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10-Q Filing

ABBVIE INC. CIK: 1551152 Q2 2022
Filing Information
Form Type 10-Q
Accession Number 0001551152-22-000030
Period End Date 20220630
Filing Date 20220804
Fiscal Year 2022
Fiscal Period Q2
XBRL Instance abbv-20220630_htm.xml
Balance Sheet 70 line items
Line Item Tag Value Unit Period
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, authorized (in shares) CommonStockSharesAuthorized 4.00B shares Point-in-time
Common stock, authorized (in shares) CommonStockSharesAuthorized 4.00B shares Point-in-time
Common stock, issued (in shares) CommonStockSharesIssued 1.80B shares Point-in-time
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $9.75B USD Point-in-time
Common stock, issued (in shares) CommonStockSharesIssued 1.81B shares Point-in-time
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $8.52B USD Point-in-time
Common stock held in treasury, at cost (in shares) TreasuryStockShares 44.60M shares Point-in-time
Common stock held in treasury, at cost (in shares) TreasuryStockShares 34.86M shares Point-in-time
Short-term investments ShortTermInvestments $84.00M USD Point-in-time
Short-term investments ShortTermInvestments $1.44B USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $9.98B USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $11.24B USD Point-in-time
Inventories InventoryNet $3.40B USD Point-in-time
Inventories InventoryNet $3.13B USD Point-in-time
Prepaid expenses and other PrepaidExpenseAndOtherAssets $4.99B USD Point-in-time
Prepaid expenses and other PrepaidExpenseAndOtherAssets $4.51B USD Point-in-time
Total current assets AssetsCurrent $29.10B USD Point-in-time
Total current assets AssetsCurrent $27.93B USD Point-in-time
Investments LongTermInvestments $277.00M USD Point-in-time
Investments LongTermInvestments $244.00M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $4.96B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $5.11B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $75.95B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $71.82B USD Point-in-time
Goodwill Goodwill $32.03B USD Point-in-time
Goodwill Goodwill $32.38B USD Point-in-time
Other assets OtherAssetsNoncurrent $4.88B USD Point-in-time
Other assets OtherAssetsNoncurrent $5.03B USD Point-in-time
Total assets Assets $146.53B USD Point-in-time
Total assets Assets $143.19B USD Point-in-time
Short-term borrowings ShortTermBorrowings $14.00M USD Point-in-time
Short-term borrowings ShortTermBorrowings $17.00M USD Point-in-time
Current portion of long-term debt and finance lease obligations LongTermDebtAndCapitalLeaseObligationsCurrent $12.48B USD Point-in-time
Current portion of long-term debt and finance lease obligations LongTermDebtAndCapitalLeaseObligationsCurrent $11.91B USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $22.54B USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $22.70B USD Point-in-time
Total current liabilities LiabilitiesCurrent $34.47B USD Point-in-time
Total current liabilities LiabilitiesCurrent $35.19B USD Point-in-time
Long-term debt and finance lease obligations LongTermDebtAndCapitalLeaseObligations $64.19B USD Point-in-time
Long-term debt and finance lease obligations LongTermDebtAndCapitalLeaseObligations $61.00B USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $2.25B USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $3.01B USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $30.77B USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $28.70B USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Common stock, $0.01 par value, 4,000,000,000 shares authorized, 1,812,622,099 shares issued as of June 30, 2022 and 1,803,195,293 as of December 31, 2021 CommonStockValueOutstanding $18.00M USD Point-in-time
Common stock, $0.01 par value, 4,000,000,000 shares authorized, 1,812,622,099 shares issued as of June 30, 2022 and 1,803,195,293 as of December 31, 2021 CommonStockValueOutstanding $18.00M USD Point-in-time
Common stock held in treasury, at cost, 44,595,448 shares as of June 30, 2022 and 34,857,597 as of December 31, 2021 TreasuryStockValue $3.14B USD Point-in-time
Common stock held in treasury, at cost, 44,595,448 shares as of June 30, 2022 and 34,857,597 as of December 31, 2021 TreasuryStockValue $4.59B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $18.30B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $18.91B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $3.13B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $3.52B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.90B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-3.20B USD Point-in-time
Total stockholders' equity StockholdersEquity $15.41B USD Point-in-time
Total stockholders' equity StockholdersEquity $14.65B USD Point-in-time
Noncontrolling interest MinorityInterest $35.00M USD Point-in-time
