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10-Q Filing

ABBVIE INC. CIK: 1551152 Q3 2022
Filing Information
Form Type 10-Q
Accession Number 0001551152-22-000045
Period End Date 20220930
Filing Date 20221104
Fiscal Year 2022
Fiscal Period Q3
XBRL Instance abbv-20220930_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
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $11.83B USD Point-in-time
Common stock, issued (in shares) CommonStockSharesIssued 1.81B shares Point-in-time
Cash and equivalents CashAndCashEquivalentsAtCarryingValue $9.75B USD Point-in-time
Common stock, issued (in shares) CommonStockSharesIssued 1.80B shares Point-in-time
Short-term investments ShortTermInvestments $84.00M USD Point-in-time
Short-term investments ShortTermInvestments $47.00M USD Point-in-time
Common stock held in treasury, at cost (in shares) TreasuryStockShares 44.57M shares Point-in-time
Common stock held in treasury, at cost (in shares) TreasuryStockShares 34.86M shares Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $9.98B USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $10.74B USD Point-in-time
Inventories InventoryNet $3.13B USD Point-in-time
Inventories InventoryNet $3.17B USD Point-in-time
Prepaid expenses and other PrepaidExpenseAndOtherAssets $4.57B USD Point-in-time
Prepaid expenses and other PrepaidExpenseAndOtherAssets $4.99B USD Point-in-time
Total current assets AssetsCurrent $27.93B USD Point-in-time
Total current assets AssetsCurrent $30.36B USD Point-in-time
Investments LongTermInvestments $277.00M USD Point-in-time
Investments LongTermInvestments $235.00M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $5.11B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $4.89B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $68.72B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $75.95B USD Point-in-time
Goodwill Goodwill $31.73B USD Point-in-time
Goodwill Goodwill $32.38B USD Point-in-time
Other assets OtherAssetsNoncurrent $5.38B USD Point-in-time
Other assets OtherAssetsNoncurrent $4.88B USD Point-in-time
Total assets Assets $146.53B USD Point-in-time
Total assets Assets $141.32B USD Point-in-time
Short-term borrowings ShortTermBorrowings $10.00M USD Point-in-time
Short-term borrowings ShortTermBorrowings $14.00M USD Point-in-time
Current portion of long-term debt and finance lease obligations LongTermDebtAndCapitalLeaseObligationsCurrent $9.20B USD Point-in-time
Current portion of long-term debt and finance lease obligations LongTermDebtAndCapitalLeaseObligationsCurrent $12.48B USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $23.50B USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $22.70B USD Point-in-time
Total current liabilities LiabilitiesCurrent $35.19B USD Point-in-time
Total current liabilities LiabilitiesCurrent $32.71B 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 $60.40B USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $1.97B USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $3.01B USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $28.70B USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $30.21B 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, 1,812,973,038 shares issued as of September 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, 1,812,973,038 shares issued as of September 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, 44,572,117 shares as of September 30, 2022 and 34,857,597 as of December 31, 2021 TreasuryStockValue $4.59B USD Point-in-time
Common stock held in treasury, at cost, 44,572,117 shares as of September 30, 2022 and 34,857,597 as of December 31, 2021 TreasuryStockValue $3.14B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $19.06B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $18.30B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $4.95B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $3.13B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.90B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-3.44B USD Point-in-time
Total stockholders' equity StockholdersEquity $15.41B USD Point-in-time
Total stockholders' equity StockholdersEquity $15.99B USD Point-in-time
Noncontrolling interest MinorityInterest $28.00M USD Point-in-time
Noncontrolling interest MinorityInterest $33.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $13.58B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.03B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $13.10B 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 liabilities and equity LiabilitiesAndStockholdersEquity $146.53B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $141.32B USD Point-in-time
Income Statement 80 line items
Line Item Tag Value Unit Period
Net revenues Revenues $42.93B USD 3 Qtrs
Net revenues Revenues $41.31B USD 3 Qtrs
