$LLY
ELI LILLY & Co Stock $lly

$lly Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000005947823000162 Filed on April 27, 2023

Income Statement

Concept	2023 Q2	2023 Q1
Revenue	$8.312B	$6.960B
YoY Change	28.11%	-10.88%
Cost Of Revenue	$1.807B	$1.627B
YoY Change	26.35%	-21.5%
Gross Profit	$6.505B	$5.333B
YoY Change	28.61%	-7.05%
Gross Profit Margin	78.26%	76.63%
Selling, General & Admin	$1.925B	$1.749B
YoY Change	18.48%	12.28%
% of Gross Profit	29.6%	32.8%
Research & Development	$2.357B	$1.985B
YoY Change	32.25%	23.29%
% of Gross Profit	36.23%	37.22%
Depreciation & Amortization	$366.3M	$362.3M
YoY Change	4.99%	-16.85%
% of Gross Profit	5.63%	6.79%
Operating Expenses	$4.282B	$3.734B
YoY Change	25.68%	17.88%
Operating Profit	$2.223B	$1.599B
YoY Change	34.67%	-37.78%
Interest Expense	$120.3M	$102.8M
YoY Change	48.15%	21.08%
% of Operating Profit	5.41%	6.43%
Other Income/Expense, Net	-$36.80M	$35.70M
YoY Change	-69.13%	-110.18%
Pretax Income	$2.089B	$1.530B
YoY Change	91.48%	-25.51%
Income Tax	$325.7M	$184.8M
% Of Pretax Income	15.59%	12.08%
Net Earnings	$1.763B	$1.345B
YoY Change	85.11%	-29.32%
Net Earnings / Revenue	21.21%	19.32%
Basic Earnings Per Share	$1.96	$1.49
Diluted Earnings Per Share	$1.95	$1.49
COMMON SHARES
Basic Shares Outstanding	949.3M shares	950.3M shares
Diluted Shares Outstanding	902.7M shares	903.3M shares

Balance Sheet

Concept	2023 Q2	2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$2.829B	$3.669B
YoY Change	3.38%	42.87%
Cash & Equivalents	$2.695B	$3.546B
Short-Term Investments	$134.6M	$123.4M
Other Short-Term Assets	$4.532B	$3.575B
YoY Change	61.49%	32.53%
Inventory	$4.799B	$4.545B
Prepaid Expenses
Receivables	$7.516B	$7.526B
Other Receivables	$1.655B	$1.496B
Total Short-Term Assets	$21.33B	$20.81B
YoY Change	24.64%	22.67%
LONG-TERM ASSETS
Property, Plant & Equipment	$11.28B	$10.55B
YoY Change	23.54%	15.86%
Goodwill	$4.079B	$4.073B
YoY Change	4.81%	4.65%
Intangibles	$6.904B	$7.087B
YoY Change	-7.93%	-5.28%
Long-Term Investments	$2.745B	$2.750B
YoY Change	6.1%	0.85%
Other Assets	$4.672B	$4.488B
YoY Change	4.47%	4.73%
Total Long-Term Assets	$33.48B	$32.35B
YoY Change	11.8%	8.0%
TOTAL ASSETS
Total Short-Term Assets	$21.33B	$20.81B
Total Long-Term Assets	$33.48B	$32.35B
Total Assets	$54.81B	$53.16B
YoY Change	16.47%	13.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$2.474B	$2.016B
YoY Change	49.11%	40.65%
Accrued Expenses	$867.7M	$739.7M
YoY Change	3.82%	6.72%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$661.6M	$3.100M
YoY Change	-68.82%	-99.77%
Total Short-Term Liabilities	$18.92B	$16.01B
YoY Change	21.09%	19.6%
LONG-TERM LIABILITIES
Long-Term Debt	$18.16B	$18.88B
YoY Change	23.59%	24.6%
Other Long-Term Liabilities	$1.952B	$1.823B
YoY Change	9.46%	6.34%
Total Long-Term Liabilities	$24.75B	$25.86B
YoY Change	8.63%	7.42%
TOTAL LIABILITIES
Total Short-Term Liabilities	$18.92B	$16.01B
Total Long-Term Liabilities	$24.75B	$25.86B
Total Liabilities	$43.66B	$41.87B
YoY Change	13.7%	11.78%
SHAREHOLDERS EQUITY
Retained Earnings	$10.37B	$10.64B
YoY Change	21.18%	13.55%
Common Stock	$7.542B	$7.387B
YoY Change	2.75%	1.88%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$11.06B	$11.19B
YoY Change
Total Liabilities & Shareholders Equity	$54.81B	$53.16B
YoY Change	16.47%	13.31%

