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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 3,556 $ 3,300
Accounts receivables, net of allowance for credit losses of $81 million and $78 million as of December 31, 2025 and December 31, 2024, respectively 3,709 3,059
Inventories 3,179 3,007
Prepaid expenses 1,122 1,006
Other current assets 539 409
Assets held for sale 1,842 1,771
Total current assets 13,946 12,552
Deferred income taxes 2,191 1,799
Other non-current assets 405 462
Property, plant and equipment, net 4,080 4,581
Operating lease right-of-use assets 345 367
Identifiable intangible assets, net 3,781 4,418
Goodwill [1] 16,000 15,147
Total assets 40,748 39,326
Current liabilities:    
Short-term debt 1,820 1,781
Sales reserves and allowances 4,143 3,678
Accounts payables 2,531 2,203
Employee-related obligations 739 624
Accrued expenses 2,687 2,792
Other current liabilities 1,182 1,020
Liabilities held for sale 354 698
Total current liabilities 13,456 12,796
Long-term liabilities:    
Deferred income taxes 296 483
Other taxes and long-term liabilities 3,808 4,028
Senior notes and loans 14,986 16,002
Operating lease liabilities 288 296
Total long-term liabilities 19,379 20,809
Commitments and contingencies, see note 12
Total liabilities 32,834 33,606
Redeemable non-controlling interests 0 340
Teva shareholders' equity:    
Ordinary shares of NIS 0.10 par value per share; December 31, 2025 and December 31, 2024: authorized 2,495 million shares; issued 1,257 million shares and 1,240 million shares, respectively 58 58
Additional paid-in capital 28,133 27,764
Accumulated deficit (13,762) (15,173)
Accumulated other comprehensive loss (2,391) (3,148)
Treasury shares as of December 31, 2025 and December 31, 2024: 107 million ordinary shares (4,128) (4,128)
Stockholders' equity attributable to Teva shareholders 7,910 5,373
Non-controlling interests 4 7
Total equity 7,914 5,380
Total liabilities, redeemable non-controlling interests and equity $ 40,748 $ 39,326
[1] Cumulative goodwill impairment as of December 31, 2025, 2024 and 2023, was approximately $29.6 billion, $29.6 billion and $28.3 billion, respectively.