10-QPeriod: Q3 FY2010

BECTON DICKINSON & CO Quarterly Report for Q3 Ended Jun 30, 2010

Filed August 4, 2010For Securities:BDX

Summary

Becton Dickinson & Co. (BDX) filed its 10-Q for the period ending June 29, 2010, highlighting a period of mixed financial performance and ongoing strategic positioning. The company's management discussed its results of operations, financial condition, and potential market risks. Investors should pay close attention to the details within the Condensed Consolidated Statements of Income and Cash Flows to understand the company's revenue generation, cost management, and cash utilization during the quarter. The filing also provides insights into legal proceedings and risk factors that could impact future performance.

Financial Statements
Beta
Revenue$1.83B
Cost of Revenue$883.43M
Gross Profit$947.48M
SG&A Expenses$416.47M
Operating Expenses$1.41B
Operating Income$422.96M
Interest Expense$13.09M
Net Income$306.91M
EPS (Basic)$1.32
EPS (Diluted)$1.29
Shares Outstanding (Basic)233.24M
Shares Outstanding (Diluted)238.32M

Key Highlights

  • 1The filing provides unaudited condensed consolidated financial statements for the period ending June 29, 2010.
  • 2Management's Discussion and Analysis (MD&A) offers detailed commentary on the company's financial condition and results of operations.
  • 3Disclosures regarding market risk provide investors with information on how BDX manages exposure to currency fluctuations, interest rate changes, and other market sensitivities.
  • 4The report includes information on legal proceedings, which could represent potential liabilities or contingencies for the company.
  • 5Risk factors section outlines potential challenges and uncertainties that could affect BDX's future business and financial performance.
  • 6The filing confirms the period ending date as June 29, 2010, and the filing date as August 3, 2010.

Frequently Asked Questions

The filing includes Condensed Consolidated Statements of Income, which detail revenue, cost of goods sold, operating expenses, and net income. Investors should review these statements for a clear picture of the company's profitability and operational efficiency during the period ending June 29, 2010. Specific year-over-year comparisons are typically found within the MD&A section.

The 'Risk Factors' section (Item 1A) is crucial for understanding potential challenges. This typically includes risks related to economic conditions, competitive pressures, regulatory changes, product innovation, supply chain disruptions, and international operations. Investors should carefully read this section to assess the potential impact of these risks on the company's future performance.

The Condensed Consolidated Statements of Cash Flows will provide details on the company's cash generated from operating, investing, and financing activities. The MD&A section will likely offer further qualitative discussion on the company's liquidity, capital resources, and any significant capital expenditures or debt management activities undertaken during the quarter.

Item 1, 'Legal Proceedings,' details any material pending litigation or regulatory actions. While the filing itself may not provide exhaustive details, it will indicate the nature and potential impact of any significant legal matters that could affect the company's financial position or operations.