INVENTORIES



Dollars in Millions	September 30, 2017		December 31, 2016
Finished goods	$	380	$	310
Work in process	956		988
Raw and packaging materials	224		264
Total inventories	$	1,560	$	1,562

Inventories	$	1,250	$	1,241
Other assets	310		321

Inventories of $120 million are included in assets held-for-sale as of September 30, 2017 due to the expected transfer of manufacturing operations in Swords, Ireland to SK Biotek. Refer to "—Note 4. Acquisitions, Divestitures and Licensing Arrangements" for additional information. Other assets include inventory expected to remain on hand beyond one year in both periods and inventory pending regulatory approval of $54 million at December 31, 2016.