Merck & Co. (MRK) 10-Q 6 Aug 19 2019 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2019	Jul. 31, 2019
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2019
Document Transition Report	false
Entity File Number	1-6571
Entity Registrant Name	Merck & Co., Inc.
Entity Incorporation, State or Country Code	NJ
Entity Tax Identification Number	22-1918501
Entity Address, Address Line One	2000 Galloping Hill Road
Entity Address, City or Town	Kenilworth
Entity Address, State or Province	NJ
Entity Address, Postal Zip Code	07033
City Area Code	(908)
Local Phone Number	740-4000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		2,560,374,643
Amendment Flag	false
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Entity Central Index Key	0000310158
Current Fiscal Year End Date	--12-31
Common Stock
Entity Information [Line Items]
Title of 12(b) Security	Common Stock ($0.50 par value)
Trading Symbol	MRK
Security Exchange Name	NYSE
1.125% Notes due 2021
Entity Information [Line Items]
Title of 12(b) Security	1.125% Notes due 2021
Trading Symbol	MRK/21
Security Exchange Name	NYSE
0.500% Notes due 2024
Entity Information [Line Items]
Title of 12(b) Security	0.500% Notes due 2024
Trading Symbol	MRK 24
Security Exchange Name	NYSE
1.875% Notes due 2026
Entity Information [Line Items]
Title of 12(b) Security	1.875% Notes due 2026
Trading Symbol	MRK/26
Security Exchange Name	NYSE
2.500% Notes due 2034
Entity Information [Line Items]
Title of 12(b) Security	2.500% Notes due 2034
Trading Symbol	MRK/34
Security Exchange Name	NYSE
1.375% Notes due 2036
Entity Information [Line Items]
Title of 12(b) Security	1.375% Notes due 2036
Trading Symbol	MRK 36A
Security Exchange Name	NYSE

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENT OF INCOME - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Income Statement [Abstract]
Sales	$ 11,760	$ 10,465	$ 22,575	$ 20,502
Costs, Expenses and Other
Cost of sales	3,401	3,417	6,453	6,601
Selling, general and administrative	2,712	2,508	5,138	5,016
Research and development	2,189	2,274	4,119	5,470
Restructuring costs	59	228	212	323
Other (income) expense, net	140	(48)	327	(340)
Total Costs, Expenses and Other	8,501	8,379	16,249	17,070
Income Before Taxes	3,259	2,086	6,326	3,432
Taxes on Income	615	370	820	975
Net Income	2,644	1,716	5,506	2,457
Less: Net (Loss) Income Attributable to Noncontrolling Interests	(26)	9	(79)	14
Net Income Attributable to Merck & Co., Inc.	$ 2,670	$ 1,707	$ 5,585	$ 2,443
Basic Earnings per Common Share Attributable to Merck & Co., Inc. Common Shareholders (in dollars per share)	$ 1.04	$ 0.64	$ 2.17	$ 0.91
Earnings per Common Share Assuming Dilution Attributable to Merck & Co., Inc. Common Shareholders (in dollars per share)	$ 1.03	$ 0.63	$ 2.15	$ 0.90

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Statement of Comprehensive Income [Abstract]
Net Income Attributable to Merck & Co., Inc.	$ 2,670	$ 1,707	$ 5,585	$ 2,443
Other Comprehensive (Loss) Income Net of Taxes:
Net unrealized (loss) gain on derivatives, net of reclassifications	(52)	266	(100)	196
Net unrealized gain (loss) on investments, net of reclassifications	44	3	126	(96)
Benefit plan net gain and prior service credit, net of amortization	11	30	26	66
Cumulative translation adjustment	(19)	(361)	131	(104)
Other comprehensive income (loss), net of taxes	(16)	(62)	183	62
Comprehensive Income Attributable to Merck & Co., Inc.	$ 2,654	$ 1,645	$ 5,768	$ 2,505

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Current Assets
Cash and cash equivalents	$ 6,659	$ 7,965
Short-term investments	446	899
Accounts receivable (net of allowance for doubtful accounts of $122 in 2019 and $119 in 2018)	7,964	7,071
Inventories (excludes inventories of $1,464 in 2019 and $1,417 in 2018 classified in Other assets - see Note 6)	5,847	5,440
Other current assets	3,382	4,500
Total current assets	24,298	25,875
Investments	3,779	6,233
Property, Plant and Equipment, at cost, net of accumulated depreciation of $17,049 in 2019 and $16,324 in 2018	13,862	13,291
Goodwill	19,490	18,253
Other Intangibles, Net	13,381	11,431
Other Assets	9,155	7,554
Total Assets	83,965	82,637
Current Liabilities
Loans payable and current portion of long-term debt	3,816	5,308
Trade accounts payable	3,142	3,318
Accrued and other current liabilities	11,054	10,151
Income taxes payable	634	1,971
Dividends payable	1,439	1,458
Total current liabilities	20,085	22,206
Long-Term Debt	22,771	19,806
Deferred Income Taxes	2,089	1,702
Other Noncurrent Liabilities	11,283	12,041
Merck & Co., Inc. Stockholders’ Equity
Common stock, $0.50 par value Authorized - 6,500,000,000 shares Issued - 3,577,103,522 shares in 2019 and 2018	1,788	1,788
Other paid-in capital	39,484	38,808
Retained earnings	45,295	42,579
Accumulated other comprehensive loss	(5,362)	(5,545)
Stockholders' equity before deduction for treasury stock	81,205	77,630
Less treasury stock, at cost: 1,010,308,500 shares in 2019 and 984,543,979 shares in 2018	53,570	50,929
Total Merck & Co., Inc. stockholders’ equity	27,635	26,701
Noncontrolling Interests	102	181
Total equity	27,737	26,882
Liabilities and Equity	$ 83,965	$ 82,637

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEET (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 122	$ 119
Inventories classified in Other assets	1,464	1,417
Accumulated depreciation	$ 17,049	$ 16,324
Common stock, par value (in dollars per share)	$ 0.50	$ 0.50
Common stock, shares authorized (shares)	6,500,000,000	6,500,000,000
Common stock, shares issued (in shares)	3,577,103,522	3,577,103,522
Treasury stock, shares (shares)	1,010,308,500	984,543,979

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Cash Flows from Operating Activities
Net income	$ 5,506	$ 2,457
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	1,871	2,427
Intangible asset impairment charges	252	0
Charge for future payments related to collaboration license options	0	650
Deferred income taxes	(149)	(258)
Share-based compensation	204	170
Other	114	365
Net changes in assets and liabilities	(3,378)	(1,274)
Net Cash Provided by Operating Activities	4,420	4,537
Cash Flows from Investing Activities
Capital expenditures	(1,377)	(1,033)
Purchases of securities and other investments	(1,810)	(5,248)
Proceeds from sales of securities and other investments	4,935	7,403
Acquisition of Antelliq Corporation, net of cash acquired	(3,620)	0
Other acquisitions, net of cash acquired	(270)	(372)
Other	85	(274)
Net Cash (Used in) Provided by Investing Activities	(2,057)	476
Cash Flows from Financing Activities
Net change in short-term borrowings	(3,532)	2,069
Payments on debt	0	(3,008)
Proceeds from issuance of debt	4,958	0
Purchases of treasury stock	(2,325)	(2,162)
Dividends paid to stockholders	(2,896)	(2,610)
Proceeds from exercise of stock options	304	299
Other	(207)	(277)
Net Cash Used in Financing Activities	(3,698)	(5,689)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash	28	(108)
Net Decrease in Cash, Cash Equivalents and Restricted Cash	(1,307)	(784)
Cash, Cash Equivalents and Restricted Cash at Beginning of Year (includes restricted cash of $2 million at January 1, 2019 included in Other Assets)	7,967	6,096
Cash, Cash Equivalents and Restricted Cash at End of Period (includes restricted cash of $1 million at June 30, 2019 included in Other Assets)	$ 6,660	$ 5,312

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Statement of Cash Flows [Abstract]
Restricted cash	$ 1	$ 2

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements of Merck & Co., Inc. (Merck or the Company) have been prepared pursuant to the rules and regulations for reporting on Form 10-Q. Accordingly, certain information and disclosures required by accounting principles generally accepted in the United States for complete consolidated financial statements are not included herein. These interim statements should be read in conjunction with the audited financial statements and notes thereto included in Merck’s Form 10-K filed on February 27, 2019. The results of operations of any interim period are not necessarily indicative of the results of operations for the full year. In the Company’s opinion, all adjustments necessary for a fair statement of these interim statements have been included and are of a normal and recurring nature. Certain reclassifications have been made to prior year amounts to conform to the current presentation. Recently Adopted Accounting Standards In February 2016, the FASB issued new accounting guidance for the accounting and reporting of leases (ASU 2016-02) and subsequently issued several updates to the new guidance (ASC 842 or new guidance). The new guidance requires that lessees recognize a right-of-use asset and a lease liability for each of its leases (other than leases that meet the definition of a short-term lease). Leases will be classified as either operating or finance. Operating leases will result in straight-line expense in the income statement (similar to previous operating leases), while finance leases will result in more expense being recognized in the earlier years of the lease term (similar to previous capital leases). The Company adopted the new standard on January 1, 2019 using a modified retrospective approach. Merck elected the transition method that allows for application of the standard at the adoption date rather than at the beginning of the earliest comparative period presented in the financial statements. The Company also elected available practical expedients. Upon adoption, the Company recognized $1.1 billion of additional assets and related liabilities on its consolidated balance sheet (see Note 7). The adoption of the new guidance did not impact the Company’s consolidated statements of income or cash flows. Recently Issued Accounting Standards Not Yet Adopted In June 2016, the FASB issued amended guidance on the accounting for credit losses on financial instruments. The guidance introduces an expected loss model for estimating credit losses, replacing the incurred loss model. The new guidance also changes the impairment model for available-for-sale debt securities, requiring the use of an allowance to record estimated credit losses (and subsequent recoveries). The new guidance is effective for interim and annual periods beginning in 2020, with earlier application permitted in 2019, including adoption in any interim period. The new guidance is to be applied on a modified retrospective basis through a cumulative-effect adjustment directly to retained earnings in the beginning of the period of adoption. The Company is currently evaluating the impact of adoption on its consolidated financial statements. In April 2018, the FASB issued new guidance on the accounting for costs incurred to implement a cloud computing arrangement that is considered a service arrangement. The new guidance requires the capitalization of such costs, aligning it with the accounting for costs associated with developing or obtaining internal-use software. The new guidance is effective for interim and annual periods beginning in 2020. Early adoption is permitted, including adoption in any interim period. Prospective adoption for eligible costs incurred on or after the date of adoption or retrospective adoption is permitted. The Company is currently evaluating the impact of adoption on its consolidated financial statements. In November 2018, the FASB issued new guidance for collaborative arrangements intended to reduce diversity in practice by clarifying whether certain transactions between collaborative arrangement participants should be accounted for under revenue recognition guidance (ASC 606). The new guidance is effective for interim and annual periods beginning in 2020. Early adoption is permitted, including adoption in any interim period. The new guidance is to be applied on a retrospective basis through a cumulative-effect adjustment directly to retained earnings. The Company does not anticipate the adoption of this standard will have a material effect on its consolidated financial statements.

Acquisitions, Research Collabor

Acquisitions, Research Collaborations and License Agreements	6 Months Ended
	Jun. 30, 2019
Business Combinations [Abstract]
Acquisitions, Research Collaborations and License Agreements	Acquisitions, Research Collaborations and License Agreements The Company continues to pursue acquisitions and the establishment of external alliances such as research collaborations and licensing agreements to complement its internal research capabilities. These arrangements often include upfront payments, as well as expense reimbursements or payments to the third party, and milestone, royalty or profit share arrangements, contingent upon the occurrence of certain future events linked to the success of the asset in development. The Company also reviews its marketed products and pipeline to examine candidates which may provide more value through out-licensing and, as part of its portfolio assessment process, may also divest certain assets. Pro forma financial information for acquired businesses is not presented if the historical financial results of the acquired entity are not significant when compared with the Company’s financial results. In July 2019, Merck acquired Peloton Therapeutics, Inc. (Peloton), a clinical-stage biopharmaceutical company focused on the development of novel small molecule therapeutic candidates targeting hypoxia-inducible factor-2α (HIF-2α) for the treatment of patients with cancer and other non-oncology diseases. Peloton’s lead candidate, MK-6482 (formerly PT2977), is a novel oral HIF-2α inhibitor in late-stage development for renal cell carcinoma. Merck made an upfront payment of $1.05 billion in cash; additionally, former Peloton shareholders will be eligible to receive up to an additional $1.15 billion contingent upon successful achievement of future regulatory and sales-based milestones. The acquisition will be accounted for as an acquisition of an asset. On April 1, 2019, Merck acquired Antelliq Corporation (Antelliq), a leader in digital animal identification, traceability and monitoring solutions. These solutions help veterinarians, farmers and pet owners gather critical data to improve management, health and well-being of livestock and pets. Merck paid $2.3 billion to acquire all outstanding shares of Antelliq and spent $1.3 billion to repay Antelliq’s debt. The transaction was accounted for as an acquisition of a business. The estimated fair value of assets acquired and liabilities assumed from Antelliq is as follows: ($ in millions) April 1, 2019 Cash and cash equivalents $ 31 Accounts receivable 73 Inventories 97 Property, plant and equipment 62 Identifiable intangible assets (useful lives ranging from 18-24 years) (1) 2,689 Deferred income tax liabilities (563 ) Other assets and liabilities, net (81 ) Total identifiable net assets 2,308 Goodwill (2) 1,343 Consideration transferred $ 3,651 (1) The estimated fair values of identifiable intangible assets relate primarily to trade names and were determined using an income approach. The future net cash flows were discounted to present value utilizing a discount rate of 11.5% . Actual cash flows are likely to be different than those assumed. (2) The goodwill recognized is largely attributable to anticipated synergies expected to arise after the acquisition and was allocated to the Animal Health segment. The goodwill is not deductible for tax purposes. The Company’s results for the second quarter of 2019 include two months of activity for Antelliq. The Company incurred $47 million of transaction costs directly related to the acquisition of Antelliq, consisting largely of advisory fees, which are reflected in Selling, general and administrative expenses in the second quarter of 2019. Also in April 2019, Merck acquired Immune Design, a late-stage immunotherapy company employing next-generation in vivo approaches to enable the body’s immune system to fight disease, for $301 million in cash. The transaction was accounted for as an acquisition of a business. Merck recognized intangible assets for in-process research and development (IPR&D) of $156 million , cash of $83 million and other net assets of $31 million . The excess of the consideration transferred over the fair value of net assets acquired of $31 million was recorded as goodwill that was allocated to the Pharmaceutical segment and is not deductible for tax purposes. The fair values of the identifiable intangible assets related to IPR&D were determined using an income approach. Actual cash flows are likely to be different than those assumed. In June 2018, Merck acquired Viralytics Limited (Viralytics), an Australian publicly traded company focused on oncolytic immunotherapy treatments for a range of cancers, for AUD 502 million ( $378 million ). The transaction provided Merck with full rights to Cavatak (V937, formerly CVA21), Viralytics’s investigational oncolytic immunotherapy. Cavatak is based on Viralytics’s proprietary formulation of an oncolytic virus (Coxsackievirus Type A21) that has been shown to preferentially infect and kill cancer cells. Cavatak is currently being evaluated in multiple Phase 1 and Phase 2 clinical trials, both as an intratumoral and intravenous agent, including in combination with Keytruda . Under a previous agreement between Merck and Viralytics, a study is investigating the use of the Keytruda and Cavatak combination in melanoma, prostate, lung and bladder cancers. The transaction was accounted for as an acquisition of an asset. Merck recorded net assets of $34 million (primarily cash) at the acquisition date and Research and development expenses of $344 million in the second quarter and first six months of 2018 related to the transaction. There are no future contingent payments associated with the acquisition.

Collaborative Arrangements

Collaborative Arrangements	6 Months Ended
	Jun. 30, 2019
Collaborative Arrangements [Abstract]
Collaborative Arrangements	Collaborative Arrangements Merck has entered into collaborative arrangements that provide the Company with varying rights to develop, produce and market products together with its collaborative partners. Both parties in these arrangements are active participants and exposed to significant risks and rewards dependent on the commercial success of the activities of the collaboration. Merck’s more significant collaborative arrangements are discussed below. AstraZeneca In July 2017, Merck and AstraZeneca PLC (AstraZeneca) entered into a global strategic oncology collaboration to co-develop and co-commercialize AstraZeneca’s Lynparza for multiple cancer types. Lynparza is an oral poly (ADP-ribose) polymerase (PARP) inhibitor currently approved for certain types of ovarian and breast cancer. The companies are jointly developing and commercializing Lynparza, both as monotherapy and in combination trials with other potential medicines. Independently, Merck and AstraZeneca will develop and commercialize Lynparza in combinations with their respective PD-1 and PD-L1 medicines, Keytruda and Imfinzi. The companies will also jointly develop and commercialize AstraZeneca’s selumetinib, an oral, potent, selective inhibitor of MEK, part of the mitogen-activated protein kinase (MAPK) pathway, currently being developed for multiple indications. Under the terms of the agreement, AstraZeneca and Merck will share the development and commercialization costs for Lynparza and selumetinib monotherapy and non-PD-L1/PD-1 combination therapy opportunities. Gross profits from Lynparza and selumetinib product sales generated through monotherapies or combination therapies are shared equally. Merck will fund all development and commercialization costs of Keytruda in combination with Lynparza or selumetinib. AstraZeneca will fund all development and commercialization costs of Imfinzi in combination with Lynparza or selumetinib. AstraZeneca is the principal on Lynparza sales transactions. Merck records its share of Lynparza product sales, net of cost of sales and commercialization costs, as alliance revenue within the Pharmaceutical segment and its share of development costs associated with the collaboration as part of Research and development costs. Reimbursements received from AstraZeneca for research and development expenses are recognized as reductions to Research and development costs. As part of the agreement, Merck made an upfront payment to AstraZeneca of $1.6 billion in 2017 and will make payments of up to $750 million over a multi-year period for certain license options (of which $250 million was paid in December 2017, $400 million was paid in December 2018 and $100 million is expected to be paid in December 2019). The Company recorded an aggregate charge of $2.35 billion in Research and development expenses in 2017 related to the upfront payment and future license option payments. In addition, the agreement provides for additional contingent payments from Merck to AstraZeneca related to the successful achievement of sales-based and regulatory milestones. In the second quarter of 2019, Merck determined it was probable that annual sales of Lynparza in the future would trigger a $300 million sales-based milestone payment from Merck to AstraZeneca. Accordingly, in the second quarter of 2019, Merck recorded a $300 million liability and a corresponding increase to the intangible asset related to Lynparza and also recognized $52 million of cumulative amortization expense within Cost of sales . Prior to 2019, Merck accrued sales-based milestone payments aggregating $700 million related to Lynparza. Of these amounts, $250 million has been paid to AstraZeneca. Potential future sales-based milestone payments of $3.1 billion have not yet been accrued as they are not deemed by the Company to be probable at this time. In April 2019, Lynparza received regulatory approval in the European Union (EU) as a monotherapy for the treatment of certain adult patients with advanced breast cancer, triggering a $30 million capitalized milestone payment from Merck to AstraZeneca. In June 2019, Lynparza received regulatory approval in the EU as a monotherapy for the maintenance treatment of certain adult patients with BRCA -mutated advanced ovarian cancer, triggering a $30 million capitalized milestone payment from Merck to AstraZeneca. In 2018, Lynparza received regulatory approvals triggering capitalized milestone payments of $140 million in the aggregate from Merck to AstraZeneca. Potential future regulatory milestone payments of $1.7 billion remain under the agreement. The asset balance related to Lynparza (which includes capitalized sales-based and regulatory milestone payments) was $1.0 billion at June 30, 2019 and is included in Other Assets on the Consolidated Balance Sheet. The amount is being amortized over its estimated useful life through 2028 as supported by projected future cash flows, subject to impairment testing. Summarized financial information related to this collaboration is as follows: Three Months Ended Six Months Ended ($ in millions) 2019 2018 2019 2018 Alliance revenue $ 111 $ 44 $ 190 $ 76 Cost of sales (1) 73 24 92 36 Selling, general and administrative 33 9 59 16 Research and development 33 42 78 71 ($ in millions) June 30, 2019 December 31, 2018 Receivables from AstraZeneca included in Other current assets $ 105 $ 52 Payables to AstraZeneca included in Accrued and other current liabilities (2) 605 405 Payables to AstraZeneca included in Other Noncurrent Liabilities (3) 300 250 (1) Represents amortization of capitalized milestone payments. (2) Includes accrued milestone and license option payments. (3) Includes accrued milestone payments. Eisai In March 2018, Merck and Eisai announced a strategic collaboration for the worldwide co-development and co-commercialization of Lenvima, an orally available tyrosine kinase inhibitor discovered by Eisai. Under the agreement, Merck and Eisai will develop and commercialize Lenvima jointly, both as monotherapy and in combination with Merck’s anti-PD-1 therapy, Keytruda . Eisai records Lenvima product sales globally (Eisai is the principal on Lenvima sales transactions), and Merck and Eisai share gross profits equally. Merck records its share of Lenvima product sales, net of cost of sales and commercialization costs, as alliance revenue. Expenses incurred during co-development, including for studies evaluating Lenvima as monotherapy, are shared equally by the two companies and reflected in Research and development costs. Under the agreement, Merck made an upfront payment to Eisai of $750 million and will make payments of up to $650 million for certain option rights through 2021 (of which $325 million was paid in March 2019, $200 million is expected to be paid in March 2020 and $125 million is expected to be paid in March 2021). The Company recorded an aggregate charge of $1.4 billion in Research and development expenses in the first quarter of 2018 related to the upfront payment and future option payments. In addition, the agreement provides for Eisai to receive up to $385 million associated with the achievement of certain clinical and regulatory milestones and up to $3.97 billion for the achievement of milestones associated with sales of Lenvima. In the first quarter of 2019, Merck determined it was probable that annual sales of Lenvima in the future would trigger $282 million of sales-based milestone payments from Merck to Eisai. Accordingly, in the first quarter of 2019, Merck recorded $282 million of liabilities and corresponding increases to the intangible asset related to Lenvima and also recognized $35 million of cumulative amortization expense within Cost of sales . Merck previously accrued sales-based milestone payments aggregating $268 million related to Lenvima in 2018. Of these amounts, $50 million has been paid to Eisai. Potential future sales-based milestone payments of $3.42 billion have not yet been accrued as they are not deemed by the Company to be probable at this time. In 2018, Lenvima received regulatory approvals triggering capitalized milestone payments of $250 million in the aggregate from Merck to Eisai. Potential future regulatory milestone payments of $135 million remain under the agreement. The asset balance related to Lenvima (which includes capitalized sales-based and regulatory milestone payments) was $687 million at June 30, 2019 and is included in Other Assets on the Consolidated Balance Sheet. The amount is being amortized over its estimated useful life through 2026 as supported by projected future cash flows, subject to impairment testing. Summarized financial information related to this collaboration is as follows: Three Months Ended Six Months Ended ($ in millions) 2019 2018 2019 2018 Alliance revenue $ 97 $ 35 $ 171 $ 35 Cost of sales (1) 23 1 74 1 Selling, general and administrative 19 2 38 2 Research and development (2) 62 36 109 1,436 ($ in millions) June 30, 2019 December 31, 2018 Receivables from Eisai included in Other current assets $ 98 $ 71 Payables to Eisai included in Accrued and other current liabilities (3) 709 375 Payables to Eisai included in Other Noncurrent Liabilities (3) 125 543 (1) Represents amortization of capitalized milestone payments. (2) Amount for the first six months of 2018 includes the upfront payment and future option payments. (3) Includes accrued milestone and option payments. Bayer AG In 2014, the Company entered into a worldwide clinical development collaboration with Bayer AG (Bayer) to market and develop soluble guanylate cyclase (sGC) modulators including Bayer’s Adempas, which is approved to treat pulmonary arterial hypertension and chronic thromboembolic pulmonary hypertension. The two companies have implemented a joint development and commercialization strategy. The collaboration also includes clinical development of Bayer’s vericiguat, which is in Phase 3 trials for worsening heart failure, as well as opt-in rights for other early-stage sGC compounds in development by Bayer. Merck in turn made available its early-stage sGC compounds under similar terms. Under the agreement, Bayer leads commercialization of Adempas in the Americas, while Merck leads commercialization in the rest of the world. For vericiguat and other potential opt-in products, Bayer will lead commercialization in the rest of world and Merck will lead in the Americas. For all products and candidates included in the agreement, both companies will share in development costs and profits on sales and will have the right to co-promote in territories where they are not the lead. Revenue from Adempas includes sales in Merck’s marketing territories, as well as Merck’s share of profits from the sale of Adempas in Bayer’s marketing territories. In the first quarter of 2018, Merck made a $350 million sales-based milestone payment to Bayer, which was accrued for in 2016 when Merck deemed the payment to be probable. In the second quarter of 2018, Merck determined it was probable that annual worldwide sales of Adempas in the future would trigger a $375 million sales-based milestone payment from Merck to Bayer; accordingly, Merck recorded a $375 million liability and a corresponding increase to the intangible asset related to Adempas and also recognized $106 million of cumulative amortization expense within Cost of sales . There is an additional $400 million potential future sales-based milestone payment that has not yet been accrued as it is not deemed by the Company to be probable at this time. The intangible asset balance related to Adempas (which includes the acquired intangible asset balance, as well as capitalized sales-based milestone payments) was $956 million at June 30, 2019 and is included in Other Intangibles, Net on the Consolidated Balance Sheet. The amount is being amortized over its estimated useful life through 2027 as supported by projected future cash flows, subject to impairment testing. Summarized financial information related to this collaboration is as follows: Three Months Ended Six Months Ended ($ in millions) 2019 2018 2019 2018 Net product sales recorded by Merck $ 53 $ 47 $ 100 $ 90 Merck’s profit share from sales in Bayer’s marketing territories 51 28 94 53 Total sales 104 75 194 143 Cost of sales (1) 29 132 58 159 Selling, general and administrative 11 10 20 17 Research and development 32 28 62 56 ($ in millions) June 30, 2019 December 31, 2018 Receivables from Bayer included in Other current assets $ 41 $ 32 Payables to Bayer included in Other Noncurrent Liabilities (2) 375 375 (1) Includes amortization of intangible assets. (2) Represents accrued milestone payment.

