XML 106 R64.htm IDEA: XBRL DOCUMENT v3.10.0.1
Note 8. Short And Long-Term Debt Senior Secured Credit Facility (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Feb. 28, 2018
Dec. 31, 2017
Jan. 31, 2017
Jul. 31, 2016
Jul. 20, 2016
Oct. 23, 2015
Mar. 05, 2013
Debt Instrument [Line Items]                
Long-term Debt, Gross [1] $ 3,806              
Letter of Credit, borrowing capacity $ 125              
Additional Credit Facilities               $ 500
Maximum | Required Covenant Ratio to Receive Additional Credit Facilities                
Debt Instrument [Line Items]                
Senior secured leverage ratio 3.50              
Ratio of Indebtedness to Net Capital Denominator 1.00              
Maximum | Required Covenant Ratio                
Debt Instrument [Line Items]                
Senior secured leverage ratio 4.75              
Ratio of Indebtedness to Net Capital Denominator 1.00              
LIBOR                
Debt Instrument [Line Items]                
Description of variable interest rate basis LIBOR              
ABR                
Debt Instrument [Line Items]                
Description of variable interest rate basis ABR              
Term Loan B | LIBOR                
Debt Instrument [Line Items]                
Debt Instrument, basis spread on variable rate 2.25%              
Debt Instrument, basis spread on variable rate, floor 0.75%              
Term Loan B | ABR                
Debt Instrument [Line Items]                
Debt Instrument, basis spread on variable rate 1.25%              
Debt Instrument, basis spread on variable rate, floor 1.75%              
Line of Credit | Revolving Credit Facility                
Debt Instrument [Line Items]                
Line of credit facility borrowing capacity $ 1,400 $ 1,400   $ 1,050     $ 815  
Line of Credit | Revolving Credit Facility | Greater than 3.50 to 1.00 | LIBOR                
Debt Instrument [Line Items]                
Debt Instrument, basis spread on variable rate 2.50%              
Line of Credit | Revolving Credit Facility | Greater than 3.50 to 1.00 | ABR                
Debt Instrument [Line Items]                
Debt Instrument, basis spread on variable rate 1.50%              
Line of Credit | Revolving Credit Facility | Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00 | LIBOR                
Debt Instrument [Line Items]                
Debt Instrument, basis spread on variable rate 2.25%              
Line of Credit | Revolving Credit Facility | Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00 | ABR                
Debt Instrument [Line Items]                
Debt Instrument, basis spread on variable rate 1.25%              
Line of Credit | Revolving Credit Facility | Less than 2.50 to 1.00 but greater than or equal to 2.00 to 1.00 | LIBOR                
Debt Instrument [Line Items]                
Debt Instrument, basis spread on variable rate 2.00%              
Line of Credit | Revolving Credit Facility | Less than 2.50 to 1.00 but greater than or equal to 2.00 to 1.00 | ABR                
Debt Instrument [Line Items]                
Debt Instrument, basis spread on variable rate 1.00%              
Line of Credit | Revolving Credit Facility | Less than 2.00 to 1.00 | LIBOR                
Debt Instrument [Line Items]                
Debt Instrument, basis spread on variable rate 1.75%              
Line of Credit | Revolving Credit Facility | Less than 2.00 to 1.00 | ABR                
Debt Instrument [Line Items]                
Debt Instrument, basis spread on variable rate 0.75%              
Secured Debt | Term Loan B                
Debt Instrument [Line Items]                
Debt Instrument, Repurchase Amount         $ 1,100 $ 1,858    
Long-term Debt, Gross $ 1,069 [2] $ 1,080 $ 1,083          
Annual percentage of original principal amount for quarterly amortization payments 1.00%              
[1] Not included in this table is the Company's Unsecured Letter of Credit Facility which had a capacity of $66 million with $63 million utilized at a weighted average rate of 3.33% at December 31, 2018
[2] The Term Loan B provides for quarterly amortization payments totaling 1% per annum of the original principal amount. The interest rate with respect to term loans under the Term Loan B is based on, at the Company’s option, (a) adjusted LIBOR plus 2.25% (with a LIBOR floor of 0.75%) or (b) ABR plus 1.25% (with an ABR floor of 1.75%).