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ACCRUED LIABILITIES (Tables)
12 Months Ended
Dec. 31, 2015
Accrued Liabilities
Accrued liabilities were comprised of the following:
DOLLAR AMOUNTS IN MILLIONS
  
DECEMBER 31,
2015

DECEMBER 31,
2014

Wages, salaries and severance pay
$
150

$
161

Pension and postretirement
44

47

Vacation pay
46

47

Taxes – Social Security and real and personal property
24

24

Interest
104

105

Customer rebates and volume discounts
46

46

Deferred income
52

75

Other
83

82

Total
$
549

$
587