Exhibit 99.2O
Johnson & Johnson and Subsidiaries | | | | | | | | | | |
Condensed Consolidated Statement of Earnings | | | | | | | | |
| | | | | | | | | | |
(Unaudited; in Millions Except Per Share Figures) | FOURTH QUARTER |
| | 2009 | | 2008 | | Percent |
| | | | Percent | | | | Percent | | Increase |
| | Amount | | to Sales | | Amount | | to Sales | | (Decrease) |
Sales to customers | | $ 16,551 | | 100.0 | | $ 15,182 | | 100.0 | | 9.0 |
Cost of products sold | | 5,312 | | 32.1 | | 4,372 | | 28.8 | | 21.5 |
Selling, marketing and administrative expenses | | 5,629 | | 34.0 | | 5,665 | | 37.3 | | (0.6) |
Research expense | | 2,213 | | 13.4 | | 2,108 | | 13.9 | | 5.0 |
In-process research & development (IPR&D) | | - | | - | | 141 | | 0.9 | | |
Interest (income)expense, net | | 81 | | 0.5 | | 17 | | 0.1 | | |
Other (income)expense, net | | (361) | | (2.2) | | (638) | | (4.2) | | |
Restructuring expense | | 1,073 | | 6.5 | | - | | - | | |
Earnings before provision for taxes on income | | 2,604 | | 15.7 | | 3,517 | | 23.2 | | (26.0) |
Provision for taxes on income | | 398 | | 2.4 | | 803 | | 5.3 | | (50.4) |
Net earnings | | $ 2,206 | | 13.3 | | $ 2,714 | | 17.9 | | (18.7) |
| | | | | | | | | | |
Net earnings per share (Diluted) | | $ 0.79 | | | | $ 0.97 | | | | (18.6) |
| | | | | | | | | | |
Average shares outstanding (Diluted) | | 2,796.5 | | | | 2,801.6 | | | | |
| | | | | | | | | | |
Effective tax rate | | 15.3 | % | | | 22.8 | % | | | |
| | | | | | | | | | |
Adjusted earnings before provision for taxes and net earnings (A) | | | | | | | |
Earnings before provision for taxes on income | $ 3,404 | (1) | 20.6 | | $ 3,279 | (2) | 21.6 | | 3.8 |
Net earnings | | $ 2,846 | (1) | 17.2 | | $ 2,626 | (2) | 17.3 | | 8.4 |
Net earnings per share (Diluted) | | $ 1.02 | (1) | | | $ 0.94 | (2) | | | 8.5 |
Effective tax rate | | 16.4 | % | | | 19.9 | % | | | |
| | | | | | | | | | |
(1) The difference between as reported earnings and as adjusted earnings before provision for taxes on income, net earnings and net earnings per share (diluted) is the exclusion of restructuring expense of $1,186 million ($1,073 million restructuring expense and $113 million related to restructuring included in cost of products sold), $852 million and $0.31 per share, respectively, and the exclusion of income from net litigation of $386 million, $212 million and $0.08 per share, respectively. |
| | | | | | | | | | | |
(2) The difference between as reported earnings and as adjusted earnings before provision for taxes on income, net earnings and net earnings per share (diluted) is the exclusion of IPR&D of $141 million with no tax benefit and $0.05 per share, respectively, and the exclusion of income from net litigation of $379 million, $229 million and $0.08 per share, respectively. |
| | | | | | | | | | | |
Johnson & Johnson and Subsidiaries | | | | | | | | | | |
Condensed Consolidated Statement of Earnings | | | | | | | | | | |
| | | | | | | | | | |
(Unaudited; in Millions Except Per Share Figures) | | TWELVE MONTHS |
| | 2009 | | 2008 | | Percent |
| | | | Percent | | | | Percent | | Increase |
| | Amount | | to Sales | | Amount | | to Sales | | (Decrease) |
Sales to customers | | $ 61,897 | | 100.0 | | $ 63,747 | | 100.0 | | (2.9) |
Cost of products sold | | 18,447 | | 29.8 | | 18,511 | | 29.1 | | (0.3) |
Selling, marketing and administrative expenses | | 19,801 | | 32.0 | | 21,490 | | 33.7 | | (7.9) |
Research expense | | 6,986 | | 11.3 | | 7,577 | | 11.9 | | (7.8) |
In-process research & development (IPR&D) | | - | | - | | 181 | | 0.3 | | |
Interest (income)expense, net | | 361 | | 0.6 | | 74 | | 0.1 | | |
Other (income)expense, net | | (526) | | (0.8) | | (1,015) | | (1.6) | | |
Restructuring expense | | 1,073 | | 1.7 | | - | | - | | |
Earnings before provision for taxes on income | | 15,755 | | 25.4 | | 16,929 | | 26.5 | | (6.9) |
Provision for taxes on income | | 3,489 | | 5.6 | | 3,980 | | 6.2 | | (12.3) |
Net earnings | | $ 12,266 | | 19.8 | | $ 12,949 | | 20.3 | | (5.3) |
| | | | | | | | | | |
Net earnings per share (Diluted) | | $ 4.40 | | | | $ 4.57 | | | | (3.7) |
