2024 Q3 Form 10-Q Financial Statement
#000020040624000075 Filed on July 25, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
Revenue | $22.47B | $22.45B |
YoY Change | -11.98% | -9.29% |
Cost Of Revenue | $6.783B | $6.763B |
YoY Change | -17.4% | -19.44% |
Gross Profit | $15.69B | $15.68B |
YoY Change | -9.41% | -4.08% |
Gross Profit Margin | 69.81% | 69.87% |
Selling, General & Admin | $5.475B | $5.676B |
YoY Change | -17.85% | -7.53% |
% of Gross Profit | 34.9% | 36.19% |
Research & Development | $4.895B | $3.382B |
YoY Change | 27.84% | -5.08% |
% of Gross Profit | 31.2% | 21.56% |
Depreciation & Amortization | $1.846B | $1.782B |
YoY Change | -4.55% | -5.21% |
% of Gross Profit | 11.77% | 11.36% |
Operating Expenses | $9.681B | $8.491B |
YoY Change | -4.47% | -49.84% |
Operating Profit | $6.007B | $7.193B |
YoY Change | -16.38% | -1344.46% |
Interest Expense | $136.0M | -$306.0M |
YoY Change | 491.3% | -1630.0% |
% of Operating Profit | 2.26% | -4.25% |
Other Income/Expense, Net | -$1.798B | -$653.0M |
YoY Change | -3096.67% | -90.97% |
Pretax Income | $3.338B | $5.748B |
YoY Change | -50.64% | -879.92% |
Income Tax | $644.0M | $1.062B |
% Of Pretax Income | 19.29% | 18.48% |
Net Earnings | $2.694B | $4.686B |
YoY Change | -47.63% | -6991.18% |
Net Earnings / Revenue | 11.99% | 20.88% |
Basic Earnings Per Share | $1.12 | $1.95 |
Diluted Earnings Per Share | $1.11 | $1.93 |
COMMON SHARES | ||
Basic Shares Outstanding | 2.407B shares | 2.407B shares |
Diluted Shares Outstanding | 2.428B shares | 2.422B shares |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $20.30B | $25.48B |
YoY Change | -28.79% | 3.5% |
Cash & Equivalents | $19.98B | $24.88B |
Short-Term Investments | $12.12B | $16.35B |
Other Short-Term Assets | $4.175B | $4.379B |
YoY Change | 74.18% | -58.75% |
Inventory | $12.60B | $12.17B |
Prepaid Expenses | ||
Receivables | $16.17B | $15.79B |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $53.25B | $57.82B |
YoY Change | -12.08% | -10.21% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $20.48B | $19.75B |
YoY Change | -0.47% | -2.11% |
Goodwill | $44.80B | $44.25B |
YoY Change | -1.41% | -2.91% |
Intangibles | $39.49B | $39.73B |
YoY Change | -14.61% | -16.28% |
Long-Term Investments | $505.0M | $470.0M |
YoY Change | 2.43% | -6.93% |
Other Assets | $10.92B | $10.54B |
YoY Change | -40.53% | 10.21% |
Total Long-Term Assets | $125.0B | $123.3B |
YoY Change | -4.64% | -6.32% |
TOTAL ASSETS | ||
Total Short-Term Assets | $53.25B | $57.82B |
Total Long-Term Assets | $125.0B | $123.3B |
Total Assets | $178.3B | $181.1B |
YoY Change | -6.99% | -7.59% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $8.954B | $8.848B |
YoY Change | -14.26% | -10.71% |
Accrued Expenses | $11.45B | $10.54B |
YoY Change | -60.97% | -5.94% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $4.462B | $9.855B |
YoY Change | -54.47% | -45.19% |
Long-Term Debt Due | $2.462B | $1.355B |
YoY Change | 29.51% | 25.58% |
Total Short-Term Liabilities | $51.76B | $53.93B |
YoY Change | -4.45% | -10.67% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $31.29B | $31.64B |
YoY Change | -7.7% | -9.43% |
Other Long-Term Liabilities | $14.92B | $14.09B |
YoY Change | -36.71% | -2.32% |
Total Long-Term Liabilities | $46.21B | $45.72B |
YoY Change | -19.6% | -7.35% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $51.76B | $53.93B |
Total Long-Term Liabilities | $46.21B | $45.72B |
Total Liabilities | $108.1B | $109.6B |
YoY Change | -7.21% | -12.43% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $155.2B | $155.4B |
YoY Change | 19.94% | 24.73% |
Common Stock | $3.120B | $3.120B |
YoY Change | 0.0% | 0.0% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $70.16B | $71.54B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $178.3B | $181.1B |
YoY Change | -6.99% | -7.59% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $2.694B | $4.686B |
YoY Change | -47.63% | -6991.18% |
Depreciation, Depletion And Amortization | $1.846B | $1.782B |
YoY Change | -4.55% | -5.21% |
Cash From Operating Activities | $7.993B | $5.633B |
YoY Change | 91.13% | 72.95% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $1.029B | $976.0M |
YoY Change | -8.45% | 13.09% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$2.099B | -$12.71B |
YoY Change | -20.85% | -106025.0% |
Cash From Investing Activities | -$3.128B | -$13.69B |
YoY Change | -17.16% | -512.88% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -9.882B | 7.544B |
YoY Change | 64.95% | 22.91% |
NET CHANGE | ||
Cash From Operating Activities | 7.993B | 5.633B |
Cash From Investing Activities | -3.128B | -13.69B |
Cash From Financing Activities | -9.882B | 7.544B |
Net Change In Cash | -5.017B | -510.0M |
YoY Change | -10.17% | -104.0% |
FREE CASH FLOW | ||
Cash From Operating Activities | $7.993B | $5.633B |
Capital Expenditures | $1.029B | $976.0M |
Free Cash Flow | $6.964B | $4.657B |
YoY Change | 127.73% | 94.53% |
