Long-term Debt and Other Financing Arrangements (Tables)

12 Months Ended

Dec. 31, 2014

Debt Disclosure [Abstract]

Summary of Long-Term Debt

Unless otherwise stated, interest rates are as of December 31, 2014.

	December 31, 2014							December 31, 2013
	Weighted							Weighted
	Interest			Carrying		Fair		Interest			Carrying		Fair
(IN MILLIONS)	Rate			Amount		Value		Rate			Amount		Value
$2,532 million Senior secured term loan (LIBOR based variable rate of 2.90%) due 2016				—		—						2,507		2,512
$1,222 million Senior secured term loan (LIBOR based variable rate of 2.15%) due 2017				—		—						1,115		1,113
$1,580 million Senior secured term loan (LIBOR based variable rate of 2.16% ) due 2019					1,542		1,533				—		—
$500 million Senior secured term loan (LIBOR based variable rate of 2.41% ) due 2017					497		493				—		—
$1,100 million Senior secured term loan (LIBOR based variable rate of 3.16% ) due 2021					1,094		1,088				—		—
€286 million Senior secured term loan (Euro LIBOR based variable rate of 3.01%) due 2021					345		343				—		—
€289 million Senior secured term loan (Euro LIBOR based variable rate of 3.15%) due 2022				—		—						394		395
$575 million senior secured revolving credit facility (Euro LIBOR or LIBOR based variable rate) due 2019					280		274				—		—
Total senior secured credit facilities (with weighted-average interest rate)		2.65	%		3,758		3,731		2.89	%		4,016		4,020
$1,080 million 7.75% senior debenture loan due 2018				—		—						1,083		1,172
$800 million 4.50% senior debenture loan due 2020					800		801					800		779
$1,550 million 5.00% senior debenture loan due 2022					1,553		1,554				—		—
$625 million 5.50% senior debenture loan due 2021					625		633					625		636
Total debenture loans (with weighted-average interest rate)		5.23	%		2,978		2,988		6.51	%		2,508		2,587
Other loans					8		8					5		5
Total long-term debt		3.79	%		6,744		6,727		4.28	%		6,529		6,612
Capital lease and other financing obligations					118							111
Total debt and other financing arrangements					6,862							6,640
Less: Current portion of long-term debt, capital lease and other financing obligations and other short-term borrowings					397							148
Non-current portion of long-term debt and capital lease and other financing obligations				$	6,465						$	6,492

Schedule of Long-Term Debt Currency Wise

The carrying value of Nielsen’s long-term debt are denominated in the following currencies:

	December 31,		December 31,
(IN MILLIONS)	2014		2013
U.S. Dollars	$	6,399	$	6,135
Euro		345		394
	$	6,744	$	6,529

Annual Maturities of Long-Term Debt

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

(IN MILLIONS)
2015	$	379
2016	$	128
2017	$	640
2018	$	212
2019	$	1,042
Thereafter	$	4,343
	$	6,744

Summary of Future Minimum Capital Lease Payments Under Non-Cancelable Capital Leases

Future minimum capital lease payments under non-cancelable capital leases at December 31, 2014 are as follows:

(IN MILLIONS)
2015	$	24
2016		24
2017		22
2018		15
2019		13
Thereafter		62
Total		160
Less: amount representing interest		42
Present value of minimum lease payments	$	118
Current portion	$	18
Total non-current portion		100
Present value of minimum lease payments	$	118