abbv-202209300001551152falseDecember 312022Q3http://fasb.org/us-gaap/2022#CostOfGoodsAndServicesSoldhttp://fasb.org/us-gaap/2022#CostOfGoodsAndServicesSoldhttp://fasb.org/us-gaap/2022#CostOfGoodsAndServicesSoldhttp://fasb.org/us-gaap/2022#CostOfGoodsAndServicesSoldhttp://fasb.org/us-gaap/2022#InterestIncomeExpenseNonoperatingNethttp://fasb.org/us-gaap/2022#InterestIncomeExpenseNonoperatingNethttp://fasb.org/us-gaap/2022#InterestIncomeExpenseNonoperatingNethttp://fasb.org/us-gaap/2022#InterestIncomeExpenseNonoperatingNethttp://fasb.org/us-gaap/2022#ForeignCurrencyTransactionGainLossBeforeTaxhttp://fasb.org/us-gaap/2022#ForeignCurrencyTransactionGainLossBeforeTaxhttp://fasb.org/us-gaap/2022#ForeignCurrencyTransactionGainLossBeforeTaxhttp://fasb.org/us-gaap/2022#ForeignCurrencyTransactionGainLossBeforeTaxhttp://fasb.org/us-gaap/2022#InterestIncomeExpenseNonoperatingNethttp://fasb.org/us-gaap/2022#InterestIncomeExpenseNonoperatingNethttp://fasb.org/us-gaap/2022#InterestIncomeExpenseNonoperatingNethttp://fasb.org/us-gaap/2022#InterestIncomeExpenseNonoperatingNethttp://fasb.org/us-gaap/2022#InterestIncomeExpenseNonoperatingNethttp://fasb.org/us-gaap/2022#InterestIncomeExpenseNonoperatingNethttp://fasb.org/us-gaap/2022#InterestIncomeExpenseNonoperatingNethttp://fasb.org/us-gaap/2022#InterestIncomeExpenseNonoperatingNethttp://fasb.org/us-gaap/2022#InterestIncomeExpenseNonoperatingNethttp://fasb.org/us-gaap/2022#InterestIncomeExpenseNonoperatingNethttp://fasb.org/us-gaap/2022#InterestIncomeExpenseNonoperatingNethttp://fasb.org/us-gaap/2022#InterestIncomeExpenseNonoperatingNet100015511522022-01-012022-09-300001551152exch:XCHIus-gaap:CommonStockMember2022-01-012022-09-300001551152us-gaap:CommonStockMemberexch:XNYS2022-01-012022-09-300001551152abbv:Sec1500SeniorNotesDue2023Memberexch:XNYS2022-01-012022-09-300001551152abbv:Sec1.375SeniorNotesDue2024Memberexch:XNYS2022-01-012022-09-300001551152abbv:Sec1250SeniorNotesDue2024Memberexch:XNYS2022-01-012022-09-300001551152abbv:Sec0.750SeniorNotesDue2027Memberexch:XNYS2022-01-012022-09-300001551152abbv:Sec2.125SeniorNotesdue2028Memberexch:XNYS2022-01-012022-09-300001551152abbv:Sec2625SeniorNotesDue2028Memberexch:XNYS2022-01-012022-09-300001551152abbv:Sec2125SeniorNotesDue2029Memberexch:XNYS2022-01-012022-09-300001551152abbv:Sec1.250SeniorNotesdue2031Memberexch:XNYS2022-01-012022-09-3000015511522022-10-26xbrli:shares00015511522022-07-012022-09-30iso4217:USD00015511522021-07-012021-09-3000015511522021-01-012021-09-30iso4217:USDxbrli:shares00015511522022-09-3000015511522021-12-310001551152us-gaap:CommonStockMember2021-06-300001551152us-gaap:TreasuryStockMember2021-06-300001551152us-gaap:AdditionalPaidInCapitalMember2021-06-300001551152us-gaap:RetainedEarningsMember2021-06-300001551152us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-06-300001551152us-gaap:NoncontrollingInterestMember2021-06-3000015511522021-06-300001551152us-gaap:CommonStockMember2021-07-012021-09-300001551152us-gaap:TreasuryStockMember2021-07-012021-09-300001551152us-gaap:AdditionalPaidInCapitalMember2021-07-012021-09-300001551152us-gaap:RetainedEarningsMember2021-07-012021-09-300001551152us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-07-012021-09-300001551152us-gaap:NoncontrollingInterestMember2021-07-012021-09-300001551152us-gaap:CommonStockMember2021-09-300001551152us-gaap:TreasuryStockMember2021-09-300001551152us-gaap:AdditionalPaidInCapitalMember2021-09-300001551152us-gaap:RetainedEarningsMember2021-09-300001551152us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-09-300001551152us-gaap:NoncontrollingInterestMember2021-09-3000015511522021-09-300001551152us-gaap:CommonStockMember2022-06-300001551152us-gaap:TreasuryStockMember2022-06-300001551152us-gaap:AdditionalPaidInCapitalMember2022-06-300001551152us-gaap:RetainedEarningsMember2022-06-300001551152us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-06-300001551152us-gaap:NoncontrollingInterestMember2022-06-3000015511522022-06-300001551152us-gaap:CommonStockMember2022-07-012022-09-300001551152us-gaap:TreasuryStockMember2022-07-012022-09-300001551152us-gaap:AdditionalPaidInCapitalMember2022-07-012022-09-300001551152us-gaap:RetainedEarningsMember2022-07-012022-09-300001551152us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-07-012022-09-300001551152us-gaap:NoncontrollingInterestMember2022-07-012022-09-300001551152us-gaap:CommonStockMember2022-09-300001551152us-gaap:TreasuryStockMember2022-09-300001551152us-gaap:AdditionalPaidInCapitalMember2022-09-300001551152us-gaap:RetainedEarningsMember2022-09-300001551152us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-09-300001551152us-gaap:NoncontrollingInterestMember2022-09-300001551152us-gaap:CommonStockMember2020-12-310001551152us-gaap:TreasuryStockMember2020-12-310001551152us-gaap:AdditionalPaidInCapitalMember2020-12-310001551152us-gaap:RetainedEarningsMember2020-12-310001551152us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-12-310001551152us-gaap:NoncontrollingInterestMember2020-12-3100015511522020-12-310001551152us-gaap:CommonStockMember2021-01-012021-09-300001551152us-gaap:TreasuryStockMember2021-01-012021-09-300001551152us-gaap:AdditionalPaidInCapitalMember2021-01-012021-09-300001551152us-gaap:RetainedEarningsMember2021-01-012021-09-300001551152us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-01-012021-09-300001551152us-gaap:NoncontrollingInterestMember2021-01-012021-09-300001551152us-gaap:CommonStockMember2021-12-310001551152us-gaap:TreasuryStockMember2021-12-310001551152us-gaap:AdditionalPaidInCapitalMember2021-12-310001551152us-gaap:RetainedEarningsMember2021-12-310001551152us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-12-310001551152us-gaap:NoncontrollingInterestMember2021-12-310001551152us-gaap:CommonStockMember2022-01-012022-09-300001551152us-gaap:TreasuryStockMember2022-01-012022-09-300001551152us-gaap:AdditionalPaidInCapitalMember2022-01-012022-09-300001551152us-gaap:RetainedEarningsMember2022-01-012022-09-300001551152us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-01-012022-09-300001551152us-gaap:NoncontrollingInterestMember2022-01-012022-09-300001551152abbv:SyndesiMemberus-gaap:CollaborativeArrangementMember2022-01-012022-03-310001551152abbv:SyndesiMembersrt:MaximumMemberus-gaap:CollaborativeArrangementMember2022-02-280001551152abbv:JuvisePharmaceuticalsMember2022-04-012022-06-300001551152abbv:JuvisePharmaceuticalsMemberus-gaap:OtherOperatingIncomeExpenseMember2022-04-012022-06-300001551152abbv:DJSAntibodiesLtdMembersrt:ScenarioForecastMemberus-gaap:SubsequentEventMember2022-10-012022-11-040001551152us-gaap:SubsequentEventMemberabbv:DJSAntibodiesLtdMembersrt:MaximumMember2022-11-040001551152abbv:CalicoLifeSciencesLLCMemberus-gaap:CollaborativeArrangementMember2021-07-012021-09-300001551152abbv:TeneoOneMemberus-gaap:CollaborativeArrangementMember2021-07-012021-09-300001551152abbv:TeneoOneMembersrt:MaximumMemberus-gaap:CollaborativeArrangementMember2021-09-300001551152abbv:JanssenBiotechIncMemberus-gaap:CollaborativeArrangementMember2022-09-300001551152abbv:JanssenBiotechIncMemberus-gaap:CollaborativeArrangementMember2022-01-012022-09-30xbrli:pure0001551152abbv:JanssenBiotechIncMember2022-01-012022-09-300001551152abbv:JanssenBiotechIncMembercountry:USus-gaap:CollaborativeArrangementMember2022-07-012022-09-300001551152abbv:JanssenBiotechIncMembercountry:USus-gaap:CollaborativeArrangementMember2021-07-012021-09-300001551152abbv:JanssenBiotechIncMembercountry:USus-gaap:CollaborativeArrangementMember2022-01-012022-09-300001551152abbv:JanssenBiotechIncMembercountry:USus-gaap:CollaborativeArrangementMember2021-01-012021-09-300001551152abbv:JanssenBiotechIncMemberus-gaap:CollaborativeArrangementMemberus-gaap:NonUsMember2022-07-012022-09-300001551152abbv:JanssenBiotechIncMemberus-gaap:CollaborativeArrangementMemberus-gaap:NonUsMember2021-07-012021-09-300001551152abbv:JanssenBiotechIncMemberus-gaap:CollaborativeArrangementMemberus-gaap:NonUsMember2022-01-012022-09-300001551152abbv:JanssenBiotechIncMemberus-gaap:CollaborativeArrangementMemberus-gaap:NonUsMember2021-01-012021-09-300001551152abbv:JanssenBiotechIncMemberus-gaap:CollaborativeArrangementMember2022-07-012022-09-300001551152abbv:JanssenBiotechIncMemberus-gaap:CollaborativeArrangementMember2021-07-012021-09-300001551152abbv:JanssenBiotechIncMemberus-gaap:CollaborativeArrangementMember2021-01-012021-09-300001551152abbv:JanssenBiotechIncMemberus-gaap:CollaborativeArrangementMember2021-12-310001551152abbv:GenentechInc.Member2022-01-012022-09-300001551152abbv:GenentechInc.Memberus-gaap:CollaborativeArrangementMember2022-07-012022-09-300001551152abbv:GenentechInc.Memberus-gaap:CollaborativeArrangementMember2021-07-012021-09-300001551152abbv:GenentechInc.Memberus-gaap:CollaborativeArrangementMember2022-01-012022-09-300001551152abbv:GenentechInc.Memberus-gaap:CollaborativeArrangementMember2021-01-012021-09-300001551152abbv:GenentechInc.Membercountry:USus-gaap:CollaborativeArrangementMember2022-07-012022-09-300001551152abbv:GenentechInc.Membercountry:USus-gaap:CollaborativeArrangementMember2021-07-012021-09-300001551152abbv:GenentechInc.Membercountry:USus-gaap:CollaborativeArrangementMember2022-01-012022-09-300001551152abbv:GenentechInc.Membercountry:USus-gaap:CollaborativeArrangementMember2021-01-012021-09-300001551152us-gaap:DevelopedTechnologyRightsMember2022-09-300001551152us-gaap:DevelopedTechnologyRightsMember2021-12-310001551152us-gaap:LicensingAgreementsMember2022-09-300001551152us-gaap:LicensingAgreementsMember2021-12-310001551152abbv:AllerganIntegrationPlanMember2022-09-300001551152abbv:AllerganIntegrationPlanMember2022-01-012022-09-300001551152us-gaap:CostOfSalesMemberus-gaap:EmployeeSeveranceMemberabbv:AllerganIntegrationPlanMember2022-07-012022-09-300001551152us-gaap:CostOfSalesMemberus-gaap:EmployeeSeveranceMemberabbv:AllerganIntegrationPlanMember2021-07-012021-09-300001551152us-gaap:CostOfSalesMemberus-gaap:EmployeeSeveranceMemberabbv:AllerganIntegrationPlanMember2022-01-012022-09-300001551152us-gaap:CostOfSalesMemberus-gaap:EmployeeSeveranceMemberabbv:AllerganIntegrationPlanMember2021-01-012021-09-300001551152us-gaap:CostOfSalesMemberabbv:AllerganIntegrationPlanMemberus-gaap:OtherRestructuringMember2022-07-012022-09-300001551152us-gaap:CostOfSalesMemberabbv:AllerganIntegrationPlanMemberus-gaap:OtherRestructuringMember2021-07-012021-09-300001551152us-gaap:CostOfSalesMemberabbv:AllerganIntegrationPlanMemberus-gaap:OtherRestructuringMember2022-01-012022-09-300001551152us-gaap:CostOfSalesMemberabbv:AllerganIntegrationPlanMemberus-gaap:OtherRestructuringMember2021-01-012021-09-300001551152us-gaap:ResearchAndDevelopmentExpenseMemberus-gaap:EmployeeSeveranceMemberabbv:AllerganIntegrationPlanMember2022-07-012022-09-300001551152us-gaap:ResearchAndDevelopmentExpenseMemberus-gaap:EmployeeSeveranceMemberabbv:AllerganIntegrationPlanMember2021-07-012021-09-300001551152us-gaap:ResearchAndDevelopmentExpenseMemberus-gaap:EmployeeSeveranceMemberabbv:AllerganIntegrationPlanMember2022-01-012022-09-300001551152us-gaap:ResearchAndDevelopmentExpenseMemberus-gaap:EmployeeSeveranceMemberabbv:AllerganIntegrationPlanMember2021-01-012021-09-300001551152us-gaap:ResearchAndDevelopmentExpenseMemberabbv:AllerganIntegrationPlanMemberus-gaap:OtherRestructuringMember2022-07-012022-09-300001551152us-gaap:ResearchAndDevelopmentExpenseMemberabbv:AllerganIntegrationPlanMemberus-gaap:OtherRestructuringMember2021-07-012021-09-300001551152us-gaap:ResearchAndDevelopmentExpenseMemberabbv:AllerganIntegrationPlanMemberus-gaap:OtherRestructuringMember2022-01-012022-09-300001551152us-gaap:ResearchAndDevelopmentExpenseMemberabbv:AllerganIntegrationPlanMemberus-gaap:OtherRestructuringMember2021-01-012021-09-300001551152us-gaap:EmployeeSeveranceMemberus-gaap:SellingGeneralAndAdministrativeExpensesMemberabbv:AllerganIntegrationPlanMember2022-07-012022-09-300001551152us-gaap:EmployeeSeveranceMemberus-gaap:SellingGeneralAndAdministrativeExpensesMemberabbv:AllerganIntegrationPlanMember2021-07-012021-09-300001551152us-gaap:EmployeeSeveranceMemberus-gaap:SellingGeneralAndAdministrativeExpensesMemberabbv:AllerganIntegrationPlanMember2022-01-012022-09-300001551152us-gaap:EmployeeSeveranceMemberus-gaap:SellingGeneralAndAdministrativeExpensesMemberabbv:AllerganIntegrationPlanMember2021-01-012021-09-300001551152us-gaap:SellingGeneralAndAdministrativeExpensesMemberabbv:AllerganIntegrationPlanMemberus-gaap:OtherRestructuringMember2022-07-012022-09-300001551152us-gaap:SellingGeneralAndAdministrativeExpensesMemberabbv:AllerganIntegrationPlanMemberus-gaap:OtherRestructuringMember2021-07-012021-09-300001551152us-gaap:SellingGeneralAndAdministrativeExpensesMemberabbv:AllerganIntegrationPlanMemberus-gaap:OtherRestructuringMember2022-01-012022-09-300001551152us-gaap:SellingGeneralAndAdministrativeExpensesMemberabbv:AllerganIntegrationPlanMemberus-gaap:OtherRestructuringMember2021-01-012021-09-300001551152us-gaap:EmployeeSeveranceMemberabbv:AllerganIntegrationPlanMember2022-07-012022-09-300001551152us-gaap:EmployeeSeveranceMemberabbv:AllerganIntegrationPlanMember2021-07-012021-09-300001551152us-gaap:EmployeeSeveranceMemberabbv:AllerganIntegrationPlanMember2022-01-012022-09-300001551152us-gaap:EmployeeSeveranceMemberabbv:AllerganIntegrationPlanMember2021-01-012021-09-300001551152abbv:AllerganIntegrationPlanMemberus-gaap:OtherRestructuringMember2022-07-012022-09-300001551152abbv:AllerganIntegrationPlanMemberus-gaap:OtherRestructuringMember2021-07-012021-09-300001551152abbv:AllerganIntegrationPlanMemberus-gaap:OtherRestructuringMember2022-01-012022-09-300001551152abbv:AllerganIntegrationPlanMemberus-gaap:OtherRestructuringMember2021-01-012021-09-300001551152us-gaap:EmployeeSeveranceMemberabbv:AllerganIntegrationPlanMember2021-12-310001551152abbv:AllerganIntegrationPlanMemberus-gaap:OtherRestructuringMember2021-12-310001551152us-gaap:EmployeeSeveranceMemberabbv:AllerganIntegrationPlanMember2022-09-300001551152abbv:AllerganIntegrationPlanMemberus-gaap:OtherRestructuringMember2022-09-300001551152abbv:OtherRestructuringPlansMember2022-07-012022-09-300001551152abbv:OtherRestructuringPlansMember2022-01-012022-09-300001551152abbv:OtherRestructuringPlansMember2021-07-012021-09-300001551152abbv:OtherRestructuringPlansMember2021-01-012021-09-300001551152abbv:OtherRestructuringPlansMember2021-12-310001551152abbv:OtherRestructuringPlansMember2022-09-300001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMemberus-gaap:CashFlowHedgingMember2022-09-300001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMemberus-gaap:CashFlowHedgingMember2021-12-310001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMemberus-gaap:CashFlowHedgingMember2022-01-012022-09-300001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMemberus-gaap:TreasuryLockMember2019-09-300001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMemberus-gaap:InterestRateSwapMember2022-09-300001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMemberus-gaap:InterestRateSwapMember2021-12-310001551152us-gaap:NondesignatedMemberus-gaap:ForeignExchangeForwardMember2022-09-300001551152us-gaap:NondesignatedMemberus-gaap:ForeignExchangeForwardMember2021-12-310001551152us-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMember2022-09-30iso4217:EUR0001551152us-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMember2021-12-310001551152us-gaap:NetInvestmentHedgingMemberus-gaap:SeniorNotesMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-12-310001551152us-gaap:NetInvestmentHedgingMemberus-gaap:SeniorNotesMemberus-gaap:DesignatedAsHedgingInstrumentMember2022-09-300001551152us-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateSwapMember2021-12-310001551152us-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateSwapMember2022-09-300001551152us-gaap:PrepaidExpensesAndOtherCurrentAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMemberus-gaap:CashFlowHedgingMember2022-09-300001551152us-gaap:PrepaidExpensesAndOtherCurrentAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMemberus-gaap:CashFlowHedgingMember2021-12-310001551152us-gaap:AccountsPayableAndAccruedLiabilitiesMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMemberus-gaap:CashFlowHedgingMember2022-09-300001551152us-gaap:AccountsPayableAndAccruedLiabilitiesMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMemberus-gaap:CashFlowHedgingMember2021-12-310001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMemberus-gaap:CashFlowHedgingMemberus-gaap:OtherNoncurrentAssetsMember2022-09-300001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMemberus-gaap:CashFlowHedgingMemberus-gaap:OtherNoncurrentAssetsMember2021-12-310001551152us-gaap:OtherLiabilitiesMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMemberus-gaap:CashFlowHedgingMember2022-09-300001551152us-gaap:OtherLiabilitiesMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMemberus-gaap:CashFlowHedgingMember2021-12-310001551152us-gaap:NetInvestmentHedgingMemberus-gaap:PrepaidExpensesAndOtherCurrentAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMember2022-09-300001551152us-gaap:NetInvestmentHedgingMemberus-gaap:PrepaidExpensesAndOtherCurrentAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMember2021-12-310001551152us-gaap:AccountsPayableAndAccruedLiabilitiesMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMember2022-09-300001551152us-gaap:AccountsPayableAndAccruedLiabilitiesMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMember2021-12-310001551152us-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMemberus-gaap:OtherNoncurrentAssetsMember2022-09-300001551152us-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMemberus-gaap:OtherNoncurrentAssetsMember2021-12-310001551152us-gaap:NetInvestmentHedgingMemberus-gaap:OtherLiabilitiesMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMember2022-09-300001551152us-gaap:NetInvestmentHedgingMemberus-gaap:OtherLiabilitiesMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMember2021-12-310001551152us-gaap:PrepaidExpensesAndOtherCurrentAssetsMemberus-gaap:NondesignatedMemberus-gaap:ForeignExchangeForwardMember2022-09-300001551152us-gaap:PrepaidExpensesAndOtherCurrentAssetsMemberus-gaap:NondesignatedMemberus-gaap:ForeignExchangeForwardMember2021-12-310001551152us-gaap:AccountsPayableAndAccruedLiabilitiesMemberus-gaap:NondesignatedMemberus-gaap:ForeignExchangeForwardMember2022-09-300001551152us-gaap:AccountsPayableAndAccruedLiabilitiesMemberus-gaap:NondesignatedMemberus-gaap:ForeignExchangeForwardMember2021-12-310001551152us-gaap:PrepaidExpensesAndOtherCurrentAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMemberus-gaap:InterestRateSwapMember2022-09-300001551152us-gaap:PrepaidExpensesAndOtherCurrentAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMemberus-gaap:InterestRateSwapMember2021-12-310001551152us-gaap:AccountsPayableAndAccruedLiabilitiesMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMemberus-gaap:InterestRateSwapMember2022-09-300001551152us-gaap:AccountsPayableAndAccruedLiabilitiesMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMemberus-gaap:InterestRateSwapMember2021-12-310001551152us-gaap:PrepaidExpensesAndOtherCurrentAssetsMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateSwapMember2022-09-300001551152us-gaap:PrepaidExpensesAndOtherCurrentAssetsMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateSwapMember2021-12-310001551152us-gaap:AccountsPayableAndAccruedLiabilitiesMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateSwapMember2022-09-300001551152us-gaap:AccountsPayableAndAccruedLiabilitiesMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateSwapMember2021-12-310001551152us-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentAssetsMemberus-gaap:InterestRateSwapMember2022-09-300001551152us-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentAssetsMemberus-gaap:InterestRateSwapMember2021-12-310001551152us-gaap:OtherLiabilitiesMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateSwapMember2022-09-300001551152us-gaap:OtherLiabilitiesMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateSwapMember2021-12-310001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMember2022-07-012022-09-300001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMember2021-07-012021-09-300001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMember2022-01-012022-09-300001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMember2021-01-012021-09-300001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateSwapMember2022-07-012022-09-300001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateSwapMember2021-07-012021-09-300001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateSwapMember2022-01-012022-09-300001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateSwapMember2021-01-012021-09-300001551152us-gaap:CostOfSalesMember2022-09-300001551152us-gaap:InterestExpenseMember2022-09-300001551152us-gaap:SeniorNotesMemberus-gaap:DesignatedAsHedgingInstrumentMember2022-07-012022-09-300001551152us-gaap:SeniorNotesMemberus-gaap:DesignatedAsHedgingInstrumentMember2022-01-012022-09-300001551152us-gaap:SeniorNotesMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-07-012021-09-300001551152us-gaap:SeniorNotesMemberus-gaap:DesignatedAsHedgingInstrumentMember2021-01-012021-09-300001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMemberus-gaap:CashFlowHedgingMember2022-07-012022-09-300001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMemberus-gaap:CashFlowHedgingMember2021-07-012021-09-300001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMemberus-gaap:CashFlowHedgingMember2021-01-012021-09-300001551152us-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMember2022-01-012022-09-300001551152us-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMember2021-01-012021-09-300001551152us-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMember2022-07-012022-09-300001551152us-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:ForeignExchangeForwardMember2021-07-012021-09-300001551152us-gaap:NondesignatedMemberus-gaap:ForeignExchangeForwardMember2021-07-012021-09-300001551152us-gaap:NondesignatedMemberus-gaap:ForeignExchangeForwardMember2022-01-012022-09-300001551152us-gaap:NondesignatedMemberus-gaap:ForeignExchangeForwardMember2022-07-012022-09-300001551152us-gaap:NondesignatedMemberus-gaap:ForeignExchangeForwardMember2021-01-012021-09-300001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMemberus-gaap:TreasuryLockMember2022-07-012022-09-300001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMemberus-gaap:TreasuryLockMember2021-07-012021-09-300001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMemberus-gaap:TreasuryLockMember2022-01-012022-09-300001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMemberus-gaap:TreasuryLockMember2021-01-012021-09-300001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMemberus-gaap:InterestRateSwapMember2021-07-012021-09-300001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMemberus-gaap:InterestRateSwapMember2022-01-012022-09-300001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMemberus-gaap:InterestRateSwapMember2022-07-012022-09-300001551152us-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:CashFlowHedgingMemberus-gaap:InterestRateSwapMember2021-01-012021-09-300001551152us-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateSwapMember2021-01-012021-09-300001551152us-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateSwapMember2022-01-012022-09-300001551152us-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateSwapMember2022-07-012022-09-300001551152us-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:InterestRateSwapMember2021-07-012021-09-300001551152us-gaap:FairValueHedgingMemberus-gaap:InterestExpenseMember2022-07-012022-09-300001551152us-gaap:FairValueHedgingMemberus-gaap:InterestExpenseMember2021-07-012021-09-300001551152us-gaap:FairValueHedgingMemberus-gaap:InterestExpenseMember2022-01-012022-09-300001551152us-gaap:FairValueHedgingMemberus-gaap:InterestExpenseMember2021-01-012021-09-300001551152us-gaap:FairValueMeasurementsRecurringMember2022-09-300001551152us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2022-09-300001551152us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2022-09-300001551152us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2022-09-300001551152us-gaap:MoneyMarketFundsMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300001551152us-gaap:MoneyMarketFundsMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2022-09-300001551152us-gaap:MoneyMarketFundsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2022-09-300001551152us-gaap:MoneyMarketFundsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2022-09-300001551152us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForeignExchangeContractMember2022-09-300001551152us-gaap:FairValueInputsLevel1Memberus-gaap:ForeignExchangeContractMemberus-gaap:FairValueMeasurementsRecurringMember2022-09-300001551152us-gaap:ForeignExchangeContractMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2022-09-300001551152us-gaap:ForeignExchangeContractMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2022-09-300001551152us-gaap:FairValueMeasurementsRecurringMember2021-12-310001551152us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001551152us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2021-12-310001551152us-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2021-12-310001551152us-gaap:MoneyMarketFundsMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001551152us-gaap:MoneyMarketFundsMemberus-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001551152us-gaap:MoneyMarketFundsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2021-12-310001551152us-gaap:MoneyMarketFundsMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2021-12-310001551152us-gaap:FairValueMeasurementsRecurringMemberus-gaap:ForeignExchangeContractMember2021-12-310001551152us-gaap:FairValueInputsLevel1Memberus-gaap:ForeignExchangeContractMemberus-gaap:FairValueMeasurementsRecurringMember2021-12-310001551152us-gaap:ForeignExchangeContractMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel2Member2021-12-310001551152us-gaap:ForeignExchangeContractMemberus-gaap:FairValueMeasurementsRecurringMemberus-gaap:FairValueInputsLevel3Member2021-12-310001551152srt:MinimumMemberus-gaap:MeasurementInputDiscountRateMember2022-09-300001551152srt:MaximumMemberus-gaap:MeasurementInputDiscountRateMember2022-09-300001551152srt:WeightedAverageMemberus-gaap:MeasurementInputDiscountRateMember2022-09-300001551152srt:MinimumMemberus-gaap:MeasurementInputDiscountRateMember2021-12-310001551152srt:MaximumMemberus-gaap:MeasurementInputDiscountRateMember2021-12-310001551152srt:WeightedAverageMemberus-gaap:MeasurementInputDiscountRateMember2021-12-310001551152abbv:ProbabilityofPaymentforUnachievedMilestonesMembersrt:MinimumMember2022-09-300001551152abbv:ProbabilityofPaymentforUnachievedMilestonesMembersrt:MaximumMember2022-09-300001551152abbv:ProbabilityofPaymentforUnachievedMilestonesMembersrt:WeightedAverageMember2022-09-300001551152abbv:ProbabilityofPaymentforUnachievedMilestonesMembersrt:MinimumMember2021-12-310001551152abbv:ProbabilityofPaymentforUnachievedMilestonesMembersrt:MaximumMember2021-12-310001551152abbv:ProbabilityofPaymentforUnachievedMilestonesMembersrt:WeightedAverageMember2021-12-310001551152srt:MinimumMemberabbv:ProbabilityofPaymentforRoyaltiesbyIndicationMember2022-09-300001551152abbv:ProbabilityofPaymentforRoyaltiesbyIndicationMembersrt:MaximumMember2022-09-300001551152srt:WeightedAverageMemberabbv:ProbabilityofPaymentforRoyaltiesbyIndicationMember2022-09-300001551152srt:MinimumMemberabbv:ProbabilityofPaymentforRoyaltiesbyIndicationMember2021-12-310001551152abbv:ProbabilityofPaymentforRoyaltiesbyIndicationMembersrt:MaximumMember2021-12-310001551152srt:WeightedAverageMemberabbv:ProbabilityofPaymentforRoyaltiesbyIndicationMember2021-12-310001551152abbv:ProjectedYearofPaymentsMembersrt:MinimumMember2022-09-300001551152abbv:ProjectedYearofPaymentsMembersrt:MaximumMember2022-09-300001551152srt:WeightedAverageMemberabbv:ProjectedYearofPaymentsMember2022-09-300001551152abbv:ProjectedYearofPaymentsMembersrt:MinimumMember2021-12-310001551152abbv:ProjectedYearofPaymentsMembersrt:MaximumMember2021-12-310001551152srt:WeightedAverageMemberabbv:ProjectedYearofPaymentsMember2021-12-310001551152srt:MinimumMemberabbv:ProbabilityofPaymentforRoyaltiesExcludingApprovedIndicationsMember2021-12-310001551152srt:MinimumMemberabbv:ProbabilityofPaymentforRoyaltiesExcludingApprovedIndicationsMember2022-09-300001551152abbv:ProbabilityofPaymentforRoyaltiesExcludingApprovedIndicationsMembersrt:MaximumMember2022-09-300001551152abbv:ProbabilityofPaymentforRoyaltiesExcludingApprovedIndicationsMembersrt:MaximumMember2021-12-310001551152us-gaap:CarryingReportedAmountFairValueDisclosureMember2022-09-300001551152us-gaap:EstimateOfFairValueFairValueDisclosureMember2022-09-300001551152us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel1Member2022-09-300001551152us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2022-09-300001551152us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel3Member2022-09-300001551152us-gaap:FairValueInputsLevel1Member2022-09-300001551152us-gaap:CarryingReportedAmountFairValueDisclosureMember2021-12-310001551152us-gaap:EstimateOfFairValueFairValueDisclosureMember2021-12-310001551152us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel1Member2021-12-310001551152us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel2Member2021-12-310001551152us-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:FairValueInputsLevel3Member2021-12-310001551152us-gaap:FairValueInputsLevel1Member2021-12-310001551152us-gaap:AccountsReceivableMember2022-01-012022-09-30abbv:wholesaler0001551152us-gaap:AccountsReceivableMemberabbv:PrincipalUSCustomersMemberus-gaap:GeographicConcentrationRiskMember2022-01-012022-09-300001551152us-gaap:AccountsReceivableMemberabbv:PrincipalUSCustomersMemberus-gaap:GeographicConcentrationRiskMember2021-01-012021-12-310001551152abbv:HUMIRAMemberus-gaap:ProductConcentrationRiskMemberus-gaap:SalesRevenueNetMember2022-01-012022-09-300001551152abbv:HUMIRAMemberus-gaap:ProductConcentrationRiskMemberus-gaap:SalesRevenueNetMember2021-01-012021-09-300001551152abbv:SeniorNotesDue2022At3.450PercentMemberus-gaap:SeniorNotesMember2022-01-012022-01-310001551152abbv:SeniorNotesDue2022At3.450PercentMemberus-gaap:SeniorNotesMember2022-01-310001551152us-gaap:LoansPayableMemberabbv:FloatingRateTermLoanTrancheDueMay2025Member2022-02-280001551152us-gaap:LoansPayableMemberabbv:FloatingRateTermLoanTrancheDueMay2025Member2022-02-012022-02-280001551152us-gaap:LoansPayableMemberabbv:FloatingRateTermLoanTrancheDueMay2025RefinancedMember2022-02-280001551152us-gaap:SeniorNotesMemberabbv:SeniorNotesDue2022At3.250PercentMember2022-07-012022-07-310001551152us-gaap:SeniorNotesMemberabbv:SeniorNotesDue2022At3.250PercentMember2022-07-310001551152us-gaap:SeniorNotesMemberabbv:SeniorNotesDue2022At320PercentMember2022-09-012022-09-300001551152us-gaap:SeniorNotesMemberabbv:SeniorNotesDue2022At320PercentMember2022-09-300001551152abbv:SeniorNotes2.30PercentDue2021Memberus-gaap:SeniorNotesMember2021-04-012021-04-300001551152abbv:SeniorNotes2.30PercentDue2021Memberus-gaap:SeniorNotesMember2021-04-300001551152us-gaap:SeniorNotesMemberabbv:SeniorEuroNotesDue2021At0.500PercentMember2021-05-012021-05-310001551152us-gaap:SeniorNotesMemberabbv:SeniorEuroNotesDue2021At0.500PercentMember2021-05-310001551152us-gaap:SeniorNotesMemberabbv:SeniorNotesDueInMay2021AtFloatingRatesMember2021-05-012021-05-310001551152abbv:FloatingRateTermLoanTrancheDueMay2023Memberus-gaap:LoansPayableMember2021-09-300001551152abbv:FloatingRateTermLoanTrancheDueMay2023Memberus-gaap:LoansPayableMember2021-09-012021-09-300001551152abbv:FloatingRateTermLoanTrancheDueMay2023RefinancedMemberus-gaap:LoansPayableMember2021-09-300001551152abbv:SeniorNotesDue2021At5.000PercentMemberus-gaap:SeniorNotesMember2021-09-012021-09-300001551152abbv:SeniorNotesDue2021At5.000PercentMemberus-gaap:SeniorNotesMember2021-09-300001551152us-gaap:PensionPlansDefinedBenefitMember2022-07-012022-09-300001551152us-gaap:PensionPlansDefinedBenefitMember2021-07-012021-09-300001551152us-gaap:PensionPlansDefinedBenefitMember2022-01-012022-09-300001551152us-gaap:PensionPlansDefinedBenefitMember2021-01-012021-09-300001551152us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2022-07-012022-09-300001551152us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2021-07-012021-09-300001551152us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2022-01-012022-09-300001551152us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember2021-01-012021-09-300001551152us-gaap:CostOfSalesMember2022-07-012022-09-300001551152us-gaap:CostOfSalesMember2021-07-012021-09-300001551152us-gaap:CostOfSalesMember2022-01-012022-09-300001551152us-gaap:CostOfSalesMember2021-01-012021-09-300001551152us-gaap:ResearchAndDevelopmentExpenseMember2022-07-012022-09-300001551152us-gaap:ResearchAndDevelopmentExpenseMember2021-07-012021-09-300001551152us-gaap:ResearchAndDevelopmentExpenseMember2022-01-012022-09-300001551152us-gaap:ResearchAndDevelopmentExpenseMember2021-01-012021-09-300001551152us-gaap:SellingGeneralAndAdministrativeExpensesMember2022-07-012022-09-300001551152us-gaap:SellingGeneralAndAdministrativeExpensesMember2021-07-012021-09-300001551152us-gaap:SellingGeneralAndAdministrativeExpensesMember2022-01-012022-09-300001551152us-gaap:SellingGeneralAndAdministrativeExpensesMember2021-01-012021-09-300001551152us-gaap:EmployeeStockOptionMember2022-01-012022-09-300001551152us-gaap:EmployeeStockOptionMember2022-09-300001551152abbv:RestrictedStockUnitsAndPerformanceSharesMember2022-01-012022-09-300001551152abbv:RestrictedStockUnitsAndPerformanceSharesMember2022-09-300001551152us-gaap:SubsequentEventMember2022-10-282022-10-2800015511522021-10-292021-10-2900015511522022-09-092022-09-0900015511522021-09-102021-09-1000015511522022-06-232022-06-2300015511522021-06-172021-06-1700015511522022-02-172022-02-1700015511522021-02-182021-02-180001551152abbv:December2018StockRepurchaseAuthorizationMember2022-01-012022-09-300001551152abbv:December2018StockRepurchaseAuthorizationMember2021-01-012021-09-300001551152us-gaap:AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember2021-12-310001551152abbv:AccumulatedNetGainLossFromNetInvestmentHedgesMember2021-12-310001551152us-gaap:AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember2021-12-310001551152us-gaap:AccumulatedGainLossCashFlowHedgeIncludingNoncontrollingInterestMember2021-12-310001551152us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember2021-12-310001551152us-gaap:AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember2022-01-012022-09-300001551152abbv:AccumulatedNetGainLossFromNetInvestmentHedgesMember2022-01-012022-09-300001551152us-gaap:AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember2022-01-012022-09-300001551152us-gaap:AccumulatedGainLossCashFlowHedgeIncludingNoncontrollingInterestMember2022-01-012022-09-300001551152us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember2022-01-012022-09-300001551152us-gaap:AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember2022-09-300001551152abbv:AccumulatedNetGainLossFromNetInvestmentHedgesMember2022-09-300001551152us-gaap:AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember2022-09-300001551152us-gaap:AccumulatedGainLossCashFlowHedgeIncludingNoncontrollingInterestMember2022-09-300001551152us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember2022-09-300001551152us-gaap:AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember2020-12-310001551152abbv:AccumulatedNetGainLossFromNetInvestmentHedgesMember2020-12-310001551152us-gaap:AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember2020-12-310001551152us-gaap:AccumulatedGainLossCashFlowHedgeIncludingNoncontrollingInterestMember2020-12-310001551152us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember2020-12-310001551152us-gaap:AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember2021-01-012021-09-300001551152abbv:AccumulatedNetGainLossFromNetInvestmentHedgesMember2021-01-012021-09-300001551152us-gaap:AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember2021-01-012021-09-300001551152us-gaap:AccumulatedGainLossCashFlowHedgeIncludingNoncontrollingInterestMember2021-01-012021-09-300001551152us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember2021-01-012021-09-300001551152us-gaap:AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember2021-09-300001551152abbv:AccumulatedNetGainLossFromNetInvestmentHedgesMember2021-09-300001551152us-gaap:AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember2021-09-300001551152us-gaap:AccumulatedGainLossCashFlowHedgeIncludingNoncontrollingInterestMember2021-09-300001551152us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember2021-09-300001551152us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:NetInvestmentHedgingMemberus-gaap:AociDerivativeQualifyingAsHedgeExcludedComponentParentMember2022-07-012022-09-300001551152us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:NetInvestmentHedgingMemberus-gaap:AociDerivativeQualifyingAsHedgeExcludedComponentParentMember2021-07-012021-09-300001551152us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:NetInvestmentHedgingMemberus-gaap:AociDerivativeQualifyingAsHedgeExcludedComponentParentMember2022-01-012022-09-300001551152us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:NetInvestmentHedgingMemberus-gaap:AociDerivativeQualifyingAsHedgeExcludedComponentParentMember2021-01-012021-09-300001551152us-gaap:AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember2022-07-012022-09-300001551152us-gaap:AccumulatedDefinedBenefitPlansAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember2021-07-012021-09-300001551152us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:ForeignExchangeForwardMemberus-gaap:AccumulatedGainLossCashFlowHedgeIncludingNoncontrollingInterestMember2022-07-012022-09-300001551152us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:ForeignExchangeForwardMemberus-gaap:AccumulatedGainLossCashFlowHedgeIncludingNoncontrollingInterestMember2021-07-012021-09-300001551152us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:ForeignExchangeForwardMemberus-gaap:AccumulatedGainLossCashFlowHedgeIncludingNoncontrollingInterestMember2022-01-012022-09-300001551152us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:ForeignExchangeForwardMemberus-gaap:AccumulatedGainLossCashFlowHedgeIncludingNoncontrollingInterestMember2021-01-012021-09-300001551152us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:TreasuryLockMemberus-gaap:AccumulatedGainLossCashFlowHedgeIncludingNoncontrollingInterestMember2022-07-012022-09-300001551152us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:TreasuryLockMemberus-gaap:AccumulatedGainLossCashFlowHedgeIncludingNoncontrollingInterestMember2021-07-012021-09-300001551152us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:TreasuryLockMemberus-gaap:AccumulatedGainLossCashFlowHedgeIncludingNoncontrollingInterestMember2022-01-012022-09-300001551152us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:TreasuryLockMemberus-gaap:AccumulatedGainLossCashFlowHedgeIncludingNoncontrollingInterestMember2021-01-012021-09-300001551152us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:InterestRateSwapMemberus-gaap:AccumulatedGainLossCashFlowHedgeIncludingNoncontrollingInterestMember2022-07-012022-09-300001551152us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:InterestRateSwapMemberus-gaap:AccumulatedGainLossCashFlowHedgeIncludingNoncontrollingInterestMember2021-07-012021-09-300001551152us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:InterestRateSwapMemberus-gaap:AccumulatedGainLossCashFlowHedgeIncludingNoncontrollingInterestMember2022-01-012022-09-300001551152us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:InterestRateSwapMemberus-gaap:AccumulatedGainLossCashFlowHedgeIncludingNoncontrollingInterestMember2021-01-012021-09-300001551152us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedGainLossCashFlowHedgeIncludingNoncontrollingInterestMember2022-07-012022-09-300001551152us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedGainLossCashFlowHedgeIncludingNoncontrollingInterestMember2021-07-012021-09-300001551152us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedGainLossCashFlowHedgeIncludingNoncontrollingInterestMember2022-01-012022-09-300001551152us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMemberus-gaap:AccumulatedGainLossCashFlowHedgeIncludingNoncontrollingInterestMember2021-01-012021-09-300001551152abbv:NiaspanMember2022-01-012022-09-30abbv:lawsuitabbv:class_actionabbv:direct_purchaserabbv:end_payor_purchaser0001551152abbv:AndroGelAntitrustLitigationKingDrugCoOfFlorenceIncEtAlVAbbVieIncEtAlMember2019-08-012019-08-31abbv:company0001551152abbv:HumiraAntitrustLitigationInReHumiraAdalimumabAntitrustLitigationMember2019-03-012019-05-310001551152abbv:BystolicAntitrustLitigationMember2022-01-012022-09-300001551152abbv:PrescriptionDrugAbuseLitigationMember2022-09-30abbv:claim0001551152abbv:PrescriptionDrugAbuseLitigationInStateCourtsMember2022-09-300001551152us-gaap:SellingGeneralAndAdministrativeExpensesMemberabbv:PrescriptionDrugAbuseLitigationInStateCourtsMember2022-09-300001551152abbv:ElliottAssociatesL.P.Member2016-06-012016-06-30abbv:investment_fund0001551152abbv:ElliottAssociatesL.P.Member2022-02-012022-02-280001551152abbv:ElliottAssociatesL.P.Member2022-01-012022-01-310001551152abbv:ImmunologyMemberabbv:HUMIRAMembercountry:US2022-07-012022-09-300001551152abbv:ImmunologyMemberabbv:HUMIRAMembercountry:US2021-07-012021-09-300001551152abbv:ImmunologyMemberabbv:HUMIRAMembercountry:US2022-01-012022-09-300001551152abbv:ImmunologyMemberabbv:HUMIRAMembercountry:US2021-01-012021-09-300001551152abbv:ImmunologyMemberabbv:HUMIRAMemberus-gaap:NonUsMember2022-07-012022-09-300001551152abbv:ImmunologyMemberabbv:HUMIRAMemberus-gaap:NonUsMember2021-07-012021-09-300001551152abbv:ImmunologyMemberabbv:HUMIRAMemberus-gaap:NonUsMember2022-01-012022-09-300001551152abbv:ImmunologyMemberabbv:HUMIRAMemberus-gaap:NonUsMember2021-01-012021-09-300001551152abbv:ImmunologyMemberabbv:HUMIRAMember2022-07-012022-09-300001551152abbv:ImmunologyMemberabbv:HUMIRAMember2021-07-012021-09-300001551152abbv:ImmunologyMemberabbv:HUMIRAMember2022-01-012022-09-300001551152abbv:ImmunologyMemberabbv:HUMIRAMember2021-01-012021-09-300001551152abbv:ImmunologyMembercountry:USabbv:SKYRIZIMember2022-07-012022-09-300001551152abbv:ImmunologyMembercountry:USabbv:SKYRIZIMember2021-07-012021-09-300001551152abbv:ImmunologyMembercountry:USabbv:SKYRIZIMember2022-01-012022-09-300001551152abbv:ImmunologyMembercountry:USabbv:SKYRIZIMember2021-01-012021-09-300001551152abbv:ImmunologyMemberabbv:SKYRIZIMemberus-gaap:NonUsMember2022-07-012022-09-300001551152abbv:ImmunologyMemberabbv:SKYRIZIMemberus-gaap:NonUsMember2021-07-012021-09-300001551152abbv:ImmunologyMemberabbv:SKYRIZIMemberus-gaap:NonUsMember2022-01-012022-09-300001551152abbv:ImmunologyMemberabbv:SKYRIZIMemberus-gaap:NonUsMember2021-01-012021-09-300001551152abbv:ImmunologyMemberabbv:SKYRIZIMember2022-07-012022-09-300001551152abbv:ImmunologyMemberabbv:SKYRIZIMember2021-07-012021-09-300001551152abbv:ImmunologyMemberabbv:SKYRIZIMember2022-01-012022-09-300001551152abbv:ImmunologyMemberabbv:SKYRIZIMember2021-01-012021-09-300001551152abbv:ImmunologyMemberabbv:RINVOQMembercountry:US2022-07-012022-09-300001551152abbv:ImmunologyMemberabbv:RINVOQMembercountry:US2021-07-012021-09-300001551152abbv:ImmunologyMemberabbv:RINVOQMembercountry:US2022-01-012022-09-300001551152abbv:ImmunologyMemberabbv:RINVOQMembercountry:US2021-01-012021-09-300001551152abbv:ImmunologyMemberabbv:RINVOQMemberus-gaap:NonUsMember2022-07-012022-09-300001551152abbv:ImmunologyMemberabbv:RINVOQMemberus-gaap:NonUsMember2021-07-012021-09-300001551152abbv:ImmunologyMemberabbv:RINVOQMemberus-gaap:NonUsMember2022-01-012022-09-300001551152abbv:ImmunologyMemberabbv:RINVOQMemberus-gaap:NonUsMember2021-01-012021-09-300001551152abbv:ImmunologyMemberabbv:RINVOQMember2022-07-012022-09-300001551152abbv:ImmunologyMemberabbv:RINVOQMember2021-07-012021-09-300001551152abbv:ImmunologyMemberabbv:RINVOQMember2022-01-012022-09-300001551152abbv:ImmunologyMemberabbv:RINVOQMember2021-01-012021-09-300001551152abbv:ImbruvicaMemberabbv:HematologicOncologyMembercountry:US2022-07-012022-09-300001551152abbv:ImbruvicaMemberabbv:HematologicOncologyMembercountry:US2021-07-012021-09-300001551152abbv:ImbruvicaMemberabbv:HematologicOncologyMembercountry:US2022-01-012022-09-300001551152abbv:ImbruvicaMemberabbv:HematologicOncologyMembercountry:US2021-01-012021-09-300001551152abbv:ImbruvicaMemberabbv:HematologicOncologyMemberus-gaap:NonUsMember2022-07-012022-09-300001551152abbv:ImbruvicaMemberabbv:HematologicOncologyMemberus-gaap:NonUsMember2021-07-012021-09-300001551152abbv:ImbruvicaMemberabbv:HematologicOncologyMemberus-gaap:NonUsMember2022-01-012022-09-300001551152abbv:ImbruvicaMemberabbv:HematologicOncologyMemberus-gaap:NonUsMember2021-01-012021-09-300001551152abbv:ImbruvicaMemberabbv:HematologicOncologyMember2022-07-012022-09-300001551152abbv:ImbruvicaMemberabbv:HematologicOncologyMember2021-07-012021-09-300001551152abbv:ImbruvicaMemberabbv:HematologicOncologyMember2022-01-012022-09-300001551152abbv:ImbruvicaMemberabbv:HematologicOncologyMember2021-01-012021-09-300001551152abbv:HematologicOncologyMemberabbv:VENCLEXTAMembercountry:US2022-07-012022-09-300001551152abbv:HematologicOncologyMemberabbv:VENCLEXTAMembercountry:US2021-07-012021-09-300001551152abbv:HematologicOncologyMemberabbv:VENCLEXTAMembercountry:US2022-01-012022-09-300001551152abbv:HematologicOncologyMemberabbv:VENCLEXTAMembercountry:US2021-01-012021-09-300001551152abbv:HematologicOncologyMemberabbv:VENCLEXTAMemberus-gaap:NonUsMember2022-07-012022-09-300001551152abbv:HematologicOncologyMemberabbv:VENCLEXTAMemberus-gaap:NonUsMember2021-07-012021-09-300001551152abbv:HematologicOncologyMemberabbv:VENCLEXTAMemberus-gaap:NonUsMember2022-01-012022-09-300001551152abbv:HematologicOncologyMemberabbv:VENCLEXTAMemberus-gaap:NonUsMember2021-01-012021-09-300001551152abbv:HematologicOncologyMemberabbv:VENCLEXTAMember2022-07-012022-09-300001551152abbv:HematologicOncologyMemberabbv:VENCLEXTAMember2021-07-012021-09-300001551152abbv:HematologicOncologyMemberabbv:VENCLEXTAMember2022-01-012022-09-300001551152abbv:HematologicOncologyMemberabbv:VENCLEXTAMember2021-01-012021-09-300001551152abbv:BotoxCosmeticMemberabbv:AestheticsMembercountry:US2022-07-012022-09-300001551152abbv:BotoxCosmeticMemberabbv:AestheticsMembercountry:US2021-07-012021-09-300001551152abbv:BotoxCosmeticMemberabbv:AestheticsMembercountry:US2022-01-012022-09-300001551152abbv:BotoxCosmeticMemberabbv:AestheticsMembercountry:US2021-01-012021-09-300001551152abbv:BotoxCosmeticMemberabbv:AestheticsMemberus-gaap:NonUsMember2022-07-012022-09-300001551152abbv:BotoxCosmeticMemberabbv:AestheticsMemberus-gaap:NonUsMember2021-07-012021-09-300001551152abbv:BotoxCosmeticMemberabbv:AestheticsMemberus-gaap:NonUsMember2022-01-012022-09-300001551152abbv:BotoxCosmeticMemberabbv:AestheticsMemberus-gaap:NonUsMember2021-01-012021-09-300001551152abbv:BotoxCosmeticMemberabbv:AestheticsMember2022-07-012022-09-300001551152abbv:BotoxCosmeticMemberabbv:AestheticsMember2021-07-012021-09-300001551152abbv:BotoxCosmeticMemberabbv:AestheticsMember2022-01-012022-09-300001551152abbv:BotoxCosmeticMemberabbv:AestheticsMember2021-01-012021-09-300001551152abbv:AestheticsMemberabbv:JuvedermCollectionMembercountry:US2022-07-012022-09-300001551152abbv:AestheticsMemberabbv:JuvedermCollectionMembercountry:US2021-07-012021-09-300001551152abbv:AestheticsMemberabbv:JuvedermCollectionMembercountry:US2022-01-012022-09-300001551152abbv:AestheticsMemberabbv:JuvedermCollectionMembercountry:US2021-01-012021-09-300001551152abbv:AestheticsMemberabbv:JuvedermCollectionMemberus-gaap:NonUsMember2022-07-012022-09-300001551152abbv:AestheticsMemberabbv:JuvedermCollectionMemberus-gaap:NonUsMember2021-07-012021-09-300001551152abbv:AestheticsMemberabbv:JuvedermCollectionMemberus-gaap:NonUsMember2022-01-012022-09-300001551152abbv:AestheticsMemberabbv:JuvedermCollectionMemberus-gaap:NonUsMember2021-01-012021-09-300001551152abbv:AestheticsMemberabbv:JuvedermCollectionMember2022-07-012022-09-300001551152abbv:AestheticsMemberabbv:JuvedermCollectionMember2021-07-012021-09-300001551152abbv:AestheticsMemberabbv:JuvedermCollectionMember2022-01-012022-09-300001551152abbv:AestheticsMemberabbv:JuvedermCollectionMember2021-01-012021-09-300001551152abbv:OtherAestheticsMemberabbv:AestheticsMembercountry:US2022-07-012022-09-300001551152abbv:OtherAestheticsMemberabbv:AestheticsMembercountry:US2021-07-012021-09-300001551152abbv:OtherAestheticsMemberabbv:AestheticsMembercountry:US2022-01-012022-09-300001551152abbv:OtherAestheticsMemberabbv:AestheticsMembercountry:US2021-01-012021-09-300001551152abbv:OtherAestheticsMemberabbv:AestheticsMemberus-gaap:NonUsMember2022-07-012022-09-300001551152abbv:OtherAestheticsMemberabbv:AestheticsMemberus-gaap:NonUsMember2021-07-012021-09-300001551152abbv:OtherAestheticsMemberabbv:AestheticsMemberus-gaap:NonUsMember2022-01-012022-09-300001551152abbv:OtherAestheticsMemberabbv:AestheticsMemberus-gaap:NonUsMember2021-01-012021-09-300001551152abbv:OtherAestheticsMemberabbv:AestheticsMember2022-07-012022-09-300001551152abbv:OtherAestheticsMemberabbv:AestheticsMember2021-07-012021-09-300001551152abbv:OtherAestheticsMemberabbv:AestheticsMember2022-01-012022-09-300001551152abbv:OtherAestheticsMemberabbv:AestheticsMember2021-01-012021-09-300001551152abbv:BotoxTherapeuticMemberabbv:NeuroscienceMembercountry:US2022-07-012022-09-300001551152abbv:BotoxTherapeuticMemberabbv:NeuroscienceMembercountry:US2021-07-012021-09-300001551152abbv:BotoxTherapeuticMemberabbv:NeuroscienceMembercountry:US2022-01-012022-09-300001551152abbv:BotoxTherapeuticMemberabbv:NeuroscienceMembercountry:US2021-01-012021-09-300001551152abbv:BotoxTherapeuticMemberabbv:NeuroscienceMemberus-gaap:NonUsMember2022-07-012022-09-300001551152abbv:BotoxTherapeuticMemberabbv:NeuroscienceMemberus-gaap:NonUsMember2021-07-012021-09-300001551152abbv:BotoxTherapeuticMemberabbv:NeuroscienceMemberus-gaap:NonUsMember2022-01-012022-09-300001551152abbv:BotoxTherapeuticMemberabbv:NeuroscienceMemberus-gaap:NonUsMember2021-01-012021-09-300001551152abbv:BotoxTherapeuticMemberabbv:NeuroscienceMember2022-07-012022-09-300001551152abbv:BotoxTherapeuticMemberabbv:NeuroscienceMember2021-07-012021-09-300001551152abbv:BotoxTherapeuticMemberabbv:NeuroscienceMember2022-01-012022-09-300001551152abbv:BotoxTherapeuticMemberabbv:NeuroscienceMember2021-01-012021-09-300001551152abbv:VraylarMemberabbv:NeuroscienceMembercountry:US2022-07-012022-09-300001551152abbv:VraylarMemberabbv:NeuroscienceMembercountry:US2021-07-012021-09-300001551152abbv:VraylarMemberabbv:NeuroscienceMembercountry:US2022-01-012022-09-300001551152abbv:VraylarMemberabbv:NeuroscienceMembercountry:US2021-01-012021-09-300001551152abbv:DuodopaMemberabbv:NeuroscienceMembercountry:US2022-07-012022-09-300001551152abbv:DuodopaMemberabbv:NeuroscienceMembercountry:US2021-07-012021-09-300001551152abbv:DuodopaMemberabbv:NeuroscienceMembercountry:US2022-01-012022-09-300001551152abbv:DuodopaMemberabbv:NeuroscienceMembercountry:US2021-01-012021-09-300001551152abbv:DuodopaMemberabbv:NeuroscienceMemberus-gaap:NonUsMember2022-07-012022-09-300001551152abbv:DuodopaMemberabbv:NeuroscienceMemberus-gaap:NonUsMember2021-07-012021-09-300001551152abbv:DuodopaMemberabbv:NeuroscienceMemberus-gaap:NonUsMember2022-01-012022-09-300001551152abbv:DuodopaMemberabbv:NeuroscienceMemberus-gaap:NonUsMember2021-01-012021-09-300001551152abbv:DuodopaMemberabbv:NeuroscienceMember2022-07-012022-09-300001551152abbv:DuodopaMemberabbv:NeuroscienceMember2021-07-012021-09-300001551152abbv:DuodopaMemberabbv:NeuroscienceMember2022-01-012022-09-300001551152abbv:DuodopaMemberabbv:NeuroscienceMember2021-01-012021-09-300001551152abbv:UbrelvyMemberabbv:NeuroscienceMembercountry:US2022-07-012022-09-300001551152abbv:UbrelvyMemberabbv:NeuroscienceMembercountry:US2021-07-012021-09-300001551152abbv:UbrelvyMemberabbv:NeuroscienceMembercountry:US2022-01-012022-09-300001551152abbv:UbrelvyMemberabbv:NeuroscienceMembercountry:US2021-01-012021-09-300001551152abbv:NeuroscienceMembercountry:USabbv:QuliptaMember2022-07-012022-09-300001551152abbv:NeuroscienceMembercountry:USabbv:QuliptaMember2021-07-012021-09-300001551152abbv:NeuroscienceMembercountry:USabbv:QuliptaMember2022-01-012022-09-300001551152abbv:NeuroscienceMembercountry:USabbv:QuliptaMember2021-01-012021-09-300001551152abbv:NeuroscienceMemberabbv:OtherNeuroscienceMembercountry:US2022-07-012022-09-300001551152abbv:NeuroscienceMemberabbv:OtherNeuroscienceMembercountry:US2021-07-012021-09-300001551152abbv:NeuroscienceMemberabbv:OtherNeuroscienceMembercountry:US2022-01-012022-09-300001551152abbv:NeuroscienceMemberabbv:OtherNeuroscienceMembercountry:US2021-01-012021-09-300001551152abbv:NeuroscienceMemberabbv:OtherNeuroscienceMemberus-gaap:NonUsMember2022-07-012022-09-300001551152abbv:NeuroscienceMemberabbv:OtherNeuroscienceMemberus-gaap:NonUsMember2021-07-012021-09-300001551152abbv:NeuroscienceMemberabbv:OtherNeuroscienceMemberus-gaap:NonUsMember2022-01-012022-09-300001551152abbv:NeuroscienceMemberabbv:OtherNeuroscienceMemberus-gaap:NonUsMember2021-01-012021-09-300001551152abbv:NeuroscienceMemberabbv:OtherNeuroscienceMember2022-07-012022-09-300001551152abbv:NeuroscienceMemberabbv:OtherNeuroscienceMember2021-07-012021-09-300001551152abbv:NeuroscienceMemberabbv:OtherNeuroscienceMember2022-01-012022-09-300001551152abbv:NeuroscienceMemberabbv:OtherNeuroscienceMember2021-01-012021-09-300001551152abbv:EyeCareMembercountry:USabbv:LumiganGanfortMember2022-07-012022-09-300001551152abbv:EyeCareMembercountry:USabbv:LumiganGanfortMember2021-07-012021-09-300001551152abbv:EyeCareMembercountry:USabbv:LumiganGanfortMember2022-01-012022-09-300001551152abbv:EyeCareMembercountry:USabbv:LumiganGanfortMember2021-01-012021-09-300001551152abbv:EyeCareMemberabbv:LumiganGanfortMemberus-gaap:NonUsMember2022-07-012022-09-300001551152abbv:EyeCareMemberabbv:LumiganGanfortMemberus-gaap:NonUsMember2021-07-012021-09-300001551152abbv:EyeCareMemberabbv:LumiganGanfortMemberus-gaap:NonUsMember2022-01-012022-09-300001551152abbv:EyeCareMemberabbv:LumiganGanfortMemberus-gaap:NonUsMember2021-01-012021-09-300001551152abbv:EyeCareMemberabbv:LumiganGanfortMember2022-07-012022-09-300001551152abbv:EyeCareMemberabbv:LumiganGanfortMember2021-07-012021-09-300001551152abbv:EyeCareMemberabbv:LumiganGanfortMember2022-01-012022-09-300001551152abbv:EyeCareMemberabbv:LumiganGanfortMember2021-01-012021-09-300001551152abbv:AlphaganCombiganMemberabbv:EyeCareMembercountry:US2022-07-012022-09-300001551152abbv:AlphaganCombiganMemberabbv:EyeCareMembercountry:US2021-07-012021-09-300001551152abbv:AlphaganCombiganMemberabbv:EyeCareMembercountry:US2022-01-012022-09-300001551152abbv:AlphaganCombiganMemberabbv:EyeCareMembercountry:US2021-01-012021-09-300001551152abbv:AlphaganCombiganMemberabbv:EyeCareMemberus-gaap:NonUsMember2022-07-012022-09-300001551152abbv:AlphaganCombiganMemberabbv:EyeCareMemberus-gaap:NonUsMember2021-07-012021-09-300001551152abbv:AlphaganCombiganMemberabbv:EyeCareMemberus-gaap:NonUsMember2022-01-012022-09-300001551152abbv:AlphaganCombiganMemberabbv:EyeCareMemberus-gaap:NonUsMember2021-01-012021-09-300001551152abbv:AlphaganCombiganMemberabbv:EyeCareMember2022-07-012022-09-300001551152abbv:AlphaganCombiganMemberabbv:EyeCareMember2021-07-012021-09-300001551152abbv:AlphaganCombiganMemberabbv:EyeCareMember2022-01-012022-09-300001551152abbv:AlphaganCombiganMemberabbv:EyeCareMember2021-01-012021-09-300001551152abbv:EyeCareMembercountry:USabbv:RestasisMember2022-07-012022-09-300001551152abbv:EyeCareMembercountry:USabbv:RestasisMember2021-07-012021-09-300001551152abbv:EyeCareMembercountry:USabbv:RestasisMember2022-01-012022-09-300001551152abbv:EyeCareMembercountry:USabbv:RestasisMember2021-01-012021-09-300001551152abbv:EyeCareMemberus-gaap:NonUsMemberabbv:RestasisMember2022-07-012022-09-300001551152abbv:EyeCareMemberus-gaap:NonUsMemberabbv:RestasisMember2021-07-012021-09-300001551152abbv:EyeCareMemberus-gaap:NonUsMemberabbv:RestasisMember2022-01-012022-09-300001551152abbv:EyeCareMemberus-gaap:NonUsMemberabbv:RestasisMember2021-01-012021-09-300001551152abbv:EyeCareMemberabbv:RestasisMember2022-07-012022-09-300001551152abbv:EyeCareMemberabbv:RestasisMember2021-07-012021-09-300001551152abbv:EyeCareMemberabbv:RestasisMember2022-01-012022-09-300001551152abbv:EyeCareMemberabbv:RestasisMember2021-01-012021-09-300001551152abbv:OtherEyeCareMemberabbv:EyeCareMembercountry:US2022-07-012022-09-300001551152abbv:OtherEyeCareMemberabbv:EyeCareMembercountry:US2021-07-012021-09-300001551152abbv:OtherEyeCareMemberabbv:EyeCareMembercountry:US2022-01-012022-09-300001551152abbv:OtherEyeCareMemberabbv:EyeCareMembercountry:US2021-01-012021-09-300001551152abbv:OtherEyeCareMemberabbv:EyeCareMemberus-gaap:NonUsMember2022-07-012022-09-300001551152abbv:OtherEyeCareMemberabbv:EyeCareMemberus-gaap:NonUsMember2021-07-012021-09-300001551152abbv:OtherEyeCareMemberabbv:EyeCareMemberus-gaap:NonUsMember2022-01-012022-09-300001551152abbv:OtherEyeCareMemberabbv:EyeCareMemberus-gaap:NonUsMember2021-01-012021-09-300001551152abbv:OtherEyeCareMemberabbv:EyeCareMember2022-07-012022-09-300001551152abbv:OtherEyeCareMemberabbv:EyeCareMember2021-07-012021-09-300001551152abbv:OtherEyeCareMemberabbv:EyeCareMember2022-01-012022-09-300001551152abbv:OtherEyeCareMemberabbv:EyeCareMember2021-01-012021-09-300001551152abbv:OtherKeyProductsMemberabbv:MAVYRETMembercountry:US2022-07-012022-09-300001551152abbv:OtherKeyProductsMemberabbv:MAVYRETMembercountry:US2021-07-012021-09-300001551152abbv:OtherKeyProductsMemberabbv:MAVYRETMembercountry:US2022-01-012022-09-300001551152abbv:OtherKeyProductsMemberabbv:MAVYRETMembercountry:US2021-01-012021-09-300001551152abbv:OtherKeyProductsMemberabbv:MAVYRETMemberus-gaap:NonUsMember2022-07-012022-09-300001551152abbv:OtherKeyProductsMemberabbv:MAVYRETMemberus-gaap:NonUsMember2021-07-012021-09-300001551152abbv:OtherKeyProductsMemberabbv:MAVYRETMemberus-gaap:NonUsMember2022-01-012022-09-300001551152abbv:OtherKeyProductsMemberabbv:MAVYRETMemberus-gaap:NonUsMember2021-01-012021-09-300001551152abbv:OtherKeyProductsMemberabbv:MAVYRETMember2022-07-012022-09-300001551152abbv:OtherKeyProductsMemberabbv:MAVYRETMember2021-07-012021-09-300001551152abbv:OtherKeyProductsMemberabbv:MAVYRETMember2022-01-012022-09-300001551152abbv:OtherKeyProductsMemberabbv:MAVYRETMember2021-01-012021-09-300001551152abbv:OtherKeyProductsMemberabbv:CreonMembercountry:US2022-07-012022-09-300001551152abbv:OtherKeyProductsMemberabbv:CreonMembercountry:US2021-07-012021-09-300001551152abbv:OtherKeyProductsMemberabbv:CreonMembercountry:US2022-01-012022-09-300001551152abbv:OtherKeyProductsMemberabbv:CreonMembercountry:US2021-01-012021-09-300001551152abbv:OtherKeyProductsMemberabbv:LinzessConstellaMembercountry:US2022-07-012022-09-300001551152abbv:OtherKeyProductsMemberabbv:LinzessConstellaMembercountry:US2021-07-012021-09-300001551152abbv:OtherKeyProductsMemberabbv:LinzessConstellaMembercountry:US2022-01-012022-09-300001551152abbv:OtherKeyProductsMemberabbv:LinzessConstellaMembercountry:US2021-01-012021-09-300001551152abbv:OtherKeyProductsMemberabbv:LinzessConstellaMemberus-gaap:NonUsMember2022-07-012022-09-300001551152abbv:OtherKeyProductsMemberabbv:LinzessConstellaMemberus-gaap:NonUsMember2021-07-012021-09-300001551152abbv:OtherKeyProductsMemberabbv:LinzessConstellaMemberus-gaap:NonUsMember2022-01-012022-09-300001551152abbv:OtherKeyProductsMemberabbv:LinzessConstellaMemberus-gaap:NonUsMember2021-01-012021-09-300001551152abbv:OtherKeyProductsMemberabbv:LinzessConstellaMember2022-07-012022-09-300001551152abbv:OtherKeyProductsMemberabbv:LinzessConstellaMember2021-07-012021-09-300001551152abbv:OtherKeyProductsMemberabbv:LinzessConstellaMember2022-01-012022-09-300001551152abbv:OtherKeyProductsMemberabbv:LinzessConstellaMember2021-01-012021-09-300001551152abbv:OtherProductsMember2022-07-012022-09-300001551152abbv:OtherProductsMember2021-07-012021-09-300001551152abbv:OtherProductsMember2022-01-012022-09-300001551152abbv:OtherProductsMember2021-01-012021-09-30abbv:segment
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q
(Mark One)
☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended September 30, 2022
OR
☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from to
Commission File Number: 001-35565
AbbVie Inc. | | | | | | | | |
(Exact name of registrant as specified in its charter) |
Delaware | | 32-0375147 |
(State or other jurisdiction of incorporation or organization) | | (I.R.S. employer identification number) |
1 North Waukegan Road
North Chicago, Illinois 60064-6400
Telephone: (847) 932-7900
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and "emerging growth company" in Rule 12b-2 of the Exchange Act.
| | | | | | | | | | | |
Large Accelerated Filer | ☒ | Accelerated Filer | ☐ |
Non-Accelerated Filer | ☐ | Smaller reporting company | ☐ |
| | Emerging growth company | ☐ |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒
Securities registered pursuant to Section 12(b) of the Act:
| | | | | | | | | | | | | | |
Title of each class | | Trading Symbol(s) | | Name of each exchange on which registered |
Common Stock, par value $0.01 per share | | ABBV | | New York Stock Exchange |
| | | | Chicago Stock Exchange |
1.500% Senior Notes due 2023 | | ABBV23B | | New York Stock Exchange |
1.375% Senior Notes due 2024 | | ABBV24 | | New York Stock Exchange |
1.250% Senior Notes due 2024 | | ABBV24B | | New York Stock Exchange |
0.750% Senior Notes due 2027 | | ABBV27 | | New York Stock Exchange |
2.125% Senior Notes due 2028 | | ABBV28 | | New York Stock Exchange |
2.625% Senior Notes due 2028 | | ABBV28B | | New York Stock Exchange |
2.125% Senior Notes due 2029 | | ABBV29 | | New York Stock Exchange |
1.250% Senior Notes due 2031 | | ABBV31 | | New York Stock Exchange |
As of October 26, 2022, AbbVie Inc. had 1,768,480,508 shares of common stock at $0.01 par value outstanding.
AbbVie Inc. and Subsidiaries
Table of Contents
PART I. FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA AbbVie Inc. and Subsidiaries
Condensed Consolidated Statements of Earnings (unaudited)
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Three months ended September 30, | | Nine months ended September 30, |
(in millions, except per share data) | | 2022 | | 2021 | | 2022 | | 2021 |
Net revenues | | $ | 14,812 | | | $ | 14,342 | | | $ | 42,933 | | | $ | 41,311 | |
| | | | | | | | |
Cost of products sold | | 5,022 | | | 4,390 | | | 13,244 | | | 13,126 | |
Selling, general and administrative | | 3,304 | | | 3,083 | | | 11,843 | | | 9,089 | |
Research and development | | 1,614 | | | 1,661 | | | 4,720 | | | 5,095 | |
Acquired IPR&D and milestones | | 40 | | | 402 | | | 454 | | | 719 | |
Other operating expense, net | | 229 | | | 500 | | | 57 | | | 432 | |
Total operating costs and expenses | | 10,209 | | | 10,036 | | | 30,318 | | | 28,461 | |
Operating earnings | | 4,603 | | | 4,306 | | | 12,615 | | | 12,850 | |
| | | | | | | | |
Interest expense, net | | 497 | | | 585 | | | 1,568 | | | 1,813 | |
Net foreign exchange loss | | 36 | | | 12 | | | 108 | | | 35 | |
Other expense (income), net | | (330) | | | 21 | | | 427 | | | 2,284 | |
Earnings before income tax expense | | 4,400 | | | 3,688 | | | 10,512 | | | 8,718 | |
Income tax expense | | 448 | | | 508 | | | 1,139 | | | 1,214 | |
Net earnings | | 3,952 | | | 3,180 | | | 9,373 | | | 7,504 | |
Net earnings attributable to noncontrolling interest | | 3 | | | 1 | | | 10 | | | 6 | |
Net earnings attributable to AbbVie Inc. | | $ | 3,949 | | | $ | 3,179 | | | $ | 9,363 | | | $ | 7,498 | |
| | | | | | | | |
Per share data | | | | | | | | |
Basic earnings per share attributable to AbbVie Inc. | | $ | 2.22 | | | $ | 1.78 | | | $ | 5.26 | | | $ | 4.21 | |
Diluted earnings per share attributable to AbbVie Inc. | | $ | 2.21 | | | $ | 1.78 | | | $ | 5.24 | | | $ | 4.19 | |
| | | | | | | | |
Weighted-average basic shares outstanding | | 1,771 | | | 1,770 | | | 1,771 | | | 1,769 | |
Weighted-average diluted shares outstanding | | 1,776 | | | 1,777 | | | 1,777 | | | 1,776 | |
The accompanying notes are an integral part of these condensed consolidated financial statements.
