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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 6,841 $ 12,694
Short-term investments 252 498
Accounts receivable (net of allowance for doubtful accounts of $88 in 2023 and $72 in 2022) 10,349 9,450
Inventories (excludes inventories of $3,348 in 2023 and $2,938 in 2022 classified in Other assets - see Note 8) 6,358 5,911
Other current assets 8,368 7,169
Total current assets 32,168 35,722
Investments 252 1,015
Property, Plant and Equipment (at cost)    
Land 326 295
Buildings 14,966 13,166
Machinery, equipment and office furnishings 17,763 16,760
Construction in progress 8,262 9,186
Property, plant and equipment (at cost) 41,317 39,407
Less: accumulated depreciation 18,266 17,985
Property, plant and equipment, net 23,051 21,422
Goodwill 21,197 21,204
Other Intangibles, Net 18,011 20,269
Other Assets 11,996 9,528
Total Assets 106,675 109,160
Current Liabilities    
Loans payable and current portion of long-term debt 1,372 1,946
Trade accounts payable 3,922 4,264
Accrued and other current liabilities 15,766 14,159
Income taxes payable 2,649 1,986
Dividends payable 1,985 1,884
Total current liabilities 25,694 24,239
Long-Term Debt 33,683 28,745
Deferred Income Taxes 871 1,795
Other Noncurrent Liabilities 8,792 8,323
Merck & Co., Inc. Stockholders’ Equity    
Common stock, $0.50 par value Authorized - 6,500,000,000 shares Issued - 3,577,103,522 shares in 2023 and 2022 1,788 1,788
Other paid-in capital 44,509 44,379
Retained earnings 53,895 61,081
Accumulated other comprehensive loss (5,161) (4,768)
Stockholders' equity before deduction for treasury stock 95,031 102,480
Less treasury stock, at cost: 1,045,470,249 shares in 2023 and 1,039,269,638 shares in 2022 57,450 56,489
Total Merck & Co., Inc. stockholders’ equity 37,581 45,991
Noncontrolling Interests 54 67
Total equity 37,635 46,058
Total Liabilities and Equity $ 106,675 $ 109,160