| | | | | | | | | | |
Average shares outstanding (Diluted) | | 2,789.1 | | | | 2,835.6 | | | | |
| | | | | | | | | | |
Effective tax rate | | 22.1 | % | | | 23.5 | % | | | |
| | | | | | | | | | |
Adjusted earnings before provision for taxes and net earnings (A) | | | | | | | | |
Earnings before provision for taxes on income | $ 16,555 | (1) | 26.7 | | $ 16,731 | (2) | 26.2 | | (1.1) |
Net earnings | | $ 12,906 | (1) | 20.9 | | $ 12,901 | (2) | 20.2 | | - |
Net earnings per share (Diluted) | | $ 4.63 | (1) | | | $ 4.55 | (2) | | | 1.8 |
Effective tax rate | | 22.0 | % | | | 22.9 | % | | | |
(1) The difference between as reported earnings and as adjusted earnings before provision for taxes on income, net earnings and net earnings per share (diluted) is the exclusion of restructuring expense of $1,186 million ($1,073 million restructuring expense and $113 million related to restructuring included in cost of products sold), $852 million and $0.31 per share, respectively, and the exclusion of income from fourth quarter net litigation of $386 million, $212 million and $0.08 per share, respectively. |
(2) The difference between as reported earnings and as adjusted earnings before provision for taxes on income, net earnings and net earnings per share (diluted) is the exclusion of IPR&D of $181 million with no tax benefit and $0.06 per share, respectively, and the exclusion of income from fourth quarter net litigation of $379 million, $229 million and $0.08 per share, respectively. |
(A) NON-GAAP FINANCIAL MEASURES "Adjusted earnings before provision for taxes on income," "adjusted net earnings," "adjusted net earnings per share (diluted)," and "adjusted effective tax rate" are non-GAAP financial measures and should not be considered replacements for GAAP results. The Company provides earnings before provision for taxes on income, net earnings, net earnings per share (diluted), and effective tax rate on an adjusted basis because management believes that these measures provide useful information to investors. Among other things, they may assist investors in evaluating the Company's results of operations period over period. In various periods, these measures may exclude such items as business development activities (including IPR&D at acquisition or upon attainment of milestones and any extraordinary expenses), strategic developments (including restructuring and product line changes), significant litigation, and changes in applicable laws and regulations (including significant accounting or tax matters). Special items may be highly variable, difficult to predict, and of a size that sometimes has substantial impact on the Company's reported results of operations for a period. Management uses these measures internally for planning, forecasting and evaluating the performances of the Company's businesses, including allocating resources and evaluating results relative to employee performance compensation targets. Unlike earnings before provision for taxes on income, net earnings, net earnings per share (diluted), and effective tax rate prepared in accordance with GAAP, adjusted earnings before provision for taxes on income, adjusted net earnings, adjusted net earnings per share (diluted), and adjusted effective tax rate may not be comparable with the calculation of similar measures for other companies. These non-GAAP financial measures are presented solely to permit investors to more fully understand how management assesses the performance of the Company. The limitations of using these non-GAAP financial measures as performance measures are that they provide a view of the Company's results of operations without including all events during a period, such as the effects of an acquisition, merger-related or other restructuring charges, or amortization of purchased intangibles, and do not provide a comparable view of the Company's performance to other companies in the health care industry. Investors should consider non-GAAP financial measures in addition to, and not as replacements for, or superior to, measures of financial performance prepared in accordance with GAAP.
