Debt (Tables)

12 Months Ended

Dec. 31, 2016

Debt Disclosure [Abstract]

Schedule of short-term debt

The following summarizes our short-term debt balances as of December 31:

	2016		2015
	(in millions)
Notes outstanding under revolving credit facility	$	—	$	350
Term loan - current maturities	81		56
Total short-term debt	$	81	$	406

Schedule of long-term debt

The following summarizes our long-term debt balances as of December 31:

	2016			2015
	(in millions)
Term loan, due 2019	$	881		$	937
Less:
Current maturities	(81		)	(56		)
Deferred financing costs	(3		)	(4		)
Long-term debt, net of current maturities	$	797		$	877

Schedule of debt maturities

The following represents the schedule of maturities of our long-term debt:

Year	Amounts
	(in millions)
2017	81
2018	100
2019	700
	$	881