FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2013

Financial Instruments [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

Financial assets and liabilities measured at fair value on a recurring basis are summarized below:

	December 31, 2013											December 31, 2012
Dollars in Millions	Level 1		Level 2			Level 3			Total			Level 1		Level 2			Level 3			Total
Cash and cash equivalents - Money market and other securities	$	—	$	3,201		$	—		$	3,201		$	—	$	1,288		$	—		$	1,288
Marketable securities
Certificates of deposit	—		122			—			122			—		34			—			34
Corporate debt securities	—		4,432			—			4,432			—		4,377			—			4,377
U.S. Treasury securities	—		—			—			—			150		—			—			150
Equity funds	—		74			—			74			—		57			—			57
Fixed income funds	—		46			—			46			—		47			—			47
ARS and FRS	—		—			12			12			—		—			31			31
Derivative assets:
Interest rate swap contracts	—		64			—			64			—		146			—			146
Foreign currency forward contracts	—		50			—			50			—		59			—			59
Derivative liabilities:
Interest rate swap contracts	—		(27		)	—			(27		)	—		—			—			—
Foreign currency forward contracts	—		(35		)	—			(35		)	—		(30		)	—			(30		)
Written option liabilities(a)	—		—			(162		)	(162		)	—		—			(18		)	(18		)
Contingent consideration liability(b)	—		—			(8		)	(8		)	—		—			(8		)	(8		)

(a) Written option liabilities of $18 million and $144 million are included in accrued expenses and other liabilities, respectively. See "Note 3. Alliances" for further in

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

The following table summarizes the activity the financial assets utilizing Level 3 fair value measurements:

	2013									2012
Dollars in Millions	Written option liabilities			Contingent consideration liability			ARS and FRS			Written option liabilities			Contingent consideration liability			ARS and FRS
Fair value at January 1	$	(18	)	$	(8	)	$	31		$	—		$	(8	)	$	110
Additions from new alliances	(144		)	—			—			(18		)	—			—
Unrealized gains	—			—			1			—			—			2
Sales	—			—			(20		)	—			—			(81		)
Fair value at December 31	$	(162	)	$	(8	)	$	12		$	(18	)	$	(8	)	$	31

Available-for-sale Securities [Table Text Block]

The following table summarizes available-for-sale securities:

Dollars in Millions	Amortized Cost		Gross Unrealized Gain in Accumulated OCI		Gross Unrealized Loss in Accumulated OCI			Fair Value
December 31, 2013
Certificates of deposit	$	122	$	—	$	—		$	122
Corporate debt securities	4,401		44		(13		)	4,432
ARS	9		3		—			12
Total	4,532		47		(13		)	4,566
December 31, 2012
Certificates of deposit	$	34	$	—	$	—		$	34
Corporate debt securities	4,305		72		—			4,377
U.S. Treasury securities	150		—		—			150
ARS and FRS	29		3		(1		)	31
Total	4,518		75		(1		)	4,592

Schedule of Derivatives and Fair Value [Text Block]

The following summarizes the fair value of outstanding derivatives:

		December 31, 2013					December 31, 2012
Dollars in Millions	Balance Sheet Location	Notional		Fair Value			Notional		Fair Value
Derivatives designated as hedging instruments:
Interest rate swap contracts	Other assets	$	673	$	64		$	573	$	146
Interest rate swap contracts	Other liabilities	1,950		(27		)	—		—
Foreign currency forward contracts	Prepaid expenses and other	301		44			—		—
Foreign currency forward contracts	Other assets	100		6			735		59
Foreign currency forward contracts	Accrued expenses	704		(31		)	916		(30		)
Foreign currency forward contracts	Other liabilities	263		(4		)	—		—

Schedule Of Short-term Debt And Current Portion of Long Term Debt [Table Text Block]

Short-term borrowings and the current portion of long-term debt includes:

	December 31,
Dollars in Millions	2013		2012
Bank drafts and short-term borrowings	$	359	$	162
Current portion of long-term debt	—		664
Total	$	359	$	826

Schedule of Long-term Debt Instruments [Table Text Block]

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

	December 31,
Dollars in Millions	2013			2012
Principal Value:
5.25% Notes due 2013	$	—		$	597
4.375% Euro Notes due 2016	684			659
0.875% Notes due 2017	750			750
5.45% Notes due 2018	582			582
1.75% Notes due 2019	500			—
4.625% Euro Notes due 2021	684			659
2.000% Notes due 2022	750			750
7.15% Debentures due 2023	304			304
3.250% Notes due 2023	500			—
6.80% Debentures due 2026	330			330
5.875% Notes due 2036	625			625
6.125% Notes due 2038	480			480
3.250% Notes due 2042	500			500
4.500% Notes due 2044	500			—
6.88% Debentures due 2097	260			260
0% - 5.75% Other - maturing 2014 - 2030	144			135
Subtotal	7,593			6,631
Adjustments to Principal Value:
Fair value of interest rate swap contracts	37			146
Unamortized basis adjustment from swap terminations	442			509
Unamortized bond discounts	(64		)	(54		)
Total	$	8,008		$	7,232
Current portion of long-term debt(a)	$	27		$	664
Long-term debt	7,981			6,568

Schedule of Debt Repurchases [Text Block]

Debt repurchase activity for 2012 and 2011, including repayment of the Amylin debt obligations, was as follows:

Dollars in Millions	2012		2011
Principal amount	$	2,052	$	71
Carrying value	2,081		88
Repurchase price	2,108		78
Notional amount of interest rate swap contracts terminated	6		34
Swap termination proceeds	2		6
Total loss/(gain)	27		(10		)