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Stryker Operating Results for Quarter Ended March 31, 2009
Date:4/20/2009

Depreciation 37.9 38.7 Amortization 53.8 59.5 Changes in working capital and other (100.4) (197.9) NET CASH PROVIDED BY OPERATING ACTIVITIES 272.4 190.8 INVESTING ACTIVITIES Acquisitions, net of cash acquired (2.6) (6.2) Proceeds from sales of (purchases of) marketable securities, net (98.2) 91.6 Purchases of property, plant and equipment (30.6) (30.9) Proceeds from sales of property, plant and equipment 0.7 0.1 NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (130.7) 54.6 FINANCING ACTIVITIES Proceeds from borrowings, net 0.9 0.8 Dividends paid (158.6) (135.6) Other 24.0 4.5 NET CASH USED IN FINANCING ACTIVITIES (133.7) (130.3) Effect of exchange rate changes on cash and cash equivalents (23.3) 17.9 CHANGE IN CASH AND CASH EQUIVALENTS $(15.3) $133.0


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