ACCRUED LIABILITIES

6 Months Ended

Jun. 30, 2014

ACCRUED LIABILITIES

ACCRUED LIABILITIES

Accrued liabilities were comprised of the following:

DOLLAR AMOUNTS IN MILLIONS	JUNE 30, 2014		DECEMBER 31, 2013
Wages, salaries and severance pay	$	135	$	159
Pension and postretirement	57		57
Vacation pay	48		48
Income taxes	2		4
Taxes – Social Security and real and personal property	34		32
Interest	104		104
Customer rebates and volume discounts	36		50
Deferred income	75		82
Other	106		93
Total	$	597	$	629