Cautionary notes

 

1. The availability and reliability of up to date information on private companies is limited and varies from country to country, thus this list may be incomplete.
2. Revenue is only one of many ways of measuring company size and it is not the most appropriate for all purposes. Using a different measure, such as total assets or market capitalisation, would produce a fundamentally different list.
3. Many major companies, especially outside the USA, do not have a December 31 year end, so the figures are for years to a variety of dates.
4. This list is shown in U.S. dollars, but many of the companies on it prepare their accounts in other currencies. The value of their revenue in dollar terms may change substantially in a short period of time due to exchange rate fluctuations.
5. Figures are latest full year consolidated results; the year these results were reported in is shown beside them.
6. To ensure comparability between banks, gross income is considered as revenue.

List of companies by revenue

Rank	Company name	Primary industry	Revenue (USD billion)	Fiscal Year	Market capitalization (Dec 2010, USD million)[1]	Employees	Primary Stock listing	Headquarters	CEO
1	Walmart	Retail	$421.849[2]	January 31, 2011	$192,098	2,150,000	NYSE: WMT	Bentonville, Arkansas, United States	Michael Duke
2	ExxonMobil	Oil and gas	$370.125[3]	2010	$368,711	83,600[3]	NYSE: XOM	Irving, Texas, United States	Rex W. Tillerson
3	Royal Dutch Shell	Oil and gas	$368.056[4]	2010	$208,594	112,000	LSE: RDSA	The Hague, Netherlands andLondon, United Kingdom	Peter Voser
4	BP	Oil and gas	$297.107[5]	2010	$137,042	97,600	LSE: BP	London, United Kingdom	Robert Dudley
5	Sinopec	Oil and gas	$289.774[6]	2010	$101,583	400,513	SSE: 600028 ,SEHK: 0386	Beijing, China	Jiming Wang
6	State Grid Corporation of China	Electricity	$231.556[7]	2010	–	1,564,001	Government-owned	Beijing, China	Liu Zhenya
7	Toyota Motors	Automotive	$228.247[8]	March 31, 2011	$136,891	316,121	TYO: 7203	Toyota, Aichi, Japan	Fujio Cho
8	PetroChina	Oil and gas	$221.955[9]	2010	$303,274	464,000	SSE: 601857 ,SEHK: 0857	Beijing, China	Zhou Jiping
9	Total S.A.	Oil and gas	$212.815[10]	2010	$124,916	111,401	Euronext: FP	Courbevoie, France	Christophe de Margerie
10	Japan Post Holdings	Conglomerate	$211.080[11]	March 31, 2011	–	229,134	Government-owned	Tokyo, Japan	Jiro Saito
11	Chevron	Oil and gas	$204.928[12]	2010	$183,634	61,533	NYSE: CVX	San Ramon, California, United States	David J. O’Reilly
12	ConocoPhillips	Oil and gas	$198.655[13]	2010	$100,054	29,700	NYSE: COP	Houston, Texas, United States	James Mulva
13	Vitol	Raw material	$195.0[14]	January 10, 2011	–	–	Private	Rotterdam, Netherlands and Geneva, Switzerland	Ian Taylor
14	Saudi Aramco	Oil and gas	$182.396[15]	2009	–	54,441	Government-owned	Dhahran, Saudi Arabia	Waleed Al-Bedaiwi
15	Volkswagen Group	Automotive	$169.53[16]	2010	$69,620	329,305	ISIN: DE0007664005	Wolfsburg, Germany	Martin Winterkorn
16	Fannie Mae	Financial services	$154.270[17]	2010	–	7,300	–	Washington, D.C., United States	Mike Williams
17	General Electric	Conglomerate	$150.211[18]	2010	$194,875	287,000	NYSE: GE	Fairfield, Connecticut, United States	Jeffrey Immelt
18	Glencore	Raw materials	$144.978[19]	2010	–	52,000	LSE: GLEN ,SEHK: 0805	Baar, Switzerland	Ivan Glasenberg
