Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current Assets
Cash and cash equivalents (Note 7)	$ 2,067.0	$ 3,818.5
Short-term investments (Note 7)	144.8	90.1
Accounts receivable, net of allowances of $16.0 (2022) and $22.5 (2021)	6,896.0	6,672.8
Other receivables	1,662.9	1,454.4
Inventories (Note 6)	4,309.7	3,886.0
Prepaid expenses and other current assets	2,954.1	2,530.6
Total current assets	18,034.5	18,452.4
Investments (Note 7)	2,901.8	3,212.6
Goodwill (Note 8)	4,073.0	3,892.0
Other intangibles, net (Note 8)	7,206.6	7,691.9
Deferred tax assets (Note 14)	2,792.9	2,489.3
Property and equipment, net (Note 9)	10,144.0	8,985.1
Other noncurrent assets	4,337.0	4,082.7
Total assets	49,489.8	48,806.0
Current Liabilities
Short-term borrowings and current maturities of long-term debt (Note 11)	1,501.1	1,538.3
Accounts payable	1,930.6	1,670.6
Employee compensation	1,059.8	958.1
Sales rebates and discounts	8,784.1	6,845.8
Dividends payable	1,017.2	885.5
Income taxes payable (Note 14)	475.1	126.9
Other current liabilities	2,370.3	3,027.5
Total current liabilities	17,138.2	15,052.7
Other Liabilities
Long-term debt (Note 11)	14,737.5	15,346.4
Accrued retirement benefits (Note 15)	1,305.1	1,954.1
Long-term income taxes payable (Note 14)	3,709.6	3,920.0
Deferred tax liabilities (Note 14)	87.3	1,733.7
Other noncurrent liabilities	1,736.7	1,644.3
Total other liabilities	21,576.2	24,598.5
Commitments and Contingencies (Note 16)
Eli Lilly and Company Shareholders' Equity (Notes 12 and 13)
Common stock—no par value Authorized shares: 3,200,000 Issued shares: 950,632 (2022) and 954,116 (2021)	594.1	596.3
Additional paid-in capital	6,921.4	6,833.4
Retained earnings	10,042.6	8,958.5
Employee benefit trust	(3,013.2)	(3,013.2)
Accumulated other comprehensive loss (Note 17)	(3,844.6)	(4,343.1)
Cost of common stock in treasury	(50.5)	(52.7)
Total Eli Lilly and Company shareholders' equity	10,649.8	8,979.2
Noncontrolling interests	125.6	175.6
Total equity	10,775.4	9,154.8
Total liabilities and equity	$ 49,489.8	$ 48,806.0