Net revenues Revenues $14.34B USD 1 Quarter
Net revenues Revenues $14.81B USD 1 Quarter
Cost of products sold CostOfGoodsAndServicesSold $13.24B USD 3 Qtrs
Cost of products sold CostOfGoodsAndServicesSold $5.02B USD 1 Quarter
Cost of products sold CostOfGoodsAndServicesSold $13.13B USD 3 Qtrs
Cost of products sold CostOfGoodsAndServicesSold $4.39B USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $9.09B USD 3 Qtrs
Selling, general and administrative SellingGeneralAndAdministrativeExpense $11.84B USD 3 Qtrs
Selling, general and administrative SellingGeneralAndAdministrativeExpense $3.08B USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $3.30B USD 1 Quarter
Research and development ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $1.61B USD 1 Quarter
Research and development ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $1.66B USD 1 Quarter
Research and development ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $4.72B USD 3 Qtrs
Research and development ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $5.09B USD 3 Qtrs
Acquired IPR&D and milestones ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff $719.00M USD 3 Qtrs
Acquired IPR&D and milestones ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff $454.00M USD 3 Qtrs
Acquired IPR&D and milestones ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff $402.00M USD 1 Quarter
Acquired IPR&D and milestones ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff $40.00M USD 1 Quarter
Other operating expense, net OtherOperatingIncomeExpenseNet $-500.00M USD 1 Quarter
Other operating expense, net OtherOperatingIncomeExpenseNet $-229.00M USD 1 Quarter
Other operating expense, net OtherOperatingIncomeExpenseNet $-57.00M USD 3 Qtrs
Other operating expense, net OtherOperatingIncomeExpenseNet $-432.00M USD 3 Qtrs
Total operating costs and expenses CostsAndExpenses $28.46B USD 3 Qtrs
Total operating costs and expenses CostsAndExpenses $10.04B USD 1 Quarter
Total operating costs and expenses CostsAndExpenses $30.32B USD 3 Qtrs
Total operating costs and expenses CostsAndExpenses $10.21B USD 1 Quarter
Operating earnings OperatingIncomeLoss $4.60B USD 1 Quarter
Operating earnings OperatingIncomeLoss $12.85B USD 3 Qtrs
Operating earnings OperatingIncomeLoss $4.31B USD 1 Quarter
Operating earnings OperatingIncomeLoss $12.62B USD 3 Qtrs
Interest expense, net InterestIncomeExpenseNonoperatingNet $-497.00M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNonoperatingNet $-585.00M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNonoperatingNet $-1.81B USD 3 Qtrs
Interest expense, net InterestIncomeExpenseNonoperatingNet $-1.57B USD 3 Qtrs
Net foreign exchange loss ForeignCurrencyTransactionGainLossBeforeTax $-12.00M USD 1 Quarter
Net foreign exchange loss ForeignCurrencyTransactionGainLossBeforeTax $-108.00M USD 3 Qtrs
Net foreign exchange loss ForeignCurrencyTransactionGainLossBeforeTax $-36.00M USD 1 Quarter
Net foreign exchange loss ForeignCurrencyTransactionGainLossBeforeTax $-35.00M USD 3 Qtrs
Other expense (income), net OtherNonoperatingIncomeExpense $-2.28B USD 3 Qtrs
Other expense (income), net OtherNonoperatingIncomeExpense $330.00M USD 1 Quarter
Other expense (income), net OtherNonoperatingIncomeExpense $-21.00M USD 1 Quarter
Other expense (income), net OtherNonoperatingIncomeExpense $-427.00M USD 3 Qtrs
Earnings before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $8.72B USD 3 Qtrs
Earnings before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $10.51B USD 3 Qtrs
Earnings before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $3.69B USD 1 Quarter
Earnings before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $4.40B USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $448.00M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $1.21B USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $508.00M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $1.14B USD 3 Qtrs
Net earnings ProfitLoss $3.18B USD 1 Quarter
Net earnings ProfitLoss $7.50B USD 3 Qtrs
Net earnings ProfitLoss $9.37B USD 3 Qtrs
Net earnings ProfitLoss $3.95B USD 1 Quarter
Net earnings attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $3.00M USD 1 Quarter
Net earnings attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $6.00M USD 3 Qtrs
Net earnings attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $1.00M USD 1 Quarter
Net earnings attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $10.00M USD 3 Qtrs
Net earnings attributable to AbbVie Inc. NetIncomeLoss $3.95B USD 1 Quarter
Net earnings attributable to AbbVie Inc. NetIncomeLoss $7.50B USD 3 Qtrs
Net earnings attributable to AbbVie Inc. NetIncomeLoss $9.36B USD 3 Qtrs
Net earnings attributable to AbbVie Inc. NetIncomeLoss $3.18B USD 1 Quarter
Basic earnings per share (in dollars per share) EarningsPerShareBasic $4.21 USD 3 Qtrs
