Merck Balance Sheet (2009-2025) | MRK

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Balance Sheet	Mar2009	Jun2009	Sep2009	Dec2009	Mar2010	Jun2010	Sep2010	Dec2010	Mar2011	Jun2011	Sep2011	Dec2011	Mar2012	Jun2012	Sep2012	Dec2012	Mar2013	Jun2013	Sep2013	Dec2013	Mar2014	Jun2014	Sep2014	Dec2014	Mar2015	Jun2015	Sep2015	Dec2015	Mar2016	Jun2016	Sep2016	Dec2016	Mar2017	Jun2017	Sep2017	Dec2017	Mar2018	Jun2018	Sep2018	Dec2018	Mar2019	Jun2019	Sep2019	Dec2019	Mar2020	Jun2020	Sep2020	Dec2020	Mar2021	Jun2021	Sep2021	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025
Assets
Current Assets
Cash & Equivalents	6.02B	12.46B	21.82B	9.31B	8.24B	8.67B	9.87B	10.90B	11.70B	12.34B	14.25B	13.53B	14.66B	16.75B	17.36B	13.45B	13.02B	15.09B	14.09B	15.62B	15.83B	9.74B	11.37B	7.44B	7.98B	6.92B	7.55B	8.52B	9.72B	6.61B	7.91B	6.51B	11.71B	7.79B	7.90B	6.09B	4.48B	5.31B	7.83B	7.96B	8.08B	6.66B	7.87B	9.68B	7.42B	11.10B	7.36B	8.05B	6.98B	8.57B	10.02B	8.10B	8.56B	9.68B	11.14B	12.69B	9.71B	5.66B	8.61B	6.84B	5.58B	11.30B	14.59B	13.24B	8.63B	8.01B	18.17B
Short-term Investments		1.41B	0.49B	0.29B	1.54B	1.28B	0.75B	1.30B	1.33B	1.64B	1.32B	1.44B	0.91B	0.70B	0.76B	2.69B	3.00B	3.01B	4.08B	1.86B	4.68B	3.65B	2.98B	8.28B	7.62B	4.45B	4.54B	4.90B	3.23B	5.23B	5.16B	7.83B	3.54B	4.18B	3.29B	2.41B	2.86B	2.28B	2.46B	0.90B	0.72B	0.45B	0.15B	0.77B	0.01B								0.37B	0.45B	0.10B	0.50B	0.68B	0.72B	0.17B	0.25B	0.04B	0.05B		0.45B	0.60B	0.61B	0.04B
Cash & Current Investments	6.02B	13.87B	22.30B	9.60B	9.78B	9.94B	10.62B	12.20B	13.03B	13.98B	15.58B	14.97B	15.57B	17.45B	18.12B	16.14B	16.02B	18.10B	18.17B	17.49B	20.51B	13.39B	14.35B	15.72B	15.60B	11.37B	12.09B	13.43B	12.94B	11.83B	13.07B	14.34B	15.25B	11.97B	11.20B	8.50B	7.35B	7.59B	10.29B	8.86B	8.80B	7.11B	8.02B	10.45B	7.43B	11.10B	7.36B	8.05B	6.98B	8.57B	10.02B	8.10B	8.93B	10.13B	11.25B	13.19B	10.39B	6.38B	8.77B	7.09B	5.62B	11.35B	14.59B	13.69B	9.23B	8.62B	18.21B
Receivables - Net		3.16B	3.13B	6.60B	7.50B	6.28B	7.30B	7.34B	7.96B	8.47B	8.14B	8.26B	8.73B	8.15B	7.95B	7.67B	7.96B	7.78B	7.58B	7.18B	7.19B	7.02B	6.51B	6.63B	6.67B	6.51B	6.41B	6.48B	6.85B	6.92B	7.36B	7.02B	7.07B	7.44B	7.67B	6.87B	7.25B	7.29B	7.37B	7.07B	7.61B	7.96B	8.44B	6.78B	8.18B	7.58B	8.42B	6.80B	8.23B	7.84B	8.57B	9.23B	9.83B	9.64B	9.48B	9.45B	10.41B	11.03B	10.39B	10.35B	11.37B	11.64B	11.38B	10.28B	10.79B	11.85B	12.12B
