Exhibit 99.1
1 Becton Drive
Franklin Lakes, NJ 07417
www.bd.com
News Release
(BD LOGO)
Contact:
Sherry L. Bertner, Investor Relations – 201-847-5453
Colleen T. White, Corporate Communications – 201-847-5369
BD ANNOUNCES RESULTS FOR SECOND QUARTER FISCAL 2010
    Reports earnings per share from continuing operations of $1.24, or $1.27 after excluding specified item
 
    Reaffirms guidance for full-year fiscal 2010 earnings per share from continuing operations, excluding specified items
Franklin Lakes, NJ (April 29, 2010) – BD (Becton, Dickinson and Company) (NYSE: BDX) today reported quarterly revenues of $1.845 billion for the second fiscal quarter ended March 31, 2010, representing an increase of 7.0 percent from the prior-year period, or 6.6 percent on a foreign currency-neutral basis.
“We are pleased with our second quarter results, which are in line with the Company’s expectations,” said Edward J. Ludwig, Chairman and Chief Executive Officer. “Solid revenue growth in our Medical segment and a continued improvement in our Biosciences segment offset lower than expected growth in our Diagnostics segment. Our strong overall operating performance for the first half of fiscal 2010 gives us the confidence to reaffirm our guidance for full-year adjusted earnings.”

 


 

Second Quarter and Six-Month Fiscal 2010 Operating Results
Reported diluted earnings per share from continuing operations for the second quarter were $1.24 compared with $1.05 in the prior-year period. Current quarter results included a non-cash charge of $8.9 million, or $0.04 per share from continuing operations related to healthcare reform impacting Medicare Part D reimbursements, and the prior-year period included a litigation charge of $45 million, or $0.11 per share. Excluding these items, adjusted diluted earnings per share from continuing operations increased by 8.5 percent to $1.27, compared with $1.17 adjusted earnings per share in the prior-year period. On a foreign currency-neutral basis, adjusted diluted earnings per share from continuing operations for the second quarter increased by 16.2 percent.
For the six-month period ending March 31, 2010, reported diluted earnings per share from continuing operations were $2.53 compared with $2.30 in the prior-year period. Excluding the aforementioned charges, diluted earnings per share from continuing operations were $2.57, an increase of 6.6 percent over adjusted diluted earnings per share from continuing operations of $2.41 in the prior-year period. On a foreign currency-neutral basis, adjusted diluted earnings per share from continuing operations for the six-month period increased 14.1 percent.
Segment Results
In the BD Medical segment, worldwide revenues for the quarter were $967 million, representing an increase of 9.7 percent compared with the prior-year period, or 7.8 percent on a foreign currency-neutral basis. Revenues reflect strong sales of Diabetes Care and Pharmaceutical Systems products. For the six-month period ended March 31, 2010, BD Medical revenues increased 13.0 percent, or 10.2 percent on a foreign currency-neutral basis.

 


 

In the BD Diagnostics segment, worldwide revenues for the quarter were $556 million, representing an increase of 3.0 percent compared with the prior-year period. Segment revenues increased 2.7 percent on a foreign currency-neutral basis, impacted by a reduction in lab testing and a decline in flu-related testing due to an exceptionally mild flu season. These were offset by strong growth in cancer and STD product platforms. For the six-month period ended March 31, 2010, BD Diagnostics revenues increased 6.6 percent, or 5.4 percent on a foreign currency-neutral basis.
In the BD Biosciences segment, worldwide revenues for the quarter were $322 million, representing an increase of 6.0 percent compared with the prior-year period. Revenues increased 9.8 percent on a foreign currency-neutral basis, driven by Cell Analysis and Discovery Labware growth in certain markets. For the six-month period ended March 31, 2010, BD Biosciences revenues increased by 3.0 percent, or 5.2 percent on a foreign currency-neutral basis.
Geographic Results
Second quarter revenues in the U.S. were $810 million, representing an increase of 6.0 percent from the prior-year period. Revenues outside of the U.S. were $1.035 billion, representing an increase of 7.7 percent compared with the prior-year period, or 7.0 percent on a foreign currency-neutral basis.
For the six-month period ended March 31, 2010, revenues in the U.S. were $1.683 billion, representing an increase of 7.9 percent compared with the prior-year period. Revenues outside of the U.S. were $2.078 billion, representing an increase of 10.4 percent compared with the prior-year period, or 7.8 percent on a foreign currency-neutral basis.

