Editor's note: Microsoft's announcement that it would pay $26.2 billion to purchase LinkedIn may cost the company its AAA rating. Currently only Microsoft and Johnson & Johnson have Triple A credit ratings among US corporations. Moody's said Monday that a downgrade likely would reduce the rating by one level to Aa1. - Tom
Johnson & Johnson is an American multinational medical devices, pharmaceutical and consumer packaged goods manufacturer founded in 1886. Its common stock is a component of the Dow Jones Industrial Average and the company is listed among the Fortune 500.
Johnson & Johnson is headquartered in New Brunswick, New Jersey, directly adjacent to the campus of Rutgers University, the consumer division being located in Skillman, New Jersey. The corporation includes some 250 subsidiary companies with operations in 60 countries and products sold in over 175 countries. Johnson & Johnson had worldwide sales of $70.1 billion during calendar year 2015.
Johnson & Johnson's brands include numerous household names of medications and first aid supplies. Among its well-known consumer products are the Band-Aid Brand line of bandages, Tylenol medications, Johnson's baby products, Neutrogena skin and beauty products, Clean & Clear facial wash and Acuvue contact lenses.