Receivables - Other				0.34B				0.35B				0.28B				0.30B	0.20B			0.28B				0.04B				0.03B				0.00B	0.18B			0.33B														1.60B	1.40B	0.96B	0.72B	0.65B	0.57B	0.51B	0.47B
Receivables		3.16B	3.13B	6.94B	7.50B	6.28B	7.30B	7.69B	7.96B	8.47B	8.14B	8.54B	8.73B	8.15B	7.95B	7.97B	8.16B	7.78B	7.58B	7.46B	7.19B	7.02B	6.51B	6.67B	6.67B	6.51B	6.41B	6.52B	6.85B	6.92B	7.36B	7.02B	7.24B	7.44B	7.67B	7.20B	7.25B	7.29B	7.37B	7.07B	7.61B	7.96B	8.44B	6.78B	8.18B	7.58B	8.42B	6.80B	8.23B	9.44B	9.97B	10.19B	10.55B	10.29B	10.05B	9.96B	10.89B	11.03B	10.39B	10.35B	11.37B	11.64B	11.38B	10.28B	10.79B	11.85B	12.12B
Raw Materials				6.58B		5.31B	5.44B	5.45B	5.80B	6.04B	5.80B	5.40B	5.76B	5.71B
Finished Goods				2.47B		1.88B	1.95B	1.48B	1.38B	1.44B	1.64B	1.98B	1.78B	1.81B
Inventory		3.48B	3.46B	8.05B	6.83B	6.24B	6.26B	5.87B	6.06B	6.22B	6.24B	6.25B	6.34B	6.25B	6.73B	6.54B	6.77B	6.77B	6.74B	6.23B	6.38B	6.14B	5.82B	5.57B	5.54B	5.31B	5.12B	4.70B	5.10B	5.25B	5.24B	4.87B	5.15B	5.41B	5.26B	5.10B	5.38B	5.18B	5.42B	5.44B	5.71B	5.85B	5.86B	5.98B	5.85B	6.06B	6.13B	5.55B	6.40B	5.50B	5.60B	5.95B	5.77B	5.54B	5.61B	5.91B	5.86B	5.93B	6.13B	6.36B	6.51B	6.47B	6.24B	6.11B	6.20B	6.60B	6.44B
Current Deferred Tax Assets		0.52B	0.58B					3.65B		3.69B	4.16B	3.69B	3.71B	3.79B	3.43B	4.51B	4.48B	4.35B	5.28B	4.79B	3.94B	3.66B	4.74B	5.26B	5.12B	5.13B	4.94B	5.14B	3.88B	3.93B	3.77B	4.39B	4.07B	3.35B	3.79B	4.30B	4.11B	4.00B	3.76B	4.50B	3.23B	3.38B	3.83B	4.28B	4.71B	4.61B	4.67B	4.67B	5.29B	6.75B	6.87B	6.99B	6.65B	6.81B	7.22B	7.17B	6.74B	6.64B
Prepaid Assets		1.12B	1.20B	4.18B	4.14B	3.79B	3.57B	3.65B	3.98B															4.69B				5.14B				4.39B				4.30B				4.50B				4.28B				4.67B				6.99B				7.17B			6.66B	8.37B	7.95B	8.74B	8.14B	8.71B	9.29B	10.00B	10.78B
Current Assets		12.68B	13.17B	28.43B	28.24B	26.25B	27.76B	29.06B	31.02B	32.37B	34.11B	33.18B	34.34B	35.64B	36.23B	34.86B	35.24B	36.99B	37.77B	35.69B	41.24B	33.59B	34.72B	32.60B	32.93B	28.32B	28.57B	29.75B	28.77B	27.93B	29.44B	30.61B	31.53B	28.17B	27.92B	24.77B	24.09B	24.06B	26.84B	25.88B	25.35B	24.30B	26.14B	27.48B	26.17B	29.34B	26.58B	27.76B	26.91B	28.66B	31.06B	30.27B	31.18B	32.12B	33.56B	35.72B	33.40B	29.98B	31.95B	32.17B	31.45B	38.20B	40.36B	38.78B	35.50B	37.06B	47.56B
Non-Current Assets
Buildings				12.23B				11.95B				12.73B				13.20B				13.63B				13.10B				12.15B				11.44B				11.73B				11.49B				11.99B				12.00B				12.53B				13.17B				14.97B				16.36B
Construction in Progress				1.82B				2.07B				2.20B				2.44B				1.81B				1.45B				1.52B				1.87B				2.30B				3.35B				5.01B				6.97B				8.31B				9.19B				8.26B				7.98B
Land & Improvements				0.67B				0.66B				0.62B				0.59B				0.55B				0.54B				0.49B				0.41B				0.36B				0.33B				0.34B				0.34B				0.33B				0.29B				0.33B				0.31B
Property, Plant & Equipment (Net)		6.87B	6.92B	18.28B	17.98B	17.33B	17.12B	17.08B	16.83B	16.67B	16.38B	16.30B	16.12B	15.87B	15.88B	16.03B	15.80B	15.68B	15.32B	14.97B	14.30B	13.89B	13.44B	13.14B	12.91B	12.63B	12.48B	12.51B	12.36B	11.99B	12.03B	12.03B	12.04B	12.09B	12.19B	12.44B	12.56B	12.63B	12.76B	13.29B	13.51B	13.86B	14.29B	14.30B	15.27B	15.79B	16.92B	17.00B	18.30B	18.06B	18.57B	19.28B	19.75B	20.06B	20.42B	21.42B	21.76B	22.23B	22.53B	23.05B	23.05B	23.22B	23.45B	23.78B	24.79B	25.24B	25.64B
Long-Term Investments				0.43B	2.00B	2.05B	2.14B	2.17B	2.08B	2.17B	2.42B	3.46B	3.97B	4.08B	5.56B	7.30B	7.95B	8.55B	9.20B	9.77B	11.46B	12.62B	13.49B	13.52B	13.09B	13.33B	13.08B	13.04B	12.55B	11.88B	11.66B	11.42B	11.90B	12.14B	12.21B	12.12B	11.03B	10.03B	7.61B	6.23B	5.62B	3.78B	2.11B	1.47B	0.56B	1.25B	1.37B	0.03B	0.54B	0.41B	0.43B	0.37B	0.32B	0.24B	0.98B	1.01B	1.29B	1.21B	1.31B	0.25B	0.28B	0.36B	0.57B	0.46B	0.62B	0.77B	1.12B
Goodwill		2.80B	2.88B	12.04B	12.27B	12.23B	12.48B	12.38B	12.21B	12.38B	12.23B	12.15B	12.16B	12.16B	12.17B	12.13B	12.21B	12.20B	12.12B	12.30B	12.12B	11.79B	13.17B	12.99B	17.74B	17.71B	17.76B	17.72B	17.78B	17.81B	18.26B	18.16B	0.16B	18.36B	18.34B	18.28B	18.30B	18.27B	18.26B	18.25B	18.17B	19.49B	19.48B	18.07B	19.77B	0.24B	20.25B	18.88B	20.21B	18.87B	18.86B	21.26B	21.26B	21.21B	21.16B	21.20B	21.21B	21.20B	21.18B	21.20B	21.18B	21.16B	21.70B	21.67B	21.68B	21.59B	21.59B
Intangibles		5.95B	5.98B	47.76B	45.57B	43.28B	42.95B	0.35B	37.91B	37.06B	35.82B	34.30B	33.00B	31.62B	30.32B	29.08B	28.11B	26.33B	25.00B	23.80B	20.52B	18.83B	20.39B	20.39B	26.08B	24.75B	23.72B	22.60B	21.36B	20.32B	20.51B	0.47B	16.86B	16.12B	15.14B	14.18B	13.50B	12.90B	12.18B	13.10B	11.00B	13.38B	12.31B	14.20B	16.10B	16.57B	16.68B	14.10B	14.40B	13.62B	13.38B	22.93B	23.02B	22.50B	21.37B	20.27B	19.86B	19.66B	19.20B	18.01B	17.57B	16.98B	17.01B	16.37B	15.76B	15.19B	15.31B
Goodwill & Intangibles		8.75B	8.86B	59.80B	57.84B	55.51B	55.44B	12.73B	50.11B	49.45B	48.05B	46.46B	45.16B	43.78B	42.49B	41.22B	40.31B	38.53B	37.12B	36.10B	32.64B	30.62B	33.57B	33.38B	43.82B	42.46B	41.48B	40.33B	39.15B	38.12B	38.77B	18.63B	17.02B	34.48B	33.48B	32.47B	31.80B	31.17B	30.43B	31.36B	29.17B	32.87B	31.79B	32.27B	35.86B	16.80B	36.92B	32.98B	34.61B	32.49B	32.25B	44.20B	44.28B	43.71B	42.53B	41.47B	41.07B	40.86B	40.38B	39.21B	38.75B	38.15B	38.71B	38.04B	37.44B	36.78B	36.90B
Long-Term Deferred Tax								5.63B		5.53B	5.57B	5.74B	5.91B	6.16B	6.13B	6.72B	6.89B	7.11B	7.01B	9.12B	8.83B	7.14B	6.59B	5.53B	5.60B	5.84B	5.62B	6.05B	5.92B	6.56B	6.44B	5.85B	5.87B	5.93B	5.88B	6.08B	6.56B	7.14B	7.50B	5.88B	8.71B	9.15B	9.00B	6.77B	7.05B	7.60B	8.01B	9.88B	10.49B	11.05B	11.19B	11.58B	11.14B	10.97B	9.58B	9.53B	10.28B	10.19B
Other Non-Current Assets		1.25B	1.60B	5.38B	5.53B	5.03B	5.40B	5.63B	5.81B			0.67B				0.51B				0.03B	3.22B	3.38B	3.30B					0.17B		1.01B	1.04B	0.94B	0.83B	0.82B	0.73B	0.65B	0.64B	0.65B	0.49B	0.58B	0.64B	0.65B	0.55B	0.38B	0.28B	0.13B	0.18B	3.17B	1.14B			1.36B	1.16B	1.25B	0.32B	9.53B	0.38B	0.41B	10.56B	12.00B	12.33B	12.70B	14.44B	16.04B	16.77B	17.66B	18.33B
Non-Current Assets		16.87B	17.38B	83.88B	83.35B	79.92B	80.08B	76.72B	74.84B	73.83B	72.42B	71.95B	71.17B	69.89B	70.07B	71.28B	70.96B	69.88B	68.65B	69.96B	67.22B	64.27B	67.08B	65.56B	75.42B	74.26B	72.67B	71.93B	69.98B	68.55B	68.89B	64.76B	65.03B	64.64B	63.76B	63.11B	61.96B	60.98B	58.29B	56.76B	57.00B	59.67B	57.19B	56.91B	58.74B	61.27B	63.22B	63.82B	63.94B	62.02B	62.44B	75.43B	75.48B	74.98B	73.52B	73.44B	74.39B	74.49B	74.77B	74.51B	74.40B	74.42B	77.17B	78.32B	79.62B	80.46B	81.99B
Assets		29.55B	30.55B	112.31B	111.59B	106.17B	107.84B	105.78B	105.86B	106.19B	106.53B	105.13B	105.51B	105.53B	106.30B	106.13B	106.20B	106.88B	106.42B	105.64B	108.46B	97.86B	101.81B	98.17B	108.34B	102.58B	101.23B	101.68B	98.75B	96.47B	98.33B	95.38B	96.56B	92.80B	91.68B	87.87B	86.04B	85.04B	85.13B	82.64B	82.35B	83.97B	83.33B	84.40B	84.91B	90.61B	89.80B	91.59B	90.85B	90.69B	93.49B	105.69B	106.67B	107.09B	107.08B	109.16B	107.80B	104.47B	106.73B	106.67B	105.85B	112.63B	117.53B	117.11B	115.12B	117.52B	129.55B
Liabilities
Current Liabilities
Accounts Payables		1.75B	1.71B	2.24B	2.07B	2.17B	2.24B	2.31B	2.40B	2.14B	2.28B	2.02B	2.36B	1.67B	1.80B	1.75B	2.08B	2.25B	2.47B	2.27B	2.43B	2.33B	2.28B	2.62B	2.09B	2.33B	2.02B	2.53B	2.24B	2.51B	2.48B	2.81B	2.48B	2.93B	2.62B	3.10B	3.16B	3.02B	3.09B	3.32B	3.02B	3.14B	3.20B	3.74B	3.57B	3.45B	3.74B	4.33B	4.03B	3.90B	3.37B	4.61B	3.71B	3.48B	3.37B	4.26B	3.68B	3.44B	3.51B	3.92B	3.51B	3.52B	3.59B	4.08B	3.78B	3.89B	4.15B
Dividends payables				1.19B	1.19B	1.18B	1.18B	1.18B	1.18B	1.18B	1.17B	1.28B	1.28B	1.31B	1.31B	1.34B	1.34B	1.29B	1.29B	1.32B	1.33B	1.30B	1.29B	1.31B	1.31B	1.29B	1.29B	1.31B	1.31B	1.29B	1.29B	1.32B	1.31B	1.30B	1.30B	1.32B	1.32B	1.31B	1.30B	1.46B	1.46B	1.44B	1.43B	1.59B	1.58B	1.56B	1.57B	1.67B	1.68B	1.66B	1.66B	1.77B	1.77B	1.77B	1.77B	1.88B	1.91B	1.88B	1.88B	1.99B	2.01B	1.98B	1.98B	2.08B	2.08B	2.05B	2.04B
Payables		1.75B	1.71B	3.43B	3.26B	3.35B	3.42B	3.48B	3.58B	3.32B	3.45B	3.30B	3.64B	2.98B	3.12B	3.10B	3.42B	3.54B	3.76B	3.60B	3.76B	3.63B	3.57B	3.93B	3.40B	3.63B	3.31B	3.84B	3.55B	3.81B	3.77B	4.12B	3.80B	4.24B	3.92B	4.42B	4.48B	4.33B	4.39B	4.78B	4.48B	4.58B	4.63B	5.33B	5.16B	5.01B	5.31B	6.00B	5.71B	5.56B	5.03B	6.38B	5.49B	5.25B	5.14B	6.15B	5.59B	5.32B	5.39B	5.91B	5.52B	5.50B	5.57B	6.16B	5.86B	5.95B	6.19B
Accumulated Expenses		0.83B	0.97B	9.46B	8.44B	6.83B	8.16B	8.51B	8.55B
Other Accumulated Expenses		2.15B	2.00B					8.51B		8.75B	9.23B	10.17B	8.82B	8.92B	8.92B	9.74B	9.57B	8.87B	9.18B	9.50B	8.71B	8.83B	9.81B	10.52B	9.87B	9.52B	9.61B	11.22B	10.04B	9.26B	9.09B	10.27B	8.66B	9.36B	9.99B	10.43B	9.71B	9.76B	9.78B	10.15B	10.08B	11.05B	11.77B	12.55B	10.93B	11.18B	11.69B	12.21B	11.91B	12.89B	14.21B	13.86B	14.05B	13.50B	14.22B	14.16B	13.00B	13.75B	14.84B	15.77B	14.10B	14.71B	16.54B	15.69B	12.77B	14.50B	16.19B
