Paying users zone. Data is hidden behind hidden.

  • Get 1-month access to Johnson & Johnson for $19.99, or

  • get full access to the entire website for at least 3 months from $49.99.

We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Apple Pay Google Pay
Verified by Visa MasterCard SecureCode American Express SafeKey
Unlock

This is a one-time payment. There is no automatic renewal.

Microsoft Excel LibreOffice Calc

Johnson & Johnson (JNJ)

Income Statement

Beginner level

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.

Johnson & Johnson, consolidated income statement

US$ in millions

Microsoft Excel LibreOffice Calc
12 months ended Dec 29, 2019 Dec 30, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Sales to customers
Cost of products sold
Gross profit
Selling, marketing and administrative expenses
Research and development expense
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

Based on: 10-K (filing date: 2020-02-18), 10-K (filing date: 2019-02-20), 10-K (filing date: 2018-02-21), 10-K (filing date: 2017-02-27), 10-K (filing date: 2016-02-24).

Income statement item Description The company
Sales to customers Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Johnson & Johnson’s sales to customers increased from 2017 to 2018 and from 2018 to 2019.
Operating earnings The net result for the period of deducting operating expenses from operating revenues. Johnson & Johnson’s operating earnings increased from 2017 to 2018 and from 2018 to 2019.
Earnings before provision for taxes on income Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Johnson & Johnson’s earnings before provision for taxes on income increased from 2017 to 2018 but then decreased significantly from 2018 to 2019.
Net earnings The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Johnson & Johnson’s net earnings increased from 2017 to 2018 but then slightly decreased from 2018 to 2019.