10-K Filing
Filing Information
| Form Type | 10-K |
| Accession Number | 0001551152-24-000011 |
| Period End Date | 20231231 |
| Filing Date | 20240220 |
| Fiscal Year | 2023 |
| Fiscal Period | FY |
| XBRL Instance | abbv-20231231_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
69 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
|
$12.81B | USD | Point-in-time |
| Cash and equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$9.20B | USD | Point-in-time |
| Common stock, issued (in shares) |
CommonStockSharesIssued
|
1.81B | shares | Point-in-time |
| Common stock, issued (in shares) |
CommonStockSharesIssued
|
1.82B | shares | Point-in-time |
| Common stock held in treasury, at cost (in shares) |
TreasuryStockCommonShares
|
57.11M | shares | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$28.00M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$2.00M | USD | Point-in-time |
| Common stock held in treasury, at cost (in shares) |
TreasuryStockCommonShares
|
44.59M | shares | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$11.15B | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$11.25B | USD | Point-in-time |
| Inventories |
InventoryNet
|
$4.10B | USD | Point-in-time |
| Inventories |
InventoryNet
|
$3.58B | USD | Point-in-time |
| Prepaid expenses and other |
PrepaidExpenseAndOtherAssets
|
$4.93B | USD | Point-in-time |
| Prepaid expenses and other |
PrepaidExpenseAndOtherAssets
|
$4.40B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$33.00B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$28.46B | USD | Point-in-time |
| Investments |
LongTermInvestments
|
$304.00M | USD | Point-in-time |
| Investments |
LongTermInvestments
|
$241.00M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$4.99B | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$4.93B | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$55.61B | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$67.44B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$32.16B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$32.29B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$32.38B | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$5.57B | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$8.51B | USD | Point-in-time |
| Total assets |
Assets
|
$134.71B | USD | Point-in-time |
| Total assets |
Assets
|
$138.81B | USD | Point-in-time |
| Short-term borrowings |
ShortTermBorrowings
|
$1.00M | USD | Point-in-time |
| Short-term borrowings |
ShortTermBorrowings
|
- | USD | Point-in-time |
| Current portion of long-term debt and finance lease obligations |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$7.19B | USD | Point-in-time |
| Current portion of long-term debt and finance lease obligations |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$4.13B | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$25.40B | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$30.65B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$29.54B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$37.84B | USD | Point-in-time |
| Long-term debt and finance lease obligations |
LongTermDebtAndCapitalLeaseObligations
|
$52.19B | USD | Point-in-time |
| Long-term debt and finance lease obligations |
LongTermDebtAndCapitalLeaseObligations
|
$59.13B | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$2.19B | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$1.95B | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$32.33B | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$30.66B | 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, 1,823,046,087 shares issued as of December 31, 2023 and 1,813,770,294 as of December 31, 2022 |
CommonStockValueOutstanding
|
$18.00M | USD | Point-in-time |
| Common stock, $0.01 par value, 4,000,000,000 shares authorized, 1,823,046,087 shares issued as of December 31, 2023 and 1,813,770,294 as of December 31, 2022 |
CommonStockValueOutstanding
|
$18.00M | USD | Point-in-time |
| Common stock held in treasury, at cost, 57,105,354 shares as of December 31, 2023 and 44,589,000 as of December 31, 2022 |
TreasuryStockValue
|
$6.53B | USD | Point-in-time |
| Common stock held in treasury, at cost, 57,105,354 shares as of December 31, 2023 and 44,589,000 as of December 31, 2022 |
TreasuryStockValue
|
$4.59B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$19.25B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$20.18B | USD | Point-in-time |
