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While the U.S. Commodity Futures Trading Commission and the SEC have adopted a number of rules that implement certain aspects of the new regulatory regime regarding the swaps market place, no assurance can be given regarding when, or whether, the remaining rules, including, among others, the rules regarding swap execution facilities and security-based swap execution facilities, will be finalized or implemented.
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Internal procedures require company review and approval of all off-site disposal and recycling facilities, which must meet high standards of regulatory compliance, financial strength and environmental management practices.
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environmental
Mining and metals processing can create impacts to water quality.
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environmental
We will continue to educate healthcare professionals for several more months prior to beginning any branded consumer advertising.
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social
So we’re tapping into energy from solar, wind, micro-hydro, biogas fuel cells, and geothermal sources.
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environmental
Ensure everything we make – or that others make for us – is consistent with local law and our own commitment to protecting human rights, as embodied in our Policy Letter 24, our Code of Human Rights, Basic Working Conditions and Corporate Responsibility.
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social
Interest payments have been calculated utilizing the fixed rates of our $682 million long-term debt outstanding at December 31, 2008.
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non-esg
In determining the assumed discount rates, we use our third-party actuary’s discount rate model.
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Higher average unit selling prices for both products also contributed to approximately half the increased revenue performance during the past fiscal year.
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As previously discussed a total of 848 towers (784 towers sold in the Western tower sale and 64 additional towers held for sale) meet the criteria for discontinued operations treatment.
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Our competitive position is also enhanced by the familiarity and integration of our broker-dealer and institutional investor clients with our electronic trading platform and other systems.
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The increase in our working capital deficit reflects an increase in short-term borrowings as part of our long-term debt extinguishment activity as well as improved procurement and inventory management.
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non-esg
The 21.5-inch iMac product packaging consumes 53 percent less volume and weighs 35 percent less than packaging for the original 15-inch iMac.
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environmental
Cash used in common stock repurchases totaled $965 million in 2015, $2.13 billion in 2014 and $2.79 billion in 2013 associated with the share repurchase plans authorized by our board of directors.
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non-esg
In 2018, we piloted a new computer science program in partnership with Girl Scouts of the USA, and sponsored a summer program through MIT that taught high school students how to build drones equipped with synthetic aperture radar.
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social
Because energy efficiency measures have lasting benefits, energy efficiency savings are calculated cumulatively since 2011.
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environmental
Safety risks are inherent in our business, and despite another record year for overall performance, we regrettably lost an employee and a contractor to workplace fatalities.
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social
And to help drive toward safer chemicals, we map chemicals use and screen them using GreenScreen® to assess the safety of cleaners and degreasers used at supplier final assembly facilities.
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social
Many governments have introduced increasingly stringent climate change regulations and fuel economy standards.
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environmental
AEP's System Integration Agreement provides for the integration and coordination of AEP's east and west zone operating subsidiaries, joint dispatch of generation within the AEP System, and the distribution, between the two operating zones, of costs and benefits associated with the System's generating plants.
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Our senior management is responsible for promoting the ABC Policy and for ensuring that a culture of integrity is fostered and maintained by all employees.
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governance
Overall reductions in insurance and risk related costs as well as service salaries were offset by increased cost of fuel as well as higher personnel related costs, primarily health costs and employment taxes.
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non-esg
Communities In 2019, MPL held 20 emergency preparedness workshops and hosted 78 local community events, reaching 60 local public officials, 259 emergency officials, and 123 places of congregation, including hospitals, long-term care facilities, daycares and schools.
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social
MarketAxess provides reusable water bottles to all employees and makes mugs and glasses available for use instead of disposable plastic bottles or paper cups.
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environmental
The chopped and formed production line in Boardman, Oregon started up in the third quarter of fiscal 2017, and we expect to have our French fry line in Richland, Washington operational by late calendar 2017.
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non-esg
The van offers free lectures, an exhibition on cardiovascular disease risk factors, and educational material.
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social
Foodservice product contribution margin increased $35.2 million, or 11%, to $365.9 million in fiscal 2018, primarily as a result of favorable price/mix.
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We delivered 65 million more cases, while driving 28 million fewer miles.
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environmental
Amounts borrowed under the Revolving Credit Facility accrue interest, at SBA Senior Finance II’s election, at either (i) the Eurodollar Rate plus a margin that ranges from 137.5 basis points to 200.0 basis points or (ii) the Base Rate plus a margin that ranges from 37.5 basis points to 100.0 basis points, in each case based on the ratio of Consolidated Total Debt to Annualized Borrower EBITDA, calculated in accordance with the Senior Credit Agreement.
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Professional and consulting fees increased by $2.2 million primarily due to a $2.7 million increase in fees related to various regulatory initiatives offset by lower risk consulting services of $0.5 million.
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We fully support the principles in the Universal Declaration on Human Rights and the International Labour Organization Declaration on Fundamental Principles and Rights at Work.
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social
Exploratory studies of this kind can be done in tissues, but the pivotal studies have to be done in whole animals before we can conduct them in humans.
