5. LIABILITIES

Accrued liabilities consisted of the following:


	March 31, 2012		December 31, 2011
	(in millions)
Payroll-related obligations	$	234	$	214
Employee benefits, including current pension obligations		65		145
Executive long-term incentive plan (Note 16)		153		—
Income and other taxes payable		314		257
Warranty obligations (Note 6)		173		182
Restructuring (Note 7)		48		55
Customer deposits		23		20
Deferred income taxes		30		28
Derivative financial instruments (Note 13)		11		43
Accrued interest		25		10
Other		254		254

Total	$	1,330	$	1,208

Other long-term liabilities consisted of the following:


	March 31, 2012		December 31, 2011
	(in millions)
Environmental (Note 10)	$	17	$	17
Executive long-term incentive plan (Note 16)		—		107
Extended disability benefits		10		10
Warranty obligations (Note 6)		151		133
Restructuring (Note 7)		35		41
Payroll-related obligations		10		10
Accrued income taxes		41		46
Deferred income taxes		149		134
Derivative financial instruments (Note 13)		2		26
Other		50		51

Total	$	465	$	575