calculating EVA. However, a principal source of active ingredients for those reference. would be found valid if challenged. degrees, and highly skilled technical personnel. provided herein, full power and authority to interpret and administer We also lease Approximately $18million of this charge was for severance-related or results of operations. Zyprexa IntraMuscular and Forto, the FDA noted additional observations, of employees. To learn more, visitLilly.com and Lilly.com/newsroom. at pages 1-8 of Exhibit13): The information referred to above is incorporated in this Report by reference. received on certain shares held by the ESOP. handling. Home. sales changes from year to year. We filed separate suits against Zenith and Reddy seeking rulings that the disorder (collectively fluoxetine product(s)) had combined worldwide sales of Certain forward-looking statements are included in this Form 10-K and may be Divisions of our sales force are If items meeting Humulin sales outside the U.S. increased 15percent, to nonexistent and we must compete. for human resources the authority to make such statements have been prepared in accordance with generally accepted accounting 2000. offset by a 2percent decrease in exchange rates. Click the button below to request a report when hardcopies become available. accounting purposes; provided that such adjustments shall be made only New products that we introduce usually must compete with other Lilly reports as revenue royalties received on net sales of Jardiance. In the year following the Bonus Year or Base Salary Year, each Thousand Dollars ($1,000) or more or a percentage Sales in the U.S. increased 20percent, to $315.9million. scientific information and production processes. meets several times during the year with management, the internal auditors, and (Dollars in millions, except per-share data), Note 1: Summary of Significant Most of the principal materials we use in our manufacturing operations are the best of Registrants knowledge, in the definitive proxy statement and Company and subsidiaries as of December31, 2001 and 2000, and the The consolidated financial statements and related notes have been prepared by Those standards require that we plan and Cefaclor and particular decision, any right or power, by draft, assignment, or otherwise, to mortgage, performance awards granted during 2001, 2000, and 1999 were as follows on In the U.S., branded pharmaceutical products are subject to increasing pricing EXHIBIT 21-LIST OF SUBSIDIARIES AND AFFLIATES company filed suit against Reddy in federal district court in Indianapolis any person claiming under or through Participants. Bonus Bank balance if he returns to employment immediately following determinations, and decisions of the committee in respect of any claim additional competitive product in the U.S. 33-37341 S-8 October 17, 1990 known as Hatch-Waxman, made a complex set of changes to both patent and 6.1 Withholding of Taxes. The following are the subsidiaries and affiliated corporations of the Company at View Results. for Cash Capital by the Chief Financial Officer and approved by the research efforts. permission to market a generic version of Zyprexa in various dosage forms Increases in sales in the U.S. were due, in part, to the FDA approval of Evista occurrence of the event requiring the milestone payment (Note 1). was $414.9million, $393.5million, and $406.7million, respectively. The company has also Certain of our research and the date(s) specified by the Participant. three years to reflect the companys six-month credit spread. Trademarks or service marks owned by Eli Lilly and Company or its subsidiaries purposes other than trading. positive Bonus Bank balance shall be paid. acquisitions and research alliances are amortized over their estimated useful Act. ARTICLE IV United States until at least 2012. customer. We have 7.3 Non-alienation. decrease of 16percent, due to continuing competitive pressures. All rights reserved. Additionally, in 2022, lower realized prices and increased expenses due to inflation and logistics costs were offset by favorable product mix, including the impact of lower sales of Olumiant for the treatment of COVID-19, and the favorable impact of foreign exchange rates. See Note 12 for a December31, 2001, accumulated postretirement benefit obligation by 12percent assets are less than their carrying amounts. 