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

	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	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	—)	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	12,637)	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	4,960)	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	5,197)	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	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	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	5,283)	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	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	35,638)	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	9,659)	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	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	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)

Cash and equivalents: The cash and equivalents balance exhibits significant volatility over the observed periods. It starts at a high of 41,142 million USD in March 2020, sharply declining to around 6,000 to 9,000 million USD for most ensuing quarters. Subsequently, there is a notable increase beginning in early 2024, peaking at 18,067 million USD in March 2024, before trending downward again to approximately 5,000 to 6,000 million USD towards mid-2025.
Short-term investments: Short-term investments remain relatively low with minor fluctuations, starting at negligible levels and showing a brief rise to just over 1,000 million USD in early 2022. Thereafter, amounts diminish to single or double digit millions, indicating limited reliance on this asset class through most quarters.
Accounts receivable, net: Accounts receivable display a steady upward trend, growing from approximately 6,300 million USD in March 2020 to surpass 12,600 million USD by mid-2025. This consistent growth suggests expanding sales activity or extended credit terms over time.
Inventories: Inventories fluctuate modestly, initially increasing sharply from 1,844 million USD to roughly 4,000 million USD by mid-2020, then stabilizing between 3,000 and 4,500 million USD. A gradual uptrend is apparent in recent quarters reaching nearly 5,000 million USD in mid-2025, indicative of increased stock levels.
Prepaid expenses and other current assets: Prepaid expenses and other assets increase steadily from 2,410 million USD at the start to a peak near 5,500 million USD by mid-2025. The growth pattern is relatively smooth, reflecting ongoing investment in prepaid or miscellaneous current asset accounts.
Current assets: Total current assets display volatility with a notable drop from over 51,000 million USD in March 2020 to levels around 21,000-26,000 million USD by late 2020 and early 2021. Afterwards, these assets experience a recovery phase with values fluctuating around 25,000 to 39,000 million USD, reaching a peak in early 2024 before moderate decline.
Investments: Investments balance remains fairly stable, ranging between approximately 200 and 310 million USD throughout the timeframe, indicating little strategic alteration in long-term investment holdings.
Property and equipment, net: The net property and equipment value remains relatively constant, fluctuating narrowly around 4,900 to 5,200 million USD with no clear increasing or decreasing trend, demonstrating stable capital asset levels.
Intangible assets, net: Intangible assets show a marked decline from a high of around 76,000 million USD in mid-2020 to about 57,000 million USD by mid-2025. This progressive decrease suggests amortization or write-downs affecting intangible asset valuations over the period.
Goodwill: Goodwill remains relatively stable, hovering between 31,000 and 35,000 million USD. Minor fluctuations occur, but no sustained increase or decrease is evident, implying consistent acquisition or impairment activity over time.
Other assets: Other assets increase steadily from 2,600 million USD in early 2020 to nearly 9,700 million USD in mid-2025. This considerable rise indicates growth in miscellaneous or specialized asset categories.
Long-term assets: Long-term assets decline significantly from a peak of approximately 128,000 million USD in mid-2020 to about 108,000 million USD near mid-2025. The downward trend, despite some fluctuations, reflects reductions in long-term holdings, possibly driven by amortization, disposals, or impairment.
Total assets: Total assets reach a maximum near 150,000 million USD in late 2020 and early 2021, then experience a gradual decreasing trend to approximately 134,000 million USD by early 2023. The last two years show relative stabilization with minor fluctuations, concluding near 137,000 million USD by mid-2025.

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AbbVie Inc. (NYSE:ABBV)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data