nalyzing Shareholders Equity Presented below is the consolidated statement of shareholders equity for The Johnson & Johnson Company (J&J) at year-end:

(in millions)		Total	Retained Earnings	Accumulated Other Comprehensive Income	Common Stock	Treasury Stock
Balance, Dec. 28, 2014		$69,752	$97,245	$(10,722)	$3,120	$(19,891)
Net earnings		15,409	15,409
Cash dividends paid		(8,123)	(8,123)
Employee stock compensation and stock option plans		1,870	(577)			2,447
Repurchase of common stock		(5,240)				(5,240)
Other comprehensive income, net of tax		(2,393)		(2,393)
Other		(25)	(25)
Balance, January 3, 2016		$71,250	$103,929	$(13,115)	$3,120	$(22,684)

The following information is provided in J&J's notes to its finanical statements

Accumulated Other Comprehensive Income Components of other comprehensive income (loss) consist of the following:

(in millions)		Foreign Currency Translation	Gain/Loss on Securities	Employee Benefit Plans	Gain/(Loss) on Derivatives & Hedges	Total Accumlated Other Comp. Income (Loss)
December 28, 2014		$(4,803)	$257	$(6,317)	$141	$(10,722)
Net 2015 changes		(3,582)	347	1,019	(177)	(2,393)
January 3, 2016		$(8,385)	$604	$(5,298)	$(36)	$(13,115)

Based on your review of this data, consider the following questions:

1. How much cash dividends did J&J pay during the year?

2. What was the value of the common stock distributed to employees under J&Js stock compensation plan and stock option plan?

Where did J&J get the shares to distribute to its employees?

Common stockRetained earningsTreasury stock

3. What was the value of the treasury stock repurchase during the year?

4. What happened to J&Js currency translation adjustment account?

The currency translation account ------- decreased increased by --------

Did the U.S. dollar appreciate, depreciate, or remain unchanged during the year?

PreviousSave AnswersFinish attempt ...