| Retained earnings (accumulated deficit) |
RetainedEarningsAccumulatedDeficit
|
$4.78B | USD | Point-in-time |
| Retained earnings (accumulated deficit) |
RetainedEarningsAccumulatedDeficit
|
$-1.00B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-2.31B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-2.20B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$10.36B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$17.25B | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$33.00M | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$37.00M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$17.29B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$15.44B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.40B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$13.10B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$134.71B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$138.81B | USD | Point-in-time |
Income Statement
64 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net revenues |
Revenues
|
$14.30B | USD | 1 Quarter |
| Net revenues |
Revenues
|
$58.05B | USD | Annual |
| Net revenues |
Revenues
|
$56.20B | USD | Annual |
| Net revenues |
Revenues
|
$54.32B | USD | Annual |
| Cost of products sold |
CostOfGoodsAndServicesSold
|
$20.41B | USD | Annual |
| Cost of products sold |
CostOfGoodsAndServicesSold
|
$17.41B | USD | Annual |
| Cost of products sold |
CostOfGoodsAndServicesSold
|
$17.45B | USD | Annual |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$15.26B | USD | Annual |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$12.87B | USD | Annual |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$12.35B | USD | Annual |
| Research and development |
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
$7.67B | USD | Annual |
| Research and development |
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
$6.92B | USD | Annual |
| Research and development |
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
$6.51B | USD | Annual |
| Acquired IPR&D and milestones |
ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff
|
$778.00M | USD | Annual |
| Acquired IPR&D and milestones |
ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff
|
$697.00M | USD | Annual |
| Acquired IPR&D and milestones |
ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff
|
$1.12B | USD | Annual |
| Other operating expense (income), net |
OtherOperatingIncomeExpenseNet
|
$-56.00M | USD | Annual |
| Other operating expense (income), net |
OtherOperatingIncomeExpenseNet
|
$179.00M | USD | Annual |
| Other operating expense (income), net |
OtherOperatingIncomeExpenseNet
|
$-432.00M | USD | Annual |
| Total operating costs and expenses |
CostsAndExpenses
|
$38.27B | USD | Annual |
| Total operating costs and expenses |
CostsAndExpenses
|
$39.94B | USD | Annual |
| Total operating costs and expenses |
CostsAndExpenses
|
$41.56B | USD | Annual |
| Operating earnings |
OperatingIncomeLoss
|
$18.12B | USD | Annual |
| Operating earnings |
OperatingIncomeLoss
|
$17.92B | USD | Annual |
| Operating earnings |
OperatingIncomeLoss
|
$12.76B | USD | Annual |
| Interest expense, net |
InterestIncomeExpenseNonoperatingNet
|
$-2.04B | USD | Annual |
| Interest expense, net |
InterestIncomeExpenseNonoperatingNet
|
$-1.68B | USD | Annual |
| Interest expense, net |
InterestIncomeExpenseNonoperatingNet
|
$-2.38B | USD | Annual |
| Net foreign exchange loss |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-148.00M | USD | Annual |
| Net foreign exchange loss |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-146.00M | USD | Annual |
| Net foreign exchange loss |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-51.00M | USD | Annual |
| Other expense, net |
OtherNonoperatingIncomeExpense
|
$-2.45B | USD | Annual |
| Other expense, net |
OtherNonoperatingIncomeExpense
|
$-4.68B | USD | Annual |
| Other expense, net |
OtherNonoperatingIncomeExpense
|
$-2.50B | USD | Annual |
| Earnings before income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$12.99B | USD | Annual |
| Earnings before income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$13.48B | USD | Annual |
| Earnings before income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$6.25B | USD | Annual |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$1.44B | USD | Annual |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$1.38B | USD | Annual |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$1.63B | USD | Annual |
