Debt (Tables)

6 Months Ended

Jun. 30, 2017

Debt [Table] [Abstract]

Short-term and Long-term Debt

	June 30,		December 31,
(In millions)	2017		2016
Short-term:
Current maturities of long-term debt	$	131	$	250
Other, including capital leases		10		26
Total short-term debt	$	141	$	276
Long-term:
$131 million, 6.35% Notes due 2018	$	-	$	131
$250 million, 4.375% Notes due 2020 (1)		252		252
$300 million, 5.125% Notes due 2020 (1)		302		301
$78 million, 6.37% Notes due 2021		78		78
$300 million, 4.5% Notes due 2021 (1)		302		302
$750 million, 4% Notes due 2022		744		744
$100 million, 7.65% Notes due 2023		100		100
$17 million, 8.3% Notes due 2023		17		17
$900 million, 3.25% Notes due 2025		894		893
$300 million, 7.875% Debentures due 2027		299		299
$83 million, 8.3% Step Down Notes due 2033		82		82
$500 million, 6.15% Notes due 2036		498		498
$300 million, 5.875% Notes due 2041		296		296
$750 million, 5.375% Notes due 2042		743		743
Other, including capital leases		15		20
Total long-term debt	$	4,622	$	4,756

(1) The Company has entered into interest rate swap contracts hedging a portion of these fixed-rate debt instruments. See Note 11 for further information about the Company’s interest rate risk management and these derivative instruments.