Supplemental Balance Sheet Information

12 Months Ended

Dec. 31, 2016

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, 2016			December 31, 2015
Accounts receivable	$	1,591		$	1,394
Less: allowance for doubtful accounts	(73		)	(75		)
Less: allowance for sales returns	(46		)	(44		)
	$	1,472		$	1,275

The following is a rollforward of our allowance for doubtful accounts for 2016, 2015 and 2014:

	Year Ended December 31,
(in millions)	2016			2015			2014
Beginning balance	$	75		$	76		$	81
Net charges to expenses	9			15			10
Utilization of allowances	(11		)	(16		)	(15		)
Ending balance	$	73		$	75		$	76

Inventories

	As of
(in millions)	December 31, 2016		December 31, 2015
Finished goods	$	625	$	706
Work-in-process	94		102
Raw materials	236		208
	$	955	$	1,016

Prepaids and other current assets

	As of
(in millions)	December 31, 2016		December 31, 2015
Prepaid expenses	$	58	$	57
Restricted cash	243		54
Other	240		254
	$	541	$	365

Property, plant and equipment, net

	As of
(in millions)	December 31, 2016		December 31, 2015
Land	$	91	$	86
Buildings and improvements	981		981
Equipment, furniture and fixtures	2,955		2,793
Capital in progress	338		202
	4,365		4,062
Less: accumulated depreciation	2,735		2,572
	$	1,630	$	1,490

Accrued expenses

	As of
(in millions)	December 31, 2016		December 31, 2015
Legal reserves	$	1,062	$	773
Payroll and related liabilities	572		504
Accrued contingent consideration	63		119
Other	615		574
	$	2,312	$	1,970

Other long-term liabilities

	As of
(in millions)	December 31, 2016		December 31, 2015
Accrued income taxes	$	781	$	1,253
Legal reserves	961		1,163
Accrued contingent consideration	141		127
Other long-term liabilities	455		431
	$	2,338	$	2,974