Current Liabilities

12 Months Ended

Dec. 31, 2017

9. Current Liabilities

Accounts Payable Accounts payable, trade included liabilities of $219 million at December 31, 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	December 31, 2017		December 31, 2016
Accrued income taxes	$	71	$	6
Interest payable	246		244
Production, property, and other taxes payable	216		239
Accrued employee benefits	210		355
Derivatives	384		175
Other	183		218
Total other current liabilities	$	1,310	$	1,237