<DOCUMENT>
<TYPE>EX-99.A.IV
<SEQUENCE>6
<FILENAME>y61804exv99wawiv.txt
<DESCRIPTION>CENTOCOR QUALIFIED SAVINGS/RETIREMENT PLAN 11-K
<TEXT>
<PAGE>
                                                               Exhibit 99(a)(iv)


                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    FORM 11-K

                         ------------------------------

               [X] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE
                 SECURITIES EXCHANGE ACT OF 1934 [FEE REQUIRED]

                     For the Period Ended October 17, 2001


                                       OR

             [ ] TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE
                SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]


                          Commission File Number 1-3215

                         ------------------------------

                 CENTOCOR QUALIFIED SAVINGS AND RETIREMENT PLAN

                            (Full title of the Plan)


                                JOHNSON & JOHNSON
                           ONE JOHNSON & JOHNSON PLAZA
                         NEW BRUNSWICK, NEW JERSEY 08933

           (Name of issuer of the securities held pursuant to the Plan
               and the address of its principal executive office)
<PAGE>
Item 4. Financial Statements and Exhibits

      Report of Independent Accountants

      Financial Statements:
            Statements of Net Assets Available for Plan Benefits at October 17,
            2001 and December 31, 2000

            Statements of Changes in Net Assets Available for Plan Benefits for
            the period January 1 through October 17, 2001 and the year ended
            December 31, 2000

      Notes to Financial Statements

Consent of PricewaterhouseCoopers LLP, dated June 27, 2002


The Plan. Pursuant to the requirements of the Securities Exchange Act of 1934,
the trustees (or other persons who administer the employee benefit plan) have
duly caused this annual report to be signed on its behalf by the undersigned
hereunto duly authorized.


                           CENTOCOR QUALIFIED SAVINGS
                            AND RETIREMENT PLAN


                           By: /s/ R.J. Darretta
                               ------------------------------------
                               R. J. Darretta
                               Chairman, Pension Committee
June 25, 2002


                                       1
<PAGE>
                 CENTOCOR QUALIFIED SAVINGS AND RETIREMENT PLAN
                                -----------------


                            FINANCIAL STATEMENTS FOR
                          THE PERIOD JANUARY 1 THROUGH
                         OCTOBER 17, 2001 AND THE YEAR
                            ENDED DECEMBER 31, 2000
                                      AND
                             SUPPLEMENTAL SCHEDULE
                                 FOR THE PERIOD
                       JANUARY 1 THROUGH OCTOBER 17, 2001


<PAGE>
CENTOCOR QUALIFIED SAVINGS AND RETIREMENT PLAN
TABLE OF CONTENTS
OCTOBER 17, 2001 AND DECEMBER 31, 2000

<TABLE>
<CAPTION>
                                                                           PAGES
<S>                                                                        <C>
Report of Independent Accountants                                            1

Financial Statements:
   Statements of Net Assets Available for Plan Benefits at
     October 17, 2001 and December 31, 2000                                  2

   Statements of Changes in Net Assets Available for Plan
     Benefits for the period January 1 through
     October 17, 2001 and the year ended December 31, 2000                   3

   Notes to Financial Statements                                           4-8
</TABLE>
<PAGE>
                        REPORT OF INDEPENDENT ACCOUNTANTS


To the Participants and Administrator of the Centocor Qualified Savings
and Retirement Plan':

In our opinion, the accompanying statements of net assets available for plan
benefits and the related statements of changes in net assets available for plan
benefits present fairly, in all material respects, the net assets available for
plan benefits of the Centocor Qualified Savings and Retirement Plan (the "Plan")
as of October 17, 2001 and December 31, 2000, and the changes in net assets
available for plan benefits for the period January 1 through October 17, 2001
and the year ended December 31, 2000, in conformity with accounting principles
generally accepted in the United States of America. These financial statements
are the responsibility of the Plan's management; our responsibility is to
express an opinion on these financial statements based on our audits. We
conducted our audits of these statements in accordance with auditing standards
generally accepted in the United States of America, which require that we plan
and perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement. An audit includes examining, on a
test basis, evidence supporting the amounts and disclosures in the financial
statements, assessing the accounting principles used and significant estimates
made by management, and evaluating the overall financial statement presentation.
We believe our audits provide a reasonable basis for our opinion.

