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000000200
american airlines , inc . notes to consolidated financial statements 2014 ( continued ) temporary , targeted funding relief ( subject to certain terms and conditions ) for single employer and multiemployer pension plans that suffered significant losses in asset value due to the steep market slide in 2008 . under the re...
000000201
marathon oil corporation notes to consolidated financial statements expected long-term return on plan assets 2013 the expected long-term return on plan assets assumption for our u.s . funded plan is determined based on an asset rate-of-return modeling tool developed by a third-party investment group which utilizes unde...
000000202
notes to consolidated financial statements 2014 ( continued ) ( amounts in millions , except per share amounts ) withholding taxes on temporary differences resulting from earnings for certain foreign subsidiaries which are permanently reinvested outside the u.s . it is not practicable to determine the amount of unrecog...
000000203
liquidity monitoring and measurement stress testing liquidity stress testing is performed for each of citi 2019s major entities , operating subsidiaries and/or countries . stress testing and scenario analyses are intended to quantify the potential impact of a liquidity event on the balance sheet and liquidity position ...
000000204
american tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) 3.00% ( 3.00 % ) convertible notes 2014during the years ended december 31 , 2008 and 2007 , the company issued an aggregate of approximately 8.9 million and 973 shares of common stock , respectively , upon conversi...
000000205
notes to the consolidated financial statements the activity in the accrued liability for unrecognized tax benefits for the two years ended december 31 , 2008 was as follows : ( millions ) 2008 2007 .[['( millions )', '2008', '2007'], ['balance at january 1', '$ 110', '$ 77'], ['additions based on tax positions related ...
000000206
comparable treasury security . the unamortized discount and debt issuance costs are being amortized over the remaining term of the 2022 notes . 2021 notes . in may 2011 , the company issued $ 1.5 billion in aggregate principal amount of unsecured unsubordinated obligations . these notes were issued as two separate seri...
000000207
we are not under any obligation ( and expressly disclaim any such obligation ) to update or alter our forward- looking statements , whether as a result of new information , future events or otherwise . you should carefully consider the possibility that actual results may differ materially from our forward-looking state...
000000208
jpmorgan chase & co./2009 annual report 173 trading assets and liabilities average balances average trading assets and liabilities were as follows for the periods indicated. .[['year ended december 31 ( in millions )', '2009', '2008', '2007'], ['trading assets 2013 debt and equity instruments', '$ 318063', '$ 384102', ...
000000209
debt issuance costs : debt issuance costs are reflected as a direct deduction of our long-term debt balance on the consolidated balance sheets . we incurred debt issuance costs of $ 15 million in 2018 and $ 53 million in 2016 . debt issuance costs in 2017 were insignificant . unamortized debt issuance costs were $ 115 ...
000000210
the decrease in mortgage servicing rights of $ 2.7 billion was primarily 2022 attributed to mark-to-market losses recognized in the portfolio due to decreases in the mortgage interest rates and increases in refinancing . the increase in securities sold under agreements to repurchase of $ 5 2022 billion is driven by a $...
000000211
product management , business development and client service . our alternatives products fall into two main categories 2013 core , which includes hedge funds , funds of funds ( hedge funds and private equity ) and real estate offerings , and currency and commodities . the products offered under the bai umbrella are des...
000000212
the following table summarizes the short-term borrowing activity for awcc for the years ended december 31: .[['', '2017', '2016'], ['average borrowings', '$ 779', '$ 850'], ['maximum borrowings outstanding', '1135', '1016'], ['weighted average interest rates computed on daily basis', '1.24% ( 1.24 % )', '0.78% ( 0.78 %...
000000213
contractual obligations and commercial commitments future commitments of garmin , as of december 27 , 2008 , aggregated by type of contractual obligation .[['contractual obligations', 'payments due by period total', 'payments due by period less than 1 year', 'payments due by period 1-3 years', 'payments due by period 3...
