensation plans been determined based on fair value, consistent with SFAS No. 123, is reflected in the Summary of Significant Accounting Policies note on page 36.
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|In determining compensation expense under SFAS No. 123, the fair value of each option on the date of grant is estimated using the BlackScholes optionpricing model. The weighted average fair value of each option granted using the model was $12.54, $15.61, and $13.98 in 2003, 2002 and 2001, respectively.                                                                                                                         
|The table below summarizes the key assumptions used to calculate the fair value:                                                                                                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                                                                                                                                          
|2003                                                                                                                                                                                                                                                                                                                                                                                                                                      
|2002                                                                                                                                                                                                                                                                                                                                                                                                                                      
|2001                                                                                                                                                                                                                                                                                                                                                                                                                                      
|INCOME TAXES                                                                                                                                                                                                                                                                                                                                                                                                                              
|Income taxes are based on pretax earnings which are distributed geographically as follows:                                                                                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                                                                                                                                          
|Domestic                                                                                                                                                                                                                                                                                                                                                                                                                                  
|Foreign                                                                                                                                                                                                                                                                                                                                                                                                                                   
|                                                                                                                                                                                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                                                                                                                                          
|39                                                                                                                                                                                                                                                                                                                                                                                                                                        



|Reconciliation of the provision for income taxes computed at the U.S. Federal statutory rate of 35% for 2003, 2002, and 2001 to the reported provision for income taxes is as follows:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|Provision at U.S. Federal
Statutory Rate                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|State Taxes  Net                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|Foreign Tax Rates                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|Tax Credits                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|Other   Net                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|The components of the provision for income taxes for 2003, 2002, and 2001 are:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|2003                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|Federal
Foreign
State                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|2002                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|Federal
Foreign
State                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|2001                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|Federal
Foreign
State                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|Components of net deferred tax balances are as follows:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|Accrued Compensation, Pension and
Postretirement Benefits                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|Depreciation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|Unrealized Holding Gains                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|All OtherNet                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|Net Deferred Tax Liability                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|Balance sheet classifications of deferred taxes are as follows:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|Deferred Tax AssetCurrent
Noncurrent                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|Deferred Tax LiabilityCurrent
Noncurrent                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|Net Deferred Tax Liability                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|Applicable U.S. income and foreign withholding taxes have not been provided on approximately $745,000 of undistributed earnings of international associated companies at December 31, 2003. These earnings are considered to be permanently invested and, under the tax laws, are not subject to such taxes until distributed as dividends. Tax on such potential distributions would be substantially offset by foreign tax credits. If the earnings were not considered permanently invested, approximately $132,000 of deferred income taxes would be provided.                                                                                                                                                                                                                                                                                                                        
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|PENSION AND OTHER POSTRETIREMENT PLANS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|The Company maintains noncontributory defined benefit plans covering substantially all of its employees in the U.S. and at certain international associated companies. Retirement benefits are a function of years of service and the level of compensation generally for the highest three consecutive salary years occurring within ten years prior to an employees retirement date depending on the plan. The Companys policy is to fund within ERISA or other statutory limits to provide benefits earned to date and expected to be earned in the future. To the extent that an individuals annual retirement benefit under the plan exceeds the limitations imposed by the Internal Revenue Code of 1986, as amended, and the regulations thereunder, such excess benefits may be paid from the Companys nonqualified, unfunded, noncontributory supplemental retirement plan.
|In addition, the Company maintains certain postretirement plans, which provide limited health care benefits on a contributory basis and life insurance benefits primarily in the U.S. and at certain international associated                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|40                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        



|Companies. The cost of these postretirement benefits is provided during the employees active working career.
|--------------------------------------------------------------------------------------------------------------
|Pension PlansThe funded status of the defined benefit plans were as follows:                                  



