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Microsoft Excel LibreOffice Calc

Johnson & Johnson (JNJ)


Income Statement

Difficulty: Beginner

Johnson & Johnson, Consolidated Income Statement

USD $ in millions

Microsoft Excel LibreOffice Calc
12 months ended Dec 30, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 28, 2014
Sales to customers hidden hidden hidden hidden hidden
Cost of products sold hidden hidden hidden hidden hidden
Gross profit hidden hidden hidden hidden hidden
Selling, marketing and administrative expenses hidden hidden hidden hidden hidden
Research and development expense hidden hidden hidden hidden hidden
In-process research and development hidden hidden hidden hidden hidden
Restructuring hidden hidden hidden hidden hidden
Operating earnings hidden hidden hidden hidden hidden
Interest income hidden hidden hidden hidden hidden
Interest expense, net of portion capitalized hidden hidden hidden hidden hidden
Other income (expense), net hidden hidden hidden hidden hidden
Earnings before provision for taxes on income hidden hidden hidden hidden hidden
Provision for taxes on income hidden hidden hidden hidden hidden
Net earnings hidden hidden hidden hidden hidden

Based on: 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), 10-K (filing date: 2015-02-24).

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 2016 to 2017 and from 2017 to 2018.
Operating earnings The net result for the period of deducting operating expenses from operating revenues. Johnson & Johnson’s operating earnings declined from 2016 to 2017 but then increased from 2017 to 2018 not reaching 2016 level.
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 declined from 2016 to 2017 but then slightly increased from 2017 to 2018.
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 declined from 2016 to 2017 but then increased from 2017 to 2018 not reaching 2016 level.