JOHNSON & JOHNS   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Period End Date	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014	12/31/2013	12/31/2012	12/31/2011
Sales to customers	82,584.00	82,059.00	81,581.00	76,450.00	71,890.00	70,074.00	74,331.00	71,312.00	67,224.00	65,030.00
Total Revenues	82,584.00	82,059.00	81,581.00	76,450.00	71,890.00	70,074.00	74,331.00	71,312.00	67,224.00	65,030.00
Cost of Products Sold	28,427.00	27,556.00	27,091.00	25,439.00	21,789.00	21,536.00	22,746.00	22,342.00	21,658.00	20,360.00
Gross Profit	54,157.00	54,503.00	54,490.00	51,011.00	50,101.00	48,538.00	51,585.00	48,970.00	45,566.00	44,670.00
Interest expense, net of portion capitalized	201.00	318.00	1,005.00	934.00	726.00	552.00	533.00	482.00	532.00	571.00
Interest income	111.00	357.00	611.00	385.00	368.00	128.00	67.00	74.00	64.00	91.00
Research expense	12,159.00	11,355.00	10,775.00	10,594.00	9,143.00	9,046.00	8,494.00	8,183.00	7,665.00	7,548.00
Purchased in-process research and development	181.00	890.00	1,126.00	408.00	29.00	224.00	178.00	580.00	1,163.00	--
Selling, marketing and administrative expenses	22,084.00	22,178.00	22,540.00	21,520.00	20,067.00	21,203.00	21,954.00	21,830.00	20,869.00	20,969.00
Restructuring	247.00	266.00	251.00	309.00	491.00	509.00	--	--	--	569.00
Other income (expense), net	(2,899.00)	(2,525.00)	(1,405.00)	42.00	(210.00)	2,064.00	70.00	(2,498.00)	(1,626.00)	(2,743.00)
Earnings before provision for taxes on income	16,497.00	17,328.00	17,999.00	17,673.00	19,803.00	19,196.00	20,563.00	15,471.00	13,775.00	12,361.00
Currently payable: U.S. taxes	--	--	--	--	--	--	--	594.00	2,023.00	2,392.00
Currently payable: International taxes	--	--	--	--	--	--	--	1,653.00	1,277.00	1,133.00
Deferred:U.S. taxes	--	--	--	--	--	--	--	(251.00)	(120.00)	(690.00)
Deferred: International taxes	--	--	--	--	--	--	--	(356.00)	81.00	(146.00)
Provision (benefit) for taxes on income	1,783.00	2,209.00	2,702.00	16,373.00	3,263.00	3,787.00	4,240.00	1,640.00	3,261.00	2,689.00
Net earnings (loss)	14,714.00	15,119.00	15,297.00	1,300.00	16,540.00	15,409.00	16,323.00	13,831.00	10,514.00	9,672.00
Add: Net loss attributable to noncontrolling interest	--	--	--	--	--	--	--	--	(339.00)	--
Net earnings allocable to Common Units	14,714.00	15,119.00	15,297.00	1,300.00	16,540.00	15,409.00	16,323.00	13,831.00	10,853.00	9,672.00
Net Earnings Per Share (Basic)	5.59	5.72	5.70	0.48	6.04	5.56	5.80	4.92	3.94	3.54
Net Earnings Per Share (Diluted)	5.51	5.63	5.61	0.47	5.93	5.48	5.70	4.81	3.86	3.49
Weighted Average Shares Outstanding (Basic)	2,632.80	2,645.10	2,681.50	2,692.00	2,737.30	2,771.80	2,815.20	2,809.20	2,753.30	2,736.00
Weighted Average Shares Outstanding (Diluted)	2,670.70	2,684.30	2,728.70	2,745.30	2,788.90	2,812.90	2,863.90	2,877.00	2,812.60	2,775.30