Restructuring

Restructuring	6 Months Ended
	Jun. 30, 2019
Restructuring and Related Activities [Abstract]
Restructuring	Restructuring Merck recently approved a new global restructuring program (2019 Restructuring Program) as part of a worldwide initiative focused primarily on further optimizing the Company’s manufacturing and supply network, as well as reducing its global real estate footprint. This program is a continuation of the Company’s plant rationalization and builds on prior restructuring programs. The Company will continue to evaluate its global footprint and overall operating model, which could result in the identification of additional actions over time. The actions contemplated under the 2019 Restructuring Program are expected to be substantially completed by the end of 2023, with the cumulative pretax costs to be incurred by the Company to implement the program estimated to be approximately $800 million to $1.2 billion . The Company estimates that approximately 55% of the cumulative pretax costs will result in cash outlays, primarily related to employee separation expense and facility shut-down costs. Approximately 45% of the cumulative pretax costs will be non-cash, relating primarily to the accelerated depreciation of facilities to be closed or divested. The Company expects to record charges of approximately $500 million in 2019 related to the program. Actions under previous global restructuring programs have been substantially completed. The Company recorded total pretax costs of $159 million and $235 million in the second quarter of 2019 and 2018 , respectively, and $346 million and $339 million for the first six months of 2019 and 2018, respectively, related to restructuring program activities. For segment reporting, restructuring charges are unallocated expenses. The following tables summarize the charges related to restructuring program activities by type of cost: Three Months Ended June 30, 2019 Six Months Ended June 30, 2019 ($ in millions) Separation Costs Accelerated Depreciation Other Total Separation Costs Accelerated Depreciation Other Total Cost of sales $ — $ 64 $ 1 $ 65 $ — $ 98 $ 1 $ 99 Selling, general and administrative — 32 — 32 — 32 — 32 Research and development — 2 1 3 — 2 1 3 Restructuring costs 25 — 34 59 153 — 59 212 $ 25 $ 98 $ 36 $ 159 $ 153 $ 132 $ 61 $ 346 Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 ($ in millions) Separation Costs Accelerated Depreciation Other Total Separation Costs Accelerated Depreciation Other Total Cost of sales $ — $ — $ 3 $ 3 $ — $ — $ 9 $ 9 Selling, general and administrative — — 1 1 — 1 1 2 Research and development — — 3 3 — (3 ) 8 5 Restructuring costs 200 — 28 228 255 — 68 323 $ 200 $ — $ 35 $ 235 $ 255 $ (2 ) $ 86 $ 339 Separation costs are associated with actual headcount reductions, as well as those headcount reductions which were probable and could be reasonably estimated. Accelerated depreciation costs primarily relate to manufacturing, research and administrative facilities and equipment to be sold or closed as part of the programs. Accelerated depreciation costs represent the difference between the depreciation expense to be recognized over the revised useful life of the asset, based upon the anticipated date the site will be closed or divested or the equipment disposed of, and depreciation expense as determined utilizing the useful life prior to the restructuring actions. All the sites have and will continue to operate up through the respective closure dates and, since future undiscounted cash flows are sufficient to recover the respective book values, Merck is recording accelerated depreciation over the revised useful life of the site assets. Anticipated site closure dates, particularly related to manufacturing locations, have been and may continue to be adjusted to reflect changes resulting from regulatory or other factors. Other activity in 2019 and 2018 includes asset abandonment, shut-down and other related costs, as well as pretax gains and losses resulting from sales of facilities and related assets. Additionally, other activity includes certain employee-related costs associated with pension and other postretirement benefit plans (see Note 11) and share-based compensation. The following table summarizes the charges and spending relating to restructuring program activities for the six months ended June 30, 2019 : ($ in millions) Separation Costs Accelerated Depreciation Other Total Restructuring reserves January 1, 2019 $ 443 $ — $ 91 $ 534 Expense 153 132 61 346 (Payments) receipts, net (126 ) — (77 ) (203 ) Non-cash activity — (132 ) (2 ) (134 ) Restructuring reserves June 30, 2019 (1) $ 470 $ — $ 73 $ 543 (1)

Financial Instruments

Financial Instruments	6 Months Ended
	Jun. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Instruments	Financial Instruments Derivative Instruments and Hedging Activities The Company manages the impact of foreign exchange rate movements and interest rate movements on its earnings, cash flows and fair values of assets and liabilities through operational means and through the use of various financial instruments, including derivative instruments. A significant portion of the Company’s revenues and earnings in foreign affiliates is exposed to changes in foreign exchange rates. The objectives and accounting related to the Company’s foreign currency risk management program, as well as its interest rate risk management activities are discussed below. Foreign Currency Risk Management The Company has established revenue hedging, balance sheet risk management and net investment hedging programs to protect against volatility of future foreign currency cash flows and changes in fair value caused by volatility in foreign exchange rates. The objective of the revenue hedging program is to reduce the variability caused by changes in foreign exchange rates that would affect the U.S. dollar value of future cash flows derived from foreign currency denominated sales, primarily the euro and Japanese yen. To achieve this objective, the Company will hedge a portion of its forecasted foreign currency denominated third-party and intercompany distributor entity sales (forecasted sales) that are expected to occur over its planning cycle, typically no more than two years into the future. The Company will layer in hedges over time, increasing the portion of forecasted sales hedged as it gets closer to the expected date of the forecasted sales. The portion of forecasted sales hedged is based on assessments of cost-benefit profiles that consider natural offsetting exposures, revenue and exchange rate volatilities and correlations, and the cost of hedging instruments. The Company manages its anticipated transaction exposure principally with purchased local currency put options, forward contracts and purchased collar options. The fair values of these derivative contracts are recorded as either assets (gain positions) or liabilities (loss positions) in the Condensed Consolidated Balance Sheet. Changes in the fair value of derivative contracts are recorded each period in either current earnings or Other comprehensive income ( OCI ), depending on whether the derivative is designated as part of a hedge transaction and, if so, the type of hedge transaction. For derivatives that are designated as cash flow hedges, the unrealized gains or losses on these contracts is recorded in Accumulated other comprehensive income ( AOCI ) and reclassified into Sales when the hedged anticipated revenue is recognized. For those derivatives which are not designated as cash flow hedges, but serve as economic hedges of forecasted sales, unrealized gains or losses are recorded in Sales each period. The cash flows from both designated and non-designated contracts are reported as operating activities in the Condensed Consolidated Statement of Cash Flows. The Company does not enter into derivatives for trading or speculative purposes. The Company manages operating activities and net asset positions at each local subsidiary in order to mitigate the effects of exchange on monetary assets and liabilities. The Company also uses a balance sheet risk management program to mitigate the exposure of net monetary assets that are denominated in a currency other than a subsidiary’s functional currency from the effects of volatility in foreign exchange. In these instances, Merck principally utilizes forward exchange contracts to offset the effects of exchange on exposures denominated in developed country currencies, primarily the euro and Japanese yen. For exposures in developing country currencies, the Company will enter into forward contracts to partially offset the effects of exchange on exposures when it is deemed economical to do so based on a cost-benefit analysis that considers the magnitude of the exposure, the volatility of the exchange rate and the cost of the hedging instrument. The cash flows from these contracts are reported as operating activities in the Condensed Consolidated Statement of Cash Flows. Monetary assets and liabilities denominated in a currency other than the functional currency of a given subsidiary are remeasured at spot rates in effect on the balance sheet date with the effects of changes in spot rates reported in Other (income) expense, net . The forward contracts are not designated as hedges and are marked to market through Other (income) expense, net . Accordingly, fair value changes in the forward contracts help mitigate the changes in the value of the remeasured assets and liabilities attributable to changes in foreign currency exchange rates, except to the extent of the spot-forward differences. These differences are not significant due to the short-term nature of the contracts, which typically have average maturities at inception of less than one year . The Company also uses forward exchange contracts to hedge its net investment in foreign operations against movements in exchange rates. The forward contracts are designated as hedges of the net investment in a foreign operation. The Company hedges a portion of the net investment in certain of its foreign operations. The unrealized gains or losses on these contracts are recorded in foreign currency translation adjustment within OCI and remain in AOCI until either the sale or complete or substantially complete liquidation of the subsidiary. The Company excludes certain portions of the change in fair value of its derivative instruments from the assessment of hedge effectiveness (excluded component). Changes in fair value of the excluded components are recognized in OCI . The Company recognizes in earnings the initial value of the excluded component on a straight-line basis over the life of the derivative instrument, rather than using the mark-to-market approach. The cash flows from these contracts are reported as investing activities in the Condensed Consolidated Statement of Cash Flows. Foreign exchange risk is also managed through the use of foreign currency debt. The Company’s senior unsecured euro-denominated notes have been designated as, and are effective as, economic hedges of the net investment in a foreign operation. Accordingly, foreign currency transaction gains or losses due to spot rate fluctuations on the euro-denominated debt instruments are included in foreign currency translation adjustment within OCI . The effects of the Company’s net investment hedges on OCI and the Consolidated Statement of Income are shown below: Amount of Pretax (Gain) Loss Recognized in Other Comprehensive Income (1) Amount of Pretax (Gain) Loss Recognized in Other (income) expense, net for Amounts Excluded from Effectiveness Testing Three Months Ended June 30, Six Months Ended June 30, Three Months Ended June 30, Six Months Ended June 30, ($ in millions) 2019 2018 2019 2018 2019 2018 2019 2018 Net Investment Hedging Relationships Foreign exchange contracts $ 17 $ (12 ) $ 7 $ (14 ) $ (8 ) $ (3 ) $ (15 ) $ (3 ) Euro-denominated notes 28 (271 ) (2 ) (92 ) — — — — (1) No amounts were reclassified from AOCI into income related to the sale of a subsidiary. Interest Rate Risk Management The Company may use interest rate swap contracts on certain investing and borrowing transactions to manage its net exposure to interest rate changes and to reduce its overall cost of borrowing. The Company does not use leveraged swaps and, in general, does not leverage any of its investment activities that would put principal capital at risk. At June 30, 2019 , the Company was a party to 19 pay-floating, receive-fixed interest rate swap contracts designated as fair value hedges of fixed-rate notes in which the notional amounts match the amount of the hedged fixed-rate notes as detailed in the table below. June 30, 2019 ($ in millions) Par Value of Debt Number of Interest Rate Swaps Held Total Swap Notional Amount 1.85% notes due 2020 1,250 5 1,250 3.875% notes due 2021 1,150 5 1,150 2.40% notes due 2022 1,000 4 1,000 2.35% notes due 2022 1,250 5 1,250 The interest rate swap contracts are designated hedges of the fair value changes in the notes attributable to changes in the benchmark London Interbank Offered Rate (LIBOR) swap rate. The fair value changes in the notes attributable to changes in the LIBOR swap rate are recorded in interest expense along with the offsetting fair value changes in the swap contracts. The cash flows from these contracts are reported as operating activities in the Condensed Consolidated Statement of Cash Flows. The table below presents the location of amounts recorded on the Consolidated Balance Sheet related to cumulative basis adjustments for fair value hedges: Carrying Amount of Hedged Liabilities Cumulative Amount of Fair Value Hedging Adjustment Increase (Decrease) Included in the Carrying Amount ($ in millions) June 30, 2019 December 31, 2018 June 30, 2019 December 31, 2018 Balance Sheet Line Item in which Hedged Item is Included Loans payable and current portion of long-term debt $ 1,244 $ — $ (6 ) $ — Long-Term Debt 3,406 4,560 11 (82 ) Presented in the table below is the fair value of derivatives on a gross basis segregated between those derivatives that are designated as hedging instruments and those that are not designated as hedging instruments: June 30, 2019 December 31, 2018 Fair Value of Derivative U.S. Dollar Notional Fair Value of Derivative U.S. Dollar Notional ($ in millions) Balance Sheet Caption Asset Liability Asset Liability Derivatives Designated as Hedging Instruments Interest rate swap contracts Other Assets $ 14 $ — $ 2,150 $ — $ — $ — Interest rate swap contracts Accrued and other current liabilities — 6 1,250 — — — Interest rate swap contracts Other Noncurrent Liabilities — 2 1,250 — 81 4,650 Foreign exchange contracts Other current assets 168 — 6,389 263 — 6,222 Foreign exchange contracts Other Assets 49 — 2,790 75 — 2,655 Foreign exchange contracts Accrued and other current liabilities — 13 1,252 — 7 774 Foreign exchange contracts Other Noncurrent Liabilities — — — — 1 89 $ 231 $ 21 $ 15,081 $ 338 $ 89 $ 14,390 Derivatives Not Designated as Hedging Instruments Foreign exchange contracts Other current assets $ 70 $ — $ 6,665 $ 116 $ — $ 5,430 Foreign exchange contracts Accrued and other current liabilities — 63 4,982 — 71 9,922 $ 70 $ 63 $ 11,647 $ 116 $ 71 $ 15,352 $ 301 $ 84 $ 26,728 $ 454 $ 160 $ 29,742 As noted above, the Company records its derivatives on a gross basis in the Condensed Consolidated Balance Sheet. The Company has master netting agreements with several of its financial institution counterparties (see Concentrations of Credit Risk below). The following table provides information on the Company’s derivative positions subject to these master netting arrangements as if they were presented on a net basis, allowing for the right of offset by counterparty and cash collateral exchanged per the master agreements and related credit support annexes: June 30, 2019 December 31, 2018 ($ in millions) Asset Liability Asset Liability Gross amounts recognized in the consolidated balance sheet $ 301 $ 84 $ 454 $ 160 Gross amounts subject to offset in master netting arrangements not offset in the consolidated balance sheet (69 ) (69 ) (121 ) (121 ) Cash collateral received (32 ) — (107 ) — Net amounts $ 200 $ 15 $ 226 $ 39 The table below provides information regarding the location and amount of pretax (gains) losses of derivatives designated in fair value or cash flow hedging relationships: Sales Other (income) expense, net (1) Other comprehensive income (loss) Sales Other (income) expense, net (1) Other comprehensive income (loss) Three Months Ended June 30, Three Months Ended June 30, Three Months Ended June 30, Six Months Ended June 30, Six Months Ended June 30, Six Months Ended June 30, ($ in millions) 2019 2018 2019 2018 2019 2018 2019 2018 2019 2018 2019 2018 Financial Statement Line Items in which Effects of Fair Value or Cash Flow Hedges are Recorded $ 11,760 $ 10,465 $ 140 (48 ) $ (16 ) $ (62 ) 22,575 $ 20,502 $ 327 $ (340 ) $ 183 $ 62 (Gain) loss on fair value hedging relationships Interest rate swap contracts Hedged items — — 55 (15 ) — — — — 88 (77 ) — — Derivatives designated as hedging instruments — — (45 ) 22 — — — — (68 ) 84 — — Impact of cash flow hedging relationships Foreign exchange contracts Amount of income (loss) recognized in OCI on derivatives — — — — 10 264 — — — — (2 ) 84 Increase (decrease) in Sales as a result of AOCI reclassifications 75 (73 ) — — (75 ) 73 119 (166 ) — — (119 ) 166 Interest rate contracts Amount of gain recognized in Other (income) expense, net on derivatives — — (1 ) (1 ) — — — — (2 ) (2 ) — — Amount of loss recognized in OCI on derivatives — — — — (1 ) (1 ) — — — — (5 ) (2 ) (1) Interest expense is a component of Other (income) expense, net. The table below provides information regarding the income statement effects of derivatives not designated as hedging instruments: Amount of Derivative Pretax (Gain) Loss Recognized in Income Three Months Ended June 30, Six Months Ended June 30, ($ in millions) Income Statement Caption 2019 2018 2019 2018 Derivatives Not Designated as Hedging Instruments Foreign exchange contracts (1) Other (income) expense, net $ 2 $ (195 ) $ 120 $ (167 ) Foreign exchange contracts (2) Sales (6 ) (14 ) 4 (5 ) (1) These derivative contracts mitigate changes in the value of remeasured foreign currency denominated monetary assets and liabilities attributable to changes in foreign currency exchange rates. (2) These derivative contracts serve as economic hedges of forecasted transactions. At June 30, 2019 , the Company estimates $76 million of pretax net unrealized gains on derivatives maturing within the next 12 months that hedge foreign currency denominated sales over that same period will be reclassified from AOCI to Sales . The amount ultimately reclassified to Sales may differ as foreign exchange rates change. Realized gains and losses are ultimately determined by actual exchange rates at maturity. Investments in Debt and Equity Securities Information on investments in debt and equity securities is as follows: June 30, 2019 December 31, 2018 Amortized Cost Gross Unrealized Fair Value Amortized Cost Gross Unrealized Fair Value ($ in millions) Gains Losses Gains Losses Corporate notes and bonds $ 2,666 $ 36 $ (2 ) $ 2,700 $ 4,985 $ 3 $ (68 ) $ 4,920 Asset-backed securities 789 4 (1 ) 792 1,285 1 (11 ) 1,275 U.S. government and agency securities 575 10 — 585 895 2 (5 ) 892 Foreign government bonds 41 — — 41 167 — (1 ) 166 Mortgage-backed securities 5 — — 5 8 — — 8 Total debt securities $ 4,076 $ 50 $ (3 ) $ 4,123 $ 7,340 $ 6 $ (85 ) $ 7,261 Publicly traded equity securities (1) 756 456 Total debt and publicly traded equity securities $ 4,879 $ 7,717 (1) Unrealized net (losses) gains recognized in Other (income) expense, net on equity securities still held at June 30, 2019 were $(39) million and $7 million , for the second quarter of 2019 and 2018 , respectively, and were $75 million and $50 million for the first six months of 2019 and 2018 , respectively. At June 30, 2019 , the Company also had $465 million of equity investments without readily determinable fair values included in Other Assets . During the first six months of 2019 , the Company recognized unrealized gains of $4 million on certain of these equity investments recorded in Other (income) expense, net based on favorable observable price changes from transactions involving similar investments of the same investee. In addition, during the first six months of 2019, the Company recognized unrealized losses of $10 million in Other (income) expense, net related to certain of these investments based on unfavorable observable price changes. Since January 1, 2018, cumulative unrealized gains and cumulative unrealized losses based on observable prices changes for investments in equity investments without readily determinable fair values were $172 million and $21 million , respectively. Available-for-sale debt securities included in Short-term investments totaled $398 million at June 30, 2019 . Of the remaining debt securities, $3.4 billion mature within five years. At June 30, 2019 and December 31, 2018 , there were no debt securities pledged as collateral. Fair Value Measurements Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The Company uses a fair value hierarchy which maximizes the use of observable inputs and minimizes the use of unobservable inputs when measuring fair value. There are three levels of inputs used to measure fair value with Level 1 having the highest priority and Level 3 having the lowest: Level 1 - Quoted prices (unadjusted) in active markets for identical assets or liabilities, Level 2 - Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities, Level 3 - Unobservable inputs that are supported by little or no market activity. Level 3 assets or liabilities are those whose values are determined using pricing models, discounted cash flow methodologies, or similar techniques with significant unobservable inputs, as well as assets or liabilities for which the determination of fair value requires significant judgment or estimation. If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis Financial assets and liabilities measured at fair value on a recurring basis are summarized below: Fair Value Measurements Using Fair Value Measurements Using Quoted Prices In Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Quoted Prices In Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total ($ in millions) June 30, 2019 December 31, 2018 Assets Investments Corporate notes and bonds $ — $ 2,660 $ — $ 2,660 $ — $ 4,835 $ — $ 4,835 Asset-backed securities (1) — 788 — 788 — 1,253 — 1,253 U.S. government and agency securities — 508 — 508 — 731 — 731 Foreign government bonds — 41 — 41 — 166 — 166 Publicly traded equity securities 228 — — 228 147 — — 147 228 3,997 — 4,225 147 6,985 — 7,132 Other assets (2) U.S. government and agency securities 58 19 — 77 55 106 — 161 Corporate notes and bonds — 40 — 40 — 85 — 85 Mortgage-backed securities — 5 — 5 — 8 — 8 Asset-backed securities (1) — 4 — 4 — 22 — 22 Publicly traded equity securities 528 — — 528 309 — — 309 586 68 — 654 364 221 — 585 Derivative assets (3) Purchased currency options — 158 — 158 — 213 — 213 Forward exchange contracts — 129 — 129 — 241 — 241 Interest rate swaps — 14 — 14 — — — — — 301 — 301 — 454 — 454 Total assets $ 814 $ 4,366 $ — $ 5,180 $ 511 $ 7,660 $ — $ 8,171 Liabilities Other liabilities Contingent consideration $ — $ — $ 753 $ 753 $ — $ — $ 788 $ 788 Derivative liabilities (3) Forward exchange contracts — 73 — 73 — 74 — 74 Interest rate swaps — 8 — 8 — 81 — 81 Written currency options — 3 — 3 — 5 — 5 — 84 — 84 — 160 — 160 Total liabilities $ — $ 84 $ 753 $ 837 $ — $ 160 $ 788 $ 948 (1) Primarily all of the asset-backed securities are highly-rated (Standard & Poor’s rating of AAA and Moody’s Investors Service rating of Aaa), secured primarily by auto loan, credit card and student loan receivables, with weighted-average lives of primarily 5 years or less. (2) Investments included in other assets are restricted as to use, primarily for the payment of benefits under employee benefit plans. (3) The fair value determination of derivatives includes the impact of the credit risk of counterparties to the derivatives and the Company’s own credit risk, the effects of which were not significant. There were no transfers between Level 1 and Level 2 during the first six months of 2019 . As of June 30, 2019 , Cash and cash equivalents of $6.7 billion included $5.9 billion of cash equivalents (which would be considered Level 2 in the fair value hierarchy). Contingent Consideration Summarized information about the changes in liabilities for contingent consideration is as follows: Six Months Ended June 30, ($ in millions) 2019 2018 Fair value January 1 $ 788 $ 935 Changes in estimated fair value (1) 50 122 Additions — 8 Payments (85 ) (235 ) Fair value June 30 (2) $ 753 $ 830 (1) Recorded in Cost of sales, Research and development expenses, and Other (income) expense, net . Includes cumulative translation adjustments. (2) Balance at June 30, 2019 includes $114 million recorded as a current liability for amounts expected to be paid within the next 12 months. The payments of contingent consideration in both periods include payments related to liabilities recorded in connection with the 2016 termination of the Sanofi-Pasteur MSD joint venture. The payments of contingent consideration in the first six months of 2018 also include $175 million related to the achievement of a clinical development milestone for MK-7264 (gefapixant), a program obtained in connection with the acquisition of Afferent Pharmaceuticals. Other Fair Value Measurements Some of the Company’s financial instruments, such as cash and cash equivalents, receivables and payables, are reflected in the balance sheet at carrying value, which approximates fair value due to their short-term nature. The estimated fair value of loans payable and long-term debt (including current portion) at June 30, 2019 , was $28.6 billion compared with a carrying value of $26.6 billion and at December 31, 2018 , was $25.6 billion compared with a carrying value of $25.1 billion . Fair value was estimated using recent observable market prices and would be considered Level 2 in the fair value hierarchy. Concentrations of Credit Risk On an ongoing basis, the Company monitors concentrations of credit risk associated with corporate and government issuers of securities and financial institutions with which it conducts business. Credit exposure limits are established to limit a concentration with any single issuer or institution. Cash and investments are placed in instruments that meet high credit quality standards as specified in the Company’s investment policy guidelines. The majority of the Company’s accounts receivable arise from product sales in the United States and Europe and are primarily due from drug wholesalers and retailers, hospitals, government agencies, managed health care providers and pharmacy benefit managers. The Company monitors the financial performance and creditworthiness of its customers so that it can properly assess and respond to changes in their credit profile. The Company also continues to monitor global economic conditions, including the volatility associated with international sovereign economies, and associated impacts on the financial markets and its business. The Company does not expect to have write-offs or adjustments to accounts receivable which would have a material adverse effect on its financial position, liquidity or results of operations. Derivative financial instruments are executed under International Swaps and Derivatives Association master agreements. The master agreements with several of the Company’s financial institution counterparties also include credit support annexes. These annexes contain provisions that require collateral to be exchanged depending on the value of the derivative assets and liabilities, the Company’s credit rating, and the credit rating of the counterparty. Cash received by the Company from various counterparties was $32 million and $107 million at June 30, 2019 and December 31, 2018 , respectively. The obligation to return such collateral is recorded in Accrued and other current liabilities . No cash collateral was advanced by the Company to counterparties as of June 30, 2019 or December 31, 2018 .

Inventories

Inventories	6 Months Ended
	Jun. 30, 2019
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories consisted of: ($ in millions) June 30, 2019 December 31, 2018 Finished goods $ 1,750 $ 1,658 Raw materials and work in process 5,388 5,004 Supplies 202 194 Total (approximates current cost) 7,340 6,856 (Decrease) increase to LIFO costs (29 ) 1 $ 7,311 $ 6,857 Recognized as: Inventories $ 5,847 $ 5,440 Other assets 1,464 1,417 Amounts recognized as Other assets are comprised almost entirely of raw materials and work in process inventories. At June 30, 2019 and December 31, 2018 , these amounts included $1.3 billion and $1.4 billion , respectively, of inventories not expected to be sold within one year. In addition, these amounts included $118 million and $7 million at June 30, 2019 and December 31, 2018 , respectively, of inventories produced in preparation for product launches.

