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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Revenues $ 6,263 $ 6,174 $ 6,304
Costs, Expenses and Other      
Cost of sales 2,515 2,294 2,382
Selling, general and administrative 1,893 1,704 1,668
Research and development 528 471 339
Acquired in-process research and development and milestones 8 107 104
Restructuring costs 62 28 3
Interest expense 527 422 258
Exchange losses 42 11 4
Other expense, net 15 15 17
Total, costs expenses and other 5,590 5,052 4,775
Income Before Income Taxes 673 1,122 1,529
Taxes on income (350) 205 178
Net Income From Continuing Operations 1,023 917 1,351
Loss From Discontinued Operations - Net of Tax 0 0 0
Net Income $ 1,023 $ 917 $ 1,351
Earnings per Share - Basic:      
Continuing operations (in dollars per share) $ 4.01 $ 3.61 $ 5.33
Discontinued operations (in dollars per share) 0 0 0
Net Earnings per Share - Basic (in dollars per share) 4.01 3.61 5.33
Earnings per Share - Diluted:      
Continuing operations (in dollars per share) 3.99 3.59 5.31
Discontinued operations (in dollars per share) 0 0 0
Net Earnings per Share - Diluted (in dollars per share) $ 3.99 $ 3.59 $ 5.31
Weighted Average Shares Outstanding:      
Basic (in shares) 255,239 254,082 253,538
Diluted (in shares) 256,270 255,169 254,193