Total | Mostly | |||||||||||||
3 Years | Total | 3 Years | At 12-31-16 | |||||||||||
2016 | 2015 | 2014 | 2014-16 | 3 Years | 2014-16 | Cumulative | ||||||||
WW | 2016 | WW | 2015 | WW | 2014 | WW | 2014-16 | WW | Foreign | |||||
Income | WW | Income | WW | Income | WW | Income | WW | Effective | Earnings | |||||
US Very Large Companies | Tax | Pretax | Tax | Pretax | Tax | Pretax | Tax | Pretax | Income | That Can Be | ||||
Stock Mkt Caps of $30 Bil-50 Bil | Paid | Income | Paid | Income | Paid | Income | Paid | Income | Rate Paid | Repatriated | ||||
mils $s | mils $s | mils $s | mils $s | mils $s | mils $s | mils $s | mils $s | mils $s | bils $s | |||||
Automatic Data Processing | 790 | 2,531 | 741 | 2,235 | 710 | 2,071 | 2,241 | 6,837 | 32.8% | 0.5 | ||||
Ford Motor | 520 | 6,796 | 664 | 10,252 | 365 | 1,234 | 1,549 | 18,282 | 8.5% | 5.7 | ||||
Carnival Corp | 49 | 2,828 | 42 | 1,799 | 9 | 1,225 | 100 | 5,852 | 1.7% | NA | ||||
Phillips 66 | (63) | 2,191 | 1,281 | 6,044 | 1,957 | 5,745 | 3,175 | 13,980 | 22.7% | 3.0 | ||||
Deere & Co | 417 | 2,224 | 858 | 2,780 | 1,907 | 4,797 | 3,182 | 9,801 | 32.5% | 5.8 | ||||
Estee Lauder | 479 | 1,617 | 528 | 1,555 | 520 | 1,561 | 1,527 | 4,733 | 32.3% | 4.1 | ||||
Prudential Financial | 635 | 5,705 | 1,363 | 7,769 | 376 | 1,759 | 2,374 | 15,233 | 15.6% | 4.2 | ||||
VMware | 295 | 1,473 | 247 | 1,213 | 290 | 1,048 | 832 | 3,734 | 22.3% | 5.4 | ||||
Marriott Intl | 300 | 1,184 | 257 | 1,255 | 314 | 1,088 | 871 | 3,527 | 24.7% | 4.0 | ||||
Crown Castle Intl | 8 | 374 | 9 | 474 | 11 | 335 | 28 | 1,183 | 2.4% | |||||
CSX Corp | 622 | 2,741 | 714 | 3,138 | 819 | 3,044 | 2,155 | 8,923 | 24.2% | |||||
TJX Companies | 1,431 | 3,723 | 1,350 | 3,658 | 1,233 | 3,550 | 4,014 | 10,931 | 36.7% | 0.8 | ||||
Intuitive Surgical | 226 | 981 | 165 | 759 | 165 | 549 | 556 | 2,289 | 24.3% | 1.5 | ||||
Praxair | 564 | 2,048 | 513 | 2,160 | 636 | 2,395 | 1,713 | 6,603 | 25.9% | 12.0 | ||||
Cognizant Technology Sol | 896 | 2,357 | 666 | 2,164 | 585 | 1,924 | 2,147 | 6,445 | 33.3% | 7.9 | ||||
Constellation Brands | 426 | 2,093 | 190 | 1,501 | 264 | 1,180 | 880 | 4,774 | 18.4% | 0.4 | ||||
Capital One Financial | 2,400 | 5,484 | 2,271 | 5,881 | 2,222 | 6,569 | 6,893 | 17,934 | 38.4% | 1.3 | ||||
S&P Global | 873 | 3,188 | 235 | 1,815 | 482 | 54 | 1,590 | 5,057 | 31.4% | 1.7 | ||||
Marsh & McLennan | 617 | 2,480 | 527 | 2,307 | 475 | 2,057 | 1,619 | 6,844 | 23.7% | 4.4 | ||||
LyondellBasell | 1,029 | 5,233 | 1,549 | 6,209 | 1,363 | 5,712 | 3,941 | 17,154 | 23.0% | NA | ||||
Kimberly Clark | 937 | 3,009 | 673 | 1,335 | 785 | 2,255 | 2,395 | 6,599 | 36.3% | 8.9 | ||||
Regeneron Pharmaceuticals | 794 | 1,330 | 719 | 1,225 | 487 | 761 | 2,000 | 3,316 | 60.3% | |||||
Intuit | 389 | 1,367 | 447 | 1,203 | 280 | 712 | 1,116 | 3,282 | 34.0% | |||||
Boston Scientific | 173 | 177 | 194 | (650) | 104 | (509) | 471 | (982) | NM | 9.8 | ||||
Exelon | 99 | 1,989 | 321 | 3,330 | 163 | 2,486 | 583 | 7,805 | 7.5% | |||||
Intercontinental Exchange | 466 | 2,029 | 466 | 1,653 | 381 | 1,407 | 1,313 | 5,089 | 25.8% | 3.6 | ||||
Emerson Electric | 702 | 2,335 | 710 | 2,316 | 1,315 | 3,807 | 2,727 | 8,458 | 32.2% | 4.9 | ||||