| Net earnings |
ProfitLoss
|
$11.55B | USD | Annual |
| Net earnings |
ProfitLoss
|
$11.85B | USD | Annual |
| Net earnings |
ProfitLoss
|
$4.87B | USD | Annual |
| Net earnings attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$10.00M | USD | Annual |
| Net earnings attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$9.00M | USD | Annual |
| Net earnings attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$7.00M | USD | Annual |
| Net earnings attributable to AbbVie Inc. |
NetIncomeLoss
|
$11.84B | USD | Annual |
| Net earnings attributable to AbbVie Inc. |
NetIncomeLoss
|
$4.86B | USD | Annual |
| Net earnings attributable to AbbVie Inc. |
NetIncomeLoss
|
$822.00M | USD | 1 Quarter |
| Net earnings attributable to AbbVie Inc. |
NetIncomeLoss
|
$11.54B | USD | Annual |
| Basic earnings per share (in dollars per share) |
EarningsPerShareBasic
|
$2.73 | USD | Annual |
| Basic earnings per share (in dollars per share) |
EarningsPerShareBasic
|
$6.48 | USD | Annual |
| Basic earnings per share (in dollars per share) |
EarningsPerShareBasic
|
$6.65 | USD | Annual |
| Basic earnings per share (in dollars per share) |
EarningsPerShareBasic
|
$0.46 | USD | 1 Quarter |
| Diluted earnings per share (in dollars per share) |
EarningsPerShareDiluted
|
$2.72 | USD | Annual |
| Diluted earnings per share (in dollars per share) |
EarningsPerShareDiluted
|
$6.63 | USD | Annual |
| Diluted earnings per share (in dollars per share) |
EarningsPerShareDiluted
|
$0.46 | USD | 1 Quarter |
| Diluted earnings per share (in dollars per share) |
EarningsPerShareDiluted
|
$6.45 | USD | Annual |
| Weighted-average basic shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
1.77B | shares | Annual |
| Weighted-average basic shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
1.77B | shares | Annual |
| Weighted-average basic shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
1.77B | shares | Annual |
| Weighted-average diluted shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
1.78B | shares | Annual |
| Weighted-average diluted shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
1.77B | shares | Annual |
| Weighted-average diluted shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
1.78B | shares | Annual |
Cash Flow Statement
124 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
ProfitLoss
|
$11.55B | USD | Annual |
| Net earnings |
ProfitLoss
|
$11.85B | USD | Annual |
| Net earnings |
ProfitLoss
|
$4.87B | USD | Annual |
| Depreciation |
Depreciation
|
$778.00M | USD | Annual |
| Depreciation |
Depreciation
|
$803.00M | USD | Annual |
| Depreciation |
Depreciation
|
$752.00M | USD | Annual |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$7.69B | USD | Annual |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$7.72B | USD | Annual |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$7.95B | USD | Annual |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-1.93B | USD | Annual |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-2.89B | USD | Annual |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-898.00M | USD | Annual |
| Change in fair value of contingent consideration liabilities |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
$2.68B | USD | Annual |
| Change in fair value of contingent consideration liabilities |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
$5.13B | USD | Annual |
| Change in fair value of contingent consideration liabilities |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
$2.76B | USD | Annual |
| Payments of contingent consideration liabilities |
PaymentForContingentConsiderationLiabilityOperatingActivities
|
$91.00M | USD | Annual |
| Payments of contingent consideration liabilities |
PaymentForContingentConsiderationLiabilityOperatingActivities
|
$164.00M | USD | Annual |
| Payments of contingent consideration liabilities |
PaymentForContingentConsiderationLiabilityOperatingActivities
|
$870.00M | USD | Annual |
| Stock-based compensation |
ShareBasedCompensation
|
$692.00M | USD | Annual |
| Stock-based compensation |
ShareBasedCompensation
|
$747.00M | USD | Annual |
| Stock-based compensation |
ShareBasedCompensation
|
$671.00M | USD | Annual |
| Acquired IPR&D and milestones |
UpfrontCostsRelatedToCollaborations
|
$697.00M | USD | Annual |
| Acquired IPR&D and milestones |
UpfrontCostsRelatedToCollaborations
|
$778.00M | USD | Annual |
| Acquired IPR&D and milestones |
UpfrontCostsRelatedToCollaborations
