Creating Stockholder Value is Priority No. 1
We have a history of delivering long-term stockholder returns ahead of our peers and the market. With strong brands, management, strategies and capabilities, we're driving sustainable growth and generating long-term stockholder value. And our track record supports this:
- Portfolio of No. 1 and No. 2 brands — These represent over 80% of our portfolio.
- Solid performance over time — We've delivered consistent long-term growth in earnings before interest and taxes (EBIT) and total stockholder returns.
- History of driving efficiency — Our strong cost-savings program has delivered about $100 million or more in annual savings since 2003.
- Strong free cash flow (FCF) — We've delivered 13 percent of FCF as a percent of sales over the last 10 years.