FINANCING ARRANGEMENTS (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Short-term debt obligations

Short-term debt obligations include:

	December 31,
Dollars in millions	2023		2022
Non-U.S. short-term borrowings	$	170	$	176
Current portion of long-term debt	2,873		3,897
Other	76		191
Total	$	3,119	$	4,264

Schedule of long-term debt

Long-term debt and the current portion of long-term debt includes:

	December 31,
Dollars in millions	2023		2022
Principal Value:
0.537% Notes due 2023	—		1,500
2.750% Notes due 2023	—		750
3.250% Notes due 2023	—		500
3.250% Notes due 2023	—		890
7.150% Notes due 2023	—		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	636		613
3.875% Notes due 2025	229		229
3.200% Notes due 2026	1,750		1,750
6.800% Notes due 2026	256		256
1.125% Notes due 2027	1,000		1,000
3.250% Notes due 2027	512		512
3.450% Notes due 2027	534		534
3.900% Notes due 2028	1,500		1,500
3.400% Notes due 2029	2,400		2,400
1.450% Notes due 2030	1,250		1,250
5.750% Notes due 2031	1,000		—
2.950% Notes due 2032	1,750		1,750
5.900% Notes due 2033	1,000		—
1.750% Euro Notes due 2035	636		613
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		153
3.550% Notes due 2042	1,250		1,250
3.250% Notes due 2042	500		500
5.250% Notes due 2043	226		226
4.500% Notes due 2044	342		342
4.625% Notes due 2044	748		748
5.000% Notes due 2045	758		758
4.350% Notes due 2047	1,250		1,250
4.550% Notes due 2048	1,272		1,272
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		2,000
6.250% Notes due 2053	1,250		—
3.900% Notes due 2062	1,000		1,000
6.400% Notes due 2063	1,250		—
6.875% Notes due 2097	63		63
0.130% Convertible debt due 2023	—		15
Total	$	38,886	$	38,234

	December 31,
Dollars in millions	2023		2022
Principal Value	$	38,886	$	38,234
Adjustments to Principal Value:
Fair value of interest rate swap contracts	(11)		(18)
Unamortized basis adjustment from swap terminations	82		97
Unamortized bond discounts and issuance costs	(303)		(284)
Unamortized purchase price adjustments of Celgene debt	872		924
Total	$	39,526	$	38,953
Current portion of long-term debt	$	2,873	$	3,897
Long-term debt	36,653		35,056
Total	$	39,526	$	38,953