ACCRUED AND OTHER CURRENT LIABILITIES

12 Months Ended

Dec. 31, 2016

Payables and Accruals [Abstract]

ACCRUED AND OTHER CURRENT LIABILITIES

ACCRUED AND OTHER CURRENT LIABILITIES

Accrued and other current liabilities as of December 31, 2016 and 2015 were as follows:

(in millions)	2016		2015
Product rebates	$	897	$	902
Product returns	708		626
Interest	337		328
Income taxes payable	213		221
Employee costs	198		243
Legal liabilities assumed in the Salix Acquisition (See Note 20)	281		315
Professional fees	93		53
Royalties	69		84
Advertising and promotion	50		77
Restructuring and integration costs	38		61
Value added tax	27		37
Deferred income	26		17
Deferred consideration assumed in the Sprout Acquisition and other deferred consideration	18		516
Capital expenditures	17		17
Accrued milestones	12		49
Legal settlements and related fees	7		12
Short-term borrowings	6		16
Liabilities for uncertain tax positions	—		7
Other	178		278
	$	3,175	$	3,859