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Debt (Tables)
12 Months Ended
Dec. 31, 2012
Debt  
Summary of outstanding debt

 The following is a summary of outstanding debt (in millions):

As of December 31
  2012
  2011
 
   

Term loan credit facility due October 2013 (LIBOR+1.38%)

  $ 383   $ 428  

6.25% EUR 500 debt securities due July 2014

    661     653  

5.00% senior notes due September 2020

    598     598  

3.50% senior notes due September 2015

    598     597  

8.205% junior subordinated deferrable interest debentures due January 2027

    521     687  

3.125% senior notes due May 2016

    500     500  

4.76% CAD 375 debt securities due March 2018

    377     368  

6.25% senior notes due September 2040

    297     297  

7.375% debt securities due December 2012

        225  

4.25% senior notes due December 2042

    107      

Other

    123     139  
   

Total debt

    4,165     4,492  

Less short-term and current portion of long-term debt

    452     337  
   

Total long-term debt

  $ 3,713   $ 4,155  
   
Repayments of long-term debt

  Repayments of total debt are as follows (in millions):

2013

  $ 452  

2014

    684  

2015

    610  

2016

    514  

2017

     

Thereafter

    1,905  
   

 

  $ 4,165