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Equity (Tables)
12 Months Ended
Dec. 31, 2015
Equity  
Summary of AbbVie stock option activity for both AbbVie and Abbott employees

                                                                                                                                                                                    

year ended December 31
(options in thousands, aggregate intrinsic value in millions)

 

Options

 

Weighted-
average
exercise price

 

Weighted-
average
remaining
life (in years)

 

Aggregate
intrinsic value

 

​  

​  

​  

​  

​  

​  

​  

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​  

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Outstanding at beginning of period

 

 

28,280

 

$

28.53

 

 

3.3

 

$

1,044

 

Granted

 

 

1,207

 

 

58.83

 

 

 

 

 

 

 

Exercised

 

 

(5,871

)

 

26.31

 

 

 

 

 

 

 

Lapsed

 

 

(47

)

 

27.50

 

 

 

 

 

 

 

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​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

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Outstanding at end of period

 

 

23,569

 

$

30.64

 

 

3.0

 

$

674

 

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Exercisable at end of period

 

 

21,091

 

$

28.16

 

 

2.4

 

$

656

 

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Summary of AbbVie RSA and RSU activity (including performance-based awards) for both AbbVie and Abbott employees

                                                                                                                                                                                    

year ended December 31 (share units in thousands)

 

Share units

 

Weighted-average
grant date fair value

 

​  

​  

​  

​  

​  

​  

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Outstanding at beginning of period

 

 

12,815

 

$

40.98

 

Granted

 

 

6,052

 

 

60.85

 

Vested

 

 

(5,702

)

 

37.46

 

Lapsed

 

 

(675

)

 

51.11

 

​  

​  

​  

​  

​  

​  

​  

Outstanding at end of period

 

 

12,490

 

$

51.66

 

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​  

​  

​  

​  

​  

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​  

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Summary of changes in balances of each component of accumulated other comprehensive loss

                                                                                                                                                                                    

(in millions) (brackets denote losses)

 

Foreign
currency
translation
adjustments

 

Pension
and post-
employment
benefits

 

Unrealized
gains
(losses) on
marketable
equity
securities

 

Hedging
activities

 

Total

 

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Balance as of December 31, 2012

 

$

181

 

$

(511

)

$

1

 

$

(21

)

$

(350

)

Other comprehensive income (loss) before reclassifications

 

 

48

 

 

519

 

 

1

 

 

(77

)

 

491

 

Net losses reclassified from accumulated other comprehensive loss

 

 

 

 

79

 

 

 

 

 

 

79

 

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​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

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Net current-period other comprehensive income (loss)

 

 

48

 

 

598

 

 

1

 

 

(77

)

 

570

 

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​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

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Separation-related adjustments

 

 

241

 

 

(914

)

 

 

 

11

 

 

(662

)

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​  

​  

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Balance as of December 31, 2013

 

 

470

 

 

(827

)

 

2

 

 

(87

)

 

(442

)

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​  

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​  

​  

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Other comprehensive (loss) income before reclassifications

 

 

(1,073

)

 

(827

)

 

1

 

 

187

 

 

(1,712

)

Net losses reclassified from accumulated other comprehensive loss

 

 

 

 

46

 

 

 

 

77

 

 

123

 

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Net current-period other comprehensive (loss) income

 

 

(1,073

)

 

(781

)

 

1

 

 

264

 

 

(1,589

)

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Balance as of December 31, 2014

 

 

(603

)

 

(1,608

)

 

3

 

 

177

 

 

(2,031

)

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Other comprehensive income before reclassifications

 

 

(667

)

 

147

 

 

48

 

 

122

 

 

(350

)

Net losses (gains) reclassified from accumulated other comprehensive loss

 

 

 

 

83

 

 

(4

)

 

(259

)

 

(180

)

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​  

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Net current-period other comprehensive (loss) income

 

 

(667

)

 

230

 

 

44

 

 

(137

)

 

(530

)

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Balance as of December 31, 2015

 

$

(1,270

)

$

(1,378

)

$

47

 

$

40

 

$

(2,561

)

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Schedule of the significant amounts reclassified out of each component of accumulated other comprehensive loss

                                                                                                                                                                                    

years ended December 31 (in millions) (brackets denote gains)

 

2015

 

2014

 

2013

 

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Pension and post-employment benefits

 

 

 

 

 

 

 

 

 

 

Amortization of actuarial losses and other(a)

 

$

129

 

$

66

 

$

114

 

Less tax benefit

 

 

(46

)

 

(20

)

 

(35

)

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Total reclassifications, net of tax

 

$

83

 

$

46

 

$

79

 

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​  

​  

​  

​  

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Hedging activities

 

 


 

 

 


 

 

 


 

 

(Gains) losses on designated cash flow hedges(b)

 

$

(265

)

$

79

 

$

 

Less tax expense (benefit)

 

 

6

 

 

(2

)

 

 

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Total reclassifications, net of tax

 

$

(259

)

$

77

 

$

 

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(a)          

Amounts are included in the computation of net periodic benefit cost (see Note 11).

(b)          

Amounts are included in cost of products sold (see Note 10).