v3.26.1
Equity (Tables)
3 Months Ended
Mar. 31, 2026
Stockholders' Equity Note [Abstract]  
Summary of share-based compensation expense
Stock-based compensation expense is principally related to awards issued pursuant to the AbbVie 2013 Incentive Stock Program and the AbbVie Amended and Restated 2013 Incentive Stock Program and is summarized as follows:
Three months ended
March 31,
(in millions)20262025
Cost of products sold$25 $22 
Research and development182 160 
Selling, general and administrative237 228 
Pre-tax compensation expense444 410 
Tax benefit(75)(70)
After-tax compensation expense$369 $340 
Summary of quarterly cash dividends
The following table summarizes quarterly cash dividends declared during 2026 and 2025:
20262025
Date DeclaredPayment Date
Dividend Per Share
Date Declared
Payment Date
Dividend Per Share
02/19/2605/15/26$1.73 10/31/2502/17/26$1.73 
09/05/2511/14/25$1.64 
06/20/2508/15/25$1.64 
02/13/2505/15/25$1.64 
Summary of changes in balances of each component of accumulated other comprehensive loss
The following table summarizes the changes in each component of accumulated other comprehensive loss, net of tax, for the three months ended March 31, 2026:
(in millions)Foreign currency
translation adjustments
Net investment
hedging activities
Pension 
and post-employment
benefits
Cash flow hedging
activities
Total
Balance as of December 31, 2025$(633)$(422)$(243)$154 $(1,144)
Other comprehensive income (loss) before reclassifications(204)185 (2)36 15 
Net losses (gains) reclassified from accumulated other comprehensive loss— (29)(24)
Net current-period other comprehensive income (loss)(204)156 (1)40 (9)
Balance as of March 31, 2026$(837)$(266)$(244)$194 $(1,153)
The following table summarizes the changes in each component of accumulated other comprehensive loss, net of tax, for the three months ended March 31, 2025:
(in millions)Foreign currency
translation adjustments
Net investment
hedging activities
Pension 
and post-employment
benefits
Cash flow hedging
activities
Total
Balance as of December 31, 2024$(2,114)$549 $(664)$304 $(1,925)
Other comprehensive income (loss) before reclassifications487 (256)(1)(17)213 
Net gains reclassified from accumulated other comprehensive loss— (27)(1)(2)(30)
Net current-period other comprehensive income (loss)487 (283)(2)(19)183 
Balance as of March 31, 2025$(1,627)$266 $(666)$285 $(1,742)
Schedule of the significant amounts reclassified out of each component of accumulated other comprehensive loss
The following table presents the impact on AbbVie’s condensed consolidated statements of earnings for significant amounts reclassified out of each component of accumulated other comprehensive loss:
Three months ended
March 31,
(in millions) (brackets denote gains)20262025
Net investment hedging activities
Gains on derivative amount excluded from effectiveness testing(a)
$(37)$(34)
Tax expense
Total reclassifications, net of tax$(29)$(27)
Pension and post-employment benefits
Amortization of actuarial losses (gains) and other(b)
$$(1)
Tax benefit— — 
Total reclassifications, net of tax$$(1)
Cash flow hedging activities
Gains on foreign currency forward exchange contracts(c)
$$
Other(a)
(6)(5)
Tax expense
Total reclassifications, net of tax$$(2)
(a) Amounts are included in interest expense, net (see Note 7).
(b) Amounts are included in the computation of net periodic benefit cost (see Note 8).
(c) Amounts are included in cost of products sold (see Note 7).