v3.25.4
RECEIVABLES (Tables)
12 Months Ended
Dec. 31, 2025
Accounts Receivable, after Allowance for Credit Loss [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable
 December 31,
Dollars in millions20252024
Trade receivables$11,370 $9,957 
Less charge-backs and cash discounts(1,720)(900)
Less allowance for expected credit loss(58)(45)
Net trade receivables9,592 9,012 
Alliance, royalties, VAT and other1,821 1,735 
Receivables$11,414 $10,747 
Accounts Receivable, Allowance for Credit Loss
Changes to the allowance for expected credit loss, charge-backs and cash discounts were as follows:
 Year Ended December 31,
Dollars in millions202520242023
Beginning balance
$945 $669 $697 
Provision
14,089 11,551 9,158 
Utilization(13,263)(11,272)(9,186)
Other(3)— 
Ending balance
$1,779 $945 $669