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

$560 (170) 560 Less: Income tax expense (benefit) (a) 39 (7) Divestiture-related net (gains) losses, net of tax $(131) $553 Restructuring-related charges: Restructuring-related charges (d) $133 $184 Less: Income tax benefit (a) (33) (53) Restructuring-related charges, net of tax $100 $131 Litigation-related charges: Litigation-related charges $334 $365 Less: Income tax benefit (a) (96) (71) Litigation-related charges, net of tax $238 $294 Discrete tax items: Income tax benefit (a) $(27) Amortization expense: $543 $620 Less: Income tax benefit (a) (104) (78) Amortization expense, net of tax $439 $542 (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 $6 million to cost of products sold, $20 million to selling, general and administrative expenses and $3 million to research and development expenses. (c) Recorded to other, net. (d) In 2008, recorded $17 million to cost of products sold; $31 million to selling, general and administrative expenses; $7 million to research and development expenses; and $78 million to restructuring charges. In 2007, recorded $4 million to cost of products sold; 2 million to selling, general and administrative expenses; $2 million to research and development expen
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