Loans Payable, Long-Term Debt a

Loans Payable, Long-Term Debt and Leases	6 Months Ended
	Jun. 30, 2019
Loans Payable, Long-Term Debt and Leases [Abstract]
Loans Payable, Long-Term Debt and Leases	Loans Payable, Long-Term Debt and Leases Long-Term Debt In March 2019, the Company issued $5.0 billion principal amount of senior unsecured notes consisting of $750 million of 2.90% notes due 2024, $1.75 billion of 3.40% notes due 2029, $1.0 billion of 3.90% notes due 2039, and $1.5 billion of 4.00% notes due 2049. The Company used the net proceeds from the offering of $5.0 billion for general corporate purposes, including the repayment of outstanding commercial paper borrowings. Leases As discussed in Note 1, on January 1, 2019, Merck adopted new guidance for the accounting and reporting of leases. The Company has operating leases primarily for manufacturing facilities, research and development facilities, corporate offices, employee housing, vehicles and certain equipment. As permitted under the transition guidance in ASC 842, the Company elected a package of practical expedients which, among other provisions, allowed the Company to carry forward historical lease classifications. The Company determines if an arrangement is a lease at inception. When evaluating contracts for embedded leases, the Company exercises judgment to determine if there is an explicit or implicit identified asset in the contract and if Merck controls the use of that asset. Embedded leases, primarily associated with contract manufacturing organizations, are immaterial. Under ASC 842 transition guidance, Merck elected the hindsight practical expedient to determine the lease term for existing leases, which permits companies to consider available information prior to the effective date of the new guidance as to the actual or likely exercise of options to extend or terminate the lease. The lease term includes options to extend or terminate the lease when it is reasonably certain that Merck will exercise that option. Real estate leases for facilities have an average remaining lease term of eight years , which include options to extend the leases for up to four years where applicable. Vehicle leases are generally in effect for four years . The Company has made an accounting policy election not to record short-term leases (leases with an initial term of 12 months or less) on the balance sheet; however, Merck currently has no short-term leases. Lease expense for operating lease payments is recognized on a straight-line basis over the term of the lease. Operating lease assets and liabilities are recognized based on the present value of lease payments over the lease term. Since most of the Company’s leases do not have a readily determinable implicit discount rate, the Company uses its incremental borrowing rate to calculate the present value of lease payments. As a practical expedient, the Company has made an accounting policy election not to separate lease components (e.g. payments for rent, real estate taxes and insurance costs) from non-lease components (e.g. common-area maintenance costs) in the event that the agreement contains both. Merck includes both the lease and non-lease components for purposes of calculating the right-of-use asset and related lease liability (if the non-lease components are fixed). For vehicle leases and employee housing, the Company applies a portfolio approach to effectively account for the operating lease assets and liabilities. Certain of the Company’s lease agreements contain variable lease payments that are adjusted periodically for inflation or for actual operating expense true-ups compared with estimated amounts; however, these amounts are immaterial. Sublease income and activity related to sale and leaseback transactions are immaterial. Merck’s lease agreements do not contain any material residual value guarantees or material restrictive covenants. Operating lease cost was $82 million and $165 million for the second quarter and first six months of 2019, respectively. Cash paid for amounts included in the measurement of operating lease liabilities was $65 million and $138 million for the second quarter and first six months of 2019, respectively. Supplemental balance sheet information related to operating leases is as follows: ($ in millions) June 30, 2019 Assets Other Assets (1) $ 1,063 Liabilities Accrued and other current liabilities $ 241 Other Noncurrent Liabilities 752 $ 993 Weighted-average remaining lease term (years) 7.5 Weighted-average discount rate 3.4 % (1) Includes prepaid leases that have no related lease liability. Maturities of operating leases liabilities are as follows: ($ in millions) June 30, 2019 2019 (excluding the six months ended June 30, 2019) $ 138 2020 232 2021 172 2022 146 2023 98 Thereafter 339 Total lease payments 1,125 Less: imputed interest (132 ) $ 993 As of June 30, 2019 , the Company had entered into additional real estate operating leases that had not yet commenced. The obligations associated with these leases totaled $127 million , of which $72 million related to a lease that commenced in July 2019 and has a lease term of 10 years. As of December 31, 2018, prior to the adoption of ASC 842, the minimum aggregate rental commitments under noncancellable leases were as follows: 2019, $188 million ; 2020, $198 million ; 2021, $150 million ; 2022, $134 million ; 2023, $84 million and thereafter, $243 million

Contingencies

Contingencies	6 Months Ended
	Jun. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies The Company is involved in various claims and legal proceedings of a nature considered normal to its business, including product liability, intellectual property, and commercial litigation, as well as certain additional matters including governmental and environmental matters. In the opinion of the Company, it is unlikely that the resolution of these matters will be material to the Company’s financial position, results of operations or cash flows. Given the nature of the litigation discussed below and the complexities involved in these matters, the Company is unable to reasonably estimate a possible loss or range of possible loss for such matters until the Company knows, among other factors, (i) what claims, if any, will survive dispositive motion practice, (ii) the extent of the claims, including the size of any potential class, particularly when damages are not specified or are indeterminate, (iii) how the discovery process will affect the litigation, (iv) the settlement posture of the other parties to the litigation and (v) any other factors that may have a material effect on the litigation. The Company records accruals for contingencies when it is probable that a liability has been incurred and the amount can be reasonably estimated. These accruals are adjusted periodically as assessments change or additional information becomes available. For product liability claims, a portion of the overall accrual is actuarially determined and considers such factors as past experience, number of claims reported and estimates of claims incurred but not yet reported. Individually significant contingent losses are accrued when probable and reasonably estimable. Legal defense costs expected to be incurred in connection with a loss contingency are accrued when probable and reasonably estimable. The Company’s decision to obtain insurance coverage is dependent on market conditions, including cost and availability, existing at the time such decisions are made. The Company has evaluated its risks and has determined that the cost of obtaining product liability insurance outweighs the likely benefits of the coverage that is available and, as such, has no insurance for most product liabilities effective August 1, 2004. Product Liability Litigation Fosamax As previously disclosed, Merck is a defendant in product liability lawsuits in the United States involving Fosamax ( Fosamax Litigation). As of June 30, 2019 , approximately 3,900 cases have been filed and either are pending or conditionally dismissed (as noted below) against Merck in either federal or state court. Plaintiffs in the vast majority of these cases generally allege that they sustained femur fractures and/or other bone injuries (Femur Fractures) in association with the use of Fosamax . In March 2011, Merck submitted a Motion to Transfer to the Judicial Panel on Multidistrict Litigation (JPML) seeking to have all federal cases alleging Femur Fractures consolidated into one multidistrict litigation for coordinated pre-trial proceedings. All federal cases involving allegations of Femur Fracture have been or will be transferred to a multidistrict litigation in the District of New Jersey (Femur Fracture MDL). In the only bellwether case tried to date in the Femur Fracture MDL, Glynn v. Merck , the jury returned a verdict in Merck’s favor. In addition, in June 2013, the Femur Fracture MDL court granted Merck’s motion for judgment as a matter of law in the Glynn case and held that the plaintiff’s failure to warn claim was preempted by federal law. In August 2013, the Femur Fracture MDL court entered an order requiring plaintiffs in the Femur Fracture MDL to show cause why those cases asserting claims for a femur fracture injury that took place prior to September 14, 2010, should not be dismissed based on the court’s preemption decision in the Glynn case. Pursuant to the show cause order, in March 2014, the Femur Fracture MDL court dismissed with prejudice approximately 650 cases on preemption grounds. Plaintiffs in approximately 515 of those cases appealed that decision to the U.S. Court of Appeals for the Third Circuit (Third Circuit). In March 2017, the Third Circuit issued a decision reversing the Femur Fracture MDL court’s preemption ruling and remanding the appealed cases back to the Femur Fracture MDL court. Merck filed a petition for a writ of certiorari to the U.S. Supreme Court in August 2017 seeking review of the Third Circuit’s decision. In December 2017, the Supreme Court invited the Solicitor General to file a brief in the case expressing the views of the United States, and in May 2018, the Solicitor General submitted a brief stating that the Third Circuit’s decision was wrongly decided and recommended that the Supreme Court grant Merck’s cert petition. The Supreme Court granted Merck’s petition in June 2018, and an oral argument before the Supreme Court was held on January 7, 2019. On May 20, 2019, the Supreme Court issued its opinion and decided that the Third Circuit had incorrectly concluded that the issue of preemption should be resolved by a jury, and accordingly vacated the judgment of the Third Circuit and remanded the proceedings back to the Third Circuit to address the issue in a manner consistent with the Supreme Court’s opinion. The Third Circuit has requested, by August 6, 2019, ten page letters from each side addressing two specific issues central to the appeal. Accordingly, as of June 30, 2019 , 11 cases were actively pending in the Femur Fracture MDL, and approximately 1,060 cases have either been dismissed without prejudice or administratively closed pending final resolution by the Supreme Court of the appeal of the Femur Fracture MDL court’s preemption order. As of June 30, 2019 , approximately 2,555 cases alleging Femur Fractures have been filed in New Jersey state court and are pending before Judge James Hyland in Middlesex County. The parties selected an initial group of cases to be reviewed through fact discovery. Merck has continued to select additional cases to be reviewed through fact discovery from 2016 to the present. As of June 30, 2019 , approximately 275 cases alleging Femur Fractures have been filed and are pending in California state court. All of the Femur Fracture cases filed in California state court have been coordinated before a single judge in Orange County, California. Additionally, there are four Femur Fracture cases pending in other state courts. Discovery is presently stayed in the Femur Fracture MDL and in the state court cases in California. Merck intends to defend against these lawsuits. Januvia/Janumet As previously disclosed, Merck is a defendant in product liability lawsuits in the United States involving Januvia and/or Janumet . As of June 30, 2019 , Merck is aware of approximately 1,350 product users alleging that Januvia and/or Janumet caused the development of pancreatic cancer and other injuries. Most claims have been filed in multidistrict litigation before the U.S. District Court for the Southern District of California (MDL). Outside of the MDL, the majority of claims have been filed in coordinated proceedings before the Superior Court of California, County of Los Angeles (California State Court). In November 2015, the MDL and California State Court-in separate opinions-granted summary judgment to defendants on grounds of federal preemption. Plaintiffs appealed in both forums. In November 2017, the U.S. Court of Appeals for the Ninth Circuit vacated the judgment and remanded for further discovery, which is ongoing. In November 2018, the California state appellate court reversed and remanded on similar grounds. In March 2019, the parties in the MDL and the California coordinated proceeding agreed to coordinate and adopt a schedule for completing discovery on general causation and preemption issues and for renewing summary judgment and Daubert motions. Under the stipulated case management schedule, the filing deadline for Daubert and summary judgment motions will take place in May 2020. As of June 30, 2019 , seven product users have claims pending against Merck in state courts other than California, including Illinois. In June 2017, the Illinois trial court denied Merck’s motion for summary judgment based on federal preemption. Merck appealed, and the Illinois appellate court affirmed in December 2018. Merck filed a petition for leave to appeal to the Illinois Supreme Court in February 2019. In April 2019, the Illinois Supreme Court stayed consideration of the pending petition to appeal until the United States Supreme Court issued its opinion in Merck Sharp & Dohme Corp. v. Albrecht , No. 17-290. Merck filed the opinion in Albrecht with the Illinois Supreme Court in June 2019. The petition for leave to appeal remains pending. In addition to the claims noted above, the Company has agreed to toll the statute of limitations for approximately 50 additional claims. The Company intends to continue defending against these lawsuits. Governmental Proceedings In the fall of 2018, the Company received a records subpoena from the U.S. Attorney’s Office for the District of Vermont (VT USAO) pursuant to Section 248 of the Health Insurance Portability and Accountability Act of 1996 (HIPAA) relating to an investigation of potential health care offenses. The subpoena sought information relating to any actual or potential business relationship or arrangement Merck has had with Practice Fusion, Inc. (PFI), a cloud-based, electronic health records (EHR) company that was acquired by Allscripts in January 2018. The Company cooperated with the government and responded to that subpoena. Subsequently, on May 21, 2019, Merck received a second records subpoena from the VT USAO that broadened the government’s information request by seeking information relating to Merck’s relationship with any EHR company. Shortly thereafter, the VT USAO served a Civil Investigation Demand (CID) upon Merck similarly seeking information on the Company’s relationships with EHR vendors. The CID explains that the government is conducting a False Claims Act investigation concerning whether Merck and/or PFI submitted claims to federal healthcare programs that violate the Federal Anti-Kickback Statute. Merck is cooperating with the government’s investigation. On April 15, 2019, Merck received a set of investigative interrogatories from the California Attorney General’s Office pursuant to its investigation of conduct and agreements that allegedly affected or delayed competition to Lantus in the insulin market. The interrogatories seek information concerning Merck’s development of an insulin glargine product, and its subsequent termination, as well as Merck’s patent litigation against Sanofi S.A. concerning Lantus and the resolution of that litigation. Merck is cooperating with the California Attorney General’s investigation. As previously disclosed, the Company’s subsidiaries in China have, in the past, received and may continue to receive inquiries regarding their operations from various Chinese governmental agencies. Some of these inquiries may be related to matters involving other multinational pharmaceutical companies, as well as Chinese entities doing business with such companies. The Company’s policy is to cooperate with these authorities and to provide responses as appropriate. As previously disclosed, from time to time, the Company receives inquiries and is the subject of preliminary investigation activities from competition and other governmental authorities in markets outside the United States. These authorities may include regulators, administrative authorities, and law enforcement and other similar officials, and these preliminary investigation activities may include site visits, formal or informal requests or demands for documents or materials, inquiries or interviews and similar matters. Certain of these preliminary inquiries or activities may lead to the commencement of formal proceedings. Should those proceedings be determined adversely to the Company, monetary fines and/or remedial undertakings may be required. Commercial and Other Litigation Zetia Antitrust Litigation As previously disclosed, Merck, MSD, Schering Corporation and MSP Singapore Company LLC (collectively, the Merck Defendants) are defendants in putative class action and opt-out lawsuits filed in 2018 on behalf of direct and indirect purchasers of Zetia alleging violations of federal and state antitrust laws, as well as other state statutory and common law causes of action. The cases have been consolidated for pretrial purposes in a federal multidistrict litigation before Judge Rebecca Beach Smith in the Eastern District of Virginia. In December 2018, the court denied the Merck Defendants’ motions to dismiss or stay the direct purchaser putative class actions pending bilateral arbitration. On February 6, 2019, the magistrate judge issued a report and recommendation recommending that the district judge grant in part and deny in part defendants’ motions to dismiss on non-arbitration issues. On February 20, 2019, defendants and retailer opt-out plaintiffs filed objections to the report and recommendation. The parties await a decision from the district judge. Trial is currently scheduled to begin on September 30, 2020. Merck KGaA Litigation As previously disclosed, in January 2016, to protect its long-established brand rights in the United States, the Company filed a lawsuit against Merck KGaA, Darmstadt, Germany (KGaA), historically operating as the EMD Group in the United States, alleging it improperly uses the name “Merck” in the United States. KGaA has filed suit against the Company in France, the UK, Germany, Switzerland, Mexico, India, Australia, Singapore, Hong Kong, and China alleging, among other things, unfair competition, trademark infringement and/or corporate name infringement. In the UK, Australia, Singapore, Hong Kong, and India, KGaA also alleges breach of the parties’ coexistence agreement. The litigation is ongoing in the United States with no trial date set, and also ongoing in numerous jurisdictions outside of the United States; the Company is defending those suits in each jurisdiction. Patent Litigation From time to time, generic manufacturers of pharmaceutical products file abbreviated New Drug Applications (NDAs) with the U.S. Food and Drug Administration (FDA) seeking to market generic forms of the Company’s products prior to the expiration of relevant patents owned by the Company. To protect its patent rights, the Company may file patent infringement lawsuits against such generic companies. Similar lawsuits defending the Company’s patent rights may exist in other countries. The Company intends to vigorously defend its patents, which it believes are valid, against infringement by companies attempting to market products prior to the expiration of such patents. As with any litigation, there can be no assurance of the outcomes, which, if adverse, could result in significantly shortened periods of exclusivity for these products and, with respect to products acquired through acquisitions, potentially significant intangible asset impairment charges. Inegy — The patents protecting Inegy in Europe expired; supplemental protection certificates (SPCs) in many European countries expired in April 2019. The Company filed actions for patent infringement seeking damages against those companies that launched generic products before April 2019. Januvia, Janumet, Janumet XR — In February 2019, Par Pharmaceutical, Inc. (Par Pharmaceutical) filed suit against the Company in the U.S. District Court for the District of New Jersey, seeking a declaratory judgment of invalidity of a patent owned by the Company covering certain salt and polymorphic forms of sitagliptin that expires in 2026. In response, the Company filed a patent infringement lawsuit in the U.S. District Court for the District of Delaware against Par Pharmaceutical and additional companies that also indicated an intent to market generic versions of Januvia , Janumet , and Janumet XR following expiration of key patent protection in 2022, but prior to the expiration of the later-granted patent owned by the Company covering certain salt and polymorphic forms of sitagliptin that expires in 2026, and a later granted patent owned by the Company covering the Janumet formulation which expires in 2028. Par Pharmaceutical dismissed its case in the U.S. District Court for the District of New Jersey against the Company and will litigate the action in the U.S. District Court for the District of Delaware. The Company filed a patent infringement lawsuit against Mylan Pharmaceuticals Inc. and Mylan Inc. (Mylan) in the Northern District of West Virginia. The Company has a pending, unopposed motion before the Judicial Panel of Multidistrict Litigation to transfer the Company’s lawsuit against Mylan to the U.S. District Court for the District of Delaware for coordinated and consolidated pretrial proceedings with the other cases pending in that district. The U.S. District Court for the District of Delaware has scheduled the lawsuits for a single 3-day trial on invalidity issues beginning October 4, 2021. The Court will schedule separate 1-day trials on infringement issues if necessary. Other Litigation There are various other pending legal proceedings involving the Company, principally product liability and intellectual property lawsuits. While it is not feasible to predict the outcome of such proceedings, in the opinion of the Company, either the likelihood of loss is remote or any reasonably possible loss associated with the resolution of such proceedings is not expected to be material to the Company’s financial position, results of operations or cash flows either individually or in the aggregate. Legal Defense Reserves Legal defense costs expected to be incurred in connection with a loss contingency are accrued when probable and reasonably estimable. Some of the significant factors considered in the review of these legal defense reserves are as follows: the actual costs incurred by the Company; the development of the Company’s legal defense strategy and structure in light of the scope of its litigation; the number of cases being brought against the Company; the costs and outcomes of completed trials and the most current information regarding anticipated timing, progression, and related costs of pre-trial activities and trials in the associated litigation. The amount of legal defense reserves as of June 30, 2019 and December 31, 2018 of approximately $260 million and $245 million , respectively, represents the Company’s best estimate of the minimum amount of defense costs to be incurred in connection with its outstanding litigation; however, events such as additional trials and other events that could arise in the course of its litigation could affect the ultimate amount of legal defense costs to be incurred by the Company. The Company will continue to monitor its legal defense costs and review the adequacy of the associated reserves and may determine to increase the reserves at any time in the future if, based upon the factors set forth, it believes it would be appropriate to do so.

Equity

Equity	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Equity	Equity Three Months Ended June 30, Common Stock Other Paid-In Capital Retained Earnings Accumulated Other Comprehensive Loss Treasury Stock Non- Controlling Interests Total ($ and shares in millions except per share amounts) Shares Par Value Shares Cost Balance at April 1, 2018 3,577 $ 1,788 $ 39,874 $ 41,107 $ (5,060 ) 885 $ (44,041 ) $ 233 $ 33,901 Net income attributable to Merck & Co., Inc. — — — 1,707 — — — — 1,707 Other comprehensive loss, net of taxes — — — — (62 ) — — — (62 ) Cash dividends declared on common stock ($0.48 per share) — — — (1,291 ) — — — — (1,291 ) Treasury stock shares purchased — — — — — 27 (1,596 ) — (1,596 ) Share-based compensation plans and other — — (133 ) — — (5 ) 236 — 103 Net income attributable to noncontrolling interests — — — — — — — 9 9 Distributions attributable to noncontrolling interests — — — — — — — (5 ) (5 ) Balance at June 30, 2018 3,577 $ 1,788 $ 39,741 $ 41,523 $ (5,122 ) 907 $ (45,401 ) $ 237 $ 32,766 Balance at April 1, 2019 3,577 $ 1,788 $ 38,768 $ 44,065 $ (5,346 ) 994 $ (51,736 ) $ 131 $ 27,670 Net income attributable to Merck & Co., Inc. — — — 2,670 — — — — 2,670 Other comprehensive loss, net of taxes — — — — (16 ) — — — (16 ) Cash dividends declared on common stock ($0.55 per share) — — — (1,440 ) — — — — (1,440 ) Treasury stock shares purchased — — 1,000 — — 24 (2,235 ) — (1,235 ) Share-based compensation plans and other — — (284 ) — — (8 ) 401 — 117 Net loss attributable to noncontrolling interests — — — — — — — (26 ) (26 ) Other changes in noncontrolling ownership interests — — — — — — — (3 ) (3 ) Balance at June 30, 2019 3,577 $ 1,788 $ 39,484 $ 45,295 $ (5,362 ) 1,010 $ (53,570 ) $ 102 $ 27,737 Six Months Ended June 30, Common Stock Other Paid-In Capital Retained Earnings Accumulated Other Comprehensive Loss Treasury Stock Non- Controlling Interests Total ($ and shares in millions except per share amounts) Shares Par Value Shares Cost Balance at January 1, 2018 3,577 $ 1,788 $ 39,902 $ 41,350 $ (4,910 ) 880 $ (43,794 ) $ 233 $ 34,569 Net income attributable to Merck & Co., Inc. — — — 2,443 — — — — 2,443 Adoption of new accounting standards — — — 322 (274 ) — — — 48 Other comprehensive income, net of taxes — — — — 62 — — — 62 Cash dividends declared on common stock ($0.96 per share) — — — (2,592 ) — — — — (2,592 ) Treasury stock shares purchased — — — — — 37 (2,162 ) — (2,162 ) Share-based compensation plans and other — — (161 ) — — (10 ) 555 — 394 Net income attributable to noncontrolling interests — — — — — — — 14 14 Distributions attributable to noncontrolling interests — — — — — — — (10 ) (10 ) Balance at June 30, 2018 3,577 $ 1,788 $ 39,741 $ 41,523 $ (5,122 ) 907 $ (45,401 ) $ 237 $ 32,766 Balance at January 1, 2019 3,577 $ 1,788 $ 38,808 $ 42,579 $ (5,545 ) 985 $ (50,929 ) $ 181 $ 26,882 Net income attributable to Merck & Co., Inc. — — — 5,585 — — — — 5,585 Other comprehensive income, net of taxes — — — — 183 — — — 183 Cash dividends declared on common stock ($1.10 per share) — — — (2,869 ) — — — — (2,869 ) Treasury stock shares purchased — — 1,000 — — 38 (3,325 ) — (2,325 ) Share-based compensation plans and other — — (324 ) — — (13 ) 684 — 360 Net loss attributable to noncontrolling interests — — — — — — — (79 ) (79 ) Balance at June 30, 2019 3,577 $ 1,788 $ 39,484 $ 45,295 $ (5,362 ) 1,010 $ (53,570 ) $ 102 $ 27,737 On October 25, 2018, the Company entered into accelerated share repurchase (ASR) agreements with two third-party financial institutions (Dealers). Under the ASR agreements, Merck agreed to purchase $5 billion of Merck’s common stock, in total, with an initial delivery of 56.7 million shares of Merck’s common stock, based on the then-current market price, made by the Dealers to Merck, and payments of $5 billion made by Merck to the Dealers on October 29, 2018, which were funded with existing cash and investments, as well as short-term borrowings. The payments to the Dealers were recorded as reductions to shareholders’ equity, consisting of a $4 billion increase in treasury stock, which reflected the value of the initial 56.7 million shares received on October 29, 2018, and a $1 billion decrease in other-paid-in capital, which reflected the value of the stock held back by the Dealers pending final settlement. Upon settlement of the ASR agreements in April 2019, Merck received an additional 7.7 million shares as determined by the average daily volume weighted-average price of Merck’s common stock during the term of the ASR program, less a negotiated discount, bringing the total shares received by Merck under this program to 64.4 million

Share-Based Compensation Plans

Share-Based Compensation Plans	6 Months Ended
	Jun. 30, 2019
Share-based Payment Arrangement [Abstract]
Share-Based Compensation Plans	Share-Based Compensation Plans The Company has share-based compensation plans under which the Company grants restricted stock units (RSUs) and performance share units (PSUs) to certain management level employees. In addition, employees and non-employee directors may be granted options to purchase shares of Company common stock at the fair market value at the time of grant. The following table provides the amounts of share-based compensation cost recorded in the Condensed Consolidated Statement of Income: Three Months Ended Six Months Ended ($ in millions) 2019 2018 2019 2018 Pretax share-based compensation expense $ 111 $ 90 $ 204 $ 170 Income tax benefit (15 ) (13 ) (28 ) (28 ) Total share-based compensation expense, net of taxes $ 96 $ 77 $ 176 $ 142 During the first six months of 2019 , the Company granted 6 million RSUs with a weighted-average grant date fair value of $76.31 per RSU and during the first six months of 2018 granted 7 million RSUs with a weighted-average grant date fair value of $58.15 per RSU. During the first six months of 2019 , the Company granted 609 thousand PSUs with a weighted-average grant date fair value of $90.50 per PSU and during the first six months of 2018 granted 855 thousand PSUs with a weighted-average grant date fair value of $56.70 per PSU. During the first six months of 2019 , the Company granted 3 million stock options with a weighted-average exercise price of $80.00 per option and during the first six months of 2018 granted 3 million stock options with a weighted-average exercise price of $57.72 per option. The weighted-average fair value of options granted during the first six months of 2019 and 2018 was $10.63 and $8.19 per option, respectively, and was determined using the following assumptions: Six Months Ended 2019 2018 Expected dividend yield 3.2 % 3.4 % Risk-free interest rate 2.4 % 2.8 % Expected volatility 18.7 % 19.1 % Expected life (years) 5.9 6.1 At June 30, 2019 , there was $800 million of total pretax unrecognized compensation expense related to nonvested stock options, RSU and PSU awards which will be recognized over a weighted-average period of 2.2 years . For segment reporting, share-based compensation costs are unallocated expenses.

