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

As As Adjust- Related Specified Reconciled Reported ments Items Items (1) -------- ----- ----- ----- --- Net sales $9,577 $- $- $- $9,577 Cost of sales 4,044 (1,042) - - 3,002 Selling, general and administrative 3,547 (2) - - 3,545 Research and development 1,786 (4) - - 1,782 Other expense/(income), net 229 - - 17 246 Special and acquisition-related charges 117 - (117) - - Equity income (1,010) - - 64 (946) ------- - - -- ----- Income before income taxes 864 1,048 117 (81) 1,948 Income tax expense/(benefit) 89 (187) (9) 5 280 -- ----- --- - --- Net income $775 $861 $108 $(76) $1,668 ---- ---- ---- ---- ------ Preferred stock dividends 75 - - - 75 -- - - - -- Net income available to common shareholders $700 $861 $108 $(76) $1,593 ==== ==== ==== ==== ====== Diluted earnings per common share $0.43 $0.97 ===== ===== Average shares out
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