Historical components of the Dow Jones Industrial Average

Amgen, Honeywell and salesforce.com replaced Pfizer, Raytheon Technologies and ExxonMobil.

United Technologies Corporation merged with Raytheon Company and new corporation entered index as Raytheon Technologies Corporation.

DowDuPont spun off DuPont and was replaced by Dow Inc.

General Electric was replaced by Walgreens Boot Alliance.

Wal-Mart Stores, Inc. was renamed Walmart Inc.

DuPont merged with the Dow Chemical Company under the name DowDuPont.

AT&T was replaced by Apple.

Alcoa, Bank of America, and Hewlett-Packard were replaced by Goldman Sachs, Nike, and Visa.

Kraft Foods Inc. was replaced by UnitedHealth.

Citigroup and General Motors were replaced by Cisco Systems and Travelers.

American International Group (AIG) was replaced by Kraft Foods Inc.

Altria Group and Honeywell were replaced by Bank of America and Chevron.

SBC Communications Inc. was renamed AT&T Inc. after it acquired the original AT&T.

AT&T, Eastman Kodak, and International Paper were replaced by American International Group (AIG), Pfizer, and Verizon.

Only name changes occurred. AlliedSignal Incorporated merged with and changed its name to Honeywell International. Exxon Corporation changed its name to Exxon Mobil Corporation upon merging with Mobil, J.P. Morgan & Company changed its name to JPMorgan Chase & Co., Minnesota Mining & Manufacturing changed its name to 3M Company, and Philip Morris Companies Inc. changed its name to Altria Group, Incorporated.

Chevron, Goodyear, Sears Roebuck, and Union Carbide were replaced by Home Depot, Intel, Microsoft, and SBC Communications. Travelers and Citicorp merge under the name Citigroup.

Bethlehem Steel, Texaco, Westinghouse, and Venator (then known as Woolworth; name changed to Foot Locker in 2001) were replaced by Hewlett-Packard, Johnson & Johnson, Travelers Group, and Wal-Mart Stores.

American Can, Navistar, and USX were replaced by Caterpillar, J.P. Morgan, and Walt Disney. American Telephone and Telegraph Company changed its name to AT&T Corporation.

Inco and Owens-Illinois were replaced by Boeing and Coca-Cola. International Harvester changed its name to Navistar International Corporation and U.S. Steel changed its name to USX Corporation.

American Tobacco and General Foods were replaced by McDonald's and Philip Morris. After merging with Signal Corp., Allied Chemical changed its name to Allied-Signal Incorporated and Standard Oil of California changed its name to Chevron Corporation.

Johns-Manville was replaced by American Express.

Chrysler and Esmark were replaced by IBM and Merck.

Anaconda Copper was replaced by Minnesota Mining & Manufacturing. International Nickel changed its name to Inco, Swift & Company changed its name to Esmark, Standard Oil (NJ) changed its name to Exxon Corporation, United Aircraft changed its name to United Technologies Corporation.

American Smelting, Corn Products, National Distillers, and National Steel were replaced by Aluminum Company of America, Anaconda Copper, Owens-Illinois, and Swift. Texas Company changed its name to Texaco Incorporated. Allied Chemical and Dye Corporation shortened its name to Allied Chemical Corporation.

Loew's was replaced by International Paper.

IBM and Nash Motors were replaced by AT&T and United Aircraft.

Borden and Coca-Cola were replaced by DuPont and National Steel.

United Aircraft was replaced by National Distillers.

Drug Inc. and International Shoe were replaced by Corn Products Refining and United Aircraft.

Hudson Motor, Liggett & Myers, Mack Truck, NCR, Paramount Publix, Radio Corp, Texas Gulf Sulphur and United Air Transport
replaced by American Tobacco, Coca-Cola, Drug Inc., International Shoe, IBM, Loew's, Nash Motors, and Procter & Gamble.

