ACCRUED LIABILITIES

9 Months Ended

Sep. 30, 2014

ACCRUED LIABILITIES

ACCRUED LIABILITIES

Accrued liabilities were comprised of the following:

DOLLAR AMOUNTS IN MILLIONS	SEPTEMBER 30, 2014		DECEMBER 31, 2013
Wages, salaries and severance pay	$	152	$	159
Pension and postretirement	56		57
Vacation pay	47		48
Income taxes	2		4
Taxes – Social Security and real and personal property	37		32
Interest	73		104
Customer rebates and volume discounts	42		50
Deferred income	83		82
Other	114		93
Total	$	606	$	629