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10-K Filing

MERCK & CO., INC. CIK: 310158 FY 2022
Filing Information
Form Type 10-K
Accession Number 0001628280-23-005061
Period End Date 20221231
Filing Date 20230224
Fiscal Year 2022
Fiscal Period FY
XBRL Instance mrk-20221231_htm.xml
Balance Sheet 90 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $72.00M USD Point-in-time
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $62.00M USD Point-in-time
Inventory classified in Other assets InventoryNoncurrent $2.19B USD Point-in-time
Inventory classified in Other assets InventoryNoncurrent $2.94B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $8.10B USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.50 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $12.69B USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.50 USD Point-in-time
Short-term investments ShortTermInvestments $498.00M USD Point-in-time
Common stock, authorized (in shares) CommonStockSharesAuthorized 6.50B shares Point-in-time
Short-term investments ShortTermInvestments - USD Point-in-time
Common stock, authorized (in shares) CommonStockSharesAuthorized 6.50B shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 3.58B shares Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $72 in 2022 and $62 in 2021) AccountsReceivableNetCurrent $9.23B USD Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $72 in 2022 and $62 in 2021) AccountsReceivableNetCurrent $9.45B USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 3.58B shares Point-in-time
Inventories (excludes inventories of $2,938 in 2022 and $2,194 in 2021 classified in Other assets - see Note 8) InventoryNet $5.91B USD Point-in-time
Treasury stock, shares (in shares) TreasuryStockCommonShares 1.05B shares Point-in-time
Treasury stock, shares (in shares) TreasuryStockCommonShares 1.04B shares Point-in-time
Inventories (excludes inventories of $2,938 in 2022 and $2,194 in 2021 classified in Other assets - see Note 8) InventoryNet $5.95B USD Point-in-time
Other current assets OtherAssetsCurrent $7.17B USD Point-in-time
Other current assets OtherAssetsCurrent $6.99B USD Point-in-time
Total current assets AssetsCurrent $35.72B USD Point-in-time
Total current assets AssetsCurrent $30.27B USD Point-in-time
Investments MarketableSecuritiesNoncurrent $1.01B USD Point-in-time
Investments MarketableSecuritiesNoncurrent $370.00M USD Point-in-time
Land Land $326.00M USD Point-in-time
Land Land $295.00M USD Point-in-time
Buildings BuildingsAndImprovementsGross $13.17B USD Point-in-time
Buildings BuildingsAndImprovementsGross $12.53B USD Point-in-time
Machinery, equipment and office furnishings MachineryAndEquipmentGross $16.30B USD Point-in-time
Machinery, equipment and office furnishings MachineryAndEquipmentGross $16.76B USD Point-in-time
Construction in progress ConstructionInProgressGross $9.19B USD Point-in-time
Construction in progress ConstructionInProgressGross $8.31B USD Point-in-time
Property, plant and equipment (at cost) PropertyPlantAndEquipmentGross $39.41B USD Point-in-time
Property, plant and equipment (at cost) PropertyPlantAndEquipmentGross $37.47B USD Point-in-time
Less: accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $17.98B USD Point-in-time
Less: accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $18.19B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $17.00B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $21.42B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $19.28B USD Point-in-time
Goodwill Goodwill $21.20B USD Point-in-time
Goodwill Goodwill $18.88B USD Point-in-time
Goodwill Goodwill $21.26B USD Point-in-time
Other Intangibles, Net IntangibleAssetsNetExcludingGoodwill $22.93B USD Point-in-time
Other Intangibles, Net IntangibleAssetsNetExcludingGoodwill $20.27B USD Point-in-time
Other Assets DeferredIncomeTaxesAndOtherAssetsNoncurrent $11.58B USD Point-in-time
Other Assets DeferredIncomeTaxesAndOtherAssetsNoncurrent $9.53B USD Point-in-time
Total Assets Assets $105.69B USD Point-in-time
Total Assets Assets $109.16B USD Point-in-time
Loans payable and current portion of long-term debt DebtCurrent $1.95B USD Point-in-time
Loans payable and current portion of long-term debt DebtCurrent $2.41B USD Point-in-time
Trade accounts payable AccountsPayableCurrent $4.26B USD Point-in-time
Trade accounts payable AccountsPayableCurrent $4.61B USD Point-in-time
Accrued and other current liabilities OtherLiabilitiesCurrent $13.86B USD Point-in-time
Accrued and other current liabilities OtherLiabilitiesCurrent $14.16B USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $1.99B USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $1.22B USD Point-in-time
