Condensed Consolidated Balance Sheet (Unaudited) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current Assets:
Cash and cash equivalents	$ 6,284	$ 6,896
Short-term investments	367	383
Trade receivables, less allowances of $439 in 2024 and $444 in 2023	6,605	6,565
Inventories:
Finished products	4,063	3,946
Work in process	881	807
Materials	1,883	1,817
Total inventories	6,827	6,570
Prepaid expenses and other receivables	2,293	2,256
Total Current Assets	22,376	22,670
Investments	818	799
Property and equipment, at cost	22,055	21,933
Less: accumulated depreciation and amortization	11,948	11,779
Net property and equipment	10,107	10,154
Intangible assets, net of amortization	8,296	8,815
Goodwill	23,383	23,679
Deferred income taxes and other assets	7,487	7,097
Total Assets	72,467	73,214
Current Liabilities:
Trade accounts payable	4,178	4,295
Salaries, wages and commissions	1,092	1,597
Other accrued liabilities	5,220	5,422
Dividends payable	959	955
Income taxes payable	562	492
Current portion of long-term debt	2,010	1,080
Total Current Liabilities	14,021	13,841
Long-term debt	12,576	13,599
Post-employment obligations, deferred income taxes and other long-term liabilities	6,827	6,947
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: 2024: 1,989,789,999; 2023: 1,987,883,852	24,726	24,869
Common shares held in treasury, at cost — Shares: 2024: 250,155,515; 2023: 253,807,494	(15,761)	(15,981)
Earnings employed in the business	38,011	37,554
Accumulated other comprehensive income (loss)	(8,166)	(7,839)
Total Abbott Shareholders’ Investment	38,810	38,603
Noncontrolling Interests in Subsidiaries	233	224
Total Shareholders’ Investment	39,043	38,827
Total Liabilities and Shareholders' Investment	$ 72,467	$ 73,214