Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2012

Long-Term Debt [Abstract]

Summary of Long-term debt

(in $ millions)	Maturity (1)	December 31, 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		284		279
“Tranche S”	August 2015		137		137
Revolver borrowings
Dollar denominated			20		35
2012 Secured Credit Agreement
Dollar denominated term loan	November 2015		171		—
Second Priority Secured Notes
Dollar denominated floating rate notes	December 2016		225		211
Unsecured debt
Senior Notes
Dollar denominated floating rate notes	September 2014		122		123
Euro denominated floating rate notes	September 2014		201		210
9  7/ 8% Dollar denominated notes	September 2014		429		443
9% Dollar denominated notes	March 2016		250		250
Senior Subordinated Notes
11  7/ 8% Dollar denominated notes	September 2016		247		247
10  7/ 8% Euro denominated notes	September 2016		184		181
Capital leases			96		63
Total debt			3,430		3,407
Less: current portion			38		50
Long-term debt			3,392		3,357

(1) The term loans maturing in August 2015 and November 2015 are subject to a reduction in maturity to May 2014 and August 2014, respectively, if the Company is unable to repay or refinance its senior notes due in September 2014 by May 2014.

Aggregate maturities of debt

(in $ millions)
2013	38
2014	772
2015 (1)	1,672
2016	920
2017	15
Thereafter	13
	3,430

(1) Of the $1,672 million debt maturing in the year ending December 31, 2015, $1,485 million is subject to a reduction in maturity to May 2014 and $171 million is subject to a reduction in maturity to August 2014, under certain circumstances.

Summary of Deferred Finance Cost

(in $ millions)	Year Ended December 31, 2012			Year Ended December 31, 2011			Year Ended December 31, 2010
Balance as of January, 1 2012		98			37			42
Capitalization of debt finance costs		13			84			12
Amortization		(37	)		(23	)		(17	)
Balance as of December, 31 2012		74			98			37