Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2012

Earnings Per Share [Abstract]

Reconciliation of basic net earnings per share to diluted net earnings per share

The following is a reconciliation of basic net earnings per share to diluted net earnings per share for the fiscal third quarters ended September 30, 2012 and October 2, 2011:

	Fiscal Third Quarters Ended
(Shares in Millions)	September 30, 2012			October 2, 2011
Basic net earnings per share attributable to Johnson & Johnson	$	1.08		$	1.17
Average shares outstanding — basic	2,757.4			2,737.0
Potential shares exercisable under stock option plans	181.6			165.0
Less: shares which could be repurchased under treasury stock method	(141.5		)	(127.4		)
Convertible debt shares	3.6			3.6
Accelerated share repurchase program	17.0			—
Average shares outstanding — diluted	2,818.1			2,778.2
Diluted earnings per share attributable to Johnson & Johnson	$	1.05		$	1.15

The following is a reconciliation of basic net earnings per share to diluted net earnings per share for the fiscal nine months ended September 30, 2012 and October 2, 2011:

	Fiscal Nine Months Ended
(Shares in Millions)	September 30, 2012			October 2, 2011
Basic net earnings per share attributable to Johnson & Johnson	$	3.02		$	3.45
Average shares outstanding — basic	2,747.1			2,738.5
Potential shares exercisable under stock option plans	181.5			164.7
Less: shares which could be repurchased under treasury stock method	(144.2		)	(129.2		)
Convertible debt shares	3.6			3.6
Accelerated share repurchase program	17.0			—
Average shares outstanding — diluted	2,805.0			2,777.6
Diluted earnings per share attributable to Johnson & Johnson	$	2.96		$	3.40