Johnson and Johnson 2012 Annual Report Download - page 23

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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 30, 2012 and January 1, 2012.
Consumer Segment
(Dollars in Millions)
Balance at
Beginning of
Period Accruals
Payments/
Credits
Balance at
End of
Period
2012
Accrued rebates(1) $127 438 (433) 132
Accrued returns 114 131 (137) 108
Accrued promotions 240 1,392 (1,351) 281
Subtotal $481 1,961 (1,921) 521
Reserve for doubtful accounts 43 6 (11) 38
Reserve for cash discounts 22 214 (215) 21
Total $546 2,181 (2,147) 580
2011
Accrued rebates(1) $131 346 (350) 127
Accrued returns 145 103 (134) 114
Accrued promotions 294 1,520 (1,574) 240
Subtotal $570 1,969 (2,058) 481
Reserve for doubtful accounts 57 3 (17) 43
Reserve for cash discounts 21 226 (225) 22
Total $648 2,198 (2,300) 546
(1) Includes reserve for customer rebates of $33 million at December 30, 2012 and $34 million at January 1, 2012, recorded as a contra
asset.
Pharmaceutical Segment
(Dollars in Millions)
Balance at
Beginning of
Period Accruals
Payments/
Credits
Balance at
End of
Period
2012
Accrued rebates(1) $1,591 4,732 (4,556) 1,767
Accrued returns 384 49 (36) 397
Accrued promotions 83 142 (131) 94
Subtotal $2,058 4,923 (4,723) 2,258
Reserve for doubtful accounts 157 47 (13) 191
Reserve for cash discounts 45 425 (408) 62
Total $2,260 5,395 (5,144) 2,511
2011
Accrued rebates(1) $1,520 4,732 (4,661) 1,591
Accrued returns 294 105 (15) 384
Accrued promotions 83 187 (187) 83
Subtotal $1,897 5,024 (4,863) 2,058
Reserve for doubtful accounts 145 20 (8) 157
Reserve for cash discounts 54 392 (401) 45
Total $2,096 5,436 (5,272) 2,260
(1) Includes reserve for customer rebates of $269 million at December 30, 2012 and $298 million at January 1, 2012, recorded as a
contra asset.
Johnson & Johnson 2012 Annual Report •15