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ACCRUED LIABILITIES (Tables)
12 Months Ended
Dec. 31, 2014
Accrued Liabilities
Accrued liabilities were comprised of the following:
DOLLAR AMOUNTS IN MILLIONS
  
DECEMBER 31,
2014

DECEMBER 31,
2013

Wages, salaries and severance pay
$
161

$
159

Pension and postretirement
47

57

Vacation pay
47

48

Income taxes
4

4

Taxes – Social Security and real and personal property
24

32

Interest
105

104

Customer rebates and volume discounts
46

50

Deferred income
75

82

Other
78

93

Total
$
587

$
629