TEXT-S&P summary: Autoliv Inc. =2

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therwise stated. -- Methodology And Assumptions: Standard & Poor's Standardizes Liquidity Descriptors For Global Corporate Issuers, July 2, 2010 -- Criteria Methodology: Business Risk/Financial Risk Matrix Expanded, May 27, 2009 -- 2008 Corporate Criteria: Analytical Methodology, April 15, 2008 -- Key Credit Factors: Business and Financial Risks in the Auto Component Suppliers Industry, Jan. 28, 2009

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