COST REDUCTION ACTIONS (TABLE)
 9 Months Ended
Sep. 30, 2015
Cost Reduction Actions 2014  
Restructuring Cost and Reserve [Line Items]  
Schedule of Restructuring Reserve by Type of Cost
The following table summarizes the status of the unpaid liabilities from the Company’s charges related to cost reduction actions (in millions):
 
 
Balance at December 31, 2014
 
Costs
Incurred
 
Payments
 
Foreign Currency Translation
 
Non-cash Items
 
Balance at September 30, 2015
 
Cumulative
Charges
Incurred
Severance
$
31

 
$
(3
)
 
$
17

 
$
(1
)
 
$
—

 
$
10

 
$
33

Contract Termination
3

 
1

 
—

 
—

 
—

 
4

 
4

Pension Curtailment and Settlement
—

 
(3
)
 
—

 
—

 
3

 
—

 
(3
)
Total
$
34

 
$
(5
)
 
$
17

 
$
(1
)
 
$
3

 
$
14

 
$
34


The Company expects the unpaid balance of these severance and contract termination charges to be paid over the next year.