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Debt Debt (Tables)
12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Schedule of Total Debt
total debt, including short-term and long-term debt, consisted of the following as of December 31, 2014 and 2013 (in millions):
 
As of December 31,
 
2014
 
2013
Debt:
 
 
 
Commercial Paper
$
905

 
$
1,080

NYSE EUR Notes (5.375% senior unsecured notes due June 30, 2015)
1,137

 

2011 Credit Facilities - Term Loan Facility

 
55

Short-term debt
2,042

 
1,135

2018 Senior Notes (2.5% senior unsecured notes due October 15, 2018)
600

 
599

2023 Senior Notes (4.0% senior unsecured notes due October 15, 2023)
794

 
794

NYSE USD Notes (2.0% senior unsecured notes due October 5, 2017)
853

 
854

NYSE EUR Notes (5.375% senior unsecured notes due June 30, 2015)

 
1,353

2011 Credit Facilities - Term Loan Facility

 
323

Long term debt
2,247

 
3,923

Total debt
$
4,289

 
$
5,058

Debt Repayment Schedule
As of December 31, 2014, the outstanding debt repayment schedule is as follows (in millions):
2015
$
2,018

2016

2017
850

2018
600

2019

Thereafter
800

Principal amounts repayable
4,268

Unamortized balance of fair value adjustments and discounts on bonds, net
21

Total debt outstanding
$
4,289