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Bristol-Myers Squibb Company Reports Financial Results for the Fourth Quarter and Twelve Months of 2007
Date:1/31/2008

>

SPECIFIED ITEMS

FOR THE TWELVE MONTHS ENDED DECEMBER 31, 2007 AND 2006

(Unaudited, dollars in millions)

Twelve months ended December 31, 2007

Gain)/

Acquired Pro- Loss on

Marketing, in-process vision sale

selling Research research for Litiga- of Other

Cost of and and and restruc- tion pro- (income)

products adminis- devel- devel- uring, expense, duct expense,

sold trative opment opment net /net assets net Total

Productivity

Transformation

Initiative:

Downsizing

and stream-

lining of

worldwide

operations $- $- $- $- $139 $- $- $6 $145

Accelerated

depreciation

and asset

impairment 102 8 - - - - - - 110

Process

standard-

ization

implement-

ation costs - 5 - - - - 32 - 37

102 13 - - 139 - 32 6 292

Other:

Litigation

settlement - - - - - 14 - - 14

Insurance

recovery - - - - - - - (11) (11)

Product

liability - - - - - - - 15 15

Upfront and

milestone

payments and

acquired

in-process

research and

development - - 162 230 - - - - 392

Auction rate

securities

impairment - - - - - - - 275 275

Downsizing

and stream-

lining of

worldwide

oper
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SOURCE Bristol-Myers Squibb Company
Copyright©2008 PR Newswire.
All rights reserved

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