Our audits were conducted for the purpose of forming an opinion on the basic
financial statements taken as a whole. The supplemental schedule of assets held
for investment purposes is presented for the purpose of additional analysis and
is not a required part of the basic financial statements but is supplemental
information required by the Department of Labor's Rules and Regulations for
Reporting and Disclosure under the Employee Retirement Income Security Act of
1974. This supplemental schedule is the responsibility of the Plan's management.
The supplemental schedule has been subjected to the auditing procedures applied
in the audits of the basic financial statements and, in our opinion, is fairly
stated in all material respects in relation to the basic financial statements
taken as a whole.

As discussed in Note 1 to the financial statements, the Plan merged into the
Johnson and Johnson Savings Plan on October 17, 2001.



May 9, 2002


                                       1
<PAGE>
                    CENTOCOR QUALIFIED SAVINGS AND RETIREMENT PLAN
                 STATEMENTS OF NET ASSETS AVAILABLE FOR PLAN BENEFITS


<TABLE>
<CAPTION>
                                               October 17,       December 31,
                                                  2001              2000
                                               -----------       ------------
<S>                                            <C>               <C>
Assets:

      Investments at fair value                  $ ---           $52,479,036

      Receivables:
          Employer's contribution                  ---             3,948,591
          Loans from participants                  ---               623,716
                                                 -----           -----------
                                                   ---             4,572,307
                                                 -----           -----------
           Total assets                          $ ---           $57,051,343
                                                 =====           ===========


Net assets available for Plan benefits           $ ---           $57,051,343
                                                 =====           ===========
</TABLE>


See accompanying Notes to Financial Statements.


                                       2
<PAGE>
                  CENTOCOR QUALIFIED SAVINGS AND RETIREMENT PLAN
          STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR PLAN BENEFITS


<TABLE>
<CAPTION>
                                                  January 1
                                                   through       Year ended
                                                 October 17,     December 31,
                                                    2001            2000
                                               -------------    -------------
<S>                                            <C>              <C>
Additions:
    Interest and dividend income               $     527,178    $  3,198,894
    Net depreciation
     in fair value of investments                (5,057,094)     (4,751,892)

    Contributions:
       Employee                                      ---           8,605,294
       Employer                                      ---           3,948,591
       Participant rollovers into Plan               ---           3,132,956
                                               ------------     ------------
        Total additions                          (4,529,916)      14,133,843

Deductions:
    Benefits paid                                (6,481,478)     (2,556,042)
    Forfeitures                                    (630,058)        ---
                                               ------------     ------------
            Total deductions                     (7,111,536)     (2,556,042)

Other income (expense), net                            (848)             474
                                               ------------     ------------

        Net (decrease) increase                 (11,642,300)      11,578,275

Net assets available for Plan benefits:
    Beginning of year                            57,051,343       45,473,068
                                               ------------     ------------

    Transfer to J&J Savings Plan                (45,409,043)        ---
                                               ------------     ------------

    End of year                                $     ---        $ 57,051,343
                                               ============     ============
</TABLE>

See accompanying Notes to Financial Statements.


                                       3
<PAGE>
                 CENTOCOR QUALIFIED SAVINGS AND RETIREMENT PLAN
                          NOTES TO FINANCIAL STATEMENTS


NOTE 1      DESCRIPTION OF PLAN

       The following description of the Plan provides only general information.
       Participants should refer to the Plan document for a more complete
       description of the Plan's provisions.

       Plan Merger

       Effective December 31, 2000, all participants in the Plan who were
       employed by Centocor on December 31, 2000 became fully vested. All
       participant contributions were suspended. Initiation of new loans was
       suspended. The requirement that a participant must take all available
       loans under the plan before receiving his or her participant directed
       contributions in the form of a hardship withdrawal was eliminated.

