ACCRUED LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2016

Accrued Liabilities

Accrued liabilities were comprised of the following:

DOLLAR AMOUNTS IN MILLIONS
	DECEMBER 31, 2016		DECEMBER 31, 2015
Wages, salaries and severance pay	$	178	$	117
Pension and other postretirement benefits	49		44
Vacation pay	33		30
Taxes – Social Security and real and personal property	20		17
Interest	120		102
Customer rebates and volume discounts	39		31
Deferred income	40		28
Accrued income taxes	139		—
Other	73		58
Total	$	691	$	427