ACCRUED LIABILITIES (Tables)

9 Months Ended

Sep. 30, 2012

Forest Products Accrued Liabilities

Forest Products accrued liabilities were comprised of the following:

DOLLAR AMOUNTS IN MILLIONS	SEPTEMBER 30, 2012		DECEMBER 31, 2011
Wages, salaries and severance pay	$	129	$	136
Pension and postretirement	64		63
Vacation pay	46		44
Income taxes	—		13
Taxes – Social Security and real and personal property	37		29
Interest	71		99
Customer rebates and volume discounts	39		54
Deferred income	66		59
Other	106		96
Total	$	558	$	593