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Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2012
Long-Term Debt [Abstract]  
Summary of Long-term debt
                     
(in $ millions)   Maturity (1)   June 30,
2012
    December 31,
2011
 
       

Secured debt

                   

Senior Secured Credit Agreement

                   

Term loans

                   

Dollar denominated

  August 2013           121  

Euro denominated

  August 2013           40  

Dollar denominated

  August 2015     1,064       1,067  

Euro denominated

  August 2015     273       279  

“Tranche S”

  August 2015     137       137  

Revolver borrowings

                   

Dollar denominated

              35  

2012 Secured Credit Agreement

                   

Dollar denominated term loan

  November 2015     170        

Second Priority Secured Notes

                   

Dollar denominated floating rate notes

  December 2016     218       211  

Unsecured debt

                   

Senior Notes

                   

Dollar denominated floating rate notes

  September 2014     123       123  

Euro denominated floating rate notes

  September 2014     203       210  

97 /8% Dollar denominated notes

  September 2014     443       443  

9% Dollar denominated notes

  March 2016     250       250  

Senior Subordinated Notes

                   

117 /8% Dollar denominated notes

  September 2016     247       247  

107 /8% Euro denominated notes

  September 2016     177       181  

Capital leases

        61       63  
       

 

 

   

 

 

 

Total debt

        3,366       3,407  

Less: current portion

        15       50  
       

 

 

   

 

 

 

Long-term debt

        3,351       3,357  
       

 

 

   

 

 

 

 

(1) The term loans maturing in August 2015 are subject to a reduction in maturity to May 2014 under certain circumstances.
Summary of Deferred Finance Cost
         
(in $ millions)      
   

Balance as of January 1, 2012

    98  

Capitalization of debt finance costs

    9  

Amortization

    (22
   

 

 

 

Balance as of June 30, 2012

    85