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Legal Settlements and Loss Contingencies
6 Months Ended
Jun. 30, 2023
Legal Settlements and Loss Contingencies
NOTE 9 – Legal settlements and loss contingencies:
In the second quarter of 2023, Teva recorded expenses of $462 million in legal settlements and loss contingencies, compared to $729 million in the second quarter of 2022. Expenses in the second quarter of 2023 were mainly related to
a provision in connection with 
the U.S. DOJ criminal
antitrust charges on the marketing and pricing of certain Teva USA generic products, an update to the estimated settlement provision related to some of the remaining opioid cases including an agreement in principle on private hospital cases, and an update to the provision related to the settlement in the reverse-payment antitrust litigation over certain HIV medicines. Expenses in the second quarter of 2022 were mainly related to an update of the estimated settlement provision recorded in connection with the remaining opioid cases. See note 10. 
In the first six months of 2023, Teva recorded
expenses
of $695 million in legal settlements and loss contingencies, compared to $1,854 million in the first six months of 2022.
Expenses
in the first six months of 2023
were
mainly related to an update to the estimated settlement provision related to the remaining opioid cases, the
provision relating to the 
U.S. DOJ criminal antitrust charges on the marketing and pricing of certain Teva USA generic products, an update to the estimated provision
related to
the DOJ patient assistance program litigation and the provision related to the settlement of the reverse-payment antitrust litigation over certain HIV medicines.
Expenses
in the first six months of 2022
were
mainly related to an update of the estimated settlement provision recorded in connection with the remaining opioid cases.
As of June 30, 2023 and December 31, 2022, Teva’s provision for legal settlements and loss contingencies recorded under accrued expenses and other taxes and long-term liabilities was $4,704 million and $4,186 million, respectively.