Text can be formatted in the following: 

• Bold, italic and underline

• Left and centre text alignment

• Bulleted list

• Hyperlink

• Dropdown of 5 heading styles; Heading 1, Heading 2, Heading 3, Heading 4, Body and Caption

• Drop cap on the first character box - check this box to enable formatting as shown below

Widths available: 12, 8, 6, 4