Cashflow Statement

Concept	2023 Q2	2023 Q1
OPERATING ACTIVITIES
Net Income	$1.763B	$1.345B
YoY Change	85.11%	-29.32%
Depreciation, Depletion And Amortization	$366.3M	$362.3M
YoY Change	4.99%	-16.85%
Cash From Operating Activities	$631.9M	$1.731B
YoY Change	-23.0%	-30.75%
INVESTING ACTIVITIES
Capital Expenditures	$836.3M	$903.5M
YoY Change	-285.43%	-205.4%
Acquisitions
YoY Change
Other Investing Activities	$377.2M	-$40.30M
YoY Change	-3024.03%	-130.21%
Cash From Investing Activities	-$459.1M	-$688.8M
YoY Change	-1.03%	-32.06%
FINANCING ACTIVITIES
Cash Dividend Paid		$1.017B
YoY Change		14.87%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net		$0.00
YoY Change		-100.0%
Cash From Financing Activities	-1.033B	$412.3M
YoY Change	735.41%	-114.32%
NET CHANGE
Cash From Operating Activities	631.9M	$1.731B
Cash From Investing Activities	-459.1M	-$688.8M
Cash From Financing Activities	-1.033B	$412.3M
Net Change In Cash	-860.6M	$1.479B
YoY Change	-469.2%	-208.8%
FREE CASH FLOW
Cash From Operating Activities	$631.9M	$1.731B
Capital Expenditures	$836.3M	$903.5M
Free Cash Flow	-$204.4M	$827.1M
YoY Change	-116.07%	-75.36%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000059478
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Entity File Number EntityFileNumber	001-6351
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	ELI LILLY AND COMPANY
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	IN
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	35-0470950
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	Lilly Corporate Center
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Indianapolis
CY2023Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	IN
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	46285
CY2023Q1	dei	City Area Code CityAreaCode	317
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	276-2000
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023Q1	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	949272933	shares
CY2023Q1	us-gaap	Revenues Revenues	6960000000	usd
CY2022Q1	us-gaap	Revenues Revenues	7810000000	usd
CY2023Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	1626700000	usd
CY2022Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	2072100000	usd
CY2023Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	1985100000	usd
CY2022Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	1610100000	usd
CY2023Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1749200000	usd
CY2022Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1557900000	usd
CY2023Q1	lly	Acquired In Process Research And Development AcquiredInProcessResearchAndDevelopment	105000000.0	usd
CY2022Q1	lly	Acquired In Process Research And Development AcquiredInProcessResearchAndDevelopment	165600000	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	35700000	usd
CY2022Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-350700000	usd
CY2023Q1	lly	Cost Of Sales Operating Expenses And Other Net CostOfSalesOperatingExpensesAndOtherNet	5430300000	usd
CY2022Q1	lly	Cost Of Sales Operating Expenses And Other Net CostOfSalesOperatingExpensesAndOtherNet	5756400000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1529700000	usd
CY2022Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	2053600000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	184800000	usd
CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	150700000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	1344900000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	1902900000	usd
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.49
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.11
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.49
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.10
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	901000000.0	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	903700000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	903300000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	906400000	shares
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	1344900000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	1902900000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	67300000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	117800000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1412200000	usd
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	2020700000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3545900000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2067000000	usd
CY2023Q1	us-gaap	Short Term Investments ShortTermInvestments	123400000	usd
CY2022Q4	us-gaap	Short Term Investments ShortTermInvestments	144800000	usd
CY2023Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	14000000.0	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	16000000.0	usd
CY2023Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	7526200000	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	6896000000	usd
CY2023Q1	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	1495900000	usd
CY2022Q4	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	1662900000	usd
CY2023Q1	us-gaap	Inventory Net InventoryNet	4544800000	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	4309700000	usd
CY2023Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	3575200000	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	2954100000	usd
CY2023Q1	us-gaap	Assets Current AssetsCurrent	20811400000	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	18034500000	usd
