Ferraro 500 – 2014 Archive
The Ferraro 500 is a reorganization of the Fortune 500 by the size of the companies’ Unrecognized Tax Benefit reserve (“Tax Reserve”). Under the accounting requirements of FIN 48, a company must reserve, or in other words “hold back,” earnings for tax positions for which the company thinks the IRS has a greater likelihood of prevailing than the company. This Tax Reserve amount can be substantial, especially when compared to the annual revenue generated by the company. The issues that make up a company’s Tax Reserve are generally disclosed to the IRS in a concise description on Schedule UTP. However, the details of the issues are contained in the tax accrual work papers of the company. The details in the tax accrual work papers often make for valuable tax whistleblower submissions.
2014 Ferraro 500 Rank | Company | 2014 Fortune 500 Rank | 2013 Revenues ($ billions) |
2013 Profits ($ millions) |
2013 Tax Reserves ($ millions) |
2012 Tax Reserves ($ millions) |
% Change |
---|---|---|---|---|---|---|---|
1 (+1) | Microsoft | 34 | 77.8 | 21,863.0 | 8,648.0 | 7,202.0 | 20% |
2 (-1) | Exxon Mobil | 2 | 407.7 | 32,580.0 | 7,838.0 | 7,663.0 | 2% |
3 (+1) | General Electric | 9 | 146.2 | 13,057.0 | 6,955.0 | 6,579.0 | 6% |
4 (+1) | Pfizer | 51 | 53.8 | 22,003.0 | 6,087.0 | 6,315.0 | -4% |
5 (-2) | J.P. Morgan Chase & Co. | 18 | 106.3 | 17,923.0 | 5,535.0 | 7,158.0 | -23% |
6 (0) | Wells Fargo | 29 | 88.1 | 21,878.0 | 5,528.0 | 6,069.0 | -9% |
7 (0) | AT&T | 11 | 128.8 | 18,249.0 | 5,261.0 | 5,770.0 | -9% |
8 (+3) | Entergy Corporation | 242 | 11.4 | 712.0 | 4,593.2 | 4,170.4 | 10% |
9 (-1) | International Business Machines | 23 | 99.8 | 16,483.0 | 4,458.0 | 5,672.0 | -21% |
10 (0) | American International Group | 40 | 68.7 | 9,085.0 | 4,340.0 | 4,385.0 | -1% |
11 (+1) | Morgan Stanley | 83 | 36.8 | 2,932.0 | 4,096.0 | 4,065.0 | 1% |
12 (+4) | Chevron | 3 | 220.4 | 21,423.0 | 3,848.0 | 3,071.0 | 25% |
13 (+1) | Oracle Corporation | 82 | 37.2 | 10,925.0 | 3,601.0 | 3,276.0 | 10% |
14 (-5) | Merck & Co., Inc. | 65 | 44 | 4,404.0 | 3,503.0 | 4,425.0 | -21% |
15 (+6) | Hewlett-Packard | 17 | 112.3 | 5,113.0 | 3,484.0 | 2,573.0 | 35% |
16 (-3) | Bank of America | 21 | 101.7 | 11,431.0 | 3,068.0 | 3,677.0 | -17% |
17 (0) | Johnson & Johnson | 39 | 71.3 | 13,831.0 | 2,729.0 | 3,054.0 | -11% |
18 (+9) | Apple | 5 | 170.9 | 37,037.0 | 2,714.0 | 2,062.0 | 32% |
19 (+9) | 46 | 60.6 | 12,920.0 | 2,571.0 | 1,933.0 | 33% | |
20 (0) | General Motors | 7 | 155.4 | 5,346.0 | 2,530.0 | 2,745.0 | -8% |
21 (+5) | Time Warner Inc. | 102 | 29.8 | 3,691.0 | 2,186.0 | 2,222.0 | -2% |
22 (+19) | Exelon Corporation | 119 | 24.9 | 1,719.0 | 2,175.0 | 1,024.0 | 112% |
23 (-5) | Verizon Communications | 16 | 120.6 | 11,497.0 | 2,130.0 | 2,943.0 | -28% |
24 (0) | Abbott Laboratories | 136 | 21.8 | 2,576.0 | 1,965.0 | 2,257.0 | -13% |
25 (-6) | Cisco Systems, Inc. | 55 | 48.6 | 9,983.0 | 1,775.0 | 2,819.0 | -37% |
26 (-1) | Goldman Sachs Group, Inc. | 74 | 40.9 | 8,040.0 | 1,765.0 | 2,237.0 | -21% |
27 (+4) | Comcast | 44 | 64.7 | 6,816.0 | 1,701.0 | 1,573.0 | 8% |
28 (+2) | Procter & Gamble | 31 | 84.2 | 11,312.0 | 1,600.0 | 1,773.0 | -10% |
29 (-14) | Citigroup | 26 | 93.6 | 13,673.0 | 1,574.0 | 3,109.0 | -49% |
30 (+2) | Ford Motor | 8 | 146.9 | 7,155.0 | 1,564.0 | 1,547.0 | 1% |
31 (+5) | Amgen Inc. | 154 | 18.7 | 5,081.0 | 1,415.0 | 1,200.0 | 18% |
32 (+1) | Johnson Controls, Inc. | 68 | 42.7 | 1,178.0 | 1,345.0 | 1,465.0 | -8% |
33 (+134) | Facebook, Inc. | 341 | 7.9 | 1,500.0 | 1,316.0 | 164.0 | 702% |
34 (-11) | PepsiCo | 43 | 66.4 | 6,740.0 | 1,268.0 | 2,425.0 | -48% |
35 (+3) | United Technologies | 45 | 62.9 | 5,721.0 | 1,223.0 | 1,073.0 | 14% |
36 (+1) | Mondelez International, Inc. | 89 | 35.3 | 3,915.0 | 1,189.0 | 1,183.0 | 1% |
37 (+2) | Boeing | 30 | 86.6 | 4,585.0 | 1,141.0 | 1,055.0 | 8% |
38 (-4) | Eli Lilly and Company | 129 | 23.1 | 4,685.0 | 1,136.4 | 1,433.8 | -21% |
39 (+16) | Walt Disney Company | 61 | 45 | 6,136.0 | 1,120.0 | 668.0 | 68% |
40 (0) | Boston Scientific Corporation | 367 | 7.1 | -121.0 | 1,069.0 | 1,052.0 | 2% |
41 (+2) | Medtronic, Inc. | 173 | 16.6 | 3,467.0 | 1,068.0 | 917.0 | 16% |
42 (+25) | Express Scripts Holding | 20 | 104.6 | 1,845.0 | 1,061.5 | 500.8 | 112% |
43 (-8) | American Express Company | 90 | 34.9 | 5,359.0 | 1,044.0 | 1,230.0 | -15% |
44 (+10) | Visa Inc. | 238 | 11.8 | 4,980.0 | 1,023.0 | 679.0 | 51% |
45 (+42) | Valero Energy | 10 | 137.8 | 2,720.0 | 950.0 | 341.0 | 179% |
46 (+2) | Du Pont de Nemours and Company | 86 | 36.5 | 4,848.0 | 901.0 | 805.0 | 12% |
47 (+2) | Bristol-Myers Squibb Company | 176 | 16.4 | 2,563.0 | 873.0 | 733.0 | 19% |
48 (+40) | Bank of New York Mellon Corporation | 181 | 15.7 | 2,111.0 | 866.0 | 340.0 | 155% |
49 (-2) | Edison International | 222 | 12.6 | 915.0 | 815.0 | 812.0 | 0% |
50 (-8) | Home Depot | 33 | 78.8 | 5,385.0 | 790.0 | 638.0 | 24% |
51 (+2) | MetLife | 42 | 68.2 | 3,368.0 | 774.0 | 708.0 | 9% |
52 (-6) | Wal-Mart Stores | 1 | 476.3 | 16,022.0 | 763.0 | 818.0 | -7% |
53 (-1) | Caterpillar | 49 | 55.7 | 3,789.0 | 759.0 | 715.0 | 6% |
54 (-3) | Honeywell International Inc. | 77 | 39.1 | 3,924.0 | 729.0 | 722.0 | 1% |
55 (-10) | Berkshire Hathaway | 4 | 182.2 | 19,476.0 | 692.0 | 866.0 | -20% |
