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Segments of Business and Geographic Areas
3 Months Ended
Apr. 02, 2017
Segment Reporting [Abstract]  
Segments of Business and Geographic Areas
SEGMENTS OF BUSINESS AND GEOGRAPHIC AREAS

SALES BY SEGMENT OF BUSINESS
 
 
Fiscal First Quarters Ended
(Dollars in Millions)
 
April 2,
2017
 
April 3,
2016
 
Percent
Change
 
 
 
 
 
 
 
Consumer
 
 
 
 
 
 
United States
 
$
1,414

 
1,358

 
4.1
 %
International
 
1,814

 
1,837

 
(1.3
)
Total
 
3,228

 
3,195

 
1.0

Pharmaceutical
 
 
 
 
 
 
United States
 
4,872

 
4,937

 
(1.3
)
International
 
3,373

 
3,241

 
4.1

Total
 
8,245

 
8,178

 
0.8

Medical Devices
 
 
 
 
 
 
United States
 
3,092

 
3,026

 
2.2

International
 
3,201

 
3,083

 
3.8

Total
 
6,293

 
6,109

 
3.0

Worldwide
 
 
 
 
 
 
United States
 
9,378

 
9,321

 
0.6

International
 
8,388

 
8,161

 
2.8

Total
 
$
17,766

 
17,482

 
1.6
 %

 
 
 
 
 
 
 

INCOME BEFORE TAX BY SEGMENT
 
 
Fiscal First Quarters Ended
(Dollars in Millions)
 
April 2,
2017
 
April 3,
2016
 
Percent
Change
Consumer
 
$
596

 
566

 
5.3
 %
Pharmaceutical(1)
 
3,663

 
3,344

 
9.5

Medical Devices(2)
 
1,563

 
1,576

 
(0.8
)
Segments operating profit
 
5,822

 
5,486

 
6.1

Less: Expense not allocated to segments (3)
 
247

 
192

 
 
Worldwide income before tax
 
$
5,575

 
5,294

 
5.3
 %

 
 
 
 
 
 
 

(1) Includes a gain of $0.2 billion and $0.1 billion in the fiscal first quarters of 2017 and 2016, respectively, related to the sale of certain investments in equity securities held by Johnson & Johnson Innovation - JJDC, Inc. Includes a positive adjustment of $0.2 billion to previous reserve estimates in the fiscal first quarter of 2016.
(2) Includes a restructuring related charge of $161 million and $137 million in the fiscal first quarter of 2017 and 2016, respectively. Includes litigation expense of $106 million in the fiscal first quarter of 2016.
(3) Amounts not allocated to segments include interest income/expense and general corporate income/expense.








SALES BY GEOGRAPHIC AREA
 
 
Fiscal First Quarters Ended
(Dollars in Millions)
 
April 2, 2017
 
April 3, 2016
 
Percent
Change
United States
 
$
9,378

 
9,321

 
0.6
%
Europe
 
3,858

 
3,847

 
0.3

Western Hemisphere, excluding U.S.
 
1,454

 
1,331

 
9.2

Asia-Pacific, Africa
 
3,076

 
2,983

 
3.1

Total
 
$
17,766

 
17,482

 
1.6
%