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Risk Management and Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2016
Risk Management and Fair Value of Financial Instruments [Abstract]  
Schedule of Derivative Instruments [Table Text Block]
the term loan facilities as follows:
Notional Value (in millions)
Commencement Date
Expiration Date
$225
July 2012
February 2018
$200
January 2013
February 2018
$600
August 2015
August 2020
$450
November 2017
November 2022
Notional Value (in millions)
Commencement Date
Expiration Date
$225
July 2012
February 2018
$200
January 2013
February 2018
$600
August 2015
August 2020
$450
November 2017
November 2022
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The fair value of derivative instruments was as follows:
Liability Derivatives
 
Fair Value
Not Designated as Hedging Instruments
 
Balance Sheet Location
 
December 31, 2016
 
December 31, 2015
Interest rate swap contracts
 
Other non-current liabilities
 
$
33

 
$
47

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance
Derivative Instruments Not
Designated as Hedging Instruments
 
Location of (Gain) or Loss Recognized for Derivative Instruments
 
(Gain) or Loss Recognized on Derivatives
Year Ended December 31,
2016
 
2015
 
2014
Interest rate swap contracts
 
Interest expense
 
$
6

 
$
20

 
$
32

Foreign exchange contracts
 
Operating expense
 
(2
)
 
(2
)
 
(3
)
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table summarizes fair value measurements by level at December 31, 2016 for assets and liabilities measured at fair value on a recurring basis:
 
Level I
 
Level II
 
Level III
 
Total
Interest rate swaps (included in other non-current liabilities)
$

 
$
33

 
$

 
$
33

Deferred compensation plan assets (included in other non-current assets)
3

 

 

 
3

Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and non-current liabilities)

 

 
50

 
50

The following table summarizes fair value measurements by level at December 31, 2015 for assets and liabilities measured at fair value on a recurring basis:
 
Level I
 
Level II
 
Level III
 
Total
Interest rate swaps (included in other non-current liabilities)
$

 
$
47

 
$

 
$
47

Deferred compensation plan assets (included in other non-current assets)
3

 

 

 
3

Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and non-current liabilities)

 

 
59

 
59

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following table presents changes in Level III financial liabilities measured at fair value on a recurring basis:
 
 
Level III
Fair value of contingent consideration at December 31, 2015
 
$
59

Additions: contingent consideration related to acquisitions completed during the period
 
19

Reductions: payments of contingent consideration (reflected in the financing section of the Consolidated Statement of Cash Flows)
 
(26
)
Changes in fair value (reflected in the Consolidated Statement of Operations)
 
(2
)
Fair value of contingent consideration at December 31, 2016
 
$
50

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments
The following table summarizes the principal amount of the Company’s indebtedness compared to the estimated fair value, primarily determined by quoted market values, at:
 
December 31, 2016
 
December 31, 2015
 
Principal Amount
 
Estimated
Fair Value (a)
 
Principal Amount
 
Estimated
Fair Value (a)
Senior Secured Credit Facility:
 
 
 
 
 
 
 
Revolving Credit Facility
$
200

 
$
200

 
$
200

 
$
200

Term Loan B
1,094

 
1,100

 
1,867

 
1,849

Term Loan A Facility:
 
 
 
 
 
 
 
Term Loan A
413

 
414

 
435

 
426

Term Loan A-1
351

 
351

 

 

3.375% Senior Notes

 

 
500

 
500

4.50% Senior Notes
450

 
461

 
450

 
464

5.25% Senior Notes
550

 
562

 
300

 
308

4.875% Senior Notes
500

 
483

 

 

Securitization obligations
205

 
205

 
247

 
247

_______________
(a)
The fair value of the Company's indebtedness is categorized as Level I.