ACCRUED LIABILITIES

9 Months Ended

Sep. 30, 2016

ACCRUED LIABILITIES

ACCRUED LIABILITIES

Accrued liabilities were comprised of the following:

DOLLAR AMOUNTS IN MILLIONS	SEPTEMBER 30, 2016		DECEMBER 31, 2015
Wages, salaries and severance pay	$	140	$	117
Pension and other postretirement benefits	50		44
Vacation pay	35		30
Taxes – Social Security and real and personal property	37		17
Interest	89		102
Customer rebates and volume discounts	37		31
Deferred income	54		28
Other	91		58
Total	$	533	$	427