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Below are the financial statements of Merck & Co Inc, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
Below are the financial statements of Merck & Co Inc, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of USD | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Current assets | — | — |
| Cash and cash equivalents | 13.24a | 6.84a |
| Short-term investments | 0.45a | 0.25a |
| Accounts receivable (net of allowance for doubtful accounts of $89 in 2024 and $88 in 2023) | 10.28a | 10.35a |
| Inventories (excludes inventories of $4,193 in 2024 and $3,348 in 2023 classified in other assets) | 6.11a | 6.36a |
| Other current assets | 8.71a | 8.37a |
| Total current assets | 38.78a | 32.17a |
| Investments | 0.46a | 0.25a |
| Property, plant and equipment (at cost) | — | — |
| Land | 0.31a | 0.33a |
| Buildings | 16.36a | 14.97a |
| Machinery, equipment and office furnishings | 18.28a | 17.76a |
| Construction in progress | 7.98a | 8.26a |
| Less: accumulated depreciation | 19.16a | 18.27a |
| Goodwill | 21.67a | 21.2a |
| Other intangibles, net | 16.37a | 18.01a |
| Other assets | 16.04a | 12a |
| Liabilities and equity | — | — |
| Current liabilities | — | — |
| Loans payable and current portion of long-term debt | 2.65a | 1.37a |
| Trade accounts payable | 4.08a | 3.92a |
| Accrued and other current liabilities | 15.69a | 15.77a |
| Income taxes payable | 3.91a | 2.65a |
| Dividends payable | 2.08a | 1.99a |
| Total current liabilities | 28.42a | 25.69a |
| Long-term debt | 34.46a | 33.68a |
| Deferred income taxes | 1.39a | 0.87a |
| Other noncurrent liabilities | 6.47a | 8.79a |
| Merck & Co., Inc. stockholders’ equity | — | — |
| Common stock | 1.79a | 1.79a |
| Other paid-in capital | 44.7a | 44.51a |
| Retained earnings | 63.07a | 53.9a |
| Accumulated other comprehensive loss | -4.95a | -5.16a |
| Less treasury stock, at cost | 58.3a | 57.45a |
| Total Merck & Co., Inc. stockholders’ equity | 46.31a | 37.58a |
| Noncontrolling interests | 0.06a | 0.05a |
| Total equity | 46.37a | 37.64a |
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