Dividends payable DividendsPayableCurrent $1.77B USD Point-in-time
Dividends payable DividendsPayableCurrent $1.88B USD Point-in-time
Total current liabilities LiabilitiesCurrent $24.24B USD Point-in-time
Total current liabilities LiabilitiesCurrent $23.87B USD Point-in-time
Long-Term Debt LongTermDebtNoncurrent $30.69B USD Point-in-time
Long-Term Debt LongTermDebtNoncurrent $28.75B USD Point-in-time
Deferred Income Taxes DeferredIncomeTaxLiabilitiesNet $1.79B USD Point-in-time
Deferred Income Taxes DeferredIncomeTaxLiabilitiesNet $3.44B USD Point-in-time
Other Noncurrent Liabilities OtherLiabilitiesNoncurrent $8.32B USD Point-in-time
Other Noncurrent Liabilities OtherLiabilitiesNoncurrent $9.43B USD Point-in-time
Common stock, $0.50 par value Authorized - 6,500,000,000 shares Issued - 3,577,103,522 shares in 2022 and 2021 CommonStockValue $1.79B USD Point-in-time
Common stock, $0.50 par value Authorized - 6,500,000,000 shares Issued - 3,577,103,522 shares in 2022 and 2021 CommonStockValue $1.79B USD Point-in-time
Other paid-in capital AdditionalPaidInCapitalCommonStock $44.24B USD Point-in-time
Other paid-in capital AdditionalPaidInCapitalCommonStock $44.38B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $61.08B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $53.70B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-4.77B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-4.43B USD Point-in-time
Stockholders' equity before deduction for treasury stock StockholdersEquityBeforeTreasuryStock $102.48B USD Point-in-time
Stockholders' equity before deduction for treasury stock StockholdersEquityBeforeTreasuryStock $95.29B USD Point-in-time
Less treasury stock, at cost: 1,039,269,638 shares in 2022 and 1,049,499,023 shares in 2021 TreasuryStockCommonValue $56.49B USD Point-in-time
Less treasury stock, at cost: 1,039,269,638 shares in 2022 and 1,049,499,023 shares in 2021 TreasuryStockCommonValue $57.11B USD Point-in-time
Total Merck & Co., Inc. stockholders equity StockholdersEquity $38.18B USD Point-in-time
Total Merck & Co., Inc. stockholders equity StockholdersEquity $45.99B USD Point-in-time
Noncontrolling Interests MinorityInterest $67.00M USD Point-in-time
Noncontrolling Interests MinorityInterest $73.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $38.26B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $25.40B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $46.06B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $26.00B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $105.69B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $109.16B USD Point-in-time
Income Statement 60 line items
Line Item Tag Value Unit Period
Sales Revenues $41.52B USD Annual
Sales Revenues $59.28B USD Annual
Sales Revenues $48.70B USD Annual
Cost of sales CostOfGoodsAndServicesSold $13.62B USD Annual
Cost of sales CostOfGoodsAndServicesSold $17.41B USD Annual
Cost of sales CostOfGoodsAndServicesSold $13.63B USD Annual
Selling, general and administrative SellingGeneralAndAdministrativeExpense $9.63B USD Annual
Selling, general and administrative SellingGeneralAndAdministrativeExpense $10.04B USD Annual
Selling, general and administrative SellingGeneralAndAdministrativeExpense $8.96B USD Annual
Research and development ResearchAndDevelopmentExpense $13.55B USD Annual
Research and development ResearchAndDevelopmentExpense $12.24B USD Annual
Research and development ResearchAndDevelopmentExpense $13.40B USD Annual
Restructuring costs RestructuringCharges $661.00M USD Annual
Restructuring costs RestructuringCharges $575.00M USD Annual
Restructuring costs RestructuringCharges $337.00M USD Annual
Other (income) expense, net OtherNonoperatingIncomeExpense $-1.50B USD Annual
Other (income) expense, net OtherNonoperatingIncomeExpense $1.34B USD Annual
Other (income) expense, net OtherNonoperatingIncomeExpense $890.00M USD Annual
Total costs, expenses and other CostsExpensesAndOther $34.83B USD Annual
Total costs, expenses and other CostsExpensesAndOther $42.84B USD Annual
Total costs, expenses and other CostsExpensesAndOther $35.66B USD Annual
Income from Continuing Operations Before Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $13.88B USD Annual
Income from Continuing Operations Before Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $16.44B USD Annual
Income from Continuing Operations Before Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $5.86B USD Annual
Taxes on Income from Continuing Operations IncomeTaxExpenseBenefit $1.92B USD Annual
Taxes on Income from Continuing Operations IncomeTaxExpenseBenefit $1.34B USD Annual
Taxes on Income from Continuing Operations IncomeTaxExpenseBenefit $1.52B USD Annual
Net Income from Continuing Operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $4.52B USD Annual
Net Income from Continuing Operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $12.36B USD Annual
Net Income from Continuing Operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $14.53B USD Annual
Less: Net Income Attributable to Noncontrolling Interests IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity $7.00M USD Annual
Less: Net Income Attributable to Noncontrolling Interests IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity $13.00M USD Annual
Less: Net Income Attributable to Noncontrolling Interests IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity $4.00M USD Annual
Net Income from Continuing Operations Attributable to Merck & Co., Inc. IncomeLossFromContinuingOperations $14.52B USD Annual
Net Income from Continuing Operations Attributable to Merck & Co., Inc. IncomeLossFromContinuingOperations $12.35B USD Annual
Net Income from Continuing Operations Attributable to Merck & Co., Inc. IncomeLossFromContinuingOperations $4.52B USD Annual
Income from Discontinued Operations, Net of Taxes and Amounts Attributable to Noncontrolling Interests IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $704.00M USD Annual
Income from Discontinued Operations, Net of Taxes and Amounts Attributable to Noncontrolling Interests IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $2.55B USD Annual
Income from Discontinued Operations, Net of Taxes and Amounts Attributable to Noncontrolling Interests IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD Annual
Net Income Attributable to Merck & Co., Inc. NetIncomeLoss $13.05B USD Annual
Net Income Attributable to Merck & Co., Inc. NetIncomeLoss $14.52B USD Annual
Net Income Attributable to Merck & Co., Inc. NetIncomeLoss $7.07B USD Annual
Income from Continuing Operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $4.88 USD Annual
Income from Continuing Operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $5.73 USD Annual
Income from Continuing Operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $1.79 USD Annual
Income from Discontinued Operations (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare $1.01 USD Annual
Income from Discontinued Operations (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare $0.28 USD Annual
Income from Discontinued Operations (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare - USD Annual
Net Income (in dollars per share) EarningsPerShareBasic $5.16 USD Annual
Net Income (in dollars per share) EarningsPerShareBasic $5.73 USD Annual
Net Income (in dollars per share) EarningsPerShareBasic $2.79 USD Annual
Income from Continuing Operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $4.86 USD Annual
Income from Continuing Operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $5.71 USD Annual
Income from Continuing Operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $1.78 USD Annual
Income from Discontinued Operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD Annual
Income from Discontinued Operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $0.28 USD Annual
Income from Discontinued Operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $1.00 USD Annual
Net Income (in dollars per share) EarningsPerShareDiluted $5.71 USD Annual
Net Income (in dollars per share) EarningsPerShareDiluted $2.78 USD Annual
Net Income (in dollars per share) EarningsPerShareDiluted $5.14 USD Annual
Cash Flow Statement 147 line items
Line Item Tag Value Unit Period
Restricted cash RestrictedCash $103.00M USD Point-in-time
Restricted cash RestrictedCash $79.00M USD Point-in-time
Restricted cash RestrictedCash $71.00M USD Point-in-time
Restricted cash RestrictedCash $258.00M USD Point-in-time
Net income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $4.52B USD Annual
Net income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $12.36B USD Annual
Net income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $14.53B USD Annual
Amortization AdjustmentForAmortization $1.64B USD Annual
Amortization AdjustmentForAmortization $1.82B USD Annual
Amortization AdjustmentForAmortization $2.08B USD Annual
Depreciation Depreciation $1.82B USD Annual
Depreciation Depreciation $1.58B USD Annual
Depreciation Depreciation $1.67B USD Annual
Intangible asset impairment charges GoodwillAndIntangibleAssetImpairment $1.75B USD Annual
Intangible asset impairment charges GoodwillAndIntangibleAssetImpairment $302.00M USD Annual
Intangible asset impairment charges GoodwillAndIntangibleAssetImpairment $1.72B USD Annual
Loss (income) from investments in equity securities, net EquitySecuritiesFvNiGainLoss $1.94B USD Annual
Loss (income) from investments in equity securities, net EquitySecuritiesFvNiGainLoss $-1.42B USD Annual
Loss (income) from investments in equity securities, net EquitySecuritiesFvNiGainLoss $1.34B USD Annual
Charge for the acquisition of Pandion Therapeutics, Inc. ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff - USD Annual
Charge for the acquisition of Pandion Therapeutics, Inc. ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff - USD Annual
Charge for the acquisition of Pandion Therapeutics, Inc. ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff $1.56B USD Annual
Charge for the acquisition of VelosBio Inc. ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOffAssetAcquisitionTwo - USD Annual
Charge for the acquisition of VelosBio Inc. ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOffAssetAcquisitionTwo - USD Annual
Charge for the acquisition of VelosBio Inc. ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOffAssetAcquisitionTwo $2.66B USD Annual
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-1.57B USD Annual
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-566.00M USD Annual
Deferred income taxes DeferredIncomeTaxExpenseBenefit $187.00M USD Annual
Share-based compensation ShareBasedCompensation $441.00M USD Annual
Share-based compensation ShareBasedCompensation $479.00M USD Annual
Share-based compensation ShareBasedCompensation $541.00M USD Annual
Other OtherNoncashIncomeExpense $-805.00M USD Annual
Other OtherNoncashIncomeExpense $-1.29B USD Annual
Other OtherNoncashIncomeExpense $-1.30B USD Annual
Accounts receivable IncreaseDecreaseInAccountsReceivable $1.00B USD Annual
Accounts receivable IncreaseDecreaseInAccountsReceivable $644.00M USD Annual
Accounts receivable IncreaseDecreaseInAccountsReceivable $2.03B USD Annual
Inventories IncreaseDecreaseInInventories $895.00M USD Annual
Inventories IncreaseDecreaseInInventories $161.00M USD Annual
Inventories IncreaseDecreaseInInventories $674.00M USD Annual
Trade accounts payable IncreaseDecreaseInAccountsPayableTrade $-289.00M USD Annual
Trade accounts payable IncreaseDecreaseInAccountsPayableTrade $405.00M USD Annual
Trade accounts payable IncreaseDecreaseInAccountsPayableTrade $684.00M USD Annual
Accrued and other current liabilities IncreaseDecreaseInAccruedLiabilities $-50.00M USD Annual
Accrued and other current liabilities IncreaseDecreaseInAccruedLiabilities $277.00M USD Annual
Accrued and other current liabilities IncreaseDecreaseInAccruedLiabilities $-1.15B USD Annual
Income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $-540.00M USD Annual
Income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $380.00M USD Annual
Income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $814.00M USD Annual
Noncurrent liabilities IncreaseDecreaseInOtherOperatingLiabilities $484.00M USD Annual
Noncurrent liabilities IncreaseDecreaseInOtherOperatingLiabilities $-545.00M USD Annual
Noncurrent liabilities IncreaseDecreaseInOtherOperatingLiabilities $-617.00M USD Annual
Other IncreaseDecreaseInOtherOperatingCapitalNet $1.76B USD Annual
Other IncreaseDecreaseInOtherOperatingCapitalNet $1.47B USD Annual
Other IncreaseDecreaseInOtherOperatingCapitalNet $2.43B USD Annual
Net Cash Provided by Operating Activities of Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $13.12B USD Annual
Net Cash Provided by Operating Activities of Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $19.09B USD Annual
Net Cash Provided by Operating Activities of Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $7.62B USD Annual
Capital expenditures PaymentsToAcquireProductiveAssets $4.43B USD Annual
Capital expenditures PaymentsToAcquireProductiveAssets $4.45B USD Annual
Capital expenditures PaymentsToAcquireProductiveAssets $4.39B USD Annual
Purchase of Seagen Inc. common stock PaymentsToAcquireEquitySecuritiesFvNi $1.00B USD Annual
Purchase of Seagen Inc. common stock PaymentsToAcquireEquitySecuritiesFvNi - USD Annual
Purchase of Seagen Inc. common stock PaymentsToAcquireEquitySecuritiesFvNi - USD Annual
Purchases of securities and other investments PaymentsToAcquireMarketableSecurities $1.20B USD Annual
Purchases of securities and other investments PaymentsToAcquireMarketableSecurities $1.00M USD Annual
Purchases of securities and other investments PaymentsToAcquireMarketableSecurities $95.00M USD Annual
Proceeds from sales of securities and other investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $2.81B USD Annual
Proceeds from sales of securities and other investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $721.00M USD Annual
Proceeds from sales of securities and other investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $1.03B USD Annual
Acquisition of Acceleron Pharma Inc., net of cash acquired PaymentsToAcquireBusinessTwoNetOfCashAcquired - USD Annual
Acquisition of Acceleron Pharma Inc., net of cash acquired PaymentsToAcquireBusinessTwoNetOfCashAcquired - USD Annual
Acquisition of Acceleron Pharma Inc., net of cash acquired PaymentsToAcquireBusinessTwoNetOfCashAcquired $11.17B USD Annual
Acquisition of Pandion Therapeutics, Inc., net of cash acquired PaymentsToAcquireBusinessThreeNetOfCashAcquired $1.55B USD Annual
Acquisition of Pandion Therapeutics, Inc., net of cash acquired PaymentsToAcquireBusinessThreeNetOfCashAcquired - USD Annual
Acquisition of Pandion Therapeutics, Inc., net of cash acquired PaymentsToAcquireBusinessThreeNetOfCashAcquired - USD Annual
Acquisition of VelosBio Inc., net of cash acquired PaymentsToAcquireBusinessFourNetOfCashAcquired - USD Annual
Acquisition of VelosBio Inc., net of cash acquired PaymentsToAcquireBusinessFourNetOfCashAcquired $2.70B USD Annual
Acquisition of VelosBio Inc., net of cash acquired PaymentsToAcquireBusinessFourNetOfCashAcquired - USD Annual
Acquisition of ArQule, Inc., net of cash acquired PaymentsToAcquireBusinessFiveNetOfCashAcquired $2.54B USD Annual
Acquisition of ArQule, Inc., net of cash acquired PaymentsToAcquireBusinessFiveNetOfCashAcquired - USD Annual
Acquisition of ArQule, Inc., net of cash acquired PaymentsToAcquireBusinessFiveNetOfCashAcquired - USD Annual
Other acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $179.00M USD Annual
Other acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $121.00M USD Annual
Other acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $1.36B USD Annual
Other PaymentsForProceedsFromOtherInvestingActivities $91.00M USD Annual
Other PaymentsForProceedsFromOtherInvestingActivities $-32.00M USD Annual
Other PaymentsForProceedsFromOtherInvestingActivities $-125.00M USD Annual
Net Cash Used in Investing Activities of Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-9.19B USD Annual
Net Cash Used in Investing Activities of Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-4.96B USD Annual
Net Cash Used in Investing Activities of Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-16.42B USD Annual
Net change in short-term borrowings ProceedsFromRepaymentsOfShortTermDebt - USD Annual
Net change in short-term borrowings ProceedsFromRepaymentsOfShortTermDebt $2.55B USD Annual
Net change in short-term borrowings ProceedsFromRepaymentsOfShortTermDebt $-3.99B USD Annual
Payments on debt RepaymentsOfLongTermDebt $2.32B USD Annual
Payments on debt RepaymentsOfLongTermDebt $1.96B USD Annual
Payments on debt RepaymentsOfLongTermDebt $2.25B USD Annual
Proceeds from issuance of debt ProceedsFromIssuanceOfLongTermDebt $4.42B USD Annual
Proceeds from issuance of debt ProceedsFromIssuanceOfLongTermDebt $7.94B USD Annual
Proceeds from issuance of debt ProceedsFromIssuanceOfLongTermDebt - USD Annual
Distribution from Organon & Co. DisposalGroupIncludingDiscontinuedOperationsDistributionReceived - USD Annual
Distribution from Organon & Co. DisposalGroupIncludingDiscontinuedOperationsDistributionReceived $9.00B USD Annual
Distribution from Organon & Co. DisposalGroupIncludingDiscontinuedOperationsDistributionReceived - USD Annual
Purchases of treasury stock PaymentsForRepurchaseOfCommonStock - USD Annual
Purchases of treasury stock PaymentsForRepurchaseOfCommonStock $840.00M USD Annual
Purchases of treasury stock PaymentsForRepurchaseOfCommonStock $1.28B USD Annual
Dividends paid to stockholders PaymentsOfDividendsCommonStock $7.01B USD Annual
Dividends paid to stockholders PaymentsOfDividendsCommonStock $6.21B USD Annual
Dividends paid to stockholders PaymentsOfDividendsCommonStock $6.61B USD Annual
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $89.00M USD Annual
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $384.00M USD Annual
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $202.00M USD Annual
Other ProceedsFromPaymentsForOtherFinancingActivities $-240.00M USD Annual
Other ProceedsFromPaymentsForOtherFinancingActivities $-436.00M USD Annual
Other ProceedsFromPaymentsForOtherFinancingActivities $-286.00M USD Annual
Net Cash (Used in) Provided by Financing Activities of Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-2.83B USD Annual
Net Cash (Used in) Provided by Financing Activities of Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-9.12B USD Annual
Net Cash (Used in) Provided by Financing Activities of Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $3.10B USD Annual
