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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 12,694 $ 8,096
Short-term investments 498 0
Accounts receivable (net of allowance for doubtful accounts of $72 in 2022 and $62 in 2021) 9,450 9,230
Inventories (excludes inventories of $2,938 in 2022 and $2,194 in 2021 classified in Other assets - see Note 8) 5,911 5,953
Other current assets 7,169 6,987
Total current assets 35,722 30,266
Investments 1,015 370
Property, Plant and Equipment (at cost)    
Land 295 326
Buildings 13,166 12,529
Machinery, equipment and office furnishings 16,760 16,303
Construction in progress 9,186 8,313
Property, plant and equipment (at cost) 39,407 37,471
Less: accumulated depreciation 17,985 18,192
Property, plant and equipment, net 21,422 19,279
Goodwill 21,204 21,264
Other Intangibles, Net 20,269 22,933
Other Assets 9,528 11,582
Total Assets 109,160 105,694
Current Liabilities    
Loans payable and current portion of long-term debt 1,946 2,412
Trade accounts payable 4,264 4,609
Accrued and other current liabilities 14,159 13,859
Income taxes payable 1,986 1,224
Dividends payable 1,884 1,768
Total current liabilities 24,239 23,872
Long-Term Debt 28,745 30,690
Deferred Income Taxes 1,795 3,441
Other Noncurrent Liabilities 8,323 9,434
Merck & Co., Inc. Stockholders’ Equity    
Common stock, $0.50 par value Authorized - 6,500,000,000 shares Issued - 3,577,103,522 shares in 2022 and 2021 1,788 1,788
Other paid-in capital 44,379 44,238
Retained earnings 61,081 53,696
Accumulated other comprehensive loss (4,768) (4,429)
Stockholders' equity before deduction for treasury stock 102,480 95,293
Less treasury stock, at cost: 1,039,269,638 shares in 2022 and 1,049,499,023 shares in 2021 56,489 57,109
Total Merck & Co., Inc. stockholders’ equity 45,991 38,184
Noncontrolling Interests 67 73
Total equity 46,058 38,257
Total Liabilities and Equity $ 109,160 $ 105,694