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INVENTORIES
12 Months Ended
Dec. 31, 2011
Inventories [Abstract]  
Inventories [Text Block]

Note 12. INVENTORIES

 

Inventories include:

 December 31,
Dollars in Millions2011 2010
Finished goods$ 478 $ 397
Work in process  646   608
Raw and packaging materials  260   199
Inventories$ 1,384 $ 1,204

Inventories expected to remain on-hand beyond one year are included in non-current other assets and were $260 million (including $92 million of capitalized costs which are subject to regulatory approval prior to being sold) at December 31, 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.