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social
Net sales in fiscal 2018 reflect a 5% increase in price/mix associated with price increases in both domestic and international markets, as well as improved customer and product mix.
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non-esg
Our calculation of ROI is considered a non-GAAP financial measure because we calculate ROI using financial measures that exclude and include amounts that are included and excluded in the most directly comparable financial measure calculated and presented in accordance with GAAP.
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We expect to meet the increase in demand by investing in additional capacity.
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The growth in net sales during 2012 was primarily driven by increased demand for iPhone following the launches of iPhone 4s and iPhone 5, strong demand for the third generation iPad and iPad 2, and higher sales from the iTunes Store.
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SBA is helping to meet today’s challenge of building sustainable telecommunications networks, creating economic value and leading positive change through our investments in shared neutral host infrastructure.
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social
Timing of payments and actual amounts paid may be different, depending on the time of receipt of goods or services, or changes to agreed-upon amounts for some obligations.
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When such events or circumstances are present, we assess the recoverability of long-lived assets by determining whether the carrying value will be recovered through the expected undiscounted future cash flows resulting from the use of the asset.
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Revenue growth assumptions (along with profitability and cash flow assumptions) were based on historical trends for the reporting units and management’s expectations for future growth.
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As a result, we acquired nine stores from four licensees and closed six stores with three other licensees during fiscal 2011.
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non-esg
With an average of 226 virtual interviews per month, the carbon footprint reduction is the equivalent of 456 cars being taken off the road.
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environmental
For a discussion of competition in the sale of power, see Wholesale Operations-- Generation-- Competition and Regulation.
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non-esg
It is shown that redevelopment of these “brownfield” sites prevents sprawl into open space, forests and agricultural land, thereby preserving acres of undeveloped land.
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environmental
Freeport-McMoRan created a management review board in 2008 with senior Freeport-McMoRan staff members and international tailings and geochemistry experts who review monitoring data and make specific operational recommendations for improving levee designs and construction and system-wide performance.
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governance
Cash flows used in investing activities increased by $152.7 million from 2012 to 2013 due to a $266.8 million increase in capital and exploration expenditures and a $12.0 million 43 Table of Contents increase associated with our equity investment in Constitution.
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non-esg
As a result, we analyze the profit impact of certain cost changes holding constant present-year volume and mix and currency exchange, in order to evaluate our cost trends absent the impact of varying production and currency exchange levels.
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Price leadership is core to who we are.
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Activities included preregistration for chemical control regulations in Korea and Eurasia, partnering with our industry peers to meet EU REACH nanomaterial requirements, and supporting ongoing toxicology research on carbon black.
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environmental
We also continue to assess the role of low-carbon renewable fuels on CO2 reduction and how they may influence future designs.
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environmental
Most of the increase in Impella product revenue was from increased device sales in the U.S. related to our recent PMA approvals, as we focus on increasing utilization of our disposable catheter products through continued investment in our field organization and physician training programs.
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non-esg
In January 2011, we stood with U.S. first lady Michelle Obama and launched a major initiative to bring healthier, more affordable food to America.
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social
I&M and TCC may also incur costs and experience reduced output at Cook Plant and STP, respectively, because of the design criteria prevailing at the time of construction and the age of the plant's systems and equipment.
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At a status conference on November 21, 2005, the Court ordered Plantiffs to amend their complaint.
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In 2013, 71 associates, 37 of them women, were promoted to assistant manager.
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social
By leveraging our size and scale, we are influencing positive change throughout our supply chain and beyond our own global operations.
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social
We have a comprehensive approach to improving air quality that targets lowering emissions of criteria pollutants, reducing flaring at our refineries, minimizing fugitive emissions, and producing cleaner-burning fuels.
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environmental
Supporting this framework are internal governance and management systems that detail how we operate.
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governance
Any repatriation of such foreign earnings by way of dividend may be subject to both U.S. federal and state income taxes, reduced by applicable foreign tax credits.
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non-esg
Note: E-waste recycled includes desktop computers, laptops, monitors, printers, scanners and docking stations.
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environmental
We believe that Segment Operating Profit is an indicator of the operating performance of our site leasing and site development segments and is used to provide management with the ability to monitor the operating results and margin of each segment, while excluding the impact of depreciation, accretion, and amortization, which is largely fixed and non-cash in nature.
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non-esg
At December 31, 2013, we had provisionally priced copper sales at our copper mining operations, primarily South America and Indonesia, totaling 481 million pounds of copper (net of intercompany sales and noncontrolling interests) recorded at an average price of $3.34 per pound, subject to final pricing over the next several months.
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Walmart committed to opening 275 to 300 new stores in areas serving food deserts by 2016.
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social
We use these potential harvest volumes to estimate the sustainable productive capacity of these forests.
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environmental
Foodservice net sales increased $69.1 million, or 7%, to $1,099.1 million, compared with $1,030.0 million in fiscal 2017.
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non-esg
However, emissions from air travel and rental car mileage decreased despite our growth, reflecting an emphasis on only business-critical travel.
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environmental
For fiscal 2018, the increase in net sales was primarily due to an increase in comparable sales which were benefited by an increase of $0.7 billion in fuel sales from higher fuel prices in fiscal 2018.
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non-esg
Changes in these assumptions could result in material adjustments to our reserve estimates, which could result in changes to depreciation, depletion and amortization expense in future periods, with corresponding adjustments to net income.
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non-esg
We also entered into a $155 million revolving credit facility to fund our working capital and other cash needs and drew down $40 million, before fees, under this facility substantially concurrent with the Spin-Off.
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non-esg
Additionally, the Walmart Foundation awards scholarships to associates and their eligible dependents to pursue higher education at accredited colleges or universities, including American Public University.
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social
With about 60 percent union-represented employees, we have the largest full-time union workforce of any company in America–more than the steel or airline industries and more than the Big Three automakers combined.
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social
To date we have limited experience in selling the BVS internationally.
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non-esg
For example, we’re working closely with the CWA and others as part of the Better Health Care Together Coalition to pursue national health care policy changes that support working families and their communities.
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social
Our leadership has committed to participate in OSHA’s VPP, which promotes effective worksite-based safety and health.
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social
Positive incentive available under these clauses is a pre-tax $1.5 million for the SO2 emissions and a pre-tax $.5 million for the service reliability.
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non-esg
Between January and July of 2007, our LED installations in refrigerated cases have saved approximately 66 percent of the energy used for lighting in those stores where they have been installed.
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environmental
AEP’s Principles of Business Conduct places responsibility for acting legally and ethically with every individual – from the Board of Directors and management to employees on the front line.
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governance
PFIZER supported proposed legislation with the Campaign for Smokefree Air to help make Michigan the 30th US state to protect citizens from exposure to secondhand smoke.
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social
Tyrone received the Grasslands Project Award for demonstrating exemplary management of reclaimed lands as wildlife habitat .
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environmental
The increase in depletion and depreciation was partially offset by a decrease in amortization of unproved properties of $15.1 million primarily due to a decrease in amortization rates due to a shift in our drilling and development activities.
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non-esg
Additionally, we sent 1,000 N95 respirator masks to the Swinomish tribe.
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social
Our employees at the Tenke Fungurume mine in the DRC are working with expert scientists to transplant endemic flora species from mining sites to engineered ecosystems to conserve the species.
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environmental
For any remaining indirect corporate costs which supported Lamb Weston, we were allocated additional selling, general and administrative costs using an equal weighting between the Lamb Weston product contribution margin (net sales less cost of goods sold and advertising and promotion expenses) and Lamb Weston total assets relative to consolidated Conagra product contribution margin and total assets.
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Our operating results could be adversely affected if the actual cost of product failures, including product recalls, exceeds our estimated warranty provision.
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non-esg
And we’re active in our communities, providing hands-on support through corporate giving, the AT&T Foundation and the generosity of our employee volunteers.
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social
Management’s narrative analysis of the results of operations and other information required by Instruction I(2)(a) is incorporated herein by reference to the material under Management’s Discussion and Analysis of Financial Condition and Results of Operations in the 2013 Annual Reports.
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non-esg
Our contributions are specifically earmarked to assist postpartum mothers and their babies in the coastal areas of Tohoku, where people are still recovering from a significant earthquake in 2011.
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social
This method is used because management considers total cost to be the best available measure of progress on the contracts.
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non-esg
In 2019, our IT department recycled 2.3 metric tonnes of electronic equipment through this program, including 225 computers, 57 computer monitors and 47 printers.
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environmental
Currently, SBA separates the positions of CEO and Chair in recognition of the differences between the two roles.
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governance
We are currently working with recycled fibers, bamboo and soybean to explore how we can provide high-quality textiles that are both affordable and have limited environmental impact.
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environmental
Presently, the Company projects $78 million in capital and exploration expenditures for 1997.
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non-esg
Other average variable transaction fee per million increased from $121 per million for the year ended December 31, 2007 to $158 per million for the year ended December 31, 2008 primarily due to a higher percentage of volume in products that carry higher fees per million, principally high-yield.
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The Company sells to education, consumer, creative professional, business, and government customers.
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Cabot facilities report and investigate all environmental non-conformance (ENC) events.
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environmental
The litigation, filed with the Armed Services Board of Contract Appeals ("ASBCA"), No. 47416 et al., relates to the accounting for engine parts produced by foreign companies under commercial engine collaboration programs from 1984 through 1995.
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non-esg
This table represents a more recent and conservative mortality table than the 1983 Group Annuity Mortality Table, and appears to be an appropriate table based on the demographics of our benefit plans.
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We use this measure for the same purpose and for monitoring operating performance by our mining operations.
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Ford Credit also continued its program to sell retail installment sale contracts in transactions where it retains no interest and thus no exposure to the sold contracts.
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We have initiated a pilot program at our Los Angeles refinery, which will establish a standard water management framework to apply to all refineries.
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environmental