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RESTRUCTURING

12 Months Ended

Dec. 31, 2012

Note 6. RESTRUCTURING

The following is the provision for restructuring:

	Year Ended December 31,
Dollars in Millions	2012		2011		2010
Employee termination benefits	$	145	$	85	$	102
Other exit costs		29		31		11
Provision for restructuring	$	174	$	116	$	113

Restructuring charges included termination benefits for workforce reductions of manufacturing, selling, administrative, and research and development personnel across all geographic regions of approximately 1,205 in 2012, 822 in 2011 and 995 in 2010.

The following table represents the activity of employee termination and other exit cost liabilities:

	Year Ended December 31,
Dollars in Millions	2012		2011		2010
Liability at January 1	$	77	$	126	$	173
Charges		178		128		121
Change in estimates		(4)		(12)		(8)
Provision for restructuring		174		116		113
Foreign currency translation		(1)		2		(5)
Amylin acquisition		26		-		-
Spending		(109)		(167)		(155)
Liability at December 31	$	167	$	77	$	126

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

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