Common Shareholders and Diluted Earnings per
Common Share
(Amounts in Millions, except per share figures)
Six months ended June 30, 2009
(unaudited)
-----------
Special,
Purchase Merger and
Accounting Acquisition- Other As
As Adjust- Related Specified Reconciled
Reported ments Items Items (1)
-------- ----- ----- ----- ---
Net sales $9,040 $- $- $- $9,040
Cost of sales 3,019 (256) (7) - 2,756
Selling,
general and
administrative 3,119 (3) - - 3,116
Research and
development 1,667 (5) (2) - 1,660
Other
expense/(income),
net 194 - - - 194
Special,
merger and
acquisition-related
charges 104 - (104) - -
Equity income (770) - - - (770)
----- - - - -----
Income before
income taxes 1,707 264 113 - 2,084
Income tax
expense/(benefit) 231 (59) (13) - 303
--- ---- ---- - ---
Net income $1,476 $205 $100 $- $1,781
------ ---- ---- -- ------
Preferred stock
dividends 75 - - -
'/>"/>SOURCE Schering-Plough Corporation Copyright©2009 PR Newswire. All rights reserved | |
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