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Subsequent Events
9 Months Ended
Sep. 30, 2011
Subsequent Events 
Subsequent Events

10. Subsequent Events

In October 2011, we amended our ABL facility. The amended facility, which expires on October 13, 2016, provides for, among other things, an increase in the facility size from $1.36 billion to $1.80 billion, an uncommitted incremental increase in the size of the facility of up to $500, and generally lower borrowing costs. As discussed in note 6 to the condensed consolidated financial statements, subject to certain limited exceptions specified in the amended ABL facility, the fixed charge coverage ratio and the senior secured leverage ratio under the amended ABL facility will only apply in the future if availability under the amended ABL facility falls below the greater of 10 percent of the maximum revolver amount under the amended ABL facility and $150. Additionally, we have provided notice to holders of the QUIPS that we will redeem $32 of the QUIPS in October 2011. In connection with this redemption, we will retire $32 principal amount of our subordinated convertible debentures.