Kinder Morgan Inc | (170) | 1,638 | (128) | 772 | 33 | 3,091 | (265) | 5,501 | -4.8% | |||||
Ecolab | 494 | 1,650 | 545 | 1,318 | 598 | 1,698 | 1,637 | 4,666 | 35.1% | 2.1 | ||||
American Electric Power | (41) | 476 | 122 | 2,623 | 46 | 2,403 | 127 | 5,502 | 2.3% | |||||
eBay | 922 | 3,651 | 491 | 2,406 | 636 | 2,515 | 2,049 | 8,572 | 23.9% | 7.4 | ||||
Norfolk Southern | 687 | 2,582 | 566 | 2,442 | 840 | 3,134 | 2,093 | 8,158 | 25.7% | |||||
Public Storage | 1,460 | 1,318 | 1,150 | - | 3,928 | 0.0% | ||||||||
Sherwin-Williams | 531 | 1,595 | 490 | 1,549 | 411 | 1,258 | 1,432 | 4,402 | 32.5% | |||||
Equinix | 81 | 160 | 116 | 211 | 147 | 85 | 344 | 456 | 75.4% | |||||
Vertex Pharmaceuticals | (0) | (67) | 30 | (558) | 7 | (735) | 37 | (1,360) | NM | |||||
BB&T Corp | 1,056 | 3,500 | 684 | 2,917 | 787 | 3,127 | 2,527 | 9,544 | 26.5% | |||||
Halliburton | (357) | (7,625) | (50) | (936) | 1,729 | 4,712 | 1,322 | (3,849) | -34.3% | 4.0 | ||||
Prologis | 60 | 1,347 | 28 | 949 | 62 | 714 | 150 | 3,010 | 5.0% | |||||
Delta Airlines | 40 | 6,636 | 50 | 7,157 | 1 | 1,072 | 91 | 14,865 | 0.6% | 0.4 | ||||
Lam Research | 13 | 1,812 | 95 | 960 | 80 | 741 | 188 | 3,513 | 5.4% | 5.4 | ||||
HP Inc | 692 | 3,761 | (1,413) | 3,532 | 959 | 3,863 | 238 | 11,156 | 2.1% | 20.3 | ||||
Travelers Cos | 928 | 4,053 | 1,182 | 4,740 | 1,254 | 5,089 | 3,364 | 13,882 | 24.2% | 0.4 | ||||
Air Product & Chemicals | 299 | 1,416 | 371 | 1,555 | 291 | 1,266 | 961 | 4,237 | 22.7% | 6.0 | ||||
Express Scripts Holding | 1,497 | 4,427 | 1,826 | 3,864 | 1,462 | 3,066 | 4,785 | 11,357 | 42.1% | 0.1 | ||||
Baxter | 289 | 4,954 | 88 | 428 | 49 | 490 | 426 | 5,872 | 7.3% | 9.3 | ||||
Waste Management | 569 | 1,822 | 278 | 1,060 | 531 | 1,751 | 1,378 | 4,633 | 29.7% | 1.0 | ||||
Zoetis | 463 | 1,228 | 290 | 545 | 282 | 820 | 1,035 | 2,593 | 39.9% | 7.4 | ||||
Humana | 1,009 | 1,552 | 1,157 | 2,431 | 1,087 | 2,170 | 3,253 | 6,153 | 52.9% | |||||
Monster Beverage | 265 | 1,080 | 647 | 892 | 272 | 746 | 1,184 | 2,718 | 43.6% | |||||
Electronic Arts | 140 | 1,210 | 110 | 877 | 31 | 925 | 281 | 3,012 | 9.3% | 1.8 | ||||
Valero Energy | 535 | 3,182 | 1,705 | 5,971 | 1,332 | 5,552 | 3,572 | 14,705 | 24.3% | 3.9 | ||||
Southern Copper | 625 | 1,256 | 620 | 1,189 | 987 | 2,069 | 2,232 | 4,514 | 49.4% | 0.5 | ||||
State Street | 336 | 2,120 | 486 | 2,298 | 355 | 2,437 | 1,177 | 6,855 | 17.2% | 5.5 | ||||
Johnson Controls Intl plc | 142 | 2,558 | 962 | 1,061 | (171) | 931 | 933 | 4,550 | 20.5% | 16.0 | ||||
Eaton Corp plc | 304 | 2,127 | 358 | 2,145 | 354 | 1,761 | 1,016 | 6,033 | 16.8% | 17.3 | ||||
TE Connectivity | 330 | 1,928 | (957) | 1,162 | 297 | 1,575 | (330) | 4,665 | -7.1% | 22.0 | ||||
Analog Devices | 927 | 828 | 87 | 957 | 165 | 810 | 1,179 | 2,595 | 45.4% | 6.3 | ||||
AFLAC | 884 | 4,067 | 1,288 | 3,862 | 1,079 | 4,491 | 3,251 | 12,420 | 26.2% | NA | ||||
AllState Corp | 654 | 2,754 | 1,033 | 3,282 | 1,123 | 4,236 | 2,810 | 10,272 | 27.4% | |||||
Southwest Airlines | 847 | 3,547 | 1,406 | 3,479 | 232 | 1,816 | 2,485 | 8,842 | 28.1% | |||||
Illumina | 126 | 561 | 171 | 583 | 115 | 449 | 412 | 1,593 | 25.9% | 0.8 | ||||
Fidelity Natl Info Services | 493 | 906 | 333 | 1,037 | 344 | 1,053 | 1,170 | 2,996 | 39.1% | 0.8 | ||||
General Mills | 471 | 2,271 | 635 | 2,404 | 562 | 1,762 | 1,668 | 6,437 | 25.9% | 2.3 | ||||
Marathon Petroleum Corp | 215 | 1,822 | 1,372 | 4,374 | 1,522 | 3,835 | 3,109 | 10,031 | 31.0% | |||||
Progressive Corp | 482 | 1,471 | 670 | 1,912 | 594 | 1,907 | 1,746 | 5,290 | 33.0% | |||||
McKesson | 732 | 6,891 | 844 | 3,250 | 644 | 2,657 | 2,220 | 12,798 | 17.3% | 6.9 | ||||
Tyson Foods | 889 | 2,628 | 742 | 2,598 | 659 | 1,921 | 2,290 | 7,147 | 32.0% | 0.2 | ||||
Sempra Energy | 172 | 1,830 | 102 | 1,704 | 154 | 1,524 | 428 | 5,058 | 8.5% | NA | ||||
PPG Industries | 86 | 827 | 425 | 1,783 | 324 | 1,346 | 835 | 3,956 | 21.1% | 5.3 | ||||
Target | 1,255 | 3,965 | 1,924 | 4,923 | 1,197 | 3,653 | 4,376 | 12,541 | 34.9% | 1.0 | ||||
Total all 71 | 36,046 | 161,344 | 39,481 | 168,406 | 41,681 | 149,752 | 117,208 | 479,502 | 24.4% | 244.3 | ||||
Annual WW Income Tax Rate Paid | 22.3% | 23.4% | 27.8% |
Wednesday, November 29, 2017
The 71 Large US Companies With Stock Market Caps Between $30-50 Bil Showed Very Nice Lowering of Their Total Consolidated Income Tax Paid Rate From 27.8% in 2014 to 23.4% in 2015 and to 22.3% in 2016 .................................................................................... These Large US Companies Have Done a Nice Job Reducing Their Total Income Tax Paid Rate On Their Own, So Why Does the Trump Administration Now Want To Bestow All of This Lavish US Government Corporate Welfare on These Mostly Very Successful Large US Companies? If You Do Something Like This, It Only Seems Logical To Consider It When the Country is in a Deep Recession .................................................................................... These 71 Companies With Stock Market Caps Between $30 Bil and $50 Bil Have Total Cumulative Foreign Earnings To Repatriate of $244 Bil, Only 16% of Such Similar Total of $1.507 Trillion For the 45 US Companies With Stock Market Caps of Above $100 Bil .................................................................................... In So Many Ways , the Trump Tax Proposal is Targeted at the Very Largest, Most Profitable US Corporations, Leaving All the Other US Companies in the Dust, Unable to Compete With the Very Largest, Most Profitable US Corps ....................................................................................... It is a Clear Trump Tax Proposal Strategy of Substantially Expanding Income Inequality of US Companies in the Corporate World, Just Like This Trump Tax Proposal Also Substantially Expands US Citizen Income Inequality
Based on a review of their audited annual financial statements and
income tax footnotes filed
with the SEC, below is the Worldwide Consolidated Income Tax Paid and
the
related Worldwide Consolidated Pretax
Income for the most recent three years, as well as the Cumulative
Foreign Earnings, mostly at December 31, 2016, which can be repatriated
for each of the 71 large US Companies all with
Stock Market Caps Between $30 Bil and $50 Bil currently, shown in Stock Market Cap order: