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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents (Note 7) $ 1,699.0 $ 2,337.5
Short-term investments (Note 7) 78.4 101.0
Accounts receivable, net of allowances of $23.7 (2020) and $22.4 (2019) 5,106.1 4,547.3
Other receivables 1,246.4 994.2
Inventories 3,102.4 3,190.7
Prepaid expenses and other 2,761.9 2,538.9
Total current assets 13,994.2 13,709.6
Investments (Note 7) 2,148.7 1,962.4
Goodwill 3,779.1 3,679.4
Other intangibles, net 7,766.7 6,618.0
Deferred tax assets 2,471.6 2,572.6
Property and equipment, net of accumulated depreciation of $9,141.5 (2020) and $9,161.6 (2019) 7,897.9 7,872.9
Other noncurrent assets 3,044.6 2,871.2
Total assets 41,102.8 39,286.1
Current Liabilities    
Short-term borrowings and current maturities of long-term debt 3,248.0 1,499.3
Accounts payable 1,207.7 1,405.3
Employee compensation 565.8 915.5
Sales rebates and discounts 4,703.9 4,933.6
Dividends payable 0.0 671.5
Income taxes payable 667.4 160.6
Other current liabilities 2,217.4 2,189.4
Total current liabilities 12,610.2 11,775.2
Other Liabilities    
Long-term debt 13,982.3 13,817.9
Accrued retirement benefits (Note 9) 3,632.0 3,698.2
Long-term income taxes payable 3,621.9 3,607.2
Deferred tax liabilities 2,186.2 2,187.5
Other noncurrent liabilities 1,873.0 1,501.0
Total other liabilities 25,295.4 24,811.8
Commitments and Contingencies (Note 10)
Eli Lilly and Company Shareholders’ Equity    
Common stock 598.1 598.8
Additional paid-in capital 6,556.1 6,685.3
Retained earnings 5,879.4 4,920.4
Employee benefit trust (3,013.2) (3,013.2)
Accumulated other comprehensive loss (Note 11) (6,885.9) (6,523.6)
Cost of common stock in treasury (55.7) (60.8)
Total Eli Lilly and Company shareholders’ equity 3,078.8 2,606.9
Noncontrolling interests 118.4 92.2
Total equity 3,197.2 2,699.1
Total liabilities and equity $ 41,102.8 $ 39,286.1