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Debt (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2016
Debt |
Long-term Debt |
|  | September 30, |  | December 31, |  | September 30, |
|  | 2016 |  | 2015 |  | 2015 |
Secured Credit Agreement: |  |  |  |  |  |  |  |  |  |
Revolving Credit Facility: |  |  |  |  |  |  |  |  |  |
Revolving Loans |  | $ | — |  | $ | — |  | $ | 220 |
Term Loans: |  |  |  |  |  |  |  |  |  |
Term Loan A |  |  | 1,516 |  |  | 1,546 |  |  | 1,546 |
Term Loan A (€279 million at September 30, 2016) |  |  | 303 |  |  | 301 |  |  | 309 |
Term Loan B |  |  | 558 |  |  | 563 |  |  | 563 |
Senior Notes: |  |  |  |  |  |  |  |  |  |
6.75%, due 2020 (€500 million) |  |  | 557 |  |  | 542 |  |  | 557 |
4.875%, due 2021 (€330 million) |  |  | 367 |  |  | 357 |  |  | 367 |
5.00%, due 2022 |  |  | 495 |  |  | 494 |  |  | 494 |
5.875%, due 2023 |  |  | 681 |  |  | 680 |  |  | 679 |
5.375%, due 2025 |  |  | 296 |  |  | 296 |  |  | 296 |
6.375%, due 2025 |  |  | 294 |  |  | 293 |  |  | 293 |
Senior Debentures: |  |  |  |  |  |  |  |  |  |
7.80%, due 2018 |  |  | 250 |  |  | 250 |  |  | 250 |
Capital Leases |  |  | 62 |  |  | 62 |  |  | 60 |
Other |  |  | 30 |  |  | 29 |  |  | 32 |
Total long-term debt |  |  | 5,409 |  |  | 5,413 |  |  | 5,666 |
Less amounts due within one year |  |  | 76 |  |  | 68 |  |  | 57 |
Long-term debt |  | $ | 5,333 |  | $ | 5,345 |  | $ | 5,609 |
Information related to accounts receivable securitization program |
|  | September 30, |  | December 31, |  | September 30, |
|  | 2016 |  | 2015 |  | 2015 |
Balance (included in short-term loans) |  | $ | 158 |  | $ | 158 |  | $ | 173 |
Weighted average interest rate |  |  | 0.67 | % |  | 1.21 | % |  | 1.11 | %
Fair values of the Company's significant fixed rate debt obligations | Fair values at September 30, 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) |  | $ | 561 |  | $ | 120.37 |  | $ | 675 |
4.875%, due 2021 (€330 million) |  |  | 370 |  |  | 114.45 |  |  | 423 |
5.00%, due 2022 |  |  | 500 |  |  | 106.31 |  |  | 532 |
5.875%, due 2023 |  |  | 700 |  |  | 107.75 |  |  | 754 |
6.375%, due 2025 |  |  | 300 |  |  | 111.00 |  |  | 333 |
5.375%, due 2025 |  |  | 300 |  |  | 104.75 |  |  | 314 |
Senior Debentures: |  |  |  |  |  |  |  |  |  |
7.80%, due 2018 |  |  | 250 |  |  | 108.59 |  |  | 271 |

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