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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 6,746 $ 11,631
Short-term marketable securities 12,168 12,721
Accounts receivable, net of allowances of $698 and $758, respectively 3,194 3,582
Inventories 1,052 922
Prepaid and other current assets 1,483 1,440
Total current assets 24,643 30,296
Property, plant and equipment, net 4,653 4,502
Long-term marketable securities 2,276 1,488
Intangible assets, net 13,225 13,786
Goodwill 4,117 4,117
Other long-term assets 7,020 7,438
Total assets 55,934 61,627
Current liabilities:    
Accounts payable 532 713
Accrued government and other rebates 3,337 3,473
Other accrued liabilities 3,696 3,074
Current portion of long-term debt and other obligations, net 2,999 2,499
Total current liabilities 10,564 9,759
Long-term debt, net 21,103 22,094
Long-term income taxes payable 5,107 6,115
Other long-term obligations 1,018 1,009
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, par value $0.001 per share; 5 shares authorized; none outstanding 0 0
Common stock, par value $0.001 per share; 5,600 shares authorized; 1,254 and 1,266 shares issued and outstanding, respectively 1 1
Additional paid-in capital 3,511 3,051
Accumulated other comprehensive income 70 85
Retained earnings 14,445 19,388
Total Gilead stockholders’ equity 18,027 22,525
Noncontrolling interest 115 125
Total stockholders’ equity 18,142 22,650
Total liabilities and stockholders’ equity $ 55,934 $ 61,627