 


 

Fiscal 2010 Outlook
We expect reported revenues for the full year fiscal 2010 to increase approximately 6 percent, or about 1 percent less than our previously communicated guidance due to currency fluctuations. On a foreign currency-neutral basis, we expect revenues to increase approximately 6 percent, which is in line with our previously communicated guidance.
We also expect reported diluted earnings per share from continuing operations for the full year fiscal 2010 to be $5.01 to $5.11. Excluding the aforementioned charge of $0.04 related to healthcare reform impacting Medicare Part D reimbursements, we reaffirm our guidance that we expect diluted earnings per share from continuing operations for the full year fiscal 2010 will increase approximately 2 to 4 percent to $5.05 to $5.15, or 8 to 10 percent on a foreign currency-neutral basis. This is compared to adjusted diluted earnings per share from continuing operations, excluding the litigation charge of $0.11 and a tax benefit adjustment of $0.08, of $4.95 for fiscal year 2009. Reported diluted earnings per share from continuing operations for fiscal year 2009 were $4.92.
Conference Call Information
A conference call regarding BD’s second quarter results and its expectations for the full fiscal year will be broadcast live on BD’s website, www.bd.com/investors, along with related slides, at 10:00 a.m. (ET) Thursday, April 29, 2010. The conference call will be available for replay on BD’s website, www.bd.com/investors, or at 1-800-642-1687 (domestic) and 1-706-645-9291 (international) through the close of business on May 6, 2010, access code 67104728.

 


 

Non-GAAP Financial Measures
This news release contains certain non-GAAP financial measures. Reconciliations of these and other non- GAAP measures to the comparable GAAP measures are included in the attached financial tables and the Form 8-K that BD filed today with the SEC.
About BD
BD is a leading global medical technology company that develops, manufactures and sells medical devices, instrument systems and reagents. The Company is dedicated to improving people’s health throughout the world. BD is focused on improving drug delivery, enhancing the quality and speed of diagnosing infectious diseases and cancers, and advancing research, discovery and production of new drugs and vaccines. BD’s capabilities are instrumental in combating many of the world’s most pressing diseases. Founded in 1897 and headquartered in Franklin Lakes, New Jersey, BD employs approximately 29,000 associates in more than 50 countries throughout the world. The Company serves healthcare institutions, life science researchers, clinical laboratories, the pharmaceutical industry and the general public. For more information, please visit www.bd.com.
***
This press release contains certain estimates and other forward-looking statements (as defined under Federal securities laws) regarding BD’s performance, including future revenues and earnings per share. All such statements are based upon current expectations of BD and involve a number of business risks and uncertainties. Actual results could vary materially from anticipated results described, implied or projected in any forward-looking statement. With respect to forward-looking statements contained herein, a number of factors could cause actual results to vary materially from any forward-looking statement. These factors include, but are not limited to: the unknown consequences of the recently-enacted healthcare reform in the United States, including the impact of the reduction in Medicare and Medicaid payments to hospitals, pharmaceutical companies and other customers, which could reduce demand for our products and increase downward pricing pressure; adverse changes in regional, national or foreign economic conditions, including any impact that may result from the current global economic downturn on our ability to access credit markets and finance our operations, the demand for our products and services, or our suppliers’ ability to provide products

 


 

needed for our operations; changes in interest or foreign currency exchange rates; competitive factors; pricing and market share pressures; difficulties inherent in product development and delays in product introductions; increases in energy costs and their effect on, among other things, the cost of producing BD’s products; fluctuations in costs and availability of raw materials and in BD’s ability to maintain favorable supplier arrangements and relationships; uncertainties of litigation (as described in BD’s filings with the Securities and Exchange Commission); future healthcare reform, including changes in government pricing and reimbursement policies or other cost containment reforms; the effects of potential pandemic diseases; our ability to successfully integrate any businesses we acquire; and issuance of new or revised accounting standards, as well as other factors discussed in BD’s filings with the Securities and Exchange Commission. We do not intend to update any forward-looking statements to reflect events or circumstances after the date hereof except as required by applicable laws or regulations.

