See also
ˇ Show More
The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.
You have visited 10 password protected pages for free. Others contain data covered by
.
Sign Up Now to get full access to whole website and cut out all advertisements.
Johnson & Johnson, Consolidated Income Statement
USD $ in millions

| 12 months ended | Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | |
|---|---|---|---|---|---|---|
![]() |
Sales to customers | ![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
Cost of products sold | ![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
Gross profit | ![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
Selling, marketing and administrative expenses | ![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
Research and development expense | ![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
Purchased in-process research and development | ![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
Restructuring | ![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
Operating earnings | ![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
Interest income | ![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
Interest expense, net of portion capitalized | ![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
Other income (expense), net | ![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
Earnings before provision for taxes on income | ![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
Provision for taxes on income | ![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
Net earnings | ![]() |
![]() |
![]() |
![]() |
![]() |
| Item | Description | The company |
|---|---|---|
| Sales to customers | Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. | Johnson & Johnson's sales to customers declined from 2009 to 2010 but then increased from 2010 to 2011 exceeding 2009 level. |
| Operating earnings | The net result for the period of deducting operating expenses from operating revenues. | Johnson & Johnson's operating earnings increased from 2009 to 2010 but then declined significantly from 2010 to 2011. |
| Earnings before provision for taxes on income | Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. | Johnson & Johnson's earnings before provision for taxes on income increased from 2009 to 2010 but then declined significantly from 2010 to 2011. |
| Net earnings | The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. | Johnson & Johnson's net earnings increased from 2009 to 2010 but then declined significantly from 2010 to 2011. |
Stock Analysis on Net (www.stock-analysis-on.net)
Copyright © 2012 EBIT Financial Analyses Center