The Total Audited Net Income from Continuing Operations of these 11 Michigan Companies for the 3 Most Recent Years 2011 through 2013 totaled $82.730 bil vs Total Audited Net Losses from Continuing Operations for the 3 Years 2007 through 2009 of a devastating $103.990 bil.
This incredibly off-the-charts earnings resurrection for these 11 largest Michigan Companies from 2007-2009 to the most recent 2013 occurred when both Michigan US Senators were Democrats and also when Democrats had a majority in the US Senate.
Below here are the Audited Net Income (Losses) of each of these 11 largest Michigan Companies for each of the following six years: 2013, 2012, 2011, 2009, 2008 and 2007:
2013 | 2012 | 2011 | 2009 | 2008 | 2007 | |||
Audited | Audited | Audited | Audited | Audited | Audited | |||
Most | Net | Net | Net | Net | Net | Net | ||
Recent | Income | Income | Income | Income | Income | Income | ||
FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | ||
Michigan Company | HQs | mil $s | mil $s | mil $s | mil $s | mil $s | mil $s | |
Ford Motor | Dearborn | Dec 13 | 7,148 | 5,664 | 20,222 | 2,712 | (14,833) | (2,819) |
General Motors | Detroit | Dec 13 | 5,331 | 6,136 | 9,287 | (22,938) | (31,051) | (42,685) |
Dow Chemical | Midland | Dec 13 | 4,816 | 1,100 | 2,784 | 566 | 626 | 2,962 |
Kellogg | Battle Creek | Dec 13 | 1,808 | 961 | 864 | 1,208 | 1,146 | 1,102 |
Delphi Automotive PLC | Troy | Dec 13 | 1,301 | 1,160 | 1,223 | (822) | (1,984) | (1,692) |
TRW Automotive | Livonia | Dec 13 | 1,007 | 1,041 | 1,195 | 73 | (764) | 109 |
Stryker | Kalamazoo | Dec 13 | 1,006 | 1,298 | 1,345 | 1,107 | 1,148 | 987 |
Whirlpool | Benton Harbor | Dec 13 | 849 | 425 | 408 | 354 | 447 | 669 |
BorgWarner | Auburn Hills | Dec 13 | 651 | 522 | 571 | 36 | (19) | 317 |
Ally Financial | Detroit | Dec 13 | 416 | 1,370 | (219) | (3,370) | 4,863 | (1,950) |
Perrigo | Allegan | Jun 14 | 205 | 442 | 393 | 224 | 141 | 140 |
Total all 11 | 24,538 | 20,119 | 38,073 | (20,850) | (40,280) | (42,860) | ||
Three Year Totals | ||||||||
…..2011 Through 2013 | 82,730 | |||||||
…..2007 Through 2009 | (103,990) |
More details to come.