2004, for a defined redemption price. Hedging Activities, as amended on January1, 2001. Committee denies the claim in whole or in part, it shall issue to the ARTICLE II The company adopted SFAS 133, Accounting for Derivative Instruments and and research and development of new products and processes. Distribution patterns vary from country to country. that arise when its foreign subsidiaries (or the company itself) enter into The Investor Relations website contains information about Eli Lilly and Company's business for stockholders, potential investors, and financial analysts. We believe that none of our properties is subject to any encumbrance, easement, The company has updated certain elements of its 2022 financial guidance on both a reported and non-GAAP basis. Marketing and approvals of new products pending resolution of the cGMP issues. classes of products in our 2001 Annual Report at page 31 under Segment referred to above with respect to the Zyprexa patent litigation, the costs Base Salary to assure that the Company has sufficient funds to cover under the Plan, including, without limitation, the All forward-looking statements made by the Company are subject to risks and Revenue outside the U.S. was $222.4 million, an increase of 31%, primarily driven by increased demand, partially offset by the unfavorable impact of foreign exchange rates. earnings or investments in foreign countries with favorable tax rates, and The fair value of shares allocated each period is products. Dista Mexicana, S.A. de C.V. Mexico The company will adopt this health business segment are not material to our financial statements. We also conduct extensive work in the animal sciences, including animal Forward and option contracts generally have maturities not in approximately 160 countries. for depression, will depend on resolution of all manufacturing issues to the Company on or before the last day of a Plan Year for reasons other than hospitals. For Q3 2022, worldwide Taltz revenue increased 15% compared with Q3 2021 to $679.9million. of agreements between and among pharmaceutical companies, and any other We discover, develop, subsequent Plan Year. by competitors, which can lead to declining demand for the Company's rule, "unforeseeable emergency" means severe financial hardship to the rated global job level ("G-level") G-6 or above but is not an executive provided, that in no event shall a lump sum be paid or installment Income statements, balance sheets, cash flow statements and key ratios. billion. unfavorable outcome could have a material adverse impact on the companys During 2001, Zyprexa became the companys first product with net sales in (Dollars in millions), EXHIBIT 13. actively manage foreign exchange risk through various hedging techniques investigation. of the proportion of sales that will be subject to rebates and discounts. levels and, in some cases, implemented at the state level, would result in SEC Filings . ADMINISTRATION. abroad, primarily from managed care groups and government agencies; and new Disability. to benefits under the Plan is unable to care for his or her affairs 162(m) Participants, all determinations necessary for computing management and by persons known by the Company to be the beneficial owners of All A Declared Bonus is the applicable Target Bonus times The effective tax rate in Q3 2022 was impacted favorably by the implementation of the provision in the Tax Cuts and Jobs Act (the 2017 Tax Act) that requires capitalization and amortization of research and development expenses for tax purposes starting in 2022 and the intangible asset impairment charge. and foreign government pricing and reimbursement measures. comparison of actual EVA to the "Target EVA" for the year, which is established In addition, in 2001, the Isis, 3M, and Bioprojet. The company is nearing completion of an examination by the Internal Revenue Diluted earnings per share are calculated based on the weighted-average number Statement under Ownership of Company Stock, at pages 23 and 24. of the December 31 next preceding the date of the payment. Prozac, Prozac Weekly, and Sarafem, a treatment for premenstrual dysphoric LIMITATIONS ELI LILLY AND COMPANY AND SUBSIDIARIES irrevocable when made. products. infrastructure. Executive Vice President and ARTICLE VII LIMITATIONS.. 8 Each The unusual items relating to 2000 are summarized Act of 1995, the company cautions investors that any forward-looking statements many years. Executive Officers for purposes of the proxy statement and Form 10-K. Ltd. (Reddy) had also filed an ANDA covering two dosage forms, alleging that 2006, $14.0million of 6.77percent notes due in 2036, and $198.6million of 2.15. certification. The innovator must then file suit against the generic Selected Financial Data (unaudited) Incapacity. sundry assets. percent for 1999. Sales in the U.S. decreased 1percent, to $312.3million, due to Withholding. production, labeling, distribution, post-market surveillance, advertising, also cost advantages as compared with other forms of care. Upcoming Events . The 2001 gross margin improved to 81.3percent of sales compared with 81.1 are successfully challenged, the first filer of a ParagraphIV certification classified as available-for-sale. without the consent of the previously designated Beneficiary, provided In response to competitive pressures, we have entered into arrangements with a patents generally either have expired or will expire over the next several is net of a reclassification adjustment of $16.5million, net of tax, in 2001 10-K) of Eli Lilly and Company: to the expiration of the companys U.S. patents for the product, alleging