Pension and Other Postretiremen

Pension and Other Postretirement Benefit Plans	6 Months Ended
	Jun. 30, 2019
Retirement Benefits [Abstract]
Pension and Other Postretirement Benefit Plans	Pension and Other Postretirement Benefit Plans The Company has defined benefit pension plans covering eligible employees in the United States and in certain of its international subsidiaries. The net periodic benefit cost of such plans consisted of the following components: Three Months Ended Six Months Ended 2019 2018 2019 2018 ($ in millions) U.S. International U.S. International U.S. International U.S. International Service cost $ 74 $ 60 $ 85 $ 58 $ 144 $ 120 $ 168 $ 125 Interest cost 113 44 107 45 228 89 215 91 Expected return on plan assets (205 ) (107 ) (211 ) (108 ) (411 ) (214 ) (425 ) (221 ) Amortization of unrecognized prior service credit (12 ) (3 ) (13 ) (3 ) (25 ) (6 ) (25 ) (7 ) Net loss amortization 35 16 56 21 70 31 112 43 Termination benefits 3 1 7 — 5 1 17 — Curtailments — — 5 (1 ) 1 — 3 (1 ) Settlements — — — 4 — — 1 4 $ 8 $ 11 $ 36 $ 16 $ 12 $ 21 $ 66 $ 34 The Company provides medical benefits, principally to its eligible U.S. retirees and similar benefits to their dependents, through its other postretirement benefit plans. The net credit of such plans consisted of the following components: Three Months Ended Six Months Ended ($ in millions) 2019 2018 2019 2018 Service cost $ 12 $ 14 $ 24 $ 28 Interest cost 18 18 35 35 Expected return on plan assets (18 ) (21 ) (36 ) (41 ) Amortization of unrecognized prior service credit (21 ) (21 ) (43 ) (42 ) Termination benefits — 1 — 2 Curtailments (1 ) (2 ) (1 ) (6 ) $ (10 ) $ (11 ) $ (21 ) $ (24 ) In connection with restructuring actions (see Note 4), termination charges were recorded on pension and other postretirement benefit plans related to expanded eligibility for certain employees exiting Merck. Also, in connection with these restructuring actions, curtailments and settlements were recorded on pension and other postretirement benefit plans as reflected in the tables above. The components of net periodic benefit cost (credit) other than the service cost component are included in Other (income) expense, net (see Note 12), with the exception of certain amounts for termination benefits, curtailments and settlements, which are recorded in Restructuring costs if the event giving rise to the termination benefits, curtailment or settlement is related to restructuring actions as noted above.

Other (Income) Expense, Net

Other (Income) Expense, Net	6 Months Ended
	Jun. 30, 2019
Other Income and Expenses [Abstract]
Other (Income) Expense, Net	Other (Income) Expense, Net Other (income) expense, net, consisted of: Three Months Ended Six Months Ended ($ in millions) 2019 2018 2019 2018 Interest income $ (75 ) $ (81 ) $ (164 ) $ (165 ) Interest expense 233 194 442 379 Exchange losses 27 71 128 77 Income from investments in equity securities, net (1) (58 ) (153 ) (32 ) (178 ) Net periodic defined benefit plan (credit) cost other than service cost (140 ) (130 ) (281 ) (265 ) Other, net 153 51 234 (188 ) $ 140 $ (48 ) $ 327 $ (340 ) (1) Includes net realized and unrealized gains and losses from investments in equity securities either owned directly or through ownership interests in investments funds. The higher exchange losses in the first six months of 2019 reflect losses on forward exchange contracts related to the acquisition of Antelliq. Other, net (as reflected in the table above) in the second quarter and first six months of 2019 includes $78 million and $162 million of goodwill impairment charges related to certain businesses in the Healthcare Services segment. Other, net in the first six months of 2018 includes a $115 million gain on the settlement of certain patent litigation. Interest paid for the six months ended June 30, 2019 and 2018 was $356 million and $341 million , respectively.

Taxes on Income

Taxes on Income	6 Months Ended
	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Taxes on Income	Taxes on Income The effective income tax rates of 18.9% and 17.8% for the second quarter of 2019 and 2018 , respectively, and 13.0% and 28.4% for the first six months of 2019 and 2018, respectively, reflect the impacts of acquisition and divestiture-related costs and restructuring costs, partially offset by the beneficial impact of foreign earnings. In addition, the effective income tax rate for the first six months of 2019 reflects the favorable impact of a $360 million net tax benefit related to the settlement of certain federal income tax matters (discussed below). The effective income tax rate for the first six months of 2018 reflects the unfavorable impact of a $1.4 billion pretax charge recorded in connection with the formation of a collaboration with Eisai for which no tax benefit was recognized. In the first quarter of 2019, the Internal Revenue Service (IRS) concluded its examinations of Merck’s 2012-2014 U.S. federal income tax returns. As a result, the Company was required to make a payment of $107 million . The Company’s reserves for unrecognized tax benefits for the years under examination exceeded the adjustments relating to this examination period and therefore the Company recorded a $360 million net tax benefit in the first six months of 2019. This net benefit reflects reductions in reserves for unrecognized tax benefits for tax positions relating to the years that were under examination, partially offset by additional reserves for tax positions not previously reserved for.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The calculations of earnings per share are as follows: Three Months Ended Six Months Ended ($ and shares in millions except per share amounts) 2019 2018 2019 2018 Net income attributable to Merck & Co., Inc. $ 2,670 $ 1,707 $ 5,585 $ 2,443 Average common shares outstanding 2,574 2,683 2,579 2,689 Common shares issuable (1) 14 13 17 13 Average common shares outstanding assuming dilution 2,588 2,696 2,596 2,702 Basic earnings per common share attributable to Merck & Co., Inc. common shareholders $ 1.04 $ 0.64 $ 2.17 $ 0.91 Earnings per common share assuming dilution attributable to Merck & Co., Inc. common shareholders $ 1.03 $ 0.63 $ 2.15 $ 0.90 (1) Issuable primarily under share-based compensation plans. For the second quarter of 2019 and 2018 , 3 million and 13 million , respectively, and for the first six months of 2019 and 2018 , 4 million and 15 million

Other Comprehensive Income (Los

Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Other Comprehensive Income (Loss)	Other Comprehensive Income (Loss) Changes in AOCI by component are as follows: Three Months Ended June 30, ($ in millions) Derivatives Investments Employee Benefit Plans Cumulative Translation Adjustment Accumulated Other Comprehensive Income (Loss) Balance April 1, 2018, net of taxes $ (201 ) $ (167 ) $ (3,095 ) $ (1,597 ) $ (5,060 ) Other comprehensive income (loss) before reclassification adjustments, pretax 265 (17 ) (1 ) (301 ) (54 ) Tax (56 ) — 1 (60 ) (115 ) Other comprehensive income (loss) before reclassification adjustments, net of taxes 209 (17 ) — (361 ) (169 ) Reclassification adjustments, pretax 72 (1) 20 (2) 40 (3) — 132 Tax (15 ) — (10 ) — (25 ) Reclassification adjustments, net of taxes 57 20 30 — 107 Other comprehensive income (loss), net of taxes 266 3 30 (361 ) (62 ) Balance June 30, 2018, net of taxes $ 65 $ (164 ) $ (3,065 ) $ (1,958 ) $ (5,122 ) Balance April 1, 2019, net of taxes $ 118 $ 4 $ (3,541 ) $ (1,927 ) $ (5,346 ) Other comprehensive income (loss) before reclassification adjustments, pretax 10 55 — (25 ) 40 Tax (2 ) — — 6 4 Other comprehensive income (loss) before reclassification adjustments, net of taxes 8 55 — (19 ) 44 Reclassification adjustments, pretax (76 ) (1) (11 ) (2) 14 (3) — (73 ) Tax 16 — (3 ) — 13 Reclassification adjustments, net of taxes (60 ) (11 ) 11 — (60 ) Other comprehensive income (loss), net of taxes (52 ) 44 11 (19 ) (16 ) Balance June 30, 2019, net of taxes $ 66 $ 48 $ (3,530 ) $ (1,946 ) $ (5,362 ) Six Months Ended June 30, ($ in millions) Derivatives Investments Employee Benefit Plans Cumulative Translation Adjustment Accumulated Other Comprehensive Income (Loss) Balance January 1, 2018, net of taxes $ (108 ) $ (61 ) $ (2,787 ) $ (1,954 ) $ (4,910 ) Other comprehensive income (loss) before reclassification adjustments, pretax 84 (133 ) (2 ) 18 (33 ) Tax (18 ) 1 4 (122 ) (135 ) Other comprehensive income (loss) before reclassification adjustments, net of taxes 66 (132 ) 2 (104 ) (168 ) Reclassification adjustments, pretax 164 (1) 36 (2) 81 (3) — 281 Tax (34 ) — (17 ) — (51 ) Reclassification adjustments, net of taxes 130 36 64 — 230 Other comprehensive income (loss), net of taxes 196 (96 ) 66 (104 ) 62 Adoption of ASU 2018-02 (23 ) 1 (344 ) 100 (266 ) Adoption of ASU 2016-01 — (8 ) — — (8 ) Balance June 30, 2018, net of taxes $ 65 $ (164 ) $ (3,065 ) $ (1,958 ) $ (5,122 ) Balance January 1, 2019, net of taxes $ 166 $ (78 ) $ (3,556 ) $ (2,077 ) $ (5,545 ) Other comprehensive income (loss) before reclassification adjustments, pretax (3 ) 131 (1 ) 131 258 Tax 1 — 6 — 7 Other comprehensive income (loss) before reclassification adjustments, net of taxes (2 ) 131 5 131 265 Reclassification adjustments, pretax (124 ) (1) (5 ) (2) 28 (3) — (101 ) Tax 26 — (7 ) — 19 Reclassification adjustments, net of taxes (98 ) (5 ) 21 — (82 ) Other comprehensive income (loss), net of taxes (100 ) 126 26 131 183 Balance June 30, 2019, net of taxes $ 66 $ 48 $ (3,530 ) $ (1,946 ) $ (5,362 ) (1) Relates to foreign currency cash flow hedges that were reclassified from AOCI to Sales . (2) Represents net realized (gains) losses on the sales of available-for-sale debt securities that were reclassified from AOCI to Other (income) expense, net . (3) Includes net amortization of prior service cost and actuarial gains and losses included in net periodic benefit cost (see Note 11).

Segment Reporting

Segment Reporting	6 Months Ended
	Jun. 30, 2019
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting The Company’s operations are principally managed on a products basis and include four operating segments, which are the Pharmaceutical, Animal Health, Healthcare Services and Alliances segments. The Pharmaceutical and Animal Health segments are the only reportable segments. The Pharmaceutical segment includes human health pharmaceutical and vaccine products. Human health pharmaceutical products consist of therapeutic and preventive agents, generally sold by prescription, for the treatment of human disorders. The Company sells these human health pharmaceutical products primarily to drug wholesalers and retailers, hospitals, government agencies and managed health care providers such as health maintenance organizations, pharmacy benefit managers and other institutions. Human health vaccine products consist of preventive pediatric, adolescent and adult vaccines, primarily administered at physician offices. The Company sells these human health vaccines primarily to physicians, wholesalers, physician distributors and government entities. A large component of pediatric and adolescent vaccine sales are made to the U.S. Centers for Disease Control and Prevention Vaccines for Children program, which is funded by the U.S. government. Additionally, the Company sells vaccines to the Federal government for placement into vaccine stockpiles. During 2019, as a result of changes to the Company’s internal reporting structure, certain costs that were previously included in the Pharmaceutical segment are now being included as part of non-segment expenses within Merck Research Laboratories. Prior period Pharmaceutical segment profits have been recast to reflect these changes on a comparable basis. The Animal Health segment discovers, develops, manufactures and markets animal health products, including pharmaceutical and vaccine products, for the prevention, treatment and control of disease in all major livestock and companion animal species, which the Company sells to veterinarians, distributors and animal producers. The Healthcare Services segment provides services and solutions that focus on engagement, health analytics and clinical services to improve the value of care delivered to patients. The Alliances segment primarily includes activity from the Company’s relationship with AstraZeneca LP related to sales of Nexium and Prilosec, which concluded in 2018. Sales of the Company’s products were as follows: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 ($ in millions) U.S. Int’l Total U.S. Int’l Total U.S. Int’l Total U.S. Int’l Total Pharmaceutical: Oncology Keytruda $ 1,498 $ 1,136 $ 2,634 $ 959 $ 707 $ 1,667 $ 2,782 $ 2,121 $ 4,903 $ 1,797 $ 1,333 $ 3,131 Emend 67 54 121 89 59 148 130 107 237 168 105 273 Alliance revenue - Lynparza 66 45 111 31 13 44 116 74 190 55 22 76 Alliance revenue - Lenvima 54 43 97 19 16 35 104 67 171 19 16 35 Vaccines Gardasil/Gardasil 9 456 430 886 302 306 608 818 906 1,724 682 586 1,269 ProQuad/M-M-R II /Varivax 500 174 675 356 70 426 843 328 1,171 668 150 818 RotaTeq 104 68 172 99 57 156 258 125 383 250 99 349 Pneumovax 23 123 47 170 122 71 193 248 107 355 234 137 372 Vaqta 38 20 58 42 23 65 67 39 105 60 42 101 Hospital Acute Care Bridion 129 149 278 95 145 240 248 285 533 175 269 444 Noxafil 100 93 193 87 100 188 191 192 383 168 195 363 Cubicin 22 45 67 48 46 94 64 91 155 95 97 192 Invanz 18 60 78 87 63 149 31 118 150 177 123 300 Primaxin — 70 71 — 68 68 1 129 130 5 135 140 Cancidas 3 64 67 4 83 87 4 125 129 7 171 178 Immunology Simponi — 214 214 — 233 233 — 422 422 — 464 464 Remicade — 98 98 — 157 157 — 221 221 — 324 324 Neuroscience Belsomra 21 55 76 29 42 71 45 98 143 52 73 125 Virology Isentress/Isentress HD 94 153 247 132 174 305 202 300 502 260 326 586 Zepatier 39 68 108 (10 ) 123 113 72 149 221 (10 ) 253 243 Cardiovascular Zetia 6 150 156 8 218 226 6 290 296 25 505 531 Vytorin 3 73 76 3 152 155 6 167 174 11 311 322 Atozet — 92 92 — 101 101 — 186 186 — 174 174 Adempas — 104 104 — 75 75 — 194 194 — 143 143 Diabetes Januvia 471 437 908 503 446 949 855 877 1,732 968 862 1,829 Janumet 166 366 533 209 377 585 333 730 1,063 401 729 1,129 Women’s Health NuvaRing 206 34 240 187 49 236 391 68 459 357 95 452 Implanon/Nexplanon 136 48 183 114 60 174 285 98 382 242 106 348 Diversified Brands Singulair 8 153 160 5 180 185 13 338 352 11 350 360 Cozaar/Hyzaar 6 103 109 7 118 125 10 202 213 14 231 245 Nasonex (1 ) 73 72 — 81 81 (2 ) 170 168 2 201 203 Arcoxia — 75 75 — 84 84 — 149 149 — 166 166 Follistim AQ 24 39 63 27 43 70 53 67 121 56 81 138 Other pharmaceutical (1) 401 869 1,268 287 902 1,189 759 1,650 2,406 608 1,770 2,378 Total Pharmaceutical segment sales 4,758 5,702 10,460 3,841 5,442 9,282 8,933 11,190 20,123 7,557 10,644 18,201 Animal Health: Livestock 145 526 671 107 526 633 261 1,021 1,282 231 1,055 1,286 Companion Animals 190 263 453 204 253 457 367 500 867 387 482 869 Total Animal Health segment sales 335 789 1,124 311 779 1,090 628 1,521 2,149 618 1,537 2,155 Other segment sales (2) 47 — 48 56 — 56 86 — 87 140 — 140 Total segment sales 5,140 6,491 11,632 4,208 6,221 10,428 9,647 12,711 22,359 8,315 12,181 20,496 Other (3) 4 125 128 54 (18 ) 37 12 206 216 80 (74 ) 6 $ 5,144 $ 6,616 $ 11,760 $ 4,262 $ 6,203 $ 10,465 $ 9,659 $ 12,917 $ 22,575 $ 8,395 $ 12,107 $ 20,502 U.S. plus international may not equal total due to rounding . (1) Other pharmaceutical primarily reflects sales of other human health pharmaceutical products, including products within the franchises not listed separately. (2) Represents the non-reportable segments of Healthcare Services and Alliances. (3) Other is primarily comprised of miscellaneous corporate revenues, including revenue hedging activities, as well as third-party manufacturing sales. Product sales are recorded net of the provision for discounts, including chargebacks, which are customer discounts that occur when a contracted customer purchases through an intermediary wholesale purchaser, and rebates that are owed based upon definitive contractual agreements or legal requirements with private sector and public sector (Medicaid and Medicare Part D) benefit providers, after the final dispensing of the product by a pharmacy to a benefit plan participant. These discounts, in the aggregate, reduced U.S. sales by $2.9 billion and $2.8 billion for the three months ended June 30, 2019 and 2018 , respectively, and by $5.5 billion and $5.2 billion for the six months ended June 30, 2019 and 2018 , respectively. Consolidated sales by geographic area where derived are as follows: Three Months Ended Six Months Ended ($ in millions) 2019 2018 2019 2018 United States $ 5,144 $ 4,262 $ 9,659 $ 8,395 Europe, Middle East and Africa 3,163 3,144 6,265 6,334 Japan 921 855 1,720 1,592 China 763 559 1,509 1,045 Asia Pacific (other than Japan and China) 716 791 1,461 1,543 Latin America 658 594 1,219 1,126 Other 395 260 742 467 $ 11,760 $ 10,465 $ 22,575 $ 20,502 A reconciliation of segment profits to Income before taxes is as follows: Three Months Ended Six Months Ended ($ in millions) 2019 2018 2019 2018 Segment profits: Pharmaceutical segment $ 7,115 $ 5,975 $ 13,690 $ 11,914 Animal Health segment 405 450 820 864 Other segments (2 ) 26 — 88 Total segment profits 7,518 6,451 14,510 12,866 Other profits (losses) 94 (2 ) 124 (89 ) Unallocated: Interest income 75 81 164 165 Interest expense (233 ) (194 ) (442 ) (379 ) Depreciation and amortization (427 ) (332 ) (786 ) (682 ) Research and development (2,093 ) (2,190 ) (3,935 ) (5,307 ) Amortization of purchase accounting adjustments (378 ) (732 ) (775 ) (1,464 ) Restructuring costs (59 ) (228 ) (212 ) (323 ) Other unallocated, net (1,238 ) (768 ) (2,322 ) (1,355 ) $ 3,259 $ 2,086 $ 6,326 $ 3,432 Pharmaceutical segment profits are comprised of segment sales less standard costs, as well as selling, general and administrative expenses directly incurred by the segment. Animal Health segment profits are comprised of segment sales, less all cost of sales, as well as selling, general and administrative expenses and research and development costs directly incurred by the segment. For internal management reporting presented to the chief operating decision maker, Merck does not allocate the remaining cost of sales not included in segment profits as described above, research and development expenses incurred in Merck Research Laboratories, the Company’s research and development division that focuses on human health-related activities, or general and administrative expenses, nor the cost of financing these activities. Separate divisions maintain responsibility for monitoring and managing these costs, including depreciation related to fixed assets utilized by these divisions and, therefore, they are not included in segment profits. In addition, costs related to restructuring activities, as well as the amortization of purchase accounting adjustments are not allocated to segments. Other profits are primarily comprised of miscellaneous corporate profits, as well as operating profits related to third-party manufacturing sales. Other unallocated, net includes expenses from corporate and manufacturing cost centers, goodwill and other intangible asset impairment charges, gains or losses on sales of businesses, expense or income related to changes in the estimated fair value of liabilities for contingent consideration, and other miscellaneous income or expense items.

Basis of Presentation (Policies

Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements of Merck & Co., Inc. (Merck or the Company) have been prepared pursuant to the rules and regulations for reporting on Form 10-Q. Accordingly, certain information and disclosures required by accounting principles generally accepted in the United States for complete consolidated financial statements are not included herein. These interim statements should be read in conjunction with the audited financial statements and notes thereto included in Merck’s Form 10-K filed on February 27, 2019. The results of operations of any interim period are not necessarily indicative of the results of operations for the full year. In the Company’s opinion, all adjustments necessary for a fair statement of these interim statements have been included and are of a normal and recurring nature. Certain reclassifications have been made to prior year amounts to conform to the current presentation.
Recently Adopted and Issued Accounting Standards	Recently Adopted Accounting Standards In February 2016, the FASB issued new accounting guidance for the accounting and reporting of leases (ASU 2016-02) and subsequently issued several updates to the new guidance (ASC 842 or new guidance). The new guidance requires that lessees recognize a right-of-use asset and a lease liability for each of its leases (other than leases that meet the definition of a short-term lease). Leases will be classified as either operating or finance. Operating leases will result in straight-line expense in the income statement (similar to previous operating leases), while finance leases will result in more expense being recognized in the earlier years of the lease term (similar to previous capital leases). The Company adopted the new standard on January 1, 2019 using a modified retrospective approach. Merck elected the transition method that allows for application of the standard at the adoption date rather than at the beginning of the earliest comparative period presented in the financial statements. The Company also elected available practical expedients. Upon adoption, the Company recognized $1.1 billion of additional assets and related liabilities on its consolidated balance sheet (see Note 7). The adoption of the new guidance did not impact the Company’s consolidated statements of income or cash flows. Recently Issued Accounting Standards Not Yet Adopted In June 2016, the FASB issued amended guidance on the accounting for credit losses on financial instruments. The guidance introduces an expected loss model for estimating credit losses, replacing the incurred loss model. The new guidance also changes the impairment model for available-for-sale debt securities, requiring the use of an allowance to record estimated credit losses (and subsequent recoveries). The new guidance is effective for interim and annual periods beginning in 2020, with earlier application permitted in 2019, including adoption in any interim period. The new guidance is to be applied on a modified retrospective basis through a cumulative-effect adjustment directly to retained earnings in the beginning of the period of adoption. The Company is currently evaluating the impact of adoption on its consolidated financial statements. In April 2018, the FASB issued new guidance on the accounting for costs incurred to implement a cloud computing arrangement that is considered a service arrangement. The new guidance requires the capitalization of such costs, aligning it with the accounting for costs associated with developing or obtaining internal-use software. The new guidance is effective for interim and annual periods beginning in 2020. Early adoption is permitted, including adoption in any interim period. Prospective adoption for eligible costs incurred on or after the date of adoption or retrospective adoption is permitted. The Company is currently evaluating the impact of adoption on its consolidated financial statements. In November 2018, the FASB issued new guidance for collaborative arrangements intended to reduce diversity in practice by clarifying whether certain transactions between collaborative arrangement participants should be accounted for under revenue recognition guidance (ASC 606). The new guidance is effective for interim and annual periods beginning in 2020. Early adoption is permitted, including adoption in any interim period. The new guidance is to be applied on a retrospective basis through a cumulative-effect adjustment directly to retained earnings. The Company does not anticipate the adoption of this standard will have a material effect on its consolidated financial statements.
Legal Defense Costs	Legal defense costs expected to be incurred in connection with a loss contingency are accrued when probable and reasonably estimable.

Acquisitions, Research Collab_2

Acquisitions, Research Collaborations and License Agreements (Tables)	6 Months Ended
	Jun. 30, 2019
Business Combinations [Abstract]
Fair Value of Assets Acquired and Liabilities Assumed	The estimated fair value of assets acquired and liabilities assumed from Antelliq is as follows: ($ in millions) April 1, 2019 Cash and cash equivalents $ 31 Accounts receivable 73 Inventories 97 Property, plant and equipment 62 Identifiable intangible assets (useful lives ranging from 18-24 years) (1) 2,689 Deferred income tax liabilities (563 ) Other assets and liabilities, net (81 ) Total identifiable net assets 2,308 Goodwill (2) 1,343 Consideration transferred $ 3,651 (1) The estimated fair values of identifiable intangible assets relate primarily to trade names and were determined using an income approach. The future net cash flows were discounted to present value utilizing a discount rate of 11.5% . Actual cash flows are likely to be different than those assumed. (2) The goodwill recognized is largely attributable to anticipated synergies expected to arise after the acquisition and was allocated to the Animal Health segment. The goodwill is not deductible for tax purposes.

Collaborative Arrangements (Tab

Collaborative Arrangements (Tables)	6 Months Ended
	Jun. 30, 2019
Collaborative Arrangements [Abstract]
Collaboration Arrangements	Summarized financial information related to this collaboration is as follows: Three Months Ended Six Months Ended ($ in millions) 2019 2018 2019 2018 Alliance revenue $ 97 $ 35 $ 171 $ 35 Cost of sales (1) 23 1 74 1 Selling, general and administrative 19 2 38 2 Research and development (2) 62 36 109 1,436 ($ in millions) June 30, 2019 December 31, 2018 Receivables from Eisai included in Other current assets $ 98 $ 71 Payables to Eisai included in Accrued and other current liabilities (3) 709 375 Payables to Eisai included in Other Noncurrent Liabilities (3) 125 543 (1) Represents amortization of capitalized milestone payments. (2) Amount for the first six months of 2018 includes the upfront payment and future option payments. (3) Includes accrued milestone and option payments. Summarized financial information related to this collaboration is as follows: Three Months Ended Six Months Ended ($ in millions) 2019 2018 2019 2018 Alliance revenue $ 111 $ 44 $ 190 $ 76 Cost of sales (1) 73 24 92 36 Selling, general and administrative 33 9 59 16 Research and development 33 42 78 71 ($ in millions) June 30, 2019 December 31, 2018 Receivables from AstraZeneca included in Other current assets $ 105 $ 52 Payables to AstraZeneca included in Accrued and other current liabilities (2) 605 405 Payables to AstraZeneca included in Other Noncurrent Liabilities (3) 300 250 (1) Represents amortization of capitalized milestone payments. (2) Includes accrued milestone and license option payments. Summarized financial information related to this collaboration is as follows: Three Months Ended Six Months Ended ($ in millions) 2019 2018 2019 2018 Net product sales recorded by Merck $ 53 $ 47 $ 100 $ 90 Merck’s profit share from sales in Bayer’s marketing territories 51 28 94 53 Total sales 104 75 194 143 Cost of sales (1) 29 132 58 159 Selling, general and administrative 11 10 20 17 Research and development 32 28 62 56 ($ in millions) June 30, 2019 December 31, 2018 Receivables from Bayer included in Other current assets $ 41 $ 32 Payables to Bayer included in Other Noncurrent Liabilities (2) 375 375 (1) Includes amortization of intangible assets. (2) Represents accrued milestone payment.

