Long-term Debt and Other Financing Arrangements (Tables)

9 Months Ended

Sep. 30, 2019

Debt Disclosure [Abstract]

Summary of Long-Term Debt

Unless otherwise stated, interest rates are as of September 30, 2019.

	September 30, 2019							December 31, 2018
	Weighted							Weighted
	Interest			Carrying		Fair		Interest			Carrying		Fair
(IN MILLIONS)	Rate			Amount		Value		Rate			Amount		Value
$1,125 million Senior secured term loan (LIBOR based variable rate of    3.79%) due 2023				$	1,092		1,085				$	1,112		1,100
$2,303 million Senior secured term loan (LIBOR based variable rate of    4.04%) due 2023					2,269		2,271					2,285		2,215
€545 million Senior secured term loan (Euro LIBOR based variable rate    of 2.50%) due 2023					588		589					623		619
$850 million senior secured revolving credit facility (Euro LIBOR or    LIBOR based variable rate) due 2023					190		187				—		—
Total senior secured credit facilities (with weighted-average interest    rate)		3.80	%		4,139		4,132		4.09	%		4,020		3,934
$800 million 4.50% senior debenture loan due 2020					798		801					797		792
$625 million 5.50% senior debenture loan due 2021					622		627					621		621
$2,300 million 5.00% senior debenture loan due 2022					2,293		2,313					2,290		2,179
$500 million 5.00% senior debenture loan due 2025					497		494					496		472
Total debenture loans (with weighted-average interest rate)		5.22	%		4,210		4,235		5.22	%		4,204		4,064
Other loans					—		—					1		1
Total long-term debt		4.52	%		8,349		8,367		4.67	%		8,225		7,999
Finance lease and other financing obligations					138							161
Bank overdrafts					—							1
Total debt and other financing arrangements					8,487							8,387
Less: Current portion of long-term debt, finance lease and other    financing obligations and other short-term borrowings					298							107
Non-current portion of long-term debt and finance lease and other    financing obligations				$	8,189						$	8,280

Annual Maturities of Long-Term Debt

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

(IN MILLIONS)
For October 1, 2019 to December 31, 2019	$	202
2020		854
2021		702
2022		2,399
2023		3,693
2024		—
Thereafter		499
	$	8,349