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Viatris (XTER:VIA) PensionAndRetirementBenefit : €455 Mil (As of Mar. 2024)


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What is Viatris PensionAndRetirementBenefit?

Viatris's PensionAndRetirementBenefit for the quarter that ended in Mar. 2024 was €455 Mil.

Viatris's quarterly PensionAndRetirementBenefit declined from Sep. 2023 (€488 Mil) to Dec. 2023 (€462 Mil) and declined from Dec. 2023 (€462 Mil) to Mar. 2024 (€455 Mil).

Viatris's annual PensionAndRetirementBenefit declined from Dec. 2021 (€776 Mil) to Dec. 2022 (€514 Mil) and declined from Dec. 2022 (€514 Mil) to Dec. 2023 (€462 Mil).

Viatris PensionAndRetirementBenefit Historical Data

The historical data trend for Viatris'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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Viatris PensionAndRetirementBenefit Chart

Viatris Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PensionAndRetirementBenefit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 368.01 838.77 775.61 514.10 462.44

Viatris 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 506.32 489.65 487.71 462.44 455.49

Viatris 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.

Viatris (XTER:VIA) Business Description

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Address
1000 Mylan Boulevard, Canonsburg, PA, USA, 15317
Website
https://www.viatris.com
Viatris was formed in November 2020 through the combination of Upjohn, a wholly owned subsidiary of Pfizer that specialized in off-patent drugs, and Mylan, a global pharmaceutical manufacturer that focused on generic and specialty drugs. By joining forces, Viatris became one of the largest generic drug manufacturers in the world, servicing over 165 countries. Generics (commoditized and complex) and biosimilars make up roughly 40% of Viatris' total sales. Remaining 60% of sales is derived from its portfolio of legacy products which includes Lipitor, Norvasc, Lyrica, and Viagra. While it covers more than 10 major therapeutic areas, Viatris has identified dermatology, ophthalmology, and gastroenterology as its three key areas of focus for future innovations.