Annual Financials for Johnson & Johnson

Fiscal year is January-December. All values USD millions.

2009

2010

2011

2012

2013

Sales/Revenue

61.94B

61.64B

65.04B

67.28B

71.26B

Cost of Goods Sold (COGS) incl. D&A

18.52B

18.49B

20.21B

21.56B

21.73B

15.74B

15.55B

17.05B

17.89B

17.62B

2.77B

2.94B

3.16B

3.67B

4.1B

2.1B

2.19B

2.31B

2.52B

2.74B

675M

748M

852M

1.15B

1.36B

43.43B

43.15B

44.83B

45.72B

49.54B

COGS excluding D&A

Depreciation & Amortization Expense
Depreciation
Amortization of Intangibles
Gross Income

2009
SG&A Expense
Research & Development
Other SG&A
Other Operating Expense
Unusual Expense
EBIT after Unusual Expense
Non Operating Income/Expense

2010

2011

2012

2013

26.8B

26.33B

28.5B

29.72B

30.03B

7B

6.9B

7.53B

8.85B

8.2B

19.8B

19.42B

20.97B

20.87B

21.83B

1.03B

289M

801M

124M

1.23B

(1.03B)

(289M)

(801M)

(124M)

(1.23B)

520M

762M

(2.74B)

(1.66B)

(2.41B)

2009
Non-Operating Interest Income

2010

2011

2012

2013

90M

107M

91M

64M

74M

451M

455M

526M

516M

472M

Gross Interest Expense

552M

528M

610M

631M

577M

Interest Capitalized

101M

73M

84M

115M

105M

15.76B

16.95B

12.36B

13.78B

15.47B

3.49B

3.61B

2.69B

3.26B

1.64B

Income Tax - Current Domestic

2.41B

2.06B

2.39B

2.02B

594M

Income Tax - Current Foreign

1.52B

1.19B

1.13B

1.28B

1.65B

Income Tax - Deferred Domestic

187M

(4M)

(690M)

(120M)

(251M)

(623M)

360M

(146M)

81M

(356M)

Equity in Affiliates

Other After Tax Income (Expense)

Consolidated Net Income

12.27B

13.33B

9.67B

10.51B

13.83B

Minority Interest Expense

(339M)

12.27B

13.33B

9.67B

10.85B

13.83B

Equity in Affiliates (Pretax)

Interest Expense

Pretax Income
Income Tax

Income Tax - Deferred Foreign

Income Tax Credits

Net Income
Extraordinaries & Discontinued Operations

2009
Extra Items & Gain/Loss Sale Of Assets

2010

2011

2012

2013

12.27B

13.33B

9.67B

10.85B

13.83B

12.27B

13.33B

9.67B

10.85B

13.83B

4.45

4.85

3.54

3.94

4.92

2.76B

2.75B

2.74B

2.75B

2.81B

4.40

4.78

3.49

3.86

4.81

Diluted Shares Outstanding

2.79B

2.79B

2.78B

2.81B

2.88B

EBITDA

19.4B

19.76B

19.5B

19.67B

23.61B

Cumulative Effect - Accounting Chg

Discontinued Operations
Net Income After Extraordinaries
Preferred Dividends
Net Income Available to Common
EPS (Basic)
Basic Shares Outstanding
EPS (Diluted)

Annual Financials for Johnson & Johnson

Balance sheet
Assets
Fiscal year is January-December. All values USD millions.
Cash & Short Term Investments

2009

2010

2011

2012

2013

19.43B

27.66B

32.26B

21.09B

29.21B

2.52B

2.29B

2.71B

3.03B

2.79B

16.91B

25.37B

29.55B

18.06B

26.42B

9.65B

9.77B

10.58B

11.31B

11.71B

9.65B

9.77B

10.58B

11.31B

11.71B

Accounts Receivables, Gross

9.98B

10.11B

10.94B

11.78B

12.05B

Bad Debt/Doubtful Accounts

(333M)

(340M)

(361M)

(466M)

(333M)

5.18B

5.38B

6.29B

7.5B

7.88B

2.64B

2.85B

3.44B

3.82B

4.04B

1.4B

1.46B

1.64B

2.26B

2.61B

1.14B

1.07B

1.21B

1.42B

1.22B

5.29B

4.5B

5.19B

6.22B

7.61B

Cash Only
Short-Term Investments
Total Accounts Receivable
Accounts Receivables, Net

Other Receivables
Inventories
Finished Goods
Work in Progress
Raw Materials
Progress Payments & Other
Other Current Assets

Fiscal year is January-December. All values USD millions.

Miscellaneous Current Assets
Total Current Assets

2009

2010

2012

2013

5.29B

4.5B

5.19B

6.22B

7.61B

39.54B

47.31B

54.32B

46.12B

56.41B

2009
Net Property, Plant & Equipment

2011

2010

2011

2012

2013

14.76B

14.55B

14.74B

16.1B

16.71B

29.25B

30.43B

31.83B

34.65B

37.13B

Buildings

8.86B

9.08B

9.39B

10.05B

10.42B

Land & Improvements

714M

738M

754M

793M

885M

Computer Software and Equipment

Other Property, Plant & Equipment

Accumulated Depreciation

14.49B

15.87B

17.09B

18.56B

20.42B

Total Investments and Advances

31.19B

32.01B

34.28B

51.18B

50.75B

Net Goodwill

14.86B

15.29B

16.14B

22.42B

22.8B

Net Other Intangibles

16.32B

16.72B

18.14B

28.75B

27.95B

3.69B

3.94B

3.77B

3.42B

4.95B

3.42B

3.33B

3.52B

3.22B

2.59B

94.68B

102.91B

113.64B

121.35B

132.68B

Property, Plant & Equipment - Gross

Other Long-Term Investments

Long-Term Note Receivable
Intangible Assets

Other Assets
Tangible Other Assets
Total Assets

Liabilities & Shareholders' Equity

2009
ST Debt & Current Portion LT Debt

6.32B

2010

2011

7.62B

6.66B

2012
4.68B

2013
4.85B

2009
Short Term Debt

2010

2011

2012

2013

6.28B

7.6B

6.04B

3.16B

3.08B

34M

13M

616M

1.51B

1.77B

Accounts Payable

5.54B

5.62B

5.73B

5.83B

6.27B

Income Tax Payable

442M

578M

854M

1.06B

770M

Other Current Liabilities

9.43B

9.25B

9.57B

12.69B

13.79B

Dividends Payable

Accrued Payroll

1.61B

2.64B

2.33B

2.42B

2.79B

Miscellaneous Current Liabilities

7.82B

6.61B

7.25B

10.27B

10.99B

21.73B

23.07B

22.81B

24.26B

25.68B

8.22B

9.16B

12.97B

11.49B

13.33B

8.22B

9.16B

12.97B

11.49B

13.33B

8.22B

9.16B

12.97B

11.49B

13.33B

6.77B

6.09B

8.35B

9.08B

7.78B

(4.08B)

(3.65B)

(4.74B)

(1.41B)

117M

Deferred Taxes - Credit

1.42B

1.45B

1.8B

3.14B

3.99B

Deferred Taxes - Debit

5.51B

5.1B

6.54B

4.54B

3.87B

5.95B

6.57B

10.63B

8.55B

7.85B

5.95B

6.57B

10.63B

8.55B

7.85B

44.09B

46.33B

56.56B

56.52B

58.63B

Current Portion of Long Term Debt

Total Current Liabilities

Long-Term Debt
Long-Term Debt excl. Capitalized Leases
Non-Convertible Debt
Convertible Debt
Capitalized Lease Obligations
Provision for Risks & Charges
Deferred Taxes

Other Liabilities
Other Liabilities (excl. Deferred Income)
Deferred Income
Total Liabilities
Non-Equity Reserves

2009
Preferred Stock (Carrying Value)

2010

2011

2012

2013

Redeemable Preferred Stock

Non-Redeemable Preferred Stock

50.59B

56.58B

57.08B

64.83B

74.05B

3.12B

3.12B

3.12B

3.12B

3.12B

70.31B

77.77B

81.25B

85.99B

89.49B

(363M)

