Debt (Tables)

6 Months Ended

Jun. 30, 2019

Debt

Long-term Debt

	June 30,		December 31,		June 30,
	2019		2018		2018
Secured Credit Agreement:
Revolving Credit Facility:
Revolving Loans	$	389	$		$
Term Loans:
Term Loan A		1,496
Previous Secured Credit Agreement:
Revolving Credit Facility:
Revolving Loans						397
Term Loans:
Term Loan A				897		908
Other secured debt		454		404		150
Senior Notes:
6.75%, due 2020 (€500 million)		567		570		580
4.875%, due 2021 (€330 million)		374		376		383
5.00%, due 2022		497		497		496
4.00%, due 2023		307		306		306
5.875%, due 2023		689		688		686
3.125%, due 2024 (€725 million)		845		825		833
6.375%, due 2025		296		295		295
5.375%, due 2025		298		297		297
Finance leases		41		45		50
Other		12		14		17
Total long-term debt		6,265		5,214		5,398
Less amounts due within one year		30		33		21
Long-term debt	$	6,235	$	5,181	$	5,377

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

Fair values at June 30, 2019 of the Company’s significant fixed rate debt obligations are as follows:

	Principal		Indicated
	Amount		Market Price		Fair Value
Senior Notes:
6.75%, due 2020 (€500 million)	$	568	$	108.48	$	616
4.875%, due 2021 (€330 million)		375		108.35		406
5.00%, due 2022		500		102.95		515
5.875%, due 2023		700		107.36		752
4.00%, due 2023		310		100.37		311
3.125%, due 2024 (€725 million)		824		108.85		897
6.375%, due 2025		300		107.66		323
5.375%, due 2025		300		103.49		310