Debt Obligations (Tables)

6 Months Ended

Jun. 30, 2016

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



		June 30, 2016				December 31, 2015
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⁾		$	45		3.11%	$	—
Trade Receivables Securitization Facility ⁽¹⁾		200			1.12%	—
Other ⁽¹⁾		14			7.41%	13			6.34%
	Total short-term borrowings	$	259			$	13
Long-Term Debt
Senior Secured Credit Facility:
	Term loan facility ⁽¹⁾	$	844		3.11%	$	956		2.95%
	Revolving credit facility ⁽¹⁾	175			2.72%	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
Other ⁽¹⁾		11			7.09%	17			7.16%
Deferred Financing Fees		(32		)		(34		)
	Total long-term debt	$	3,198			$	3,239


⁽¹⁾	Interest rates are weighted average interest rates as of June 30, 2016 and December 31, 2015. The Senior Secured Credit Facility incorporates the impact of the interest rate swap agreement described in Note 11, "Derivatives and Hedging Instruments."