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FINANCIAL INSTRUMENTS (Tables) | 12 Months Ended
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Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Instruments | The Company maintains various fixed-to-variable interest rate swaps to convert a portion of the Company's long-term debt into variable interest rate debt. A summary of the notional amounts of interest rate derivatives – fair value hedges as of December 31, 2015 and 2014 is as follows:
|  | Floating Rate |  | Notional Amount
Debt Instrument |  | Paid by the Company |  | 2015 |  | 2014
3.20% Senior Notes due April 2016 |  | Six-month LIBOR plus a 2.3% spread |  | $ | — |  |  | $ | 200 |
4.75% Senior Notes due January 2020 |  | One-month LIBOR plus a 3.6% spread |  | 350 |  |  | 350 |
4.70% Senior Notes due April 2021 |  | One-month LIBOR plus a 2.45% to 3.39% spread |  | 400 |  |  | 400 |
4.25% Senior Notes due April 2024 |  | One-month LIBOR plus a 1.54% to 1.59% spread |  | 250 |  |  | 250 |
3.50% Senior Notes due March 2025 |  | One-month LIBOR plus a 1.44% spread |  | 200 |  |  | — |
|  |  |  | $ | 1,200 |  |  | $ | 1,200 |
Schedule of The Fair Values of Derivative Instruments | A summary of the fair values of derivative instruments in the consolidated balance sheets is stated in the table below:
| December 31, 2015 |  | December 31, 2014
| Balance Sheet Classification |  | Fair Value |  | Balance Sheet Classification |  | Fair Value
Derivatives Designated as Hedging Instruments |  |  |  |  |  |  |  |
Asset Derivatives: |  |  |  |  |  |  |  |  |
Interest rate swaps | Other assets |  | $ | 23 |  |  | Other assets |  | $ | 17 |
Liability Derivatives: |  |  |  |  |  |  |
Interest rate swaps | Other liabilities |  | 6 |  |  | Other liabilities |  | 13 |
Forward starting interest rate swaps |  |  | — |  |  | Other liabilities |  | 15 |
Total Liability Derivatives |  |  | 6 |  |  |  |  | 28 |
Derivatives Not Designated as Hedging Instruments |  |  |  |  |  |  |  |
Asset Derivatives: |  |  |  |  |  |  |  |  |
Put option |  |  | — |  |  | Prepaid expenses and other current assets |  | 1 |
Liability Derivatives: |  |  |  |  |  |  |  |  |
Call option |  |  | — |  |  | Accounts payable and accrued expenses |  | 5 |
Total Net Derivatives Assets (Liabilities) |  |  | $ | 17 |  |  |  |  | $ | (15 | )

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- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=56946850&loc=d3e41641-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624163-113959 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=56946850&loc=d3e41678-113959 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=56946850&loc=d3e41638-113959 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5580258-113959 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5579245-113959 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624171-113959 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 25 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6886632&loc=d3e76258-113986 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5579240-113959 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=56946850&loc=d3e41620-113959 Reference 11: 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.(n)(2)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
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