JOHNSON & JOHNSON

JNJ 10-Q · Q2 2025

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Income Statement

Income Statement
Metric Q2 2025 Q2 2024 YoY
Revenue 23,743 22,447 +5.8%
Show Product Lines breakouts
ADVANCED · MEDTECH 477 466 +2.4%
ADVANCED · MEDTECH 687 675 +1.8%
ADVANCED · MEDTECH 1,164 1,141 +2.0%
CAPLYTA · Innovative Medicine 211
CAPLYTA · Innovative Medicine 211
CARVYKTI · Innovative Medicine 358 167 +114.4%
CARVYKTI · Innovative Medicine 81 20 +305.0%
CARVYKTI · Innovative Medicine 439 186 +136.0%
CONCERTA / methylphenidate · Innovative Medicine 24 34 -29.4%
CONCERTA / methylphenidate · Innovative Medicine 139 129 +7.8%
CONCERTA / methylphenidate · Innovative Medicine 164 163 +0.6%
CONTACT LENSES / OTHER · MEDTECH 429 409 +4.9%
CONTACT LENSES / OTHER · MEDTECH 536 509 +5.3%
CONTACT LENSES / OTHER · MEDTECH 965 918 +5.1%
DARZALEX · Innovative Medicine 2,017 1,641 +22.9%
DARZALEX · Innovative Medicine 1,521 1,237 +23.0%
DARZALEX · Innovative Medicine 3,539 2,878 +23.0%
EDURANT/rilpivirine · Innovative Medicine 6 8 -25.0%
EDURANT/rilpivirine · Innovative Medicine 354 288 +22.9%
EDURANT/rilpivirine · Innovative Medicine 360 297 +21.2%
ERLEADA · Innovative Medicine 378 318 +18.9%
ERLEADA · Innovative Medicine 530 418 +26.8%
ERLEADA · Innovative Medicine 908 736 +23.4%
GENERAL · MEDTECH 567 528 +7.4%
GENERAL · MEDTECH 825 818 +0.9%
GENERAL · MEDTECH 1,391 1,346 +3.3%
HIPS · MEDTECH 271 265 +2.3%
HIPS · MEDTECH 150 152 -1.3%
HIPS · MEDTECH 421 417 +1.0%
IMBRUVICA · Innovative Medicine 239 246 -2.8%
IMBRUVICA · Innovative Medicine 496 525 -5.5%
IMBRUVICA · Innovative Medicine 735 770 -4.5%
INVEGA SUSTENNA / XEPLION / INVEGA TRINZA / TREVICTA · Innovative Medicine 732 784 -6.6%
INVEGA SUSTENNA / XEPLION / INVEGA TRINZA / TREVICTA · Innovative Medicine 260 269 -3.3%
INVEGA SUSTENNA / XEPLION / INVEGA TRINZA / TREVICTA · Innovative Medicine 992 1,054 -5.9%
KNEES · MEDTECH 226 230 -1.7%
KNEES · MEDTECH 164 163 +0.6%
KNEES · MEDTECH 389 394 -1.3%
OPSUMIT/OPSYNVI · Innovative Medicine 403 376 +7.2%
OPSUMIT/OPSYNVI · Innovative Medicine 180 171 +5.3%
OPSUMIT/OPSYNVI · Innovative Medicine 582 548 +6.2%
OTHER IMMUNOLOGY · Innovative Medicine 8 2 +300.0%
OTHER IMMUNOLOGY · Innovative Medicine 0 0
OTHER IMMUNOLOGY · Innovative Medicine 8 2 +300.0%
OTHER INFECTIOUS DISEASES · Innovative Medicine 2 5 -60.0%
OTHER INFECTIOUS DISEASES · Innovative Medicine 45 227 -80.2%
OTHER INFECTIOUS DISEASES · Innovative Medicine 47 233 -79.8%
OTHER NEUROSCIENCE · Innovative Medicine 45 57 -21.1%
OTHER NEUROSCIENCE · Innovative Medicine 226 237 -4.6%
OTHER NEUROSCIENCE · Innovative Medicine 270 294 -8.2%
Other Oncology · Innovative Medicine 50 37 +35.1%
Other Oncology · Innovative Medicine 42 45 -6.7%
Other Oncology · Innovative Medicine 93 83 +12.0%
Other · Innovative Medicine 155 129 +20.2%
Other · Innovative Medicine 16 17 -5.9%
Other · Innovative Medicine 154 176 -12.5%
Other · Innovative Medicine 40 49 -18.4%
Other · Innovative Medicine 309 305 +1.3%
