Inventories

6 Months Ended

Jun. 30, 2016

Inventory Disclosure [Abstract]

Inventory Disclosure

7.       Inventories

At June 30, 2016, inventories include $4,823.6 million in respect of the fair value of inventories acquired with Baxalta, stated at fair value (being estimated selling price less estimated costs to complete and sell). All other inventories are stated at the lower of cost or market. Inventories comprise:

	June 30,	December 31,
	2016	2015
	$’M	$’M
	____________	____________
Finished goods	1,389.2	184.9
Work-in-progress	3,409.0	302.0
Raw materials	1,000.5	148.5
	____________	____________
	5,798.7	635.4
	____________	____________