Debt (Tables)

12 Months Ended

Dec. 31, 2016

Debt Disclosure [Abstract]

Schedule of debt instruments

Debt, net of unamortized original issue discounts or premiums, and unamortized debt issuance costs, consists of the following:

	December 31,
	2016			2015
Accounts Receivable Securitization Facility (1)	$	568		$	571
$2.5 billion ABL Facility (1)	1,645			1,579
7 3/8 percent Senior Notes (2)	—			740
8 1/4 percent Senior Notes (2)	—			315
7 5/8 percent Senior Notes due 2022 (2)	469			1,306
6 1/8 percent Senior Notes due 2023	936			937
4 5/8 percent Senior Secured Notes due 2023	991			989
5 3/4 percent Senior Notes due 2024	839			838
5 1/2 percent Senior Notes due 2025	792			791
5 7/8 percent Senior Notes due 2026 (3)	740			—
5 1/2 percent Senior Notes due 2027 (3)	739			—
Capital leases	71			96
Total debt	7,790			8,162
Less short-term portion	(597		)	(607		)
Total long-term debt	$	7,193		$	7,555

(1) $809 and $57 were available under our ABL facility and accounts receivable securitization facility, respectively, at December 31, 2016. The ABL facility availability is reflected net of $36 of letters of credit. At December 31, 2016, the interest rates applicable to our ABL facility and accounts receivable securitization facility were 2.3 percent and 1.5 percent, respectively.

(2) In 2016, we redeemed all of our 7 ³/₈ percent Senior Notes and 8 ¹/₄ percent Senior Notes, and $850 principal amount of our 7 ⁵/₈ percent Senior Notes due 2022. Upon redemption, we recognized an aggregate loss of $100 in interest expense, net. The loss represented the difference between the net carrying amount and the total purchase price of the redeemed notes.

(3) In 2016, URNA issued $750 principal amount of 5 ⁷/₈ percent Senior Notes due 2026 and $750 principal amount of 5 ¹/₂ percent Senior Notes due 2027. See below for additional detail.

Schedule of the maturities of debt

Maturities of the Company’s debt (exclusive of any unamortized original issue discounts or premiums, and unamortized debt issuance costs) for each of the next five years and thereafter at December 31, 2016 are as follows:

2017	$	597
2018	21
2019	12
2020	4
2021	1,656
Thereafter	5,553
Total	$	7,843