INVENTORIES

12 Months Ended

Dec. 31, 2020

Inventory, Net [Abstract]

Inventories [Text Block]

INVENTORIES

	December 31,
Dollars in Millions	2020		2019
Finished goods	$	932	$	2,227
Work in process	2,015		3,267
Raw and packaging materials	207		172
Total Inventories	$	3,154	$	5,666
Inventories	$	2,074	$	4,293
Other non-current assets	1,080		1,373

Total inventories include fair value adjustments resulting from the Celgene acquisition of approximately $774 million and $3.5 billion at December 31, 2020 and 2019, respectively, which will be recognized in future periods. Other non-current assets include inventory expected to remain on hand beyond one year in both periods.