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LONG-TERM DEBT (Tables)
6 Months Ended
Jun. 30, 2016
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Long-term debt obligations on the consolidated balance sheet (in millions):
 
June 30,
2016
 
December 31,
2015
Fixed-rate notes payable due through 2024
$
474

 
$
520

Variable-rate notes payable due through 2025
155

 
166

Less debt issuance costs
(3
)
 
(3
)
Total debt
626

 
683

Less current portion
117

 
114

Long-term debt, less current portion
$
509

 
$
569

 
 
 
 
Weighted-average fixed-interest rate
5.7
%
 
5.7
%
Weighted-average variable-interest rate
2.1
%
 
1.8
%
Schedule of Maturities of Long-term Debt
At June 30, 2016, long-term debt principal payments for the next five years and thereafter are as follows (in millions):
 
Total
Remainder of 2016
$
58

2017
121

2018
151

2019
114

2020
116

Thereafter
69

Total
$
629