Procter & Gamble's principal activity is to manufacture and market consumer products, and it markets over 300 branded products in more than 160 countries around the world. Proctor & Gamble generated net sales of $68.2 billion for the fiscal year 2006 and net income of $8.9 billion. As of 30 June 2006, its net assets were $62.9 billion. KHC owns less than one percent of the company's total issued capital.