Annual Meeting
1:00 p.m.
Tuesday, January 30, 2007
Hilton Short Hills
41 John F. Kennedy Parkway
Short Hills, NJ 07078

This annual report is not a solicitation of proxies.

Direct Stock Purchase Plan
The Direct Stock Purchase Plan established through Computershare Trust Company, N.A., enhances the services provided to existing shareholders and facilitates initial investments in BD shares. Plan documentation and additional information may be obtained by calling Computershare Trust Company, N.A., at 1-866-238-5345, or by accessing the “Buy Shares” feature located within the Investor Centre of Computershare’s website at www.computershare.com.

NYSE Symbol
BDX

On March 1, 2006, Edward J. Ludwig, Chairman, President and Chief Executive Officer, submitted to the NYSE the Written Affirmation required by the rules of the NYSE certifying that he was not aware of any violations by BD of NYSE Corporate Governance listing standards.

The certifications of Mr. Ludwig and John R. Considine, Senior Executive Vice President and Chief Financial Officer, made pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 regarding the quality of BD’s public disclosure, have been filed as exhibits to the Company’s 2006 Annual Report on Form 10-K.

Transfer Agent and Registrar
Computershare Trust Company, N.A.
250 Royall Street
Canton, MA 02021
Phone: 1-877-498-8861
International: 781-575-2726
Internet: www.computershare.com/equiserve

Common Stock Prices and Dividends (per common share)
By Quarter	2006
	High			Low			Dividends
First	$	60.72		$	50.07		$	0.215
Second		65.76			58.97			0.215
Third		65.28			58.31			0.215
Fourth		70.67			58.84			0.215
By Quarter	2005
	High			Low			Dividends
First	$	57.83		$	49.52		$	0.180
Second		59.98			53.90			0.180
Third		59.65			51.27			0.180
Fourth		55.65			51.30			0.180

Shareholder Information

At November 15, 2006, there were approximately 9,102 shareholders of record. BD’s Statement of Corporate Governance Principles, BD’s Business Conduct and Compliance Guide, the charters of BD’s Committees of the Board of Directors, BD’s reports and statements filed with or furnished to the Securities and Exchange Commission and other information, are posted on BD’s website at www.bd.com/investors/. Shareholders may receive, without charge, printed copies of these documents, including BD’s 2006 Annual Report on Form 10-K, by contacting:

Investor Relations
BD
1 Becton Drive
Franklin Lakes, NJ 07417-1880
Phone: 1-800-284-6845
Internet: www.bd.com

Independent Auditors

Ernst & Young LLP
5 Times Square
New York, NY 10036-6530
Phone: 212-773-3000
Internet: www.ey.com

The trademarks and service marks indicated by italics are the property of Becton, Dickinson and Company, its subsidiaries or related companies. Certain BD Biosciences products are intended for research use only, and not for use in diagnostic or therapeutic procedures. ©2006 BD

SpongeBob, SpongeBob SquarePants and all related titles, logos and characters are trademarks of Viacom International Inc.

Interlink is a registered trademark of Baxter International Inc.

Reconciliations to adjusted amounts (in millions) 2006 2005 Revenues  $ 5,835     $ 5,415    BGM exit costs   5      —    Revenues-adjusted  $ 5,840     $ 5,415    Gross profit  $ 2,948     $ 2,753    BGM exit costs 51   —   Gross profit-adjusted $ 2,999   $ 2,753     as a % of adjusted revenues 51.4 % 50.8 % Research and development (R&D) expense $ 360 $ 272 Acquired in-process R&D-GeneOhm (53 ) — R&D expense-adjusted $ 307 $ 272   % change from 2005 13 % Operating income $ 1,050 $ 1,031 Insurance settlement (17 ) — Acquired in-process R&D-GeneOhm 53 — BGM exit costs 63 — Operating income-adjusted $ 1,150 $ 1,031   % change from 2005 12 %    as a % of adjusted revenues 19.7 % 19.0 % Amounts may not add due to rounding.