{
  "docId": "019dd923-622b-71dc-a6db-4e5c6908a228",
  "docSlug": "e685a047c782",
  "documentTitle": "E.I. du Pont de Nemours and Company (DuPont) (DD)",
  "authorId": "06_Trian_Partners",
  "authorName": "Nelson Peltz",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2015-02-17 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 46,
  "pageCount": 95,
  "prevPage": 45,
  "nextPage": 47,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "overcrowded",
  "nDataPoints": 8,
  "notes": "Uses a line chart to visualize the delta between promised and actual performance, highlighting a 51% shortfall.",
  "elementsJson": [
    "headline_text",
    "bullet_list",
    "quote_block",
    "line_chart",
    "callout_box",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622b-71dc-a6db-4e5c6908a228/46",
  "deckHref": "/decks/019dd923-622b-71dc-a6db-4e5c6908a228",
  "deckJsonHref": "/decks/019dd923-622b-71dc-a6db-4e5c6908a228.json",
  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-4e5c6908a228#slide-46",
  "components": [
    {
      "bbox": {
        "h": 0.07,
        "w": 0.12,
        "x": 0.81,
        "y": 0.575
      },
      "kind": "callout",
      "text": "Should be 51% Higher",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5cfb9aed-4116-42c0-b781-90ce21ab7375",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "callout",
      "text": "If 2011 earnings compounded at the 12% long-term earnings outlook, EPS in 2014 would have been $6.07, 51% higher than current 2014 actual EPS",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-5374-767b-b3c3-3bbbe5a82932",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.5,
        "w": 0.85,
        "x": 0.07,
        "y": 0.36
      },
      "kind": "chart",
      "text": "Actual EPS vs. Long-Term Guidance",
      "attrs": null,
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2234fe63-c579-484b-816f-301e2ee1cc8a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.85,
        "x": 0.07,
        "y": 0.27
      },
      "kind": "list",
      "text": "If 2011 earnings compounded at the 12% long-term earnings outlook, EPS in 2014 would have been $6.07, 51% higher than current 2014 actual EPS",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "28500ae2-9936-472e-b649-4dce2c3d0db5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.85,
        "x": 0.07,
        "y": 0.14
      },
      "kind": "list",
      "text": "Despite long-term guidance in 2011 of 12% annual EPS growth(1), EPS is down >7% from 2011",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d1ed1a63-dfba-44b3-bb13-57bce534828b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "EPS: 51%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd953-5374-767b-b3c3-402b46add9d4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.85,
        "x": 0.1,
        "y": 0.18
      },
      "kind": "quote",
      "text": "For the long term, we expect the company to grow sales at 7% and earnings at 12% compounded annually.",
      "attrs": null,
      "subkind": "pull-quote",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ce04484a-ed3f-4e89-9525-e8e0020d2914",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "\"For the long term, we expect the company to grow sales at 7% and earnings at 12% compounded annually. These performance goals reflect the diversity of our portfolio, attractive returns on growth investments, such as research and development and capital expenditures, plus benefits from ongoing productivity.\" — DuPont's CEO (12/13/11)",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd953-5374-767b-b3c3-3ec0bc79490f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.2,
        "x": 0.07,
        "y": 0.95
      },
      "kind": "source-note",
      "text": "(1) December 13, 2011 Investor Day.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3570b54d-588b-4e6d-ab49-28288ce00b45",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.6,
        "x": 0.06,
        "y": 0.07
      },
      "kind": "title",
      "text": "Not Subjective: EPS Has Declined Over The Last 3 Years",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "21f3d9d7-196f-4c1b-a6bd-193151d7e7a0",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "ceo-quote-contradiction",
      "slug": null,
      "matchId": "51cb322b-5190-4f5c-9da8-41ffeab12051",
      "evidence": "Contrasts CEO guidance quote with actual EPS performance data.",
      "confidence": 1
    }
  ],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}