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Revenues | 6 Months Ended
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Jun. 30, 2020
Revenue from Contract with Customer [Abstract] |
Revenues | REVENUES Disaggregation of Revenues The following table disaggregates our product sales by product and geographic region and disaggregates our royalty, contract and other revenues by geographic region (in millions):
|  | Three Months Ended June 30, 2020 |  |  |  |  |  |  |  | Three Months Ended June 30, 2019 |  |  |  |  |  |
|  | U.S. |  | Europe |  | Other Locations |  | Total |  | U.S. |  | Europe |  | Other Locations |  | Total
Product sales: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Atripla |  | $ | 95 |  |  | $ | 5 |  |  | $ | 3 |  |  | $ | 103 |  |  | $ | 122 |  |  | $ | 26 |  |  | $ | 4 |  |  | $ | 152 |
Biktarvy |  | 1,350 |  |  | 153 |  |  | 101 |  |  | 1,604 |  |  | 1,023 |  |  | 73 |  |  | 20 |  |  | 1,116 |
Complera/Eviplera |  | 27 |  |  | 42 |  |  | 3 |  |  | 72 |  |  | 42 |  |  | 72 |  |  | 9 |  |  | 123 |
Descovy |  | 337 |  |  | 46 |  |  | 34 |  |  | 417 |  |  | 246 |  |  | 69 |  |  | 43 |  |  | 358 |
Genvoya |  | 646 |  |  | 109 |  |  | 61 |  |  | 816 |  |  | 733 |  |  | 177 |  |  | 70 |  |  | 980 |
Odefsey |  | 273 |  |  | 98 |  |  | 11 |  |  | 382 |  |  | 266 |  |  | 111 |  |  | 10 |  |  | 387 |
Stribild |  | 39 |  |  | 12 |  |  | 8 |  |  | 59 |  |  | 78 |  |  | 24 |  |  | 6 |  |  | 108 |
Truvada |  | 370 |  |  | 6 |  |  | 11 |  |  | 387 |  |  | 657 |  |  | 41 |  |  | 20 |  |  | 718 |
Other HIV(1) |  | 11 |  |  | 1 |  |  | 16 |  |  | 28 |  |  | 9 |  |  | 1 |  |  | 5 |  |  | 15 |
Revenue share – Symtuza(2) |  | 90 |  |  | 40 |  |  | 2 |  |  | 132 |  |  | 55 |  |  | 29 |  |  | — |  |  | 84 |
AmBisome |  | 10 |  |  | 49 |  |  | 36 |  |  | 95 |  |  | 10 |  |  | 60 |  |  | 35 |  |  | 105 |
Ledipasvir/Sofosbuvir(3) |  | 24 |  |  | 4 |  |  | 39 |  |  | 67 |  |  | 86 |  |  | 22 |  |  | 85 |  |  | 193 |
Letairis |  | 80 |  |  | — |  |  | — |  |  | 80 |  |  | 204 |  |  | — |  |  | — |  |  | 204 |
Ranexa |  | 1 |  |  | — |  |  | — |  |  | 1 |  |  | 19 |  |  | — |  |  | — |  |  | 19 |
Sofosbuvir/Velpatasvir(4) |  | 165 |  |  | 57 |  |  | 113 |  |  | 335 |  |  | 219 |  |  | 156 |  |  | 118 |  |  | 493 |
Vemlidy |  | 76 |  |  | 7 |  |  | 68 |  |  | 151 |  |  | 71 |  |  | 5 |  |  | 40 |  |  | 116 |
Viread |  | 3 |  |  | 8 |  |  | 54 |  |  | 65 |  |  | 9 |  |  | 28 |  |  | 38 |  |  | 75 |
Vosevi |  | 27 |  |  | 6 |  |  | 6 |  |  | 39 |  |  | 53 |  |  | 15 |  |  | 7 |  |  | 75 |
Yescarta |  | 95 |  |  | 56 |  |  | 5 |  |  | 156 |  |  | 99 |  |  | 21 |  |  | — |  |  | 120 |
Zydelig |  | 8 |  |  | 9 |  |  | 1 |  |  | 18 |  |  | 12 |  |  | 14 |  |  | — |  |  | 26 |
Other(5) |  | 43 |  |  | 16 |  |  | 1 |  |  | 60 |  |  | 41 |  |  | 97 |  |  | 2 |  |  | 140 |
