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Johnson & Johnson (JNJ) Cash Flow Waterfall

Trace Johnson & Johnson's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$22.87B

Capex

−$5.07B

Free Cash Flow

$17.80B

FCF Margin

+77.8%

Cash flow waterfall for Johnson & Johnson (JNJ) — TTM through Q1 2026

Free cash flow: $17.80B

Cash flow breakdown for Johnson & Johnson (JNJ) — TTM through Q1 2026

  • Operating Cash Flow$22.87B
  • Capital Expenditure−$5.07B
  • Free Cash Flow$17.80B
  • Acquisitions−$17.54B
  • Other Investing−$1.72B
  • Share Buybacks−$5.95B
  • Dividends Paid−$12.52B
  • Other Financing & FX$3.15B
  • Net Cash Decrease−$16.79B
Want to see what drove the FCF change?Free Cash Flow Bridge

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