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Boston Scientific Announces Results For Second Quarter Ended June 30, 2013
Date:7/25/2013

the six months ended June 30, 2012 for all or a portion of these non-GAAP adjustments.(a) - Amounts are tax effected at the Company's effective tax rate, unless the amount is a significant unusual or infrequently occurring item in accordance with FASB Accounting Standards Codification section 740-270-30, "General Methodology and Use of Estimated Annual Effective Tax Rate."(b) In the six months ended June 30, 2013, pre-tax restructuring charges were $36 million and pre-tax restructuring-related charges were $10 million recorded in selling, general and administrative expenses. (c) In the six months ended June 30, 2012, pre-tax restructuring charges were $39 million and pre-tax restructuring-related charges were $11 million, of which $6 million was recorded in cost of products sold and $5 million was recorded in selling, general and administrative expenses.  An explanation of our use of these non-GAAP financial measures is provided at the end of this document. 

 

 

 

BOSTON SCIENTIFIC CORPORATIONSEGMENT INFORMATION

(Unaudited)

 Three Months EndedSix Months EndedSEGMENT NET SALES*June 30,June 30,in millions20132012**Change20132012**ChangeInterventional Cardiology

$

537$

551(3)%$

1,050$

1,149(9)%Peripheral Interventions

2051965%4003844%Cardiovascular742747(1)%1,4501,533(5)%Cardiac Rhythm Management

485494(2)%970998(3)%Electrophysiology

3737(2)%7274(4)%Rhythm Management522531(2)%1,0421,072(3)%Endoscopy

3343098%6476076%Urology/Women's Health

1261251%2452430%Neuromodulation

1119221%20017514%MedSurg5715269%1,0921,0256%Subtotal Core Businesses1,8351,8042%3,5843,630(1)%Divested Businesses

1931(38)%5560(7)%Foreign Currency

(45)(7)N/A(69)4N/AWorldwide Net Sales$1,809$1,828(1)%$3,570$3,694(3)%Growth rates are based on actual, non-rounded amounts and may not recalculate precisely.SEGME
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SOURCE Boston Scientific Corporation
Copyright©2012 PR Newswire.
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