56 (+3) | Danaher Corporation | 149 | 19.1 | 2,695.0 | 689.0 | 613.2 | 12% |
57 (+4) | PG&E Corporation | 183 | 15.6 | 814.0 | 666.0 | 581.0 | 15% |
58 (+7) | 3M Company | 101 | 30.9 | 4,659.0 | 659.0 | 528.0 | 25% |
59 (-15) | ConocoPhillips | 47 | 59.4 | 9,156.0 | 655.0 | 872.0 | -25% |
60 (-4) | Cardinal Health | 22 | 101.1 | 334.0 | 650.0 | 654.0 | -1% |
61 (+2) | McKesson | 15 | 122.5 | 1,338.0 | 647.0 | 560.0 | 16% |
62 (+36) | BB&T Corporation | 269 | 10.4 | 1,679.0 | 644.0 | 297.0 | 117% |
62 (-2) | Chesapeake Energy Corporation | 163 | 17.5 | 724.0 | 644.0 | 599.0 | 8% |
64 (-2) | Discover Financial Services | 296 | 9.4 | 2,470.0 | 629.0 | 573.0 | 10% |
65 (+46) | DIRECTV | 98 | 31.8 | 2,859.0 | 589.0 | 278.0 | 112% |
66 (0) | Hess Corporation | 84 | 36.7 | 5,052.0 | 570.0 | 523.0 | 9% |
67 (+6) | Agilent Technologies, Inc. | 384 | 6.8 | 724.0 | 516.0 | 464.0 | 11% |
68 (-11) | Fannie Mae | 13 | 125.7 | 83,963.0 | 514.0 | 648.0 | -21% |
69 (-1) | McDonald’s Corporation | 106 | 28.1 | 5,586.0 | 512.7 | 482.4 | 6% |
70 (+73) | PVH Corp. | 330 | 8.2 | 144.0 | 485.7 | 198.0 | 145% |
71 (+9) | Public Service Enterprise Group Incorporated | 284 | 10 | 1,243.0 | 478.0 | 402.0 | 19% |
72 (+2) | Kimberly-Clark Corporation | 139 | 21.2 | 2,142.0 | 473.0 | 435.0 | 9% |
73 (+6) | BlackRock, Inc. | 280 | 10.2 | 2,932.0 | 467.0 | 404.0 | 16% |
73 (+2) | Northwestern Mutual Life Insurance Company,Inc. | 110 | 27 | 802.0 | 467.0 | 434.0 | 8% |
75 (+1) | HCA Holdings, Inc. | 79 | 38 | 1,556.0 | 462.0 | 426.0 | 8% |
76 (+33) | Nike, Inc. | 115 | 25.8 | 2,485.0 | 447.0 | 285.0 | 57% |
77 (N/A) | Hilton Worldwide Holdings Inc. | 289 | 9.7 | 415.0 | 435.0 | NR | N/A |
78 (+280) | Energy Transfer Equity, L.P. | 54 | 48.8 | 196.0 | 429.0 | 27.0 | 1489% |
79 (+21) | Amazon.com | 35 | 74.5 | 274.0 | 407.0 | 294.0 | 38% |
80 (+11) | Broadcom Corporation | 328 | 8.3 | 424.0 | 403.0 | 331.0 | 22% |
81 (-12) | AES Corporation | 174 | 16.6 | 114.0 | 392.0 | 481.0 | -19% |
82 (0) | Best Buy Co., Inc. | 60 | 45.2 | 532.0 | 370.0 | 383.0 | -3% |
83 (+5) | eBay Inc. | 180 | 16 | 2,856.0 | 334.0 | 340.0 | -2% |
84 (+13) | Kroger | 24 | 98.4 | 1,519.0 | 325.0 | 299.0 | 9% |
85 (+36) | MasterCard Incorporated | 326 | 8.3 | 3,116.0 | 320.0 | 257.0 | 25% |
85 (-4) | Newmont Mining Corporation | 327 | 8.3 | -2,462.0 | 320.0 | 399.0 | -20% |
87 (+6) | St. Jude Medical, Inc. | 462 | 5.5 | 723.0 | 315.0 | 314.0 | 0% |
88 (-3) | Liberty Mutual Holding Company Inc. | 76 | 39.1 | 1,743.0 | 298.0 | 356.0 | -16% |
89 (+104) | SunTrust Banks, Inc. | 314 | 8.6 | 1,344.0 | 291.0 | 137.0 | 112% |
90 (-20) | Baxter International Inc. | 189 | 15.3 | 2,012.0 | 287.0 | 477.0 | -40% |
91 (+11) | Textron Inc. | 228 | 12.1 | 498.0 | 284.0 | 290.0 | -2% |
92 (+22) | Baker Hughes Incorporated | 132 | 22.4 | 1,096.0 | 282.0 | 267.0 | 6% |
92 (-15) | Symantec Corporation | 378 | 6.9 | 765.0 | 282.0 | 412.0 | -32% |
94 (+28) | Staples, Inc. | 127 | 23.3 | 620.0 | 281.0 | 254.7 | 10% |
95 (+32) | Reinsurance Group of America, Incorporated | 274 | 10.3 | 419.0 | 279.8 | 245.6 | 14% |
96 (+11) | First Data Corporation | 261 | 10.8 | -869.0 | 279.5 | 286.2 | -2% |
97 (+27) | NCR Corporation | 423 | 6.1 | 443.0 | 277.0 | 250.0 | 11% |
98 (+18) | Deere & Company | 80 | 37.8 | 3,537.0 | 272.0 | 265.0 | 3% |
99 (+37) | Stanley Black & Decker, Inc. | 255 | 11 | 490.0 | 269.5 | 207.2 | 30% |
100 (+25) | Illinois Tool Works Inc. | 171 | 16.9 | 1,679.0 | 268.0 | 249.0 | 8% |
101 (+39) | Xerox Corporation | 137 | 21.8 | 1,159.0 | 267.0 | 201.0 | 33% |
102 (-24) | Dow Chemical | 48 | 57.1 | 4,787.0 | 266.0 | 409.0 | -35% |
102 (+10) | EMC Corporation | 128 | 23.2 | 2,889.0 | 266.0 | 269.9 | -1% |
104 (-9) | U.S. Bancorp | 140 | 21.1 | 5,836.0 | 264.0 | 302.0 | -13% |
105 (+116) | Ally Financial Inc. | 273 | 10.3 | 361.0 | 262.0 | 102.0 | 157% |
106 (+42) | Starwood Hotels & Resorts Worldwide, Inc. | 424 | 6.1 | 635.0 | 261.0 | 191.0 | 37% |
107 (+16) | Domtar Corporation | 469 | 5.4 | 91.0 | 259.0 | 254.0 | 2% |
107 (+13) | Kraft Foods Group, Inc. | 156 | 18.2 | 2,715.0 | 259.0 | 258.0 | 0% |
109 (+20) | Massachusetts Mutual Life Insurance Company | 96 | 33.4 | 193.0 | 256.0 | 235.0 | 9% |
110 (+18) | Computer Sciences Corporation | 185 | 15.4 | 961.0 | 253.0 | 241.0 | 5% |
111 (N/A) | AbbVie Inc. | 152 | 18.8 | 4,128.0 | 247.0 | NR | N/A |
111 (+26) | Celanese Corporation | 399 | 6.5 | 1,101.0 | 247.0 | 207.0 | 19% |
113(+20) | Devon Energy Corporation | 270 | 10.4 | -20.0 | 243.0 | 216.0 | 13% |
113 (-19) | Yum! Brands, Inc. | 216 | 13.1 | 1,091.0 | 243.0 | 309.0 | -21% |
115 (+62) | Northrop Grumman Corporation | 122 | 24.7 | 1,952.0 | 241.0 | 156.0 | 54% |
116 (-6) | Western Digital Corporation | 187 | 15.4 | 980.0 | 240.0 | 280.0 | -14% |
117 (+58) | Gilead Sciences, Inc. | 250 | 11.2 | 3,075.0 | 236.5 | 157.0 | 51% |
118 (-14) | United Parcel Service | 50 | 55.4 | 4,372.0 | 235.0 | 289.0 | -19% |
119 (-90) | Energy Future Holdings Corp. | 438 | 5.9 | -2,587.0 | 231.0 | 1,788.0 | -87% |
120 (-25) | Coca-Cola Company | 58 | 46.9 | 8,584.0 | 230.0 | 302.0 | -24% |
120 (-56) | Duke Energy Corporation | 123 | 24.6 | 2,665.0 | 230.0 | 540.0 | -57% |
122 (-5) | Altria Group, Inc. | 161 | 17.6 | 4,535.0 | 227.0 | 262.0 | -13% |
