10-Q Filing

Kenvue Inc. CIK: 1944048 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001944048-23-000020`
Period End Date	20230630
Filing Date	20230802
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	kvue-20230702_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 60 Cash Flow Statement 72 Stockholders Equity 34 Comprehensive Income 24

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$35.00M	USD	Point-in-time
Allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$29.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.17B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.23B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.23B	USD	Point-in-time
Trade receivables, less allowances for credit losses ($29 and $35 as of July 2, 2023 and January 1, 2023, respectively)	`AccountsReceivableNetCurrent`	$2.10B	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Trade receivables, less allowances for credit losses ($29 and $35 as of July 2, 2023 and January 1, 2023, respectively)	`AccountsReceivableNetCurrent`	$2.12B	USD	Point-in-time
Inventories	`InventoryNet`	$2.23B	USD	Point-in-time
Inventories	`InventoryNet`	$2.03B	USD	Point-in-time
Preferred stock authorized (in shares)	`PreferredStockSharesAuthorized`	750.00M	shares	Point-in-time
Preferred stock authorized (in shares)	`PreferredStockSharesAuthorized`	750.00M	shares	Point-in-time
Preferred stock issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses and other receivables	`PrepaidExpenseAndOtherAssetsCurrent`	$643.00M	USD	Point-in-time
Prepaid expenses and other receivables	`PrepaidExpenseAndOtherAssetsCurrent`	$175.00M	USD	Point-in-time
Preferred stock issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$223.00M	USD	Point-in-time
Preferred stock outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$123.00M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.22B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.88B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$1.82B	USD	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	1.72B	shares	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	12.50B	shares	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	12.50B	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$1.83B	USD	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	1.91B	shares	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	1.91B	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$9.85B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$9.68B	USD	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	1.91B	shares	Point-in-time
Goodwill	`Goodwill`	$9.08B	USD	Point-in-time
Goodwill	`Goodwill`	$9.19B	USD	Point-in-time
Deferred taxes on income	`DeferredIncomeTaxAssetsNet`	$147.00M	USD	Point-in-time
Deferred taxes on income	`DeferredIncomeTaxAssetsNet`	$143.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$434.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$589.00M	USD	Point-in-time
Total Assets	`Assets`	$27.32B	USD	Point-in-time
Total Assets	`Assets`	$27.54B	USD	Point-in-time
Loans and notes payable	`NotesAndLoansPayableCurrent`	-	USD	Point-in-time
Loans and notes payable	`NotesAndLoansPayableCurrent`	$752.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.35B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.83B	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$1.20B	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$906.00M	USD	Point-in-time
Accrued rebates, returns, and promotions	`AccruedRebatesReturnsAndPromotionsCurrent`	$753.00M	USD	Point-in-time
Accrued rebates, returns, and promotions	`AccruedRebatesReturnsAndPromotionsCurrent`	$862.00M	USD	Point-in-time
Accrued taxes on income	`AccruedIncomeTaxes`	$239.00M	USD	Point-in-time
Accrued taxes on income	`AccruedIncomeTaxes`	$329.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.93B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.30B	USD	Point-in-time
Employee related obligations	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$214.00M	USD	Point-in-time
Employee related obligations	`EmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$244.00M	USD	Point-in-time
Long-term debt	`LongTermDebt`	$7.68B	USD	Point-in-time
Long-term debt	`LongTermDebt`	-	USD	Point-in-time
Deferred taxes on income	`DeferredIncomeTaxLiabilitiesNet`	$2.43B	USD	Point-in-time
Deferred taxes on income	`DeferredIncomeTaxLiabilitiesNet`	$2.68B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$727.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$593.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$7.29B	USD	Point-in-time
Total liabilities	`Liabilities`	$16.50B	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 750 shares authorized, no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 750 shares authorized, no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 12,500 shares authorized, 1,915 shares issued and outstanding	`CommonStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 12,500 shares authorized, 1,915 shares issued and outstanding	`CommonStockValue`	$19.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$16.10B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$430.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	-	USD	Point-in-time
Net investment from Parent	`NetParentInvestment`	$25.47B	USD	Point-in-time
Net investment from Parent	`NetParentInvestment`	-	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.45B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.51B	USD	Point-in-time
Total equity	`StockholdersEquity`	$11.04B	USD	Point-in-time
Total equity	`StockholdersEquity`	$20.40B	USD	Point-in-time
Total equity	`StockholdersEquity`	$20.02B	USD	Point-in-time
Total equity	`StockholdersEquity`	$20.28B	USD	Point-in-time
Total equity	`StockholdersEquity`	$20.46B	USD	Point-in-time
Total equity	`StockholdersEquity`	$19.60B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$27.32B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$27.54B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.39B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.80B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.86B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.01B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$3.28B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.65B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$1.79B	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$3.51B	USD	2 Qtrs
Gross profit	`GrossProfit`	$4.35B	USD	2 Qtrs
Gross profit	`GrossProfit`	$2.16B	USD	1 Quarter
Gross profit	`GrossProfit`	$2.23B	USD	1 Quarter
