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CHARGES FOR RESTRUCTURING, CLOSURES AND ASSET IMPAIRMENTS (Tables)
12 Months Ended
Dec. 31, 2015
Items Included in Our Restructuring, Closure and Asset Impairment Charges
Items Included in Our Restructuring, Closure and Asset Impairment Charges
DOLLAR AMOUNTS IN MILLIONS
  
2015

2014

2013

Restructuring and closure charges:
 
 
 
Termination benefits
$
4

$
27

$
1

Pension and postretirement charges

3


Other restructuring and closure costs
6

12

4

Charges for restructuring and closures
10

42

5

Impairment of long-lived assets
15

2

372

Total charges for restructuring, closures and impairments
$
25

$
44

$
377

Changes in accrued severance related to restructuring
Changes in accrued severance related to restructuring during 2015 were as follows:
DOLLAR AMOUNTS IN MILLIONS
Accrued severance as of December 31, 2014
$
10

Charges
4

Payments
(9
)
Accrued severance as of December 31, 2015
$
5