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Note 8. Short And Long-Term Debt Term Loan A Facility (Details) - USD ($)
$ in Millions

12 Months Ended

Dec. 31, 2018

Feb. 28, 2018

Dec. 31, 2017

Jul. 20, 2016

Oct. 23, 2015

Mar. 05, 2013

Debt Instrument [Line Items]

Long-term Debt, Gross

^[1]

$ 3,806

Additional Credit Facilities

$ 500

Maximum | Required Covenant Ratio to Receive Additional Credit Facilities

Debt Instrument [Line Items]

Ratio of Indebtedness to Net Capital

3.50

Ratio of Indebtedness to Net Capital Denominator

1.00

Secured Debt | Term Loan A

Debt Instrument [Line Items]

Debt Instrument, Repurchase Amount

$ 435

Long-term Debt, Gross

$ 736

^[2]

$ 750

$ 391

Secured Debt | Term Loan A | LIBOR | Greater than 3.50 to 1.00

Debt Instrument [Line Items]

Debt Instrument, basis spread on variable rate

2.50%

Secured Debt | Term Loan A | LIBOR | Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00

Debt Instrument [Line Items]

Debt Instrument, basis spread on variable rate

2.25%

Secured Debt | Term Loan A | LIBOR | Less than 2.50 to 1.00 but greater than or equal to 2.00 to 1.00

Debt Instrument [Line Items]

Debt Instrument, basis spread on variable rate

2.00%

Secured Debt | Term Loan A | LIBOR | Less than 2.00 to 1.00

Debt Instrument [Line Items]

Debt Instrument, basis spread on variable rate

1.75%

Secured Debt | Term Loan A | ABR | Greater than 3.50 to 1.00

Debt Instrument [Line Items]

Debt Instrument, basis spread on variable rate

1.50%

Secured Debt | Term Loan A | ABR | Less than or equal to 3.50 to 1.00 but greater than or equal to 2.50 to 1.00

Debt Instrument [Line Items]

Debt Instrument, basis spread on variable rate

1.25%

Secured Debt | Term Loan A | ABR | Less than 2.50 to 1.00 but greater than or equal to 2.00 to 1.00

Debt Instrument [Line Items]

Debt Instrument, basis spread on variable rate

1.00%

Secured Debt | Term Loan A | ABR | Less than 2.00 to 1.00

Debt Instrument [Line Items]

Debt Instrument, basis spread on variable rate

0.75%

Secured Debt | Term Loan A | 2018

Debt Instrument [Line Items]

Annual percentage of original principal amount for quarterly amortization payments

2.50%

Secured Debt | Term Loan A | 2019

Debt Instrument [Line Items]

Annual percentage of original principal amount for quarterly amortization payments

2.50%

Secured Debt | Term Loan A | 2020

Debt Instrument [Line Items]

Annual percentage of original principal amount for quarterly amortization payments

5.00%

Secured Debt | Term Loan A | 2021

Debt Instrument [Line Items]

Annual percentage of original principal amount for quarterly amortization payments

7.50%

Secured Debt | Term Loan A | 2022

Debt Instrument [Line Items]

Annual percentage of original principal amount for quarterly amortization payments

10.00%

Secured Debt | Term Loan A-1

Debt Instrument [Line Items]

Debt Instrument, Repurchase Amount

$ 355

Long-term Debt, Gross

$ 0

$ 342

Secured Debt | Term Loan A Facility

Debt Instrument [Line Items]

Additional Credit Facilities

$ 500

Secured Debt | Term Loan A Facility | Maximum | Required Covenant Ratio to Receive Additional Credit Facilities

Debt Instrument [Line Items]

Ratio of Indebtedness to Net Capital

350.00%

Ratio of Indebtedness to Net Capital Denominator

100.00%

[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 A provides for quarterly amortization payments, which commenced on June 30, 2018, totaling per annum 2.5%, 2.5%, 5.0%, 7.5% and 10.0% of the original principal amount of the Term Loan A, with the balance of the Term Loan A due at maturity on February 8, 2023. The interest rates with respect to the Term Loan A are 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 previous quarter senior secured leverage ratio, the LIBOR margin was 2.25% and the ABR margin was 1.25% for the three months ended December 31, 2018.

X

- Definition

The amount of additional credit facilities permitted to be obtained by the Company under the Amended and Restated Credit Agreement if the Company's senior secured leverage ratio is less than 3.50 to 1.00 on a pro forma basis.

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Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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- Definition

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- Definition

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