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SUPPLEMENTAL FINANCIAL INFORMATION
6 Months Ended
Jun. 30, 2024
Supplemental Financial Information [Abstract]  
SUPPLEMENTAL FINANCIAL INFORMATION SUPPLEMENTAL FINANCIAL INFORMATION
Dollars in millionsJune 30,
2024
December 31, 2023
Income taxes$3,337 $3,927 
Research and development799 723 
Contract assets386 416 
Restricted cash(a)
55 
Other1,213 786 
Other current assets$5,737 $5,907 
Dollars in millionsJune 30,
2024
December 31, 2023
Equity investments (Note 9)$2,000 $1,699 
Operating leases1,316 1,390 
Inventories (Note 12)
1,029 906 
Pension and postretirement210 284 
Research and development411 413 
Restricted cash(a)
— 
Receivables and convertible notes
642 436 
Other462 242 
Other non-current assets$6,071 $5,370 
(a)    Cash is restricted when withdrawal or general use is contractually or legally restricted. As of June 30, 2023, restricted cash of $53 million was included in Cash, cash equivalents and restricted cash in the consolidated statement of cash flows.

Dollars in millionsJune 30,
2024
December 31, 2023
Rebates and discounts$7,686 $7,680 
Income taxes1,474 1,371 
Employee compensation and benefits921 1,291 
Research and development1,231 1,257 
Dividends1,217 1,213 
Interest591 349 
Royalties422 465 
Operating leases177 162 
Other2,264 2,096 
Other current liabilities$15,983 $15,884 

Dollars in millionsJune 30,
2024
December 31, 2023
Income taxes $1,783 $3,288 
Pension and postretirement466 480 
Operating leases1,438 1,530 
Deferred income263 300 
Deferred compensation467 427 
Contingent value rights
248 — 
Other328 396 
Other non-current liabilities$4,993 $6,421