v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 7,564 $ 9,991
Short-term marketable debt securities 68 0
Accounts receivable, net 4,913 4,420
Inventories 1,774 1,710
Prepaid and other current assets 4,024 3,052
Total current assets 18,342 19,173
Property, plant and equipment, net 5,606 5,414
Long-term marketable debt securities 2,974 0
Intangible assets, net 16,978 19,948
Goodwill 8,314 8,314
Deferred tax assets 1,964 2,378
Other long-term assets 4,845 3,769
Total assets 59,023 58,995
Current liabilities:    
Accounts payable 715 833
Accrued rebates 4,337 3,892
Current portion of long-term debt, net 2,807 1,815
Other current liabilities 3,953 5,464
Total current liabilities 11,813 12,004
Long-term debt, net 22,129 24,896
Long-term income taxes payable 896 830
Deferred tax liabilities 402 724
Other long-term liabilities 1,165 1,295
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Preferred stock, par value $0.001 per share; 5 shares authorized; none outstanding 0 0
Common stock, par value $0.001 per share; 5,600 authorized; 1,241 and 1,246 shares issued and outstanding, respectively 1 1
Additional paid-in capital 8,932 7,700
Accumulated other comprehensive income 39 132
Retained earnings 13,730 11,497
Total Gilead stockholders’ equity 22,703 19,330
Noncontrolling interest (84) (84)
Total stockholders’ equity 22,618 19,246
Total liabilities and stockholders’ equity $ 59,023 $ 58,995