RECEIVABLES

6 Months Ended

Jun. 30, 2011

Receivables [Abstract]

Receivables [Text Block]

Note 8. RECEIVABLES

Receivables include:

	June 30,		December 31,
Dollars in Millions	2011		2010
Trade receivables	$	2,237	$	2,092
Less allowances		121		107
Net trade receivables		2,116		1,985
Alliance partners receivables		1,314		1,076
Prepaid and refundable income taxes		426		223
Miscellaneous receivables		203		196
Receivables	$	4,059	$	3,480

Receivables are netted with deferred income related to alliance partners until recognition of income. As a result, alliance partner receivables and deferred income were reduced by $953 million and $734 million at June 30, 2011 and December 31, 2010, respectively. For additional information regarding alliance partners, see “—Note 2. Alliances and Collaborations.” Non-U.S. receivables sold on a nonrecourse basis were $525 million and $447 million for the six months endedJune 30, 2011 and 2010, respectively. In the aggregate, receivables due from three pharmaceutical wholesalers in the U.S. represented 54% and 51% of total trade receivables at June 30, 2011 and December 31, 2010, respectively.