Long-term Debt and Other Financing Arrangements (Tables)

9 Months Ended

Sep. 30, 2013

Summary of Long-Term Debt

Unless otherwise stated, interest rates are as of September30, 2013.

	September30, 2013								December31, 2012
(IN MILLIONS)	Weighted Interest Rate				Carrying Amount		Fair Value		Weighted Interest Rate				Carrying Amount			Fair Value
$1,610 million Senior secured term loan due 2013				$		—		—				$		218	$		218
$2,386 million Senior secured term loan due 2016						—		—						2,315			2,324
$2,532 million Senior secured term loan (LIBOR based variable rate of 2.93%) due 2016						2,513		2,513						—			—
$1,222 million Senior secured term loan (LIBOR based variable rate of 2.18%) due 2017						1,131		1,130						1,176			1,173
€227million Senior secured term loan due2013						—		—						34			34
€273million Senior secured term loan due2016						—		—						347			347
€289million Senior secured term loan (Euro LIBOR based variable rate of 3.09%) due2016						389		390						—			—
$635 million senior secured revolving credit facility (Euro LIBOR or LIBOR based variable rate) due 2016						—		—						—			—
Total senior secured credit facilities (with weighted-average interest rate)		2.89	%			4,033		4,033		3.46	%			4,090			4,096
$215 million 11.625% senior debenture loan due 2014						213		220						209			232
$1,080 million 7.75% senior debenture loan due 2018						1,083		1,174						1,084			1,211
$800 million 4.50% senior debenture loan due 2020						800		767						800			794
$625 million 5.50% senior debenture loan due 2021						625		626						—			—
Total debenture loans (with weighted-average interest rate)		7.23	%			2,721		2,787		7.60	%			2,093			2,237
Other loans						4		4						1			1
Total long-term debt		4.64	%			6,758		6,824		4.86	%			6,184			6,334
Capital lease and other financing obligations						107								107
Short-term debt						27								7
Bank overdrafts						17								5
Total debt and other financing arrangements						6,909								6,303
Less: Current portion of long-term debt, capital lease and other financing obligations and other short-term borrowings						388								362
Non-current portion of long-term debt and capital lease and other financing obligations				$		6,521						$		5,941

Annual Maturities of Long-Term Debt

Annual maturities of Nielsen’s long-term debt are as follows:

(IN MILLIONS)
For October 1, 2013 to December 31, 2013	$	23
2014		354
2015		151
2016		2,989
2017		733
2018		1,083
Thereafter		1,425
	$	6,758