Johnson & Johnson
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $26.80B | $14.07B | $35.15B | $20.88B | $14.71B | $15.12B | $15.30B | $1.30B |
| Depreciation & Amortization | $7.50B | $7.34B | $7.49B | $7.39B | $7.23B | $7.01B | $6.93B | $5.64B |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $4.60B | $4.50B | $4.50B | $4.20B | $4.70B | $4.50B | $4.40B | $3.00B |
| Stock-Based Compensation | $1.35B | $1.18B | $1.16B | $1.14B | $1.01B | $977.0M | $978.0M | $962.0M |
| Net Cash from Operating Activities | $24.53B | $24.27B | $22.79B | $23.41B | $23.54B | $23.42B | $22.20B | $21.06B |
| Investing Activities | ||||||||
| Capital Expenditures | $4.83B | $4.42B | $4.54B | $3.65B | $3.35B | $3.50B | $3.67B | $3.28B |
| Business Acquisitions | $17.54B | $15.15B | $0 | $60.0M | $7.32B | $5.81B | $899.0M | $35.15B |
| Net Cash from Investing Activities | $-23.59B | $-18.60B | $878.0M | $-8.68B | $-20.83B | $-6.19B | $-3.17B | $-14.87B |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $5.95B | $2.43B | $5.05B | $3.46B | $3.22B | $6.75B | $5.87B | $6.36B |
| Net Cash from Financing Activities | $-5.54B | $-3.13B | $-15.83B | $-14.05B | $-6.12B | $-18.02B | $-18.51B | $-7.67B |
| Net Change in Cash | $-4.40B | $2.25B | $7.73B | $502.0M | $-3.32B | $-802.0M | $283.0M | $-1.15B |
| Free Cash Flow | $19.70B | $19.84B | $18.25B | $19.76B | $20.19B | $19.92B | $18.53B | $17.78B |