2024 Q3 Form 10-Q Financial Statement
#000031815424000035 Filed on August 07, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
Revenue | $8.503B | $8.388B |
YoY Change | 23.18% | 20.07% |
Cost Of Revenue | $3.310B | $3.236B |
YoY Change | 83.28% | 78.49% |
Gross Profit | $5.193B | $5.152B |
YoY Change | 1.88% | -0.41% |
Gross Profit Margin | 61.07% | 61.42% |
Selling, General & Admin | $1.625B | $1.785B |
YoY Change | 20.1% | 37.94% |
% of Gross Profit | 31.29% | 34.65% |
Research & Development | $1.450B | $1.447B |
YoY Change | 34.38% | 30.01% |
% of Gross Profit | 27.92% | 28.09% |
Depreciation & Amortization | $1.396B | $1.400B |
YoY Change | 55.98% | 56.25% |
% of Gross Profit | 26.88% | 27.17% |
Operating Expenses | $3.075B | $3.232B |
YoY Change | 26.44% | 34.28% |
Operating Profit | $2.047B | $1.909B |
YoY Change | 1.29% | -28.87% |
Interest Expense | -$776.0M | -$1.206B |
YoY Change | 28.05% | 60.37% |
% of Operating Profit | -37.91% | -63.17% |
Other Income/Expense, Net | $1.830B | -$307.0M |
YoY Change | 167.15% | -3.46% |
Pretax Income | $3.101B | $794.0M |
YoY Change | 59.27% | -50.81% |
Income Tax | $271.0M | $48.00M |
% Of Pretax Income | 8.74% | 6.05% |
Net Earnings | $2.830B | $746.0M |
YoY Change | 63.58% | -45.9% |
Net Earnings / Revenue | 33.28% | 8.89% |
Basic Earnings Per Share | $5.27 | $1.39 |
Diluted Earnings Per Share | $5.22 | $1.38 |
COMMON SHARES | ||
Basic Shares Outstanding | 537.3M shares | 536.4M shares |
Diluted Shares Outstanding | 542.0M shares | 541.0M shares |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $9.011B | $9.301B |
YoY Change | -74.03% | -72.8% |
Cash & Equivalents | $9.011B | $9.301B |
Short-Term Investments | ||
Other Short-Term Assets | $3.076B | $2.976B |
YoY Change | 19.92% | 28.06% |
Inventory | $7.362B | $7.995B |
Prepaid Expenses | ||
Receivables | $7.317B | $6.934B |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $26.77B | $27.21B |
YoY Change | -44.79% | -42.58% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $6.156B | $6.097B |
YoY Change | 10.66% | 10.21% |
Goodwill | $18.66B | $18.62B |
YoY Change | 20.3% | 19.86% |
Intangibles | $28.92B | $30.17B |
YoY Change | 119.92% | 106.19% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $10.38B | $8.816B |
YoY Change | 32.52% | 22.56% |
Total Long-Term Assets | $64.12B | $63.70B |
YoY Change | 52.45% | 48.53% |
TOTAL ASSETS | ||
Total Short-Term Assets | $26.77B | $27.21B |
Total Long-Term Assets | $64.12B | $63.70B |
Total Assets | $90.88B | $90.91B |
YoY Change | 0.39% | 0.71% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $2.147B | $2.267B |
YoY Change | 58.1% | 87.05% |
Accrued Expenses | $14.62B | $13.72B |
YoY Change | 3.2% | 0.03% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $3.544B | $5.528B |
YoY Change | 148.18% | 155.1% |
Total Short-Term Liabilities | $20.31B | $21.52B |
YoY Change | 19.81% | 25.85% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $56.85B | $57.12B |
YoY Change | -3.7% | -3.81% |
Other Long-Term Liabilities | $2.199B | $2.363B |
YoY Change | -4.6% | -6.82% |
Total Long-Term Liabilities | $59.05B | $59.48B |
YoY Change | -3.74% | -3.93% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $20.31B | $21.52B |
Total Long-Term Liabilities | $59.05B | $59.48B |
Total Liabilities | $79.37B | $81.00B |
YoY Change | 1.36% | 2.51% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$25.53B | -$27.12B |
YoY Change | 2.24% | 6.2% |
Common Stock | ||
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $7.527B | $5.925B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $90.88B | $90.91B |
YoY Change | 0.39% | 0.71% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $2.830B | $746.0M |
YoY Change | 63.58% | -45.9% |
Depreciation, Depletion And Amortization | $1.396B | $1.400B |
YoY Change | 55.98% | 56.25% |
Cash From Operating Activities | $3.571B | $2.459B |
YoY Change | 29.38% | -40.16% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $257.0M | $238.0M |
YoY Change | 3.63% | -12.18% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $47.00M | $21.00M |
YoY Change | -435.71% | -65.0% |
Cash From Investing Activities | -$210.0M | -$217.0M |
YoY Change | -19.85% | 2.84% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -3.651B | -2.649B |
YoY Change | 82.09% | 118.93% |
NET CHANGE | ||
Cash From Operating Activities | 3.571B | 2.459B |
Cash From Investing Activities | -210.0M | -217.0M |
Cash From Financing Activities | -3.651B | -2.649B |
Net Change In Cash | -290.0M | -407.0M |
YoY Change | -158.82% | -115.14% |
FREE CASH FLOW | ||
Cash From Operating Activities | $3.571B | $2.459B |
Capital Expenditures | $257.0M | $238.0M |
Free Cash Flow | $3.314B | $2.221B |
YoY Change | 31.93% | -42.13% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
99000000 | usd |
CY2024Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
35000000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3661000000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2841000000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-37000000 | usd |
CY2023Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
2.13 | |
CY2023Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
1138000000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
11000000 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
47000000 | usd |
CY2023Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
37000000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-12000000 | usd |
CY2024Q2 | us-gaap |
Goodwill
Goodwill
|
18616000000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
23806000000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
31423000000 | usd |
CY2023Q4 | amgn |
Identifiable Intangible Assets Gross
IdentifiableIntangibleAssetsGross
|
56447000000 | usd |
CY2023Q4 | amgn |
Identifiable Intangible Assets Accumulated Amortization
IdentifiableIntangibleAssetsAccumulatedAmortization
|
23806000000 | usd |
CY2023Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
32641000000 | usd |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
