Johnson and Johnson 2013 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 29, 2013 and December 30,
2012.
Consumer Segment
(Dollars in Millions)
Balance at
Beginning of
Period Accruals
Payments/
Credits
Balance at
End of
Period
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
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
(1) Includes reserve for customer rebates of $32 million at December 29, 2013 and $33 million at December 30, 2012, recorded as a
contra asset.
Pharmaceutical Segment
(Dollars in Millions)
Balance at
Beginning of
Period Accruals
Payments/
Credits
Balance at
End of
Period
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
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
(1) Includes reserve for customer rebates of $295 million at December 29, 2013 and $269 million at December 30, 2012, recorded as a
contra asset.
Johnson & Johnson 2013 Annual Report •15