OTHER (INCOME)/EXPENSE

12 Months Ended

Dec. 31, 2012

Other (Income)/Expense [Abstract]

Other (Income)/Expense [Text Block]

Note 5. OTHER (INCOME)/EXPENSE

Other (income)/expense includes:

		Year Ended December 31,
Dollars in Millions	2012		2011		2010
Interest expense	$	182	$	145	$	145
Investment income		(106)		(91)		(75)
Provision for restructuring (See Note 6)		174		116		113
Litigation charges/(recoveries)		(45)		6		(2)
Equity in net income of affiliates		(183)		(281)		(313)
Impairment and loss on sale of manufacturing operations		-		-		236
Out-licensed intangible asset impairment		38		-		-
Gain on sale of product lines, businesses and assets		(53)		(37)		(39)
Other income received from alliance partners, net		(312)		(140)		(137)
Pension curtailments and settlements		158		10		28
Other		67		(62)		(49)
Other (income)/expense	$	(80)	$	(334)	$	(93)