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

itiated restructuring projects focused on streamlining operations, including the termination of certain third-party agent agreements at the Company's Europe Division and the discontinuation of certain products within its Orthopaedic Implants and MedSurg Equipment segments.   (e)  

In 2009 the Company settled an outstanding patent infringement lawsuit pursuant to a confidential settlement agreement.   STRYKER CORPORATIONFor the Three Months and Year Ended December 31, 2010(Unaudited - In Millions)Fourth Quarter

Year Ended December 31% Change% ChangeConstant Constant CONDENSED SALES ANALYSIS

2010

2009

Reported

Currency

2010

2009

Reported

CurrencyDomestic

$
,285.6

$
,158.6

11.0

11.0

$
4,792.8

$
4,317.4

11.0

11.0International

709.5

675.6

5.0

4.7

2,527.2

2,405.7

5.1

2.2NET SALES

$
,995.1

$
,834.2

8.8

8.6

$
7,320.0

$
,723.1

8.9

7.8Orthopaedic Implants

$
,166.3

$
,115.6

4.5

4.3

$
4,308.4

$
4,119.7

4.6

3.3MedSurg Equipment

828.8

718.6

15.3

15.4

3,011.6

2,603.4

15.7

15.0NET SALES

$
,995.1

$
,834.2

8.8

8.6

$
7,320.0

$
,723.1

8.9

7.8Fourth Quarter% ChangeDomestic

International

TotalConstantConstantSUPPLEMENTAL SALES GROWTH ANALYSIS

Reported

Reported

Currency

Reported

CurrencyOrthopaedic Implants sales:Hips

7

6

4

6

6Knees

4

3

2

3

3Trauma

12

5

6

8

8Spine

(4)

0

0

(3)

(3)Total Orthopaedic Implants

5

4

4

'/>"/>
SOURCE Stryker Corporation
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