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Debt (Tables)
3 Months Ended
Mar. 31, 2016
Debt [Abstract]  
Components Of Debt



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

 

March 31, 2016



 

 

(in millions)



 

Debt Instrument

 

Unamortized Issuance Cost

 

Unamortized Debt Discount

 

Total

Short-term debt:

 

 

 

 

 

 

 

 

 

 

 

 

7.15% Senior Notes due May 2018

 

$

 

$

–  

 

$

–  

 

$

Total short-term debt

 

$

 

$

–  

 

$

–  

 

$



 

 

 

 

 

 

 

 

 

 

 

 

Long-term debt:

 

 

 

 

 

 

 

 

 

 

 

 

Variable rate (4.154% at March 31, 2016) credit facility, expires December 2018

 

 

1,852 

 

 

–  

 

 

–  

 

 

1,852 

Variable rate (2.025% at March 31, 2016) term loan facility, due November 2018

 

 

750 

 

 

(2)

 

 

–  

 

 

748 

7.35% Senior Notes due October 2017

 

 

15 

 

 

–  

 

 

–  

 

 

15 

7.125% Senior Notes due October 2017

 

 

25 

 

 

–  

 

 

–  

 

 

25 

3.3% Senior Notes due January 2018

 

 

350 

 

 

(2)

 

 

–  

 

 

348 

7.5% Senior Notes due February 2018

 

 

600 

 

 

(2)

 

 

–  

 

 

598 

7.15% Senior Notes due May 2018

 

 

26 

 

 

–  

 

 

–  

 

 

26 

4.05% Senior Notes due January 2020

 

 

850 

 

 

(5)

 

 

–  

 

 

845 

4.10% Senior Notes due March 2022

 

 

1,000 

 

 

(5)

 

 

(1)

 

 

994 

4.95% Senior Notes due January 2025

 

 

1,000 

 

 

(7)

 

 

(2)

 

 

991 

Total long-term debt

 

$

6,468 

 

$

(23)

 

$

(3)

 

$

6,442 



 

 

 

 

 

 

 

 

 

 

 

 

Total debt

 

$

6,469 

 

$

(23)

 

$

(3)

 

$

6,443 



 

 

 

 

 

 

 

 

 

 

 

 





 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

 

December 31, 2015



 

 

(in millions)



 

Debt Instrument

 

Unamortized Issuance Cost

 

Unamortized Debt Discount

 

Total

Short-term debt:

 

 

 

 

 

 

 

 

 

 

 

 

7.15% Senior Notes due May 2018

 

$

 

$

–  

 

$

–  

 

$

Total short-term debt

 

$

 

$

–  

 

$

–  

 

$



 

 

 

 

 

 

 

 

 

 

 

 

Long-term debt:

 

 

 

 

 

 

 

 

 

 

 

 

Variable rate (1.886% at December 31, 2015) credit facility, expires December 2018

 

 

116 

 

 

–  

 

 

–  

 

 

116 

Variable rate (1.775% at December 31, 2015) term loan facility, due November 2018

 

 

750 

 

 

(3)

 

 

–  

 

 

747 

7.35% Senior Notes due October 2017

 

 

15 

 

 

–  

 

 

–  

 

 

15 

7.125% Senior Notes due October 2017

 

 

25 

 

 

–  

 

 

–  

 

 

25 

3.3% Senior Notes due January 2018

 

 

350 

 

 

(2)

 

 

–  

 

 

348 

7.5% Senior Notes due February 2018

 

 

600 

 

 

(2)

 

 

–  

 

 

598 

7.15% Senior Notes due May 2018

 

 

26 

 

 

–  

 

 

–  

 

 

26 

4.05% Senior Notes due January 2020

 

 

850 

 

 

(5)

 

 

(1)

 

 

844 

4.10% Senior Notes due March 2022

 

 

1,000 

 

 

(5)

 

 

(1)

 

 

994 

4.95% Senior Notes due January 2025

 

 

1,000 

 

 

(7)

 

 

(2)

 

 

991 

Total long-term debt

 

$

4,732 

 

$

(24)

 

$

(4)

 

$

4,704 



 

 

 

 

 

 

 

 

 

 

 

 

Total debt

 

$

4,733 

 

$

(24)

 

$

(4)

 

$

4,705