Stock Analysis on Net

Abbott Laboratories (NYSE:ABT) 

Balance Sheet: Liabilities and Stockholders’ Equity

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.

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.

Abbott Laboratories, consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Short-term borrowings 213
Trade accounts payable 4,195 4,295 4,607 4,408 3,946
Salaries, wages and commissions 1,701 1,597 1,556 1,625 1,416
Accrued rebates payable to government agencies 621 650 638 364 316
Accrued other rebates 1,098 1,091 1,087 1,082 805
All other 3,424 3,681 4,120 3,735 4,044
Other accrued liabilities 5,143 5,422 5,845 5,181 5,165
Dividends payable 1,024 955 887 831 798
Income taxes payable 594 492 343 306 362
Current portion of long-term debt 1,500 1,080 2,251 754 7
Current liabilities 14,157 13,841 15,489 13,105 11,907
Long-term debt, excluding current portion 12,625 13,599 14,522 17,296 18,527
Defined benefit pension plans and post-employment medical and dental plans for significant plans 1,880 1,964 1,784 2,738 3,119
Deferred income taxes 512 568 991 1,392 1,406
Operating lease liability, non-current 896 949 943 956 902
All other 3,443 3,466 3,804 3,685 3,684
Post-employment obligations and other long-term liabilities 6,731 6,947 7,522 8,771 9,111
Long-term liabilities 19,356 20,546 22,044 26,067 27,638
Total liabilities 33,513 34,387 37,533 39,172 39,545
Preferred shares, one dollar par value, none issued
Common shares, without par value 25,153 24,869 24,709 24,470 24,145
Common shares held in treasury, at cost (16,844) (15,981) (15,229) (11,822) (10,042)
Earnings employed in the business 47,261 37,554 35,257 31,528 27,627
Accumulated other comprehensive loss (7,906) (7,839) (8,051) (8,374) (8,946)
Total Abbott shareholders’ investment 47,664 38,603 36,686 35,802 32,784
Noncontrolling interests in subsidiaries 237 224 219 222 219
Total shareholders’ investment 47,901 38,827 36,905 36,024 33,003
Total liabilities and shareholders’ investment 81,414 73,214 74,438 75,196 72,548

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

Balance sheet 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. Abbott Laboratories current liabilities decreased from 2022 to 2023 but then slightly increased from 2023 to 2024.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Abbott Laboratories long-term liabilities decreased from 2022 to 2023 and from 2023 to 2024.
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. Abbott Laboratories total liabilities decreased from 2022 to 2023 and from 2023 to 2024.
Total Abbott shareholders’ investment 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 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. Abbott Laboratories total Abbott shareholders’ investment increased from 2022 to 2023 and from 2023 to 2024.