Other Liabilities (Tables)

9 Months Ended

Sep. 30, 2019



	September 30,		December 31,
	2019		2018
Current liabilities:
Wages and employee benefits	$	511	$	642
Income taxes		183		169
Derivative instruments		129		56
Asbestos and other litigation (Note 3)		59		113
Short-term operating leases (Note 4)		61
Other current liabilities		905		871
Other accrued liabilities	$	1,848	$	1,851

Non-current liabilities:
Defined benefit pension plan liabilities	$	902	$	831
Derivative instruments		271		386
Asbestos and other litigation (Note 3)		196		279
Investment in Hemlock Semiconductor Group (1)		114
Customer deposits (Note 2)		851		922
Deferred tax liabilities		289		347
Long-term operating leases (Note 4)		448
Other non-current liabilities		653		887
Other liabilities	$	3,724	$	3,652

(1)The negative carrying value resulted from a one-time charge of $239 million to this entity in 2019 due to the adoption of the new revenue standard. This charge was offset by deferred tax impacts of $53 million. The charge relates to timing of revenue recognition for open performance obligations as measured at January 1, 2019. Most of these performance obligations are expected to be recognized within the next twelve months and the negative carrying value has been reduced by current period income.