ACCRUED AND OTHER CURRENT LIABILITIES

12 Months Ended

Dec. 31, 2013

Accrued Liabilities, Current [Abstract]

ACCRUED AND OTHER CURRENT LIABILITIES

ACCRUED AND OTHER CURRENT LIABILITIES

The major components of accrued and other current liabilities as of December 31, 2013 and 2012 were as follows:

	2013		2012
Product returns	$	225,457	$	171,099
Product rebates	566,655		369,339
Interest	227,423		131,462
Employee costs	201,223		69,345
Professional fees	46,271		29,950
Restructuring, integration and other costs (as described in note 6)	111,972		32,798
Royalties	37,590		24,523
Legal settlements and related fees (as described in note 24)	55,925		16,279
Liabilities for uncertain tax positions	8,667		14,395
Value added tax	25,872		12,892
Short-term borrowings	12,081		10,548
Deferred income	19,487		7,032
Income taxes payable	39,097		19,910
Capital expenditures	27,197		959
Advertising	8,507		11,432
Other	186,769		86,261
	$	1,800,193	$	1,008,224

The increase in accruals for capital expenditures is driven by the B&L business, which the Company acquired in August 2013.