X0201 42004-01-21 0000200406 JOHNSON & JOHNSON JNJ 0001189009 LENEHAN JAMES T JOHNSON & JOHNSON ONE JOHNSON & JOHNSON PLAZA NEW BRUNSWICK NJ 08933 1100Vice ChairmanCommon2004-01-214M023080013.41A430172DCommon2004-01-214S01570051.64D414472DCommon2004-01-214S03760051.62D376872DCommon2004-01-214S017750051.60D199372DCommon8509I401 (k) and ESOP Savings PlansCommon1475IIn Custody for SonPhantom Stock Units0Common13926DEmployee Stock Option (Right to Buy)13.412004-01-214M023080013.41D1996-12-012004-12-01Common2308000DAdjusted to reflect two-for-one stock splits in 1996 and 2001.Shares held under Johnson & Johnson's 401(k) and ESOP Savings Plans as of 12/31/2003.Held in custody for son. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.The Phantom Stock converts into common stock on a one-for-one basis.The Phantom Stock Units held under the Issuer's Executive Income Deferral Plan as of December 31, 2003 are to be settled in cash upon the Reporting Person's Retirement.Awarded under Issuer's Stock Option Plan and exercisable in increments of 20% per year starting two years from date of grant.M. H. Ullmann attorney-in-fact for J. T. Lenehan2004-01-21