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Equity (Tables)
9 Months Ended
Sep. 30, 2025
Stockholders' Equity Note [Abstract]  
Summary of share-based compensation expense
Stock-based compensation expense is principally related to awards issued pursuant to the AbbVie 2013 Incentive Stock Program and the AbbVie Amended and Restated 2013 Incentive Stock Program and is summarized as follows:
Three months ended
September 30,
Nine months ended
September 30,
(in millions)2025202420252024
Cost of products sold$10 $12 $43 $44 
Research and development76 67 315 274 
Selling, general and administrative123 102 440 429 
Pre-tax compensation expense209 181 798 747 
Tax benefit(35)(33)(139)(127)
After-tax compensation expense$174 $148 $659 $620 
Cash Settled Stock Based Compensation in Connection with Acquisitions
In addition to stock-based compensation expense included in the table above and in connection with the 2025 acquisition of Capstan and the 2024 acquisitions of ImmunoGen and Cerevel Therapeutics, AbbVie incurred cash-settled, post-closing expense for employee incentive awards related to these transactions, which is summarized in the table below:
Three months ended
September 30,
Nine months ended
September 30,
(in millions)2025202420252024
Cost of products sold$— $$— $36 
Research and development
285828184
Selling, general and administrative679867290
Total post-closing cash settled expense
$95 $161 $95 $510 
Summary of quarterly cash dividends
The following table summarizes quarterly cash dividends declared during 2025 and 2024:
20252024
Date DeclaredPayment Date
Dividend Per Share
Date Declared
Payment Date
Dividend Per Share
10/31/2502/17/26$1.73 10/30/2402/14/25$1.64 
09/05/2511/14/25$1.64 09/06/2411/15/24$1.55 
06/20/2508/15/25$1.64 06/21/2408/15/24$1.55 
02/13/2505/15/25$1.64 02/15/2405/15/24$1.55 
Summary of changes in balances of each component of accumulated other comprehensive loss
The following table summarizes the changes in each component of accumulated other comprehensive loss, net of tax, for the nine months ended September 30, 2025:
(in millions)Foreign currency
translation adjustments
Net investment
hedging activities
Pension 
and post-employment
benefits
Cash flow hedging
activities
Total
Balance as of December 31, 2024$(2,114)$549 $(664)$304 $(1,925)
Other comprehensive income (loss) before reclassifications1,489 (885)(105)502 
Net losses (gains) reclassified from accumulated other comprehensive loss— (85)(68)(151)
Net current-period other comprehensive income (loss)1,489 (970)(173)351 
Balance as of September 30, 2025$(625)$(421)$(659)$131 $(1,574)
The following table summarizes the changes in each component of accumulated other comprehensive loss, net of tax, for the nine months ended September 30, 2024:
(in millions)Foreign currency
translation adjustments
Net investment
hedging activities
Pension 
and post-employment
benefits
Cash flow hedging
activities
Total
Balance as of December 31, 2023$(1,106)$65 $(1,488)$224 $(2,305)
Other comprehensive income (loss) before reclassifications21 31 (4)20 68 
Net losses (gains) reclassified from accumulated other comprehensive loss— (70)19 (46)(97)
Net current-period other comprehensive income (loss)21 (39)15 (26)(29)
Balance as of September 30, 2024$(1,085)$26 $(1,473)$198 $(2,334)
Schedule of the significant amounts reclassified out of each component of accumulated other comprehensive loss
The following table presents the impact on AbbVie’s condensed consolidated statements of earnings for significant amounts reclassified out of each component of accumulated other comprehensive loss:
Three months ended
September 30,
Nine months ended
September 30,
(in millions) (brackets denote gains)2025202420252024
Net investment hedging activities
Gains on derivative amount excluded from effectiveness testing(a)
$(37)$(32)$(108)$(90)
Tax expense23 20 
Total reclassifications, net of tax$(29)$(25)$(85)$(70)
Pension and post-employment benefits
Amortization of actuarial losses and other(b)
$$$$25 
Tax benefit(1)(2)(2)(6)
Total reclassifications, net of tax$$$$19 
Cash flow hedging activities
Gains on foreign currency forward exchange contracts(c)
$(41)$(19)$(69)$(41)
Other(a)
(5)(6)(15)(18)
Tax expense
16 13 
Total reclassifications, net of tax$(38)$(20)$(68)$(46)
(a) Amounts are included in interest expense, net (see Note 8).
(b) Amounts are included in the computation of net periodic benefit cost (see Note 9).
(c) Amounts are included in cost of products sold (see Note 8).