EFTA Document EFTA01367805

O I Strategy Flashcard Ouj SEqpiriOn co 0 Strategy Flashcard S&P 500 to reach 2150 by 2015 end on a long expansionary cycle of moderate growth 2015 end target: 2150 2016 end target: 2300 Div Yld: 2% 2014A 2015E 2016E Quarterly EPS EPS $118.0 $118 $128 1Q14A $28.00 1Q15E $28.00 PE on yearend S&P targets 17.4 18.2 18.0 2Q14A $29.75 2Q15E $29.00 DPS $39 $42 $46 3Q14A $30.00 3Q15E $30.00 EPS/DPS growth 6%/8% 0%/8% 896/10% 4Q14A $30.25 4Q15E $31.00 Market