Gross profit	`GrossProfit`	$4.11B	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.73B	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.02B	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.52B	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.38B	USD	1 Quarter
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$16.00M	USD	2 Qtrs
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$-8.00M	USD	2 Qtrs
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$-13.00M	USD	1 Quarter
Other operating expense (income), net	`OtherOperatingIncomeExpenseNet`	$-1.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$702.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.34B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$1.38B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$770.00M	USD	1 Quarter
Other expense (income), net	`NonoperatingIncomeExpense`	$6.00M	USD	2 Qtrs
Other expense (income), net	`NonoperatingIncomeExpense`	$-40.00M	USD	2 Qtrs
Other expense (income), net	`NonoperatingIncomeExpense`	$5.00M	USD	1 Quarter
Other expense (income), net	`NonoperatingIncomeExpense`	$-10.00M	USD	1 Quarter
Interest expense, net	`InterestExpense`	-	USD	1 Quarter
Interest expense, net	`InterestExpense`	-	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$53.00M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$54.00M	USD	2 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.25B	USD	2 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.39B	USD	2 Qtrs
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$639.00M	USD	1 Quarter
Income before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$775.00M	USD	1 Quarter
Provision for taxes	`IncomeTaxExpenseBenefit`	$488.00M	USD	2 Qtrs
Provision for taxes	`IncomeTaxExpenseBenefit`	$255.00M	USD	2 Qtrs
Provision for taxes	`IncomeTaxExpenseBenefit`	$171.00M	USD	1 Quarter
Provision for taxes	`IncomeTaxExpenseBenefit`	$209.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$604.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.13B	USD	2 Qtrs
Net income	`NetIncomeLoss`	$760.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$430.00M	USD	1 Quarter
Basic (per share)	`EarningsPerShareBasic`	$0.23	USD	1 Quarter
Basic (per share)	`EarningsPerShareBasic`	$0.35	USD	1 Quarter
Basic (per share)	`EarningsPerShareBasic`	$0.43	USD	2 Qtrs
Basic (per share)	`EarningsPerShareBasic`	$0.66	USD	2 Qtrs
Diluted (per share)	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Diluted (per share)	`EarningsPerShareDiluted`	$0.35	USD	1 Quarter
Diluted (per share)	`EarningsPerShareDiluted`	$0.43	USD	2 Qtrs
Diluted (per share)	`EarningsPerShareDiluted`	$0.66	USD	2 Qtrs
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.84B	shares	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.72B	shares	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.78B	shares	2 Qtrs
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.72B	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.84B	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.72B	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.78B	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.72B	shares	2 Qtrs

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$604.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.13B	USD	2 Qtrs
Net income	`NetIncomeLoss`	$760.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$430.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$161.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$148.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$300.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$326.00M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$73.00M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$76.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$155.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$62.00M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	-	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-12.00M	USD	2 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$144.00M	USD	2 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$55.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$366.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-143.00M	USD	2 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$495.00M	USD	2 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-68.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-42.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$329.00M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$776.00M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-63.00M	USD	2 Qtrs
Employee related obligations	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$11.00M	USD	2 Qtrs
Employee related obligations	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$4.00M	USD	2 Qtrs
Accrued taxes on income	`IncreaseDecreaseInAccruedTaxesPayable`	$63.00M	USD	2 Qtrs
Accrued taxes on income	`IncreaseDecreaseInAccruedTaxesPayable`	$-207.00M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-251.00M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$22.00M	USD	2 Qtrs
Net cash flows from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.54B	USD	2 Qtrs
Net cash flows from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.15B	USD	2 Qtrs
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$113.00M	USD	2 Qtrs
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$132.00M	USD	2 Qtrs
Transfer of funds to J&J pursuant to the Facility Agreement	`PaymentsForSeparationFacilityAgreement`	$8.94B	USD	2 Qtrs
Transfer of funds to J&J pursuant to the Facility Agreement	`PaymentsForSeparationFacilityAgreement`	-	USD	2 Qtrs
Proceeds from J&J upon repayment of the Facility Agreement	`ProceedsFromCollectionOfOtherReceivables`	$8.94B	USD	2 Qtrs
Proceeds from J&J upon repayment of the Facility Agreement	`ProceedsFromCollectionOfOtherReceivables`	-	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$2.00M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$14.00M	USD	2 Qtrs
Other investing	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Other investing	`PaymentsForProceedsFromOtherInvestingActivities`	$4.00M	USD	2 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-118.00M	USD	2 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-115.00M	USD	2 Qtrs
(Payments of) proceeds from loans and notes payable	`ProceedsFromRepaymentsOfNotesPayable`	$-14.00M	USD	2 Qtrs
(Payments of) proceeds from loans and notes payable	`ProceedsFromRepaymentsOfNotesPayable`	$7.00M	USD	2 Qtrs
