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Subsequent Events Subsequent Events (Details) - USD ($)
$ in Millions
May. 03, 2016
Mar. 31, 2016
Dec. 31, 2015
Subsequent Event [Line Items]      
Long-term Debt [1]   $ 3,964  
Senior Notes | 3.375% Interest Rate      
Subsequent Event [Line Items]      
Long-term Debt   $ 500 $ 499
Interest Rate   3.375%  
Line of Credit | Revolving Credit Facility      
Subsequent Event [Line Items]      
Long-term Line of Credit   $ 0 [2],[3] $ 200
Line of Credit | Revolving Credit Facility | Subsequent Event      
Subsequent Event [Line Items]      
Long-term Line of Credit $ 400    
[1] Not included in this table, the Company had $133 million of outstanding letters of credit at March 31, 2016, of which $53 million was under the synthetic letter of credit facility with a rate of 4.25% and $80 million was under the unsecured letter of credit facility with a rate of 2.98%.
[2] As of March 31, 2016, the Company had $815 million of borrowing capacity under its Revolving Credit Facility leaving $815 million of available capacity. On May 3, 2016, the Company had $400 million outstanding borrowings on the Revolving Credit Facility and no outstanding letters of credit on such facility, leaving $415 million of available capacity. The increase in outstanding borrowings compared to March 31, 2016 was a result of the repayment of the 3.375% Senior Notes at maturity on May 2, 2016.
[3] Interest rates with respect to revolving loans under the Term Loan A Facility at March 31, 2016 were based on, at the Company's option, (a) adjusted LIBOR plus an additional margin or (b) ABR plus an additional margin, in each case subject to adjustment based on the then current senior secured leverage ratio. Based on the December 31, 2015 senior secured leverage ratio, the LIBOR margin was 2.25% and the ABR margin was 1.25%.