Debt (Tables)

9 Months Ended

Sep. 30, 2013

Debt

Long-term Debt

	September 30,		December 31,		September 30,
	2013		2012		2012
Secured Credit Agreement:
Revolving Credit Facility:
Revolving Loans	$	—	$	—	$	—
Term Loans:
Term Loan A			53		125
Term Loan B	450		525		548
Term Loan C (81 million CAD at September 30, 2013)	79		102		113
Term Loan D (€99 million at September 30, 2013)	133		163		173
Senior Notes:
3.00%, Exchangeable, due 2015	612		642		637
7.375%, due 2016	592		591		590
6.875%, due 2017 (€300 million)			396		388
6.75%, due 2020 (€500 million)	675		660		647
4.875%, due 2021 (€330 million)	446
Senior Debentures:
7.80%, due 2018	250		250		250
Other	79		95		103
Total long-term debt	3,316		3,477		3,574
Less amounts due within one year	18		23		37
Long-term debt	$	3,298	$	3,454	$	3,537

Information related to accounts receivable securitization program

	September 30,			December 31,			September 30,
	2013			2012			2012
Balance (included in short-term loans)	$	287		$	264		$	276
Weighted average interest rate	1.23		%	1.33		%	1.13		%

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

			Indicated
	Principal		Market	Fair
	Amount		Price	Value
Senior Notes:
3.00%, Exchangeable, due 2015	$	644	103.43	$	666
7.375%, due 2016	600		113.00	678
6.75%, due 2020 (€500 million)	675		113.79	768
4.875%, due 2021 (€330 million)	446		102.48	457
Senior Debentures:
7.80%, due 2018	250		114.64	287