Merck & Co., Inc. Annual Interest Expense in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Merck & Co., Inc. quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
  • Merck & Co., Inc. Interest Expense for the quarter ending March 31, 2024 was $303M, a 25.2% increase year-over-year.
  • Merck & Co., Inc. Interest Expense for the twelve months ending March 31, 2024 was $1.21B, a 25.6% increase year-over-year.
  • Merck & Co., Inc. annual Interest Expense for 2023 was $1.15B, a 19.1% increase from 2022.
  • Merck & Co., Inc. annual Interest Expense for 2022 was $962M, a 19.4% increase from 2021.
  • Merck & Co., Inc. annual Interest Expense for 2021 was $806M, a 3.01% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $1.15B +$184M +19.1% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-26
2022 $962M +$156M +19.4% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-26
2021 $806M -$25M -3.01% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-26
2020 $831M -$62M -6.94% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-24
2019 $893M +$121M +15.7% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-25
2018 $772M +$18M +2.39% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-25
2017 $754M +$61M +8.8% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-26
2016 $693M +$21M +3.13% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-27
2015 $672M -$60M -8.2% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-27
2014 $732M -$69M -8.61% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-28
2013 $801M +$87M +12.2% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-26
2012 $714M +$19M +2.73% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-27
2011 $695M -$20M -2.8% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-27
2010 $715M Jan 1, 2010 Dec 31, 2010 10-K 2013-02-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.