Abbott Laboratories (ABT) financial statements (2021 and earlier)

Company profile

Business Address 100 ABBOTT PARK ROAD
ABBOTT PARK, IL 60064-3500
State of Incorp. IL
Fiscal Year End December 31
SIC 2834 - Pharmaceutical Preparations (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7,1484,1404,0869,61018,7756,1254,460
Cash and cash equivalents6,8383,8603,8449,40718,6205,0014,063
Short-term investments3102802422031551,124397
Receivables6,4145,4255,1825,2493,2483,4183,586
Inventory, net of allowances, customer advances and progress billings5,0124,3163,7963,6012,4342,5992,643
Inventory5,0124,3163,7963,6012,4342,5992,643
Disposal group, including discontinued operation  920513105892
Other current assets   1,6671,8061,9081,975
Other undisclosed current assets1,8671,7861,559   1,705
Total current assets:20,44115,66714,63220,14726,77614,15515,261
Noncurrent Assets
Operating lease, right-of-use asset1,101934
Property, plant and equipment9,0298,0387,5637,6075,7055,7305,935
Long-term investments and receivables8218838978832,9474,041229
Long-term investments8218838978832,9474,041229
Intangible assets, net (including goodwill)38,52840,22042,19645,49312,22215,20016,265
Goodwill23,74423,19523,25424,0207,6839,63810,067
Intangible assets, net (excluding goodwill)14,78417,02518,94221,4734,5395,5626,198
Regulated entity, other noncurrent assets8790102119117  
Disposal group, including discontinued operation, noncurrent assets  171762,75322,738
Other noncurrent assets     2,1191,651
Other undisclosed noncurrent assets2,5412,0551,7661,8252,146 (804)
Total noncurrent assets:52,10752,22052,54156,10325,89027,09226,014
TOTAL ASSETS:72,54867,88767,17376,25052,66641,24741,275
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities11,6879,3858,8058,1985,0905,6835,415
Accounts payable3,9463,2522,9752,4021,1781,0811,064
Accrued liabilities5,1654,0353,7803,8112,5813,0432,943
Employee-related liabilities1,4161,2371,1821,187752746776
Taxes payable362226305309188430270
Interest and dividends payable798635563489391383362
Debt2201,4782077141,3253,1304,437
Disposal group, including discontinued operation    245373680
Total current liabilities:11,90710,8639,0128,9126,6609,18610,532
Noncurrent Liabilities
Long-term debt and lease obligation19,42917,41619,35927,21020,6815,8713,408
Long-term debt, excluding current maturities18,52716,66119,35927,21020,6815,8713,408
Operating lease, liability902755
Liabilities, other than long-term debt3,1192,8172,0409,0304,6084,8649,431
Deferred tax liabilities, net    860
Liability, pension and other postretirement and postemployment benefits3,1192,8172,040   2,875
Disposal group, including discontinued operation, liabilities    59 108
Other liabilities   9,0304,5494,8645,588
Other undisclosed noncurrent liabilities5,0905,4906,040   (3,735)
Total noncurrent liabilities:27,63825,72327,43936,24025,28910,7359,104
Total liabilities:39,54536,58636,45145,15231,94919,92119,636
Stockholders' equity
Stockholders' equity attributable to parent32,78431,08830,52430,89720,53821,21121,526
Common stock24,14523,85323,51223,20613,02712,73412,383
Treasury stock, value(10,042)(10,147)(9,962)(10,225)(10,791)(10,622)(8,678)
Accumulated other comprehensive loss(8,946)(8,465)(7,586)(6,062)(7,263)(6,658)(5,053)
Retained earnings27,62725,84724,56023,97825,56525,75722,874
Stockholders' equity attributable to noncontrolling interest219213198201179115113
Total stockholders' equity:33,00331,30130,72231,09820,71721,32621,639
TOTAL LIABILITIES AND EQUITY:72,54867,88767,17376,25052,66641,24741,275

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues34,60831,90430,57827,39020,85320,40520,247
Revenue, net27,39020,85320,40520,247
Cost of revenue(17,135)(13,231)(12,706)(13,500)(9,574)(9,348)(9,218)
Cost of goods and services sold(15,003)(13,231)(12,706)(12,337)(9,024)(8,747)(9,218)
Gross profit:17,47318,67317,87213,89011,27911,05711,029
Operating expenses(12,116)(14,141)(14,222)(12,164)(8,094)(8,190)(8,505)
Other undisclosed operating income      75
Operating income:5,3574,5323,6501,7263,1852,8672,599
Nonoperating income (expense)1572782161,409(1,341)47987
Investment income, nonoperating46941051249910577
Foreign currency transaction gain (loss), before tax8(7)(28)34(495)9324
Other nonoperating income (expense)1031911391,251(945)281(14)
Interest and debt expense(546)(733)(993)(904)(431)(163)(168)
Income from continuing operations before income taxes:4,9684,0772,8732,2311,4133,1832,518
Income tax expense(497)(390)(539)(1,878)(350)(577)(797)
Income from continuing operations:4,4713,6872,3343531,0632,6061,721
Income from discontinued operations24 341243371,817505
Net income:4,4953,6872,3684771,4004,4232,226
Other undisclosed net income attributable to parent      58
Net income attributable to parent:4,4953,6872,3684771,4004,4232,284
Other undisclosed net loss available to common stockholders, basic(22)(21)(15)(9)(7)(20)(11)
Net income available to common stockholders, diluted:4,4733,6662,3534681,3934,4032,273

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:4,4953,6872,3684771,4004,4232,226
Other comprehensive income (loss)166255(47)104129110(3,041)
Other undisclosed comprehensive income      58
Comprehensive income (loss):4,6613,9422,3215811,5294,533(757)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(647)(1,134)(1,145)948(734)(1,842) 
Comprehensive income (loss), net of tax, attributable to parent:4,0142,8081,1761,5297952,691(757)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: