Sunday, November 26, 2017

28 US Non-Manufacturing Companies With Stock Market Caps Above $20 Bil and Not Covered In Earlier Posts Paid Total US Federal Income Tax Rate of 22.2% in the Most Recent Five Years, 12.8% Below the Statutory US Federal Income Tax Rate on Large Corporations of 35.0% ...................................................................................... The Free-Spending Trump Administration Reacts By Irrationally Trying To Force the US Senate To Lower US Federal Income Taxes on Large Corporations By Another 43% By Reducing the Statutory US Federal Income Tax Rate From 35.0% to 20.0%

Based on a review of their audited annual financial statements and income tax footnotes filed with the SEC, below is the US Federal Income Tax Paid along with the related US Pretax Income for the most recent five years for each of 28 US Non-Manufacturing Companies (All with Stock Market Caps Above $20 Bil) and which were not covered in earlier posts:















Total Total
















5 Years 5 Years 5 Years

2016 2016
2015 2015
2014 2014
2013 2013
2012 2012
2012-16 2012-16 2012-16

US US
US US
US US
US US
US US
US US Effective
Other Large Tax Pretax
Tax Pretax
Tax Pretax
Tax Pretax
Tax Pretax
Tax Pretax US Tax
US Non-Manufacturing Cos Paid Income
Paid Income
Paid Income
Paid Income
Paid Income
Paid Income Rate Paid
Not Covered Before mils $s mils $s
mils $s mils $s
mils $s mils $s
mils $s mils $s
mils $s mils $s
mils $s mils $s



















Amazon     1,136     4,551
       215     2,186
       214        292
         99        704
       528        882
    2,192       8,615 25.4%
Visa     2,377     8,440
    2,250     5,839
    1,991     7,214
    2,353     6,140
       568     5,992
    9,539     33,625 28.4%
Mastercard     1,074     3,736
       677     3,399
       977     3,378
    1,010     2,741
       524     2,508
    4,262     15,762 27.0%
Adobe Systems          94        806
       205        589
         27        192
       (54)        133
       163        513
       435       2,233 19.5%
Charter Communications            4        820
           1      (331)
           1          53
       (49)        (49)
           1          -  
       (42)          493 NM
Costco        802     2,988            468     2,622
       766     2,574
       696     2,145
       572     2,070
    3,304     12,399 26.6%
FDX        269     3,660
       513     1,835
       795        854
       624     3,246
       512     4,393
    2,713     13,988 19.4%
Metlife          40   (4,096)
       584     3,743
       (56)     6,043
         85     1,186
       (29)   (1,496)
       624       5,380 11.6%
Activision Blizzard        (15)        228
       169        355
       146        325
       100        626
       256        668
       656       2,202 29.8%
Auto Data Processing        615     2,233
       579     2,029
       576     1,895
       552     1,636
       426     1,458
    2,748       9,251 29.7%
Marriott Intl        203        813
       167        896
       224        808
       139        630
         (6)        631
       727       3,778 19.2%
S&P Global        641     2,585
         90     1,266
       285      (423)
       194        821
       181        800
    1,391       5,049 27.6%
Marsh & McLennan        208        725
         90        702
         80        313
       102        407
         42        398
       522       2,545 20.5%
Intercontinental Exchange        258     1,043
       250        824
       151        623
         57          81
         89        233
       805       2,804 28.7%
Intuit        345     1,362
       401     1,205
       253        716
       358     1,276
       328     1,140
    1,685       5,699 29.6%
Waste Management        443     1,681
       192        922
       414     1,601
       389        548
       268     1,175
    1,706       5,927 28.8%
Electronic Arts          86        382
         69        133
         10        232
         (2)      (146)
         -          (15)
       163          586 27.8%
Weyerhaeuser Co            1        353
           7        326
       (49)        679
       (80)        198
       (78)        333
     (199)       1,889 -10.5%
Sirius XM Holdings          -       1,092
         -          892
         -          831
         -          637
         -          474
         -         3,926 0.0%
Cerner Corp        253        832
       141        698
       115        706
       178        583
       165        603
       852       3,422 24.9%
Ameriprise Financial        245     1,412
       509     1,710
       248     1,858
       549     1,640
       229     1,161
    1,780       7,781 22.9%
Red Hat          17        187
         45        156
         15        167
         20        135
         34        131
       131          776 16.9%
Incyte Corp          -          273
         -          111
         -          (49)

       (83)

       (44)
         -            208 0.0%
Kroger        721     2,914
       723     3,094
       847     2,649
       638     2,282
       563     2,302
    3,492     13,241 26.4%
Principal Financial Group          39     1,261
       226     1,195
       242     1,204






       507       3,660 13.9%
Hartford Financial Services          12        878
       (55)     2,017
       (62)     1,736
       219     1,473
         33      (106)
       147       5,998 2.5%
Kroger        721     2,914
       723     3,094
       847     2,649
       638     2,282
       563     2,302
    3,492     13,241 26.4%
Liberty Media Corp          39     1,419
         17        458
       (18)        461
         45     8,856
           7     1,629
         90     12,823 0.7%



















Total all 28   10,628   45,492
    9,256   41,965
    9,039   39,581
    8,860   40,128
    5,939   30,135
  43,722   197,301 22.2%