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Basis Of Presentation (Tables) | 6 Months Ended
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Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Fair Value Hierarchy | The following table summarizes fair value measurements by level at June 30, 2018 for assets and liabilities measured at fair value on a recurring basis:
| Level I |  | Level II |  | Level III |  | Total
Deferred compensation plan assets (included in other non-current assets) | $ | 3 |  |  | $ | — |  |  | $ | — |  |  | $ | 3 |
Interest rate swaps (included in other non-current assets) | — |  |  | 12 |  |  | — |  |  | 12 |
Interest rate swaps (included in other non-current liabilities) | — |  |  | 7 |  |  | — |  |  | 7 |
Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities) | — |  |  | — |  |  | 29 |  |  | 29 |
The following table summarizes fair value measurements by level at December 31, 2017 for assets and liabilities measured at fair value on a recurring basis:
| Level I |  | Level II |  | Level III |  | Total
Deferred compensation plan assets (included in other non-current assets) | $ | 3 |  |  | $ | — |  |  | $ | — |  |  | $ | 3 |
Interest rate swaps (included in other current and non-current liabilities) | — |  |  | 13 |  |  | — |  |  | 13 |
Contingent consideration for acquisitions (included in accrued expenses and other current liabilities and other non-current liabilities) | — |  |  | — |  |  | 34 |  |  | 34 |
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, 2017 |  | $ | 34 |
Additions: contingent consideration related to acquisitions completed during the period |  | — |
Reductions: payments of contingent consideration |  | (4 | )
Changes in fair value (reflected in the Consolidated Statement of Operations) |  | (1 | )
Fair value of contingent consideration at June 30, 2018 |  | $ | 29 |
Fair Value, by Balance Sheet Grouping | 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:
| June 30, 2018 |  | December 31, 2017
Debt | Principal Amount |  | Estimated Fair Value (a) |  | Principal Amount |  | Estimated Fair Value (a)
Senior Secured Credit Facility: |  |  |  |  |  |  |
Revolving Credit Facility | $ | 312 |  |  | $ | 312 |  |  | $ | 70 |  |  | $ | 70 |
Term Loan B | 1,075 |  |  | 1,071 |  |  | 1,083 |  |  | 1,085 |
Term Loan A Facility: |  |  |  |  |  |  |
Term Loan A | 745 |  |  | 745 |  |  | 391 |  |  | 393 |
Term Loan A-1 | — |  |  | — |  |  | 342 |  |  | 343 |
4.50% Senior Notes | 450 |  |  | 450 |  |  | 450 |  |  | 457 |
5.25% Senior Notes | 550 |  |  | 549 |  |  | 550 |  |  | 569 |
4.875% Senior Notes | 500 |  |  | 470 |  |  | 500 |  |  | 495 |
Securitization obligations | 261 |  |  | 261 |  |  | 194 |  |  | 194 |
_______________
(a) | The fair value of the Company's indebtedness is categorized as Level II.
Schedule of Derivative Instruments |
Notional Value (in millions) |  | Commencement Date |  | Expiration Date
$600 |  | August 2015 |  | August 2020
$450 |  | November 2017 |  | November 2022
$400 | (a) | August 2020 |  | August 2025
$150 | (a) | November 2022 |  | November 2027
_______________
(a) | During the second quarter of 2018, the Company entered into four new forward starting interest rate swaps, two with a notional value of $125 million and two with a notional value of $150 million.
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value | The fair value of derivative instruments was as follows:
Not Designated as Hedging Instruments |  | Balance Sheet Location |  | June 30, 2018 |  | December 31, 2017
Interest rate swap contracts |  | Other non-current assets |  | $ | 12 |  |  | $ | — |
| Other current and non-current liabilities |  | 7 |  |  | 13 |
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location | The effect of derivative instruments on earnings was as follows:
Derivative Instruments Not Designated as Hedging Instruments |  | Location of (Gain) or Loss Recognized for Derivative Instruments |  | (Gain) or Loss Recognized on Derivatives
Three Months Ended June 30, |  | Six Months Ended June 30,
| 2018 |  | 2017 |  | 2018 |  | 2017
Interest rate swap contracts |  | Interest expense |  | $ | — |  |  | $ | 5 |  |  | $ | (12 | ) |  | $ | 4 |
Foreign exchange contracts |  | Operating expense |  | $ | (1 | ) |  | $ | 1 |  |  | $ | (1 | ) |  | $ | 1 |

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- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=109250915&loc=d3e13467-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19279-110258 + Details
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