       All Centocor employees employed on December 31, 2000 were eligible to
       participate in the Johnson & Johnson Savings Plan beginning January 1,
       2001.

       Effective October 17, 2001, Centocor delegated all of its powers and
       duties as the Administrator of the Plan to Johnson & Johnson. In October
       2001, Centocor transferred all assets in the Centocor Qualified Savings
       and Retirement Plan to the Johnson & Johnson Savings Plan.

       On April 26, 2001, Johnson & Johnson announced a two-for-one stock split
       to holders of record on May 22, 2001 and effective June 12, 2001. The
       stock split does not impact the value of any of the Plan's investment
       funds.

       General

       Effective January 1, 1985, Centocor, Inc. (the "Company") established the
       Plan, a defined contribution savings plan subject to the provisions of
       the Employee Retirement Income Security Act of 1974 ("ERISA").
       Substantially all U.S. employees of the Company, or any of its
       subsidiaries or affiliates, were eligible to participate in the Plan.
       Employees were able to participate as of the first date of his/her
       employment. Substantially all of the legal, accounting and administrative
       expenses associated with Plan operations were paid by the Company.

       Contributions

       Eligible employees were able to make voluntary tax-deferred contributions
       of 1 to 15 percent of their eligible cash compensation up to certain
       annual limits as prescribed by the U.S. Internal Revenue Code. Maximum
       annual contributions were able to be limited at the discretion of the
       Company.

       Employee contributions were invested as directed by the employee in any
       of the eight investment programs available under an investment contract
       with the Trustee (see Note 3). Company contributions were made
       principally in the Johnson & Johnson Common Stock Fund.


                                       4
<PAGE>
                 CENTOCOR QUALIFIED SAVINGS AND RETIREMENT PLAN
                          NOTES TO FINANCIAL STATEMENTS


       The Company was able to elect, but was not required, to make
       contributions to the Plan for the benefit of the participating employees.
       To date, contributions have been made as a percentage of the
       participants' contributions for the year, as determined by the Company's
       Board of Directors. In 2000, the Company elected to contribute an amount
       equal to 50 percent of the contributions of each employee. The Company's
       contribution was based upon annual employee contributions up to a level
       of 6 percent of their cash compensation. Additionally, in 2000, the
       Company committed to make a contribution equal to 1% of each employee's
       compensation. At December 31, 2000, 33,329 shares of the Johnson &
       Johnson Common Stock Fund, with a fair value of $99.5781 per share
       determined by the average trade price for the last twenty days in
       December of 2000 and $57 in cash was due to the Plan from the Company for
       its 2000 contribution. Participant forfeitures of $630,058 were used for
       the 2000 Company contribution.

       Participants' Accounts

       Separate accounts were maintained by the Trustee for each participant.
       Each participant's account reflected the participant's contribution, the
       Company's contribution, interest, dividends, other income, and gains or
       losses earned by each of the investment programs. Investment income was
       reinvested in the same programs.

       Participants were able to transfer all or a portion of their accounts
       among the eight investment programs available under the Plan by directly
       contacting the Trustee. The transfer would take effect immediately upon
       the participant's notification of the change.

       Vesting

       Employee contributions were fully (100%) vested and non-forfeitable.
       Employer contributions were fully vested upon death, total and permanent
       disability, or attainment of age 65; otherwise, employer contributions
       were subject to vesting percentages based on years of service, as defined
       by the Plan documents. Employee non-vested forfeitures were used by the
       Company to offset employer contributions. The amount of forfeitures for
       2001 and 2000 were $630,058 and $112,772, respectively. The employer
       contributions vesting percentages were as follows:

            Less than one year of service         0%
            One year of service                  20%
            Two years of service                 40%
            Three years of service               60%
            Four years of service                80%
            Five or more years of service       100%

       Payment of Benefits

       Benefits from the participants' vested accounts were normally payable to
       Plan participants upon retirement, death, termination of Company
       employment or total and permanent disability.


