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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2018
Fair Value Disclosures [Abstract]  
Schedule of Carrying Values and Fair Values of Long-term Debt
The carrying amounts and fair values of our assets measured at fair value on a recurring basis included in our Consolidated Balance Sheets were as follows:
 
Level within the Fair Value Hierarchy
 
December 31, 2018
 
December 31, 2017
(in millions)
 
Carrying Amount
 
Fair Value
 
Carrying Amount
 
Fair Value
Assets:
 
 
 
 
 
 
 
 
 
Deferred purchase price assets
3
 
$
746

 
$
746

 
$
745

 
$
745

The carrying amounts and fair values of our short-term and long-term debt included in our Consolidated Balance Sheets were as follows:
 
Level within the Fair Value Hierarchy
 
December 31, 2018
 
December 31, 2017
(in millions)
 
Carrying Amount
 
Fair Value
 
Carrying Amount
 
Fair Value
Liabilities:
 
 
 
 
 
 
 
 
 
Senior Notes to third parties
1
 
$
10,950

 
$
10,945

 
$
11,910

 
$
12,540

Senior Notes to affiliates
2
 
9,984

 
9,802

 
7,486

 
7,852

Incremental Term Loan Facility to affiliates
2
 
4,000

 
3,976

 
4,000

 
4,020

Senior Reset Notes to affiliates
2
 
598

 
640

 
3,100

 
3,260