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SUPPLEMENTAL FINANCIAL INFORMATION
6 Months Ended
Jun. 30, 2022
Supplemental Financial Information [Abstract]  
Supplemental Financial Information SUPPLEMENTAL FINANCIAL INFORMATION
Dollars in MillionsJune 30,
2022
December 31, 2021
Income taxes$3,067 $2,786 
Research and development664 514 
Contract assets419 361 
Equity investments38 255 
Restricted cash(a)
153 140 
Other1,421 776 
Other current assets$5,762 $4,832 

Dollars in MillionsJune 30,
2022
December 31, 2021
Equity investments$1,973 $2,713 
Inventories661 909 
Operating leases840 919 
Pension and postretirement315 317 
Research and development572 248 
Restricted cash(a)
57 197 
Other310 232 
Other non-current assets$4,728 $5,535 
(a)    Restricted cash consists of funds restricted for annual Company contributions to the defined contribution plan in the U.S. and escrow for litigation settlements. Cash is restricted when withdrawal or general use is contractually or legally restricted. Restricted cash of $373 million at June 30, 2021, was included in cash, cash equivalents and restricted cash in the consolidated statements of cash flows.
Dollars in MillionsJune 30,
2022
December 31, 2021
Rebates and discounts$5,842 $6,399 
Income taxes1,141 754 
Employee compensation and benefits797 1,375 
Research and development1,386 1,373 
Dividends1,154 1,186 
Interest352 378 
Royalties384 410 
Operating leases167 169 
Other1,857 1,927 
Other current liabilities$13,080 $13,971 
Dollars in MillionsJune 30,
2022
December 31, 2021
Income taxes $4,366 $4,835 
Pension and postretirement589 654 
Operating leases815 874 
Deferred income307 326 
Deferred compensation354 427 
Other209 218 
Other non-current liabilities$6,640 $7,334