|
$1.12B | USD | Annual |
| Other charges related to collaborations |
OtherChargesRelatedToCollaborations
|
- | USD | Annual |
| Other charges related to collaborations |
OtherChargesRelatedToCollaborations
|
- | USD | Annual |
| Other charges related to collaborations |
OtherChargesRelatedToCollaborations
|
$500.00M | USD | Annual |
| Gain on divestitures |
GainLossOnSaleOfOtherAssets
|
$172.00M | USD | Annual |
| Gain on divestitures |
GainLossOnSaleOfOtherAssets
|
$68.00M | USD | Annual |
| Gain on divestitures |
GainLossOnSaleOfOtherAssets
|
- | USD | Annual |
| Non-cash litigation reserve adjustments, net of cash payments |
NonCashLitigationReserveAdjustmentsNetOfCashPayments
|
$2.24B | USD | Annual |
| Non-cash litigation reserve adjustments, net of cash payments |
NonCashLitigationReserveAdjustmentsNetOfCashPayments
|
$-443.00M | USD | Annual |
| Non-cash litigation reserve adjustments, net of cash payments |
NonCashLitigationReserveAdjustmentsNetOfCashPayments
|
$163.00M | USD | Annual |
| Impairment of intangible assets |
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
$770.00M | USD | Annual |
| Impairment of intangible assets |
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
$50.00M | USD | Annual |
| Impairment of intangible assets |
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
$4.23B | USD | Annual |
| Other, net |
OtherNoncashIncomeExpense
|
$213.00M | USD | Annual |
| Other, net |
OtherNoncashIncomeExpense
|
$225.00M | USD | Annual |
| Other, net |
OtherNoncashIncomeExpense
|
$150.00M | USD | Annual |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-66.00M | USD | Annual |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$1.32B | USD | Annual |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$1.46B | USD | Annual |
| Inventories |
IncreaseDecreaseInInventories
|
$417.00M | USD | Annual |
| Inventories |
IncreaseDecreaseInInventories
|
$142.00M | USD | Annual |
| Inventories |
IncreaseDecreaseInInventories
|
$686.00M | USD | Annual |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$264.00M | USD | Annual |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$188.00M | USD | Annual |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$197.00M | USD | Annual |
| Accounts payable and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$1.72B | USD | Annual |
| Accounts payable and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$3.84B | USD | Annual |
| Accounts payable and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$1.77B | USD | Annual |
| Income tax assets and liabilities, net |
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
$542.00M | USD | Annual |
| Income tax assets and liabilities, net |
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
$-1.29B | USD | Annual |
| Income tax assets and liabilities, net |
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
$-488.00M | USD | Annual |
| Cash flows from operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$22.84B | USD | Annual |
| Cash flows from operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$22.78B | USD | Annual |
| Cash flows from operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$24.94B | USD | Annual |
| Acquisition of businesses, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$255.00M | USD | Annual |
| Acquisition of businesses, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$525.00M | USD | Annual |
| Acquisition of businesses, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
- | USD | Annual |
| Other acquisitions and investments |
PaymentsToAcquireOtherInvestments
|
$539.00M | USD | Annual |
| Other acquisitions and investments |
PaymentsToAcquireOtherInvestments
|
$1.38B | USD | Annual |
| Other acquisitions and investments |
PaymentsToAcquireOtherInvestments
|
$1.22B | USD | Annual |
| Acquisitions of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$695.00M | USD | Annual |
| Acquisitions of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$777.00M | USD | Annual |
| Acquisitions of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$787.00M | USD | Annual |
| Purchases of investment securities |
PaymentsToAcquireMarketableSecurities
|
$119.00M | USD | Annual |
| Purchases of investment securities |
PaymentsToAcquireMarketableSecurities
|
$77.00M | USD | Annual |
| Purchases of investment securities |
PaymentsToAcquireMarketableSecurities
|
$1.44B | USD | Annual |
| Sales and maturities of investment securities |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$98.00M | USD | Annual |
| Sales and maturities of investment securities |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$1.53B | USD | Annual |
| Sales and maturities of investment securities |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$55.00M | USD | Annual |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-774.00M | USD | Annual |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-13.00M | USD | Annual |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-366.00M | USD | Annual |
| Cash flows from investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-623.00M | USD | Annual |
| Cash flows from investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-2.34B | USD | Annual |
| Cash flows from investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-2.01B | USD | Annual |
| Proceeds from issuance of long-term debt |
ProceedsFromIssuanceOfLongTermDebt
|
$2.00B | USD | Annual |
| Proceeds from issuance of long-term debt |
ProceedsFromIssuanceOfLongTermDebt
|
$1.00B | USD | Annual |
| Repayments of long-term debt and finance lease obligations |
RepaymentsOfLongTermDebtAndCapitalSecurities
|
$14.43B | USD | Annual |
| Repayments of long-term debt and finance lease obligations |
RepaymentsOfLongTermDebtAndCapitalSecurities
|
$4.15B | USD | Annual |
| Repayments of long-term debt and finance lease obligations |
RepaymentsOfLongTermDebtAndCapitalSecurities
|
$9.41B | USD | Annual |
| Debt issuance costs |
PaymentOfFinancingAndStockIssuanceCosts
|
- | USD | Annual |
| Debt issuance costs |
PaymentOfFinancingAndStockIssuanceCosts
|
- | USD | Annual |
| Debt issuance costs |
PaymentOfFinancingAndStockIssuanceCosts
|
$38.00M | USD | Annual |
| Dividends paid |
PaymentsOfDividends
|
$9.26B | USD | Annual |
| Dividends paid |
PaymentsOfDividends
|
$10.54B | USD | Annual |
| Dividends paid |
PaymentsOfDividends
|
$10.04B | USD | Annual |
| Purchases of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$1.97B | USD | Annual |
| Purchases of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$934.00M | USD | Annual |
| Purchases of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$1.49B | USD | Annual |
| Proceeds from the exercise of stock options |
ProceedsFromStockOptionsExercised
|
$262.00M | USD | Annual |
| Proceeds from the exercise of stock options |
ProceedsFromStockOptionsExercised
|
$244.00M | USD | Annual |
| Proceeds from the exercise of stock options |
ProceedsFromStockOptionsExercised
|
$180.00M | USD | Annual |
| Payments of contingent consideration liabilities |
PaymentForContingentConsiderationLiabilityFinancingActivities
|
$1.13B | USD | Annual |
| Payments of contingent consideration liabilities |
PaymentForContingentConsiderationLiabilityFinancingActivities
|
$752.00M | USD | Annual |
| Payments of contingent consideration liabilities |
PaymentForContingentConsiderationLiabilityFinancingActivities
|
$698.00M | USD | Annual |
| Other, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$30.00M | USD | Annual |
| Other, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$24.00M | USD | Annual |
| Other, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$48.00M | USD | Annual |
| Cash flows from financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-17.22B | USD | Annual |
| Cash flows from financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-24.80B | USD | Annual |
| Cash flows from financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-19.04B | USD | Annual |
| Effect of exchange rate changes on cash and equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$-62.00M | USD | Annual |
| Effect of exchange rate changes on cash and equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$-97.00M | USD | Annual |
| Effect of exchange rate changes on cash and equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$5.00M | USD | Annual |
| Net change in cash and equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-545.00M | USD | Annual |
| Net change in cash and equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$3.61B | USD | Annual |
| Net change in cash and equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$1.30B | USD | Annual |
| Cash and equivalents, beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$8.45B | USD | Point-in-time |
| Cash and equivalents, beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$12.81B | USD | Point-in-time |
| Cash and equivalents, beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$9.20B | USD | Point-in-time |
| Cash and equivalents, beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$9.75B | USD | Point-in-time |
| Cash and equivalents, end of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$8.45B | USD | Point-in-time |
| Cash and equivalents, end of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$12.81B | USD | Point-in-time |
| Cash and equivalents, end of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$9.20B | USD | Point-in-time |
| Cash and equivalents, end of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$9.75B | USD | Point-in-time |
| Interest paid, net of portion capitalized |
InterestPaidNet
|
$2.55B | USD | Annual |
| Interest paid, net of portion capitalized |
InterestPaidNet
|
$2.71B | USD | Annual |
| Interest paid, net of portion capitalized |
InterestPaidNet
|
$2.47B | USD | Annual |
| Income taxes paid |
IncomeTaxesPaid
|
$2.99B | USD | Annual |
| Income taxes paid |
IncomeTaxesPaid
|
$4.70B | USD | Annual |
| Income taxes paid |
IncomeTaxesPaid
|
$3.65B | USD | Annual |
Stockholders Equity
27 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$17.29B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$15.44B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.40B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$13.10B | USD | Point-in-time |
| Net earnings attributable to AbbVie Inc. |
NetIncomeLoss
|
$11.84B | USD | Annual |
| Net earnings attributable to AbbVie Inc. |
NetIncomeLoss
|
$4.86B | USD | Annual |
| Net earnings attributable to AbbVie Inc. |
NetIncomeLoss
|
$822.00M | USD | 1 Quarter |
| Net earnings attributable to AbbVie Inc. |
NetIncomeLoss
|
$11.54B | USD | Annual |
| Other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-106.00M | USD | Annual |
| Other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$218.00M | USD | Annual |
| Other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$700.00M | USD | Annual |
| Dividends declared |
DividendsCommonStockCash
|
$10.18B | USD | Annual |
| Dividends declared |
DividendsCommonStockCash
|
$9.47B | USD | Annual |
| Dividends declared |
DividendsCommonStockCash
|
$10.65B | USD | Annual |
| Purchases of treasury stock |
TreasuryStockValueAcquiredCostMethod
|
$934.00M | USD | Annual |
| Purchases of treasury stock |
TreasuryStockValueAcquiredCostMethod
|
$1.98B | USD | Annual |
| Purchases of treasury stock |
TreasuryStockValueAcquiredCostMethod
|
$1.49B | USD | Annual |
| Stock-based compensation plans and other |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$976.00M | USD | Annual |
| Stock-based compensation plans and other |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$974.00M | USD | Annual |
| Stock-based compensation plans and other |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$976.00M | USD | Annual |
| Change in noncontrolling interest |
MinorityInterestPeriodIncreaseDecrease
|
$7.00M | USD | Annual |
| Change in noncontrolling interest |
MinorityInterestPeriodIncreaseDecrease
|
$4.00M | USD | Annual |
| Change in noncontrolling interest |
MinorityInterestPeriodIncreaseDecrease
|
$5.00M | USD | Annual |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$17.29B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$15.44B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.40B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$13.10B | USD | Point-in-time |
Comprehensive Income
39 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Foreign currency translation adjustments, tax expense (benefit) |
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
$-10.00M | USD | Annual |
| Net earnings |
ProfitLoss
|
$11.55B | USD | Annual |
| Foreign currency translation adjustments, tax expense (benefit) |
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
$15.00M | USD | Annual |
| Net earnings |
ProfitLoss
|
$11.85B | USD | Annual |
| Foreign currency translation adjustments, tax expense (benefit) |
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
$-35.00M | USD | Annual |
| Net earnings |
ProfitLoss
|
$4.87B | USD | Annual |
| Net investment hedging activities, tax expense (benefit) |
OtherComprehensiveIncomeLossNetInvestmentHedgeTax
|
$152.00M | USD | Annual |
| Foreign currency translation adjustments, net of tax expense (benefit) of $15 in 2023, $(10) in 2022 and $(35) in 2021 |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-943.00M | USD | Annual |