Short term Debt		0.26B	0.18B	1.38B	3.82B	4.15B	4.12B	2.40B	2.20B	2.52B	2.46B	1.99B	2.93B	3.92B	2.03B	4.32B	4.74B	5.58B	3.98B	4.52B	8.56B	4.48B	9.28B	2.70B	4.73B	2.48B	2.54B	2.58B	2.11B	0.64B	1.49B	0.57B	5.04B	3.18B	5.16B	3.06B	2.06B	3.38B	3.66B	5.31B	3.17B	3.82B	3.41B	3.61B	6.36B	4.72B	2.42B	6.43B	7.25B	2.49B	3.53B	2.41B	1.21B	2.98B	1.94B	1.95B	2.67B	2.84B	0.89B	1.37B	3.08B	3.07B	3.15B	2.65B	1.36B	1.43B	1.41B
Current Taxes		0.20B	0.23B	1.17B	0.72B	0.88B	1.63B	1.24B	1.33B	1.17B	1.46B	0.78B	1.19B	1.09B	1.51B	1.20B	1.07B	0.41B	1.30B	0.25B	0.59B	0.19B	2.47B	1.24B	2.45B	1.88B	2.12B	1.56B	1.86B	1.21B	1.21B	2.24B	2.33B	1.98B	0.40B	0.71B	0.72B	0.66B	0.76B	1.97B	0.81B	0.63B	0.87B	0.74B	1.03B	1.27B	0.98B	1.60B	1.49B	0.97B	0.95B	1.22B	1.57B	1.44B	1.70B	1.99B	1.87B	1.49B	1.98B	2.65B	2.40B	2.78B	4.33B	3.91B	5.18B	4.16B	4.85B
Total Current Liabilities		5.19B	5.09B	15.64B	16.46B	15.42B	17.32B	15.64B	15.66B	15.76B	16.59B	16.25B	16.58B	16.91B	15.58B	18.35B	18.80B	18.40B	18.21B	17.87B	22.47B	17.93B	25.93B	18.40B	20.44B	17.51B	17.58B	19.20B	17.57B	14.92B	15.55B	17.20B	19.82B	18.76B	19.47B	18.61B	16.96B	18.13B	18.59B	22.21B	18.54B	20.09B	20.68B	22.22B	23.48B	22.18B	20.41B	27.33B	26.36B	21.91B	23.73B	23.87B	22.32B	23.17B	23.00B	24.24B	23.13B	23.39B	23.09B	25.69B	25.10B	26.06B	29.59B	28.42B	25.17B	26.04B	28.63B
Non-Current Liabilities
Non-Current Debt		7.91B	8.03B	16.09B	15.28B	13.84B	14.03B	15.48B	15.64B	15.78B	15.69B	15.53B	15.23B	15.06B	17.57B	16.25B	16.09B	22.53B	22.65B	20.54B	19.59B	18.59B	18.57B	18.70B	25.51B	24.07B	24.12B	23.83B	23.66B	23.64B	23.66B	24.27B	23.44B	21.71B	21.84B	21.35B	21.50B	19.96B	19.94B	19.81B	22.72B	22.77B	22.68B	22.74B	21.64B	26.16B	26.32B	25.36B	24.00B	24.03B	22.91B	30.69B	30.59B	28.68B	28.48B	28.75B	28.07B	34.07B	33.97B	33.68B	31.14B	34.72B	34.98B	34.46B	33.48B	33.97B	39.97B
Minority Interest				2.43B	2.47B	2.43B	2.46B	2.43B	2.46B	2.43B	2.46B	2.43B	2.45B	2.48B	2.46B	2.44B	2.58B	2.60B	2.59B	2.56B	2.59B	0.16B	0.14B	0.14B	0.15B	0.19B	0.09B	0.09B	0.10B	0.09B	0.21B	0.22B	0.25B	0.25B	0.25B	0.23B	0.23B	0.24B	0.23B	0.18B	0.13B	0.10B	0.09B	0.09B	0.10B	0.10B	0.08B	0.09B	0.09B	0.09B	0.07B	0.07B	0.07B	0.07B	0.07B	0.07B	0.07B	0.05B	0.05B	0.05B	0.06B	0.07B	0.06B	0.06B	0.07B	0.07B	0.06B
Liabilities from Discontinued Operations																					0.85B	0.80B	0.81B																									1.09B
