| Cash Flow | 2026-03-29 | 2025-12-28 | 2025-09-28 | 2025-06-29 |
|---|---|---|---|---|
| Net income | 474,000,000 | 330,000,000 | 398,000,000 | 420,000,000 |
| Depreciation and amortization | 143,000,000 | 138,000,000 | 141,000,000 | 142,000,000 |
| Stock-based compensation | 29,000,000 | 30,000,000 | 25,000,000 | 37,000,000 |
| Deferred income taxes | 28,000,000 | -97,000,000 | 16,000,000 | -14,000,000 |
| Impairment charges | NaN | 23,000,000 | 0 | 0 |
| Losses on investments | NaN | 0 | 0 | 0 |
| Other | -18,000,000 | -13,000,000 | -21,000,000 | -17,000,000 |
| Trade receivables | 136,000,000 | -35,000,000 | 96,000,000 | -48,000,000 |
| Inventories | 19,000,000 | -132,000,000 | 27,000,000 | 51,000,000 |
| Other current and non-current assets | 16,000,000 | 25,000,000 | -35,000,000 | -53,000,000 |
| Accounts payable and accrued liabilities | -77,000,000 | 130,000,000 | -198,000,000 | 123,000,000 |
| Employee-related obligations | 5,000,000 | 26,000,000 | 21,000,000 | -7,000,000 |
| Accrued taxes on income | 33,000,000 | 53,000,000 | -51,000,000 | -91,000,000 |
| Other liabilities | 7,000,000 | 66,000,000 | 9,000,000 | -56,000,000 |
| Net cash flows from operating activities | 489,000,000 | 854,000,000 | 294,000,000 | 621,000,000 |
| Purchases of property, plant, and equipment | 139,000,000 | 110,000,000 | 98,000,000 | 88,000,000 |
| Transfer of funds to j&j pursuant to the facility agreement | NaN | 0 | NaN | NaN |
| Proceeds from j&j upon repayment of the facility agreement | NaN | 0 | NaN | NaN |
| Proceeds from (costs associated with) sale of assets | NaN | 24,000,000 | NaN | NaN |
| Other investing activities | 28,000,000 | -11,000,000 | 6,000,000 | 2,000,000 |
| Net cash flows used in investing activities | -167,000,000 | -75,000,000 | -104,000,000 | -90,000,000 |
| Proceeds from commercial paper program, net of repayments and issuance costs | 870,000,000 | -470,000,000 | 349,000,000 | -25,000,000 |
| Proceeds from issuance of senior notes, net of issuance costs | NaN | 0 | 0 | 746,000,000 |
| Proceeds from kenvue ipo, net | NaN | 0 | NaN | NaN |
| Repayment of senior notes | 750,000,000 | 0 | 0 | 0 |
| Distribution to j&j in connection with the separation | NaN | 0 | NaN | NaN |
| Dividends paid | 398,000,000 | 398,000,000 | 398,000,000 | 393,000,000 |
| Net transfers to j&j | NaN | 0 | NaN | NaN |
| Purchase of treasury stock | 0 | 0 | 70,000,000 | 64,000,000 |
| Other financing activities | -17,000,000 | -1,000,000 | 9,000,000 | 56,000,000 |
| Net cash flows used in financing activities | -295,000,000 | -869,000,000 | -110,000,000 | -548,000,000 |
| Effect of exchange rate changes on cash and cash equivalents | -14,000,000 | 13,000,000 | -11,000,000 | 30,000,000 |
| Net increase (decrease) in cash and cash equivalents | 13,000,000 | -77,000,000 | 69,000,000 | 13,000,000 |
Kenvue Inc. (KVUE)
Kenvue Inc. (KVUE)