Austerity, slowing growth, and the threat of sovereign default pose major risks to companies and countries with significant exposure to Europe.

S&P 500 companies derive 14 percent of sales and 18 percent of profits from Europe, according to a report by Bank of America. The staff at Business Insider put together a list of 15 companies with the most sales exposure to Europe.

The majority of this exposure is in core Europe, with tech being particularly volatile.

15. AON CORP

  • Europe sales: 39 percent
  • Foreign sales: 60 percent

American multinational company AON Corp. provides risk management services, insurance and reinsurance brokerage and consulting services.

14. MCDONALD’S CORP.

  • Europe sales: 40 percent
  • Foreign sales: 66 percent

The world’s largest burger chain, McDonald’s is headquartered in Oak Brook, Illinois.

13. GILEAD SCIENCES INC.

  • Europe sales: 40 percent
  • Foreign sales: 47 percent

Biopharmaceutical company Gilead Sciences largely focuses on antiviral drugs to treat people with HIV, Hepatitis B, or influenza.

12. DENTSPLY INTERNATIONAL INC.

  • Europe sales: 40 percent
  • Foreign sales: 62 percent

Dentsply International is a dental equipment maker, and producer of dental consumables like tooth whiteners.

11. AUTODESK INC.

  • Europe sales: 40 percent
  • Foreign sales: 71 percent

Founded in 1982, Autodesk Inc. is an American multinational corporation that produces computer software used in architecture, engineering, manufacturing and media industries.

10. WESTERN UNION CO.

  • Europe sales: 41 percent
  • Foreign sales: 71 percent

Financial services and communications company Western Union is headquartered in Englewood, Colorado.

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