Debt (Tables)

12 Months Ended

Dec. 31, 2013

Debt Disclosure [Abstract]

Summary of outstanding debt

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

As of December 31	2013		2012
6.25% EUR 500 debt securities due July 2014	$	685	$	661
5.00% senior notes due September 2020	599		598
3.50% senior notes due September 2015	599		598
8.205% junior subordinated deferrable interest debentures due January 2027	521		521
3.125% senior notes due May 2016	500		500
4.76% CAD 375 debt securities due March 2018	352		377
4.00% senior notes due November 2023	349		—
6.25% senior notes due September 2040	298		297
4.45 senior notes due May 2043	248		—
4.25% senior notes due December 2042	195		107
Term loan credit facility due October 2013 (LIBOR+1.38%)	—		383
Other	43		123
Total debt	4,389		4,165
Less short-term and current portion of long-term debt	703		452
Total long-term debt	$	3,686	$	3,713

Repayments of long-term debt

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

2014	$	703
2015	609
2016	510
2017	4
2018	352
Thereafter	2,211
	$	4,389