(Tables)

3 Months Ended

Mar. 31, 2019

Debt Disclosure [Abstract]

Summary of Outstanding Debt

The Company's outstanding debt was as follows:

	March 31, 2019						December 31, 2018
	Principal			Carrying			Principal			Carrying
	outstanding			amount			outstanding			amount
Short-term debt	$	125		$	125		$	89		$	89
Long-term debt
Senior secured borrowings:
Revolving credit facilities	687			687			—			—
Term loan facilities
U.S. dollar at LIBOR + 1.75% due 2022	810			806			815			810
U.S. dollar at LIBOR + 2.00% due 2025	617			607			887			864
Euro at EURIBOR + 1.75% due 20221	293			293			301			301
Euro at EURIBOR + 2.375% due 20252	835			823			855			846
Senior notes and debentures:
€650 at 4.0% due 2022	729			724			745			740
U. S. dollar at 4.50% due 2023	1,000			994			1,000			993
€335 at 2.25% due 2023	376			371			384			380
€600 at 2.625% due 2024	673			667			688			682
€600 at 3.375% due 2025	673			667			688			681
U.S. dollar at 4.25% due 2026	400			394			400			394
U.S. dollar at 4.75% due 2026	875			863			875			863
U.S. dollar at 7.375% due 2026	350			348			350			348
€500 at 2.875% due 2026	561			553			573			566
U.S. dollar at 7.50% due 2096	40			40			40			40
Other indebtedness in various currencies	60			60			66			66
Total long-term debt	8,979			8,897			8,667			8,574
Less current maturities	(83		)	(83		)	(81		)	(81		)
Total long-term debt, less current maturities	$	8,896		$	8,814		$	8,586		$	8,493

(1) €261 and €263 at March 31, 2019 and December 31, 2018