$LLY
ELI LILLY & Co Stock $lly

$lly Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000005947823000221 Filed on August 08, 2023

Income Statement

Concept	2023 Q3	2023 Q2
Revenue	$9.499B	$8.312B
YoY Change	36.84%	28.11%
Cost Of Revenue	$1.860B	$1.807B
YoY Change	17.79%	26.35%
Gross Profit	$7.639B	$6.505B
YoY Change	42.44%	28.61%
Gross Profit Margin	80.42%	78.26%
Selling, General & Admin	$1.804B	$1.925B
YoY Change	11.75%	18.48%
% of Gross Profit	23.62%	29.6%
Research & Development	$2.409B	$2.357B
YoY Change	33.62%	32.25%
% of Gross Profit	31.54%	36.23%
Depreciation & Amortization	$411.0M	$366.3M
YoY Change	13.25%	4.99%
% of Gross Profit	5.38%	5.63%
Operating Expenses	$4.213B	$4.282B
YoY Change	23.29%	25.68%
Operating Profit	$3.426B	$2.223B
YoY Change	76.08%	34.67%
Interest Expense	$124.6M	$120.3M
YoY Change	52.88%	48.15%
% of Operating Profit	3.64%	5.41%
Other Income/Expense, Net	-$23.20M	-$36.80M
YoY Change	-79.1%	-69.13%
Pretax Income	$427.2M	$2.089B
YoY Change	-72.71%	91.48%
Income Tax	$484.6M	$325.7M
% Of Pretax Income	113.44%	15.59%
Net Earnings	-$57.40M	$1.763B
YoY Change	-103.95%	85.11%
Net Earnings / Revenue	-0.6%	21.21%
Basic Earnings Per Share	-$0.06	$1.96
Diluted Earnings Per Share	-$0.06	$1.95
COMMON SHARES
Basic Shares Outstanding	949.3M shares	949.3M shares
Diluted Shares Outstanding	899.8M shares	902.7M shares

Balance Sheet

Concept	2023 Q3	2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$2.494B	$2.829B
YoY Change	-9.05%	3.38%
Cash & Equivalents	$2.381B	$2.695B
Short-Term Investments	$113.0M	$134.6M
Other Short-Term Assets	$5.248B	$4.532B
YoY Change	91.4%	61.49%
Inventory	$4.901B	$4.799B
Prepaid Expenses
Receivables	$8.167B	$7.516B
Other Receivables	$2.197B	$1.655B
Total Short-Term Assets	$23.01B	$21.33B
YoY Change	30.43%	24.64%
LONG-TERM ASSETS
Property, Plant & Equipment	$11.86B	$11.28B
YoY Change	27.41%	23.54%
Goodwill	$4.085B	$4.079B
YoY Change	4.97%	4.81%
Intangibles	$6.782B	$6.904B
YoY Change	-4.81%	-7.93%
Long-Term Investments	$2.692B	$2.745B
YoY Change	4.56%	6.1%
Other Assets	$4.912B	$4.672B
YoY Change	8.29%	4.47%
Total Long-Term Assets	$34.91B	$33.48B
YoY Change	17.06%	11.8%
TOTAL ASSETS
Total Short-Term Assets	$23.01B	$21.33B
Total Long-Term Assets	$34.91B	$33.48B
Total Assets	$57.92B	$54.81B
YoY Change	22.03%	16.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$2.435B	$2.474B
YoY Change	44.67%	49.11%
Accrued Expenses	$12.76B	$867.7M
YoY Change	1196.21%	3.82%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$2.245B	$661.6M
YoY Change	28.68%	-68.82%
Total Short-Term Liabilities	$22.00B	$18.92B
YoY Change	40.54%	21.09%
LONG-TERM LIABILITIES
Long-Term Debt	$17.92B	$18.16B
YoY Change	26.72%	23.59%
Other Long-Term Liabilities	$1.906B	$1.952B
YoY Change	2.87%	9.46%
Total Long-Term Liabilities	$24.61B	$24.75B
YoY Change	13.71%	8.63%
TOTAL LIABILITIES
Total Short-Term Liabilities	$22.00B	$18.92B
Total Long-Term Liabilities	$24.61B	$24.75B
Total Liabilities	$46.61B	$43.66B
YoY Change	24.97%	13.7%
SHAREHOLDERS EQUITY
Retained Earnings	$10.31B	$10.37B
YoY Change	3.03%	21.18%
Common Stock	$7.754B	$7.542B
YoY Change	4.45%	2.75%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$11.22B	$11.06B
YoY Change
Total Liabilities & Shareholders Equity	$57.92B	$54.81B
YoY Change	22.03%	16.47%

Cashflow Statement

Concept	2023 Q3	2023 Q2
OPERATING ACTIVITIES
Net Income	-$57.40M	$1.763B
YoY Change	-103.95%	85.11%
Depreciation, Depletion And Amortization	$411.0M	$366.3M
YoY Change	13.25%	4.99%
Cash From Operating Activities	$2.190B	$631.9M
YoY Change	0.22%	-23.0%
INVESTING ACTIVITIES
Capital Expenditures	$4.001B	$836.3M
YoY Change	-745.15%	-285.43%
Acquisitions
YoY Change
Other Investing Activities	$920.7M	$377.2M
YoY Change	-403.66%	-3024.03%
Cash From Investing Activities	-$3.080B	-$459.1M
YoY Change	233.6%	-1.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	572.0M	-1.033B
YoY Change	-145.28%	735.41%
NET CHANGE
Cash From Operating Activities	2.190B	631.9M
Cash From Investing Activities	-3.080B	-459.1M
Cash From Financing Activities	572.0M	-1.033B
Net Change In Cash	-319.0M	-860.6M
YoY Change	16689.47%	-469.2%
FREE CASH FLOW
Cash From Operating Activities	$2.190B	$631.9M
Capital Expenditures	$4.001B	$836.3M
Free Cash Flow	-$1.812B	-$204.4M
YoY Change	-164.59%	-116.07%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.16
CY2023Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	2356500000	usd
CY2022Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	1781900000	usd
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	4341600000	usd
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	3392000000	usd
CY2023Q2	lly	Acquired In Process Research And Development AcquiredInProcessResearchAndDevelopment	97100000	usd
CY2022Q2	lly	Acquired In Process Research And Development AcquiredInProcessResearchAndDevelopment	440400000	usd
	lly	Acquired In Process Research And Development AcquiredInProcessResearchAndDevelopment	202100000	usd
	lly	Acquired In Process Research And Development AcquiredInProcessResearchAndDevelopment	606000000.0	usd
CY2023Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-36800000	usd
CY2022Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-119200000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1100000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-469900000	usd
CY2023Q2	lly	Cost Of Sales Operating Expenses And Other Net CostOfSalesOperatingExpensesAndOtherNet	6223200000	usd
CY2022Q2	lly	Cost Of Sales Operating Expenses And Other Net CostOfSalesOperatingExpensesAndOtherNet	5397100000	usd
	lly	Cost Of Sales Operating Expenses And Other Net CostOfSalesOperatingExpensesAndOtherNet	11653500000	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	2088900000	usd
CY2022Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1090900000	usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	325700000	usd
	us-gaap	Net Income Loss NetIncomeLoss	2855400000	usd
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.45
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.17
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.05
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.44
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.26
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	899700000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	900300000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	900300000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	902000000.0	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	902700000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	902900000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	903000000.0	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	904400000	shares
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	1763200000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	952500000	usd
	us-gaap	Net Income Loss NetIncomeLoss	3108100000	usd
	us-gaap	Net Income Loss NetIncomeLoss	2855400000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-11400000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-62400000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	55900000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	55400000	usd
CY2023Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1751800000	usd
CY2022Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	890100000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	3164000000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	2910800000	usd
CY2023Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2694500000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2067000000	usd
CY2023Q2	us-gaap	Short Term Investments ShortTermInvestments	134600000	usd
CY2022Q4	us-gaap	Short Term Investments ShortTermInvestments	144800000	usd
CY2023Q2	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	13800000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	16000000.0	usd
CY2023Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	7516100000	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	6896000000	usd
CY2023Q2	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	1655300000	usd
CY2022Q4	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	1662900000	usd
CY2023Q2	us-gaap	Inventory Net InventoryNet	4798700000	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	4309700000	usd
CY2023Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	4532400000	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	2954100000	usd
CY2023Q2	us-gaap	Assets Current AssetsCurrent	21331600000	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	18034500000	usd
CY2023Q2	us-gaap	Long Term Investments LongTermInvestments	2745100000	usd
CY2022Q4	us-gaap	Long Term Investments LongTermInvestments	2901800000	usd
CY2023Q2	us-gaap	Goodwill Goodwill	4078900000	usd
CY2022Q4	us-gaap	Goodwill Goodwill	4073000000	usd
CY2023Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	6903500000	usd
CY2022Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	7206600000	usd
CY2023Q2	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	3805900000	usd
CY2022Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	2792900000	usd
CY2023Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	10631600000	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	10233400000	usd
CY2023Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	11277400000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	10144000000	usd
CY2023Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	4671600000	usd
CY2022Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	4337000000	usd
CY2023Q2	us-gaap	Assets Assets	54814000000	usd
CY2022Q4	us-gaap	Assets Assets	49489800000	usd
CY2023Q2	us-gaap	Debt Current DebtCurrent	661600000	usd
CY2023Q2	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	2500000000	usd
CY2022Q4	us-gaap	Debt Current DebtCurrent	1501100000	usd
CY2023Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	2474200000	usd
CY2022Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	1930600000	usd
CY2023Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	867700000	usd
CY2022Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	1059800000	usd
CY2023Q2	lly	Sales Rebates And Discounts SalesRebatesAndDiscounts	10389900000	usd
CY2022Q4	lly	Sales Rebates And Discounts SalesRebatesAndDiscounts	8784100000	usd
CY2023Q2	us-gaap	Dividends Payable Current DividendsPayableCurrent	1016200000	usd
CY2022Q4	us-gaap	Dividends Payable Current DividendsPayableCurrent	1017200000	usd
CY2023Q2	us-gaap	Taxes Payable Current TaxesPayableCurrent	1233800000	usd
CY2022Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	475100000	usd
CY2023Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	2271600000	usd
CY2022Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	2370300000	usd
CY2023Q2	us-gaap	Liabilities Current LiabilitiesCurrent	18915000000	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	17138200000	usd
CY2023Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	18158400000	usd
CY2022Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	14737500000	usd
CY2023Q2	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	1308800000	usd
CY2022Q4	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	1305100000	usd
CY2023Q2	us-gaap	Accrued Income Taxes Noncurrent AccruedIncomeTaxesNoncurrent	3330700000	usd
CY2022Q4	us-gaap	Accrued Income Taxes Noncurrent AccruedIncomeTaxesNoncurrent	3709600000	usd
CY2023Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1951800000	usd
CY2022Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1824000000	usd
CY2023Q2	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	24749700000	usd
CY2022Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	21576200000	usd
CY2023Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q2	us-gaap	Common Stock Value CommonStockValue	593600000	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	594100000	usd
CY2023Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	6948600000	usd
CY2022Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	6921400000	usd
CY2023Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	10368500000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	10042600000	usd
CY2023Q2	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
CY2023Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-3788700000	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-3844600000	usd
CY2023Q2	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	45000000.0	usd
CY2022Q4	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	50500000	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	11063800000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	10649800000	usd
CY2023Q2	us-gaap	Minority Interest MinorityInterest	85500000	usd
CY2022Q4	us-gaap	Minority Interest MinorityInterest	125600000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	11149300000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10775400000	usd
CY2023Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	54814000000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	49489800000	usd
CY2022Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.96
CY2023Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.26
CY2023Q2	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	2500000000	usd
CY2021Q2	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	5000000000	usd
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	1.96
CY2021Q2	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	5000000000	usd
	us-gaap	Net Income Loss NetIncomeLoss	3108100000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	728600000	usd
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	990500000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	292700000	usd
	us-gaap	Gain Loss On Investments GainLossOnInvestments	-80000000.0	usd
	lly	Acquired In Process Research And Development AcquiredInProcessResearchAndDevelopment	202100000	usd
	lly	Acquired In Process Research And Development AcquiredInProcessResearchAndDevelopment	606000000.0	usd
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	676100000	usd
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	104200000	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-382400000	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-49200000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2362500000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	3706300000	usd
	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	1406700000	usd
	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	736400000	usd
	us-gaap	Proceeds From Sale Of Short Term Investments ProceedsFromSaleOfShortTermInvestments	57600000	usd
	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	343400000	usd
	lly	Purchases Of In Process Research And Development PurchasesOfInProcessResearchAndDevelopment	333100000	usd
	lly	Purchases Of In Process Research And Development PurchasesOfInProcessResearchAndDevelopment	958200000	usd
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	111300000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1864100000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	1769200000	usd
	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	2117200000	usd
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	0	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1560000000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1500000000	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-290000000.0	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-3002000000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-35800000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-1195600000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	2622900000	usd
	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.
CY2023Q2	us-gaap	Revenues Revenues	8312100000	usd
CY2022Q2	us-gaap	Revenues Revenues	6488000000	usd
	us-gaap	Revenues Revenues	15272100000	usd
