ABT » Topics » Interest Expense

These excerpts taken from the ABT 10-K filed Feb 19, 2008.

Interest Expense

        Interest expense increased in 2007 and 2006 due primarily to higher borrowings as a result of the acquisitions of Guidant's vascular intervention and endovascular solutions businesses and Kos Pharmaceuticals Inc. and Abbott's investment in the Boston Scientific common stock and note receivable.

Interest Expense



        Interest expense increased in 2007 and 2006 due primarily to higher borrowings as a result of the acquisitions of Guidant's vascular intervention and endovascular
solutions businesses and Kos Pharmaceuticals Inc. and Abbott's investment in the Boston Scientific common stock and note receivable.




This excerpt taken from the ABT 10-Q filed May 6, 2005.

Interest Expense

Net interest expense increased in the first quarter of 2005 due to a higher level of debt and higher interest rates, partially offset by higher interest income.

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