19	Allianz	Financial services	$142.24[20]	2010	$54,223	151,388	ISIN: DE0008404005	Munich, Germany	Michael Diekmann
20	ING Group	Financial services	$140.729[21]	2010	$37,407	107,106	Euronext: INGA	Amsterdam, Netherlands	Jan Hommen
21	Berkshire Hathaway	Conglomerate	$136.185[22]	2010	$198,307	217,000	NYSE: BRKA ,NYSE: BRKB	Omaha, Nebraska, United States	Warren Buffett
22	Samsung Electronics	Conglomerate	$135.772[23]	2010	$136,229	275,000	KRX: 005930 , KRX:005935	Seoul, South Korea	Lee Kun-hee
23	General Motors	Automotive	$135.592[24]	2010	$57,933	284,000	NYSE: GM	Detroit, Michigan, United States	Daniel Akerson
25	Eni	Oil and gas	$131.292[25]	2010	$87,800	78,417	BIT: ENI	Rome, Italy	Paolo Scaroni
26	Daimler AG	Automotive	$130.628[26]	2010	$72,220	260,100[26]	FWB: DAI	Stuttgart, Germany	Dieter Zetsche
28	Ford Motor Company	Automotive	$128.954[27]	2010	$72,220	327,531	NYSE: F	Dearborn, Michigan, United States	Alan Mulally
29	Hewlett-Packard	Information technology	$127.245[28]	October 31, 2011	$92,217	266,590	NYSE: HPQ	Palo Alto, California, United States	Meg Whitman
30	Nippon Telegraph and Telephone	Telecommunications	$124.517[29]	March 31, 2011	$65,641	205,288	TYO: 9432	Tokyo, Japan	Norio Wada
31	AT&T	Telecommunications	$124.28[30]	2010	$173,636	321,000	NYSE: T	Dallas, Texas, United States	Randall L. Stephenson
32	E.ON	Electricity; gas	$124.084[31]	2010	$61,567	85,105	FWB: EOAN	Düsseldorf, Germany	Johannes Teyssen
33	Carrefour	Retailing	$122.280[32]	2010	$29,173	475,976	Euronext: CA	Levallois-Perret, France	Lars Olofsson
34	AXA	Financial services	$121.577[33]	2010	$38,750	189,927	Euronext: CS	Paris, France	Henri de Castries
35	Assicurazioni Generali	Insurance	$121.299[34]	2010	$29,679	85,368	BIT: G	Trieste, Italy	Sergio Balbinot,Giovanni Perissinotto
36	Petrobras	Oil and gas	$120.052[35]	2010	$229,067	80,492	Bovespa: PETR3 ,4	Rio de Janeiro, Brazil	José Sérgio Gabrielli de Azevedo
37	Cargill	Agriculture	$119.469[36]	May 31, 2011	–	158,000	Private	Wayzata, Minnesota, United States	Greg Page
38	JX Holdings	Energy	$116.414[37]	March 31, 2011	$17,900[38]	–	TYO: 5020	Japan	–
39	GDF Suez	Public utilities	$112.88[39]	2010	$81,043	160,700	Euronext: SZE	Paris, France	Gérard Mestrallet
40	Hitachi, Ltd.	Conglomerate	$112.239[40]	March 31, 2011	$24,121	361,745	TYO: 6501	Tokyo, Japan	Etsuhiko Shoyama
41	McKesson Corporation	Health care	$112.084[41]	March 31, 2011	$19,800[38]	31,800	NYSE: MCK	San Francisco, California, United States	John Hammergren
42	Gazprom	Oil and Gas	$111.808[42]	2010	$150,058	432,000	RTS:GAZP	Moscow, Russia	Alexei Miller
43	Bank of America	Banking	$111.39[43]	2010	$134,536	203,425	NYSE: BAC	Charlotte, North Carolina, United States	Brian Moynihan
44	Tesco	Retailing	$110.85[44]	June 14, 2011	$53,430	492,714	LSE: TSCO	Cheshunt, United Kingdom	Philip Clarke
45	Federal Home Loan Mortgage Corporation	Financial services	$109.956[45]	2010	–	5,000	–	McLean, Virginia, United States	Richard F. Syron
46	Apple Inc.	Electronics	$108.249[46]	September 25, 2011	$295,886	63,300	NASDAQ: AAPL	Cupertino, California, United States	Tim Cook
47	Honda	Automotive	$107.985[47]	March 31, 2011	$71,805	181,876[48]	TYO: 7267	Tokyo, Japan	Takanobu Ito
48	Verizon	Telecommunications	$106.565[49]	2010	$101,142	203,100	NYSE: VZ	Basking Ridge, New Jersey, United States	Ivan Seidenberg
