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Selling, General & Admin Expense<br />

3,000<br />

2,500<br />

$ SG&A<br />

% of Sales<br />

2,326<br />

2,069<br />

2,513 2,597 2,644<br />

2,535<br />

2,728<br />

2,961<br />

$ Millions<br />

2,000<br />

1,500<br />

1,000<br />

33.8<br />

32.4 32.2 32.4 33.1<br />

35.7 35.1<br />

33.8<br />

500<br />

0<br />

2004 2005 2006 2007 2008 2009 2010 2011<br />

Financial Community<br />

The<br />

Presentation<br />

<strong>Sherwin</strong>-<strong>Williams</strong><br />

– Thursday,<br />

Company -May 2 nd Quarter<br />

12, 2011<br />

2012

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