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Pfizer Inc. And Subsidiary Companies (MILLIONS, except per common share DATA) 2009 Financial YEAR ENDED DECEMBER 31, 2009 2008 2007 Revenues costs and expenses: Selling, informational and administrative expenses (a) research and development expenses (b) amortization of intangible assets (d) Restructuring charges and certain acquisition-related costs.
Pfizer Inc. And Subsidiary Companies (MILLIONS, except per common share DATA) 2009 Financial YEAR ENDED DECEMBER 31, 2009 2008 2007 Revenues costs and expenses: Selling, informational and administrative expenses (a) research and development expenses (b) amortization of intangible assets (d) Restructuring charges and certain acquisition-related costs.
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Pfizer Inc. And Subsidiary Companies (MILLIONS, except per common share DATA) 2009 Financial YEAR ENDED DECEMBER 31, 2009 2008 2007 Revenues costs and expenses: Selling, informational and administrative expenses (a) research and development expenses (b) amortization of intangible assets (d) Restructuring charges and certain acquisition-related costs.
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(MILLIONS, EXCEPT PER COMMON SHARE DATA) 2009 2008 2007 Revenues $50,009 $48,296 $48,418 Costs and expenses: Cost of sales(a) 8,888 8,112 11,239 Selling, informational and administrative expenses(a) 14,875 14,537 15,626 Research and development expenses(a) 7,845 7,945 8,089 Amortization of intangible assets 2,877 2,668 3,128 Acquisition-related in-process research and development charges 68 633 283 Restructuring charges and certain acquisition-related costs 4,337 2,675 2,534 Other (income)/deductions—net 292 2,032 (1,759) Income from continuing operations before provision for taxes on income 10,827 9,694 9,278 Provision for taxes on income 2,197 1,645 1,023 Income from continuing operations 8,630 8,049 8,255 Discontinued operations—net of tax 14 78 (69) Net income before allocation to noncontrolling interests 8,644 8,127 8,186 Less: Net income attributable to noncontrolling interests 9 23 42 Net income attributable to Pfizer Inc. $ 8,635 $ 8,104 $ 8,144 Earnings per common share—basic Income from continuing operations attributable to Pfizer Inc. common shareholders $ 1.23 $ 1.19 $ 1.19 Discontinued operations—net of tax — 0.01 (0.01) Net income attributable to Pfizer Inc. common shareholders $ 1.23 $ 1.20 $ 1.18 Earnings per common share—diluted Income from continuing operations attributable to Pfizer Inc. common shareholders $ 1.23 $ 1.19 $ 1.18 Discontinued operations—net of tax — 0.01 (0.01) Net income attributable to Pfizer Inc. common shareholders $ 1.23 $ 1.20 $ 1.17 Weighted-average shares—basic 7,007 6,727 6,917 Weighted-average shares—diluted 7,045 6,750 6,939 (a) Exclusive of amortization of intangible assets except as disclosed in Note 1L. Significant Accounting Policies: Amortization of Intangible Assets, Depreciation and Certain Long-Lived Assets.
See Notes to Consolidated Financial Statements, which are an integral part of these statements.