v3.22.2.2
Other Current Liabilities (Tables)
 9 Months Ended
Sep. 30, 2022
Other Liabilities Disclosure [Abstract]  
Summary of Other Current Liabilities

Other current liabilities consist of the following (dollars in millions):

 

 

 

September 30,
2022

 

 

December 31,
2021

 

Payroll and related costs

 

$

60

 

 

$

80

 

Sales allowances

 

 

35

 

 

 

39

 

Accrued interest payable

 

 

26

 

 

 

24

 

Taxes payable

 

 

25

 

 

 

14

 

Vendor buyback obligation

 

 

16

 

 

 

16

 

Common stock repurchase obligation

 

 

8

 

 

 

—

 

OPEB liability

 

 

4

 

 

 

4

 

Lease liability

 

 

3

 

 

 

4

 

Derivative liabilities

 

 

—

 

 

 

10

 

Other accruals

 

 

12

 

 

 

13

 

Total

 

$

189

 

 

$

204