ACCRUED LIABILITIES (Tables)

6 Months Ended

Jun. 30, 2016

Accrued Liabilities

Accrued liabilities were comprised of the following:

DOLLAR AMOUNTS IN MILLIONS	JUNE 30, 2016		DECEMBER 31, 2015
Wages, salaries and severance pay	$	130	$	117
Pension and other postretirement benefits	88		44
Vacation pay	34		30
Taxes – Social Security and real and personal property	33		17
Interest	126		102
Customer rebates and volume discounts	30		31
Deferred income	63		28
Other	86		58
Total	$	590	$	427