Other · Innovative Medicine 55 67 -17.9%
PREZISTA/PREZCOBIX/REZOLSTA/SYMTUZA · Innovative Medicine 312 321 -2.8%
PREZISTA/PREZCOBIX/REZOLSTA/SYMTUZA · Innovative Medicine 85 117 -27.4%
PREZISTA/PREZCOBIX/REZOLSTA/SYMTUZA · Innovative Medicine 396 438 -9.6%
REMICADE · Innovative Medicine 283 231 +22.5%
REMICADE · Innovative Medicine 34 35 -2.9%
REMICADE · Innovative Medicine 138 127 +8.7%
REMICADE · Innovative Medicine 455 393 +15.8%
RYBREVANT + LAZCLUZE · Innovative Medicine 139 52 +167.3%
RYBREVANT + LAZCLUZE · Innovative Medicine 41 17 +141.2%
RYBREVANT + LAZCLUZE · Innovative Medicine 179 69 +159.4%
SIMPONI / SIMPONI ARIA · Innovative Medicine 305 267 +14.2%
SIMPONI / SIMPONI ARIA · Innovative Medicine 387 270 +43.3%
SIMPONI / SIMPONI ARIA · Innovative Medicine 690 537 +28.5%
SPINE, SPORTS & OTHER · MEDTECH 422 430 -1.9%
SPINE, SPORTS & OTHER · MEDTECH 305 314 -2.9%
SPINE, SPORTS & OTHER · MEDTECH 727 743 -2.2%
SPRAVATO · Innovative Medicine 366 226 +61.9%
SPRAVATO · Innovative Medicine 50 44 +13.6%
SPRAVATO · Innovative Medicine 414 271 +52.8%
STELARA · Innovative Medicine 1,078 1,855 -41.9%
STELARA · Innovative Medicine 575 1,030 -44.2%
STELARA · Innovative Medicine 1,653 2,885 -42.7%
SURGICAL · MEDTECH 128 113 +13.3%
SURGICAL · MEDTECH 277 254 +9.1%
SURGICAL · MEDTECH 403 367 +9.8%
TALVEY · Innovative Medicine 82 59 +39.0%
TALVEY · Innovative Medicine 24 9 +166.7%
TALVEY · Innovative Medicine 106 69 +53.6%
Tecvayli · Innovative Medicine 114 104 +9.6%
Tecvayli · Innovative Medicine 52 30 +73.3%
Tecvayli · Innovative Medicine 166 135 +23.0%
TRAUMA · MEDTECH 501 498 +0.6%
TRAUMA · MEDTECH 267 260 +2.7%
TRAUMA · MEDTECH 768 759 +1.2%
TREMFYA · Innovative Medicine 796 589 +35.1%
TREMFYA · Innovative Medicine 391 317 +23.3%
TREMFYA · Innovative Medicine 1,186 906 +30.9%
UPTRAVI · Innovative Medicine 382 349 +9.5%
UPTRAVI · Innovative Medicine 94 76 +23.7%
UPTRAVI · Innovative Medicine 476 426 +11.7%
XARELTO · Innovative Medicine 621 587 +5.8%
XARELTO · Innovative Medicine 621 587 +5.8%
ZYTIGA · Innovative Medicine 6 11 -45.5%
ZYTIGA · Innovative Medicine 139 154 -9.7%
ZYTIGA · Innovative Medicine 145 165 -12.1%
Show Business Segments breakouts
Innovative Medicine 15,202 14,490 +4.9%
Innovative Medicine · Cardiovascular / Metabolism / Other 930 892 +4.3%
Innovative Medicine · Immunology 3,993 4,722 -15.4%
Innovative Medicine · Infectious Diseases 803 965 -16.8%
Innovative Medicine · Neuroscience 2,051 1,782 +15.1%
Innovative Medicine · Non Us 6,041 5,980 +1.0%
Innovative Medicine · Non Us 154 176 -12.5%
Innovative Medicine · Non Us 1,489 1,744 -14.6%
Innovative Medicine · Non Us 484 631 -23.3%
Innovative Medicine · Non Us 674 679 -0.7%
Innovative Medicine · Non Us 2,928 2,455 +19.3%
Innovative Medicine · Non Us 314 296 +6.1%
Innovative Medicine · Oncology 6,312 5,090 +24.0%
Innovative Medicine · Operating Segments 15,202 14,490 +4.9%
Innovative Medicine · Pulmonary Hypertension 1,113 1,039 +7.1%
Innovative Medicine · US 9,161 8,510 +7.6%
Innovative Medicine · US 776 717 +8.2%
Innovative Medicine · US 2,505 2,978 -15.9%
Innovative Medicine · US 320 334 -4.2%
Innovative Medicine · US 1,377 1,102 +25.0%
Innovative Medicine · US 3,385 2,636 +28.4%
Innovative Medicine · US 799 743 +7.5%
MEDTECH 8,541 7,957 +7.3%
MEDTECH · ABIOMED 448 379 +18.2%
MEDTECH · Cardiovascular [Member] 2,313 1,873 +23.5%
MEDTECH · ELECTROPHYSIOLOGY 1,468 1,323 +11.0%
MEDTECH · Non Us 4,158 3,898 +6.7%
MEDTECH · Non Us 89 72 +23.6%
MEDTECH · Non Us 948 753 +25.9%
MEDTECH · Non Us 728 618 +17.8%
MEDTECH · Non Us 885 890 -0.6%
MEDTECH · Non Us 72 64 +12.5%
MEDTECH · Non Us 58 0
MEDTECH · Non Us 1,512 1,493 +1.3%
MEDTECH · Non Us 813 763 +6.6%
MEDTECH · Operating Segments 8,541 7,957 +7.3%
MEDTECH · Orthopaedics 2,305 2,312 -0.3%
MEDTECH · Other Cardiovascular 104 93 +11.8%
MEDTECH · Shockwave 292 77 +279.2%
MEDTECH · Surgery 2,555 2,488 +2.7%
MEDTECH · US 4,383 4,059 +8.0%
MEDTECH · US 360 309 +16.5%
MEDTECH · US 1,364 1,119 +21.9%
MEDTECH · US 741 705 +5.1%
MEDTECH · US 1,420 1,422 -0.1%
MEDTECH · US 31 29 +6.9%
MEDTECH · US 233 77 +202.6%
MEDTECH · US 1,043 995 +4.8%
MEDTECH · US 557 523 +6.5%
MEDTECH · Vision 1,369 1,285 +6.5%
Show Geography breakouts
Asia-Pacific, Africa 3,606 3,452 +4.5%
Europe 5,387 5,214 +3.3%
Non Us 10,199 9,878 +3.2%
US 13,544 12,569 +7.8%
Western Hemisphere, excluding U.S. 1,206 1,212 -0.5%
Sales Revenue Goods Net Percent To Sales 100 100 0.0%
Cost of Revenue 7,628 6,869 +11.0%
Show Business Segments breakouts
Innovative Medicine · Operating Segments 3,978 3,603 +10.4%
MEDTECH · Operating Segments 3,638 3,248 +12.0%
Cost Of Goods Sold Percent To Sales 32.1 30.6 +4.9%
Gross Profit 16,115 15,578 +3.4%
Gross Profit Percent To Sales 67.9 69.4 -2.2%
Selling, General & Administrative 5,889 5,681 +3.7%
Show Business Segments breakouts
Innovative Medicine · Operating Segments 2,789 2,665 +4.7%
MEDTECH · Operating Segments 2,862 2,671 +7.2%
Selling General And Administrative Expense Percent To Sales 24.8 25.3 -2.0%
Research And Development Expense Excluding Acquired In Process Cost 3,516 3,440 +2.2%
Show Business Segments breakouts
Innovative Medicine · Operating Segments 2,869 2,722 +5.4%
MEDTECH · Operating Segments 647 718 -9.9%
Research And Development Expense Excluding Acquired In Process Cost Percent To Sales 14.8 15.3 -3.3%
Interest Income -260 -395 +34.2%
Investment Income Interest Percent To Sales -1.1 -1.8 +38.9%
Interest Expense 308 270 +14.1%
Interest Expense Percent To Sales 1.3 1.2 +8.3%
Other Non-Operating Income (Expense) 107 653 -83.6%
Show Business Segments breakouts
Innovative Medicine · Operating Segments -14 -41 +65.9%
MEDTECH · Operating Segments -190 -231 +17.7%
Other Non Operating Income Expense Percent To Sales 0.5 2.9 -82.8%
Restructuring Charges 64 -13 +592.3%
Show Business Segments breakouts
MEDTECH 0.1 0.1 0.0%
MedTech Surgery Franchise · Operating Segments 29
MEDTECH · Costs of Goods and Services Sold 15 2 +650.0%
MEDTECH · Operating Segments 50 52 -3.8%
MEDTECH · Restructuring Charges 35 50 -30.0%
Show Consolidation Items breakouts
Operating Segments 79 -11 +818.2%
Show Restructuring Plan breakouts
MedTech Surgery Franchise 29
Restructuringchargepercenttosales 0.3 0
Income Before Taxes 6,491 5,748 +12.9%
Show Business Segments breakouts
Innovative Medicine · Operating Segments 5,552 5,459 +1.7%
MEDTECH · Operating Segments 1,204 1,089 +10.6%
Show Consolidation Items breakouts
Operating Segments 6,756 6,548 +3.2%
Income Loss From Continuing Operations Before Income Taxes Noncontrolling Interest Percent To Sales 27.3 25.6 +6.6%
Income Tax Expense (Benefit) 954 1,062 -10.2%
Income Tax Expense Benefit Percent To Sales 4 4.7 -14.9%
Income Loss From Continuing Operations Net Of Tax Attributable To Parent Percent Of Sales 23.3 20.9 +11.5%
Net Income 5,537 4,686 +18.2%
Show Equity Components breakouts
Retained Earnings 5,537 4,686 +18.2%
EPS (Basic) 2.3 1.95 +17.9%
EPS (Diluted) 2.29 1.93 +18.7%
Wtd Avg Shares (Basic) 2,406.3 2,406.8 -0.0%
Wtd Avg Shares (Diluted) 2,419.1 2,422 -0.1%
Comprehensive Income 2,972 4,201 -29.3%
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax 25 75 -66.7%

Balance Sheet

Balance Sheet
Metric Q2 2025 Q2 2024 YoY
Current Assets
Cash & Cash Equivalents 18,577 24,878 -25.3%
Show Information By Category Of Debt Security breakouts
Availableforsale Securities 1,791 6,243 -71.3%
Availableforsale Securities · Corporate Debt Securities 38 61 -37.7%
Availableforsale Securities · Sovereign Debt Securities 94
Availableforsale Securities · US Treasury And Government 1,659 6,182 -73.2%
Heldtomaturity Securities 16,786 18,635 -9.9%
Heldtomaturity Securities · Bank Time Deposits 863 859 +0.5%
Heldtomaturity Securities · Cash 3,246 4,247 -23.6%
Heldtomaturity Securities · Money Market Funds 4,637 4,883 -5.0%
Heldtomaturity Securities · Securities Loaned Or Sold Under Agreements To Repurchase 8,040 8,496 -5.4%
Marketable Securities (Current) 303 597 -49.2%
Show Information By Category Of Debt Security breakouts
Availableforsale Securities 303 597 -49.2%
Availableforsale Securities · Corporate Debt Securities 190 181 +5.0%
Availableforsale Securities · Sovereign Debt Securities 99 2 +4850.0%
Availableforsale Securities · US Treasury And Government 14 403 -96.5%
Accounts Receivable 17,846 15,794 +13.0%
Inventory 13,412 12,169 +10.2%
Prepaid Expenses & Other Current Assets 4,360 4,379 -0.4%
Total Current Assets 54,498 57,817 -5.7%
Non-Current Assets
Property, Plant & Equipment 21,949 19,748 +11.1%
Goodwill 48,117
Show Business Segments breakouts
Innovative Medicine 14,326
MEDTECH 33,791
Deferred Tax Assets 6,801 9,004 -24.5%
Other Non-Current Assets 12,189 10,544 +15.6%
Show Fair Value By Asset Class breakouts
Equity Securities · Equity Investments with readily determinable value 453 470 -3.6%
Equity Securities · Equity Investments without readily determinable value 823 673 +22.3%
Total Assets 193,389
Show Business Segments breakouts
General Corporate · Corporate Non Segment 31,157
Innovative Medicine · Operating Segments 75,487
MEDTECH · Operating Segments 86,745
Segments Total 162,232
Intangible Assets (Q)
Show Finite Lived Intangible Assets By Major Class breakouts
Other Intangible Assets 7,423 7,158 +3.7%
Patents And Trademarks 22,516 18,603 +21.0%
Marketable Securities (Non-Current) (Q)
Show Fair Value By Asset Class breakouts
Equity Securities · Equity Investments with readily determinable value 453 470 -3.6%
Other Assets
Property Plant And Equipment Gross 52,472 48,035 +9.2%
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment -30,523 -28,287 -7.9%
Intangible Assets Net Excluding Goodwill 49,835 39,725 +25.4%
Current Liabilities
Short Term Borrowings 11,526 9,855 +17.0%
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 11,526 9,855 +17.0%
Estimate Of Fair Value Fair Value Disclosure 11,495 9,835 +16.9%
Show Short Term Debt Type breakouts
Commercial Paper 8.5 8.5 0.0%
Accounts Payable 9,464 8,848 +7.0%
Accrued Liabilities 7,404 10,539 -29.7%
Accrued Rebates Returns And Promotions 20,823 17,539 +18.7%
Employee Related Liabilities Current 3,298 2,843 +16.0%
Accrued Income Taxes Current 1,665 4,309 -61.4%
Total Current Liabilities 54,180 53,933 +0.5%
Non-Current Liabilities
Long-Term Debt 39,235 31,636 +24.0%
Show Debt Instrument breakouts
0.95% Notes due 2027 · Carrying Reported Amount Fair Value Disclosure 1,478 1,430 +3.4%
0.95% Notes due 2027 · Estimate Of Fair Value Fair Value Disclosure 1,410 1,334 +5.7%
1.150% Notes due 2028 (750MM Euro 1.1704) · Carrying Reported Amount Fair Value Disclosure 881 801 +10.0%
1.150% Notes due 2028 (750MM Euro 1.1704) · Estimate Of Fair Value Fair Value Disclosure 843 744 +13.3%
1.30% Notes due 2030 · Carrying Reported Amount Fair Value Disclosure 1,676 1,626 +3.1%
1.30% Notes due 2030 · Estimate Of Fair Value Fair Value Disclosure 1,521 1,445 +5.3%
1.650% Notes due 2035 (1.5B Euro 1.1704) · Carrying Reported Amount Fair Value Disclosure 1,756 1,597 +10.0%
1.650% Notes due 2035 (1.5B Euro 1.1704) · Estimate Of Fair Value Fair Value Disclosure 1,528 1,384 +10.4%
2.10% Notes due 2040 · Carrying Reported Amount Fair Value Disclosure 885 836 +5.9%
2.10% Notes due 2040 · Estimate Of Fair Value Fair Value Disclosure 684 670 +2.1%
2.25% Notes due 2050 · Carrying Reported Amount Fair Value Disclosure 851 807 +5.5%
2.25% Notes due 2050 · Estimate Of Fair Value Fair Value Disclosure 580 593 -2.2%
2.45% Notes due 2060 · Carrying Reported Amount Fair Value Disclosure 1,102 1,055 +4.5%
2.45% Notes due 2060 · Estimate Of Fair Value Fair Value Disclosure 694 707 -1.8%
2.700% Notes Due February 2029 · Carrying Reported Amount Fair Value Disclosure 706
2.700% Notes Due February 2029 · Estimate Of Fair Value Fair Value Disclosure 708
2.90% Notes due 2028 · Carrying Reported Amount Fair Value Disclosure 1,498 1,497 +0.1%
2.90% Notes due 2028 · Estimate Of Fair Value Fair Value Disclosure 1,460 1,418 +3.0%
2.95% Notes due 2027 · Carrying Reported Amount Fair Value Disclosure 950 902 +5.3%
