Johnson and Johnson 2013 Annual Report Download - page 11

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MANAGEMENT’S DISCUSSION AND ANALYSIS OF RESULTS
OF OPERATIONS AND FINANCIAL CONDITION
Organization and Business Segments 2
Results of Operations 3
Analysis of Sales by Business Segments 4
Analysis of Consolidated Earnings Before Provision for Taxes on Income 8
Liquidity and Capital Resources 11
Other Information 14
Cautionary Factors That May Affect Future Results 19
AUDITED CONSOLIDATED FINANCIAL STATEMENTS
Consolidated Balance Sheets 20
Consolidated Statements of Earnings 21
Consolidated Statements of Comprehensive Income 22
Consolidated Statements of Equity 23
Consolidated Statements of Cash Flows 24
Notes to Consolidated Financial Statements 25
Report of Independent Registered Public Accounting Firm 68
Management’s Report on Internal Control Over Financial Reporting 69
SUPPORTING SCHEDULES
Summary of Operations and Statistical Data 2003 – 2013 70
Shareholder Return Performance Graphs 71
Reconciliation of Non-GAAP Financial Measures 72
Johnson & Johnson 2013 Annual Report •1