On its “Facts About Talc” website, Johnson & Johnson states that its talc-based products are are asbestos-free, and cites several studies that found no overall increase in ovarian cancer risk among women who used talcum powder versus women who didn’t. It also cites that FDA study mentioned above, which found no asbestos in Johnson & Johnson’s talc-based baby powder.
Talcum powder is made from talc, a mineral made up mainly of the elements magnesium, silicon, and oxygen. As a powder, it absorbs moisture well and helps cut down on friction, making it useful for keeping skin dry and helping to prevent rashes. It is widely used in cosmetic products such as baby powder and adult body and facial powders, as well as in a number of other consumer products.
Why talc free? There is some controversy regarding the safety of talcum powder. Back in the day, it contained asbestos (a known carcinogen), but from the 70's forward, all talc used in bath and body products in the US is asbestos free. So what's the issue? Some believe that even the asbestos free talc is carcinogenic and studies have been unable to prove otherwise.  Bits from the American' Cancer Society's page "Talcum Powder and Cancer" like this:

First Coast Women's Services. The mailing address is 11215 San Jose Boulevard, Jacksonville, Florida 32223. The non-profit supports lower income women in Duval County. Diapers, referrals, and other aid is provided to those that qualify. Call (904) 262-6300, or try another non-profit known as Emergency Pregnancy Services at (904) 308-7510. More diaper programs in Duval County.
In addition to the other two baby Registries, Babies R Us will PAY YOU 10% in reward dollars for anything purchased on your registry! WHAT?! Yes, that means you can use the money (via a gift card) to buy more items (aka get Diapers for FREE!), and remember, Babies R Us (or Toys R Us) take coupons. And, you can also use a manufacturer coupon on those diapers to get even more for your money!
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