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Condensed Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 6,284 $ 6,896
Short-term investments 367 383
Trade receivables, less allowances of $439 in 2024 and $444 in 2023 6,605 6,565
Inventories:    
Finished products 4,063 3,946
Work in process 881 807
Materials 1,883 1,817
Total inventories 6,827 6,570
Prepaid expenses and other receivables 2,293 2,256
Total Current Assets 22,376 22,670
Investments 818 799
Property and equipment, at cost 22,055 21,933
Less: accumulated depreciation and amortization 11,948 11,779
Net property and equipment 10,107 10,154
Intangible assets, net of amortization 8,296 8,815
Goodwill 23,383 23,679
Deferred income taxes and other assets 7,487 7,097
Total Assets 72,467 73,214 CloseClose
Current Liabilities:     Close
Trade accounts payable 4,178 4,295 Close
Salaries, wages and commissions 1,092 1,597 Close
Other accrued liabilities 5,220 5,422 Close
Dividends payable 959 955 Close
Income taxes payable 562 492 Close
Current portion of long-term debt 2,010 1,080 Close
Total Current Liabilities 14,021 13,841
Long-term debt 12,576 13,599 Close
Post-employment obligations, deferred income taxes and other long-term liabilities 6,827 6,947 Close
Commitments and Contingencies Close
Shareholders’ Investment:    
Total Liabilities 33424.0 34387.0 0 0 0 Close Close
Preferred shares, one dollar par value Authorized — 1,000,000 shares, none issued 0 0 Close
Common shares, without par value Authorized — 2,400,000,000 shares Issued at stated capital amount — Shares: 2024: 1,989,789,999; 2023: 1,987,883,852 24,726 24,869
Common shares held in treasury, at cost — Shares: 2024: 250,155,515; 2023: 253,807,494 (15,761) (15,981)
Earnings employed in the business 38,011 37,554
Accumulated other comprehensive income (loss) (8,166) (7,839)
Total Abbott Shareholders’ Investment 38,810 38,603
Noncontrolling Interests in Subsidiaries 233 224 Close
Total Shareholders’ Investment 39,043 38,827 CloseClose
Total Liabilities and Shareholders' Investment $ 72,467 $ 73,214