Merck & co., inc. (MRK)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Dec'08
Assets
Current Assets
Cash and cash equivalents

7,425

9,676

7,869

6,659

8,076

7,965

7,826

5,310

4,483

6,092

7,901

7,786

11,708

6,515

7,907

6,600

9,716

8,524

7,548

6,922

7,980

7,441

11,370

9,743

15,828

15,621

14,090

15,090

13,024

13,451

17,360

16,752

14,656

13,531

14,253

12,342

11,695

10,900

9,874

8,665

8,236

9,311

4,312

2,989

4,368

Short-term investments

7

774

149

446

722

899

2,459

2,284

2,863

2,406

3,294

4,181

3,541

7,826

5,160

5,226

3,227

4,903

4,541

4,448

7,621

8,278

2,977

3,652

4,685

1,865

4,079

3,008

2,998

2,690

757

698

910

1,441

1,323

1,639

1,334

1,301

750

1,277

1,541

293

487

1,411

1,118

Accounts receivable (net of allowance for doubtful accounts of $89 in 2020 and $86 in 2019)

8,182

6,778

8,442

7,964

7,608

7,071

7,374

7,287

7,245

6,873

7,671

7,439

7,066

7,018

7,364

6,916

6,850

6,484

6,414

6,510

6,670

6,626

6,515

7,022

7,188

7,184

7,578

7,779

7,965

7,672

7,952

8,152

8,726

8,261

8,136

8,475

7,955

7,344

7,297

6,276

7,497

6,603

3,127

3,164

2,907

Inventories (excludes inventories of $1,630 in 2020 and $1,480 in 2019 classified in Other assets - see Note 6)

5,846

5,978

5,855

5,847

5,712

5,440

5,416

5,178

5,382

5,096

5,263

5,407

5,146

4,866

5,244

5,248

5,102

4,700

5,123

5,306

5,539

5,571

5,819

6,136

6,376

6,226

6,741

6,766

6,773

6,535

6,731

6,249

6,339

6,254

6,239

6,225

6,057

5,868

6,263

6,244

6,825

8,048

3,459

3,478

2,091

Other current assets

4,714

4,277

3,827

3,382

3,233

4,500

3,761

4,005

4,112

4,299

3,790

3,354

4,069

4,389

3,765

3,928

3,877

5,140

4,941

5,133

5,117

4,689

4,740

3,659

3,939

4,789

5,277

4,352

4,484

4,509

3,429

3,788

3,713

3,694

4,158

3,687

3,983

3,651

3,570

3,790

4,144

4,177

1,203

1,119

8,627

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,302

3,375

3,224

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

578

515

-

Total current assets

26,174

27,483

26,142

24,298

25,351

25,875

26,836

24,064

24,085

24,766

27,919

28,167

31,530

30,614

29,440

27,926

28,772

29,751

28,567

28,319

32,927

32,605

34,723

33,587

41,240

35,685

37,765

36,995

35,244

34,857

36,229

35,639

34,344

33,181

34,109

32,368

31,024

29,064

27,756

26,253

28,244

28,432

13,166

12,676

19,112

Investments

555

1,469

2,111

3,779

5,621

6,233

7,606

10,033

11,033

12,125

12,206

12,138

11,896

11,416

11,657

11,879

12,554

13,039

13,080

13,333

13,092

13,515

13,492

12,618

11,456

9,770

9,198

8,555

7,948

7,305

5,560

4,085

3,972

3,458

2,423

2,175

2,084

2,175

2,137

2,045

1,995

432

-

-

6,491

Property, Plant and Equipment (at cost)
Land

-

-

-

-

-

333

-

-

-

365

-

-

-

412

-

-

-

490

-

-

-

541

-

-

-

550

-

-

-

591

-

-

-

623

-

-

-

658

-

-

-

667

-

-

386

Buildings

-

-

-

-

-

11,486

-

-

-

11,726

-

-

-

11,439

-

-

-

12,154

-

-

-

13,101

-

-

-

13,627

-

-

-

13,196

-

-

-

12,733

-

-

-

11,945

-

-

-

12,231

-

-

9,767

Machinery, equipment and office furnishings

-

-

-

-

-

14,441

-

-

-

14,649

-

-

-

14,053

-

-

-

14,261

-

-

-

16,050

-

-

-

17,106

-

-

-

17,188

-

-

-

16,919

-

-

-

15,894

-

-

-

16,158

-

-

13,103

Construction in progress

-

-

-

-

-

3,355

-

-

-

2,301

-

-

-

1,871

-

-

-

1,525

-

-

-

1,448

-

-

-

1,811

-

-

-

2,440

-

-

-

2,198

-

-

-

2,066

-

-

-

1,818

-

-

871

Property, plant and equipment (at cost)

-

-

-

-

-

29,615

-

-

-

29,041

-

-

-

27,775

-

-

-

28,430

-

-

-

31,140

-

-

-

33,094

-

-

-

33,415

-

-

-

32,473

-

-

-

30,563

-

-

-

30,874

11,012

10,785

24,128

Less: accumulated depreciation

-

-

-

-

-

16,324

-

-

-

16,602

-

-

-

15,749

-

-

-

15,923

-

-

-

18,004

-

-

-

18,121

-

-

-

17,385

-

-

-

16,176

-

-

-

13,481

-

-

-

12,595

4,088

3,912

12,128

Property, Plant and Equipment, at cost, net of accumulated depreciation of $17,706 in 2020 and $17,686 in 2019

15,269

15,053

14,287

13,862

13,506

13,291

12,755

12,626

12,561

12,439

12,189

12,094

12,042

12,026

12,029

11,987

12,360

12,507

12,482

12,630

12,910

13,136

13,438

13,893

14,296

14,973

15,323

15,683

15,802

16,030

15,884

15,867

16,124

16,297

16,383

16,671

16,833

17,082

17,115

17,334

17,985

18,279

6,924

6,873

11,999

Goodwill

19,767

19,425

19,480

19,490

18,170

18,253

18,258

18,274

18,304

18,284

18,340

18,358

18,358

18,162

18,260

17,809

17,784

17,723

17,761

17,707

17,740

12,992

13,171

11,789

12,120

12,301

12,121

12,198

12,207

12,134

12,168

12,158

12,156

12,155

12,228

12,382

12,207

12,378

12,480

12,225

12,266

12,038

2,879

2,802

1,438

Other Intangibles, Net

16,096

14,196

12,307

13,381

10,999

13,104

12,175

12,898

13,500

14,183

15,138

16,119

16,863

17,305

20,506

20,315

21,364

22,602

23,724

24,750

26,080

20,386

20,395

18,830

20,517

23,801

25,002

26,333

28,108

29,083

30,325

31,620

33,000

34,302

35,822

37,065

37,906

39,456

42,954

43,281

45,574

47,757

5,981

5,947

525

Other Assets

7,052

6,771

9,004

9,155

8,707

5,881

7,500

7,145

6,558

6,075

5,884

5,928

5,872

5,854

6,443

6,559

5,921

6,055

5,618

5,843

5,596

5,533

6,589

7,143

8,831

9,115

7,010

7,112

6,891

6,723

6,135

6,156

5,913

5,735

5,569

5,534

5,811

5,626

5,395

5,030

5,527

5,376

1,597

1,247

7,628

Total Assets

84,913

84,397

83,331

83,965

82,354

82,637

85,130

85,040

86,041

87,872

91,676

92,804

96,561

95,377

98,335

96,475

98,755

101,677

101,232

102,582

108,345

98,167

101,808

97,860

108,460

105,645

106,419

106,876

106,200

106,132

106,301

105,525

105,509

105,128

106,534

106,195

105,865

105,781

107,840

106,170

111,593

112,314

30,547

29,545

47,195

Liabilities and Equity
Current Liabilities
Loans payable and current portion of long-term debt

6,361

3,610

3,411

3,816

3,175

5,308

3,656

3,379

2,055

3,057

5,157

3,181

5,037

568

1,487

644

2,113

2,583

2,543

2,483

4,728

2,704

9,275

4,477

8,559

4,521

3,976

5,582

4,736

4,315

2,029

3,922

2,930

1,990

2,455

2,523

2,202

2,400

4,116

4,147

3,822

1,379

185

261

2,297

Trade accounts payable

3,572

3,738

3,198

3,142

3,018

3,318

3,091

3,024

3,162

3,102

2,620

2,934

2,484

2,807

2,481

2,514

2,241

2,533

2,023

2,335

2,091

2,625

2,279

2,326

2,434

2,274

2,469

2,253

2,084

1,753

1,804

1,674

2,358

2,023

2,282

2,143

2,402

2,308

2,242

2,171

2,074

2,244

1,709

1,755

617

Accrued compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

967

828

-

Accrued and other current liabilities

10,932

12,549

11,768

11,054

10,081

10,151

9,776

9,755

9,709

10,427

9,992

9,363

8,658

10,274

9,087

9,255

10,043

11,216

9,610

9,517

9,867

10,523

9,808

8,829

8,707

9,501

9,183

8,872

9,569

9,737

8,923

8,917

8,823

10,170

9,228

8,747

8,555

8,514

8,159

6,834

8,439

9,455

1,996

2,148

9,174

Income taxes payable

1,033

736

873

634

807

1,971

759

661

717

708

396

1,979

2,330

2,239

1,208

1,213

1,864

1,560

2,119

1,878

2,450

1,237

2,467

192

595

251

1,298

409

1,075

1,200

1,512

1,091

1,190

781

1,462

1,174

1,326

1,243

1,629

879

723

1,167

232

202

1,426

Dividends payable

1,585

1,587

1,434

1,439

1,462

1,458

1,304

1,309

1,317

1,320

1,302

1,301

1,314

1,316

1,292

1,292

1,307

1,309

1,288

1,295

1,306

1,308

1,288

1,303

1,327

1,321

1,289

1,286

1,338

1,343

1,315

1,308

1,281

1,281

1,166

1,176

1,177

1,176

1,175

1,182

1,189

1,189

-

-

803

Liabilities held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

810

801

848

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6% Mandatory convertible preferred stock, $1 par value Authorized - 11,500,000 shares issued and outstanding - 855,422 shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

206

206

207

-

-

0

Total current liabilities

23,483

22,220

20,684

20,085

18,543

22,206

18,586

18,128

16,960

18,614

19,467

18,758

19,823

17,204

15,555

14,918

17,568

19,201

17,583

17,508

20,442

18,397

25,927

17,928

22,470

17,868

18,215

18,402

18,802

18,348

15,583

16,912

16,582

16,245

16,593

15,763

15,662

15,641

17,323

15,420

16,455

15,641

5,089

5,194

14,318

Long-Term Debt

21,637

22,736

22,677

22,771

22,721

19,806

19,936

19,959

21,501

21,353

21,838

21,706

23,437

24,274

23,656

23,642

23,656

23,829

24,124

24,069

25,506

18,699

18,566

18,590

19,589

20,539

22,647

22,526

16,089

16,254

17,571

15,057

15,228

15,525

15,692

15,783

15,644

15,482

14,031

13,835

15,281

16,095

8,033

7,908

3,943

Deferred Income Taxes

1,943

1,470

1,960

2,089

1,835

1,702

2,065

2,159

2,206

2,219

4,159

4,560

4,889

5,077

6,374

6,091

6,256

6,535

5,959

6,454

6,803

4,467

4,987

4,651

5,881

6,776

-

-

-

5,740

-

-

-

-

-

-

-

-

-

-

-

-

1,523

1,498

-

Other Noncurrent Liabilities

11,550

11,970

11,085

11,283

11,585

12,041

11,887

12,028

11,473

11,117

7,713

8,068

8,324

8,514

8,793

8,378

7,374

7,345

7,887

7,913

7,677

7,813

6,968

8,175

7,956

8,136

-

-

-

10,327

-

-

-

-

-

-

-

-

-

-

-

-

3,002

2,910

-

Deferred Income Taxes and Noncurrent Liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,551

15,843

15,703

-

14,935

15,883

16,385

16,415

16,653

16,727

17,720

17,853

18,436

19,248

19,514

19,093

12,558

12,316

7,766

Merck & Co., Inc. Stockholders’ Equity
2007 Mandatory convertible preferred shares - $1 par value; $250 per share face value; issued: 10 at September 30, 2009 and December 31, 2008

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,500

2,500

-

Common stock, $0.50 par value Authorized - 6,500,000,000 shares Issued - 3,577,103,522 shares in 2020 and 2019

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,788

1,786

1,786

1,781

1,066

1,064

29

Other paid-in capital

39,697

39,660

39,561

39,484

38,768

38,808

39,762

39,741

39,874

39,902

39,823

39,776

39,899

39,939

39,897

39,911

40,145

40,222

40,139

40,114

40,355

40,423

40,340

40,199

40,450

40,508

39,909

39,891

40,727

40,646

40,471

40,550

40,652

40,663

40,717

40,657

40,690

40,701

40,556

40,337

40,196

39,683

5,340

5,196

8,319

Retained earnings

48,272

46,602

45,804

45,295

44,065

42,579

42,189

41,523

41,107

41,350

43,701

45,046

44,387

44,133

46,028

45,121

45,192

45,348

45,660

45,103

45,692

46,021

39,989

40,366

39,661

39,257

39,773

39,915

40,272

39,985

40,390

39,950

39,441

38,990

38,763

38,243

37,400

37,536

39,245

40,081

40,511

41,405

10,737

10,368

43,698

Accumulated other comprehensive loss

-6,391

-6,193

-5,390

-5,362

-5,346

-5,545

-5,151

-5,122

-5,060

-4,910

-4,945

-5,094

-5,080

-5,226

-4,252

-4,086

-4,194

-4,148

-4,573

-4,332

-4,167

-4,323

-2,998

-2,444

-2,179

-2,197

-4,698

-4,760

-4,629

-4,682

-3,040

-3,126

-3,217

-3,132

-2,713

-2,776

-3,170

-3,216

-3,490

-4,658

-3,571

-2,767

-1,360

-1,710

-2,553

Stockholders' equity before deduction for treasury stock

83,366

81,857

81,763

81,205

79,275

77,630

78,588

77,930

77,709

78,130

80,367

81,516

80,994

80,634

83,461

82,734

82,931

83,210

83,014

82,673

83,668

83,909

79,119

79,909

79,720

79,356

76,772

76,834

78,158

77,737

79,609

79,162

78,664

78,309

78,555

77,912

76,708

76,809

78,100

77,547

78,922

80,102

18,283

17,418

49,493

Less treasury stock, at cost: 1,053,090,194 shares in 2020 and 1,038,087,496 shares in 2019

57,161

55,950

54,925

53,570

51,736

50,929

46,166

45,401

44,041

43,794

42,119

42,053

41,157

40,546

39,717

39,377

39,125

38,534

37,427

36,225

35,903

35,262

33,895

31,551

29,745

29,591

29,353

29,334

25,129

24,717

23,862

23,968

23,804

23,792

23,415

22,416

22,324

22,433

22,507

22,315

21,044

21,044

5,383

5,383

30,735

Total Merck & Co., Inc. stockholders’ equity

26,205

25,907

26,838

27,635

27,539

26,701

32,422

32,529

33,668

34,336

38,248

39,463

39,837

40,088

43,744

43,357

43,806

44,676

45,587

46,448

47,765

48,647

45,224

48,358

49,975

49,765

47,419

47,500

53,029

53,020

55,747

55,194

54,860

54,517

55,140

55,496

54,384

54,376

55,592

55,231

57,878

59,058

12,900

12,035

18,758

Noncontrolling Interests

95

94

87

102

131

181

234

237

233

233

251

249

251

220

213

89

95

91

92

190

152

144

136

158

2,589

2,561

2,587

2,605

2,577

2,443

2,465

2,479

2,454

2,426

2,456

2,426

2,455

2,429

2,455

2,434

2,465

2,427

-

-

2,408

Total equity

26,300

26,001

26,925

27,737

27,670

26,882

32,656

32,766

33,901

34,569

38,499

39,712

40,088

40,308

43,957

43,446

43,901

44,767

45,679

46,638

47,917

48,791

45,360

48,516

52,564

52,326

50,006

50,105

55,606

55,463

58,212

57,673

57,314

56,943

57,596

57,922

56,839

56,805

58,048

57,665

60,343

61,485

-

-

21,167

Liabilities and Equity

84,913

84,397

83,331

83,965

82,354

82,637

85,130

85,040

86,041

87,872

91,676

92,804

96,561

95,377

98,335

96,475

98,755

101,677

101,232

102,582

108,345

98,167

101,808

97,860

108,460

105,645

106,419

106,876

106,200

106,132

106,301

105,525

105,509

105,128

106,534

106,195

105,865

105,781

107,840

106,170

111,593

112,314

30,547

29,545

47,195