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Financial Instruments Assets and Liabilities Measured on Recurring Basis (Detail) (USD $)
In Millions, unless otherwise specified
Apr. 01, 2012
Dec. 31, 2011
Other selected financial assets:    
Held-to-maturity debt securities, carried at amortized cost $ 1,591 [1] $ 1,587 [1]
Private equity securities, carried at equity method or at cost 1,010 [2] 1,020 [2]
Total 2,601 [3] 2,607 [3]
Total selected financial assets 33,762 35,383
Other financial liabilities:    
Short-term borrowings, carried at historical proceeds, as adjusted 5,526 [3] 4,018 [3]
Long-term debt, carried at historical proceeds, as adjusted 33,543 [4],[5] 34,931 [4],[5]
Total 39,069 [6] 38,949 [6]
Total selected financial liabilities 39,912 40,714
Fair Value, Measurements, Recurring [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial assets measured at fair value on a recurring basis 31,161 [7] 32,776 [7]
Financial instruments measured at fair value on a recurring basis:    
Financial liabilities measured at fair value on a recurring basis 843 [7] 1,765 [7]
Fair Value, Measurements, Recurring [Member] | Trading securities [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial assets measured at fair value on a recurring basis 138 [8] 154 [8]
Fair Value, Measurements, Recurring [Member] | Available For-Sale Securities [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial assets measured at fair value on a recurring basis 27,855 [1] 29,179 [1]
Fair Value, Measurements, Recurring [Member] | Available-for-sale money market funds [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial assets measured at fair value on a recurring basis 1,639 [9] 1,727 [9]
Fair Value, Measurements, Recurring [Member] | Available-for-sale equity securities, excluding money market funds [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Financial assets measured at fair value on a recurring basis 371 [1] 317 [1]
Fair Value, Measurements, Recurring [Member] | Interest rate swaps [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative assets measured at fair value on a recurring basis 825 [10] 1,033 [10]
Financial instruments measured at fair value on a recurring basis:    
Financial liabilities measured at fair value on a recurring basis 26 [11] 14 [11]
Fair Value, Measurements, Recurring [Member] | Foreign currency forward-exchange contracts [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative assets measured at fair value on a recurring basis 240 [10] 349 [10]
Financial instruments measured at fair value on a recurring basis:    
Financial liabilities measured at fair value on a recurring basis 278 [11] 355 [11]
Fair Value, Measurements, Recurring [Member] | Foreign Exchange Contract [Member]
   
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative assets measured at fair value on a recurring basis 93 [10] 17 [10]
Financial instruments measured at fair value on a recurring basis:    
Financial liabilities measured at fair value on a recurring basis $ 539 [11] $ 1,396 [11]
[1] Gross unrealized gains and losses are not significant.
[2] Our private equity securities represent investments in the life sciences sector.
[3] The differences between the estimated fair values and carrying values of these financial assets and liabilities not measured at fair value on a recurring basis were not significant as of April 1, 2012 or December 31, 2011. Held-to-maturity debt securities and our short-term and long-term debt fair value are based on Level 2 valuations using a market approach. Fair value measurements for private equity securities are based on Level 3 valuations using a market approach.
[4] Includes foreign currency debt with fair values of $855 million at April 1, 2012 and $919 million at December 31, 2011, which are used as hedging instruments.
[5] The fair value of our long-term debt is $38.6 billion at April 1, 2012 and $40.1 billion at December 31, 2011.
[6] Some carrying amounts may include adjustments for discount or premium amortization or for the effect of interest rate swaps designated as hedges.
[7] We use a market approach in valuing financial instruments on a recurring basis. See also Note 1C. Basis of Presentation and Significant Accounting Policies: Fair Value. All of our financial assets and liabilities measured at fair value on a recurring basis use Level 2 inputs in the calculation of fair value, except that included in available-for-sale equity securities, excluding money market funds, are $131 million as of April 1, 2012 and $85 million as of December 31, 2011 of investments that use Level 1 inputs in the calculation of fair value, and $16 million as of April 1, 2012 and $25 million as of December 31, 2011 that use Level 3 inputs.
[8] Trading securities are held in trust for legacy business acquisition severance benefits.
[9] Includes approximately $625 million as of April 1, 2012 and December 31, 2011 of money market funds held in escrow to secure certain of Wyeth's payment obligations under its 1999 Nationwide Class Action Settlement Agreement, which relates to litigation against Wyeth concerning its former weight-loss products, Redux and Pondimin. The amount also includes $372 million as of April 1, 2012 and $357 million as of December 31, 2011 of money market funds held in trust in connection with the asbestos litigation involving Quigley Company, Inc., a wholly owned subsidiary.
[10] Designated as hedging instruments, except for certain foreign currency contracts used as offsets; namely, foreign currency forward-exchange contracts with fair values of $123 million and foreign currency swaps with fair values of $16 million at April 1, 2012; and foreign currency forward-exchange contracts with fair values of $169 million and interest rate swaps with fair values of $8 million at December 31, 2011.
[11] Designated as hedging instruments, except for certain foreign currency contracts used as offsets; namely, foreign currency forward-exchange contracts with fair values of $190 million and foreign currency swaps with fair values of $99 million at April 1, 2012; and foreign currency forward-exchange contracts with fair values of $141 million and foreign currency swaps with fair values of $123 million at December 31, 2011.