XML 63 R51.htm IDEA: XBRL DOCUMENT
v3.23.1

Debt Obligations - Schedule of Senior Notes and Loans (Detail) - USD ($) $ in Millions | 3 Months Ended |
--- | --- | ---
Mar. 31, 2023 | Dec. 31, 2022
Debt Instrument [Line Items] |  |  |
Total senior notes |  | $ 20,761 | $ 21,266
Less current maturities |  | (1,000) | (2,086)
Less debt issuance costs | [1] | (94) | (78)
Total senior notes and loans |  | 19,668 | 19,103
Other Debentures [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Total senior notes and loans |  | $ 1 | 1
Senior notes EUR 1,500 million [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate |  | 1.13% |
Maturity |  | 2024 |
Total senior notes |  | $ 683 | 670
Sustainability-linked senior notes EUR 1,500 million [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate | [2],[3] | 4.38% |
Maturity | [2],[3] | 2030 |
Total senior notes | [2],[3] | $ 1,635 | 1,606
Senior notes EUR 1,300 million [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate | [4] | 1.25% |
Maturity | [4] | 2023 |
Total senior notes | [4] | $ 0 | 633
Sustainability-linked senior notes EUR 1,100 million [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate | [3],[5] | 3.75% |
Maturity | [3],[5] | 2027 |
Total senior notes | [3],[5] | $ 1,199 | 1,177
Senior notes EUR 1,000 million [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate | [6] | 6.00% |
Maturity | [6] | 2025 |
Total senior notes | [6] | $ 449 | 1,070
Senior notes EUR 900 million [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate | [6] | 4.50% |
Maturity | [6] | 2025 |
Total senior notes | [6] | $ 541 | 963
Senior notes EUR 750 million [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate |  | 1.63% |
Maturity |  | 2028 |
Total senior notes |  | $ 814 | 800
Senior notes EUR 700 million [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate |  | 1.88% |
Maturity |  | 2027 |
Total senior notes |  | $ 762 | 748
Senior notes USD 3,500 million [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate | [6] | 3.15% |
Maturity | [6] | 2026 |
Total senior notes | [6] | $ 3,374 | 3,496
Senior notes USD 3,000 million [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate | [6] | 2.80% |
Maturity | [6] | 2023 |
Total senior notes | [6] | $ 1,000 | 1,453
Senior notes USD 2,000 million [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate |  | 4.10% |
Maturity |  | 2046 |
Total senior notes |  | $ 1,986 | 1,986
Senior notes USD 1,250 million [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate | [6] | 6.00% |
Maturity | [6] | 2024 |
Total senior notes | [6] | $ 957 | 1,250
Senior notes USD 1,250 million [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate |  | 6.75% |
Maturity |  | 2028 |
Total senior notes |  | $ 1,250 | 1,250
Senior notes USD 1,000 million [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate | [6] | 7.13% |
Maturity | [6] | 2025 |
Total senior notes | [6] | $ 427 | 1,000
Sustainability-linked senior notes USD 1,000 million [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate | [3],[5] | 4.75% |
Maturity | [3],[5] | 2027 |
Total senior notes | [3],[5] | $ 1,000 | 1,000
Sustainability-linked senior notes USD 1,000 million [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate | [2],[3] | 5.13% |
Maturity | [2],[3] | 2029 |
Total senior notes | [2],[3] | $ 1,000 | 1,000
Senior notes USD 789 million [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate |  | 6.15% |
Maturity |  | 2036 |
Total senior notes |  | $ 783 | 783
Senior notes CHF 350 Million [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate |  | 1.00% |
Maturity |  | 2025 |
Total senior notes |  | $ 384 | 382
Sustainability-linked senior notes USD 500 million |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate | [3],[7] | 8.13% |
Maturity | [3],[7] | 2031 |
Total senior notes | [3],[7] | $ 500 | 0
Sustainability-linked senior notes USD 600 million |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate | [3],[8] | 7.88% |
Maturity | [3],[8] | 2029 |
Total senior notes | [3],[8] | $ 600 | 0
Sustainability-linked senior notes EUR 500 million |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate | [3],[9] | 7.88% |
Maturity | [3],[9] | 2031 |
Total senior notes | [3],[9] | $ 545 | 0
Sustainability-linked senior notes EUR 800 million |  |  |
Debt Instrument [Line Items] |  |  |
Interest rate | [3],[10] | 7.38% |
Maturity | [3],[10] | 2029 |
Total senior notes | [3],[10] | $ 872 | $ 0
[1] | Debt issuance costs as of March 31, 2023 include $26 million in connection with the issuance of the sustainability-linked senior notes in March 2023, partially offset by $6 million acceleration of issuance costs related to the cash tender offer.
[2] | If Teva fails to achieve certain sustainability performance targets, the interest rate shall increase by 0.125%-0.375% per annum, from and including May 9, 2026.
[3] | Interest rate adjustments and a potential one-time premium payment related to the sustainability-linked bonds are treated as bifurcated embedded derivatives. See note 8c.
[4] | In March 2023, Teva repaid $646 million of its 1.25% senior notes at maturity.
[5] | If Teva fails to achieve certain sustainability performance targets, a one-time premium payment of 0.15%-0.45% out of the principal amount will be paid at maturity or upon earlier redemption, if such redemption is on or after May 9, 2026.
[6] | In March 2023, Teva consummated a cash tender offer and extinguished $630 million aggregate principal amount of its 1,000 million euro 6% senior notes due in 2025; $432 million aggregate principal amount of its 900 million euro 4.5% senior notes due in 2025; $573 million aggregate principal amount of its $1,000 million 7.13% senior notes due in 2025; $453 million aggregate principal amount of its $3,000 million 2.8% senior notes due in 2023; $293 million aggregate principal amount of its $1,250 million 6% senior notes due in 2024 and $122 million aggregate principal amount of its $3,500 million 3.15% senior notes due in 2026.
[7] | In March 2023, Teva issued sustainability-linked senior notes in an aggregate principal amount of $500 million bearing 8.13% annual interest and due September 2031. If Teva fails to achieve certain sustainability performance targets, the interest rate shall increase by 0.100%-0.300% per annum, from and including September 15, 2026.
[8] | In March 2023, Teva issued sustainability-linked senior notes in an aggregate principal amount of $600 million bearing 7.88% annual interest and due September 2029. If Teva fails to achieve certain sustainability performance targets, the interest rate shall increase by 0.100%-0.300% per annum, from and including September 15, 2026.
[9] | In March 2023, Teva issued sustainability-linked senior notes in an aggregate principal amount of 500 million euro bearing 7.88% annual interest and due September 2031. If Teva fails to achieve certain sustainability performance targets, the interest rate shall increase by 0.100%-0.300% per annum, from and including September 15, 2026.
[10] | In March 2023, Teva issued sustainability-linked senior notes in an aggregate principal amount of 800 million euro bearing 7.38% annual interest and due September 2029. If Teva fails to achieve certain sustainability performance targets, the interest rate shall increase by 0.100%-0.300% per annum, from and including September 15, 2026.

