JNJ · 10-Q · 2026Q2 · Full report
Talc Litigation Settlement
JOHNSON & JOHNSON · 2026-07-23 · Importance 71 · Surprise 82 · Matches filing data
Johnson & Johnson recorded $0.8 billion of charges for talc matters during the fiscal six months of 2026, including $0.4 billion in the second quarter. The prior-year comparison included approximately $7.0 billion related to a talc reserve reversal, producing a $7.5 billion year-over-year change in litigation-related expense. As of June 28, 2026, the Company expected to fund approximately $3.7 billion of remaining talc-related obligations from operating cash flow, external financing and committed facilities.
Key facts
- The fiscal six months of 2026 include charges for talc matters of $0.8 billion and the fiscal six months of 2025 include approximately $7.0 billion related to the talc reserve reversal. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | realized | -3.2% | The fiscal six months of 2026 include charges for talc matters of $0.8 billion and the fiscal six months of 2025 include approximately… |