Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - JOHNSON & JOHNSON | Financial_Report.xls |
| EX-99 - EX-99 - JOHNSON & JOHNSON | y80744exv99.htm |
| EX-21 - EX-21 - JOHNSON & JOHNSON | y80744exv21.htm |
| EX-13 - EX-13 - JOHNSON & JOHNSON | y80744exv13.htm |
| EX-31.A - EX-31.A - JOHNSON & JOHNSON | y80744exv31wa.htm |
| EX-32.A - EX-32.A - JOHNSON & JOHNSON | y80744exv32wa.htm |
| EX-32.B - EX-32.B - JOHNSON & JOHNSON | y80744exv32wb.htm |
| EX-10.W - EX-10.W - JOHNSON & JOHNSON | y80744exv10ww.htm |
| EX-31.B - EX-31.B - JOHNSON & JOHNSON | y80744exv31wb.htm |
| 10-K - FORM 10-K - JOHNSON & JOHNSON | y80744e10vk.htm |
| EX-23 - EX-23 - JOHNSON & JOHNSON | y80744exv23.htm |
EXHIBIT 12
JOHNSON
& JOHNSON AND SUBSIDIARIES
STATEMENT
OF COMPUTATION OF RATIO OF EARNINGS TO FIXED
CHARGES(1)
(Dollars
in Millions)
| Fiscal Year Ended | ||||||||||||||||||||
|
January 3, |
December 28, |
December 30, |
December 31, |
January 1, |
||||||||||||||||
| 2010 | 2008 | 2007 | 2006 | 2006 | ||||||||||||||||
|
Determination of Earnings:
|
||||||||||||||||||||
|
Earnings Before Provision for Taxes on Income
|
$ | 15,755 | $ | 16,929 | $ | 13,283 | $ | 14,587 | $ | 13,116 | ||||||||||
|
Fixed Charges, less Capitalized Interest
|
558 | 538 | 397 | 158 | 137 | |||||||||||||||
|
Total Earnings as Defined
|
$ | 16,313 | $ | 17,467 | $ | 13,680 | $ | 14,745 | $ | 13,253 | ||||||||||
|
Fixed Charges:
|
||||||||||||||||||||
|
Estimated Interest Portion of Rent Expense
|
107 | 103 | 101 | 95 | 83 | |||||||||||||||
|
Interest Expensed and Capitalized
|
552 | 583 | 426 | 181 | 165 | |||||||||||||||
|
Total Fixed Charges
|
$ | 659 | $ | 686 | $ | 527 | $ | 276 | $ | 248 | ||||||||||
|
Ratio of Earnings to Fixed Charges
|
24.75 | 25.46 | 25.96 | 53.42 | 53.44 | |||||||||||||||
| (1) | The ratio of earnings to fixed charges is computed by dividing the sum of earnings before provision for taxes on income and fixed charges by fixed charges. Fixed charges represent interest expense (before interest is capitalized), amortization of debt discount and an appropriate interest factor on operating leases. |