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Other Current Liabilities and Other Liabilities
6 Months Ended
Jun. 29, 2018
Other Liabilities Disclosure [Abstract]  
Other Current Liabilities and Other Liabilities
. Other Current Liabilities and Other Liabilities
The table below presents the components of other current liabilities.
 
June 29,
2018
 
December 31,
2017
 
(in millions)
Other Current Liabilities:
 

 
 

Accrued product warranty costs
$
75

 
$
69

Estimated costs in excess of estimated contract value to complete contracts in process in a loss position
55

 
63

Accrued interest
28

 
43

Estimated contingent purchase price payable for acquired businesses and other investments (see Note 16)
17

 
11

Deferred revenues

 
38

Other
163

 
143

Total other current liabilities
$
338


$
367


The table below presents the components of other liabilities.
 
June 29,
2018
 
December 31,
2017
 
(in millions)
Other Liabilities:
 

 
 

Non-current income taxes payable (see Note 12)
$
179

 
$
164

Deferred compensation
53

 
49

Contract liabilities (see Note 6)
33

 

Accrued workers' compensation
24

 
23

Accrued product warranty costs
23

 
30

Notes payable and capital lease obligations
19

 
16

Estimated contingent purchase price payable for acquired businesses (see Note 16)
10

 
20

Deferred revenues

 
19

Other
75

 
77

Total other liabilities
$
416


$
398


The table below presents the changes in the Company’s accrued product warranty costs.
 
First Half Ended
 
June 29,
2018
 
June 30,
2017
 
(in millions)
Accrued product warranty costs:
 

 
 

Balance at January 1
$
99

 
$
109

Acquisitions during the period

 
3

Accruals for product warranties issued during the period
25

 
22

Changes to accruals for product warranties existing before January 1
1

 

Settlements made during the period
(26
)
 
(29
)
Foreign currency translation adjustments
(1
)
 
1

Balance at end of period
$
98

 
$
106