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DEBT (Tables)
3 Months Ended
Mar. 31, 2017
DEBT  
Schedule of Long-term Debt

 

 

 

March 31,
2017

 

December 31,
2016

 

 

 

(in millions)

 

2014 First-Out Credit Facilities (Secured First Lien)

 

 

 

 

 

Revolving Credit Facility

 

$

769

 

$

847

 

Term Loan Facility

 

609

 

650

 

2016 Second-Out Credit Agreement (Secured First Lien)

 

1,000

 

1,000

 

Senior Notes (Secured Second Lien)

 

 

 

 

 

8% Notes Due 2022

 

2,250

 

2,250

 

Senior Unsecured Notes

 

 

 

 

 

5% Notes Due 2020

 

165

 

193

 

5 ½% Notes Due 2021

 

135

 

135

 

6% Notes Due 2024

 

193

 

193

 

 

 

 

 

 

 

Total Debt - Principal Amount

 

5,121

 

5,268

 

Less Current Maturities of Long-Term Debt

 

(100

)

(100

)

 

 

 

 

 

 

Long-Term Debt - Principal Amount

 

$

5,021

 

$

5,168