Question
Johnson & Johnson is a health-care company with headquarters in New Brunswick, New Jersey. Its revenues in the fiscal year ended January 1, 2012, were
Johnson & Johnson is a health-care company with headquarters in New Brunswick, New Jersey. Its revenues in the fiscal year ended January 1, 2012, were more than $65 billion. Following are items from the companys statement of cash flows for that year. The list includes all items in the investing activities section of the statement plus some items from the operating and financing sections.
Additions to property, plant, and equipment $ (2,893)
Proceeds from long-term debt 4,470
Increase in accounts receivable (915)
Proceeds from the disposal of assets 1,342
Dividends to shareholders (6,156)
Acquisitions, net of cash acquired (2,797)
Depreciation and amortization of property and intangibles 3,158
Purchases of investments (29,882)
Sales of investments 30,396
Other (primarily purchases of intangibles) (778)
Prepare the section Cash flows from investing activities for Johnson & Johnson for the fiscal year ending January 1, 2012.
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