Debt Obligations (Tables)

3 Months Ended

Mar. 31, 2018

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



		March 31, 2018				December 31, 2017
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⁾		$	34		3.54%	$	51		3.21%
Trade Receivables Securitization Facility		—				—
Other ⁽²⁾		—				1			3.71%
	Total short-term borrowings	$	34			$	52
Long-Term Debt
Senior Secured Credit Facility:
	Term loan facility ⁽¹⁾	$	742		3.54%	$	759		3.21%
	Revolving credit facility ⁽¹⁾	115			3.63%	—
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		(22		)		(23		)
Other ⁽²⁾		3			1.46%	3			1.62%
	Total long-term debt	$	3,038			$	2,939


⁽¹⁾	Interest rates are weighted-average interest rates as of March 31, 2018 and December 31, 2017.


⁽²⁾	Interest rates are weighted-average interest rates as of December 31, 2017 primarily related to various international credit facilities.