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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 6,838 $ 3,860
Investments, primarily bank time deposits and U.S. treasury bills 310 280
Trade receivables, less allowances of - 2020: $460; 2019: $384 6,414 5,425
Inventories:    
Finished products 3,030 2,784
Work in process 712 560
Materials 1,270 972
Total inventories 5,012 4,316
Other prepaid expenses and receivables 1,867 1,786
Total current assets 20,441 15,667
Investments 821 883
Property and equipment, at cost:    
Land 538 519
Buildings 4,014 3,702
Equipment 12,884 11,468
Construction in progress 1,357 1,110
Property and equipment, at cost 18,793 16,799
Less: accumulated depreciation and amortization 9,764 8,761
Net property and equipment 9,029 8,038
Intangible assets, net of amortization 14,784 17,025
Goodwill 23,744 23,195
Deferred income taxes and other assets 3,729 3,079
Total Assets 72,548 67,887
Current liabilities:    
Short-term borrowings 213 201
Trade accounts payable 3,946 3,252
Salaries, wages and commissions 1,416 1,237
Other accrued liabilities 5,165 4,035
Dividends payable 798 635
Income taxes payable 362 226
Current portion of long-term debt 7 1,277
Total current liabilities 11,907 10,863
Long-term debt 18,527 16,661
Post-employment obligations and other long-term liabilities 9,111 9,062
Commitments and Contingencies
Shareholders' Investment:    
Preferred shares, one dollar par value Authorized - 1,000,000 shares, none issued
Common shares, without par value Authorized - 2,400,000,000 shares Issued at stated capital amount - Shares: 2020: 1,981,156,896; 2019: 1,976,855,085 24,145 23,853
Common shares held in treasury, at cost - Shares: 2020: 209,926,622; 2019: 214,351,838 (10,042) (10,147)
Earnings employed in the business 27,627 25,847
Accumulated other comprehensive income (loss) (8,946) (8,465)
Total Abbott Shareholders' Investment 32,784 31,088
Noncontrolling interests in subsidiaries 219 213
Total Shareholders' Investment 33,003 31,301
Total Liabilities and Shareholders' Investment $ 72,548 $ 67,887