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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 5,660 $ 12,694
Short-term investments 718 498
Accounts receivable (net of allowance for doubtful accounts of $86 in 2023 and $72 in 2022) 11,030 9,450
Inventories (excludes inventories of $3,220 in 2023 and $2,938 in 2022 classified in Other assets - see Note 7) 5,930 5,911
Other current assets 6,639 7,169
Total current assets 29,977 35,722
Investments 1,214 1,015
Property, Plant and Equipment, at cost, net of accumulated depreciation of $18,432 in 2023 and $17,985 in 2022 22,231 21,422
Goodwill 21,195 21,204
Other Intangibles, Net 19,665 20,269
Other Assets 10,187 9,528
Total Assets 104,469 109,160
Current Liabilities    
Loans payable and current portion of long-term debt 2,839 1,946
Trade accounts payable 3,442 4,264
Accrued and other current liabilities 13,747 14,159
Income taxes payable 1,489 1,986
Dividends payable 1,877 1,884
Total current liabilities 23,394 24,239
Long-Term Debt 34,072 28,745
Deferred Income Taxes 996 1,795
Other Noncurrent Liabilities 7,265 8,323
Merck & Co., Inc. Stockholders’ Equity    
Common stock, $0.50 par value Authorized - 6,500,000,000 shares Issued - 3,577,103,522 shares in 2023 and 2022 1,788 1,788
Other paid-in capital 44,219 44,379
Retained earnings 54,198 61,081
Accumulated other comprehensive loss (4,900) (4,768)
Stockholders' equity before deduction for treasury stock 95,305 102,480
Less treasury stock, at cost: 1,037,678,033 shares in 2023 and 1,039,269,638 shares in 2022 56,612 56,489
Total Merck & Co., Inc. stockholders’ equity 38,693 45,991
Noncontrolling Interests 49 67
Total equity 38,742 46,058
Liabilities and Equity $ 104,469 $ 109,160