Basic earnings per share (in dollars per share) EarningsPerShareBasic $2.22 USD 1 Quarter
Basic earnings per share (in dollars per share) EarningsPerShareBasic $5.26 USD 3 Qtrs
Basic earnings per share (in dollars per share) EarningsPerShareBasic $1.78 USD 1 Quarter
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $5.24 USD 3 Qtrs
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $2.21 USD 1 Quarter
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $1.78 USD 1 Quarter
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $4.19 USD 3 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 3 Qtrs
Weighted-average basic shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 1.77B shares 3 Qtrs
Weighted-average basic shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 1.77B shares 1 Quarter
Weighted-average diluted shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 1.78B shares 3 Qtrs
Weighted-average diluted shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 1.78B shares 3 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 1 Quarter
Cash Flow Statement 85 line items
Line Item Tag Value Unit Period
Net earnings ProfitLoss $3.18B USD 1 Quarter
Net earnings ProfitLoss $7.50B USD 3 Qtrs
Net earnings ProfitLoss $9.37B USD 3 Qtrs
Net earnings ProfitLoss $3.95B USD 1 Quarter
Depreciation Depreciation $582.00M USD 3 Qtrs
Depreciation Depreciation $181.00M USD 1 Quarter
Depreciation Depreciation $223.00M USD 1 Quarter
Depreciation Depreciation $630.00M USD 3 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $5.91B USD 3 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $1.90B USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $5.73B USD 3 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $2.00B USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-153.00M USD 3 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-1.42B USD 3 Qtrs
Change in fair value of contingent consideration liabilities BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $2.45B USD 3 Qtrs
Change in fair value of contingent consideration liabilities BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $647.00M USD 3 Qtrs
Stock-based compensation ShareBasedCompensation $539.00M USD 3 Qtrs
Stock-based compensation ShareBasedCompensation $563.00M USD 3 Qtrs
Acquired IPR&D and milestones ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff $719.00M USD 3 Qtrs
Acquired IPR&D and milestones ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff $454.00M USD 3 Qtrs
Acquired IPR&D and milestones ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff $402.00M USD 1 Quarter
Acquired IPR&D and milestones ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff $40.00M USD 1 Quarter
Other charges related to collaborations OtherChargesRelatedToCollaborations - USD 3 Qtrs
Other charges related to collaborations OtherChargesRelatedToCollaborations $500.00M USD 3 Qtrs
Gain on divestitures GainLossOnSaleOfOtherAssets $68.00M USD 3 Qtrs
Gain on divestitures GainLossOnSaleOfOtherAssets $172.00M USD 3 Qtrs
Non-cash litigation reserve adjustments, net of cash payments NonCashLitigationReserveAdjustmentsNetOfCashPayments $21.00M USD 3 Qtrs
Non-cash litigation reserve adjustments, net of cash payments NonCashLitigationReserveAdjustmentsNetOfCashPayments $2.26B USD 3 Qtrs
Impairment of intangible assets ImpairmentOfIntangibleAssetsExcludingGoodwill $50.00M USD 3 Qtrs
Impairment of intangible assets ImpairmentOfIntangibleAssetsExcludingGoodwill $770.00M USD 1 Quarter
Impairment of intangible assets ImpairmentOfIntangibleAssetsExcludingGoodwill $770.00M USD 3 Qtrs
Other, net OtherNoncashIncomeExpense $151.00M USD 3 Qtrs
Other, net OtherNoncashIncomeExpense $185.00M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $572.00M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $1.04B USD 3 Qtrs
Inventories IncreaseDecreaseInInventories $516.00M USD 3 Qtrs
Inventories IncreaseDecreaseInInventories $30.00M USD 3 Qtrs
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $462.00M USD 3 Qtrs
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $60.00M USD 3 Qtrs
Accounts payable and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $330.00M USD 3 Qtrs
Accounts payable and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $1.45B USD 3 Qtrs
Income tax assets and liabilities, net IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable $-628.00M USD 3 Qtrs
Income tax assets and liabilities, net IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable $184.00M USD 3 Qtrs
Cash flows from operating activities NetCashProvidedByUsedInOperatingActivities $17.70B USD 3 Qtrs
Cash flows from operating activities NetCashProvidedByUsedInOperatingActivities $17.52B USD 3 Qtrs
Acquisitions and investments PaymentsToAcquireOtherInvestments $837.00M USD 3 Qtrs
Acquisitions and investments PaymentsToAcquireOtherInvestments $494.00M USD 3 Qtrs
Acquisitions of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $482.00M USD 3 Qtrs
Acquisitions of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $600.00M USD 3 Qtrs
Purchases of investment securities PaymentsToAcquireMarketableSecurities $1.43B USD 3 Qtrs
Purchases of investment securities PaymentsToAcquireMarketableSecurities $73.00M USD 3 Qtrs
Sales and maturities of investment securities ProceedsFromSaleMaturityAndCollectionsOfInvestments $1.46B USD 3 Qtrs
Sales and maturities of investment securities ProceedsFromSaleMaturityAndCollectionsOfInvestments $88.00M USD 3 Qtrs
Other, net PaymentsForProceedsFromOtherInvestingActivities $-769.00M USD 3 Qtrs
Other, net PaymentsForProceedsFromOtherInvestingActivities $-223.00M USD 3 Qtrs
Cash flows from investing activities NetCashProvidedByUsedInInvestingActivities $-1.20B USD 3 Qtrs
Cash flows from investing activities NetCashProvidedByUsedInInvestingActivities $-175.00M USD 3 Qtrs
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $2.00B USD 3 Qtrs
Proceeds from issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $1.00B USD 3 Qtrs
Repayments of long-term debt and finance lease obligations RepaymentsOfLongTermDebtAndCapitalSecurities $7.58B USD 3 Qtrs
Repayments of long-term debt and finance lease obligations RepaymentsOfLongTermDebtAndCapitalSecurities $5.66B USD 3 Qtrs
Dividends paid PaymentsOfDividends $7.54B USD 3 Qtrs
Dividends paid PaymentsOfDividends $6.95B USD 3 Qtrs
Purchases of treasury stock PaymentsForRepurchaseOfCommonStock $803.00M USD 3 Qtrs
Purchases of treasury stock PaymentsForRepurchaseOfCommonStock $1.48B USD 3 Qtrs
Proceeds from the exercise of stock options ProceedsFromStockOptionsExercised $209.00M USD 3 Qtrs
Proceeds from the exercise of stock options ProceedsFromStockOptionsExercised $169.00M USD 3 Qtrs
Payments of contingent consideration liabilities PaymentForContingentConsiderationLiabilityFinancingActivities $817.00M USD 3 Qtrs
Payments of contingent consideration liabilities PaymentForContingentConsiderationLiabilityFinancingActivities $480.00M USD 3 Qtrs
Other, net ProceedsFromPaymentsForOtherFinancingActivities $22.00M USD 3 Qtrs
Other, net ProceedsFromPaymentsForOtherFinancingActivities $41.00M USD 3 Qtrs
Cash flows from financing activities NetCashProvidedByUsedInFinancingActivities $-15.17B USD 3 Qtrs
Cash flows from financing activities NetCashProvidedByUsedInFinancingActivities $-12.70B USD 3 Qtrs
Effect of exchange rate changes on cash and equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-69.00M USD 3 Qtrs
Effect of exchange rate changes on cash and equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-85.00M USD 3 Qtrs
Net change in cash and equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $2.09B USD 3 Qtrs
Net change in cash and equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $3.73B USD 3 Qtrs
Cash and equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $9.75B USD Point-in-time
Cash and equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.18B USD Point-in-time
Cash and equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $11.83B 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 $12.18B USD Point-in-time
Cash and equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $11.83B 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 $13.58B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.03B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $13.10B 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
Net earnings attributable to AbbVie Inc. NetIncomeLoss $3.95B USD 1 Quarter
Net earnings attributable to AbbVie Inc. NetIncomeLoss $7.50B USD 3 Qtrs
Net earnings attributable to AbbVie Inc. NetIncomeLoss $9.36B USD 3 Qtrs
Net earnings attributable to AbbVie Inc. NetIncomeLoss $3.18B USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-39.00M USD 3 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-247.00M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-53.00M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-544.00M USD 3 Qtrs
Dividends declared DividendsCommonStockCash $2.51B USD 1 Quarter
Dividends declared DividendsCommonStockCash $2.32B USD 1 Quarter
Dividends declared DividendsCommonStockCash $6.95B USD 3 Qtrs
Dividends declared DividendsCommonStockCash $7.54B USD 3 Qtrs
Purchases of treasury stock TreasuryStockValueAcquiredCostMethod $4.00M USD 1 Quarter
Purchases of treasury stock TreasuryStockValueAcquiredCostMethod $1.48B USD 3 Qtrs
Purchases of treasury stock TreasuryStockValueAcquiredCostMethod $6.00M USD 1 Quarter
Purchases of treasury stock TreasuryStockValueAcquiredCostMethod $803.00M USD 3 Qtrs
Stock-based compensation plans and other StockIssuedDuringPeriodValueShareBasedCompensation $787.00M USD 3 Qtrs
