XML 26 R16.htm IDEA: XBRL DOCUMENT v3.23.2
RECEIVABLES
 6 Months Ended
Jun. 30, 2023
Accounts Receivable, after Allowance for Credit Loss [Abstract]  
Receivables RECEIVABLES
Dollars in millionsJune 30,
2023		December 31,
2022
Trade receivables$8,827 $8,848 
Less: charge-backs and cash discounts(676)(675)
Less: allowance for expected credit loss(26)(22)
Net trade receivables8,125 8,151 
Alliance, royalties, VAT and other1,987 1,735 
Receivables$10,112 $9,886 

Non-U.S. receivables sold on a nonrecourse basis were $503 million and $674 million for the six months ended June 30, 2023 and 2022, respectively. Receivables from the three largest customers in the U.S. represented 70% and 66% of total trade receivables as of June 30, 2023 and December 31, 2022, respectively.