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Boston Scientific Exceeds Third Quarter EPS Guidance, Repurchases 30 Million Shares
Date:10/20/2011

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(4)(34)

(40)Restructuring-related charges, net of tax

$   19$
4$
75$
99Discrete tax items:Income tax benefit (a)$   (25)$
(21)$
(21)$
(21)Amortization expense:Amortization expense

$   97

$   129$
325

$
381Income tax benefit (a)(19)

(20)(54)

(77)Amortization expense, net of tax

$   78$   109$
271$
304(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)  In the third quarter of 2011, recorded $1 million to cost of products sold. In the first nine months of 2011, recorded $2 million to cost of products sold, $1 million to selling, general and administrative expenses and $1 million to research and development expenses.

(e)  Recorded to other, net.

(f)  In the third quarter of 2011, recorded $7 million to cost of products sold. In the third quarter of 2010, recorded $12 million to cost of products sold and $1 million to selling, general and administrative expenses. In the first nine months of 2011, recorded $28 million to cost of products sold and $4 million to selling, general and administrative expenses. In the first nine months of 2010, recorded $38 million to cost of products sold and $3 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.

BOSTON SCIENTIFIC CORPORATIONWORLDWIDE SALES

(Unaudited)ChangeThree Months EndedAs ReportedConstantSeptember 30,CurrencyCurrency'/>"/>

SOURCE Boston Scientific Corporation
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