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Shearman & Sterling LLP 98 | Survey Methodology 3M Company Abbott Laboratories AbbVie Inc. Aetna Inc. Alphabet Inc. Altria Group Inc. Amazon.com Inc. American Airlines Group Inc.* American Express Company American International Group, Inc. AmerisourceBergen Corporation Amgen Inc. Anthem, Inc. Apple Inc. Archer-Daniels-Midland Company AT&T, Inc. Bank of America Corporation Berkshire Hathaway Inc. Biogen Inc. Boeing Company, The Bristol-Myers Squibb Company Cardinal Health, Inc. Caterpillar Inc. Celgene Corporation Chevron Corporation Cisco Systems, Inc. Citigroup Inc. Coca-Cola Company, The Colgate-Palmolive Co. Comcast Corporation ConocoPhillips Costco Wholesale Corporation CVS Health Corporation Danaher Corp. Delta Air Lines, Inc. Dow Chemical Company, The Duke Energy Corporation E. I. du Pont de Nemours and Company Philip Morris International Inc. Phillips 66 Procter & Gamble Company, The Prudential Financial, Inc. QUALCOMM Incorporated Reynolds American Inc.* Starbucks Corporation Sysco Corporation Target Corporation Thermo Fisher Scientific Inc.* Time Warner Inc.* TJX Companies, Inc., The Twenty-First Century Fox, Inc. U.S. Bancorp Union Pacific Corporation United Parcel Service, Inc. United Technologies Corporation UnitedHealth Group Incorporated Valero Energy Corporation Verizon Communications Inc. Visa Inc. Walgreens Boots Alliance, Inc. Wal-Mart Stores, Inc. Walt Disney Company, The Wells Fargo & Company *New to the 2016 Survey Seventy-nine of the Top 100 Companies are listed on the NYSE and 21 companies are listed on the NASDAQ. Copyright © 2016 Shearman & Sterling LLP. Shearman & Sterling LLP is a limited liability partnership organized under the laws of the State of Delaware, with an affiliated limited liability partnership organized for the practice of law in the United Kingdom and Italy and an affiliated partnership organized for the practice of law in Hong Kong. Top 100 Companies included in the 2016 Survey: Eli Lilly and Company Express Scripts Holding Company Exxon Mobil Corporation Facebook, Inc. FedEx Corporation Ford Motor Co. General Dynamics Corporation General Electric Company General Motors Company Gilead Sciences Inc. Goldman Sachs Group, Inc., The Hewlett Packard Enterprise Company* Home Depot, Inc., The Honeywell International Inc. HP Inc. Intel Corporation International Business Machines Corporation Johnson & Johnson JPMorgan Chase & Co. Kraft Heinz Company, The* Kroger Co., The Lockheed Martin Corporation Lowe's Companies Inc. Marathon Petroleum MasterCard Incorporated McDonald's Corporation McKesson Corporation Merck & Co., Inc. MetLife, Inc. Microsoft Corporation Mondelez International, Inc. Morgan Stanley NIKE, Inc. Occidental Petroleum Corporation Oracle Corporation PepsiCo, Inc. Pfizer Inc.