Noncontrolling interest MinorityInterest $28.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $13.10B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $13.73B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.69B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.59B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.44B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.31B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $143.19B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $146.53B USD Point-in-time
Income Statement 80 line items
Line Item Tag Value Unit Period
Net revenues Revenues $26.97B USD 2 Qtrs
Net revenues Revenues $13.96B USD 1 Quarter
Net revenues Revenues $14.58B USD 1 Quarter
Net revenues Revenues $28.12B USD 2 Qtrs
Cost of products sold CostOfGoodsAndServicesSold $4.52B USD 1 Quarter
Cost of products sold CostOfGoodsAndServicesSold $4.17B USD 1 Quarter
Cost of products sold CostOfGoodsAndServicesSold $8.74B USD 2 Qtrs
Cost of products sold CostOfGoodsAndServicesSold $8.22B USD 2 Qtrs
Selling, general and administrative SellingGeneralAndAdministrativeExpense $5.41B USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $3.16B USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $8.54B USD 2 Qtrs
Selling, general and administrative SellingGeneralAndAdministrativeExpense $6.01B USD 2 Qtrs
Research and development ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $1.77B USD 1 Quarter
Research and development ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $3.11B USD 2 Qtrs
Research and development ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $3.43B USD 2 Qtrs
Research and development ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $1.61B USD 1 Quarter
Acquired IPR&D and milestones ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff $317.00M USD 2 Qtrs
Acquired IPR&D and milestones ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff $269.00M USD 1 Quarter
Acquired IPR&D and milestones ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff $414.00M USD 2 Qtrs
Acquired IPR&D and milestones ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff $132.00M USD 1 Quarter
Other operating income OtherOperatingIncomeExpenseNet $172.00M USD 1 Quarter
Other operating income OtherOperatingIncomeExpenseNet $68.00M USD 1 Quarter
Other operating income OtherOperatingIncomeExpenseNet $68.00M USD 2 Qtrs
Other operating income OtherOperatingIncomeExpenseNet $172.00M USD 2 Qtrs
Total operating costs and expenses CostsAndExpenses $9.52B USD 1 Quarter
Total operating costs and expenses CostsAndExpenses $11.29B USD 1 Quarter
Total operating costs and expenses CostsAndExpenses $20.11B USD 2 Qtrs
Total operating costs and expenses CostsAndExpenses $18.43B USD 2 Qtrs
Operating earnings OperatingIncomeLoss $3.29B USD 1 Quarter
Operating earnings OperatingIncomeLoss $8.01B USD 2 Qtrs
Operating earnings OperatingIncomeLoss $8.54B USD 2 Qtrs
Operating earnings OperatingIncomeLoss $4.44B USD 1 Quarter
Interest expense, net InterestIncomeExpenseNonoperatingNet $-1.07B USD 2 Qtrs
Interest expense, net InterestIncomeExpenseNonoperatingNet $-1.23B USD 2 Qtrs
Interest expense, net InterestIncomeExpenseNonoperatingNet $-532.00M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNonoperatingNet $-606.00M USD 1 Quarter
Net foreign exchange loss ForeignCurrencyTransactionGainLossBeforeTax $-23.00M USD 2 Qtrs
Net foreign exchange loss ForeignCurrencyTransactionGainLossBeforeTax $-72.00M USD 2 Qtrs
Net foreign exchange loss ForeignCurrencyTransactionGainLossBeforeTax $-47.00M USD 1 Quarter
Net foreign exchange loss ForeignCurrencyTransactionGainLossBeforeTax $-14.00M USD 1 Quarter
Other expense, net OtherNonoperatingIncomeExpense $-1.53B USD 1 Quarter
Other expense, net OtherNonoperatingIncomeExpense $-2.26B USD 2 Qtrs
Other expense, net OtherNonoperatingIncomeExpense $-2.66B USD 1 Quarter
Other expense, net OtherNonoperatingIncomeExpense $-757.00M USD 2 Qtrs
Earnings before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.16B USD 1 Quarter
Earnings before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.18B USD 1 Quarter
Earnings before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $5.03B USD 2 Qtrs
Earnings before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $6.11B USD 2 Qtrs
Income tax expense IncomeTaxExpenseBenefit $706.00M USD 2 Qtrs
Income tax expense IncomeTaxExpenseBenefit $255.00M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $691.00M USD 2 Qtrs
Income tax expense IncomeTaxExpenseBenefit $394.00M USD 1 Quarter
Net earnings ProfitLoss $769.00M USD 1 Quarter
Net earnings ProfitLoss $928.00M USD 1 Quarter
Net earnings ProfitLoss $5.42B USD 2 Qtrs
Net earnings ProfitLoss $4.32B USD 2 Qtrs
Net earnings attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $5.00M USD 2 Qtrs
Net earnings attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $7.00M USD 2 Qtrs
Net earnings attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $4.00M USD 1 Quarter
