The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M CO COM COM 88579Y101   28,051,742 184,260 SH   SOLE   159,960 0 24,300
ABBVIE INC. COM COM 00287Y109   5,126,453 27,618 SH   SOLE   23,918 0 3,700
ALTRIA GROUP INC COM COM 02209S103   2,658,284 45,340 SH   SOLE   37,940 0 7,400
AMERICAN EXPRESS COM 025816109   13,730,494 43,045 SH   SOLE   37,345 0 5,700
AMERICAN TOWER CORP NE COM COM 03027X100   6,002,903 27,160 SH   SOLE   23,560 0 3,600
AMGEN INC COM COM 031162100   36,372,687 130,270 SH   SOLE   112,770 0 17,500
AT&T INC COM COM 00206R102   64,400,414 2,225,308 SH   SOLE   1,931,223 0 294,085
BANK NEW YORK MELLON COM COM 064058100   15,179,746 166,609 SH   SOLE   144,609 0 22,000
BANK OF AMERICA CORP COM COM 060505104   25,577,643 540,525 SH   SOLE   469,125 0 71,400
BERKSHIRE HATHAWAY INC CL A COM 084670108   728,800 1 SH   SOLE   1 0 0
BRISTOL-MYERS SQUIBB COM 110122108   4,008,251 86,590 SH   SOLE   74,990 0 11,600
CAPITAL ONE FINL CORP COM COM 14040H105   28,309,846 133,060 SH   SOLE   115,460 0 17,600
CATERPILLAR INC DEL COM COM 149123101   5,893,028 15,180 SH   SOLE   13,180 0 2,000
CHEVRON CORP NEW COM COM 166764100   39,381,832 275,032 SH   SOLE   233,732 0 41,300
CISCO SYS INC COM COM 17275R102   44,324,315 638,863 SH   SOLE   554,463 0 84,400
CITIGROUP INC COM COM 172967424   54,674,278 642,320 SH   SOLE   557,520 0 84,800
COCA COLA CO COM COM 191216100   67,235,494 950,325 SH   SOLE   824,525 0 125,800
COMCAST CORP NEW CL A COM 20030N101   20,383,273 571,120 SH   SOLE   495,620 0 75,500
CONOCOPHILLIPS COM COM 20825C104   17,703,458 197,275 SH   SOLE   164,175 0 33,100
CVS HEALTH CORP COM COM 126650100   83,246,788 1,206,825 SH   SOLE   1,046,925 0 159,900
DOW INC COM COM 260557103   3,292,258 124,330 SH   SOLE   107,930 0 16,400
DUKE ENERGY CORP COM COM 26441C204   43,296,088 366,916 SH   SOLE   318,116 0 48,800
EXXON MOBIL CORP. COM 30231G102   34,268,219 317,887 SH   SOLE   274,187 0 43,700
FEDEX CORP COM COM 31428X106   57,321,899 252,175 SH   SOLE   218,675 0 33,500
FORD MTR CO COM 345370860   5,471,492 504,285 SH   SOLE   437,785 0 66,500
GENERAL DYNAMICS CORP COM COM 369550108   41,654,590 142,819 SH   SOLE   123,619 0 19,200
GENERAL MTRS CO COM COM 37045V100   11,812,614 240,045 SH   SOLE   208,345 0 31,700
GILEAD SCIENCES INC COM COM 375558103   25,240,110 227,655 SH   SOLE   196,955 0 30,700
GOLDMAN SACHS GROUP COM COM 38141G104   15,860,677 22,410 SH   SOLE   19,410 0 3,000
INTERNATIONAL BUSINESS MACHINE COM 459200101   68,457,349 232,232 SH   SOLE   201,532 0 30,700
ISHARES TR S&P500/VALUE INDEX COM 464287408   4,056,333 20,757 SH   SOLE   0 0 20,757
JOHNSON & JOHNSON COM COM 478160104   67,076,344 439,125 SH   SOLE   379,925 0 59,200
JPMORGAN CHASE & CO. COM 46625H100   28,756,173 99,190 SH   SOLE   86,090 0 13,100
KRAFT HEINZ CO COM COM 500754106   4,187,488 162,180 SH   SOLE   140,780 0 21,400
MCDONALDS CORP COM COM 580135101   29,808,644 102,025 SH   SOLE   88,525 0 13,500
MEDTRONIC PLC SHS COM G5960L103   29,383,699 337,085 SH   SOLE   292,585 0 44,500
MERCK & CO. INC. COM 58933Y105   57,359,732 724,605 SH   SOLE   626,605 0 98,000
METLIFE INC COM COM 59156R108   23,321,800 290,000 SH   SOLE   251,700 0 38,300
MONDELEZ INTL INC CL A COM 609207105   67,462,592 1,000,335 SH   SOLE   868,035 0 132,300
MORGAN STANLEY COM 617446448   50,663,820 359,675 SH   SOLE   312,175 0 47,500
NEXTERA ENERGY INC COM COM 65339F101   21,503,539 309,760 SH   SOLE   268,560 0 41,200
NIKE INC CL B COM 654106103   20,620,070 290,260 SH   SOLE   251,960 0 38,300
PEPSICO INC COM COM 713448108   4,343,456 32,895 SH   SOLE   28,595 0 4,300
PFIZER INC COM COM 717081103   19,209,715 792,480 SH   SOLE   685,778 0 106,702
PROCTER & GAMBLE CO COM COM 742718109   27,586,258 173,150 SH   SOLE   149,850 0 23,300
QUALCOMM INC COM COM 747525103   22,769,402 142,970 SH   SOLE   124,070 0 18,900
SIMON PPTY GROUP INC N COM COM 828806109   9,792,695 60,915 SH   SOLE   52,915 0 8,000
SOUTHERN CO. COM 842587107   29,262,089 318,655 SH   SOLE   276,255 0 42,400
STANDARD & POOR'S DEPOSITARY R COM 78462F103   2,025,312 3,278 SH   SOLE   300 0 2,978
TARGET CORP COM COM 87612E106   51,305,399 520,075 SH   SOLE   450,875 0 69,200
UNION PAC CORP COM COM 907818108   22,101,485 96,060 SH   SOLE   83,360 0 12,700
UNITED PARCEL SERVICE CL B COM 911312106   21,543,119 213,425 SH   SOLE   185,225 0 28,200
US BANCORP DEL COM NEW COM 902973304   4,720,751 104,326 SH   SOLE   90,526 0 13,800
VERIZON COMMUNICATIONS COM COM 92343V104   76,866,818 1,776,446 SH   SOLE   1,540,746 0 235,700
WELLS FARGO & CO NEW COM 949746101   14,591,454 182,120 SH   SOLE   158,020 0 24,100
HSBC HOLDINGS PLC COM 404280406   155,216 12,845 SH   SOLE   12,845 0 0
HONDA MOTOR CO LTD COM 385460000   109,092 11,300 SH   SOLE   11,300 0 0
SCHWAB CAP TR S&P 500IDX SEL ETF 808509855   711,427 7,422 SH   SOLE   4,897 0 2,525