	us-gaap	Revenues Revenues	14298000000	usd
CY2023Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	211100000	usd
CY2022Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	219200000	usd
CY2023Q2	us-gaap	Revenues Revenues	8312100000	usd
CY2022Q2	us-gaap	Revenues Revenues	6488000000	usd
	us-gaap	Revenues Revenues	15272100000	usd
	us-gaap	Revenues Revenues	14298000000	usd
CY2022Q2	us-gaap	Revenues Revenues	6488000000	usd
	us-gaap	Revenues Revenues	15272100000	usd
	us-gaap	Revenues Revenues	14298000000	usd
CY2023Q2	lly	Acquired In Process Research And Development AcquiredInProcessResearchAndDevelopment	97100000	usd
	lly	Acquired In Process Research And Development AcquiredInProcessResearchAndDevelopment	202100000	usd
CY2022Q2	lly	Acquired In Process Research And Development AcquiredInProcessResearchAndDevelopment	440400000	usd
	lly	Acquired In Process Research And Development AcquiredInProcessResearchAndDevelopment	606000000	usd
	lly	Payments For Asset Acquisitions PaymentsForAssetAcquisitions	333800000	usd
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CY2023Q2	us-gaap	Equity Securities Fv Ni Gain Loss EquitySecuritiesFvNiGainLoss	-64900000	usd
CY2023Q2	us-gaap	Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments	925000000	usd
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CY2023Q2	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	663600000	usd
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CY2023Q2	us-gaap	Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue	117000000.0	usd
CY2023Q2	us-gaap	Available For Sale Securities Debt Maturities After Ten Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue	247300000	usd
CY2023Q2	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	600000	usd
CY2023Q2	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	44600000	usd
CY2023Q2	lly	Debt Securities Available For Sale Unrealized Gain Position DebtSecuritiesAvailableForSaleUnrealizedGainPosition	54600000	usd
CY2023Q2	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	570600000	usd
	lly	Debt Securities Available For Sale Unrealized Loss Position Qualitative Disclosure Other Percentage Of Nonperforming Assets DebtSecuritiesAvailableForSaleUnrealizedLossPositionQualitativeDisclosureOtherPercentageOfNonperformingAssets	0.99
	lly	Proceeds From Sale Of Equity And Available For Sale Securities ProceedsFromSaleOfEquityAndAvailableForSaleSecurities	65100000	usd
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CY2022Q2	lly	Available For Sale Securities And Equity Securities Fvni Realized Gain AvailableForSaleSecuritiesAndEquitySecuritiesFVNIRealizedGain	100000	usd
	lly	Available For Sale Securities And Equity Securities Fvni Realized Gain AvailableForSaleSecuritiesAndEquitySecuritiesFVNIRealizedGain	300000	usd
	lly	Available For Sale Securities And Equity Securities Fvni Realized Gain AvailableForSaleSecuritiesAndEquitySecuritiesFVNIRealizedGain	200000	usd
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CY2022Q2	lly	Available For Sale Securities And Equity Securities Fvni Realized Loss AvailableForSaleSecuritiesAndEquitySecuritiesFVNIRealizedLoss	700000	usd
	lly	Available For Sale Securities And Equity Securities Fvni Realized Loss AvailableForSaleSecuritiesAndEquitySecuritiesFVNIRealizedLoss	1700000	usd
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CY2023Q2	us-gaap	Transfer Of Financial Assets Accounted For As Sales Amount Derecognized TransferOfFinancialAssetsAccountedForAsSalesAmountDerecognized	429500000	usd
CY2022Q4	us-gaap	Transfer Of Financial Assets Accounted For As Sales Amount Derecognized TransferOfFinancialAssetsAccountedForAsSalesAmountDerecognized	422100000	usd
	us-gaap	Average Remaining Maturity Of Foreign Currency Derivatives1 AverageRemainingMaturityOfForeignCurrencyDerivatives1	P12M
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CY2023Q2	us-gaap	Translation Adjustment For Net Investment Hedge Net Of Tax TranslationAdjustmentForNetInvestmentHedgeNetOfTax	5570000000	usd
CY2022Q4	us-gaap	Translation Adjustment For Net Investment Hedge Net Of Tax TranslationAdjustmentForNetInvestmentHedgeNetOfTax	5450000000	usd
CY2023Q2	us-gaap	Long Term Debt Percentage Bearing Variable Interest Rate LongTermDebtPercentageBearingVariableInterestRate	0.12
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CY2023Q2	us-gaap	Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet	-13100000	usd
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	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.141
CY2023Q2	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-26700000	usd
CY2023Q2	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-15300000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-11400000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-122400000	usd
CY2022Q2	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-60000000.0	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-62400000	usd
	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	50100000	usd
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	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	55900000	usd
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	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	55400000	usd
	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	205900000	usd
CY2023Q2	us-gaap	Interest Expense InterestExpense	120300000	usd
CY2022Q2	us-gaap	Interest Expense InterestExpense	81200000	usd
	us-gaap	Interest Expense InterestExpense	223100000	usd
	us-gaap	Interest Expense InterestExpense	166100000	usd
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	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	35700000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-469900000	usd
CY2023Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2023Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2023Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false

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$LLY
ELI LILLY & Co Stock $lly

2023 Q3 Form 10-Q Financial Statement

#000005947823000221 Filed on August 08, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LLY ELI LILLY & Co Stock $lly

2023 Q3 Form 10-Q Financial Statement

#000005947823000221 Filed on August 08, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LLY
ELI LILLY & Co Stock $lly