|                                        |   | U.S. Plans |          | NonU.S. Plans
|--------------------------------------- | - | ---------- | -------- | --------------
|                                        |   | 2003       | 2002     |               
|                                       
|Change in Benefit Obligation            |   |            |          |               
|Benefit Obligation at Beginning of Year | $ | 324,100    | 295,200  | $             
|Service Cost                            |   | 10,000     | 9,100    |               
|Interest Cost                           |   | 21,600     | 21,500   |               
|Plan Participants Contributions        |   |         |       |               
|Actuarial Loss                          |   | 10,700     | 13,300   |               
|Foreign Currency Exchange               |   |         |       |               
|Other                                   |   | 1,000      |       |               
|Benefits Paid                           |   | (16,100)   | (15,000) |               
|                                       
|Benefit Obligation at End of Year       | $ | 351,300    | 324,100  | $             
|                                       
|Change in Plan Assets                   |   |            |          |               
|Fair Value at Beginning of Year         | $ | 276,000    | 266,000  | $             
|Actual Return on Plan Assets            |   | 57,900     | (25,300) |               
|Plan Participants Contributions        |   |         |       |               
|Foreign Currency Exchange               |   |         |       |               
|Employer Contribution                   |   | 300        | 50,300   |               
|Other                                   |   |         |       |               
|Benefits Paid                           |   | (16,100)   | (15,000) |               
|                                       
|Fair Value at End of Year               | $ | 318,100    | 276,000  | $             
|                                       
|Underfunded Status of the Plan          | $ | (33,200)   | (48,100) | $             
|Unrecognized Net Actuarial Loss         |   | 63,500     | 91,300   |               
|Unrecognized Prior Service Costs        |   | 2,500      | 2,800    |               
|Unrecognized Transition Asset           |   |         | 100      |               
|                                       
|Prepaid (Accrued) Benefit Cost          | $ | 32,800     | 46,100   | $             
|                                       



|The following table provides amounts recognized in the balance sheet as December 31:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|Prepaid Benefit Cost                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|Accrued Benefit Liability                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|Net Amount Recognized                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|The total accumulated benefit obligation for the U.S. defined benefit pension plan was $290,200 and $268,800 at December 31, 2003 and 2002, respectively. The Companys nonqualified, unfunded, noncontributory supplemental retirement plan has a projected benefit obligation of $6,992 and $5,994 and an accumulated benefit obligation of $5,793 and $5,194 at December 31, 2003 and 2002, respectively. Additionally, certain nonU.S. plans are funded through insurance contracts. The value of these insurance assets totaled $21,633 and $15,546 at December 31, 2003 and 2002, respectively,
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|41                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     



|and are not reflected in the funded status of the nonU.S. plans above.                                                                                                                                                                                                                                                                                                                                        
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                                                                                                                                                                                                                                                                                               
|The U.S. plans expected longterm rate of return on plan assets of 8.75% is based on the aggregate historical returns of the investments that comprise the U.S. defined benefit plan portfolio. The investment strategy of the U.S. plans is to achieve an asset allocation balance within planned targets to obtain an average 8.75% annual return for the longterm.                                        
|The Companys strategy is to fund its defined benefit plan obligations. The need for further contributions will be based on changes in the value of plan assets and the movements of interest rates during the year. The Company does not expect a need to fund the U.S. pension plans in 2004. During the year, the Company periodically reviews with its actuaries its investment strategy and funding needs.
|                                                                                                                                                                                                                                                                                                                                                                                                               
|The Companys U.S. pension plan asset allocation at December 31, 2003, and 2002 and target allocation for 2004 by asset category are as follows:                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                                                                                                                                                               
|Asset Category                                                                                                                                                                                                                                                                                                                                                                                                 
|                                                                                                                                                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                                                                                                                                                               
|Equity Securities                                                                                                                                                                                                                                                                                                                                                                                              
|Fixed Income Securities                                                                                                                                                                                                                                                                                                                                                                                        
|                                                                                                                                                                                                                                                                                                                                                                                                               
|Total                                                                                                                                                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                                                                                                               
|Plan assets for nonU.S. plans consist primarily of marketable equity and fixed income securities, and contracts with insurance companies.                                                                                                                                                                                                                                                                     
|                                                                                                                                                                                                                                                                                                                                                                                                               
|The components of net pension costs are as follows:                                                                                                                                                                                                                                                                                                                                                            
|                                                                                                                                                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                                                                                                                                                               
|Service Cost                                                                                                                                                                                                                                                                                                                                                                                                   
|Interest Cost                                                                                                                                                                                                                                                                                                                                                                                                  
|Expected Return on Plan Assets                                                                                                                                                                                                                                                                                                                                                                                 
|Amortization of Unrecognized
   Transition Assets                                                                                                                                                                                                                                                                                                                                                              
|Prior Service Costs Recognized                                                                                                                                                                                                                                                                                                                                                                                 
|Recognized Net Actuarial Loss                                                                                                                                                                                                                                                                                                                                                                                  
|Other Pension Plans                                                                                                                                                                                                                                                                                                                                                                                            
|                                                                                                                                                                                                                                                                                                                                                                                                               
|Net Periodic Benefit Cost                                                                                                                                                                                                                                                                                                                                                                                      
|                                                                                                                                                                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                                                                                                                                                               
|Assumptions at the end of the year for the Companys defined benefit and postretirement benefit plan are as follows:                                                                                                                                                                                                                                                                                          