 


 

BECTON DICKINSON AND COMPANY
CONSOLIDATED INCOME STATEMENTS
(Unaudited; Amounts in thousands, except per share data)
                         
    Three Months Ended March 31,
    2010   2009   % Change
 
 
                       
REVENUES
  $ 1,844,854     $ 1,724,967       7.0  
 
                       
Cost of products sold
    886,895       829,350       6.9  
Selling and administrative
    426,346       436,359       (2.3 )
Research and development
    101,118       98,588       2.6  
 
TOTAL OPERATING COSTS AND EXPENSES
    1,414,359       1,364,297       3.7  
 
 
                       
OPERATING INCOME
    430,495       360,670       19.4  
 
                       
Interest income
    9,652       4,312     NM
Interest expense
    (12,913 )     (7,495 )     72.3  
Other income (expense), net
    164       (5,701 )   NM
 
 
                       
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES
    427,398       351,786       21.5  
 
                       
Income tax provision
    129,673       92,612       40.0  
 
 
                       
INCOME FROM CONTINUING OPERATIONS
    297,725       259,174       14.9  
 
                       
(LOSS) INCOME FROM DISCONTINUED OPERATIONS NET OF INCOME TAX (BENEFIT) PROVISION OF $(54) AND $611, RESPECTIVELY
    (94 )     2,115     NM
 
 
                       
NET INCOME
  $ 297,631     $ 261,289       13.9  
 
 
                       
EARNINGS PER SHARE
                       
 
                       
 
                       
Basic:
                       
Income from continuing operations
  $ 1.27     $ 1.08       17.6  
(Loss) income from discontinued operations
  $     $ 0.01     NM
Net income (1)
  $ 1.26     $ 1.09       15.6  
 
                       
Diluted:
                       
Income from continuing operations
  $ 1.24     $ 1.05       18.1  
(Loss) income from discontinued operations
  $     $ 0.01     NM
Net income
  $ 1.24     $ 1.06       17.0  
 
                       
 
 
                       
AVERAGE SHARES OUTSTANDING
                       
 
                       
Basic
    235,325       240,239          
Diluted
    240,863       245,890          
 
NM – Not Meaningful
(1) Total per share amounts may not add due to rounding

Page 1


 

BECTON DICKINSON AND COMPANY
CONSOLIDATED INCOME STATEMENTS
(Unaudited; Amounts in thousands, except per share data)
                         
    Six Months Ended March 31,
    2010   2009   % Change
 
 
                       
REVENUES
  $ 3,761,628     $ 3,442,886       9.3  
 
                       
Cost of products sold
    1,806,437       1,625,624       11.1  
Selling and administrative
    877,275       842,378       4.1  
Research and development
    201,402       195,902       2.8  
 
TOTAL OPERATING COSTS AND EXPENSES
    2,885,114       2,663,904       8.3  
 
 
                       
OPERATING INCOME
    876,514       778,982       12.5  
 
                       
Interest income
    18,441       5,963     NM
Interest expense
    (25,900 )     (15,319 )     69.1  
Other (expense) income, net
    (2,189 )     3,710     NM
 
 
                       
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES
    866,866       773,336       12.1  
 
                       
Income tax provision
    253,163       204,743       23.6  
 
 
                       
INCOME FROM CONTINUING OPERATIONS
    613,703       568,593       7.9  
 
                       
INCOME FROM DISCONTINUED OPERATIONS NET OF INCOME TAX PROVISION OF $99 AND $1,465, RESPECTIVELY
    304       4,764     NM
 
 
                       
NET INCOME
  $ 614,007     $ 573,357       7.1  
 
 
                       
EARNINGS PER SHARE
                       
 
                       
Basic:
                       
Income from continuing operations
  $ 2.60     $ 2.36       10.2  
Income from discontinued operations
  $     $ 0.02     NM
Net income
  $ 2.60     $ 2.38       9.2  
 
                       
Diluted:
                       
Income from continuing operations
  $ 2.53     $ 2.30       10.0  
Income from discontinued operations
  $     $ 0.02     NM
Net income
  $ 2.53     $ 2.32       9.1  
 
                       
 
 
                       
AVERAGE SHARES OUTSTANDING
                       
 
                       
Basic
    236,353       241,330          
Diluted
    242,327       247,436          
 
NM – Not Meaningful

Page 2


 

BECTON DICKINSON AND COMPANY
SUPPLEMENTAL REVENUE INFORMATION
REVENUES BY SEGMENT AND GEOGRAPHIC AREA
(Unaudited; Amounts in thousands)
                         
