Debt (Tables)

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Schedule of Long-term Debt

The following table summarizes the Company’s debt:

	December 31, 2018				December 31, 2017
(In millions)	Principal Balance		Carrying Value		Principal Balance		Carrying Value
ABL facility	$	—	$	—	$	100	$	100
Term loan facility	1,503		1,474		1,494		1,456
6.125% Senior Notes due 2023	535		529		535		528
6.50% Senior Notes due 2022	1,200		1,190		1,600		1,583
6.70% Senior Debentures due 2034	300		205		300		203
Trade securitization program	283		281		303		299
Unsecured credit facility	250		246		—		—
Asset financing and other	55		55		104		105
Capital leases for equipment	289		289		248		248
Total debt	4,415		4,269		4,684		4,522
Short-term borrowings and current maturities of long-term debt	371		367		104		104
Long-term debt	$	4,044	$	3,902	$	4,580	$	4,418

Schedule of Maturities of Long-term Debt

The following table outlines the Company’s principal payment obligations on debt (excluding capital leases) for the next five years and thereafter:

(In millions)	2019		2020		2021		2022		2023		Thereafter
Principal payments on debt	$	322	$	259	$	3	$	1,201	$	536	$	1,805