|                                                                                                    | U.S. Plans  |             |  | NonU.S. Plans |                      
|--------------------------------------------------------------------------------------------------- | ----------- | ----------- |  | -------------- | ---------------------
|                                                                                                    | 2003        | 2002        |  |                | 2003                 
|                                                                                                   
|Discount Rates
Rates of Increase in Compensation Levels                                             | 6.25%
4.25% | 6.75%
4.25% |  |                | 5.506.50%
3.304.50%
|                                                                                                   
|                                                                                                    |             |             |  |                |                      
|Assumptions used to determine net costs for the U.S. and nonU.S. defined benefit plans as follows:



|                                                                                      | U.S. Plans  | NonU.S. Plans
|------------------------------------------------------------------------------------- | ----------- | --------------
|                                                                                     
|                                                                                      | 2003        | 2002          
|Discount Rates                                                                        | 6.75%       | 7.25%         
|Longterm Rates of Return on
   an Assets
Rates of Increase in Compensation
   Levels | 8.75%
4.25% | 9.25%
4.75%   
|                                                                                     
|                                                                                      |             |               
|42                                                                                   



|Other PostRetirement Benefit Plans                                                                                                                                                                                                                                                                                                                    |                               |                               |             |                               |  |          | 
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | ----------------------------- | ----------------------------- | ----------- | ----------------------------- |  | -------- | 
|The funded status of the Companys other postretirement benefit plans were as follows:                                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                                                                                                       |                               |                               |             | POSTRETIREMENT
BENEFIT PLANS | 
|                                                                                                                                                                                                                                                                                                                                                       |                               |                               |            
|                                                                                                                                                                                                                                                                                                                                                       |                               |                               |             | 2003                          |  | 2002     | 
|                                                                                                                                                                                                                                                                                                                                                      
|Change in Benefit Obligation                                                                                                                                                                                                                                                                                                                           |                               |                               |             |                               |  |          | 
|Benefit Obligation at Beginning of Year                                                                                                                                                                                                                                                                                                                |                               |                               |             | 41,500                        |  | 33,600   | 
|Service Cost                                                                                                                                                                                                                                                                                                                                           |                               |                               |             | 1,800                         |  | 1,400    | 
|Interest Cost                                                                                                                                                                                                                                                                                                                                          |                               |                               |             | 2,800                         |  | 2,600    | 
|Actuarial Loss                                                                                                                                                                                                                                                                                                                                         |                               |                               |             | 5,700                         |  | 6,300    | 
|Benefits Paid                                                                                                                                                                                                                                                                                                                                          |                               |                               |             | (2,800)                       |  | (2,400)  | 
|                                                                                                                                                                                                                                                                                                                                                      
|Benefit Obligation at End of Year                                                                                                                                                                                                                                                                                                                      |                               |                               |             | 49,000                        |  | 41,500   | 
|                                                                                                                                                                                                                                                                                                                                                      
|Change in Plan Assets                                                                                                                                                                                                                                                                                                                                  |                               |                               |             |                               |  |          | 
|Fair Value at Beginning of Year                                                                                                                                                                                                                                                                                                                        |                               |                               |             | 19,300                        |  | 13,700   | 
|Actual Return on Plan Assets                                                                                                                                                                                                                                                                                                                           |                               |                               |             | 3,500                         |  | (3,000)  | 
|Employer Contribution                                                                                                                                                                                                                                                                                                                                  |                               |                               |             | 2,800                         |  | 11,000   | 
|Benefits Paid                                                                                                                                                                                                                                                                                                                                          |                               |                               |             | (2,800)                       |  | (2,400)  | 
|                                                                                                                                                                                                                                                                                                                                                      
|Fair Value at End of Year                                                                                                                                                                                                                                                                                                                              |                               |                               |             | 22,800                        |  | 19,300   | 
|                                                                                                                                                                                                                                                                                                                                                      
|Funded (Underfunded) Status of the Plan                                                                                                                                                                                                                                                                                                                |                               |                               |             | (26,200)                      |  | (22,200) | 
|Unrecognized Net Actuarial Loss                                                                                                                                                                                                                                                                                                                        |                               |                               |             | 19,500                        |  | 16,600   | 
|                                                                                                                                                                                                                                                                                                                                                       |                               |                               |             |                               |  |          | 
|Prepaid (Accrued) Benefit Cost                                                                                                                                                                                                                                                                                                                         |                               |                               |             | (6,700)                       |  | (5,600)  | 
|                                                                                                                                                                                                                                                                                                                                                      
|The following table provides amounts recognized in the balance sheets as of December 31:                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                                                                                                                       |                               | POSTRETIREMENT BENEFIT PLANS
|                                                                                                                                                                                                                                                                                                                                                       |                               | 2003                          | 2002       
|                                                                                                                                                                                                                                                                                                                                                      
|Prepaid Benefit Cost                                                                                                                                                                                                                                                                                                                                   |                               |                            |         
|Accrued Benefit Liability                                                                                                                                                                                                                                                                                                                              |                               | (6,700)                       | (5,600)    
|                                                                                                                                                                                                                                                                                                                                                      
|Net Amount Recognized                                                                                                                                                                                                                                                                                                                                  |                               | (6,700)                       | (5,600)    
|                                                                                                                                                                                                                                                                                                                                                      
|The U.S. postretirement plan asset allocation at December 31, 2003, and 2002 and target allocation for 2004 by asset category are as follows:                                                                                                                                                                                                        
|Asset Category                                                                                                                                                                                                                                                                                                                                         | Percentage of Plan Assets     | Target Allocation            
|                                                                                                                                                                                                                                                                                                                                                       | 2003                          | 2002                          | 2004       
|                                                                                                                                                                                                                                                                                                                                                      
|Equity Securities                                                                                                                                                                                                                                                                                                                                      | 93%                           | 92%                           | 8595%     
|Fixed Income Securities                                                                                                                                                                                                                                                                                                                                | 7%                            | 8%                            | 515%      
|                                                                                                                                                                                                                                                                                                                                                      
|Total                                                                                                                                                                                                                                                                                                                                                  | 100%                          | 100%                          | 100%       
|                                                                                                                                                                                                                                                                                                                                                      
|The components of net periodic postretirement benefit costs are as follows:                                                                                                                                                                                                                                                                          
|                                                                                                                                                                                                                                                                                                                                                       | PostRetirement Benefit Plans
|                                                                                                                                                                                                                                                                                                                                                       | 2003                          | 2002                          | 2001       
|                                                                                                                                                                                                                                                                                                                                                      
|Service Cost                                                                                                                                                                                                                                                                                                                                           | 1,800                         | 1,400                         | 1,000      
|Interest Cost                                                                                                                                                                                                                                                                                                                                          | 2,800                         | 2,600                         | 2,100      
|Expected Return on Plan Assets                                                                                                                                                                                                                                                                                                                         | (1,500)                       | (1,200)                       | (1,100)    
|Recognized Net Actuarial Loss/(Gain)                                                                                                                                                                                                                                                                                                                   | 800                           | 400                           | (200)      
|                                                                                                                                                                                                                                                                                                                                                      
|Net Periodic Benefit Cost                                                                                                                                                                                                                                                                                                                              | 3,900                         | 3,200                         | 1,800      
|                                                                                                                                                                                                                                                                                                                                                      
|Assumptions used to determine benefit obligations for the Companys postretirement benefit plans are as follows:                                                                                                                                                                                                                                     
|                                                                                                                                                                                                                                                                                                                                                       | PostRetirement Benefit Plans |                              
|                                                                                                                                                                                                                                                                                                                                                       | 2003                          | 2002                          |            
|                                                                                                                                                                                                                                                                                                                                                      
|Discount Rate
U.S. Plans
NonU.S. Plans                                                                                                                                                                                                                                                                                                                | 6.25%
6.25%                   | 6.75%
6.75%                   |            
|                                                                                                                                                                                                                                                                                                                                                      
|Assumptions used to determine net costs for the Companys postretirement benefit plans are as follows:                                                                                                                                                                                                                                               
|                                                                                                                                                                                                                                                                                                                                                       | PostRetirement Benefit Plans
|                                                                                                                                                                                                                                                                                                                                                       | 2003                          | 2002                          | 2001       
|                                                                                                                                                                                                                                                                                                                                                      
|Discount RateU.S. Plans
NonU.S. Plans                                                                                                                                                                                                                                                                                                                 | 6.75%
6.75%                   | 7.25%
7.25%                   | 7.75%
7.75%
|Longterm Rates of Return on Plan AssetsU.S. Plans                                                                                                                                                                                                                                                                                                     | 8.75%                         | 9.25%                         | 9.00%      
|                                                                                                                                                                                                                                                                                                                                                      
|The U.S. postretirement benefit plans expected longterm rate of return on plan assets of 8.75% is based on the aggregate historical returns of the investments that comprise the plan portfolio. The investment strategy of the U.S. plan is to achieve an asset allocation balance that achieves an average 8.75% annual return for the longterm.
|                                                                                                                                                                                                                                                                                                                                                      
|43                                                                                                                                                                                                                                                                                                                                                    



|The Company expects to contribute $2,700 to the U.S. plan during 2004 to cover expected retiree benefit claims.
A 9% annual rate of increase in the per capita cost of covered postretirement benefits was assumed for 2004.  The rate was assumed to decrease gradually to 5% for 2008 and remain at that level thereafter.                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|Increasing or decreasing the health care trend rates by one percentage point in each year would have the following effect:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|Effect on Postretirement Benefit Obligation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|Effect on Total of Service and Interest Cost Components                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|Defined Contribution Plans                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|In addition to the defined benefit plans and postretirement benefit plans described above, the Company also sponsors defined contribution plans within the U.S. and at certain international associated companies. The plans cover full time employees and provide for contributions between 3% and 7% of salary. The Companys expense for the defined contribution plans totaled $6,289, $6,010 and $5,242 in 2003, 2002 and 2001, respectively.                                                                                                                                                                                                                                                                                                                                         
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|Additionally, on January 1, 2002, the Company formed an Employee Stock Ownership Plan (ESOP) within the defined contribution plan for U.S. based employees. The primary purpose of the ESOP is to acquire and hold Wrigley shares credited to Wrigley Savings Plan participants accounts as a result of employee contributions and Company matching program contributions. Company matching program contributions may be in the form of cash, treasury shares or authorized, unissued shares. The ESOP is a nonleveraged plan and all shares held are allocated to plan participants. Dividends on Company shares held by the ESOP are charged to retained earnings. The number of shares held by the ESOP at December 31, 2003 and December 31, 2002 were 4,898, and 5,419, respectively.
|**SEGMENT INFORMATION**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|Management organizes the Companys chewing gum and other confectionery business based on geographic regions.Information by geographic region at December 31, 2003, 2002, and 2001 and for the years then ended is as follows:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|Net Sales                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|Americas, principally U.S.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|EMEAI, principally Europe                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|Asia                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|Pacific                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|All Other                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|Net Sales                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|"All Other" net sales consist primary of sales of gumbase and sales for Wrigley Healthcare.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|Operating Income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|Americas, principally U.S.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|EMEAI, principally Europe                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|Asia                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|Pacific                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|All Other                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|Total Operating Income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|"All Other" operating income includes corporate expenses such as costs related to research and development, information systems and certain administrative functions and operating results for Wrigley Healthcare. In 2002, "All Other" operating income also includes certain costs connected with the exploration of a business combination with Hershey Foods Corporation.                                                                                                                                                                                                                                                                                                                                                                                                               
|Assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|Americas, principally U.S.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|EMEAI, principally Europe                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|Asia                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|Pacific                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|All Other                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|Assets Used in Operating Activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|Corporate                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|Total Assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|44                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          





