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Fiscal Year 2009 Reconciliations
Represents the charge relating to the pending settlement with the direct purchaser plaintiffs (which includes BD's distributors) in the
antitrust class actions.
Represents the tax benefit relating to various tax settlements in multiple jurisdictions.
Includes first quarter foreign currency holding gain of $35M or $0.09 per diluted share.
Represents the adjusted reported change excluding foreign currency translation impact and associated hedging gains.
Specified Items
Note: All figures rounded. Totals may not add due to rounding. Percentages based on unrounded figures.
Fiscal Year 2009 Reconciliations
Specified Items Adjusted Foreign Adjusted
Reported Litigation Adjusted Actual
j
Change
g
Currency Hedge Total
j
FXN FXN
FY 2009 Charge (1) Tax (2) FY 2009 FY 2008 Fav (Unfav.) Translation (3) Gain FX Change (4) Growth
Revenue 7,161 $ 7,161 $ 7,075 $ 86 (398) 105 (293) 379 5.4%
Gross Profit 3,763 3,763 3,628 135 (159) 105 (54) 189 5.2%
% of Revenue 52.6% 52.6% 51.3%
SSGandA 1,705 (45) 1,660 1,696 36 84 - 84 (48) -2.9%
% of Revenue 23.8% 23.2% 24.0%
RandD 408 408 396 (12) 7 - 7 (20) -5.0%
% of Revenue 5.7% 5.7% 5.6%
Operating Income 1,650 $ (45) 1,695 $ 1,537 $ 158 (67) 105 38 121 7.8%
% of Revenue 23.0% 23.7% 21.7%
Income Tax 426 17 20 464 423 (41) 26 (40) (14) (28) -6.5%
Effective Tax Rate 26.0% 27.5% 27.5%
Income from Continuing
Operations 1,213 $ 28 (20) 1,220 $ 1,116 $ 105 (39) 65 26 79 7.1%
% of Revenue 16.9% 17.0% 15.8%
EPS 4.92 $ 0.11 (0.08) 4.95 $ 4.42 $ 0.53 $ (0.16) 0.26 0.10 0.43 9.7%
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