OTHER CURRENT LIABILITIES

Other current liabilities are summarized as follows (in millions):



	September 30,
	2014		2013
Compensation and benefits	$	146	$	141
Income taxes	8		8
Taxes other than income taxes	50		47
Accrued interest	15		16
Product warranties	27		20
Restructuring (see Note 5)	9		9
Asbestos-related liabilities (see Note 22)	17		18
Indemnity obligations (see Note 22)	11		12
Other	68		68
Other current liabilities	$	351	$	339

The company records estimated product warranty costs at the time of shipment of products to customers. Warranty reserves are primarily based on factors that include past claims experience, sales history, product manufacturing and engineering changes and industry developments. Liabilities for product recall campaigns are recorded at the time the company’s obligation is probable and can be reasonably estimated. Policy repair actions to maintain customer relationship are recorded as other liabilities at the time an obligation is probable and can be reasonably estimated. Product warranties, including recall campaigns, not expected to be paid within one year are recorded as a non-current liability.

A summary of the changes in product warranties is as follows (in millions):



	September 30,
	2014			2013			2012
Total product warranties – beginning of year	$	57		$	44		$	48
Accruals for product warranties ⁽¹⁾	22			31			22
Payments	(22		)	(20		)	(18		)
Change in estimates and other	(6		)	2			(8		)
Total product warranties – end of year	51			57			44
Less: non-current product warranties (see Note 14)	(24		)	(37		)	(28		)
Product warranties – current	$	27		$	20		$	16

⁽¹⁾ Includes an accrual of $12 million for a specific warranty contingency related to a non-safety, product performance issue recognized during fiscal year 2013. Of the $12 million, $8 million was reversed in fiscal year 2014 as the company moved from a full recall campaign to a fix-as-find approach (see Note 22).