FINANCIAL EXPENSES NET

12 Months Ended

Dec. 31, 2017

Financial Expenses Net [Abstract]

Financial Expenses - Net

NOTE 17—FINANCIAL EXPENSES- NET:
		Year ended December, 31
		2017		2016		2015
		(U.S. $ in millions)
	Venezuela devaluation (1)	$	42	$	746	$	-
	Interest expenses and other bank charges		875		546		270
	Income from investments		(84)		(51)		(34)
	Foreign exchange (gains) losses - net		65		(49)		(9)
	Other, net (2)		(3)		2		142
	Other-than-temporary impairment (3)		-		136		631
	Total finance expense — net	$	895	$	1,330	$	1,000
	(1) For further information regarding the Venezuela devaluation, refer to note 1a.
	(2) Expenses in 2015 were comprised mainly of expenses relating to the debt tender offer and the termination of related swap agreements.
	(3) Other-than-temporary impairment in 2015 relates mainly to the Company holdings in Mylan shares.