    Three Months Ended March 31,
    2010   2009   % Change
 
 
                       
BD MEDICAL
                       
United States
  $ 400,241     $ 375,003       6.7  
International
    566,837       506,484       11.9  
 
TOTAL
  $ 967,078     $ 881,487       9.7  
 
 
                       
BD DIAGNOSTICS
                       
United States
  $ 292,841     $ 285,113       2.7  
International
    262,831       254,527       3.3  
 
TOTAL
  $ 555,672     $ 539,640       3.0  
 
 
                       
BD BIOSCIENCES
                       
United States
  $ 117,151     $ 104,039       12.6  
International
    204,953       199,801       2.6  
 
TOTAL
  $ 322,104     $ 303,840       6.0  
 
 
                       
TOTAL REVENUES
                       
United States
  $ 810,233     $ 764,155       6.0  
International
    1,034,621       960,812       7.7  
 
TOTAL
  $ 1,844,854     $ 1,724,967       7.0  
 

Page 3


 

BECTON DICKINSON AND COMPANY
SUPPLEMENTAL REVENUE INFORMATION
REVENUES BY SEGMENT AND GEOGRAPHIC AREA
(Unaudited; Amounts in thousands)
                         
    Six Months Ended March 31,
    2010   2009   % Change
 
 
                       
BD MEDICAL
                       
United States
  $ 852,627     $ 769,165       10.9  
International
    1,133,077       987,512       14.7  
 
TOTAL
  $ 1,985,704     $ 1,756,677       13.0  
 
 
                       
BD DIAGNOSTICS
                       
United States
  $ 603,045     $ 572,681       5.3  
International
    548,102       507,150       8.1  
 
TOTAL
  $ 1,151,147     $ 1,079,831       6.6  
 
 
                       
BD BIOSCIENCES
                       
United States
  $ 227,787     $ 217,790       4.6  
International
    396,990       388,588       2.2  
 
TOTAL
  $ 624,777     $ 606,378       3.0  
 
 
                       
TOTAL REVENUES
                       
United States
  $ 1,683,459     $ 1,559,636       7.9  
International
    2,078,169       1,883,250       10.4  
 
TOTAL
  $ 3,761,628     $ 3,442,886       9.3  
 

Page 4


 

BECTON DICKINSON AND COMPANY
SUPPLEMENTAL REVENUE INFORMATION
REVENUES BY BUSINESS SEGMENTS AND UNITS
Three Months Ended March 31,
(Unaudited; Amounts in thousands)
                         
    United States
    2010   2009   % Change
 
 
                       
BD MEDICAL
                       
Medical Surgical Systems
  $ 248,601     $ 242,350       2.6  
Diabetes Care
    92,515       83,233       11.2  
Pharmaceutical Systems
    52,078       43,065       20.9  
Ophthalmic Systems
    7,047       6,355       10.9  
 
TOTAL
  $ 400,241     $ 375,003       6.7  
 
 
                       
BD DIAGNOSTICS
                       
Preanalytical Systems
  $ 149,932     $ 147,436       1.7  
Diagnostic Systems
    142,909       137,677       3.8  
 
TOTAL
  $ 292,841     $ 285,113       2.7  
 
 
                       
BD BIOSCIENCES
                       
Cell Analysis
  $ 78,183     $ 71,770       8.9  
Discovery Labware
    38,968       32,269       20.8  
 
TOTAL
  $ 117,151     $ 104,039       12.6  
 
 
                       
TOTAL UNITED STATES
  $ 810,233     $ 764,155       6.0  
 

Page 5


 

BECTON DICKINSON AND COMPANY
SUPPLEMENTAL REVENUE INFORMATION
REVENUES BY BUSINESS SEGMENTS AND UNITS
Three Months Ended March 31, (continued)
(Unaudited; Amounts in thousands)
                                         
    International
                    % Change
    2010   2009   Reported   FXN   FX Impact
 
 
                                       
BD MEDICAL
                                       
Medical Surgical Systems
  $ 257,488     $ 230,233       11.8       6.6       5.2  
Diabetes Care
    95,471       85,159       12.1       9.3       2.8  
Pharmaceutical Systems
    200,305       178,085       12.5       11.1       1.4  
Ophthalmic Systems
    13,573       13,007       4.4       5.9       (1.5 )
 
TOTAL
  $ 566,837     $ 506,484       11.9       8.6       3.3  
 
 
                                       
