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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 29, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents [1] $ 2,151 $ 1,305 [2]
Short-term investments [1] 8,199 8,525
Trade accounts receivable, less allowance for doubtful accounts: 2020—$527; 2019—$527 [1] 9,881 8,724
Inventories [1],[3] 8,423 8,283
Current tax assets [1] 3,346 3,344
Other current assets [1] 2,737 2,622
Total current assets [1] 34,738 32,803
Equity-method investments [1] 15,524 17,133
Long-term investments [1] 2,696 3,014
Property, plant and equipment, less accumulated depreciation: 2020—$16,929; 2019—$16,789 [1] 14,040 13,967
Identifiable intangible assets, less accumulated amortization [1],[4] 34,464 35,370
Goodwill [1] 58,502 58,653
Noncurrent deferred tax assets and other noncurrent tax assets [1] 2,207 2,099
Other noncurrent assets [1] 4,166 4,450
Total assets [1] 166,336 167,489
Liabilities and Equity    
Short-term borrowings, including current portion of long-term debt: 2020—$337; 2019—$1,462 [1] 16,007 16,195
Trade accounts payable [1] 3,972 4,220
Dividends payable [1] 0 2,104
Income taxes payable [1] 1,150 980
Accrued compensation and related items [1] 2,246 2,720
Other current liabilities [1] 10,515 11,083
Total current liabilities [1] 33,890 37,304
Long-term debt [1] 36,281 35,955
Pension benefit obligations, net [1] 5,442 5,638
Postretirement benefit obligations, net [1] 1,093 1,124
Noncurrent deferred tax liabilities [1] 5,268 5,578
Other taxes payable [1] 12,212 12,126
Other noncurrent liabilities [1] 6,812 6,317
Total liabilities [1] 100,998 104,042
Commitments and Contingencies [1]
Preferred stock [1] 17 17
Common stock [1] 470 468
Additional paid-in capital [1] 87,680 87,428
Treasury stock [1] (111,010) (110,801)
Retained earnings [1] 101,000 97,670
Accumulated other comprehensive loss [1] (13,131) (11,640)
Total Pfizer Inc. shareholders’ equity [1] 65,026 63,143
Equity attributable to noncontrolling interests [1] 312 303
Total equity [1],[5] 65,338 63,447
Total liabilities and equity [1] $ 166,336 $ 167,489
[1]
Amounts may not add due to rounding.
[2]
Amounts may not add due to rounding.
[3]
The change from December 31, 2019 reflects increases for certain products, including inventory build for new product launches, market demand and network strategy, partially offset by a decrease due to foreign exchange.
[4]
The decrease in Identifiable intangible assets, less accumulated amortization, is primarily due to amortization.
[5]
Amounts may not add due to rounding.