Long-term Debt and Other Financing Arrangements (Tables)

3 Months Ended

Mar. 31, 2017

Debt Disclosure [Abstract]

Summary of Long-Term Debt

Unless otherwise stated, interest rates are as of March 31, 2017.

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

	March 31, 2017							December 31, 2016
	Weighted							Weighted
	Interest			Carrying		Fair		Interest			Carrying		Fair
(IN MILLIONS)	Rate			Amount		Value		Rate			Amount		Value
$2,080 million Senior secured term loan (LIBOR based variable rate of 2.85%) due 2019					1,769		1,785					1,768		1,785
$1,900 million Senior secured term loan (LIBOR based variable rate of 3.35%) due 2023					1,887		1,901					1,892		1,922
€380 million Senior secured term loan (Euro LIBOR based variable rate of 2.11%) due 2021					403		404					399		402
Total senior secured credit facilities (with weighted-average interest rate)		3.13	%		4,059		4,090		2.95	%		4,059		4,109
$800 million 4.50% senior debenture loan due 2020					794		814					794		813
$625 million 5.50% senior debenture loan due 2021					619		649					618		649
$2,300 million 5.00% senior debenture loan due 2022					2,286		2,347					2,285		2,340
$500 million 5.00% senior debenture loan due 2025					495		497					-		-
Total debenture loans (with weighted-average interest rate)		5.22	%		4,194		4,307		5.22	%		3,697		3,802
Other loans					6		6					7		7
Total long-term debt		4.20	%		8,259		8,403		4.04	%		7,763		7,918
Capital lease and other financing obligations					157							158
Bank overdrafts					-							5
Total debt and other financing arrangements					8,416							7,926
Less: Current portion of long-term debt, capital lease and other financing obligations and other short-term borrowings					236							188
Non-current portion of long-term debt and capital lease and other financing obligations				$	8,180						$	7,738

Annual Maturities of Long-Term Debt

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

(IN MILLIONS)
For April 1, 2017 to December 31, 2017	$	139
2018		277
2019		1,396
2020		814
2021		1,025
2022		2,322
Thereafter		2,286
	$	8,259