4. COMPOSITION OF CERTAIN FINANCIAL STATEMENT CAPTIONS
Components of selected captions in the consolidated balance sheets at December 31 are as follows:
|
December 31, | ||||||
---|---|---|---|---|---|---|---|
|
2013 | 2012 | |||||
|
(in millions) |
||||||
Accounts receivable, net(a) |
|||||||
Trade accounts receivable |
$ | 307.9 | $ | 326.7 | |||
Allowance for doubtful accounts |
(5.4 | ) | (5.6 | ) | |||
| | | | | | | |
|
$ | 302.5 | $ | 321.1 | |||
| | | | | | | |
| | | | | | | |
Inventories |
|||||||
Raw materials |
$ | 57.8 | $ | 49.5 | |||
Work in process |
82.2 | 58.8 | |||||
Finished products |
168.9 | 172.7 | |||||
| | | | | | | |
|
$ | 308.9 | $ | 281.0 | |||
| | | | | | | |
| | | | | | | |
Property, plant and equipment, net |
|||||||
Land |
$ | 21.6 | $ | 21.5 | |||
Buildings and leasehold improvements |
268.2 | 183.7 | |||||
Machinery and equipment |
307.6 | 278.9 | |||||
Equipment with customers |
40.2 | 40.2 | |||||
Software |
99.2 | 102.1 | |||||
Construction in progress |
27.9 | 68.1 | |||||
| | | | | | | |
|
764.7 | 694.5 | |||||
Accumulated depreciation |
(343.1 | ) | (321.2 | ) | |||
| | | | | | | |
|
$ | 421.6 | $ | 373.3 | |||
| | | | | | | |
| | | | | | | |
Long-term accounts receivable, net(a) |
|||||||
Long-term trade accounts receivable |
$ | 14.1 | $ | 16.3 | |||
Allowance for doubtful accounts |
(6.8 | ) | (6.4 | ) | |||
| | | | | | | |
|
$ | 7.3 | $ | 9.9 | |||
| | | | | | | |
| | | | | | | |
Accrued and other liabilities |
|||||||
Employee compensation and withholdings |
$ | 101.1 | $ | 102.7 | |||
Clinical trial accruals |
37.2 | 23.1 | |||||
Property, payroll and other taxes |
31.6 | 31.0 | |||||
Fair value of derivatives |
17.2 | — | |||||
Accrued rebates |
15.0 | 14.2 | |||||
Realignment reserves |
9.5 | 8.7 | |||||
Deferred income taxes |
7.2 | 8.7 | |||||
Taxes payable |
7.1 | 9.5 | |||||
Litigation reserves (Note 16) |
1.7 | 3.1 | |||||
Other accrued liabilities |
69.6 | 71.7 | |||||
| | | | | | | |
|
$ | 297.2 | $ | 272.7 | |||
| | | | | | | |
| | | | | | | |