RECEIVABLES

6 Months Ended

Jun. 30, 2021

Accounts Receivable, after Allowance for Credit Loss [Abstract]

Receivables [Text Block]

RECEIVABLES

Dollars in Millions	June 30, 2021		December 31, 2020
Trade receivables	$	8,309	$	7,882
Less charge-backs and cash discounts	(569)		(645)
Less allowance for expected credit loss	(27)		(18)
Net trade receivables	7,713		7,219
Alliance, royalties, VAT and other	1,304		1,282
Receivables	$	9,017	$	8,501

Non-U.S. receivables sold on a nonrecourse basis were $638 million and $464 million for the six months ended June 30, 2021 and 2020, respectively. Receivables from the three largest customers in the U.S. represented approximately 58% and 56% of total trade receivables at June 30, 2021 and December 31, 2020, respectively.