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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 9,882 $ 9,799
Investments, primarily bank time deposits and U.S. treasury bills 288 450
Trade receivables, less allowances of — 2022: $500; 2021: $519 6,218 6,487
Inventories:    
Finished products 3,805 3,081
Work in process 680 694
Materials 1,688 1,382
Total inventories 6,173 5,157
Other prepaid expenses and receivables 2,663 2,346
Total current assets 25,224 24,239
Investments 766 816
Property and equipment, at cost:    
Land 511 525
Buildings 4,053 4,007
Equipment 14,164 13,528
Construction in progress 1,484 1,304
Property and equipment, at cost 20,212 19,364
Less: accumulated depreciation and amortization 11,050 10,405
Net property and equipment 9,162 8,959
Intangible assets, net of amortization 10,454 12,739
Goodwill 22,799 23,231
Deferred income taxes and other assets 6,033 5,212
Total Assets 74,438 75,196
Current liabilities:    
Trade accounts payable 4,607 4,408
Salaries, wages and commissions 1,556 1,625
Other accrued liabilities 5,845 5,181
Dividends payable 887 831
Income taxes payable 343 306
Current portion of long-term debt 2,251 754
Total current liabilities 15,489 13,105
Long-term debt 14,522 17,296
Post-employment obligations and other long-term liabilities 7,522 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: 1,986,519,278; 2021: 1,985,273,421 24,709 24,470
Common shares held in treasury, at cost — Shares: 2022: 248,724,257; 2021: 221,191,228 (15,229) (11,822)
Earnings employed in the business 35,257 31,528
Accumulated other comprehensive income (loss) (8,051) (8,374)
Total Abbott Shareholders’ Investment 36,686 35,802
Noncontrolling interests in subsidiaries 219 222
Total Shareholders’ Investment 36,905 36,024
Total Liabilities and Shareholders' Investment $ 74,438 $ 75,196