EMPLOYEE STOCK BENEFIT PLANS

9 Months Ended

Sep. 30, 2022

Share-Based Payment Arrangement [Abstract]

Employee Stock Benefit Plans

EMPLOYEE STOCK BENEFIT PLANS

Stock-based compensation expense was as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
Dollars in Millions	2022		2021		2022		2021
Cost of products sold	$	11	$	14	$	30	$	44
Marketing, selling and administrative	48		59		144		184
Research and development	56		66		164		210
Other (income)/expense, net	—		3		—		12
Total stock-based compensation expense	$	115	$	142	$	338	$	450
Income tax benefit(a)	$	23	$	29	$	67	$	93

(a)    Income tax benefit excludes excess tax benefits from share-based compensation awards that were vested or exercised of $4 million and $63 million for the three and nine months ended September 30, 2022 and $7 million and $36 million for the three and nine months ended September 30, 2021, respectively.

The number of units granted and the weighted-average fair value on the grant date for the nine months ended September 30, 2022 were as follows:

Units in Millions	Units	Weighted-Average Fair Value
Restricted stock units	8.1	$	63.86
Market share units	1.0	60.74
Performance share units	1.4	66.76

Dollars in Millions	Restricted Stock Units		Market Share Units		Performance Share Units
Unrecognized compensation cost	$	810	$	62	$	111
Expected weighted-average period in years of compensation cost to be recognized	2.9		3.0		1.8