Analyzing Shareholders Equity Presented below is the consolidated statement of shareholders equity for The Johnson & Johnson Company (J&J) at year-end:

(in millions)	Total		Comprehensive Income		Retained Earnings		Notes Receivable From ESOP		Accumulated Other Comprehensive Income		Common Stock		Treasury Stock
Beginning balance	$31,813				$35,223		$(11)		$(515)		$3,120		$(6,004)
Net earnings	10,411		10,411		10,411
Cash dividends paid	(3,793)				(3,793)
Employee stock compensation and
stock option plans	1,017				(441)								1,458
Conversion of subordinated debentures	369				(132)								501
Repurchase of common stock	(1,717)				203								(1,920)
Other comprehensive income, net of tax	-
Currency translation adjustment	(415)		(415)						(415)
Unrealized losses on securities	(16)		(16)						(16)
Pension liability adjustment	26		26						26
Gains on derivatives & hedges	165		165						165
Reclassification adjustment			(15)
Total comprehensive income			$10,156
Note receivable from ESOP	11						11
Ending balance	$37,871				$41,471		$-		$(755)		$3,120		$(5,965)

Based on your review of this data, consider the following questions:

1. How much cash dividends did J&J pay during the year? (in millions)

2. What was the value of the common stock distributed to employees under J&Js stock compensation plan and stock option plan? (in millions)

Where did J&J get the shares to distribute to its employees?

A.Common stock

B.Additional paid in capital

C.Treasury Stock

3. What was the value of the convertible subordinated debentures converted into common stock during the year? (in millions)

Where did J&J get the shares to give to the debentureholders?

A.Common stock

B.Treasury Stock

C.Additional paid in capital

4. What was the value of the treasury stock repurchase during the year? (in millions)

5. What was the change in J&Js currency translation adjustment account? (in millions)

Did the U.S. dollar appreciate, depreciate, or remain unchanged during the year?

A.No change

B.Depreciate

C.Appreciate