Net earnings attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $3.00M USD 1 Quarter
Net earnings attributable to AbbVie Inc. NetIncomeLoss $924.00M USD 1 Quarter
Net earnings attributable to AbbVie Inc. NetIncomeLoss $766.00M USD 1 Quarter
Net earnings attributable to AbbVie Inc. NetIncomeLoss $4.32B USD 2 Qtrs
Net earnings attributable to AbbVie Inc. NetIncomeLoss $5.41B USD 2 Qtrs
Basic earnings per share (in dollars per share) EarningsPerShareBasic $0.42 USD 1 Quarter
Basic earnings per share (in dollars per share) EarningsPerShareBasic $0.52 USD 1 Quarter
Basic earnings per share (in dollars per share) EarningsPerShareBasic $3.04 USD 2 Qtrs
Basic earnings per share (in dollars per share) EarningsPerShareBasic $2.42 USD 2 Qtrs
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $3.03 USD 2 Qtrs
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $0.42 USD 1 Quarter
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $0.51 USD 1 Quarter
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $2.41 USD 2 Qtrs
Weighted-average basic shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 1.77B shares 2 Qtrs
Weighted-average basic shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 1.77B shares 1 Quarter
Weighted-average basic shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 1.77B shares 1 Quarter
Weighted-average basic shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 1.77B shares 2 Qtrs
Weighted-average diluted shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 1.78B shares 1 Quarter
Weighted-average diluted shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 1.78B shares 2 Qtrs
Weighted-average diluted shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 1.78B shares 1 Quarter
Weighted-average diluted shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 1.78B shares 2 Qtrs
Cash Flow Statement 79 line items
Line Item Tag Value Unit Period
Net earnings ProfitLoss $769.00M USD 1 Quarter
Net earnings ProfitLoss $928.00M USD 1 Quarter
Net earnings ProfitLoss $5.42B USD 2 Qtrs
Net earnings ProfitLoss $4.32B USD 2 Qtrs
Depreciation Depreciation $401.00M USD 2 Qtrs
Depreciation Depreciation $201.00M USD 1 Quarter
Depreciation Depreciation $203.00M USD 1 Quarter
Depreciation Depreciation $407.00M USD 2 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $1.80B USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $2.00B USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $4.01B USD 2 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $3.70B USD 2 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-119.00M USD 2 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-794.00M USD 2 Qtrs
Change in fair value of contingent consideration liabilities BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $861.00M USD 2 Qtrs
Change in fair value of contingent consideration liabilities BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $2.35B USD 2 Qtrs
Stock-based compensation ShareBasedCompensation $413.00M USD 2 Qtrs
Stock-based compensation ShareBasedCompensation $428.00M USD 2 Qtrs
Acquired IPR&D and milestones ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff $317.00M USD 2 Qtrs
Acquired IPR&D and milestones ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff $269.00M USD 1 Quarter
Acquired IPR&D and milestones ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff $414.00M USD 2 Qtrs
Acquired IPR&D and milestones ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff $132.00M USD 1 Quarter
Gain on divestitures GainLossOnSaleOfOtherAssets $172.00M USD 2 Qtrs
Gain on divestitures GainLossOnSaleOfOtherAssets $68.00M USD 2 Qtrs
Non-cash litigation reserve adjustments, net of cash payments NonCashLitigationReserveAdjustmentsNetOfCashPayments $2.19B USD 2 Qtrs
Non-cash litigation reserve adjustments, net of cash payments NonCashLitigationReserveAdjustmentsNetOfCashPayments $97.00M USD 2 Qtrs
Other, net OtherNoncashIncomeExpense $30.00M USD 2 Qtrs
Other, net OtherNoncashIncomeExpense $86.00M USD 2 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $1.40B USD 2 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $1.16B USD 2 Qtrs
Inventories IncreaseDecreaseInInventories $249.00M USD 2 Qtrs
Inventories IncreaseDecreaseInInventories $499.00M USD 2 Qtrs
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-14.00M USD 2 Qtrs
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $281.00M USD 2 Qtrs
Accounts payable and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-448.00M USD 2 Qtrs
Accounts payable and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $308.00M USD 2 Qtrs
Income tax assets and liabilities, net IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable $-110.00M USD 2 Qtrs
Income tax assets and liabilities, net IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable $-562.00M USD 2 Qtrs
Cash flows from operating activities NetCashProvidedByUsedInOperatingActivities $9.91B USD 2 Qtrs
Cash flows from operating activities NetCashProvidedByUsedInOperatingActivities $9.77B USD 2 Qtrs
Acquisitions and investments PaymentsToAcquireOtherInvestments $394.00M USD 2 Qtrs
Acquisitions and investments PaymentsToAcquireOtherInvestments $345.00M USD 2 Qtrs
Acquisitions of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $305.00M USD 2 Qtrs
Acquisitions of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $383.00M USD 2 Qtrs
Purchases of investment securities PaymentsToAcquireMarketableSecurities $1.41B USD 2 Qtrs
Purchases of investment securities PaymentsToAcquireMarketableSecurities $56.00M USD 2 Qtrs
Sales and maturities of investment securities ProceedsFromSaleMaturityAndCollectionsOfInvestments $65.00M USD 2 Qtrs
Sales and maturities of investment securities ProceedsFromSaleMaturityAndCollectionsOfInvestments $50.00M USD 2 Qtrs
Other, net PaymentsForProceedsFromOtherInvestingActivities $-135.00M USD 2 Qtrs
Other, net PaymentsForProceedsFromOtherInvestingActivities $-599.00M USD 2 Qtrs
Cash flows from investing activities NetCashProvidedByUsedInInvestingActivities $-1.46B USD 2 Qtrs
Cash flows from investing activities NetCashProvidedByUsedInInvestingActivities $-584.00M USD 2 Qtrs
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $2.00B USD 2 Qtrs
Repayments of long-term debt and finance lease obligations RepaymentsOfLongTermDebtAndCapitalSecurities $3.46B USD 2 Qtrs
Repayments of long-term debt and finance lease obligations RepaymentsOfLongTermDebtAndCapitalSecurities $4.88B USD 2 Qtrs
Dividends paid PaymentsOfDividends $5.03B USD 2 Qtrs
Dividends paid PaymentsOfDividends $4.63B USD 2 Qtrs
Purchases of treasury stock PaymentsForRepurchaseOfCommonStock $1.48B USD 2 Qtrs
Purchases of treasury stock PaymentsForRepurchaseOfCommonStock $797.00M USD 2 Qtrs
Proceeds from the exercise of stock options ProceedsFromStockOptionsExercised $198.00M USD 2 Qtrs
Proceeds from the exercise of stock options ProceedsFromStockOptionsExercised $144.00M USD 2 Qtrs
Payments of contingent consideration liabilities PaymentForContingentConsiderationLiabilityFinancingActivities $313.00M USD 2 Qtrs
Payments of contingent consideration liabilities PaymentForContingentConsiderationLiabilityFinancingActivities $482.00M USD 2 Qtrs
Other, net ProceedsFromPaymentsForOtherFinancingActivities $1.00M USD 2 Qtrs
Other, net ProceedsFromPaymentsForOtherFinancingActivities $26.00M USD 2 Qtrs
Cash flows from financing activities NetCashProvidedByUsedInFinancingActivities $-9.06B USD 2 Qtrs
Cash flows from financing activities NetCashProvidedByUsedInFinancingActivities $-9.65B USD 2 Qtrs
Effect of exchange rate changes on cash and equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-28.00M USD 2 Qtrs
Effect of exchange rate changes on cash and equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-26.00M USD 2 Qtrs
Net change in cash and equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $97.00M USD 2 Qtrs
Net change in cash and equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-1.23B USD 2 Qtrs
Cash and equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $9.75B USD Point-in-time
Cash and equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $8.52B USD Point-in-time
Cash and equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $8.55B USD Point-in-time
Cash and equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $8.45B USD Point-in-time
Cash and equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $9.75B USD Point-in-time
Cash and equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $8.52B USD Point-in-time
Cash and equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $8.55B USD Point-in-time
Cash and equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $8.45B USD Point-in-time
Stockholders Equity 36 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $13.10B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $13.73B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.69B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.59B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.44B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.31B USD Point-in-time
Net earnings attributable to AbbVie Inc. NetIncomeLoss $924.00M USD 1 Quarter
Net earnings attributable to AbbVie Inc. NetIncomeLoss $766.00M USD 1 Quarter
Net earnings attributable to AbbVie Inc. NetIncomeLoss $4.32B USD 2 Qtrs
Net earnings attributable to AbbVie Inc. NetIncomeLoss $5.41B USD 2 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-212.00M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-297.00M USD 2 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $192.00M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $14.00M USD 2 Qtrs
Dividends declared DividendsCommonStockCash $2.51B USD 1 Quarter
Dividends declared DividendsCommonStockCash $4.63B USD 2 Qtrs
Dividends declared DividendsCommonStockCash $2.32B USD 1 Quarter
Dividends declared DividendsCommonStockCash $5.03B USD 2 Qtrs
Purchases of treasury stock TreasuryStockValueAcquiredCostMethod $1.48B USD 2 Qtrs
Purchases of treasury stock TreasuryStockValueAcquiredCostMethod $797.00M USD 2 Qtrs
Purchases of treasury stock TreasuryStockValueAcquiredCostMethod $10.00M USD 1 Quarter
Purchases of treasury stock TreasuryStockValueAcquiredCostMethod $9.00M USD 1 Quarter
Stock-based compensation plans and other StockIssuedDuringPeriodValueShareBasedCompensation $632.00M USD 2 Qtrs
Stock-based compensation plans and other StockIssuedDuringPeriodValueShareBasedCompensation $178.00M USD 1 Quarter
Stock-based compensation plans and other StockIssuedDuringPeriodValueShareBasedCompensation $591.00M USD 2 Qtrs
Stock-based compensation plans and other StockIssuedDuringPeriodValueShareBasedCompensation $229.00M USD 1 Quarter
Change in noncontrolling interest MinorityInterestPeriodIncreaseDecrease $4.00M USD 1 Quarter
Change in noncontrolling interest MinorityInterestPeriodIncreaseDecrease $7.00M USD 2 Qtrs
Change in noncontrolling interest MinorityInterestPeriodIncreaseDecrease $2.00M USD 1 Quarter
Change in noncontrolling interest MinorityInterestPeriodIncreaseDecrease $4.00M USD 2 Qtrs
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $13.10B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $13.73B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.69B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $12.59B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.44B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.31B USD Point-in-time
Comprehensive Income 52 line items
Line Item Tag Value Unit Period
Net earnings ProfitLoss $769.00M USD 1 Quarter
Net earnings ProfitLoss $928.00M USD 1 Quarter
Net earnings ProfitLoss $5.42B USD 2 Qtrs
Net earnings ProfitLoss $4.32B USD 2 Qtrs
Foreign currency translation adjustments, tax expense (benefit) OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $-19.00M USD 2 Qtrs
Foreign currency translation adjustments, net of tax expense (benefit) of $(12) for the three months and $(19) for the six months ended June 30, 2022 and $1 for the three months and $(24) for the six months ended June 30, 2021 OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-433.00M USD 2 Qtrs
Foreign currency translation adjustments, net of tax expense (benefit) of $(12) for the three months and $(19) for the six months ended June 30, 2022 and $1 for the three months and $(24) for the six months ended June 30, 2021 OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-823.00M USD 1 Quarter
Foreign currency translation adjustments, net of tax expense (benefit) of $(12) for the three months and $(19) for the six months ended June 30, 2022 and $1 for the three months and $(24) for the six months ended June 30, 2021 OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-1.05B USD 2 Qtrs
Foreign currency translation adjustments, net of tax expense (benefit) of $(12) for the three months and $(19) for the six months ended June 30, 2022 and $1 for the three months and $(24) for the six months ended June 30, 2021 OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $244.00M USD 1 Quarter
Foreign currency translation adjustments, tax expense (benefit) OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $-12.00M USD 1 Quarter
Foreign currency translation adjustments, tax expense (benefit) OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $-24.00M USD 2 Qtrs
Foreign currency translation adjustments, tax expense (benefit) OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $1.00M USD 1 Quarter
Net investment hedging activities, tax expense (benefit) OtherComprehensiveIncomeLossNetInvestmentHedgeTax $-31.00M USD 1 Quarter
Net investment hedging activities, net of tax expense (benefit) of $146 for the three months and $183 for the six months ended June 30, 2022 and $(31) for the three months and $72 for the six months ended June 30, 2021 OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossAfterReclassificationandTax $666.00M USD 2 Qtrs
Net investment hedging activities, tax expense (benefit) OtherComprehensiveIncomeLossNetInvestmentHedgeTax $72.00M USD 2 Qtrs
Net investment hedging activities, tax expense (benefit) OtherComprehensiveIncomeLossNetInvestmentHedgeTax $183.00M USD 2 Qtrs
Net investment hedging activities, net of tax expense (benefit) of $146 for the three months and $183 for the six months ended June 30, 2022 and $(31) for the three months and $72 for the six months ended June 30, 2021 OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossAfterReclassificationandTax $536.00M USD 1 Quarter
Net investment hedging activities, tax expense (benefit) OtherComprehensiveIncomeLossNetInvestmentHedgeTax $146.00M USD 1 Quarter
Net investment hedging activities, net of tax expense (benefit) of $146 for the three months and $183 for the six months ended June 30, 2022 and $(31) for the three months and $72 for the six months ended June 30, 2021 OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossAfterReclassificationandTax $-114.00M USD 1 Quarter