American Sugar, American Tobacco, Atlantic Refining, Curtiss-Wright, General Railway Signal, Goodrich, and Nash Motors
replaced by Borden, Eastman Kodak, Goodyear, Hudson Motor, Liggett & Myers, Standard Oil of California, and United Air Transport.

North American was replaced by Johns-Manville.

Wright Aeronautical merged with the Curtiss Aeroplane and Motor Company to become Curtiss-Wright. Postum Inc. changed its name to General Foods.

Victor Talking Machine was replaced by NCR.

The index was expanded to thirty companies.
American Car and Foundry, American Locomotive, AT&T, United Drug, U.S. Rubber, and Western Union were replaced.
Atlantic Refining, Bethlehem Steel, Chrysler, General Railway Signal, Goodrich, International Nickel, Nash Motors, North American, Postum Incorporated, Radio Corporation of America, Standard Oil (NJ), Texas Gulf Sulphur, Union Carbide, Victor Talking Machine, Westinghouse Electric, and Wright Aeronautical were added.
Paramount Famous Lasky Corporation changed its name to Paramount Publix.

Remington was replaced by United Drug.

Kennecott was replaced by Remington.
Mack Trucks (stock dividend) was replaced by Mack Trucks (ex-stock dividend).

U.S. Realty and Westinghouse Electric were replaced by Allied Chemical and Paramount.

Anaconda Copper, Baldwin Locomotive, DuPont, Standard Oil of California, and Studebaker were replaced by General Motors, International Harvester, Kennecott, Texas Co., and U.S. Realty.

Republic Iron was replaced by Woolworth.

Utah Copper was replaced by Standard Oil, California.

Central Leather, Corn Products, Goodrich, and Texas Co. were replaced by American Tobacco, DuPont, Mack Trucks, and Sears Roebuck.

American Beet Sugar was replaced by Corn Products.

The index was expanded to twenty companies.
General Motors, National Lead, Peoples Gas and U.S. Steel (Preferred) were removed.
American Beet Sugar, American Can, American Locomotive, AT&T, Baldwin Locomotive, Goodrich, Republic Iron, Studebaker, Texas Company, Utah Copper, Western Union, Westinghouse Electric were added.

Amalgamated Copper reorganized under the name Anaconda Copper.

U.S. Rubber (First Preferred) was replaced by General Motors.

Colorado Fuel was replaced by Central Leather.

Tennessee Coal was replaced by General Electric.

U.S. Leather (Preferred) was replaced by U.S. Rubber (First Preferred).

Continental Tobacco and International Paper
replaced by
American Car and Colorado Fuel

American Cotton Oil, American Steel & Wire, Federal Steel, General Electric, and Pacific Mail Steamship
replaced by
Amalgamated Copper, American Smelting, International Paper, U.S. Steel, and U.S. Steel (Preferred).

American Spirits, American Tobacco, Laclede Gas, and Standard Rope
replaced by
American Steel & Wire, Continental Tobacco, Federal Steel, and General Electric.

General Electric was replaced by U.S. Rubber

Peoples Gas absorbs Chicago Gas.[6]

U.S. Cordage was replaced by Standard Rope.

U.S. Rubber was replaced by Pacific Mail Steamship.

North American was replaced by U.S. Cordage. Distilling & Cattle Feeding changed its name to American Spirits Manufacturing.

The First Dow Jones Industrial Average [7]

Only American Sugar carried over from the precursors.

Prior to the May 26, 1896, inception of the Dow Jones Industrial Average, Charles Dow's stock average consisted of the Dow Jones Transportation Average. The average was created on July 3, 1884 by Charles Dow, co-founder of Dow Jones & Company, as part of the Customer's Afternoon Letter. From its inception (until May 26, 1896), the Dow Jones Transportation Average consisted of eleven transportation-related companies: nine railroads and two non-rail companies (Western Union and Pacific Mail).

• Dow Jones Industrial Average Historical Components