Other liabilities

6 Months Ended

Jun. 30, 2018

Other Liabilities Disclosure [Abstract]

Other Liabilities Disclosure [Text Block]

Other Liabilities

Other current liabilities are summarized as follows:



	June 30		December 31
	2018		2017
	(Dollars in Millions)
Product warranty and recall accruals	$	33	$	33
Dividends payable to non-controlling interests	29		3
Income taxes payable	19		12
Rent and royalties	16		24
Restructuring reserves	13		24
Joint venture payables	13		12
Non-income taxes payable	9		10
Deferred income	7		18
Derivative financial instruments	—		1
Distribution payable	—		14
Other	23		29
	$	162	$	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:



	June 30		December 31
	2018		2017
	(Dollars in Millions)
Derivative financial instruments	$	22	$	23
Product warranty and recall accruals	15		16
Deferred income	14		16
Income tax reserves	11		12
Non-income tax reserves	6		7
Other	19		21
	$	87	$	95