CY2023Q1	us-gaap	Long Term Investments LongTermInvestments	2750400000	usd
CY2022Q4	us-gaap	Long Term Investments LongTermInvestments	2901800000	usd
CY2023Q1	us-gaap	Goodwill Goodwill	4073100000	usd
CY2022Q4	us-gaap	Goodwill Goodwill	4073000000	usd
CY2023Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	7087100000	usd
CY2022Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	7206600000	usd
CY2023Q1	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	3406700000	usd
CY2022Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	2792900000	usd
CY2023Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	10486000000	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	10233400000	usd
CY2023Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	10546200000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	10144000000	usd
CY2023Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	4488100000	usd
CY2022Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	4337000000	usd
CY2023Q1	us-gaap	Assets Assets	53163000000	usd
CY2022Q4	us-gaap	Assets Assets	49489800000	usd
CY2023Q1	us-gaap	Debt Current DebtCurrent	3100000	usd
CY2022Q4	us-gaap	Debt Current DebtCurrent	1501100000	usd
CY2023Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	2015900000	usd
CY2022Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	1930600000	usd
CY2023Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	739700000	usd
CY2022Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	1059800000	usd
CY2023Q1	lly	Sales Rebates And Discounts SalesRebatesAndDiscounts	9529500000	usd
CY2022Q4	lly	Sales Rebates And Discounts SalesRebatesAndDiscounts	8784100000	usd
CY2023Q1	us-gaap	Dividends Payable Current DividendsPayableCurrent	0	usd
CY2022Q4	us-gaap	Dividends Payable Current DividendsPayableCurrent	1017200000	usd
CY2023Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	1528300000	usd
CY2022Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	475100000	usd
CY2023Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	2193500000	usd
CY2022Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	2370300000	usd
CY2023Q1	us-gaap	Liabilities Current LiabilitiesCurrent	16010000000	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	17138200000	usd
CY2023Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	18880500000	usd
CY2022Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	14737500000	usd
CY2023Q1	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	1313000000	usd
CY2022Q4	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	1305100000	usd
CY2023Q1	us-gaap	Accrued Income Taxes Noncurrent AccruedIncomeTaxesNoncurrent	3842100000	usd
CY2022Q4	us-gaap	Accrued Income Taxes Noncurrent AccruedIncomeTaxesNoncurrent	3709600000	usd
CY2023Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1822500000	usd
CY2022Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1824000000	usd
CY2023Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	25858100000	usd
CY2022Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	21576200000	usd
CY2023Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	593500000	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	594100000	usd
CY2023Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	6793100000	usd
CY2022Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	6921400000	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	10639300000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	10042600000	usd
CY2023Q1	us-gaap	Common Stock Shares Held In Employee Trust CommonStockSharesHeldInEmployeeTrust	3013200000	usd
CY2022Q4	us-gaap	Common Stock Shares Held In Employee Trust CommonStockSharesHeldInEmployeeTrust	3013200000	usd
CY2023Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-3777300000	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-3844600000	usd
CY2023Q1	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	45000000.0	usd
CY2022Q4	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	50500000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	11190400000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	10649800000	usd
CY2023Q1	us-gaap	Minority Interest MinorityInterest	104500000	usd
CY2022Q4	us-gaap	Minority Interest MinorityInterest	125600000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	11294900000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10775400000	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	53163000000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	49489800000	usd
CY2023Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	2500000000	usd
CY2021Q2	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	5000000000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	1344900000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	1902900000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	362300000	usd
CY2022Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	435700000	usd
CY2023Q1	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	559400000	usd
CY2022Q1	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	506600000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	131200000	usd
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	101000000.0	usd
CY2023Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	-14200000	usd
CY2022Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	-426100000	usd
CY2023Q1	lly	Acquired In Process Research And Development AcquiredInProcessResearchAndDevelopment	105000000.0	usd
CY2022Q1	lly	Acquired In Process Research And Development AcquiredInProcessResearchAndDevelopment	165600000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-164100000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	34300000	usd
CY2023Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	168300000	usd
CY2022Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	32600000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1730600000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2523000000	usd
CY2023Q1	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	668500000	usd
CY2022Q1	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	365400000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Short Term Investments ProceedsFromSaleOfShortTermInvestments	61500000	usd
CY2022Q1	us-gaap	Proceeds From Sale Of Short Term Investments ProceedsFromSaleOfShortTermInvestments	26700000	usd
CY2023Q1	us-gaap	Payments To Acquire Short Term Investments PaymentsToAcquireShortTermInvestments	23000000.0	usd
CY2022Q1	us-gaap	Payments To Acquire Short Term Investments PaymentsToAcquireShortTermInvestments	14600000	usd
CY2023Q1	us-gaap	Proceeds From Sale And Maturity Of Other Investments ProceedsFromSaleAndMaturityOfOtherInvestments	281900000	usd
CY2022Q1	us-gaap	Proceeds From Sale And Maturity Of Other Investments ProceedsFromSaleAndMaturityOfOtherInvestments	81400000	usd
CY2023Q1	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	146000000.0	usd
CY2022Q1	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	116700000	usd
CY2023Q1	lly	Purchases Of In Process Research And Development PurchasesOfInProcessResearchAndDevelopment	235000000.0	usd
CY2022Q1	lly	Purchases Of In Process Research And Development PurchasesOfInProcessResearchAndDevelopment	515600000	usd
CY2023Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-40300000	usd
CY2022Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	133400000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-688800000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1037600000	usd
CY2023Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	1017200000	usd
CY2022Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	885500000	usd
CY2023Q1	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	-1498000000	usd
CY2022Q1	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	499700000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	3958500000	usd
CY2022Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	0	usd
CY2023Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	0	usd
CY2022Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	710100000	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	750000000.0	usd
CY2022Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1500000000	usd
CY2023Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-281000000.0	usd
CY2022Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-282400000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	412300000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-2878300000	usd
CY2023Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	24800000	usd
CY2022Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	33600000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	1478900000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-1359300000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	2067000000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	3818500000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	3545900000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	2459200000	usd
CY2023Q1	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	ReclassificationsCertain reclassifications have been made to prior periods in the consolidated condensed financial statements and accompanying notes to conform with the current presentation. Development milestone payments related to externally developed IPR&D projects, acquired directly in a transaction other than a business combination, were previously included in cash flows from operating activities in the consolidated condensed statements of cash flows and are now included in purchases of IPR&D in cash flows from investing activities.
CY2023Q1	us-gaap	Revenues Revenues	6960000000	usd
CY2022Q1	us-gaap	Revenues Revenues	7810000000	usd
CY2023Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	220300000	usd
CY2022Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	219200000	usd
CY2023Q1	us-gaap	Revenues Revenues	6960000000	usd
CY2022Q1	us-gaap	Revenues Revenues	7810000000	usd
CY2023Q1	us-gaap	Revenues Revenues	6960000000	usd
CY2022Q1	us-gaap	Revenues Revenues	7810000000	usd
CY2023Q1	lly	Acquired In Process Research And Development AcquiredInProcessResearchAndDevelopment	105000000	usd
CY2022Q1	lly	Acquired In Process Research And Development AcquiredInProcessResearchAndDevelopment	165600000	usd
CY2023Q1	us-gaap	Equity Securities Fv Ni Gain Loss EquitySecuritiesFvNiGainLoss	-13700000	usd
CY2022Q1	us-gaap	Equity Securities Fv Ni Gain Loss EquitySecuritiesFvNiGainLoss	-425400000	usd
CY2023Q1	us-gaap	Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments	950000000	usd
CY2023Q1	lly	Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Commitments Payment Period FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommitmentsPaymentPeriod	P10Y
CY2022Q4	lly	Debt Securities Availableforsale Unrealized Gain Position DebtSecuritiesAvailableforsaleUnrealizedGainPosition	46800000	usd
CY2023Q1	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	648100000	usd