BD DIAGNOSTICS
                                       
Preanalytical Systems
  $ 137,738     $ 131,029       5.1       3.1       2.0  
Diagnostic Systems
    125,093       123,498       1.3       2.4       (1.1 )
 
TOTAL
  $ 262,831     $ 254,527       3.3       2.8       0.5  
 
 
                                       
BD BIOSCIENCES
                                       
Cell Analysis
  $ 164,292     $ 159,223       3.2       9.1       (5.9 )
Discovery Labware
    40,661       40,578       0.2       5.8       (5.6 )
 
TOTAL
  $ 204,953     $ 199,801       2.6       8.4       (5.8 )
 
 
                                       
TOTAL INTERNATIONAL
  $ 1,034,621     $ 960,812       7.7       7.0       0.7  
 

Page 6


 

BECTON DICKINSON AND COMPANY
SUPPLEMENTAL REVENUE INFORMATION
REVENUES BY BUSINESS SEGMENTS AND UNITS
Three Months Ended March 31, (continued)
(Unaudited; Amounts in thousands)
                                         
    Total
                    % Change
    2010   2009   Reported   FXN   FX Impact
 
 
                                       
BD MEDICAL
                                       
Medical Surgical Systems
  $ 506,089     $ 472,583       7.1       4.6       2.5  
Diabetes Care
    187,986       168,392       11.6       10.2       1.4  
Pharmaceutical Systems
    252,383       221,150       14.1       13.0       1.1  
Ophthalmic Systems
    20,620       19,362       6.5       7.5       (1.0 )
 
TOTAL
  $ 967,078     $ 881,487       9.7       7.8       1.9  
 
 
                                       
BD DIAGNOSTICS
                                       
Preanalytical Systems
  $ 287,670     $ 278,465       3.3       2.4       0.9  
Diagnostic Systems
    268,002       261,175       2.6       3.1       (0.5 )
 
TOTAL
  $ 555,672     $ 539,640       3.0       2.7       0.3  
 
 
                                       
BD BIOSCIENCES
                                       
Cell Analysis
  $ 242,475     $ 230,993       5.0       9.0       (4.0 )
Discovery Labware
    79,629       72,847       9.3       12.4       (3.1 )
 
TOTAL
  $ 322,104     $ 303,840       6.0       9.8       (3.8 )
 
 
                                       
TOTAL REVENUES
  $ 1,844,854     $ 1,724,967       7.0       6.6       0.4  
 

Page 7


 

BECTON DICKINSON AND COMPANY
SUPPLEMENTAL REVENUE INFORMATION
REVENUES BY BUSINESS SEGMENTS AND UNITS
Six Months Ended March 31,
(Unaudited; Amounts in thousands)
                         
    United States
    2010   2009   % Change
 
 
                       
BD MEDICAL
                       
Medical Surgical Systems
  $ 535,136     $ 498,605       7.3  
Diabetes Care
    189,079       171,699       10.1  
Pharmaceutical Systems
    114,099       85,717       33.1  
Ophthalmic Systems
    14,313       13,144       8.9  
 
TOTAL
  $ 852,627     $ 769,165       10.9  
 
 
                       
BD DIAGNOSTICS
                       
Preanalytical Systems
  $ 306,167     $ 296,666       3.2  
Diagnostic Systems
    296,878       276,015       7.6  
 
TOTAL
  $ 603,045     $ 572,681       5.3  
 
 
                       
BD BIOSCIENCES
                       
Cell Analysis
  $ 155,787     $ 149,150       4.4  
Discovery Labware
    72,000       68,640       4.9  
 
TOTAL
  $ 227,787     $ 217,790       4.6  
 
 
                       
TOTAL UNITED STATES
  $ 1,683,459     $ 1,559,636       7.9  
 

Page 8


 

BECTON DICKINSON AND COMPANY
SUPPLEMENTAL REVENUE INFORMATION
REVENUES BY BUSINESS SEGMENTS AND UNITS
Six Months Ended March 31, (continued)
(Unaudited; Amounts in thousands)
                                         
    International
                    % Change
    2010   2009   Reported   FX Neutral   FX Impact
 
 
                                       
BD MEDICAL
                                       
Medical Surgical Systems
  $ 530,976     $ 454,480       16.8       10.9       5.9  
Diabetes Care
    200,428       176,699       13.4       8.5       4.9  
Pharmaceutical Systems
    374,258       330,214       13.3       9.3       4.0  
Ophthalmic Systems
    27,415       26,119       5.0       4.3       0.7  
 
