NPORT-P false 0000775688 XXXXXXXX S000002076 C000005438 C000005437 C000005436 C000225772 C000166330 T. ROWE PRICE EQUITY INCOME FUND, INC. 811-04400 0000775688 549300C7SV7JCOR39E92 100 East Pratt Street Baltimore 21202 410-345-2000 T. Rowe Price Equity Income Fund, Inc. S000002076 549300MTM2TG5D07WI51 2021-12-31 2021-06-30 N 19280745076.26 292441521.76 18988303554.50 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 N ANTHEM INC 8MYN82XMYQH89CTMTH67 036752103 980000.00000000 NS USD 374164000.00000000 1.970497253354 Long EC CORP US N 1 N N N T. ROWE PRICE GOVERNMENT RESERVE FUND 5493002Y0IYARJVQ5N24 76105Y109 203852261.04000000 NS USD 203852261.04000000 1.073567527793 Long STIV RF US N 1 N N N Kohl's Corp 549300JF6LPRTRJ0FH50 500255104 2610000.00000000 NS USD 143837100.00000000 0.757503689506 Long EC CORP US N 1 N N N NXP Semiconductors NV 724500M9BY5293JDF951 000000000 390000.00000000 NS USD 80230800.00000000 0.422527477347 Long EC CORP NL N 1 N N N Occidental Petroleum Corp IM7X0T3ECJW4C1T7ON55 674599105 1247300.00000000 NS USD 39003071.00000000 0.205405769336 Long EC CORP US N 1 N N N Verizon Communications Inc 2S72QS2UO2OESLG6Y829 92343V104 720000.00000000 NS USD 40341600.00000000 0.212454998332 Long EC CORP US N 1 N N N Biogen Inc W8J5WZB5IY3K0NDQT671 09062X103 185000.00000000 NS USD 64059950.00000000 0.337365314474 Long EC CORP US N 1 N N N TEXAS INSTRUMENTS INC WDJNR2L6D8RWOEB8T652 882508104 1100000.00000000 NS USD 211530000.00000000 1.114001571508 Long EC CORP US N 1 N N N Sanofi 549300E9PC51EN656011 000000000 1055000.00000000 NS 110841041.33000000 0.583733249323 Long EC CORP FR N 2 N N N CF Industries Holdings Inc 529900CG8YAQFZ2JMV97 125269100 6500000.00000000 NS USD 334425000.00000000 1.761215787603 Long EC CORP US N 1 N N N Halliburton Co ENYF8GB5SMQZ25S06U51 406216101 3370000.00000000 NS USD 77914400.00000000 0.410328388612 Long EC CORP US N 1 N N N TE Connectivity Ltd 894500ZRIX9K13RHXR17 000000000 405000.00000000 NS USD 54760050.00000000 0.288388322015 Long EC CORP CH N 1 N N N Dominion Energy Inc ILUL7B6Z54MRYCF6H308 25746U109 800000.00000000 NS USD 58856000.00000000 0.309959232698 Long EC CORP US N 1 N N N Southwest Airlines Co UDTZ87G0STFETI6HGH41 844741108 750000.00000000 NS USD 39817500.00000000 0.209694878142 Long EC CORP US N 1 N N N Bank of New York Mellon Corp/T WFLLPEPC7FZXENRZV188 064058100 2070000.00000000 NS USD 106046100.00000000 0.558481170767 Long EC CORP US N 1 N N N Mattel Inc 549300VELLG24KHTJ564 577081102 6050000.00000000 NS USD 121605000.00000000 0.640420560219 Long EC CORP US N 1 N N N Equitable Holdings Inc 549300FIBAKMNHPZ4009 29452E101 6900000.00000000 NS USD 210105000.00000000 1.106496951646 Long EC CORP US N 1 N N N Hess Corp UASVRYNXNK17ULIGK870 42809H107 240000.00000000 NS USD 20956800.00000000 0.110366889489 Long EC CORP US N 1 N N N TotalEnergies SE 529900S21EQ1BO4ESM68 89151E109 1400000.00000000 NS USD 63364000.00000000 0.333700163461 Long EC CORP FR N 1 N N N Cigna Corp 549300VIWYMSIGT1U456 125523100 420000.00000000 NS USD 99569400.00000000 0.524372278514 Long EC CORP US N 1 N N N Pfizer Inc 765LHXWGK1KXCLTFYQ30 717081103 4260000.00000000 NS USD 166821600.00000000 0.878549258079 Long EC CORP US N 1 N N N Mondelez International Inc 549300DV9GIB88LZ5P30 609207105 150000.00000000 NS USD 9366000.00000000 0.049325101492 Long EC CORP US N 1 N N N MICROSOFT CORP INR2EJN1ERAN0W5ZP974 594918104 995000.00000000 NS USD 269545500.00000000 1.419534395088 Long EC CORP US N 1 N N N NextEra Energy Inc N/A 65339F101 1430000.00000000 NS USD 104790400.00000000 0.551868152408 Long EC CORP US N 1 N N N PHILIP MORRIS INTERNATIONAL INC HL3H1H2BGXWVG3BSWR90 718172109 2430000.00000000 NS USD 240837300.00000000 1.268345533389 Long EC CORP US N 1 N N N Comcast Corp 51M0QTTNCGUN7KFCFZ59 20030N101 5670000.00000000 NS USD 323303400.00000000 1.702644994441 Long EC CORP US N 1 N N N TJX Cos Inc/The V167QI9I69W364E2DY52 872540109 1600000.00000000 NS USD 107872000.00000000 0.568097090350 Long EC CORP US N 1 N N N CyrusOne Inc 5493006S177ZK2ZNBU43 23283R100 270000.00000000 NS USD 19310400.00000000 0.101696288689 Long EC CORP US N 1 N N N International Paper Co 824LMFJDH41EY779Q875 460146103 5700000.00000000 NS USD 349467000.00000000 1.840432974946 Long EC CORP US N 1 N N N Goldman Sachs Group Inc/The 784F5XWPLTWKTBV3E584 38141G104 445000.00000000 NS USD 168890850.00000000 0.889446756079 Long EC CORP US N 1 N N N 3M Co LUZQVYP4VS22CLWDAR65 88579Y101 210000.00000000 NS USD 41712300.00000000 0.219673652679 Long EC CORP US N 1 N N N Entergy Corp 4XM3TW50JULSLG8BNC79 29364G103 525000.00000000 NS USD 52342500.00000000 0.275656536929 Long EC CORP US N 1 N N N Zimmer Biomet Holdings Inc 2P2YLDVPES3BXQ1FRB91 98956P102 600000.00000000 NS USD 96492000.00000000 0.508165459452 Long EC CORP US N 1 N N N NISOURCE INC 549300D8GOWWH0SJB189 65473P105 9360000.00000000 NS USD 229320000.00000000 1.207690825785 Long EC CORP US N 1 N N N Franklin Resources Inc RIFQSET379FOGTEFKS80 354613101 1460000.00000000 NS USD 46705400.00000000 0.245969314035 Long EC CORP US N 1 N N N Morgan Stanley IGJSJL3JD5P30I6NJZ34 617446448 3120000.00000000 NS USD 286072800.00000000 1.506573766207 Long EC CORP US N 1 N N N Southern Co/The 549300FC3G3YU2FBZD92 842587107 7200000.00000000 NS USD 435672000.00000000 2.294422978595 Long EC CORP US N 1 N N N Caterpillar Inc WRJR7GS4GTRECRRTVX92 149123101 215000.00000000 NS USD 46790450.00000000 0.246417221347 Long EC CORP US N 1 N N N Rayonier Inc HGV8VDVNL0W6SF2U9C50 754907103 4140000.00000000 NS USD 148750200.00000000 0.783378038870 Long EC CORP US N 1 N N N BECTON DICKINSON AND CO ICE2EP6D98PQUILVRZ91 075887406 1324100.00000000 NS USD 70570116.77000000 0.371650456121 Long EP CORP US N 2 N N N Wells Fargo & Co PBLD0EJDB5FWOLXP3B76 949746101 15870000.00000000 NS USD 718752300.00000000 3.785237043093 Long EC CORP US N 1 N N N PNC FINANCIAL SERVICES GROUP INC/THE CFGNEKW0P8842LEUIA51 693475105 855000.00000000 NS USD 163099800.00000000 0.858948770920 Long EC CORP US N 1 N N N AT&T Inc 549300Z40J86GGSTL398 00206R102 2070000.00000000 NS USD 59574600.00000000 0.313743667668 Long EC CORP US N 1 N N N Organon & Co 549300AMCKY57OK2CO56 68622V106 81000.00000000 NS USD 2451060.00000000 0.012908262146 Long EC CORP US N 1 N N N AbbVie Inc FR5LCKFTG8054YNNRU85 00287Y109 2705000.00000000 NS USD 304691200.00000000 1.604625706164 Long EC CORP US N 1 N N N TYSON FOODS INC WD6L6041MNRW1JE49D58 902494103 4260000.00000000 NS USD 314217600.00000000 1.654795538201 Long EC CORP US N 1 N N N Chubb Ltd E0JAN6VLUDI1HITHT809 000000000 2140000.00000000 NS USD 340131600.00000000 1.791269025291 Long EC CORP CH N 1 N N N Citizens Financial Group Inc 2138004JDDA4ZQUPFW65 174610105 1800000.00000000 NS USD 82566000.00000000 0.434825574401 Long EC CORP US N 1 N N N SEMPRA ENERGY PBBKGKLRK5S5C0Y4T545 816851109 2120000.00000000 NS USD 280857600.00000000 1.479108437433 Long EC CORP US N 1 N N N United Parcel Service Inc D01LMJZU09ULLNCY6Z23 911312106 2345000.00000000 NS USD 487689650.00000000 2.568368725516 Long EC CORP US N 1 N N N BECTON DICKINSON AND CO ICE2EP6D98PQUILVRZ91 075887109 1155000.00000000 NS USD 280884450.00000000 1.479249840270 Long EC CORP US N 1 N N N Siemens AG W38RGI023J3WT1HWRP32 000000000 275000.00000000 NS 43664166.23000000 0.229952960803 Long EC CORP DE N 2 N N N JPMORGAN CHASE & CO 8I5DZWZKVSZI1NUHU748 46625H100 1080000.00000000 NS USD 167983200.00000000 0.884666708207 Long EC CORP US N 1 N N N Volkswagen AG 529900NNUPAGGOMPXZ31 000000000 895000.00000000 NS 224404685.76000000 1.181804815348 Long EP CORP DE N 2 N N N PACCAR Inc KDTEY8BWE486IKZ3CC07 693718108 750000.00000000 NS USD 66937500.00000000 0.352519643515 Long EC CORP US N 1 N N N NISOURCE INC 549300D8GOWWH0SJB189 65473P121 522895.00000000 NS USD 53605960.84000000 0.282310426974 Long EP CORP US N 2 N N N General Motors Co 54930070NSV60J38I987 37045V100 480000.00000000 NS USD 28401600.00000000 0.149574183488 Long EC CORP US N 1 N N N Edison International 549300I7ROF15MAEVP56 281020107 1390000.00000000 NS USD 80369800.00000000 0.423259506934 Long EC CORP US N 1 N N N SEMPRA ENERGY PBBKGKLRK5S5C0Y4T545 816851505 264800.00000000 NS USD 25634295.00000000 0.135000448704 Long EP CORP US N 2 N N N Welltower Inc T6IZ0MBEG5ACZDTR7D06 95040Q104 810000.00000000 NS USD 67311000.00000000 0.354486643879 Long EC CORP US N 1 N N N Raymond James Financial Inc RGUZHJ05YTITL6D76949 754730109 870000.00000000 NS USD 113013000.00000000 0.595171652252 Long EC CORP US N 1 N N N Chevron Corp N/A 166764100 395000.00000000 NS USD 41372300.00000000 0.217883076712 Long EC CORP US N 1 N N N Hartford Financial Services Gr IU7C3FTM7Y3BQM112U94 416515104 850000.00000000 NS USD 52674500.00000000 0.277404981697 Long EC CORP US N 1 N N N Cummins Inc ZUNI8PYC725B6H8JU438 231021106 75000.00000000 NS USD 18285750.00000000 0.096300072028 Long EC CORP US N 1 N N N Airbus SE MINO79WLOO247M1IL051 000000000 80689.00000000 NS 10397007.11000000 0.054754797236 Long EC CORP FR N 2 N N N EOG Resources Inc XWTZDRYZPBUHIQBKDB46 26875P101 2535000.00000000 NS USD 211520400.00000000 1.113951014069 Long EC CORP US N 1 N N N Flowserve Corp 6Y0GK87T6V7NJKZJVM41 34354P105 510000.00000000 NS USD 20563200.00000000 0.108294034488 Long EC CORP US N 1 N N N Weyerhaeuser Co 08IRJODWFYBI7QWRGS31 962166104 8490000.00000000 NS USD 292225800.00000000 1.538977924811 Long EC CORP US N 1 N N N Loews Corp R8V1FN4M5ITGZOG7BS19 540424108 5400000.00000000 NS USD 295110000.00000000 1.554167275412 Long EC CORP US N 1 N N N AstraZeneca PLC PY6ZZQWO2IZFZC3IOL08 046353108 940000.00000000 NS USD 56306000.00000000 0.296529912945 Long EC CORP GB N 1 N N N Merck & Co Inc 4YV9Y5M8S0BRK1RP0397 58933Y105 1160000.00000000 NS USD 90213200.00000000 0.475098787740 Long EC CORP US N 1 N N N Targa Resources Corp 5493003QENHHS261UR94 87612G101 1240000.00000000 NS USD 55118000.00000000 0.290273429860 Long EC CORP US N 1 N N N Charles Schwab Corp/The 549300VSGCJ7E698NM85 808513105 1340000.00000000 NS USD 97565400.00000000 0.513818413108 Long EC CORP US N 1 N N N SOUTHERN CO 549300FC3G3YU2FBZD92 842587602 1481000.00000000 NS USD 74336018.13000000 0.391483198678 Long EP CORP US N 2 N N N Alaska Air Group Inc 529900G48RT4KWLC6C27 011659109 390000.00000000 NS USD 23520900.00000000 0.123870465481 Long EC CORP US N 1 N N N NEXTERA ENERGY INC N/A 65339F770 1137750.00000000 NS USD 55582170.80000000 0.292717938916 Long EP CORP US N 2 N N N Fox Corp 549300DDU6FDRBIELS05 35137L204 3690000.00000000 NS USD 129888000.00000000 0.684042150617 Long EC CORP US N 1 N N N Fifth Third Bancorp THRNG6BD57P9QWTQLG42 316773100 7770000.00000000 NS USD 297047100.00000000 1.564368818664 Long EC CORP US N 1 N N N Medtronic PLC 549300GX3ZBSQWUXY261 000000000 2330000.00000000 NS USD 289222900.00000000 1.523163452542 Long EC CORP IE N 1 N N N Nielsen Holdings PLC 549300ZVCBHQE0XHG367 000000000 5720000.00000000 NS USD 141112400.00000000 0.743154329690 Long EC CORP US N 1 N N N T. ROWE PRICE SHORT-TERM FUND 549300YTML4H25P65J89 000000000 25758000.00000000 NS USD 257580000.00000000 1.356519287047 Long STIV RF US N 1 N N McDonald's Corp UE2136O97NLB5BYP9H04 580135101 150000.00000000 NS USD 34648500.00000000 0.182472857043 Long EC CORP US N 1 N N N Ameren Corp XRZQ5S7HYJFPHJ78L959 023608102 1375000.00000000 NS USD 110055000.00000000 0.579593641338 Long EC CORP US N 1 N N N Cardinal Health Inc CCU46N3GJMF4OK4N7U60 14149Y108 1060000.00000000 NS USD 60515400.00000000 0.318698296697 Long EC CORP US N 1 N N N Centene Corp 549300Z7JJ4TQSQGT333 15135B101 710000.00000000 NS USD 51780300.00000000 0.272695766903 Long EC CORP US N 1 N N N Huntington Bancshares Inc/OH 549300XTVCVV9I7B5T19 446150104 10250000.00000000 NS USD 146267500.00000000 0.770303147830 Long EC CORP US N 1 N N N Exxon Mobil Corp J3WHBG0MTS7O8ZVMDC91 30231G102 2750000.00000000 NS USD 173470000.00000000 0.913562391195 Long EC CORP US N 1 N N N NEWS CORP 549300ITS31QK8VRBQ14 65249B109 9120000.00000000 NS USD 235022400.00000000 1.237721944593 Long EC CORP US N 1 N N N STATE STREET CORP 549300ZFEEJ2IP5VME73 857477103 1245000.00000000 NS USD 102438600.00000000 0.539482633116 Long EC CORP US N 1 N N N BOEING CO/THE RVHJWBXLJ1RFUBSY1F30 097023105 890000.00000000 NS USD 213208400.00000000 1.122840697106 Long EC CORP US N 1 N N N ConocoPhillips WPTL2Z3FIYTHSP5V2253 20825C104 320000.00000000 NS USD 19488000.00000000 0.102631601312 Long EC CORP US N 1 N N N Bunge Ltd 5493007M0RIN8HY3MM77 000000000 470000.00000000 NS USD 36730500.00000000 0.193437501641 Long EC CORP US N 1 N N N Coca-Cola Co/The UWJKFUJFZ02DKWI3RY53 191216100 1900000.00000000 NS USD 102809000.00000000 0.541433307640 Long EC CORP US N 1 N N N Akzo Nobel NV 724500XYIJUGXAA5QD70 000000000 570000.00000000 NS 70577901.63000000 0.371691454307 Long EC CORP NL N 2 N N N Johnson & Johnson 549300G0CFPGEF6X2043 478160104 1385000.00000000 NS USD 228164900.00000000 1.201607607257 Long EC CORP US N 1 N N N Cisco Systems Inc/Delaware 549300LKFJ962MZ46593 17275R102 3330000.00000000 NS USD 176490000.00000000 0.929466918903 Long EC CORP US N 1 N N N Altria Group Inc XSGZFLO9YTNO9VCQV219 02209S103 1470000.00000000 NS USD 70089600.00000000 0.369119862650 Long EC CORP US N 1 N N N Sanofi 549300E9PC51EN656011 80105N105 590000.00000000 NS USD 31069400.00000000 0.163623885150 Long EC CORP FR N 1 N N N MetLife Inc C4BXATY60WC6XEOZDX54 59156R108 6550000.00000000 NS USD 392017500.00000000 2.064520924024 Long EC CORP US N 1 N N N DuPont de Nemours Inc 5493004JF0SDFLM8GD76 26614N102 1350000.00000000 NS USD 104503500.00000000 0.550357222276 Long EC CORP US N 1 N N N Walt Disney Co/The 549300GZKULIZ0WOW665 254687106 925000.00000000 NS USD 162587250.00000000 0.856249477649 Long EC CORP US N 1 N N N Kimberly-Clark Corp MP3J6QPYPGN75NVW2S34 494368103 1715000.00000000 NS USD 229432700.00000000 1.208284349054 Long EC CORP US N 1 N N N Citrix Systems Inc HCTKJGUQOPZ5NBK7NP58 177376100 1400000.00000000 NS USD 164178000.00000000 0.864627003295 Long EC CORP US N 1 N N N IFF BZLRL03D3GPGMOGFO832 459506101 1360000.00000000 NS USD 203184000.00000000 1.070048197917 Long EC CORP US N 1 N N N Bank of America Corp 9DJT3UXIJIZJI4WXO774 060505104 1836000.00000000 NS USD 75698280.00000000 0.398657414459 Long EC CORP US N 1 N N N MARSH & MCLENNAN COS INC 549300XMP3KDCKJXIU47 571748102 355000.00000000 NS USD 49941400.00000000 0.263011384122 Long EC CORP US N 1 N N N Equity Residential 5493008RACSH5EP3PI59 29476L107 3390000.00000000 NS USD 261030000.00000000 1.374688366713 Long EC CORP US N 1 N N N Snap-on Inc HHWAT5TDOYZMM26KKQ73 833034101 525000.00000000 NS USD 117300750.00000000 0.617752658436 Long EC CORP US N 1 N N N Walmart Inc Y87794H0US1R65VBXU25 931142103 570000.00000000 NS USD 80381400.00000000 0.423320597173 Long EC CORP US N 1 N N N TC Energy Corp 549300UGKOFV2IWJJG27 87807B107 2950000.00000000 NS USD 146084000.00000000 0.769336763448 Long EC CORP CA N 1 N N N GlaxoSmithKline PLC 5493000HZTVUYLO1D793 000000000 1700000.00000000 NS 33420465.77000000 0.176005537693 Long EC CORP GB N 2 N N N UnitedHealth Group Inc 549300GHBMY8T5GXDE41 91324P102 190000.00000000 NS USD 76083600.00000000 0.400686663669 Long EC CORP US N 1 N N N Las Vegas Sands Corp 549300DUOO1KXOHPM605 517834107 3300000.00000000 NS USD 173877000.00000000 0.915705815956 Long EC CORP US N 1 N N N Stericycle Inc B8PTJH2P0AXSWSMP2136 858912108 1786000.00000000 NS USD 127788300.00000000 0.672984290741 Long EC CORP US N 1 N N N Applied Materials Inc 41BNNE1AFPNAZELZ6K07 038222105 1735000.00000000 NS USD 247064000.00000000 1.301137825666 Long EC CORP US N 1 N N N GILEAD SCIENCES INC 549300WTZWR07K8MNV44 375558103 1000000.00000000 NS USD 68860000.00000000 0.362644297329 Long EC CORP US N 1 N N N TotalEnergies SE 529900S21EQ1BO4ESM68 000000000 7110000.00000000 NS 322095786.88000000 1.696285220823 Long EC CORP FR N 2 N N American International Group I ODVCVCQG2BP6VHV36M30 026874784 8360000.00000000 NS USD 397936000.00000000 2.095690111851 Long EC CORP US N 1 N N N QUALCOMM INC H1J8DDZKZP6H7RWC0H53 747525103 3330000.00000000 NS USD 475956900.00000000 2.506579372053 Long EC CORP US N 1 N N N PPG Industries Inc 549300BKPEP01R3V6C59 693506107 190000.00000000 NS USD 32256300.00000000 0.169874575195 Long EC CORP US N 1 N N N CVS HEALTH CORP 549300EJG376EN5NQE29 126650100 3000000.00000000 NS USD 250320000.00000000 1.318285223751 Long EC CORP US N 1 N N N General Electric Co 3C7474T6CDKPR9K6YT90 369604103 41035000.00000000 NS USD 552331100.00000000 2.908796451535 Long EC CORP US N 1 N N N L3Harris Technologies Inc 549300UTE50ZMDBG8A20 502431109 1345000.00000000 NS USD 290721750.00000000 1.531056996037 Long EC CORP US N 1 N N N Conagra Brands Inc 54930035UDEIH090K650 205887102 6110000.00000000 NS USD 222281800.00000000 1.170624849987 Long EC CORP US N 1 N N N 2021-08-23 T. ROWE PRICE EQUITY INCOME FUND, INC. Alan S. Dupski Alan S. Dupski Treasurer & Vice President