X
- Definition Debt Instrument Maturity Year + References No definition available. + Details
Name: | teva_DebtInstrumentMaturityYear
Namespace Prefix: | teva_
Data Type: | xbrli:gYearItemType
Balance Type: | na
Period Type: | duration

X
- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 6 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=123466204&loc=SL6036836-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=124429444&loc=SL124452920-239629 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateEffectivePercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, after accumulated amortization, of debt issuance costs classified as noncurrent. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28555-108399 + Details
Name: | us-gaap_DeferredFinanceCostsNoncurrentNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt, classified as current. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19,20) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebtCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Carrying value as of the balance sheet date of all notes and loans payable (with maturities initially due after one year or beyond the operating cycle if longer), excluding current portion. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermNotesAndLoans
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Including the current and noncurrent portions, carrying value as of the balance sheet date of Notes with the highest claim on the assets of the issuer in case of bankruptcy or liquidation (with maturities initially due after one year or beyond the operating cycle if longer). Senior note holders are paid off in full before any payments are made to junior note holders. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16(a)) -URI https://asc.fasb.org/extlink&oid=126734703&loc=d3e572229-122910 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.16) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 + Details
Name: | us-gaap_SeniorNotes
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_DebtInstrumentAxis=teva_OtherDebentures2026Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=teva_SubsidiarySeniorNotesDue2024Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=teva_SustainabilityLinkedSeniorNotesDue2030Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=teva_SubsidiarySeniorNotesDue2023OneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=teva_SustainabilityLinkedSeniorNotesDue2027Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=teva_SubsidiarySeniorNotesDue2025OneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=teva_SubsidiarySeniorNotesDue2025Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=teva_SubsidiarySeniorNotesDue2028Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=teva_SubsidiarySeniorNotesDue2022OneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=teva_SubsidiarySeniorNotesDue2026OneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=teva_SubsidiarySeniorNotesDue2023TwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=teva_SubsidiarySeniorNotesDue2046Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=teva_SubsidiarySeniorNotesDue2024OneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=teva_SubsidiarySeniorNotesDue2028OneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=teva_SubsidiarySeniorNotesDue2025TwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=teva_SustainabilityLinkedSeniorNotesDue2027TwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=teva_SustainabilityLinkedSeniorNotesDue2029Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=teva_SubsidiarySeniorNotesDue2036Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=teva_SubsidiarySeniorNotesDue2022ThreeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=teva_SustainabilitySeniorLinkedLoansDueTwoThousandAndThirtyOneTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=teva_SustainabilitySeniorLinkedLoansDueTwoThousandAndTwentyNineTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=teva_SustainabilitySeniorLinkedLoansDueTwoThousandAndThirtyOneOneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=teva_SustainabilitySeniorLinkedLoansDueTwoThousandAndTwentyNineOneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |