Stock Analysis on Net

Abbott Laboratories (NYSE:ABT)

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.

Abbott Laboratories, consolidated balance sheet: assets (quarterly data)

US$ in millions

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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 cash equivalents 6,803 8,522 7,511 6,951 6,532 7,616 7,558 6,987 6,284 6,896 6,709 7,835 9,161 9,882 9,594 8,937 7,675 9,799 9,302 8,658 8,054
Short-term investments 492 417 222 331 312 351 230 232 367 383 338 320 371 288 313 353 483 450 390 286 318
Trade receivables, less allowances 8,210 7,929 8,138 7,972 7,327 6,925 7,051 6,854 6,605 6,565 6,499 6,172 6,020 6,218 6,408 7,199 7,179 6,487 6,405 6,113 6,096
Finished products 4,274 3,976 4,130 4,319 4,063 3,700 4,173 4,060 4,063 3,946 3,847 4,004 3,944 3,805 3,407 3,570 3,470 3,081 3,048 3,118 3,219
Work in process 994 904 961 962 890 840 877 880 881 807 888 845 805 680 726 710 695 694 710 796 773
Materials 1,721 1,608 1,617 1,673 1,686 1,654 1,763 1,874 1,883 1,817 1,915 2,022 1,924 1,688 1,601 1,619 1,526 1,382 1,503 1,525 1,395
Inventories 6,989 6,488 6,708 6,954 6,639 6,194 6,813 6,814 6,827 6,570 6,650 6,871 6,673 6,173 5,734 5,899 5,691 5,157 5,261 5,439 5,387
Prepaid expenses and other receivables 3,014 2,640 2,260 2,260 2,343 2,570 2,150 2,232 2,293 2,256 2,468 2,307 2,152 2,663 2,796 2,568 2,401 2,346 2,134 2,131 1,962
Current assets 25,508 25,996 24,839 24,468 23,153 23,656 23,802 23,119 22,376 22,670 22,664 23,505 24,377 25,224 24,845 24,956 23,429 24,239 23,492 22,627 21,817
Investments 1,090 918 951 958 907 886 912 877 818 799 788 799 776 766 764 734 763 816 812 805 832
Property and equipment, at cost 25,737 25,222 24,816 24,472 23,418 22,740 22,857 22,061 22,055 21,933 21,111 20,926 20,605 20,212 19,306 19,458 19,521 19,364 19,182 19,074 18,697
Accumulated depreciation and amortization (13,360) (13,406) (13,312) (13,077) (12,486) (12,082) (12,236) (11,828) (11,948) (11,779) (11,559) (11,477) (11,323) (11,050) (10,617) (10,640) (10,613) (10,405) (10,351) (10,258) (9,865)
Net property and equipment 12,377 11,816 11,504 11,395 10,932 10,658 10,621 10,233 10,107 10,154 9,552 9,449 9,282 9,162 8,689 8,818 8,908 8,959 8,831 8,816 8,832
Intangible assets, net of amortization 17,875 5,526 5,598 5,920 6,261 6,647 7,352 7,827 8,296 8,815 9,282 9,834 10,006 10,454 10,850 11,592 12,225 12,739 13,312 13,681 14,181
Goodwill 35,221 24,035 23,971 23,952 23,359 23,108 23,658 23,308 23,383 23,679 23,277 23,258 22,927 22,799 22,284 22,744 23,179 23,231 23,299 23,485 23,384
Deferred income taxes and other assets 18,358 18,422 17,318 17,306 16,836 16,459 8,011 7,653 7,487 7,097 6,527 6,509 6,426 6,033 5,369 5,358 5,503 5,212 4,049 3,855 3,739
Long-term assets 84,921 60,717 59,342 59,531 58,295 57,758 50,554 49,898 50,091 50,544 49,426 49,849 49,417 49,214 47,956 49,246 50,578 50,957 50,303 50,642 50,968
Total assets 110,429 86,713 84,181 83,999 81,448 81,414 74,356 73,017 72,467 73,214 72,090 73,354 73,794 74,438 72,801 74,202 74,007 75,196 73,795 73,269 72,785

Based on: 10-Q (reporting date: 2026-03-31), 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31).


Total assets remained relatively stable between March 2021 and September 2024, generally oscillating between 72 billion and 75 billion US dollars. A significant expansion is observed beginning in December 2024, with total assets rising to 81.4 billion US dollars and eventually surging to 110.4 billion US dollars by March 2026. This growth is primarily attributable to substantial increases in long-term assets during the latter part of the period.

Current Asset Trends
Cash and cash equivalents exhibited volatility, peaking at 9.88 billion US dollars in December 2022 before declining to a period low of 6.28 billion US dollars in March 2024, followed by a recovery toward 8.5 billion US dollars by late 2025. Trade receivables demonstrate a consistent long-term upward trajectory, increasing from 6.1 billion US dollars in March 2021 to 8.2 billion US dollars by March 2026. Inventories similarly trended upward, growing from 5.4 billion US dollars in 2021 to 7.0 billion US dollars by March 2026, with finished products and materials contributing the most to this growth.
Fixed and Long-Term Asset Evolution
Net property and equipment grew steadily from 8.8 billion US dollars in March 2021 to 12.4 billion US dollars in March 2026, indicating sustained capital investment in infrastructure. Intangible assets, net of amortization, showed a persistent downward trend for several years, falling from 14.2 billion US dollars in March 2021 to 5.5 billion US dollars by December 2025, reflecting the systematic amortization of existing assets.
Strategic Asset Spikes and Acquisitions
A dramatic shift in the asset structure occurred in the final quarter of the analyzed period. Goodwill increased from 24.0 billion US dollars in December 2025 to 35.2 billion US dollars in March 2026. In the same period, intangible assets surged from 5.5 billion US dollars to 17.9 billion US dollars. Additionally, deferred income taxes and other assets saw a significant leap starting in December 2024, rising from 8.0 billion US dollars to over 16 billion US dollars. These concurrent spikes in goodwill and intangibles strongly indicate a major strategic acquisition completed in the first quarter of 2026.

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Assets: Selected Items


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