Basis of Presentation and Summary of Accounting Principles (Tables)

12 Months Ended

Dec. 31, 2020

Accounting Policies [Abstract]

Schedule of finite-lived intangible assets estimated useful lives

The range of estimated useful lives is as follows:

	Years
Collaboration assets	30
Customer relationships and related programs	3 to 32
Developed technology	15 to 25
Patents and trademarks	4 to 30
Exclusivity assets	5 to 25

Schedule of Change in Accounting Estimate

Net EAC adjustments had the following impact on our operating results:

(dollars in millions, except per share amounts)	2020		2019		2018
Operating profit (loss)	$	(643)	$	(69)	$	(50)
Income (loss) from continuing operations attributable to common shareowners (1)	(508)		(55)		(40)
Diluted earnings (loss) per share from continuing operations attributable to common shareowners (1)	$	(0.37)	$	(0.06)	$	(0.05)

(1)    Amounts reflect a U.S. statutory tax rate of 21%, which approximates our tax rate on our EAC adjustments.

Collaborative Arrangement and Arrangement Other than Collaborative

The following table illustrates the Consolidated Statement of Operations classification and amounts attributable to transactions arising from the collaborative arrangements between participants for each period presented.

(dollars in millions)	2020		2019		2018
Collaborator share of sales:
Cost of products sold	$	1,183	$	2,097	$	1,688
Cost of services sold	1,374		1,674		1,765
Collaborator share of program costs (reimbursement of expenses incurred):
Cost of products sold	(147)		(190)		(209)
Research and development	(177)		(219)		(225)
Selling, general and administrative	(99)		(101)		(87)