Our core capabilities include Market-Based Management®; innovation; operations excellence; trading; transaction excellence; and public sector which encompasses legal, communication, community relations and government relations. Georgia-Pacific's value-driven positioning, "Making Life's Simple Necessities™," is exemplified through its widely recognized brands of paper towels, bath tissue and disposable tableware, among other products. As a privately held company, Koch Industries, Inc. does not release its financial statements or other financial data to the public. However, the appropriate Koch companies provide information to the two leading credit rating agencies in the United States: Moody's Investor Service and Standard and Poor's. Koch Resources, LLC maintains long-term credit ratings of Aa3 from Moody's and A+ from S&P. Koch companies such as INVISTA, Georgia-Pacific and Flint Hills Resources have their own credit rating apart from Koch Resources, LLC. Maintaining strong financial health has always been a priority for Koch companies, which cultivate a disciplined style of managing their businesses and investments. As a private company, our approach has been to reinvest 90 percent of our earnings. This willingness to forgo larger dividends in the short term has allowed us to complete more than $32 billion in acquisitions and investments since 2003. Koch companies strive for world-class performance and cost-effective operations. And Koch companies have earned recognition for superior performance in environmental protection, health and safety. For a corporate brochure or other information: Please send an email to media@kochind.com or a letter to Public Affairs, P.O. Box 2256, Wichita, Kan., 67201-2256. Koch Industries, Inc. is a company bounded only by our capabilities, not by specific industries or product lines. Koch companies constantly seek to grow our existing businesses, and build or acquire assets or businesses throughout the world that will allow us to create the greatest value.
Since 1960, the value of the Standard & Poor's 500 grew about 146-fold, assuming the reinvestment of dividends. During that same period, the value of Koch Industries grew more than 2,500-fold, using the same assumptions. The growth of Koch companies has been achieved both through acquisitions and through expansion and broadening of existing businesses. Koch companies also exit or decrease their investments in businesses based on a continuous evaluation process that compares their internal value to their market value.