Johnson & Johnson and Subsidiaries | | | | | | | | |
Supplementary Sales Data | | | | | | | | | |
| | | | | | | | | |
(Unaudited; Dollars in Millions) | FOURTH QUARTER* |
| | | | | Percent Change |
| 2009 | | 2008 | | Total | Operations | Currency |
Sales to customers by | | | | | | | | | |
segment of business | | | | | | | | | |
| | | | | | | | | |
Consumer | | | | | | | | | |
U.S. | $ 1,712 | | 1,655 | | 3.4 | % | 3.4 | | - |
International | 2,537 | | 2,200 | | 15.3 | | 6.5 | | 8.8 |
| 4,249 | | 3,855 | | 10.2 | | 5.2 | | 5.0 |
| | | | | | | | | |
Pharmaceutical | | | | | | | | | |
U.S. | 3,338 | | 3,430 | | (2.7) | | (2.7) | | - |
International | 2,655 | | 2,255 | | 17.7 | | 8.0 | | 9.7 |
| 5,993 | | 5,685 | | 5.4 | | 1.6 | | 3.8 |
| | | | | | | | | |
Med Devices & Diagnostics | | | | | | | | | |
U.S. | 2,817 | | 2,582 | | 9.1 | | 9.1 | | - |
International | 3,492 | | 3,060 | | 14.1 | | 4.9 | | 9.2 |
| 6,309 | | 5,642 | | 11.8 | | 6.8 | | 5.0 |
| | | | | | | | | |
U.S. | 7,867 | | 7,667 | | 2.6 | | 2.6 | | - |
International | 8,684 | | 7,515 | | 15.6 | | 6.4 | | 9.2 |
Worldwide | $16,551 | | 15,182 | | 9.0 | % | 4.5 | | 4.5 |
| | | | | | | | | |
*Fourth Quarter 2009 includes fourteen weeks and 2008 includes thirteen weeks. | | |
| | | | | | | | | |
Johnson & Johnson and Subsidiaries |
Supplementary Sales Data | | | | | | | | | |
| | | | | | | | | |
(Unaudited; Dollars in Millions) | TWELVE MONTHS** |
| | | | | Percent Change |
| 2009 | | 2008 | | Total | Operations | Currency |
Sales to customers by | | | | | | | | | |
segment of business | | | | | | | | | |
| | | | | | | | | |
Consumer | | | | | | | | | |
U.S. | $ 6,837 | | 6,937 | | (1.4) | % | (1.4) | | - |
International | 8,966 | | 9,117 | | (1.7) | | 4.7 | | (6.4) |
| 15,803 | | 16,054 | | (1.6) | | 2.0 | | (3.6) |
| | | | | | | | | |
Pharmaceutical | | | | | | | | | |
U.S. | 13,041 | | 14,831 | | (12.1) | | (12.1) | | - |
International | 9,479 | | 9,736 | | (2.6) | | 3.0 | | (5.6) |
| 22,520 | | 24,567 | | (8.3) | | (6.1) | | (2.2) |
| | | | | | | | | |
Med Devices & Diagnostics | | | | | | | | | |
U.S. | 11,011 | | 10,541 | | 4.5 | | 4.5 | | - |
International | 12,563 | | 12,585 | | (0.2) | | 4.0 | | (4.2) |
| 23,574 | | 23,126 | | 1.9 | | 4.2 | | (2.3) |
| | | | | | | | | |
U.S. | 30,889 | | 32,309 | | (4.4) | | (4.4) | | - |
International | 31,008 | | 31,438 | | (1.4) | | 3.9 | | (5.3) |
Worldwide | $61,897 | | 63,747 | | (2.9) | % | (0.3) | | (2.6) |
| | | | | | | | | |
**Twelve Months 2009 includes fifty-three weeks and 2008 includes fifty-two weeks. |
Johnson & Johnson and Subsidiaries | | | | | | | | |
Supplementary Sales Data | | | | | | | | | |
| | | | | | | | | |
(Unaudited; Dollars in Millions) | FOURTH QUARTER* |
| | | | | Percent Change |
| 2009 | | 2008 | | Total | Operations | Currency |
Sales to customers by | | | | | | | | | |
geographic area | | | | | | | | | |
| | | | | | | | | |
U.S. | $ 7,867 | | 7,667 | | 2.6 | % | 2.6 | | - |
| | | | | | | | | |
Europe | 4,412 | | 3,851 | | 14.6 | | 5.1 | | 9.5 |
Western Hemisphere excluding U.S. | 1,541 | | 1,187 | | 29.8 | | 19.0 | | 10.8 |
Asia-Pacific, Africa | 2,731 | | 2,477 | | 10.3 | | 2.3 | | 8.0 |
International | 8,684 | | 7,515 | | 15.6 | | 6.4 | | 9.2 |
| | | | | | | | | |