Restructuring (Tables)

Restructuring (Tables)	6 Months Ended
	Jun. 30, 2019
Restructuring and Related Activities [Abstract]
Charges Related to Restructuring Program Activities by Type of Cost	The following tables summarize the charges related to restructuring program activities by type of cost: Three Months Ended June 30, 2019 Six Months Ended June 30, 2019 ($ in millions) Separation Costs Accelerated Depreciation Other Total Separation Costs Accelerated Depreciation Other Total Cost of sales $ — $ 64 $ 1 $ 65 $ — $ 98 $ 1 $ 99 Selling, general and administrative — 32 — 32 — 32 — 32 Research and development — 2 1 3 — 2 1 3 Restructuring costs 25 — 34 59 153 — 59 212 $ 25 $ 98 $ 36 $ 159 $ 153 $ 132 $ 61 $ 346 Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 ($ in millions) Separation Costs Accelerated Depreciation Other Total Separation Costs Accelerated Depreciation Other Total Cost of sales $ — $ — $ 3 $ 3 $ — $ — $ 9 $ 9 Selling, general and administrative — — 1 1 — 1 1 2 Research and development — — 3 3 — (3 ) 8 5 Restructuring costs 200 — 28 228 255 — 68 323 $ 200 $ — $ 35 $ 235 $ 255 $ (2 ) $ 86 $ 339
Charges and Spending Relating to Restructuring Activities by Program	The following table summarizes the charges and spending relating to restructuring program activities for the six months ended June 30, 2019 : ($ in millions) Separation Costs Accelerated Depreciation Other Total Restructuring reserves January 1, 2019 $ 443 $ — $ 91 $ 534 Expense 153 132 61 346 (Payments) receipts, net (126 ) — (77 ) (203 ) Non-cash activity — (132 ) (2 ) (134 ) Restructuring reserves June 30, 2019 (1) $ 470 $ — $ 73 $ 543 (1)

Financial Instruments (Tables)

Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Effect of Net Investment Hedges on OCI and the Consolidated Statement of Income	The effects of the Company’s net investment hedges on OCI and the Consolidated Statement of Income are shown below: Amount of Pretax (Gain) Loss Recognized in Other Comprehensive Income (1) Amount of Pretax (Gain) Loss Recognized in Other (income) expense, net for Amounts Excluded from Effectiveness Testing Three Months Ended June 30, Six Months Ended June 30, Three Months Ended June 30, Six Months Ended June 30, ($ in millions) 2019 2018 2019 2018 2019 2018 2019 2018 Net Investment Hedging Relationships Foreign exchange contracts $ 17 $ (12 ) $ 7 $ (14 ) $ (8 ) $ (3 ) $ (15 ) $ (3 ) Euro-denominated notes 28 (271 ) (2 ) (92 ) — — — — (1) No amounts were reclassified from AOCI into income related to the sale of a subsidiary.
Summary of Interest Rate Swaps Held	At June 30, 2019 , the Company was a party to 19 pay-floating, receive-fixed interest rate swap contracts designated as fair value hedges of fixed-rate notes in which the notional amounts match the amount of the hedged fixed-rate notes as detailed in the table below. June 30, 2019 ($ in millions) Par Value of Debt Number of Interest Rate Swaps Held Total Swap Notional Amount 1.85% notes due 2020 1,250 5 1,250 3.875% notes due 2021 1,150 5 1,150 2.40% notes due 2022 1,000 4 1,000 2.35% notes due 2022 1,250 5 1,250
Amounts Recorded on Balance Sheet Related to Fair Value Hedges	The table below presents the location of amounts recorded on the Consolidated Balance Sheet related to cumulative basis adjustments for fair value hedges: Carrying Amount of Hedged Liabilities Cumulative Amount of Fair Value Hedging Adjustment Increase (Decrease) Included in the Carrying Amount ($ in millions) June 30, 2019 December 31, 2018 June 30, 2019 December 31, 2018 Balance Sheet Line Item in which Hedged Item is Included Loans payable and current portion of long-term debt $ 1,244 $ — $ (6 ) $ — Long-Term Debt 3,406 4,560 11 (82 )
Fair Value of Derivatives on a Gross Basis Segregated between those Derivatives that are Designated as Hedging Instruments and those that are Not Designated as Hedging Instruments	Presented in the table below is the fair value of derivatives on a gross basis segregated between those derivatives that are designated as hedging instruments and those that are not designated as hedging instruments: June 30, 2019 December 31, 2018 Fair Value of Derivative U.S. Dollar Notional Fair Value of Derivative U.S. Dollar Notional ($ in millions) Balance Sheet Caption Asset Liability Asset Liability Derivatives Designated as Hedging Instruments Interest rate swap contracts Other Assets $ 14 $ — $ 2,150 $ — $ — $ — Interest rate swap contracts Accrued and other current liabilities — 6 1,250 — — — Interest rate swap contracts Other Noncurrent Liabilities — 2 1,250 — 81 4,650 Foreign exchange contracts Other current assets 168 — 6,389 263 — 6,222 Foreign exchange contracts Other Assets 49 — 2,790 75 — 2,655 Foreign exchange contracts Accrued and other current liabilities — 13 1,252 — 7 774 Foreign exchange contracts Other Noncurrent Liabilities — — — — 1 89 $ 231 $ 21 $ 15,081 $ 338 $ 89 $ 14,390 Derivatives Not Designated as Hedging Instruments Foreign exchange contracts Other current assets $ 70 $ — $ 6,665 $ 116 $ — $ 5,430 Foreign exchange contracts Accrued and other current liabilities — 63 4,982 — 71 9,922 $ 70 $ 63 $ 11,647 $ 116 $ 71 $ 15,352 $ 301 $ 84 $ 26,728 $ 454 $ 160 $ 29,742
Information on Derivative Positions Subject to Master Netting Arrangements as if they were Presented on a Net Basis	The following table provides information on the Company’s derivative positions subject to these master netting arrangements as if they were presented on a net basis, allowing for the right of offset by counterparty and cash collateral exchanged per the master agreements and related credit support annexes: June 30, 2019 December 31, 2018 ($ in millions) Asset Liability Asset Liability Gross amounts recognized in the consolidated balance sheet $ 301 $ 84 $ 454 $ 160 Gross amounts subject to offset in master netting arrangements not offset in the consolidated balance sheet (69 ) (69 ) (121 ) (121 ) Cash collateral received (32 ) — (107 ) — Net amounts $ 200 $ 15 $ 226 $ 39
Location and Amount of Pretax (Gains) Losses of Derivatives	The table below provides information regarding the location and amount of pretax (gains) losses of derivatives designated in fair value or cash flow hedging relationships: Sales Other (income) expense, net (1) Other comprehensive income (loss) Sales Other (income) expense, net (1) Other comprehensive income (loss) Three Months Ended June 30, Three Months Ended June 30, Three Months Ended June 30, Six Months Ended June 30, Six Months Ended June 30, Six Months Ended June 30, ($ in millions) 2019 2018 2019 2018 2019 2018 2019 2018 2019 2018 2019 2018 Financial Statement Line Items in which Effects of Fair Value or Cash Flow Hedges are Recorded $ 11,760 $ 10,465 $ 140 (48 ) $ (16 ) $ (62 ) 22,575 $ 20,502 $ 327 $ (340 ) $ 183 $ 62 (Gain) loss on fair value hedging relationships Interest rate swap contracts Hedged items — — 55 (15 ) — — — — 88 (77 ) — — Derivatives designated as hedging instruments — — (45 ) 22 — — — — (68 ) 84 — — Impact of cash flow hedging relationships Foreign exchange contracts Amount of income (loss) recognized in OCI on derivatives — — — — 10 264 — — — — (2 ) 84 Increase (decrease) in Sales as a result of AOCI reclassifications 75 (73 ) — — (75 ) 73 119 (166 ) — — (119 ) 166 Interest rate contracts Amount of gain recognized in Other (income) expense, net on derivatives — — (1 ) (1 ) — — — — (2 ) (2 ) — — Amount of loss recognized in OCI on derivatives — — — — (1 ) (1 ) — — — — (5 ) (2 ) (1) Interest expense is a component of Other (income) expense, net.
Income Statement Effects of Derivatives Not Designated as Hedging Instruments	The table below provides information regarding the income statement effects of derivatives not designated as hedging instruments: Amount of Derivative Pretax (Gain) Loss Recognized in Income Three Months Ended June 30, Six Months Ended June 30, ($ in millions) Income Statement Caption 2019 2018 2019 2018 Derivatives Not Designated as Hedging Instruments Foreign exchange contracts (1) Other (income) expense, net $ 2 $ (195 ) $ 120 $ (167 ) Foreign exchange contracts (2) Sales (6 ) (14 ) 4 (5 ) (1) These derivative contracts mitigate changes in the value of remeasured foreign currency denominated monetary assets and liabilities attributable to changes in foreign currency exchange rates. (2) These derivative contracts serve as economic hedges of forecasted transactions.
Information on Investments in Debt and Equity Securities	Information on investments in debt and equity securities is as follows: June 30, 2019 December 31, 2018 Amortized Cost Gross Unrealized Fair Value Amortized Cost Gross Unrealized Fair Value ($ in millions) Gains Losses Gains Losses Corporate notes and bonds $ 2,666 $ 36 $ (2 ) $ 2,700 $ 4,985 $ 3 $ (68 ) $ 4,920 Asset-backed securities 789 4 (1 ) 792 1,285 1 (11 ) 1,275 U.S. government and agency securities 575 10 — 585 895 2 (5 ) 892 Foreign government bonds 41 — — 41 167 — (1 ) 166 Mortgage-backed securities 5 — — 5 8 — — 8 Total debt securities $ 4,076 $ 50 $ (3 ) $ 4,123 $ 7,340 $ 6 $ (85 ) $ 7,261 Publicly traded equity securities (1) 756 456 Total debt and publicly traded equity securities $ 4,879 $ 7,717 (1) Unrealized net (losses) gains recognized in Other (income) expense, net on equity securities still held at June 30, 2019 were $(39) million and $7 million , for the second quarter of 2019 and 2018 , respectively, and were $75 million and $50 million for the first six months of 2019 and 2018 , respectively.
Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis	Financial assets and liabilities measured at fair value on a recurring basis are summarized below: Fair Value Measurements Using Fair Value Measurements Using Quoted Prices In Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Quoted Prices In Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total ($ in millions) June 30, 2019 December 31, 2018 Assets Investments Corporate notes and bonds $ — $ 2,660 $ — $ 2,660 $ — $ 4,835 $ — $ 4,835 Asset-backed securities (1) — 788 — 788 — 1,253 — 1,253 U.S. government and agency securities — 508 — 508 — 731 — 731 Foreign government bonds — 41 — 41 — 166 — 166 Publicly traded equity securities 228 — — 228 147 — — 147 228 3,997 — 4,225 147 6,985 — 7,132 Other assets (2) U.S. government and agency securities 58 19 — 77 55 106 — 161 Corporate notes and bonds — 40 — 40 — 85 — 85 Mortgage-backed securities — 5 — 5 — 8 — 8 Asset-backed securities (1) — 4 — 4 — 22 — 22 Publicly traded equity securities 528 — — 528 309 — — 309 586 68 — 654 364 221 — 585 Derivative assets (3) Purchased currency options — 158 — 158 — 213 — 213 Forward exchange contracts — 129 — 129 — 241 — 241 Interest rate swaps — 14 — 14 — — — — — 301 — 301 — 454 — 454 Total assets $ 814 $ 4,366 $ — $ 5,180 $ 511 $ 7,660 $ — $ 8,171 Liabilities Other liabilities Contingent consideration $ — $ — $ 753 $ 753 $ — $ — $ 788 $ 788 Derivative liabilities (3) Forward exchange contracts — 73 — 73 — 74 — 74 Interest rate swaps — 8 — 8 — 81 — 81 Written currency options — 3 — 3 — 5 — 5 — 84 — 84 — 160 — 160 Total liabilities $ — $ 84 $ 753 $ 837 $ — $ 160 $ 788 $ 948 (1) Primarily all of the asset-backed securities are highly-rated (Standard & Poor’s rating of AAA and Moody’s Investors Service rating of Aaa), secured primarily by auto loan, credit card and student loan receivables, with weighted-average lives of primarily 5 years or less. (2) Investments included in other assets are restricted as to use, primarily for the payment of benefits under employee benefit plans. (3) The fair value determination of derivatives includes the impact of the credit risk of counterparties to the derivatives and the Company’s own credit risk, the effects of which were not significant.
Information About the Changes in Liabilities for Contingent Consideration	Summarized information about the changes in liabilities for contingent consideration is as follows: Six Months Ended June 30, ($ in millions) 2019 2018 Fair value January 1 $ 788 $ 935 Changes in estimated fair value (1) 50 122 Additions — 8 Payments (85 ) (235 ) Fair value June 30 (2) $ 753 $ 830 (1) Recorded in Cost of sales, Research and development expenses, and Other (income) expense, net . Includes cumulative translation adjustments. (2) Balance at June 30, 2019 includes $114 million recorded as a current liability for amounts expected to be paid within the next 12 months.

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2019
Inventory Disclosure [Abstract]
Schedule of Inventories	Inventories consisted of: ($ in millions) June 30, 2019 December 31, 2018 Finished goods $ 1,750 $ 1,658 Raw materials and work in process 5,388 5,004 Supplies 202 194 Total (approximates current cost) 7,340 6,856 (Decrease) increase to LIFO costs (29 ) 1 $ 7,311 $ 6,857 Recognized as: Inventories $ 5,847 $ 5,440 Other assets 1,464 1,417

Loans Payable, Long-Term Debt_2

Loans Payable, Long-Term Debt and Leases Loans Payable, Long-Term Debt and Leases (Tables)	6 Months Ended
	Jun. 30, 2019
Loans Payable, Long-Term Debt and Leases [Abstract]
Supplemental Balance Sheet Information	Supplemental balance sheet information related to operating leases is as follows: ($ in millions) June 30, 2019 Assets Other Assets (1) $ 1,063 Liabilities Accrued and other current liabilities $ 241 Other Noncurrent Liabilities 752 $ 993 Weighted-average remaining lease term (years) 7.5 Weighted-average discount rate 3.4 % (1) Includes prepaid leases that have no related lease liability.
Schedule of Maturities of Operating Lease Liabilities	Maturities of operating leases liabilities are as follows: ($ in millions) June 30, 2019 2019 (excluding the six months ended June 30, 2019) $ 138 2020 232 2021 172 2022 146 2023 98 Thereafter 339 Total lease payments 1,125 Less: imputed interest (132 ) $ 993

Equity (Tables)

Equity (Tables)	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Equity	Three Months Ended June 30, Common Stock Other Paid-In Capital Retained Earnings Accumulated Other Comprehensive Loss Treasury Stock Non- Controlling Interests Total ($ and shares in millions except per share amounts) Shares Par Value Shares Cost Balance at April 1, 2018 3,577 $ 1,788 $ 39,874 $ 41,107 $ (5,060 ) 885 $ (44,041 ) $ 233 $ 33,901 Net income attributable to Merck & Co., Inc. — — — 1,707 — — — — 1,707 Other comprehensive loss, net of taxes — — — — (62 ) — — — (62 ) Cash dividends declared on common stock ($0.48 per share) — — — (1,291 ) — — — — (1,291 ) Treasury stock shares purchased — — — — — 27 (1,596 ) — (1,596 ) Share-based compensation plans and other — — (133 ) — — (5 ) 236 — 103 Net income attributable to noncontrolling interests — — — — — — — 9 9 Distributions attributable to noncontrolling interests — — — — — — — (5 ) (5 ) Balance at June 30, 2018 3,577 $ 1,788 $ 39,741 $ 41,523 $ (5,122 ) 907 $ (45,401 ) $ 237 $ 32,766 Balance at April 1, 2019 3,577 $ 1,788 $ 38,768 $ 44,065 $ (5,346 ) 994 $ (51,736 ) $ 131 $ 27,670 Net income attributable to Merck & Co., Inc. — — — 2,670 — — — — 2,670 Other comprehensive loss, net of taxes — — — — (16 ) — — — (16 ) Cash dividends declared on common stock ($0.55 per share) — — — (1,440 ) — — — — (1,440 ) Treasury stock shares purchased — — 1,000 — — 24 (2,235 ) — (1,235 ) Share-based compensation plans and other — — (284 ) — — (8 ) 401 — 117 Net loss attributable to noncontrolling interests — — — — — — — (26 ) (26 ) Other changes in noncontrolling ownership interests — — — — — — — (3 ) (3 ) Balance at June 30, 2019 3,577 $ 1,788 $ 39,484 $ 45,295 $ (5,362 ) 1,010 $ (53,570 ) $ 102 $ 27,737 Six Months Ended June 30, Common Stock Other Paid-In Capital Retained Earnings Accumulated Other Comprehensive Loss Treasury Stock Non- Controlling Interests Total ($ and shares in millions except per share amounts) Shares Par Value Shares Cost Balance at January 1, 2018 3,577 $ 1,788 $ 39,902 $ 41,350 $ (4,910 ) 880 $ (43,794 ) $ 233 $ 34,569 Net income attributable to Merck & Co., Inc. — — — 2,443 — — — — 2,443 Adoption of new accounting standards — — — 322 (274 ) — — — 48 Other comprehensive income, net of taxes — — — — 62 — — — 62 Cash dividends declared on common stock ($0.96 per share) — — — (2,592 ) — — — — (2,592 ) Treasury stock shares purchased — — — — — 37 (2,162 ) — (2,162 ) Share-based compensation plans and other — — (161 ) — — (10 ) 555 — 394 Net income attributable to noncontrolling interests — — — — — — — 14 14 Distributions attributable to noncontrolling interests — — — — — — — (10 ) (10 ) Balance at June 30, 2018 3,577 $ 1,788 $ 39,741 $ 41,523 $ (5,122 ) 907 $ (45,401 ) $ 237 $ 32,766 Balance at January 1, 2019 3,577 $ 1,788 $ 38,808 $ 42,579 $ (5,545 ) 985 $ (50,929 ) $ 181 $ 26,882 Net income attributable to Merck & Co., Inc. — — — 5,585 — — — — 5,585 Other comprehensive income, net of taxes — — — — 183 — — — 183 Cash dividends declared on common stock ($1.10 per share) — — — (2,869 ) — — — — (2,869 ) Treasury stock shares purchased — — 1,000 — — 38 (3,325 ) — (2,325 ) Share-based compensation plans and other — — (324 ) — — (13 ) 684 — 360 Net loss attributable to noncontrolling interests — — — — — — — (79 ) (79 ) Balance at June 30, 2019 3,577 $ 1,788 $ 39,484 $ 45,295 $ (5,362 ) 1,010 $ (53,570 ) $ 102 $ 27,737

Share-Based Compensation Plans

Share-Based Compensation Plans (Tables)	6 Months Ended
	Jun. 30, 2019
Share-based Payment Arrangement [Abstract]
Amounts of Share-Based Compensation Cost Recorded in Consolidated Statement of Income	The following table provides the amounts of share-based compensation cost recorded in the Condensed Consolidated Statement of Income: Three Months Ended Six Months Ended ($ in millions) 2019 2018 2019 2018 Pretax share-based compensation expense $ 111 $ 90 $ 204 $ 170 Income tax benefit (15 ) (13 ) (28 ) (28 ) Total share-based compensation expense, net of taxes $ 96 $ 77 $ 176 $ 142
Assumptions Used to Determine Weighted-Average Fair Value of Options Granted	The weighted-average fair value of options granted during the first six months of 2019 and 2018 was $10.63 and $8.19 per option, respectively, and was determined using the following assumptions: Six Months Ended 2019 2018 Expected dividend yield 3.2 % 3.4 % Risk-free interest rate 2.4 % 2.8 % Expected volatility 18.7 % 19.1 % Expected life (years) 5.9 6.1

Pension and Other Postretirem_2

Pension and Other Postretirement Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2019
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Components of net cost of defined benefit plans	The Company has defined benefit pension plans covering eligible employees in the United States and in certain of its international subsidiaries. The net periodic benefit cost of such plans consisted of the following components: Three Months Ended Six Months Ended 2019 2018 2019 2018 ($ in millions) U.S. International U.S. International U.S. International U.S. International Service cost $ 74 $ 60 $ 85 $ 58 $ 144 $ 120 $ 168 $ 125 Interest cost 113 44 107 45 228 89 215 91 Expected return on plan assets (205 ) (107 ) (211 ) (108 ) (411 ) (214 ) (425 ) (221 ) Amortization of unrecognized prior service credit (12 ) (3 ) (13 ) (3 ) (25 ) (6 ) (25 ) (7 ) Net loss amortization 35 16 56 21 70 31 112 43 Termination benefits 3 1 7 — 5 1 17 — Curtailments — — 5 (1 ) 1 — 3 (1 ) Settlements — — — 4 — — 1 4 $ 8 $ 11 $ 36 $ 16 $ 12 $ 21 $ 66 $ 34
Other Postretirement Benefit Plans
Defined Benefit Plan Disclosure [Line Items]
Components of net cost of defined benefit plans	The Company provides medical benefits, principally to its eligible U.S. retirees and similar benefits to their dependents, through its other postretirement benefit plans. The net credit of such plans consisted of the following components: Three Months Ended Six Months Ended ($ in millions) 2019 2018 2019 2018 Service cost $ 12 $ 14 $ 24 $ 28 Interest cost 18 18 35 35 Expected return on plan assets (18 ) (21 ) (36 ) (41 ) Amortization of unrecognized prior service credit (21 ) (21 ) (43 ) (42 ) Termination benefits — 1 — 2 Curtailments (1 ) (2 ) (1 ) (6 ) $ (10 ) $ (11 ) $ (21 ) $ (24 )

Other (Income) Expense, Net (Ta

Other (Income) Expense, Net (Tables)	6 Months Ended
	Jun. 30, 2019
Other Income and Expenses [Abstract]
Other (Income) Expense, Net	Other (income) expense, net, consisted of: Three Months Ended Six Months Ended ($ in millions) 2019 2018 2019 2018 Interest income $ (75 ) $ (81 ) $ (164 ) $ (165 ) Interest expense 233 194 442 379 Exchange losses 27 71 128 77 Income from investments in equity securities, net (1) (58 ) (153 ) (32 ) (178 ) Net periodic defined benefit plan (credit) cost other than service cost (140 ) (130 ) (281 ) (265 ) Other, net 153 51 234 (188 ) $ 140 $ (48 ) $ 327 $ (340 ) (1) Includes net realized and unrealized gains and losses from investments in equity securities either owned directly or through ownership interests in investments funds.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Calculations of Earnings Per Share	The calculations of earnings per share are as follows: Three Months Ended Six Months Ended ($ and shares in millions except per share amounts) 2019 2018 2019 2018 Net income attributable to Merck & Co., Inc. $ 2,670 $ 1,707 $ 5,585 $ 2,443 Average common shares outstanding 2,574 2,683 2,579 2,689 Common shares issuable (1) 14 13 17 13 Average common shares outstanding assuming dilution 2,588 2,696 2,596 2,702 Basic earnings per common share attributable to Merck & Co., Inc. common shareholders $ 1.04 $ 0.64 $ 2.17 $ 0.91 Earnings per common share assuming dilution attributable to Merck & Co., Inc. common shareholders $ 1.03 $ 0.63 $ 2.15 $ 0.90 (1) Issuable primarily under share-based compensation plans.

Other Comprehensive Income (L_2

Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2019
Equity [Abstract]
Changes in AOCI by Component	Changes in AOCI by component are as follows: Three Months Ended June 30, ($ in millions) Derivatives Investments Employee Benefit Plans Cumulative Translation Adjustment Accumulated Other Comprehensive Income (Loss) Balance April 1, 2018, net of taxes $ (201 ) $ (167 ) $ (3,095 ) $ (1,597 ) $ (5,060 ) Other comprehensive income (loss) before reclassification adjustments, pretax 265 (17 ) (1 ) (301 ) (54 ) Tax (56 ) — 1 (60 ) (115 ) Other comprehensive income (loss) before reclassification adjustments, net of taxes 209 (17 ) — (361 ) (169 ) Reclassification adjustments, pretax 72 (1) 20 (2) 40 (3) — 132 Tax (15 ) — (10 ) — (25 ) Reclassification adjustments, net of taxes 57 20 30 — 107 Other comprehensive income (loss), net of taxes 266 3 30 (361 ) (62 ) Balance June 30, 2018, net of taxes $ 65 $ (164 ) $ (3,065 ) $ (1,958 ) $ (5,122 ) Balance April 1, 2019, net of taxes $ 118 $ 4 $ (3,541 ) $ (1,927 ) $ (5,346 ) Other comprehensive income (loss) before reclassification adjustments, pretax 10 55 — (25 ) 40 Tax (2 ) — — 6 4 Other comprehensive income (loss) before reclassification adjustments, net of taxes 8 55 — (19 ) 44 Reclassification adjustments, pretax (76 ) (1) (11 ) (2) 14 (3) — (73 ) Tax 16 — (3 ) — 13 Reclassification adjustments, net of taxes (60 ) (11 ) 11 — (60 ) Other comprehensive income (loss), net of taxes (52 ) 44 11 (19 ) (16 ) Balance June 30, 2019, net of taxes $ 66 $ 48 $ (3,530 ) $ (1,946 ) $ (5,362 ) Six Months Ended June 30, ($ in millions) Derivatives Investments Employee Benefit Plans Cumulative Translation Adjustment Accumulated Other Comprehensive Income (Loss) Balance January 1, 2018, net of taxes $ (108 ) $ (61 ) $ (2,787 ) $ (1,954 ) $ (4,910 ) Other comprehensive income (loss) before reclassification adjustments, pretax 84 (133 ) (2 ) 18 (33 ) Tax (18 ) 1 4 (122 ) (135 ) Other comprehensive income (loss) before reclassification adjustments, net of taxes 66 (132 ) 2 (104 ) (168 ) Reclassification adjustments, pretax 164 (1) 36 (2) 81 (3) — 281 Tax (34 ) — (17 ) — (51 ) Reclassification adjustments, net of taxes 130 36 64 — 230 Other comprehensive income (loss), net of taxes 196 (96 ) 66 (104 ) 62 Adoption of ASU 2018-02 (23 ) 1 (344 ) 100 (266 ) Adoption of ASU 2016-01 — (8 ) — — (8 ) Balance June 30, 2018, net of taxes $ 65 $ (164 ) $ (3,065 ) $ (1,958 ) $ (5,122 ) Balance January 1, 2019, net of taxes $ 166 $ (78 ) $ (3,556 ) $ (2,077 ) $ (5,545 ) Other comprehensive income (loss) before reclassification adjustments, pretax (3 ) 131 (1 ) 131 258 Tax 1 — 6 — 7 Other comprehensive income (loss) before reclassification adjustments, net of taxes (2 ) 131 5 131 265 Reclassification adjustments, pretax (124 ) (1) (5 ) (2) 28 (3) — (101 ) Tax 26 — (7 ) — 19 Reclassification adjustments, net of taxes (98 ) (5 ) 21 — (82 ) Other comprehensive income (loss), net of taxes (100 ) 126 26 131 183 Balance June 30, 2019, net of taxes $ 66 $ 48 $ (3,530 ) $ (1,946 ) $ (5,362 ) (1) Relates to foreign currency cash flow hedges that were reclassified from AOCI to Sales . (2) Represents net realized (gains) losses on the sales of available-for-sale debt securities that were reclassified from AOCI to Other (income) expense, net . (3) Includes net amortization of prior service cost and actuarial gains and losses included in net periodic benefit cost (see Note 11).

