Debbie Dingell

D-MI-6 Representative for Michigan’s 6th district Democrat In Congress since 2015

28trades · 3 yrs
13buys
7sells
12dmedian wait
0filed late

Debbie Dingell disclosed 28 trades made since Oct 4, 2023: 13 buys and 7 sales. The most traded name was AAPL (4 trades). 1 of them were a spouse's or joint account's. The latest, made Jul 14, 2026, was filed Jul 22, 2026.

Trades over time

Buys above the line, sells below · bigger dots, bigger ranges · tails run to the filing date

Buys Sells

AAPL 4 trades 0 buy · 4 sell
SOLS 4 trades 0 buy · 1 sell
HONAV 2 trades 0 buy · 0 sell
DIS 1 trade 1 buy · 0 sell
GOOG 1 trade 0 buy · 1 sell
HON 1 trade 0 buy · 1 sell

Trades

28 trades since Oct 4, 2023 · newest first · 8 in an industry a committee of theirs oversees

Asset

Trade

Amount

Traded · filed
FHLMC 30 YR GOLD RQ0128
Bond

Buy

$15K–$50K

Traded Jul 14Filed Jul 22 8d

↗
HONAVHoneywell Aerospace Inc.

Exchange

$15K–$50K

Traded Jun 29Filed Jul 15 16d

↗
HONAVHoneywell Aerospace Inc.

Exchange

$50K–$100K

Traded Jun 29Filed Jul 15 16d

↗
FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL MA6054
Bond

Buy

$50K–$100K

Traded May 26Filed Jun 5 10d

↗
MICHIGAN ST HSG DEV AUTH SINGLE FAMILY M
BondJoint

Buy

$15K–$50K

Traded Apr 21Filed Apr 28 7d

↗
PTACohen & Steers Tax-Advantaged Preferred Securities and Income Fund Common Shares of Beneficial Interest

Buy

$1K–$15K

Traded Apr 21Filed Apr 28 7d

↗
WATWaters Corporation
Committee

Exchange

$1K–$15K

Traded Feb 10Filed Feb 23 13d

↗
VERSANT MEDIA GROUP INC CL A (VSNT)
Other

Exchange

$1K–$15K

Traded Jan 5Filed Jan 12 7d

↗
SOLSSolstice Advanced Materials Inc.
Committee

Sell

$1K–$15K

Traded Nov 24, 2025Filed Dec 6, 2025 12d

↗
HONHoneywell International Inc.

Sell · part

$15K–$50K

Traded Nov 24, 2025Filed Dec 6, 2025 12d

↗
AAPLApple Inc.

Sell · part

$50K–$100K

Traded Nov 24, 2025Filed Dec 6, 2025 12d

↗
GOOGAlphabet Inc. - Class C Capital Stock
Committee

Sell · part

$15K–$50K

Traded Nov 24, 2025Filed Dec 6, 2025 12d

↗
QQnity Electronics, Inc.

Exchange

$1K–$15K

Traded Nov 3, 2025Filed Dec 6, 2025 33d

↗
SOLSSolstice Advanced Materials Inc.
Committee

Exchange

$1K–$15K

Traded Oct 30, 2025Filed Dec 6, 2025 37d

↗
SOLSSolstice Advanced Materials Inc.
Committee

Exchange

$1K–$15K

Traded Oct 30, 2025Filed Dec 6, 2025 37d

↗
SOLSSolstice Advanced Materials Inc.
Committee

Exchange

$1K–$15K

Traded Oct 30, 2025Filed Dec 6, 2025 37d

↗
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION POOL MB0260
Bond

Buy

$15K–$50K

Traded Mar 28, 2025Filed Apr 2, 2025 5d

↗
WMTWalmart Inc.

Buy

$15K–$50K

Traded Mar 27, 2025Filed Apr 2, 2025 6d

↗
DISWalt Disney Company
Committee

Buy

$1K–$15K

Traded Jan 15, 2025Filed Jan 27, 2025 12d

↗
FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL MA5471
Bond

Buy

$100K–$250K

Traded Jan 15, 2025Filed Jan 27, 2025 12d

↗
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION POOL MA9542
Bond

Buy

$50K–$100K

Traded Nov 1, 2024Filed Nov 9, 2024 8d

↗
AAPLApple Inc.