000000214
management 2019s discussion and analysis the table below presents a reconciliation of our common shareholders 2019 equity to the estimated basel iii advanced cet1 on a fully phased-in basis . $ in millions december .[['$ in millions', 'as of december 2013'], ['common shareholders 2019 equity', '$ 71267'], ['goodwill', ...
000000215
trends we expect mst 2019s 2015 net sales to be comparable to 2014 net sales , with the increased volume from new program starts , specifically space fence and the combat rescue and presidential helicopter programs , offset by a decline in volume due to the wind-down or completion of certain programs . operating profit...
000000216
notes to consolidated financial statements the apex trusts and the 2012 trusts are delaware statutory trusts sponsored by the firm and wholly-owned finance subsidiaries of the firm for regulatory and legal purposes but are not consolidated for accounting purposes . the firm has covenanted in favor of the holders of gro...
000000217
american tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) 12 . impairments , net loss on sale of long-lived assets , restructuring and merger related expense the significant components reflected in impairments , net loss on sale of long-lived assets , restructuring and me...
000000218
the company expects annual amortization expense for these intangible assets to be: .[['fiscal year', 'amortization expense'], ['2011', '$ 1343']]g . grant accounting certain of the company 2019s foreign subsidiaries have received various grants from governmental agencies . these grants include capital , employment and ...
000000219
notes to consolidated financial statements see notes 6 and 7 for further information about fair value measurements of cash instruments and derivatives , respectively , included in 201cfinancial instruments owned , at fair value 201d and 201cfinancial instruments sold , but not yet purchased , at fair value , 201d and n...
000000220
system energy resources , inc . management's financial discussion and analysis operating activities cash flow from operations increased by $ 232.1 million in 2004 primarily due to income tax refunds of $ 70.6 million in 2004 compared to income tax payments of $ 230.9 million in 2003 . the increase was partially offset ...
000000221
in march 2000 , the company entered into an $ 850 million revolving credit agreement with a syndicate of banks , which provides for a combination of either loans or letters of credit up to the maximum borrowing capacity . loans under the facility bear interest at either prime plus a spread of 0.50% ( 0.50 % ) or libor ...
000000222
borrowings under the credit facility bear interest based on the daily balance outstanding at libor ( with no rate floor ) plus an applicable margin ( varying from 1.25% ( 1.25 % ) to 1.75% ( 1.75 % ) ) or , in certain cases a base rate ( based on a certain lending institution 2019s prime rate or as otherwise specified ...
000000223
we extend our reach to additional consumer groups through our 158 polo ralph lauren factory stores worldwide . during fiscal 2008 , we added 13 new polo ralph lauren factory stores , net . our factory stores are generally located in outlet malls . we operated the following factory retail stores as of march 29 , 2008 : ...
000000224
home equity repurchase obligations pnc 2019s repurchase obligations include obligations with respect to certain brokered home equity loans/lines that were sold to a limited number of private investors in the financial services industry by national city prior to our acquisition of national city . pnc is no longer engage...
000000225
alcoa and its subsidiaries file income tax returns in the u.s . federal jurisdiction and various states and foreign jurisdictions . with a few minor exceptions , alcoa is no longer subject to income tax examinations by tax authorities for years prior to 2006 . all u.s . tax years prior to 2015 have been audited by the ...
000000226
in 2017 , the company obtained tax benefits from tax holidays in two foreign jurisdictions , the dominican republic and singapore . the company received a permit of operation , which expires in july 2021 , from the national council of free zones of exportation for the dominican republic . companies operating under the ...
000000227
product provided to the endorsers will depend on many factors including general playing conditions , the number of sporting events in which they participate , and our own decisions regarding product and marketing initiatives . in addition , the costs to design , develop , source , and purchase the products furnished to...
000000228
is based on an asset allocation assumption of 25% ( 25 % ) global equities , 18% ( 18 % ) private equities , 41% ( 41 % ) fixed-income securities , and 16% ( 16 % ) absolute return investments independent of traditional performance benchmarks , along with positive returns from active investment management . the actual ...
