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

9 Months Ended

Sep. 30, 2015

ASSETS HELD-FOR-SALE [Abstract]

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

ASSETS HELD-FOR-SALE

Assets held-for-sale were related to the Erbitux* business in North America comprising an alliance with Lilly and the business comprising an alliance with Reckitt at September 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	September 30, 2015			December 31, 2014
Assets
Inventories	$	20		$	38
Property, plant and equipment	14			—
Goodwill	66			19
Other intangible assets	126			52
Accrued rebates and returns	(11		)	—
Assets held-for-sale	$	215		$	109