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Revenue from contracts with customers (Tables)

3 Months Ended

Mar. 31, 2023

Summary of disaggregates revenues by major revenue streams

The following table disaggregates Teva’s revenues by major revenue streams. For additional information on disaggregation of revenues, see note 15.


		Three months ended March 31, 2023
		North America				Europe				International Markets				Other activities				Total

		(U.S. $ in millions)
Sale of goods			1,319				1,176				464				131				3,090
Licensing arrangements			23				14				5				1				43
Distribution			424				§				10				—				434
Other			§				(6	)			13				87				95

		$	1,766				1,184				492				219				3,661

§	Represents an amount less than $0.5 million.


		Three months ended March 31, 2022
		North America				Europe				International Markets				Other activities				Total

		(U.S. $ in millions)
Sale of goods			1,377				1,134				445				180				3,136
Licensing arrangements			21				12				4				1				38
Distribution			342				§				16				—				358
Other			(2	)			9				27				95				129

		$	1,737			$	1,156			$	492			$	275			$	3,661

§	Represents an amount less than $0.5 million.

Summary of Sales Reserves and Allowances


		Sales Reserves and Allowances
		Reserves included in Accounts Receivable, net				Rebates				Medicaid and other governmental allowances				Chargebacks				Returns				Other				Total reserves included in Sales Reserves and Allowances				Total

		(U.S. $ in millions)
Balance at January 1, 2023		$	67			$	1,575			$	663			$	991			$	455			$	66			$	3,750			$	3,817
Provisions related to sales made in current year period			80				1,003				142				1,855				73				25				3,098				3,178
Provisions related to sales made in prior periods			—				(7	)			(36	)			(9	)			6				(1	)			(47	)			(47	)
Credits and payments			(84	)			(1,127	)			(289	)			(1,973	)			(95	)			(21	)			(3,505	)			(3,589	)
Translation differences			—				8				2				2				1				§				13				13

Balance at March 31, 2023		$	63			$	1,452			$	482			$	866			$	440			$	69			$	3,309			$	3,372


		Sales Reserves and Allowances
		Reserves included in Accounts Receivable, net				Rebates				Medicaid and other governmental allowances				Chargebacks				Returns				Other				Total reserves included in Sales Reserves and Allowances				Total

		(U.S. $ in millions)
Balance at January 1, 2022		$	68			$	1,655			$	854			$	1,085			$	535			$	112			$	4,241			$	4,309
Provisions related to sales made in current year period			82				928				198				1,814				58				90				3,088				3,170
Provisions related to sales made in prior periods			—				(90	)			26				(8	)			(14	)			(1	)			(87	)			(87	)
Credits and payments			(88	)			(1,037	)			(270	)			(1,940	)			(110	)			(73	)			(3,430	)			(3,518	)
Translation differences			—				(3	)			(1	)			—				—				(1	)			(5	)			(5	)

Balance at March 31, 2022		$	62			$	1,453			$	807			$	951			$	469			$	127			$	3,807			$	3,869

§	Represents an amount less than $0.5 million.