	December 31,
Deferred tax assets:	2015		2014
Pension	$	500	$	573
Postretirement benefits other than pensions		292		441
Asbestos and environmental		473		477
Employee compensation and benefits		387		387
Other accruals and reserves		626		672
Net operating and capital losses		620		639
Tax credit carryforwards		198		199
Gross deferred tax assets		3,096		3,388
Valuation allowance		(589)		(560)
Total deferred tax assets	$	2,507	$	2,828

Deferred tax liabilities:
Property, plant and equipment	$	(661)	$	(612)
Intangibles		(1,797)		(1,060)
Other asset basis differences		(293)		(286)
Other		(31)		(7)
Total deferred tax liabilities		(2,782)		(1,965)
Net deferred tax (liability) asset	$	(275)	$	863

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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