XML 110 R29.htm IDEA: XBRL DOCUMENT v3.10.0.1
Debt (Tables)
 9 Months Ended
Sep. 30, 2018
Debt Disclosure [Abstract]  
Schedule of maturities of long-term debt
As of September 30, 2018, contractual maturities of debt were as follows. All amounts represent the principal amounts of the debt instruments outstanding.
 
Total
 
2019
 
2020
 
2021
 
2022
 
2023
 
Thereafter
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(In millions)
5.375% Notes
$
700

 
$
—

 
$
—

 
$
—

 
$
700

 
$
—

 
$
—

4.875% Notes
330

 
—

 
—

 
—

 
—

 
—

 
330

1.125% Notes
314

 
—

 
314

 
—

 
—

 
—

 
—

 
$
1,344

 
$
—

 
$
314

 
$
—

 
$
700

 
$
—

 
$
330
Long term debt
The following table summarizes our outstanding debt obligations and their classification in the accompanying consolidated balance sheets:
 
September 30,
2018
 
December 31,
2017
 
(In millions)
Current portion of long-term debt:
 
 
 
1.125% Notes, net of unamortized discount of $18 at September 30, 2018, and $51 at December 31, 2017
$
296

 
$
499

1.625% Notes, net of unamortized discount of $3 at December 31, 2017
—

 
157

Lease financing obligations
1

 
1

Debt issuance costs
(1
)
 
(4
)
 
296

 
653

Non-current portion of long-term debt:
 
 
 
5.375% Notes
700

 
700

4.875% Notes
330

 
330

Credit Facility
—

 
300

Debt issuance costs
(11
)
 
(12
)
 
1,019

 
1,318

Lease financing obligations
198

 
198

 
$
1,513

 
$
2,169
Interest Costs
Interest cost recognized relating to our convertible senior notes for the periods presented was as follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
 
(In millions)
Contractual interest at coupon rate
$
1

 
$
3

 
$
5

 
$
9

Amortization of the discount
5

 
8

 
18

 
24

 
$
6

 
$
11

 
$
23

 
$
33