Debt Obligations (Tables)

3 Months Ended

Mar. 31, 2019

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



		March 31, 2019				December 31, 2018
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⁾		$	90		4.50%	$	84		4.51%
Trade Receivables Securitization Facility		200			3.36%	100			3.37%
Other ⁽²⁾		7			3.71%	1			4.92%
	Total short-term borrowings	$	297			$	185
Long-Term Debt
Senior Secured Credit Facility:
	Term loan facility ⁽¹⁾	$	653		4.50%	$	675		4.51%
	Revolving credit facility ⁽¹⁾	75			4.49%	120			4.49%
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		(16		)		(18		)
Other ⁽²⁾		2			0.77%	3			0.59%
	Total long-term debt	$	2,914			$	2,980


⁽¹⁾	Interest rates are weighted-average interest rates as of March 31, 2019 and December 31, 2018.


⁽²⁾	Interest rates are weighted-average interest rates as of March 31, 2019 and December 31, 2018 primarily related to various international credit facilities.