Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

AbbVie Inc., consolidated balance sheet: assets (quarterly data)

US$ in millions

	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Cash and equivalents	5,629)	6,467)	5,175)	5,524)	7,257)	13,130)	18,067)	12,814)	13,287)	8,759)	6,711)	9,201)	11,832)	8,521)	6,098)	9,746)	12,182)	8,546)	9,755)	8,449)	7,890)	6,017)	41,142)
Short-term investments	42)	—)	1)	31)	28)	27)	2)	2)	3)	7)	11)	28)	47)	1,440)	1,474)	84)	67)	54)	22)	30)	60)	23)	—)
Accounts receivable, net	12,769)	12,637)	12,477)	10,919)	11,472)	11,724)	11,949)	11,155)	11,412)	11,491)	11,473)	11,254)	10,743)	11,237)	10,733)	9,977)	9,281)	9,914)	9,588)	8,822)	8,416)	8,354)	6,362)
Inventories	4,938)	4,960)	4,526)	4,181)	4,450)	4,218)	4,245)	4,099)	3,981)	4,055)	3,833)	3,579)	3,172)	3,396)	3,483)	3,128)	3,094)	3,386)	3,272)	3,310)	3,474)	4,059)	1,844)
Prepaid expenses and other	5,161)	5,197)	5,496)	4,927)	4,578)	4,717)	4,608)	4,932)	4,541)	4,540)	4,460)	4,401)	4,570)	4,506)	4,721)	4,993)	4,333)	4,099)	3,932)	3,562)	3,169)	2,803)	2,410)
Current assets	28,539)	29,261)	27,675)	25,582)	27,785)	33,816)	38,871)	33,002)	33,224)	28,852)	26,488)	28,463)	30,364)	29,100)	26,509)	27,928)	28,957)	25,999)	26,569)	24,173)	23,009)	21,256)	51,758)
Investments	291)	310)	287)	279)	267)	272)	305)	304)	275)	288)	257)	241)	235)	244)	260)	277)	272)	266)	305)	293)	246)	225)	78)
Property and equipment, net	5,483)	5,283)	5,237)	5,134)	5,141)	5,023)	4,980)	4,989)	4,934)	4,943)	4,931)	4,935)	4,893)	4,958)	5,075)	5,110)	5,130)	5,161)	5,193)	5,248)	4,986)	4,908)	2,961)
Intangible assets, net	54,315)	57,031)	58,489)	60,068)	66,646)	60,243)	62,225)	55,610)	58,603)	62,862)	64,848)	67,439)	68,725)	71,823)	73,986)	75,951)	77,456)	79,340)	81,293)	82,876)	74,643)	76,463)	18,203)
Goodwill	35,626)	35,638)	35,285)	34,956)	35,295)	33,386)	33,426)	32,293)	32,091)	32,224)	32,220)	32,156)	31,726)	32,028)	32,298)	32,379)	32,296)	32,398)	32,349)	33,124)	42,801)	42,669)	15,561)
Other assets	9,644)	9,659)	9,192)	9,142)	8,288)	9,197)	9,067)	8,513)	7,094)	6,198)	5,800)	5,571)	5,382)	5,033)	5,083)	4,884)	4,747)	4,808)	4,792)	4,851)	3,936)	4,009)	2,638)
Long-term assets	105,359)	107,921)	108,490)	109,579)	115,637)	108,121)	110,003)	101,709)	102,997)	106,515)	108,056)	110,342)	110,961)	114,086)	116,702)	118,601)	119,901)	121,973)	123,932)	126,392)	126,612)	128,274)	39,441)
Total assets	133,898)	137,182)	136,165)	135,161)	143,422)	141,937)	148,874)	134,711)	136,221)	135,367)	134,544)	138,805)	141,325)	143,186)	143,211)	146,529)	148,858)	147,972)	150,501)	150,565)	149,621)	149,530)	91,199)

The analysis of the quarterly financial data reveals several key trends and fluctuations across various asset categories over the examined periods.

Cash and equivalents: The cash and equivalents balance exhibited significant volatility, initially declining sharply from a peak and subsequently fluctuating within a moderate range. Notably, there were two distinct peaks—one early in the timeline and another more recent—in some quarters approaching nearly double the amounts seen in preceding periods.
Short-term investments: This category experienced erratic changes, including periods with virtually no recorded amounts interspersed with sharp increases, particularly notable around early 2022. The inconsistent presence suggests varying short-term allocation strategies or liquidity adjustments.
Accounts receivable, net: Accounts receivable showed a general upward trend with modest fluctuations. This stability indicates consistent sales or services rendered on credit, with a slight decline noticed in some recent quarters but overall maintained near a high level by the end of the period reviewed.
Inventories: Inventory levels rose substantially in the earlier timeframe, followed by a period of minor fluctuations and gradual increases. The progression suggests strategic stockpiling or response to anticipated demand changes, stabilizing at somewhat higher levels towards the end.
Prepaid expenses and other current assets: Prepaid expenses increased steadily throughout the periods, with only slight variability. This consistent growth may reflect advance payments or contractual obligations expanding with the business scale.
Current assets (aggregate): Current assets overall declined sharply early on, then showed consistent recovery and growth, highlighting improved liquidity and operational resource availability in later quarters. The trajectory indicates active management of liquid assets across the periods.
Investments: Investments remained relatively stable with minor fluctuations, indicating a conservative or steady investment policy, with small periodic adjustments that did not significantly affect the overall asset structure.
Property and equipment, net: Property and equipment values demonstrated modest growth with minor intermittent declines, reflecting ongoing capital expenditures balanced by depreciation or disposals. The net increase suggests sustained investment in fixed assets.
Intangible assets, net: Intangible assets showed a long-term declining trend, with periodic decreases over quarters. This trend might indicate amortization of intangible assets, impairment losses, or decreased valuation over time.
Goodwill: Goodwill values were relatively stable with minor fluctuations, maintaining a significant portion of total long-term assets. The stability implies no material impairments or acquisitions substantially affecting goodwill during the periods.
Other assets: Other assets increased steadily over time, indicating either accumulation of miscellaneous long-term assets or enhanced capitalization of non-specified asset items. A notable rise in later periods suggests growing investments or asset reclassifications.
Long-term assets (aggregate): Long-term assets exhibited an initial significant increase, followed by a gradual decline with intermittent rises, reflecting a mix of investment, depreciation, and potential asset disposals or impairments. The overall trajectory shows a substantial asset base maintained with some variability.
Total assets: Total assets peaked early in the timeline, then fluctuated downward with some rebounds, indicating active asset management and possible divestitures or impairments counterbalanced by reinvestments. The modest decline towards the end of the data series suggests a stabilization after earlier adjustments.

Assets: Selected Items

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Current Assets: Selected Items

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AbbVie Inc. (NYSE:ABBV)

Balance Sheet: AssetsQuarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data