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Debt (Tables)
3 Months Ended
Mar. 31, 2014
Debt Disclosure [Abstract]  
Components of Debt

The following table summarizes the major components of debt at each balance sheet date (in millions) and provides the maturities and interest rate ranges of each major category as of March 31, 2014:

 

     March 31,
2014
     December 31,
2013
 

U.S. revolving credit facility, maturing July 2018 (weighted average interest rate of 1.2% at March 31, 2014 and December 31, 2013)

   $ 790       $ 420   

Letter of credit facilities, maturing through December 2016

     —           —     

Canadian credit facility and term loan, maturing November 2017 (weighted average effective interest rate of 2.5% at March 31, 2014 and 2.7% at December 31, 2013)

     375         414   

Senior notes maturing through 2039, interest rates ranging from 2.60% to 7.75% (weighted average interest rate of 5.8% at March 31, 2014 and 5.7% at December 31, 2013)

     5,933         6,287   

Tax-exempt bonds, maturing through 2045, fixed and variable interest rates ranging from 0.06% to 5.7% (weighted average interest rate of 2.3% at March 31, 2014 and December 31, 2013)

     2,664         2,664   

Capital leases and other, maturing through 2055, interest rates up to 12%

     432         441   
  

 

 

    

 

 

 
     10,194         10,226   

Current portion of long-term debt

     1,216         726   
  

 

 

    

 

 

 
   $ 8,978       $ 9,500