ABBOTT LABORATORIES Annual Income Tax Expense (Benefit) in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Abbott Laboratories quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2023.
  • Abbott Laboratories Income Tax Expense (Benefit) for the quarter ending September 30, 2024 was $294M, a 25.1% increase year-over-year.
  • Abbott Laboratories Income Tax Expense (Benefit) for the twelve months ending September 30, 2024 was $1.01B, a 1.56% decline year-over-year.
  • Abbott Laboratories annual Income Tax Expense (Benefit) for 2023 was $941M, a 31.5% decline from 2022.
  • Abbott Laboratories annual Income Tax Expense (Benefit) for 2022 was $1.37B, a 20.4% increase from 2021.
  • Abbott Laboratories annual Income Tax Expense (Benefit) for 2021 was $1.14B, a 129% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $941M -$432M -31.5% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-16
2022 $1.37B +$233M +20.4% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-16
2021 $1.14B +$643M +129% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-16
2020 $497M +$107M +27.4% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-17
2019 $390M -$149M -27.6% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-18
2018 $539M -$1.34B -71.3% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-19
2017 $1.88B +$1.53B +437% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-21
2016 $350M -$227M -39.3% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-22
2015 $577M -$220M -27.6% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-16
2014 $797M +$744M +1404% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-17
2013 $53M +$510M Jan 1, 2013 Dec 31, 2013 10-K 2016-02-19
2012 -$457M -$567M -515% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-27
2011 $110M -$977M -89.9% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-21
2010 $1.09B Jan 1, 2010 Dec 31, 2010 10-K 2013-02-15
* An asterisk sign (*) next to the value indicates that the value is likely invalid.