The Associated Press has released its annual list of the highest-paid chief executive officers in the United States. The AP's calculation of total pay figures are based on a compensation formula which includes salary, perks, bonuses, above-market returns on deferred compensation, and company estimates for the value of stock options and stock awards granted.

According to the AP rankings, the highest-paid CEOs are:

1. Larry Ellison, Oracle Corp.	$84.6 million
2. John Thain, Merrill Lynch & Co.	$83.1 million
3. Leslie Moonves, CBS Corp.	$67.6 million
4. Richard Adkerson, Freeport-McMoran Copper & Gold Inc.	$65.3 million
5. Bob Simpson, XTO Energy Inc.	$56.6 million
6. Lloyd Blankfein, Goldman Sachs Group Inc.	$53.9 million
7. Kenneth Chenault, American Express Co.	$51.7 million
8. Eugene Isenberg, Nabors Industries Ltd.	$44.6 million
9. John Mack, Morgan Stanley	$41.7 million
10. Glenn Murphy, Gap Inc.	$39.1 million