Teva Pharmaceutical Industries Ltd.

Foreign Filer Report • Apr 27, 2018

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TEVA PHARMACEUTICAL	Donnelley Financial	VDI-W7-PFL-0893 ADG holls0cm 12.6.29	26-Apr-2018 18:23 EST	578315 TX 1	3*
FORM 8-K	START PAGE	NYM		HTM ESS	0C

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) April 27, 2018

TEVA PHARMACEUTICAL INDUSTRIES LIMITED

(Exact name of registrant as specified in its charter)

(State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.)

Israel 001-16174 Not Applicable

5 Basel Street P.O. Box 3190

Petach Tikva 4951033, Israel (Address of Principal Executive Offices, including Zip Code)

+972-3-914-8171

(Registrant's Telephone Number, including Area Code)

Not Applicable (Former Name or Former Address, if Changed Since Last Report)

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 (see General Instruction A.2. below):

☐ 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))

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. ☐

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TEVA PHARMACEUTICAL	Donnelley Financial	NC8600AC570634 ADG foxly0cm 12.6.29	26-Apr-2018 16:14 EST	578315 TX 2 3*
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Item 7.01. Regulation FD Disclosure

Due to the organizational changes announced in November 2017, effective for the quarter ended March 31, 2018, Teva Pharmaceutical Industries Limited's ("Teva") financial results are being reported under new segments. Teva's new reportable segments are:

• a) North America segment, which includes the United States and Canada.
• b) Europe segment, which includes the European Union and certain other European countries.
• c) Growth Markets segment, which includes all countries other than those in our North American and European segments.

In addition to these three segments, Teva has other activities, primarily its active pharmaceutical ingredient manufacturing business and certain contract manufacturing services.

Segment profit is comprised of gross profit for the segment, less Research and Development, Selling and Marketing and General and Administrative expenses and other income related to each segment. Segment profit does not include amortization and certain other items.

In addition to the new segment reporting, certain comparative figures in 2017 have been reclassified to conform to the current first quarter 2018 presentation.

As a convenience to investors who may want to consider the effects of the above in advance of first quarter earnings, Teva is making available the recasting of summary historical results for the years ended December 31, 2017 and 2016 and for each quarter of 2017 on a segment basis and on a consolidated basis, which are provided as Exhibits 99.1 and 99.2 hereto, respectively. Beginning with the quarter ended March 31, 2018, Teva's financial statements will reflect the new reporting structure with prior periods adjusted accordingly.

The information included in this Item 7.01 is being furnished to the Securities and Exchange Commission and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

Exhibit No.	Description of Document
99.1	Selected financial data by segment (unaudited)
99.2	Reclassified selected financial data (unaudited)

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TEVA PHARMACEUTICAL	Donnelley Financial	VDI-W7-PFL-0893 ADG holls0cm 12.6.29	26-Apr-2018 18:24 EST	578315 TX 3 3*

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SIGNATURES

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

TEVA PHARMACEUTICAL INDUSTRIES LIMITED

FORM 8-K

Date: April 27, 2018 By: /s/ Michael McClellan

Name: Michael McClellan Title: Executive Vice President and Chief Financial Officer

TEVA PHARMACEUTICAL	Donnelley Financial	VDI-W7-PR3-0868 ADG foxly0cm 12.6.29	26-Apr-2018 15:23 EST	578315 EX99_1 1	3*
FORM 8-K	START PAGE	NYM		HTM ESS	0C

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Exhibit 99.1

Selected financial data by segment (unaudited)

	North America Segment
	Year ended
	December 31, 2017	December 31,			Three months ended September 30, June 30,		March 31,
		2016				2017
				(Unaudited, U.S.\$ in millions)
Revenues	\$12,141	\$11,778	\$	2,689	\$	3,043	\$3,169	\$	3,240
Gross profit	7,509	8,567		1,538		1,833	2,058		2,080
R&D expenses	969	1,040		192		230	280		267
S&M expenses	1,475	1,525		317		325	392		441
G&A expenses	533	496		101		149	144		139
Other income	(92)	(30)		(10)		(1)	(8)		(73)
Segment profit*	\$ 4,624	\$ 5,536	\$	938	\$	1,130	\$1,250	\$	1,306

	Europe Segment
	Year ended
	December 31,	Three months ended
	2017	2016		December 31,		September 30,	June 30,		March 31,
						2017
				(Unaudited, U.S.\$ in millions)
Revenues	\$5,466	\$4,969	\$	1,450	\$	1,380	\$1,295	\$	1,341
Gross profit	2,910	2,722		763		721	692		734
R&D expenses	390	383		78		101	105		106
S&M expenses	1,153	1,304		289		289	296		279
G&A expenses	354	377		96		90	89		79
Other income	(16)	(9)		(1)		—	(17)		2
Segment profit*	\$1,029	\$ 667	\$	301	\$	241	\$ 219	\$	268

		Growth Markets Segment
		Year ended December 31,			Three months ended
	2017	2016	December 31,		September 30, 2017		June 30,		March 31,
				(Unaudited, U.S.\$ in millions)
Revenues	\$3,395	\$4,015	\$	910	\$	882	\$	885	\$	718
Gross profit	1,433	1,816		390		351		400		292
R&D expenses	154	205		25		35		47		47
S&M expenses	672	759		169		158		187		158
G&A expenses	189	225		45		51		45		48
Other income	(8)	(10)		(4)		(3)		—		(1)
Segment profit*	\$ 426	\$ 637	\$	155	\$	110	\$	121	\$	40

* Segment profit is comprised of gross profit for the segment, less research and development, selling and marketing and general and administrative expenses and other income related to each segment. Segment profit does not include amortization and certain other items.

TEVA PHARMACEUTICAL	Donnelley Financial	VDI-W7-PR3-1242 ADG whitd0cm 12.6.29	27-Apr-2018 04:34 EST	578315 EX99_2 1	5*
FORM 8-K	START PAGE	NYM		HTM ESS	0C

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Exhibit 99.2

Reclassified selected financial data (unaudited)

	Year ended
	December 31,		Three months ended
	2017	2016	December 31,	September 30, 2017	June 30,	March 31,
			(Unaudited, U.S.\$ in millions)
Revenues	\$ 22,385	\$21,903	\$ 5,398	\$ 5,617	\$ 5,720	\$ 5,650
Gross profit	10,825	11,859	2,481	2,650	2,855	2,839
Research and development expenses	1,778	2,077	346	531	469	432
Selling and marketing expenses	3,605	3,789	860	843	944	958
General and administrative expenses	1,451	1,390	350	372	363	366
Other asset impairments, restructuring and other items	5,074	1,419	3,865	550	419	240
Legal settlements and loss contingencies	500	899	176	(20)	324	20
Other income	(1,199)	(769)	(1,099)	(4)	(24)	(72)
Goodwill impairment charge	17,100	900	11,000	—	6,100	—
Operating Income (loss)	\$(17,484)	\$ 2,154	\$ (13,017)	\$ 378	\$(5,740)	\$ 895