Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
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Investment
Discretion
Market -------------------- Voting Authority
Value Shares or (b) (c) -----------------------
Title of CUSIP (In Principal (a) Shared- Shared- Other (a) (b) (c)
Name of Issuer Class Number Thousands) Amount $ Sole Defined Other Managers Sole Shared None
-------------------- -------- ------------ ----------- ----------- ---- ------- ------- -------------------- ----------- ------ ----
Johnson & Johnson Com 478160 10 4 299,463 4,322,500 X 4 4,322,500
1,404,049 20,266,300 X 4, 2, 5, 17 20,266,300
1,828,032 26,386,148 X 4, 14, 17 26,386,148
22,537 325,300 X 4, 3, 17, 19, 20, 21 325,300
629,561 9,087,200 X 4, 13, 17 9,087,200
54,870 792,000 X 4, 2, 5, 12, 17 792,000
39,836 575,000 X 4, 18 575,000
Kraft Foods Inc. Com 50075N 10 4 2,922,034 89,222,400 X 4, 14, 17 89,222,400
1,008,382 30,790,300 X 4, 2, 5, 17 30,790,300
327,500 10,000,000 X 4, 3, 17, 19, 20, 21 10,000,000
8,508 259,800 X 4, 2, 5, 12, 17 259,800
262,000 8,000,000 X 4 8,000,000
Lowes Companies Inc. Com 548661 10 7 153,985 6,500,000 X 4, 9, 10, 11, 14, 17 6,500,000
M & T Bank
Corporation Com 55261F 10 4 535,800 6,003,360 X 4, 14, 17 6,003,360
48,730 546,000 X 4, 9, 10, 11, 14, 17 546,000
14,789 165,700 X 4, 13, 17 165,700
Moody's Com 615369 10 5 1,097,540 32,280,600 X 4, 14, 17 32,280,600
534,460 15,719,400 X 4, 9, 10, 11, 14, 17 15,719,400
NRG Energy, Inc. Com 629377 50 8 123,750 5,000,000 X 4, 9, 10, 11, 14, 17 5,000,000
Nike Inc. Com 654106 10 3 511,183 7,641,000 X 4, 9, 10, 11, 14, 17 7,641,000
Norfolk Southern
Corp. Com 655844 10 8 127,984 1,933,000 X 4, 2, 5, 17 1,933,000
Procter & Gamble Co. Com 742718 10 9 4,076,865 58,500,000 X 4, 14, 17 58,500,000
1,515,897 21,752,000 X 4, 2, 5, 17 21,752,000
434,866 6,240,000 X 4, 13, 17 6,240,000
498,597 7,154,500 X 4, 3, 17, 19, 20, 21 7,154,500
54,358 780,000 X 4, 15, 17 780,000
108,716 1,560,000 X 4, 7, 17 1,560,000
382,284 5,485,500 X 4, 9, 10, 11, 14, 17 5,485,500
304,894 4,375,000 X 4 4,375,000
Sanofi Aventis ADR 80105N 10 5 16,057 488,500 X 4, 9, 10, 11, 14, 17 488,500
95,196 2,896,133 X 4, 14, 17 2,896,133
5,565 169,300 X 4, 13, 17 169,300
11,505 350,000 X 4, 2, 5, 12, 17 350,000
Sun Trusts Banks
Inc. Com 867914 10 3 105,484 2,344,600 X 4, 14, 17 2,344,600
38,691 860,000 X 4, 2, 5, 17 860,000
Torchmark Corp. Com 891027 10 4 4,638 77,551 X 1, 4, 14, 17 77,551
26,894 449,728 X 4, 2, 5, 17 449,728
99,083 1,656,900 X 4, 14, 17 1,656,900
38,254 639,700 X 4, 13, 17 639,700
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19,772,837
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