Facts In Submission
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jnj |
Noncontrolling Interest Ownership Percentage
NoncontrollingInterestOwnershipPercentage
|
0.104 | ||
us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
223000000 | usd | |
us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
47000000 | usd | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-2342000000 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
599000000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
741000000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-1061000000 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
1144000000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
3407000000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
7439000000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1987000000 | usd | |
us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
116000000 | usd | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | usd | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
9688000000 | usd | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
11877000000 | usd | |
jnj |
Proceeds Payments From To Credit Support Agreements Investing Activities
ProceedsPaymentsFromToCreditSupportAgreementsInvestingActivities
|
-798000000 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-19000000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-461000000 | usd | |
us-gaap |
Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
|
6034000000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
3918000000 | usd | |
us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
12221000000 | usd | |
us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
13611000000 | usd | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
7674000000 | usd | |
us-gaap |
Repayments Of Senior Debt
RepaymentsOfSeniorDebt
|
803000000 | usd | |
us-gaap |
Repayments Of Senior Debt
RepaymentsOfSeniorDebt
|
501000000 | usd | |
jnj |
Proceeds From Exercise Of Stock Options And Excess Tax Benefits
ProceedsFromExerciseOfStockOptionsAndExcessTaxBenefits
|
290000000 | usd | |
jnj |
Proceeds From Exercise Of Stock Options And Excess Tax Benefits
ProceedsFromExerciseOfStockOptionsAndExcessTaxBenefits
|
254000000 | usd | |
jnj |
Proceeds Payments From To Credit Support Agreements Financing Activities
ProceedsPaymentsFromToCreditSupportAgreementsFinancingActivities
|
-126000000 | usd | |
jnj |
Payments To Settle Convertible Debt Acquired
PaymentsToSettleConvertibleDebtAcquired
|
970000000 | usd | |
jnj |
Payments To Settle Convertible Debt Acquired
PaymentsToSettleConvertibleDebtAcquired
|
0 | usd | |
us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
0 | usd | |
us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
4241000000 | usd | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
37000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
8090000000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-210000000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
3019000000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
7056000000 | usd | |
CY2023Q4 | jnj |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Continuing Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsContinuingOperations
|
21859000000 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
0 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
21859000000 | usd |
CY2024Q2 | jnj |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Continuing Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsContinuingOperations
|
24878000000 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
0 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
24878000000 | usd |
us-gaap |
Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
|
15748000000 | usd | |
us-gaap |
Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
|
1629000000 | usd | |
us-gaap |
Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
|
14119000000 | usd | |
CY2024Q2 | us-gaap |
Supplier Finance Program Payment Timing Period
SupplierFinanceProgramPaymentTimingPeriod
|
P90D | |
CY2024Q2 | us-gaap |
Supplier Finance Program Obligation Current
SupplierFinanceProgramObligationCurrent
|
600000000 | usd |
CY2023Q4 | us-gaap |
Supplier Finance Program Obligation Current
SupplierFinanceProgramObligationCurrent
|
700000000 | usd |
CY2024Q2 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
2407000000 | usd |
CY2023Q4 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
2355000000 | usd |
CY2024Q2 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
2556000000 | usd |
CY2023Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
1952000000 | usd |
CY2024Q2 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
7206000000 | usd |
CY2023Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
6874000000 | usd |
CY2024Q2 | us-gaap |
Inventory Net
InventoryNet
|
12169000000 | usd |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
