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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2013
Debt Disclosure [Abstract]  
Long-Term Debt

Long-term debt consisted of the following:

 

     December 31,
2013
    December 31,
2012
 

Funding program loans from European Investment Bank:

    

0.26% due 2014, floating interest rate at Libor + 0.017%

     20        40   

0.26% due 2015, floating interest rate at Libor + 0.026%

     19        28   

0.29% due 2016, floating interest rate at Libor + 0.052%

     58        77   

0.56% due 2016, floating interest rate at Libor + 0.317%

     77        103   

0.46% due 2016, floating interest rate at Libor + 0.213%

     86        114   

1.34% due 2020, floating interest rate at Libor + 1.099%

     87        100   

1.20% due 2020, floating interest rate at Libor + 0.956%

     193        221   

1.04% due 2020, floating interest rate at Euribor + 0.817%

     121        132   

0.88% due 2021, floating interest rate at Libor + 0.525%

     240        —     

0.92% due 2021, floating interest rate at Libor + 0.572%

     231        —     

Other funding program loans:

    

0.55% (weighted average), due 2014-2018, fixed interest rate

     5        7   

Other long-term loans:

    

1.95% (weighted average), due 2017, fixed interest rate

     10        12   

0.67% (weighted average), due 2018, fixed interest rate

     2        —     

0.87% (weighted average), due 2020, fixed interest rate

     3        —     

Capital leases:

    

5.95% (weighted average), due 2015-2017, fixed interest rate

     1        5   

Senior Bonds:

    

0.58%, due 2013, floating interest rate at Euribor + 0.40%

     —          462   
  

 

 

   

 

 

 

Total long-term debt

     1,153        1,301   

Less current portion

     (225     (630
  

 

 

   

 

 

 

Total long-term debt, less current portion

     928        671   
  

 

 

   

 

 

 
Long-Term Debt Denominated by Currencies

Long-term debt is denominated in the following currencies:

 

     December 31,
2013
     December 31,
2012
 

U.S. dollar

     1,012         689   

Euro

     141         612   

Total

     1,153         1,301   
Total Long-Term Debt Outstanding Maturities

Aggregate future maturities of total long-term debt outstanding (including current portion) are as follows:

 

     December 31,
2013
 

2014

     225   

2015

     205   

2016

     195   

2017

     119   

2018

     117   

Thereafter

     292   
  

 

 

 

Total

     1,153