Current Liabilities

9 Months Ended

Sep. 30, 2017

6. Current Liabilities

Accounts Payable Accounts payable, trade included liabilities of $204 million at September 30, 2017, and $262 million at December 31, 2016, representing the amount by which checks issued but not presented to the Company’s banks for collection exceeded balances in applicable bank accounts. Changes in these liabilities are classified as cash flows from financing activities.

Other Current Liabilities The following summarizes the Company’s other current liabilities:



millions	September 30, 2017		December 31, 2016
Accrued income taxes	$	211	$	6
Interest payable	161		244
Production, property, and other taxes payable	249		239
Accrued employee benefits	207		355
Derivatives	233		175
Other	142		218
Total other current liabilities	$	1,203	$	1,237