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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 9,799 $ 6,838
Investments, primarily bank time deposits and U.S. treasury bills 450 310
Trade receivables, less allowances of - 2021: $519; 2020: $460 6,487 6,414
Inventories:    
Finished products 3,081 3,030
Work in process 694 712
Materials 1,382 1,270
Total inventories 5,157 5,012
Other prepaid expenses and receivables 2,346 1,867
Total current assets 24,239 20,441
Investments 816 821
Property and equipment, at cost:    
Land 525 538
Buildings 4,007 4,014
Equipment 13,528 12,884
Construction in progress 1,304 1,357
Property and equipment, at cost 19,364 18,793
Less: accumulated depreciation and amortization 10,405 9,764
Net property and equipment 8,959 9,029
Intangible assets, net of amortization 12,739 14,784
Goodwill 23,231 23,744
Deferred income taxes and other assets 5,212 3,729
Total Assets 75,196 72,548
Current liabilities:    
Short-term borrowings 0 213
Trade accounts payable 4,408 3,946
Salaries, wages and commissions 1,625 1,416
Other accrued liabilities 5,181 5,165
Dividends payable 831 798
Income taxes payable 306 362
Current portion of long-term debt 754 7
Total current liabilities 13,105 11,907
Long-term debt 17,296 18,527
Post-employment obligations and other long-term liabilities 8,771 9,111
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: 2021: 1,985,273,421; 2020: 1,981,156,896 24,470 24,145
Common shares held in treasury, at cost - Shares: 2021: 221,191,228; 2020: 209,926,622 (11,822) (10,042)
Earnings employed in the business 31,528 27,627
Accumulated other comprehensive income (loss) (8,374) (8,946)
Total Abbott Shareholders' Investment 35,802 32,784
Noncontrolling interests in subsidiaries 222 219
Total Shareholders' Investment 36,024 33,003
Total Liabilities and Shareholders' Investment $ 75,196 $ 72,548