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Consolidated Statements of Equity - USD ($)
$ in Millions
Total
Retained Earnings and Additional Paid-in Capital
Accumulated Other Comprehensive Income (AOCI)
Common Stock Issued Amount
Treasury Stock Amount
Non-Controlling interest (NCI)
Beginning balance at Jan. 01, 2023 $ 76,804 $ 128,345 $ (12,967) $ 3,120 $ (41,694) $ 0
Net earnings 5,076 5,076        
Cash dividends paid (6,034) (6,034)        
Employee compensation and stock option plans 944 (476)     1,420  
Repurchase of common stock (3,918)       (3,918)  
Other (25)       (25)  
Kenvue IPO 4,278 2,470 548     1,260
Other comprehensive income (loss), net of tax (716)   (716)      
Ending balance at Jul. 02, 2023 76,409 129,381 (13,135) 3,120 (44,217) 1,260
Beginning balance at Apr. 02, 2023 70,869 124,558 (12,626) 3,120 (44,183) 0
Net earnings 5,144 5,144        
Cash dividends paid (3,092) (3,092)        
Employee compensation and stock option plans 649 301     348  
Repurchase of common stock (381)       (381)  
Other (1) 0     (1)  
Kenvue IPO 4,278 2,470 548     1,260
Other comprehensive income (loss), net of tax (1,057)   (1,057)      
Ending balance at Jul. 02, 2023 76,409 129,381 (13,135) 3,120 (44,217) $ 1,260
Beginning balance at Dec. 31, 2023 68,774 153,843 (12,527) 3,120 (75,662)  
Net earnings 7,941 7,941        
Cash dividends paid (5,854) (5,854)        
Employee compensation and stock option plans 1,015 (570)     1,585  
Repurchase of common stock (1,611)       (1,611)  
Other (1)       (1)  
Other comprehensive income (loss), net of tax 1,274   1,274      
Ending balance at Jun. 30, 2024 71,538 155,360 (11,253) 3,120 (75,689)  
Beginning balance at Mar. 31, 2024 70,020 153,378 (10,768) 3,120 (75,710)  
Net earnings 4,686 4,686        
Cash dividends paid (2,985) (2,985)        
Employee compensation and stock option plans 438 281     157  
Repurchase of common stock (136)       (136)  
Other comprehensive income (loss), net of tax (485)   (485)      
Ending balance at Jun. 30, 2024 $ 71,538 $ 155,360 $ (11,253) $ 3,120 $ (75,689)