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Condensed Consolidated Balance Sheet - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 4,091 $ 3,844
Short-term investments 244 242
Trade receivables, less allowances of $354 in 2019 and $314 in 2018 5,450 5,182
Inventories:    
Finished products 2,846 2,407
Work in process 584 499
Materials 962 890
Total inventories 4,392 3,796
Prepaid expenses and other receivables 1,942 1,568
Total Current Assets 16,119 14,632
Investments 874 897
Property and equipment, at cost 16,343 15,706
Less: accumulated depreciation and amortization 8,518 8,143
Net property and equipment 7,825 7,563
Intangible assets, net of amortization 17,465 18,942
Goodwill 23,046 23,254
Deferred income taxes and other assets 3,210 1,885
Total Assets 68,539 67,173
Current Liabilities:    
Short-term borrowings 204 200
Trade accounts payable 3,029 2,975
Salaries, wages and commissions 1,258 1,182
Other accrued liabilities 4,112 3,780
Dividends payable 567 563
Income taxes payable 67 305
Current portion of long-term debt 1,254 7
Total Current Liabilities 10,491 9,012
Long-term debt 17,639 19,359
Post-employment obligations, deferred income taxes and other long-term liabilities 8,390 8,080
Commitments and Contingencies
Shareholders' Investment:    
Preferred shares, one dollar par value Authorized - 1,000,000 shares, none issued
Common shares, without par value Authorized - 2,400,000,000 shares Issued at stated capital amount - Shares: 2019: 1,976,705,285; 2018: 1,971,189,465 23,771 23,512
Common shares held in treasury, at cost - Shares: 2019: 208,249,580; 2018: 215,570,043 (9,631) (9,962)
Earnings employed in the business 25,440 24,560
Accumulated other comprehensive income (loss) (7,763) (7,586)
Total Abbott Shareholders' Investment 31,817 30,524
Noncontrolling Interests in Subsidiaries 202 198
Total Shareholders' Investment 32,019 30,722
Total Liabilities and Shareholders' Investment $ 68,539 $ 67,173