XML 58 R38.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Long-Term Debt (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Debt Disclosure [Abstract] |
Schedule of Long Term Debt | Long-term debt as of December 31, 2016 and 2015 consisted of the following (in millions):
| 2016 |  | 2015
2017 Term Loans (1) | $ | — |  |  | $ | 1,300 |
2018 Term Loans (2) | 550 |  |  | 1,500 |
Senior Notes due June 2017, interest payable semi-annually at 1.450% | 300 |  |  | 300 |
Senior Notes due April 2018, interest payable semi-annually at 2.000% | 250 |  |  | 250 |
Senior Notes due October 2018, interest payable semi-annually at 2.850% | 750 |  |  | 750 |
Senior Notes due October 2020, interest payable semi-annually at 3.625% | 1,750 |  |  | 1,750 |
Senior Notes due August 2021, interest payable semi-annually at 2.250% | 750 |  |  | — |
Senior Notes due March 2022, interest payable semi-annually at 5.000% | 700 |  |  | 700 |
Senior Notes due October 2022, interest payable semi-annually at 4.500% | 500 |  |  | 500 |
Senior Notes due April 2023, interest payable semi-annually at 3.500% | 1,000 |  |  | 1,000 |
Senior Notes due June 2024, interest payable semi-annually at 3.875% | 700 |  |  | 700 |
Senior Notes due October 2025, interest payable semi-annually at 5.000% | 1,500 |  |  | 1,500 |
Senior Notes due August 2026, interest payable semi-annually at 3.000% | 1,250 |  |  | — |
Senior Notes due August 2046, interest payable semi-annually at 4.500% | 500 |  |  | — |
Revolving Loan, (3) | 36 |  |  | 1,250 |
Other | (58 | ) |  | (56 | )
| 10,478 |  |  | 11,444 |
Current portion | (332 | ) |  | (15 | )
Long-term debt, excluding current portion | $ | 10,146 |  |  | $ | 11,429 |
__________________________________________
(1) | Interest on the 2017 Term Loans was generally payable at LIBOR plus an applicable margin of up to 1.75% based upon the Company's corporate credit ratings.
(2) | Interest on the 2018 Term Loans is generally payable at LIBOR plus an applicable margin of up to 1.75% based upon the Company's corporate credit ratings. As of December 31, 2016, the weighted average interest rate on the 2018 Term Loans was 1.87%.
(3) | Interest on the Revolving Loan is generally payable at LIBOR plus an applicable margin of up to 1.75% plus an unused commitment fee of up to 0.25%, each based upon the Company's corporate credit ratings. As of December 31, 2016, the weighted average interest rate on the Revolving Loan, excluding fees, was 1.75%.
Schedule of Principal Maturities of Long-term Debt | The following summarizes the aggregate maturities of our debt and capital leases on stated contractual maturities, excluding unamortized non-cash bond premiums and discounts of $36 million as of December 31, 2016 (in millions):
|  | Total
2017 |  | $ | 332 |
2018 |  | 1,564 |
2019 |  | 9 |
2020 |  | 1,750 |
2021 |  | 786 |
Thereafter |  | 6,150 |
Total principal payments |  | 10,591 |
Debt issuance costs, net of accumulated amortization |  | (77 | )
Total long-term debt |  | 10,514 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=64930739&loc=d3e28878-108400 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28541-108399 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration