$MRK
Merck & Co., Inc.

2024 Q3 Form 10-Q Financial Statement

#000162828024034715 Filed on August 05, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $16.66B $16.11B
YoY Change 4.35% 7.16%
Cost Of Revenue $3.249B $3.073B
YoY Change -23.8% -12.82%
Gross Profit $13.41B $13.04B
YoY Change 14.62% 13.28%
Gross Profit Margin 80.49% 80.93%
Selling, General & Admin $2.657B $2.684B
YoY Change 5.48% 2.25%
% of Gross Profit 19.82% 20.58%
Research & Development $5.838B $3.480B
YoY Change 76.53% -73.86%
% of Gross Profit 43.54% 26.69%
Depreciation & Amortization $1.186B $1.132B
YoY Change 16.96% 25.36%
% of Gross Profit 8.85% 8.68%
Operating Expenses $8.495B $6.164B
YoY Change 45.81% -61.32%
Operating Profit $4.913B $6.875B
YoY Change -16.33% -255.3%
Interest Expense -$58.00M $49.00M
YoY Change -118.3% -125.26%
% of Operating Profit -1.18% 0.71%
Other Income/Expense, Net $193.0M -$108.0M
YoY Change -253.17% -668.42%
Pretax Income $4.090B $6.006B
YoY Change -27.22% -212.58%
Income Tax $929.0M $545.0M
% Of Pretax Income 22.71% 9.07%
Net Earnings $3.157B $5.455B
YoY Change -33.47% -191.3%
Net Earnings / Revenue 18.95% 33.86%
Basic Earnings Per Share $1.25 $2.15
Diluted Earnings Per Share $1.24 $2.14
COMMON SHARES
Basic Shares Outstanding 2.535B shares 2.533B shares
Diluted Shares Outstanding 2.541B shares 2.544B shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $14.59B $11.35B
YoY Change 66.34% 78.02%
Cash & Equivalents $14.59B $11.30B
Short-Term Investments $0.00 $50.00M
Other Short-Term Assets $8.143B $8.740B
YoY Change 22.34% 47.61%
Inventory $6.244B $6.469B
Prepaid Expenses
Receivables $11.38B $11.64B
Other Receivables $793.0M $764.0M
Total Short-Term Assets $40.36B $38.21B
YoY Change 26.31% 27.45%
LONG-TERM ASSETS
Property, Plant & Equipment $23.45B $23.22B
YoY Change 4.08% 4.45%
Goodwill $21.70B $21.16B
YoY Change 2.43% -0.16%
Intangibles $17.01B $16.98B
YoY Change -11.4% -13.63%
Long-Term Investments $1.751B $1.571B
YoY Change -33.57% -43.59%
Other Assets $14.44B $12.70B
YoY Change 36.78% 47.42%
Total Long-Term Assets $77.17B $74.43B
YoY Change 3.21% -0.09%
TOTAL ASSETS
Total Short-Term Assets $40.36B $38.21B
Total Long-Term Assets $77.17B $74.43B
Total Assets $117.5B $112.6B
YoY Change 10.12% 7.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.586B $3.519B
YoY Change 2.19% 2.24%
Accrued Expenses $15.67B $13.99B
YoY Change 10.84% 4.61%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $3.149B $3.071B
YoY Change 255.02% 8.17%
Total Short-Term Liabilities $29.59B $26.06B
YoY Change 28.11% 11.4%
LONG-TERM LIABILITIES
Long-Term Debt $34.98B $34.72B
YoY Change 2.97% 1.89%
Other Long-Term Liabilities $7.540B $7.329B
YoY Change 2.68% 0.88%
Total Long-Term Liabilities $42.52B $42.05B
YoY Change 2.92% 1.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $29.59B $26.06B
Total Long-Term Liabilities $42.52B $42.05B
Total Liabilities $72.11B $68.11B
YoY Change 11.95% 5.21%
SHAREHOLDERS EQUITY
Retained Earnings $61.38B $60.19B
YoY Change 7.54% 11.05%
Common Stock $46.32B $46.15B
YoY Change 0.37% 0.31%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $44.50B $43.58B
YoY Change
Total Liabilities & Shareholders Equity $117.5B $112.6B
YoY Change 10.12% 7.81%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $3.157B $5.455B
YoY Change -33.47% -191.3%
Depreciation, Depletion And Amortization $1.186B $1.132B
YoY Change 16.96% 25.36%
Cash From Operating Activities $9.291B $5.637B
YoY Change 20.4% 52.19%
INVESTING ACTIVITIES
Capital Expenditures $783.0M $791.0M
YoY Change -13.19% -18.03%
Acquisitions
YoY Change
Other Investing Activities -$3.062B -$278.0M
YoY Change -639.08% -97.35%
Cash From Investing Activities -$3.845B -$1.069B
YoY Change 1051.2% -90.66%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.425B 1.216B
YoY Change -43.2% -67.64%
NET CHANGE
Cash From Operating Activities 9.291B 5.637B
Cash From Investing Activities -3.845B -1.069B
Cash From Financing Activities -2.425B 1.216B
Net Change In Cash 3.021B 5.784B
YoY Change -2.99% -245.29%
FREE CASH FLOW
Cash From Operating Activities $9.291B $5.637B
Capital Expenditures $783.0M $791.0M
Free Cash Flow $8.508B $4.846B
YoY Change 24.84% 76.93%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-5975000000 usd
us-gaap Net Income Loss
NetIncomeLoss
10217000000 usd
us-gaap Net Income Loss
NetIncomeLoss
-3154000000 usd
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.35
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Central Index Key
EntityCentralIndexKey
0000310158
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2024Q2 us-gaap Hedged Liability Statement Of Financial Position Extensible Enumeration
HedgedLiabilityStatementOfFinancialPositionExtensibleEnumeration
http://fasb.org/us-gaap/2024#LongTermDebtNoncurrent
CY2023Q4 us-gaap Hedged Liability Statement Of Financial Position Extensible Enumeration
HedgedLiabilityStatementOfFinancialPositionExtensibleEnumeration
http://fasb.org/us-gaap/2024#LongTermDebtNoncurrent
us-gaap Derivative Gain Loss Statement Of Income Or Comprehensive Income Extensible Enumeration
DerivativeGainLossStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration
http://fasb.org/us-gaap/2024#OtherNonoperatingIncomeExpense
us-gaap Derivative Gain Loss Statement Of Income Or Comprehensive Income Extensible Enumeration
DerivativeGainLossStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration
http://fasb.org/us-gaap/2024#OtherNonoperatingIncomeExpense
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2024Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
2534809312 shares
CY2023Q2 us-gaap Revenues
Revenues
15035000000 usd
us-gaap Revenues
Revenues
31887000000 usd
us-gaap Revenues
Revenues
29522000000 usd
CY2023Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
4024000000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
7285000000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
7951000000 usd
CY2023Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2702000000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
5221000000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
5182000000 usd
CY2023Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
13321000000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7492000000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
17597000000 usd
CY2023Q2 us-gaap Restructuring Charges
RestructuringCharges
151000000 usd
us-gaap Restructuring Charges
RestructuringCharges
202000000 usd
us-gaap Restructuring Charges
RestructuringCharges
218000000 usd
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-172000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-12000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-259000000 usd
CY2023Q2 mrk Costs Expenses And Other
CostsExpensesAndOther
20370000000 usd
mrk Costs Expenses And Other
CostsExpensesAndOther
20212000000 usd
mrk Costs Expenses And Other
CostsExpensesAndOther
31207000000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-5335000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
11675000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1685000000 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
637000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1447000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1462000000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
-5972000000 usd
us-gaap Profit Loss
ProfitLoss
10228000000 usd
us-gaap Profit Loss
ProfitLoss
-3147000000 usd
CY2023Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3000000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
11000000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
7000000 usd
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.35
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.03
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.24
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.24
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-5975000000 usd
us-gaap Net Income Loss
NetIncomeLoss
10217000000 usd
us-gaap Net Income Loss
NetIncomeLoss
-3154000000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
145000000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
197000000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
12000000 usd
CY2023Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
25000000 usd
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
15000000 usd
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
75000000 usd
CY2023Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-137000000 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-382000000 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-69000000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-17000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-200000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-132000000 usd
CY2023Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-5992000000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
10017000000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-3286000000 usd
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11304000000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6841000000 usd
CY2024Q2 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
50000000 usd
CY2023Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
252000000 usd
CY2024Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
82000000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
88000000 usd
CY2024Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
11642000000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
10349000000 usd
CY2024Q2 us-gaap Inventory Noncurrent
InventoryNoncurrent
3456000000 usd
CY2023Q4 us-gaap Inventory Noncurrent
InventoryNoncurrent
3348000000 usd
CY2024Q2 us-gaap Inventory Net
InventoryNet
6469000000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
6358000000 usd
CY2024Q2 us-gaap Other Assets Current
OtherAssetsCurrent
8740000000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
8368000000 usd
CY2024Q2 us-gaap Assets Current
AssetsCurrent
38205000000 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
32168000000 usd
CY2024Q2 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
357000000 usd
CY2023Q4 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
252000000 usd
CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
18960000000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
18266000000 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
23221000000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
23051000000 usd
CY2024Q2 us-gaap Goodwill
Goodwill
21161000000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
21197000000 usd