49	Nissan Motors	Automotive	$105.523[50]	March 31, 2011	$43,086	127,625	TYO: 7201	Yokohama, Japan	Carlos Ghosn
50	Panasonic Corporation	Electronics	$105.035[51]	March 31, 2011	$34,873	290,493	TYO: 6752	Kadoma, Osaka, Japan	Kunio Nakamura
51	Nestlé	Food processing	$104.972[52]	2010	$203,534	253,000	SIX: NESN	Vevey, Vaud, Switzerland	Paul Bulcke
52	LUKoil	Oil and Gas	$104.956[53]	2010	$48,537	150,000	RTS:LKOH	Moscow, Russia	Vagit Alekperov
53	Pemex	Oil and gas	$103.538[54]	2010	–	138,215	Government-owned	Mexico City, Mexico	Juan José Suárez Coppel
54	Hon Hai Precision Industry	Electronics	$102.855[55]	2010	$38,935	920,000	TWSE: 2317	Tucheng, Taiwan	Terry Gou
55	JPMorgan Chase	Financial Services	$102.694[56]	2010	$165,827	176,000	NYSE: JPM	New York City, United States	Jamie Dimon
56	Cardinal Health	Health care	$102.644[57]	June 30, 2011	$14,200[38]	40,000	NYSE: CAH	Dublin, Ohio, United States	George Barrett
57	Koch Industries	Conglomerate	$100.0[58]	2009 est.	–	80,000	Private	Wichita, Kansas, United States	Charles Koch
58	Petróleos de Venezuela	Oil and gas	$94.929[59]	2010	–	67,900	Government-owned	Caracas, Venezuela	Rafael Ramírez
59	IBM	Information technology	$106.9[60]	2011	$182,329	426,752[60]	NYSE: IBM	Armonk, New York, United States	Ginni Rometty
60	Siemens AG	Conglomerate	$98.870[61]	September 30, 2011	$113,690	405,000	FWB: SIE	Munich, Germany	Peter Löscher
61	Hyundai Motors	Automotive	$98.858[62]	2010	$33,675	117,000	KRX: 005380	Seoul, South Korea	Chung Mong-Koo
62	Enel	Electricity generation	$97.782[63]	2010	$47,180	58,548	BIT: ENEL	Rome, Italy	Fulvio Conti
63	CVS Caremark	Retailing	$96.413[64]	2010	$47,246	160,000	NYSE: CVS	Woonsocket, Rhode Island, United States	Tom Ryan
64	Lloyds Banking Group	Financial Services	$95.342[65]	2010	$70,023	72,000	LSE: LLOY	London, United Kingdom	António Horta-Osório
65	UnitedHealth Group	Health care	$94.155[66]	2010	$39,719	87,000	NYSE: UNH	Minnetonka, Minnesota, United States	Stephen Hemsley
66	Rosneft	Oil and gas	$91.975[67]	2011	$75,979	106,000	RTS:ROSN	Moscow, Russia	Igor Sechin
67	Statoil	Oil and gas	$90.733[68]	2010	$76,034	30,344[69]	OSE: STL	Stavanger, Norway	Helge Lund
68	Metro AG	Retailing	$89.87[70]	2010	$23,427	263,794	ISIN: DE0007257503	Düsseldorf, Germany	Eckhard Cordes
69	Aviva	Financial services	$89.890[71]	2010	$20,500[38]	59,000	LSE: AV.	London, United Kingdom	Andrew Moss
70	Electricité de France	Electricity generation	$87.073[72]	2010	$76,133	156,152	Euronext: EDF	Paris, France	Henri Proglio
71	Costco	Retailing	$87.048[73]	August 28, 2011	$31,521	132,000	NASDAQ: COST	Issaquah, Washington, United States	Jim Sinegal
72	Citigroup	Financial services	$86.601[74]	2010	$137,407	299,000	NYSE: C	New York City, United States	Vikram Pandit
73	National Mutual Insurance Federation of Agricultural Cooperatives	Insurance	$86.547[75]	March 31, 2011	–	6,248	Mutual	Tokyo, Japan	Kazumi Imao
74	Sony	Electronics	$86.521[76]	March 31, 2011	$36,255	167,900	TYO: 6758	Tokyo, Japan	Howard Stringer
75	BASF	Chemical Industry	$85.347[77]	2010	$73,560	109,140[78]	FWB: BAS	Ludwigshafen am Rhein, Germany	Kurt Bock
76	Wells Fargo	Banking / Financial services	$85.21[79]	2010	$162,659	160,000	NYSE: WFC	San Francisco, California, United States	John Stumpf
