Balance Sheet Components

Selected balance sheet components consist of the following:



(In thousands)	June 30, 2013		December 31, 2012
Inventories:
Raw materials	$	526,050	$	455,958
Work in process	264,409		268,191
Finished goods	846,914		801,093
	$	1,637,373	$	1,525,242



Property, plant and equipment:
Land and improvements	$	76,210	$	73,857
Buildings and improvements	668,726		665,058
Machinery and equipment	1,524,122		1,436,904
Construction in progress	283,333		308,192
	2,552,391		2,484,011
Less accumulated depreciation	1,120,936		1,086,795
	$	1,431,455	$	1,397,216



Other current liabilities:
Legal and professional accruals, including litigation accruals	$	130,698	$	122,083
Payroll and employee benefit plan accruals	216,539		266,650
Accrued sales allowances	205,571		202,891
Accrued interest	83,166		72,590
Fair value of financial instruments	59,816		29,051
Other	293,890		290,281
	$	989,680	$	983,546

The value of contingent consideration included in other long-term obligations in the Condensed Consolidated Balance Sheets is $383.0 million and $379.2 million at June 30, 2013 and December 31, 2012, respectively. Included in prepaid expenses and other current assets is $52.0 million and $1.5 million of restricted cash at June 30, 2013 and December 31, 2012, respectively.