3000000 | usd | |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
119000000 | usd |
CY2023Q2 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
69000000 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
16000000 | usd |
CY2023Q4 | us-gaap |
Investment Type Extensible Enumeration
InvestmentTypeExtensibleEnumeration
|
http://fasb.org/srt/2024#PartnershipInterestMember | |
CY2024Q2 | us-gaap |
Investment Type Extensible Enumeration
InvestmentTypeExtensibleEnumeration
|
http://fasb.org/srt/2024#PartnershipInterestMember | |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6781000000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
633000000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
4220000000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2799000000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1796000000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
260000000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
166000000 | usd | |
us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-784000000 | usd | |
us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-203000000 | usd | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
39000000 | usd | |
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-916000000 | usd | |
us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
1169000000 | usd | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
67000000 | usd | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-5000000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-310000000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
240000000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1528000000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
28000000 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
339000000 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
69000000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
666000000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-371000000 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-1311000000 | usd | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
471000000 | usd | |
amgn |
Increase Decrease In Noncurrent Tax Liability
IncreaseDecreaseInNoncurrentTaxLiability
|
-637000000 | usd | |
amgn |
Increase Decrease In Noncurrent Tax Liability
IncreaseDecreaseInNoncurrentTaxLiability
|
196000000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-361000000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
351000000 | usd | |
amgn |
Increase Decrease In Sales Incentives And Allowance
IncreaseDecreaseInSalesIncentivesAndAllowance
|
-393000000 | usd | |
amgn |
Increase Decrease In Sales Incentives And Allowance
IncreaseDecreaseInSalesIncentivesAndAllowance
|
173000000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-33000000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-122000000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
3148000000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
5173000000 | usd | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
0 | usd | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
1125000000 | usd | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
0 | usd | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
550000000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
468000000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
615000000 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-34000000 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-87000000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-434000000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
1147000000 | usd | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | usd | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
23780000000 | usd | |
us-gaap |
Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
|
410000000 | usd | |
us-gaap |
Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
|
420000000 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
1400000000 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
704000000 | usd | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
2417000000 | usd | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
2276000000 | usd | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-130000000 | usd | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-81000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-4357000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
20299000000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1643000000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
26619000000 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
10944000000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
7629000000 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
9301000000 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
34248000000 | usd |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | segment | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-bottom:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of estimates</span></div><div style="margin-bottom:8pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Actual results may differ from those estimates.</span></div> | ||
CY2024Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
10100000000 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
9800000000 | usd |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | ||
CY2024Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
8388000000 | usd |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
6986000000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
15835000000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
13091000000 | usd | |
CY2024Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.060 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.128 | ||
CY2023Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.146 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.165 | ||
CY2024Q2 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
40000000 | usd |
us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
80000000 | usd | |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
746000000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1379000000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
633000000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
4220000000 | usd | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
537000000 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
535000000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
537000000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
534000000 | shares | |
CY2024Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
4000000 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2000000 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
4000000 | shares | |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
3000000 | shares | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
541000000 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
537000000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
541000000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
537000000 | shares | |
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.39 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.58 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.18 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
7.90 | ||
CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.38 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.57 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.17 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
7.86 | ||
CY2024Q2 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
8812000000 | usd |
CY2024Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
0 | usd |
CY2024Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
0 | usd |
CY2024Q2 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
8812000000 | usd |
CY2023Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
10404000000 | usd |
CY2023Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
0 | usd |
CY2023Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
0 | usd |
CY2023Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
10404000000 | usd |
CY2024Q2 | us-gaap |
Cash
Cash
|
489000000 | usd |
CY2023Q4 | us-gaap |
Cash
Cash
|
540000000 | usd |
CY2024Q2 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
-50000000 | usd |
CY2023Q2 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
3000000 | usd |
us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
0 | usd | |
us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
0 | usd | |
CY2024Q2 | amgn |
Sale Of Equity Securities Fvni Unrealized Gain Loss
SaleOfEquitySecuritiesFVNIUnrealizedGainLoss
|
0 | usd |
CY2023Q2 | amgn |
Sale Of Equity Securities Fvni Unrealized Gain Loss
SaleOfEquitySecuritiesFVNIUnrealizedGainLoss
|
0 | usd |
amgn |
Sale Of Equity Securities Fvni Unrealized Gain Loss
SaleOfEquitySecuritiesFVNIUnrealizedGainLoss
|
0 | usd | |
amgn |
Sale Of Equity Securities Fvni Unrealized Gain Loss
SaleOfEquitySecuritiesFVNIUnrealizedGainLoss
|
0 | usd | |
amgn |
Increase And Decrease In Equity Securities Without Readily Determinable Fair Value Amount
IncreaseAndDecreaseInEquitySecuritiesWithoutReadilyDeterminableFairValueAmount
|
0 | usd | |
CY2024Q2 | amgn |
Increase And Decrease In Equity Securities Without Readily Determinable Fair Value Amount
IncreaseAndDecreaseInEquitySecuritiesWithoutReadilyDeterminableFairValueAmount
|
0 | usd |
amgn |
Increase And Decrease In Equity Securities Without Readily Determinable Fair Value Amount
IncreaseAndDecreaseInEquitySecuritiesWithoutReadilyDeterminableFairValueAmount
|
0 | usd | |
CY2023Q2 | amgn |
Increase And Decrease In Equity Securities Without Readily Determinable Fair Value Amount
IncreaseAndDecreaseInEquitySecuritiesWithoutReadilyDeterminableFairValueAmount
|
0 | usd |
amgn |
Sale Of Securities Without Readily Determinable Fair Value Amount
SaleOfSecuritiesWithoutReadilyDeterminableFairValueAmount
|
0 | usd | |
CY2024Q2 | amgn |
Sale Of Securities Without Readily Determinable Fair Value Amount
SaleOfSecuritiesWithoutReadilyDeterminableFairValueAmount
|
0 | usd |
CY2023Q2 | amgn |
Sale Of Securities Without Readily Determinable Fair Value Amount
SaleOfSecuritiesWithoutReadilyDeterminableFairValueAmount
|
0 | usd |
amgn |
Sale Of Securities Without Readily Determinable Fair Value Amount
SaleOfSecuritiesWithoutReadilyDeterminableFairValueAmount
|
0 | usd | |
CY2024Q2 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
884000000 | usd |
CY2023Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
993000000 | usd |
CY2024Q2 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
4476000000 | usd |
CY2023Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
5747000000 | usd |
CY2024Q2 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
2635000000 | usd |
CY2023Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
2778000000 | usd |
CY2024Q2 | us-gaap |
Inventory Net
InventoryNet
|
7995000000 | usd |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
9518000000 | usd |
CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
18629000000 | usd |
us-gaap |
Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
|
-1000000 | usd | |
us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
-12000000 | usd | |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
55071000000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
26049000000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
29022000000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
55229000000 | usd |
CY2024Q2 | amgn |
Identifiable Intangible Assets Gross
IdentifiableIntangibleAssetsGross
|
56221000000 | usd |
CY2024Q2 | amgn |
Identifiable Intangible Assets Accumulated Amortization
IdentifiableIntangibleAssetsAccumulatedAmortization
|
26049000000 | usd |
CY2024Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
30172000000 | usd |
CY2024Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1200000000 | usd |
