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: 2014 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 28, 2014 10-K (Filed: Feb 24, 2015) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 28, 2014 | Dec 29, 2013 | Dec 30, 2012 | |
| CASH FLOW FROM OPERATING ACTIVITIES | |||
| Net Earnings | $ 16,323 | 13,831 | 10,514 |
| Adjustments to reconcile net earnings to cash flows from operating activities: | |||
| Depreciation and amortization of property and intangibles | 3,895 | 4,104 | 3,666 |
| Stock based compensation | 792 | 728 | 662 |
| Noncontrolling interest | 0 | 0 | 339 |
| Venezuela adjustments | 87 | 108 | 0 |
| Asset write-downs | 410 | 739 | 2,131 |
| Net gain on sale of assets/businesses | (2,383) | (113) | (908) |
| Net gain on equity investment transactions | 0 | (417) | 0 |
| Deferred tax provision | 441 | (607) | (39) |
| Accounts receivable allowances | (28) | (131) | 92 |
| Changes in assets and liabilities, net of effects from acquisitions: | |||
| Increase in accounts receivable | (247) | (632) | (9) |
| Increase in inventories | (1,120) | (622) | (1) |
| Increase in accounts payable and accrued liabilities | 955 | 1,821 | 2,768 |
| Decrease/(Increase) in other current and non-current assets | 442 | (1,693) | (1,264) |
| (Decrease)/Increase in other current and non-current liabilities | (1,096) | 298 | (2,555) |
| Net cash flows from operating activities | 18,471 | 17,414 | 15,396 |
| CASH FLOWS FROM INVESTING ACTIVITIES | |||
| Additions to property, plant and equipment | (3,714) | (3,595) | (2,934) |
| Proceeds from the disposal of assets/businesses, net | 4,631 | 458 | 1,509 |
| Acquisitions, net of cash acquired (Note 20) | (2,129) | (835) | (4,486) |
| Purchases of investments | (34,913) | (18,923) | (13,434) |
| Sales of investments | 24,119 | 18,058 | 14,797 |
| Other (primarily intangibles) | (299) | (266) | 38 |
| Net cash used by investing activities | (12,305) | (5,103) | (4,510) |
| CASH FLOWS FROM FINANCING ACTIVITIES | |||
| Dividends to shareholders | (7,768) | (7,286) | (6,614) |
| Repurchase of common stock | (7,124) | (3,538) | (12,919) |
| Proceeds from short-term debt | 1,863 | 1,411 | 3,268 |
| Retirement of short-term debt | (1,267) | (1,397) | (6,175) |
| Proceeds from long-term debt | 2,098 | 3,607 | 45 |
| Retirement of long-term debt | (1,844) | (1,593) | (804) |
| Proceeds from the exercise of stock options/excess tax benefits | 1,782 | 2,649 | 2,720 |
| Other | 0 | 56 | (83) |
| Net cash used by financing activities | (12,260) | (6,091) | (20,562) |
| Effect of exchange rate changes on cash and cash equivalents | (310) | (204) | 45 |
| (Decrease)/Increase in cash and cash equivalents | (6,404) | 6,016 | (9,631) |
| Cash and cash equivalents, beginning of year (Note 1) | 20,927 | 14,911 | |
| Cash and cash equivalents, end of year (Note 1) | 14,523 | 20,927 | 14,911 |
| Supplemental Cash Flow Data | |||
| Interest | 603 | 596 | 616 |
| Interest, net of amount capitalized | 488 | 491 | 501 |
| Income taxes | 3,536 | 3,155 | 2,507 |
| Supplemental schedule of non-cash investing and financing activities | |||
| Treasury Stock Issued For Employee Compensation And Stock Option Plans Net Of Cash Proceeds | 1,170 | 743 | 615 |
| Conversion of debt | 17 | 22 | 0 |
| Acquisitions | |||
| Fair value of assets acquired | 2,167 | 1,028 | 19,025 |
| Fair value of liabilities assumed and non-controlling interests | (38) | (193) | (1,204) |
| Net fair value of acquisitions | 2,129 | 835 | 17,821 |
| Net cash paid for aquisitions | 2,129 | 835 | 4,486 |
| Statement, Business Segments | |||
| Synthes, Inc | |||
| Issuance of common stock associated with the acquisition of Synthes, Inc. | 0 | 0 | 13,335 |
| Issuance of common stock associated with the acquisition of Synthes, Inc. | 0 | 0 | 13,335 |
| External Links | |
| JOHNSON & JOHNSON (JNJ) Fiscal Year 2014 | |
| 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 |