SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C. 20549


                            FORM 8K

       Current Report Pursuant to Section 13 or 15(d) of
              The Securities Exchange Act of 1934



 Date of Report (Date of earliest event reported): December 30,
                              2002


                        JOHNSON & JOHNSON

     (Exact name of registrant as specified in its charter)


    New Jersey                     1-3215              22-1024240

(State or other             Commission         (I.R.S. Employer
jurisdiction                File Number)       Identification
No.)
of incorporation)



 One Johnson & Johnson Plaza, New Brunswick, New Jersey   08933

           (Address of principal executive offices)    (zip code)


Registrant's telephone number including area code: (732) 524-0400















Item 5.   Other Events.

Johnson & Johnson has funded the Company's U.S. pension plan  for
$750  million through contributions of cash during the  month  of
December 2002.  With this funding, the value of the U.S.  pension
plan  assets  is  greater than the projected Accumulated  Benefit
Obligation  (ABO).   The  ABO is an accounting  estimate  of  the
present  value of future pension payments earned to date  by  our
existing employees and retirees.

With this contribution, the U.S. pension plan is fully funded  as
defined   by   U.S.  generally  accepted  accounting  principles,
Financial Accounting Standard No. 87, "Employers' Accounting  for
Pensions."

The  Company  was not required to fund the U.S. pension  plan  at
this  time based on ERISA Standards.  The Company's objective  in
funding its domestic pension plans is to provide funds sufficient
to provide for all accrued benefits.

Johnson & Johnson's international subsidiaries have pension plans
under  which  funds  are deposited with trustees,  annuities  are
purchased   under  group  contracts  or  reserves  are  provided.
International  pension  plans  are  and  will  be  funded   where
appropriate.  In certain countries, the funding of pension  plans
is  not a common practice as funding provides no economic benefit
and is not required.

Johnson  & Johnson generated $8.9 billion of operating cash  flow
in  2001  and   $21.7  billion over the past  three  years.   The
pension  funding will not affect earnings estimates  or  have  an
effect on the Company's debt ratings.

Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits.

(c)  Exhibits

Exhibit No.       Description of Exhibit

NONE



                            SIGNATURE



Pursuant to the requirements of the Securities Exchange Act of
1934,  the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.



                                   JOHNSON & JOHNSON




Date: December 30, 2002       By: /s/ Stephen J. Cosgrove
                              Stephen J. Cosgrove
                              Chief Accounting Officer