Consider Johnson & Johnson retirement plan assets that is, the pension plan asset, as detailed on page 62 of the company?s annual report.

i.What is the value at December 31, 2007, of the retirement plan assets held by Johnson & Johnson?s retirement plan? What ?value? is this?

ii.Compare the amount of the expected return on plan assets to the amount of the actual return 2006 and 2007. Are these differences significant? In your opinion, which return better reflects the economics of the company?s pension expense?

iii.How much did Johnson & Johnson and their employees contribute to the retirement plan during 2007? How does that compare to contributions in 2006? See page 63

iv.What types of investments are in Johnson & Johnson?s retirement plan assets?