000000229
five-year performance comparison 2013 the following graph provides an indicator of cumulative total shareholder returns for the corporation as compared to the peer group index ( described above ) , the dow jones , and the s&p 500 . the graph assumes that the value of the investment in the common stock of union pacific ...
000000230
our intangible assets are amortized over their estimated useful lives of 1 to 13 years as shown in the table below . amortization is based on the pattern in which the economic benefits of the intangible asset will be consumed . weighted average useful life ( years ) .[['', 'weighted average useful life ( years )'], ['p...
000000231
a reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows: .[['', '2013', '2012', '2011'], ['balance january 1', '$ 4425', '$ 4277', '$ 4919'], ['additions related to current year positions', '320', '496', '695'], ['additions related to prior year positions', '177', '58', '145'], ['...
000000232
damages to natural resources allegedly caused by the discharge of hazardous substances from two former waste disposal sites in new jersey . during the fourth quarter , the company negotiated a settlement of new jersey 2019s claims . under the terms of the settlement , the company will transfer to the state of new jerse...
000000233
awards . awards granted under the 2006 plan prior to december 5 , 2008 became fully vested and nonforfeitable upon the closing of the merger . awards may be granted under the 2006 plan , as amended and restated , after december 5 , 2008 only to employees and consultants of allied waste industries , inc . and its subsid...
000000234
schlumberger limited and subsidiaries shares of common stock ( stated in millions ) issued in treasury shares outstanding .[['', 'issued', 'in treasury', 'shares outstanding'], ['balance january 1 2010', '1334', '-139 ( 139 )', '1195'], ['acquisition of smith international inc .', '100', '76', '176'], ['shares sold to ...
000000235
our previously announced stock repurchase program , and any subsequent stock purchase program put in place from time to time , could affect the price of our common stock , increase the volatility of our common stock and could diminish our cash reserves . such repurchase program may be suspended or terminated at any tim...
000000236
united parcel service , inc . and subsidiaries notes to consolidated financial statements 8.375% ( 8.375 % ) debentures the 8.375% ( 8.375 % ) debentures consist of two separate tranches , as follows : 2022 $ 276 million of the debentures have a maturity of april 1 , 2030 . these debentures have an 8.375% ( 8.375 % ) i...
000000237
the fair value measurements of the borrowings under our credit agreement and receivables facility are classified as level 2 within the fair value hierarchy since they are determined based upon significant inputs observable in the market , including interest rates on recent financing transactions with similar terms and ...
000000238
notes to consolidated financial statements ( continued ) goodwill and other intangible assets : goodwill and other indefinite-lived assets are tested for impairment annually or more frequently if events or changes in circumstances indicate that the assets might be impaired . annual impairment tests are performed by the...
000000239
devon energy corporation and subsidiaries notes to consolidated financial statements 2013 ( continued ) restricted stock awards and units restricted stock awards and units are subject to the terms , conditions , restrictions and limitations , if any , that the compensation committee deems appropriate , including restri...
000000240
ineffective portion of the hedges or of derivatives that are not considered to be highly effective hedges , if any , are immediately recognized in earnings . the aggregate notional amount of our outstanding interest rate swaps at december 31 , 2014 and 2013 was $ 1.3 billion and $ 1.2 billion . the aggregate notional a...
000000241
net impairment we recognized $ 16.9 million and $ 14.9 million of net impairment during the years ended december 31 , 2012 and 2011 , respectively , on certain securities in our non-agency cmo portfolio due to continued deterioration in the expected credit performance of the underlying loans in those specific securitie...
000000242
stock performance graph the following graph compares the most recent five-year performance of the company 2019s common stock with ( 1 ) the standard & poor 2019s 500 ae index and ( 2 ) the standard & poor 2019s 500 ae materials index , a group of 25 companies categorized by standard & poor 2019s as active in the 201cma...
000000243
contractual obligations and commercial commitments future payments due from garmin , as of december 30 , 2006 , aggregated by type of contractual obligation .[['contractual obligations', 'payments due by period total', 'payments due by period less than 1 year', 'payments due by period 1-3 years', 'payments due by perio...
000000244
notes to consolidated financial statements j.p . morgan chase & co . 104 j.p . morgan chase & co . / 2003 annual report notes to consolidated financial statements j.p . morgan chase & co . conduits . commercial paper issued by conduits for which the firm acts as administrator aggregated $ 11.7 billion at december 31 , ...
000000245
at december 31 , 2013 , the aggregate amount of investment grade funded loans was $ 6.5 billion and the aggregate amount of non-investment grade funded loans was $ 7.9 billion . in connection with these corporate lending activities ( which include corporate funded and unfunded lending commitments ) , the company had he...
000000246
teleflex incorporated notes to consolidated financial statements 2014 ( continued ) in june 2014 , the company initiated programs to consolidate locations in australia and terminate certain european distributor agreements in an effort to reduce costs . as a result of these actions , the company incurred aggregate restr...
000000247
entergy corporation and subsidiaries management's financial discussion and analysis net revenue utility following is an analysis of the change in net revenue comparing 2011 to 2010 . amount ( in millions ) .[['', 'amount ( in millions )'], ['2010 net revenue', '$ 5051'], ['mark-to-market tax settlement sharing', '-196 ...
000000248
$ 190 million , or 30% ( 30 % ) of pre-tax earnings before equity earnings . during the 2009 second quarter , in connection with the evaluation of the company 2019s etienne mill in france , the company determined that the future realization of previously recorded deferred tax assets in france , including net operating ...
000000249
employee benefit plans sysco has defined benefit and defined contribution retirement plans for its employees . also , the company contributes to various multi-employer plans under collective bargaining agreements and provides certain health care benefits to eligible retirees and their dependents . sysco maintains a qua...
000000250
n o t e s t o c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s ( continued ) ace limited and subsidiaries there are no statutory restrictions on the payment of dividends from retained earnings by any of the bermuda subsidiaries as the minimum statutory capital and surplus requirements are satisfied by the ...
000000251
yogurt business in china and simultaneously entered into a new yoplait license agreement with the purchaser for their use of the yoplait brand . we recorded a pre-tax gain of $ 5.4 million . during the fourth quarter of fiscal 2018 , we acquired blue buffalo pet products , inc . ( 201cblue buffalo 201d ) for an aggrega...
000000252
after , including a reduction in the u.s . federal corporate income tax rate from 35% ( 35 % ) to 21% ( 21 % ) . the 2017 tax act makes broad and complex changes to the u.s . tax code including , but not limited to , the repeal of the irc section 199 domestic production activities deduction in 2018 and accelerated depr...
000000253
visa inc . notes to consolidated financial statements 2014 ( continued ) september 30 , 2008 ( in millions , except as noted ) volume and support incentives the company has agreements with customers for various programs designed to build sales volume and increase the acceptance of its payment products . these agreement...
000000254
entergy louisiana , inc . management's financial discussion and analysis results of operations net income 2004 compared to 2003 net income decreased $ 18.7 million primarily due to lower net revenue , partially offset by lower other operation and maintenance expenses . 2003 compared to 2002 net income increased slightl...
000000255
contractual obligations the following table includes aggregated information about citigroup 2019s contractual obligations that impact its short- and long-term liquidity and capital needs . the table includes information about payments due under specified contractual obligations , aggregated by type of contractual oblig...
000000256
in reporting environmental results , the company classifies its gross exposure into direct , assumed reinsurance , and london market . the following table displays gross environmental reserves and other statistics by category as of december 31 , 2011 . summary of environmental reserves as of december 31 , 2011 .[['', '...
000000257
management 2019s discussion and analysis jpmorgan chase & co . 78 jpmorgan chase & co . / 2005 annual report immediate changes in interest rates present a limited view of risk , and so a number of alternative scenarios also are reviewed . these scenarios include the implied forward curve , nonparallel rate shifts and s...
000000258
republic services , inc . notes to consolidated financial statements 2014 ( continued ) the plan to reflect the allied acquisition . the 2006 plan , as amended and restated , provides for the grant of non- qualified stock options , incentive stock options , shares of restricted stock , shares of phantom stock , stock b...
000000259
goodwill and other intangible assets goodwill goodwill represents the excess of the purchase price over the fair value of identifiable net assets acquired in a business combination . the company 2019s reporting units are its operating segments . during the second quarter of 2017 , the company completed its scheduled an...
000000260
management 2019s discussion and analysis liquidity risk management liquidity is of critical importance to financial institutions . most of the failures of financial institutions have occurred in large part due to insufficient liquidity . accordingly , the firm has in place a comprehensive and conservative set of liquid...
000000261
4 . acquisitions and dispositions acquisitions the company makes acquisitions that align with its strategic business objectives . the assets and liabilities of the acquired entities have been recorded as of the acquisition date , at their respective fair values , and are included in the consolidated balance sheet . the...
000000262
jpmorgan chase & co./2015 annual report 127 receivables from customers receivables from customers primarily represent margin loans to prime and retail brokerage clients that are collateralized through a pledge of assets maintained in clients 2019 brokerage accounts which are subject to daily minimum collateral requirem...
000000263
intangible asset amortization expense amounted to $ 12 million , $ 4 million and $ 4 million for the years ended december 31 , 2018 , 2017 and 2016 , respectively . estimated amortization expense for the next five years subsequent to december 31 , 2018 is as follows: .[['', 'amount'], ['2019', '$ 15'], ['2020', '13'], ...
000000264
grants of restricted awards are subject to forfeiture if a grantee , among other conditions , leaves our employment prior to expiration of the restricted period . new grants of restricted awards generally vest one year after the date of grant in 25% ( 25 % ) increments over a four year period , with the exception of ts...
000000265
dish network corporation notes to consolidated financial statements - continued this transaction was accounted for as a business combination using purchase price accounting . the allocation of the purchase consideration is in the table below . purchase allocation ( in thousands ) .[['', 'purchase price allocation ( in ...
000000266
have approximately offsetting effects from actual underlying payables , receivables , intercompany loans or other assets or liabilities subject to foreign exchange remeasurement . currency 2010 maturity ( in $ millions ) .[['currency', '2010 maturity ( in $ millions )'], ['euro', '-372 ( 372 )'], ['british pound sterli...
000000267
notes to consolidated financial statements derivatives with credit-related contingent features certain of the firm 2019s derivatives have been transacted under bilateral agreements with counterparties who may require the firm to post collateral or terminate the transactions based on changes in the firm 2019s credit rat...
000000268
page 51 of 98 notes to consolidated financial statements ball corporation and subsidiaries 3 . acquisitions ( continued ) effective january 1 , 2007 . the acquisition has been accounted for as a purchase and , accordingly , its results have been included in the consolidated financial statements since march 27 , 2006 . ...
000000269
revenues by segment the table below summarizes our revenues by reporting segment ( in millions ) : .[['', '2016', '2015', '2014'], ['ifs', '$ 4566', '$ 3846', '$ 3679'], ['gfs', '4250', '2360', '2198'], ['corporate & other', '425', '390', '536'], ['total consolidated revenues', '$ 9241', '$ 6596', '$ 6413']]integrated ...
000000270
management performs detailed reviews of its receivables on a monthly and/or quarterly basis to assess the adequacy of the allowances based on historical and current trends and other factors affecting credit losses and to determine if any impairment has occurred . a receivable is impaired when it is probable that all am...
000000271
american tower corporation and subsidiaries notes to consolidated financial statements as of december 31 , 2012 , 2011 and 2010 , accumulated other comprehensive ( loss ) income included the following items related to derivative financial instruments ( in thousands ) : .[['', '2012', '2011', '2010'], ['deferred loss on...
000000272
performance graph the table below compares the cumulative total shareholder return on our common stock with the cumulative total return of ( i ) the standard & poor 2019s 500 composite stock index ( 201cs&p 500 index 201d ) , ( ii ) the standard & poor 2019s industrials index ( 201cs&p industrials index 201d ) and ( ii...
000000273
contractual commitments we have contractual obligations and commitments in the form of capital leases , operating leases , debt obligations , purchase commitments , and certain other liabilities . we intend to satisfy these obligations through the use of cash flow from operations . the following table summarizes the ex...
000000274
table of contents cdw corporation and subsidiaries notes to consolidated financial statements deferred financing costs deferred financing costs , such as underwriting , financial advisory , professional fees and other similar fees are capitalized and recognized in interest expense , net over the estimated life of the r...
000000275
table of contents hologic , inc . notes to consolidated financial statements ( continued ) ( in thousands , except per share data ) cytyc , headquartered in marlborough , massachusetts , is a diversified diagnostic and medical device company that designs , develops , manufactures , and markets innovative and clinically...
000000276
establishing our alll . based upon outstanding balances at december 31 , 2015 , the following table presents the periods when home equity lines of credit draw periods are scheduled to end . table 32 : home equity lines of credit 2013 draw period end in millions interest only product principal and interest product .[['i...
000000277
consumer loan balances , net of unearned income .[['in billions of dollars', 'end of period 2008', 'end of period 2007', 'end of period 2006', 'end of period 2008', 'end of period 2007', '2006'], ['on-balance-sheet ( 1 )', '$ 515.7', '$ 557.8', '$ 478.2', '$ 548.8', '$ 516.4', '$ 446.2'], ['securitized receivables ( al...
000000278
the remaining change in other expense was driven primarily by changes on foreign currency exchange instruments as further discussed in note 7 in 201citem 8 . financial statements and supplementary data 201d of this report . income taxes .[['', '2018', '2017'], ['current expense ( benefit )', '$ -70 ( 70 )', '$ 112'], [...
000000279
management 2019s discussion and analysis 120 jpmorgan chase & co./2014 annual report wholesale credit portfolio the firm 2019s wholesale businesses are exposed to credit risk through underwriting , lending and trading activities with and for clients and counterparties , as well as through various operating services suc...
000000280
american tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) 3.00% ( 3.00 % ) convertible notes 2014the 3.00% ( 3.00 % ) convertible notes due august 15 , 2012 ( 3.00% ( 3.00 % ) notes ) mature on august 15 , 2012 , and interest is payable semi-annually in arrears on februar...
000000281
american tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) ati 7.25% ( 7.25 % ) notes 2014during the year ended december 31 , 2006 , the company repurchased in privately negotiated transactions $ 74.9 million principal amount of ati 7.25% ( 7.25 % ) notes for $ 77.3 millio...
000000282
republic services , inc . notes to consolidated financial statements 2014 ( continued ) credit exposure , we continually monitor the credit worthiness of the financial institutions where we have deposits . concentrations of credit risk with respect to trade accounts receivable are limited due to the wide variety of cus...
000000283
the weighted-average grant date fair value of altria group , inc . restricted stock and deferred stock granted during the years ended december 31 , 2014 , 2013 and 2012 was $ 53 million , $ 49 million and $ 53 million , respectively , or $ 36.75 , $ 33.76 and $ 28.77 per restricted or deferred share , respectively . th...
000000284
the graph below shows a five-year comparison of the cumulative shareholder return on the company's common stock with the cumulative total return of the s&p small cap 600 index and the russell 1000 index , both of which are published indices . comparison of five-year cumulative total return from december 31 , 2005 to de...
000000285
with respect to our business operations , we are standardizing certain core business processes , primarily through our execution of the state street lean methodology , and driving automation of these business processes . we are currently creating a new technology platform , including transferring certain core software ...
000000286
humana inc . notes to consolidated financial statements 2014 ( continued ) value , or the excess of the market value over the exercise or purchase price , of stock options exercised and restricted stock awards vested during the period . the actual tax benefit realized for the deductions taken on our tax returns from op...
000000287
evaluation of accounts receivable aging , specifi c expo- sures and historical trends . inventory we state our inventory at the lower of cost or fair market value , with cost being determined on the fi rst-in , fi rst-out ( fifo ) method . we believe fifo most closely matches the fl ow of our products from manufacture ...
000000288
advance payments and billings in excess of revenues - payments received in excess of inventoried costs and revenues are recorded as advance payment liabilities . property , plant , and equipment - depreciable properties owned by the company are recorded at cost and depreciated over the estimated useful lives of individ...
000000289
supplementary information on oil and gas producing activities ( unaudited ) c o n t i n u e d summary of changes in standardized measure of discounted future net cash flows relating to proved oil and gas reserves ( in millions ) 2004 2003 2002 sales and transfers of oil and gas produced , net of production , transporta...
000000290
.[['( $ in millions except per share amounts )', 'year ended december 31 2014 1st qtr', 'year ended december 31 2014 2nd qtr', 'year ended december 31 2014 3rd qtr', 'year ended december 31 2014 4th qtr ( 3 )'], ['sales and service revenues', '$ 1594', '$ 1719', '$ 1717', '$ 1927'], ['operating income ( loss )', '159',...
000000291
costs and expenses our total costs and expenses were as follows: .[['( in millions )', 'fiscal years ended march 31 2018', 'fiscal years ended march 31 2017 ( 1 )', 'fiscal years ended april 1 2016 ( 1 )', 'fiscal years ended 2018', 'fiscal years ended 2017 ( 1 )', '2016 ( 1 )'], ['costs of services ( excludes deprecia...
000000292
2011 , effectively handling the 3% ( 3 % ) increase in carloads . maintenance activities and weather disruptions , combined with higher volume levels , led to a 4% ( 4 % ) decrease in average train speed in 2010 compared to a record set in 2009 . average terminal dwell time 2013 average terminal dwell time is the avera...
000000293
jpmorgan chase & co . / 2008 annual report 115 measure . in the firm 2019s view , including these items in var produces a more complete perspective of the firm 2019s risk profile for items with market risk that can impact the income statement . the consumer lending var includes the firm 2019s mortgage pipeline and ware...
000000294
dollar general corporation and subsidiaries notes to consolidated financial statements ( continued ) 1 . basis of presentation and accounting policies ( continued ) property and equipment property and equipment are recorded at cost . the company provides for depreciation and amortization on a straight-line basis over t...
000000295
part iii item 10 . directors and executive officers of the registrant . pursuant to section 406 of the sarbanes-oxley act of 2002 , we have adopted a code of ethics for senior financial officers that applies to our principal executive officer and principal financial officer , principal accounting officer and controller...
000000296
administering and litigating product liability claims . litigation defense costs are influenced by a number of factors , including the number and types of cases filed , the number of cases tried annually , the results of trials and appeals , the development of the law controlling relevant legal issues , and litigation ...
000000297
other operating/performance and financial statistics we report key railroad performance measures weekly to the association of american railroads ( aar ) , including carloads , average daily inventory of rail cars on our system , average train speed , and average terminal dwell time . we provide this data on our website...
000000298
contractually committed revolving bank credit agreement and $ 1.0 billion of commercial paper- based financing based on eligible receivable balan- ces under a receivables securitization program , which management believes are adequate to cover expected operating cash flow variability during the current economic cycle ....
000000299
11 . borrowings short-term borrowings the carrying value of short-term borrowings at december 31 , 2012 and 2011 , included $ 100 million under the 2012 revolving credit facility and $ 100 million under the 2011 revolving credit facility , respectively . 2012 revolving credit facility . in march 2011 , the company ente...