Interest Expense

12 Months Ended

Dec. 31, 2016

Debt Disclosure [Abstract]

Interest Expense

Interest Expense

Interest expense includes interest and the amortization of deferred financing fees and debt discounts, less amounts capitalized, as follows:

(In millions)	2016			2015			2014
Interest expense before capitalization	$	398		$	457		$	468
Capitalized interest	(26		)	(19		)	(24		)
	$	372		$	438		$	444

Cash payments for interest, net of amounts capitalized, were $351 million, $445 million and $419 million in 2016, 2015 and 2014, respectively. The adoption of the accounting standards update with new guidance on the presentation of debt issuance costs resulted in a reclassification of $26 million and $16 million of expense from Other (Income) Expense to Interest Expense for the years ended December 31, 2015 and 2014, respectively.