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Corporate News & Information
1998 Annual Report
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Selected Financial Data
Five Years Ended July 25, 1998 (in thousands, except per-share amounts)

* Reflects the three-for-two stock split effective September 1998.

(1) Net income and net income per share include purchased research and development expenses of $594 million and realized gains on the sale of a minority stock investment of $5 million. Pro forma net income and diluted net income per share, excluding these nonrecurring items net of tax, would have been $1,878,988 and $1.17, respectively.

(2) Net income and net income per share include purchased research and development expenses of $508 million and realized gains on the sale of a minority stock investment of $153 million. Pro forma net income and diluted net income per share, excluding these nonrecurring items net of tax, would have been $1,413,893 and $0.91, respectively.

(3) Net income and net income per share include purchased research and development expenses of $96 million. Pro forma net income and diluted net income per share, excluding these nonrecurring items net of tax, would have been $515,723 and $0.36, respectively.

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