CY2024Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
16984000000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
18011000000 usd
CY2024Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
12702000000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
11996000000 usd
CY2024Q2 us-gaap Assets
Assets
112630000000 usd
CY2023Q4 us-gaap Assets
Assets
106675000000 usd
CY2024Q2 us-gaap Debt Current
DebtCurrent
3071000000 usd
CY2023Q4 us-gaap Debt Current
DebtCurrent
1372000000 usd
CY2024Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
3519000000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
3922000000 usd
CY2024Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
14712000000 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
15766000000 usd
CY2024Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
2777000000 usd
CY2023Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
2649000000 usd
CY2024Q2 us-gaap Dividends Payable Current
DividendsPayableCurrent
1981000000 usd
CY2023Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
1985000000 usd
CY2024Q2 us-gaap Liabilities Current
LiabilitiesCurrent
26060000000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
25694000000 usd
CY2024Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
34717000000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
33683000000 usd
CY2024Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
876000000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
871000000 usd
CY2024Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
7329000000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
8792000000 usd
CY2024Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.50
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.50
CY2024Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
6500000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
6500000000 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
3577103522 shares
CY2024Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
3577103522 shares
CY2024Q2 us-gaap Common Stock Value
CommonStockValue
1788000000 usd
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
1788000000 usd
CY2024Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
44362000000 usd
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
44509000000 usd
CY2024Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
60187000000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
53895000000 usd
CY2024Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-5361000000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-5161000000 usd
CY2024Q2 us-gaap Stockholders Equity Before Treasury Stock
StockholdersEquityBeforeTreasuryStock
100976000000 usd
CY2023Q4 us-gaap Stockholders Equity Before Treasury Stock
StockholdersEquityBeforeTreasuryStock
95031000000 usd
CY2024Q2 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
1041454052 shares
CY2023Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
1045470249 shares
CY2024Q2 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
57394000000 usd
CY2023Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
57450000000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
43582000000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
37581000000 usd
CY2024Q2 us-gaap Minority Interest
MinorityInterest
66000000 usd
CY2023Q4 us-gaap Minority Interest
MinorityInterest
54000000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
43648000000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
37635000000 usd
CY2024Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
112630000000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
106675000000 usd
us-gaap Profit Loss
ProfitLoss
10228000000 usd
us-gaap Profit Loss
ProfitLoss
-3147000000 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
1087000000 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
1020000000 usd
us-gaap Depreciation
Depreciation
1029000000 usd
us-gaap Depreciation
Depreciation
874000000 usd
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
200000000 usd
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
274000000 usd
mrk Research And Development Asset Acquired Other Than Through Business Combination Or Joint Venture Formation Writeoff Asset Acquisition Two
ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationOrJointVentureFormationWriteoffAssetAcquisitionTwo
656000000 usd
mrk Research And Development Asset Acquired Other Than Through Business Combination Or Joint Venture Formation Writeoff Asset Acquisition Three
ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationOrJointVentureFormationWriteoffAssetAcquisitionThree
0 usd
us-gaap Research And Development Asset Acquired Other Than Through Business Combination Written Off
ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationWrittenOff
0 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-232000000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
379000000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-174000000 usd
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
4394000000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
8727000000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1652000000 usd
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
64000000 usd
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
320000000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
746000000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
us-gaap Payments To Acquire Business Three Net Of Cash Acquired
PaymentsToAcquireBusinessThreeNetOfCashAcquired
0 usd
us-gaap Payments To Acquire Business Three Net Of Cash Acquired
PaymentsToAcquireBusinessThreeNetOfCashAcquired
10705000000 usd
us-gaap Payments To Acquire Business Two Net Of Cash Acquired
PaymentsToAcquireBusinessTwoNetOfCashAcquired
0 usd
us-gaap Payments To Acquire Business Two Net Of Cash Acquired
PaymentsToAcquireBusinessTwoNetOfCashAcquired
1327000000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
303000000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-4000000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2445000000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-13802000000 usd
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
0 usd
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
1937000000 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
3600000000 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
5946000000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
751000000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1751000000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3936000000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3738000000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
373000000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
487000000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
160000000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
112000000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-298000000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-315000000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1598000000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1704000000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-220000000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-6000000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4464000000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-7061000000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
68000000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
79000000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6909000000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12773000000 usd
CY2024Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
69000000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11373000000 usd
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
Certain reclassifications have been made to prior year amounts to conform to the current year presentation.
CY2023Q4 us-gaap Restructuring Reserve
RestructuringReserve
712000000 usd
us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
422000000 usd
us-gaap Payments For Restructuring
PaymentsForRestructuring
205000000 usd
mrk Restructuring Reserve Increase Decrease Noncash Activity
RestructuringReserveIncreaseDecreaseNoncashActivity
-242000000 usd
CY2024Q2 us-gaap Restructuring Reserve
RestructuringReserve
687000000 usd
CY2024Q2 us-gaap Hedged Liability Fair Value Hedge
HedgedLiabilityFairValueHedge
1521000000 usd
CY2023Q4 us-gaap Hedged Liability Fair Value Hedge
HedgedLiabilityFairValueHedge
1056000000 usd
CY2024Q2 us-gaap Hedged Liability Fair Value Hedge Cumulative Increase Decrease
HedgedLiabilityFairValueHedgeCumulativeIncreaseDecrease
30000000 usd
CY2023Q4 us-gaap Hedged Liability Fair Value Hedge Cumulative Increase Decrease
HedgedLiabilityFairValueHedgeCumulativeIncreaseDecrease
56000000 usd
CY2024Q2 us-gaap Derivative Assets
DerivativeAssets
491000000 usd
CY2024Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
142000000 usd
CY2024Q2 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
33098000000 usd
CY2023Q4 us-gaap Derivative Assets
DerivativeAssets
342000000 usd
CY2023Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
239000000 usd
CY2023Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
30551000000 usd
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
491000000 usd
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
142000000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
342000000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
239000000 usd
CY2024Q2 us-gaap Derivative Asset Not Offset Policy Election Deduction
DerivativeAssetNotOffsetPolicyElectionDeduction
114000000 usd
CY2024Q2 us-gaap Derivative Liability Not Offset Policy Election Deduction
DerivativeLiabilityNotOffsetPolicyElectionDeduction
114000000 usd
CY2023Q4 us-gaap Derivative Asset Not Offset Policy Election Deduction
DerivativeAssetNotOffsetPolicyElectionDeduction
215000000 usd
CY2023Q4 us-gaap Derivative Liability Not Offset Policy Election Deduction
DerivativeLiabilityNotOffsetPolicyElectionDeduction
215000000 usd
CY2024Q2 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
123000000 usd
CY2024Q2 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 usd
CY2023Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
3000000 usd
CY2023Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 usd
CY2024Q2 us-gaap Derivative Asset After Offset Subject To Master Netting Arrangement
DerivativeAssetAfterOffsetSubjectToMasterNettingArrangement
254000000 usd
