ACCRUED LIABILITIES

9 Months Ended

Sep. 30, 2011

ACCRUED LIABILITIES

ACCRUED LIABILITIES

Forest Products accrued liabilities were comprised of the following:

DOLLAR AMOUNTS IN MILLIONS	SEPTEMBER 30, 2011		DECEMBER 31, 2010
Wages, salaries and severance pay	$	154	$	165
Pension and postretirement	70		70
Vacation pay	46		50
Income taxes	85		65
Taxes – Social Security and real and personal property	37		28
Interest	68		110
Customer rebates and volume discounts	50		63
Deferred income	65		51
Other	97		132
Total	$	672	$	734