Johnson & Johnson debt and dilution71

Borrowings, liquidity, share count and stock-based dilution.

Total debt

USD millions

—

Cash & equivalents

USD millions

$20,422M

Net debt

USD millions

—

Debt / equity

—

Debt / assets

—

Net debt / EBITDA

× · TTM

—

Debt / FCF

× · TTM

—

Interest coverage

× · TTM

—

Current ratio

1.09×

Diluted shares

Million shares

2,440.1M shares

Basic shares

Million shares

2,407.4M shares

Share count growth

0.05%

Share repurchases

USD millions

$221M

Quarterly data

Johnson & Johnson capital history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal period	Ended	Total debtUSD millions	Cash & equivalentsUSD millions	Net debtUSD millions	Debt / equity×	Debt / assets%	Net debt / EBITDA×	Debt / FCF×	Interest coverage×	Current ratio×	Diluted sharesMillion shares	Basic sharesMillion shares	Share count growth%	Share repurchasesUSD millions
FY 2026 Q2	Jun 28, 2026	—	20,422	—	—	—	—	—	—	1.09×	2,440.1	2,407.4	0.05%	221
FY 2026 Q1	Mar 29, 2026	—	21,688	—	—	—	—	—	—	1.03×	2,445.2	2,408.7	0.06%	4,028
FY 2025 Q4	Dec 28, 2025	47,938	19,709	28,229	0.59×	24.06%	—	2.43×	—	1.03×	2,443.2	2,407.7	0.03%	1,924
FY 2025 Q3	Sep 28, 2025	—	18,231	—	—	—	—	—	—	1.07×	2,428.6	2,408.3	0.05%	1,902
FY 2025 Q2	Jun 29, 2025	—	18,577	—	—	—	—	—	—	1.01×	2,419.1	2,406.3	-0.02%	0
FY 2025 Q1	Mar 30, 2025	—	38,474	—	—	—	—	—	—	1.26×	2,423.8	2,407.2	-0.04%	2,127
FY 2024 Q4	Dec 29, 2024	36,651	24,105	12,546	0.51×	20.35%	—	1.85×	—	1.11×	2,429.1	2,407	-0.01%	282
FY 2024 Q3	Sep 29, 2024	—	19,980	—	—	—	—	—	—	1.03×	2,427.9	2,407.2	-4.59%	539
FY 2024 Q2	Jun 30, 2024	—	24,878	—	—	—	—	—	—	1.07×	2,422	2,406.8	-7.37%	136
FY 2024 Q1	Mar 31, 2024	—	25,473	—	—	—	—	—	—	1.17×	2,430.1	2,408.2	-7.57%	1,475
FY 2023 Q4	Dec 31, 2023	29,381	21,859	7,522	0.43×	17.53%	—	1.61×	—	1.16×	2,431.4	2,407.2	-7.91%	216
FY 2023 Q3	Oct 1, 2023	—	19,728	—	—	—	—	—	—	1.21×	2,549.7	2,522.9	-4%	920
FY 2023 Q2	Jul 2, 2023	—	21,183	—	—	—	—	—	—	1.12×	2,625.7	2,598.4	-1.19%	381
FY 2023 Q1	Apr 2, 2023	—	19,170	—	—	—	—	—	—	1.07×	2,605.5	2,605.5	-0.9%	3,537
FY 2022 Q4	Jan 1, 2023	39,688	14,127	25,561	0.52×	21.18%	—	2.31×	—	0.99×	2,653.1	2,614.1	-0.67%	1,320
FY 2022 Q3	Oct 2, 2022	—	11,355	—	—	—	—	—	—	1.43×	2,661.3	2,627.9	-0.18%	2,165
FY 2022 Q2	Jul 3, 2022	—	10,983	—	—	—	—	—	—	1.42×	2,667.9	2,629.6	-0.11%	973
FY 2022 Q1	Apr 3, 2022	—	10,463	—	—	—	—	—	—	1.39×	2,666.5	2,629.2	-0.09%	1,577
FY 2021 Q4	Jan 2, 2022	33,785	14,487	19,298	0.46×	18.56%	—	1.71×	—	1.35×	2,672.2	2,631.8	-0.02%	996
FY 2021 Q3	Oct 3, 2021	—	17,604	—	—	—	—	—	—	1.34×	2,674.9	2,632.6	0%	391
FY 2021 Q2	Jul 4, 2021	—	14,332	—	—	—	—	—	—	1.39×	2,671.6	2,632.5	-0.02%	631
