Supplemental Balance Sheet Information

12 Months Ended

Dec. 31, 2014

Supplemental Balance Sheet Information [Abstract]

SUPPLEMENTAL BALANCE SHEET INFORMATION

SUPPLEMENTAL BALANCE SHEET INFORMATION

Components of selected captions in our accompanying consolidated balance sheets are as follows:

Trade accounts receivable, net

	As of
(in millions)	December 31, 2014			December 31, 2013
Accounts receivable	$	1,288		$	1,419
Less: allowance for doubtful accounts	(76		)	(81		)
Less: allowance for sales returns	(29		)	(31		)
	$	1,183		$	1,307

The following is a rollforward of our allowance for doubtful accounts for 2014, 2013 and 2012:

	Year Ended December 31,
(in millions)	2014			2013			2012
Beginning balance	$	81		$	88		$	81
Net charges to expenses	10			5			14
Utilization of allowances	(15		)	(12		)	(7		)
Ending balance	$	76		$	81		$	88

Inventories

	As of
(in millions)	December 31, 2014		December 31, 2013
Finished goods	$	649	$	598
Work-in-process	97		90
Raw materials	200		209
	$	946	$	897

Property, plant and equipment, net

	As of
(in millions)	December 31, 2014		December 31, 2013
Land	$	80	$	81
Buildings and improvements	944		917
Equipment, furniture and fixtures	2,633		2,461
Capital in progress	189		211
	3,846		3,670
Less: accumulated depreciation	2,339		2,124
	$	1,507	$	1,546

Accrued expenses

	As of
(in millions)	December 31, 2014		December 31, 2013
Legal reserves	$	694	$	84
Payroll and related liabilities	512		488
Accrued contingent consideration	158		148
Other	586		628
	$	1,950	$	1,348

Other long-term liabilities

	As of
(in millions)	December 31, 2014		December 31, 2013
Accrued income taxes	$	1,231	$	1,283
Legal reserves	883		523
Accrued contingent consideration	116		353
Other long-term liabilities	436		410
	$	2,666	$	2,569