JOHNSON & JOHNSON

JNJ 10-Q · Q3 2025

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Income Statement

Income Statement
Metric Q3 2025 Q3 2024 YoY
Revenue 23,993 22,471 +6.8%
Show Product Lines breakouts
ADVANCED · MEDTECH 477 448 +6.5%
ADVANCED · MEDTECH 688 661 +4.1%
ADVANCED · MEDTECH 1,165 1,109 +5.0%
CAPLYTA · Innovative Medicine 240
CAPLYTA · Innovative Medicine 240
CARVYKTI · Innovative Medicine 396 258 +53.5%
CARVYKTI · Innovative Medicine 128 27 +374.1%
CARVYKTI · Innovative Medicine 524 286 +83.2%
CONCERTA / methylphenidate · Innovative Medicine 14 26 -46.2%
CONCERTA / methylphenidate · Innovative Medicine 127 117 +8.5%
CONCERTA / methylphenidate · Innovative Medicine 140 142 -1.4%
CONTACT LENSES / OTHER · MEDTECH 456 441 +3.4%
CONTACT LENSES / OTHER · MEDTECH 562 527 +6.6%
CONTACT LENSES / OTHER · MEDTECH 1,018 968 +5.2%
DARZALEX · Innovative Medicine 2,088 1,684 +24.0%
DARZALEX · Innovative Medicine 1,584 1,332 +18.9%
DARZALEX · Innovative Medicine 3,672 3,016 +21.8%
EDURANT/rilpivirine · Innovative Medicine 7 8 -12.5%
EDURANT/rilpivirine · Innovative Medicine 378 323 +17.0%
EDURANT/rilpivirine · Innovative Medicine 385 330 +16.7%
ERLEADA · Innovative Medicine 378 337 +12.2%
ERLEADA · Innovative Medicine 558 453 +23.2%
ERLEADA · Innovative Medicine 936 790 +18.5%
GENERAL · MEDTECH 555 535 +3.7%
GENERAL · MEDTECH 823 791 +4.0%
GENERAL · MEDTECH 1,378 1,325 +4.0%
HIPS · MEDTECH 262 250 +4.8%
HIPS · MEDTECH 144 131 +9.9%
HIPS · MEDTECH 405 381 +6.3%
IMBRUVICA · Innovative Medicine 211 259 -18.5%
IMBRUVICA · Innovative Medicine 483 494 -2.2%
IMBRUVICA · Innovative Medicine 695 753 -7.7%
INVEGA SUSTENNA / XEPLION / INVEGA TRINZA / TREVICTA · Innovative Medicine 664 780 -14.9%
INVEGA SUSTENNA / XEPLION / INVEGA TRINZA / TREVICTA · Innovative Medicine 267 269 -0.7%
INVEGA SUSTENNA / XEPLION / INVEGA TRINZA / TREVICTA · Innovative Medicine 929 1,049 -11.4%
KNEES · MEDTECH 216 212 +1.9%
KNEES · MEDTECH 160 140 +14.3%
KNEES · MEDTECH 377 352 +7.1%
OPSUMIT/OPSYNVI · Innovative Medicine 409 417 -1.9%
OPSUMIT/OPSYNVI · Innovative Medicine 168 166 +1.2%
OPSUMIT/OPSYNVI · Innovative Medicine 578 583 -0.9%
OTHER IMMUNOLOGY · Innovative Medicine 12 1 +1100.0%
OTHER IMMUNOLOGY · Innovative Medicine 0 0
OTHER IMMUNOLOGY · Innovative Medicine 12 1 +1100.0%
OTHER INFECTIOUS DISEASES · Innovative Medicine 4 3 +33.3%
OTHER INFECTIOUS DISEASES · Innovative Medicine 42 54 -22.2%
OTHER INFECTIOUS DISEASES · Innovative Medicine 47 56 -16.1%
OTHER NEUROSCIENCE · Innovative Medicine 46 46 0.0%
OTHER NEUROSCIENCE · Innovative Medicine 210 235 -10.6%
OTHER NEUROSCIENCE · Innovative Medicine 256 281 -8.9%
Other Oncology · Innovative Medicine 56 36 +55.6%
Other Oncology · Innovative Medicine 39 50 -22.0%
Other Oncology · Innovative Medicine 94 86 +9.3%
Other · Innovative Medicine 115 121 -5.0%
Other · Innovative Medicine 13 21 -38.1%
Other · Innovative Medicine 149 170 -12.4%
Other · Innovative Medicine 39 39 0.0%
Other · Innovative Medicine 264 292 -9.6%
Other · Innovative Medicine 53 60 -11.7%
PREZISTA/PREZCOBIX/REZOLSTA/SYMTUZA · Innovative Medicine 315 355 -11.3%
PREZISTA/PREZCOBIX/REZOLSTA/SYMTUZA · Innovative Medicine 81 94 -13.8%
PREZISTA/PREZCOBIX/REZOLSTA/SYMTUZA · Innovative Medicine 397 449 -11.6%
REMICADE · Innovative Medicine 326 281 +16.0%
REMICADE · Innovative Medicine 19 27 -29.6%
REMICADE · Innovative Medicine 132 112 +17.9%
REMICADE · Innovative Medicine 476 419 +13.6%
RYBREVANT + LAZCLUZE · Innovative Medicine 136 68 +100.0%
RYBREVANT + LAZCLUZE · Innovative Medicine 61 21 +190.5%
RYBREVANT + LAZCLUZE · Innovative Medicine 198 89 +122.5%
SIMPONI / SIMPONI ARIA · Innovative Medicine 309 299 +3.3%
SIMPONI / SIMPONI ARIA · Innovative Medicine 377 218 +72.9%
SIMPONI / SIMPONI ARIA · Innovative Medicine 687 516 +33.1%
SPINE, SPORTS & OTHER · MEDTECH 406 400 +1.5%
SPINE, SPORTS & OTHER · MEDTECH 293 296 -1.0%
SPINE, SPORTS & OTHER · MEDTECH 698 696 +0.3%
SPRAVATO · Innovative Medicine 405 243 +66.7%
SPRAVATO · Innovative Medicine 53 42 +26.2%
SPRAVATO · Innovative Medicine 459 284 +61.6%
STELARA · Innovative Medicine 1,022 1,770 -42.3%
STELARA · Innovative Medicine 549 906 -39.4%
STELARA · Innovative Medicine 1,570 2,676 -41.3%
SURGICAL · MEDTECH 116 108 +7.4%
SURGICAL · MEDTECH 266 225 +18.2%
SURGICAL · MEDTECH 383 333 +15.0%
TALVEY · Innovative Medicine 85 64 +32.8%
TALVEY · Innovative Medicine 37 12 +208.3%
TALVEY · Innovative Medicine 122 75 +62.7%
Tecvayli · Innovative Medicine 115 105 +9.5%
Tecvayli · Innovative Medicine 62 30 +106.7%
Tecvayli · Innovative Medicine 177 135 +31.1%
TRAUMA · MEDTECH 512 497 +3.0%
TRAUMA · MEDTECH 281 265 +6.0%
TRAUMA · MEDTECH 793 761 +4.2%
TREMFYA · Innovative Medicine 989 691 +43.1%
TREMFYA · Innovative Medicine 434 316 +37.3%
TREMFYA · Innovative Medicine 1,424 1,007 +41.4%
UPTRAVI · Innovative Medicine 392 379 +3.4%
UPTRAVI · Innovative Medicine 92 80 +15.0%
UPTRAVI · Innovative Medicine 484 458 +5.7%
XARELTO · Innovative Medicine 635 592 +7.3%
XARELTO · Innovative Medicine 635 592 +7.3%
ZYTIGA · Innovative Medicine 5 5 0.0%
ZYTIGA · Innovative Medicine 108 144 -25.0%
ZYTIGA · Innovative Medicine 113 150 -24.7%
Show Business Segments breakouts
Innovative Medicine 15,563 14,580 +6.7%
Innovative Medicine · Cardiovascular / Metabolism / Other 899 884 +1.7%
Innovative Medicine · Immunology 4,168 4,621 -9.8%
Innovative Medicine · Infectious Diseases 829 836 -0.8%
Innovative Medicine · Neuroscience 2,024 1,755 +15.3%
Innovative Medicine · Non Us 6,161 5,709 +7.9%
Innovative Medicine · Non Us 149 170 -12.4%
Innovative Medicine · Non Us 1,493 1,552 -3.8%
Innovative Medicine · Non Us 501 471 +6.4%
Innovative Medicine · Non Us 658 662 -0.6%
Innovative Medicine · Non Us 3,060 2,565 +19.3%
Innovative Medicine · Non Us 300 287 +4.5%
Innovative Medicine · Oncology 6,529 5,380 +21.4%
Innovative Medicine · Operating Segments 15,563 14,580 +6.7%
Innovative Medicine · Pulmonary Hypertension 1,115 1,102 +1.2%
Innovative Medicine · US 9,402 8,871 +6.0%
Innovative Medicine · US 750 713 +5.2%
Innovative Medicine · US 2,676 3,068 -12.8%
Innovative Medicine · US 326 365 -10.7%
Innovative Medicine · US 1,367 1,094 +25.0%
Innovative Medicine · US 3,468 2,816 +23.2%
Innovative Medicine · US 815 815 0.0%
MEDTECH 8,430 7,891 +6.8%
MEDTECH · ABIOMED 423 362 +16.9%
MEDTECH · Cardiovascular [Member] 2,213 1,966 +12.6%
MEDTECH · ELECTROPHYSIOLOGY 1,418 1,279 +10.9%
MEDTECH · Non Us 4,124 3,853 +7.0%
MEDTECH · Non Us 86 68 +26.5%
MEDTECH · Non Us 908 819 +10.9%
MEDTECH · Non Us 698 619 +12.8%
MEDTECH · Non Us 878 832 +5.5%
MEDTECH · Non Us 65 66 -1.5%
MEDTECH · Non Us 59 66 -10.6%
MEDTECH · Non Us 1,511 1,451 +4.1%
MEDTECH · Non Us 828 751 +10.3%
MEDTECH · Operating Segments 8,430 7,891 +6.8%
MEDTECH · Orthopaedics 2,274 2,191 +3.8%
MEDTECH · Other Cardiovascular 95 96 -1.0%
MEDTECH · Shockwave 278 229 +21.4%
MEDTECH · Surgery 2,542 2,434 +4.4%
MEDTECH · US 4,306 4,038 +6.6%
MEDTECH · US 336 293 +14.7%
MEDTECH · US 1,306 1,148 +13.8%
MEDTECH · US 720 660 +9.1%
MEDTECH · US 1,396 1,359 +2.7%
MEDTECH · US 30 30 0.0%
MEDTECH · US 220 163 +35.0%
MEDTECH · US 1,031 983 +4.9%
MEDTECH · US 571 549 +4.0%
MEDTECH · Vision 1,400 1,300 +7.7%
Show Geography breakouts
Asia-Pacific, Africa 3,614 3,475 +4.0%
Europe 5,440 4,914 +10.7%
Non Us 10,285 9,562 +7.6%
US 13,708 12,909 +6.2%
Western Hemisphere, excluding U.S. 1,231 1,173 +4.9%
Sales Revenue Goods Net Percent To Sales 100 100 0.0%
Cost of Revenue 7,303 6,963 +4.9%
Show Business Segments breakouts
Innovative Medicine · Operating Segments 3,672 3,549 +3.5%
MEDTECH · Operating Segments 3,612 3,381 +6.8%
Cost Of Goods Sold Percent To Sales 30.4 31 -1.9%
Gross Profit 16,690 15,508 +7.6%
Gross Profit Percent To Sales 69.6 69 +0.9%
Selling, General & Administrative 5,922 5,478 +8.1%
Show Business Segments breakouts
Innovative Medicine · Operating Segments 2,869 2,491 +15.2%
MEDTECH · Operating Segments 2,801 2,723 +2.9%
Selling General And Administrative Expense Percent To Sales 24.7 24.3 +1.6%
Research And Development Expense Excluding Acquired In Process Cost 3,672 4,952 -25.8%
Show Business Segments breakouts
Innovative Medicine · Operating Segments 2,944 4,213 -30.1%
MEDTECH · Operating Segments 728 739 -1.5%
Research And Development Expense Excluding Acquired In Process Cost Percent To Sales 15.3 22 -30.5%
Interest Income -227 -292 +22.3%
Investment Income Interest Percent To Sales -0.9 -1.3 +30.8%
Interest Expense 245 193 +26.9%
Interest Expense Percent To Sales 1 0.9 +11.1%
Other Non-Operating Income (Expense) -478 1,798 -126.6%
Show Business Segments breakouts
Innovative Medicine · Operating Segments 368 155 +137.4%
MEDTECH · Operating Segments -2 11 -118.2%
Other Non Operating Income Expense Percent To Sales -2 8 -125.0%
Restructuring Charges 63 41 +53.7%
Show Business Segments breakouts
MEDTECH 0.2
MedTech Surgery Franchise · Costs of Goods and Services Sold 93
MedTech Surgery Franchise · Operating Segments 128
MedTech Surgery Franchise · Restructuring Charges 35
MEDTECH · Costs of Goods and Services Sold 12 6 +100.0%
MEDTECH · Operating Segments 40 28 +42.9%
MEDTECH · Restructuring Charges 28 22 +27.3%
Show Consolidation Items breakouts
Operating Segments 168 47 +257.4%
Restructuringchargepercenttosales 0.3 0.2 +50.0%
Income Before Taxes 7,493 3,338 +124.5%
Show Business Segments breakouts
Innovative Medicine · Operating Segments 6,446 4,482 +43.8%
MEDTECH · Operating Segments 1,287 1,059 +21.5%
Show Consolidation Items breakouts
Operating Segments 7,733 5,541 +39.6%
Income Loss From Continuing Operations Before Income Taxes Noncontrolling Interest Percent To Sales 31.2 14.9 +109.4%
Income Tax Expense (Benefit) 2,341 644 +263.5%
Income Tax Expense Benefit Percent To Sales 9.7 2.9 +234.5%
Income Loss From Continuing Operations Net Of Tax Attributable To Parent Percent Of Sales 21.5 12 +79.2%
Net Income 5,152 2,694 +91.2%
Show Equity Components breakouts
Retained Earnings 5,152 2,694 +91.2%
EPS (Basic) 2.14 1.12 +91.1%
EPS (Diluted) 2.12 1.11 +91.0%
Wtd Avg Shares (Basic) 2,408.3 2,407.2 0.0%
Wtd Avg Shares (Diluted) 2,428.6 2,427.9 0.0%
Comprehensive Income 4,220 1,425 +196.1%
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax 434 405 +7.2%

Balance Sheet

Balance Sheet
Metric Q3 2025 Q3 2024 YoY
Current Assets
Cash & Cash Equivalents 18,231 19,980 -8.8%
Show Information By Category Of Debt Security breakouts
Availableforsale Securities 3,494 3,619 -3.5%
Availableforsale Securities · Corporate Debt Securities 39 38 +2.6%
Availableforsale Securities · Sovereign Debt Securities 101
Availableforsale Securities · US Treasury And Government 3,354 3,581 -6.3%
Heldtomaturity Securities 14,737 16,361 -9.9%
Heldtomaturity Securities · Bank Time Deposits 879 1,183 -25.7%
Heldtomaturity Securities · Cash 3,097 3,328 -6.9%
Heldtomaturity Securities · Money Market Funds 5,298 4,848 +9.3%
Heldtomaturity Securities · Securities Loaned Or Sold Under Agreements To Repurchase 5,463 6,853 -20.3%
Marketable Securities (Current) 331 317 +4.4%
Show Information By Category Of Debt Security breakouts
Availableforsale Securities 331 199 +66.3%
Availableforsale Securities · Corporate Debt Securities 192 176 +9.1%
Availableforsale Securities · Sovereign Debt Securities 125 2 +6150.0%
Availableforsale Securities · US Treasury And Government 14 15 -6.7%
Accounts Receivable 17,611 16,174 +8.9%
Inventory 14,146 12,603 +12.2%
Prepaid Expenses & Other Current Assets 4,292 4,175 +2.8%
Total Current Assets 54,611 53,249 +2.6%
Non-Current Assets
Property, Plant & Equipment 22,338 20,479 +9.1%
Goodwill 48,048
Show Business Segments breakouts
Innovative Medicine 14,268
MEDTECH 33,780
Deferred Tax Assets 6,666 9,349 -28.7%
Other Non-Current Assets 12,416 10,921 +13.7%
Show Fair Value By Asset Class breakouts
Equity Securities · Equity Investments with readily determinable value 573 505 +13.5%
Equity Securities · Equity Investments without readily determinable value 879 772 +13.9%
Total Assets 192,816
Show Business Segments breakouts
General Corporate · Corporate Non Segment 31,892
Innovative Medicine · Operating Segments 74,422
MEDTECH · Operating Segments 86,502
Segments Total 160,924
Intangible Assets (Q)
Show Finite Lived Intangible Assets By Major Class breakouts
Other Intangible Assets 6,469 7,209 -10.3%
Patents And Trademarks 22,687 18,227 +24.5%
Marketable Securities (Non-Current) (Q)
Show Fair Value By Asset Class breakouts
Equity Securities · Equity Investments with readily determinable value 573 505 +13.5%
Other Assets
Property Plant And Equipment Gross 53,375 49,274 +8.3%
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment -31,037 -28,795 -7.8%
Intangible Assets Net Excluding Goodwill 48,737 39,490 +23.4%
Current Liabilities
Short Term Borrowings 6,387 4,462 +43.1%
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 6,387 4,462 +43.1%
Estimate Of Fair Value Fair Value Disclosure 6,373 4,429 +43.9%
Show Short Term Debt Type breakouts
Commercial Paper 4.4 2 +120.0%
Accounts Payable 9,625 8,954 +7.5%
