NOTE 9. Other Liabilities

Other current liabilities are summarized as follows:



	March 31		December 31
	2016		2015
	(Dollars in Millions)
Electronics operations repurchase commitment	$	50	$	50
Restructuring reserves	36		38
Contribution payable	34		33
Product warranty and recall accruals	24		26
Information technology separation and service obligations	26		36
Rent and royalties	23		33
Income taxes payable	19		63
Joint venture payables	15		18
Deferred income	11		11
Liabilities held for sale	10		9
Non-income taxes payable	8		20
Foreign currency hedges	6		2
Other	36		31
	$	298	$	370

In connection with the Climate Transaction, the Company entered into an agreement to purchase certain electronics operations located in India, expected to close in 2016 after legal separation and regulatory approvals are met. The Company has recorded a repurchase commitment of $50 million during 2015, representing the estimated purchase price of the subject business.

In connection with the Germany Interiors Divestiture, the Company will make a final contribution payment of approximately $34 million by November 2016.

Information technology separation and service obligations were established in connection with the Climate Transaction and Interiors Divestiture, representing ongoing and separation services for the divested businesses to operate as independent entities. As of March 31, 2016 and December 31, 2015 remaining obligations totaled $26 million and $36 million, respectively.

As of March 31, 2016 and December 31, 2015 liabilities held for sale of $10 million and $9 million, respectively, represent liabilities associated with operations subject to the Interiors Divestiture located in Argentina and Brazil. See Note 3 "Discontinued Operations" for additional disclosures.

Other non-current liabilities are summarized as follows:



	March 31		December 31
	2016		2015
	(Dollars in Millions)
Income tax reserves	$	27	$	25
Deferred income	16		15
Product warranty and recall accruals	14		12
Non-income tax reserves	10		10
Other	12		13
	$	79	$	75