| | | | | |
2022 Form 10-Q |  | 1 |
AbbVie Inc. and Subsidiaries
Condensed Consolidated Statements of Comprehensive Income (unaudited)
| | | | | | | | | | | | | | | | | | | | | | | |
| Three months ended September 30, | | Nine months ended September 30, |
(in millions) | 2022 | | 2021 | | 2022 | | 2021 |
Net earnings | $ | 3,952 | | | $ | 3,180 | | | $ | 9,373 | | | $ | 7,504 | |
| | | | | | | |
Foreign currency translation adjustments, net of tax expense (benefit) of $(11) for the three months and $(30) for the nine months ended September 30, 2022 and $(8) for the three months and $(32) for the nine months ended September 30, 2021 | (989) | | | (361) | | | (2,043) | | | (794) | |
Net investment hedging activities, net of tax expense (benefit) of $165 for the three months and $348 for the nine months ended September 30, 2022 and $51 for the three months and $123 for the nine months ended September 30, 2021 | 599 | | | 184 | | | 1,265 | | | 444 | |
Pension and post-employment benefits, net of tax expense (benefit) of $14 for the three months and $35 for the nine months ended September 30, 2022 and $17 for the three months and $50 for the nine months ended September 30, 2021 | 60 | | | 67 | | | 136 | | | 196 | |
| | | | | | | |
Cash flow hedging activities, net of tax expense (benefit) of $14 for the three months and $17 for the nine months ended September 30, 2022 and $13 for the three months and $16 for the nine months ended September 30, 2021 | 83 | | | 57 | | | 98 | | | 115 | |
Other comprehensive loss | (247) | | | (53) | | | (544) | | | (39) | |
Comprehensive income | 3,705 | | | 3,127 | | | 8,829 | | | 7,465 | |
Comprehensive income attributable to noncontrolling interest | 3 | | | 1 | | | 10 | | | 6 | |
Comprehensive income attributable to AbbVie Inc. | $ | 3,702 | | | $ | 3,126 | | | $ | 8,819 | | | $ | 7,459 | |
The accompanying notes are an integral part of these condensed consolidated financial statements.
| | | | | |
2022 Form 10-Q |  | 2 |
AbbVie Inc. and Subsidiaries
Condensed Consolidated Balance Sheets
| | | | | | | | | | | |
(in millions, except share data) | September 30, 2022 | | December 31, 2021 |
| (unaudited) | | |
Assets | | | |
Current assets | | | |
Cash and equivalents | $ | 11,832 | | | $ | 9,746 | |
Short-term investments | 47 | | | 84 | |
Accounts receivable, net | 10,743 | | | 9,977 | |
Inventories | 3,172 | | | 3,128 | |
Prepaid expenses and other | 4,570 | | | 4,993 | |
Total current assets | 30,364 | | | 27,928 | |
| | | |
Investments | 235 | | | 277 | |
Property and equipment, net | 4,893 | | | 5,110 | |
Intangible assets, net | 68,725 | | | 75,951 | |
Goodwill | 31,726 | | | 32,379 | |
Other assets | 5,382 | | | 4,884 | |
Total assets | $ | 141,325 | | | $ | 146,529 | |
| | | |
Liabilities and Equity | | | |
Current liabilities | | | |
Short-term borrowings | $ | 10 | | | $ | 14 | |
Current portion of long-term debt and finance lease obligations | 9,197 | | | 12,481 | |
Accounts payable and accrued liabilities | 23,505 | | | 22,699 | |
Total current liabilities | 32,712 | | | 35,194 | |
| | | |
Long-term debt and finance lease obligations | 60,399 | | | 64,189 | |
Deferred income taxes | 1,972 | | | 3,009 | |
Other long-term liabilities | 30,215 | | | 28,701 | |
| | | |
Commitments and contingencies | | | |
| | | |
Stockholders' equity | | | |
Common stock, $0.01 par value, 4,000,000,000 shares authorized, 1,812,973,038 shares issued as of September 30, 2022 and 1,803,195,293 as of December 31, 2021 | 18 | | | 18 | |
Common stock held in treasury, at cost, 44,572,117 shares as of September 30, 2022 and 34,857,597 as of December 31, 2021 | (4,590) | | | (3,143) | |
Additional paid-in capital | 19,056 | | | 18,305 | |
Retained earnings | 4,953 | | | 3,127 | |
Accumulated other comprehensive loss | (3,443) | | | (2,899) | |
Total stockholders' equity | 15,994 | | | 15,408 | |
Noncontrolling interest | 33 | | | 28 | |
Total equity | 16,027 | | | 15,436 | |
| | | |
Total liabilities and equity | $ | 141,325 | | | $ | 146,529 | |
The accompanying notes are an integral part of these condensed consolidated financial statements.
| | | | | |
2022 Form 10-Q |  | 3 |
AbbVie Inc. and Subsidiaries
Condensed Consolidated Statements of Equity (unaudited)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
(in millions) | Common shares outstanding | | Common stock | | Treasury stock | | Additional paid-in capital | | Retained earnings | | Accumulated other comprehensive loss | | Noncontrolling interest | | Total |
Balance at June 30, 2021 | 1,767 | | | $ | 18 | | | $ | (3,022) | | | $ | 17,936 | | | $ | 740 | | | $ | (3,103) | | | $ | 25 | | | $ | 12,594 | |
| | | | | | | | | | | | | | | |
Net earnings attributable to AbbVie Inc. | — | | | — | | | — | | | — | | | 3,179 | | | — | | | — | | | 3,179 | |
Other comprehensive loss, net of tax | — | | | — | | | — | | | — | | | — | | | (53) | | | — | | | (53) | |
Dividends declared | — | | | — | | | — | | | — | | | (2,319) | | | — | | | — | | | (2,319) | |
| | | | | | | | | | | | | | | |
Purchases of treasury stock | — | | | — | | | (6) | | | — | | | — | | | — | | | — | | | (6) | |
Stock-based compensation plans and other | 1 | | | — | | | 8 | | | 172 | | | — | | | — | | | — | | | 180 | |
Change in noncontrolling interest | — | | | — | | | — | | | — | | | — | | | — | | | 2 | | | 2 | |
Balance at September 30, 2021 | 1,768 | | | $ | 18 | | | $ | (3,020) | | | $ | 18,108 | | | $ | 1,600 | | | $ | (3,156) | | | $ | 27 | | | $ | 13,577 | |
| | | | | | | | | | | | | | | |
Balance at June 30, 2022 | 1,768 | | | $ | 18 | | | $ | (4,591) | | | $ | 18,906 | | | $ | 3,516 | | | $ | (3,196) | | | $ | 35 | | | $ | 14,688 | |
Net earnings attributable to AbbVie Inc. | — | | | — | | | — | | | — | | | 3,949 | | | — | | | — | | | 3,949 | |
Other comprehensive loss, net of tax | — | | | — | | | — | | | — | | | — | | | (247) | | | — | | | (247) | |
Dividends declared | — | | | — | | | — | | | — | | | (2,512) | | | — | | | — | | | (2,512) | |
Purchases of treasury stock | — | | | — | | | (4) | | | — | | | — | | | — | | | — | | | (4) | |
Stock-based compensation plans and other | — | | | — | | | 5 | | | 150 | | | — | | | — | | | — | | | 155 | |
Change in noncontrolling interest | — | | | — | | | — | | | — | | | — | | | — | | | (2) | | | (2) | |
Balance at September 30, 2022 | 1,768 | | | $ | 18 | | | $ | (4,590) | | | $ | 19,056 | | | $ | 4,953 | | | $ | (3,443) | | | $ | 33 | | | $ | 16,027 | |
| | | | | | | | | | | | | | | |
Balance at December 31, 2020 | 1,765 | | | $ | 18 | | | $ | (2,264) | | | $ | 17,384 | | | $ | 1,055 | | | $ | (3,117) | | | $ | 21 | | | $ | 13,097 | |
| | | | | | | | | | | | | | | |
Net earnings attributable to AbbVie Inc. | — | | | — | | | — | | | — | | | 7,498 | | | — | | | — | | | 7,498 | |
Other comprehensive loss, net of tax | — | | | — | | | — | | | — | | | — | | | (39) | | | — | | | (39) | |
Dividends declared | — | | | — | | | — | | | — | | | (6,953) | | | — | | | — | | | (6,953) | |
| | | | | | | | | | | | | | | |
Purchases of treasury stock | (7) | | | — | | | (803) | | | — | | | — | | | — | | | — | | | (803) | |
Stock-based compensation plans and other | 10 | | | — | | | 47 | | | 724 | | | — | | | — | | | — | | | 771 | |
Change in noncontrolling interest | — | | | — | | | — | | | — | | | — | | | — | | | 6 | | | 6 | |
Balance at September 30, 2021 | 1,768 | | | $ | 18 | | | $ | (3,020) | | | $ | 18,108 | | | $ | 1,600 | | | $ | (3,156) | | | $ | 27 | | | $ | 13,577 | |
| | | | | | | | | | | | | | | |
Balance at December 31, 2021 | 1,768 | | | $ | 18 | | | $ | (3,143) | | | $ | 18,305 | | | $ | 3,127 | | | $ | (2,899) | | | $ | 28 | | | $ | 15,436 | |
Net earnings attributable to AbbVie Inc. | — | | | — | | | — | | | — | | | 9,363 | | | — | | | — | | | 9,363 | |
Other comprehensive loss, net of tax | — | | | — | | | — | | | — | | | — | | | (544) | | | — | | | (544) | |
Dividends declared | — | | | — | | | — | | | — | | | (7,537) | | | — | | | — | | | (7,537) | |
Purchases of treasury stock | (10) | | | — | | | (1,483) | | | — | | | — | | | — | | | — | | | (1,483) | |
Stock-based compensation plans and other | 10 | | | — | | | 36 | | | 751 | | | — | | | — | | | — | | | 787 | |
Change in noncontrolling interest | — | | | — | | | — | | | — | | | — | | | — | | | 5 | | | 5 | |
Balance at September 30, 2022 | 1,768 | | | $ | 18 | | | $ | (4,590) | | | $ | 19,056 | | | $ | 4,953 | | | $ | (3,443) | | | $ | 33 | | | $ | 16,027 | |
The accompanying notes are an integral part of these condensed consolidated financial statements.
| | | | | |
2022 Form 10-Q |  | 4 |
AbbVie Inc. and Subsidiaries
Condensed Consolidated Statements of Cash Flows (unaudited)
| | | | | | | | | | | |
| Nine months ended September 30, |
(in millions) (brackets denote cash outflows) | 2022 | | 2021 |
Cash flows from operating activities | | | |
Net earnings | $ | 9,373 | | | $ | 7,504 | |
Adjustments to reconcile net earnings to net cash from operating activities: | | | |
Depreciation | 582 | | | 630 | |
Amortization of intangible assets | 5,728 | | | 5,912 | |
Deferred income taxes | (1,415) | | | (153) | |
Change in fair value of contingent consideration liabilities | 647 | | | 2,447 | |
Stock-based compensation | 539 | | | 563 | |
Acquired IPR&D and milestones | 454 | | | |