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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 7,616 $ 6,896
Investments, primarily bank time deposits and U.S. treasury bills 351 383
Trade receivables, less allowances of — 2024: $439; 2023: $444 6,925 6,565
Inventories:    
Finished products 3,700 3,946
Work in process 840 807
Materials 1,654 1,817
Total inventories 6,194 6,570
Other prepaid expenses and receivables 2,570 2,256
Total current assets 23,656 22,670
Investments 886 799
Property and equipment, at cost:    
Land 528 529
Buildings 4,207 4,161
Equipment 15,517 15,179
Construction in progress 2,488 2,064
Property and equipment, at cost 22,740 21,933
Less: accumulated depreciation and amortization 12,082 11,779
Net property and equipment 10,658 10,154
Intangible assets, net of amortization 6,647 8,815
Goodwill 23,108 23,679
Deferred income taxes and other assets 16,459 7,097
Total Assets 81,414 73,214
Current liabilities:    
Trade accounts payable 4,195 4,295
Salaries, wages and commissions 1,701 1,597
Other accrued liabilities 5,143 5,422
Dividends payable 1,024 955
Income taxes payable 594 492
Current portion of long-term debt 1,500 1,080
Total current liabilities 14,157 13,841
Long-term debt 12,625 13,599
Post-employment obligations and other long-term liabilities 6,731 6,947
Commitments and contingencies
Shareholders’ investment:    
Preferred shares, one dollar par value Authorized — 1,000,000 shares, none issued 0 0
Common shares, without par value Authorized — 2,400,000,000 shares Issued at stated capital amount — Shares: 2024: 1,991,472,630; 2023: 1,987,883,852 25,153 24,869
Common shares held in treasury, at cost — Shares: 2024: 259,774,639; 2023: 253,807,494 (16,844) (15,981)
Earnings employed in the business 47,261 37,554
Accumulated other comprehensive income (loss) (7,906) (7,839)
Total Abbott Shareholders’ Investment 47,664 38,603
Noncontrolling interests in subsidiaries 237 224
Total Shareholders’ Investment 47,901 38,827
Total Liabilities and Shareholders' Investment $ 81,414 $ 73,214