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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 4,718 $ 6,085
Short-term marketable debt securities 0 1,179
Accounts receivable, net 4,669 4,660
Inventories 1,853 1,787
Prepaid and other current assets 2,800 2,374
Total current assets 14,041 16,085
Property, plant and equipment, net 5,321 5,317
Long-term marketable debt securities 0 1,163
Intangible assets, net 23,428 26,454
Goodwill 8,314 8,314
Other long-term assets 5,188 4,792
Total assets 56,292 62,125
Current liabilities:    
Accounts payable 622 550
Accrued rebates 4,263 3,802
Other current liabilities 4,464 5,130
Current portion of long-term debt and other obligations, net 3,667 1,798
Total current liabilities 13,015 11,280
Long-term debt, net 21,527 23,189
Long-term income taxes payable 1,967 2,039
Deferred tax liability 933 1,588
Other long-term obligations 1,395 1,280
Commitments and contingencies (Note 10)
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; 1,246 shares issued and outstanding 1 1
Additional paid-in capital 6,813 6,500
Accumulated other comprehensive income 69 28
Retained earnings 10,656 16,304
Total Gilead stockholders’ equity 17,539 22,833
Noncontrolling interest (84) (84)
Total stockholders’ equity 17,455 22,749
Total liabilities and stockholders’ equity $ 56,292 $ 62,125