Accrued Liabilities 7,601 11,450 -33.6%
Accrued Rebates Returns And Promotions 21,356 18,439 +15.8%
Employee Related Liabilities Current 3,972 3,620 +9.7%
Accrued Income Taxes Current 1,928 4,834 -60.1%
Total Current Liabilities 50,869 51,759 -1.7%
Non-Current Liabilities
Long-Term Debt 39,408 31,289 +25.9%
Show Debt Instrument breakouts
0.95% Notes due 2027 · Carrying Reported Amount Fair Value Disclosure 1,498 1,463 +2.4%
0.95% Notes due 2027 · Estimate Of Fair Value Fair Value Disclosure 1,426 1,389 +2.7%
1.150% Notes due 2028 (750MM Euro 1.1704) · Carrying Reported Amount Fair Value Disclosure 875 832 +5.2%
1.150% Notes due 2028 (750MM Euro 1.1704) · Estimate Of Fair Value Fair Value Disclosure 848 797 +6.4%
1.30% Notes due 2030 · Carrying Reported Amount Fair Value Disclosure 1,694 1,671 +1.4%
1.30% Notes due 2030 · Estimate Of Fair Value Fair Value Disclosure 1,546 1,522 +1.6%
1.650% Notes due 2035 (1.5B Euro 1.1704) · Carrying Reported Amount Fair Value Disclosure 1,745 1,660 +5.1%
1.650% Notes due 2035 (1.5B Euro 1.1704) · Estimate Of Fair Value Fair Value Disclosure 1,525 1,492 +2.2%
2.10% Notes due 2040 · Carrying Reported Amount Fair Value Disclosure 903 885 +2.0%
2.10% Notes due 2040 · Estimate Of Fair Value Fair Value Disclosure 703 726 -3.2%
2.25% Notes due 2050 · Carrying Reported Amount Fair Value Disclosure 870 859 +1.3%
2.25% Notes due 2050 · Estimate Of Fair Value Fair Value Disclosure 602 648 -7.1%
2.45% Notes due 2060 · Carrying Reported Amount Fair Value Disclosure 1,120 1,107 +1.2%
2.45% Notes due 2060 · Estimate Of Fair Value Fair Value Disclosure 709 782 -9.3%
2.700% Notes Due February 2029 · Carrying Reported Amount Fair Value Disclosure 701
2.700% Notes Due February 2029 · Estimate Of Fair Value Fair Value Disclosure 707
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 1,473 1,465 +0.5%
2.95% Notes due 2027 · Carrying Reported Amount Fair Value Disclosure 969 943 +2.8%
2.95% Notes due 2027 · Estimate Of Fair Value Fair Value Disclosure 989 984 +0.5%
3.050% Notes Due February 2033 · Carrying Reported Amount Fair Value Disclosure 817
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 816 776 +5.2%
3.20% Notes due 2032 (700MM Euro 1.0721) · Estimate Of Fair Value Fair Value Disclosure 832 805 +3.4%
3.35% Notes Due 2036 (800MM Euro 1.0721) · Carrying Reported Amount Fair Value Disclosure 931 886 +5.1%
3.35% Notes Due 2036 (800MM Euro 1.0721) · Estimate Of Fair Value Fair Value Disclosure 933 914 +2.1%
3.350% Notes Due February 2037 · Carrying Reported Amount Fair Value Disclosure 1,168
3.350% Notes Due February 2037 · Estimate Of Fair Value Fair Value Disclosure 1,156
3.40% Notes due 2038 · Carrying Reported Amount Fair Value Disclosure 994 993 +0.1%
3.40% Notes due 2038 · Estimate Of Fair Value Fair Value Disclosure 877 897 -2.2%
3.50% Notes due 2048 · Carrying Reported Amount Fair Value Disclosure 744 744 0.0%
3.50% Notes due 2048 · Estimate Of Fair Value Fair Value Disclosure 582 628 -7.3%
3.55% Notes Due 2044 (1.0B Euro 1.0721) · Carrying Reported Amount Fair Value Disclosure 1,160 1,104 +5.1%
3.55% Notes Due 2044 (1.0B Euro 1.0721) · Estimate Of Fair Value Fair Value Disclosure 1,127 1,140 -1.1%
3.587% Notes due 2036 · Carrying Reported Amount Fair Value Disclosure 923 902 +2.3%
