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	Jun '25	Dec '24	Jun '24	Dec '23	Jul '23	Jan '23
Cash and Cash Equivalents	18,577	24,105	24,878	21,859	21,183	12,889
Cash and Cash Equivalents
Short-Term Investments	303	417	597	1,068	7,322	9,392
Marketable Securities
Total Cash and Cash Equivalents	18,880	24,522	25,475	22,927	28,505	22,281
Accounts Receivable	17,846	14,842	15,794	14,873	16,777	14,039
Accounts Receivable Trade, Less Allowances for Doubtful Accounts, Net
Accounts Receivable, Trade, Net
Total Trade Receivables	17,846	14,842	15,794	14,873	16,777	14,039
Inventories	13,412	12,444	12,169	11,181	12,888	10,268
Inventories
Other Current Assets	4,360	4,085	4,379	4,514	2,397	8,706
Deferred Taxes on Income
Prepaid Expenses and Other
Current Assets of Discontinued Operations
Total Current Assets	54,498	55,893	57,817	53,495	60,567	55,294
Total Current Assets
Net Property, Plant & Equipment	21,949	20,518	19,748	19,898	20,576	17,982
Property, Plant and Equipment, Net
Net Intangible Assets	49,835	37,618	39,725	34,175	46,246	38,489
Intangible Assets, Net
Goodwill	48,117	44,200	44,250	36,558	45,440	36,047
Goodwill
Other Long-Term Assets	18,990	21,875	19,548	23,432	18,857	39,566
Deferred Taxes on Income
Other Assets
Noncurrent Assets of Discontinued Operations
Total Assets	193,389	180,104	181,088	167,558	191,686	187,378
Total Assets

Liabilities	Jun '25	Dec '24	Jun '24	Dec '23	Jul '23	Jan '23
Accounts Payable	9,464	10,311	8,848	9,632	10,443	9,889
Accounts Payable
Accrued Expenses	31,525	30,255	30,921	30,206	29,339	27,347
Accrued Liabilities
Accrued Rebates, Returns and Promotions
Accrued Compensation and Employee Related Obligations
Short-Term Debt	11,526	5,983	9,855	3,451	11,701	12,756
Loans and Notes Payable
Other Current Liabilities	1,665	3,772	4,309	2,993	2,687	5,810
Accrued Taxes on Income
Current Liabilities of Discontinued Operations
Total Current Liabilities	54,180	50,321	53,933	46,282	54,170	55,802
Total Current Liabilities
Long-Term Debt	39,235	30,651	31,636	25,881	33,901	26,886
Long-Term Debt
Other Long-Term Liabilities	21,501	27,642	23,981	26,621	27,206	27,886
Deferred Taxes on Income
Employee Related Obligations
Long-Term Taxes Payable
Other Liabilities
Noncurrent Liabilities of Discontinued Operations
Total Long-Term Liabilities	60,736	58,293	55,617	52,502	61,107	54,772
Total Liabilities	114,916	108,614	109,550	98,784	115,277	110,574
Total Liabilities

Equity	Jun '25	Dec '24	Jun '24	Dec '23	Jul '23	Jan '23
Common Stock	3,120	3,120	3,120	3,120	3,120	3,120
Common Stock
Treasury Stock	-75,713	-75,680	-75,689	-75,662	-44,217	-41,694
Less: Common Stock Held in Treasury, at Cost
Accumulated Other Comprehensive Income	-14,305	-11,741	-11,253	-12,527	-13,135	-12,967
Accumulated Other Comprehensive Income (Loss)
Retained Earnings	165,371	155,791	155,360	153,843	129,381	128,345
Retained Earnings and Additional Paid-in Capital
Total Common Shareholders' Equity	78,473	71,490	71,538	68,774	75,149	76,804
Total Shareholders' Equity
Minority Interests and Other	—	—	—	—	1,260	—
Equity Attributable to Non-Controlling Interest
Total Shareholders' Equity	78,473	71,490	71,538	68,774	76,409	76,804
Total Equity
Total Liabilities and Shareholders' Equity	193,389	180,104	181,088	167,558	191,686	187,378
Total Liabilities and Shareholders' Equity