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This excerpt taken from the CVS 10-K filed Feb 27, 2007. Interest expense, net
~ Interest expense was $231.7 million, $117.0 million and $64.0 million, and
interest income was $15.9 million, $6.5 million and $5.7 million in 2006, 2005
and 2004, respectively. Capitalized interest totaled $20.7 million in 2006,
$12.7 million in 2005 and $10.4 million in 2004.
This excerpt taken from the CVS 10-Q filed May 9, 2005. Interest
expense, net for the first quarter of 2005 was $28.0 million, compared to $7.8
million in the first quarter of 2004. Interest expense totaled $29.6 million in
the first quarter of 2005, compared to $9.8 million in the first quarter of
2004. Interest income was $1.6 million in the first quarter of 2005, compared
to $2.0 million in the first quarter of 2004. The increase in interest expense
in 2005 was driven by the increase in debt used to fund the acquisition of the
Acquired Businesses, during the third quarter of 2004.
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