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Stryker Reports 9% Sales Growth, 13% Adjusted Net Earnings Growth for Quarter Ended December 31, 2010
Date:1/25/2011

>5

4MedSurg Equipment sales:Surgical equipment and surgical navigation systems

11

9

9

10

10Endoscopic and communications systems

2

11

11

5

5Patient handling and emergency medical equipment

31

(11)

(12)

21

21Total MedSurg Equipment

19

7

7

15

15Year Ended December 31% ChangeDomestic

International

TotalConstantConstantReported

Reported

Currency

Reported

CurrencyOrthopaedic Implants sales:Hips

5

5

1

5

3Knees

6

1

(2)

4

3Trauma

11

5

5

8

7Spine

(1)

8

6

2

1Total Orthopaedic Implants

5

4

1

5

3MedSurg Equipment sales:Surgical equipment and surgical navigation systems

9

5

3

8

8Endoscopic and communications systems

6

9

7

7

6Patient handling and emergency medical equipment

24

5

0

20

18Total MedSurg Equipment

19

7

4

16

15STRYKER CORPORATION(Unaudited - In Millions)December 31

December 31CONDENSED BALANCE SHEETS

2010

2009ASSETSCash and cash equivalents

$
,757.6

$
58.7Marketable securities

2,622.5

2,296.1Accounts receivable (net)

1,251.9

1,147.1Inventories

1,056.8

943.0Other current assets

907.3

806.3TOTAL CURRENT ASSETS

7,596.1

5,851.2Property, plant and equipment (net)

827.3

947.6Goodwill and other intangibles (net)

1,781.6

1,591.5Other assets

690.1

681.0TOTAL ASSETS

$
,895.1

$
9,071.3LIABILITIES AND SHAREHOLDERS' EQUITYCurrent liabilities

$
,605.0

$
,441.0Other liabilities

1,120.0

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SOURCE Stryker Corporation
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