Other liabilities

3 Months Ended

Mar. 31, 2018

Other Liabilities Disclosure [Abstract]

Other Liabilities Disclosure [Text Block]

Other Liabilities

Other current liabilities are summarized as follows:



	March 31		December 31
	2018		2017
	(Dollars in Millions)
Product warranty and recall accruals	$	35	$	33
Dividends payable to non-controlling interest	27		3
Income taxes payable	23		12
Restructuring reserves	18		24
Rent and royalties	18		24
Deferred income	16		18
Joint venture payables	9		12
Non-income taxes payable	6		10
Foreign currency hedges	—		1
Distribution payable	—		14
Other	27		29
	$	179	$	180

In the fourth quarter of 2015 the Company declared a special distribution of $1.75 billion to common shareholders of the Company. On January 22, 2016 the Company paid $1.74 billion of the distribution, the remaining $14 million was paid upon settlement of restricted stock units and performance-based share units previously granted to the Company's employees. The special cash distribution was funded from the Climate Transaction proceeds.

Other non-current liabilities are summarized as follows:



	March 31		December 31
	2018		2017
	(Dollars in Millions)
Foreign currency hedges	$	30	$	23
Product warranty and recall accruals	17		16
Deferred income	15		16
Income tax reserves	12		12
Non-income tax reserves	6		7
Other	19		21
	$	99	$	95