Accrued Liabilities

3 Months Ended

Apr. 02, 2016

Payables and Accruals [Abstract]

Accrued Liabilities

Accrued Liabilities

The components of accrued liabilities are as follows (in millions):

	April 2, 2016 Restated		December 31, 2015 Restated
Accrued other expenses	$	130	$	134
Interest payable	54		36
Accrued compensation and related benefits	54		49
Customer reserves	34		38
Accrued derivative contracts- foreign currency	23		—
Accrued incentive compensation	22		68
Accrued warranty	21		22
Restructuring liability	7		10
Accrued taxes	5		10
Total accrued liabilities	$	350	$	367