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Our success stems from our commitment sustainable value creation. Together with our customers, employees, and investors, we are determined to build a better world for future generations.
We're committed to providing our customers with the most efficient and comprehensive building materials. From our specialty products to our web-based inventory management system, we leverage our global industry knowledge and agility to deliver customized materials that are tailored to each local market sector and channel.
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Our success stems from our people—motivated employees who can deliver consistently positive results for our customers, our stockholders, our communities, and each other. Through their passion, discipline, and integrity, they successfully position us for the challenges and opportunities that lie ahead. With each acquisition, we further strengthen our already-considerable pool of talent.
Our track record of performance is unparalleled in our industry. We leverage our strong cement franchise to grow our existing markets, expand our share of the construction industry, and take advantage of opportunities across our industry's value chain.
We are regularly the most profitable global enterprise in our industry. We generate free cash flow of more than US$2 billion annually and possess solid, stable investment-grade credit ratings. Our financial discipline and flexibility allow us to strengthen our balance sheet, access low-cost capital, and embrace attractive investment opportunities when they arise.
Since we made our first batch of cement in 1906, we set in motion a philosophy that still guides us today: continuous improvement. We relentlessly search for new ways to make our company even better. For example, our novel energy, procurement, and information technology initiatives enable us to control our costs, make better informed decisions, and manage our company with greater agility.
We combine our strong economic performance with our unwavering commitment to society and the environment. We continually work to improve the societal and environmental impact of our operations-from developing alternative fuels programs to devising ways to help build communities and enhance their quality of life.
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