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SUPPLEMENTAL FINANCIAL INFORMATION
9 Months Ended
Sep. 30, 2023
Supplemental Financial Information [Abstract]  
Supplemental Financial Information SUPPLEMENTAL FINANCIAL INFORMATION
Dollars in millionsSeptember 30,
2023
December 31, 2022
Income taxes$4,933 $3,547 
Research and development714 579 
Contract assets410 504 
Restricted cash(a)
54 148 
Other1,096 1,017 
Other current assets$7,207 $5,795 

Dollars in millionsSeptember 30,
2023
December 31, 2022
Equity investments (Note 9)$1,557 $2,187 
Operating leases1,367 1,220 
Inventories847 484 
Pension and postretirement296 285 
Research and development427 496 
Restricted cash(a)
— 54 
Receivables and convertible notes
432 — 
Other288 214 
Other non-current assets$5,214 $4,940 
(a)    Restricted cash primarily consists of funds restricted for annual Company contributions to the defined contribution plan in the U.S. and escrow for litigation settlements. Cash is restricted when withdrawal or general use is contractually or legally restricted. As of September 30, 2022, restricted cash of $223 million was included in Cash, cash equivalents and restricted cash in the consolidated statement of cash flows.

Dollars in millionsSeptember 30,
2023
December 31, 2022
Rebates and discounts$7,782 $6,702 
Income taxes1,458 942 
Employee compensation and benefits876 1,425 
Research and development1,307 1,359 
Dividends1,160 1,196 
Interest371 321 
Royalties427 431 
Operating leases150 136 
Other1,651 2,074 
Other current liabilities$15,182 $14,586 
Dollars in millionsSeptember 30,
2023
December 31, 2022
Income taxes $3,215 $3,992 
Pension and postretirement386 402 
Operating leases1,513 1,261 
Deferred income316 283 
Deferred compensation384 349 
Other389 303 
Other non-current liabilities$6,203 $6,590