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CareFusion Reports Fourth Quarter and Fiscal 2011 Results
Date:8/8/2011

ORMATION(UNAUDITED)Quarter Ended June 30, 2011DiscontinuedNonrecurring(in millions, except per common share amounts)GAAP Operations 1Items 2Adjusted 3Revenue 4$

964

$

-

$

-

$

964Cost of Products Sold464--464Gross Margin500--500Selling, General and Administrative Expenses298-(17)281Research and Development Expenses40--40Restructuring and Acquisition Integration Charges11-(11)-Loss on the Sale of Assets2-(2)-Operating Income149-30179Interest Expense and Other, Net 19--19Income Before Income Tax130-30160Provision for Income Tax34-842Income from Continuing Operations96-22118Discontinued OperationsLoss from the Disposal of Discontinued Businesses, Net of Tax(5)5--Loss from the Operations of Discontinued Businesses, Net of Tax(6)6--Loss from Discontinued Operations, Net of Tax(11)11--Net Income

$

85

$

11

$

22

$

118Per Share Amounts: 5Basic Earnings per Common Share

$

0.38

$

0.05

$

0.10

$

0.52Diluted Earnings per Common Share

$

0.37

$

0.05

$

0.10

$

0.52Weighted-Average Number of Common Shares Outstanding:Basic223.4223.4223.4223.4Diluted 226.5226.5226.5226.5Effective Tax Rate26.4%n/a25.7%26.2%____________1Reflects the impact of the divestiture of the International Surgical Products (ISP) business.2Reflects nonrecurring charges primarily related to the spinoff, nonrecurring restructuring and acquisition integration charges, nonrecurring loss on the sale of assets and nonrecurring tax items.  3Adjusted financial information reflects GAAP results adjusted on a non-GAAP basis to exclude nonrecurring items noted.4Revenues increased $34 million for the quarter ended June 30, 2011 compared to 2
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SOURCE CareFusion Corp.
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3. CareFusion to Acquire Pharmacy Automation Innovator Rowa
4. CareFusion Reports Third Quarter Rise in Revenue, Earnings
5. CareFusion Will Host an Earnings Conference Call on May 5 to Discuss the Results for the Third Quarter Fiscal 2011
6. CareFusion Acquires Technology for Sorting and Managing Dangerous Pharmaceutical Waste
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9. CareFusion Launches Innovative Vertebral Balloon That Gives Surgeons More Options to Treat Spinal Fractures
10. CareFusion Launches Compact Ventilator to Enhance Home-Based Patient Mobility
11. CareFusion Appoints Carlos M. Nunez, M.D. as Chief Medical Officer
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