Long-Term Obligations (Tables)

6 Months Ended

Jun. 30, 2015

Debt Disclosure [Abstract]

Schedule of Brazil Credit Facility Sublimits

The Brazil Credit Facility bears interest at a margin over the long-term interest rate, as defined by BNDES (“TJLP”), and the Special Clearance and Escrow System (“SELIC”) as follows (BRL in millions):

	Maximum Borrowing Amount	Contractual Interest Rate
Tranche A	BRL 34.8	TJLP + 4.25%
Tranche B	BRL 34.8	SELIC + 4.25%
Tranche C	BRL 200.0	6.00	%
Tranche D	BRL 1.4	TJLP

Schedule of Line of Credit Facilities

The key terms under the 2014 Credit Facility, the 2013 Credit Facility and the 2013 Term Loan as of June 30, 2015 are as follows ($ in millions):

	Outstanding Balance		Undrawn LOC		Maturity Date	Current margin over LIBOR (2)		Current commitment fee (3)
2014 Credit Facility	$	1,980	$	7.5	January 31, 2020 (1)	1.250	%	0.150	%
2013 Credit Facility	$	250	$	3.2	June 28, 2018 (1)	1.250	%	0.150	%
2013 Term Loan	$	2,000	N/A		January 3, 2019	1.250	%	N/A

(1) Subject to two optional renewal periods.

(2) LIBOR means the London Interbank Offered Rate.

(3) Fee on undrawn portion of the credit facility.