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RECEIVABLES
3 Months Ended
Mar. 31, 2025
Accounts Receivable, after Allowance for Credit Loss [Abstract]  
RECEIVABLES RECEIVABLES
Dollars in millionsMarch 31,
2025
December 31,
2024
Trade receivables$9,932 $9,957 
Less charge-backs and cash discounts
(824)(900)
Less allowance for expected credit loss
(45)(45)
Net trade receivables9,063 9,012 
Alliance, royalties, VAT and other1,738 1,735 
Receivables$10,801 $10,747 

Non-U.S. receivables sold on a nonrecourse basis were $75 million and $229 million for the three months ended March 31, 2025 and 2024, respectively. Receivables from the three largest customers in the U.S. represented 72% and 74% of total trade receivables as of March 31, 2025 and December 31, 2024, respectively.