Johnson and Johnson 2015 Annual Report Download - page 36

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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 January 3, 2016 and December 28, 2014.
Consumer Segment
(Dollars in Millions)
Balance at
Beginning of
Period Accruals
Payments/
Credits
Balance at
End of
Period
2015
Accrued rebates (1) $122 581 (564) 139
Accrued returns 77 84 (107) 54
Accrued promotions 241 1,846 (1,675) 412
Subtotal $440 2,511 (2,346) 605
Reserve for doubtful accounts 18 5 (5) 18
Reserve for cash discounts 22 206 (211) 17
Total $480 2,722 (2,562) 640
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
(1) Includes reserve for customer rebates of $31 million at January 3, 2016 and $37 million at December 28, 2014, recorded as a contra
asset.
Pharmaceutical Segment
(Dollars in Millions)
Balance at
Beginning of
Period Accruals
Payments/
Credits
Balance at
End of
Period
2015
Accrued rebates (1) $2,717 10,449 (9,715) 3,451
Accrued returns 422 52 (70) 404
Accrued promotions 34 127 (150) 11
Subtotal $3,173 10,628 (9,935) 3,866
Reserve for doubtful accounts 41 30 (25) 46
Reserve for cash discounts 51 625 (613) 63
Total $3,265 11,283 (10,573) 3,975
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
(1) Includes reserve for customer rebates of $64 million at January 3, 2016 and $70 million* at December 28, 2014, recorded as a
contra asset. *Prior year amount has been reclassified to conform to current year presentation.
24 •Johnson & Johnson 2015 Annual Report