Note 12 - Other Liabilities

3 Months Ended

Mar. 31, 2016

Other Liabilities and Financial Instruments Subject to Mandatory Redemption [Abstract]

Other Liabilities Disclosure [Text Block]

12. Other Liabilities

Other liabilities follow (in millions):

	March 31, 2016		December 31, 2015
Current liabilities:
Wages and employee benefits	$	341	$	491
Income taxes		57		53
Asbestos litigation		238		238
Derivative instruments		112		55
Other current liabilities		453		471
Other accrued liabilities	$	1,201	$	1,308
Non-current liabilities:
Asbestos litigation	$	440	$	440
Derivative instruments		612		88
Defined benefit pension plan liabilities		697		672
Other non-current liabilities		1,018		1,042
Other liabilities	$	2,767	$	2,242

Asbestos Litigation

Corning and PPG each own 50% of the capital stock of PCC.  Over a period of more than two decades, PCC and several other defendants were named in numerous lawsuits involving claims alleging personal injury from exposure to asbestos.  Refer to Note 3 (Commitments, Contingencies and Guarantees) to the consolidated financial statements for additional information on the asbestos litigation.