Section 2: The Income Statement Section 2a: The Single Step Income Statement Company Single Step Income Statement FYE V/03/21 In millions (or thousands) Revenue (Including Gains, Non-Controlling Interests, and Other Increases in Net Income) $ Total Revenue $ Expenses (Including Losses Non-Controlling Interests and Other Decreases in Net Income) $ Total Expenses Net Income $ $ The net income amount matches the net income amount on the company's current income statement. YES or NO JOHNSON & JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (Dollars and Shares in Millions Except Per Share Amounts) (Note 1) 2020 Sales to customers $ 82,584 Cost of products sold 28,427 Gross profit 54,157 Selling, marketing and administrative expenses 22,084 Research and development expense 12.159 In-process research and development (Note 5) 181 Interest income (111) Interest expense, net of portion capitalized (Note 4) 201 Other (income) expense, net 2,899 Restructuring (Note 20) 247 Earnings before provision for taxes on income 16,497 Provision for taxes on income (Note 8) 1,783 Net carnings $ 14,714 S 5.59 5.51 Net earnings per share (Notes 1 and 15) Basic Diluted Average shares outstanding (Notes 1 and 15) Basic Diluted 2,632.8 2,670.7