                                       5
<PAGE>
                 CENTOCOR QUALIFIED SAVINGS AND RETIREMENT PLAN
                          NOTES TO FINANCIAL STATEMENTS


       A participant, while still an employee, generally was able to withdraw
       all or a portion of his vested, non-forfeitable tax-deferred contribution
       account if such amount was needed to defray the cost of a medical
       emergency, enable the participant to acquire or improve his principal
       residence, or assist the participant in preventing eviction or
       foreclosure proceedings. Such a withdrawal was required to first be taken
       as a loan as noted below.

       Any additional funds required would be distributed as a hardship
       withdrawal subject to income tax and penalties. Such loan and withdrawal
       would not exceed the amount required to meet the immediate financial need
       created by the hardship and shall not be reasonably available from other
       sources of the participant.

       Loan Provisions

       Participants were able to borrow from their accounts a minimum of $1,000
       up to a maximum equal to the lesser of $50,000 or 50% of their account
       balance and may have only one loan outstanding at any point of time. All
       such loans bore interest at prevailing market rates. Loans were required
       to be repaid within five years in approximately equal installments or up
       to 15 years if used for the purchase of a primary residence. Loans are
       secured by the balance in the participants' accounts.

NOTE 2      SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

       Basis of Accounting

       The accompanying financial statements have been prepared on the accrual
       basis of accounting.

       Investments

       The Centocor Qualified Savings and Retirement Plan's (the "Plan")
       Investments, administered by The Vanguard Group, Inc. (the "Trustee"),
       are stated at fair value based on the market value of the underlying
       securities on the last business day of the period.

       Johnson & Johnson common shares are carried at market value, which is
       determined by quoted market prices. Participant loans are valued at cost,
       which approximates fair value.

       Purchases and sales of investment securities are reflected on a trade
       date basis. Gains and losses on sales of investment securities are
       determined on the average cost method.

       Use of Estimates

       The preparation of the Plan's financial statements, in conformity with
       accounting principles generally accepted in the United States of America,
       requires management to make estimates and assumptions that affect the
       reported amounts of net assets available for plan benefits at the date of
       the financial statements and the changes in net assets available for plan
       benefits during the reporting period and, when


                                       6
<PAGE>
                 CENTOCOR QUALIFIED SAVINGS AND RETIREMENT PLAN
                          NOTES TO FINANCIAL STATEMENTS


       applicable, disclosure of contingent assets and liabilities at the date
       of the financial statements. Actual results could differ from those
       estimates.

       Risks and Uncertainties

       The Plan provided for various participant investment options in funds,
       which could invest in any combination of stocks, bonds, fixed income
       securities, mutual funds and other investment securities. Investment
       securities were exposed to various risks, such as interest rate, market
       and credit.

       Related Party Transactions

       Certain Plan investments were shares of mutual funds managed by the
       Trustee. Therefore, these transactions qualified as party - in -
       interest.

       Payment of benefits

       Benefit payments are recorded when paid.

NOTE 3      INVESTMENTS

       The number of participants in the investment programs at October 17, 2001
       and December 31, 2000 was as follows:

<TABLE>
<CAPTION>
                                                             2001     2000
                                                             ----     ----
<S>                                                          <C>     <C>
Johnson & Johnson Common Stock Fund                           ---    1,370
Vanguard Money Market Reserves - Prime Portfolio              ---      355
Vanguard Bond Index Fund - Total Bond Market Portfolio        ---      401

Vanguard Index Trust - 500 Portfolio                          ---    1,223
Vanguard U.S. Growth Portfolio                                ---    1,152
Vanguard/Windsor II                                           ---      594
Templeton Foreign Fund                                        ---      489
Fidelity Contrafund                                           ---      758
</TABLE>

