Debt and Borrowing Arrangements (Tables)

9 Months Ended

Sep. 30, 2017

Short-Term Borrowings and Related Weighted-Average Interest Rates

Our short-term borrowings and related weighted-average interest rates consisted of:

	As of September 30, 2017				As of December 31, 2016
	Amount		Weighted-		Amount		Weighted-
	Outstanding		Average Rate		Outstanding		Average Rate
	(in millions)				(in millions)
Commercial paper	$	4,370		1.3%	$	2,371		1.0%
Bank loans		181		10.6%		160		10.6%
Total short-term borrowings	$	4,551			$	2,531

Interest and Other Expense Net Within Results of Continuing Operations

Interest and other expense, net within our results of continuing operations consisted of:

	For the Three Months Ended					For the Nine Months Ended
	September 30,					September 30,
	2017			2016		2017			2016
	(in millions)
Interest expense, debt	$	89		$	129	$	295		$	400
Loss on debt extinguishment		–			–		11			–
Loss related to interest rate swaps		–			–		–			97
Other (income)/expense, net		(70	)		16		(44	)		43
Interest and other expense, net	$	19		$	145	$	262		$	540