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Amgen's Third Quarter 2013 Revenues Increased 10 Percent To $4.7 Billion And Adjusted Earnings Per Share (EPS) Increased 16 Percent To $1.94
Date:10/22/2013

per share data)(Unaudited)Three months endedNine months endedSeptember 30, September 30, 2013201220132012Revenues:Product sales$
4,647$
4,201$
3,393$
2,302Other revenues101118272542Total revenues4,7484,31913,66512,844Operating expenses:Cost of sales7887752,3172,277Research and development9898802,8342,442Selling, general and administrative1,2491,1313,6633,441Other34110171195Total operating expenses3,0602,8968,9858,355Operating income1,6881,4234,6804,489Interest expense, net257271761762Interest and other income, net72111332359Income before income taxes1,5031,2634,2514,086Provision for income taxes135156191529Net income$
,368$
,107$
4,060$
3,557Earnings per share:Basic$
.81$
.44$
5.40$
4.57Diluted$
.79$
.41$
5.31$
4.51Average shares used in calculation of earnings per share:Basic754771752779Diluted766783764789 

 Amgen IncCondensed Consolidated Balance Sheets - GAAP (In millions)(Unaudited)September 30, December 31, 20132012AssetsCurrent assets:Cash, cash equivalents and marketable securities$
22,558$
24,061Receivable from sale of investments560-Trade receivables, net2,6702,518Inventories2,8382,744Other current assets2,0491,886Total current assets30,67531,209Property, plant and equipment, net5,2835,326Intangible assets, net3,6823,968Goodwill12,57212,662Restricted investments3,411-Other assets1,4501,133Total assets$
57,073$
54,298Liabilities and Stockholders' EquityCurrent liabilities:Accounts payable and accrued liabilities$
4,832$
5,696Current portion of long-term debt112,495Total current liabilities4,8438,191Long-term debt27,17824,034Other non-current liabilities3,3243,013Stockholders' equity21,72819,060Total liabilities and stockholders' equity$
57,073$
54,298Shares outstanding754756 Amgen Inc.GAAP to "Adjusted" Reconciliations(In millions)(Unaudited)Three months endedNine months endedSeptember 30, September 30, 2013201220132012GAAP cost o
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SOURCE Amgen
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