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ACCRUED LIABILITIES
12 Months Ended
Dec. 31, 2013
ACCRUED LIABILITIES
ACCRUED LIABILITIES
Accrued liabilities were comprised of the following:
DOLLAR AMOUNTS IN MILLIONS
  
DECEMBER 31,
2013

DECEMBER 31,
2012

Wages, salaries and severance pay
$
174

$
160

Pension and postretirement
57

58

Vacation pay
52

50

Income taxes
4


Taxes – Social Security and real and personal property
36

29

Interest
104

100

Customer rebates and volume discounts
50

44

Deferred income
98

71

Estimated cost for real estate development completion
48

30

Other
119

120

Total
$
742

$
662