Net investment hedging activities, net of tax expense (benefit) of $146 for the three months and $183 for the six months ended June 30, 2022 and $(31) for the three months and $72 for the six months ended June 30, 2021 OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossAfterReclassificationandTax $260.00M USD 2 Qtrs
Pension and post-employment benefits, net of tax expense (benefit) of $11 for the three months and $21 for the six months ended June 30, 2022 and $14 for the three months and $33 for the six months ended June 30, 2021 OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-48.00M USD 1 Quarter
Pension and post-employment benefits, tax expense (benefit) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-21.00M USD 2 Qtrs
Pension and post-employment benefits, tax expense (benefit) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-14.00M USD 1 Quarter
Pension and post-employment benefits, net of tax expense (benefit) of $11 for the three months and $21 for the six months ended June 30, 2022 and $14 for the three months and $33 for the six months ended June 30, 2021 OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-129.00M USD 2 Qtrs
Pension and post-employment benefits, net of tax expense (benefit) of $11 for the three months and $21 for the six months ended June 30, 2022 and $14 for the three months and $33 for the six months ended June 30, 2021 OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-76.00M USD 2 Qtrs
Pension and post-employment benefits, tax expense (benefit) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-11.00M USD 1 Quarter
Pension and post-employment benefits, net of tax expense (benefit) of $11 for the three months and $21 for the six months ended June 30, 2022 and $14 for the three months and $33 for the six months ended June 30, 2021 OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-50.00M USD 1 Quarter
Pension and post-employment benefits, tax expense (benefit) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-33.00M USD 2 Qtrs
Cash flow hedging activities, tax expense (benefit) OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $3.00M USD 2 Qtrs
Cash flow hedging activities, net of tax expense (benefit) of $5 for the three months and $3 for the six months ended June 30, 2022 and $ for the three months and $3 for the six months ended June 30, 2021 OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $15.00M USD 2 Qtrs
Cash flow hedging activities, net of tax expense (benefit) of $5 for the three months and $3 for the six months ended June 30, 2022 and $ for the three months and $3 for the six months ended June 30, 2021 OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $12.00M USD 1 Quarter
Cash flow hedging activities, tax expense (benefit) OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $5.00M USD 1 Quarter
Cash flow hedging activities, net of tax expense (benefit) of $5 for the three months and $3 for the six months ended June 30, 2022 and $ for the three months and $3 for the six months ended June 30, 2021 OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $27.00M USD 1 Quarter
Cash flow hedging activities, tax expense (benefit) OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $3.00M USD 2 Qtrs
Cash flow hedging activities, net of tax expense (benefit) of $5 for the three months and $3 for the six months ended June 30, 2022 and $ for the three months and $3 for the six months ended June 30, 2021 OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $58.00M USD 2 Qtrs
Cash flow hedging activities, tax expense (benefit) OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax - USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-212.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-297.00M USD 2 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $192.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $14.00M USD 2 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $4.34B USD 2 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $716.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $5.12B USD 2 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $961.00M USD 1 Quarter
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $3.00M USD 1 Quarter
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $7.00M USD 2 Qtrs
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $4.00M USD 1 Quarter
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $5.00M USD 2 Qtrs
Comprehensive income attributable to AbbVie Inc. ComprehensiveIncomeNetOfTax $958.00M USD 1 Quarter
Comprehensive income attributable to AbbVie Inc. ComprehensiveIncomeNetOfTax $5.12B USD 2 Qtrs
Comprehensive income attributable to AbbVie Inc. ComprehensiveIncomeNetOfTax $4.33B USD 2 Qtrs
Comprehensive income attributable to AbbVie Inc. ComprehensiveIncomeNetOfTax $712.00M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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