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INVENTORIES
9 Months Ended
Sep. 30, 2011
Inventories [Abstract] 
Inventories [Text Block]

Note 10. INVENTORIES

 

Inventories include:

 September 30, December 31,
Dollars in Millions2011 2010
Finished goods$ 443 $ 397
Work in process  709   608
Raw and packaging materials  205   199
Inventories$ 1,357 $ 1,204

In addition, inventories expected to remain on-hand beyond one year are included in non-current assets and were $167 million (including $60 million of capitalized costs which are subject to regulatory approval prior to being sold) at September 30, 2011 and $297 million at December 31, 2010. The status of the regulatory approval process and the probability of future sales were considered in assessing the recoverability of these costs.