Proceeds from Commercial Paper Program, net of issuance cost	`ProceedsFromIssuanceOfCommercialPaper`	$742.00M	USD	2 Qtrs
Proceeds from Commercial Paper Program, net of issuance cost	`ProceedsFromIssuanceOfCommercialPaper`	-	USD	2 Qtrs
Proceeds from issuance of Senior Notes, net of issuance cost	`ProceedsFromIssuanceOfUnsecuredDebt`	$7.69B	USD	2 Qtrs
Proceeds from issuance of Senior Notes, net of issuance cost	`ProceedsFromIssuanceOfUnsecuredDebt`	-	USD	2 Qtrs
Proceeds from Kenvue IPO, net	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	2 Qtrs
Proceeds from Kenvue IPO, net	`ProceedsFromIssuanceInitialPublicOffering`	$4.24B	USD	2 Qtrs
Distribution to J&J in connection with the Separation	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$13.79B	USD	2 Qtrs
Distribution to J&J in connection with the Separation	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	2 Qtrs
Net transfer to the Parent	`PaymentsOfDistributionsToAffiliates`	$274.00M	USD	2 Qtrs
Net transfer to the Parent	`PaymentsOfDistributionsToAffiliates`	$892.00M	USD	2 Qtrs
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	2 Qtrs
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	$-11.00M	USD	2 Qtrs
Net cash flows used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-885.00M	USD	2 Qtrs
Net cash flows used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.42B	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-47.00M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-8.00M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.23B	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.23B	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$838.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$740.00M	USD	Point-in-time
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$98.00M	USD	2 Qtrs
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.23B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$838.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.23B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$740.00M	USD	Point-in-time

Stockholders Equity 34 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	1.91B	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$20.40B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$20.02B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$20.28B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$20.46B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$11.04B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$19.60B	USD	Point-in-time
Net income	`NetIncomeLoss`	$430.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$760.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$1.13B	USD	2 Qtrs
Net income	`NetIncomeLoss`	$604.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.11B	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$19.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-195.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-833.00M	USD	1 Quarter
Net transfers to the Parent	`NetTransferToAffiliate`	$816.00M	USD	2 Qtrs
Net transfers to the Parent	`NetTransferToAffiliate`	$-10.00M	USD	1 Quarter
Net transfers to the Parent	`NetTransferToAffiliate`	$308.00M	USD	2 Qtrs
Net transfers to the Parent	`NetTransferToAffiliate`	$635.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$38.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$73.00M	USD	2 Qtrs
Distribution to J&J in connection with the Separation	`AdjustmentsToAdditionalPaidInCapitalNetConsiderationPaidToParentInConnectionWithTheSeparation`	$13.79B	USD	1 Quarter
Distribution to J&J in connection with the Separation	`AdjustmentsToAdditionalPaidInCapitalNetConsiderationPaidToParentInConnectionWithTheSeparation`	$13.79B	USD	2 Qtrs
Issuance of common stock in connection with the Kenvue IPO	`StockIssuedDuringPeriodValueNewIssues`	$4.24B	USD	2 Qtrs
Issuance of common stock in connection with the Kenvue IPO	`StockIssuedDuringPeriodValueNewIssues`	$4.24B	USD	1 Quarter
Separation adjustments	`SeparationAdjustments`	$22.00M	USD	2 Qtrs
Separation adjustments	`SeparationAdjustments`	$22.00M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	1.91B	shares	Point-in-time
Ending balance	`StockholdersEquity`	$20.40B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$20.02B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$20.28B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$20.46B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$11.04B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$19.60B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$604.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.13B	USD	2 Qtrs
Net income	`NetIncomeLoss`	$760.00M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$430.00M	USD	1 Quarter
Foreign currency translation, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-835.00M	USD	1 Quarter
Foreign currency translation, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.11B	USD	2 Qtrs
Foreign currency translation, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-16.00M	USD	2 Qtrs
Foreign currency translation, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-177.00M	USD	1 Quarter
Employee benefit plans, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.00M	USD	1 Quarter
Employee benefit plans, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-4.00M	USD	2 Qtrs
Employee benefit plans, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-4.00M	USD	2 Qtrs
Employee benefit plans, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$10.00M	USD	1 Quarter
Derivatives and hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeAndDerivativesGainLossAfterReclassificationAndTax`	$31.00M	USD	2 Qtrs
Derivatives and hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeAndDerivativesGainLossAfterReclassificationAndTax`	$1.00M	USD	1 Quarter
Derivatives and hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeAndDerivativesGainLossAfterReclassificationAndTax`	$-8.00M	USD	1 Quarter
Derivatives and hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeAndDerivativesGainLossAfterReclassificationAndTax`	$-3.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-1.11B	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$19.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-195.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-833.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-229.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$18.00M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$779.00M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$235.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.