10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
JOHNSON & JOHNSON | |||
Ticker: JNJ Fiscal Year: 2010 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Jan 2, 2011 10-K (Filed: Feb 25, 2011) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 2, 2011 | Jan 3, 2010 | Dec 28, 2008 | |
| Cash flows from operating activities | |||
| Net earnings | $ 13,334 | 12,266 | 12,949 |
| Adjustments to reconcile net earnings to cash flows from operating activities: | |||
| Depreciation and amortization of property and intangibles | 2,939 | 2,774 | 2,832 |
| Stock based compensation | 614 | 628 | 627 |
| Purchased in-process research and development | 181 | ||
| Deferred tax provision | 356 | (436) | 22 |
| Accounts receivable allowances | 12 | 58 | 86 |
| Changes in assets and liabilities, net of effects from acquisitions: | |||
| (Increase)/decrease in accounts receivable | (207) | 453 | (736) |
| (Increase)/decrease in inventories | (196) | 95 | (101) |
| Increase/(decrease) in accounts payable and accrued liabilities | 20 | (507) | (272) |
| (Increase)/decrease in other current and non-current assets | (574) | 1,209 | (1,600) |
| Increase in other current and non-current liabilities | 87 | 31 | 984 |
| Net cash flows from operating activities | 16,385 | 16,571 | 14,972 |
| Cash flows from investing activities | |||
| Additions to property, plant and equipment | (2,384) | (2,365) | (3,066) |
| Proceeds from the disposal of assets | 524 | 154 | 785 |
| Acquisitions, net of cash acquired (Note 20) | (1,269) | (2,470) | (1,214) |
| Purchases of investments | (15,788) | (10,040) | (3,668) |
| Sales of investments | 11,101 | 7,232 | 3,059 |
| Other (primarily intangibles) | (38) | (109) | (83) |
| Net cash used by investing activities | (7,854) | (7,598) | (4,187) |
| Cash flows from financing activities | |||
| Dividends to shareholders | (5,804) | (5,327) | (5,024) |
| Repurchase of common stock | (2,797) | (2,130) | (6,651) |
| Proceeds from short-term debt | 7,874 | 9,484 | 8,430 |
| Retirement of short-term debt | (6,565) | (6,791) | (7,319) |
| Proceeds from long-term debt | 1,118 | 9 | 1,638 |
| Retirement of long-term debt | (32) | (219) | (24) |
| Proceeds from the exercise of stock options/excess tax benefits | 1,226 | 882 | 1,486 |
| Net cash used by financing activities | (4,980) | (4,092) | (7,464) |
| Effect of exchange rate changes on cash and cash equivalents | (6) | 161 | (323) |
| Increase in cash and cash equivalents | 3,545 | 5,042 | 2,998 |
| Cash and cash equivalents, beginning of year (Note 1) | 15,810 | 10,768 | |
| Cash and cash equivalents, end of year (Note 1) | 19,355 | 15,810 | 10,768 |
| Supplemental cash flow data | |||
| Cash paid during the year for: | |||
| Interest | 491 | 533 | 525 |
| Income taxes | 2,442 | 2,363 | 4,068 |
| Supplemental schedule of noncash investing and financing activities | |||
| Treasury stock issued for employee compensation and stock option plans, net of cash proceeds | 673 | 541 | 593 |
| Conversion of debt | 1 | 2 | 0 |
| Acquisitions | |||
| Fair value of assets acquired | 1,321 | 3,345 | 1,328 |
| Fair value of liabilities assumed and non-controlling interests | (52) | (875) | (114) |
| Net cash paid for acquisitions | 1,269 | 2,470 | 1,214 |
| External Links | |
| JOHNSON & JOHNSON (JNJ) Fiscal Year 2010 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |