XML 38 R5.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Balance Sheet - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 3,377 $ 3,860
Short-term investments 291 280
Trade receivables, less allowances of $389 in 2020 and $384 in 2019 5,292 5,425
Inventories:    
Finished products 2,873 2,784
Work in process 615 560
Materials 1,080 972
Total inventories 4,568 4,316
Prepaid expenses and other receivables 1,970 1,786
Total Current Assets 15,498 15,667
Investments 790 883
Property and equipment, at cost 16,707 16,799
Less: accumulated depreciation and amortization 8,800 8,761
Net property and equipment 7,907 8,038
Intangible assets, net of amortization 16,265 17,025
Goodwill 22,927 23,195
Deferred income taxes and other assets 3,390 3,079
Total Assets 66,777 67,887
Current Liabilities:    
Short-term borrowings 204 201
Trade accounts payable 3,181 3,252
Salaries, wages and commissions 949 1,237
Other accrued liabilities 4,408 4,035
Dividends payable 637 635
Income taxes payable 165 226
Current portion of long-term debt 1,264 1,277
Total Current Liabilities 10,808 10,863
Long-term debt 16,804 16,661
Post-employment obligations, deferred income taxes and other long-term liabilities 8,738 9,062
Commitments and Contingencies
Shareholders' Investment:    
Preferred shares, one dollar par value Authorized - 1,000,000 shares, none issued
Common shares, without par value Authorized - 2,400,000,000 shares, Issued at stated capital amount - Shares: 2020: 1,978,112,501; 2019: 1,976,855,085 23,731 23,853
Common shares held in treasury, at cost - Shares: 2020: 209,267,175 ; 2019: 214,351,838 (9,913) (10,147)
Earnings employed in the business 25,786 25,847
Accumulated other comprehensive income (loss) (9,386) (8,465)
Total Abbott Shareholders' Investment 30,218 31,088
Noncontrolling Interests in Subsidiaries 209 213
Total Shareholders' Investment 30,427 31,301
Total Liabilities and Shareholders' Investment $ 66,777 $ 67,887