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SUPPLEMENTAL FINANCIAL INFORMATION
3 Months Ended
Mar. 31, 2024
Supplemental Financial Information [Abstract]  
SUPPLEMENTAL FINANCIAL INFORMATION SUPPLEMENTAL FINANCIAL INFORMATION
Dollars in millionsMarch 31,
2024
December 31, 2023
Income taxes$3,205 $3,927 
Research and development796 723 
Contract assets408 416 
Restricted cash(a)
55 
Other1,156 786 
Other current assets$5,567 $5,907 

Dollars in millionsMarch 31,
2024
December 31, 2023
Equity investments (Note 9)$1,859 $1,699 
Operating leases1,436 1,390 
Inventories951 906 
Pension and postretirement290 284 
Research and development407 413 
Restricted cash(a)
— 
Receivables and convertible notes
659 436 
Other420 242 
Other non-current assets$6,024 $5,370 
(a)    Cash is restricted when withdrawal or general use is contractually or legally restricted. As of March 31, 2023, restricted cash of $53 million was included in Cash, cash equivalents and restricted cash in the consolidated statement of cash flows.
Dollars in millionsMarch 31,
2024
December 31, 2023
Rebates and discounts$6,967 $7,680 
Income taxes1,487 1,371 
Karuna equity awards (Note 4)
1,426 — 
Employee compensation and benefits611 1,291 
Research and development1,256 1,257 
Dividends1,216 1,213 
Interest546 349 
Royalties371 465 
Operating leases169 162 
Other2,044 2,096 
Other current liabilities$16,093 $15,884 

Dollars in millionsMarch 31,
2024
December 31, 2023
Income taxes $3,360 $3,288 
Pension and postretirement477 480 
Operating leases1,563 1,530 
Deferred income282 300 
Deferred compensation468 427 
Contingent value rights
248 — 
Other334 396 
Other non-current liabilities$6,732 $6,421