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: 2022

Consolidated Statements of Earnings

Period Ending Jan 1, 2023 10-K (Filed: Feb 16, 2023)

(In Millions, except shares in Thousands)
 12 Months Ended12 Months Ended12 Months Ended
 Jan 1, 2023Jan 2, 2022Jan 3, 2021
Sales to customers
$
94,943
93,77582,584
Cost of products sold31,08929,85528,427
Gross profit63,85463,92054,157
 
Selling, marketing and administrative expenses24,76524,65922,084
Research and development expense14,60314,71412,159
In-process research and development (Note 5)783900181
Interest income(490)(53)(111)
Interest expense, net of portion capitalized (Note 4)276183201
Other (income) expense, net1,8714892,899
Restructuring (Note 20)321252247
Earnings before provision for taxes on income21,72522,77616,497
 
Provision for taxes on income (Note 8)3,7841,8981,783
Net earnings17,94120,87814,714
 
Net earnings per share (Notes 1 and 15)
Basic (in dollars per share)6.837.935.59
Diluted (in dollars per share)6.737.815.51
Average shares outstanding (Notes 1 and 15)
Basic (in shares)2,625,2002,632,1002,632,800
Diluted (in shares)2,663,9002,674,0002,670,700
External Links 
JOHNSON & JOHNSON (JNJ) Fiscal Year 2022
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