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Other Financial Information
3 Months Ended
Mar. 31, 2018
Other Financial Information [Abstract]  
Other Financial Information
OTHER FINANCIAL INFORMATION
Inventories
Inventories are summarized as follows (in millions):
 
 
March 31, 2018
 
December 31, 2017
Raw materials
 
$
1,865

 
$
1,880

Work in process
 
306

 
352

Finished goods
 
707

 
670

Total
 
$
2,878

 
$
2,902

 
 
 
 
 
Reported as:
 
 
 
 
Inventories
 
$
885

 
$
801

Other long-term assets
 
1,993

 
2,101

Total
 
$
2,878

 
$
2,902


Amounts reported as other long-term assets primarily consisted of raw materials as of March 31, 2018 and December 31, 2017.
Other Accrued Liabilities
The components of other accrued liabilities are summarized as follows (in millions):
 
 
March 31, 2018
 
December 31, 2017
Income taxes payable
 
$
66

 
$
713

Compensation and employee benefits
 
324

 
455

Branded prescription drug fee
 
313

 
284

Other accrued expenses
 
1,711

 
1,918

Total
 
$
2,414

 
$
3,370