EMPLOYEE STOCK BENEFIT PLANS

6 Months Ended

Jun. 30, 2023

Share-Based Payment Arrangement [Abstract]

Employee Stock Benefit Plans

EMPLOYEE STOCK BENEFIT PLANS

Stock-based compensation expense was as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
Dollars in millions	2023		2022		2023		2022
Cost of products sold	$	13	$	11	$	24	$	19
Marketing, selling and administrative	56		48		107		96
Research and development	68		57		128		108
Total Stock-based compensation expense	$	137	$	116	$	259	$	223
Income tax benefit(a)	$	27	$	22	$	52	$	44

(a)    Income tax benefit excludes excess tax benefits from share-based compensation awards that were vested or exercised of $2 million and $20 million for the three and six months ended June 30, 2023, and $19 million and $59 million for the three and six months ended June 30, 2022, respectively.

The number of units granted and the weighted-average fair value on the grant date for the six months ended June 30, 2023 were as follows:

Units in millions	Units	Weighted-Average Fair Value
Restricted stock units	9.0	$	60.59
Market share units	1.0	58.18
Performance share units	1.5	64.18

Dollars in millions	Restricted Stock Units		Market Share Units		Performance Share Units
Unrecognized compensation cost	$	1,031	$	80	$	144
Expected weighted-average period in years of compensation cost to be recognized	3.0		3.1		2.0