Schering-Plough Reports Financial Results for 2007 Fourth Quarter,...(h and development 3754 ...)
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Schering-Plough Reports Financial Results for 2007 Fourth Quarter, Full Year
Date:2/12/2008
h and
development 3,754 (3,754) - - -
Other (income)/
expense, net (231) - 255 - 24
Special and acquisition
related charges 52 - (52) - -
Equity income (566) - - - (566)
(Loss)/income before
income taxes (3,340) 4,080 (203) 21 558
Income tax (benefit)/
expense (14) 89 2 1 78
Net (loss)/income
before cumulative
effect of a change
in accounting
principle $(3,326) $3,991 $(205) $20 $480
Cumulative effect
of a change in
accounting
principle, net
of tax - - - - -
Net (loss)/income $(3,326) $3,991 $(205) $20 $480
Preferred stock
dividends 38 - - - 38
Net (loss)/income
available to
common
shareholders $(3,364) $3,991 $(205) $20 $442
Diluted (loss)/
earnings per
common share:
(Loss)/earnings
available to
common
shareholders
before cumulative
effect of a change
in accounting
principle $ (2.08) $0.27
Cumulative effect
of a change in
accounting
principle, net
of tax - -
Diluted (loss)/
earnings per
common share $ (2.08) $0.27
Average common
shares outstanding
-diluted 1,621 1,648
SCHERING-PLOUGH CORPORATION
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