Other Current Liabilities and Other Liabilities (Tables)

6 Months Ended

Jun. 29, 2018

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