FINANCING ARRANGEMENTS (Tables)

9 Months Ended

Sep. 30, 2025

Debt Disclosure [Abstract]

Schedule of Short-term Debt

Short-term debt obligations include:

Dollars in millions	September 30, 2025		December 31, 2024
Non-U.S. short-term financing obligations	$	261	$	218
Current portion of Long-term debt	4,248		1,828
Short-term debt obligations	$	4,509	$	2,046

Schedule of Long-term Debt and Current Portion of Long-term Debt

Long-term debt and the current portion of Long-term debt include:

Dollars in millions	September 30, 2025		December 31, 2024
Principal value	$	48,186	$	48,937
Adjustments to principal value:
Fair value of interest rate swap contracts	48		(10)
Unamortized basis adjustment from swap terminations	62		71
Unamortized bond discounts and issuance costs	(367)		(390)
Unamortized purchase price adjustments of Celgene debt	787		823
Total	$	48,717	$	49,431
Current portion of Long-term debt	$	4,248	$	1,828
Long-term debt	44,469		47,603
Total	$	48,717	$	49,431