Johnson and Johnson 2014 Annual Report Download - page 25

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Below are tables that show the progression of accrued rebates, returns, promotions, reserve for doubtful accounts and
reserve for cash discounts by segment of business for the fiscal years ended December 28, 2014 and December 29, 2013.
Consumer Segment
(Dollars in Millions)
Balance at
Beginning of
Period Accruals
Payments/
Credits
Balance at
End of
Period
2014
Accrued rebates(1) $137 619 (634) 122
Accrued returns 80 102 (105) 77
Accrued promotions 321 1,850 (1,930) 241
Subtotal $538 2,571 (2,669) 440
Reserve for doubtful accounts 25 5 (12) 18
Reserve for cash discounts 24 215 (217) 22
Total $587 2,791 (2,898) 480
2013
Accrued rebates(1) $132 524 (519) 137
Accrued returns 108 94 (122) 80
Accrued promotions 281 1,478 (1,438) 321
Subtotal $521 2,096 (2,079) 538
Reserve for doubtful accounts 38 8 (21) 25
Reserve for cash discounts 21 232 (229) 24
Total $580 2,336 (2,329) 587
(1) Includes reserve for customer rebates of $37 million at December 28, 2014 and $32 million at December 29, 2013, recorded as a
contra asset.
Pharmaceutical Segment
(Dollars in Millions)
Balance at
Beginning of
Period Accruals
Payments/
Credits
Balance at
End of
Period
2014
Accrued rebates(1) $1,985 7,652 (6,920) 2,717
Accrued returns 372 83 (33) 422
Accrued promotions 96 34 (96) 34
Subtotal $2,453 7,769 (7,049) 3,173
Reserve for doubtful accounts 95 4 (58) 41
Reserve for cash discounts 61 576 (586) 51
Total $2,609 8,349 (7,693) 3,265
2013
Accrued rebates(1) $1,767 5,774 (5,556) 1,985
Accrued returns 397 30 (55) 372
Accrued promotions 94 89 (87) 96
Subtotal $2,258 5,893 (5,698) 2,453
Reserve for doubtful accounts 191 26 (122) 95
Reserve for cash discounts 62 471 (472) 61
Total $2,511 6,390 (6,292) 2,609
(1) Includes reserve for customer rebates of $297 million at December 28, 2014 and $295 million at December 29, 2013, recorded as a
contra asset.
Johnson & Johnson 2014 Annual Report •15