11181000000 | usd |
CY2024Q2 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
13964000000 | usd |
CY2023Q4 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
10929000000 | usd |
CY2024Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
39725000000 | usd |
CY2023Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
34175000000 | usd |
CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
36558000000 | usd |
us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
8057000000 | usd | |
us-gaap |
Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
|
56000000 | usd | |
us-gaap |
Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
|
-309000000 | usd | |
CY2024Q2 | us-gaap |
Goodwill
Goodwill
|
44250000000 | usd |
CY2024Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1100000000 | usd |
CY2023Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1100000000 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2200000000 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2200000000 | usd | |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
4500000000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
3900000000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
3300000000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
2700000000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
2000000000 | usd |
CY2024Q2 | us-gaap |
Aoci Loss Cash Flow Hedge Cumulative Gain Loss After Tax
AociLossCashFlowHedgeCumulativeGainLossAfterTax
|
-899000000 | usd |
jnj |
Derivative Hedging Exposure Term
DerivativeHedgingExposureTerm
|
P18M | ||
CY2024Q2 | us-gaap |
Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease Before Adjustments And Tax
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseBeforeAdjustmentsAndTax
|
46000000 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease Before Adjustments And Tax
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseBeforeAdjustmentsAndTax
|
11000000 | usd |
us-gaap |
Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease Before Adjustments And Tax
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseBeforeAdjustmentsAndTax
|
130000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease Before Adjustments And Tax
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseBeforeAdjustmentsAndTax
|
-66000000 | usd | |
CY2024Q2 | us-gaap |
Commercial Paper
CommercialPaper
|
3600000000 | usd |
CY2024Q2 | us-gaap |
Proceeds From Issuance Of Commercial Paper
ProceedsFromIssuanceOfCommercialPaper
|
3600000000 | usd |
CY2024Q2 | jnj |
Debt For Equity Exchange Shares Exchanged
DebtForEquityExchangeSharesExchanged
|
182329550 | shares |
CY2024Q2 | jnj |
Debt For Equity Exchange Loss On Shares Exchanged
DebtForEquityExchangeLossOnSharesExchanged
|
400000000 | usd |
CY2024Q2 | us-gaap |
Derivative Instruments In Hedges Assets At Fair Value
DerivativeInstrumentsInHedgesAssetsAtFairValue
|
1915000000 | usd |
CY2024Q2 | us-gaap |
Derivative Instruments In Hedges Liabilities At Fair Value
DerivativeInstrumentsInHedgesLiabilitiesAtFairValue
|
4386000000 | usd |
CY2024Q2 | us-gaap |
Equity Securities Fv Ni
EquitySecuritiesFvNi
|
470000000 | usd |
CY2023Q4 | us-gaap |
Equity Securities Fv Ni
EquitySecuritiesFvNi
|
4473000000 | usd |
CY2024Q2 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
6840000000 | usd |
CY2023Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
8874000000 | usd |
CY2024Q2 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
1248000000 | usd |
CY2023Q4 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
1092000000 | usd |
CY2024Q2 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
1942000000 | usd |
CY2023Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
1591000000 | usd |
CY2024Q2 | us-gaap |
Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
|
1911000000 | usd |
CY2023Q4 | us-gaap |
Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
|
1575000000 | usd |
CY2024Q2 | us-gaap |
Derivative Assets
DerivativeAssets
|
31000000 | usd |
CY2023Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
16000000 | usd |
CY2024Q2 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
4405000000 | usd |
CY2023Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
6037000000 | usd |
CY2024Q2 | us-gaap |
Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
|
4229000000 | usd |
CY2023Q4 | us-gaap |
Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
|
5604000000 | usd |
CY2024Q2 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
176000000 | usd |
CY2023Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
433000000 | usd |
CY2023Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
1092000000 | usd |
CY2023Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
1120000000 | usd |
jnj |
Fair Value Measurementwith Unobservable Inputs Reconciliation Recurring Basis Change In Estimated Fair Value
FairValueMeasurementwithUnobservableInputsReconciliationRecurringBasisChangeInEstimatedFairValue
|
44000000 | usd | |
jnj |
Fair Value Measurementwith Unobservable Inputs Reconciliation Recurring Basis Change In Estimated Fair Value
FairValueMeasurementwithUnobservableInputsReconciliationRecurringBasisChangeInEstimatedFairValue
|
25000000 | usd | |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
|
112000000 | usd | |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
|
0 | usd | |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
|
0 | usd | |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
|
3000000 | usd | |
CY2024Q2 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
1248000000 | usd |
CY2023Q3 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
1142000000 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
25475000000 | usd |
CY2024Q2 | jnj |
Cash Cash Equivalents And Short Term Investments Accumulated Gross Unrealized Loss
CashCashEquivalentsAndShortTermInvestmentsAccumulatedGrossUnrealizedLoss
|
0 | usd |
CY2024Q2 | jnj |
Cash Cash Equivalents And Short Term Investments Estimated Fair Value
CashCashEquivalentsAndShortTermInvestmentsEstimatedFairValue
|
25475000000 | usd |
CY2024Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
24878000000 | usd |
CY2024Q2 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
597000000 | usd |
CY2024Q2 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
|
6821000000 | usd |
CY2024Q2 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
6821000000 | usd |
CY2024Q2 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
|
19000000 | usd |
CY2024Q2 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
|
19000000 | usd |
CY2024Q2 | us-gaap |
Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
|
0 | usd |
CY2024Q2 | us-gaap |
Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
|
0 | usd |
CY2024Q2 | us-gaap |
Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
|
6840000000 | usd |
CY2024Q2 | us-gaap |
Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
|
6840000000 | usd |
CY2024Q2 | us-gaap |
Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
|
0.0328 | |
CY2023 | jnj |
Excess Of Carrying Value Over Fair Value Of Debt
ExcessOfCarryingValueOverFairValueOfDebt
|
1000000000.0 | usd |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.161 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.027 | ||
us-gaap |
Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
|
0.23 | ||
us-gaap |
Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
|
0.23 | ||
CY2024Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
2500000000 | usd |
CY2024Q2 | us-gaap |
Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
|
400000000 | usd |
jnj |
Other Comprehensive Income Loss Net Of Tax And Deconsolidation
OtherComprehensiveIncomeLossNetOfTaxAndDeconsolidation
|
1274000000 | usd | |
CY2024Q2 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
1.95 | |
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
3.30 | ||
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
1.88 | ||
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
|
0 | ||
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
|
0.07 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
3.30 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.95 | ||
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2406800000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2407500000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2601900000 | shares | |
CY2024Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
62600000 | shares |
CY2023Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
95200000 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
79300000 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
96900000 | shares | |
CY2024Q2 | jnj |
Shares Which Could Be Repurchased Under Treasury Stock Method
SharesWhichCouldBeRepurchasedUnderTreasuryStockMethod
|
47400000 | shares |
jnj |
Shares Which Could Be Repurchased Under Treasury Stock Method
SharesWhichCouldBeRepurchasedUnderTreasuryStockMethod
|
58300000 | shares | |
jnj |
Shares Which Could Be Repurchased Under Treasury Stock Method
SharesWhichCouldBeRepurchasedUnderTreasuryStockMethod
|
68100000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2428500000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2630700000 | shares | |
us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
3.27 | ||
us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
1.86 | ||
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
|
0 | ||
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
|
0.07 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
3.27 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.93 | ||
CY2024Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
72.2 | shares |
CY2023Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
50.8 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
53.8 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
46.8 | shares | |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | segment | |
CY2024Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
22447000000 | usd |
CY2023Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
21519000000 | usd |
CY2024Q2 | jnj |
Percentage Change In Sales By Segment Of Business
PercentageChangeInSalesBySegmentOfBusiness
|
0.043 | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
43830000000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
42413000000 | usd | |
jnj |
Percentage Change In Sales By Segment Of Business
PercentageChangeInSalesBySegmentOfBusiness
|
0.033 | ||
CY2024Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
5748000000 | usd |
CY2023Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
6306000000 | usd |
CY2024Q2 | jnj |
Percentage Change In Operating Income Loss
PercentageChangeInOperatingIncomeLoss
|
-0.088 | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
9462000000 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
5019000000 | usd | |
jnj |
Percentage Change In Operating Income Loss
PercentageChangeInOperatingIncomeLoss
|
0.885 | ||
us-gaap |
Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
|
-400000000 | usd | |
CY2024Q2 | us-gaap |
Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
|
-400000000 | usd |
CY2024Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
22447000000 | usd |
CY2023Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
21519000000 | usd |
CY2024Q2 | jnj |
Percentage Change In Sales By Geographic Area
PercentageChangeInSalesByGeographicArea
|
0.043 | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
43830000000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
42413000000 | usd | |
jnj |
Percentage Change In Sales By Geographic Area
PercentageChangeInSalesByGeographicArea
|
0.033 | ||
CY2024Q2 | us-gaap |
Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
|
300000000 | usd |
CY2024Q1 | us-gaap |
Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
|
200000000 | usd |
CY2021Q4 | jnj |
Number Of New Entities Created
NumberOfNewEntitiesCreated
|
3 | entity |
CY2023Q3 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
4011000000 | usd |
us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
7863000000 | usd | |
CY2023Q3 | us-gaap |
Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
|
1750000000 | usd |
us-gaap |
Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
|
3458000000 | usd | |
CY2023Q3 | us-gaap |
Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
|
2261000000 | usd |
us-gaap |
Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
|
4405000000 | usd | |
CY2023Q3 | us-gaap |
Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
|
1269000000 | usd |
us-gaap |
Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
|
2501000000 | usd | |
CY2023Q3 | jnj |
Disposal Group Including Discontinued Operation Research And Development Expense
DisposalGroupIncludingDiscontinuedOperationResearchAndDevelopmentExpense
|
126000000 | usd |
jnj |
Disposal Group Including Discontinued Operation Research And Development Expense
DisposalGroupIncludingDiscontinuedOperationResearchAndDevelopmentExpense
|
234000000 | usd | |
CY2023Q3 | us-gaap |
Disposal Group Including Discontinued Operation Interest Income
DisposalGroupIncludingDiscontinuedOperationInterestIncome
|
42000000 | usd |
us-gaap |
Disposal Group Including Discontinued Operation Interest Income
DisposalGroupIncludingDiscontinuedOperationInterestIncome
|
79000000 | usd | |
CY2023Q3 | us-gaap |
Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
|
128000000 | usd |
us-gaap |
Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
|
131000000 | usd | |
CY2023Q3 | us-gaap |
Disposal Group Including Discontinued Operation Other Expense
DisposalGroupIncludingDiscontinuedOperationOtherExpense
|
324000000 | usd |
us-gaap |
Disposal Group Including Discontinued Operation Other Expense
DisposalGroupIncludingDiscontinuedOperationOtherExpense
|
612000000 | usd | |
CY2023Q3 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
456000000 | usd |
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
1006000000 | usd | |
CY2023Q3 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
688000000 | usd |
us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
815000000 | usd | |
CY2023Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
|
-232000000 | usd |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
|
191000000 | usd | |
CY2023Q3 | us-gaap |
Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
|
149000000 | usd |
us-gaap |
Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
|
302000000 | usd | |
CY2023Q3 | us-gaap |
Capital Expenditure Discontinued Operations
CapitalExpenditureDiscontinuedOperations
|
92000000 | usd |
us-gaap |
Capital Expenditure Discontinued Operations
CapitalExpenditureDiscontinuedOperations
|
139000000 | usd | |
CY2024Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false |