2.95% Notes due 2027 · Estimate Of Fair Value Fair Value Disclosure 984 955 +3.0%
3.050% Notes Due February 2033 · Carrying Reported Amount Fair Value Disclosure 822
3.050% Notes Due February 2033 · Estimate Of Fair Value Fair Value Disclosure 822
3.20% Notes due 2032 (700MM Euro 1.0721) · Carrying Reported Amount Fair Value Disclosure 821 747 +9.9%
3.20% Notes due 2032 (700MM Euro 1.0721) · Estimate Of Fair Value Fair Value Disclosure 834 750 +11.2%
3.35% Notes Due 2036 (800MM Euro 1.0721) · Carrying Reported Amount Fair Value Disclosure 937 852 +10.0%
3.35% Notes Due 2036 (800MM Euro 1.0721) · Estimate Of Fair Value Fair Value Disclosure 939 853 +10.1%
3.350% Notes Due February 2037 · Carrying Reported Amount Fair Value Disclosure 1,175
3.350% Notes Due February 2037 · Estimate Of Fair Value Fair Value Disclosure 1,160
3.40% Notes due 2038 · Carrying Reported Amount Fair Value Disclosure 993 993 0.0%
3.40% Notes due 2038 · Estimate Of Fair Value Fair Value Disclosure 857 839 +2.1%
3.50% Notes due 2048 · Carrying Reported Amount Fair Value Disclosure 744 743 +0.1%
3.50% Notes due 2048 · Estimate Of Fair Value Fair Value Disclosure 567 579 -2.1%
3.55% Notes Due 2044 (1.0B Euro 1.0721) · Carrying Reported Amount Fair Value Disclosure 1,103 1,062 +3.9%
3.55% Notes Due 2044 (1.0B Euro 1.0721) · Estimate Of Fair Value Fair Value Disclosure 1,135 1,062 +6.9%
3.587% Notes due 2036 · Carrying Reported Amount Fair Value Disclosure 905 855 +5.8%
3.587% Notes due 2036 · Estimate Of Fair Value Fair Value Disclosure 902 876 +3.0%
3.600% Notes Due February 2045 · Carrying Reported Amount Fair Value Disclosure 819
3.600% Notes Due February 2045 · Estimate Of Fair Value Fair Value Disclosure 792
3.625% Notes due 2037 · Carrying Reported Amount Fair Value Disclosure 1,396 1,346 +3.7%
3.625% Notes due 2037 · Estimate Of Fair Value Fair Value Disclosure 1,334 1,310 +1.8%
3.700% Notes Due February 2055 · Carrying Reported Amount Fair Value Disclosure 1,172
3.700% Notes Due February 2055 · Estimate Of Fair Value Fair Value Disclosure 1,118
3.73% Notes due 2046 · Carrying Reported Amount Fair Value Disclosure 1,979 1,978 +0.1%
3.73% Notes due 2046 · Estimate Of Fair Value Fair Value Disclosure 1,592 1,609 -1.1%
3.75% Notes due 2047 · Carrying Reported Amount Fair Value Disclosure 863 816 +5.8%
3.75% Notes due 2047 · Estimate Of Fair Value Fair Value Disclosure 798 805 -0.9%
4.375% Notes due 2033 · Carrying Reported Amount Fair Value Disclosure 853 854 -0.1%
4.375% Notes due 2033 · Estimate Of Fair Value Fair Value Disclosure 847 835 +1.4%
4.50% Notes due 2027 · Carrying Reported Amount Fair Value Disclosure 749
4.50% Notes due 2027 · Estimate Of Fair Value Fair Value Disclosure 757
4.50% Notes due 2040 · Carrying Reported Amount Fair Value Disclosure 542 541 +0.2%
4.50% Notes due 2040 · Estimate Of Fair Value Fair Value Disclosure 523 521 +0.4%
4.50% Notes due 2043 · Carrying Reported Amount Fair Value Disclosure 496 496 0.0%
4.50% Notes due 2043 · Estimate Of Fair Value Fair Value Disclosure 459 470 -2.3%
4.55% Notes Due 2029 · Carrying Reported Amount Fair Value Disclosure 748
4.55% Notes Due 2029 · Estimate Of Fair Value Fair Value Disclosure 762
4.70% Notes due 2030 · Carrying Reported Amount Fair Value Disclosure 995
4.70% Notes due 2030 · Estimate Of Fair Value Fair Value Disclosure 1,022
4.80% Notes due 2029 · Carrying Reported Amount Fair Value Disclosure 1,146 1,145 +0.1%
4.80% Notes due 2029 · Estimate Of Fair Value Fair Value Disclosure 1,181 1,161 +1.7%
4.85% Notes Due 2032 · Carrying Reported Amount Fair Value Disclosure 1,242
4.85% Notes Due 2032 · Estimate Of Fair Value Fair Value Disclosure 1,281
4.85% Notes due 2041 · Carrying Reported Amount Fair Value Disclosure 298 297 +0.3%
4.85% Notes due 2041 · Estimate Of Fair Value Fair Value Disclosure 291 293 -0.7%
4.90% Notes due 2031 · Carrying Reported Amount Fair Value Disclosure 1,146 1,145 +0.1%
4.90% Notes due 2031 · Estimate Of Fair Value Fair Value Disclosure 1,189 1,161 +2.4%
4.95% Notes due 2033 · Carrying Reported Amount Fair Value Disclosure 499 499 0.0%
4.95% Notes due 2033 · Estimate Of Fair Value Fair Value Disclosure 517 513 +0.8%
4.95% Notes due 2034 · Carrying Reported Amount Fair Value Disclosure 847 846 +0.1%
4.95% Notes due 2034 · Estimate Of Fair Value Fair Value Disclosure 880 860 +2.3%
5.00% Notes due 2035 · Carrying Reported Amount Fair Value Disclosure 1,244
5.00% Notes due 2035 · Estimate Of Fair Value Fair Value Disclosure 1,282
5.25% Notes due 2054 · Carrying Reported Amount Fair Value Disclosure 843 843 0.0%
5.25% Notes due 2054 · Estimate Of Fair Value Fair Value Disclosure 837 854 -2.0%
5.85% Notes due 2038 · Carrying Reported Amount Fair Value Disclosure 697 697 0.0%
5.85% Notes due 2038 · Estimate Of Fair Value Fair Value Disclosure 761 756 +0.7%
5.95% Notes due 2037 · Carrying Reported Amount Fair Value Disclosure 994 994 0.0%
5.95% Notes due 2037 · Estimate Of Fair Value Fair Value Disclosure 1,103 1,089 +1.3%
6.95% Notes due 2029 · Carrying Reported Amount Fair Value Disclosure 299 298 +0.3%
6.95% Notes due 2029 · Estimate Of Fair Value Fair Value Disclosure 334 332 +0.6%
Other · Carrying Reported Amount Fair Value Disclosure 85 67 +26.9%
Other · Estimate Of Fair Value Fair Value Disclosure 88 67 +31.3%
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 39,235 31,636 +24.0%
Estimate Of Fair Value Fair Value Disclosure 37,376 29,716 +25.8%
Deferred Tax Liabilities 3,799 2,635 +44.2%
Employee Related Liabilities Current And Noncurrent 7,021 6,919 +1.5%
Accrued Income Taxes Noncurrent 418 341 +22.6%
Other Non-Current Liabilities 10,263 14,086 -27.1%
Total Liabilities 114,916 109,550 +4.9%
Stockholders' Equity
Common Stock 3,120 3,120 0.0%
Accumulated Other Comprehensive Income -14,305 -11,253 -27.1%
Retained Earnings 165,371 155,360 +6.4%
Treasury Stock Common Value 75,713 75,689 0.0%
