Other Current Liabilities

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



	March 31, 2017		September 30, 2016
Compensation and benefits	$	95	$	115
Income taxes	3		8
Taxes other than income taxes	21		21
Accrued interest	14		14
Product warranties	16		18
Environmental reserves (see Note 21)	7		7
Restructuring (see Note 7)	11		14
Asbestos-related liabilities (see Note 21)	18		18
Indemnity obligations (see Note 21)	2		2
Other	58		51
Other current liabilities	$	245	$	268

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 relationships 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):



	Six Months Ended March 31,
	2017			2016
Total product warranties – beginning of period	$	44		$	48
Accruals for product warranties	6			7
Payments	(7		)	(9		)
Change in estimates and other	(3		)	1
Total product warranties – end of period	40			47
Less: Non-current product warranties	(24		)	(28		)
Product warranties – current	$	16		$	19