CHARGES FOR RESTRUCTURING, CLOSURES AND ASSET IMPAIRMENTS (Tables)

12 Months Ended

Dec. 31, 2014

Items Included in Our Restructuring, Closure and Asset Impairment Charges

Items Included in Our Restructuring, Closure and Asset Impairment Charges

DOLLAR AMOUNTS IN MILLIONS
	2014		2013		2012
Restructuring and closure charges:
Termination benefits	$	27	$	1	$	—
Pension and postretirement charges	3		—		—
Other restructuring and closure costs	12		4		6
Charges for restructuring and closures	42		5		6
Impairment of long-lived assets	2		372		20
Total charges for restructuring, closures and impairments	$	44	$	377	$	26

Changes in accrued severance related to restructuring

Changes in accrued severance related to restructuring during 2014 were as follows:

DOLLAR AMOUNTS IN MILLIONS
Accrued severance as of December 31, 2013	$	2
Charges	27
Payments	(19		)
Accrued severance as of December 31, 2014	$	10