AbbVie Inc. (ABBV)

Statement of Financial Position, Liabilities and Stockholders' Equity
Quarterly Data

Difficulty: Beginner

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

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

AbbVie Inc., Consolidated Statement of Financial Position, Liabilities and Stockholders' Equity (quarterly data)

USD $ in millions

		Sep 30, 2018		Jun 30, 2018		Mar 31, 2018		Dec 31, 2017		Sep 30, 2017		Jun 30, 2017		Mar 31, 2017		Dec 31, 2016		Sep 30, 2016		Jun 30, 2016		Mar 31, 2016		Dec 31, 2015		Sep 30, 2015		Jun 30, 2015		Mar 31, 2015		Dec 31, 2014		Sep 30, 2014		Jun 30, 2014		Mar 31, 2014		Dec 31, 2013		Sep 30, 2013		Jun 30, 2013		Mar 31, 2013
	Short-term borrowings
	Current portion of long-term debt and lease obligations
	Accounts payable and accrued liabilities
	Current liabilities
	Long-term debt and lease obligations, excluding current portion
	Deferred income taxes
	Other long-term liabilities
	Noncurrent liabilities
	Total liabilities
	Common stock, $0.01 par value
	Common stock held in treasury, at cost
	Additional paid-in-capital
	Retained earnings
	Accumulated other comprehensive loss
	Stockholders' equity (deficit)
	Total liabilities and equity (deficit)

Item	Description	The company
Current liabilities	Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.	AbbVie Inc.'s current liabilities increased from Q1 2018 to Q2 2018 but then declined significantly from Q2 2018 to Q3 2018.
Noncurrent liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	AbbVie Inc.'s noncurrent liabilities declined from Q1 2018 to Q2 2018 but then increased from Q2 2018 to Q3 2018 exceeding Q1 2018 level.
Total liabilities	Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.	AbbVie Inc.'s total liabilities declined from Q1 2018 to Q2 2018 but then increased from Q2 2018 to Q3 2018 exceeding Q1 2018 level.
Stockholders' equity (deficit)	Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.	AbbVie Inc.'s stockholders' equity (deficit) declined from Q1 2018 to Q2 2018 but then slightly increased from Q2 2018 to Q3 2018.

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Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality

AbbVie Inc. (ABBV)

Statement of Financial Position, Liabilities and Stockholders' EquityQuarterly Data

Statement of Financial Position, Liabilities and Stockholders' Equity
Quarterly Data