Johnson & Johnson - Index

Johnson & Johnson - report - Index

Consolidated Statements of Equity
Balance, January 2, 2005 $32,535 35,945 (11) (515) 3,120 (6,004)
Net earnings 10,060 10,060 10,060
Cash dividends paid (3,793) (3,793)
Employee stock compensation
and stock option plans 1,485 27 1,458
Conversion of subordinated debentures 369 (132) 501
Repurchase of common stock (1,717) 203 (1,920)
Other comprehensive income, net of tax:
Currency translation adjustment (415) (415) (415)
Unrealized losses on securities (16) (16) (16)
Employee benefit plans 26 26 26
Gains on derivatives & hedges 165 165 165
Reclassification adjustment (15)
Total comprehensive income 9,805
Note receivable from ESOP 11 11
Balance, January 1, 2006 $38,710 42,310 — (755) 3,120 (5,965)
Net earnings 11,053 11,053 11,053
Cash dividends paid (4,267) (4,267)
Employee compensation
and stock option plans 1,858 181 1,677
Conversion of subordinated debentures 26 (10) 36
Repurchase of common stock (6,722) (6,722)
Other 23 23
Other comprehensive income, net of tax:
Currency translation adjustment 362 362 362
Unrealized losses on securities (9) (9) (9)
Employee benefit plans (1,710) (34) (1,710)
Losses on derivatives & hedges (6) (6) (6)
Reclassification adjustment (9)
Total comprehensive income 11,357
Balance, December 31, 2006 $39,318 49,290 — (2,118) 3,120 (10,974)
Net earnings 10,576 10,576 10,576
Cash dividends paid (4,670) (4,670)
Employee compensation
and stock option plans 2,311 131 2,180
Conversion of subordinated debentures 9 (4) 13
Repurchase of common stock (5,607) (5,607)
Adoption of FIN 48 (19) (19)
Other (24) (24)
Other comprehensive income, net of tax:
Currency translation adjustment 786 786 786
Unrealized gains on securities 23 23 23
Employee benefit plans 670 670 670
Losses on derivatives & hedges (54) (54) (54)
Reclassification adjustment (5)
Total comprehensive income 11,996
Johnson & Johnson and Subsidiaries
Note Receivable Accumulated
From Employee Other Treasury
Comprehensive Retained Stock Ownership Comprehensive Common Stock Stock
(Dollars in Millions) (Note 1) Total Income Earnings Plan (ESOP) Income Issued Amount Amount
Balance, December 30, 2007 $43,319 55,280 — (693) 3,120 (14,388)
See Notes to Consolidated Financial Statements
50 JOHNSON & JOHNSON 2007 ANNUAL REPORT