ACCRUED LIABILITIES

6 Months Ended

Jun. 30, 2013

ACCRUED LIABILITIES

ACCRUED LIABILITIES

Forest Products accrued liabilities were comprised of the following:

DOLLAR AMOUNTS IN MILLIONS	JUNE 30, 2013		DECEMBER 31, 2012
Wages, salaries and severance pay	$	129	$	139
Pension and postretirement	57		58
Vacation pay	48		46
Income taxes	16		—
Taxes – Social Security and real and personal property	34		27
Interest	95		99
Customer rebates and volume discounts	39		44
Deferred income	61		60
Other	94		97
Total	$	573	$	570