It sure did. The milky color is due to water in the oil. Be glad you changed it when you did. Prolonged use in this condition would have cost a lot more than a fluid change.
[FONT=Trebuchet MS]01' Jeep TJ (Jeep #5)
3.5 RE Custom SuperFlex, Raingler, Kilby, Currie, Banks, Borla, American Racing, Custom mods, Always more in the works.