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ACCRUED LIABILITIES (Tables)
6 Months Ended
Jun. 30, 2024
Accrued Liabilities, Current [Abstract]  
Accrued Liabilities

Accrued liabilities were comprised of the following:

 

DOLLAR AMOUNTS IN MILLIONS

 

JUNE 30,
2024

 

 

DECEMBER 31,
2023

 

Compensation and employee benefit costs

 

$

158

 

 

$

173

 

Current portion of lease liabilities

 

 

21

 

 

 

19

 

Customer rebates, volume discounts and deferred income

 

 

140

 

 

 

124

 

Interest

 

 

62

 

 

 

63

 

Taxes payable

 

 

53

 

 

 

31

 

Other

 

 

70

 

 

 

91

 

Total

 

$

504

 

 

$

501