CY2023Q1	us-gaap	Available For Sale Securities Debt Maturities Within One Year Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue	76000000.0	usd
CY2023Q1	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	219400000	usd
CY2023Q1	us-gaap	Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue	115500000	usd
CY2023Q1	us-gaap	Available For Sale Securities Debt Maturities After Ten Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue	237200000	usd
CY2023Q1	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	1800000	usd
CY2022Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	600000	usd
CY2023Q1	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	39000000.0	usd
CY2022Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	49200000	usd
CY2023Q1	lly	Debt Securities Availableforsale Unrealized Gain Position DebtSecuritiesAvailableforsaleUnrealizedGainPosition	120500000	usd
CY2023Q1	us-gaap	Transfer Of Financial Assets Accounted For As Sales Amount Derecognized TransferOfFinancialAssetsAccountedForAsSalesAmountDerecognized	423400000	usd
CY2023Q1	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	512400000	usd
CY2022Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	568700000	usd
CY2023Q1	lly	Debt Securities Available For Sale Unrealized Loss Position Qualitative Disclosure Other Percentage Of Nonperforming Assets DebtSecuritiesAvailableForSaleUnrealizedLossPositionQualitativeDisclosureOtherPercentageOfNonperformingAssets	0.99
CY2023Q1	lly	Proceedsfrom Saleof Equityand Availablefor Sale Securities ProceedsfromSaleofEquityandAvailableforSaleSecurities	27600000	usd
CY2022Q1	lly	Proceedsfrom Saleof Equityand Availablefor Sale Securities ProceedsfromSaleofEquityandAvailableforSaleSecurities	35200000	usd
CY2023Q1	lly	Availablefor Sale Securitiesand Equity Securities Fvni Realized Gain AvailableforSaleSecuritiesandEquitySecuritiesFVNIRealizedGain	200000	usd
CY2022Q1	lly	Availablefor Sale Securitiesand Equity Securities Fvni Realized Gain AvailableforSaleSecuritiesandEquitySecuritiesFVNIRealizedGain	100000	usd
CY2023Q1	lly	Availableforsale Securitiesand Equity Securities Fvni Realized Loss AvailableforsaleSecuritiesandEquitySecuritiesFVNIRealizedLoss	700000	usd
CY2022Q1	lly	Availableforsale Securitiesand Equity Securities Fvni Realized Loss AvailableforsaleSecuritiesandEquitySecuritiesFVNIRealizedLoss	800000	usd
CY2022Q4	us-gaap	Transfer Of Financial Assets Accounted For As Sales Amount Derecognized TransferOfFinancialAssetsAccountedForAsSalesAmountDerecognized	422100000	usd
CY2023Q1	us-gaap	Average Remaining Maturity Of Foreign Currency Derivatives1 AverageRemainingMaturityOfForeignCurrencyDerivatives1	P12M
CY2023Q1	us-gaap	Maximum Remaining Maturity Of Foreign Currency Derivatives1 MaximumRemainingMaturityOfForeignCurrencyDerivatives1	P180D
CY2023Q1	us-gaap	Translation Adjustment For Net Investment Hedge Net Of Tax TranslationAdjustmentForNetInvestmentHedgeNetOfTax	5580000000	usd
CY2022Q4	us-gaap	Translation Adjustment For Net Investment Hedge Net Of Tax TranslationAdjustmentForNetInvestmentHedgeNetOfTax	5450000000	usd
CY2023Q1	us-gaap	Long Term Debt Percentage Bearing Variable Interest Rate LongTermDebtPercentageBearingVariableInterestRate	0.12
CY2023Q1	lly	Derivative Instruments Gain Loss Recognized DerivativeInstrumentsGainLossRecognized	61900000	usd
CY2022Q1	lly	Derivative Instruments Gain Loss Recognized DerivativeInstrumentsGainLossRecognized	-6300000	usd
CY2023Q1	us-gaap	Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent	-115800000	usd
CY2022Q1	us-gaap	Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent	-93300000	usd
CY2023Q1	us-gaap	Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet	-13100000	usd
CY2023Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.121
CY2022Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.073
CY2023Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	76800000	usd
CY2023Q1	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	9500000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	67300000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	56500000	usd
CY2022Q1	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-61300000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	117800000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	-36000000.0	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	65300000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	2200000	usd
CY2022Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	59300000	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	35700000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	102800000	usd
CY2022Q1	us-gaap	Interest Expense InterestExpense	84900000	usd
CY2023Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	34200000	usd
CY2022Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	7000000.0	usd
CY2023Q1	us-gaap	Equity Securities Fv Ni Gain Loss EquitySecuritiesFvNiGainLoss	-13700000	usd
CY2022Q1	us-gaap	Equity Securities Fv Ni Gain Loss EquitySecuritiesFvNiGainLoss	-425400000	usd
CY2022Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-350700000	usd

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$LLY
ELI LILLY & Co Stock $lly

2023 Q2 Form 10-Q Financial Statement

#000005947823000162 Filed on April 27, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LLY ELI LILLY & Co Stock $lly

2023 Q2 Form 10-Q Financial Statement

#000005947823000162 Filed on April 27, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LLY
ELI LILLY & Co Stock $lly