Question

The following sales information concerning Johnson & Johnson's primary business segments appeared in the company's 2019 SEC Form 10-K (dollars in millions).

INSTRUCTIONS:
a. Which of the three primary business segments is the largest, and which of the three grew the most from 2017 to 2019?
b. What percentage of Johnson & Johnson's total sales was generated outside the United States in 2019?
c. Which of the three primary business segments generates the greatest percentage of sales outside the United States?

 

 

Answer 1

a. The Consumer segment is the largest, and the Pharmaceutical segment grew the most from 2017 to 2019.

In terms of absolute value, the Consumer segment is the largest, generating $16.3 billion in sales in 2019. The Pharmaceutical segment grew the most from 2017 to 2019, increasing sales by $3.1 billion, or 12.9%.

b. 36% of Johnson & Johnsons total sales was generated outside the United States in 2019.

Johnson & Johnsons total sales in 2019 were $81.6 billion. Of this, $29.2 billion, or 36%, was generated outside the United States.

c. The Pharmaceutical segment generates the greatest percentage of sales outside the United States.

The Pharmaceutical segment generates the greatest percentage of sales outside the United States, with 58% of its sales coming from outside the US in 2019.

The Pharmaceutical segment generates the greatest percentage of sales outside the United States, with 58% of its sales coming from outside the US in 2019.