CY2024Q2 us-gaap Derivative Liability After Offset Subject To Master Netting Arrangement
DerivativeLiabilityAfterOffsetSubjectToMasterNettingArrangement
28000000 usd
CY2023Q4 us-gaap Derivative Asset After Offset Subject To Master Netting Arrangement
DerivativeAssetAfterOffsetSubjectToMasterNettingArrangement
124000000 usd
CY2023Q4 us-gaap Derivative Liability After Offset Subject To Master Netting Arrangement
DerivativeLiabilityAfterOffsetSubjectToMasterNettingArrangement
24000000 usd
CY2024Q2 us-gaap Revenues
Revenues
16112000000 usd
CY2023Q2 us-gaap Revenues
Revenues
15035000000 usd
CY2024Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-42000000 usd
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-172000000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-87000000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-17000000 usd
us-gaap Revenues
Revenues
31887000000 usd
us-gaap Revenues
Revenues
29522000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-12000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-259000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-200000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-132000000 usd
CY2024Q2 us-gaap Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months
190000000 usd
CY2024Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
127000000 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
127000000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
337000000 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
337000000 usd
CY2024Q2 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
1026000000 usd
CY2023Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
764000000 usd
CY2024Q2 mrk Debt Securitiesand Equity Securities Fvni
DebtSecuritiesandEquitySecuritiesFVNI
1153000000 usd
CY2023Q4 mrk Debt Securitiesand Equity Securities Fvni
DebtSecuritiesandEquitySecuritiesFVNI
1101000000 usd
CY2024Q2 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-8000000 usd
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
125000000 usd
CY2023Q2 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-71000000 usd
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
267000000 usd
CY2024Q2 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
936000000 usd
CY2023Q2 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
949000000 usd
us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentAnnualAmount
61000000 usd
us-gaap Equity Securities Without Readily Determinable Fair Value Downward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueDownwardPriceAdjustmentAnnualAmount
5000000 usd
us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentAnnualAmount
3000000 usd
us-gaap Equity Securities Without Readily Determinable Fair Value Downward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueDownwardPriceAdjustmentAnnualAmount
23000000 usd
CY2024Q2 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentCumulativeAmount
355000000 usd
CY2024Q2 us-gaap Equity Securities Without Readily Determinable Fair Value Downward Price Adjustment Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueDownwardPriceAdjustmentCumulativeAmount
69000000 usd
CY2023Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
354000000 usd
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
456000000 usd
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-3000000 usd
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
10000000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
126000000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
117000000 usd
CY2024Q2 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
225000000 usd
CY2023Q2 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
349000000 usd
CY2024Q2 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
33500000000 usd
CY2024Q2 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
37800000000 usd
CY2023Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
32000000000.0 usd
CY2023Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
35100000000 usd
us-gaap Accounts Receivable Sale
AccountsReceivableSale
2900000000 usd
CY2023 us-gaap Accounts Receivable Sale
AccountsReceivableSale
3000000000.0 usd
CY2024Q2 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
123000000 usd
CY2023Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
3000000 usd
CY2024Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1889000000 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1954000000 usd
CY2024Q2 mrk Inventory Work In Process And Raw Materials Excluding Supplies
InventoryWorkInProcessAndRawMaterialsExcludingSupplies
8456000000 usd
CY2023Q4 mrk Inventory Work In Process And Raw Materials Excluding Supplies
InventoryWorkInProcessAndRawMaterialsExcludingSupplies
8037000000 usd
CY2024Q2 us-gaap Other Inventory Supplies
OtherInventorySupplies
267000000 usd
CY2023Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
277000000 usd
CY2024Q2 us-gaap Inventory Gross
InventoryGross
10612000000 usd
CY2023Q4 us-gaap Inventory Gross
InventoryGross
10268000000 usd
CY2024Q2 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
687000000 usd
CY2023Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
562000000 usd
CY2024Q2 mrk Inventory Net And Inventory Noncurrent
InventoryNetAndInventoryNoncurrent
9925000000 usd
CY2023Q4 mrk Inventory Net And Inventory Noncurrent
