ABBOTT ANNOUNCES INCREASE IN QUARTERLY DIVIDEND The recorded accrual balance at March 31, 2018 for these proceedings and exposures was approximately $110 million. Acquired intangible assets, non-deductible, Deferred income taxes recorded at acquisition, Total preliminary allocation of fair value. Abbott’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for Abbott and have: a) 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 has retained all liabilities for all U.S. federal and foreign income taxes on income prior to the separation, as well as certain non-income related taxes attributable to AbbVie’s business prior to the separation. Evaluation of disclosure controls and procedures. Thanks to strong execution and more than 30 significant product advances that made a big impact on people’s lives, Abbott had another outstanding year. The standard becomes effective for Abbott beginning in the first quarter of 2019 and early adoption is permitted. The impact of adopting ASU 2014-09 was not significant to individual financial statement line items on the Condensed Consolidated Balance Sheet and Condensed Consolidated Statement of Earnings. 2017 Tax expense on Earnings from Continuing Operations includes the net expense of $1.46 billion for the estimated impact of U.S. tax reform, as well as the tax associated with a $1.163 billion pretax gain on the sale of the AMO business. The related (a), Restructuring the Plans or Provisions for discounts, rebates and sales incentives to customers, and returns and other adjustments are provided for in the period the related sales are recorded. In March 2017, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2017-07, Product warranties are also not significant. Excluding the impact of the Alere acquisition, the divestitures of AMO and the legacy St. Jude Medical vascular closure business, and the impact of foreign exchange, total net sales increased 6.9 percent. Any fraud, whether or not material, that involves management or other employees who have a significant role in Abbott’s internal control over financial reporting. Abbott has elected the measurement alternative allowed by ASU 2016-01 for its equity investments without readily determinable fair values.

Abbott's Tests Helping Tackle the Pandemic. The carrying values of all other financial instruments approximate their estimated fair values. Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income

In February 2017, Abbott completed the sale of Abbott Medical Optics (AMO) to Johnson & Johnson and recognized a pre-tax gain of $1.151 billion, which is reported in Other (income) expense, net within the Condensed Consolidated Statement of Earnings in the first quarter of 2017. These investments are measured at cost, less any impairment, plus or minus any changes resulting from observable price changes in orderly transactions for an identical or similar investment of the same issuer. For the three months ended March 31, 2018, research and development expenditures totaled $246 million for the Cardiovascular and Neuromodulation Products segment, $147 million for the Diagnostic Products segment, $44 million for the Established Pharmaceutical Products segment and $48 million for the Nutritional Products segment. It is suggested that these statements be read in conjunction with the financial statements included in Abbott’s Annual Report on Form 10-K for the year ended December 31, 2017.
Abbott is currently evaluating the effect that the new guidance will have on its consolidated financial statements. Abbott undertakes no obligation to release publicly any revisions to forward-looking statements as a result of subsequent events or developments, except as required by law. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. 2018 Tax expense on Earnings from Continuing Operations includes an additional $85 million of tax expense for the transition tax associated with the Tax Cuts and Jobs Act (TCJA). The amount of hedge ineffectiveness was not significant in 2018 and 2017 for these hedges. Specified items include intangible amortization expense, acquisition-related expenses, charges associated with cost reduction initiatives and other expenses. The following summarizes the activity for the first three months of 2018 related to these restructuring actions and the status of the related accrual as of March 31, 2018: In the first three months of 2018, Abbott granted 5,505,363 stock options, 861,129 restricted stock awards and 7,652,605 restricted stock units under its incentive stock programs. x Under the terms of the sale agreement with Abbott, Quidel is subject to the risks and entitled to the benefits generated by these operations and assets.              Abbott’s primary markets are highly competitive and subject to substantial government regulations throughout the world.
On February 16, 2018, the board of directors authorized the redemption of up to $5 billion of currently outstanding long-term notes in addition to the $3.95 billion repaid in January 2018. While it is not feasible to predict the outcome of all such proceedings and exposures with certainty, management believes that their ultimate disposition should not have a material adverse effect on Abbott’s financial position, cash flows, or results of operations.

Private Securities Litigation Reform Act of 1995 — A Caution Concerning Forward-Looking Statements. Abbott’s products are generally sold directly to retailers, wholesalers, hospitals, health care facilities, laboratories, physicians’ offices and government agencies throughout the world. Finance and Chief Financial Officer, Section 906 of the Sarbanes-Oxley Act of 2002.

Excluding specified items, projected adjusted diluted earnings per share from continuing operations would be $0.60 to $0.62 for the first quarter.          Under the two-class method, net earnings are allocated between common shares and participating securities. We're very well-positioned heading into 2019.". Any gains related to the divestiture of a facility as part of a restructuring program are also included in this category.

Compensation — Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost In the U.S., Abbott’s federal income tax returns through 2013 are settled except for the federal income tax returns of the former Alere consolidated group which are settled through 2012. FINANCIAL INFORMATION, Item 4. Some of the hottest areas we’re working on are in our diagnostics and devices businesses, including: For full details on our 2018 performance, you can read our press release, or take a look at some additional materials below: Abbott's Chairman and CEO Miles D. White shared his views on full-year performance: Learn more about Abbott’s full-year 2018 results: Download a summary of Abbott's earnings highlights here. Changes in internal control over financial reporting. o, Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Sales incentives to customers are not material. Publicly that May Yet Be Historically, adjustments to prior years’ rebate accruals have not been material to net income. Notes to the Condensed Consolidated Financial Statements. And we expect 2019 to be another great year. Flow Hedges, Reclassified to Earnings employed in the business for adoption of ASU 2016-01, Other comprehensive (loss) income before reclassifications, Amounts reclassified from accumulated other comprehensive income, Net current period comprehensive income (loss).


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