Stock-based compensation plans and other StockIssuedDuringPeriodValueShareBasedCompensation $180.00M USD 1 Quarter
Stock-based compensation plans and other StockIssuedDuringPeriodValueShareBasedCompensation $771.00M USD 3 Qtrs
Stock-based compensation plans and other StockIssuedDuringPeriodValueShareBasedCompensation $155.00M USD 1 Quarter
Change in noncontrolling interest MinorityInterestPeriodIncreaseDecrease $-2.00M USD 1 Quarter
Change in noncontrolling interest MinorityInterestPeriodIncreaseDecrease $2.00M USD 1 Quarter
Change in noncontrolling interest MinorityInterestPeriodIncreaseDecrease $5.00M USD 3 Qtrs
Change in noncontrolling interest MinorityInterestPeriodIncreaseDecrease $6.00M USD 3 Qtrs
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $13.58B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $16.03B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $13.10B 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
Comprehensive Income 52 line items
Line Item Tag Value Unit Period
Net earnings ProfitLoss $3.18B USD 1 Quarter
Net earnings ProfitLoss $7.50B USD 3 Qtrs
Net earnings ProfitLoss $9.37B USD 3 Qtrs
Net earnings ProfitLoss $3.95B USD 1 Quarter
Foreign currency translation adjustments, tax expense (benefit) OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $-8.00M USD 1 Quarter
Foreign currency translation adjustments, net of tax expense (benefit) of $(11) for the three months and $(30) for the nine months ended September 30, 2022 and $(8) for the three months and $(32) for the nine months ended September 30, 2021 OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-361.00M USD 1 Quarter
Foreign currency translation adjustments, net of tax expense (benefit) of $(11) for the three months and $(30) for the nine months ended September 30, 2022 and $(8) for the three months and $(32) for the nine months ended September 30, 2021 OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-989.00M USD 1 Quarter
Foreign currency translation adjustments, tax expense (benefit) OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $-30.00M USD 3 Qtrs
Foreign currency translation adjustments, tax expense (benefit) OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $-32.00M USD 3 Qtrs
Foreign currency translation adjustments, net of tax expense (benefit) of $(11) for the three months and $(30) for the nine months ended September 30, 2022 and $(8) for the three months and $(32) for the nine months ended September 30, 2021 OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-2.04B USD 3 Qtrs
Foreign currency translation adjustments, net of tax expense (benefit) of $(11) for the three months and $(30) for the nine months ended September 30, 2022 and $(8) for the three months and $(32) for the nine months ended September 30, 2021 OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-794.00M USD 3 Qtrs
Foreign currency translation adjustments, tax expense (benefit) OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $-11.00M USD 1 Quarter
Net investment hedging activities, net of tax expense (benefit) of $165 for the three months and $348 for the nine months ended September 30, 2022 and $51 for the three months and $123 for the nine months ended September 30, 2021 OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossAfterReclassificationandTax $184.00M USD 1 Quarter
Net investment hedging activities, tax expense (benefit) OtherComprehensiveIncomeLossNetInvestmentHedgeTax $348.00M USD 3 Qtrs
Net investment hedging activities, net of tax expense (benefit) of $165 for the three months and $348 for the nine months ended September 30, 2022 and $51 for the three months and $123 for the nine months ended September 30, 2021 OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossAfterReclassificationandTax $444.00M USD 3 Qtrs
Net investment hedging activities, tax expense (benefit) OtherComprehensiveIncomeLossNetInvestmentHedgeTax $123.00M USD 3 Qtrs
Net investment hedging activities, tax expense (benefit) OtherComprehensiveIncomeLossNetInvestmentHedgeTax $51.00M USD 1 Quarter
Net investment hedging activities, net of tax expense (benefit) of $165 for the three months and $348 for the nine months ended September 30, 2022 and $51 for the three months and $123 for the nine months ended September 30, 2021 OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossAfterReclassificationandTax $599.00M USD 1 Quarter
Net investment hedging activities, net of tax expense (benefit) of $165 for the three months and $348 for the nine months ended September 30, 2022 and $51 for the three months and $123 for the nine months ended September 30, 2021 OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossAfterReclassificationandTax $1.26B USD 3 Qtrs