InventoryNetAndInventoryNoncurrent
9706000000 usd
CY2024Q2 us-gaap Inventory Net
InventoryNet
6469000000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
6358000000 usd
CY2024Q2 us-gaap Inventory Noncurrent
InventoryNoncurrent
3456000000 usd
CY2023Q4 us-gaap Inventory Noncurrent
InventoryNoncurrent
3348000000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
46905000000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-5975000000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-17000000 usd
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.73
CY2023Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1866000000 usd
CY2023Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
338000000 usd
CY2023Q2 us-gaap Stockholders Equity Other
StockholdersEquityOther
-55000000 usd
CY2023Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3000000 usd
CY2023Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
25000000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
38742000000 usd
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
40424000000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
5455000000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-87000000 usd
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.77
CY2024Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1965000000 usd
CY2024Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
251000000 usd
CY2024Q2 us-gaap Stockholders Equity Other
StockholdersEquityOther
-66000000 usd
CY2024Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
6000000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
43648000000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
46058000000 usd
us-gaap Net Income Loss
NetIncomeLoss
-3154000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-132000000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.46
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
3729000000 usd
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
487000000 usd
us-gaap Stockholders Equity Other
StockholdersEquityOther
-204000000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
7000000 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
25000000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
38742000000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
37635000000 usd
us-gaap Net Income Loss
NetIncomeLoss
10217000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-200000000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.54
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
3925000000 usd
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
373000000 usd
us-gaap Stockholders Equity Other
StockholdersEquityOther
-283000000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
11000000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
43648000000 usd
CY2023Q1 us-gaap Defined Benefit Plan Benefit Obligation Increase Decrease For Remeasurement Due To Settlement
DefinedBenefitPlanBenefitObligationIncreaseDecreaseForRemeasurementDueToSettlement
-47000000 usd
CY2024Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
69000000 usd
CY2023Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
109000000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
141000000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
221000000 usd
CY2024Q2 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
310000000 usd
CY2023Q2 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
277000000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
613000000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
519000000 usd
CY2024Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-60000000 usd
CY2023Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-62000000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-144000000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-122000000 usd
CY2024Q2 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
56000000 usd
CY2023Q2 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-175000000 usd
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
200000000 usd
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
274000000 usd
CY2024Q2 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-159000000 usd
CY2023Q2 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-111000000 usd
us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-319000000 usd
us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
-226000000 usd
CY2024Q2 mrk Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
44000000 usd
CY2023Q2 mrk Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
122000000 usd
mrk Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
85000000 usd
mrk Other Nonoperating Income Expense Other
OtherNonoperatingIncomeExpenseOther
-339000000 usd
CY2024Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-42000000 usd
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-172000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-12000000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-259000000 usd
us-gaap Interest Paid Net
InterestPaidNet
581000000 usd
us-gaap Interest Paid Net
InterestPaidNet
449000000 usd
CY2024Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.091
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.124
CY2024Q2 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies Domestic
