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ACCRUED LIABILITIES (Tables)
9 Months Ended
Sep. 30, 2015
Accrued Liabilities
Accrued liabilities were comprised of the following:
DOLLAR AMOUNTS IN MILLIONS
SEPTEMBER 30,
2015
 
DECEMBER 31,
2014
Wages, salaries and severance pay
$
139

 
$
161

Pension and other postretirement benefits
46

 
47

Vacation pay
46

 
47

Taxes – Social Security and real and personal property
37

 
24

Interest
73

 
105

Customer rebates and volume discounts
43

 
46

Deferred income
68

 
75

Other
102

 
82

Total
$
554

 
$
587