RECEIVABLES

9 Months Ended

Sep. 30, 2011

Receivables [Abstract]

Receivables [Text Block]

Note 9. RECEIVABLES

Receivables include:

	September 30,		December 31,
Dollars in Millions	2011		2010
Trade receivables	$	2,305	$	2,092
Less allowances		124		107
Net trade receivables		2,181		1,985
Alliance partners receivables		1,075		1,076
Prepaid and refundable income taxes		271		223
Miscellaneous receivables		160		196
Receivables	$	3,687	$	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 $935 million and $734 million at September 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 $806 million and $674 million for the nine months endedSeptember 30, 2011 and 2010, respectively. In the aggregate, receivables due from three pharmaceutical wholesalers in the U.S. represented 56% and 51% of total trade receivables at September 30, 2011 and December 31, 2010, respectively.