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Amgen's First Quarter 2009 Adjusted Earnings Per Share Decreased 4 Percent to $1.08
Date:4/23/2009

2,198 (133) 2,065 Operating income 1,321 134 1,455 1,415 133 1,548 Interest and other income (expense), net (89) 61(f) (28) (35) 57(f) 22 --- --- --- --- --- --- Income before income taxes 1,232 195 1,427 1,380 190 1,570 Provision for income taxes 213 69(h) 307 280 72(j) 352 25(i) --- --- --- --- --- --- Net income $1,019 $101 $1,120 $1,100 $118 $1,218 ====== ==== ====== ====== ==== ====== Earnings per share: Basic $0.99 $1.09 $1.01 $1.12 Diluted (k) $0.98 $1.08(b) $1.01 $1.12(b) Average shares used in calculation of earnings per share: Basic 1,032 1,032 1,089 1,089 Diluted (k) 1,037 1,037(b) 1,092 1,091(b) (a)-(k) See explanatory notes on the following pages, which includes in note (a) a discussion of the retrospectively applied change in method of accounting for our convertible notes under Financial Accounting Standards Board's Staff Position No. APB 14-1, "Accounting for Convertible Debt Instruments That May Be Settled in Cash upon Conversion (Including Partial Cash Settlement)" ("FSP APB 14-1"). Amgen Inc. Notes to Reconciliation of GAAP Earnings to "Adjusted" Earnings (In millions, except per share data) (Unaudited) (a) Effective January 1, 2009, we adopted FSP APB 14-1, which changed the
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