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Johnson & Johnson JNJ General Corporate — Litigation expense

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Other financials

Income statement

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Revenue$25.3B+6.6%
Gross profit$17.3B+7.1%
Operating income$7.1B+7.4%
Net income$5.5B-0.1%
EPS (diluted)$2.27-0.9%

Balance sheet

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Cash & equivalents$20.4B+9.9%
Total debt$49.0B-3.4%
Total equity$85.0B+8.3%
Total assets$201.06B+4.0%

Cash flow

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Operating cash flow$8.6B+122%
CapEx$1.3B+26.7%
Free cash flow$7.3B+157%

Valuation

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Market cap$620.77B+51.1%
Enterprise value$649.38B+46.6%
P/E29.5×+11.4×
P/S6.3×+1.8×

Profitability

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Gross margin67.9%0.0pp
Operating margin26.5%+2.8pp
Net margin21.5%-3.5pp
FCF margin22.7%+2.2pp

Returns & leverage

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Return on equity25.7%-4.5pp
Debt / equity0.6×-0.1×
Current ratio1.1×+0.1×

Where this comes from

Reported directly by Johnson & Johnson in its filing.

Tagged under the XBRL concept us-gaap:LitigationSettlementExpense.

The source filing: Johnson & Johnson’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:04 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000200406-26-000153

(4) Amounts not allocated to segments include interest (income)/expense and general corporate (income)/expense. The fiscal second quarter and fiscal six months of 2026 include charges for talc matters of $0.4 billion and $0.8 billion, respectively. The fiscal six months of 2025 includes approximately $7.0 billion related to the talc reserve reversal.

Item 1 — Financial statements

FAQ

What is Johnson & Johnson's general corporate — litigation expense?
Johnson & Johnson (JNJ) reported general corporate — litigation expense of $400M in Q2 2026.
What does general corporate — litigation expense mean?
This metric tracks the costs associated with legal proceedings, settlements, and provisions for potential losses within the general corporate segment. It captures the financial impact of legal risks that are not directly attributable to specific operating business units. Monitoring this helps investors assess the company's exposure to legal liabilities and the potential volatility of corporate earnings.

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