Worldwide | $ 16,551 | | 15,182 | | 9.0 | % | 4.5 | | 4.5 |
| | | | | | | | | |
*Fourth Quarter 2009 includes fourteen weeks and 2008 includes thirteen weeks. | | |
Johnson & Johnson and Subsidiaries |
Supplementary Sales Data | | | | | | | | | |
| | | | | | | | | |
(Unaudited; Dollars in Millions) | TWELVE MONTHS** |
| | | | | Percent Change |
| 2009 | | 2008 | | Total | Operations | Currency |
Sales to customers by | | | | | | | | | |
geographic area | | | | | | | | | |
| | | | | | | | | |
U.S. | $ 30,889 | | 32,309 | | (4.4) | % | (4.4) | | - |
| | | | | | | | | |
Europe | 15,934 | | 16,782 | | (5.1) | | 2.1 | | (7.2) |
Western Hemisphere excluding U.S. | 5,156 | | 5,173 | | (0.3) | | 8.8 | | (9.1) |
Asia-Pacific, Africa | 9,918 | | 9,483 | | 4.6 | | 4.4 | | 0.2 |
International | 31,008 | | 31,438 | | (1.4) | | 3.9 | | (5.3) |
| | | | | | | | | |
Worldwide | $ 61,897 | | 63,747 | | (2.9) | % | (0.3) | | (2.6) |
| | | | | | | | | |
**Twelve Months 2009 includes fifty-three weeks and 2008 includes fifty-two weeks. |
| | | | | REPORTED SALES vs. PRIOR PERIOD |
| | | | | $MM |
| | | | | | | | | |
| | | | | FOURTH QUARTER |
| | | | | | | % Change |
| | | | | 2009 | 2008 | Reported | Operational (1) | Currency |
| | | | | | | | | |
CONSUMER SEGMENT (2) | | | | | | |
| | | | | | | | | |
SKIN CARE | | | | | | | | |
US | | | | | 378 | 343 | 10.2% | 10.2% | - |
Intl | | | | | 572 | 501 | 14.2% | 6.7% | 7.5% |
WW | | | | | 950 | 844 | 12.6% | 8.1% | 4.5% |
| | | | | | | | | |
BABY CARE | | | | | | | | |
US | | | | | 106 | 109 | (2.8%) | (2.8%) | - |
Intl | | | | | 468 | 414 | 13.0% | 5.0% | 8.0% |
WW | | | | | 574 | 523 | 9.8% | 3.4% | 6.4% |
| | | | | | | | | |
ORAL CARE | | | | | | | | |
US | | | | | 167 | 192 | (13.0%) | (13.0%) | - |
Intl | | | | | 241 | 204 | 18.1% | 9.1% | 9.0% |
WW | | | | | 408 | 396 | 3.0% | (1.7%) | 4.7% |
| | | | | | | | | |
OTC/NUTRITIONALS | | | | | | | |
US | | | | | 807 | 762 | 5.9% | 5.9% | - |
Intl | | | | | 767 | 694 | 10.5% | 2.2% | 8.3% |
WW | | | | | 1,574 | 1,456 | 8.1% | 4.2% | 3.9% |
| | | | | | | | | |
WOMEN'S HEALTH | | | | | | | |
US | | | | | 135 | 148 | (8.8%) | (8.8%) | - |
Intl | | | | | 354 | 288 | 22.9% | 12.4% | 10.5% |
WW | | | | | 489 | 436 | 12.2% | 5.2% | 7.0% |
| | | | | | | | | |
WOUND CARE / OTHER | | | | | | |
US | | | | | 119 | 101 | 17.8% | 17.8% | - |
Intl | | | | | 135 | 99 | 36.4% | 20.2% | 16.2% |
WW | | | | | 254 | 200 | 27.0% | 20.0% | 7.0% |
| | | | | | | | | |
TOTAL CONSUMER | | | | | | | |
US | | | | | 1,712 | 1,655 | 3.4% | 3.4% | - |
Intl | | | | | 2,537 | 2,200 | 15.3% | 6.5% | 8.8% |
WW | | | | | 4,249 | 3,855 | 10.2% | 5.2% | 5.0% |
Note: See footnotes at end of schedule
| | | | | REPORTED SALES vs. PRIOR PERIOD |
| | | | | $MM |
| | | | | | | | | |
| | | | | TWELVE MONTHS |
| | | | | | | % Change |
| | | | | 2009 | 2008 | Reported | Operational (1) | Currency |
| | | | | | | | | |
CONSUMER SEGMENT (2) | | | | | | |
| | | | | | | | |
SKIN CARE | | | | | | | | |
US | | | | | 1,582 | 1,462 | 8.2% | 8.2% | - |
Intl | | | | | 1,885 | 1,919 | (1.8%) | 3.9% | (5.7%) |
WW | | | | | 3,467 | 3,381 | 2.5% | 5.7% | (3.2%) |
| | | | | | | | | |
BABY CARE | | | | | | | | |
US | | | | | 414 | 449 | (7.8%) | (7.8%) | - |
Intl | | | | | 1,701 | 1,765 | (3.6%) | 1.7% | (5.3%) |
WW | | | | | 2,115 | 2,214 | (4.5%) | (0.2%) | (4.3%) |