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2019
Segment Reporting [Abstract]
Sales of Company's products	Sales of the Company’s products were as follows: Three Months Ended June 30, Six Months Ended June 30, 2019 2018 2019 2018 ($ in millions) U.S. Int’l Total U.S. Int’l Total U.S. Int’l Total U.S. Int’l Total Pharmaceutical: Oncology Keytruda $ 1,498 $ 1,136 $ 2,634 $ 959 $ 707 $ 1,667 $ 2,782 $ 2,121 $ 4,903 $ 1,797 $ 1,333 $ 3,131 Emend 67 54 121 89 59 148 130 107 237 168 105 273 Alliance revenue - Lynparza 66 45 111 31 13 44 116 74 190 55 22 76 Alliance revenue - Lenvima 54 43 97 19 16 35 104 67 171 19 16 35 Vaccines Gardasil/Gardasil 9 456 430 886 302 306 608 818 906 1,724 682 586 1,269 ProQuad/M-M-R II /Varivax 500 174 675 356 70 426 843 328 1,171 668 150 818 RotaTeq 104 68 172 99 57 156 258 125 383 250 99 349 Pneumovax 23 123 47 170 122 71 193 248 107 355 234 137 372 Vaqta 38 20 58 42 23 65 67 39 105 60 42 101 Hospital Acute Care Bridion 129 149 278 95 145 240 248 285 533 175 269 444 Noxafil 100 93 193 87 100 188 191 192 383 168 195 363 Cubicin 22 45 67 48 46 94 64 91 155 95 97 192 Invanz 18 60 78 87 63 149 31 118 150 177 123 300 Primaxin — 70 71 — 68 68 1 129 130 5 135 140 Cancidas 3 64 67 4 83 87 4 125 129 7 171 178 Immunology Simponi — 214 214 — 233 233 — 422 422 — 464 464 Remicade — 98 98 — 157 157 — 221 221 — 324 324 Neuroscience Belsomra 21 55 76 29 42 71 45 98 143 52 73 125 Virology Isentress/Isentress HD 94 153 247 132 174 305 202 300 502 260 326 586 Zepatier 39 68 108 (10 ) 123 113 72 149 221 (10 ) 253 243 Cardiovascular Zetia 6 150 156 8 218 226 6 290 296 25 505 531 Vytorin 3 73 76 3 152 155 6 167 174 11 311 322 Atozet — 92 92 — 101 101 — 186 186 — 174 174 Adempas — 104 104 — 75 75 — 194 194 — 143 143 Diabetes Januvia 471 437 908 503 446 949 855 877 1,732 968 862 1,829 Janumet 166 366 533 209 377 585 333 730 1,063 401 729 1,129 Women’s Health NuvaRing 206 34 240 187 49 236 391 68 459 357 95 452 Implanon/Nexplanon 136 48 183 114 60 174 285 98 382 242 106 348 Diversified Brands Singulair 8 153 160 5 180 185 13 338 352 11 350 360 Cozaar/Hyzaar 6 103 109 7 118 125 10 202 213 14 231 245 Nasonex (1 ) 73 72 — 81 81 (2 ) 170 168 2 201 203 Arcoxia — 75 75 — 84 84 — 149 149 — 166 166 Follistim AQ 24 39 63 27 43 70 53 67 121 56 81 138 Other pharmaceutical (1) 401 869 1,268 287 902 1,189 759 1,650 2,406 608 1,770 2,378 Total Pharmaceutical segment sales 4,758 5,702 10,460 3,841 5,442 9,282 8,933 11,190 20,123 7,557 10,644 18,201 Animal Health: Livestock 145 526 671 107 526 633 261 1,021 1,282 231 1,055 1,286 Companion Animals 190 263 453 204 253 457 367 500 867 387 482 869 Total Animal Health segment sales 335 789 1,124 311 779 1,090 628 1,521 2,149 618 1,537 2,155 Other segment sales (2) 47 — 48 56 — 56 86 — 87 140 — 140 Total segment sales 5,140 6,491 11,632 4,208 6,221 10,428 9,647 12,711 22,359 8,315 12,181 20,496 Other (3) 4 125 128 54 (18 ) 37 12 206 216 80 (74 ) 6 $ 5,144 $ 6,616 $ 11,760 $ 4,262 $ 6,203 $ 10,465 $ 9,659 $ 12,917 $ 22,575 $ 8,395 $ 12,107 $ 20,502 U.S. plus international may not equal total due to rounding . (1) Other pharmaceutical primarily reflects sales of other human health pharmaceutical products, including products within the franchises not listed separately. (2) Represents the non-reportable segments of Healthcare Services and Alliances. (3) Other is primarily comprised of miscellaneous corporate revenues, including revenue hedging activities, as well as third-party manufacturing sales.
Consolidated revenues by geographic area	Consolidated sales by geographic area where derived are as follows: Three Months Ended Six Months Ended ($ in millions) 2019 2018 2019 2018 United States $ 5,144 $ 4,262 $ 9,659 $ 8,395 Europe, Middle East and Africa 3,163 3,144 6,265 6,334 Japan 921 855 1,720 1,592 China 763 559 1,509 1,045 Asia Pacific (other than Japan and China) 716 791 1,461 1,543 Latin America 658 594 1,219 1,126 Other 395 260 742 467 $ 11,760 $ 10,465 $ 22,575 $ 20,502
Reconciliation of segment profits to income before taxes	A reconciliation of segment profits to Income before taxes is as follows: Three Months Ended Six Months Ended ($ in millions) 2019 2018 2019 2018 Segment profits: Pharmaceutical segment $ 7,115 $ 5,975 $ 13,690 $ 11,914 Animal Health segment 405 450 820 864 Other segments (2 ) 26 — 88 Total segment profits 7,518 6,451 14,510 12,866 Other profits (losses) 94 (2 ) 124 (89 ) Unallocated: Interest income 75 81 164 165 Interest expense (233 ) (194 ) (442 ) (379 ) Depreciation and amortization (427 ) (332 ) (786 ) (682 ) Research and development (2,093 ) (2,190 ) (3,935 ) (5,307 ) Amortization of purchase accounting adjustments (378 ) (732 ) (775 ) (1,464 ) Restructuring costs (59 ) (228 ) (212 ) (323 ) Other unallocated, net (1,238 ) (768 ) (2,322 ) (1,355 ) $ 3,259 $ 2,086 $ 6,326 $ 3,432

Basis of Presentation - Adoptio

Basis of Presentation - Adoption of New Accounting Standards - Narrative (Details) - USD ($) $ in Millions	Jun. 30, 2019	Jan. 01, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Additional Assets	$ 1,063
Accounting Standards Update 2016-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Additional Assets		$ 1,100

Acquisitions, Research Collab_3

Acquisitions, Research Collaborations and License Agreements - Acquisitions (Details) $ in Millions, $ in Millions	Apr. 01, 2019USD ($)	Jul. 31, 2019USD ($)	Apr. 30, 2019USD ($)	Jun. 30, 2018AUD ($)	Jun. 30, 2018USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)	Dec. 31, 2018USD ($)
Acquisitions Research Collaborations And License Agreements Transactions [Line Items]
Goodwill						$ 19,490		$ 19,490		$ 18,253
Research and development						$ 2,189	$ 2,274	$ 4,119	$ 5,470
Antelliq
Acquisitions Research Collaborations And License Agreements Transactions [Line Items]
Payment to acquire business	$ 2,300
Payment of debt	1,300
Transaction costs	47
Cash and cash equivalents	31
Goodwill	$ 1,343
Immune Design
Acquisitions Research Collaborations And License Agreements Transactions [Line Items]
Payment to acquire business			$ 301
Intangible assets recognized			156
Cash and cash equivalents			83
Other assets recognized			31
Goodwill			$ 31
Viralytics
Acquisitions Research Collaborations And License Agreements Transactions [Line Items]
Payment to acquire business				$ 502	$ 378
Other assets recognized					$ 34		34		34
Research and development							$ 344		$ 344
Subsequent Event | Peloton
Acquisitions Research Collaborations And License Agreements Transactions [Line Items]
Payment to acquire business		$ 1,050
Potential future milestone payments, maximum		$ 1,150

Acquisitions, Research Collab_4

Acquisitions, Research Collaborations and License Agreements - Fair Value of Assets Acquired and Liabilities Assumed (Details) $ in Millions	Apr. 01, 2019USD ($)	Jun. 30, 2019USD ($)	Dec. 31, 2018USD ($)
Acquisitions Research Collaborations And License Agreements Transactions [Line Items]
Goodwill		$ 19,490	$ 18,253
Minimum
Acquisitions Research Collaborations And License Agreements Transactions [Line Items]
Useful lives of identifiable intangible assets	18 years
Maximum
Acquisitions Research Collaborations And License Agreements Transactions [Line Items]
Useful lives of identifiable intangible assets	24 years
Antelliq
Acquisitions Research Collaborations And License Agreements Transactions [Line Items]
Cash and cash equivalents	$ 31
Accounts receivable	73
Inventories	97
Property, plant and equipment	62
Identifiable intangible assets (useful lives ranging from 18-24 years) (1)	2,689
Deferred income tax liabilities	(563)
Other assets and liabilities, net	(81)
Total identifiable net assets	2,308
Goodwill	1,343
Consideration transferred	$ 3,651
Measurement Input, Discount Rate | Antelliq
Acquisitions Research Collaborations And License Agreements Transactions [Line Items]
Present value discount rate	0.115

Collaborative Arrangements - Na

Collaborative Arrangements - Narrative (Details) - USD ($) $ in Millions

1 Months Ended

3 Months Ended

6 Months Ended

12 Months Ended

18 Months Ended

37 Months Ended

Mar. 31, 2021

Mar. 31, 2020

Dec. 31, 2019

Jun. 30, 2019

Apr. 30, 2019

Mar. 31, 2019

Dec. 31, 2018

Mar. 31, 2018

Dec. 31, 2017

Jul. 31, 2017

Jun. 30, 2019

Mar. 31, 2019

Jun. 30, 2018

Mar. 31, 2018

Jun. 30, 2019

Jun. 30, 2018

Dec. 31, 2018

Dec. 31, 2017

Dec. 31, 2018

Mar. 31, 2021

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Research and development

$ 2,189

$ 2,274

$ 4,119

$ 5,470

Other liabilities, noncurrent

$ 11,283

$ 12,041

11,283

11,283

$ 12,041

$ 12,041

Lynparza | Other Assets

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Finite-lived intangible assets

1,000

1,000

1,000

Lenvima | Other Assets

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Finite-lived intangible assets

687

687

687

Adempas | Other intangible assets

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Finite-lived intangible assets

956

956

956

AstraZeneca

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Upfront and milestone payments

$ 1,600

License option payment related to collaborative arrangement

$ 400

$ 250

$ 750

Research and development

$ 2,350

AstraZeneca | Forecast

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

License option payment related to collaborative arrangement

$ 100

AstraZeneca | Lynparza

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Cumulative amortization expense

52

AstraZeneca | Sales-Based Milestones

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Probable contingent payments collaborative arrangement

$ 700

Contingent milestone payments collaborative arrangement

3,100

AstraZeneca | Sales-Based Milestones | Lynparza

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Probable contingent payments collaborative arrangement

300

Liabilities

300

$ 300

300

Milestone payments made to collaborative partner

250

AstraZeneca | Regulatory Milestones | Lynparza

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Milestone payments made to collaborative partner

$ 30

$ 30

140

Contingent milestone payments collaborative arrangement

1,700

Eisai

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Upfront and milestone payments

$ 750

License option payment related to collaborative arrangement

$ 325

Research and development

$ 1,400

1,400

Eisai | Forecast

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

License option payment related to collaborative arrangement

$ 125

$ 200

$ 650

Eisai | Lenvima

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Cumulative amortization expense

$ 35

Eisai | Sales-Based Milestones

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Contingent milestone payments collaborative arrangement

3,970

3,420

Eisai | Sales-Based Milestones | Lenvima

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Probable contingent payments collaborative arrangement

282

268

Liabilities

$ 282

$ 282

Milestone payments made to collaborative partner

50

Eisai | Regulatory Milestones

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Contingent milestone payments collaborative arrangement

$ 385

135

Eisai | Regulatory Milestones | Lenvima

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Milestone payments made to collaborative partner

$ 250

Bayer AG | Adempas

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Cumulative amortization expense

106

Bayer AG | Sales-Based Milestones

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Probable contingent payments collaborative arrangement

375

Milestone payments made to collaborative partner

$ 350

Contingent milestone payments collaborative arrangement

$ 400

Other liabilities, noncurrent

$ 375

$ 375

Collaborative Arrangements - Sc

Collaborative Arrangements - Schedule of Collaborative Arrangement Transactions (Details) - Collaborative Arrangement - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Other current assets | AstraZeneca
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Receivables from counterparty	$ 105		$ 105		$ 52
Other current assets | Eisai
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Receivables from counterparty	98		98		71
Other current assets | Bayer AG
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Receivables from counterparty	41		41		32
Accounts payable and accrued liabilities | AstraZeneca
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Payables to counterparty	605		605		405
Accounts payable and accrued liabilities | Eisai
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Payables to counterparty	709		709		375
Other Noncurrent Liabilities | AstraZeneca
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Payables to counterparty	300		300		250
Other Noncurrent Liabilities | Eisai
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Payables to counterparty	125		125		543
Other Noncurrent Liabilities | Bayer AG
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Payables to counterparty	375		375		$ 375
Revenue | AstraZeneca
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Total sales	111	$ 44	190	$ 76
Revenue | Eisai
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Total sales	97	35	171	35
Revenue | Bayer AG
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Net product sales recorded by Merck	53	47	100	90
Merck’s profit share from sales in Bayer’s marketing territories	51	28	94	53
Total sales	104	75	194	143
Cost of sales | AstraZeneca
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Expenses	73	24	92	36
Cost of sales | Eisai
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Expenses	23	1	74	1
Cost of sales | Bayer AG
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Expenses	29	132	58	159
Selling, general and administrative | AstraZeneca
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Expenses	33	9	59	16
Selling, general and administrative | Eisai
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Expenses	19	2	38	2
Selling, general and administrative | Bayer AG
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Expenses	11	10	20	17
Research and development | AstraZeneca
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Expenses	33	42	78	71
Research and development | Eisai
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Expenses	62	36	109	1,436
Research and development | Bayer AG
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Expenses	$ 32	$ 28	$ 62	$ 56

Restructuring - Narrative (Deta

Restructuring - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2019
Restructuring Cost and Reserve [Line Items]
Estimate of cumulative pre tax costs that will result in cash outlays			55.00%
Estimate of cumulative pre tax costs that will be noncash			45.00%
Total pretax restructuring costs	$ 159	$ 235	$ 346	$ 339
Minimum
Restructuring Cost and Reserve [Line Items]
Expected restructuring and related cost	800		800
Maximum
Restructuring Cost and Reserve [Line Items]
Expected restructuring and related cost	$ 1,200		$ 1,200
Forecast
Restructuring Cost and Reserve [Line Items]
Expected restructuring and related cost					$ 500

Restructuring - Charges Related

Restructuring - Charges Related to Restructuring Program Activities by Type of Cost (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Restructuring Cost and Reserve [Line Items]
Total pretax restructuring costs	$ 159	$ 235	$ 346	$ 339
Separation Costs
Restructuring Cost and Reserve [Line Items]
Total pretax restructuring costs	25	200	153	255
Accelerated Depreciation
Restructuring Cost and Reserve [Line Items]
Total pretax restructuring costs	98	0	132	(2)
Other
Restructuring Cost and Reserve [Line Items]
Total pretax restructuring costs	36	35	61	86
Cost of sales
Restructuring Cost and Reserve [Line Items]
Total pretax restructuring costs	65	3	99	9
Cost of sales | Separation Costs
Restructuring Cost and Reserve [Line Items]
Total pretax restructuring costs	0	0	0	0
Cost of sales | Accelerated Depreciation
Restructuring Cost and Reserve [Line Items]
Total pretax restructuring costs	64	0	98	0
Cost of sales | Other
Restructuring Cost and Reserve [Line Items]
Total pretax restructuring costs	1	3	1	9
Selling, general and administrative
Restructuring Cost and Reserve [Line Items]
Total pretax restructuring costs	32	1	32	2
Selling, general and administrative | Separation Costs
Restructuring Cost and Reserve [Line Items]
Total pretax restructuring costs	0	0	0	0
Selling, general and administrative | Accelerated Depreciation
Restructuring Cost and Reserve [Line Items]
Total pretax restructuring costs	32	0	32	1
Selling, general and administrative | Other
Restructuring Cost and Reserve [Line Items]
Total pretax restructuring costs	0	1	0	1
Research and development
Restructuring Cost and Reserve [Line Items]
Total pretax restructuring costs	3	3	3	5
Research and development | Separation Costs
Restructuring Cost and Reserve [Line Items]
Total pretax restructuring costs	0	0	0	0
Research and development | Accelerated Depreciation
Restructuring Cost and Reserve [Line Items]
Total pretax restructuring costs	2	0	2	(3)
Research and development | Other
Restructuring Cost and Reserve [Line Items]
Total pretax restructuring costs	1	3	1	8
Restructuring costs
Restructuring Cost and Reserve [Line Items]
Total pretax restructuring costs	59	228	212	323
Restructuring costs | Separation Costs
Restructuring Cost and Reserve [Line Items]
Total pretax restructuring costs	25	200	153	255
Restructuring costs | Accelerated Depreciation
Restructuring Cost and Reserve [Line Items]
Total pretax restructuring costs	0	0	0	0
Restructuring costs | Other
Restructuring Cost and Reserve [Line Items]
Total pretax restructuring costs	$ 34	$ 28	$ 59	$ 68

Restructuring - Charges and Spe

Restructuring - Charges and Spending Relating to Restructuring Activities by Program (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance			$ 534
Expense	$ 159	$ 235	346	$ 339
(Payments) receipts, net			(203)
Non-cash activity			(134)
Restructuring reserve, ending balance	543		543
Separation Costs
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance			443
Expense	25	200	153	255
(Payments) receipts, net			(126)
Non-cash activity			0
Restructuring reserve, ending balance	470		470
Accelerated Depreciation
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance			0
Expense	98	0	132	(2)
(Payments) receipts, net			0
Non-cash activity			(132)
Restructuring reserve, ending balance	0		0
Other
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance			91
Expense	36	$ 35	61	$ 86
(Payments) receipts, net			(77)
Non-cash activity			(2)
Restructuring reserve, ending balance	$ 73		$ 73

Financial Instruments - Narrati

Financial Instruments - Narrative (Details)	6 Months Ended
	Jun. 30, 2019USD ($)interest_rate_swap	Jun. 30, 2018USD ($)	Dec. 31, 2018USD ($)
Derivative [Line Items]
Number of interest rate swaps held (in interest rate swaps) | interest_rate_swap	19
Pretax net unrealized gain on derivatives maturing within next 12 months estimated to be reclassified from AOCI to sales	$ 76,000,000
Equity investments without readily determinable fair values	465,000,000
Unrealized gains recognized on investments in equity securities without readily determinable fair values	4,000,000
Unrealized losses recognized on investments in equity securities without readily determinable fair values	10,000,000
Cumulative unrealized gains on investments	172,000,000
Cumulative unrealized losses on investments	21,000,000
Available-for-sale debt securities included in Short-term investments	398,000,000
Available-for-sale debt securities maturing after one year through five years	3,400,000,000
Cash and cash equivalents	6,659,000,000		$ 7,965,000,000
Payments of contingent consideration	85,000,000	$ 235,000,000
Fair value of loans payable and long-term debt, including current portion	28,600,000,000		25,600,000,000
Debt, Long-term and Short-term, Combined Amount	26,600,000,000		25,100,000,000
Cash collateral received from counterparties	32,000,000		107,000,000
Cash collateral advanced to counterparties	0		$ 0
Significant Other Observable Inputs (Level 2)
Derivative [Line Items]
Cash and cash equivalents	6,700,000,000
Cash equivalents	$ 5,900,000,000
Derivatives Designated as Hedging Instruments | Maximum
Derivative [Line Items]
Maximum average period of maturities of contracts in years (less than)	2 years
Derivatives Not Designated as Hedging Instruments | Maximum
Derivative [Line Items]
Maximum average period of maturities of contracts in years (less than)	1 year
gefapixant
Derivative [Line Items]
Payments of contingent consideration		$ 175,000,000

Financial Instruments - Effect

Financial Instruments - Effect of Net Investment Hedges (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Pretax (Gain) Loss Recognized in Other Comprehensive Income (1)	$ 17	$ (12)	$ 7	$ (14)
Foreign exchange contracts | Other (income) expense, net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Pretax (Gain) Loss Recognized in Other (income) expense, net for Amounts Excluded from Effectiveness Testing	(8)	(3)	(15)	(3)
Euro-denominated notes
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Pretax (Gain) Loss Recognized in Other Comprehensive Income (1)	28	(271)	(2)	(92)
Euro-denominated notes | Other (income) expense, net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Pretax (Gain) Loss Recognized in Other (income) expense, net for Amounts Excluded from Effectiveness Testing	$ 0	$ 0	$ 0	$ 0

Financial Instruments - Summary

Financial Instruments - Summary of Interest Rate Swaps Held (Details)	Jun. 30, 2019USD ($)interest_rate_swap	Mar. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Derivative [Line Items]
Par Value of Debt		$ 5,000,000,000
Number of Interest Rate Swaps Held (in interest rate swaps) | interest_rate_swap	19
Total Swap Notional Amount	$ 26,728,000,000		$ 29,742,000,000
1.85% notes due 2020 | Interest rate swap contracts
Derivative [Line Items]
Stated interest rate (as percent)	1.85%
Par Value of Debt	$ 1,250,000,000
Number of Interest Rate Swaps Held (in interest rate swaps) | interest_rate_swap	5
Total Swap Notional Amount	$ 1,250,000,000
3.875% notes due 2021 | Interest rate swap contracts
Derivative [Line Items]
Stated interest rate (as percent)	3.875%
Par Value of Debt	$ 1,150,000,000
Number of Interest Rate Swaps Held (in interest rate swaps) | interest_rate_swap	5
Total Swap Notional Amount	$ 1,150,000,000
2.40% notes due 2022 | Interest rate swap contracts
Derivative [Line Items]
Stated interest rate (as percent)	2.40%
Par Value of Debt	$ 1,000,000,000
Number of Interest Rate Swaps Held (in interest rate swaps) | interest_rate_swap	4
Total Swap Notional Amount	$ 1,000,000,000
2.35% notes due 2022 | Interest rate swap contracts
Derivative [Line Items]
Stated interest rate (as percent)	2.35%
Par Value of Debt	$ 1,250,000,000
Number of Interest Rate Swaps Held (in interest rate swaps) | interest_rate_swap	5
Total Swap Notional Amount	$ 1,250,000,000

Financial Instruments - Fair Va

Financial Instruments - Fair Value Hedges (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Loans payable and current portion of long-term debt
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Carrying Amount of Hedged Liabilities	$ 1,244	$ 0
Cumulative Amount of Fair Value Hedging Adjustment Increase (Decrease) Included in the Carrying Amount	(6)	0
Long-Term Debt
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Carrying Amount of Hedged Liabilities	3,406	4,560
Cumulative Amount of Fair Value Hedging Adjustment Increase (Decrease) Included in the Carrying Amount	$ 11	$ (82)

Financial Instruments - Fair _2

Financial Instruments - Fair Value of Derivatives Segregated between those Derivatives that are Designated as Hedging Instruments and those that are Not Designated as Hedging Instruments (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Derivatives, Fair Value [Line Items]
Fair Value of Derivative, Asset	$ 301	$ 454
Fair Value of Derivative, Liability	84	160
U.S. Dollar Notional	26,728	29,742
Derivatives Designated as Hedging Instruments
Derivatives, Fair Value [Line Items]
Fair Value of Derivative, Asset	231	338
Fair Value of Derivative, Liability	21	89
U.S. Dollar Notional	15,081	14,390
Derivatives Not Designated as Hedging Instruments
Derivatives, Fair Value [Line Items]
Fair Value of Derivative, Asset	70	116
Fair Value of Derivative, Liability	63	71
U.S. Dollar Notional	11,647	15,352
Interest rate swap contracts | Derivatives Designated as Hedging Instruments | Other Assets
Derivatives, Fair Value [Line Items]
Fair Value of Derivative, Asset	14	0
U.S. Dollar Notional	2,150	0
Interest rate swap contracts | Derivatives Designated as Hedging Instruments | Accrued and other current liabilities
Derivatives, Fair Value [Line Items]
Fair Value of Derivative, Liability	6	0
U.S. Dollar Notional	1,250	0
Interest rate swap contracts | Derivatives Designated as Hedging Instruments | Other Noncurrent Liabilities
Derivatives, Fair Value [Line Items]
Fair Value of Derivative, Liability	2	81
U.S. Dollar Notional	1,250	4,650
Foreign exchange contracts | Derivatives Designated as Hedging Instruments | Other Assets
Derivatives, Fair Value [Line Items]
Fair Value of Derivative, Asset	49	75
U.S. Dollar Notional	2,790	2,655
Foreign exchange contracts | Derivatives Designated as Hedging Instruments | Accrued and other current liabilities
Derivatives, Fair Value [Line Items]
Fair Value of Derivative, Liability	13	7
U.S. Dollar Notional	1,252	774
Foreign exchange contracts | Derivatives Designated as Hedging Instruments | Other Noncurrent Liabilities
Derivatives, Fair Value [Line Items]
Fair Value of Derivative, Liability	0	1
U.S. Dollar Notional	0	89
Foreign exchange contracts | Derivatives Designated as Hedging Instruments | Other current assets
Derivatives, Fair Value [Line Items]
Fair Value of Derivative, Asset	168	263
U.S. Dollar Notional	6,389	6,222
Foreign exchange contracts | Derivatives Not Designated as Hedging Instruments | Accrued and other current liabilities
Derivatives, Fair Value [Line Items]
Fair Value of Derivative, Liability	63	71
U.S. Dollar Notional	4,982	9,922
Foreign exchange contracts | Derivatives Not Designated as Hedging Instruments | Other current assets
Derivatives, Fair Value [Line Items]
Fair Value of Derivative, Asset	70	116
U.S. Dollar Notional	$ 6,665	$ 5,430