TOTAL
  $ 1,133,077     $ 987,512       14.7       9.8       4.9  
 
 
                                       
BD DIAGNOSTICS
                                       
Preanalytical Systems
  $ 281,670     $ 259,953       8.4       4.9       3.5  
Diagnostic Systems
    266,432       247,197       7.8       6.2       1.6  
 
TOTAL
  $ 548,102     $ 507,150       8.1       5.5       2.6  
 
 
                                       
BD BIOSCIENCES
                                       
Cell Analysis
  $ 318,025     $ 311,364       2.1       5.6       (3.5 )
Discovery Labware
    78,965       77,224       2.3       5.4       (3.1 )
 
TOTAL
  $ 396,990     $ 388,588       2.2       5.5       (3.3 )
 
 
                                       
TOTAL INTERNATIONAL
  $ 2,078,169     $ 1,883,250       10.4       7.8       2.6  
 

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BECTON DICKINSON AND COMPANY
SUPPLEMENTAL REVENUE INFORMATION
REVENUES BY BUSINESS SEGMENTS AND UNITS
Six Months Ended March 31, (continued)
(Unaudited; Amounts in thousands)
                                         
    Total
                    % Change
    2010   2009   Reported   FX Neutral   FX Impact
 
 
                                       
BD MEDICAL
                                       
Medical Surgical Systems
  $ 1,066,112     $ 953,085       11.9       9.0       2.9  
Diabetes Care
    389,507       348,398       11.8       9.3       2.5  
Pharmaceutical Systems
    488,357       415,931       17.4       14.2       3.2  
Ophthalmic Systems
    41,728       39,263       6.3       5.9       0.4  
 
TOTAL
  $ 1,985,704     $ 1,756,677       13.0       10.2       2.8  
 
 
                                       
BD DIAGNOSTICS
                                       
Preanalytical Systems
  $ 587,837     $ 556,619       5.6       4.0       1.6  
Diagnostic Systems
    563,310       523,212       7.7       6.9       0.8  
 
TOTAL
  $ 1,151,147     $ 1,079,831       6.6       5.4       1.2  
 
 
                                       
BD BIOSCIENCES
                                       
Cell Analysis
  $ 473,812     $ 460,514       2.9       5.2       (2.3 )
Discovery Labware
    150,965       145,864       3.5       5.1       (1.6 )
 
TOTAL
  $ 624,777     $ 606,378       3.0       5.2       (2.2 )
 
 
                                       
TOTAL REVENUES
  $ 3,761,628     $ 3,442,886       9.3       7.8       1.5  
 

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BECTON DICKINSON AND COMPANY
SUPPLEMENTAL REVENUE INFORMATION
SAFETY REVENUES
(Unaudited; Amounts in thousands)
                                         
    Three Months Ended March 31,
                    % Change
    2010   2009   Reported   FXN   FX Impact
 
 
                                       
TOTAL SAFETY REVENUES
                                       
United States
  $ 268,773     $ 255,026       5.4       5.4        
International
    149,475       136,718       9.3       6.8       2.5  
 
TOTAL
  $ 418,248     $ 391,744       6.8       5.9       0.9  
 
 
                                       
BY SEGMENT
                                       
BD Medical
  $ 200,355     $ 183,591       9.1       8.0       1.1  
BD Diagnostics
    217,893       208,153       4.7       4.0       0.7  
 
TOTAL
  $ 418,248     $ 391,744       6.8       5.9       0.9  
 
 
                                       
                                         
    Six Months Ended March 31,
                    % Change
    2010   2009   Reported   FXN   FX Impact
 
 
                                       
TOTAL SAFETY REVENUES
                                       
United States
  $ 567,031     $ 523,995       8.2       8.2        
International
    305,489       270,798       12.8       8.6       4.2  
 
TOTAL
  $ 872,520     $ 794,793       9.8       8.4       1.4  
 
 
                                       
BY SEGMENT
                                       
BD Medical
  $ 428,857     $ 376,342       14.0       12.3       1.7  
BD Diagnostics
    443,663       418,451       6.0       4.8       1.2  
 
TOTAL
  $ 872,520     $ 794,793       9.8       8.4       1.4  
 

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