Non-Current Deferred Tax Liability		1.50B	1.52B					17.85B		16.73B	16.65B	16.41B	16.39B	15.88B	14.94B	5.74B	15.70B	15.84B	15.55B	6.78B	5.88B	4.65B	4.99B	4.47B	6.80B	6.45B	5.96B	6.54B	6.26B	6.09B	6.37B	7.64B	4.89B	4.56B	4.16B	3.64B	2.21B	2.16B	2.06B	2.82B	1.83B	2.09B	1.96B	3.00B	1.94B	2.09B	1.78B	2.66B	1.20B	1.49B	1.53B	5.02B	3.07B	2.97B	2.42B	4.31B	1.44B	1.00B	1.02B	2.96B	0.92B	0.88B	0.86B	1.39B	1.41B	1.43B	1.38B
Other Non-Current Liabilities		2.91B	3.00B													10.33B				8.14B	7.96B	8.18B	6.97B	7.81B	7.68B	7.91B	7.89B	7.34B	7.37B	8.38B	8.79B	8.51B	8.32B	8.07B	7.71B	11.12B	11.47B	12.03B	11.89B	12.04B	11.59B	11.28B	11.09B	11.97B	11.55B	12.45B	12.03B	12.31B	12.24B	9.87B	9.47B	9.43B	9.74B	8.95B	8.66B	8.32B	8.24B	7.26B	7.34B	8.79B	8.26B	7.33B	7.54B	6.46B	6.66B	7.03B	7.66B
Total Non-Current Liabilities		12.32B	12.56B													-10.33B				-8.14B	-7.96B	-8.18B	-6.97B	-7.81B	-7.68B	-7.91B	-7.89B	-7.34B	-7.37B	-8.38B	-8.79B	-8.51B	-8.32B	-8.07B	-7.71B	-11.12B	-11.47B	-12.03B	-11.89B	-11.44B	-11.30B	-10.98B	-11.09B	0.53B	0.38B	0.57B	0.57B	0.60B	0.40B	0.40B	-9.47B	-9.03B	0.60B	0.60B	0.60B	0.60B	0.60B	0.60B	0.60B	0.75B	0.75B	0.75B	0.75B	-6.37B	-6.66B	-7.03B	-7.66B
Total Liabilities																																								0.60B	0.28B	0.30B		0.68B		0.40B		0.40B	0.40B	0.40B		0.40B	0.60B			0.60B	0.12B		0.25B	0.25B	0.12B			0.10B
Shareholder's Equity
Total Debt		8.17B	8.22B	17.47B	19.10B	17.98B	18.15B	17.88B	17.85B	18.31B	18.15B	17.52B	18.16B	18.98B	19.60B	20.57B	20.82B	28.11B	26.62B	25.06B	28.15B	23.07B	27.84B	21.40B	30.23B	26.55B	26.67B	26.41B	25.77B	24.29B	25.14B	24.84B	28.47B	24.89B	27.00B	24.41B	23.56B	23.34B	23.59B	25.11B	25.90B	26.59B	26.09B	26.35B	28.00B	30.87B	28.74B	31.79B	31.25B	26.52B	26.44B	33.10B	31.79B	31.66B	30.42B	30.69B	30.75B	36.91B	34.86B	35.05B	34.22B	37.79B	38.13B	37.11B	34.84B	35.40B	41.37B
Common Equity		22.74B	25.35B	61.48B	60.34B	57.66B	58.05B	56.80B	56.84B	57.92B	57.60B	56.94B	57.31B	57.67B	58.21B	55.46B	55.61B	50.10B	50.01B	52.33B	52.56B	48.52B	45.36B	48.79B	47.92B	46.64B	45.68B	44.77B	43.90B	43.45B	43.96B	40.31B	-5.08B	39.71B	38.50B	34.57B	33.90B	32.77B	32.66B	26.88B	27.67B	27.74B	26.93B	26.00B	26.30B	27.74B	29.27B	25.40B	27.04B	33.39B	35.86B	38.26B	40.95B	43.32B	44.52B	46.06B	46.91B	38.74B	41.30B	37.63B	40.42B	43.65B	44.56B	46.37B	48.40B	49.06B	51.91B
Shareholder's Equity		22.74B	25.35B	61.48B	60.34B	57.66B	58.05B	56.80B	56.84B	57.92B	57.60B	56.94B	57.31B	57.67B	58.21B	55.46B	55.61B	50.10B	50.01B	52.33B	52.56B	48.52B	45.36B	48.79B	47.92B	46.64B	45.68B	44.77B	43.90B	43.45B	43.96B	40.31B	-5.08B	39.71B	38.50B	34.57B	33.90B	32.77B	32.66B	26.88B	27.67B	27.74B	26.93B	26.00B	26.30B	27.74B	29.27B	25.40B	27.04B	33.39B	35.86B	38.26B	40.95B	43.32B	44.52B	46.06B	46.91B	38.74B	41.30B	37.63B	40.42B	43.65B	44.56B	46.37B	48.40B	49.06B	51.91B
Liabilities and Shareholders Equity		29.55B	30.55B	112.31B	111.59B	106.17B	107.84B	105.78B	105.86B	106.19B	106.53B	105.13B	105.51B	105.53B	106.30B	106.13B	106.20B	106.88B	106.42B	105.64B	108.46B	97.86B	101.81B	98.17B	108.34B	102.58B	101.23B	101.68B	98.75B	96.47B	98.33B	95.38B	96.56B	92.80B	91.68B	87.87B	86.04B	85.04B	85.13B	82.64B	82.35B	83.97B	83.33B	84.40B	84.91B	90.61B	89.80B	91.59B	90.85B	90.69B	93.49B	105.69B	106.67B	107.09B	107.08B	109.16B	107.80B	104.47B	106.73B	106.67B	105.85B	112.63B	117.53B	117.11B	115.12B	117.52B	129.55B
Treasury Shares		0.49B	0.49B		0.45B	0.04B	0.05B	0.05B	0.49B	0.01B	0.04B	0.06B	0.01B	0.03B	0.04B	0.06B	0.01B	0.12B	0.13B	0.14B	0.02B	0.06B	0.11B	0.13B	0.02B	0.03B	0.05B	0.07B	0.02B	0.03B	0.04B	0.06B	0.02B	0.03B	0.04B	0.07B	0.01B	0.04B	0.05B	0.12B	0.01B	0.04B	0.05B	0.07B	0.02B	0.02B	0.02B	1.05B	1.05B	1.04B	1.05B	1.05B	1.05B	1.04B	1.04B	1.04B	1.04B	1.04B	1.04B	1.04B	1.04B	1.04B	1.04B	1.05B	1.06B	1.07B	1.09B
Retained Earnings		10.37B	10.74B	-2.77B	-3.57B	-4.66B	-3.49B	-3.22B	-3.17B	-2.78B	-2.71B	-3.13B	-3.22B	-3.13B	-3.04B	-4.68B	-4.63B	-4.76B	-4.70B	-2.20B	-2.18B	-2.44B	-3.00B	-4.32B	-4.17B	-4.33B	-4.57B	45.35B	45.19B	45.12B	46.03B	44.13B	44.39B	45.05B	43.70B	41.35B	41.11B	41.52B	42.19B	42.58B	44.06B	45.30B	45.80B	46.60B	48.27B	49.72B	51.11B	47.36B	48.89B	48.78B	51.69B	53.70B	56.25B	58.44B	59.93B	61.08B	62.04B	54.20B	57.08B	53.90B	56.70B	60.19B	61.38B	63.07B	66.10B	68.48B	72.23B
Preferred Shares		2.50B	2.50B												2.40B	2.40B	2.40B

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Merck Balance Sheet (2009-2025) | MRK

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