Christian Fuchs

As discussed in Note 8 - Business Acquisitions, in conjunction with the acquisition of Alere Inc. (Alere), Abbott sold the Triage MeterPro cardiovascular and toxicology business and the assets and liabilities related to its B-type Natriuretic Peptide assay business run on Beckman Coulter analyzers to Quidel Corporation (Quidel). Non-GAAP Reconciliation of Adjusted Historical Revenue. Divestiture-related expenses include incremental costs to separate the divested businesses as well as bankers' fees and costs for legal, accounting, tax, and other services related to the divestitures. The $5.2 billion decrease in working capital in 2018 is primarily due to the reduction in Cash and cash equivalents as discussed above. ® of Shares (or

Securities, Cumulative Gains 2 Abbott has not provided the GAAP financial measure for organic sales growth on a forward-looking basis because the company is unable to predict the impact of foreign exchange due to the unpredictability of future changes in foreign exchange rates, which could significantly impact reported sales growth. The specified items in interest expense include amortization expense associated with acquisition-related bridge facility fees.

Abbott funds its domestic defined benefit plans according to IRS funding limitations. In February 2018, the FASB issued ASU 2018-02,

For goods or services for which observable standalone selling prices are not available, Abbott uses an expected cost plus a margin approach to estimate the standalone selling price of each performance obligation. The condensed consolidated financial statements include the accounts of the parent company and subsidiaries, after elimination of intercompany transactions.


Under the two-class method, net earnings are allocated between common shares and participating securities. In October 2016, the FASB issued ASU 2016-16,  Unregistered Sales of Equity Securities and Use of Proceeds, (c)  Ensure In January 2016, the FASB issued ASU 2016-01, Abbott did not have any restricted cash balances in the periods presented except for $75 million of restricted cash acquired as part of the Alere Inc. acquisition in October 2017.

Abbott recorded employee related severance and other charges of approximately $33 million in the first three months of 2018 related to these initiatives.


Private Securities Litigation Reform Act of 1995 — A Caution Concerning Forward-Looking Statements.

As a result of the new accounting standard, approximately $40 million of pension and other post retirement related income is now being reported in Other (income) expense, net in the first quarter of 2018 and 2017.

, which provides new guidance for the recognition, measurement, presentation, and disclosure of financial assets and liabilities. Diabetes Care is a non-reportable segment and is included in Other in the following table. Tax expense includes the estimated net impact of U.S. tax reform of $1.46 billion. Powered by Madgex Job Board Software.

The acquisition provides expanded opportunities for future growth and is an important part of the company’s ongoing effort to develop a strong, diverse portfolio of devices, diagnostics, nutritionals and branded generic pharmaceuticals.

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