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Other Current Liabilities
6 Months Ended
Jun. 30, 2022
Other Liabilities Disclosure [Abstract]  
Other Current Liabilities

NOTE L. OTHER CURRENT LIABILITIES

Other current liabilities consist of the following (dollars in millions):

 

 

 

June 30,
2022

 

 

December 31,
2021

 

Payroll and related costs

 

$

48

 

 

$

80

 

Sales allowances

 

 

33

 

 

 

39

 

Accrued interest payable

 

 

24

 

 

 

24

 

Taxes payable

 

 

17

 

 

 

14

 

Vendor buyback obligation

 

 

15

 

 

 

16

 

OPEB liability

 

 

4

 

 

 

4

 

Lease liability

 

 

4

 

 

 

4

 

Derivative liabilities

 

 

1

 

 

 

10

 

Other accruals

 

 

14

 

 

 

13

 

Total

 

$

160

 

 

$

204