10-K.Info (Beta Test)
Courtesy of Short Sands, LLC
10-K.Info (Beta Test)
Courtesy of Short Sands, LLC

JOHNSON & JOHNSON

Ticker: JNJ   Fiscal Year: 2010

Consolidated Statements of Earnings

Period Ending Jan 2, 2011 10-K (Filed: Feb 25, 2011)

(In Millions, except shares in Thousands)
 12 Months Ended12 Months Ended12 Months Ended
 Jan 2, 2011Jan 3, 2010Dec 28, 2008
Sales to customers
$
61,587
61,89763,747 [1]
 
Cost of products sold18,79218,44718,511
 
Gross profit42,79543,45045,236
Selling, marketing and administrative expenses19,42419,80121,490
Research and development expense6,8446,9867,577
Purchased in-process research and development (Note 20)181
Interest income(107)(90)(361)
Interest expense, net of portion capitalized (Note 4)455451435
Other (income) expense, net(768)(526)(1,015)
Restructuring (Note 22)1,073
 
Earnings before provision for taxes on income:16,94715,75516,929
Provision for taxes on income (Note 8)3,6133,4893,980
 
Net earnings13,33412,26612,949
 
Basic net earnings per share (Notes 1 and 15)4.854.454.62
Diluted net earnings per share (Notes 1 and 15)4.784.404.57
Cash dividends per share2.111.931.79
Basic average shares outstanding (Notes 1 and 15)2,751,4002,759,5002,802,500
Diluted average shares outstanding (Notes 1 and 15)2,788,8002,789,1002,835,600
[1] See Note 1 for a description of the segments in which the Company operates.
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