424B3 1 form_424b3.txt PROSPECTUS SUPPLEMENT Prospectus Supplement Filed Pursuant to Rule 424(b)(3) (To Prospectus dated August 14, 2001) Registration No. 333-67020 Johnson & Johnson 5,403,694 Shares Common Stock $393,096,000 Guarantees This prospectus supplement contains information about the persons who can use this prospectus supplement to offer and sell shares of Johnson & Johnson common stock those persons own and, together with ALZA's 3% Zero Coupon Convertible Subordinated Debentures due July 28, 2020 those persons own, the Johnson & Johnson guarantees those persons own of those debentures. SELLING SECURITYHOLDERS The information set forth under the caption "Selling Securityholders" in the Johnson & Johnson prospectus dated August 14, 2001, relating to Johnson & Johnson common stock and the Johnson & Johnson guarantees, is supplemented to add the following:

Common Stock Guarantees ---------------------------------- --------------------------------------------------- Number Principal Principal Shares of Shares Amount Percentage of Amount Name of Selling Beneficially Registered for Beneficially Outstanding Registered for Securityholder (1) Owned (2) Sale Hereby(3) Owned($) Guarantees Sale Hereby($) ------------------ ----------- -------------- ----------- ---------- -------------- 1976 Distribution Trust FBO Jane A. Lauder 618 618 45,000 * 45,000 2000 Revocable Trust FBO A.R. Lauder/Zinterhofer 206 206 15,000 * 15,000 Arapahoe County Colorado 1,498 1,498 109,000 * 109,000 British Virgin Islands Social Security Board 1,127 1,127 82,000 * 82,000 City University of New York 3,711 3,711 270,000 * 270,000 Commonwealth Professional Assurance Company c/o Income Research & 17,183 17,183 1,250,000 * 1,250,000 Management GLG Market Neutral Fund 78,698 78,698 5,725,000 * 5,725,000 Grady Hospital Foundation 3,175 3,175 231,000 * 231,000 Independence Blue Cross 3,079 3,079 224,000 * 224,000 Local Initiatives Support Corporation 1,388 1,388 101,000 * 101,000 Lutheran Brotherhood 192,451 192,451 14,000,000 1.3% 14,000,000 Merrill Lynch Insurance Group 7,326 7,326 533,000 * 533,000 Nabisco Holdings 852 852 62,000 * 62,000 New Orleans Firefighters Pension/Relief Fund 3,354 3,354 244,000 * 244,000 Occidental Petroleum Corporation 5,663 5,663 412,000 * 412,000 Ohio Bureau of Workers Compensation 3,945 3,945 287,000 * 287,000 Oppenheimer Convertible Securities Fund 164,958 109,972 12,000,000 1.1% 8,000,000 Common Stock Guarantees ---------------------------------- --------------------------------------------------- Number Principal Principal Shares of Shares Amount Percentage of Amount Name of Selling Beneficially Registered for Beneficially Outstanding Registered for Securityholder (1) Owned (2) Sale Hereby(3) Owned($) Guarantees Sale Hereby($) ------------------ ----------- -------------- ----------- ---------- -------------- Raytheon Master Pension Trust 11,918 11,918 867,000 * 867,000 RJR Reynolds 2,845 2,845 207,000 * 207,000 Shell Pension Trust 8,069 8,069 587,000 * 587,000 State of Maryland Retirement Agency 78,148 78,148 5,658,000 * 5,658,000 The Class IC Company, Ltd. 45,019 45,019 3,275,000 * 3,275,000 The Grable Foundation 2,639 2,639 192,000 * 192,000 Tufts Associated Health Plan c/o Income 27,493 27,493 2,000,000 * 2,000,000 Research & Management University of Massachusetts c/o Income 3,780 3,780 275,000 * 275,000 Research & Management Westfield Insurance Company 54,986 54,986 4,000,000 * 4,000,000

--------------- (1) The information set forth herein is as of August 27, 2001. (2) Assumes conversion of the full amount of the unrestricted and restricted ALZA debentures held by such holder at the conversion rate in effect as of August 27, 2001 of 13.7465 shares of Johnson & Johnson common stock per $1000 principal amount of an ALZA debenture. Fractional shares will not be issued upon conversion of the ALZA debentures; cash will be paid in lieu of any fractional shares. (3) Assumes conversion of the full amount of the restricted ALZA debentures held by such holder at the conversion rate in effect as of August 27, 2001 of 13.7465 shares of Johnson & Johnson common stock per $1000 principal amount of an ALZA debenture. Fractional shares will not be issued upon conversion of the ALZA debentures; cash will be paid in lieu of any fractional shares. This prospectus supplement also covers any additional shares of Johnson & Johnson common stock which may become issuable in connection with the shares registered for sale hereby by reason of any stock dividend, stock split, recapitalization or other similar transaction effected without the receipt of consideration which results in an increase in the number of outstanding shares of Johnson & Johnson common stock. * Represents beneficial ownership of less than 1% of the aggregate principal amount of Johnson & Johnson guarantees outstanding as of August 27, 2001. The date of this prospectus is August 31, 2001