Exhibit 99.1



PFIZER INC. AND SUBSIDIARY COMPANIES
CONSOLIDATED STATEMENT OF OPERATIONS
(UNAUDITED)

|                                                                   | First Quarter 
|------------------------------------------------------------------ | --------------
|(millions, except per share data)                                  | 2000          
|                                                                   |               
|Revenues                                                           | $7,222        
|                                                                   |               
|Costs and expenses:                                                |               
|Cost of sales                                                      | 1,207         
|Selling, informational and administrative expenses                 | 2,794         
|Research and development expenses                                  | 1,061         
|Merger-related costs                                               | 1,838         
|Other (income)/deductions--net                                     | (88)          
|                                                                   |               
|Income before provision for taxes on income and minority interests | 410           
|Provision for taxes on income                                      | 613           
|Minority interests                                                 | 1             
|Net income/(loss)                                                  | $ (204)
======
|                                                                   |               
|Income/(loss) per common share--basic                              | $ (.03)
======
|Income/(loss) per common share--diluted                            | $ (.03)
======
|                                                                   |               
|Weighted average shares--basic                                     | 6,152 
====== 
|Weighted average shares-diluted (see note 4)                       | 6,152 
====== 
|                                                                   |               
|Cash dividends per common share                                    | $  .09 
======





|(millions, except per share data)                                                                                                                       | First Quarter*
|------------------------------------------------------------------------------------------------------------------------------------------------------- | --------------
|                                                                                                                                                        | 2000          
|Income before provision for taxes on income and minority interests                                                                                      | $2,177        
|                                                                                                                                                        |               
|Net income                                                                                                                                              | $1,584        
|                                                                                                                                                        |               
|Earnings per common share--diluted                                                                                                                      | $  .25        
|                                                                                                                                                        |               
|Weighted average shares-diluted                                                                                                                         | 6,322         
|                                                                                                                                                        |               
|                                                                                                                                                        |               
|                                                                                                                                                       
|The results above exclude the following First Quarter 2000 items:                                                                                      
|                                                                                                                                                        |               
|Significant items, pre-tax:                                                                                                                             |               
|Gain on sale of research-related equity investments (2)                                                                                                 | $ (135)       
|Gain on sale of Omnicef brand (2)                                                                                                                       | (39)          
|Costs associated with the withdrawal of Rezulin (2)                                                                                                     | 103           
|Total significant items                                                                                                                                 | (71)          
|                                                                                                                                                        |               
|Merger-related costs, pre-tax:                                                                                                                          |               
|Merger termination fee paid by Warner-Lambert  to American Home Products Corporation (AHP)  and other expenses related to the proposed  merger with AHP | 1,838         
|                                                                                                                                                        |               
|Total significant items and merger-related costs, pre-tax                                                                                               | 1,767         
|Income taxes                                                                                                                                            | 21            
|Total significant items and merger-related costs, after-tax                                                                                             | $1,788 
======
|                                                                                                                                                        |               

*   certain amounts may reflect rounding adjustments

(1) there were no significant items in the First Quarter 1999

(2) included in "Other (income)/deductions--net" for the First Quarter 2000