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Debt (Tables)
12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Schedule of Debt [Table Text Block]
The Company’s short and long-term debt consists of the following:
 



 
Weighted Average
Interest Rate
 
Carrying Value
 
Maturity
 
2014
 
2013
 
2014
 
2013
 
 
 
 
 
 
 
(Dollars in Millions)
Short-Term Debt:
 
 
 
 
 
 
 
 
 
Current portion of long-term debt
 
 
3.5%
 
N/A
 
$
8

 
$

Short-term borrowings
 
 
3.6%
 
8.3%
 
21

 
1

 
 
 
 
 
 
 
$
29

 
$
1

Long-Term Debt:
 
 
 
 
 
 
 
 
 
6.75% Senior notes due April 15, 2019
2019
 
N/A
 
6.75%
 
$

 
$
396

Term facility due April 9, 2021
2021
 
3.5%
 
N/A
 
583

 

Other
2014-2018
 
4.2%
 
3.4%
 
4

 
2

 
 
 
 
 
 
 
$
587

 
$
398