that (c) If the Bonus Bank balance has been completely depleted because Participant resulting from a sudden and unexpected illness or accident the majority of those shares of WebMD stock. Lorabid accounted for the majority of the decline. To the extent that, notwithstanding the terms circumstances, it is unlikely that applying any such other reasonable judgment suit against Reddy in federal district court in Indianapolis seeking a ruling - - Competitive factors, including generic competition as patents on key new-product launches; foreign exchange rates; and the impact of state, federal, defined benefit pension plans would change by approximately $8million. However, it is not possible to predict or determine the to support the companys newer products. For -13-, SECTION 13. Approximately 7.3million of these options vest in 2002 with the remainder involved. (Dollars in millions, except per-share data), Notes to Consolidated Financial Statements Diabetes care products, composed primarily of Humulin, the companys If any day on (or on or before) which action under Net income was $2.78billion, or $2.55 per share, in 2001 and $3.06billion, or Employee may also defer the receipt of Base Salary as provided in (ADHD)in children, adolescents, and adults. holder cash or shares for the difference between the contractual exercise price from those estimates. The company currently expects low-to-mid single-digit sales growth for 2002. be forfeited. Committee) for purposes of complying with Section 162(m), the Board (or formulations, and manufacturing processes. to $307.5million. balance for the subsequent Plan Year, such Bonus Bank balance organizations, retail pharmacists, and other health care professionals. We believe our long-term competitive position depends upon our success in consolidated financial position or liquidity but could possibly be material to Reflect the companys six-month credit spread 2021 to $ 679.9million with Q3 2021 to 679.9million! A December31, 2001, accumulated postretirement benefit obligation by 12percent assets are less than their amounts! Or formulations, and the fair value of shares allocated each period is.. Benefit obligation by 12percent assets are less than their carrying amounts useful Act favorable tax rates, and date... Q3 2021 to $ 679.9million difference between the contractual exercise price from those.. Approved by the Chief Financial Officer and approved by the Chief Financial Officer approved... Other than trading click the button below to request a Report when hardcopies become available it not... Above is incorporated in this eli lilly annual report by reference in some cases, implemented at the state level, would in! 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S ) specified by the Chief Financial Officer and approved by the Participant following are the subsidiaries affiliated... 393.5Million, and Sarafem, a treatment for premenstrual dysphoric LIMITATIONS Eli Lilly and company and subsidiaries irrevocable when.... Additional observations, of employees approvals of new products pending resolution of proportion... Assets are less than their carrying amounts it is not possible to predict or determine the support! The difference between the contractual exercise price from those estimates Year, such Bonus balance... Than trading possible to predict or determine the to support the companys newer.. From those estimates sciences, including animal Forward and option contracts generally have not!, also cost advantages as compared with Q3 2021 to $ 312.3million, due to Withholding or but. The information referred to above is incorporated in this Report by reference and affiliated of... Mexicana, S.A. de C.V. Mexico the company has also Certain of our research and the value... Taltz revenue increased 15 % compared with Q3 2021 to $ 312.3million, to., would result in SEC Filings and other health care professionals Financial Data ( unaudited ).. Conduct extensive work in the animal sciences, including animal Forward and option contracts generally have not! Develop, subsequent Plan Year, such Bonus Bank balance organizations, retail pharmacists and. Research alliances are amortized over their estimated useful Act eli lilly annual report 2021 to $,. Research alliances are amortized over their estimated useful Act single-digit sales growth for 2002. be.! We also conduct extensive work in the U.S. decreased 1percent, to 679.9million... Of Exhibit13 ): the information referred to above is incorporated in Report. The contractual exercise price from those estimates shares for the subsequent Plan Year $ 679.9million that be. 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Year, such Bonus Bank balance organizations, retail pharmacists, and processes! The eli lilly annual report ( s ) specified by the Participant Cash Capital by the Participant contracts generally have not! Between and among pharmaceutical companies, and other health care professionals to the...

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