Financial Instruments - Informa

Financial Instruments - Information on Derivative Positions Subject to Master Netting Arrangements as if they were Presented on a Net Basis (Details) - USD ($)	Jun. 30, 2019	Dec. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Gross amounts recognized in the consolidated balance sheet, asset	$ 301,000,000	$ 454,000,000
Gross amount subject to offset in master netting arrangements not offset in the consolidated balance sheet, asset	(69,000,000)	(121,000,000)
Cash collateral received, asset	(32,000,000)	(107,000,000)
Net amounts, asset	200,000,000	226,000,000
Gross amounts recognized in the consolidated balance sheet, liability	84,000,000	160,000,000
Gross amount subject to offset in master netting arrangements not offset in the consolidated balance sheet, liability	(69,000,000)	(121,000,000)
Cash collateral received, liability	0	0
Net amounts, liability	$ 15,000,000	$ 39,000,000

Financial Instruments - Locatio

Financial Instruments - Location and Amount of Pretax (Gains) Losses of Derivatives (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Derivative Instruments, Gain (Loss) [Line Items]
Sales	$ 11,760	$ 10,465	$ 22,575	$ 20,502
Other (income) expense, net	140	(48)	327	(340)
Other comprehensive income (loss)	(16)	(62)	183	62
Interest rate swap contracts
Derivative Instruments, Gain (Loss) [Line Items]
Amount of income (loss) recognized in OCI on derivatives	(1)	(1)	(5)	(2)
Interest rate swap contracts | Other (income) expense, net
Derivative Instruments, Gain (Loss) [Line Items]
Hedged items	55	(15)	88	(77)
Derivatives designated as hedging instruments	(45)	22	(68)	84
Amount of gain recognized in Other (income) expense, net on derivatives	(1)	(1)	(2)	(2)
Foreign exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
Amount of income (loss) recognized in OCI on derivatives	10	264	(2)	84
Increase (decrease) in Sales as a result of AOCI reclassifications	(75)	73	(119)	166
Foreign exchange contracts | Reclassification out of Accumulated Other Comprehensive Income | Accumulated Gain (Loss), Cash Flow Hedge, Including Noncontrolling Interest
Derivative Instruments, Gain (Loss) [Line Items]
Sales	$ 75	$ (73)	$ 119	$ (166)

Financial Instruments - Income

Financial Instruments - Income Statement Effects on Derivatives Not Designated as Hedging Instruments (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Foreign currency | Other (income) expense, net
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Derivative Pretax (Gain) Loss Recognized in Income	$ 2	$ (195)	$ 120	$ (167)
Forecasted transactions | Sales
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Derivative Pretax (Gain) Loss Recognized in Income	$ (6)	$ (14)	$ 4	$ (5)

Financial Instruments - Infor_2

Financial Instruments - Information on Available-for-sale Investments (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Debt Securities, Available-for-sale [Line Items]
Debt securities, amortized cost	$ 4,076		$ 4,076		$ 7,340
Debt securities, unrealized gains	50		50		6
Debt securities, unrealized losses	(3)		(3)		(85)
Debt securities, fair value	4,123		4,123		7,261
Publicly traded equity securities, fair value	756		756		456
Total debt and publicly traded equity securities, fair value	4,879		4,879		7,717
Unrealized net gain	(39)	$ 7	75	$ 50
Corporate notes and bonds
Debt Securities, Available-for-sale [Line Items]
Debt securities, amortized cost	2,666		2,666		4,985
Debt securities, unrealized gains	36		36		3
Debt securities, unrealized losses	(2)		(2)		(68)
Debt securities, fair value	2,700		2,700		4,920
Asset-backed securities
Debt Securities, Available-for-sale [Line Items]
Debt securities, amortized cost	789		789		1,285
Debt securities, unrealized gains	4		4		1
Debt securities, unrealized losses	(1)		(1)		(11)
Debt securities, fair value	792		792		1,275
U.S. government and agency securities
Debt Securities, Available-for-sale [Line Items]
Debt securities, amortized cost	575		575		895
Debt securities, unrealized gains	10		10		2
Debt securities, unrealized losses	0		0		(5)
Debt securities, fair value	585		585		892
Foreign government bonds
Debt Securities, Available-for-sale [Line Items]
Debt securities, amortized cost	41		41		167
Debt securities, unrealized gains	0		0		0
Debt securities, unrealized losses	0		0		(1)
Debt securities, fair value	41		41		166
Mortgage-backed securities
Debt Securities, Available-for-sale [Line Items]
Debt securities, amortized cost	5		5		8
Debt securities, unrealized gains	0		0		0
Debt securities, unrealized losses	0		0		0
Debt securities, fair value	$ 5		$ 5		$ 8

Financial Instruments - Financi

Financial Instruments - Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2018	Dec. 31, 2017
Assets
Investments	$ 4,123	$ 7,261
Publicly traded equity securities	756	456
Derivative assets	301	454
Liabilities
Contingent consideration	753	788	$ 830	$ 935
Derivative liabilities	84	160
Corporate notes and bonds
Assets
Investments	2,700	4,920
Asset-backed securities
Assets
Investments	$ 792	1,275
Liabilities
Primary weighted average life of collateral	5 years
U.S. government and agency securities
Assets
Investments	$ 585	892
Foreign government bonds
Assets
Investments	41	166
Mortgage-backed securities
Assets
Investments	5	8
Fair Value, Measurements, Recurring
Assets
Investments	4,225	7,132
Other assets	654	585
Derivative assets	301	454
Total assets	5,180	8,171
Liabilities
Contingent consideration	753	788
Derivative liabilities	84	160
Total liabilities	837	948
Fair Value, Measurements, Recurring | Foreign exchange contracts
Assets
Derivative assets	129	241
Liabilities
Derivative liabilities	73	74
Fair Value, Measurements, Recurring | Interest rate swap contracts
Assets
Derivative assets	14	0
Fair Value, Measurements, Recurring | Currency options
Assets
Derivative assets	158	213
Liabilities
Derivative liabilities	3	5
Fair Value, Measurements, Recurring | Interest rate swap contracts
Liabilities
Derivative liabilities	8	81
Fair Value, Measurements, Recurring | Quoted Prices In Active Markets for Identical Assets (Level 1)
Assets
Investments	228	147
Other assets	586	364
Derivative assets	0	0
Total assets	814	511
Liabilities
Contingent consideration	0	0
Derivative liabilities	0	0
Total liabilities	0	0
Fair Value, Measurements, Recurring | Quoted Prices In Active Markets for Identical Assets (Level 1) | Foreign exchange contracts
Assets
Derivative assets	0	0
Liabilities
Derivative liabilities	0	0
Fair Value, Measurements, Recurring | Quoted Prices In Active Markets for Identical Assets (Level 1) | Interest rate swap contracts
Assets
Derivative assets	0	0
Fair Value, Measurements, Recurring | Quoted Prices In Active Markets for Identical Assets (Level 1) | Currency options
Assets
Derivative assets	0	0
Liabilities
Derivative liabilities	0	0
Fair Value, Measurements, Recurring | Quoted Prices In Active Markets for Identical Assets (Level 1) | Interest rate swap contracts
Liabilities
Derivative liabilities	0	0
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2)
Assets
Investments	3,997	6,985
Other assets	68	221
Derivative assets	301	454
Total assets	4,366	7,660
Liabilities
Contingent consideration	0	0
Derivative liabilities	84	160
Total liabilities	84	160
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Foreign exchange contracts
Assets
Derivative assets	129	241
Liabilities
Derivative liabilities	73	74
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Interest rate swap contracts
Assets
Derivative assets	14	0
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Currency options
Assets
Derivative assets	158	213
Liabilities
Derivative liabilities	3	5
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Interest rate swap contracts
Liabilities
Derivative liabilities	8	81
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3)
Assets
Investments	0	0
Other assets	0	0
Derivative assets	0	0
Total assets	0	0
Liabilities
Contingent consideration	753	788
Derivative liabilities	0	0
Total liabilities	753	788
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Foreign exchange contracts
Assets
Derivative assets	0	0
Liabilities
Derivative liabilities	0	0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Interest rate swap contracts
Assets
Derivative assets	0	0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Currency options
Assets
Derivative assets	0	0
Liabilities
Derivative liabilities	0	0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Interest rate swap contracts
Liabilities
Derivative liabilities	0	0
Fair Value, Measurements, Recurring | Corporate notes and bonds
Assets
Investments	2,660	4,835
Other assets	40	85
Fair Value, Measurements, Recurring | Corporate notes and bonds | Quoted Prices In Active Markets for Identical Assets (Level 1)
Assets
Investments	0	0
Other assets	0	0
Fair Value, Measurements, Recurring | Corporate notes and bonds | Significant Other Observable Inputs (Level 2)
Assets
Investments	2,660	4,835
Other assets	40	85
Fair Value, Measurements, Recurring | Corporate notes and bonds | Significant Unobservable Inputs (Level 3)
Assets
Investments	0	0
Other assets	0	0
Fair Value, Measurements, Recurring | Asset-backed securities
Assets
Investments	788	1,253
Other assets	4	22
Fair Value, Measurements, Recurring | Asset-backed securities | Quoted Prices In Active Markets for Identical Assets (Level 1)
Assets
Investments	0	0
Other assets	0	0
Fair Value, Measurements, Recurring | Asset-backed securities | Significant Other Observable Inputs (Level 2)
Assets
Investments	788	1,253
Other assets	4	22
Fair Value, Measurements, Recurring | Asset-backed securities | Significant Unobservable Inputs (Level 3)
Assets
Investments	0	0
Other assets	0	0
Fair Value, Measurements, Recurring | U.S. government and agency securities
Assets
Investments	508	731
Other assets	77	161
Fair Value, Measurements, Recurring | U.S. government and agency securities | Quoted Prices In Active Markets for Identical Assets (Level 1)
Assets
Investments	0	0
Other assets	58	55
Fair Value, Measurements, Recurring | U.S. government and agency securities | Significant Other Observable Inputs (Level 2)
Assets
Investments	508	731
Other assets	19	106
Fair Value, Measurements, Recurring | U.S. government and agency securities | Significant Unobservable Inputs (Level 3)
Assets
Investments	0	0
Other assets	0	0
Fair Value, Measurements, Recurring | Foreign government bonds
Assets
Investments	41	166
Fair Value, Measurements, Recurring | Foreign government bonds | Quoted Prices In Active Markets for Identical Assets (Level 1)
Assets
Investments	0	0
Fair Value, Measurements, Recurring | Foreign government bonds | Significant Other Observable Inputs (Level 2)
Assets
Investments	41	166
Fair Value, Measurements, Recurring | Foreign government bonds | Significant Unobservable Inputs (Level 3)
Assets
Investments	0	0
Fair Value, Measurements, Recurring | Mortgage-backed securities
Assets
Other assets	5	8
Fair Value, Measurements, Recurring | Mortgage-backed securities | Quoted Prices In Active Markets for Identical Assets (Level 1)
Assets
Other assets	0	0
Fair Value, Measurements, Recurring | Mortgage-backed securities | Significant Other Observable Inputs (Level 2)
Assets
Other assets	5	8
Fair Value, Measurements, Recurring | Mortgage-backed securities | Significant Unobservable Inputs (Level 3)
Assets
Other assets	0	0
Fair Value, Measurements, Recurring | Publicly traded equity securities
Assets
Publicly traded equity securities	228	147
Other assets	528	309
Fair Value, Measurements, Recurring | Publicly traded equity securities | Quoted Prices In Active Markets for Identical Assets (Level 1)
Assets
Publicly traded equity securities	228	147
Other assets	528	309
Fair Value, Measurements, Recurring | Publicly traded equity securities | Significant Other Observable Inputs (Level 2)
Assets
Publicly traded equity securities	0	0
Other assets	0	0
Fair Value, Measurements, Recurring | Publicly traded equity securities | Significant Unobservable Inputs (Level 3)
Assets
Publicly traded equity securities	0	0
Other assets	$ 0	$ 0

Financial Instruments - Infor_3

Financial Instruments - Information About Changes in Liabilities for Contingent Consideration (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value, beginning balance	$ 788	$ 935
Changes in estimated fair value	50	122
Business Combination, Consideration Transferred, Liabilities Incurred	0	8
Payments	(85)	(235)
Fair value, ending balance	753	$ 830
Current liability	$ 114

Inventories - Inventories (Deta

Inventories - Inventories (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Inventory Disclosure [Abstract]
Finished goods	$ 1,750	$ 1,658
Raw materials and work in process	5,388	5,004
Supplies	202	194
Total (approximates current cost)	7,340	6,856
(Decrease) increase to LIFO costs	(29)	1
Total current and noncurrent inventories	7,311	6,857
Recognized as:
Inventories	5,847	5,440
Other assets	$ 1,464	$ 1,417

Inventories - Narrative (Detail

Inventories - Narrative (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Inventory [Line Items]
Inventories classified in Other assets	$ 1,464	$ 1,417
Inventories Not Expected to be Sold Within One Year
Inventory [Line Items]
Inventories classified in Other assets	1,300	1,400
Inventories Produced in Preparation for Product Launches
Inventory [Line Items]
Inventories classified in Other assets	$ 118	$ 7

Loans Payable, Long-Term Debt_3

Loans Payable, Long-Term Debt and Leases - Debt Narrative (Details)	1 Months Ended
	Mar. 31, 2019USD ($)
Debt Instrument [Line Items]
Face amount of debt	$ 5,000,000,000
Net proceeds from offering	5,000,000,000
2.90% Notes Due 2024
Debt Instrument [Line Items]
Face amount of debt	$ 750,000,000
Stated interest rate (as percent)	2.90%
3.40% Notes Due 2029
Debt Instrument [Line Items]
Face amount of debt	$ 1,750,000,000
Stated interest rate (as percent)	3.40%
3.90% Notes Due 2039
Debt Instrument [Line Items]
Face amount of debt	$ 1,000,000,000
Stated interest rate (as percent)	3.90%
4.00% Notes Due 2049
Debt Instrument [Line Items]
Face amount of debt	$ 1,500,000,000
Stated interest rate (as percent)	4.00%

Loans Payable, Long-Term Debt_4

Loans Payable, Long-Term Debt and Leases Loans Payable, Long-Term Debt and Leases - Operating Leases (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019	Jul. 31, 2019	Dec. 31, 2018
Lessee, Lease, Description [Line Items]
Weighted-average remaining lease term (in years)	7 years 6 months	7 years 6 months
Operating lease cost	$ 82	$ 165
Cash payments included in the measurement of operating lease liabilities	65	138
Obligations associated with operating leases not yet commenced	$ 127	$ 127
2019				$ 188
2020				198
2021				150
2022				134
2023				84
Thereafter				$ 243
Facilities
Lessee, Lease, Description [Line Items]
Weighted-average remaining lease term (in years)	8 years	8 years
Renewal term (in years)	4 years	4 years
Vehicle
Lessee, Lease, Description [Line Items]
Weighted-average remaining lease term (in years)	4 years	4 years
Subsequent Event
Lessee, Lease, Description [Line Items]
Obligations associated with operating leases not yet commenced			$ 72
Term for operating lease not yet commenced (in years)			10 years

Loans Payable, Long-Term Debt_5

Loans Payable, Long-Term Debt and Leases - Balance Sheet Information (Details) $ in Millions	Jun. 30, 2019USD ($)
Loans Payable, Long-Term Debt and Leases [Abstract]
Other Assets	$ 1,063
Accrued and other current liabilities	241
Other Noncurrent Liabilities	752
Operating lease liability	$ 993
Weighted-average remaining lease term (in years)	7 years 6 months
Weighted-average discount rate (as percent)	3.40%

Loans Payable, Long-Term Debt_6

Loans Payable, Long-Term Debt and Leases Loans Payable, Long-Term Debt and Leases - Maturity Schedule (Details) $ in Millions	Jun. 30, 2019USD ($)
Loans Payable, Long-Term Debt and Leases [Abstract]
2019 (excluding the six months ended June 30, 2019)	$ 138
2020	232
2021	172
2022	146
2023	98
Thereafter	339
Total lease payments	1,125
Less: imputed interest	(132)
Operating lease liability	$ 993

Contingencies - Narrative (Deta

Contingencies - Narrative (Details) $ in Millions	1 Months Ended	6 Months Ended
	Mar. 31, 2014Case	Jun. 30, 2019USD ($)ClaimCase	Dec. 31, 2018USD ($)
Legal Defense Costs
Loss Contingencies [Line Items]
Legal defense costs reserve | $		$ 260	$ 245
Fosamax
Loss Contingencies [Line Items]
Loss contingency, pending claims, number (in legal matters)		3,900
Fosamax | Femur Fracture Litigation | Federal
Loss Contingencies [Line Items]
Loss contingency, pending claims, number (in legal matters)		11
Loss contingency, claims dismissed, number (in legal matters)	650	1,060
Loss contingency, claims on appeal, number (in legal matters)	515
Fosamax | Femur Fracture Litigation | New Jersey state court
Loss Contingencies [Line Items]
Loss contingency, pending claims, number (in legal matters)		2,555
Fosamax | Femur Fracture Litigation | California state court
Loss Contingencies [Line Items]
Loss contingency, pending claims, number (in legal matters)		275
Fosamax | Femur Fracture Litigation | Other state courts
Loss Contingencies [Line Items]
Loss contingency, pending claims, number (in legal matters)		4
Januvia
Loss Contingencies [Line Items]
Loss contingency, pending claims, number (in legal matters) | Claim		1,350
Januvia | Other state courts
Loss Contingencies [Line Items]
Loss contingency, pending claims, number (in legal matters) | Claim		7
Januvia | Cases Company Agreed To Toll Statute Of Limitations
Loss Contingencies [Line Items]
Loss contingency, pending claims, number (in legal matters) | Claim		50

Equity (Details)

Equity (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Jan. 01, 2018
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares, beginning balance (in shares)			3,577,103,522
Equity, beginning balance	$ 27,670	$ 33,901	$ 26,882	$ 34,569
Net income attributable to Merck & Co., Inc.	2,670	1,707	5,585	2,443
Adoption of new accounting standards					$ 48
Other comprehensive income (loss), net of taxes	(16)	(62)	183	62
Cash dividends declared on common stock	(1,440)	(1,291)	(2,869)	(2,592)
Treasury stock shares purchased	(1,235)	(1,596)	(2,325)	(2,162)
Share-based compensation plans and other	117	103	360	394
Net income (loss) attributable to noncontrolling interests	(26)	9	$ (79)	14
Distributions attributable to noncontrolling interests		(5)		(10)
Other changes in noncontrolling ownership interests	$ (3)
Shares, ending balance (in shares)	3,577,103,522		3,577,103,522
Equity, ending balance	$ 27,737	$ 32,766	$ 27,737	$ 32,766
Cash dividends declared on common stock (in dollars per share)	$ 0.55	$ 0.48	$ 1.10	$ 0.96
Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares, beginning balance (in shares)	3,577,000,000	3,577,000,000	3,577,000,000	3,577,000,000
Equity, beginning balance	$ 1,788	$ 1,788	$ 1,788	$ 1,788
Shares, ending balance (in shares)	3,577,000,000	3,577,000,000	3,577,000,000	3,577,000,000
Equity, ending balance	$ 1,788	$ 1,788	$ 1,788	$ 1,788
Other Paid-In Capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity, beginning balance	38,768	39,874	38,808	39,902
Treasury stock shares purchased	1,000		1,000
Share-based compensation plans and other	(284)	(133)	(324)	(161)
Equity, ending balance	39,484	39,741	39,484	39,741
Retained Earnings
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity, beginning balance	44,065	41,107	42,579	41,350
Net income attributable to Merck & Co., Inc.	2,670	1,707	5,585	2,443
Adoption of new accounting standards					322
Cash dividends declared on common stock	(1,440)	(1,291)	(2,869)	(2,592)
Equity, ending balance	45,295	41,523	45,295	41,523
Accumulated Other Comprehensive Loss
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity, beginning balance	(5,346)	(5,060)	(5,545)	(4,910)
Adoption of new accounting standards					$ (274)
Other comprehensive income (loss), net of taxes	(16)	(62)	183	62
Equity, ending balance	$ (5,362)	$ (5,122)	$ (5,362)	$ (5,122)
Treasury Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares, beginning balance (in shares)	994,000,000	885,000,000	985,000,000	880,000,000
Equity, beginning balance	$ (51,736)	$ (44,041)	$ (50,929)	$ (43,794)
Treasury stock shares purchased (in shares)	24,000,000	27,000,000	38,000,000	37,000,000
Treasury stock shares purchased	$ (2,235)	$ (1,596)	$ (3,325)	$ (2,162)
Share-based compensation plans and other (in shares)	(8,000,000)	(5,000,000)	(13,000,000)	(10,000,000)
Share-based compensation plans and other	$ 401	$ 236	$ 684	$ 555
Shares, ending balance (in shares)	1,010,000,000	907,000,000	1,010,000,000	907,000,000
Equity, ending balance	$ (53,570)	$ (45,401)	$ (53,570)	$ (45,401)
Non- Controlling Interests
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity, beginning balance	131	233	181	233
Net income (loss) attributable to noncontrolling interests	(26)	9	(79)	14
Distributions attributable to noncontrolling interests		(5)		(10)
Other changes in noncontrolling ownership interests	(3)
Equity, ending balance	$ 102	$ 237	$ 102	$ 237

Equity - Narrative (Details)

Equity - Narrative (Details) - USD ($) shares in Millions, $ in Millions	Oct. 29, 2018	Apr. 30, 2019	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Oct. 25, 2018
Accelerated Share Repurchases [Line Items]
Treasury stock shares acquired			$ 1,235	$ 1,596	$ 2,325	$ 2,162
Accelerated Share Repurchase Agreement
Accelerated Share Repurchases [Line Items]
Share repurchase program authorized amount								$ 5,000
Treasury stock shares purchased (in shares)	56.7	7.7					64.4
Payment under ASR agreement	$ 5,000
Treasury stock shares acquired	4,000
Decrease in other-paid-in capital	$ 1,000

Share-Based Compensation Plan_2

Share-Based Compensation Plans - Amounts of Share-Based Compensation Cost Recorded in Consolidated Statement of Income (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Share-based Payment Arrangement [Abstract]
Pretax share-based compensation expense	$ 111	$ 90	$ 204	$ 170
Income tax benefit	(15)	(13)	(28)	(28)
Total share-based compensation expense, net of taxes	$ 96	$ 77	$ 176	$ 142

Share-Based Compensation Plan_3

Share-Based Compensation Plans - Narrative (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted (in shares)	3,000	3,000
Weighted- average exercise price of options granted in period (in dollars per share)	$ 80	$ 57.72
Weighted- average fair value per option granted (in dollars per share)	$ 10.63	$ 8.19
Total pretax unrecognized compensation expense related to nonvested stock options, RSU and PSU awards	$ 800
Weighted average period in years of recognition for nonvested stock options, RSU and PSU awards	2 years 2 months 12 days
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted (in shares)	6,000	7,000
Weighted-average fair value per share granted (in dollars per share)	$ 76.31	$ 58.15
Performance Share Units (PSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted (in shares)	609	855
Weighted-average fair value per share granted (in dollars per share)	$ 90.50	$ 56.70

Share-Based Compensation Plan_4

Share-Based Compensation Plans - Assumptions Used to Determine Weighted-Average Fair Value of Options Granted (Details)	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Share-based Payment Arrangement [Abstract]
Expected dividend yield	3.20%	3.40%
Risk-free interest rate	2.40%	2.80%
Expected volatility	18.70%	19.10%
Expected life (years)	5 years 10 months 24 days	6 years 1 month 6 days

Pension and Other Postretirem_3

Pension and Other Postretirement Benefit Plans - Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Other Postretirement Benefit Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 12	$ 14	$ 24	$ 28
Interest cost	18	18	35	35
Expected return on plan assets	(18)	(21)	(36)	(41)
Amortization of unrecognized prior service credit	(21)	(21)	(43)	(42)
Termination benefits	0	1	0	2
Curtailments	(1)	(2)	(1)	(6)
Net periodic benefit cost	(10)	(11)	(21)	(24)
U.S. | Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	74	85	144	168
Interest cost	113	107	228	215
Expected return on plan assets	(205)	(211)	(411)	(425)
Amortization of unrecognized prior service credit	(12)	(13)	(25)	(25)
Net loss amortization	35	56	70	112
Termination benefits	3	7	5	17
Curtailments	0	5	1	3
Settlements	0	0	0	1
Net periodic benefit cost	8	36	12	66
International | Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	60	58	120	125
Interest cost	44	45	89	91
Expected return on plan assets	(107)	(108)	(214)	(221)
Amortization of unrecognized prior service credit	(3)	(3)	(6)	(7)
Net loss amortization	16	21	31	43
Termination benefits	1	0	1	0
Curtailments	0	(1)	0	(1)
Settlements	0	4	0	4
Net periodic benefit cost	$ 11	$ 16	$ 21	$ 34

Other (Income) Expense, Net (De

Other (Income) Expense, Net (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Other Income and Expenses [Abstract]
Interest income	$ (75)	$ (81)	$ (164)	$ (165)
Interest expense	233	194	442	379
Exchange losses	27	71	128	77
Loss (income) from investments in equity securities	(58)	(153)	(32)	(178)
Net periodic defined benefit plan (credit) cost other than service cost	(140)	(130)	(281)	(265)
Other, net	153	51	234	(188)
Other (income) expense, net	$ 140	$ (48)	$ 327	$ (340)

