. previously , the trust preferred securities were reported as a separate liability on the company 2019s consolidated balance sheets as 201ccompany obligated mandatorily redeemable preferred securities of subsidiary trusts holding solely junior subordinated debentures 201d . at december 31 , 2003 and 2002 , the impact of deconsolidation was to increase long-term debt and decrease the trust preferred securities by $ 952 and $ 1.5 billion , respectively