This could be a good investment list.
The entire list is 163 companies, but here are top 20 ranked by free cash flow (operating cash flow minus capital expenditures).
The list shows company name, ticker symbol, industry, free cash flow.
Tokyo Dome, TKDOY, business support, $39.8 billion
Volkswagen AG, VLKAY, auto maker, $19.5 billion
Hennes & Mauritz AB, HNNMY, specialty retail, $11.8 billion
Arcelor Mittal, MT, steel/iron, $11.1 billion
BHP Billiton Ltd., BBL, mining, $9.3 billion
Apple Inc., AAPL, computer equipment, $8.5 billion
Oracle Corp., ORCL, business applications, $7.6 billion
Nestle SA, NSRGY, food manufacturing, $7.1 billion
MMC Norilsk Nickel, MMC, metal products, $6.2 billion
United Technologies, UTX, diversified-industrial materials, $4.9 billion
Google Inc., GOOG, business/online services, $4.8 billion
SAP Corp., SAP, business applications, $3.3 billion
Bank of Nova Scotia, BNS, international bank, $3.3 billion
Bayer AG, BAYRY, chemicals, $3.2 billion
Imperial Oil, IMO, imperial/gas services, $3.2 billion
Bristol-Myers Squibb Co., BMY, drugs, $3 billion
General Dynamics, GD, aerospace/defense, $2.9 billion
BCE Inc., BCE, telecom services, $2.9 billion
Emerson Electric Co., EMR, electric equipment, $2.6 billion
eBay, Inc., EBAY, online retail, $2.5 billion
Source: Morningstar Inc.