Long-term Debt and Other Financing Arrangements (Tables)

12 Months Ended

Dec. 31, 2016

Debt Disclosure [Abstract]

Summary of Long-Term Debt

Unless otherwise stated, interest rates are as of December 31, 2016.

	December 31, 2016							December 31, 2015
	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
$2,080 million Senior secured term loan (LIBOR based variable rate of 2.65%) due 2019					1,768		1,785				—		—
$500 million Senior secured term loan (LIBOR based variable rate of 2.54%) due 2017				—		—						492		492
$1,100 million Senior secured term loan (LIBOR based variable rate of 3.29% ) due 2021				—		—						1,080		1,082
$1,900 million Senior secured term loan (LIBOR based variable rate of 3.15% ) due 2023					1,892		1,921				—		—
€286 million Senior secured term loan (Euro LIBOR based variable rate of 2.82%) due 2021				—		—						305		306
€380 million Senior secured term loan (Euro LIBOR based variable rate of 2.11%) due 2021					399		402				—		—
$575 million Senior secured revolving credit facility (Euro LIBOR or LIBOR based variable rate) due 2019				—		—						164		163
Total senior secured credit facilities (with weighted-average interest rate)		2.95	%		4,059		4,109		2.78	%		3,496		3,497
$800 million 4.50% senior debenture loan due 2020					794		813					792		808
$625 million 5.50% senior debenture loan due 2021					618		648					617		640
$2,300 million 5.00% senior debenture loan due 2022					2,285		2,340					2,284		2,270
Total debenture loans (with weighted-average interest rate)		5.22	%		3,697		3,802		5.22	%		3,693		3,718
Other loans					7		7					7		7
Total long-term debt		4.04	%		7,763		7,918		4.04	%		7,196		7,222
Capital lease and other financing obligations					158							142
Bank Overdrafts					5							—
Total debt and other financing arrangements					7,926							7,338
Less: Current portion of long-term debt, capital lease and other financing obligations and other short-term borrowings					188							310
Non-current portion of long-term debt and capital lease and other financing obligations				$	7,738						$	7,028

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)	2016		2015
U.S. Dollars	$	7,364	$	6,891
Euro		399		305
	$	7,763	$	7,196

Annual Maturities of Long-Term Debt

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

(IN MILLIONS)
2017	$	143
2018	$	278
2019	$	1,397
2020	$	814
2021	$	1,021
Thereafter	$	4,110
	$	7,763

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, 2016 are as follows:

(IN MILLIONS)
2017	$	48
2018		48
2019		30
2020		21
2021		13
Thereafter		33
Total		193
Less: amount representing interest		35
Present value of minimum lease payments	$	158
Current portion	$	38
Total non-current portion		120
Present value of minimum lease payments	$	158