Name: AbbVie Inc. (NYSE:ABBV) | Balance Sheet: Assets (Quarterly)
Creator: Stock Analysis on Net

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.

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

US$ in millions

	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	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
Cash and equivalents	6,569)	9,391)	5,229)	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)
Accounts receivable, net	13,824)	12,479)	12,589)	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)
Inventories	5,127)	5,049)	4,951)	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)
Prepaid expenses and other	8,149)	6,610)	6,293)	5,203)	5,197)	5,497)	4,958)	4,606)	4,744)	4,610)	4,934)	4,544)	4,547)	4,471)	4,429)	4,617)	5,946)	6,195)	5,077)	4,400)	4,153)	3,954)
Current assets	33,669)	33,529)	29,062)	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)
Investments	266)	268)	268)	291)	310)	287)	279)	267)	272)	305)	304)	275)	288)	257)	241)	235)	244)	260)	277)	272)	266)	305)
Property and equipment, net	5,796)	5,687)	5,628)	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)
Intangible assets, net	49,139)	50,873)	52,641)	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)
Goodwill	35,519)	35,570)	35,640)	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)
Other assets	10,726)	10,536)	10,721)	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)
Long-term assets	101,446)	102,934)	104,898)	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)
Total assets	135,115)	136,463)	133,960)	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)

Total assets exhibit a gradual long-term decline, decreasing from 150,501 million US dollars in March 2021 to 135,115 million US dollars by June 2026. This overall contraction is primarily driven by the steady amortization of intangible assets, which is partially offset by growth in current assets and other non-current asset categories.

Current Asset Dynamics: Current assets demonstrate a general upward trajectory with notable volatility. A peak was observed in March 2024 at 38,871 million US dollars, followed by a contraction. Accounts receivable, net, show a consistent growth pattern, rising from 9,588 million US dollars in March 2021 to 13,824 million US dollars by June 2026, indicating an increase in credit sales or changes in collection cycles. Inventories have similarly expanded from 3,272 million US dollars to 5,127 million US dollars over the period. Cash and equivalents exhibit significant fluctuations, characterized by periodic surges and subsequent drawdowns, with a notable decline from a high of 18,067 million US dollars in March 2024 to a low of 5,175 million US dollars in March 2025, before recovering to 6,569 million US dollars by June 2026.
Non-Current Asset Trends: The composition of long-term assets is dominated by the decline in intangible assets, net, which fell from 81,293 million US dollars in March 2021 to 49,139 million US dollars in June 2026. This persistent downward trend suggests substantial amortization of acquired intellectual property. In contrast, goodwill remained relatively stable, with a slight increase from 32,349 million US dollars to 35,519 million US dollars. Property and equipment, net, showed modest growth, increasing from 5,193 million US dollars to 5,796 million US dollars. Other assets experienced the most significant proportional growth among long-term items, more than doubling from 4,792 million US dollars to 10,726 million US dollars.
Balance Sheet Structural Shift: A structural shift in the balance sheet is evident as the proportion of total assets held in intangibles decreases while the proportion held in current assets and other non-current assets increases. Long-term assets decreased from 123,932 million US dollars to 101,446 million US dollars, while current assets grew from 26,569 million US dollars to 33,669 million US dollars. This transition reflects a migration from non-physical, amortizing assets toward more liquid and operational asset bases.

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AbbVie Inc. (NYSE:ABBV)

Balance Sheet: AssetsQuarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data