| Schedule of Net Sales and Operating Earnings by Segment |
The following segment information has been prepared in accordance with the internal accounting policies of Abbott, as described above, and is not presented in accordance with generally accepted accounting principles applied to the condensed consolidated financial statements. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net Sales to External Customers | | Cost of Products Sold | | Research and Development | | Selling, General, and Administrative | | Operating Earnings | | | Three Months Ended June 30, | | Three Months Ended June 30, | | Three Months Ended June 30, | | Three Months Ended June 30, | | Three Months Ended June 30, | | (in millions) | | 2026 | | 2025 | | 2026 | | 2025 | | 2026 | | 2025 | | 2026 | | 2025 | | 2026 | | 2025 | | Established Pharmaceuticals | | $ | 1,499 | | | $ | 1,383 | | | $ | (650) | | | $ | (631) | | | $ | (48) | | | $ | (43) | | | $ | (419) | | | $ | (363) | | | $ | 382 | | | $ | 346 | | | Nutritional Products | | 2,144 | | | 2,212 | | | (1,148) | | | (1,155) | | | (54) | | | (54) | | | (574) | | | (585) | | | 368 | | | 418 | | | Diagnostic Products | | 3,092 | | | 2,173 | | | (1,532) | | | (1,224) | | | (268) | | | (154) | | | (793) | | | (423) | | | 499 | | | 372 | | | Medical Devices | | 5,853 | | | 5,369 | | | (1,925) | | | (1,758) | | | (470) | | | (430) | | | (1,489) | | | (1,385) | | | 1,969 | | | 1,796 | | | Total | | $ | 12,588 | | | $ | 11,137 | | | $ | (5,255) | | | $ | (4,768) | | | $ | (840) | | | $ | (681) | | | $ | (3,275) | | | $ | (2,756) | | | $ | 3,218 | | | $ | 2,932 | | | Other | | 5 | | | 5 | | | | | | | | | | | | | | | | | | | Net sales | | $ | 12,593 | | | $ | 11,142 | | | | | | | | | | | | | | | | | | | Corporate functions and plan benefit costs | | | | | | | | | | | | | | | | | | (45) | | | (65) | | | Net interest expense | | | | | | | | | | | | | | | | | | (299) | | | (50) | | | Share-based compensation (a) | | | | | | | | | | | | | | | | | | (168) | | | (142) | | | Amortization of intangible assets | | | | | | | | | | | | | | | | | | (658) | | | (420) | | | Other, net (b) | | | | | | | | | | | | | | | | | | (524) | | | (105) | | | Earnings before Taxes | | | | | | | | | | | | | | | | | | $ | 1,524 | | | $ | 2,150 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net Sales to External Customers | | Cost of Products Sold | | Research and Development | | Selling, General, and Administrative | | Operating Earnings | | | Six Months Ended June 30, | | Six Months Ended June 30, | | Six Months Ended June 30, | | Six Months Ended June 30, | | Six Months Ended June 30, | | (in millions) | | 2026 | | 2025 | | 2026 | | 2025 | | 2026 | | 2025 | | 2026 | | 2025 | | 2026 | | 2025 | | Established Pharmaceuticals | | $ | 2,925 | | | $ | 2,643 | | | $ | (1,294) | | | $ | (1,200) | | | $ | (89) | | | $ | (85) | | | $ | (795) | | | $ | (714) | | | $ | 747 | | | $ | 644 | | | Nutritional Products | | 4,161 | | | 4,358 | | | (2,237) | | | (2,279) | | | (108) | | | (106) | | | (1,137) | | | (1,161) | | | 679 | | | 812 | | | Diagnostic Products | | 5,272 | | | 4,227 | | | (2,774) | | | (2,376) | | | (423) | | | (305) | | | (1,241) | | | (815) | | | 834 | | | 731 | | | Medical Devices | | 11,392 | | | 10,264 | | | (3,739) | | | (3,356) | | | (914) | | | (831) | | | (2,877) | | | (2,672) | | | 3,862 | | | 3,405 | | | Total | | $ | 23,750 | | | $ | 21,492 | | | $ | (10,044) | | | $ | (9,211) | | | $ | (1,534) | | | $ | (1,327) | | | $ | (6,050) | | | $ | (5,362) | | | $ | 6,122 | | | $ | 5,592 | | | Other | | 7 | | | 8 | | | | | | | | | | | | | | | | | | | Net sales | | $ | 23,757 | | | $ | 21,500 | | | | | | | | | | | | | | | | | | | Corporate functions and plan benefit costs | | | | | | | | | | | | | | | | | | (110) | | | (93) | | | Net interest expense | | | | | | | | | | | | | | | | | | (367) | | | (99) | | | Share-based compensation (a) | | | | | | | | | | | | | | | | | | (806) | | | (431) | | | Amortization of intangible assets | | | | | | | | | | | | | | | | | | (1,080) | | | (840) | | | Other, net (b) | | | | | | | | | | | | | | | | | | (786) | | | (201) | | | Earnings before Taxes | | | | | | | | | | | | | | | | | | $ | 2,973 | | | $ | 3,928 | | ___________________________________ | | | | | | | (a) | Approximately 45 percent of the annual net cost of share-based awards will typically be recognized in the first quarter due to the timing of the granting of share-based awards. The first six months of 2026 included $321 million of stock compensation expense related to the cash settlement of equity awards in connection with the Exact Sciences acquisition, per the terms of the merger agreement. | | (b) | Other, net for the three and six months ended June 30, 2026, includes costs related to the acquisition of Exact Sciences, legal reserves, and restructuring charges. Other, net for the three and six months ended June 30, 2025, includes charges related to restructurings, fair value adjustments to contingent consideration and integration costs related to business combinations. Other, net for the six months ended June 30, 2025, also includes impairment charges related to various investments. |
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| Schedule of Reconciliation of Segment Assets to Total Assets |
| | | | | | | | | | | | | | | | | Total Assets | | (in millions) | | As of June 30, 2026 | | As of December 31, 2025 | | Established Pharmaceuticals | | $ | 3,819 | | | $ | 3,540 | | | Nutritional Products | | 5,278 | | | 4,791 | | | Diagnostic Products | | 9,709 | | | 8,273 | | | Medical Devices | | 11,406 | | | 10,689 | | | Total Reportable Segment Assets | | $ | 30,212 | | | $ | 27,293 | | | Cash and investments | | 6,714 | | | 9,857 | | | Goodwill and intangible assets | | 52,455 | | | 29,561 | | | All other (c) | | 19,834 | | | 20,002 | | | Total Assets | | $ | 109,215 | | | $ | 86,713 | |
| | | | | | | (c) | As of June 30, 2026, and December 31, 2025, all other includes the long-term assets associated with the defined benefit plans and certain deferred tax assets. |
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