Walt Disney Ranks No. 63 on the 2006 FORTUNE 500

NEW YORK (FORTUNE Magazine) – Walt Disney Co. ranks no. 63 on this year's list of the FORTUNE 500, with $31,944 million in revenues, up 3.9% from the previous year. The Burbank, Calif.-based company was ranked no. 54 last year. This year, FORTUNE 500 companies overall brought in a record $9.1 trillion in revenues and $610 billion in profits. And while the economy as a whole grew 3.5% last year, FORTUNE 500 companies did much better, increasing their revenues by a healthy 15.4%. The FORTUNE 500 list is an annual ranking of America's largest corporations by revenues. Its companies employ more than 24 million people, about 16% of working Americans. The top 5 companies on this year's list are: Exxon Mobil, Wal-Mart Stores, General Motors, Chevron, and Ford Motor. The full list can be found here: http://money.cnn.com/magazines/fortune/fortune500/full_list/