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Schering-Plough Reports Financial Results for 2009 Second Quarter
Date:7/21/2009

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 - - -
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