Merck & Co., Inc.
10-K · 2026-02-24T00:00:00Z · 0000310158-26-000063123 tables
Cover (2)
Statements (8)
- R3.htmConsolidated Statement of Income
9952151 - Statement - Consolidated Statement of Income
- R4.htmConsolidated Statement of Comprehensive Income (Loss)
9952152 - Statement - Consolidated Statement of Comprehensive Income (Loss)
- R5.htmConsolidated Balance Sheet
9952153 - Statement - Consolidated Balance Sheet
- R6.htmConsolidated Balance Sheet (Parenthetical)
9952154 - Statement - Consolidated Balance Sheet (Parenthetical)
- R7.htmConsolidated Statement of Equity
9952155 - Statement - Consolidated Statement of Equity
- R8.htmConsolidated Statement of Equity (Parenthetical)
9952156 - Statement - Consolidated Statement of Equity (Parenthetical)
- R9.htmConsolidated Statement of Cash Flows
9952157 - Statement - Consolidated Statement of Cash Flows
- R10.htmConsolidated Statement of Cash Flows (Parenthetical)
9952158 - Statement - Consolidated Statement of Cash Flows (Parenthetical)
Notes (21)
- R11.htmNature of Operations
9952159 - Disclosure - Nature of Operations
- R12.htmSummary of Accounting Policies
9952160 - Disclosure - Summary of Accounting Policies
- R13.htmAcquisitions, Research Collaborations and Licensing Agreements
9952161 - Disclosure - Acquisitions, Research Collaborations and Licensing Agreements
- R14.htmCollaborative Arrangements
9952162 - Disclosure - Collaborative Arrangements
- R15.htmRestructuring
9952163 - Disclosure - Restructuring
- R16.htmFinancial Instruments
9952164 - Disclosure - Financial Instruments
- R17.htmInventories
9952165 - Disclosure - Inventories
- R18.htmGoodwill and Other Intangibles
9952166 - Disclosure - Goodwill and Other Intangibles
- R19.htmLoans Payable, Long-Term Debt and Leases
9952167 - Disclosure - Loans Payable, Long-Term Debt and Leases
- R20.htmContingencies and Environmental Liabilities
9952168 - Disclosure - Contingencies and Environmental Liabilities
- R21.htmEquity
9952169 - Disclosure - Equity
- R22.htmShare-Based Compensation Plans
9952170 - Disclosure - Share-Based Compensation Plans
- R23.htmPension and Other Postretirement Benefit Plans
9952171 - Disclosure - Pension and Other Postretirement Benefit Plans
- R24.htmOther (Income) Expense, Net
9952172 - Disclosure - Other (Income) Expense, Net
- R25.htmTaxes on Income
9952173 - Disclosure - Taxes on Income
- R26.htmEarnings per Share
9952174 - Disclosure - Earnings per Share
- R27.htmOther Comprehensive Income (Loss)
9952175 - Disclosure - Other Comprehensive Income (Loss)
- R28.htmSegment Reporting
9952176 - Disclosure - Segment Reporting
- R29.htmInsider Trading Arrangements
995445 - Disclosure - Insider Trading Arrangements
- R30.htmInsider Trading Policies and Procedures
995447 - Disclosure - Insider Trading Policies and Procedures
- R31.htmCybersecurity Risk Management and Strategy Disclosure
995550 - Disclosure - Cybersecurity Risk Management and Strategy Disclosure
Policies (1)
Tables (15)
- R33.htmAcquisitions, Research Collaborations and Licensing Agreements (Tables)
9955512 - Disclosure - Acquisitions, Research Collaborations and Licensing Agreements (Tables)
- R34.htmCollaborative Arrangements (Tables)
9955513 - Disclosure - Collaborative Arrangements (Tables)
- R35.htmRestructuring (Tables)
9955514 - Disclosure - Restructuring (Tables)
- R36.htmFinancial Instruments (Tables)
9955515 - Disclosure - Financial Instruments (Tables)
- R37.htmInventories (Tables)
9955516 - Disclosure - Inventories (Tables)
- R38.htmGoodwill and Other Intangibles (Tables)
9955517 - Disclosure - Goodwill and Other Intangibles (Tables)
- R39.htmLoans Payable, Long-Term Debt and Leases (Tables)
9955518 - Disclosure - Loans Payable, Long-Term Debt and Leases (Tables)
- R40.htmEquity (Tables)
9955519 - Disclosure - Equity (Tables)
- R41.htmShare-Based Compensation Plans (Tables)
9955520 - Disclosure - Share-Based Compensation Plans (Tables)
