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REVENUES (Tables) | 9 Months Ended
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Sep. 30, 2022
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenues | The following table summarizes our Total revenues:
|  | Three Months Ended September 30, 2022 |  | Three Months Ended September 30, 2021
(in millions) |  | U.S. |  | Europe |  | Other International |  | Total |  | U.S. |  | Europe |  | Other International |  | Total
Product sales: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
HIV |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Biktarvy |  | $ | 2,286 |  |  | $ | 278 |  |  | $ | 201 |  |  | $ | 2,766 |  |  | $ | 1,875 |  |  | $ | 254 |  |  | $ | 147 |  |  | $ | 2,276 |
Complera/Eviplera |  | 20 |  |  | 21 |  |  | 3 |  |  | 43 |  |  | 28 |  |  | 31 |  |  | 5 |  |  | 64 |
Descovy |  | 444 |  |  | 28 |  |  | 28 |  |  | 500 |  |  | 355 |  |  | 42 |  |  | 36 |  |  | 433 |
Genvoya |  | 502 |  |  | 71 |  |  | 27 |  |  | 600 |  |  | 576 |  |  | 100 |  |  | 68 |  |  | 744 |
Odefsey |  | 276 |  |  | 86 |  |  | 12 |  |  | 374 |  |  | 275 |  |  | 112 |  |  | 12 |  |  | 399 |
Stribild |  | 22 |  |  | 7 |  |  | 3 |  |  | 32 |  |  | 28 |  |  | 11 |  |  | 3 |  |  | 42 |
Truvada |  | 24 |  |  | 3 |  |  | 2 |  |  | 30 |  |  | 55 |  |  | 5 |  |  | 7 |  |  | 67 |
Revenue share - Symtuza(1) |  | 85 |  |  | 40 |  |  | 4 |  |  | 130 |  |  | 86 |  |  | 41 |  |  | 3 |  |  | 130 |
Other HIV(2) |  | 1 |  |  | 6 |  |  | 5 |  |  | 12 |  |  | 24 |  |  | 6 |  |  | 4 |  |  | 34 |
Total HIV |  | 3,661 |  |  | 541 |  |  | 285 |  |  | 4,487 |  |  | 3,302 |  |  | 602 |  |  | 285 |  |  | 4,189 |
Veklury |  | 336 |  |  | 130 |  |  | 458 |  |  | 925 |  |  | 1,527 |  |  | 109 |  |  | 287 |  |  | 1,923 |
Hepatitis C virus (“HCV”) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ledipasvir/Sofosbuvir(3) |  | 8 |  |  | 5 |  |  | 12 |  |  | 25 |  |  | 14 |  |  | 5 |  |  | 26 |  |  | 45 |
Sofosbuvir/Velpatasvir(4) |  | 241 |  |  | 131 |  |  | 84 |  |  | 455 |  |  | 173 |  |  | 77 |  |  | 82 |  |  | 332 |
Other HCV(5) |  | 34 |  |  | 7 |  |  | 2 |  |  | 44 |  |  | 37 |  |  | 12 |  |  | 3 |  |  | 52 |
Total HCV |  | 283 |  |  | 143 |  |  | 98 |  |  | 524 |  |  | 224 |  |  | 94 |  |  | 111 |  |  | 429 |
Hepatitis B virus (“HBV”) / Hepatitis delta virus (“HDV”)
Vemlidy |  | 129 |  |  | 9 |  |  | 90 |  |  | 228 |  |  | 103 |  |  | 9 |  |  | 96 |  |  | 208 |
Viread |  | 2 |  |  | 5 |  |  | 15 |  |  | 22 |  |  | 1 |  |  | 7 |  |  | 18 |  |  | 26 |
Other HBV/HDV(6) |  | — |  |  | 13 |  |  | — |  |  | 14 |  |  | — |  |  | 13 |  |  | — |  |  | 13 |
Total HBV/HDV |  | 131 |  |  | 28 |  |  | 106 |  |  | 264 |  |  | 104 |  |  | 29 |  |  | 114 |  |  | 247 |
Cell therapy |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Tecartus |  | 60 |  |  | 20 |  |  | 1 |  |  | 81 |  |  | 35 |  |  | 12 |  |  | — |  |  | 47 |
Yescarta |  | 210 |  |  | 91 |  |  | 16 |  |  | 317 |  |  | 100 |  |  | 66 |  |  | 9 |  |  | 175 |
Total cell therapy |  | 270 |  |  | 111 |  |  | 17 |  |  | 398 |  |  | 135 |  |  | 78 |  |  | 9 |  |  | 222 |
