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Debt Obligations (Tables)
9 Months Ended
Sep. 30, 2018
Debt Disclosure [Abstract]  
Schedule of Debt Obligations
The following table summarizes the Company's short-term borrowings and long-term debt:
 
September 30, 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)
$
62

 
3.92%
 
$
51

 
3.21%
Trade Receivables Securitization Facility
175

 
3.11%
 

 
 
Other (2)
9

 
31.33%
 
1

 
3.71%
 
Total short-term borrowings
$
246

 
 
 
$
52

 
 
Long-Term Debt
 
 
 
 
 
 
 
Senior Secured Credit Facility:
 
 
 
 
 
 
 
 
Term loan facility (1)
$
698

 
3.92%
 
$
759

 
3.21%
 
Revolving credit facility

 
 
 

 
 
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
(19
)
 
 
 
(23
)
 
 
Other (2)
2

 
0.96%
 
3

 
1.62%
 
Total long-term debt
$
2,881

 
 
 
$
2,939

 
 
(1) 
Interest rates are weighted-average interest rates as of September 30, 2018 and December 31, 2017.
(2) 
Interest rates are weighted-average interest rates as of September 30, 2018 and December 31, 2017 primarily related to various international credit facilities.