Other Current Liabilities and Other Liabilities (Tables)

9 Months Ended

Sep. 25, 2015

The table below presents the components of other current liabilities.


	September 25, 2015		December 31, 2014
	(in millions)
Other Current Liabilities:
Accruals for pending and threatened litigation (see Note 17)	$	45	$	38
Estimated costs in excess of estimated contract value to complete contracts in process in a loss position		79		75
Accrued product warranty costs		59		59
Accrued interest		52		46
Deferred revenues		29		30
Other		132		150

Total other current liabilities	$	396	$	398

Other Liabilities

The table below presents the components of other liabilities.


	September 25, 2015		December 31, 2014
	(in millions)
Other Liabilities:
Non-current income taxes payable (see Note 10)	$	193	$	196
Deferred compensation		45		43
Accrued workers’ compensation		35		38
Accrued product warranty costs		34		34
Notes payable and capital lease obligations		9		1
Other		87		70

Total other liabilities	$	403	$	382

Changes in Company's Accrued Product Warranty Costs

The table below presents the changes in the Company’s accrued product warranty costs.


	Year-to-Date Ended
	September 25, 2015			September 26, 2014
	(in millions)
Accrued product warranty costs:⁽¹⁾
Balance at January 1	$	93		$	99
Acquisitions during the period		1			—
Accruals for product warranties issued during the period		46			53
Settlements made during the period		(46	)		(46	)
Foreign currency translation adjustments		(1	)		(1	)

Balance at end of period	$	93		$	105

⁽¹⁾

Warranty obligations incurred in connection with long-term production contracts that are accounted for under the POC cost-to-cost method are included within the contract estimates at completion and are excluded from the above amounts. The balances above include both the current and non-current amounts.