Long-term Debt and Other Financing Arrangements (Tables)

12 Months Ended

Dec. 31, 2015

Debt Disclosure [Abstract]

Summary of Long-Term Debt

Unless otherwise stated, interest rates are as of December 31, 2015.

	December 31, 2015								December 31, 2014
	Weighted								Weighted
	Interest			Carrying		Fair			Interest			Carrying		Fair
(IN MILLIONS)	Rate			Amount		Value			Rate			Amount		Value
$1,580 million Senior secured term loan (LIBOR based variable rate of 2.29% ) due 2019				$	1,455	$	1,454					$	1,532	$	1,533
$500 million Senior secured term loan (LIBOR based variable rate of 2.54% ) due 2017					492		492						497		493
$1,100 million Senior secured term loan (LIBOR based variable rate of 3.29% ) due 2021					1,080		1,082						1,090		1,088
€286 million Senior secured term loan (Euro LIBOR based variable rate of 2.82%) due 2021					305		306						343		343
$575 million senior secured revolving credit facility (Euro LIBOR or LIBOR based variable rate) due 2019					164		163						280		274
Total senior secured credit facilities (with weighted-average interest rate)		2.78	%		3,496		3,497			2.65	%		3,742		3,731
$800 million 4.50% senior debenture loan due 2020					792			808					791		801
$1,550 million 5.00% senior debenture loan due 2022					—		—						1,537		1,554
$625 million 5.50% senior debenture loan due 2021					617		640						616			633
$2,300 million 5.00% senior debenture loan due 2022					2,284		2,270						—		—
Total debenture loans (with weighted-average interest rate)		5.22	%		3,693		3,718			5.23	%		2,944		2,988
Other loans					7		7						8		8
Total long-term debt		4.04	%		7,196		7,222			3.79	%		6,694		6,727
Capital lease and other financing obligations					142								118
Total debt and other financing arrangements					7,338								6,812
Less: Current portion of long-term debt, capital lease and other financing obligations and other short-term borrowings					310								393
Non-current portion of long-term debt and capital lease and other financing obligations				$	7,028							$	6,419

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)	2015		2014
U.S. Dollars	$	6,891	$	6,351
Euro		305		343
	$	7,196	$	6,694

Annual Maturities of Long-Term Debt

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

(IN MILLIONS)
2016	$	277
2017	$	632
2018	$	202
2019	$	1,033
2020	$	806
Thereafter	$	4,246
	$	7,196

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, 2015 are as follows:

(IN MILLIONS)
2016	$	38
2017		36
2018		29
2019		19
2020		13
Thereafter		46
Total		181
Less: amount representing interest		39
Present value of minimum lease payments	$	142
Current portion	$	31
Total non-current portion		111
Present value of minimum lease payments	$	142