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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 31,104 31,104        
Cash dividends paid (8,905) (8,905)        
Employee compensation and stock option plans 1,892 (435)     2,327  
Repurchase of common stock (4,838)       (4,838)  
Other (25)       (25)  
Kenvue Separation / IPO (23,810) 2,427 5,181   (31,418) 0
Other comprehensive income (loss), net of tax (994)   (994)      
Ending balance at Oct. 01, 2023 71,228 152,536 (8,780) 3,120 (75,648) 0
Beginning balance at Jul. 02, 2023 76,409 129,381 (13,135) 3,120 (44,217) 1,260
Net earnings 26,028 26,028        
Cash dividends paid (2,871) (2,871)        
Employee compensation and stock option plans 948 41     907  
Repurchase of common stock (920)       (920)  
Kenvue Separation / IPO (28,088) (43) 4,633   (31,418) (1,260)
Other comprehensive income (loss), net of tax (278)   (278)      
Ending balance at Oct. 01, 2023 71,228 152,536 (8,780) 3,120 (75,648) $ 0
Beginning balance at Dec. 31, 2023 68,774 153,843 (12,527) 3,120 (75,662)  
Net earnings 10,635 10,635        
Cash dividends paid (8,839) (8,839)        
Employee compensation and stock option plans 1,732 (460)     2,192  
Repurchase of common stock (2,150)       (2,150)  
Other 1       1  
Other comprehensive income (loss), net of tax 5   5      
Ending balance at Sep. 29, 2024 70,158 155,179 (12,522) 3,120 (75,619)  
Beginning balance at Jun. 30, 2024 71,538 155,360 (11,253) 3,120 (75,689)  
Net earnings 2,694 2,694        
Cash dividends paid (2,985) (2,985)        
Employee compensation and stock option plans 717 110     607  
Repurchase of common stock (539)       (539)  
Other 2       2  
Other comprehensive income (loss), net of tax (1,269)   (1,269)      
Ending balance at Sep. 29, 2024 $ 70,158 $ 155,179 $ (12,522) $ 3,120 $ (75,619)