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AbbVie Inc

For the period ended Dec 31, 2023. Filed Feb 20, 2024.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 20, 2024

ABBV$293.30+0.7%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

as of December 31 (in millions, except share data)20232022
Assets
Current assets
Cash and equivalents$12,814$9,201
Short-term investments228
Accounts receivable, net11,15511,254
Inventories4,0993,579
Prepaid expenses and other4,9324,401
Total current assets33,00228,463
Investments304241
Property and equipment, net4,9894,935
Intangible assets, net55,61067,439
Goodwill32,29332,156
Other assets8,5135,571
Total assets$134,711$138,805
Liabilities and Equity
Current liabilities
Short-term borrowings$—$1
Current portion of long-term debt and finance lease obligations7,1914,135
Accounts payable and accrued liabilities30,65025,402
Total current liabilities37,84129,538
Long-term debt and finance lease obligations52,19459,135
Deferred income taxes1,9522,190
Other long-term liabilities32,32730,655
Commitments and contingencies
Stockholders' equity
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, 20221818
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(6,533)(4,594)
Additional paid-in capital20,18019,245
Retained earnings (accumulated deficit)(1,000)4,784
Accumulated other comprehensive loss(2,305)(2,199)
Total stockholders' equity10,36017,254
Noncontrolling interest3733
Total equity10,39717,287
Total liabilities and equity$134,711$138,805
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.