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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Assets    
Cash and cash equivalents $ 2,134 $ 10,389
Short-term investments 33,212 22,319
Accounts receivable, less allowance for doubtful accounts 12,735 12,378
Inventories 7,035 7,063
Taxes and other current assets 9,647 9,266
Total current assets 64,763 61,415
Long-term investments 15,392 14,149
Property, plant and equipment, less accumulated depreciation 13,950 14,461
Goodwill 43,752 44,672
Identifiable intangible assets, less accumulated amortization 44,109 [1] 46,013 [1]
Taxes and other noncurrent assets 5,432 5,088
Total assets 187,398 185,798
Liabilities and Equity    
Short-term borrowings, including current portion of long-term debt 8,896 [2],[3] 6,424 [2],[3]
Accounts payable 3,279 4,264
Dividends payable 5 1,734
Income taxes payable 1,158 1,010
Accrued compensation and related items 1,684 2,046
Other current liabilities 12,521 13,141
Total current liabilities 27,543 28,619
Long-term debt 31,481 [2],[4],[5] 31,036 [2],[4],[5]
Pension benefit obligations 7,733 7,830
Postretirement benefit obligations 3,470 3,493
Noncurrent deferred tax liabilities 22,445 21,593
Other taxes payable 6,761 6,610
Other noncurrent liabilities 5,138 4,939
Total liabilities 104,571 104,120
Commitments and Contingencies      
Preferred stock 38 39
Common stock 450 448
Additional paid-in capital 75,778 72,608
Employee benefit trusts (1) (1)
Treasury stock (44,832) (40,121)
Retained earnings 56,972 54,240
Accumulated other comprehensive loss (6,155) (5,953)
Total Pfizer Inc. shareholders' equity 82,250 81,260
Equity attributable to noncontrolling interests 577 418
Total equity 82,827 81,678
Total liabilities and equity $ 187,398 $ 185,798
[1] The decrease is primarily related to amortization, an asset impairment charge and the transfer of certain product rights to our equity-method investment in China. For additional information about the asset impairment charge, see Note 4. Other Deductions—Net. For additional information about the transfer of certain product rights, see Note 2D. Acquisitions, Divestitures, Collaborative Arrangement and Equity-Method Investment: Equity-Method Investment.
[2] Some carrying amounts may include adjustments for discount or premium amortization or for the effect of interest rate swaps designated as hedges.
[3] The differences between the estimated fair values and carrying values of held-to-maturity debt securities, private equity securities at cost and short-term borrowings not measured at fair value on a recurring basis were not significant as of March 31, 2013 or December 31, 2012. The fair value measurements of our held-to-maturity debt securities and our short-term borrowings are based on Level 2 inputs, using a market approach. The fair value measurements of our private equity securities at cost are based on Level 3 inputs, using a market approach.
[4] The fair value of our long-term debt (not including the current portion of long-term debt) is $37.8 billion as of March 31, 2013 and $37.5 billion as of December 31, 2012. The fair value measurements for our long-term debt are based on Level 2 inputs, using a market approach.
[5] Includes foreign currency debt with fair values of $735 million as of March 31, 2013 and $809 million as of December 31, 2012, which are used as hedging instruments.