Fair Value Measures (Tables)

9 Months Ended

Jun. 30, 2015

Assets and liabilities measured at fair value on a recurring basis as of June 30, 2015 and September 30, 2014 were as follows:



	June 30, 2015
	Fair Value Measurements Using
In millions	Total		Quoted Prices in Active Markets for Identical Instruments (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Other Current Assets:
Foreign currency forward contracts	$	1	$	—	$	1	$	—
Other Non-Current Assets:
Investments	$	1	$	1	$	—	$	—
Other Current Liabilities:
Foreign currency forward contracts	$	1	$	—	$	1	$	—



	September 30, 2014
	Fair Value Measurements Using
In millions	Total		Quoted Prices in Active Markets for Identical Instruments (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Other Non-Current Assets:
Investments	$	1	$	1	$	—	$	—
Other Current Liabilities:
Foreign currency forward contracts	$	2	$	—	$	2	$	—

The estimated fair values of the amounts borrowed under the Company’s credit agreements at June 30, 2015 and September 30, 2014 are as follows:



	June 30, 2015				September 30, 2014
In millions	Principal Amount		Fair Value		Principal Amount		Fair Value
Variable rate revolving loans under the Senior Secured Credit Agreement due October 26, 2016	$	18	$	18	$	90	$	86
Variable rate revolving loans under the Domestic ABL due June 4, 2020 ⁽¹⁾	40		35		40		38
Variable rate revolving loans under the Foreign ABL due June 4, 2020 ⁽¹⁾	20		17		—		—
Variable rate Term B-3 Loans due October 26, 2017	616		611		2,102		2,002
Variable rate Term B-4 Loans due October 26, 2017	1		1		1		1
Variable rate Term B-6 Loans due March 31, 2018	537		534		1,128		1,116
Variable rate Term B-7 Loans due May 29, 2020	2,119		2,045		—		—
7% senior secured notes due April 1, 2019	1,009		988		1,009		975
9% senior secured notes due April 1, 2019	290		297		290		294
10.50% senior secured notes due March 1, 2021	1,384		1,152		1,384		1,204
Total	$	6,034	$	5,698	$	6,044	$	5,716