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EQUITY (Tables)
12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Schedule of Stockholders Equity [Table Text Block]
 
Common Stock
 
Capital in Excess
of Par Value
of Stock
 
Accumulated Other Comprehensive Loss
 
Retained
Earnings
 
Treasury Stock
 
Noncontrolling
Interest
Dollars and Shares in Millions
Shares
 
Par Value
 
 
Shares
 
Cost
 
Balance at January 1, 2017
2,208

 
$
221

 
$
1,725

 
$
(2,503
)
 
$
33,513

 
536

 
$
(16,779
)
 
$
170

Accounting change - cumulative effect(a)

 

 

 

 
(787
)
 

 

 

Adjusted balance at January 1, 2017
2,208

 
221

 
1,725

 
(2,503
)
 
32,726

 
536

 
(16,779
)
 
170

Net earnings

 

 

 

 
1,007

 

 

 
27

Other Comprehensive Income/(Loss)

 

 

 
214

 

 

 

 

Cash dividends declared(c)

 

 

 

 
(2,573
)
 

 

 

Share repurchase program

 

 

 

 

 
44

 
(2,477
)
 

Stock compensation

 

 
173

 

 

 
(5
)
 
7

 

Variable interest entity

 

 

 

 

 

 

 
(59
)
Distributions

 

 

 

 

 

 

 
(32
)
Balance at December 31, 2017
2,208

 
221

 
1,898

 
(2,289
)
 
31,160

 
575

 
(19,249
)
 
106

Accounting change - cumulative effect(b)

 

 

 
(34
)
 
332

 

 

 

Adjusted balance at January 1, 2018
2,208

 
221

 
1,898

 
(2,323
)
 
31,492

 
575

 
(19,249
)
 
106

Net earnings

 

 

 

 
4,920

 

 

 
27

Other Comprehensive Income/(Loss)

 

 

 
(156
)
 

 

 

 

Cash dividends declared(c)

 

 

 

 
(2,630
)
 

 

 

Share repurchase program

 

 

 

 

 
5

 
(313
)
 

Stock compensation

 

 
183

 

 

 
(4
)
 
(12
)
 

Adoption of ASU 2018-02(b)

 

 

 
(283
)
 
283

 

 

 

Distributions

 

 

 

 

 

 

 
(37
)
Balance at December 31, 2018
2,208

 
221

 
2,081

 
(2,762
)
 
34,065

 
576

 
(19,574
)
 
96

Accounting change - cumulative effect(b)

 

 

 

 
5

 

 

 

Adjusted balance at January 1, 2019
2,208

 
221

 
2,081

 
(2,762
)
 
34,070

 
576

 
(19,574
)
 
96

Net earnings

 

 

 

 
3,439

 

 

 
21

Other Comprehensive Income/(Loss)

 

 

 
1,242

 

 

 

 

Celgene acquisition
715

 
71

 
42,721

 

 

 

 

 

Cash dividends declared(c)

 

 

 

 
(3,035
)
 

 

 

Share repurchase program

 

 
(1,400
)
 

 

 
105

 
(5,900
)
 

Stock compensation

 

 
307

 

 

 
(9
)
 
117

 

Distributions

 

 

 

 

 

 

 
(17
)
Balance at December 31, 2019
2,923

 
$
292

 
$
43,709

 
$
(1,520
)
 
$
34,474

 
672

 
$
(25,357
)
 
$
100


(a)
Cumulative effect resulting from adoption of ASU 2016-16.
(b)
Cumulative effect resulting from adoption of ASU 2014-09.
(c)
Cash dividends declared per common share were $1.68
Schedule of Comprehensive Income (Loss) [Table Text Block]
The components of Other Comprehensive Income/(Loss) were as follows:
 
Year Ended December 31,
 
2019
 
2018
 
2017
Dollars in Millions
Pretax
 
Tax
 
After Tax
 
Pretax
 
Tax
 
After Tax
 
Pretax
 
Tax
 
After Tax
Derivatives qualifying as cash flow hedges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Unrealized gains/(losses)
$
65

 
$
(7
)
 
$
58

 
$
86

 
$
(9
)
 
$
77

 
$
(101
)
 
$
33

 
$
(68
)
Reclassified to net earnings(a)
(103
)
 
13

 
(90
)
 
(4
)
 
(3
)
 
(7
)
 
19

 
(8
)
 
11

Derivatives qualifying as cash flow hedges
(38
)
 
6

 
(32
)
 
82

 
(12
)
 
70

 
(82
)
 
25

 
(57
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pension and postretirement benefits:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Actuarial (losses)/gains
(143
)
 
28

 
(115
)
 
(89
)
 
(3
)
 
(92
)
 
47

 
11

 
58

Amortization(b)
55

 
(11
)
 
44

 
65

 
(13
)
 
52

 
77

 
(31
)
 
46

Settlements(b)
1,640

 
(366
)
 
1,274

 
121

 
(28
)
 
93

 
167

 
(57
)
 
110

Pension and postretirement benefits
1,552

 
(349
)
 
1,203

 
97

 
(44
)
 
53

 
291

 
(77
)
 
214

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Available-for-sale securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Unrealized gains/(losses)
42

 
(9
)
 
33

 
(30
)
 
5

 
(25
)
 
38

 
6

 
44

Realized losses/(gains)(b)
3

 

 
3

 

 

 

 
(7
)
 
2

 
(5
)
Available-for-sale securities
45

 
(9
)
 
36

 
(30
)
 
5

 
(25
)
 
31

 
8

 
39

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign currency translation
43

 
(8
)
 
35

 
(245
)
 
(9
)
 
(254
)
 
(20
)
 
38

 
18

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Comprehensive Income/(Loss)
$
1,602

 
$
(360
)
 
$
1,242

 
$
(96
)
 
$
(60
)
 
$
(156
)
 
$
220

 
$
(6
)
 
$
214

(a)
Included in Cost of products sold.
(b)
Included in
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
The accumulated balances related to each component of Other Comprehensive Income/(Loss), net of taxes, were as follows:
 
December 31,
Dollars in Millions
2019
 
2018
Derivatives qualifying as cash flow hedges
$
19

 
$
51

Pension and postretirement benefits
(899
)
 
(2,102
)
Available-for-sale securities
6

 
(30
)
Foreign currency translation
(646
)
 
(681
)
Accumulated other comprehensive loss
$
(1,520
)
 
$
(2,762
)