3.587% Notes due 2036 · Estimate Of Fair Value Fair Value Disclosure 914 936 -2.4%
3.600% Notes Due February 2045 · Carrying Reported Amount Fair Value Disclosure 814
3.600% Notes Due February 2045 · Estimate Of Fair Value Fair Value Disclosure 787
3.625% Notes due 2037 · Carrying Reported Amount Fair Value Disclosure 1,414 1,395 +1.4%
3.625% Notes due 2037 · Estimate Of Fair Value Fair Value Disclosure 1,359 1,393 -2.4%
3.700% Notes Due February 2055 · Carrying Reported Amount Fair Value Disclosure 1,164
3.700% Notes Due February 2055 · Estimate Of Fair Value Fair Value Disclosure 1,094
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 1,637 1,747 -6.3%
3.75% Notes due 2047 · Carrying Reported Amount Fair Value Disclosure 884 868 +1.8%
3.75% Notes due 2047 · Estimate Of Fair Value Fair Value Disclosure 814 873 -6.8%
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 859 879 -2.3%
4.50% Notes due 2027 · Carrying Reported Amount Fair Value Disclosure 749
4.50% Notes due 2027 · Estimate Of Fair Value Fair Value Disclosure 760
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 532 553 -3.8%
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 472 501 -5.8%
4.55% Notes Due 2029 · Carrying Reported Amount Fair Value Disclosure 748
4.55% Notes Due 2029 · Estimate Of Fair Value Fair Value Disclosure 764
4.70% Notes due 2030 · Carrying Reported Amount Fair Value Disclosure 996
4.70% Notes due 2030 · Estimate Of Fair Value Fair Value Disclosure 1,030
4.80% Notes due 2029 · Carrying Reported Amount Fair Value Disclosure 1,146 1,146 0.0%
4.80% Notes due 2029 · Estimate Of Fair Value Fair Value Disclosure 1,185 1,198 -1.1%
4.85% Notes Due 2032 · Carrying Reported Amount Fair Value Disclosure 1,243
4.85% Notes Due 2032 · Estimate Of Fair Value Fair Value Disclosure 1,297
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 299 313 -4.5%
4.90% Notes due 2031 · Carrying Reported Amount Fair Value Disclosure 1,146 1,146 0.0%
4.90% Notes due 2031 · Estimate Of Fair Value Fair Value Disclosure 1,198 1,215 -1.4%
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 521 536 -2.8%
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 892 904 -1.3%
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 1,297
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 865 921 -6.1%
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 774 804 -3.7%
5.95% Notes due 2037 · Carrying Reported Amount Fair Value Disclosure 995 994 +0.1%
5.95% Notes due 2037 · Estimate Of Fair Value Fair Value Disclosure 1,116 1,157 -3.5%
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 333 344 -3.2%
Other · Carrying Reported Amount Fair Value Disclosure 86 71 +21.1%
Other · Estimate Of Fair Value Fair Value Disclosure 85 71 +19.7%
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 39,408 31,289 +25.9%
Estimate Of Fair Value Fair Value Disclosure 37,741 30,496 +23.8%
Deferred Tax Liabilities 5,988 2,952 +102.8%
Employee Related Liabilities Current And Noncurrent 6,930 6,852 +1.1%
Accrued Income Taxes Noncurrent 418 354 +18.1%
Other Non-Current Liabilities 9,926 14,923 -33.5%
Total Liabilities 113,539 108,129 +5.0%
Stockholders' Equity
Common Stock 3,120 3,120 0.0%
Accumulated Other Comprehensive Income -15,237 -12,522 -21.7%
Retained Earnings 167,281 155,179 +7.8%
Treasury Stock Common Value 75,887 75,619 +0.4%
Total Stockholders' Equity 79,277 70,158 +13.0%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 79,277 70,158 +13.0%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment -1,419 -1,930 +26.5%
Accumulated Gain Loss Net Cash Flow Hedge Parent -346 -641 +46.0%
Accumulated Net Unrealized Investment Gain Loss 0 1 -100.0%
Accumulated Other Comprehensive Income -15,237 -12,522 -21.7%
Accumulated Translation Adjustment -13,472 -9,952 -35.4%
Common Stock 3,120 3,120 0.0%
Retained Earnings 167,281 155,179 +7.8%
Treasury Stock Common -75,887 -75,619 -0.4%
Total Liabilities & Equity 192,816 178,287 +8.1%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q3 2025 YTD Q3 2024 YoY
Operating Activities
Depreciation & Amortization 5,492 5,443 +0.9%
Show Business Segments breakouts
General Corporate · Corporate Non Segment 171 280 -38.9%
Innovative Medicine · Operating Segments 2,757 2,793 -1.3%
MEDTECH · Operating Segments 2,564 2,370 +8.2%
Segments Total 5,321 5,163 +3.1%
Stock-Based Compensation 1,045 938 +11.4%
Asset Impairment Charges 123 379 -67.5%
In Process Research And Development Charge 109 1,252 -91.3%
Gain Loss On Sales Of Assets And Asset Impairment Charges -131 -225 +41.8%
Deferred Income Taxes 5,215 -2,167 +340.7%
Provision For Doubtful Accounts -6 -11 +45.5%
Change in Accounts Receivable -2,172 -1,259 -72.5%
Change in Inventory -1,404 -1,038 -35.3%
Increase Decrease In Accounts Payable And Accrued Liabilities 1,111 2,713 -59.0%
Increase Decrease In Other Operating Assets -7,653 949 -906.4%
Increase Decrease In Other Operating Liabilities -6,196 -326 -1800.6%
Net Cash from Operations 17,221 17,283 -0.4%
Investing Activities
Capital Expenditures -2,995 -2,812 -6.5%
Proceeds From Sale Of Productive Assets 408 623 -34.5%
Payments To Acquire Businesses Net Of Cash Acquired -14,459 -15,145 +4.5%
Payments To Acquire In Process Research And Development Assets -385 -1,250 +69.2%
Payments To Acquire Investments -677 -1,464 +53.8%
Proceeds From Sale Maturity And Collections Of Investments 1,442 2,172 -33.6%
Proceeds Payments From To Credit Support Agreements Investing Activities -2,338 699 -434.5%
Other Investing Activities -99 -102 +2.9%
Net Cash from Investing -19,103 -17,279 -10.6%
Financing Activities
Payments Of Ordinary Dividends -9,250 -8,839 -4.6%
Share Repurchases -4,029 -2,150 -87.4%
Proceeds From Short Term Debt 10,673 11,984 -10.9%
Repayments Of Short Term Debt -10,524 -8,354 -26.0%
Proceeds From Issuance Of Long Term Debt 9,138 6,660 +37.2%
Repayments Of Senior Debt -1,755 -804 -118.3%
Proceeds From Exercise Of Stock Options And Excess Tax Benefits 1,831 714 +156.4%
Proceeds Payments From To Credit Support Agreements Financing Activities -246 5 -5020.0%
Proceeds From Payments For Other Financing Activities -8 -38 +78.9%
Net Cash from Financing -4,170 -1,792 -132.7%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 178 -91 +295.6%
Net Change in Cash -5,874 -1,879 -212.6%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 18,231 19,980 -8.8%

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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