All companies on the list must publish financial data and report part or all of their figures to a government agency. In the U.S., private companies and cooperatives that produce a 10-K are included. Revenues are as reported, including revenues from discontinued operations when they are published on a consolidated basis. The revenues for commercial banks and savings institutions are the sum of interest and noninterest revenues. Such figures for insurance companies include premium and annuity income, investment income, and realized capital gains or losses but exclude deposits. Revenue figures include consolidated subsidiaries and exclude excise taxes.

Data shown are for the fiscal year ended on or before March 31, 2005. The revenue figure for non-U.S. companies has been converted to U.S. dollars at the average exchange rate during each company's fiscal year (ended Dec. 31, 2004, unless otherwise noted).


This year's FORTUNE Global 500 was prepared under the direction of senior list editor L. Michael Cacace and senior reporter Richard K. Tucksmith. Reporter Cindy Kano (Tokyo) reviewed and verified figures for Japanese companies. Staff in Britain, China, France, Germany, India, Italy, and South Korea gathered data in those countries. Reporter Douglas Elam helped compile and verify the data. FORTUNE's Business Information Research Center provided supporting documentation, and database administrator Larry Shine supplied the technical support. Data provided by Thomson One Banker aided the process.


Excise taxes have been deducted.

Government owned 50% or more.

Includes sales of discontinued operations of at least 10%.


Figure is for fiscal year ended Jan. 31, 2005.

Figure prepared in accordance with U.S. Generally Accepted Accounting Principles (GAAP).

Figure is for fiscal year ended March 31, 2005.

Figure prepared in accordance with International Financial Reporting Standards.

Figure is for fiscal year ended Sept. 30, 2004.

Figure is for fiscal year ended Oct. 31, 2004.

Figure is for fiscal year ended June 30, 2004.

Acquired FleetBoston Financial (2003 rank: 376), March 31, 2004.

Figure is for fiscal year ended Feb. 28, 2005.


Acquired Bank One Corp. (2003 rank: 233), June 30, 2004.

Figure is for fiscal year ended Aug. 31, 2004.

Cingular Wireless, a joint venture of SBC and BellSouth, acquired AT&T Wireless Services (2003 rank: 317), Oct. 26, 2004.

Company is incorporated in Bermuda. Executive offices are in the U.S.

Figure is for fiscal year ended Nov. 30, 2004.

Figure is for fiscal year ended Feb. 20, 2005.

Acquired by Kmart Holding (2004 rank: 306); renamed Sears Holdings, March 24, 2005.

A cooperative.

Changed name from Group Pinault-Printemps, May 19, 2005.

Figure is preliminary and subject to change due to an investigation by the company's audit committee into the company's previous accounting practices. At the time of publication, restated figure was not available.


Includes revenues from discontinued operations of Blockbuster, spun off Oct. 13, 2004.

Figure is for fiscal year ended May 31, 2004.

Acquired by KBC Group, a former subsidiary of Almanij, March 3, 2005.

Changed name from Air France Group, May 24, 2004.

Figure is for fiscal year ended July 31, 2004.

Changed name from St. Paul Cos. after acquiring Travelers Property Casualty (2003 rank: 354), April 1, 2004.

Figure is for the four quarters ended Sept. 30, 2004.

Acquired Safeway, a British company with a fiscal year ending March 31 (2002 rank: 379), March 8, 2004.

Formed by the merger of Daido Life Insurance and Taiyo Life Insurance (2003 rank: 484), April 1, 2004.

Changed name from Anthem after acquiring WellPoint Health Networks (2003 rank: 245), Nov. 30, 2004.


Formerly an Australian corporation; reincorporated in the U.S., Nov. 12, 2004.

Changed name to Sears Holdings after acquiring Sears Roebuck (2004 rank: 132), March 24, 2005.

Changed name from Otto Versand, Oct. 28, 2002.

Changed name from Sanofi-Synthélabo after acquiring Aventis (2003 rank: 248), Aug. 20, 2004.

Changed name from TPG, April 7, 2005.

Changed name from Kuraya Sanseido, Oct. 1, 2004.

Includes unrealized gains and losses.

Formerly SK Global; changed name, Sept. 9, 2003.

Changed fiscal year-end from March 31 to Dec. 31. Figure is for the 12 months ended March 31, 2005.