| COMMITTEE MEMBERSHIP | ||||||||||||||
| NAME | QUALIFICATIONS | OTHER PUBLIC COMPANY BOARDS | INDEPENDENT | MEMBER SINCE | AUDIT | COMP | NOM & GOV | |||||||
| Rekha Agrawal | Extensive executive experience leading businesses focused both in services and manufacturing; global experience beneficial to assessing risk across supply chain; commitment to operational excellence. | None | Yes | 2024 | ||||||||||
| Kelly Baker | Extensive human resources and operational experience; wide-ranging international business and functional experience; experience leading the people, organizational and culture developments across a number of U.S.-based, global public companies. | None | Yes | 2021 | ||||||||||
| Rick Beckwitt | Deep knowledge of the homebuilding and real estate industries gained through executive roles at public companies; extensive leadership and operational experience, providing broad insight into strategic planning and risk oversight. | 1 | Yes | 2024 | ||||||||||
| Bill Brundage | Considerable financial management and operational experience; significant knowledge of the Company and the Company’s industry. | None | No | 2020 | ||||||||||
| Geoff Drabble Board Chair | Extensive leadership experience in the distribution, technology and manufacturing sectors as a chief executive officer; deep knowledge of U.S. markets and operating conditions; significant experience as a board member. | 2 | Yes | 2019 | ||||||||||
| Catherine Halligan | Extensive digital transformation, digital commerce, data analytics and marketing experience as a senior executive; strong track record in the retail, e-commerce and multi-channel arenas; significant experience as a board member. | 3 | Yes | 2019 | ||||||||||
| Brian May | Extensive experience as a chief financial officer; extensive financial and operational experience; extensive expertise in the Company’s industry. | 1 | Yes | 2021 | ||||||||||
| James S. Metcalf | Extensive executive leadership experience; considerable U.S. public company board and industry expertise. | None | Yes | 2023 | ||||||||||
| Kevin Murphy | Culture champion with strong executive leadership skills; deep knowledge of the Company and the Company’s industry; strategic operational expertise; significant experience in strategic development and delivering operational performance improvements. | 1 | No | 2017 | ||||||||||
| Alan Murray | Extensive business leadership skills and financial reporting expertise; considerable international operational and financial experience; extensive executive management experience and board experience within global businesses; extensive knowledge of the Company. | 1 | Yes | 2013 | ||||||||||
| Suzanne Wood | Experienced chief financial officer with significant financial and operational knowledge; extensive public company experience. | 2 | Yes | 2021 | ||||||||||
| Name(1) | Fees Earned or Paid in Cash ($)(2) | Stock Awards ($)(3) | All Other Compensation ($)(4)(5) | Total ($) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Board Chair | Geoff Drabble | 517,702 | 93,589 | 14,048 | 625,339 | Other Non-Employee Directors | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Rekha Agrawal | 20,000 | — | — | 20,000 | Kelly Baker | 146,833 | 119,009 | 43,411 | 309,253 | Rick Beckwitt | 20,000 | — | — | 20,000 | Catherine Halligan | 118,333 | 119,009 | 55,409 | 292,751 | Brian May | 113,765 | 93,589 | 14,789 | 222,143 | James S. Metcalf | 118,333 | 119,009 | 44,512 | 281,854 | Alan Murray(6) | 151,500 | 119,009 | 32,643 | 303,152 | Thomas Schmitt | 118,333 | 119,009 | 34,701 | 272,043 | Nadia Shouraboura | 118,333 | 119,009 | 43,693 | 281,035 | Suzanne Wood | 146,833 | 119,009 | 44,097 | 309,939 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stock Awards | ||||||||||
