v3.25.3
Accrued Liabilities
 9 Months Ended
Sep. 30, 2025
Accrued Liabilities, Current [Abstract]  
Accrued Liabilities
Note 11. Accrued Liabilities
September 30,
2025		December 31,
2024
(Dollars in millions)
Customer pricing reserve$99 $77 
Compensation, benefit and other employee related78 74 
Repositioning10 12 
Product warranties and performance guarantees - short-term (Note 19)
14 15 
Income and other taxes39 32 
Customer advances and deferred income (1)
13 16 
Accrued interest28 14 
Short-term lease liability (Note 13)
13 11 
Accrued freight9 9 
Dividends payable — 12 
Designated and undesignated derivatives (Note 16)
10 8 
Environmental reserve4 6 
Other (primarily operating expenses)
13 13 
 330 299 
(1)Customer advances and deferred income include $6 million and $8 million of contract liabilities as of September 30, 2025 and December 31, 2024, respectively. See Note 3, Revenue Recognition and Contracts with Customers.
The Company accrues repositioning costs related to projects to optimize its product costs and right-size our organizational structure. Expenses related to the repositioning accruals are included in Cost of goods sold and Selling, general and administrative expenses in our Consolidated Interim Statements of Operations.
The following tables summarize the activity in our repositioning accrual:
Severance Costs
Other Costs
Total
(Dollars in millions)
Balance at December 31, 2024
$12 $— $12 
Charges8 — 8 
Usage—cash(10)— (10)
Balance at September 30, 2025
$10 $— $10 
Severance Costs
Other Costs
Total
(Dollars in millions)
Balance at December 31, 2023
$9 $— $9 
Charges16 — 16 
Usage—cash(15)— (15)
Balance at September 30, 2024
$10 $— $10