| | | | | | | | | |
ORAL CARE | | | | | | | | |
US | | | | | 716 | 780 | (8.2%) | (8.2%) | - |
Intl | | | | | 853 | 844 | 1.1% | 8.6% | (7.5%) |
WW | | | | | 1,569 | 1,624 | (3.4%) | 0.5% | (3.9%) |
| | | | | | | | | |
OTC/NUTRITIONALS | | | | | | | |
US | | | | | 2,944 | 3,061 | (3.8%) | (3.8%) | - |
Intl | | | | | 2,686 | 2,833 | (5.2%) | 1.9% | (7.1%) |
WW | | | | | 5,630 | 5,894 | (4.5%) | (1.1%) | (3.4%) |
| | | | | | | | | |
WOMEN'S HEALTH | | | | | | | |
US | | | | | 578 | 618 | (6.5%) | (6.5%) | - |
Intl | | | | | 1,317 | 1,293 | 1.9% | 8.4% | (6.5%) |
WW | | | | | 1,895 | 1,911 | (0.8%) | 3.6% | (4.4%) |
| | | | | | | | | |
WOUND CARE / OTHER | | | | | | |
US | | | | | 603 | 567 | 6.3% | 6.3% | - |
Intl | | | | | 524 | 463 | 13.2% | 19.9% | (6.7%) |
WW | | | | | 1,127 | 1,030 | 9.4% | 12.2% | (2.8%) |
| | | | | | | | | |
TOTAL CONSUMER | | | | | | | |
US | | | | | 6,837 | 6,937 | (1.4%) | (1.4%) | - |
Intl | | | | | 8,966 | 9,117 | (1.7%) | 4.7% | (6.4%) |
WW | | | | | 15,803 | 16,054 | (1.6%) | 2.0% | (3.6%) |
Note: See footnotes at end of schedule
| | | | | REPORTED SALES vs. PRIOR PERIOD |
| | | | | $MM |
| | | | | | | | | |
| | | | | FOURTH QUARTER |
| | | | | | | % Change |
| | | | | 2009 | 2008 | Reported | Operational (1) | Currency |
| | | | | | | | | |
PHARMACEUTICAL SEGMENT (2) | | | | | | |
| | | | | | | | | |
ACIPHEX/PARIET | | | | | | | | |
US | | | | | 158 | 140 | 12.9% | 12.9% | - |
Intl | | | | | 154 | 134 | 14.9% | 2.7% | 12.2% |
WW | | | | | 312 | 274 | 13.9% | 8.0% | 5.9% |
| | | | | | | | | |
CONCERTA | | | | | | | | |
US | | | | | 279 | 208 | 34.1% | 34.1% | - |
Intl | | | | | 102 | 72 | 41.7% | 31.2% | 10.5% |
WW | | | | | 381 | 280 | 36.1% | 33.4% | 2.7% |
| | | | | | | | | |
DURAGESIC/FENTANYL TRANSDERMAL | | | | | | |
US | | | | | 53 | 72 | (26.4%) | (26.4%) | - |
Intl | | | | | 180 | 200 | (10.0%) | (19.4%) | 9.4% |
WW | | | | | 233 | 272 | (14.3%) | (21.2%) | 6.9% |
| | | | | | | | | |
LEVAQUIN/FLOXIN | | | | | | | | |
US | | | | | 433 | 393 | 10.2% | 10.2% | - |
Intl | | | | | 19 | 18 | 5.6% | 1.7% | 3.9% |
WW | | | | | 452 | 411 | 10.0% | 9.8% | 0.2% |
| | | | | | | | | |
PROCRIT/EPREX | | | | | | | | |
US | | | | | 308 | 318 | (3.1%) | (3.1%) | - |
Intl | | | | | 268 | 242 | 10.7% | (0.3%) | 11.0% |
WW | | | | | 576 | 560 | 2.9% | (1.9%) | 4.8% |
| | | | | | | | | |
RAZADYNE/REMINYL | | | | | | | |
US | | | | | 6 | 11 | (45.5%) | (45.5%) | - |
Intl | | | | | 104 | 91 | 14.3% | 2.0% | 12.3% |
WW | | | | | 110 | 102 | 7.8% | (3.2%) | 11.0% |
| | | | | | | | | |
REMICADE | | | | | | | | |
US | | | | | 758 | 672 | 12.8% | 12.8% | - |
US Exports (4) | | | | 375 | 209 | 79.4% | 79.4% | - |
Intl | | | | | 5 | 5 | - | (0.3%) | 0.3% |
WW | | | | | 1,138 | 886 | 28.4% | 28.4% | - |
Note: See footnotes at end of schedule
| | | | | REPORTED SALES vs. PRIOR PERIOD |
| | | | | $MM |
| | | | | | | | | |
| | | | | TWELVE MONTHS |
| | | | | | | % Change |
| | | | | 2009 | 2008 | Reported | Operational (1) | Currency |
| | | | | | | | | |
PHARMACEUTICAL SEGMENT (2) | | | | | | |
| | | | | | | | | |
ACIPHEX/PARIET | | | | | | | | |
US | | | | | 555 | 539 | 3.0% | 3.0% | - |
Intl | | | | | 541 | 619 | (12.6%) | (6.7%) | (5.9%) |
WW | | | | | 1,096 | 1,158 | (5.4%) | (2.3%) | (3.1%) |