77	Société Générale	Financial Services	$84.868[80]	2010	$40,274	120,000	Euronext: GLE	Paris, France	Frédéric Oudéa
78	Kuwait Petroleum Corporation	Oil and gas	$84.594[81]	March 31, 2010	–	18,500	Government-owned	Kuwait City, Kuwait	Saad Al Shuwaib
79	Deutsche Telekom	Telecommunications	$83.407[82]	2010	$55,972	246,777[83]	ISIN: DE0005557508	Bonn, Germany	René Obermann
80	Procter & Gamble	Consumer goods	$82.559[84]	June 30, 2011	$180,072	129,000	NYSE: PG	Cincinnati, Ohio, United States	Robert A. “Bob” McDonald
81	Industrial and Commercial Bank of China	Banking	$82.536[85]	2010	$233,369	301,537	SSE: 601398 ,SEHK: 1398	Beijing, China	Jiang Jianqing
82	Valero Energy	Oil and gas	$82.233[86]	2010	$15,900[38]	22,000	NYSE: VLO	San Antonio, Texas, United States	Bill Klesse
83	Kroger	Retailing	$82.189[87]	January 29, 2011	$15,200[38]	334,000[87]	NYSE: KR	Cincinnati, Ohio, United States	David Dillon
84	Nippon Life Insurance	Insurance	$81.315[88]	March 31, 2011	–	67,348	Mutual	Chūō-ku, Osaka, Japan	Kunie Okamoto
85	Telefónica	Telecommunications	$80.938[89]	2010	$103,872	173,554	Euronext: TFA	Madrid, Spain	César Alierta
86	BMW	Automotive	$80.809[90]	2010	$50,288	104,342	ISIN: DE0005	Munich, Germany	Norbert Reithofer
87	Repsol YPF	Oil and Gas	$80.747[91]	2010	$34,149	41,017	BMAD: REP	Madrid, Spain	Antonio Brufau
88	Archer Daniels Midland	Agriculture, Food processing	$80.676[92]	June 30, 2011	$19,218	30,000	NYSE: ADM	Decatur, Illinois, United States	Patricia A. Woertz
89	AmerisourceBergen	Health care	$80.218[93]	September 30, 2011	$10,100[38]	12,300	NYSE: ABC	Chesterbrook, Pennsylvania, United States	R. David Yost
90	HSBC	Financial services	$80.014[94]	2010	$180,289	302,000[95]	LSE: HSBA	London, United Kingdom	Stuart Gulliver
91	SK Group	Conglomerate	$79.603[96]	2010	$4,300[38]		KRX: 003600	Seoul, South Korea	Choi Tae-Won
92	National Iranian Oil Company	Oil and gas	$79.277[15]	2009	–	36,000	Government-owned	Tehran, Iran	Masoud Mir Kazemi
93	Trafigura	Raw materials	$79.2[97]	2010	–	4,000	Private	Lucerne, Switzerland	?
94	ArcelorMittal	Steel	$78.025[98]	2010	$59,428	273,811	Euronext: MT ,NYSE: MT ,LuxSE: MT	Luxembourg City, Luxembourg	Lakshmi Mittal
95	American International Group	Financial services	$77.301[99]	2010	$67,100[38]	86,000	NYSE: AIG	New York City, United States	Robert Benmosche
96	Toshiba	Conglomerate	$77.090[100]	March 31, 2011	$23,094	199,000	TYO: 6502	Tokyo, Japan	Tadashi Okamura
97	Petronas	Oil and gas	$76.822[101]	March 31, 2011	–	33,944	Government-owned	Kuala Lumpur, Malaysia	Tan Sri Dato Sri Mohd Hassan Marican
98	Indian Oil Corporation	Oil and Gas	$75.632[102]	March 31, 2011	$18,624	36,127	NSE: IOC	New Delhi, India	B.M.Bansal
99	Fiat	Conglomerate	$75.172[103]	2010	$25,346	162,237	BIT: F	Turin, Italy	Sergio Marchionne
100	ZEN-NOH	Agricultural marketing	$75.111[104]	March 31, 2011	–	8,530	–	Tokyo, Japan	Katsuyoshi Kitajima
101	PSA Peugeot Citroën	Automotive	$74.909[105]	2010	$8,700[38]	186,220[106]	Euronext: UG	Paris, France	Philippe Varin
102	Vodafone	Telecommunications	$73.635[107]	March 31, 2011	$135,255	83,862	LSE: VOD	London, United Kingdom	Vittorio Colao
100	Marathon Oil	Oil and gas	$73.621[108]	2010	$26,288	28,855	NYSE: MRO	Houston, Texas, United States	Clarence Cazalot, Jr.
