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: 2019

Consolidated Statements of Earnings

Period Ending Dec 29, 2019 10-K (Filed: Feb 18, 2020)

(In Millions, except shares in Thousands)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 29, 2019Dec 30, 2018Dec 31, 2017
Sales to customers
$
82,059
81,58176,450
Cost of products sold27,55627,09125,439
Gross profit54,50354,49051,011
 
Selling, marketing and administrative expenses22,17822,54021,520
Research and development expense11,35510,77510,594
In-process research and development (Note 5)8901,126408
Interest income(357)(611)(385)
Interest expense, net of portion capitalized (Note 4)3181,005934
Other (income) expense, net2,5251,405(42)
Restructuring (Note 22)266251309
Earnings before provision for taxes on income17,32817,99917,673
 
Provision for taxes on income (Note 8)2,2092,70216,373
Net earnings15,11915,2971,300
 
Net earnings per share (Notes 1 and 15)
Basic (in dollars per share)5.725.700.48
Diluted (in dollars per share)5.635.610.47
Average shares outstanding (Notes 1 and 15)
Basic (in shares)2,645,1002,681,5002,692,000
Diluted (in shares)2,684,3002,728,7002,745,300
External Links 
JOHNSON & JOHNSON (JNJ) Fiscal Year 2019
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