Sell · part

$15K–$50K

Traded Jun 13, 2024Filed Jun 24, 2024 11d

↗
AAPLApple Inc.

Sell · part

$15K–$50K

Traded Jun 12, 2024Filed Jun 24, 2024 12d

↗
AAPLApple Inc.

Sell · part

$1K–$15K

Traded Jun 12, 2024Filed Jun 24, 2024 12d

↗
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION POOL
Bond

Buy

$15K–$50K

Traded May 1, 2024Filed May 16, 2024 15d

↗
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION POOL
Bond

Buy

$50K–$100K

Traded May 1, 2024Filed May 16, 2024 15d

↗
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION POOL
Bond

Buy

$50K–$100K

Traded Feb 9, 2024Filed Feb 15, 2024 6d

↗
MDTMedtronic plc. Ordinary Shares
Committee

Buy

$15K–$50K

Traded Dec 5, 2023Filed Dec 14, 2023 9d

↗

Reported holdings

2025 annual report · filed May 15, 2026 · values at year end, in the ranges disclosed · changes vs 2024

Original

$9.2M–$20.8M sum of 120 disclosed ranges

Stock 60
Fund 35
Other 6
Bond 14
Cash 5

AssetOwner Valuevs 2024
RPEAXDavis Opportunity Fund Class AFundMorgan Stanley Smith Barney LLC Brokerage Account - Spous...Self$500K–$1M▲ $250K–$500K
INCOME FUNDFundGM Retirement Savings PlanSelf$500K–$1MSame band
MSFTMicrosoft CorporationMorgan Stanley Smith Barney LLC Brokerage AccountSelf$500K–$1MSame band
GOOGAlphabet Inc. - Class C Capital StockMorgan Stanley Smith Barney LLC Brokerage Account - Spous...Self$250K–$500KSame band
AAPLApple Inc.Morgan Stanley Smith Barney LLC Brokerage AccountSelf$250K–$500K▼ $500K–$1M
AAPLApple Inc.Morgan Stanley Smith Barney LLC Brokerage Account - Spous...Self$250K–$500K▼ $500K–$1M
BXBlackstone Inc.Morgan Stanley Smith Barney LLC Brokerage AccountSelf$250K–$500KSame band
NYVTXDavis New York Venture Fund AFundMorgan Stanley Smith Barney LLC IRASelf$250K–$500K▲ $100K–$250K
FID DIVERSIFIED INTL.FundGM Retirement Savings PlanSelf$250K–$500K▲ $100K–$250K
GDVGabelli Dividend & Income Trust Common Shares of Beneficial InterestMorgan Stanley Smith Barney LLC Brokerage AccountSelf$250K–$500KSame band
MQIFXMutual Quest Fund Class ZFundMorgan Stanley Smith Barney LLC Brokerage AccountSelf$250K–$500KSame band
SEP: FIDELITY CASH RESERVESFundFidelity InvestmentsSelf$250K–$500KSame band
SSGALG CAP INDEXFundGM Retirement Savings PlanSelf$250K–$500KSame band
WMTWal-Mart Stores, Inc.Morgan Stanley Smith Barney LLC Brokerage AccountSelf$250K–$500K▲ $100K–$250K
XCAPXACAP Strategic FundFundMorgan Stanley Smith Barney LLC Brokerage AccountSelf$100K–$250KSame band
OUSAALPS O'Shares U.S. Quality Dividend ETFFundMorgan Stanley Smith Barney LLC Brokerage AccountSelf$100K–$250KSame band
OUSAALPS O'Shares U.S. Quality Dividend ETFMorgan Stanley Smith Barney LLC IRASelf$100K–$250KSame band
ATHENE ANNUITY AND LIFE COMPANY MYG 3 MVA (04685L511)FOtherMorgan Stanley Smith Barney LLC IRASelf$100K–$250KNew
ATHENE ANNUITY AND LIFE COMPANY MYG 5 MVA (3300956222)OtherMorgan Stanley Smith Barney LLC Brokerage AccountSelf$100K–$250KNew
AMZNAmazon.com, Inc.Morgan Stanley Smith Barney LLC Brokerage Account - Spous...Self$100K–$250KSame band
ARCCAres Capital Corporation - Closed End FundMorgan Stanley Smith Barney LLC IRASelf$100K–$250KSame band
MDFGXBlackRock Capital Appreciation Fund Inc. Investor AFundMorgan Stanley Smith Barney LLC Brokerage Account - Spous...Self$100K–$250KSame band
FOFCohen & Steers Closed-End Opportunity Fund, Inc.Morgan Stanley Smith Barney LLC IRASelf$100K–$250KSame band
COSTCostco Wholesale CorporationMorgan Stanley Smith Barney LLC IRASelf$100K–$250KSame band
DUSADavis Select U.S. Equity ETFFundMorgan Stanley Smith Barney LLC Brokerage AccountSelf$100K–$250KNew
DODGXDodge & Cox Stock Fund - Class IFundMorgan Stanley Smith Barney LLC Brokerage AccountSelf$100K–$250KSame band
FID GROWTH COMPANYFundGM Retirement Savings PlanSelf$100K–$250KSame band
PCOXXFederated Hermes Prime Cash Obligations Fund Wealth SharesFundMorgan Stanley Smith Barney LLC Brokerage AccountSelf$100K–$250K▼ $250K–$500K
FVFirst Trust Dorsey Wright Focus 5 ETFMorgan Stanley Smith Barney LLC Brokerage Account - Spous...Self$100K–$250KSame band
GDVGabelli Dividend & Income Trust Common Shares of Beneficial InterestMorgan Stanley Smith Barney LLC IRASelf$100K–$250K▼ $250K–$500K
HDHome Depot, Inc.Morgan Stanley Smith Barney LLC Brokerage Account - Spous...Self$100K–$250KSame band
JCIJohnson Controls International plc Ordinary ShareMorgan Stanley Smith Barney LLC Brokerage Account - Spous...Self$100K–$250K▲ $50K–$100K
LSV LARGE CAP VALUEFundGM Retirement Savings PlanSelf$100K–$250KSame band
MASSACHUSETTS MUTUAL STABLE VOYAGE FIXED DEFERRED AOtherMorgan Stanley Smith Barney LLC Brokerage AccountSelf$100K–$250KSame band
MASSACHUSETTS MUTUAL STABLE VOYAGE FIXED DEFERRED AOtherMorgan Stanley Smith Barney LLC IRASelf$100K–$250KSame band
MMCMarsh & McLennan Companies, Inc.Morgan Stanley Smith Barney LLC Brokerage AccountSelf$100K–$250KSame band
MQIFXMutual Quest Fund Class ZFundMorgan Stanley Smith Barney LLC Brokerage Account - Spous...Self$100K–$250K▼ $250K–$500K
NICSXNicholas FdFundMorgan Stanley Smith Barney LLC IRASelf$100K–$250KSame band
PRUDENTIAL WEALTHGUARD MULTI-YEAR POLICY (74430V148)OtherMorgan Stanley Smith Barney LLC Brokerage AccountSelf$100K–$250KNew
PEPPepsico, Inc.Morgan Stanley Smith Barney LLC Brokerage AccountSelf$100K–$250KSame band
PGProcter & Gamble CompanyMorgan Stanley Smith Barney LLC Brokerage AccountSelf$100K–$250KSame band
RTXRTX CorporationMorgan Stanley Smith Barney LLC IRASelf$100K–$250K▲ $50K–$100K
SDYSPDR S&P Dividend ETFMorgan Stanley Smith Barney LLC IRASelf$100K–$250KSame band
TQCAXTouchstone Dividend Equity Fund Class AFundMorgan Stanley Smith Barney LLC IRASelf$100K–$250KSame band
UNHUnitedHealth Group IncorporatedMorgan Stanley Smith Barney LLC Brokerage AccountSelf$100K–$250KSame band
WELLS FARGO BANK - CHECKING ACCOUNTCashSelf$100K–$250KSame band
AMGNAmgen Inc.Morgan Stanley Smith Barney LLC IRASelf$50K–$100KSame band
MBXAXCatalyst/Millburn Hedge Strategy Fund Class AFundMorgan Stanley Smith Barney LLC Brokerage Account - Spous...Self$50K–$100KSame band
CSCOCisco Systems, Inc.Morgan Stanley Smith Barney LLC Brokerage AccountSelf$50K–$100KSame band
PTACohen & Steers Tax-Advantaged Preferred Securities and Income Fund Common Shares of Beneficial InterMorgan Stanley Smith Barney LLC IRASelf$50K–$100KSame band
CMCSAComcast Corporation - Class AMorgan Stanley Smith Barney LLC Brokerage AccountSelf$50K–$100KSame band
DGFAXDavis Global Fund Class AFundMorgan Stanley Smith Barney LLC Brokerage Account - Spous...Self$50K–$100K▲ $15K–$50K
DODFXDodge & Cox International Stock Fund - Class IFundMorgan Stanley Smith Barney LLC Brokerage AccountSelf$50K–$100KSame band
DODGXDodge & Cox Stock Fund - Class IFundMorgan Stanley Smith Barney LLC IRASelf$50K–$100K▼ $100K–$250K
FEDERAL NATIONAL MORTGAGE ASSOCIATION POOL MA5471BondMorgan Stanley Smith Barney LLC Brokerage AccountSelf$50K–$100KNew
FS CREDIT REITMorgan Stanley Smith Barney LLC IRASelf$50K–$100KSame band
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION POOL (MA9542)BondMorgan Stanley Smith Barney LLC Brokerage AccountSelf$50K–$100KSame band
HRTVXHeartland Value Fund Investor Class ShsFundMorgan Stanley Smith Barney LLC Brokerage Account - Spous...Self$50K–$100KSame band
HONHoneywell International Inc.Morgan Stanley Smith Barney LLC Brokerage AccountSelf$50K–$100K▼ $100K–$250K
JNJJohnson & JohnsonMorgan Stanley Smith Barney LLC Brokerage Account - Spous...Self$50K–$100K▲ $15K–$50K
MORGAN STANLEY PREFERRED SAVINGS - QCCashMorgan Stanley Smith Barney LLC Brokerage AccountSelf$50K–$100K▲ $15K–$50K
MDLZMondelez International, Inc. - Class AMorgan Stanley Smith Barney LLC Brokerage AccountSelf$50K–$100KSame band
MSMorgan StanleyMorgan Stanley Smith Barney LLC IRASelf$50K–$100KSame band
BEGRXMutual Beacon Fd Cl ZFundMorgan Stanley Smith Barney LLC Brokerage Account - Spous...Self$50K–$100KSame band
NVSNovartis AGMorgan Stanley Smith Barney LLC Brokerage AccountSelf$50K–$100K▲ $15K–$50K
AMECXThe Income Fund of America, Class A SharesFundMorgan Stanley Smith Barney LLC Brokerage AccountSelf$50K–$100KSame band
WELLS FARGO BANK - CHECKING ACCOUNTCashSelf$50K–$100K▼ $100K–$250K
DISWalt Disney CompanyMorgan Stanley Smith Barney LLC IRASelf$50K–$100KSame band
WMWaste Management, Inc.Morgan Stanley Smith Barney LLC Brokerage AccountSelf$50K–$100KSame band
OUSAALPS O'Shares U.S. Quality Dividend ETFFundMorgan Stanley Smith Barney LLC Brokerage Account - Spous...Self$15K–$50K▼ $100K–$250K
ARES CAPITAL CORP.BondMorgan Stanley Smith Barney LLC IRASelf$15K–$50KSame band
ABTAbbott LaboratoriesMorgan Stanley Smith Barney LLC Brokerage Account - Spous...Self$15K–$50KSame band
ALCAlcon Inc. Ordinary SharesMorgan Stanley Smith Barney LLC Brokerage AccountSelf$15K–$50KSame band
ALLYAlly Financial Inc.Morgan Stanley Smith Barney LLC Brokerage Account - Spous...Self$15K–$50KSame band
BDXBecton, Dickinson and CompanyMorgan Stanley Smith Barney LLC Brokerage AccountSelf$15K–$50KSame band
CONGRESSIONAL FEDERAL CREDIT UNIONCashSelf$15K–$50KSame band
KOCoca-Cola CompanyMorgan Stanley Smith Barney LLC Brokerage Account - Spous...Self$15K–$50KSame band
CTVACorteva, Inc.Morgan Stanley Smith Barney LLC Brokerage AccountSelf$15K–$50KSame band
DE WITT MICH PUB SCHSBondMorgan Stanley Smith Barney LLC Brokerage AccountSelf$15K–$50KSame band
RPEAXDavis Opportunity Fund Class AFundMorgan Stanley Smith Barney LLC Brokerage AccountSelf$15K–$50K▼ $250K–$500K
DODFXDodge & Cox International Stock Fund - Class IFundMorgan Stanley Smith Barney LLC IRASelf$15K–$50K▼ $50K–$100K
EVNEaton Vance Municipal Income TrustFundMorgan Stanley Smith Barney LLC Brokerage AccountSelf$15K–$50KSame band
EXGEaton Vance Tax-Managed Global Diversified Equity Income Fund Eaton Vance Tax-Managed Global DiversiMorgan Stanley Smith Barney LLC Brokerage AccountSelf$15K–$50KSame band
EXGEaton Vance Tax-Managed Global Diversified Equity Income Fund Eaton Vance Tax-Managed Global DiversiMorgan Stanley Smith Barney LLC Brokerage Account - Spous...Self$15K–$50KSame band
EMREmerson Electric CompanyMorgan Stanley Smith Barney LLC Brokerage AccountSelf$15K–$50KSame band
PCOXXFederated Hermes Prime Cash Obligations Fund Wealth SharesFundMorgan Stanley Smith Barney LLC IRASelf$15K–$50K▼ $250K–$500K
FTGCFirst Trust Global Tactical Commodity Strategy FundFundMorgan Stanley Smith Barney LLC Brokerage AccountSelf$15K–$50KSame band
GSBDGOLDMAN SACHS BDC INCFundMorgan Stanley Smith Barney LLC IRASelf$15K–$50KSame band
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION POOL (MA9309)BondMorgan Stanley Smith Barney LLC Brokerage AccountSelf$15K–$50K▼ $50K–$100K
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION POOL (MA9365)BondMorgan Stanley Smith Barney LLC Brokerage AccountSelf$15K–$50K▼ $50K–$100K
GOVERNMENT NATIONAL MTG ASSN POOL MB0260 (3618N5JEO)BondMorgan Stanley Smith Barney LLC IRASelf$15K–$50KNew
GRAND RAPIDS MICH PUB SC GENL OBLIG REFBondMorgan Stanley Smith Barney LLC Brokerage AccountSelf$15K–$50KSame band
HONHoneywell International Inc.Morgan Stanley Smith Barney LLC Brokerage Account - Spous...Self$15K–$50K▼ $100K–$250K
HONHoneywell International Inc.Morgan Stanley Smith Barney LLC IRASelf$15K–$50K▼ $100K–$250K
IBMInternational Business Machines CorporationMorgan Stanley Smith Barney LLC Brokerage AccountSelf$15K–$50KSame band
OPPAXInvesco Global Fund Class AFundMorgan Stanley Smith Barney LLC Brokerage AccountSelf$15K–$50KSame band
MGM Resorts International (MGM)BondMorgan Stanley Smith Barney LLC IRASelf$15K–$50KSame band
MICHIGAN STBondMorgan Stanley Smith Barney LLC Brokerage AccountSelf$15K–$50KSame band
MARMarriott International - Class AMorgan Stanley Smith Barney LLC Brokerage Account - Spous...Self$15K–$50KSame band
MDTMedtronic plc. Ordinary SharesMorgan Stanley Smith Barney LLC IRASelf$15K–$50KSame band
TEDIXMutual Global Discovery Fund Class AFundMorgan Stanley Smith Barney LLC Brokerage AccountSelf$15K–$50KSame band
PARAMOUNT GLOBAL FXDBondMorgan Stanley Smith Barney LLC IRASelf$15K–$50KSame band
PFEPfizer, Inc.Morgan Stanley Smith Barney LLC IRASelf$15K–$50KSame band
TDToronto Dominion BankMorgan Stanley Smith Barney LLC Brokerage AccountSelf$15K–$50KSame band
UBSIUnited Bankshares, Inc.Morgan Stanley Smith Barney LLC Brokerage AccountSelf$15K–$50KSame band
WESTERN ASSET INTERMEDIATE TERM MUNICIPALS FUND CLASS A (SBLTX)BondMorgan Stanley Smith Barney LLC Brokerage AccountSelf$15K–$50KSame band
AMERICAN TOWER CORPBondMorgan Stanley Smith Barney LLC IRASelf$1K–$15KSame band
DOWDow Inc.Morgan Stanley Smith Barney LLC Brokerage AccountSelf$1K–$15KSame band
DDDuPont de Nemours, Inc.Morgan Stanley Smith Barney LLC Brokerage AccountSelf$1K–$15KSame band
PCOXXFederated Hermes Prime Cash Obligations Fund Wealth SharesFundMorgan Stanley Smith Barney LLC Brokerage Account - Spous...Self$1K–$15K▼ $250K–$500K
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION POOL (MA9365)BondMorgan Stanley Smith Barney LLC IRASelf$1K–$15K▼ $50K–$100K
LYBLyondellBasell Industries NV Ordinary Shares Class AMorgan Stanley Smith Barney LLC IRASelf$1K–$15K▼ $15K–$50K
PGProcter & Gamble CompanySelf$1K–$15K▼ $100K–$250K
QQnity Electronics, Inc.Morgan Stanley Smith Barney LLC Brokerage AccountSelf$1K–$15KNew
SDZNYSANDOZ GROUP AG S/ADRMorgan Stanley Smith Barney LLC Brokerage AccountSelf$1K–$15KSame band
SOLSSolstice Advanced Materials Inc.Morgan Stanley Smith Barney LLC Brokerage AccountSelf$1K–$15KNew
SOLSSolstice Advanced Materials Inc.Morgan Stanley Smith Barney LLC IRASelf$1K–$15KNew
WELLS FARGO BANK - MONEY MARKET ACCOUNTCashSelf$1K–$15KSame band
MMUWestern Asset Managed Municipals Fund, Inc.Morgan Stanley Smith Barney LLC Brokerage AccountSelf$1K–$15KSame band
Prudential Salaried Employees Annuity PlanOtherSelfUndeterminedNew

