ABT Abbott Laboratories

Filed: 22 Jul 21, 7:22am
0000001800 us-gaap:CommonStockMember exch:XCHI 2021-07-22 2021-07-22
Common Shares, Without Par Value ABT 






Washington, D. C. 20549







Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934


July 22, 2021

Date of Report (Date of earliest event reported)



(Exact name of registrant as specified in charter)





Illinois 1-2189 36-0698440
(State or other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation)   Identification No.)




100 Abbott Park Road

Abbott Park, Illinois 60064-6400

(Address of principal executive offices)(Zip Code)


Registrant’s telephone number, including area code:  (224) 667-6100


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


¨                 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨                 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨                 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨                 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Securities Registered Pursuant to Section 12(b) of the Act:


Title of Each Class Trading Symbol(s) Name of Each Exchange
on Which Registered
Common Shares, Without Par Value ABT New York Stock Exchange
Chicago Stock Exchange, Inc.


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).


Emerging growth company  ¨


If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨








Item 2.02Results of Operations and Financial Condition


On July 22, 2021, Abbott Laboratories announced its results of operations for the second quarter 2021.


Furnished as Exhibit 99.1, and incorporated herein by reference, is the news release issued by Abbott announcing those results.  In that news release, Abbott uses various non-GAAP financial measures including, among others, net earnings from continuing operations excluding specified items.  These non-GAAP financial measures adjust for factors that are unusual or unpredictable, such as expenses primarily associated with acquisitions, restructuring actions, cost reduction initiatives, certain litigation, the acquisition of an R&D asset, the impairment of certain assets, the gain on the disposition of an equity method investment, tax benefits associated with specified items, and excess tax benefits associated with share-based compensation. These non-GAAP financial measures also exclude intangible amortization expense to provide greater visibility on the results of operations excluding these costs, similar to how Abbott’s management internally assesses performance.  Abbott’s management believes the presentation of these non-GAAP financial measures provides useful information to investors regarding Abbott’s results of operations as these non-GAAP financial measures allow investors to better evaluate ongoing business performance.  Abbott’s management also uses these non-GAAP financial measures internally to monitor performance of the businesses.  Abbott, however, cautions investors to consider these non-GAAP financial measures in addition to, and not as a substitute for, financial measures prepared in accordance with GAAP.


Item 9.01Financial Statements and Exhibits


Exhibit No. Exhibit
99.1 Press Release dated July 22, 2021 (furnished pursuant to Item 2.02).


104 Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document).






Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


Date: July 22, 2021By:/s/ Robert E. Funck, Jr.
  Robert E. Funck, Jr.
  Executive Vice President, Finance
and Chief Financial Officer