ADVERTISEMENT
J&J Joins Century Club in the S&P 500 With Longstanding Auditors
This year, eight companies in the S&P 500 will have their annual reports signed by the same auditors for at least 100 years.
13 Nov 2020, 11:10 PM IST 
An investor uses a calculator at a brokerage. (Photographer: Maurice Tsai/Bloomberg News)
(Bloomberg) -- This year, eight companies in the S&P 500 will have their annual reports signed by the same auditors that have verified their financial statements for at least 100 years.
Johnson & Johnson is the latest to join the club with PwC, carrying on a relationship that started in 1920. Meanwhile, General Electric Co. will get one last signature out of an 111-year streak with KPMG. The manufacturer is dropping KPMG after a series of financial missteps and will switch to Deloitte in 2021.
Coca-Cola Co. could take the empty spot on the list next year if it remains linked to Ernst & Young, which started working with the beverage company in 1921.
| Company | Auditor | Years | Since |
|---|---|---|---|
| Procter & Gamble Co. | Deloitte | 130 | 1890 |
| Dow Inc. | Deloitte | 115 | 1905 |
| Trane Technologies Plc | PwC | 114 | 1906 |
| Sherwin-Williams Co. | Ernst & Young | 112 | 1908 |
| General Electric Co. | KPMG | 111 | 1909 |
| Deere & Co. | Deloitte | 110 | 1910 |
| A.O. Smith Corp. | Ernst & Young | 103 | 1917 |
| Johnson & Johnson | PwC | 100 | 1920 |
©2020 Bloomberg L.P.