CY2023Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
693000000 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2400000000 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1400000000 | usd | |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
2400000000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
4500000000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
3900000000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
3900000000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
2900000000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
2200000000 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
1389000000 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
1420000000 | usd |
CY2024Q2 | us-gaap |
Hedged Liability Fair Value Hedge Cumulative Increase Decrease
HedgedLiabilityFairValueHedgeCumulativeIncreaseDecrease
|
-345000000 | usd |
CY2023Q4 | us-gaap |
Hedged Liability Fair Value Hedge Cumulative Increase Decrease
HedgedLiabilityFairValueHedgeCumulativeIncreaseDecrease
|
-314000000 | usd |
CY2024Q2 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
29000000 | usd |
CY2023Q4 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
17000000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
62645000000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
64613000000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
5528000000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
1443000000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
57117000000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
63170000000 | usd |
CY2024Q2 | us-gaap |
Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
|
410000000 | usd |
CY2024Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
133000000 | usd |
CY2024Q2 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
7000000000.0 | usd |
CY2023Q4 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
2.25 | |
CY2024Q2 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
2.25 | |
CY2024Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
2.25 | |
CY2024Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
2.25 | |
CY2024Q2 | us-gaap |
Equity Securities Fvni Noncurrent
EquitySecuritiesFVNINoncurrent
|
3470000000 | usd |
CY2024Q2 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
12552000000 | usd |
CY2024Q2 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
107000000 | usd |
CY2024Q2 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
1134000000 | usd |
CY2023Q4 | us-gaap |
Equity Securities Fvni Noncurrent
EquitySecuritiesFVNINoncurrent
|
4514000000 | usd |
CY2023Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
15063000000 | usd |
CY2023Q4 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
96000000 | usd |
CY2023Q4 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
1188000000 | usd |
CY2024Q1 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
96000000 | usd |
CY2023Q1 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
273000000 | usd |
CY2023Q4 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
96000000 | usd |
CY2022Q4 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
270000000 | usd |
CY2024Q2 | amgn |
Business Combination Contingent Consideration Arrangements Payments
BusinessCombinationContingentConsiderationArrangementsPayments
|
2000000 | usd |
CY2023Q2 | amgn |
Business Combination Contingent Consideration Arrangements Payments
BusinessCombinationContingentConsiderationArrangementsPayments
|
2000000 | usd |
amgn |
Business Combination Contingent Consideration Arrangements Payments
BusinessCombinationContingentConsiderationArrangementsPayments
|
4000000 | usd | |
amgn |
Business Combination Contingent Consideration Arrangements Payments
BusinessCombinationContingentConsiderationArrangementsPayments
|
4000000 | usd | |
CY2024Q2 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
13000000 | usd |
CY2023Q2 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
-23000000 | usd |
us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
15000000 | usd | |
us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
-18000000 | usd | |
CY2024Q2 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
107000000 | usd |
CY2023Q2 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
248000000 | usd |
CY2024Q2 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
107000000 | usd |
CY2023Q2 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
248000000 | usd |
CY2024Q2 | us-gaap |
Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
|
59300000000 | usd |
CY2023Q4 | us-gaap |
Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
|
59200000000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
62600000000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
64600000000 | usd |
us-gaap |
Maximum Length Of Time Foreign Currency Cash Flow Hedge
MaximumLengthOfTimeForeignCurrencyCashFlowHedge
|
P3Y | ||
CY2024Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-307000000 | usd |
CY2024Q2 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
808000000 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-542000000 | usd | |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
1632000000 | usd | |
CY2023Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-318000000 | usd |
CY2023Q2 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
752000000 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
1746000000 | usd | |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
1295000000 | usd | |
CY2024Q2 | us-gaap |
Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months
|
119000000 | usd |
CY2024Q2 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
270000000 | usd |
CY2024Q2 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
1027000000 | usd |
CY2023Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
145000000 | usd |
CY2023Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
1092000000 | usd |
CY2024Q2 | amgn |
Number Of Securities Cases Filed
NumberOfSecuritiesCasesFiled
|
2 | securitycase |
CY2024Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |