Inventories

12 Months Ended

Dec. 31, 2015

Inventory Disclosure [Abstract]

Inventories

Inventories

The following table provides the components of Inventories:
	As of December 31,
(MILLIONS OF DOLLARS)	2015		2014
Finished goods	$	2,714	$	1,905
Work in process	3,932		3,248
Raw materials and supplies	867		510
Inventories(a)	$	7,513	$	5,663
Noncurrent inventories not included above(b)	$	594	$	425

^(a)  Increase primarily due to the acquisition of Hospira inventories, which were recorded at fair value. For additional information, see Note 2A.

^(b)  Included in Other noncurrent assets. There are no recoverability issues associated with these amounts.