FY 2021 Q1	Apr 4, 2021	—	12,671	—	—	—	—	—	—	1.28×	2,672.7	2,631.6	-0.08%	1,438
FY 2020 Q4	Jan 3, 2021	35,235	13,985	21,250	0.56×	20.15%	—	1.75×	—	1.21×	2,670.42	2,632.24	0.01%	321
FY 2020 Q3	Sep 27, 2020	—	18,965	—	—	—	—	—	—	1.48×	2,669.3	2,632.5	-0.1%	483
FY 2020 Q2	Jun 28, 2020	—	11,174	—	—	—	—	—	—	1.25×	2,665.5	2,632.9	-0.74%	706
FY 2020 Q1	Mar 29, 2020	—	15,530	—	—	—	—	—	—	1.31×	2,671	2,633.7	-1.02%	1,711
FY 2019 Q4	Dec 29, 2019	27,694	17,305	10,389	0.47×	17.56%	—	1.39×	—	1.26×	2,672.9	2,631.9	-1.73%	426
FY 2019 Q3	Sep 29, 2019	—	16,249	—	—	—	—	—	—	1.26×	2,669.9	2,635.2	-1.79%	1,628
FY 2019 Q2	Jun 30, 2019	—	14,376	—	—	—	—	—	—	1.33×	2,691.7	2,652.5	-1.11%	2,486
FY 2019 Q1	Mar 31, 2019	—	14,734	—	—	—	—	—	—	1.44×	2,698.8	2,660.8	-0.8%	2,206
FY 2018 Q4	Dec 30, 2018	30,484	18,107	12,377	0.51×	19.93%	—	1.65×	—	1.47×	2,726	2,678.2	-0.25%	3,808
FY 2018 Q3	Sep 30, 2018	—	16,056	—	—	—	—	—	—	1.72×	2,727.6	2,683.2	-0.05%	471
FY 2018 Q2	Jul 1, 2018	—	17,569	—	—	—	—	—	—	1.65×	2,721.3	2,682.3	-0.36%	145
FY 2018 Q1	Apr 1, 2018	—	14,639	—	—	—	—	—	—	1.58×	2,731.9	2,682.2	-0.9%	1,444
FY 2017 Q4	Dec 31, 2017	34,575	17,824	16,751	0.57×	21.98%	—	1.94×	—	1.41×	2,742	2,684.8	-1.09%	815
FY 2017 Q3	Oct 1, 2017	—	15,721	—	—	—	—	—	—	1.32×	2,737.7	2,684.6	-1.72%	311
FY 2017 Q2	Jul 2, 2017	—	12,598	—	—	—	—	—	—	1.34×	2,741.5	2,691.9	-1.95%	1,890
FY 2017 Q1	Apr 2, 2017	—	20,909	—	—	—	—	—	—	2.52×	2,754.5	2,706.6	-1.84%	3,342
FY 2016 Q4	Jan 1, 2017	27,142	18,972	8,170	0.39×	19.22%	—	1.75×	—	2.47×	2,765.8	2,714.5	-1.77%	2,025
FY 2016 Q3	Oct 2, 2016	—	18,205	—	—	—	—	—	—	2.73×	2,785.4	2,731.6	-1.33%	2,203
FY 2016 Q2	Jul 3, 2016	—	18,640	—	—	—	—	—	—	3.08×	2,794.2	2,745.4	-0.97%	2,362
FY 2016 Q1	Apr 3, 2016	—	13,861	—	—	—	—	—	—	2.83×	2,795.4	2,757.2	-0.91%	2,389
FY 2015 Q4	Jan 3, 2016	19,857	13,732	6,125	0.28×	14.88%	—	1.26×	—	2.17×	2,801.2	2,763.44	-1.12%	1,896
FY 2015 Q3	Sep 27, 2015	—	13,639	—	—	—	—	—	—	2.51×	2,807.2	2,768.4	-1.63%	300
FY 2015 Q2	Jun 28, 2015	—	10,639	—	—	—	—	—	—	2.49×	2,812	2,772.3	-1.91%	896
FY 2015 Q1	Mar 29, 2015	—	11,988	—	—	—	—	—	40.69×	2.44×	2,826	2,782.6	-1.56%	2,198
FY 2014 Q4	Dec 28, 2014	18,722	14,523	4,199	0.27×	14.28%	0.16×	1.27×	40.51×	2.36×	2,842	2,794.8	-0.89%	2,743
FY 2014 Q3	Sep 28, 2014	—	13,818	—	—	—	—	—	40.94×	2.61×	2,864.3	2,814.4	-0.14%	2,415
FY 2014 Q2	Jun 29, 2014	—	14,236	—	—	—	—	—	36.65×	2.47×	2,874.2	2,826.4	0.59%	1,192
FY 2014 Q1	Mar 30, 2014	—	19,722	—	—	—	—	—	35.66×	2.41×	2,874.7	2,826.8	1.31%	774
FY 2013 Q4	Dec 29, 2013	18,228	20,927	-2,699	0.25×	13.74%	-0.13×	1.32×	34.05×	2.2×	2,871	2,820	1.74%	488
FY 2013 Q3	Sep 29, 2013	—	17,204	—	—	—	—	—	36.74×	2.02×	2,881.2	2,818.4	2.21%	3,050
FY 2013 Q2	Jun 30, 2013	—	17,307	—	—	—	—	—	34.37×	2.16×	2,893	2,809.7	2.27%	0
FY 2013 Q1	Mar 31, 2013	—	14,855	—	—	—	—	—	28.05×	2.1×	2,858.8	2,790.2	1.95%	0
FY 2012 Q4	Dec 30, 2012	16,189	14,911	1,278	0.25×	13.34%	0.07×	1.3×	28.11×	1.9×	2,835.4	2,771.9	1.59%	0
FY 2012 Q3	Sep 30, 2012	—	15,486	—	—	—	—	—	20.5×	1.87×	2,818.1	2,757.4	0.75%	0
FY 2012 Q2	Jul 1, 2012	—	14,042	—	—	—	—	—	21.89×	1.75×	2,798.2	2,747.4	0.25%	12,852
FY 2012 Q1	Apr 1, 2012	—	30,267	—	—	—	—	—	23.89×	2.69×	2,774.9	2,736.9	-0.05%	67
FY 2011 Q4	Jan 1, 2012	19,669	24,542	-4,873	0.34×	17.31%	-0.29×	1.72×	24.11×	2.38×	2,768.4	2,728.5	-0.53%	853
FY 2011 Q3	Oct 2, 2011	—	15,617	—	—	—	—	—	29.31×	2.46×	2,778.2	2,737	-0.53%	743
FY 2011 Q2	Jul 3, 2011	—	14,974	—	—	—	—	—	30.26×	2.51×	2,781.3	2,740.5	-0.58%	494
FY 2011 Q1	Apr 3, 2011	—	22,356	—	—	—	—	—	33.83×	2.05×	2,772.7	2,738.4	-0.62%	435
FY 2010 Q4	Jan 2, 2011	16,756	19,355	-2,599	0.3×	16.28%	-0.13×	1.2×	38.9×	2.05×	2,779.2	2,743	-0.55%	1,285
FY 2010 Q3	Oct 3, 2010	—	14,338	—	—	—	—	—	—	2.45×	2,786.4	2,751.6	-0.17%	732
FY 2010 Q2	Jul 4, 2010	—	12,713	—	—	—	—	—	—	2.27×	2,796	2,756.6	0.01%	397
FY 2010 Q1	Apr 4, 2010	—	13,743	—	—	—	—	—	—	2.1×	2,797.3	2,755.4	—	383
FY 2009 Q4	Jan 3, 2010	14,575	15,810	-1,235	0.29×	15.39%	-0.06×	1.03×	36.77×	1.82×	2,792.44	2,758.11	—	958
FY 2009 Q3	Sep 27, 2009	—	11,856	—	—	—	—	—	—	1.85×	2,793	2,756.3	—	49
FY 2009 Q2	Jun 28, 2009	—	11,686	—	—	—	—	—	—	1.78×	2,782	2,756.2	—	289

Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.

Market prices: Yahoo Finance · JNJ, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

Total debt: Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
Cash & equivalents: Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
Net debt: Total debt − cash and equivalents. Negative means net cash.
Debt / equity: Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
Debt / assets: Total debt / total assets × 100.
Net debt / EBITDA: Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
Debt / FCF: Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
Interest coverage: TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
Current ratio: Current assets / positive current liabilities.
Diluted shares: Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
Basic shares: Reported weighted average basic shares, normalized for subsequent recorded stock splits.
Share count growth: Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
Share repurchases: Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.

SEC company facts · CIK 200406