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Supplemental Financial Information (Tables)
12 Months Ended
Dec. 31, 2024
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, 2022$262 
Provisions/charges to income26 
Amounts charged off and other deductions(47)
Balance at December 31, 2023241 
Provisions/charges to income61 
Amounts charged off and other deductions(55)
Balance at December 31, 2024$247 
Schedule of Long-term Investments
The detail of various balance sheet components is as follows:
(in millions)December 31,
2024
December 31,
2023
Long-term Investments:
Equity securities$553 $555 
Other333 244 
Total$886 $799 
Schedule of Other Accrued Liabilities
(in millions)December 31,
2024
December 31,
2023
Other Accrued Liabilities:
Accrued rebates payable to government agencies$621 $650 
Accrued other rebates (a)1,098 1,091 
All other 3,424 3,681 
Total$5,143 $5,422 
________________________________________________________
(a)
Accrued wholesaler chargeback rebates of $262 million and $232 million at December 31, 2024 and 2023, 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,
2024
December 31,
2023
Post-employment Obligations and Other Long-term Liabilities:
Defined benefit pension plans and post-employment medical and dental plans for significant plans$1,880 $1,964 
Deferred income taxes512 568 
Operating lease liabilities896 949 
All other (b)3,443 3,466 
Total$6,731 $6,947 
________________________________________________________
(b)
Includes approximately $860 million and $650 million of net unrecognized tax benefits and $210 million and $430 million of transition tax obligation related to the TCJA in 2024 and 2023, respectively.