v3.26.1
ACQUISITIONS, DIVESTITURES, LICENSING AND OTHER ARRANGEMENTS - Narrative (Details)
$ / shares in Units, $ in Millions
3 Months Ended 6 Months Ended 12 Months Ended 36 Months Ended
May 13, 2025
USD ($)
$ / shares
Sep. 30, 2026
USD ($)
Jun. 30, 2026
USD ($)
Mar. 31, 2026
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
Jun. 30, 2025
USD ($)
Dec. 31, 2028
USD ($)
Dec. 31, 2027
USD ($)
Dec. 31, 2026
May 31, 2026
assetDeveloped
Licensing Arrangements [Line Items]                      
Research and development     $ 2,959   $ 2,580 $ 5,608 $ 4,837        
2seventy bio                      
Licensing Arrangements [Line Items]                      
Asset acquisition, share price (in dollars per share) | $ / shares $ 5.00                    
Payments to acquire assets $ 287                    
Payments for asset acquisitions, net of cash acquired $ 114                    
Keytruda royalties | Forecast                      
Licensing Arrangements [Line Items]                      
Percentage of net sales payable to alliance partner                   2.50%  
Keytruda royalties | Forecast | Bristol-Myers Squibb                      
Licensing Arrangements [Line Items]                      
Payment and royalty allocation                   75.00%  
Keytruda royalties | Forecast | Ono                      
Licensing Arrangements [Line Items]                      
Payment and royalty allocation                   25.00%  
Hengrui License Agreements | Hengrui                      
Licensing Arrangements [Line Items]                      
Assets developed | assetDeveloped                     13
Hengrui License Agreements | Forecast | Hengrui                      
Licensing Arrangements [Line Items]                      
License and other arrangements upfront payments   $ 600                  
License and other arrangements anniversary payments               $ 175 $ 175    
Maximum aggregate contingent and regulatory milestone payments               $ 14,300      
Priority Review Voucher                      
Licensing Arrangements [Line Items]                      
Research and development     220                
Reblozyl License | Merck                      
Licensing Arrangements [Line Items]                      
Royalty expense     165   122 $ 289 228        
Reblozyl License | Merck | Minimum                      
Licensing Arrangements [Line Items]                      
Percentage of net sales payable to alliance partner           20.00%          
Reblozyl License | Merck | Maximum                      
Licensing Arrangements [Line Items]                      
Percentage of net sales payable to alliance partner           24.00%          
Winrevair* License | Merck                      
Licensing Arrangements [Line Items]                      
Percentage of net sales payable to alliance partner           22.00%          
Royalty expense     $ 131   $ 78 $ 255 $ 124        
Diabetes business - royalties                      
Licensing Arrangements [Line Items]                      
Percentage of net sales payable to alliance partner       14.00%