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CVS Caremark Reports First Quarter Results
Date:5/5/2011

ions

713772Loss from discontinued operations, net of tax

(1)(2)Net income

712770Net loss attributable to noncontrolling interest

11Net income attributable to CVS Caremark

$
713$
771Income from continuing operations attributable to CVS Caremark:Income from continuing operations

$
713$
772Net loss attributable to noncontrolling interest

11Income from continuing operations attributable to CVS Caremark

$
714$
773Basic earnings per common share:

 Income from continuing operations attributable to CVS Caremark   $
.52   $
.56 Loss from discontinued operations attributable to CVS Caremark

—— Net income attributable to CVS Caremark

$
.52$
.56 Weighted average basic common shares outstanding

1,3621,386Diluted earnings per common share:

 Income from continuing operations attributable to CVS Caremark$
.52$
.55 Loss from discontinued operations attributable to CVS Caremark

—— Net income attributable to CVS Caremark

$
.52$
.55 Weighted average diluted common shares outstanding

1,3711,396Dividends declared per common share

$   0.1250$  0.0875CVS CAREMARK CORPORATIONCondensed Consolidated Balance Sheets(Unaudited)In millions, except per share amounts

March 31,

2011December 31,

2010Assets: Cash and cash equivalents

$  2,162$  1,427Short-term investments

64 Accounts receivable, net

5,3484,925 Inventories

10,18110,695 Deferred income taxes

509511 Other current assets

174144Total current assets

18,38017,706 Property and equipment, net

8,3508,322 Goodwill

25,66625,669 Intangible assets, net

9,6929,784 Other assets

740688Total assets

$  62,828$  62,169Liabilities:
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SOURCE CVS Caremark Corporation
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