Trodelvy |  | 139 |  |  | 38 |  |  | 3 |  |  | 180 |  |  | 100 |  |  | 1 |  |  | — |  |  | 101 |
Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
AmBisome |  | 9 |  |  | 63 |  |  | 33 |  |  | 105 |  |  | 7 |  |  | 67 |  |  | 69 |  |  | 143 |
Letairis |  | 43 |  |  | — |  |  | — |  |  | 43 |  |  | 46 |  |  | — |  |  | — |  |  | 46 |
Other(7) |  | 28 |  |  | 11 |  |  | 13 |  |  | 52 |  |  | 34 |  |  | 17 |  |  | 5 |  |  | 56 |
Total other |  | 80 |  |  | 75 |  |  | 46 |  |  | 200 |  |  | 87 |  |  | 84 |  |  | 74 |  |  | 245 |
Total product sales |  | 4,900 |  |  | 1,064 |  |  | 1,013 |  |  | 6,978 |  |  | 5,479 |  |  | 997 |  |  | 880 |  |  | 7,356 |
Royalty, contract and other revenues |  | 28 |  |  | 37 |  |  | — |  |  | 64 |  |  | 30 |  |  | 34 |  |  | 1 |  |  | 65 |
Total revenues |  | $ | 4,928 |  |  | $ | 1,101 |  |  | $ | 1,013 |  |  | $ | 7,042 |  |  | $ | 5,509 |  |  | $ | 1,031 |  |  | $ | 881 |  |  | $ | 7,421 |
|  | Nine Months Ended September 30, 2022 |  | Nine Months Ended September 30, 2021
(in millions) |  | U.S. |  | Europe |  | Other International |  | Total |  | U.S. |  | Europe |  | Other International |  | Total
Product sales: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
HIV |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Biktarvy |  | $ | 6,088 |  |  | $ | 807 |  |  | $ | 577 |  |  | $ | 7,472 |  |  | $ | 4,926 |  |  | $ | 707 |  |  | $ | 461 |  |  | $ | 6,094 |
Complera/Eviplera |  | 56 |  |  | 76 |  |  | 10 |  |  | 142 |  |  | 73 |  |  | 104 |  |  | 12 |  |  | 189 |
Descovy |  | 1,152 |  |  | 92 |  |  | 91 |  |  | 1,335 |  |  | 994 |  |  | 128 |  |  | 105 |  |  | 1,227 |
Genvoya |  | 1,441 |  |  | 220 |  |  | 103 |  |  | 1,764 |  |  | 1,633 |  |  | 306 |  |  | 184 |  |  | 2,123 |
Odefsey |  | 763 |  |  | 278 |  |  | 36 |  |  | 1,077 |  |  | 773 |  |  | 336 |  |  | 39 |  |  | 1,148 |
Stribild |  | 68 |  |  | 23 |  |  | 7 |  |  | 98 |  |  | 94 |  |  | 33 |  |  | 12 |  |  | 139 |
Truvada |  | 77 |  |  | 12 |  |  | 13 |  |  | 102 |  |  | 268 |  |  | 18 |  |  | 24 |  |  | 310 |
Revenue share - Symtuza(1) |  | 251 |  |  | 126 |  |  | 10 |  |  | 388 |  |  | 261 |  |  | 125 |  |  | 8 |  |  | 394 |
Other HIV(2) |  | 11 |  |  | 20 |  |  | 15 |  |  | 45 |  |  | 110 |  |  | 19 |  |  | 24 |  |  | 153 |
Total HIV |  | 9,906 |  |  | 1,653 |  |  | 863 |  |  | 12,422 |  |  | 9,132 |  |  | 1,776 |  |  | 869 |  |  | 11,777 |
Veklury |  | 1,179 |  |  | 560 |  |  | 1,166 |  |  | 2,905 |  |  | 2,763 |  |  | 761 |  |  | 684 |  |  | 4,208 |
HCV |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ledipasvir/Sofosbuvir(3) |  | 27 |  |  | 13 |  |  | 43 |  |  | 83 |  |  | 63 |  |  | 24 |  |  | 76 |  |  | 163 |
Sofosbuvir/Velpatasvir(4) |  | 629 |  |  | 288 |  |  | 244 |  |  | 1,161 |  |  | 649 |  |  | 234 |  |  | 272 |  |  | 1,155 |
Other HCV(5) |  | 88 |  |  | 31 |  |  | 7 |  |  | 127 |  |  | 97 |  |  | 64 |  |  | 9 |  |  | 170 |
Total HCV |  | 745 |  |  | 332 |  |  | 294 |  |  | 1,371 |  |  | 809 |  |  | 322 |  |  | 357 |  |  | 1,488 |
HBV/HDV
Vemlidy |  | 306 |  |  | 27 |  |  | 289 |  |  | 622 |  |  | 266 |  |  | 25 |  |  | 298 |  |  | 589 |
Viread |  | 4 |  |  | 17 |  |  | 48 |  |  | 69 |  |  | 8 |  |  | 22 |  |  | 55 |  |  | 85 |
Other HBV/HDV(6) |  | 1 |  |  | 41 |  |  | — |  |  | 42 |  |  | 1 |  |  | 29 |  |  | — |  |  | 30 |
Total HBV/HDV |  | 311 |  |  | 85 |  |  | 337 |  |  | 733 |  |  | 275 |  |  | 76 |  |  | 353 |  |  | 704 |
Cell therapy |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Tecartus |  | 160 |  |  | 56 |  |  | 2 |  |  | 217 |  |  | 94 |  |  | 25 |  |  | — |  |  | 119 |
Yescarta |  | 528 |  |  | 253 |  |  | 42 |  |  | 823 |  |  | 300 |  |  | 188 |  |  | 25 |  |  | 513 |
Total cell therapy |  | 688 |  |  | 308 |  |  | 44 |  |  | 1,040 |  |  | 394 |  |  | 213 |  |  | 25 |  |  | 632 |
Trodelvy |  | 379 |  |  | 98 |  |  | 8 |  |  | 485 |  |  | 261 |  |  | 1 |  |  | — |  |  | 262 |
Other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
AmBisome |  | 48 |  |  | 192 |  |  | 140 |  |  | 380 |  |  | 32 |  |  | 202 |  |  | 186 |  |  | 420 |
Letairis |  | 135 |  |  | — |  |  | — |  |  | 135 |  |  | 157 |  |  | — |  |  | — |  |  | 157 |
Other(7) |  | 91 |  |  | 52 |  |  | 35 |  |  | 178 |  |  | 109 |  |  | 68 |  |  | 23 |  |  | 200 |
Total other |  | 275 |  |  | 244 |  |  | 174 |  |  | 693 |  |  | 298 |  |  | 270 |  |  | 209 |  |  | 777 |
Total product sales |  | 13,482 |  |  | 3,281 |  |  | 2,887 |  |  | 19,650 |  |  | 13,932 |  |  | 3,419 |  |  | 2,497 |  |  | 19,848 |
Royalty, contract and other revenues |  | 140 |  |  | 98 |  |  | 4 |  |  | 242 |  |  | 70 |  |  | 140 |  |  | 3 |  |  | 213 |
Total revenues |  | $ | 13,622 |  |  | $ | 3,378 |  |  | $ | 2,891 |  |  | $ | 19,892 |  |  | $ | 14,002 |  |  | $ | 3,559 |  |  | $ | 2,500 |  |  | $ | 20,061 |
_______________________________ (1) 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 Unlimited Company (“Janssen”). (2) Includes Atripla, Emtriva and Tybost. (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 Vosevi and Sovaldi. (6) Includes Hepcludex and Hepsera. (7) Includes Cayston, Jyseleca, Ranexa and Zydelig.
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:
|  | Three Months Ended |  | Nine Months Ended
|  | September 30, |  | September 30,
(as a percentage of total revenues) |  | 2022 |  | 2021 |  | 2022 |  | 2021
AmerisourceBergen Corporation |  | 18 | % |  | 25 | % |  | 17 | % |  | 24 | %
Cardinal Health, Inc. |  | 25 | % |  | 22 | % |  | 25 | % |  | 21 | %
McKesson Corporation |  | 22 | % |  | 21 | % |  | 20 | % |  | 18 | %
Revenues Recognized from Performance Obligations Satisfied in Prior Periods | The following table summarizes revenues recognized from performance obligations satisfied in prior periods:
|  | Three Months Ended |  | Nine Months Ended
|  | September 30, |  | September 30,
(in millions) |  | 2022 |  | 2021 |  | 2022 |  | 2021
Revenue share with Janssen and royalties for licenses of intellectual property |  | $ | 192 |  |  | $ | 190 |  |  | $ | 573 |  |  | $ | 625 |
Changes in estimates |  | $ | 207 |  |  | $ | 188 |  |  | $ | 452 |  |  | $ | 661 |

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