(Editor's note: In the original version of this article, Chart 1, omitted some recent quarterly data. A corrected version follows.) About 70% of sales from products with leading positions within their respective markets Above-average product, customer, and geographic diversity A sound operating strategy based on lean manufacturing, Six Sigma initiatives, and new product development, all of which can lead to sustainable earnings growth Substantial discretionary free cash flow generation, which provides the company with ample flexibility to pursue shareholder-friendly activities without impairing important bondholder credit protection measures Several possible substantial contingent liabilities, including lawsuits, open tax audits, and SEC investigations that have uncertain outcomes. We have factored into our ratings the potential for up to $4 billion of these contingent
