Company: ABBV
Filing Date: 2025-03-24
Form Type: DEF 14A
Source: 0001558370-25-003537
Chunk: 103

Company: AbbVie Inc.
Filing Date: 2025-03-24
Form: DEF 14A
Chunk 103
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&D Investment since 2013 Inception

| ​                                                         
 ​                                                         | ​ 
 ​ | ​ 
 ​ 
 ​ |      ​ 
      ​ 
   2024 | ​ 
 ​ |     ​ 
     ​ 
  2023 | ​ 
 ​ |           ​ 
           ​ 
 2013 - 2022 | ​ 
 ​ |      ​ 
      ​ 
  Total |
|:----------------------------------------------------------|:--|:--|-------:|:--|------:|:--|------------:|:--|-------:|
| R&D Expense as adjusted (non-GAAP)                        |   | $ |  8,056 | $ | 7,029 | $ |      47,590 | $ | 62,675 |
| Acquired IPR&D and milestones expense, as reported (GAAP) | ​ | ​ |  2,757 | ​ |   778 | ​ |       6,008 | ​ |  9,543 |
| Calico collaboration expense, as reported (GAAP)          | ​ | ​ |      — | ​ |     — | ​ |       1,750 | ​ |  1,750 |
| Total adjusted R&D investment                             |   | $ | 10,813 | $ | 7,807 | $ |      55,348 | $ | 73,968 |

2024 Performance Results for Financial Goals Reconciliations

| ​                                                                                                          
 ​                                                                                                          
 ​                                                                                                          | ​ 
 ​ | ​         
 Net       
 Revenues* |      ​ | ​ 
 ​ | ​ 
 ​ 
 ​ |            ​ 
       Income 
 Before Taxes | ​ 
 ​ 
 ​ | ​ 
 ​ 
 ​ |         ​ 
 Operating 
    Margin | ​ 
 ​ 
 ​ | ​ 
 ​ 
 ​ |          ​ 
        Net 
 Earnings** |
|:-----------------------------------------------------------------------------------------------------------|:--|:----------|-------:|:--|:--|-------------:|:--|:--|----------:|:--|:--|-----------:|
| As reported (GAAP)                                                                                         | ​ | $         | 56,334 | ​ | $ |        3,716 | ​ | $ |     9,137 | ​ | $ |      4,278 |
| Adjusted for specified items:                                                                              | ​ | ​         |      ​ | ​ | ​ |            ​ | ​ | ​ |         ​