123 (+84) | Jabil Circuit, Inc. | 155 | 18.3 | 372.0 | 222.2 | 116.7 | 90% |
124 (-23) | Dominion Resources, Inc. | 212 | 13.4 | 1,698.0 | 222.0 | 293.0 | -24% |
125 (+5) | Sealed Air Corporation | 345 | 7.7 | 124.0 | 221.9 | 233.2 | -5% |
126 (+112) | Qualcomm Incorporated | 120 | 24.9 | 6,853.0 | 221.0 | 86.0 | 157% |
127 (+33) | Celgene Corporation | 401 | 6.5 | 1,450.0 | 219.2 | 174.7 | 25% |
127 (+18) | Interpublic Group of Companies, Inc. | 369 | 7.1 | 268.0 | 219.2 | 194.6 | 13% |
129 (+2) | General Mills, Inc. | 159 | 17.8 | 1,855.0 | 216.2 | 231.3 | -7% |
130 (+78) | Ameriprise Financial, Inc. | 249 | 11.2 | 1,334.0 | 209.0 | 116.0 | 80% |
130 (-31) | Halliburton Company | 103 | 29.4 | 2,125.0 | 209.0 | 296.0 | -29% |
130 (-17) | Kinder Morgan, Inc. | 206 | 14.1 | 1,193.0 | 209.0 | 269.0 | -22% |
133 (+11) | Walgreen Co. | 37 | 72.2 | 2,450.0 | 208.0 | 197.0 | 6% |
134 (+15) | Intel Corporation | 53 | 52.7 | 9,620.0 | 207.0 | 189.0 | 10% |
135 (-3) | Stryker Corporation | 306 | 9 | 1,006.0 | 204.0 | 227.0 | -10% |
136 (+38) | Phillips 66 | 6 | 161.2 | 3,726.0 | 202.0 | 158.0 | 28% |
137 (-33) | Twenty-First Century Fox, Inc. (formerly known as News Corp.) | 85 | 36.6 | 7,097.0 | 200.0 | 289.0 | -31% |
138 (-3) | Colgate-Palmolive Company | 167 | 17.4 | 2,241.0 | 199.0 | 212.0 | -6% |
139 (+15) | Applied Materials, Inc. | 350 | 7.5 | 256.0 | 194.0 | 181.0 | 7% |
140 (+6) | HD Supply Holdings, Inc. | 317 | 8.6 | -218.0 | 192.0 | 193.0 | -1% |
141 (+27) | NetApp, Inc. | 411 | 6.3 | 505.0 | 189.6 | 161.0 | 18% |
142 (+21) | Macy’s, Inc. | 107 | 27.9 | 1,486.0 | 189.0 | 170.0 | 11% |
143 (+13) | SanDisk Corporation | 422 | 6.2 | 1,043.0 | 185.3 | 179.5 | 3% |
144 (N/A) | Discovery Communications, Inc. | 460 | 5.5 | 1,075.0 | 185.0 | NR | N/A |
145 (-12) | Target | 36 | 72.6 | 1,971.0 | 183.0 | 216.0 | -15% |
146 (+27) | TRW Automotive Holdings Corp. | 165 | 17.4 | 970.0 | 176.0 | 160.0 | 10% |
147 (-33) | American Electric Power Company, Inc. | 186 | 15.4 | 1,480.0 | 175.0 | 267.0 | -34% |
147 (+18) | Tyson Foods, Inc. | 93 | 34.5 | 778.0 | 175.0 | 168.0 | 4% |
149 (+249) | Leucadia National Corporation | 252 | 11.1 | 369.0 | 173.7 | 15.8 | 999% |
150 (N/A) | PulteGroup, Inc. | 446 | 5.7 | 2,620.0 | 173.3 | NR | N/A |
151 (+43) | Mylan Inc. | 377 | 6.9 | 624.0 | 172.7 | 132.3 | 31% |
152 (+37) | Cummins Inc. | 168 | 17.3 | 1,483.0 | 169.0 | 145.0 | 17% |
153 (-11) | Quest Diagnostics Incorporated | 364 | 7.2 | 849.0 | 168.0 | 199.4 | -16% |
154 (-2) | L Brands, Inc. | 263 | 10.7 | 903.0 | 167.0 | 185.0 | -10% |
154 (-48) | Monsanto Company | 197 | 14.9 | 2,482.0 | 167.0 | 288.0 | -42% |
156 (-114) | International Paper Company | 105 | 29.1 | 1,395.0 | 161.0 | 972.0 | -83% |
157 (+31) | Liberty Interactive Corporation | 246 | 11.3 | 501.0 | 160.0 | 146.0 | 10% |
158 (+37) | L-3 Communications Holdings, Inc. | 221 | 12.6 | 778.0 | 159.0 | 130.0 | 22% |
158 (-21) | Viacom Inc. | 210 | 13.8 | 2,395.0 | 159.0 | 207.0 | -23% |
160 (+69) | State Street Corporation | 275 | 10.3 | 2,136.0 | 158.0 | 95.0 | 66% |
161 (+7) | Motorola Solutions, Inc. | 312 | 8.7 | 1,099.0 | 156.0 | 161.0 | -3% |
162 (+6) | Owens Corning | 475 | 5.3 | 204.0 | 155.0 | 161.0 | -4% |
163 (-46) | Capital One Financial Corporation | 124 | 24.2 | 4,159.0 | 153.0 | 262.0 | -42% |
164 (-78) | DISH Network Corporation | 204 | 14.4 | 808.0 | 151.4 | 346.7 | -56% |
165 (+3) | Sears Holdings Corporation | 87 | 36.2 | -1,365.0 | 150.0 | 161.0 | -7% |
166 (N/A) | Coach, Inc. | 489 | 5.1 | 1,034.0 | 148.8 | NR | N/A |
167 (+151) | Anadarko Petroleum Corporation | 202 | 14.6 | 801.0 | 147.0 | 46.0 | 220% |
168 (+57) | Marathon Oil Corporation | 188 | 15.3 | 1,753.0 | 146.0 | 98.0 | 49% |
169 (+31) | Peabody Energy Corporation | 365 | 7.2 | -525.0 | 143.9 | 122.8 | 17% |
170 (-80) | Caesars Entertainment Corporation | 318 | 8.6 | -2,948.0 | 142.3 | 333.4 | -57% |
171 (-10) | CBS Corporation | 182 | 15.7 | 1,879.0 | 140.0 | 173.0 | -19% |
172 (-4) | Philip Morris International Inc. | 100 | 31.2 | 8,576.0 | 138.0 | 161.0 | -14% |
173 (-23) | Omnicom Group Inc. | 201 | 14.6 | 991.0 | 137.8 | 188.6 | -27% |
174 (+30) | Safeway Inc. | 67 | 43 | 3,508.0 | 137.5 | 119.4 | 15% |
175 (+26) | Avery Dennison Corporation | 398 | 6.5 | 216.0 | 137.2 | 121.6 | 13% |
176 (+5) | V.F. Corporation | 241 | 11.4 | 1,210.0 | 136.0 | 152.1 | -11% |
177 (-11) | Thermo Fisher Scientific Inc. | 215 | 13.1 | 1,273.0 | 134.2 | 164.8 | -19% |
178 (0) | Becton, Dickinson and Company | 336 | 8.1 | 1,293.0 | 134.0 | 155.4 | -14% |
179 (+20) | Ashland Inc. | 344 | 7.8 | 683.0 | 133.0 | 124.0 | 7% |
180 (+31) | Icahn Enterprises L.P. | 143 | 21 | 1,025.0 | 132.0 | 113.0 | 17% |
180 (+2) | Ralph Lauren Corporation | 374 | 6.9 | 750.0 | 132.0 | 150.2 | -12% |
182 (-18) | Freeport-McMoRan Copper & Gold Inc. | 142 | 21 | 2,658.0 | 131.0 | 169.0 | -22% |
183 (+9) | CC Media Holdings, Inc. | 419 | 6.2 | -607.0 | 129.4 | 138.4 | -7% |
184 (+21) | Marsh & McLennan Companies, Inc. | 226 | 12.3 | 1,357.0 | 128.0 | 117.0 | 9% |
185 (-10) | Emerson Electric Co. | 121 | 24.7 | 2,004.0 | 127.0 | 157.0 | -19% |
185 (+12) | National Oilwell Varco, Inc. | 131 | 22.9 | 2,327.0 | 127.0 | 128.0 | -1% |
185 (+55) | United States Steel Corporation | 166 | 17.4 | -1,672.0 | 127.0 | 85.0 | 49% |
188 (+28) | Kohl’s Corporation | 151 | 19 | 889.0 | 125.0 | 108.0 | 16% |
189 (+24) | Air Products & Chemicals, Inc. | 276 | 10.2 | 994.0 | 124.3 | 110.8 | 12% |
190 (-3) | Avnet, Inc. | 117 | 25.4 | 450.0 | 123.9 | 146.6 | -15% |
191 (+40) | AGCO Corporation | 262 | 10.8 | 597.0 | 122.2 | 94.5 | 29% |
192 (-1) | Praxair, Inc. | 233 | 11.9 | 1,755.0 | 121.0 | 142.0 | -15% |
193 (+31) | Sempra Energy | 267 | 10.6 | 1,001.0 | 120.0 | 99.0 | 21% |
194 (+2) | Raytheon Company | 126 | 23.7 | 1,996.0 | 118.0 | 129.0 | -9% |
195 (+25) | Western Union Company | 458 | 5.5 | 798.0 | 117.5 | 103.2 | 14% |
196 (+54) | CVS Caremark | 12 | 126.8 | 4,592.0 | 117.0 | 80.0 | 46% |
197 (-51) | NRG Energy, Inc. | 244 | 11.3 | -386.0 | 115.0 | 193.0 | -40% |
197 (+21) | Tenneco Inc. | 338 | 8 | 183.0 | 115.0 | 107.0 | 7% |
199 (N/A) | Realogy Holdings Corp. | 476 | 5.3 | 438.0 | 113.0 | NR | N/A |
199 (-42) | Whirlpool Corporation | 153 | 18.8 | 827.0 | 113.0 | 178.0 | -37% |
201 (-93) | Mattel, Inc. | 403 | 6.5 | 904.0 | 111.4 | 285.6 | -61% |
202 (-4) | Biogen Idec Inc. | 375 | 6.9 | 1,862.0 | 110.1 | 125.9 | -13% |
203 (-44) | PNC Financial Services Group, Inc. | 172 | 16.9 | 4,220.0 | 110.0 | 176.0 | -38% |
204 (+19) | Franklin Resources, Inc. | 337 | 8 | 2,150.0 | 109.5 | 101.3 | 8% |
205 (-2) | Principal Financial Group, Inc. | 298 | 9.3 | 913.0 | 108.9 | 119.5 | -9% |
206 (+63) | Sysco Corporation | 63 | 44.4 | 992.0 | 108.3 | 68.2 | 59% |
207 (+59) | Time Warner Cable Inc. | 134 | 22.1 | 1,954.0 | 108.0 | 73.0 | 48% |
208 (+6) | Parker-Hannifin Corporation | 217 | 13 | 948.0 | 107.4 | 109.7 | -2% |
209 (-29) | MGM Resorts International | 287 | 9.8 | -157.0 | 106.2 | 153.2 | -31% |
210 (+94) | Hershey Company | 366 | 7.1 | 821.0 | 104.0 | 51.5 | 102% |
211 (-32) | CF Industries Holdings, Inc. | 463 | 5.5 | 1,465.0 | 103.7 | 154.4 | -33% |
212 (+10) | Newell Rubbermaid Inc. | 436 | 5.9 | 475.0 | 103.3 | 101.5 | 2% |
213 (-23) | WellPoint | 38 | 71.5 | 2,490.0 | 103.2 | 143.5 | -28% |
214 (-12) | Cameron International Corporation | 286 | 9.8 | 699.0 | 102.6 | 121.0 | -15% |
215 (+1) | Dana Holding Corporation | 385 | 6.8 | 244.0 | 101.0 | 108.0 | -6% |
216 (+94) | ConAgra Foods, Inc. | 184 | 15.5 | 774.0 | 100.0 | 48.7 | 105% |
216 (+11) | Owens-Illinois, Inc. | 372 | 7 | 184.0 | 100.0 | 97.0 | 3% |
218 (-147) | Mosaic Company | 283 | 10 | 1,889.0 | 99.2 | 476.9 | -79% |
219 (+13) | Ecolab Inc. | 213 | 13.3 | 968.0 | 98.7 | 93.1 | 6% |
220 (+13) | Cognizant Technology Solutions Corporation | 308 | 8.8 | 1,229.0 | 96.6 | 92.7 | 4% |
221 (+67) | Huntsman Corporation | 253 | 11.1 | 128.0 | 96.0 | 57.0 | 68% |
222 (+6) | CBRE Group, Inc. | 363 | 7.2 | 317.0 | 95.7 | 95.6 | 0% |
223 (-104) | MeadWestvaco Corporation | 457 | 5.5 | 839.0 | 95.0 | 259.0 | -63% |
224 (-2) | Bed Bath & Beyond Inc. | 258 | 10.9 | 1,038.0 | 92.6 | 97.9 | -5% |
225 (+87) | Loews Corporation | 193 | 15.1 | 595.0 | 91.0 | 48.0 | 90% |
225 (-72) | Texas Instruments Incorporated | 227 | 12.2 | 2,162.0 | 91.0 | 184.0 | -51% |
227 (-135) | Ameren Corporation | 379 | 6.9 | 289.0 | 90* | 320.0 | -72% |
228 (+16) | Wynn Resorts, Limited | 452 | 5.6 | 729.0 | 89.5 | 84.3 | 6% |
229 (+19) | UnitedHealth Group | 14 | 122.5 | 5,625.0 | 89.0 | 81.0 | 10% |
230 (+32) | Jarden Corporation | 356 | 7.4 | 204.0 | 88.9 | 75.1 | 18% |
231 (+30) | Starbucks Corporation | 196 | 14.9 | 8.0 | 88.8 | 75.3 | 18% |
232 (+14) | Goodyear Tire & Rubber Company | 147 | 19.5 | 629.0 | 88.0 | 82.0 | 7% |
232 (+76) | Navistar International Corporation | 259 | 10.8 | -898.0 | 88.0 | 49.0 | 80% |
234 (+12) | PPG Industries, Inc. | 190 | 15.2 | 3,231.0 | 85.0 | 82.0 | 4% |
235 (-51) | Terex Corporation | 358 | 7.3 | 226.0 | 83.7 | 148.6 | -44% |
236 (-81) | Dover Corporation | 301 | 9.1 | 1,003.0 | 82.6 | 180.2 | -54% |
237 (+19) | Lincoln National Corporation | 232 | 11.9 | 1,244.0 | 82.0 | 77.0 | 6% |
237 (+26) | McGraw Hill Financial, Inc. | 484 | 5.1 | 1,376.0 | 82.0 | 74.0 | 11% |
239 (+36) | Ross Stores, Inc. | 277 | 10.2 | 837.0 | 80.3 | 65.7 | 22% |
240 (-32) | Costco Wholesale | 19 | 105.2 | 2,039.0 | 80.0 | 116.0 | -31% |
241 (+9) | Kellogg Company | 198 | 14.8 | 1,807.0 | 79.0 | 80.0 | -1% |
242 (-6) | Ball Corporation | 321 | 8.5 | 407.0 | 78.3 | 87.0 | -10% |
243 (+13) | Micron Technology, Inc. | 302 | 9.1 | 1,190.0 | 78.0 | 77.0 | 1% |
244 (+94) | Joy Global Inc. | 493 | 5 | 534.0 | 77.4 | 33.5 | 131% |
245 (+35) | Allergan, Inc. | 408 | 6.4 | 985.0 | 77.3 | 61.9 | 25% |
246 (+4) | Spectra Energy Corp | 461 | 5.5 | 1,038.0 | 76.0 | 80.0 | -5% |
246 (-95) | Supervalu Inc. | 94 | 34.3 | -1,466.0 | 76.0 | 187.0 | -59% |
248 (+45) | Cliffs Natural Resources Inc. | 445 | 5.7 | 414.0 | 74.4 | 55.5 | 34% |
249 (+62) | Harris Corporation | 471 | 5.4 | 113.0 | 73.5 | 48.3 | 52% |
250 (-45) | Visteon Corporation | 351 | 7.4 | 690.0 | 73.0 | 117.0 | -38% |
251 (-36) | Gap, Inc. | 178 | 16.1 | 1,280.0 | 72.0 | 109.0 | -34% |
251 (-9) | Republic Services, Inc. | 325 | 8.4 | 589.0 | 72.0 | 84.7 | -15% |
253 (-11) | Automatic Data Processing, Inc. | 243 | 11.3 | 1,406.0 | 70.7 | 84.7 | -17% |
254 (+5) | J.C. Penney Company, Inc. | 235 | 11.9 | -1,388.0 | 70.0 | 76.0 | -8% |
255 (-5) | Clorox Company | 451 | 5.6 | 572.0 | 69.0 | 80.0 | -14% |
256 (-22) | Calpine Corporation | 414 | 6.3 | 14.0 | 68.0 | 92.0 | -26% |
256 (-27) | KBR, Inc. | 360 | 7.3 | 229.0 | 68.0 | 95.0 | -28% |
258 (+15) | CHS Inc. | 62 | 44.5 | 992.0 | 67.3 | 67.3 | 0% |
259 (-3) | Archer Daniels Midland | 27 | 89.8 | 1,342.0 | 66.0 | 77.0 | -14% |
259 (-10) | Nucor Corporation | 150 | 19.1 | 488.0 | 66.0 | 80.9 | -18% |
259 (+23) | Williams Companies, Inc. | 380 | 6.8 | 430.0 | 66.0 | 58.0 | 14% |
262 (+34) | Sanmina | 432 | 5.9 | 79.0 | 65.2 | 54.2 | 20% |
263 (+15) | Norfolk Southern Corporation | 247 | 11.2 | 1,910.0 | 65.0 | 63.0 | 3% |
264 (-10) | Estée Lauder Companies Inc. | 279 | 10.2 | 1,020.0 | 64.0 | 78.5 | -18% |
265 (+44) | Harley-Davidson, Inc. | 433 | 5.9 | 734.0 | 63.1 | 48.8 | 29% |
266 (+8) | Alcoa Inc. | 130 | 23 | -2,285.0 | 63.0 | 66.0 | -5% |
266 (+31) | Avis Budget Group, Inc. | 340 | 7.9 | 16.0 | 63.0 | 54.0 | 17% |
268 (+17) | Ryder System, Inc. | 406 | 6.4 | 238.0 | 62.6 | 57.6 | 9% |
269 (+9) | Lowe’s Companies | 52 | 53.4 | 2,286.0 | 62.0 | 63.0 | -2% |
269 (+1) | Reynolds American Inc. | 329 | 8.2 | 1,718.0 | 62.0 | 68.0 | -9% |
271 (+41) | Campbell Soup Company | 315 | 8.6 | 458.0 | 61.0 | 48.0 | 27% |
271 (-12) | Occidental Petroleum Corporation | 116 | 25.7 | 5,903.0 | 61.0 | 76.0 | -20% |
273 (-1) | DaVita HealthCare Partners Inc. | 230 | 12.1 | 633.0 | 60.5 | 67.5 | -10% |
274 (+181) | TravelCenters of America LLC | 339 | 8 | 17.0 | 60.0 | 0.0 | N/A |
275 (+7) | Genuine Parts Company | 205 | 14.1 | 685.0 | 59.5 | 58.0 | 3% |
276 (N/A) | US Foods, Inc. | 133 | 22.3 | -57.0 | 59.3 | NR | N/A |
277 (-7) | Masco Corporation | 323 | 8.4 | 272.0 | 59.0 | 68.0 | -13% |
277 (-67) | Union Pacific Corporation | 135 | 22 | 4,388.0 | 59.0 | 115.0 | -49% |
279 (-2) | General Cable Corporation | 405 | 6.4 | -18.0 | 57.7 | 64.0 | -10% |
280 (+4) | Cablevision Systems Corporation | 397 | 6.5 | 466.0 | 57.4 | 57.8 | -1% |
281 (-44) | Gannett Co., Inc. | 481 | 5.2 | 389.0 | 57.3 | 86.2 | -34% |
282 (-1) | Las Vegas Sands Corp. | 211 | 13.7 | 2,306.0 | 56.7 | 59.3 | -4% |
283 (+18) | Mohawk Industries, Inc. | 357 | 7.3 | 349.0 | 56.5 | 53.8 | 5% |
284 (+37) | SLM Corporation | 417 | 6.3 | 1,418.0 | 56.0 | 41.2 | 36% |
285 (+2) | Health Net, Inc. | 254 | 11.1 | 170.0 | 55.6 | 57.3 | -3% |
286 (+6) | Booz Allen Hamilton Holding Corp. | 443 | 5.8 | 219.0 | 55.0 | 55.6 | -1% |
286 (N/A) | Quintiles Transnational Holdings Inc. | 486 | 5.1 | 227.0 | 55.0 | NR | N/A |
288 (-2) | Quanta Services, Inc. | 396 | 6.5 | 402.0 | 54.8 | 57.5 | -5% |
289 (+27) | Fluor Corporation | 109 | 27.4 | 668.0 | 54.1 | 47.0 | 15% |
290 (+7) | AK Steel Holding Corporation | 455 | 5.6 | -47.0 | 53.8 | 54.0 | 0% |
291 (0) | AECOM Technology Corporation | 332 | 8.2 | 239.0 | 53.7 | 55.8 | -4% |
292 (+11) | H.J. Heinz Company | 239 | 11.6 | 1,013.0 | 53.1 | 52.7 | 1% |
293 (-4) | Advanced Micro Devices, Inc. | 474 | 5.3 | -83.0 | 52.0 | 56.0 | -7% |
293 (N/A) | Lorillard, Inc. | 496 | 5 | 1,180.0 | 52.0 | NR | N/A |
295 (+7) | Jacobs Engineering Group Inc. | 237 | 11.8 | 423.0 | 51.8 | 53.6 | -3% |
296 (-20) | Eastman Chemical Company | 297 | 9.4 | 1,165.0 | 51.0 | 65.0 | -22% |
296 (-2) | Regions Financial Corporation | 447 | 5.7 | 1,122.0 | 51.0 | 55.0 | -7% |
298 (+7) | O’Reilly Automotive, Inc. | 390 | 6.6 | 670.0 | 50.5 | 51.0 | -1% |
299 (-2) | Waste Management, Inc. | 207 | 14 | 98.0 | 49.0 | 54.0 | -9% |
300 (-117) | TJX Companies, Inc. | 108 | 27.4 | 2,137.0 | 48.7 | 148.8 | -67% |
301 (+19) | FirstEnergy Corp. | 195 | 15 | 392.0 | 48.0 | 43.0 | 12% |
301 (-4) | Foot Locker, Inc. | 400 | 6.5 | 429.0 | 48.0 | 54.0 | -11% |
301 (+11) | Hartford Financial Services Group, Inc. | 113 | 26.3 | 176.0 | 48.0 | 48.0 | 0% |
304 (N/A) | First American Financial Corporation | 499 | 5 | 186.0 | 47.8 | NR | N/A |
305 (0) | FedEx Corporation | 64 | 44.3 | 1,561.0 | 47.0 | 51.0 | -8% |
306 (+22) | AmerisourceBergen | 28 | 89.1 | 434.0 | 46.3 | 36.9 | 25% |
307 (+9) | Arrow Electronics, Inc | 138 | 21.4 | 399.0 | 46.0 | 47.0 | -2% |
308 (+29) | Lear Corporation | 177 | 16.2 | 431.0 | 45.2 | 34.4 | 31% |
309 (+19) | FMC Technologies, Inc. | 368 | 7.1 | 501.0 | 44.2 | 36.9 | 20% |
310 (+31) | Henry Schein, Inc. | 292 | 9.6 | 432.0 | 43.2 | 32.7 | 32% |
311 (+31) | Tenet Healthcare Corporation | 229 | 12.1 | -134.0 | 43.0 | 32.0 | 34% |
312 (+24) | Xcel Energy Inc. | 257 | 11 | 948.0 | 41.2 | 34.5 | 19% |
313 (-19) | Genworth Financial, Inc. | 291 | 9.6 | 560.0 | 41.0 | 55.0 | -25% |
314 (-47) | Rockwell Automation, Inc. | 410 | 6.4 | 756.0 | 40.8 | 70.3 | -42% |
315 (+11) | Dean Foods Company | 285 | 10 | 813.0 | 40.5 | 38.2 | 6% |
316 (+6) | W.W. Grainger, Inc. | 295 | 9.4 | 797.0 | 40.3 | 40.9 | -1% |
317 (-72) | Northeast Utilities | 359 | 7.3 | 786.0 | 38.2 | 83.1 | -54% |
318 (+1) | Delta Air Lines, Inc. | 81 | 37.8 | 10,540.0 | 37.0 | 44.0 | -16% |
318 (+22) | Oshkosh Corporation | 347 | 7.7 | 318.0 | 37.0 | 32.9 | 12% |
318 (-133) | PPL Corporation | 234 | 11.8 | 1,130.0 | 37.0 | 148.0 | -75% |
318 (+24) | Toys “R” Us, Inc. | 223 | 12.5 | -1,039.0 | 37.0 | 32.0 | 16% |
322 (N/A) | Wyndham Worldwide Corporation | 494 | 5 | 432.0 | 36.0 | NR | N/A |
323 (+2) | Ingram Micro Inc. | 69 | 42.6 | 311.0 | 35.4 | 38.8 | -9% |
324 (11) | CONSOL Energy Inc. | 434 | 5.9 | 660.0 | 34.8 | 34.8 | 0% |
325 (2) | Ingredion Incorporated | 412 | 6.3 | 396.0 | 34.0 | 37.0 | -8% |
325 (24) | Marriott International, Inc. | 219 | 12.8 | 626.0 | 34.0 | 29.0 | 17% |
327 (-12) | R.R. Donnelley & Sons Company | 268 | 10.5 | 211.0 | 33.8 | 47.9 | -29% |
328 (+37) | CH2M HILL Companies, Ltd. | 437 | 5.9 | 118.0 | 32.8 | 24.8 | 32% |
329 (+23) | ManpowerGroup Inc. | 144 | 20.3 | 288.0 | 32.3 | 28.5 | 13% |
330 (+12) | Aramark Holdings Corporation | 209 | 13.9 | 69.0 | 32** | 32.0 | 0% |
331 (+59) | Barnes & Noble, Inc. | 381 | 6.8 | -158.0 | 31.5 | 17.0 | 85% |
332 (+2) | Crown Holdings, Inc. | 313 | 8.7 | 324.0 | 31.0 | 35.0 | -11% |
332 (+23) | Sherwin-Williams Company | 278 | 10.2 | 753.0 | 31.0 | 28.1 | 10% |
334 (+22) | AutoZone, Inc. | 300 | 9.1 | 1,017.0 | 30.6 | 27.7 | 10% |
335 (+36) | Family Dollar Stores, Inc. | 271 | 10.4 | 444.0 | 30.2 | 22.4 | 35% |
336 (+63) | Darden Restaurants, Inc. | 319 | 8.6 | 412.0 | 29.9 | 15.7 | 90% |
337 (+23) | J.B. Hunt Transport Services, Inc. | 454 | 5.6 | 342.0 | 29.7 | 25.8 | 15% |
337 (+29) | J.M. Smucker Company | 435 | 5.9 | 544.0 | 29.7 | 24.0 | 24% |
339 (-16) | Fidelity National Information Services, Inc. | 426 | 6.1 | 493.0 | 29.2 | 40.4 | -28% |
340 (+17) | Commercial Metals Company | 370 | 7 | 77.0 | 28.6 | 27.4 | 4% |
341 (+37) | Aflac Incorporated | 125 | 24 | 3,158.0 | 28.0 | 21.0 | 33% |
341 (-10) | Avon Products, Inc. | 282 | 10 | -56.0 | 28.0 | 36.0 | -22% |
341 (N/A) | Noble Energy, Inc. | 491 | 5.1 | 978.0 | 28.0 | NR | N/A |
341 (+4) | Tesoro Corporation | 75 | 39.2 | 412.0 | 28.0 | 30.0 | -7% |
345 (+13) | Spectrum Group International, Inc. | 353 | 7.4 | 3.0 | 27.7 | 27.0 | 3% |
346 (+28) | Steel Dynamics, Inc. | 355 | 7.4 | 189.0 | 26.6 | 22.2 | 20% |
347 (+24) | World Fuel Services Corporation | 71 | 41.6 | 203.0 | 26.5 | 22.4 | 18% |
348 (+15) | CarMax, Inc. | 240 | 11.5 | 434.0 | 26.3 | 25.1 | 5% |
349 (-191) | Weyerhaeuser Company | 320 | 8.5 | 563.0 | 26.0 | 177.0 | -85% |
350 (-20) | Laboratory Corporation of America Holdings | 440 | 5.8 | 574.0 | 25.6 | 36.4 | -30% |
351 (+26) | WESCO International, Inc. | 349 | 7.5 | 276.0 | 25.5 | 21.1 | 21% |
352 (0) | NiSource Inc. | 448 | 5.7 | 532.0 | 23.8 | 28.5 | -16% |
353 (+13) | CSX Corporation | 231 | 12 | 1,864.0 | 23.0 | 24.0 | -4% |
353 (N/A) | United Rentals, Inc. | 500 | 5 | 387.0 | 23.0 | NR | N/A |
355 (+5) | BorgWarner Inc. | 352 | 7.4 | 624.0 | 22.9 | 25.8 | -11% |
356 (+48) | Autoliv, Inc. | 310 | 8.8 | 486.0 | 22.7 | 14.7 | 54% |
357 (+67) | Priceline Group Inc. | 383 | 6.8 | 1,893.0 | 22.1 | 7.3 | 203% |
358 (+22) | Synnex Corporation | 260 | 10.8 | 152.0 | 21.9 | 20.0 | 9% |
359 (+3) | Bemis Company, Inc. | 492 | 5 | 213.0 | 21.4 | 25.6 | -16% |
360 (-257) | Rock-Tenn Company | 293 | 9.5 | 727.0 | 21.3 | 289.7 | -93% |
361 (+5) | Travelers Companies, Inc. | 114 | 26.2 | 3,673.0 | 21.0 | 24.0 | -13% |
362 (-12) | GameStop Corp. | 305 | 9 | 354.0 | 20.6 | 28.7 | -28% |
363 (+12) | Hormel Foods Corporation | 311 | 8.7 | 526.0 | 20.1 | 22.1 | -9% |
364 (+9) | Dollar General Corporation | 164 | 17.5 | 1,025.0 | 19.6 | 22.2 | -12% |
365 (+32) | Reliance Steel & Aluminum Co. | 299 | 9.2 | 322.0 | 19.4 | 15.9 | 22% |
366 (+19) | American Financial Group, Inc. | 487 | 5.1 | 471.0 | 19.0 | 18.0 | 6% |
367 (N/A) | The Blackstone Group L.P. | 391 | 6.6 | 1,171.0 | 18.9 | NR | N/A |
368 (+24) | Advance Auto Parts, Inc. | 402 | 6.5 | 392.0 | 18.5 | 16.7 | 11% |
369 (+19) | Unum Group | 272 | 10.4 | 858.0 | 18.4 | 17.5 | 5% |
370 (N/A) | Airgas, Inc. | 498 | 5 | 341.0 | 18.2 | NR | N/A |
371 (+28) | PetSmart, Inc. | 376 | 6.9 | 420.0 | 17.8 | 15.7 | 13% |
372 (+67) | CIGNA Corporation | 97 | 32.4 | 1,476.0 | 17.0 | 51.0 | -67% |
373 (+18) | C. H. Robinson Worldwide, Inc. | 220 | 12.8 | 416.0 | 16.9 | 16.8 | 1% |
374 (+20) | Big Lots, Inc. | 473 | 5.3 | 125.0 | 16.7 | 16.0 | 4% |
375 (+19) | Corning Incorporated | 343 | 7.8 | 1,961.0 | 15.0 | 16.0 | -6% |
375 (+42) | Fidelity National Financial, Inc. | 316 | 8.6 | 402.0 | 15.0 | 10.0 | 50% |
375 (+60) | Office Depot, Inc. | 248 | 11.2 | -20.0 | 15.0 | 4.6 | 226% |
378 (+28) | Omnicare, Inc. | 415 | 6.3 | -43.0 | 14.8 | 14.2 | 4% |
379 (-124) | CenturyLink, Inc. | 158 | 18.1 | -239.0 | 14.0 | 78.0 | -82% |
379 (-307) | Dr Pepper Snapple Group, Inc. | 430 | 6 | 624.0 | 14.0 | 469.0 | -97% |
379 (-1) | Leidos Holdings Inc. (formerly known as SAIC) | 442 | 5.8 | 164.0 | 14.0 | 21.0 | -33% |
379 (+24) | Nordstrom, Inc. | 224 | 12.5 | 734.0 | 14.0 | 15.0 | -7% |
379 (+25) | Penske Automotive Group, Inc. | 194 | 15 | 244.0 | 14.0 | 14.7 | -5% |
379 (-10) | Precision Castparts Corp. | 322 | 8.5 | 1,427.0 | 14.0 | 23.6 | -41% |
379 (+2) | United Continental Holdings, Inc. | 78 | 38.3 | 571.0 | 14.0 | 19.0 | -26% |
379 (+22) | URS Corporation | 256 | 11 | 247.0 | 14.0 | 15.4 | -9% |
387 (+15) | Smithfield Foods, Inc. | 214 | 13.2 | 184.0 | 13.9 | 15.3 | -9% |
388 (N/A) | Harbinger Group Inc. | 456 | 5.5 | -46.0 | 13.8 | NR | N/A |
389 (-19) | PACCAR Inc | 169 | 17.1 | 1,171.0 | 13.1 | 23.4 | -44% |
389 (-4) | Level 3 Communications, Inc. | 413 | 6.3 | -109.0 | 13.0 | 18.0 | -28% |
391 (-67) | Marathon Petroleum | 25 | 94 | 2,112.0 | 13.0 | 40.0 | -68% |
392 (+2) | Live Nation Entertainment, Inc. | 404 | 6.5 | -43.0 | 12.9 | 16.0 | -19% |