| | | | | | | | | |
CONCERTA | | | | | | | | |
US | | | | | 986 | 830 | 18.8% | 18.8% | - |
Intl | | | | | 340 | 417 | (18.5%) | (11.9%) | (6.6%) |
WW | | | | | 1,326 | 1,247 | 6.3% | 8.5% | (2.2%) |
| | | | | | | | | |
DURAGESIC/FENTANYL TRANSDERMAL | | | | | | |
US | | | | | 216 | 271 | (20.3%) | (20.3%) | - |
Intl | | | | | 672 | 765 | (12.2%) | (8.3%) | (3.9%) |
WW | | | | | 888 | 1,036 | (14.3%) | (11.4%) | (2.9%) |
| | | | | | | | | |
LEVAQUIN/FLOXIN | | | | | | | | |
US | | | | | 1,478 | 1,510 | (2.1%) | (2.1%) | - |
Intl | | | | | 72 | 81 | (11.1%) | 1.6% | (12.7%) |
WW | | | | | 1,550 | 1,591 | (2.6%) | (2.0%) | (0.6%) |
| | | | | | | | | |
PROCRIT/EPREX | | | | | | | | |
US | | | | | 1,258 | 1,332 | (5.6%) | (5.6%) | - |
Intl | | | | | 987 | 1,128 | (12.5%) | (7.1%) | (5.4%) |
WW | | | | | 2,245 | 2,460 | (8.7%) | (6.2%) | (2.5%) |
| | | | | | | | | |
RAZADYNE/REMINYL | | | | | | | |
US | | | | | 36 | 134 | (73.1%) | (73.1%) | - |
Intl | | | | | 379 | 407 | (6.9%) | (0.5%) | (6.4%) |
WW | | | | | 415 | 541 | (23.3%) | (18.5%) | (4.8%) |
| | | | | | | | | |
REMICADE | | | | | | | | |
US | | | | | 3,088 | 2,810 | 9.9% | 9.9% | - |
US Exports (4) | | | | 1,196 | 927 | 29.0% | 29.0% | - |
Intl | | | | | 20 | 11 | 81.8% | 78.8% | 3.0% |
WW | | | | | 4,304 | 3,748 | 14.8% | 14.8% | - |
Note: See footnotes at end of schedule
| | | | | REPORTED SALES vs. PRIOR PERIOD |
| | | | | $MM |
| | | | | | | | | |
| | | | | FOURTH QUARTER |
| | | | | | | % Change |
| | | | | 2009 | 2008 | Reported | Operational (1) | Currency |
| | | | | | | | | |
PHARMACEUTICAL SEGMENT (2) (Continued) | | | | | | |
| | | | | | | | | |
RISPERDAL/RISPERIDONE | | | | | | |
US | | | | | 24 | 91 | (73.6%) | (73.6%) | - |
Intl | | | | | 169 | 194 | (12.9%) | (20.9%) | 8.0% |
WW | | | | | 193 | 285 | (32.3%) | (37.8%) | 5.5% |
| | | | | | | | | |
RISPERDAL CONSTA | | | | | | | |
US | | | | | 133 | 117 | 13.7% | 13.7% | - |
Intl | | | | | 266 | 202 | 31.7% | 20.6% | 11.1 |
WW | | | | | 399 | 319 | 25.1% | 18.1% | 7.0 |
| | | | | | | | | |
TOPAMAX | | | | | | | | |
US | | | | | 89 | 576 | (84.5%) | (84.5%) | - |
Intl | | | | | 103 | 104 | (1.0%) | (11.7%) | 10.7% |
WW | | | | | 192 | 680 | (71.8%) | (73.4%) | 1.6% |
| | | | | | | | | |
VELCADE | | | | | | | | |
US | | | | | - | - | - | - | - |
Intl | | | | | 281 | 208 | 35.1% | 26.5% | 8.6% |
WW | | | | | 281 | 208 | 35.1% | 26.5% | 8.6% |
| | | | | | | | | |
OTHER | | | | | | | | | |
US | | | | | 722 | 623 | 15.9% | 15.9% | - |
Intl | | | | | 1,004 | 785 | 27.9% | 19.1% | 8.8% |
WW | | | | | 1,726 | 1,408 | 22.6% | 17.7% | 4.9% |
| | | | | | | | | |
TOTAL PHARMACEUTICAL | | | | | | |
US | | | | | 3,338 | 3,430 | (2.7%) | (2.7%) | - |
Intl | | | | | 2,655 | 2,255 | 17.7% | 8.0% | 9.7% |
WW | | | | | 5,993 | 5,685 | 5.4% | 1.6% | 3.8% |
| | | | | | | | | |
MAJOR NEW PHARMACEUTICAL PRODUCTS (5) | | | | |
| | | | | | | | | |
PREZISTA | | | | | | | | |
US | | | | | 88 | 50 | 76.0% | 76.0% | - |
Intl | | | | | 91 | 43 | 111.6% | 98.7% | 12.9% |
WW | | | | | 179 | 93 | 92.5% | 86.5% | 6.0% |
| | | | | | | | | |
INVEGA | | | | | | | | | |
US | | | | | 72 | 70 | 2.9% | 2.9% | - |
Intl | | | | | 34 | 25 | 36.0% | 23.8% | 12.2% |
WW | | | | | 106 | 95 | 11.6% | 8.4% | 3.2% |
Note: See footnotes at end of schedule