EffectiveIncomeTaxRateReconciliationTaxContingenciesDomestic
0.043
us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies Domestic
EffectiveIncomeTaxRateReconciliationTaxContingenciesDomestic
0.022
us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
259000000 usd
CY2024Q2 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
259000000 usd
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Research And Development
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseResearchAndDevelopment
0.007
mrk Tax Benefit Resulting From Acquisition Charge
TaxBenefitResultingFromAcquisitionCharge
0 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
637000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1500000000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-5300000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1700000000 usd
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.119
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.868
CY2023Q2 mrk Tax Benefit Resulting From Acquisition Charge
TaxBenefitResultingFromAcquisitionCharge
0 usd
CY2023Q2 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Research And Development
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseResearchAndDevelopment
0.251
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Research And Development
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseResearchAndDevelopment
1.019
mrk Tax Benefit Resulting From Acquisition Charge
TaxBenefitResultingFromAcquisitionCharge
0 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
5455000000 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
5455000000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-5975000000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-5975000000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
10217000000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
10217000000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-3154000000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3154000000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2534000000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2539000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2534000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2539000000 shares
CY2024Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
10000000 shares
CY2023Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
10000000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2544000000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2539000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2544000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2539000000 shares
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.15
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.35
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.03
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.24
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.14
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.35
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.24
CY2024Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7000000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5000000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2024Q2 us-gaap Revenues
Revenues
16112000000 usd
CY2023Q2 us-gaap Revenues
Revenues
15035000000 usd
us-gaap Revenues
Revenues
31887000000 usd
us-gaap Revenues
Revenues
29522000000 usd
mrk Increase Decrease In Hedge Revenue
IncreaseDecreaseInHedgeRevenue
118000000 usd
mrk Increase Decrease In Hedge Revenue
IncreaseDecreaseInHedgeRevenue
128000000 usd
us-gaap Proceeds From Sale Of Intangible Assets
ProceedsFromSaleOfIntangibleAssets
76000000 usd
us-gaap Proceeds From Sale Of Intangible Assets
ProceedsFromSaleOfIntangibleAssets
54000000 usd
CY2024Q2 mrk Sales Discounts
SalesDiscounts
3300000000 usd
CY2023Q2 mrk Sales Discounts
SalesDiscounts
3200000000 usd
mrk Sales Discounts
SalesDiscounts
6600000000 usd
mrk Sales Discounts
SalesDiscounts
6300000000 usd
CY2024Q2 us-gaap Revenues
Revenues
16112000000 usd
CY2023Q2 us-gaap Revenues
Revenues
15035000000 usd
us-gaap Revenues
Revenues
31887000000 usd
us-gaap Revenues
Revenues
29522000000 usd
CY2024Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6006000000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-5335000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
11675000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1685000000 usd
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0001628280-24-034715-index-headers.html Edgar Link pending
0001628280-24-034715-index.html Edgar Link pending
0001628280-24-034715.txt Edgar Link pending
0001628280-24-034715-xbrl.zip Edgar Link pending
exhibit311-rule13ax14a15dx.htm Edgar Link pending
exhibit312-rule13ax14a15dx.htm Edgar Link pending
exhibit321-section1350cert.htm Edgar Link pending
exhibit322-section1350cert.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
mrk-20240630.htm Edgar Link pending
mrk-20240630.xsd Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
mrk-20240630_cal.xml Edgar Link unprocessable
mrk-20240630_def.xml Edgar Link unprocessable
mrk-20240630_lab.xml Edgar Link unprocessable
mrk-20240630_pre.xml Edgar Link unprocessable
mrk-20240630_htm.xml Edgar Link completed
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending