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Boston Scientific Announces Results for First Quarter Ended March 31, 2011

b>$  114$(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 Accounting Standards Codification section 740-270-30, "General Methodology and Use of Estimated Annual Effective Tax Rate."

(b)  Recorded to selling, general and administrative expenses.

(c)  Recorded to cost of products sold.

(d)  Recorded to other, net.

(e)  In the first quarter of 2011, recorded $10 million to cost of products sold and $2 million to selling, general and administrative expenses. In the first quarter of 2010, recorded $14 million to cost of products sold and $1 million to selling, general and administrative expenses.An explanation of the Company's use of these non-GAAP financial measures is provided at the end of this document.


(Unaudited)ChangeThree Months Ended As ReportedConstantMarch 31,CurrencyCurrencyin millions

2011 2010BasisBasis(restated)United States$ 1,023$   1,036(1)%(1)%EMEA






16013%6%International8688354%0%Subtotal1,8911,8711%(1)%Divested Businesses


89N/AN/AWorldwide$ 1,925$   1,960(2)%(3)%ChangeThree Months Ended As ReportedConstantMarch 31,CurrencyCurrencyin millions


2010BasisBasis(restated)Cardiac Rhythm Management$
5384%3%Interventional Cardiology


690(8)%(10)%Peripheral Interventions


1657%4%Cardiovascular Group811855(5)%(7)%Electrophysiology3738(3)%(4)%Endoscopy28726010%8%Urology/Women's Health1201126%5%Neuromodulation776814%14%Subtotal1,8911,8711%(1)%Divested Businesses


89N/AN/AWorldwide$ 1,925$   1,960(2)%(3)%Growth rates are based on actual, non-rounded amounts and may not recalculate precis

SOURCE Boston Scientific Corporation
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