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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 13,242 $ 6,841
Short-term investments 447 252
Accounts receivable (net of allowance for doubtful accounts of $89 in 2024 and $88 in 2023) 10,278 10,349
Inventories (excludes inventories of $4,193 in 2024 and $3,348 in 2023 classified in Other assets - see Note 7) 6,109 6,358
Other current assets 8,706 8,368
Total current assets 38,782 32,168
Investments 463 252
Property, Plant and Equipment (at cost)    
Land 307 326
Buildings 16,360 14,966
Machinery, equipment and office furnishings 18,283 17,763
Construction in progress 7,984 8,262
Property, plant and equipment (at cost) 42,934 41,317
Less: accumulated depreciation 19,155 18,266
Property, plant and equipment, net 23,779 23,051
Goodwill 21,668 21,197
Other Intangibles, Net 16,370 18,011
Other Assets 16,044 11,996
Total Assets 117,106 106,675
Current Liabilities    
Loans payable and current portion of long-term debt 2,649 1,372
Trade accounts payable 4,079 3,922
Accrued and other current liabilities 15,694 15,766
Income taxes payable 3,914 2,649
Dividends payable 2,084 1,985
Total current liabilities 28,420 25,694
Long-Term Debt 34,462 33,683
Deferred Income Taxes 1,387 871
Other Noncurrent Liabilities 6,465 8,792
Merck & Co., Inc. Stockholders’ Equity    
Common stock, $0.50 par value Authorized - 6,500,000,000 shares Issued - 3,577,103,522 shares in 2024 and 2023 1,788 1,788
Other paid-in capital 44,704 44,509
Retained earnings 63,069 53,895
Accumulated other comprehensive loss (4,945) (5,161)
Stockholders' equity before deduction for treasury stock 104,616 95,031
Less treasury stock, at cost: 1,049,466,187 shares in 2024 and 1,045,470,249 shares in 2023 58,303 57,450
Total Merck & Co., Inc. stockholders’ equity 46,313 37,581
Noncontrolling Interests 59 54
Total equity 46,372 37,635
Total Liabilities and Equity $ 117,106 $ 106,675