Rendering

Component: (Network and Table)
Network
2302302 - Disclosure - Summary of Significant Accounting Policies (Tables)
(http://www.abbvie.com/role/SummaryOfSignificantAccountingPoliciesTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001551152 (http://www.sec.gov/CIK)
Accounting Policies [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Accounting Policies [Abstract]
 
Schedule of inventories, net
Inventories are valued at the lower of cost (first-in, first-out basis) or market. Cost includes material and conversion costs. Inventories consisted of the following:
as of December 31 (in millions)
2016
 
2015
Finished goods
$
223

 
$
469

Work-in-process
1,080

 
1,081

Raw materials
141

 
169

Inventories
$
1,444

 
$
1,719

  
Schedule of property and equipment, net
Property and Equipment
as of December 31 (in millions)
2016
 
2015
Land
$
46

 
$
46

Buildings
1,344

 
1,284

Equipment
5,726

 
5,656

Construction in progress
410

 
348

Property and equipment, gross
7,526

 
7,334

Less accumulated depreciation
(4,922
)
 
(4,769
)
Property and equipment, net
$
2,604

 
$
2,565