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Other Payables and Accrued Liabilities
12 Months Ended
Dec. 31, 2013
Payables And Accruals [Abstract]  
Other Payables and Accrued Liabilities
12. OTHER PAYABLES AND ACCRUED LIABILITIES

Other payables and accrued liabilities consisted of the following:

 

     December 31,
2013
     December 31,
2012
 

Employee related liabilities

     383         397   

Employee compensated absences

     128         127   

Taxes other than income taxes

     85         71   

Advances

     32         45   

Payables to equity-method investments

     81         45   

Obligations for capacity rights

     3         1   

Derivative instruments

     4         1   

Provision for restructuring

     65         75   

Current portion of pension

     12         16   

Royalties

     37         39   

Others

     107         125   
  

 

 

    

 

 

 

Total

     937         942   
  

 

 

    

 

 

 

The terms of the agreement for the inception of Numonyx, a company created in 2007 from the Company’s and Intel’s flash memory business key assets and sold in 2010 to Micron Technology Inc., included rights granted to Numonyx to use certain assets retained by the Company. As at December 31, 2013 and 2012 the value of such rights totaled $6 million and $14 million respectively, of which $3 million and $1 million respectively were reported as current liabilities.

Derivative instruments are further described in Note 23.

Other payables and accrued liabilities also include individually insignificant amounts as of December 31, 2013 and December 31, 2012.