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Debt (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2015
Debt |
Long-term Debt |
|  | 2015 |  | 2014 |
Secured Credit Agreement: |  |  |  |  |  |  |
Revolving Credit Facility: |  |  |  |  |  |  |
Revolving Loans |  | $ | — |  | $ | — |
Term Loans: |  |  |  |  |  |  |
Term Loan A |  |  | 1,546 |  |  |  |
Term Loan A (€279 million at December 31, 2015) |  |  | 301 |  |  |  |
Term Loan B |  |  | 563 |  |  |  |
Previous Secured Credit Agreement: |  |  |  |  |  |  |
Term Loans: |  |  |  |  |  |  |
Term Loan B (USD tranche) |  |  |  |  |  | 404 |
Term Loan C (CAD tranche) |  |  |  |  |  | 70 |
Term Loan D (EUR tranche) |  |  |  |  |  | 103 |
Senior Notes: |  |  |  |  |  |  |
3.00%, Exchangeable, due 2015 |  |  |  |  |  | 18 |
7.375%, due 2016 |  |  |  |  |  | 594 |
6.75%, due 2020 (€500 million) |  |  | 542 |  |  | 603 |
4.875%, due 2021 (€330 million) |  |  | 357 |  |  | 397 |
5.00%, due 2022 |  |  | 494 |  |  | 493 |
5.875%, due 2023 |  |  | 680 |  |  |  |
5.375%, due 2025 |  |  | 296 |  |  | 295 |
6.375%, due 2025 |  |  | 293 |  |  |  |
Senior Debentures: |  |  |  |  |  |  |
7.80%, due 2018 |  |  | 250 |  |  | 249 |
Capital Leases |  |  | 62 |  |  | 63 |
Other |  |  | 29 |  |  | 29 |
Total long-term debt |  |  | 5,413 |  |  | 3,318 |
Less amounts due within one year |  |  | 68 |  |  | 361 |
Long-term debt |  | $ | 5,345 |  | $ | 2,957 |
Information related to accounts receivable securitization program |
|  | 2015 |  | 2014 |
Balance (included in short-term loans) |  | $ | 158 |  | $ | 122 |
Weighted average interest rate |  |  | 1.21 | % |  | 1.41 | %
Fair values of the Company's significant fixed rate debt obligations |
|  | Principal |  | Indicated |  |  |
|  | Amount |  | Market Price |  | Fair Value |
Senior Notes: |  |  |  |  |  |  |  |  |  |
6.75%, due 2020 (€500 million) |  | $ | 547 |  | $ | 116.75 |  | $ | 639 |
4.875%, due 2021 (€330 million) |  |  | 361 |  |  | 109.19 |  |  | 394 |
5.00%, due 2022 |  |  | 500 |  |  | 98.25 |  |  | 491 |
5.875%, due 2023 |  |  | 700 |  |  | 101.00 |  |  | 707 |
5.375%, due 2025 |  |  | 300 |  |  | 101.50 |  |  | 305 |
6.375%, due 2025 |  |  | 300 |  |  | 97.50 |  |  | 293 |
Senior Debentures: |  |  |  |  |  |  |  |  |  |
7.80%, due 2018 |  |  | 250 |  |  | 110.90 |  |  | 277 |

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