- R42.htmPension and Other Postretirement Benefit Plans (Tables)
9955521 - Disclosure - Pension and Other Postretirement Benefit Plans (Tables)
- R43.htmOther (Income) Expense, Net (Tables)
9955522 - Disclosure - Other (Income) Expense, Net (Tables)
- R44.htmTaxes on Income (Tables)
9955523 - Disclosure - Taxes on Income (Tables)
- R45.htmEarnings per Share (Tables)
9955524 - Disclosure - Earnings per Share (Tables)
- R46.htmOther Comprehensive Income (Loss) (Tables)
9955525 - Disclosure - Other Comprehensive Income (Loss) (Tables)
- R47.htmSegment Reporting (Tables)
9955526 - Disclosure - Segment Reporting (Tables)
Details (76)
- R48.htmNature of Operations (Details)
9955527 - Disclosure - Nature of Operations (Details)
- R49.htmSummary of Accounting Policies (Details)
9955528 - Disclosure - Summary of Accounting Policies (Details)
- R50.htmAcquisitions, Research Collaborations and Licensing Agreements - Narrative (Details)
9955529 - Disclosure - Acquisitions, Research Collaborations and Licensing Agreements - Narrative (Details)
- R51.htmAcquisitions, Research Collaborations and Licensing Agreements - Schedule of Estimated Fair Value of Assets Acquired and Liabilities Assumed (Details)
9955530 - Disclosure - Acquisitions, Research Collaborations and Licensing Agreements - Schedule of Estimated Fair Value of Assets Acquired and Liabilities Assumed (Details)
- R52.htmCollaborative Arrangements - AstraZeneca PLC - Narrative (Details)
9955531 - Disclosure - Collaborative Arrangements - AstraZeneca PLC - Narrative (Details)
- R53.htmCollaborative Arrangements - AstraZeneca PLC (Details)
9955532 - Disclosure - Collaborative Arrangements - AstraZeneca PLC (Details)
- R54.htmCollaborative Arrangements - Eisai Co., Ltd. - Narrative (Details)
9955533 - Disclosure - Collaborative Arrangements - Eisai Co., Ltd. - Narrative (Details)
- R55.htmCollaborative Arrangements - Eisai Co., Ltd. (Details)
9955534 - Disclosure - Collaborative Arrangements - Eisai Co., Ltd. (Details)
- R56.htmCollaborative Arrangements - Bayer AG (Details)
9955535 - Disclosure - Collaborative Arrangements - Bayer AG (Details)
- R57.htmCollaborative Arrangements - Ridgeback Biotherapeutics LP (Details)
9955536 - Disclosure - Collaborative Arrangements - Ridgeback Biotherapeutics LP (Details)
- R58.htmCollaborative Arrangements - Daiicho Sankyo - Narrative (Details)
9955537 - Disclosure - Collaborative Arrangements - Daiicho Sankyo - Narrative (Details)
- R59.htmCollaborative Arrangements - Daiicho Sankyo (Details)
9955538 - Disclosure - Collaborative Arrangements - Daiicho Sankyo (Details)
- R60.htmCollaborative Arrangements - Moderna, Inc. - Narrative (Details)
9955539 - Disclosure - Collaborative Arrangements - Moderna, Inc. - Narrative (Details)
- R61.htmCollaborative Arrangements - Moderna, Inc. (Details)
9955540 - Disclosure - Collaborative Arrangements - Moderna, Inc. (Details)
- R62.htmCollaborative Arrangements - Bristol Meyers Squibb Company - Narrative (Details)
9955541 - Disclosure - Collaborative Arrangements - Bristol Meyers Squibb Company - Narrative (Details)
- R63.htmRestructuring - Narrative (Details)
9955542 - Disclosure - Restructuring - Narrative (Details)
- R64.htmRestructuring - Schedule of Charges Activities by Type of Cost (Details)
9955543 - Disclosure - Restructuring - Schedule of Charges Activities by Type of Cost (Details)
- R65.htmRestructuring - Schedule of Activities by Program (Details)
9955544 - Disclosure - Restructuring - Schedule of Activities by Program (Details)
- R66.htmFinancial Instruments - Narrative (Details)
9955545 - Disclosure - Financial Instruments - Narrative (Details)
- R67.htmFinancial Instruments - Schedule of Effect of Net Investment Hedges (Details)
9955546 - Disclosure - Financial Instruments - Schedule of Effect of Net Investment Hedges (Details)
- R68.htmFinancial Instruments - Schedule of Interest Rate Swaps Held (Details)
9955547 - Disclosure - Financial Instruments - Schedule of Interest Rate Swaps Held (Details)
- R69.htmFinancial Instruments - Schedule of Amounts Recorded on Balance Sheet Related to Fair Value Hedges (Details)
9955548 - Disclosure - Financial Instruments - Schedule of Amounts Recorded on Balance Sheet Related to Fair Value Hedges (Details)
- R70.htmFinancial Instruments - Schedule of Fair Value of Derivatives Segregated between those Derivatives that are Designated as Hedging Instruments and those that are Not Designated as Hedging Instruments (Details)
9955549 - Disclosure - Financial Instruments - Schedule of Fair Value of Derivatives Segregated between those Derivatives that are Designated as Hedging Instruments and those that are Not Designated as Hedging Instruments (Details)
- R71.htmFinancial Instruments - Schedule of Information on Derivative Positions Subject to Master Netting Arrangements as if they were Presented on a Net Basis (Details)
9955550 - Disclosure - Financial Instruments - Schedule of Information on Derivative Positions Subject to Master Netting Arrangements as if they were Presented on a Net Basis (Details)
- R72.htmFinancial Instruments - Schedule of Location and Pretax (Gains) or Loss Amounts for Derivatives (Details)
9955551 - Disclosure - Financial Instruments - Schedule of Location and Pretax (Gains) or Loss Amounts for Derivatives (Details)
- R73.htmFinancial Instruments - Schedule of Income Statement Effects on Derivatives Not Designated as Hedging Instruments (Details)
9955552 - Disclosure - Financial Instruments - Schedule of Income Statement Effects on Derivatives Not Designated as Hedging Instruments (Details)
- R74.htmFinancial Instruments - Schedule of Information on Debt and Equity Securities (Details)
9955553 - Disclosure - Financial Instruments - Schedule of Information on Debt and Equity Securities (Details)
- R75.htmFinancial Instruments - Schedule of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Details)
9955554 - Disclosure - Financial Instruments - Schedule of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Details)
- R76.htmFinancial Instruments - Schedule of Information About Changes in Liabilities for Contingent Consideration (Details)
9955555 - Disclosure - Financial Instruments - Schedule of Information About Changes in Liabilities for Contingent Consideration (Details)
- R77.htmInventories - Schedule of Inventories (Details)
9955556 - Disclosure - Inventories - Schedule of Inventories (Details)
- R78.htmInventories - Narrative (Details)
9955557 - Disclosure - Inventories - Narrative (Details)
- R79.htmGoodwill and Other Intangibles - Schedule of Goodwill Activity by Segment (Details)
9955558 - Disclosure - Goodwill and Other Intangibles - Schedule of Goodwill Activity by Segment (Details)
- R80.htmGoodwill and Other Intangibles - Schedule of Other Intangibles (Details)
9955559 - Disclosure - Goodwill and Other Intangibles - Schedule of Other Intangibles (Details)
- R81.htmGoodwill and Other Intangibles - Narrative (Details)
9955560 - Disclosure - Goodwill and Other Intangibles - Narrative (Details)
- R82.htmLoans Payable, Long-Term Debt and Leases - Narrative (Details)
9955561 - Disclosure - Loans Payable, Long-Term Debt and Leases - Narrative (Details)
- R83.htmLoans Payable, Long-Term Debt and Leases - Schedule of Long-Term Debt (Details)
9955562 - Disclosure - Loans Payable, Long-Term Debt and Leases - Schedule of Long-Term Debt (Details)
- R84.htmLoans Payable, Long-Term Debt and Leases - Schedule of Balance Sheet Information (Details)
9955563 - Disclosure - Loans Payable, Long-Term Debt and Leases - Schedule of Balance Sheet Information (Details)
- R85.htmLoans Payable, Long-Term Debt and Leases - Schedule of Maturity Schedule (Details)
9955564 - Disclosure - Loans Payable, Long-Term Debt and Leases - Schedule of Maturity Schedule (Details)
- R86.htmContingencies and Environmental Liabilities (Details)
9955565 - Disclosure - Contingencies and Environmental Liabilities (Details)
- R87.htmEquity - Narrative (Details)
9955566 - Disclosure - Equity - Narrative (Details)
- R88.htmEquity - Schedule of Shareholders' Equity (Details)
9955567 - Disclosure - Equity - Schedule of Shareholders' Equity (Details)
- R89.htmShare-Based Compensation Plans - Narrative (Details)
9955568 - Disclosure - Share-Based Compensation Plans - Narrative (Details)
- R90.htmShare-Based Compensation Plans - Schedule of Assumptions Used to Determine Weighted-Average Fair Value of Options Granted (Details)
9955569 - Disclosure - Share-Based Compensation Plans - Schedule of Assumptions Used to Determine Weighted-Average Fair Value of Options Granted (Details)
- R91.htmShare-Based Compensation Plans - Schedule of Information Relative to Stock Option Plan Activity (Details)
9955570 - Disclosure - Share-Based Compensation Plans - Schedule of Information Relative to Stock Option Plan Activity (Details)
- R92.htmShare-Based Compensation Plans - Schedule of Additional Information Pertaining to Stock Option Plans (Details)
9955571 - Disclosure - Share-Based Compensation Plans - Schedule of Additional Information Pertaining to Stock Option Plans (Details)
- R93.htmShare-Based Compensation Plans - Schedule of Nonvested RSU and PSU Activity (Details)
9955572 - Disclosure - Share-Based Compensation Plans - Schedule of Nonvested RSU and PSU Activity (Details)
- R94.htmPension and Other Postretirement Benefit Plans - Components of Net Periodic Benefit Cost (Details)
9955573 - Disclosure - Pension and Other Postretirement Benefit Plans - Components of Net Periodic Benefit Cost (Details)
- R95.htmPension and Other Postretirement Benefit Plans - Obligation and Funded Status (Details)
9955574 - Disclosure - Pension and Other Postretirement Benefit Plans - Obligation and Funded Status (Details)
- R96.htmPension and Other Postretirement Benefit Plans - Narrative (Details)
9955575 - Disclosure - Pension and Other Postretirement Benefit Plans - Narrative (Details)
- R97.htmPension and Other Postretirement Benefit Plans - Accumulated and Projected Benefit Obligation in Excess of Plan Assets (Details)
9955576 - Disclosure - Pension and Other Postretirement Benefit Plans - Accumulated and Projected Benefit Obligation in Excess of Plan Assets (Details)
- R98.htmPension and Other Postretirement Benefit Plans - Fair Values of Pension Plan Assets (Details)
9955577 - Disclosure - Pension and Other Postretirement Benefit Plans - Fair Values of Pension Plan Assets (Details)
- R99.htmPension and Other Postretirement Benefit Plans - Summary of Changes in Fair Value of Company's Level 3 Pension Plan Assets (Details)
9955578 - Disclosure - Pension and Other Postretirement Benefit Plans - Summary of Changes in Fair Value of Company's Level 3 Pension Plan Assets (Details)
- R100.htmPension and Other Postretirement Benefit Plans - Fair Values of Other Postretirement Benefit Plan Assets (Details)
9955579 - Disclosure - Pension and Other Postretirement Benefit Plans - Fair Values of Other Postretirement Benefit Plan Assets (Details)
- R101.htmPension and Other Postretirement Benefit Plans - Summary of Expected Benefit Payments (Details)
9955580 - Disclosure - Pension and Other Postretirement Benefit Plans - Summary of Expected Benefit Payments (Details)
- R102.htmPension and Other Postretirement Benefit Plans - Components of Other Comprehensive Income (Details)
9955581 - Disclosure - Pension and Other Postretirement Benefit Plans - Components of Other Comprehensive Income (Details)
- R103.htmPension and Other Postretirement Benefit Plans - Summary of Weighted Average Assumptions Used in Determining Pension Plan and U.S. Pension and Other Postretirement Benefit Plan Information (Details)
9955582 - Disclosure - Pension and Other Postretirement Benefit Plans - Summary of Weighted Average Assumptions Used in Determining Pension Plan and U.S. Pension and Other Postretirement Benefit Plan Information (Details)
- R104.htmPension and Other Postretirement Benefit Plans - Summary of Health Care Cost Trend Rate Assumptions for Other Postretirement Benefit Plans (Details)
9955583 - Disclosure - Pension and Other Postretirement Benefit Plans - Summary of Health Care Cost Trend Rate Assumptions for Other Postretirement Benefit Plans (Details)
- R105.htmOther (Income) Expense, Net - Schedule of Other (Income) Expense, Net (Details)
9955584 - Disclosure - Other (Income) Expense, Net - Schedule of Other (Income) Expense, Net (Details)
- R106.htmOther (Income) Expense, Net - Narrative (Details)
9955585 - Disclosure - Other (Income) Expense, Net - Narrative (Details)
- R107.htmTax Income - Schedule of Reconciliation Between Effective Tax Rate and U.S. Statutory Rate (Details)
9955586 - Disclosure - Tax Income - Schedule of Reconciliation Between Effective Tax Rate and U.S. Statutory Rate (Details)
- R108.htmTax Income - Schedule of Reconciliation Between Effective Tax Rate and U.S. Statutory Rate (Details)
9955587 - Disclosure - Tax Income - Schedule of Reconciliation Between Effective Tax Rate and U.S. Statutory Rate (Details)
- R109.htmTaxes on Income - Narrative (Details)
9955588 - Disclosure - Taxes on Income - Narrative (Details)
- R110.htmTaxes on Income - Schedule of Income Before Taxes (Details)
9955589 - Disclosure - Taxes on Income - Schedule of Income Before Taxes (Details)
- R111.htmTaxes on Income - Schedule of Taxes on Income (Details)
9955590 - Disclosure - Taxes on Income - Schedule of Taxes on Income (Details)
- R112.htmTaxes on Income - Schedule of Deferred Income Taxes (Details)
9955591 - Disclosure - Taxes on Income - Schedule of Deferred Income Taxes (Details)
- R113.htmTaxes on Income - Schedule of Income Taxes Paid by Jurisdiction (Details)
9955592 - Disclosure - Taxes on Income - Schedule of Income Taxes Paid by Jurisdiction (Details)
- R114.htmTaxes on Income - Schedule of Unrecognized Tax Benefits (Details)
9955593 - Disclosure - Taxes on Income - Schedule of Unrecognized Tax Benefits (Details)
- R115.htmEarnings Per Share - Schedule of Calculations of Earnings Per Share (Details)
9955594 - Disclosure - Earnings Per Share - Schedule of Calculations of Earnings Per Share (Details)
- R116.htmEarnings Per Share - Narrative (Details)
9955595 - Disclosure - Earnings Per Share - Narrative (Details)
- R117.htmOther Comprehensive Income (Loss) (Details)
9955596 - Disclosure - Other Comprehensive Income (Loss) (Details)
- R118.htmSegment Reporting - Narrative (Details)
9955597 - Disclosure - Segment Reporting - Narrative (Details)
- R119.htmSegment Reporting - Schedule of Sales of Company's Products (Details)
9955598 - Disclosure - Segment Reporting - Schedule of Sales of Company's Products (Details)
- R120.htmSegment Reporting - Schedule of Consolidated Revenues by Geographic Area (Details)
9955599 - Disclosure - Segment Reporting - Schedule of Consolidated Revenues by Geographic Area (Details)
- R121.htmSegment Reporting - Schedule of Reconciliation of Segment Profits to Income Before Taxes (Details)
9955600 - Disclosure - Segment Reporting - Schedule of Reconciliation of Segment Profits to Income Before Taxes (Details)
- R122.htmSegment Reporting - Schedule of Equity Income from Affiliates and Depreciation Included in Segment Profits (Details)
9955601 - Disclosure - Segment Reporting - Schedule of Equity Income from Affiliates and Depreciation Included in Segment Profits (Details)
- R123.htmSegment Reporting - Schedule of Property, Plant and Equipment, Net by Geographic Area (Details)
9955602 - Disclosure - Segment Reporting - Schedule of Property, Plant and Equipment, Net by Geographic Area (Details)