JOHNSON & JOHNSON Annual Income Tax Expense (Benefit) in USD from 2009 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Johnson & Johnson quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2009 to 2023.
  • Johnson & Johnson Income Tax Expense (Benefit) for the quarter ending September 29, 2024 was $644M, a 29.1% decline year-over-year.
  • Johnson & Johnson Income Tax Expense (Benefit) for the twelve months ending September 29, 2024 was $2.86B, a 99.9% increase year-over-year.
  • Johnson & Johnson annual Income Tax Expense (Benefit) for 2023 was $1.74B, a 41.9% decline from 2022.
  • Johnson & Johnson annual Income Tax Expense (Benefit) for 2022 was $2.99B, a 117% increase from 2021.
  • Johnson & Johnson annual Income Tax Expense (Benefit) for 2021 was $1.38B, a 22.8% decline from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $1.74B -$1.25B -41.9% Jan 2, 2023 Dec 31, 2023 10-K 2024-02-16
2022 $2.99B +$1.61B +117% Jan 3, 2022 Jan 1, 2023 10-K 2024-02-16
2021 $1.38B -$406M -22.8% Jan 4, 2021 Jan 2, 2022 10-K 2024-02-16
2020 $1.78B -$426M -19.3% Dec 30, 2019 Jan 3, 2021 10-K 2023-02-16
2019 $2.21B -$493M -18.2% Dec 31, 2018 Dec 29, 2019 10-K 2022-02-17
2018 $2.7B -$13.7B -83.5% Jan 1, 2018 Dec 30, 2018 10-K 2021-02-22
2017 $16.4B +$13.1B +402% Jan 2, 2017 Dec 31, 2017 10-K 2020-02-18
2016 $3.26B -$524M -13.8% Jan 4, 2016 Jan 1, 2017 10-K 2019-02-20
2015 $3.79B -$453M -10.7% Dec 29, 2014 Jan 3, 2016 10-K 2018-02-21
2014 $4.24B +$2.6B +159% Dec 30, 2013 Dec 28, 2014 10-K 2017-02-27
2013 $1.64B -$1.62B -49.7% Dec 31, 2012 Dec 29, 2013 10-K 2016-02-24
2012 $3.26B +$572M +21.3% Jan 2, 2012 Dec 30, 2012 10-K 2015-02-24
2011 $2.69B -$924M -25.6% Jan 3, 2011 Jan 1, 2012 10-K 2014-02-21
2010 $3.61B +$124M +3.55% Jan 4, 2010 Jan 2, 2011 10-K 2013-02-22
2009 $3.49B Dec 29, 2008 Jan 3, 2010 10-K 2012-02-23
* An asterisk sign (*) next to the value indicates that the value is likely invalid.