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Condensed Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 6,709 $ 9,882
Short-term investments 338 288
Trade receivables, less allowances of $472 in 2023 and $500 in 2022 6,499 6,218
Inventories:    
Finished products 3,847 3,805
Work in process 888 680
Materials 1,915 1,688
Total inventories 6,650 6,173
Prepaid expenses and other receivables 2,468 2,663
Total Current Assets 22,664 25,224
Investments 788 766
Property and equipment, at cost 21,111 20,212
Less: accumulated depreciation and amortization 11,559 11,050
Net property and equipment 9,552 9,162
Intangible assets, net of amortization 9,282 10,454
Goodwill 23,277 22,799
Deferred income taxes and other assets 6,527 6,033
Total Assets 72,090 74,438
Current Liabilities:    
Trade accounts payable 3,961 4,607
Salaries, wages and commissions 1,479 1,556
Other accrued liabilities 5,347 5,845
Dividends payable 886 887
Income taxes payable 318 343
Current portion of long-term debt 1,051 2,251
Total Current Liabilities 13,042 15,489
Long-term debt 14,477 14,522
Post-employment obligations, deferred income taxes and other long-term liabilities 6,877 7,522
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: 2023: 1,987,305,154; 2022: 1,986,519,278 24,727 24,709
Common shares held in treasury, at cost — Shares: 2023: 251,246,618; 2022: 248,724,257 (15,686) (15,229)
Earnings employed in the business 36,920 35,257
Accumulated other comprehensive income (loss) (8,480) (8,051)
Total Abbott Shareholders’ Investment 37,481 36,686
Noncontrolling Interests in Subsidiaries 213 219
Total Shareholders’ Investment 37,694 36,905
Total Liabilities and Shareholders' Investment $ 72,090 $ 74,438