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Debt (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2016
Debt |
Long-term Debt |
|  | March 31, |  | December 31, |  | March 31, |
|  | 2016 |  | 2015 |  | 2015 |
Secured Credit Agreement: |  |  |  |  |  |  |  |  |  |
Revolving Credit Facility: |  |  |  |  |  |  |  |  |  |
Revolving Loans |  | $ | 288 |  | $ | — |  | $ | — |
Term Loans: |  |  |  |  |  |  |  |  |  |
Term Loan A |  |  | 1,534 |  |  | 1,546 |  |  |  |
Term Loan A (€279 million at March 31, 2016) |  |  | 309 |  |  | 301 |  |  |  |
Term Loan B |  |  | 558 |  |  | 563 |  |  |  |
Previous Secured Credit Agreement: |  |  |  |  |  |  |  |  |  |
Revolving Credit Facility: |  |  |  |  |  |  |  |  |  |
Revolving Loans |  |  |  |  |  |  |  |  | 264 |
Term Loans: |  |  |  |  |  |  |  |  |  |
Term Loan B (USD tranche) |  |  |  |  |  |  |  |  | 389 |
Term Loan C (CAD tranche) |  |  |  |  |  |  |  |  | 59 |
Term Loan D (EUR tranche) |  |  |  |  |  |  |  |  | 91 |
Senior Notes: |  |  |  |  |  |  |  |  |  |
3.00%, Exchangeable, due 2015 |  |  |  |  |  |  |  |  | 18 |
7.375%, due 2016 |  |  |  |  |  |  |  |  | 595 |
6.75%, due 2020 (€500 million) |  |  | 561 |  |  | 542 |  |  | 534 |
4.875%, due 2021 (€330 million) |  |  | 370 |  |  | 357 |  |  | 352 |
5.00%, due 2022 |  |  | 494 |  |  | 494 |  |  | 493 |
5.875%, due 2023 |  |  | 680 |  |  | 680 |  |  |  |
5.375%, due 2025 |  |  | 296 |  |  | 296 |  |  | 296 |
6.375%, due 2025 |  |  | 294 |  |  | 293 |  |  |  |
Senior Debentures: |  |  |  |  |  |  |  |  |  |
7.80%, due 2018 |  |  | 250 |  |  | 250 |  |  | 249 |
Capital Leases |  |  | 58 |  |  | 62 |  |  | 66 |
Other |  |  | 32 |  |  | 29 |  |  | 24 |
Total long-term debt |  |  | 5,724 |  |  | 5,413 |  |  | 3,430 |
Less amounts due within one year |  |  | 62 |  |  | 68 |  |  | 458 |
Long-term debt |  | $ | 5,662 |  | $ | 5,345 |  | $ | 2,972 |
Information related to accounts receivable securitization program |
|  | March 31, |  | December 31, |  | March 31, |
|  | 2016 |  | 2015 |  | 2015 |
Balance (included in short-term loans) |  | $ | 157 |  | $ | 158 |  | $ | 171 |
Weighted average interest rate |  |  | 1.03 | % |  | 1.21 | % |  | 1.36 | %
Fair values of the Company's significant fixed rate debt obligations | Fair values at March 31, 2016 of the Company’s significant fixed rate debt obligations are as follows:
|  | Principal |  | Indicated |  |  |
|  | Amount |  | Market Price |  | Fair Value |
Senior Notes: |  |  |  |  |  |  |  |  |  |
6.75%, due 2020 (€500 million) |  | $ | 566 |  | $ | 117.13 |  | $ | 663 |
4.875%, due 2021 (€330 million) |  |  | 374 |  |  | 109.69 |  |  | 410 |
5.00%, due 2022 |  |  | 500 |  |  | 101.25 |  |  | 506 |
5.875%, due 2023 |  |  | 700 |  |  | 104.38 |  |  | 731 |
5.375%, due 2025 |  |  | 300 |  |  | 100.13 |  |  | 300 |
6.375%, due 2025 |  |  | 300 |  |  | 105.13 |  |  | 315 |
Senior Debentures: |  |  |  |  |  |  |  |  |  |
7.80%, due 2018 |  |  | 250 |  |  | 110.45 |  |  | 276 |

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