Not in the 2025 report

Listed in 2024 with a value, gone a year later: sold, or under $1,001.

FORETHOUGHT LIFE SECUREFORE $100K–$250K
FORETHOUGHT LIFE SECUREFORE $100K–$250K
FORETHOUGHT LIFE SECUREFORE $100K–$250K
ALLY FINANCIAL INC. $15K–$50K
Burlington Northern Santa Fe LLC $15K–$50K
GABAX Gabelli Asset Fund $15K–$50K
Morgan Stanley Bank N.A. (MSBNK) $1K–$15K
MORGAN STANLEY PRIVATE BANK NA $0–$1K

Source filings

Every report we read for this page · newest first

Jul 22, 2026 Periodic transaction report 1 trade View original
Jul 15, 2026 Periodic transaction report 2 trades View original
Jun 5, 2026 Periodic transaction report 1 trade View original
May 15, 2026 2025 annual report 124 assets View original
Apr 28, 2026 Periodic transaction report 2 trades View original
Feb 23, 2026 Periodic transaction report 1 trade View original
Jan 12, 2026 Periodic transaction report 1 trade View original
Dec 6, 2025 Periodic transaction report 8 trades View original
May 14, 2025 2024 annual report 119 assets View original
Apr 2, 2025 Periodic transaction report 2 trades View original
Jan 27, 2025 Periodic transaction report 2 trades View original
Nov 9, 2024 Periodic transaction report 1 trade View original
Jun 24, 2024 Periodic transaction report 3 trades View original
May 16, 2024 Periodic transaction report 2 trades View original
May 15, 2024 2023 annual report 120 assets View original
Feb 15, 2024 Periodic transaction report 1 trade View original
Dec 14, 2023 Periodic transaction report 1 trade View original

From STOCK Act disclosures filed with the Clerk of the House. Amounts are the disclosed ranges. Trades cover the last three years; holdings come from the latest annual report. How we read these reports.