Johnson and Johnson 2008 Annual Report Download - page 48

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Consolidated Statements of Equity Johnson & Johnson and Subsidiaries
Accumulated
Other Treasury
Comprehensive Retained Comprehensive Common Stock Stock
(Dollars in Millions) (Note 1) Total Income Earnings Income Issued Amount Amount
46 JOHNSON & JOHNSON 2008 ANNUAL REPORT
Balance, January 1, 2006 $38,710 42,310 (755) 3,120 (5,965)
Net earnings 11,053 11,053 11,053
Cash dividends paid (4,267) (4,267)
Employee compensation
and stock option plans 1,858 181 1,677
Conversion of subordinated debentures 26 (10) 36
Repurchase of common stock (6,722) (6,722)
Other 23 23
Other comprehensive income, net of tax:
Currency translation adjustment 362 362 362
Unrealized losses on securities (9) (9) (9)
Employee benefit plans (1,710) (34) (1,710)
Losses on derivatives & hedges (6) (6) (6)
Reclassification adjustment (9)
Total comprehensive income 11,357
Balance, December 31, 2006 $39,318 49,290 (2,118) 3,120 (10,974)
Net earnings 10,576 10,576 10,576
Cash dividends paid (4,670) (4,670)
Employee compensation
and stock option plans 2,311 131 2,180
Conversion of subordinated debentures 9 (4) 13
Repurchase of common stock (5,607) (5,607)
Adoption of FIN 48 (19) (19)
Other (24) (24)
Other comprehensive income, net of tax:
Currency translation adjustment 786 786 786
Unrealized gains on securities 23 23 23
Employee benefit plans 670 670 670
Losses on derivatives & hedges (54) (54) (54)
Reclassification adjustment (5)
Total comprehensiveincome 11,996
Balance, December 30, 2007 $43,319 55,280 (693) 3,120 (14,388)
Net earnings 12,949 12,949 12,949
Cash dividends paid (5,024) (5,024)
Employee compensation
and stock option plans 2,180 175 2,005
Conversion of subordinated debentures — (1) 1
Repurchase of common stock (6,651) (6,651)
Other comprehensive income, net of tax:
Currency translation adjustment (2,499) (2,499) (2,499)
Unrealized losses on securities (59) (59) (59)
Employee benefit plans (1,870) (1,870) (1,870)
Gains on derivatives & hedges 166 166 166
Reclassification adjustment (27)
Total comprehensive income 8,660
Balance, December 28, 2008 $42,511 63,379 (4,955) 3,120 (19,033)
See Notes toConsolidated Financial Statements