10-Q Filing
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 |
Filing Contents
This filing contains the following financial statements:
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.