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Joint Ventures and Other Equity Method Affiliates (Tables)
9 Months Ended
Sep. 30, 2012
Equity Income from Affiliates

Equity income from affiliates reflects the performance of the Company’s joint ventures and other equity method affiliates and was comprised of the following:

 

         Three Months Ended    
September 30,
         Nine Months Ended    
September 30,
 
($ in millions)         2012               2011                2012               2011       

 

 

AstraZeneca LP

     $ 134           $ 141             $ 387           $ 318      

Other (1)

     24             20            23             36      

 

 
     $          158           $            161             $          410           $            354      

 

 

 

(1) 

Includes results from Sanofi Pasteur MSD.

Summarized Financial Information for Azlp

Summarized financial information for AZLP is as follows:

 

     Three Months Ended
September 30,
     Nine Months Ended
September 30,
 
($ in millions)       2012      2011           2012      2011    

 

 

Sales

   $         1,232          $         1,124          $         3,424          $         3,460      

Materials and production costs

     561            464            1,520            1,524      

Other expense, net

     204            357            936            1,004      

 

 

Income before taxes (1)

   $ 467          $ 303          $ 968          $ 932      

 

 

 

(1) 

Merck’s partnership returns from AZLP are generally contractually determined and are not based on a percentage of income from AZLP, other than with respect to Merck’s 1% limited partnership interest.