| | | | | REPORTED SALES vs. PRIOR PERIOD |
| | | | | $MM |
| | | | | | | | | |
| | | | | TWELVE MONTHS |
| | | | | | | % Change |
| | | | | 2009 | 2008 | Reported | Operational (1) | Currency |
| | | | | | | | | |
PHARMACEUTICAL SEGMENT (2) (Continued) | | | | | | |
| | | | | | | | | |
RISPERDAL/RISPERIDONE | | | | | | |
US | | | | | 247 | 1,287 | (80.8%) | (80.8%) | - |
Intl | | | | | 652 | 839 | (22.3%) | (21.2%) | (1.1%) |
WW | | | | | 899 | 2,126 | (57.7%) | (57.3%) | (0.4%) |
| | | | | | | | | |
RISPERDAL CONSTA | | | | | | | |
US | | | | | 519 | 456 | 13.8% | 13.8% | - |
Intl | | | | | 906 | 853 | 6.2% | 14.5% | (8.3%) |
WW | | | | | 1,425 | 1,309 | 8.9% | 14.3% | (5.4%) |
| | | | | | | | | |
TOPAMAX | | | | | | | | |
US | | | | | 731 | 2,250 | (67.5%) | (67.5%) | - |
Intl | | | | | 420 | 481 | (12.7%) | (5.3%) | (7.4%) |
WW | | | | | 1,151 | 2,731 | (57.9%) | (56.6%) | (1.3%) |
| | | | | | | | | |
VELCADE | | | | | | | | |
US | | | | | - | 4 | (100.0%) | (100.0%) | - |
Intl | | | | | 933 | 783 | 19.2% | 26.7% | (7.5%) |
WW | | | | | 933 | 787 | 18.6% | 26.0% | (7.4%) |
| | | | | | | | | |
OTHER | | | | | | | | | |
US | | | | | 2,731 | 2,481 | 10.1% | 10.1% | - |
Intl | | | | | 3,557 | 3,352 | 6.1% | 11.4% | (5.3%) |
WW | | | | | 6,288 | 5,833 | 7.8% | 10.8% | (3.0%) |
| | | | | | | | | |
TOTAL PHARMACEUTICAL | | | | | | |
US | | | | | 13,041 | 14,831 | (12.1%) | (12.1%) | - |
Intl | | | | | 9,479 | 9,736 | (2.6%) | 3.0% | (5.6%) |
WW | | | | | 22,520 | 24,567 | (8.3%) | (6.1%) | (2.2%) |
| | | | | | | | | |
MAJOR NEW PHARMACEUTICAL PRODUCTS (5) |
| | | | | | | | | |
PREZISTA | | | | | | | | |
US | | | | | 303 | 159 | 90.6% | 90.6% | - |
Intl | | | | | 289 | 175 | 65.1% | 77.0% | (11.9%) |
WW | | | | | 592 | 334 | 77.2% | 83.4% | (6.2%) |
| | | | | | | | | |
INVEGA | | | | | | | | | |
US | | | | | 266 | 262 | 1.5% | 1.5% | - |
Intl | | | | | 127 | 64 | 98.4% | 111.7% | (13.3%) |
WW | | | | | 393 | 326 | 20.6% | 23.2% | (2.6%) |
Note: See footnotes at end of schedule
| | | | | REPORTED SALES vs. PRIOR PERIOD |
| | | | | $MM |
| | | | | | | | | |
| | | | | FOURTH QUARTER |
| | | | | | | % Change |
| | | | | 2009 | 2008 | Reported | Operational (1) | Currency |
| | | | | | | | | |
MEDICAL DEVICES AND DIAGNOSTICS (2) (3) | | | | | | |
|
CORDIS (6) | | | | | | | | |
US | | | | | 240 | 236 | 1.7% | 1.7% | - |
Intl | | | | | 457 | 448 | 2.0% | (5.8%) | 7.8% |
WW | | | | | 697 | 684 | 1.9% | (3.2%) | 5.1% |
| | | | | | | | | |
DEPUY | | | | | | | | | |
US | | | | | 828 | 744 | 11.3% | 11.3% | - |
Intl | | | | | 645 | 546 | 18.1% | 8.3% | 9.8% |
WW | | | | | 1,473 | 1,290 | 14.2% | 10.1% | 4.1% |
| | | | | | | | | |
DIABETES CARE | | | | | | | | |
US | | | | | 313 | 275 | 13.8% | 13.8% | - |
Intl | | | | | 342 | 304 | 12.5% | 2.9% | 9.6% |
WW | | | | | 655 | 579 | 13.1% | 8.0% | 5.1% |
| | | | | | | | | |
ETHICON | | | | | | | | |
US | | | | | 458 | 363 | 26.2% | 26.2% | - |
Intl | | | | | 651 | 555 | 17.3% | 7.5% | 9.8% |
WW | | | | | 1,109 | 918 | 20.8% | 14.8% | 6.0% |
| | | | | | | | | |
ETHICON ENDO-SURGERY | | | | | | |
US | | | | | 532 | 515 | 3.3% | 3.3% | - |
Intl | | | | | 724 | 602 | 20.3% | 10.5% | 9.8% |
WW | | | | | 1,256 | 1,117 | 12.4% | 7.0% | 5.4% |
| | | | | | | | | |
ORTHO-CLINICAL DIAGNOSTICS | | | | | | |