Net investment hedging activities, tax expense (benefit) OtherComprehensiveIncomeLossNetInvestmentHedgeTax $165.00M USD 1 Quarter
Pension and post-employment benefits, net of tax expense (benefit) of $14 for the three months and $35 for the nine months ended September 30, 2022 and $17 for the three months and $50 for the nine months ended September 30, 2021 OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-136.00M USD 3 Qtrs
Pension and post-employment benefits, net of tax expense (benefit) of $14 for the three months and $35 for the nine months ended September 30, 2022 and $17 for the three months and $50 for the nine months ended September 30, 2021 OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-67.00M USD 1 Quarter
Pension and post-employment benefits, tax expense (benefit) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-35.00M USD 3 Qtrs
Pension and post-employment benefits, tax expense (benefit) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-50.00M USD 3 Qtrs
Pension and post-employment benefits, net of tax expense (benefit) of $14 for the three months and $35 for the nine months ended September 30, 2022 and $17 for the three months and $50 for the nine months ended September 30, 2021 OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-196.00M USD 3 Qtrs
Pension and post-employment benefits, net of tax expense (benefit) of $14 for the three months and $35 for the nine months ended September 30, 2022 and $17 for the three months and $50 for the nine months ended September 30, 2021 OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-60.00M USD 1 Quarter
Pension and post-employment benefits, tax expense (benefit) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-14.00M USD 1 Quarter
Pension and post-employment benefits, tax expense (benefit) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-17.00M USD 1 Quarter
Cash flow hedging activities, tax expense (benefit) OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $17.00M USD 3 Qtrs
Cash flow hedging activities, tax expense (benefit) OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $13.00M USD 1 Quarter
Cash flow hedging activities, net of tax expense (benefit) of $14 for the three months and $17 for the nine months ended September 30, 2022 and $13 for the three months and $16 for the nine months ended September 30, 2021 OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $83.00M USD 1 Quarter
Cash flow hedging activities, net of tax expense (benefit) of $14 for the three months and $17 for the nine months ended September 30, 2022 and $13 for the three months and $16 for the nine months ended September 30, 2021 OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $115.00M USD 3 Qtrs
Cash flow hedging activities, net of tax expense (benefit) of $14 for the three months and $17 for the nine months ended September 30, 2022 and $13 for the three months and $16 for the nine months ended September 30, 2021 OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $57.00M USD 1 Quarter
Cash flow hedging activities, tax expense (benefit) OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $14.00M USD 1 Quarter
Cash flow hedging activities, net of tax expense (benefit) of $14 for the three months and $17 for the nine months ended September 30, 2022 and $13 for the three months and $16 for the nine months ended September 30, 2021 OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $98.00M USD 3 Qtrs
Cash flow hedging activities, tax expense (benefit) OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $16.00M USD 3 Qtrs
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-39.00M USD 3 Qtrs
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-247.00M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-53.00M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-544.00M USD 3 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $7.46B USD 3 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $3.13B USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $8.83B USD 3 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $3.71B USD 1 Quarter
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.00M USD 1 Quarter
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $10.00M USD 3 Qtrs
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $6.00M USD 3 Qtrs
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $3.00M USD 1 Quarter
Comprehensive income attributable to AbbVie Inc. ComprehensiveIncomeNetOfTax $3.13B USD 1 Quarter
Comprehensive income attributable to AbbVie Inc. ComprehensiveIncomeNetOfTax $7.46B USD 3 Qtrs
Comprehensive income attributable to AbbVie Inc. ComprehensiveIncomeNetOfTax $8.82B USD 3 Qtrs
Comprehensive income attributable to AbbVie Inc. ComprehensiveIncomeNetOfTax $3.70B USD 1 Quarter

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

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