(869M)

(1.69B)

(288M)

43M

(30M)

24M

448M

195M

106M

(19.78B)

(20.78B)

(21.66B)

(18.48B)

(15.7B)

50.59B

56.58B

57.08B

64.83B

74.05B

Total Equity

50.59B

56.58B

57.08B

64.83B

74.05B

Liabilities & Shareholders' Equity

94.68B

102.91B

113.64B

121.35B

132.68B

Common Equity (Total)

Common Stock Par/Carry Value
Retained Earnings
ESOP Debt Guarantee
Cumulative Translation Adjustment/Unrealized For. Exch. Gain
Unrealized Gain/Loss Marketable Securities
Revaluation Reserves
Treasury Stock
Total Shareholders' Equity
Accumulated Minority Interest

Jan 02
2011

Jan 01
2012

Dec 30
2012

Dec 29
2013

13,334.0

9,672.0

10,853.0

13,831.0

Depreciation & Amortization

2,191.0

2,306.0

2,520.0

2,741.0

Amortization Of Goodwill And Intangible Assets

748.0

852.0

1,146.0

1,363.0

2,939.0

3,158.0

3,666.0

4,104.0

(Gain) Loss On Sale Of Investment

--

--

--

-417.0

Asset Writedown & Restructuring Costs

--

160.0

2,131.0

739.0

Other Operating Activities

356.0

-836.0

-378.0

-499.0

Provision & Write-Off Of Bad Debts

12.0

32.0

92.0

-131.0

Minority Interest

--

--

339.0

--

Change In Accounts Receivable

-207.0

-915.0

-9.0

-632.0

Change In Inventories

-196.0

-715.0

-1.0

-622.0

Change In Accounts Payable

20.0

493.0

2,768.0

1,821.0

Change In Other Working Capital

-487.0

2,628.0

-4,727.0

-1,508.0

16,385.0

14,298.0

15,396.0

17,414.0

Capital Expenditure

-2,384.0

-2,893.0

-2,934.0

-3,595.0

Sale Of Property, Plant, And Equipment

524.0

1,342.0

1,509.0

458.0

Cash Acquisitions

-1,269.0

-2,797.0

-4,486.0

-835.0

Investments In Marketable & Equity Securities

-4,687.0

514.0

1,363.0

-865.0

CASH FROM INVESTING

-7,854.0

-4,612.0

-4,510.0

-5,103.0

Short-Term Debt Issued

7,874.0

9,729.0

3,268.0

1,411.0

Currency in
Millions of US Dollars
NET INCOME

DEPRECIATION & AMORTIZATION, TOTAL

CASH FROM OPERATIONS

As of:

4 Year
Trend

Long-Term Debt Issued

1,118.0

4,470.0

45.0

3,607.0

8,992.0

14,199.0

3,313.0

5,018.0

Short Term Debt Repaid

-6,565.0

-11,200.0

-6,175.0

-1,397.0

Long Term Debt Repaid

-32.0

-16.0

-804.0

-1,593.0

-6,597.0

-11,216.0

-6,979.0

-2,990.0

Issuance Of Common Stock

1,226.0

1,246.0

2,720.0

2,649.0

Repurchase Of Common Stock

-2,797.0

-2,525.0

-12,919.0

-3,538.0

Common Dividends Paid

-5,804.0

-6,156.0

-6,614.0

-7,286.0

-5,804.0

-6,156.0

-6,614.0

-7,286.0

--

--

-83.0

56.0

-4,980.0

-4,452.0

-20,562.0

-6,091.0

Foreign Exchange Rate Adjustments

-6.0

-47.0

45.0

-204.0

NET CHANGE IN CASH

3,545.0

5,187.0

-9,631.0

6,016.0

TOTAL DEBT ISSUED

TOTAL DEBT REPAID

TOTAL DIVIDEND PAID

Other Financing Activities

CASH FROM FINANCING