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: 2020

Consolidated Statements of Earnings

Period Ending Jan 3, 2021 10-K (Filed: Feb 22, 2021)

(In Millions, except shares in Thousands)
 12 Months Ended12 Months Ended12 Months Ended
 Jan 3, 2021Dec 29, 2019Dec 30, 2018
Sales to customers
$
82,584
82,05981,581
Cost of products sold28,42727,55627,091
Gross profit54,15754,50354,490
 
Selling, marketing and administrative expenses22,08422,17822,540
Research and development expense12,15911,35510,775
In-process research and development (Note 5)1818901,126
Interest income(111)(357)(611)
Interest expense, net of portion capitalized (Note 4)2013181,005
Other (income) expense, net2,8992,5251,405
Restructuring (Note 20)247266251
Earnings before provision for taxes on income16,49717,32817,999
 
Provision for taxes on income (Note 8)1,7832,2092,702
Net earnings14,71415,11915,297
 
Net earnings per share (Notes 1 and 15)
Basic (in dollars per share)5.595.725.70
Diluted (in dollars per share)5.515.635.61
Average shares outstanding (Notes 1 and 15)
Basic (in shares)2,632,8002,645,1002,681,500
Diluted (in shares)2,670,7002,684,3002,728,700
External Links 
JOHNSON & JOHNSON (JNJ) Fiscal Year 2020
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