Johnson & Johnson, together with its subsidiaries, researches and develops, manufactures, and sells various products in the healthcare field worldwide, but strategically separated its Consumer Health business into Kenvue Inc. in 2023 to focus on its higher-growth, innovation-driven segments; the former Consumer Health brands (including TYLENOL, LISTERINE, and BAND-AID) are now owned by Kenvue. The company's core focus is now split between its Innovative Medicine (formerly Pharmaceutical) segment, which offers prescription products for complex diseases such as rheumatoid arthritis, various cancers, HIV/AIDS, and neurodegenerative disorders; and its MedTech (Medical Devices) segment, which provides advanced technology solutions including electrophysiology products, neurovascular care products, orthopaedics (hips, knees, spine), advanced surgery solutions, and disposable contact lenses under the ACUVUE brand. Company's two remaining segments primarily serve hospitals, healthcare professionals, wholesalers, and retailers, continuing its mission of advancing human health since its founding in 1886 and its current basing in New Brunswick, New Jersey.

Johnson & Johnson

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Assets	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Cash and Cash Equivalents	18,231	18,577	38,474	24,105	19,980	24,878
Cash and Cash Equivalents
Short-Term Investments	331	303	307	417	317	597
Marketable Securities
Total Cash and Cash Equivalents	18,562	18,880	38,781	24,522	20,297	25,475
Accounts Receivable	17,611	17,846	16,020	14,842	16,174	15,794
Accounts Receivable Trade, Less Allowances for Doubtful Accounts, Net
Accounts Receivable, Trade, Net
Total Trade Receivables	17,611	17,846	16,020	14,842	16,174	15,794
Inventories	14,146	13,412	12,659	12,444	12,603	12,169
Inventories
Other Current Assets	4,292	4,360	4,091	4,085	4,175	4,379
Restricted Cash
Deferred Taxes on Income
Prepaid Expenses and Other
Current Assets of Discontinued Operations
Total Current Assets	54,611	54,498	71,551	55,893	53,249	57,817
Total Current Assets
Net Property, Plant & Equipment	22,338	21,949	20,871	20,518	20,479	19,748
Property, Plant and Equipment, Net
Net Intangible Assets	48,737	49,835	36,755	37,618	39,490	39,725
Intangible Assets, Net
Goodwill	48,048	48,117	44,468	44,200	44,799	44,250
Goodwill
Other Long-Term Assets	19,082	18,990	20,026	21,875	20,270	19,548
Deferred Taxes on Income
Other Assets
Noncurrent Assets of Discontinued Operations
Total Assets	192,816	193,389	193,671	180,104	178,287	181,088
Total Assets

Liabilities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Accounts Payable	9,625	9,464	9,545	10,311	8,954	8,848
Accounts Payable
Accrued Expenses	32,929	31,525	29,244	30,255	33,509	30,921
Accrued Liabilities
Accrued Rebates, Returns and Promotions
Accrued Compensation and Employee Related Obligations
Short-Term Debt	6,387	11,526	13,897	5,983	4,462	9,855
Loans and Notes Payable
Other Current Liabilities	1,928	1,665	4,217	3,772	4,834	4,309
Accrued Taxes on Income
Current Liabilities of Discontinued Operations
Total Current Liabilities	50,869	54,180	56,903	50,321	51,759	53,933
Total Current Liabilities
Long-Term Debt	39,408	39,235	38,355	30,651	31,289	31,636
Long-Term Debt
Other Long-Term Liabilities	23,262	21,501	20,304	27,642	25,081	23,981
Deferred Taxes on Income
Employee Related Obligations
Long-Term Taxes Payable
Other Liabilities
Noncurrent Liabilities of Discontinued Operations
Total Long-Term Liabilities	62,670	60,736	58,659	58,293	56,370	55,617
Total Liabilities	113,539	114,916	115,562	108,614	108,129	109,550
Total Liabilities

Equity	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Common Stock	3,120	3,120	3,120	3,120	3,120	3,120
Common Stock
Treasury Stock	-75,887	-75,713	75,906	-75,680	-75,619	-75,689
Less: Common Stock Held in Treasury, at Cost
Accumulated Other Comprehensive Income	-15,237	-14,305	-11,740	-11,741	-12,522	-11,253
Accumulated Other Comprehensive Income (Loss)
Retained Earnings	167,281	165,371	162,635	155,791	155,179	155,360
Retained Earnings and Additional Paid-in Capital
Total Common Shareholders' Equity	79,277	78,473	78,109	71,490	70,158	71,538
Total Shareholders' Equity
Minority Interests and Other	—	—	—	—	—	—
Equity Attributable to Non-Controlling Interest
Total Shareholders' Equity	79,277	78,473	78,109	71,490	70,158	71,538
Total Equity
Total Liabilities and Shareholders' Equity	192,816	193,389	193,671	180,104	178,287	181,088
Total Liabilities and Shareholders' Equity