ACCRUED AND OTHER CURRENT LIABILITIES (Tables)

6 Months Ended

Jun. 30, 2017

Payables and Accruals [Abstract]

Schedule of accrued and other current liabilities

Accrued and other current liabilities were as follows:

(in millions)	2017		2016
Product rebates	$	979	$	897
Product returns	788		708
Interest	368		337
Income taxes payable	163		213
Legal liabilities assumed in the Salix Acquisition	56		281
Employee compensation and benefit costs	228		198
Professional fees	92		93
Litigation matters and related fees	106		7
Royalties	60		69
Acquisition-related contingent consideration	52		52
Advertising and promotion	55		50
Restructuring and integration costs	33		38
Value added tax	35		27
Deferred revenue	28		26
Deferred consideration for business acquisitions	18		18
Capital expenditures	10		17
Accrued milestones	12		12
Short-term borrowings	—		6
Other	176		178
	$	3,259	$	3,227