Relatively stable revenues and cash flows Good customer and geographic diversification Satisfactory market position, particularly in food and support services Risk of future food cost inflation Uncertainty whether probable health care cost increases in 2014 can be passed along to customers Very aggressive financial policy Highly leveraged capital structure requiring significant cash flow to fund interest expense and capital expenditures The stable outlook reflects our forecast that profitability will grow modestly and credit measures will slowly improve. We could lower the rating if ARAMARK's liquidity declines or if credit ratios weaken, with leverage exceeding 7x. This could happen if EBITDA drops about 20% or if the company pays a $1.5 billion debt-financed dividend to its owners. It's more likely that
