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Johnson & Johnson Reports 2011 Fourth-Quarter and Full-Year Results:
Date:1/24/2012

16,255 100.0 $ 15,644 100.0 

3.9Cost of products sold5,338 32.8 5,040 32.2 

5.9Selling, marketing and administrative expenses5,458 33.6 5,180 33.1 

5.4Research and development expense2,155 13.3 1,982 12.7 

8.7Interest (income)expense, net148 0.9 114 0.7 

 Other (income)expense, net2,858 17.6 1,100 7.1 

 Restructuring (income)expense, net(20) (0.1) - - 

 Earnings before provision for taxes on income318 1.9 2,228 14.2 

(85.7)Provision for taxes on income100 0.6 286 1.8 

(65.0)Net earnings$
218 1.3 $   1,942 12.4 

(88.8) 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 Net earnings per share  (Diluted)$
.08 

 

 $
.70 

 

 

(88.6) 

 

 

 

 

 

 

 

 

 Average shares outstanding  (Diluted)2,768.9 

 

 2,781.6 

 

 

  

 

 

 

 

 

 

 

 

 Effective tax rate31.4% 

 12.8% 

 

  

 

 

 

 

 

 


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SOURCE Johnson & Johnson
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