ABB (ABBNY) PensionAndRetirementBenefit : $668 Mil (As of Mar. 2024)

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What is ABB PensionAndRetirementBenefit?

ABB's PensionAndRetirementBenefit for the quarter that ended in Mar. 2024 was $668 Mil.

ABB's quarterly PensionAndRetirementBenefit increased from Sep. 2023 ($642 Mil) to Dec. 2023 ($686 Mil) but then declined from Dec. 2023 ($686 Mil) to Mar. 2024 ($668 Mil).

ABB's annual PensionAndRetirementBenefit declined from Dec. 2021 ($1,084 Mil) to Dec. 2022 ($719 Mil) and declined from Dec. 2022 ($719 Mil) to Dec. 2023 ($686 Mil).

ABB PensionAndRetirementBenefit Historical Data

The historical data trend for ABB's PensionAndRetirementBenefit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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ABB PensionAndRetirementBenefit Chart

ABB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PensionAndRetirementBenefit

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1,865.00

1,301.00

1,084.00

719.00

686.00

ABB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PensionAndRetirementBenefit	Get a 7-Day Free Trial															716.00	721.00	642.00	686.00	668.00

ABB PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.

ABB (ABBNY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ABB Ltd (OTCPK:ABBNY) » Definitions » PensionAndRetirementBenefit

Comparable Companies

Traded in Other Exchanges

ABLZF:USA ABB:Sweden ABBNz:UK 0NX2:UK ABJA:Germany ABBNE:Switzerland ABBN:Switzerland

Address

Affolternstrasse 44, Zurich, CHE, 8050

Website

https://www.abb.com

ABB is a supplier of electrical equipment and automation products. Founded in the late 19th century, the company was created out of the merger of two old industrial companies: ASEA and BBC. Its products include electrical equipment, industrial robots, and equipment used for industrial automation that are sold via approximately 20 business divisions. ABB is the number one or two supplier in two thirds of its product segments.