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Boston Scientific Announces Results for Fourth Quarter and Year Ended December 31, 2008
Date:1/28/2009

$2,689 $21 Less: Income tax benefit (a) (8) (3) Intangible asset impairments, net of tax $2,681 $18 Acquisition-related charges (credits): Purchased research and development $22 $13 Integration costs (b) (5) 22 8 Less: Income tax expense (a) 3 2 Acquisition-related net charges, net of tax $25 $10 Divestiture-related losses: Loss on assets held for sale $208 Less: Income tax benefit (a) (7) Divestiture-related losses, net of tax $201 Restructuring-related charges: Restructuring-related charges (c) $34 $184 Less: Income tax benefit (a) (7) (53) Restructuring-related charges, net of tax $27 $131 Litigation-related charges: Litigation-related charges $365 Less: Income tax benefit (a) (71) Litigation-related charges, net of tax $294 Discrete tax items: Income tax benefit (a) $(109) Amortization expense: Amortization expense $134 $153 Less: Income tax (benefit) expense (a) (8) 6 Amortization expense, net of tax $126 $159 (a) Amounts are tax effected at the Company's effective tax rate, unless the amount is a significant unusual or infrequently occurring item in accordance with FASB Interpretation No. 18, "Accounting for Income Taxes in Interim Periods." (b) Recorded credits of $4 million to selling, gener
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SOURCE Boston Scientific Corporation
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