ACCRUED LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2012

Forest Products Accrued Liabilities

Forest Products accrued liabilities were comprised of the following:

DOLLAR AMOUNTS IN MILLIONS	MARCH 31, 2012		DECEMBER 31, 2011
Wages, salaries and severance pay	$	112	$	136
Pension and postretirement	64		63
Vacation pay	49		44
Income taxes	12		13
Taxes – Social Security and real and personal property	31		29
Interest	72		99
Customer rebates and volume discounts	32		54
Deferred income	58		59
Other	106		96
Total	$	536	$	593