Total Stockholders' Equity 78,473 71,538 +9.7%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 78,473 71,538 +9.7%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment -1,466 -1,939 +24.4%
Accumulated Gain Loss Net Cash Flow Hedge Parent -659 -899 +26.7%
Accumulated Net Unrealized Investment Gain Loss 0 0
Accumulated Other Comprehensive Income -14,305 -11,253 -27.1%
Accumulated Translation Adjustment -12,180 -8,415 -44.7%
Common Stock 3,120 3,120 0.0%
Retained Earnings 165,371 155,360 +6.4%
Treasury Stock Common -75,713 -75,689 -0.0%
Total Liabilities & Equity 193,389 181,088 +6.8%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q2 2025 YTD Q2 2024 YoY
Operating Activities
Depreciation & Amortization 3,715 3,597 +3.3%
Show Business Segments breakouts
General Corporate · Corporate Non Segment 112 184 -39.1%
Innovative Medicine · Operating Segments 1,925 1,861 +3.4%
MEDTECH · Operating Segments 1,678 1,552 +8.1%
Segments Total 3,603 3,413 +5.6%
Stock-Based Compensation 698 643 +8.6%
Asset Impairment Charges 30 379 -92.1%
In Process Research And Development Charge 92
Gain Loss On Sales Of Assets And Asset Impairment Charges -74 -223 +66.8%
Deferred Income Taxes 2,997 -2,257 +232.8%
Provision For Doubtful Accounts 3
Change in Accounts Receivable -2,283 -1,163 -96.3%
Change in Inventory -656 -739 +11.2%
Increase Decrease In Accounts Payable And Accrued Liabilities -886 449 -297.3%
Increase Decrease In Other Operating Assets -6,194 3,731 -266.0%
Increase Decrease In Other Operating Liabilities -5,926 -3,068 -93.2%
Net Cash from Operations 8,052 9,290 -13.3%
Investing Activities
Capital Expenditures -1,838 -1,783 -3.1%
Proceeds From Sale Of Productive Assets 332 573 -42.1%
Payments To Acquire Businesses Net Of Cash Acquired -14,458 -14,807 +2.4%
Payments To Acquire In Process Research And Development Assets -369
Payments To Acquire Investments -431 -1,184 +63.6%
Proceeds From Sale Maturity And Collections Of Investments 953 1,706 -44.1%
Proceeds Payments From To Credit Support Agreements Investing Activities -2,684 1,430 -287.7%
Other Investing Activities -66 -86 +23.3%
Net Cash from Investing -18,561 -14,151 -31.2%
Financing Activities
Payments Of Ordinary Dividends -6,118 -5,854 -4.5%
Share Repurchases -2,127 -1,611 -32.0%
Proceeds From Short Term Debt 9,349 13,976 -33.1%
Repayments Of Short Term Debt -5,058 -3,915 -29.2%
Proceeds From Issuance Of Long Term Debt 9,138 6,659 +37.2%
Repayments Of Senior Debt -754 -803 +6.1%
Proceeds From Exercise Of Stock Options And Excess Tax Benefits 557 290 +92.1%
Proceeds Payments From To Credit Support Agreements Financing Activities -271 281 -196.4%
Proceeds From Payments For Other Financing Activities 41 37 +10.8%
Net Cash from Financing 4,757 8,090 -41.2%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 224 -210 +206.7%
Net Change in Cash -5,528 3,019 -283.1%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 18,577 24,878 -25.3%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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