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Supply chain

172 of 521 companies added a paragraph in Risk Factors that uses one of these words: supply chain, supply chains, single source, sole source, shortage, shortages. The paragraph is in the latest 10-K and nothing like it was in the one before. It counts text; it does not say how serious a risk is. Words in capitals only (such as AI) must be in capitals.

By sector

Sector is the SEC's industry description of the company. Each count opens that sector's quotes below.

SectorCompaniesCompared
Computer Storage Devices55
Computer Communications Equipment33
Computer Peripheral Equipment, NEC22
Cutlery, Handtools & General Hardware22
Optical Instruments & Lenses22
Services-Medical Laboratories22
Wholesale-Groceries & Related Products22
Apparel & Other Finishd Prods of Fabrics & Similar Matl11
Canned, Fruits, Veg, Preserves, Jams & Jellies11
Communications Equipment, NEC11
Communications Services, NEC11
Drawing & Insulating of Nonferrous Wire11
Engines & Turbines11
Farm Machinery & Equipment11
Gas & Other Services Combined11
Grain Mill Products11
Guided Missiles & Space Vehicles & Parts11
Heavy Construction Other Than Bldg Const - Contractors11
Meat Packing Plants11
Misc Industrial & Commercial Machinery & Equipment11
Miscellaneous Manufacturing Industries11
Oil Royalty Traders11
Ophthalmic Goods11
Ordnance & Accessories, (No Vehicles/Guided Missiles)11
Paper Mills11
Radiotelephone Communications11
Real Estate Operators (No Developers) & Lessors11
Retail-Eating & Drinking Places11
Retail-Radio, Tv & Consumer Electronics Stores11
Retail-Retail Stores, NEC11
Special Industry Machinery, NEC11
Telephone & Telegraph Apparatus11
Wholesale-Motor Vehicle Supplies & New Parts11
Laboratory Analytical Instruments45
Orthopedic, Prosthetic & Surgical Appliances & Supplies45
Semiconductors & Related Devices1115
Computer & office Equipment23
Electronic Computers23
Measuring & Controlling Devices, NEC23
Plastic Materials, Synth Resins & Nonvulcan Elastomers23
Wholesale-Drugs, Proprietaries & Druggists' Sundries23
Biological Products, (No Diagnostic Substances)35
National Commercial Banks611
Real Estate Investment Trusts1427
Motor Vehicles & Passenger Car Bodies24
Search, Detection, Navigation, Guidance, Aeronautical Sys24
Aircraft Engines & Engine Parts12
Arrangement of Transportation of Freight & Cargo12
Cigarettes12
Fats & Oils12
Industrial Organic Chemicals12
Men's & Boys' Furnishgs, Work Clothg, & Allied Garments12
Mining & Quarrying of Nonmetallic Minerals (No Fuels)12
Printed Circuit Boards12
Pumps & Pumping Equipment12
Retail-Auto & Home Supply Stores12
Rubber & Plastics Footwear12
Ship & Boat Building & Repairing12
Telephone Communications (No Radiotelephone)12
Finance Services1328
Pharmaceutical Preparations511
Surgical & Medical Instruments & Apparatus410
Industrial Instruments For Measurement, Display, and Control25
Retail-Variety Stores25
Petroleum Refining26
Air Transportation, Scheduled13
Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip13
Operative Builders13
Perfumes, Cosmetics & Other Toilet Preparations13
Retail-Building Materials, Hardware, Garden Supply13
Services-Commercial Physical & Biological Research13
Services-Consumer Credit Reporting, Collection Agencies13
Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics13
Water Transportation13
Services-Prepackaged Software619
Crude Petroleum & Natural Gas27
Investment Advice28
Electronic & Other Electrical Equipment (No Computer Equip)14
Retail-Eating Places14
Electric Services315
Electric & Other Services Combined212
Fire, Marine & Casualty Insurance212
Insurance Agents, Brokers & Service16
Services-Business Services, NEC216

370 paragraphs · Petroleum Refining show all sectors

PSX Phillips 66 · Petroleum Refining

The regulatory landscape governing cybersecurity continues to evolve, and federal, state and international authorities are increasing their oversight of cybersecurity practices, incident reporting and the protection of critical energy infrastructure. Requirements related to operational technology, supply chain security, data governance and timely disclosure of cyber incidents are becoming more prescriptive, and additional rulemaking may further expand our compliance obligations. As cyber threats targeting the energy sector grow in frequency and sophistication, we are required to devote additional resources to maintain and enhance our cybersecurity programs and controls. Failure to comply with applicable cybersecurity laws and regulations, or to effectively identify, prevent or respond to a cyber event, could result in operational disruptions, increased costs, regulatory enforcement actions or adverse effects on our business.

Read in the 10-K filed Feb 20, 2026 ↗
VLO VALERO ENERGY CORP/TX · Petroleum Refining

In addition to voluntary disclosures in response to investor and stakeholder requests discussed above, many governments have also proposed or adopted regulations that impose disclosure obligations with respect to various climate-related matters and other sustainability-related matters. In October 2023, California adopted a host of broad and far-reaching climate-related disclosure obligations, including with respect to GHG emissions, climate-related financial-risk reporting, and statements regarding GHG emissions reductions; and carbon offsets, certain of which are currently subject to ongoing litigation and potential delays, creating substantial uncertainty. New York also recently adopted certain GHG reporting requirements that are even broader in scope than California’s and require extremely burdensome (perhaps even infeasible) and detailed disclosures, including with respect to the quantity and type of fuel and feedstock related to such emissions. Other U.S. states have proposed or announced disclosure obligations with respect to climate-related matters. The U.K. has adopted and the EU has provisionally adopted certain burdensome disclosures related to various environmental, climate, social, supply chain, human rights, and other sustainability-related matters. In the EU, these include its Corporate Sustainability Reporting Directive (CSRD) and its Corporate Sustainability Due Diligence Directive (CSDDD), which also provides a private cause of action. Although the scope of CSRD and CSDDD have been simplified with provisional agreements by applicable governance bodies within the EU, endorsement and formal adoption are still pending. Further, the scope and extent to which the CSRD and the CSDDD will require any extraterritorial disclosure obligations on non-EU parent companies remains unknown and presents considerable uncertainty for many companies, including us. Some governments have also adopted laws

Read in the 10-K filed Feb 25, 2026 ↗