XML 33 R21.htm IDEA: XBRL DOCUMENT v3.6.0.2
Debt (Tables)
3 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
The following table summarizes Valvoline’s current and long-term debt as of the dates reported in the Condensed Consolidated Balance Sheets:
(In millions)
December 31 2016
September 30 2016
Senior Notes
$
375

$
375

Term Loan A
296

375

Accounts Receivable Securitization
75


Revolver


Other (a)
(6
)
(7
)
Total debt
$
740

$
743

Short-term debt
75


Current portion of long-term debt
15

19

Long-term debt
$
650

$
724

 
 
 
(a) At December 31, 2016, Other includes $8 million of debt issuance cost discounts and $2 million of debt acquired through acquisitions. At September 30, 2016, Other included $9 million of debt issuance cost discounts and $2 million of debt acquired through acquisitions.