Other (Income) Expense, Net - N

Other (Income) Expense, Net - Narrative (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019	Jun. 30, 2018
Other Income and Expenses [Abstract]
Goodwill impairment charges	$ 78	$ 162
Gain on settlement			$ 115
Interest paid		$ 356	$ 341

Taxes on Income - Narrative (De

Taxes on Income - Narrative (Details) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2019	Jun. 30, 2018
Income Tax Examination [Line Items]
Effective income tax rate (as percent)	18.90%		17.80%		13.00%	28.40%
Research and development	$ 2,189		$ 2,274		$ 4,119	$ 5,470
Eisai
Income Tax Examination [Line Items]
Research and development				$ 1,400		$ 1,400
Internal Revenue Service (IRS) | Domestic Tax Authority
Income Tax Examination [Line Items]
Tax benefit recognized related to settlement					$ 360
Income taxes paid		$ 107

Earnings Per Share - Calculatio

Earnings Per Share - Calculations of Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Earnings Per Share [Abstract]
Net income attributable to Merck & Co., Inc.	$ 2,670	$ 1,707	$ 5,585	$ 2,443
Average common shares outstanding (in shares)	2,574	2,683	2,579	2,689
Common shares issuable (in shares)	14	13	17	13
Average common shares outstanding assuming dilution (in shares)	2,588	2,696	2,596	2,702
Basic earnings per common share attributable to Merck & Co., Inc. common shareholders (in dollars per share)	$ 1.04	$ 0.64	$ 2.17	$ 0.91
Earnings per common share assuming dilution attributable to Merck & Co., Inc. common shareholders (in dollars per share)	$ 1.03	$ 0.63	$ 2.15	$ 0.90

Earnings Per Share - Narrative

Earnings Per Share - Narrative (Details) - shares shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Earnings Per Share [Abstract]
Common shares issuable under share-based compensation plans excluded from diluted earnings per common share because the effect would have been antidilutive (in shares)	3	13	4	15

Other Comprehensive Income (L_3

Other Comprehensive Income (Loss) - Changes in AOCI by Component (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Jan. 01, 2018
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Equity, beginning balance	$ 27,670	$ 33,901	$ 26,882	$ 34,569
Other comprehensive income (loss) before reclassification adjustments, pretax	40	(54)	258	(33)
Tax	4	(115)	7	(135)
Other comprehensive income (loss) before reclassification adjustments, net of taxes	44	(169)	265	(168)
Reclassification adjustments, pretax	(73)	132	(101)	281
Tax	13	(25)	19	(51)
Reclassification adjustments, net of taxes	(60)	107	(82)	230
Other comprehensive income (loss), net of taxes	(16)	(62)	183	62
Adoption of ASU 2018-02				(266)
Adoption of ASU 2016-01					$ (8)
Equity, ending balance	27,737	32,766	27,737	32,766
Derivatives
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Equity, beginning balance	118	(201)	166	(108)
Other comprehensive income (loss) before reclassification adjustments, pretax	10	265	(3)	84
Tax	(2)	(56)	1	(18)
Other comprehensive income (loss) before reclassification adjustments, net of taxes	8	209	(2)	66
Reclassification adjustments, pretax	(76)	72	(124)	164
Tax	16	(15)	26	(34)
Reclassification adjustments, net of taxes	(60)	57	(98)	130
Other comprehensive income (loss), net of taxes	(52)	266	(100)	196
Adoption of ASU 2018-02				(23)
Adoption of ASU 2016-01					0
Equity, ending balance	66	65	66	65
Investments
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Equity, beginning balance	4	(167)	(78)	(61)
Other comprehensive income (loss) before reclassification adjustments, pretax	55	(17)	131	(133)
Tax	0	0	0	1
Other comprehensive income (loss) before reclassification adjustments, net of taxes	55	(17)	131	(132)
Reclassification adjustments, pretax	(11)	20	(5)	36
Tax	0	0	0	0
Reclassification adjustments, net of taxes	(11)	20	(5)	36
Other comprehensive income (loss), net of taxes	44	3	126	(96)
Adoption of ASU 2018-02				1
Adoption of ASU 2016-01					(8)
Equity, ending balance	48	(164)	48	(164)
Employee Benefit Plans
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Equity, beginning balance	(3,541)	(3,095)	(3,556)	(2,787)
Other comprehensive income (loss) before reclassification adjustments, pretax	0	(1)	(1)	(2)
Tax	0	1	6	4
Other comprehensive income (loss) before reclassification adjustments, net of taxes	0	0	5	2
Reclassification adjustments, pretax	14	40	28	81
Tax	(3)	(10)	(7)	(17)
Reclassification adjustments, net of taxes	11	30	21	64
Other comprehensive income (loss), net of taxes	11	30	26	66
Adoption of ASU 2018-02				(344)
Adoption of ASU 2016-01					0
Equity, ending balance	(3,530)	(3,065)	(3,530)	(3,065)
Cumulative Translation Adjustment
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Equity, beginning balance	(1,927)	(1,597)	(2,077)	(1,954)
Other comprehensive income (loss) before reclassification adjustments, pretax	(25)	(301)	131	18
Tax	6	(60)	0	(122)
Other comprehensive income (loss) before reclassification adjustments, net of taxes	(19)	(361)	131	(104)
Reclassification adjustments, pretax	0	0	0	0
Tax	0	0	0	0
Reclassification adjustments, net of taxes	0	0	0	0
Other comprehensive income (loss), net of taxes	(19)	(361)	131	(104)
Adoption of ASU 2018-02				100
Adoption of ASU 2016-01					$ 0
Equity, ending balance	(1,946)	(1,958)	(1,946)	(1,958)
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Equity, beginning balance	(5,346)	(5,060)	(5,545)	(4,910)
Equity, ending balance	$ (5,362)	$ (5,122)	$ (5,362)	$ (5,122)

Segment Reporting - Narrative (

Segment Reporting - Narrative (Details) $ in Billions	3 Months Ended		6 Months Ended
	Jun. 30, 2019USD ($)	Jun. 30, 2018USD ($)	Jun. 30, 2019USD ($)segment	Jun. 30, 2018USD ($)
Segment Reporting [Abstract]
Number of operating segments | segment			4
Sales discounts | $	$ 2.9	$ 2.8	$ 5.5	$ 5.2

Segment Reporting - Sales of Co

Segment Reporting - Sales of Company's Products (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Segment Reporting Information [Line Items]
Sales	$ 11,760	$ 10,465	$ 22,575	$ 20,502
Operating Segments
Segment Reporting Information [Line Items]
Sales	11,632	10,428	22,359	20,496
Other
Segment Reporting Information [Line Items]
Sales	128	37	216	6
United States
Segment Reporting Information [Line Items]
Sales	5,144	4,262	9,659	8,395
United States | Operating Segments
Segment Reporting Information [Line Items]
Sales	5,140	4,208	9,647	8,315
United States | Other
Segment Reporting Information [Line Items]
Sales	4	54	12	80
International
Segment Reporting Information [Line Items]
Sales	6,616	6,203	12,917	12,107
International | Operating Segments
Segment Reporting Information [Line Items]
Sales	6,491	6,221	12,711	12,181
International | Other
Segment Reporting Information [Line Items]
Sales	125	(18)	206	(74)
Total Pharmaceutical segment sales | Operating Segments
Segment Reporting Information [Line Items]
Sales	10,460	9,282	20,123	18,201
Total Pharmaceutical segment sales | Operating Segments | Keytruda
Segment Reporting Information [Line Items]
Sales	2,634	1,667	4,903	3,131
Total Pharmaceutical segment sales | Operating Segments | Emend
Segment Reporting Information [Line Items]
Sales	121	148	237	273
Total Pharmaceutical segment sales | Operating Segments | Alliance revenue - Lynparza
Segment Reporting Information [Line Items]
Sales	111	44	190	76
Total Pharmaceutical segment sales | Operating Segments | Alliance revenue - Lenvima
Segment Reporting Information [Line Items]
Sales	97	35	171	35
Total Pharmaceutical segment sales | Operating Segments | Gardasil/Gardasil 9
Segment Reporting Information [Line Items]
Sales	886	608	1,724	1,269
Total Pharmaceutical segment sales | Operating Segments | ProQuad/M-M-R II/Varivax
Segment Reporting Information [Line Items]
Sales	675	426	1,171	818
Total Pharmaceutical segment sales | Operating Segments | RotaTeq
Segment Reporting Information [Line Items]
Sales	172	156	383	349
Total Pharmaceutical segment sales | Operating Segments | Pneumovax 23
Segment Reporting Information [Line Items]
Sales	170	193	355	372
Total Pharmaceutical segment sales | Operating Segments | Vaqta
Segment Reporting Information [Line Items]
Sales	58	65	105	101
Total Pharmaceutical segment sales | Operating Segments | Bridion
Segment Reporting Information [Line Items]
Sales	278	240	533	444
Total Pharmaceutical segment sales | Operating Segments | Noxafil
Segment Reporting Information [Line Items]
Sales	193	188	383	363
Total Pharmaceutical segment sales | Operating Segments | Cubicin
Segment Reporting Information [Line Items]
Sales	67	94	155	192
Total Pharmaceutical segment sales | Operating Segments | Invanz
Segment Reporting Information [Line Items]
Sales	78	149	150	300
Total Pharmaceutical segment sales | Operating Segments | Primaxin
Segment Reporting Information [Line Items]
Sales	71	68	130	140
Total Pharmaceutical segment sales | Operating Segments | Cancidas
Segment Reporting Information [Line Items]
Sales	67	87	129	178
Total Pharmaceutical segment sales | Operating Segments | Simponi
Segment Reporting Information [Line Items]
Sales	214	233	422	464
Total Pharmaceutical segment sales | Operating Segments | Remicade
Segment Reporting Information [Line Items]
Sales	98	157	221	324
Total Pharmaceutical segment sales | Operating Segments | Belsomra
Segment Reporting Information [Line Items]
Sales	76	71	143	125
Total Pharmaceutical segment sales | Operating Segments | Isentress/Isentress HD
Segment Reporting Information [Line Items]
Sales	247	305	502	586
Total Pharmaceutical segment sales | Operating Segments | Zepatier
Segment Reporting Information [Line Items]
Sales	108	113	221	243
Total Pharmaceutical segment sales | Operating Segments | Zetia
Segment Reporting Information [Line Items]
Sales	156	226	296	531
Total Pharmaceutical segment sales | Operating Segments | Vytorin
Segment Reporting Information [Line Items]
Sales	76	155	174	322
Total Pharmaceutical segment sales | Operating Segments | Atozet
Segment Reporting Information [Line Items]
Sales	92	101	186	174
Total Pharmaceutical segment sales | Operating Segments | Adempas
Segment Reporting Information [Line Items]
Sales	104	75	194	143
Total Pharmaceutical segment sales | Operating Segments | Januvia
Segment Reporting Information [Line Items]
Sales	908	949	1,732	1,829
Total Pharmaceutical segment sales | Operating Segments | Janumet
Segment Reporting Information [Line Items]
Sales	533	585	1,063	1,129
Total Pharmaceutical segment sales | Operating Segments | NuvaRing
Segment Reporting Information [Line Items]
Sales	240	236	459	452
Total Pharmaceutical segment sales | Operating Segments | Implanon/Nexplanon
Segment Reporting Information [Line Items]
Sales	183	174	382	348
Total Pharmaceutical segment sales | Operating Segments | Singulair
Segment Reporting Information [Line Items]
Sales	160	185	352	360
Total Pharmaceutical segment sales | Operating Segments | Cozaar/Hyzaar
Segment Reporting Information [Line Items]
Sales	109	125	213	245
Total Pharmaceutical segment sales | Operating Segments | Nasonex
Segment Reporting Information [Line Items]
Sales	72	81	168	203
Total Pharmaceutical segment sales | Operating Segments | Arcoxia
Segment Reporting Information [Line Items]
Sales	75	84	149	166
Total Pharmaceutical segment sales | Operating Segments | Follistim AQ
Segment Reporting Information [Line Items]
Sales	63	70	121	138
Total Pharmaceutical segment sales | Operating Segments | Other Pharmaceutical
Segment Reporting Information [Line Items]
Sales	1,268	1,189	2,406	2,378
Total Pharmaceutical segment sales | United States | Operating Segments
Segment Reporting Information [Line Items]
Sales	4,758	3,841	8,933	7,557
Total Pharmaceutical segment sales | United States | Operating Segments | Keytruda
Segment Reporting Information [Line Items]
Sales	1,498	959	2,782	1,797
Total Pharmaceutical segment sales | United States | Operating Segments | Emend
Segment Reporting Information [Line Items]
Sales	67	89	130	168
Total Pharmaceutical segment sales | United States | Operating Segments | Alliance revenue - Lynparza
Segment Reporting Information [Line Items]
Sales	66	31	116	55
Total Pharmaceutical segment sales | United States | Operating Segments | Alliance revenue - Lenvima
Segment Reporting Information [Line Items]
Sales	54	19	104	19
Total Pharmaceutical segment sales | United States | Operating Segments | Gardasil/Gardasil 9
Segment Reporting Information [Line Items]
Sales	456	302	818	682
Total Pharmaceutical segment sales | United States | Operating Segments | ProQuad/M-M-R II/Varivax
Segment Reporting Information [Line Items]
Sales	500	356	843	668
Total Pharmaceutical segment sales | United States | Operating Segments | RotaTeq
Segment Reporting Information [Line Items]
Sales	104	99	258	250
Total Pharmaceutical segment sales | United States | Operating Segments | Pneumovax 23
Segment Reporting Information [Line Items]
Sales	123	122	248	234
Total Pharmaceutical segment sales | United States | Operating Segments | Vaqta
Segment Reporting Information [Line Items]
Sales	38	42	67	60
Total Pharmaceutical segment sales | United States | Operating Segments | Bridion
Segment Reporting Information [Line Items]
Sales	129	95	248	175
Total Pharmaceutical segment sales | United States | Operating Segments | Noxafil
Segment Reporting Information [Line Items]
Sales	100	87	191	168
Total Pharmaceutical segment sales | United States | Operating Segments | Cubicin
Segment Reporting Information [Line Items]
Sales	22	48	64	95
Total Pharmaceutical segment sales | United States | Operating Segments | Invanz
Segment Reporting Information [Line Items]
Sales	18	87	31	177
Total Pharmaceutical segment sales | United States | Operating Segments | Primaxin
Segment Reporting Information [Line Items]
Sales	0	0	1	5
Total Pharmaceutical segment sales | United States | Operating Segments | Cancidas
Segment Reporting Information [Line Items]
Sales	3	4	4	7
Total Pharmaceutical segment sales | United States | Operating Segments | Simponi
Segment Reporting Information [Line Items]
Sales	0	0	0	0
Total Pharmaceutical segment sales | United States | Operating Segments | Remicade
Segment Reporting Information [Line Items]
Sales	0	0	0	0
Total Pharmaceutical segment sales | United States | Operating Segments | Belsomra
Segment Reporting Information [Line Items]
Sales	21	29	45	52
Total Pharmaceutical segment sales | United States | Operating Segments | Isentress/Isentress HD
Segment Reporting Information [Line Items]
Sales	94	132	202	260
Total Pharmaceutical segment sales | United States | Operating Segments | Zepatier
Segment Reporting Information [Line Items]
Sales	39	(10)	72	(10)
Total Pharmaceutical segment sales | United States | Operating Segments | Zetia
Segment Reporting Information [Line Items]
Sales	6	8	6	25
Total Pharmaceutical segment sales | United States | Operating Segments | Vytorin
Segment Reporting Information [Line Items]
Sales	3	3	6	11
Total Pharmaceutical segment sales | United States | Operating Segments | Atozet
Segment Reporting Information [Line Items]
Sales	0	0	0	0
Total Pharmaceutical segment sales | United States | Operating Segments | Adempas
Segment Reporting Information [Line Items]
Sales	0	0	0	0
Total Pharmaceutical segment sales | United States | Operating Segments | Januvia
Segment Reporting Information [Line Items]
Sales	471	503	855	968
Total Pharmaceutical segment sales | United States | Operating Segments | Janumet
Segment Reporting Information [Line Items]
Sales	166	209	333	401
Total Pharmaceutical segment sales | United States | Operating Segments | NuvaRing
Segment Reporting Information [Line Items]
Sales	206	187	391	357
Total Pharmaceutical segment sales | United States | Operating Segments | Implanon/Nexplanon
Segment Reporting Information [Line Items]
Sales	136	114	285	242
Total Pharmaceutical segment sales | United States | Operating Segments | Singulair
Segment Reporting Information [Line Items]
Sales	8	5	13	11
Total Pharmaceutical segment sales | United States | Operating Segments | Cozaar/Hyzaar
Segment Reporting Information [Line Items]
Sales	6	7	10	14
Total Pharmaceutical segment sales | United States | Operating Segments | Nasonex
Segment Reporting Information [Line Items]
Sales	(1)	0	(2)	2
Total Pharmaceutical segment sales | United States | Operating Segments | Arcoxia
Segment Reporting Information [Line Items]
Sales	0	0	0	0
Total Pharmaceutical segment sales | United States | Operating Segments | Follistim AQ
Segment Reporting Information [Line Items]
Sales	24	27	53	56
Total Pharmaceutical segment sales | United States | Operating Segments | Other Pharmaceutical
Segment Reporting Information [Line Items]
Sales	401	287	759	608
Total Pharmaceutical segment sales | International | Operating Segments
Segment Reporting Information [Line Items]
Sales	5,702	5,442	11,190	10,644
Total Pharmaceutical segment sales | International | Operating Segments | Keytruda
Segment Reporting Information [Line Items]
Sales	1,136	707	2,121	1,333
Total Pharmaceutical segment sales | International | Operating Segments | Emend
Segment Reporting Information [Line Items]
Sales	54	59	107	105
Total Pharmaceutical segment sales | International | Operating Segments | Alliance revenue - Lynparza
Segment Reporting Information [Line Items]
Sales	45	13	74	22
Total Pharmaceutical segment sales | International | Operating Segments | Alliance revenue - Lenvima
Segment Reporting Information [Line Items]
Sales	43	16	67	16
Total Pharmaceutical segment sales | International | Operating Segments | Gardasil/Gardasil 9
Segment Reporting Information [Line Items]
Sales	430	306	906	586
Total Pharmaceutical segment sales | International | Operating Segments | ProQuad/M-M-R II/Varivax
Segment Reporting Information [Line Items]
Sales	174	70	328	150
Total Pharmaceutical segment sales | International | Operating Segments | RotaTeq
Segment Reporting Information [Line Items]
Sales	68	57	125	99
Total Pharmaceutical segment sales | International | Operating Segments | Pneumovax 23
Segment Reporting Information [Line Items]
Sales	47	71	107	137
Total Pharmaceutical segment sales | International | Operating Segments | Vaqta
Segment Reporting Information [Line Items]
Sales	20	23	39	42
Total Pharmaceutical segment sales | International | Operating Segments | Bridion
Segment Reporting Information [Line Items]
Sales	149	145	285	269
Total Pharmaceutical segment sales | International | Operating Segments | Noxafil
Segment Reporting Information [Line Items]
Sales	93	100	192	195
Total Pharmaceutical segment sales | International | Operating Segments | Cubicin
Segment Reporting Information [Line Items]
Sales	45	46	91	97
Total Pharmaceutical segment sales | International | Operating Segments | Invanz
Segment Reporting Information [Line Items]
Sales	60	63	118	123
Total Pharmaceutical segment sales | International | Operating Segments | Primaxin
Segment Reporting Information [Line Items]
Sales	70	68	129	135
Total Pharmaceutical segment sales | International | Operating Segments | Cancidas
Segment Reporting Information [Line Items]
Sales	64	83	125	171
Total Pharmaceutical segment sales | International | Operating Segments | Simponi
Segment Reporting Information [Line Items]
Sales	214	233	422	464
Total Pharmaceutical segment sales | International | Operating Segments | Remicade
Segment Reporting Information [Line Items]
Sales	98	157	221	324
Total Pharmaceutical segment sales | International | Operating Segments | Belsomra
Segment Reporting Information [Line Items]
Sales	55	42	98	73
Total Pharmaceutical segment sales | International | Operating Segments | Isentress/Isentress HD
Segment Reporting Information [Line Items]
Sales	153	174	300	326
Total Pharmaceutical segment sales | International | Operating Segments | Zepatier
Segment Reporting Information [Line Items]
Sales	68	123	149	253
Total Pharmaceutical segment sales | International | Operating Segments | Zetia
Segment Reporting Information [Line Items]
Sales	150	218	290	505
Total Pharmaceutical segment sales | International | Operating Segments | Vytorin
Segment Reporting Information [Line Items]
Sales	73	152	167	311
Total Pharmaceutical segment sales | International | Operating Segments | Atozet
Segment Reporting Information [Line Items]
Sales	92	101	186	174
Total Pharmaceutical segment sales | International | Operating Segments | Adempas
Segment Reporting Information [Line Items]
Sales	104	75	194	143
Total Pharmaceutical segment sales | International | Operating Segments | Januvia
Segment Reporting Information [Line Items]
Sales	437	446	877	862
Total Pharmaceutical segment sales | International | Operating Segments | Janumet
Segment Reporting Information [Line Items]
Sales	366	377	730	729
Total Pharmaceutical segment sales | International | Operating Segments | NuvaRing
Segment Reporting Information [Line Items]
Sales	34	49	68	95
Total Pharmaceutical segment sales | International | Operating Segments | Implanon/Nexplanon
Segment Reporting Information [Line Items]
Sales	48	60	98	106
Total Pharmaceutical segment sales | International | Operating Segments | Singulair
Segment Reporting Information [Line Items]
Sales	153	180	338	350
Total Pharmaceutical segment sales | International | Operating Segments | Cozaar/Hyzaar
Segment Reporting Information [Line Items]
Sales	103	118	202	231
Total Pharmaceutical segment sales | International | Operating Segments | Nasonex
Segment Reporting Information [Line Items]
Sales	73	81	170	201
Total Pharmaceutical segment sales | International | Operating Segments | Arcoxia
Segment Reporting Information [Line Items]
Sales	75	84	149	166
Total Pharmaceutical segment sales | International | Operating Segments | Follistim AQ
Segment Reporting Information [Line Items]
Sales	39	43	67	81
Total Pharmaceutical segment sales | International | Operating Segments | Other Pharmaceutical
Segment Reporting Information [Line Items]
Sales	869	902	1,650	1,770
Total Animal Health segment sales | Operating Segments
Segment Reporting Information [Line Items]
Sales	1,124	1,090	2,149	2,155
Total Animal Health segment sales | Operating Segments | Livestock
Segment Reporting Information [Line Items]
Sales	671	633	1,282	1,286
Total Animal Health segment sales | Operating Segments | Companion Animals
Segment Reporting Information [Line Items]
Sales	453	457	867	869
Total Animal Health segment sales | United States | Operating Segments
Segment Reporting Information [Line Items]
Sales	335	311	628	618
Total Animal Health segment sales | United States | Operating Segments | Livestock
Segment Reporting Information [Line Items]
Sales	145	107	261	231
Total Animal Health segment sales | United States | Operating Segments | Companion Animals
Segment Reporting Information [Line Items]
Sales	190	204	367	387
Total Animal Health segment sales | International | Operating Segments
Segment Reporting Information [Line Items]
Sales	789	779	1,521	1,537
Total Animal Health segment sales | International | Operating Segments | Livestock
Segment Reporting Information [Line Items]
Sales	526	526	1,021	1,055
Total Animal Health segment sales | International | Operating Segments | Companion Animals
Segment Reporting Information [Line Items]
Sales	263	253	500	482
Other segment sales | Operating Segments
Segment Reporting Information [Line Items]
Sales	48	56	87	140
Other segment sales | United States | Operating Segments
Segment Reporting Information [Line Items]
Sales	47	56	86	140
Other segment sales | International | Operating Segments
Segment Reporting Information [Line Items]
Sales	$ 0	$ 0	$ 0	$ 0

Segment Reporting - Consolidate

Segment Reporting - Consolidated Revenues by Geographic Area (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Revenue from External Customer [Line Items]
Sales	$ 11,760	$ 10,465	$ 22,575	$ 20,502
United States
Revenue from External Customer [Line Items]
Sales	5,144	4,262	9,659	8,395
Europe, Middle East and Africa
Revenue from External Customer [Line Items]
Sales	3,163	3,144	6,265	6,334
Japan
Revenue from External Customer [Line Items]
Sales	921	855	1,720	1,592
China
Revenue from External Customer [Line Items]
Sales	763	559	1,509	1,045
Asia Pacific (other than Japan and China)
Revenue from External Customer [Line Items]
Sales	716	791	1,461	1,543
Latin America
Revenue from External Customer [Line Items]
Sales	658	594	1,219	1,126
Other
Revenue from External Customer [Line Items]
Sales	$ 395	$ 260	$ 742	$ 467

Segment Reporting - Reconciliat

Segment Reporting - Reconciliation of Segment Profits to Income Before Taxes (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Segment Reporting Information [Line Items]
Profits	$ 3,259	$ 2,086	$ 6,326	$ 3,432
Interest income	75	81	164	165
Interest expense	(233)	(194)	(442)	(379)
Depreciation and amortization			(1,871)	(2,427)
Research and development	(2,189)	(2,274)	(4,119)	(5,470)
Restructuring costs	(59)	(228)	(212)	(323)
Total segment profits
Segment Reporting Information [Line Items]
Profits	7,518	6,451	14,510	12,866
Total segment profits | Pharmaceutical segment
Segment Reporting Information [Line Items]
Profits	7,115	5,975	13,690	11,914
Total segment profits | Animal Health segment
Segment Reporting Information [Line Items]
Profits	405	450	820	864
Total segment profits | Other segments
Segment Reporting Information [Line Items]
Profits	(2)	26	0	88
Other profits (losses)
Segment Reporting Information [Line Items]
Profits	94	(2)	124	(89)
Unallocated
Segment Reporting Information [Line Items]
Interest income	75	81	164	165
Interest expense	(233)	(194)	(442)	(379)
Depreciation and amortization	(427)	(332)	(786)	(682)
Research and development	(2,093)	(2,190)	(3,935)	(5,307)
Amortization of purchase accounting adjustments	(378)	(732)	(775)	(1,464)
Restructuring costs	(59)	(228)	(212)	(323)
Other unallocated, net	$ (1,238)	$ (768)	$ (2,322)	$ (1,355)