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