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Accrued Expenses and Other Liabilities
12 Months Ended
Dec. 31, 2015
Accrued Liabilities and Other Liabilities [Abstract]  
ACCRUED EXPENSES AND OTHER LIABILITIES
ACCRUED EXPENSES AND OTHER LIABILITIES
 
 
December 31, 2015
 
December 31, 2014
 
 
Accrued
Expenses
 
Non-Current
Liabilities
 
Total
 
Accrued
Expenses
 
Non-Current
Liabilities
 
Total
 
 
(In thousands)
Salaries and wages
 
$
99,032

 

 
99,032

 
114,446

 

 
114,446

Deferred compensation
 
2,252

 
41,691

 
43,943

 
3,209

 
37,093

 
40,302

Pension benefits
 
3,790

 
484,892

 
488,682

 
3,739

 
444,657

 
448,396

Other postretirement benefits
 
1,624

 
20,002

 
21,626

 
2,112

 
26,889

 
29,001

Other employee benefits
 
8,956

 
9,706

 
18,662

 
7,172

 
19,276

 
26,448

Insurance obligations (1)
 
157,014

 
213,256

 
370,270

 
132,246

 
189,431

 
321,677

Environmental liabilities
 
3,791

 
6,554

 
10,345

 
3,877

 
8,002

 
11,879

Operating taxes
 
101,649

 

 
101,649

 
92,330

 

 
92,330

Income taxes
 
3,378

 
22,366

 
25,744

 
5,066

 
22,843

 
27,909

Interest
 
31,218

 

 
31,218

 
33,509

 

 
33,509

Deposits, mainly from customers
 
61,869

 
5,085

 
66,954

 
59,388

 
5,929

 
65,317

Deferred revenue
 
13,038

 

 
13,038

 
11,759

 

 
11,759

Acquisition holdbacks
 
2,081

 

 
2,081

 
3,817

 
2,187

 
6,004

Other
 
53,660

 
26,043

 
79,703

 
41,009

 
27,035

 
68,044

Total
 
$
543,352

 
829,595

 
1,372,947

 
513,679

 
783,342

 
1,297,021

_________________
(1) Insurance obligations are primarily comprised of self-insured claim liabilities.

We retain a portion of the accident risk under vehicle liability and workers’ compensation insurance programs. Self-insurance accruals are primarily based on actuarially estimated, undiscounted cost of claims, and include claims incurred but not reported. Such liabilities are based on estimates. Historical loss development factors are utilized to project the future development of incurred losses, and these amounts are adjusted based upon actual claim experience and settlements. While we believe the amounts are adequate, there can be no assurance that changes to our estimates may not occur due to limitations inherent in the estimation process. During 2015, we recognized a charge within earnings from continuing operations of $4 million from development of estimated prior years’ self-insured loss reserves for the reasons noted above as well as a settlement of a customer-extended insurance claim. In 2014 and 2013, we recognized benefits within earnings from continuing operations of $14 million and $5 million, respectively, from development of estimated prior years’ self-insured loss reserves for the reasons noted above.