ASSETS HELD-FOR-SALE ASSETS HELD-FOR-SALE

6 Months Ended

Jun. 30, 2015

ASSETS HELD-FOR-SALE [Abstract]

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

ASSETS HELD-FOR-SALE

Assets held-for-sale were primarily related to the Erbitux* business in North America comprising an alliance with Lilly at June 30, 2015 and to the businesses comprising alliances with The Medicines Company and Valeant at December 31, 2014. The allocation of goodwill was based on the relative fair value of the applicable businesses to the Company's reporting unit.

The following table provides the assets classified as held-for-sale:

Dollars in Millions	June 30, 2015		December 31, 2014
Assets
Inventories	$	33	$	38
Goodwill	51		19
Other intangible assets	126		52
Assets held-for-sale	$	210	$	109