Total product sales |  | 3,770 |  |  | 724 |  |  | 573 |  |  | 5,067 |  |  | 4,054 |  |  | 1,041 |  |  | 512 |  |  | 5,607 |
Royalty, contract and other revenues |  | 14 |  |  | 62 |  |  | — |  |  | 76 |  |  | 19 |  |  | 58 |  |  | 1 |  |  | 78 |
Total revenues |  | $ | 3,784 |  |  | $ | 786 |  |  | $ | 573 |  |  | $ | 5,143 |  |  | $ | 4,073 |  |  | $ | 1,099 |  |  | $ | 513 |  |  | $ | 5,685 |
|  | Six Months Ended June 30, 2020 |  |  |  |  |  |  |  | Six Months Ended June 30, 2019 |  |  |  |  |  |
|  | U.S. |  | Europe |  | Other Locations |  | Total |  | U.S. |  | Europe |  | Other Locations |  | Total
Product sales: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Atripla |  | $ | 176 |  |  | $ | 12 |  |  | $ | 10 |  |  | $ | 198 |  |  | $ | 255 |  |  | $ | 42 |  |  | $ | 26 |  |  | $ | 323 |
Biktarvy |  | 2,762 |  |  | 334 |  |  | 201 |  |  | 3,297 |  |  | 1,762 |  |  | 121 |  |  | 26 |  |  | 1,909 |
Complera/Eviplera |  | 51 |  |  | 89 |  |  | 8 |  |  | 148 |  |  | 86 |  |  | 134 |  |  | 18 |  |  | 238 |
Descovy |  | 700 |  |  | 107 |  |  | 68 |  |  | 875 |  |  | 479 |  |  | 137 |  |  | 84 |  |  | 700 |
Genvoya |  | 1,258 |  |  | 260 |  |  | 122 |  |  | 1,640 |  |  | 1,461 |  |  | 370 |  |  | 164 |  |  | 1,995 |
Odefsey |  | 542 |  |  | 225 |  |  | 24 |  |  | 791 |  |  | 548 |  |  | 217 |  |  | 19 |  |  | 784 |
Stribild |  | 73 |  |  | 29 |  |  | 10 |  |  | 112 |  |  | 145 |  |  | 42 |  |  | 17 |  |  | 204 |
Truvada |  | 753 |  |  | 14 |  |  | 26 |  |  | 793 |  |  | 1,208 |  |  | 74 |  |  | 42 |  |  | 1,324 |
Other HIV(1) |  | 14 |  |  | 3 |  |  | 19 |  |  | 36 |  |  | 20 |  |  | 2 |  |  | 10 |  |  | 32 |
Revenue share – Symtuza(2) |  | 162 |  |  | 78 |  |  | 4 |  |  | 244 |  |  | 97 |  |  | 53 |  |  | — |  |  | 150 |
AmBisome |  | 28 |  |  | 108 |  |  | 78 |  |  | 214 |  |  | 18 |  |  | 117 |  |  | 63 |  |  | 198 |
Ledipasvir/Sofosbuvir(3) |  | 77 |  |  | 15 |  |  | 87 |  |  | 179 |  |  | 203 |  |  | 49 |  |  | 166 |  |  | 418 |
Letairis |  | 163 |  |  | — |  |  | — |  |  | 163 |  |  | 401 |  |  | — |  |  | — |  |  | 401 |
Ranexa |  | 9 |  |  | — |  |  | — |  |  | 9 |  |  | 174 |  |  | — |  |  | — |  |  | 174 |
Sofosbuvir/Velpatasvir(4) |  | 476 |  |  | 179 |  |  | 244 |  |  | 899 |  |  | 449 |  |  | 310 |  |  | 225 |  |  | 984 |
Vemlidy |  | 149 |  |  | 14 |  |  | 124 |  |  | 287 |  |  | 136 |  |  | 9 |  |  | 72 |  |  | 217 |
Viread |  | 7 |  |  | 19 |  |  | 79 |  |  | 105 |  |  | 21 |  |  | 42 |  |  | 84 |  |  | 147 |
Vosevi |  | 60 |  |  | 17 |  |  | 10 |  |  | 87 |  |  | 98 |  |  | 31 |  |  | 9 |  |  | 138 |
Yescarta |  | 198 |  |  | 93 |  |  | 5 |  |  | 296 |  |  | 189 |  |  | 27 |  |  | — |  |  | 216 |
Zydelig |  | 16 |  |  | 21 |  |  | 1 |  |  | 38 |  |  | 23 |  |  | 29 |  |  | 1 |  |  | 53 |
Other(5) |  | 85 |  |  | 34 |  |  | 4 |  |  | 123 |  |  | 77 |  |  | 117 |  |  | 8 |  |  | 202 |
Total product sales |  | 7,759 |  |  | 1,651 |  |  | 1,124 |  |  | 10,534 |  |  | 7,850 |  |  | 1,923 |  |  | 1,034 |  |  | 10,807 |
Royalty, contract and other revenues |  | 31 |  |  | 110 |  |  | 16 |  |  | 157 |  |  | 41 |  |  | 114 |  |  | 4 |  |  | 159 |
Total revenues |  | $ | 7,790 |  |  | $ | 1,761 |  |  | $ | 1,140 |  |  | $ | 10,691 |  |  | $ | 7,891 |  |  | $ | 2,037 |  |  | $ | 1,038 |  |  | $ | 10,966 |
____________________ |
(1) | Includes Emtriva and Tybost.
(2) | Represents our revenue from cobicistat (C), emtricitabine (FTC) and tenofovir alafenamide (TAF) in Symtuza (darunavir/C/FTC/TAF), a fixed dose combination product commercialized by Janssen Sciences Ireland UC.
(3) | Amounts consist of sales of Harvoni and the authorized generic version of Harvoni sold by our separate subsidiary, Asegua Therapeutics LLC.
(4) | Amounts consist of sales of Epclusa and the authorized generic version of Epclusa sold by our separate subsidiary, Asegua Therapeutics LLC.
(5) | Includes Cayston, Hepsera and Sovaldi.
Revenues from Major Customers The following table summarizes revenues from each of our customers who individually accounted for 10% or more of our total revenues (as a percentage of total revenues):
|  | Three Months Ended |  |  |  | Six Months Ended |  |
|  | June 30, |  |  |  | June 30, |  |
|  | 2020 |  | 2019 |  | 2020 |  | 2019
AmerisourceBergen Corp. |  | 21 | % |  | 20 | % |  | 21 | % |  | 20 | %
Cardinal Health, Inc. |  | 23 | % |  | 21 | % |  | 23 | % |  | 21 | %
McKesson Corp. |  | 23 | % |  | 20 | % |  | 22 | % |  | 20 | %
Revenues Recognized from Performance Obligations Satisfied in Prior Periods Revenues recognized from performance obligations satisfied in prior years related to royalties for licenses of our intellectual property were $224 million and $412 million for the three and six months ended June 30, 2020, respectively, and $171 million and $326 million for the three and six months ended June 30, 2019, respectively. Changes in estimates for variable consideration related to sales made in prior years resulted in a $43 million and $81 million increase in revenues for the three and six months ended June 30, 2020, respectively, and a $193 million and $300 million increase in revenues for the three and six months ended June 30, 2019, respectively. Contract Balances Our contract assets, which consist of unbilled amounts primarily from arrangements where the licensing of intellectual property is the only or predominant performance obligation, totaled $153 million and $144 million as of June 30, 2020 and December 31, 2019, respectively. Contract liabilities were not material as of June 30, 2020 and December 31, 2019.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 + Details
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