| Name | Number of Shares Acquired on Vesting (#) (1) | Value Realized on Vesting ($) (2) | ||||||||
| Kevin Murphy | 41,138 | 6,758,151 | ||||||||
| Bill Brundage | 15,618 | 2,790,312 | ||||||||
| Ian Graham | 12,000 | 1,971,360 | ||||||||
| Sammie Long | 15,702 | (3) | 2,790,590 | |||||||
| Bill Thees | 9,673 | 1,589,080 | ||||||||
| Name | Executive Contributions in Last FY ($) (1) | Company Contributions in Last FY ($) (2)(3)(4) | Aggregate Earnings in Last FY ($) (5)(6) | Aggregate Withdrawals/ Distributions in Last FY ($) | Aggregate Balance at Last FY End ($) (6) | ||||||||||||||||||||
| Kevin Murphy | 61,979 | 177,445 | 151,813 | — | 5,188,176 | ||||||||||||||||||||
| Bill Brundage | 30,446 | 102,274 | 530,554 | — | 3,178,286 | ||||||||||||||||||||
| Ian Graham | 53,683 | 129,015 | 134,026 | — | 998,854 | ||||||||||||||||||||
| Sammie Long | 85,041 | 128,948 | 173,631 | — | 1,578,482 | ||||||||||||||||||||
| Bill Thees | 146,357 | 130,168 | 588,813 | — | 6,186,709 | ||||||||||||||||||||
| July 31, | ||||||||||||||||||||
| ($ millions, except per share amounts) | 2024 | 2023 | 2022 | 2021 | 2020 | |||||||||||||||
| Net Income | $1,735 | $1,889 | $2,122 | $1,472 | $961 | |||||||||||||||
| (Loss) income from discontinued operations (net of tax) | — | — | (23) | 158 | 12 | |||||||||||||||
| Income from continuing operations | 1,735 | 1,889 | 2,099 | 1,630 | 973 | |||||||||||||||
| Provision for income taxes | 729 | 575 | 609 | 232 | 299 | |||||||||||||||
| Interest expense, net | 179 | 184 | 111 | 98 | 93 | |||||||||||||||
| Other expense (income), net | 9 | 11 | 1 | (10) | 7 | |||||||||||||||
| Operating profit | 2,652 | 2,659 | 2,820 | 1,950 | 1,372 | |||||||||||||||
| Business restructurings(1) | — | — | — | (11) | 72 | |||||||||||||||
| Corporate restructurings(2) | 28 | — | 17 | 22 | 29 | |||||||||||||||
| Impairments and other charges(3) | — | 125 | — | — | — | |||||||||||||||
| Adjusted EBIT(4) | 2,680 | 2,784 | 2,837 | 1,961 | 1,473 | |||||||||||||||
| Amortization of acquired intangibles | 144 | 133 | 114 | 131 | 114 | |||||||||||||||
| Adjusted operating profit | 2,824 | 2,917 | 2,951 | 2,092 | 1,587 | |||||||||||||||
| Net Debt(5): | ||||||||||||||||||||
| Long-term debt | $3,774 | $3,711 | $3,679 | $2,512 | $2,617 | |||||||||||||||
| Short-term debt | 150 | 55 | 250 | — | 531 | |||||||||||||||
| Bank overdrafts(6) | 1 | 17 | 32 | 36 | — | |||||||||||||||
| Derivative liabilities | 8 | 18 | 4 | (21) | (39) | |||||||||||||||
| Cash and cash equivalents | (571) | (601) | (771) | (1,335) | (2,115) | |||||||||||||||
| Net Debt | $3,362 | $3,200 | $3,194 | $1,192 | $994 | |||||||||||||||
| Total shareholders’ equity | $5,616 | $5,037 | $4,665 | $5,003 | $4,609 | |||||||||||||||
| Net assets held for sale – discontinued operations | — | — | — | — | 433 | |||||||||||||||
| Average Capital Employed(7): | ||||||||||||||||||||
| Average net debt(8) | $3,281 | $3,197 | $2,193 | $1,093 | $1,073 | |||||||||||||||
| Average shareholders’ equity(8) | $5,327 | 4,851 | 4,834 | 4,806 | 4,508 | |||||||||||||||
| Average net assets held for sale(8) | — | — | — | (217) | (417) | |||||||||||||||
| Average Capital Employed | $8,608 | $8,048 | $7,027 | $5,682 | $5,164 | |||||||||||||||
| Return on Capital Employed (ROCE)(9) | 31.1 | % | 34.6 | % | 40.4 | % | 34.5 | % | 28.5 | % | ||||||||||
