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Condensed Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 9,594 $ 9,799
Short-term investments 313 450
Trade receivables, less allowances of $520 in 2022 and $519 in 2021 6,408 6,487
Inventories:    
Finished products 3,407 3,081
Work in process 726 694
Materials 1,601 1,382
Total inventories 5,734 5,157
Prepaid expenses and other receivables 2,796 2,346
Total Current Assets 24,845 24,239
Investments 764 816
Property and equipment, at cost 19,306 19,364
Less: accumulated depreciation and amortization 10,617 10,405
Net property and equipment 8,689 8,959
Intangible assets, net of amortization 10,850 12,739
Goodwill 22,284 23,231
Deferred income taxes and other assets 5,369 5,212
Total Assets 72,801 75,196
Current Liabilities:    
Trade accounts payable 4,133 4,408
Salaries, wages and commissions 1,426 1,625
Other accrued liabilities 5,475 5,181
Dividends payable 820 831
Income taxes payable 394 306
Current portion of long-term debt 1,117 754
Total Current Liabilities 13,365 13,105
Long-term debt 15,297 17,296
Post-employment obligations, deferred income taxes and other long-term liabilities 8,255 8,771
Commitments and Contingencies
Shareholders’ Investment:    
Preferred shares, one dollar par value Authorized — 1,000,000 shares, none issued 0 0
Common shares, without par value Authorized — 2,400,000,000 shares Issued at stated capital amount — Shares: 2022: 1,985,919,440; 2021: 1,985,273,421 24,560 24,470
Common shares held in treasury, at cost — Shares: 2022: 242,345,663; 2021: 221,191,228 (14,555) (11,822)
Earnings employed in the business 35,115 31,528
Accumulated other comprehensive income (loss) (9,445) (8,374)
Total Abbott Shareholders’ Investment 35,675 35,802
Noncontrolling Interests in Subsidiaries 209 222
Total Shareholders’ Investment 35,884 36,024
Total Liabilities and Shareholders' Investment $ 72,801 $ 75,196