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Revenue from contracts with customers (Tables)

3 Months Ended

Mar. 31, 2024

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, 2024
		United States				Europe				International Markets				Other activities				Total
		(U.S.$ in millions)
Sale of goods			1,321				1,252				566				128				3,267
Licensing arrangements			23				11				5				§				40
Distribution			381				§				9				—				391
Other			§				9				16				97				121

		$	1,725			$	1,272			$	597			$	225			$	3,819

§	Represents an amount less than $ 0.5 million.


		Three months ended March 31, 2023
		United States				Europe				International Markets				Other activities				Total
		(U.S.$ in millions)
Sale of goods			1,230				1,176				553				131				3,090
Licensing arrangements			22				14				6				1				43
Distribution			424				§				10				—				434
Other		§					(6	)			13				87				95

		$	1,677			$	1,184			$	581			$	219			$	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, 2024		$	61			$	1,603			$	540			$	859			$	436			$	97			$	3,535			$	3,596
Provisions related to sales made in current year period			93				1,118				181				1,942				73				40				3,354				3,447
Provisions related to sales made in prior periods			—				10				20				(11	)			(6	)			(1	)			12				12
Credits and payments			(87	)			(1,086	)			(171	)			(1,935	)			(67	)			(18	)			(3,277	)			(3,364	)
Translation differences			—				(17	)			(3	)			(5	)			(3	)			(2	)			(30	)			(30	)

Balance at March 31, 2024		$	67			$	1,628			$	567			$	850			$	433			$	116			$	3,594			$	3,661


		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