| Foreign currency translation adjustments, net of tax expense (benefit) of $15 in 2023, $(10) in 2022 and $(35) in 2021 |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-1.15B | USD | Annual |
| Net investment hedging activities, tax expense (benefit) |
OtherComprehensiveIncomeLossNetInvestmentHedgeTax
|
$193.00M | USD | Annual |
| Foreign currency translation adjustments, net of tax expense (benefit) of $15 in 2023, $(10) in 2022 and $(35) in 2021 |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$407.00M | USD | Annual |
| Net investment hedging activities, tax expense (benefit) |
OtherComprehensiveIncomeLossNetInvestmentHedgeTax
|
$-109.00M | USD | Annual |
| Net investment hedging activities, net of tax expense (benefit) of $(109) in 2023, $152 in 2022 and $193 in 2021 |
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossAfterReclassificationandTax
|
$-399.00M | USD | Annual |
| Pension and post-employment benefits, tax expense (benefit) |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
$-124.00M | USD | Annual |
| Net investment hedging activities, net of tax expense (benefit) of $(109) in 2023, $152 in 2022 and $193 in 2021 |
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossAfterReclassificationandTax
|
$699.00M | USD | Annual |
| Net investment hedging activities, net of tax expense (benefit) of $(109) in 2023, $152 in 2022 and $193 in 2021 |
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossAfterReclassificationandTax
|
$555.00M | USD | Annual |
| Pension and post-employment benefits, tax expense (benefit) |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
$6.00M | USD | Annual |
| Pension and post-employment benefits, tax expense (benefit) |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
$-272.00M | USD | Annual |
| Cash flow hedging activities, tax expense (benefit) |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
|
$20.00M | USD | Annual |
| Cash flow hedging activities, tax expense (benefit) |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
|
$-19.00M | USD | Annual |
| Pension and post-employment benefits, net of tax expense (benefit) of $(6) in 2023, $272 in 2022 and $124 in 2021 |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-1.09B | USD | Annual |
| Cash flow hedging activities, tax expense (benefit) |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
|
$5.00M | USD | Annual |
| Pension and post-employment benefits, net of tax expense (benefit) of $(6) in 2023, $272 in 2022 and $124 in 2021 |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$30.00M | USD | Annual |
| Pension and post-employment benefits, net of tax expense (benefit) of $(6) in 2023, $272 in 2022 and $124 in 2021 |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-521.00M | USD | Annual |
| Cash flow hedging activities, net of tax expense (benefit) of $(19) in 2023, $5 in 2022 and $20 in 2021 |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
$-84.00M | USD | Annual |
| Cash flow hedging activities, net of tax expense (benefit) of $(19) in 2023, $5 in 2022 and $20 in 2021 |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
- | USD | Annual |
| Cash flow hedging activities, net of tax expense (benefit) of $(19) in 2023, $5 in 2022 and $20 in 2021 |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
$151.00M | USD | Annual |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-106.00M | USD | Annual |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$218.00M | USD | Annual |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$700.00M | USD | Annual |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$12.54B | USD | Annual |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$4.77B | USD | Annual |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$11.77B | USD | Annual |
| Comprehensive income attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$10.00M | USD | Annual |
| Comprehensive income attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$9.00M | USD | Annual |
| Comprehensive income attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$7.00M | USD | Annual |
| Comprehensive income attributable to AbbVie Inc. |
ComprehensiveIncomeNetOfTax
|
$11.76B | USD | Annual |
| Comprehensive income attributable to AbbVie Inc. |
ComprehensiveIncomeNetOfTax
|
$12.54B | USD | Annual |
| Comprehensive income attributable to AbbVie Inc. |
ComprehensiveIncomeNetOfTax
|
$4.76B | USD | Annual |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.