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Debt (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Debt |
Long-term Debt |
|  | 2016 |  | 2015 |
Secured Credit Agreement: |  |  |  |  |  |  |
Revolving Credit Facility: |  |  |  |  |  |  |
Revolving Loans |  | $ | — |  | $ | — |
Term Loans: |  |  |  |  |  |  |
Term Loan A |  |  | 1,395 |  |  | 1,546 |
Term Loan A (€279 million at December 31, 2016) |  |  | 282 |  |  | 301 |
Term Loan B |  |  |  |  |  | 563 |
Senior Notes: |  |  |  |  |  |  |
6.75%, due 2020 (€500 million) |  |  | 523 |  |  | 542 |
4.875%, due 2021 (€330 million) |  |  | 345 |  |  | 357 |
5.00%, due 2022 |  |  | 495 |  |  | 494 |
5.875%, due 2023 |  |  | 682 |  |  | 680 |
3.125%, due 2024 (€500 million) |  |  | 520 |  |  |  |
5.375%, due 2025 |  |  | 297 |  |  | 296 |
6.375%, due 2025 |  |  | 294 |  |  | 293 |
Senior Debentures: |  |  |  |  |  |  |
7.80%, due 2018 |  |  | 250 |  |  | 250 |
Capital leases |  |  | 57 |  |  | 62 |
Other |  |  | 26 |  |  | 29 |
Total long-term debt |  |  | 5,166 |  |  | 5,413 |
Less amounts due within one year |  |  | 33 |  |  | 68 |
Long-term debt |  | $ | 5,133 |  | $ | 5,345 |
Information related to accounts receivable securitization program |
|  | 2016 |  | 2015 |
Balance (included in short-term loans) |  | $ | 152 |  | $ | 158 |
Weighted average interest rate |  |  | 0.74 | % |  | 1.21 | %
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) |  | $ | 526 |  | $ | 120.63 |  | $ | 635 |
4.875%, due 2021 (€330 million) |  |  | 347 |  |  | 114.00 |  |  | 396 |
5.00%, due 2022 |  |  | 500 |  |  | 103.49 |  |  | 517 |
5.875%, due 2023 |  |  | 700 |  |  | 105.37 |  |  | 738 |
3.125%, due 2024 (€500 million) |  |  | 526 |  |  | 100.01 |  |  | 526 |
6.375%, due 2025 |  |  | 300 |  |  | 106.28 |  |  | 319 |
5.375%, due 2025 |  |  | 300 |  |  | 101.17 |  |  | 304 |
Senior Debentures: |  |  |  |  |  |  |  |  |  |
7.80%, due 2018 |  |  | 250 |  |  | 106.26 |  |  | 266 |

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