INVENTORIES (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Finished goods	$ 594	$ 509
Work in process	1,940	1,850
Raw and packaging materials	594	464
Total inventories	3,128	2,823
Inventories	2,605	2,339
Other non-current assets	523	484
Inventory Purchase Price Fair Value Adjustment
Inventories, fair value adjustment	$ 32	$ 84

This represents the total inventory, current and non-current, as of the balance sheet date.

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- Definition

The amount of inventory recognized as of the acquisition date.

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- Definition

Carrying amount, net of valuation reserves and adjustments, as of the balance sheet date of merchandise or goods held by the company that are readily available for sale.

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- Definition

Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.

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- Definition

Inventories not expected to be converted to cash, sold or exchanged within the normal operating cycle.

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- Definition

Aggregated amount of unprocessed materials to be used in manufacturing or production process and supplies that will be consumed. This amount is net of valuation reserves and adjustments.

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Carrying amount, net of reserves and adjustments, as of the balance sheet date of merchandise or goods which are partially completed. This inventory is generally comprised of raw materials, labor and factory overhead costs, which require further materials, labor and overhead to be converted into finished goods, and which generally require the use of estimates to determine percentage complete and pricing.

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