| SUPPLEMENTAL FINANCIAL INFORMATION |
SUPPLEMENTAL FINANCIAL INFORMATION | | | | | | | | | | | | | | December 31, | | Dollars in millions | 2025 | | 2024 | | Income taxes | $ | 2,920 | | | $ | 3,292 | | | Research and development | 753 | | | 754 | | | Contract assets | 192 | | | 385 | | | | | | | Other | 748 | | | 1,186 | | | Other current assets | $ | 4,613 | | | $ | 5,617 | |
| | | | | | | | | | | | | | December 31, | | Dollars in millions | 2025 | | 2024 | Equity investments (Note 9) | $ | 2,096 | | | $ | 1,736 | | | Operating leases (Note 14) | 1,582 | | | 1,224 | | Inventories (Note 12) | 1,650 | | | 1,569 | | Pension and postretirement | 330 | | | 234 | | Research and development | 250 | | | 336 | | | Receivables and convertible notes | 15 | | | 452 | | | Other | 551 | | | 554 | | | Other non-current assets | $ | 6,474 | | | $ | 6,105 | |
| | | | | | | | | | | | | | December 31, | | Dollars in millions | 2025 | | 2024 | | Rebates and discounts | $ | 8,844 | | | $ | 9,021 | | | Income taxes | 979 | | | 1,514 | | | Employee compensation and benefits | 1,561 | | | 1,694 | | | Research and development | 1,434 | | | 1,366 | | | Dividends | 1,283 | | | 1,258 | | | Interest | 484 | | | 572 | | | Royalties | 537 | | | 477 | | Operating leases (Note 14) | 202 | | | 181 | | | Other | 2,256 | | | 2,043 | | | Other current liabilities | $ | 17,581 | | | $ | 18,126 | |
| | | | | | | | | | | | | | December 31, | | Dollars in millions | 2025 | | 2024 | | Income taxes | $ | 1,407 | | | $ | 1,491 | | | Pension and postretirement | 330 | | | 400 | | Operating leases (Note 14) | 1,826 | | | 1,370 | | | Deferred income | 169 | | | 230 | | | Deferred compensation | 487 | | | 456 | | | Contingent value rights (Note 9) | 607 | | | 256 | | | Other | 216 | | | 266 | | | Other non-current liabilities | $ | 5,043 | | | $ | 4,469 | |
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