101	China Mobile	Telecommunications	$73.520[109]	2010	$199,269	145,934	SEHK: 0941	Hong Kong SAR, China	Li Yue
102	Prudential plc	Banking	$73.337[110]	2010	$28,377	26,000	LSE: PRU	London, United Kingdom	Tidjane Thiam
103	Walgreens	Retailing	$72.184[111]	August 31, 2011	$36,068	238,000[112]	NYSE: WAG	Deerfield, Illinois, United States	Jeff Rein
104	Deutsche Post	Courier	$71.751[113]	2010	$20,599	436,651[114]	ISIN: DE0005552004	Bonn, Germany	Frank Appel
105	BHP Billiton	Mining	$71.739[115]	Jun 30, 2011	$243,540	34,000	LSE: BLT ,ASX: BHP	Melbourne, Victoria, Australia and  London, United Kingdom	Marius Kloppers
106	RWE	Public utilities	$71.246[116]	2010	$37,542	127,028	ISIN: DE0007037129	Essen, Germany	Jürgen Großmann
107	Aegon	Insurance	$71.148[117]	2010	$14,200[38]	29,000	Euronext: AGN	The Hague, Netherlands	Alex Wynaendts
108	REWE Group	Retailing	$70.872[118]	2010	–	325,848	Private	Cologne, Germany	Alain Caparros
109	Dexia	Banking	$70.106[119]	2010	$7,300[38]	34,234	Euronext: DX	Brussels, Belgium	Pierre Mariani
110	Microsoft	Information technology	$69.943[120]	June 30, 2011	$238,785	71,000	NASDAQ: MSFT	Redmond, Washington, United States	Steve Ballmer
111	China Railway Construction Corporation	Infrastructure	$69.118[121]	2010	$13,300[38]	229,070	SEHK: 1186	Beijing, China	Meng Fengchao
112	China Railway Engineering Corporation	Infrastructure	$69.082[122]	2010	$14,800[38]	285,054	SEHK: 390	Beijing, China	Shi Dahua
113	Toyota Tsusho	Sogo shosha	$69.076[123]	March 31, 2011	N/A	20,708	TYO: 8015	Nagoya, Japan	Masaaki Furukawa
114	China Construction Bank	Banking	$68.777[124]	2010	$222,245	313,867	SSE: 601939 ,SEHK: 0939	Beijing, China	Guo Shuqing
115	Home Depot, Inc.	Retailing	$67.997[125]	January 31, 2011	$57,457	317,000	NYSE: HD	Vinings, Georgia, United States	Frank Blake
116	Zurich Financial Services	Insurance	$67.85[126]	2010	$38,069	58,000	SIX: ZURN	Zürich, Switzerland	Martin Senn
117	Pfizer	Health care	$67.809[127]	2010	$140,254	106,000	NYSE: PFE	New York City, United States	Jeff Kindler
118	Philip Morris International	Tobacco industry	$67.713[128]	2010	$106,196	77,300[128]	NYSE: PM	New York, United States	Louis C. Camilleri
119	Groupe BPCE	Banking	$67.303[129]	2010	–	127,000	cooperative	Paris, France	François Pérol
120	Target Corporation	Retailing	$67.390[130]	January 29, 2011	$42,577	352,000	NYSE: TGT	Minneapolis, Minnesota, United States	Gregg Steinhafel
121	Temasek Holdings	Sovereign Wealth Fund	$66.285[131]	March 31, 2011	–	–	Government-owned	Singapore	Suppiah Dhanabalan
122	Medco Health Solutions	Health care	$65.968[132]	December 25, 2010	$26,003	14,800	NYSE: MHS	Franklin Lakes, New Jersey, United States	David B. Snow, Jr.
123	United States Postal Service	Courier	$65.711[133]	September 30, 2011	–	583,908	Government agency	Washington, D.C., United States	John E. Potter
124	Gunvor	Raw material	$65.0[134]	2010	–	–	Private	Nicosia	–
125	Crédit Agricole	Financial Services	$64.800[135]	2010	$30,621	134,000	Euronext: ACA	Paris, France	Jean-Paul Chifflet
126	Tokyo Electric Power	Electricity generation	$64.964[136]	March 31, 2011	$39,291	39,619	TYO: 9501	Tokyo, Japan	Tsunehisa Katsumata
127	Boeing	Aerospace	$64.306[137]	2010	$47,873	157,000	NYSE: BA	Chicago, Illinois, United States	Jim McNerney
128	Barclays Bank	Banking	$63.978[138]	2010	$49,904	77,000	United KingdomLSE: BARC	London, United Kingdom	Bob Diamond
129	State Farm Insurance	Insurance	$63.2[139]	2010	– (Mutual)	68,800	–	Bloomington, Illinois, United States	Edward B. Rust Jr.
130	Bosch Group	Automotive	$63.147[140]	2010	–	270,687	Private	Gerlingen, Germany
131	PTT Public Company Limited	Oil and Gas	$62.998[141]	2010	$30,209	3,681	SET: PTT	Bangkok, Thailand	Prasert Bunsumpun
168	Sonatrach	Oil and gas	$62.989[142]	2010	–	120,000	Government-owned	Algiers, Algeria	Djenane El Malik
132	Royal Bank of Scotland	Financial services	$62.770[143]	2010	$35,763	120,000	LSE: RBS	Edinburgh, Scotland, United Kingdom	Stephen Hester
133	Mitsubishi Corporation	Sogo shosha	$62.733[144]	March 31, 2011	$45,987		TYO: 8058	Tokyo, Japan	Mikio Sasaki
134	Seven & I Holdings Co.	Retailing	$62.436[145]	March 31, 2011	$23,717	55,815	TYO: 382	Tokyo, Japan	Toshifumi Suzuki
135	ÆON	Retailing	$62.153[146]	February 27, 2011	$9,300[38]		TYO: 8267	Tokyo, Japan
136	Agricultural Bank of China	Banking	$62.151[147]	2010	$135,012	444,447	SSE: 601288 ,SEHK: 1288	Beijing, China	Xiang Junbo
137	Johnson & Johnson	Health care	$61.587[148]	2010	$169,856	120,500	NYSE: JNJ	New Brunswick, New Jersey, United States	William C. Weldon
138	Dell	Information technology	$61.494[149]	January 28, 2011	$26,155	95,000	NASDAQ: DELL	Round Rock, Texas, United States	Michael Dell
139	EADS	Aerospace	$60.969[150]	2010	$19,100	109,135	Netherlands (Euronext:EAD )	Schiphol-Rijk, Netherlands	Louis Gallois
140	Munich Re	Financial services	$60.851[151]	2010	$28,684	41,431	ISIN: DE0008430026	Munich, Germany	Nikolaus von Bomhard
141	France Télécom	Telecommunications	$60.801[152]	2010	$55,414	191,000	Euronext: FTE	Paris, France	Stéphane Richard
142	Rio Tinto	Mining	$60.323[153]	2010	$145,389	101,994	ASX: RIO	London, United Kingdom and  City of Melbourne, Australia	Tom Albanese
143	CNP Assurances	Insurance	$59.846[154]	2010	$12,000[38]	4,630	Euronext: CNP	Paris, France	Gilles Benoist
144	Reliance Industries	Conglomerate	$59.679[155]	March 31, 2011	$77,450	23,365	BSE: 500325	Mumbai, India	Mukesh Ambani
145	Legal & General	Financial services	$59.673[156]	2010	$10,800[38]	8,071	LSE: LGEN	London, United Kingdom	Tim Breedon
146	Bank of China	Banking	$59.668[157]	2010	$139,943	279,301	SSE: 601988 ,SEHK: 3988	Beijing, China	Xiao Gang
147	Unilever	Consumer goods	$59.143[158]	2010	$93,044	179,000	Euronext: UNA	London, United Kingdom / Rotterdam, Netherlands	Paul Polman
148	WellPoint	Health care	$58.802[159]	2010	$22,381	42,000	NYSE: WLP	Indianapolis, Indiana, United States	Angela Braly
149	BNP Paribas	Financial Services	$58.632[160]	2010	$76,526	205,300[161]	Euronext: BNP	Paris, France	Baudouin Prot
150	China Life Insurance	Insurance	$58.460[162]	2010	$97,700	118,362	SSE: 601628 ,SEHK: 2628	Beijing, China
174	Woolworths Limited	Retailing	$58.106[163]	June 30, 2011	$31,224	195,000	ASX: WOW	Bella Vista, Australia	Michael Luscombe
151	Edeka Group	Retailing	$57.968[164]	2010	–	302,000	Private	Hamburg, Germany
152	PepsiCo	Food	$57.838[165]	2010	$103,538	–	NYSE: PEP	Purchase, New York, United States	Indra Nooyi
153	Grupo Santander	Banking	$57.388[166]	2010	$88,585	129,749	BMAD: SAN	Santander, Cantabria, Spain	Emilio Botín
154	Auchan	Retailing	$56.778[167]	2010	–	243,000	Private	Croix, Nord, France	Christophe Dubrulle
155	Noble Group	Raw materials	$56.696[168]	2010	$9,600[38]		SGX: N21	Hong Kong	Ricardo Leiman
156	China State Construction Engineering Corp	Infrastructure	$56.104[169]	2010	–	123,579	Government-owned	Beijing, China	Sun Wenjie
