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10-K Filing

MERCK & CO., INC. CIK: 310158 FY 2023
Filing Information
Form Type 10-K
Accession Number 0001628280-24-006850
Period End Date 20231231
Filing Date 20240226
Fiscal Year 2023
Fiscal Period FY
XBRL Instance mrk-20231231_htm.xml
Balance Sheet 90 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $88.00M USD Point-in-time
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $72.00M USD Point-in-time
Inventory classified in Other assets InventoryNoncurrent $3.35B USD Point-in-time
Inventory classified in Other assets InventoryNoncurrent $2.94B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $12.69B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $6.84B USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.50 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.50 USD Point-in-time
Common stock, authorized (in shares) CommonStockSharesAuthorized 6.50B shares Point-in-time
Short-term investments MarketableSecuritiesCurrent $252.00M USD Point-in-time
Short-term investments MarketableSecuritiesCurrent $498.00M 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 $88 in 2023 and $72 in 2022) AccountsReceivableNetCurrent $10.35B USD 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 $88 in 2023 and $72 in 2022) AccountsReceivableNetCurrent $9.45B 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 $3,348 in 2023 and $2,938 in 2022 classified in Other assets - see Note 8) InventoryNet $5.91B USD Point-in-time
Inventories (excludes inventories of $3,348 in 2023 and $2,938 in 2022 classified in Other assets - see Note 8) InventoryNet $6.36B USD Point-in-time
Other current assets OtherAssetsCurrent $8.37B USD Point-in-time
Other current assets OtherAssetsCurrent $7.17B USD Point-in-time
Total current assets AssetsCurrent $35.72B USD Point-in-time
Total current assets AssetsCurrent $32.17B USD Point-in-time
Investments MarketableSecuritiesNoncurrent $1.01B USD Point-in-time
Investments MarketableSecuritiesNoncurrent $252.00M 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 $14.97B USD Point-in-time
Machinery, equipment and office furnishings MachineryAndEquipmentGross $16.76B USD Point-in-time
Machinery, equipment and office furnishings MachineryAndEquipmentGross $17.76B USD Point-in-time
Construction in progress ConstructionInProgressGross $9.19B USD Point-in-time
Construction in progress ConstructionInProgressGross $8.26B USD Point-in-time
Property, plant and equipment (at cost) PropertyPlantAndEquipmentGross $41.32B USD Point-in-time
Property, plant and equipment (at cost) PropertyPlantAndEquipmentGross $39.41B USD Point-in-time
Less: accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $18.27B USD Point-in-time
Less: accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $17.98B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $19.28B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $23.05B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $21.42B USD Point-in-time
Goodwill Goodwill $21.26B USD Point-in-time
Goodwill Goodwill $21.20B USD Point-in-time
Goodwill Goodwill $21.20B USD Point-in-time
Other Intangibles, Net IntangibleAssetsNetExcludingGoodwill $18.01B USD Point-in-time
Other Intangibles, Net IntangibleAssetsNetExcludingGoodwill $20.27B USD Point-in-time
Other Assets OtherAssetsNoncurrent $12.00B USD Point-in-time
Other Assets OtherAssetsNoncurrent $9.53B USD Point-in-time
Total Assets Assets $106.67B 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 $1.37B USD Point-in-time
Trade accounts payable AccountsPayableCurrent $3.92B USD Point-in-time
Trade accounts payable AccountsPayableCurrent $4.26B USD Point-in-time
Accrued and other current liabilities OtherLiabilitiesCurrent $14.16B USD Point-in-time
Accrued and other current liabilities OtherLiabilitiesCurrent $15.77B USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $2.65B USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $1.99B USD Point-in-time
Dividends payable DividendsPayableCurrent $1.99B USD Point-in-time
Dividends payable DividendsPayableCurrent $1.88B USD Point-in-time
Total current liabilities LiabilitiesCurrent $25.69B USD Point-in-time
Total current liabilities LiabilitiesCurrent $24.24B USD Point-in-time
Long-Term Debt LongTermDebtNoncurrent $28.75B USD Point-in-time
Long-Term Debt LongTermDebtNoncurrent $33.68B USD Point-in-time
Deferred Income Taxes DeferredIncomeTaxLiabilitiesNet $1.79B USD Point-in-time
Deferred Income Taxes DeferredIncomeTaxLiabilitiesNet $871.00M USD Point-in-time
Other Noncurrent Liabilities OtherLiabilitiesNoncurrent $8.79B USD Point-in-time
Other Noncurrent Liabilities OtherLiabilitiesNoncurrent $8.32B USD Point-in-time
Common stock, $0.50 par value Authorized - 6,500,000,000 shares Issued - 3,577,103,522 shares in 2023 and 2022 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 2023 and 2022 CommonStockValue $1.79B USD Point-in-time
Other paid-in capital AdditionalPaidInCapitalCommonStock $44.38B USD Point-in-time
Other paid-in capital AdditionalPaidInCapitalCommonStock $44.51B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $61.08B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $53.90B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-5.16B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-4.77B 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 $95.03B USD Point-in-time
Less treasury stock, at cost: 1,045,470,249 shares in 2023 and 1,039,269,638 shares in 2022 TreasuryStockCommonValue $57.45B USD Point-in-time
Less treasury stock, at cost: 1,045,470,249 shares in 2023 and 1,039,269,638 shares in 2022 TreasuryStockCommonValue $56.49B USD Point-in-time
Total Merck & Co., Inc. stockholders equity StockholdersEquity $45.99B USD Point-in-time
Total Merck & Co., Inc. stockholders equity StockholdersEquity $37.58B USD Point-in-time
Noncontrolling Interests MinorityInterest $54.00M USD Point-in-time
Noncontrolling Interests MinorityInterest $67.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $25.40B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $38.26B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $37.63B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $46.06B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $109.16B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $106.67B USD Point-in-time
Income Statement 60 line items
Line Item Tag Value Unit Period
Sales Revenues $60.12B USD Annual
Sales Revenues $48.70B USD Annual
Sales Revenues $59.28B USD Annual
Cost of sales CostOfGoodsAndServicesSold $13.63B USD Annual
Cost of sales CostOfGoodsAndServicesSold $16.13B USD Annual
Cost of sales CostOfGoodsAndServicesSold $17.41B 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 $10.50B USD Annual
Research and development ResearchAndDevelopmentExpense $13.55B USD Annual
Research and development ResearchAndDevelopmentExpense $30.53B USD Annual
Research and development ResearchAndDevelopmentExpense $12.24B USD Annual
Restructuring costs RestructuringCharges $599.00M USD Annual
Restructuring costs RestructuringCharges $337.00M USD Annual
Restructuring costs RestructuringCharges $661.00M USD Annual
Other (income) expense, net OtherNonoperatingIncomeExpense $1.34B USD Annual
Other (income) expense, net OtherNonoperatingIncomeExpense $-1.50B USD Annual
Other (income) expense, net OtherNonoperatingIncomeExpense $-466.00M 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 $58.23B USD Annual
Income from Continuing Operations Before Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $16.44B USD Annual
Income from Continuing Operations Before Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.89B USD Annual
Income from Continuing Operations Before Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $13.88B USD Annual
Taxes on Income from Continuing Operations IncomeTaxExpenseBenefit $1.52B USD Annual
Taxes on Income from Continuing Operations IncomeTaxExpenseBenefit $1.51B USD Annual
Taxes on Income from Continuing Operations IncomeTaxExpenseBenefit $1.92B USD Annual
Net Income from Continuing Operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $12.36B USD Annual
Net Income from Continuing Operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $14.53B USD Annual
Net Income from Continuing Operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $377.00M 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 $12.00M 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 $14.52B USD Annual
Net Income from Continuing Operations Attributable to Merck & Co., Inc. IncomeLossFromContinuingOperations $365.00M 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 - 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 $365.00M 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
Income from Continuing Operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $0.14 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 Discontinued Operations (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare $0.28 USD Annual
Income from Discontinued Operations (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare - 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 $0.14 USD Annual
Income from Continuing Operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $4.86 USD Annual
Income from Continuing Operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.14 USD Annual
Income from Continuing Operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $5.71 USD Annual
Income from Discontinued Operations (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare - USD Annual
Income from Discontinued Operations (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare $0.28 USD Annual
Income from Discontinued Operations (in dollars per share) DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare - USD Annual
Net Income (in dollars per share) EarningsPerShareDiluted $5.71 USD Annual
Net Income (in dollars per share) EarningsPerShareDiluted $0.14 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 $71.00M USD Point-in-time
Restricted cash RestrictedCash $68.00M USD Point-in-time
Restricted cash RestrictedCash $79.00M USD Point-in-time
Restricted cash RestrictedCash $103.00M USD Point-in-time
Net income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $12.36B USD Annual
Net income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $14.53B USD Annual
Net income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $377.00M USD Annual
Amortization AdjustmentForAmortization $1.64B USD Annual
Amortization AdjustmentForAmortization $2.08B USD Annual
Amortization AdjustmentForAmortization $2.04B USD Annual
Depreciation Depreciation $1.58B USD Annual
Depreciation Depreciation $1.83B USD Annual
Depreciation Depreciation $1.82B USD Annual
Intangible asset impairment charges ImpairmentOfIntangibleAssetsExcludingGoodwill $1.75B USD Annual
Intangible asset impairment charges ImpairmentOfIntangibleAssetsExcludingGoodwill $302.00M USD Annual
Intangible asset impairment charges ImpairmentOfIntangibleAssetsExcludingGoodwill $792.00M USD Annual
(Income) loss from investments in equity securities, net EquitySecuritiesFvNiGainLoss $-1.42B USD Annual
(Income) loss from investments in equity securities, net EquitySecuritiesFvNiGainLoss $1.94B USD Annual
(Income) loss from investments in equity securities, net EquitySecuritiesFvNiGainLoss $340.00M USD Annual
Charge for the acquisition of Prometheus Biosciences, Inc. ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOffAssetAcquisitionThree $10.22B USD Annual
Charge for the acquisition of Prometheus Biosciences, Inc. ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOffAssetAcquisitionThree - USD Annual
Charge for the acquisition of Prometheus Biosciences, Inc. ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOffAssetAcquisitionThree - USD Annual
Charge for the acquisition of Imago BioSciences, Inc. ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOffAssetAcquisitionTwo - USD Annual
Charge for the acquisition of Imago BioSciences, Inc. ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOffAssetAcquisitionTwo - USD Annual
Charge for the acquisition of Imago BioSciences, Inc. ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOffAssetAcquisitionTwo $1.19B 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
Deferred income taxes DeferredIncomeTaxExpenseBenefit $187.00M USD Annual
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-1.90B USD Annual
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-1.57B USD Annual
Share-based compensation ShareBasedCompensation $541.00M USD Annual
Share-based compensation ShareBasedCompensation $645.00M USD Annual
Share-based compensation ShareBasedCompensation $479.00M USD Annual
Other OtherNoncashIncomeExpense $-1.30B USD Annual
Other OtherNoncashIncomeExpense $-805.00M USD Annual
Other OtherNoncashIncomeExpense $-355.00M USD Annual
Accounts receivable IncreaseDecreaseInAccountsReceivable $1.15B USD Annual
Accounts receivable IncreaseDecreaseInAccountsReceivable $2.03B USD Annual
Accounts receivable IncreaseDecreaseInAccountsReceivable $644.00M USD Annual
Inventories IncreaseDecreaseInInventories $674.00M USD Annual
Inventories IncreaseDecreaseInInventories $816.00M USD Annual
Inventories IncreaseDecreaseInInventories $161.00M USD Annual
Trade accounts payable IncreaseDecreaseInAccountsPayableTrade $-380.00M USD Annual
Trade accounts payable IncreaseDecreaseInAccountsPayableTrade $405.00M USD Annual
Trade accounts payable IncreaseDecreaseInAccountsPayableTrade $-289.00M USD Annual
Accrued and other current liabilities IncreaseDecreaseInAccruedLiabilities $277.00M USD Annual
Accrued and other current liabilities IncreaseDecreaseInAccruedLiabilities $1.78B USD Annual
Accrued and other current liabilities IncreaseDecreaseInAccruedLiabilities $-50.00M USD Annual
Income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $-540.00M USD Annual
Income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $380.00M USD Annual
Income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $214.00M USD Annual
Noncurrent liabilities IncreaseDecreaseInOtherOperatingLiabilities $-545.00M USD Annual
Noncurrent liabilities IncreaseDecreaseInOtherOperatingLiabilities $484.00M USD Annual
Noncurrent liabilities IncreaseDecreaseInOtherOperatingLiabilities $456.00M USD Annual
Other IncreaseDecreaseInOtherOperatingCapitalNet $1.47B USD Annual
Other IncreaseDecreaseInOtherOperatingCapitalNet $1.76B USD Annual
Other IncreaseDecreaseInOtherOperatingCapitalNet $2.31B USD Annual
Net Cash Provided by Operating Activities of Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $13.01B 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
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $4.39B USD Annual
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $4.45B USD Annual
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $3.86B USD Annual
Purchases of securities and other investments PaymentsToAcquireInvestments $955.00M USD Annual
Purchases of securities and other investments PaymentsToAcquireInvestments $1.00M USD Annual
Purchases of securities and other investments PaymentsToAcquireInvestments $1.20B USD Annual
Proceeds from sale of Seagen Inc. common stock ProceedsFromSaleOfEquitySecuritiesFvNi - USD Annual
Proceeds from sale of Seagen Inc. common stock ProceedsFromSaleOfEquitySecuritiesFvNi $1.15B USD Annual
Proceeds from sale of Seagen Inc. common stock ProceedsFromSaleOfEquitySecuritiesFvNi - USD Annual
Proceeds from sales of securities and other investments ProceedsFromSaleAndMaturityOfOtherInvestments $1.03B USD Annual
Proceeds from sales of securities and other investments ProceedsFromSaleAndMaturityOfOtherInvestments $1.66B USD Annual
Proceeds from sales of securities and other investments ProceedsFromSaleAndMaturityOfOtherInvestments $721.00M USD Annual
Acquisition of Prometheus Biosciences, Inc., net of cash acquired PaymentsToAcquireBusinessFourNetOfCashAcquired - USD Annual
Acquisition of Prometheus Biosciences, Inc., net of cash acquired PaymentsToAcquireBusinessFourNetOfCashAcquired - USD Annual
Acquisition of Prometheus Biosciences, Inc., net of cash acquired PaymentsToAcquireBusinessFourNetOfCashAcquired $10.71B USD Annual
Acquisition of Imago BioSciences Inc., net of cash acquired PaymentsToAcquireBusinessFiveNetOfCashAcquired - USD Annual
Acquisition of Imago BioSciences Inc., net of cash acquired PaymentsToAcquireBusinessFiveNetOfCashAcquired - USD Annual
Acquisition of Imago BioSciences Inc., net of cash acquired PaymentsToAcquireBusinessFiveNetOfCashAcquired $1.33B 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 Acceleron Pharma Inc., net of cash acquired PaymentsToAcquireBusinessTwoNetOfCashAcquired - 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
Other acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $121.00M USD Annual
Other acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD Annual
Other acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $179.00M USD Annual
Other PaymentsForProceedsFromOtherInvestingActivities $-32.00M USD Annual
Other PaymentsForProceedsFromOtherInvestingActivities $36.00M USD Annual
Other PaymentsForProceedsFromOtherInvestingActivities $91.00M USD Annual
Net Cash Used in Investing Activities of Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-14.08B 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 RepaymentsOfShortTermDebt $3.99B USD Annual
Net change in short-term borrowings RepaymentsOfShortTermDebt - USD Annual
Net change in short-term borrowings RepaymentsOfShortTermDebt - USD Annual
Payments on debt RepaymentsOfLongTermDebt $2.25B USD Annual
Payments on debt RepaymentsOfLongTermDebt $2.32B USD Annual
Payments on debt RepaymentsOfLongTermDebt $1.75B USD Annual
Proceeds from issuance of debt ProceedsFromIssuanceOfLongTermDebt $7.94B USD Annual
Proceeds from issuance of debt ProceedsFromIssuanceOfLongTermDebt - USD Annual
Proceeds from issuance of debt ProceedsFromIssuanceOfLongTermDebt $5.94B 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 $840.00M USD Annual
Purchases of treasury stock PaymentsForRepurchaseOfCommonStock $1.35B USD Annual
Purchases of treasury stock PaymentsForRepurchaseOfCommonStock - USD Annual
Dividends paid to stockholders PaymentsOfDividendsCommonStock $7.01B USD Annual
Dividends paid to stockholders PaymentsOfDividendsCommonStock $6.61B USD Annual
Dividends paid to stockholders PaymentsOfDividendsCommonStock $7.45B USD Annual
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $202.00M USD Annual
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $125.00M USD Annual
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $384.00M USD Annual
Other ProceedsFromPaymentsForOtherFinancingActivities $-286.00M USD Annual
Other ProceedsFromPaymentsForOtherFinancingActivities $-240.00M USD Annual
Other ProceedsFromPaymentsForOtherFinancingActivities $-328.00M 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 (Used in) Provided by Financing Activities of Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-4.81B USD Annual
Net cash provided by operating activities CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations - USD Annual
Net cash provided by operating activities CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations - USD Annual
Net cash provided by operating activities CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $987.00M USD Annual
Net cash used in investing activities CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations - 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 - USD Annual
Net cash used in financing activities CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations $-504.00M USD Annual
Net cash used in financing activities CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations - USD Annual
Net Cash Flows Provided by Discontinued Operations NetCashProvidedByUsedInDiscontinuedOperations - 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 $23.00M 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 $-133.00M USD Annual
Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-5.86B USD Annual
Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $14.00M USD Annual
Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $4.61B USD Annual
Cash, Cash Equivalents and Restricted Cash at Beginning of Year (includes $79, $71 and $103 of restricted cash at January 1, 2023, 2022 and 2021, respectively, included in Other current assets) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $8.17B USD Point-in-time
Cash, Cash Equivalents and Restricted Cash at Beginning of Year (includes $79, $71 and $103 of restricted cash at January 1, 2023, 2022 and 2021, respectively, included in Other current assets) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $8.15B USD Point-in-time
Cash, Cash Equivalents and Restricted Cash at Beginning of Year (includes $79, $71 and $103 of restricted cash at January 1, 2023, 2022 and 2021, respectively, included in Other current assets) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.77B USD Point-in-time
Cash, Cash Equivalents and Restricted Cash at Beginning of Year (includes $79, $71 and $103 of restricted cash at January 1, 2023, 2022 and 2021, respectively, included in Other current assets) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.91B USD Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Year (includes $68, $79 and $71 of restricted cash at December 31, 2023, 2022 and 2021, respectively, included in Other current assets) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $8.17B USD Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Year (includes $68, $79 and $71 of restricted cash at December 31, 2023, 2022 and 2021, respectively, included in Other current assets) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $8.15B USD Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Year (includes $68, $79 and $71 of restricted cash at December 31, 2023, 2022 and 2021, respectively, included in Other current assets) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.77B USD Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Year (includes $68, $79 and $71 of restricted cash at December 31, 2023, 2022 and 2021, respectively, included in Other current assets) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.91B USD Point-in-time
Stockholders Equity 32 line items
Line Item Tag Value Unit Period
Common stock, dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $2.64 USD Annual
Common stock, dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $2.80 USD Annual
Common stock, dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $2.96 USD Annual
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $25.40B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $38.26B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $37.63B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $46.06B USD Point-in-time
Net Income Attributable to Merck & Co., Inc. NetIncomeLoss $365.00M 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
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTax $-339.00M USD Annual
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTax $-393.00M USD Annual
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTax $1.76B USD Annual
Cash dividends declared on common stock DividendsCommonStockCash $6.71B USD Annual
Cash dividends declared on common stock DividendsCommonStockCash $7.13B USD Annual
Cash dividends declared on common stock DividendsCommonStockCash $7.55B USD Annual
Treasury stock shares purchased TreasuryStockValueAcquiredCostMethod $1.35B 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 $16.00M USD Annual
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $7.00M USD Annual
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $12.00M USD Annual
Distributions attributable to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $25.00M USD Annual
Distributions attributable to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $13.00M USD Annual
Distributions attributable to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $29.00M USD Annual
Share-based compensation plans and other StockholdersEquityOther $-525.00M USD Annual
Share-based compensation plans and other StockholdersEquityOther $-761.00M USD Annual
Share-based compensation plans and other StockholdersEquityOther $-515.00M USD Annual
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $25.40B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $38.26B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $37.63B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $46.06B USD Point-in-time
Comprehensive Income 18 line items
Line Item Tag Value Unit Period
Net Income Attributable to Merck & Co., Inc. NetIncomeLoss $365.00M 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 unrealized (loss) gain on derivatives, net of reclassifications OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $410.00M USD Annual
Net unrealized (loss) gain on derivatives, net of reclassifications OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $-71.00M USD Annual
Net unrealized (loss) gain on derivatives, net of reclassifications OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $-97.00M USD Annual
Benefit plan net (loss) gain and prior service (cost) credit, net of amortization OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent $385.00M USD Annual
Benefit plan net (loss) gain and prior service (cost) credit, net of amortization OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent $-335.00M USD Annual
Benefit plan net (loss) gain and prior service (cost) credit, net of amortization OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent $-1.77B USD Annual
Cumulative translation adjustment OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-423.00M USD Annual
Cumulative translation adjustment OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $89.00M USD Annual
Cumulative translation adjustment OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-603.00M USD Annual
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-339.00M USD Annual
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $1.76B USD Annual
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-393.00M USD Annual
Comprehensive (Loss) Income Attributable to Merck & Co., Inc. ComprehensiveIncomeNetOfTax $-28.00M USD Annual
Comprehensive (Loss) Income Attributable to Merck & Co., Inc. ComprehensiveIncomeNetOfTax $14.80B USD Annual
Comprehensive (Loss) 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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