|Assets are categorized based upon the geographic segment where they reside. Assets in "Corporate" consist principally of shortterm investments and marketable equity securities which are held by the corporate office, we well as certain fixed assets.       
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                                                                                                                                                
|Depreciation Expense                                                                                                                                                                                                                                            
|                                                                                                                                                                                                                                                                
|Americas, principally U.S.                                                                                                                                                                                                                                      
|EMEAI, principally Europe                                                                                                                                                                                                                                       
|Asia                                                                                                                                                                                                                                                            
|Pacific                                                                                                                                                                                                                                                         
|All Other                                                                                                                                                                                                                                                       
|                                                                                                                                                                                                                                                                
|Depreciation Expense Related to Operating Activities                                                                                                                                                                                                            
|Corporate                                                                                                                                                                                                                                                       
|                                                                                                                                                                                                                                                                
|Total Depreciation Expense                                                                                                                                                                                                                                      
|                                                                                                                                                                                                                                                                
|Depreciation expense is categorized consistently with the geographic region where the asset resides.                                                                                                                                                            
|Capital Expenditures                                                                                                                                                                                                                                            
|                                                                                                                                                                                                                                                                
|Americas, principally U.S.                                                                                                                                                                                                                                      
|EMEAI, principally Europe                                                                                                                                                                                                                                       
|Asia                                                                                                                                                                                                                                                            
|Pacific                                                                                                                                                                                                                                                         
|All Other                                                                                                                                                                                                                                                       
|                                                                                                                                                                                                                                                                
|Capital Expenditures for Operating Activities                                                                                                                                                                                                                   
|Corporate                                                                                                                                                                                                                                                       
|                                                                                                                                                                                                                                                                
|Gross Capital Expenditures                                                                                                                                                                                                                                      
|Intersegment Asset Transfers                                                                                                                                                                                                                                    
|                                                                                                                                                                                                                                                                
|Net Capital Expenditures                                                                                                                                                                                                                                        
|                                                                                                                                                                                                                                                                
|Capital expenditures are categorized based upon the geographic segment where the expenditure occurred. Intersegment asset transfers are primarily due to sales between production facilities worldwide. Asset sales are typically transferred at net book value.
|                                                                                                                                                                                                                                                                
|45                                                                                                                                                                                                                                                              



|The Wrigley Company markets chewing gum, bubble gum, and confectionery products around the world.                                 
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|DOMESTIC BRANDS                                                                                                                   
|                                                                                                                                  
|                                                                                                                                  
|Big League Chew                                                                                                                   
|Big Red                                                                                                                           
|Doublemint                                                                                                                        
|Dragon Fire                                                                                                                       
|Eclipse                                                                                                                           
|Eclipse Flash                                                                                                                     
|Eclipse Mints                                                                                                                     
|Everest                                                                                                                           
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|INTERNATIONAL BRANDS                                                                                                              
|                                                                                                                                  
|                                                                                                                                  
|Airwaves                                                                                                                          
|Alpine                                                                                                                            
|Arrowmint                                                                                                                         
|Big Boy                                                                                                                           
|Big G                                                                                                                             
|Big Red                                                                                                                           
|Cool Air                                                                                                                          
|Cool Crunch                                                                                                                       
|Doublemint                                                                                                                        
|Dulce 16                                                                                                                          
|Eclipse                                                                                                                           
|Excel                                                                                                                             
|                                                                                                                                  
|The brands listed above are trademarks either owned by the Wm. Wrigley Jr. Company or used under license from the trademark owner.
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|(inside back cover)