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Debt (Tables)
3 Months Ended
Mar. 31, 2020
Debt  
Long-term Debt

March 31,

December 31,

March 31,

    

2020

    

2019

    

2019

Secured Credit Agreement:

Revolving Credit Facility:

Revolving Loans

$

817

$

$

Term Loans:

Term Loan A

1,477

1,477

Previous Secured Credit Agreement:

Revolving Credit Facility:

Revolving Loans

553

Term Loans:

Term Loan A

897

Other secured debt

330

333

504

Senior Notes:

6.75%, due 2020 (€500 million)

 

560

4.875%, due 2021 (€118 million at March 31, 2020 and December 31, 2019 and €330 million at March 31, 2019)

 

130

132

369

5.00%, due 2022

497

497

497

4.00%, due 2023

307

307

307

5.875%, due 2023

689

689

688

3.125%, due 2024 (€725 million)

813

824

824

6.375%, due 2025

296

295

296

5.375%, due 2025

297

297

298

2.875%, due 2025 (€500 million)

543

552

Finance leases

84

70

43

Other

 

13

11

18

Total long-term debt

 

6,293

 

5,484

5,854

Less amounts due within one year

 

178

49

34

Long-term debt

$

6,115

$

5,435

$

5,820

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

Principal

Indicated

 

    

Amount

    

Market Price

    

Fair Value

 

Senior Notes:

4.875%, due 2021 (€118 million)

 

130

 

99.96

130

5.00%, due 2022

 

500

 

100.96

505

5.875%, due 2023

700

91.81

643

4.00%, due 2023

310

95.00

295

3.125%, due 2024 (€725 million)

798

94.82

757

6.375%, due 2025

300

88.71

266

5.375%, due 2025

300

94.91

285

2.875%, due 2025 (€500 million)

551

93.20

513