Debt (Tables)

12 Months Ended

Dec. 31, 2012

Debt

Long-term Debt

	2012		2011
Secured Credit Agreement:
Revolving Credit Facility:
Revolving Loans	$	—	$	—
Term Loans:
Term Loan A (51 million AUD at December 31, 2012)		53		173
Term Loan B		525		600
Term Loan C (102 million CAD at December 31, 2012)		102		114
Term Loan D (€123 million at December 31, 2012)		163		182
Senior Notes:
3.00%, Exchangeable, due 2015		642		624
7.375%, due 2016		591		588
6.875%, due 2017 (€300 million)		396		388
6.75%, due 2020 (€500 million)		660		647
Senior Debentures:
7.80%, due 2018		250		250
Other		95		137
Total long-term debt		3,477		3,703
Less amounts due within one year		23		76
Long-term debt	$	3,454	$	3,627

Carrying values of the liability and equity components of 2015 Exchangeable Notes

	2012		2011
Principal amount of exchangeable notes	$	690	$	690
Unamortized discount on exchangeable notes		48		66
Net carrying amount of liability component	$	642	$	624
Carrying amount of equity component	$	93	$	93

Amount of interest expense recognized on the 2015 Exchangeable Notes

	2012		2011
Contractual coupon interest	$	21	$	21
Amortization of discount on exchangeable notes		18		17
Total interest expense	$	39	$	38

Information related to accounts receivable securitization program

	2012			2011
Balance (included in short-term loans)	$	264		$	281
Weighted average interest rate		1.33	%		2.41	%

Fair values of the Company's significant fixed rate debt obligations

	Principal Amount		Indicated Market Price		Fair Value
Senior Notes:
3.00%, Exchangeable, due 2015	$	690		99.34	$	685
7.375%, due 2016		600		114.50		687
6.875%, due 2017 (€300 million)		396		103.86		411
6.75%, due 2020 (€500 million)		660		114.01		752
Senior Debentures:
7.80%, due 2018		250		112.44		281