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Other Income, Net (Schedule of Other Income) (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Other Income and Expenses [Abstract]    
Cozaar/Hyzaar income $ 25 $ 48
Royalty income 41 31
Interest income 23 28
Equity in earnings (losses) of affiliates, Excluding Exchange Gains Losses 10 48
Net (losses) gains on sales of assets 5 6
Net exchange gains (losses) (80) [1] (143) [1]
Miscellaneous income and expenses, net 2 [2] 7 [2]
Total $ 26 $ 25
[1] The company routinely uses foreign currency exchange contracts to offset its net exposures, by currency, related to the foreign currency-denominated monetary assets and liabilities. The objective of this program is to maintain an approximately balanced position in foreign currencies in order to minimize, on an after-tax basis, the effects of exchange rate changes on net monetary asset positions. The net pre-tax exchange gains and losses are recorded in other income, net and the related tax impact is recorded in provision for income taxes on the interim Consolidated Income Statements.
[2] Miscellaneous income and expenses, net, generally includes interest items, insurance recoveries, litigation settlements and other items.