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Financing Arrangements (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Short-term debt obligations
Short-term debt obligations include:
December 31,
Dollars in Millions20222021
Non-U.S. short-term borrowings$176 $105 
Current portion of long-term debt3,897 4,764 
Other191 79 
Total$4,264 $4,948 
Schedule of long-term debt
Long-term debt and the current portion of long-term debt includes:
 December 31,
Dollars in Millions20222021
Principal Value:
Floating Rate Notes due 2022$— $500 
2.000% Notes due 2022
— 750 
2.600% Notes due 2022
— 1,500 
3.250% Notes due 2022
— 1,000 
3.550% Notes due 2022
— 1,000 
0.537% Notes due 2023
1,500 1,500 
2.750% Notes due 2023
750 750 
3.250% Notes due 2023
500 500 
3.250% Notes due 2023
890 890 
7.150% Notes due 2023
239 239 
2.900% Notes due 2024
2,478 2,478 
3.625% Notes due 2024
395 395 
0.750% Notes due 2025
1,000 1,000 
1.000% Euro Notes due 2025
613 651 
3.875% Notes due 2025
229 1,925 
3.200% Notes due 2026
1,750 2,250 
6.800% Notes due 2026
256 256 
1.125% Notes due 2027
1,000 1,000 
3.250% Notes due 2027
512 750 
3.450% Notes due 2027
534 1,000 
3.900% Notes due 2028
1,500 1,500 
3.400% Notes due 2029
2,400 4,000 
1.450% Notes due 2030
1,250 1,250 
2.950% Notes due 2032
1,750 — 
1.750% Euro Notes due 2035
613 651 
5.875% Notes due 2036
279 279 
6.125% Notes due 2038
219 219 
4.125% Notes due 2039
2,000 2,000 
2.350% Notes due 2040
750 750 
5.700% Notes due 2040
153 193 
3.550% Notes due 2042
1,250 — 
3.250% Notes due 2042
500 500 
5.250% Notes due 2043
226 280 
4.500% Notes due 2044
342 500 
4.625% Notes due 2044
748 748 
5.000% Notes due 2045
758 1,768 
4.350% Notes due 2047
1,250 1,250 
4.550% Notes due 2048
1,272 1,486 
4.250% Notes due 2049
3,750 3,750 
2.550% Notes due 2050
1,500 1,500 
3.700% Notes due 2052
2,000 — 
3.900% Notes due 2062
1,000 — 
6.875% Notes due 2097
63 86 
0.13% - maturing through 2023
15 51 
Total$38,234 $43,095 
 December 31,
Dollars in Millions20222021
Principal Value$38,234 $43,095 
Adjustments to Principal Value:
Fair value of interest rate swap contracts(18)10 
Unamortized basis adjustment from swap terminations97 119 
Unamortized bond discounts and issuance costs(284)(263)
Unamortized purchase price adjustments of Celgene debt924 1,408 
Total$38,953 $44,369 
Current portion of long-term debt$3,897 $4,764 
Long-term debt35,056 39,605 
Total$38,953 $44,369