Name: Johnson & Johnson (NYSE:JNJ) | Analysis of Inventory
Creator: Stock Analysis on Net

Analysis of Inventory

Johnson & Johnson, balance sheet: inventory

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 29, 2019
Raw materials and supplies	2,355)	2,070)	1,592)	1,410)	1,117)
Goods in process	1,952)	1,700)	2,287)	2,040)	1,832)
Finished goods	6,874)	8,713)	6,508)	5,894)	6,071)
Inventories	11,181)	12,483)	10,387)	9,344)	9,020)

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Item	Description	The company
Inventories	Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.	Johnson & Johnson inventories increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.