BRISTOL MYERS SQUIBB CO | 2013 | FY | 3


Note 15. ACCRUED EXPENSES

Accrued expenses include:
 
 
December 31,
Dollars in Millions
 
2013
 
2012
Employee compensation and benefits
 
$
735

 
$
844

Royalties
 
173

 
152

Accrued research and development
 
380

 
418

Restructuring - current
 
73

 
120

Pension and postretirement benefits
 
47

 
49

Accrued litigation
 
65

 
162

Other
 
679

 
828

Total accrued expenses
 
$
2,152

 
$
2,573


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