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Company U.S. Income Federal Tax Effective Tax Rate Industry Activision Blizzard $447 $-228 -51% Computers, office equip, software, data AECOM Technology $238 $-122 -51% Engineering

Company U.S. Income Federal Tax Effective Tax Rate Industry
Activision Blizzard $447 $-228 -51% Computers, office equip, software, data
AECOM Technology $238 $-122 -51% Engineering & construction
Alaska Air Group $576 $-5 -1% Transportation
Amazon.com $10,835 $-129 -1% Retail & wholesale trade
Ameren $1,035 $-10 -1% Utilities, gas and electric
American Electric Power $1,943 $-32 -2% Utilities, gas and electric
Aramark $315 $-48 -15% Miscellaneous services
Arrow Electronics $167 $-12 -7% Retail & wholesale trade
Arthur Gallagher $322 Financial
Atmos Energy $600 $-10 -2% Utilities, gas and electric
Avis Budget Group $78 $-7 -9% Motor vehicles and parts
Celanese $480 $-142 -30% Chemicals
Chevron $4,547 $-181 -4% Oil, gas & pipelines
Cliffs Natural Resources $565 $-1 0% Oil, gas & pipelines
CMS Energy $774 $-67 -9% Utilities, gas and electric
Deere $2,152 $-268 -12% Industrial machinery
Delta Air Lines $5,073 $-187 -4% Transportation
Devon Energy $1,297 $-14 -1% Oil, gas & pipelines
Dominion Resources $3,021 $-45 -1% Utilities, gas and electric
DTE Energy $1,215 $-17 -1% Utilities, gas and electric
Duke Energy $3,029 $-647 -21% Utilities, gas and electric
Eli Lilly $598 $-54 -9% Pharmaceuticals & medical products
EOG Resources $4,067 $-304 -7% Oil, gas & pipelines
FirstEnergy $1,495 $-16 -1% Utilities, gas and electric
Gannett $7 $-11 -164% Publishing, printing
General Motors $4,320 $-104 -2% Motor vehicles and parts
Goodyear Tire & Rubber $440 $-15 -3% Motor vehicles and parts
Halliburton $1,082 $-19 -2% Oil, gas & pipelines
Honeywell International $2,830 $-21 -1% Industrial machinery
International Business Machines $500 $-342 -68% Computers, office equip, software, data
JetBlue Airways $219 $-60 -27% Transportation
Kinder Morgan $1,784 $-22 -1% Oil, gas & pipelines
MDU Resources $314 $-16 -5% Oil, gas & pipelines
MGM Resorts International $648 $-12 -2% Miscellaneous services
Molson Coors $1,325 $-23 -2% Food & beverages & tobacco
Netflix $856 $-22 -3% Retail & wholesale trade
Occidental Petroleum $3,379 $-23 -1% Oil, gas & pipelines
Owens Corning $405 $-10 -2% Miscellaneous manufacturing
Penske Automotive Group $393 $-16 -4% Motor vehicles and parts
Performance Food Group $192 $-9 -4% Retail & wholesale trade
Pioneer Natural Resources $1,249 Oil, gas & pipelines
Pitney Bowes $125 $-50 -40% Computers, office equip, software, data
PPL $1,110 $-19 -2% Utilities, gas and electric
Principal Financial $1,641 $-49 -3% Financial
Prudential Financial $1,440 $-346 -24% Financial
Public Service Enterprise Group $1,772 $-97 -5% Utilities, gas and electric
PulteGroup $1,340 $-44 -3% Miscellaneous manufacturing
Realogy $199 $-13 -7% Miscellaneous services
Rockwell Collins $719 $-16 -2% Aerospace & defense
Ryder System $350 $-23 -7% Transportation
Salesforce.com $800 Computers, office equip, software, data
SpartanNash $40 $-2 -4% Retail & wholesale trade
SPX $66 $-5 -8% Industrial machinery
Tech Data $203 $-10 -5% Retail & wholesale trade
Trinity Industries $138 $-19 -14% Miscellaneous manufacturing
UGI $550 $-3 0% Utilities, gas and electric
United States Steel $432 $-40 -9% Metals & metal products
Whirlpool $717 $-70 -10% Electronics, electrical equipment
Wisconsin Energy $1,139 $-218 -19% Utilities, gas and electric
Xcel Energy $1,434 $-34 -2% Utilities, gas and electric
TOTAL, These Companies $79,025 $-4 -5%

a) Find these numbers (in millions of dollars -add 6 zerosto each numberexcept tax rate) for Amazon.com:

U.S. income = $79,025,000,000

Federal tax = $-4

Effective tax rate = -5%

b) Jeff Bezos has a net worth of over $160 billion. What do you think about his company Amazon got a tax credit (negative tax rate means Amazon received money from the U.S. government)?

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