INVENTORIES

12 Months Ended

Dec. 31, 2021

Inventory, Net [Abstract]

Inventories

INVENTORIES

	December 31,
Dollars in Millions	2021		2020
Finished goods	$	543	$	932
Work in process	2,111		2,015
Raw and packaging materials	350		207
Total Inventories	$	3,004	$	3,154
Inventories	$	2,095	$	2,074
Other non-current assets	909		1,080

Total inventories include fair value adjustments resulting from the Celgene acquisition of approximately $508 million and $774 million at December 31, 2021 and 2020, respectively, which will be recognized in future periods. Other non-current assets include inventory expected to remain on hand beyond 12 months in both periods.