       The Johnson & Johnson Common Stock Fund program consists of shares of
       Johnson & Johnson Common Stock. The Vanguard Money Market Reserves -
       Prime Portfolio invests in short-term, high-quality money market
       instruments issued by financial institutions, non-financial corporations,
       the U.S. government and federal agencies. The Vanguard Bond Index Fund -
       Total Bond Market Portfolio invests in U.S. Treasury, federal agency,
       mortgage backed and corporate securities and attempts to match the
       performance of the Lehman Brothers Aggregate Bond Index, a widely
       recognized measure of the entire taxable U.S. bond market. The Vanguard
       Index Trust - 500 Portfolio invests in all of the 500


                                       7
<PAGE>
                 CENTOCOR QUALIFIED SAVINGS AND RETIREMENT PLAN
                          NOTES TO FINANCIAL STATEMENTS


       stocks that make up the Standard & Poor's 500 Composite Stock Price
       Index, a widely recognized benchmark of U.S. stock market
       performance.  The Vanguard U.S. Growth Portfolio invests in large,
       high-quality, seasoned U.S. companies.  The Vanguard/Windsor II Fund
       invests in a diversified group of out-of-favor stocks of
       large-capitalization companies.  The Templeton Foreign Fund invests
       primarily in stocks of companies located outside the United States.
       The Fidelity Contrafund invests in undervalued stocks of foreign and
       U.S. companies with the goal of achieving long-term capital
       appreciation.

       Custody of the Plan's investments is maintained by the Trustee. Plan
       investments at fair value at October 17, 2001 and December 31, 2000 were
       as follows:

<TABLE>
<CAPTION>
                                                       October 17,  December 31,
Name of Issuer and Title of Issue At,                    2001          2000
                                                       ----------- ------------
<S>                                                    <C>         <C>
Johnson & Johnson Common Stock Fund                     $  ---     $ 13,665,693*
Vanguard Money Market Reserves - Prime Portfolio           ---        2,131,304
Vanguard Bond Index Fund - Total Bond Market Portfolio     ---        2,358,063*
Vanguard Index Trust - 500 Portfolio                       ---       16,809,319*
Vanguard U.S. Growth Portfolio                             ---        8,469,201*
Vanguard/Windsor II                                        ---        2,929,833*
Templeton Foreign Fund                                     ---        1,970,561
Fidelity Contrafund                                        ---        4,145,062*
                                                        ---------  ------------
                                                        $  ---     $ 52,479,036
                                                        =========  ============
</TABLE>

*  Represents 5% or more of net assets available for Plan benefits

       During the period January 1 through October 17, 2001 and the year ended
       December 31, 2000, the Plan's investments (including gains and losses on
       investments bought and sold, as well as held during the year) appreciated
       (depreciated) in value as follows:

<TABLE>
<CAPTION>
                                                  2001             2000
                                              -----------      -----------
<S>                                           <C>              <C>
Mutual Funds                                  $(6,521,644)     $(6,367,266)
Common Stock                                    1,464,550        1,615,374
                                              -----------      -----------
                                              $(5,057,094)     $(4,751,892)
                                              ===========      ===========
</TABLE>

NOTE 4    TAX STATUS

       The Internal Revenue Service has determined and informed the Company by a
       letter dated April 26, 1995, that the Plan is designed in accordance with
       applicable sections of the Internal Revenue Code ("IRC"). The Plan has
       been amended since receiving the determination letter. However, the Plan
       administrator believes that the Plan is designed and was operated in
       compliance with applicable requirements of the IRC.


                                       8
<PAGE>
                     CONSENT OF INDEPENDENT ACCOUNTANTS


We hereby consent to the incorporation by reference in Registration
Statements on Form S-8 (No. 333-86611) of Johnson & Johnson of our
report dated May 9, 2002, relating to the financial statements and
supplemental schedule of the Centocor Qualified Savings and Retirement
Plan, which appears in this Form 11-K.


PricewaterhouseCoopers LLP
Philadelphia, PA
June 27, 2002



</TEXT>
</DOCUMENT>
