DEFERRED INCOME

12 Months Ended

Dec. 31, 2011

Deferred Income [Abstract]

Deferred Income [Text Block]

Note 17. DEFERRED INCOME

Deferred income includes:

	December 31,
Dollars in Millions	2011		2010
Upfront, milestone and other licensing receipts	$	882	$	797
ATRIPLA* deferred revenue		113		227
Gain on sale-leaseback transactions		120		147
Other		88		126
Total deferred income	$	1,203	$	1,297
Current portion	$	337	$	402
Non-current portion		866		895

Upfront, milestone and other licensing receipts are being amortized over the expected life of the product. See “Note 3. Alliances and Collaborations” for information pertaining to revenue recognition and other transactions with alliances and collaborations. The deferred gains on several sale-leaseback transactions are being amortized over the remaining lease terms of the related facilities through 2018 and were $28 million in 2011, $27 million in 2010 and $28 million in 2009.