157	Banco Bradesco	Banking	$56.104[170]	2010	$67,223	85,577	BM&F Bovespa: BBDC3/BBDC4	Osasco, Brazil	Luiz Carlos Trabuco Cappi
158	A. P. Møller – Mærsk	Transport	$56.090[171]	2010	$39,427	110,000	OMX: MAERSK A ,MAERSK B	Copenhagen, Denmark	Nils Andersen
159	Dongfeng Motor	Automotive	$55.864[172]	2010	–	163,990	Government-owned	Beijing, China	Xu Ping
160	China Southern Power Grid Company	Electricity	$55.825[173]	2010	–	323,958	Government-owned	Guangdong, China	Yuan Maozhen
161	Deutsche Bank	Banking	$55.804[174]	2010	$48,756	82,504	FWB: DBK	Frankfurt am Main, Germany	Josef Ackermann
162	Shanghai Automotive Industry Corporation	Automotive	$55.689[175]	2010	–	109,500	Government-owned	Shanghai, China	Shen Jianhua
177	China Investment Corporation	Sovereign wealth fund	$55.393[176]	2010	–	–	Government-owned	Beijing, China	Lou Jiwei
163	Fujitsu	Electronics	$54.559[177]	March 31, 2011	$12,800[38]	157,044	TYO: 6702	Tokyo, Japan	Hiroaki Kurokawa
164	United Technologies	Conglomerate	$54.326[178]	2010	$72,691	215,000	NYSE: UTX	Hartford, Connecticut, United States	Louis R. Chênevert
165	Credit Suisse	Financial services	$53.771[179]	2010	$47,939	60,477	SIX: CSGN	Zürich, Switzerland	Brady Dougan
166	China National Offshore Oil Corporation	Oil and gas	$53.733[180]	2010	–	65,900	Government-owned	Beijing, China	Wang Yilin
167	Dow Chemical	Chemical Industry	$53.674[181]	2010	$39,627	46,000	NYSE: DOW	Midland, Michigan, United States	Andrew N. Liveris
168	Saint-Gobain	Construction	$53.607[182]	2010	$27,416	208,000	Euronext: SGO	Paris, France	Pierre-André de Chalendar
169	UniCredit	Banking	$53.332[183]	2010	$40,086	170,000	BIT: UCG	Milan, Italy	Federico Ghizzoni
170	Nokia	Telecommunications	$53.322[184]	2010	$38,886	62,763	OMX: NOK1V	Espoo, Finland	Stephen Elop
171	MetLife	Insurance	$52.717[185]	2010	$43,785	83,800	NYSE: MET	New York City, United States	C. Robert Henrikson
172	Renault	Automotive	$52.073[186]	2010	$16,700[38]	121,422	Euronext: RNO	Boulogne-Billancourt, France	Carlos Ghosn
173	Mitsubishi UFJ Financial Group	Banking	$51.479[187]	March 31, 2011	$76,594	57,500	TYO: 8306	Tokyo, Japan	Nobuo Kuroyanagi
174	ThyssenKrupp	Conglomerate	$50.717[188]	September 30, 2011	$21,386	188,000	ISIN: DE0007500001	Essen & Duisburg, Germany	Heinrich Hiesinger
175	Sinochem Group	Conglomerate	$50.632[189]	2010	–	50,073	Government-owned	Beijing, China	Liu Deschu
176	Hoffmann-La Roche	Health care	$50.632[190]	2010	$103,266	80,650	SIX: ROG	Basel, Switzerland	Severin Schwan
177	Novartis	Health care	$50.624[191]	2010	$155,500	100,735	SIX: NOVN	Basel, Switzerland	Joseph Jimenez
178	Best Buy	Retailing	$50.272[192]	Feb. 26, 2011	$12,400[38]	180,000	NYSE: BBY	Richfield, Minnesota, United States	Brian J. Dunn
179	United Parcel Service	Transportation	$49.545[193]	2010	$52,904	400,600	NYSE: UPS	Sandy Springs, Georgia, United States	Scott Davis
163	Lowe’s	Retailing	$48.115[194]	January 28 2011	$33,552	210,000	NYSE: LOW	Mooresville, North Carolina, United States	Robert Niblock
180	Pertamina	Oil and gas	$48.717[195]	2010	–	15,868	Government-owned	Jakarta, Indonesia	Karen Agustiawan
180	Dai-ichi Life	Insurance	$47.855[196]	March 31, 2011	–	56,908	TYO: 8750	Tokyo, Japan
152	Veolia Environnement	Public utilities	$46.482[197]	2010	$32,938	312,590	Euronext: VIE	Paris, France	Antoine Frérot
142	Vale	Mining	$46.481[198]	2010	–	70,785	BM&F Bovespa: VALE3 / VALE5	Rio de Janeiro, Brazil	Murilo Ferreira
170	Deutsche Bahn	Transportation	$45.979[199]	2010	–	276,310	–	Berlin, Germany	Rüdiger Grube
173	Goldman Sachs	Financial services	$45.976[200]	2010	$65,479	30,335	NYSE: GS	New York City, New York, United States	Lloyd Blankfein
171	Lockheed Martin	Aerospace	$45.803[201]	2010	$40,527	140,000	NYSE: LMT	Bethesda, Maryland, United States	Robert J. Stevens
175	Bouygues	Conglomerate	$45.167[202]	2009	$22,157	113,300	Euronext: EN	Paris, France	Martin Bouygues
176	Bayer	Health care	$44.901[203]	2009	–	106,000	FWB: BAYN	Leverkusen, Germany	Marijn Dekkers
179	Imperial Tobacco	Tobacco industry	$44.713[204]	September 30, 2010	–	–	LSE: IMT	Bristol, United Kingdom	Gareth Davis
166	VINCI	Construction	$44.597[205]	2010	$35,334	162,000	Euronext: DG	Rueil-Malmaison, France	Xavier Huillard
169	GlaxoSmithKline	Health care	$44.075[206]	2010	$114,833	100,019	LSE: GSK	London, United Kingdom	Andrew Witty
182	Mitsui & Co.	Sogo shosha	$44.048[207]	March 31, 2010	?	?	TYO: 8045	Tokyo, Japan	–
183	Sears Holdings	Retailing	$44.043[208]	January 30, 2010	$12,660[38]	355,000	NASDAQ: SHLD	Hoffman Estates, Illinois, United States	Louis D’Ambrosio
185	LG Electronics	Conglomerate	$44.000[209]	2010	$13,600[38]	82,772	KRX: 066570	Seoul, South Korea	Koo Bon-joon
185	Shinhan Financial Group	Financial services	$43.975[210]	2009	–	–	KRX: 055550 ,NYSE: SHG	Seoul, South Korea	Sang Hoon Shin
186	Wesfarmers	Retailing	$43.949[211]	June 30, 2010	$32,530	200,000	ASX: WES	Perth, Australia	Bob Every
188	Intel	Semiconductors	$43.623[212]	December 25, 2010	$109,210	82,500	NASDAQ: INTC	Mountain View, California, United States	Paul S. Otellini
189	Sumitomo Life Insurance	Insurance	$43.272[213]	March 31, 2010	–	–	N/A (Mutual)	Osaka, Japan	–
192	Caterpillar	Heavy equipment	$42.588[214]	2010	–	–	NYSE: CAT	Peoria, Illinois, USA	Douglas R. Oberhelman
194	Sanofi	Health care	$42.218[215]	2009	$102,849	96,439	Euronext: SAN	Paris, France	Chris Viehbacher
195	Chrysler	Automotive	$41.946[216]	2010	N/A	–	Private company	Auburn Hills, Michigan, USA	Sergio Marchionne
196	Bunge Limited	Agriculture	$41.926[217]	2009	$13,400[38]	30,000	NYSE: BG	White Plains, New York, United States	Alberto Weisser
197	Sojitz	Sogo shosha	$41.338[218]	March 31, 2010	$4,790[38]	17,331	TYO: 2768	Tokyo, Japan	Yutaka Kase
162	Banco Bilbao Vizcaya Argentaria	Banking	$41.319[219]	2010	$68,452	91,000	BMAD: BBVA	Bilbao, Spain	Francisco González
199	Safeway	Retailing	$40.8507[220]	January 2, 2010	$12,650[38]	201,000	NYSE: SWY	Pleasanton, California, United States	Steven Burd
200	SuperValu	Retailing	$40.597[221]	February 27, 2010	$5,550[38]	200,000	NYSE: SVU	Eden Prairie, Minnesota, United States	Craig Herkert
201	UBS	Financial services	$40.561[222]	2009	–	65,233[223]	SIX: UBSN ,NYSE: UBS	Zürich & Basel, Switzerland	Oswald Grübel
202	Kraft Foods	Food	$40.386[224]	2009	$40,172[224]	97,000[224]	NYSE: KFT	Northfield, Illinois, United States	Irene Rosenfeld
204	Ahold	Retailing	$40.229[225]	2009	$15,790[38]	206,000[226]	Euronext: AH	Amsterdam, Netherlands	Dick Boer
205	Cisco	Information technology	$40.04[227]	July 31, 2010	$112,130	70,700	NASDAQ: CSCO	San Jose, California, United States	John T. Chambers

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