US | | | | | 258 | 248 | 4.0% | 4.0% | - |
Intl | | | | | 243 | 204 | 19.1% | 10.6% | 8.5% |
WW | | | | | 501 | 452 | 10.8% | 6.9% | 3.9% |
| | | | | | | | | |
VISION CARE | | | | | | | | |
US | | | | | 188 | 201 | (6.5%) | (6.5%) | - |
Intl | | | | | 430 | 401 | 7.2% | (0.7%) | 7.9% |
WW | | | | | 618 | 602 | 2.7% | (2.6%) | 5.3% |
| | | | | | | | | |
TOTAL MEDICAL DEVICES AND DIAGNOSTICS | | | | | |
US | | | | | 2,817 | 2,582 | 9.1% | 9.1% | - |
Intl | | | | | 3,492 | 3,060 | 14.1% | 4.9% | 9.2% |
WW | | | | | 6,309 | 5,642 | 11.8% | 6.8% | 5.0% |
Note: See footnotes at end of schedule
| | | | | REPORTED SALES vs. PRIOR PERIOD |
| | | | | $MM |
| | | | | | | | | |
| | | | | TWELVE MONTHS |
| | | | | | | % Change |
| | | | | 2009 | 2008 | Reported | Operational (1) | Currency |
| | | | | | | | | |
MEDICAL DEVICES AND DIAGNOSTICS (2) (3) | | | | | | |
|
CORDIS (6) | | | | | | | | |
US | | | | | 971 | 1,165 | (16.7%) | (16.7%) | - |
Intl | | | | | 1,708 | 1,823 | (6.3%) | (4.4%) | (1.9%) |
WW | | | | | 2,679 | 2,988 | (10.3%) | (9.1%) | (1.2%) |
| | | | | | | | | |
DEPUY | | | | | | | | | |
US | | | | | 3,096 | 2,873 | 7.8% | 7.8% | - |
Intl | | | | | 2,276 | 2,263 | 0.6% | 7.2% | (6.6%) |
WW | | | | | 5,372 | 5,136 | 4.6% | 7.5% | (2.9%) |
| | | | | | | | | |
DIABETES CARE | | | | | | | | |
US | | | | | 1,221 | 1,265 | (3.5%) | (3.5%) | - |
Intl | | | | | 1,219 | 1,270 | (4.0%) | 0.8% | (4.8%) |
WW | | | | | 2,440 | 2,535 | (3.7%) | (1.3%) | (2.4%) |
| | | | | | | | | |
ETHICON | | | | | | | | |
US | | | | | 1,754 | 1,450 | 21.0% | 21.0% | - |
Intl | | | | | 2,368 | 2,390 | (0.9%) | 4.5% | (5.4%) |
WW | | | | | 4,122 | 3,840 | 7.3% | 10.7% | (3.4%) |
| | | | | | | | | |
ETHICON ENDO-SURGERY | | | | | | |
US | | | | | 1,974 | 1,901 | 3.8% | 3.8% | - |
Intl | | | | | 2,518 | 2,385 | 5.6% | 10.6% | (5.0%) |
WW | | | | | 4,492 | 4,286 | 4.8% | 7.6% | (2.8%) |
| | | | | | | | | |
ORTHO-CLINICAL DIAGNOSTICS | | | | | | |
US | | | | | 1,104 | 997 | 10.7% | 10.7% | - |
Intl | | | | | 859 | 844 | 1.8% | 6.3% | (4.5%) |
WW | | | | | 1,963 | 1,841 | 6.6% | 8.6% | (2.0%) |
| | | | | | | | | |
VISION CARE | | | | | | | | |
US | | | | | 891 | 890 | 0.1% | 0.1% | - |
Intl | | | | | 1,615 | 1,610 | 0.3% | - | 0.3% |
WW | | | | | 2,506 | 2,500 | 0.2% | 0.1% | 0.1% |
| | | | | | | | | |
TOTAL MEDICAL DEVICES AND DIAGNOSTICS | | | | | |
US | | | | | 11,011 | 10,541 | 4.5% | 4.5% | - |
Intl | | | | | 12,563 | 12,585 | (0.2%) | 4.0% | (4.2%) |
WW | | | | | 23,574 | 23,126 | 1.9% | 4.2% | (2.3%) |
(1) Operational growth excludes the effect of currency. |
(2) Select areas (unaudited). |
(3) Prior year amounts have been reclassified to conform with current presentation. |
(4) Reported in U.S. sales. |
(5) Included in Other. |
(6) Includes sales of Drug-Eluting Stents for Q4 2009 of $56, $167 and $223MM Domestic, International and Worldwide, respectively. |
Includes sales of Drug-Eluting Stents for Q4 2008 of $70, $202 and $272MM Domestic, International and Worldwide, respectively. |
Includes sales of Drug-Eluting Stents for December YTD 2009 of $245, $674 and $919MM Domestic, International and Worldwide, |
respectively. |
Includes sales of Drug-Eluting Stents for December YTD 2008 of $503, $852 and $1,355MM Domestic, International and Worldwide, |
respectively. |