CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions		Apr. 04, 2021	Dec. 31, 2020
Assets
Cash and cash equivalents		$ 1,768	$ 1,784
Short-term investments		11,899	10,437
Trade accounts receivable, less allowance for doubtful accounts: 2021—$512; 2020—$508		9,864	7,930
Inventories	[1]	8,493	8,046
Current tax assets		3,419	3,264
Other current assets		4,091	3,605
Total current assets		39,533	35,067
Equity-method investments		16,532	16,856
Long-term investments		3,696	3,406
Property, plant and equipment, less accumulated depreciation: 2021—$15,105; 2020—$14,812		14,011	13,900
Identifiable intangible assets	[2]	27,974	28,471
Goodwill		49,791	49,577
Noncurrent deferred tax assets and other noncurrent tax assets		2,537	2,383
Other noncurrent assets		4,744	4,569
Total assets		158,818	154,229
Liabilities and Equity
Short-term borrowings, including current portion of long-term debt: 2021—$3,676; 2020—$2,002		4,352	2,703
Trade accounts payable		4,064	4,309
Dividends payable		0	2,162
Income taxes payable		1,401	1,049
Accrued compensation and related items		1,985	3,058
Deferred revenues		2,052	1,113
Other current liabilities		12,798	11,527
Total current liabilities		26,652	25,920
Long-term debt		35,347	37,133
Pension benefit obligations		4,526	4,766
Postretirement benefit obligations		635	645
Noncurrent deferred tax liabilities		4,355	4,063
Other taxes payable		11,759	11,560
Other noncurrent liabilities		6,677	6,669
Total liabilities		89,953	90,756
Commitments and Contingencies
Common stock		472	470
Additional paid-in capital		89,002	88,674
Treasury stock		(111,349)	(110,988)
Retained earnings		95,158	90,392
Accumulated other comprehensive loss		(4,664)	(5,310)
Total Pfizer Inc. shareholders’ equity		68,620	63,238
Equity attributable to noncontrolling interests		245	235
Total equity		68,865	63,473
Total liabilities and equity		$ 158,818	$ 154,229

[1] The change from December 31, 2020 reflects increases for certain products, including inventory build for new product launches and market demand, and an increase due to foreign exchange.

[2] The decrease is primarily due to amortization, partially offset by the capitalization of the BNT162b2 milestone payments described above.