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Business Combinations and Divestitures (Tables)
12 Months Ended
Dec. 30, 2012
Business Acquisition [Line Items]  
Business Acquisition, Pro Forma Information [Table Text Block]
The following table provides pro forma results of operations for the fiscal year ended December 30, 2012 and January 1, 2012, as if Synthes, Inc. had been acquired as of January 3, 2011. The pro forma results include the effect of divestitures and certain purchase accounting adjustments such as the estimated changes in depreciation and amortization expense on the acquired tangible and intangible assets. However, pro forma results do not include any anticipated cost savings or other effects of the integration of Synthes, Inc. Accordingly, such amounts are not necessarily indicative of the results if the acquisition had occurred on the dates indicated or which may occur in the future.
 
Unaudited Pro forma consolidated results
(Dollars in Millions Except Per Share Amounts)
2012
2011
 
 
 
Net Sales
$
68,894

68,741

Net Earnings attributable to Johnson & Johnson
$
11,564

9,427

Diluted Net Earnings per share attributable to Johnson & Johnson
$
4.11

3.40

Business Acquisition, Schedule of Consideration Transferred [Table Text Block]
The following table summarizes the consideration transferred to acquire Synthes, Inc. valued on the acquisition date of June 14, 2012:

(Dollars in Millions)
 
 
Cash (multiply 55.65CHF by shares of Synthes common stock outstanding by the exchange rate)(A)
 
$
6,902

Common Stock (multiply 1.717 by shares of Synthes common stock outstanding by J&J stock price)(B)
 
$
13,335

Total fair value of consideration transferred
 
$
20,237


(A) Synthes common stock outstanding of 118.7 million shares as of the acquisition date and CHF/USD exchange rate of .95674

(B) Johnson & Johnson closing stock price on the New York Stock Exchange as of acquisition date of $65.45 per share.
Schedule of Purchase Price Allocation [Table Text Block]
The following table presents the amounts recognized for assets acquired and liabilities assumed as of the acquisition date, as well as the adjustments made up to December 30, 2012:

(Dollars in Millions)
June 14, 2012
December 30, 2012
Cash & Cash equivalents
$
2,749

2,749

Inventory
889

1,194

Accounts Receivable, net
738

738

Other current assets
249

238

Property, plant and equipment
1,253

1,253

Goodwill
5,371

6,011

Intangible assets
12,929

12,861

Other non-current assets
46

46

Total Assets Acquired
24,224

25,090

 
 
 
Current liabilities
825

1,053

Deferred Taxes
2,731

3,471

Other non-current liabilities
431

329

Total Liabilities Assumed
3,987

4,853

 
 
 
Net Assets Acquired
$
20,237

20,237


Schedule Of Intangible Assets Acquired [Table Text Block]
The purchase price allocation to the identifiable intangible assets included in the June 14, 2012 and December 30, 2012 balance sheets were as follows:

(Dollars in Millions)
 
June 14, 2012
December 30, 2012
Intangible assets with definite lives:
 
 
 
Customer relationships
 
$
9,950

9,870

Patents and technology
 
1,495

1,508

Total amortizable intangibles
 
11,445

11,378

 
 
 
 
Trademark and Trade name
 
1,420

1,420

In-process research and development
 
64

63

Total intangible assets
 
$
12,929

12,861