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

 

 

 

 

 

 

 

 

  2011 2010 

Percent 

 

 Percent 

 

 Percent 

Increase Amount to Sales Amount to Sales 

(Decrease)Sales to customers$ 65,030 100.0 $ 61,587 100.0 

5.6Cost of products sold20,360 31.3 18,792 30.5 

8.3Selling, marketing and administrative expenses20,969 32.3 19,424 31.5 

8.0Research and development expense7,548 11.6 6,844 11.1 

10.3Interest (income)expense, net480 0.7 348 0.6 

 Other (income)expense, net2,743 4.2 (768) (1.2) 

 Restructuring (income)expense, net569 0.9 - - 

 Earnings before provision for taxes on income12,361 19.0 16,947 27.5 

(27.1)Provision for taxes on income2,689 4.1 3,613 5.8 

(25.6)Net earnings$   9,672 14.9 $ 13,334 21.7 

(27.5) 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

 

 Net earnings per share  (Diluted)$
3.49 

 

 $
4.78 

 

 

(27.0) 

 

 

 

 

 

 

 

 

 Average shares outstanding  (Diluted)2,775.3 

 

 
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SOURCE Johnson & Johnson
Copyright©2010 PR Newswire.
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