393 (-4) | Hertz Global Holdings, Inc. | 264 | 10.7 | 346.0 | 11.0 | 17.2 | -36% |
393 (-12) | Huntington Ingalls Industries, Inc. | 382 | 6.8 | 261.0 | 11.0 | 19.0 | -42% |
393 (+15) | JetBlue Airways Corporation | 466 | 5.4 | 168.0 | 11.0 | 13.0 | -15% |
393 (-12) | Prudential Financial, Inc. | 72 | 41.5 | -667.0 | 11.0 | 19.0 | -42% |
397 (+23) | Western Refining, Inc. | 281 | 10.1 | 276.0 | 10.6 | 9.6 | 10% |
398 (N/A) | Lennar Corporation | 431 | 5.9 | 480.0 | 10.5 | NR | N/A |
399 (N/A) | Oaktree Capital Group, LLC | 354 | 7.4 | 222.0 | 10.4 | NR | N/A |
400 (+12) | Assurant, Inc. | 304 | 9.1 | 489.0 | 10.3 | 11.5 | -10% |
401 (-56) | Rite Aid Corporation | 118 | 25.4 | 118.0 | 10.1 | 30.0 | -66% |
402 (+9) | Charles Schwab Corporation | 459 | 5.5 | 1,071.0 | 10.0 | 12.0 | -17% |
402 (+12) | DTE Energy Company | 290 | 9.6 | 661.0 | 10.0 | 11.0 | -9% |
404 (-166) | Consolidated Edison, Inc. | 225 | 12.4 | 1,062.0 | 9.0 | 86.0 | -90% |
404 (+5) | HollyFrontier Corporation | 145 | 20.2 | 736.0 | 9.0 | 12.6 | -29% |
406 (+17) | Casey’s General Stores, Inc. | 389 | 6.7 | 111.0 | 8.9 | 7.5 | 19% |
407 (-75) | NII Holdings, Inc. | 495 | 5 | -1,650.0 | 8.7 | 35.6 | -76% |
408 (+10) | Con-way Inc. | 464 | 5.5 | 99.0 | 8.4 | 9.7 | -13% |
409 (+7) | Molina Healthcare, Inc. | 393 | 6.6 | 53.0 | 8.0 | 10.6 | -25% |
410 (+5) | Dick’s Sporting Goods, Inc. | 421 | 6.2 | 338.0 | 7.5 | 10.7 | -30% |
411 (+22) | Seaboard Corporation | 387 | 6.7 | 205.0 | 7.3 | 5.1 | 43% |
412 (-27) | Fifth Third Bancorp | 361 | 7.2 | 1,836.0 | 7.0 | 18.0 | -61% |
412 (-144) | Southern Company | 170 | 17.1 | 1,644.0 | 7.0 | 70.0 | -90% |
414 (+7) | Sonic Automotive, Inc. | 309 | 8.8 | 82.0 | 6.7 | 9.1 | -26% |
415 (+17) | Dillard’s, Inc. | 386 | 6.7 | 324.0 | 6.5 | 5.4 | 20% |
416 (-23) | Murphy Oil Corporation | 470 | 5.4 | 1,124.0 | 6.4 | 16.6 | -61% |
417 (+13) | American Airlines Group Inc. (formerly known as AMR) | 112 | 26.7 | -1,834.0 | 6.0 | 6.0 | 0% |
417 (+18) | KKR & Co. L.P. | 288 | 9.7 | 691.0 | 6.0 | 4.6 | 30% |
419 (+19) | Tech Data Corporation | 111 | 26.8 | 180.0 | 5.9 | 3.7*** | 59% |
420 (+11) | Dollar Tree, Inc. | 342 | 7.8 | 597.0 | 5.5 | 5.6 | -2% |
421 (+22) | Host Hotels & Resorts, Inc. | 477 | 5.3 | 317.0 | 5.0 | 3.0 | 67% |
421 (+13) | Southwest Airlines Co. | 160 | 17.7 | 754.0 | 5.0 | 5.0 | 0% |
423 (+2) | AutoNation, Inc. | 162 | 17.5 | 375.0 | 4.8 | 6.8 | -29% |
424 (-14) | Owens & Minor, Inc. | 303 | 9.1 | 111.0 | 4.6 | 12.3 | -63% |
424 (-40) | Windstream Holdings, Inc. | 429 | 6 | 241.0 | 4.6 | 18.3 | -75% |
426 (N/A) | D.R. Horton, Inc. | 418 | 6.3 | 463.0 | 4.2 | NR | N/A |
426 (+1) | Insight Enterprises, Inc. | 483 | 5.1 | 71.0 | 4.2 | 6.7 | -37% |
428 (+22) | CMS Energy Corporation | 394 | 6.6 | 452.0 | 4.0 | 1.0 | 300% |
429 (N/A) | Integrys Energy Group, Inc. | 450 | 5.6 | 352.0 | 3.6 | NR | N/A |
430 (+10) | Anixter International Inc. | 420 | 6.2 | 201.0 | 3.4 | 3.4 | 0% |
430 (+9) | Graybar Electric Company, Inc. | 449 | 5.7 | 81.0 | 3.4 | 3.5 | -3% |
430 (+15) | UGI Corporation | 362 | 7.2 | 278.0 | 3.4 | 2.9 | 17% |
430 (-5) | Universal Health Services, Inc. | 324 | 8.4 | 511.0 | 3.4 | 6.8 | -50% |
434 (-12) | Centene Corporation | 251 | 11.1 | 165.0 | 3.3 | 7.9 | -58% |
435 (-22) | EMCOR Group, Inc. | 407 | 6.4 | 124.0 | 3.1 | 11.3 | -73% |
435 (+7) | United Stationers Inc. | 488 | 5.1 | 123.0 | 3.1 | 3.1 | 0% |
437 (+6) | Apache Corporation | 179 | 16.1 | 2,232.0 | 3.0 | 3.0 | 0% |
437 (0) | Whole Foods Market, Inc. | 218 | 12.9 | 551.0 | 3.0 | 4.0 | -25% |
439 (+6) | Kelly Services, Inc. | 468 | 5.4 | 59.0 | 2.8 | 2.9 | -3% |
440 (N/A) | Tractor Supply Company | 480 | 5.2 | 328.0 | 2.5 | NR | N/A |
441 (N/A) | LKQ Corporation | 490 | 5.1 | 312.0 | 1.8 | NR | N/A |
442 (+5) | Land O’Lakes, Inc. | 199 | 14.7 | 306.0 | 1.5 | 2.7 | -44% |
443 (+12) | Andersons, Inc. | 453 | 5.6 | 90.0 | 1.1 | 0.0 | N/A |
444 (+5) | Core-Mark Holding Company, Inc. | 346 | 7.7 | 42.0 | 0.6 | 1.6 | -63% |
445 (+8) | Community Health Systems, Inc. | 192 | 15.1 | 141.0 | 0.5 | 0.7 | -29% |
446 (N/A) | Asbury Automotive Group, Inc. | 472 | 5.3 | 109.0 | 0.3 | NR | N/A |
446 (+5) | Kindred Healthcare, Inc. | 441 | 5.8 | -169.0 | 0.3 | 0.9 | -67% |
446 (-28) | Vanguard Health Systems, Inc. | 388 | 6.7 | 62.0 | 0.3 | 9.7 | -97% |
449 (+5) | INTL FCStone Inc. | 66 | 43.8 | 19.0 | 0.1 | 0.5 | -80% |
450 (+5) | Aetna Inc. | 57 | 47.3 | 1,914.0 | 0.0 | 0.0 | 0% |
450 (N/A) | Alaska Air Group, Inc. | 482 | 5.2 | 508.0 | 0.0 | NR | N/A |
450 (-102) | Alleghany Corporation | 497 | 5 | 628.0 | 0.0 | NR | N/A |
450 (-86) | Allstate Corporation | 92 | 34.5 | 2,280.0 | 0.0 | 25.0 | -100% |
450 (N/A) | Buckeye Partners, L.P. | 485 | 5.1 | 160.0 | 0.0 | NR | N/A |
450 (N/A) | Calumet Specialty Products Partners, L.P. | 467 | 5.4 | 4.0 | 0.0 | NR | N/A |
450 (+5) | CDW Corporation | 265 | 10.7 | 133.0 | 0.0 | 0.0 | 0% |
450 (+50) | CenterPoint Energy, Inc. | 333 | 8.1 | 311.0 | 0.0 | -23.0 | -100% |
450 (-311) | Charter Communications, Inc. | 331 | 8.2 | -169.0 | 0.0 | 202.0 | -100% |
450 (+5) | Chubb Corporation | 208 | 13.9 | 2,345.0 | 0.0 | 0.0 | 0% |
450 (+5) | Coca-Cola Enterprises, Inc. | 348 | 7.7 | 667.0 | 0.0 | 0.0 | 0% |
450 (N/A) | CST Brands, Inc. | 266 | 10.7 | 139.0 | 0.0 | NR | N/A |
450 (+5) | Enterprise Products Partners L.P. | 56 | 47.7 | 2,597.0 | 0.0 | 0.0 | 0% |
450 (-111) | EOG Resources, Inc. | 203 | 14.5 | 2,197.0 | 0.0 | 33.0 | -100% |
450 (+1) | Erie Insurance Group | 416 | 6.3 | 163.0 | 0.0 | 0.9 | -100% |
450 (+5) | Expeditors International of Washington, Inc. | 425 | 6.1 | 349.0 | 0.0 | 0.0 | 0% |
450 (+5) | Freddie Mac | 32 | 81.2 | 48,668.0 | 0.0 | 0.0 | 0% |
450 (+5) | General Dynamics Corporation | 99 | 31.2 | 2,357.0 | 0.0 | 0.0 | 0% |
450 (+5) | Global Partners LP | 146 | 19.6 | 43.0 | 0.0 | 0.0 | 0% |
450 (+5) | Group 1 Automotive, Inc. | 307 | 8.9 | 114.0 | 0.0 | 0.0 | 0% |
450 (+5) | Humana Inc. | 73 | 41.3 | 1,231.0 | 0.0 | 0.0 | 0% |
450 (+5) | Jones Financial Companies,L.L.L.P. | 444 | 5.7 | 674.0 | 0.0 | 0.0 | 0% |
450 (+5) | Lockheed Martin Corporation | 59 | 45.4 | 2,981.0 | 0.0 | 0.0 | 0% |
450 (+5) | MRC Global Inc. | 478 | 5.2 | 152.0 | 0.0 | 0.0 | 0% |
450 (N/A) | Murphy USA Inc. | 175 | 16.6 | 235.0 | 0.0 | NR | N/A |
450 (+5) | Mutual of Omaha Insurance Company | 392 | 6.6 | 359.0 | 0.0 | 0.0 | 0% |
450 (+5) | NextEra Energy, Inc. | 191 | 15.1 | 1,908.0 | 0.0 | 0.0 | 0% |
450 (+5) | Old Republic International Corporation | 465 | 5.4 | 448.0 | 0.0 | 0.0 | 0% |
450 (+5) | ONEOK, Inc. | 200 | 14.6 | 267.0 | 0.0 | 0.0 | 0% |
450 (+5) | Pacific Life | 333 | 8.1 | 720.0 | 0.0 | 0.0 | 0% |
450 (+5) | Pantry, Inc. | 371 | 7 | -3.0 | 0.0 | 0.0 | 0% |
450 (+5) | PBF Energy Inc. | 148 | 19.2 | 40.0 | 0.0 | 0.0 | 0% |
450 (N/A) | Plains GP Holdings, L.P. | 70 | 42.2 | 15.0 | 0.0 | NR | N/A |
450 (+5) | Progressive Corporation | 157 | 18.2 | 1,165.0 | 0.0 | 0.0 | 0% |
450 (+5) | Publix Super Markets, Inc. | 104 | 29.2 | 1,654.0 | 0.0 | 0.0 | 0% |
450 (+5) | Susser Holdings Corporation | 439 | 5.8 | 14.0 | 0.0 | 0.0 | 0% |
450 (+5) | Targa Resources Corp. | 395 | 6.6 | 65.0 | 0.0 | 0.0 | 0% |
450 (+5) | United Natural Foods, Inc. | 427 | 6.1 | 108.0 | 0.0 | 0.0 | 0% |
450 (+5) | W.R. Berkley Corporation | 409 | 6.4 | 500.0 | 0.0 | 0.0 | 0% |
450 (+5) | WellCare Health Plans, Inc. | 294 | 9.5 | 175.0 | 0.0 | 0.0 | 0% |
490 (-2) | American Family Ins. Group | 373 | 7 | 379.0 | N/A | N/A | N/A |
490 (-2) | Auto-Owners Insurance Group | 428 | 6.1 | 579.0 | N/A | N/A | N/A |
490 (-2) | Guardian Life Ins. Co. of America | 245 | 11.3 | 271.0 | N/A | N/A | N/A |
490 (-2) | Nationwide Mutual Insurance Co. | 91 | 34.5 | 797.0 | N/A | N/A | N/A |
490 (-2) | New York Life Insurance Company | 88 | 36 | 1,326.0 | N/A | N/A | N/A |
490 (-2) | Peter Kiewit Sons’, Inc. | 236 | 11.8 | 500.0 | N/A | N/A | N/A |
490 (-2) | Simon Property Group, Inc. | 479 | 5.2 | 1,320.0 | N/A | N/A | N/A |
490 (-2) | State Farm Insurance Cos. | 41 | 68.3 | 5,189.0 | N/A | N/A | N/A |
490 (-2) | Thrivent Financial for Lutherans | 335 | 8.1 | 414.0 | N/A | N/A | N/A |
490 (-2) | TIAA-CREF | 95 | 33.8 | 1,722.0 | N/A | N/A | N/A |
490 (-2) | United Services Automobile Association | 141 | 21 | 2,726.0 | N/A | N/A | N/A |
For some Ferraro 500 companies, the reserve amount reflected on the list includes interest and penalties. For example, AT&T’s $5.261 billion reserve includes interest and penalties of $1.034 billion. Similarly, GE’s $6.955 billion reserve amount includes $975 million of interest and $164 million of penalties.
Other Ferraro 500 companies do not include interest and penalties in the unrecognized tax benefits figure; rather, these companies report interest and penalties as selling, general, and administrative expenses, as interest expense, or as part of another item on their financial statements. For these companies, the actual reserve amount exceeds the reserves listed above. For example, Procter & Gamble reported unrecognized tax benefits of $1.6 billion, which does not include interest and penalties of $413 million and $34 million, respectively. Thus, Procter & Gamble’s reserve amount is actually $2.353 billion, $447 million higher than the $1.6 billion figure reflected on the Ferraro 500. Similarly, Chevron did not include $293 million of interest and penalties in its reported $3.071 billion of unrecognized tax benefits. Thus, Chevron’s reserve actually totals $4.063 billion, $215 million higher than the reserve amount above.
N/A is utilized where the UTB reserve could not be determined. Certain insurance companies and certain publicly traded partnerships do not report reserve amounts, and as such, the reserve amounts for these companies are not available.
NR is utilized where the company was not on the Ferraro 500 in 2013.
*In past years we have inappropriately calculated the tax reserve due to confusion over whether the subsidiaries’ tax reserves were included in the tax reserve reported for Ameren Corporation. Last year the Ferraro 500 listed Ameren Corporation’s tax reserve as $320 million; however, this double counted Ameren Corporation’s subsidiaries’ tax reserves. This number should have been 156.
**Aramark Corp.’s most recent 10-K was filed on December 20, 2012. Aramark Holding Corporation has yet to file a 10-K for 2013.
***Tech Data Corp filed the 10-K for 2012 in 2014. Reserve number in prior year column is from 2011.
All information is believed to be accurate as of June 15, 2014, but Lynam Knott P.A. cannot vouch for the validity of any information contained in any financial statement.