REVENUE RECOGNITION (Tables)

9 Months Ended

Sep. 30, 2019

Revenue from Contract with Customer [Abstract]

Summary of variable consideration provisions

The following tables present the activity and ending balances of the Company’s variable consideration provisions for the nine months ended September 30, 2019 and 2018.

	Nine Months Ended September 30, 2019
(in millions)	Discounts and Allowances			Returns			Rebates			Chargebacks			Distribution Fees			Total
Reserve balances, January 1, 2019	$	175		$	813		$	1,024		$	209		$	163		$	2,384
Acquisition of Synergy	—			3			12			—			1			16
Current period provisions	585			50			1,650			1,425			150			3,860
Payments and credits	(583		)	(187		)	(1,673		)	(1,480		)	(181		)	(4,104		)
Reserve balances, September 30, 2019	$	177		$	679		$	1,013		$	154		$	133		$	2,156

Included in Rebates in the table above are cooperative advertising credits due to customers of approximately $26 million and $26 million as of September 30, 2019 and January 1, 2019, respectively, which are reflected as a reduction of Trade receivables, net in the Consolidated Balance Sheets. There were no price appreciation credits for the nine months ended September 30, 2019.

	Nine Months Ended September 30, 2018
(in millions)	Discounts and Allowances			Returns			Rebates			Chargebacks			Distribution Fees			Total
Reserve balances, January 1, 2018	$	167		$	863		$	1,094		$	274		$	148		$	2,546
Current period provisions	643			209			1,976			1,462			178			4,468
Payments and credits	(632		)	(264		)	(1,939		)	(1,512		)	(167		)	(4,514		)
Reserve balances, September 30, 2018	$	178		$	808		$	1,131		$	224		$	159		$	2,500