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ACCRUED LIABILITIES
12 Months Ended
Dec. 31, 2014
ACCRUED LIABILITIES  
ACCRUED LIABILITIES

 

J. ACCRUED LIABILITIES

                                                                                                                                                                                    

 

 

(In Millions)

 

 

 

At December 31

 

 

 

2014

 

2013

 

Salaries, wages and commissions

 

$

189 

 

$

210 

 

Warranty (Note U)

 

 

135 

 

 

124 

 

Advertising and sales promotion

 

 

112 

 

 

111 

 

Insurance reserves

 

 

64 

 

 

70 

 

Interest

 

 

57 

 

 

58 

 

Employee retirement plans

 

 

41 

 

 

48 

 

Income taxes payable

 

 

24 

 

 

32 

 

Property, payroll and other taxes

 

 

29 

 

 

28 

 

Dividends payable

 

 

32 

 

 

27 

 

Other

 

 

73 

 

 

70 

 

​  

​  

​  

​  

Total

 

$

756 

 

$

778 

 

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