Net cash provided by operating activities CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $2.64B USD Annual
Net cash provided by operating activities CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $987.00M USD Annual
Net cash provided by operating activities CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations - USD Annual
Net cash used in investing activities CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations $-250.00M USD Annual
Net cash used in investing activities CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations $-134.00M USD Annual
Net cash used in investing activities CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations - USD Annual
Net cash used in financing activities CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations $-504.00M USD Annual
Net cash used in financing activities CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations - USD Annual
Net cash used in financing activities CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations - USD Annual
Net Cash Flows Provided by Discontinued Operations NetCashProvidedByUsedInDiscontinuedOperations $2.39B USD Annual
Net Cash Flows Provided by Discontinued Operations NetCashProvidedByUsedInDiscontinuedOperations - USD Annual
Net Cash Flows Provided by Discontinued Operations NetCashProvidedByUsedInDiscontinuedOperations $349.00M USD Annual
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-133.00M USD Annual
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-410.00M USD Annual
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $253.00M USD Annual
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-1.77B USD Annual
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $14.00M USD Annual
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $4.61B USD Annual
Cash, Cash Equivalents and Restricted Cash at Beginning of Year (includes $71, $103 and $258 of restricted cash at January 1, 2022, 2021 and 2020 included in Other current assets) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.77B USD Point-in-time
Cash, Cash Equivalents and Restricted Cash at Beginning of Year (includes $71, $103 and $258 of restricted cash at January 1, 2022, 2021 and 2020 included in Other current assets) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $8.17B USD Point-in-time
Cash, Cash Equivalents and Restricted Cash at Beginning of Year (includes $71, $103 and $258 of restricted cash at January 1, 2022, 2021 and 2020 included in Other current assets) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $9.93B USD Point-in-time
Cash, Cash Equivalents and Restricted Cash at Beginning of Year (includes $71, $103 and $258 of restricted cash at January 1, 2022, 2021 and 2020 included in Other current assets) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $8.15B USD Point-in-time
Less: Cash and cash equivalents related to discontinued operations DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents - USD Point-in-time
Less: Cash and cash equivalents related to discontinued operations DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents $12.00M USD Point-in-time
Less: Cash and cash equivalents related to discontinued operations DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents - USD Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Year (includes $79, $71 and $103 of restricted cash at December 31, 2022, 2021 and 2020 included in Other current assets) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.77B USD Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Year (includes $79, $71 and $103 of restricted cash at December 31, 2022, 2021 and 2020 included in Other current assets) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $8.17B USD Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Year (includes $79, $71 and $103 of restricted cash at December 31, 2022, 2021 and 2020 included in Other current assets) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $9.93B USD Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Year (includes $79, $71 and $103 of restricted cash at December 31, 2022, 2021 and 2020 included in Other current assets) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $8.15B USD Point-in-time
Stockholders Equity 32 line items
Line Item Tag Value Unit Period
Common stock, dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $2.48 USD Annual
Common stock, dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $2.64 USD Annual
Common stock, dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $2.80 USD Annual
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $38.26B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $25.40B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $46.06B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $26.00B USD Point-in-time
Net Income Attributable to Merck & Co., Inc. NetIncomeLoss $13.05B USD Annual
Net Income Attributable to Merck & Co., Inc. NetIncomeLoss $14.52B USD Annual
Net Income Attributable to Merck & Co., Inc. NetIncomeLoss $7.07B USD Annual
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTax $-441.00M USD Annual
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTax $1.76B USD Annual
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTax $-339.00M USD Annual
Cash dividends declared on common stock DividendsCommonStockCash $7.13B USD Annual
Cash dividends declared on common stock DividendsCommonStockCash $6.71B USD Annual
Cash dividends declared on common stock DividendsCommonStockCash $6.31B USD Annual
Treasury stock shares purchased TreasuryStockValueAcquiredCostMethod $1.28B USD Annual
Treasury stock shares purchased TreasuryStockValueAcquiredCostMethod $840.00M USD Annual
Spin-off of Organon & Co. StockholdersEquityNoteSpinoffTransaction $5.09B USD Annual
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $7.00M USD Annual
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $16.00M USD Annual
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $15.00M USD Annual
Distributions attributable to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $22.00M USD Annual
Distributions attributable to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $29.00M USD Annual
Distributions attributable to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $13.00M USD Annual
Share-based compensation plans and other StockholdersEquityOther $-761.00M USD Annual
Share-based compensation plans and other StockholdersEquityOther $-372.00M USD Annual
Share-based compensation plans and other StockholdersEquityOther $-525.00M USD Annual
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $38.26B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $25.40B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $46.06B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $26.00B USD Point-in-time
Comprehensive Income 21 line items
Line Item Tag Value Unit Period
Net Income Attributable to Merck & Co., Inc. NetIncomeLoss $13.05B USD Annual
Net Income Attributable to Merck & Co., Inc. NetIncomeLoss $14.52B USD Annual
Net Income Attributable to Merck & Co., Inc. NetIncomeLoss $7.07B USD Annual
Net unrealized (loss) gain on derivatives, net of reclassifications OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-71.00M USD Annual
Net unrealized (loss) gain on derivatives, net of reclassifications OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $410.00M USD Annual
Net unrealized (loss) gain on derivatives, net of reclassifications OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-297.00M USD Annual
Net unrealized loss on investments, net of reclassifications OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax - USD Annual
Net unrealized loss on investments, net of reclassifications OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-18.00M USD Annual
Net unrealized loss on investments, net of reclassifications OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax - USD Annual
Benefit plan net gain (loss) and prior service credit (cost), net of amortization OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $279.00M USD Annual
Benefit plan net gain (loss) and prior service credit (cost), net of amortization OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-1.77B USD Annual
Benefit plan net gain (loss) and prior service credit (cost), net of amortization OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-335.00M USD Annual
Cumulative translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-603.00M USD Annual
Cumulative translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-423.00M USD Annual
Cumulative translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $153.00M USD Annual
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $1.76B USD Annual
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-441.00M USD Annual
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-339.00M USD Annual
Comprehensive Income Attributable to Merck & Co., Inc. ComprehensiveIncomeNetOfTax $6.63B USD Annual
Comprehensive Income Attributable to Merck & Co., Inc. ComprehensiveIncomeNetOfTax $14.80B USD Annual
Comprehensive Income Attributable to Merck & Co., Inc. ComprehensiveIncomeNetOfTax $14.18B USD Annual

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

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