Supplemental Financial Information (Tables)

12 Months Ended

Dec. 31, 2023

Disclosure Text Block Supplement [Abstract]

Summary of Allowance for Doubtful Accounts Activity

The following summarizes the activity related to the allowance for doubtful accounts:

(in millions)
Allowance for Doubtful Accounts:
Balance at December 31, 2021	$	313
Provisions/charges to income	6
Amounts charged off and other deductions	(57)
Balance at December 31, 2022	262
Provisions/charges to income	26
Amounts charged off and other deductions	(47)
Balance at December 31, 2023	$	241

Schedule of Long-term Investments

The detail of various balance sheet components is as follows:

(in millions)	December 31, 2023		December 31, 2022
Long-term Investments:
Equity securities	$	555	$	558
Other	244		208
Total	$	799	$	766

Schedule of Other Accrued Liabilities

(in millions)	December 31, 2023		December 31, 2022
Other Accrued Liabilities:
Accrued rebates payable to government agencies	$	650	$	638
Accrued other rebates (a)	1,091		1,087
All other	3,681		4,120
Total	$	5,422	$	5,845

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(a) Accrued wholesaler chargeback rebates of $232 million and $234 million at December 31, 2023 and 2022, respectively, are netted in trade receivables because Abbott’s customers are invoiced at a higher catalog price but only remit to Abbott their contract price for the products.

Schedule of Post-employment Obligations and Other Long-term Liabilities

(in millions)	December 31, 2023		December 31, 2022
Post-employment Obligations and Other Long-term Liabilities:
Defined benefit pension plans and post-employment medical and dental plans for significant plans	$	1,964	$	1,784
Deferred income taxes	568		991
Operating lease liabilities	949		943
All other (b)	3,466		3,804
Total	$	6,947	$	7,522

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(b) Includes approximately $650 million and $850 million of net unrecognized tax benefits and $430 million and $740 million of transition tax obligation related to the TCJA in 2023 and 2022, respectively.