December 21, 2010

COVIDIEN PLC: Records $79Mil Retirement Obligations at Sept. 24

COMPANIES: Covidien PLC

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Covidien Public Limited Company’s asset retirement obligations were US$79 million as of Sept. 24, 2010 and US$109 million as of Sept. 25, 2009.

The Company has recorded AROs for the estimated future costs primarily associated with legal obligations to decommission two…

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TOPICS: Drugs/Pharmaceuticals | Earnings | Health Care | Legal Issues, Litigation | Loans & Financing | Medical Supplies | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US

LOCATIONS: Ireland