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: 2016 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Jan 1, 2017 10-K (Filed: Feb 27, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 1, 2017 | Jan 3, 2016 | Dec 28, 2014 | |
| Net earnings | $ 16,540 | 15,409 | 16,323 |
| Cash flows from operating activities | |||
| Adjustments to reconcile net earnings to cash flows from operating activities: | |||
| Depreciation and amortization of property and intangibles | 3,754 | 3,746 | 3,895 |
| Stock based compensation | 878 | 874 | 792 |
| Venezuela adjustments | 0 | 122 | 87 |
| Asset write-downs | 283 | 624 | 410 |
| Net gain on sale of assets/businesses | (563) | (2,583) | (2,383) |
| Deferred tax provision | (341) | (270) | 441 |
| Accounts receivable allowances | (11) | 18 | (28) |
| Changes in assets and liabilities, net of effects from acquisitions and divestitures: | |||
| Increase in accounts receivable | (1,065) | (433) | (247) |
| Increase in inventories | (249) | (449) | (1,120) |
| Increase in accounts payable and accrued liabilities | 656 | 287 | 1,194 |
| Decrease in other current and non-current assets | 18 | 65 | 442 |
| (Decrease)/Increase in other current and non-current liabilities | (1,133) | 2,159 | (1,096) |
| Net cash flows from operating activities | 18,767 | 19,569 | 18,710 |
| Cash flows from investing activities | |||
| Additions to property, plant and equipment | (3,226) | (3,463) | (3,714) |
| Proceeds from the disposal of assets/businesses, net | 1,267 | 3,464 | 4,631 |
| Acquisitions, net of cash acquired (Note 20) | (4,509) | (954) | (2,129) |
| Purchases of investments | (33,950) | (40,828) | (34,913) |
| Sales of investments | 35,780 | 34,149 | 24,119 |
| Other (primarily intangibles) | (123) | (103) | (299) |
| Net cash used by investing activities | (4,761) | (7,735) | (12,305) |
| Cash flows from financing activities | |||
| Dividends to shareholders | (8,621) | (8,173) | (7,768) |
| Repurchase of common stock | (8,979) | (5,290) | (7,124) |
| Proceeds from short-term debt | 111 | 2,416 | 1,863 |
| Retirement of short-term debt | (2,017) | (1,044) | (1,267) |
| Proceeds from long-term debt | 12,004 | 75 | 2,098 |
| Retirement of long-term debt | (2,223) | (68) | (1,844) |
| Proceeds from the exercise of stock options/employee withholding tax on stock awards, net | 1,189 | 1,005 | 1,543 |
| Other | (15) | (57) | 0 |
| Net cash used by financing activities | (8,551) | (11,136) | (12,499) |
| Effect of exchange rate changes on cash and cash equivalents | (215) | (1,489) | (310) |
| Increase/(Decrease) in cash and cash equivalents | 5,240 | (791) | (6,404) |
| Cash and cash equivalents, beginning of year (Note 1) | 13,732 | 14,523 | |
| Cash and cash equivalents, end of year (Note 1) | 18,972 | 13,732 | 14,523 |
| Supplemental cash flow data | |||
| Interest | 730 | 617 | 603 |
| Interest, net of amount capitalized | 628 | 515 | 488 |
| Income taxes | 2,843 | 2,865 | 3,536 |
| Supplemental schedule of non-cash investing and financing activities | |||
| Treasury stock issued for employee compensation and stock option plans, net of cash proceeds/ employee withholding tax on stock awards | 2,043 | 1,486 | 1,409 |
| Conversion of debt | 35 | 16 | 17 |
| Acquisitions | |||
| Fair value of assets acquired | 4,586 | 1,174 | 2,167 |
| Fair value of liabilities assumed and noncontrolling interests | (77) | (220) | (38) |
| Net cash paid for acquisitions | 4,509 | 954 | 2,129 |
| External Links | |
| JOHNSON & JOHNSON (JNJ) Fiscal Year 2016 | |
| 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 |