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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents [1] $ 1,784 $ 1,139 [2]
Short-term investments [1] 11,128 17,694
Trade accounts receivable, less allowance for doubtful accounts: 2019—$540; 2018—$541 [1] 9,793 8,025
Inventories [1],[3] 8,233 7,508
Current tax assets [1] 3,723 3,374
Other current assets [1] 2,535 2,461
Assets held for sale [1] 9,877 9,725
Total current assets [1] 47,073 49,926
Long-term investments [1] 2,905 2,767
Property, plant and equipment, less accumulated depreciation: 2019—$16,389; 2018—$16,591 [1] 13,521 13,385
Identifiable intangible assets, less accumulated amortization [1],[4] 33,024 35,211
Goodwill [1] 53,352 53,411
Noncurrent deferred tax assets and other noncurrent tax assets [1] 1,935 1,924
Other noncurrent assets [1] 4,388 2,799
Total assets [1] 156,199 159,422
Liabilities and Equity    
Short-term borrowings, including current portion of long-term debt: 2019—$2,139; 2018—$4,776 [1] 10,507 8,831
Trade accounts payable [1] 4,002 4,674
Dividends payable [1] 1,991 2,047
Income taxes payable [1] 1,536 1,265
Accrued compensation and related items [1] 1,875 2,397
Other current liabilities [1] 10,110 10,753
Liabilities held for sale [1] 2,009 1,890
Total current liabilities [1] 32,030 31,858
Long-term debt [1] 36,168 32,909
Pension benefit obligations, net [1] 4,982 5,272
Postretirement benefit obligations, net [1] 1,310 1,338
Noncurrent deferred tax liabilities [1] 3,180 3,700
Other taxes payable [1] 12,421 14,737
Other noncurrent liabilities [1] 6,183 5,850
Total liabilities [1] 96,274 95,664
Commitments and Contingencies [1]
Preferred stock [1] 18 19
Common stock [1] 468 467
Additional paid-in capital [1] 86,963 86,253
Treasury stock [1] (110,786) (101,610)
Retained earnings [1] 94,440 89,554
Accumulated other comprehensive loss [1] (11,535) (11,275)
Total Pfizer Inc. shareholders’ equity [1] 59,568 63,407
Equity attributable to noncontrolling interests [1] 357 351
Total equity [1],[5] 59,924 63,758
Total liabilities and equity [1] $ 156,199 $ 159,422
[1]
Amounts may not add due to rounding.
[2]
Amounts may not add due to rounding.
[3]
The change from December 31, 2018 reflects increases for certain products to meet targeted levels in the normal course of business, including inventory build for supply recovery and market demand, partially offset by a decrease due to foreign exchange.
[4]
The decrease in Identifiable intangible assets, less accumulated amortization, is primarily due to amortization and intangible asset impairment charges, partially offset by additions for the period. See Note 4 for additional information on intangible asset impairments.
[5]
Amounts may not add due to rounding.