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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents (Note 7) $ 6,536.2 $ 4,582.1
Short-term investments (Note 7) 1,497.9 1,456.5
Accounts receivable, net of allowances of $38.7 (2017) and $40.3 (2016) 4,546.3 4,029.4
Other receivables 715.9 736.9
Inventories (Note 6) 4,458.3 3,561.9
Prepaid expenses and other 1,447.5 734.6
Total current assets 19,202.1 15,101.4
Other Assets    
Investments (Note 7) 5,678.8 5,207.5
Goodwill (Note 8) 4,370.1 3,972.7
Other intangibles, net (Note 8) 4,029.2 4,357.9
Sundry 2,874.3 1,913.8
Total other assets 16,952.4 15,451.9
Property and equipment, net (Note 9) 8,826.5 8,252.6
Total assets 44,981.0 38,805.9
Current Liabilities    
Short-term borrowings and current maturities of long-term debt (Note 10) 3,706.6 1,937.4
Accounts payable 1,410.7 1,349.3
Employee compensation 997.9 896.9
Sales rebates and discounts 4,465.1 3,914.9
Dividends payable 590.6 548.1
Income taxes payable (Note 13) 532.9 119.1
Other current liabilities 2,832.1 2,220.9
Total current liabilities 14,535.9 10,986.6
Other Liabilities    
Long-term debt (Note 10) 9,940.5 8,367.8
Accrued retirement benefits (Note 14) 3,513.9 2,453.9
Long-term income taxes payable (Note 13) 3,776.5 688.9
Other noncurrent liabilities 1,546.3 2,228.2
Total other liabilities 18,777.2 13,738.8
Eli Lilly and Company Shareholders' Equity (Notes 11 and 12)    
Common stock—no par value Authorized shares: 3,200,000 Issued shares: 1,100,672 (2017) and 1,101,586 (2016) 687.9 688.5
Additional paid-in capital 5,817.8 5,640.6
Retained earnings 13,894.1 16,046.3
Employee benefit trust (3,013.2) (3,013.2)
Accumulated other comprehensive loss (Note 16) (5,718.6) (5,274.0)
Cost of common stock in treasury (75.8) (80.5)
Total Eli Lilly and Company shareholders' equity 11,592.2 14,007.7
Noncontrolling interests 75.7 72.8
Total equity 11,667.9 14,080.5
Total liabilities and equity $ 44,981.0 $ 38,805.9