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OTHER LIABILITIES
 12 Months Ended
Dec. 31, 2011
OTHER LIABILITIES
8.    OTHER LIABILITIES

Other liabilities consist of the following:

   
VERSO PAPER
    
VERSO HOLDINGS
  
   
December 31,
    
December 31,
  
   
2011
    
2010
    
2011
    
2010
  
Pension benefit obligation
   $ 28,803     $ 17,873     $ 28,803     $ 17,873  
Asset retirement obligations
     11,233       13,660       11,233       13,660  
Deferred income taxes
     8,102       8,185       -       -  
Non-controlling interests
     7,923       7,821       7,923       7,821  
Deferred compensation
     2,672       1,547       2,672       1,547  
Derivatives
     2,296       178       2,296       178  
Other
     1,436       1,384       1,351       1,535  
Other liabilities
   $ 62,465     $ 50,648     $ 54,278     $ 42,614  
Certain previously reported amounts have been reclassified to agree with current presentation.
                          

In 2011, non-controlling interests and deferred compensation liabilities are presented separately and prior year amounts have been reclassified to conform to the current year presentation. As a result, the Other category at December 31, 2010, decreased by $9.4 million from the amount previously reported.