Debt Obligations Debt Obligations (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of Debt Obligations [Table Text Block]

The following table summarizes the Company's short-term borrowings and long-term debt:



		December 31, 2015				December 31, 2014
In millions, except percentages		Amount			Weighted-Average Interest Rate	Amount			Weighted-Average Interest Rate
Short-Term Borrowings
Current portion of Senior Secured Credit Facility ⁽¹⁾		$	—			$	85		2.91%
Trade Receivables Securitization Facility		—				96			0.83%
Other ⁽²⁾		13			6.34%	6			7.31%
	Total short-term borrowings	$	13			$	187
Long-Term Debt
Senior Secured Credit Facility:
	Term loan facility due 2018 ⁽¹⁾	$	956		2.95%	$	1,246		2.91%
	Revolving credit facility due 2018 ⁽¹⁾	100			2.61%	—
Senior notes:
	5.00% Senior Notes due 2022	600				600
	4.625% Senior Notes due 2021	500				500
	5.875% Senior Notes due 2021	400				400
	6.375% Senior Notes due 2023	700				700
Deferred Financing Fees ⁽²⁾		(34		)		(41		)
Other ⁽³⁾		17			7.16%	26			7.23%
	Total long-term debt	$	3,239			$	3,431


⁽¹⁾	Interest rates are weighted average interest rates as of December 31, 2015 and 2014 related to the Senior Secured Credit Facility, which incorporate the impact of the interest rate swap agreement described in Note 12, "Derivatives and Hedging Instruments."

⁽²⁾

In 2015, we adopted ASU 2015-03, Interest - Imputation of Interest: Simplifying the Presentation of Debt Issuance Costs, which requires debt issuance costs previously reported as a deferred charge within other assets to be presented as a direct reduction from the carrying amount of debt, consistent with debt discounts, applied retrospectively for all periods presented. Long-term debt and other assets as of December 31, 2014 were adjusted by approximately $41 million as a result of the adoption of this ASU.

Schedule of Maturities of Long-term Debt [Table Text Block]

Debt Maturities Maturities of long-term debt outstanding, in principal amounts, at December 31, 2015 are summarized below:



			For the years ended December 31
In millions	Total		2016		2017		2018		2019		2020		Thereafter
Debt maturities	$	3,286	$	13	$	5	$	1,060	$	1	$	905	$	1,302