INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Schedule of Provision for Income Taxes [Table Text Block]

The provision/(benefit) for income taxes consisted of:

	Year Ended December 31,
Dollars in Millions	2019			2018			2017
Current:
U.S.	$	1,002		$	566		$	3,304
Non-U.S.	1,437			410			399
Total Current	2,439			976			3,703
Deferred:
U.S.	(113		)	(51		)	541
Non-U.S.	(811		)	96			(88		)
Total Deferred	(924		)	45			453
Total Provision	$	1,515		$	1,021		$	4,156

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The reconciliation of the effective tax rate to the U.S. statutory Federal income tax rate was as follows:

	% of Earnings Before Income Taxes
Dollars in Millions	2019					2018					2017
Earnings before income taxes:
U.S.	$	542				$	2,338				$	2,280
Non-U.S.	4,433					3,630					2,851
Total	4,975					5,968					5,131
U.S. statutory rate	1,045			21.0	%	1,253			21.0	%	1,796			35.0	%
Deemed repatriation transition tax	—			—		(56		)	(0.9	)%	2,611			50.9	%
Deferred tax remeasurement	—			—		—			—		285			5.6	%
Global intangible low taxed income (GILTI)	849			17.1	%	94			1.6	%	—			—
Foreign tax effect of certain operations in Ireland, Puerto Rico and Switzerland	(68		)	(1.4	)%	(202		)	(3.4	)%	(561		)	(10.9	)%
U.S. Federal valuation allowance	25			0.5	%	119			2.0	%	—			—
U.S. Federal, state and foreign contingent tax matters	(13		)	(0.3	)%	(55		)	(0.9	)%	72			1.4	%
U.S. Federal research based credits	(138		)	(2.8	)%	(138		)	(2.3	)%	(144		)	(2.8	)%
Fair value adjustments for contingent value rights	110			2.2	%	—			—		—			—
Non-deductible R&D charges	5			0.1	%	17			0.3	%	266			5.2	%
Puerto Rico excise tax	(163		)	(3.3	)%	(152		)	(2.6	)%	(131		)	(2.6	)%
Domestic manufacturing deduction	—			—		—			—		(78		)	(1.5	)%
State and local taxes (net of valuation allowance)	(16		)	(0.3	)%	67			1.1	%	77			1.5	%
Foreign and other	(121		)	(2.3	)%	74			1.2	%	(37		)	(0.8	)%
Total	$	1,515		30.5	%	$	1,021		17.1	%	$	4,156		81.0	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The components of current and non-current deferred income tax assets/(liabilities) were as follows:

	December 31,
Dollars in Millions	2019			2018
Deferred tax assets
Foreign net operating loss carryforwards	$	2,480		$	2,978
State net operating loss and credit carryforwards	263			121
U.S. Federal net operating loss and credit carryforwards	88			67
Deferred income	160			188
Milestone payments and license fees	558			552
Inventory	56			114
Other foreign deferred tax assets	370			327
Share-based compensation	521			54
Other	434			377
Total deferred tax assets	4,930			4,778
Valuation allowance	(2,844		)	(3,193		)
Deferred tax assets net of valuation allowance	$	2,086		$	1,585
Deferred tax liabilities
Depreciation	$	(113	)	$	(61	)
Acquired intangible assets	(7,387		)	(220		)
Goodwill and other	(530		)	(533		)
Total deferred tax liabilities	$	(8,030	)	$	(814	)
Deferred tax (liabilities)/assets, net	$	(5,944	)	$	771
Recognized as:
Deferred income taxes assets – non-current	$	510		$	815
Deferred income taxes liabilities – non-current	(6,454		)	(19		)
Liabilities related to assets held-for-sale	—			(25		)
Total	$	(5,944	)	$	771

Summary of Valuation Allowance [Table Text Block]

Changes in the valuation allowance were as follows:

	Year Ended December 31,
Dollars in Millions	2019			2018			2017
Balance at beginning of year	$	3,193		$	2,827		$	3,078
Provision	75			458			50
Utilization	(423		)	(43		)	(335		)
Foreign currency translation	(132		)	(48		)	341
Acquisitions	228			—			2
Non U.S. rate change	(97		)	(1		)	(309		)
Balance at end of year	$	2,844		$	3,193		$	2,827

Summary of Income Tax Contingencies [Table Text Block]

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits is as follows (excluding interest and penalties):

	Year Ended December 31,
Dollars in Millions	2019			2018			2017
Balance at beginning of year	$	995		$	1,155		$	995
Gross additions to tax positions related to current year	170			48			173
Gross additions to tax positions related to prior years	19			21			30
Gross additions to tax positions assumed in acquisitions	852			—			—
Gross reductions to tax positions related to prior years	(35		)	(106		)	(22		)
Settlements	(23		)	2			(20		)
Reductions to tax positions related to lapse of statute	(72		)	(119		)	(13		)
Cumulative translation adjustment	(1		)	(6		)	12
Balance at end of year	$	1,905		$	995		$	1,155

Summary of Income Tax Examinations [Table Text Block]

Additional information regarding unrecognized tax benefits is as follows:

	Year Ended December 31,
Dollars in Millions	2019		2018		2017
Unrecognized tax benefits that if recognized would impact the effective tax rate	$	1,809	$	853	$	1,002
Accrued interest	292		167		148
Accrued penalties	10		11		15