BD Announces Results For First Fisc...(AND COMPANY CONSOLIDATED INCOME STATE...),Health

CONSOLIDATED INCOME STATEMENTS

(Unaudited; Amounts in thousands, except per share data)

Three Months Ended December 31,

2007 2006 % Change

REVENUES $ 1,705,767 $ 1,501,526 13.6

Cost of products sold 829,846 708,933 17.1

Selling and administrative 421,718 384,084 9.8

Research and development 91,527 79,940 14.5

Acquired in-process research and

development - 114,739 NM

TOTAL OPERATING COSTS

AND EXPENSES 1,343,091 1,287,696 4.3

OPERATING INCOME 362,676 213,830 69.6

Interest income 13,528 16,114 (16.0)

Interest expense (10,339) (12,868) (19.7)

Other income (expense), net 707 (2,368) NM

INCOME FROM CONTINUING OPERATIONS

BEFORE INCOME TAXES 366,572 214,708 70.7

Income tax provision 95,676 83,657 14.4

INCOME FROM CONTINUING OPERATIONS 270,896 131,051 NM

INCOME FROM DISCONTINUED OPERATIONS

NET OF INCOME TAX PROVISION OF

$386 AND $7,140, RESPECTIVELY 652 11,828 (94.5)

NET INCOME $ 271,548 $ 142,879 90.1

EARNINGS PER SHARE

Basic:

Income from continuing operations $ 1.11 $ 0.53 NM

Income from discontinued operations $ - $ 0.05 NM

Net income $ 1.11 $ 0.58 91.4

Diluted:

Income from continuing operations $ 1.07 $ 0.51 NM

Income from discontinued

operations
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