Risk Management and Fair Value of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2015

Risk Management and Fair Value of Financial Instruments [Abstract]

Schedule of Derivative Instruments [Table Text Block]

the term loan facilities as follows:

Notional Value (in millions)	Commencement Date	Expiration Date
$225	July 2012	February 2018
$200	January 2013	February 2018
$600	August 2015	August 2020
$450	November 2017	November 2022

Notional Value (in millions)	Commencement Date	Expiration Date
$225	July 2012	February 2018
$200	January 2013	February 2018
$600	August 2015	August 2020
$450	November 2017	November 2022

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The fair value of derivative instruments was as follows:

Liability Derivatives		Fair Value
Not Designated as Hedging Instruments	Balance Sheet Location	December 31, 2015		December 31, 2014
Interest rate swap contracts	Other non-current liabilities	$	47	$	40

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance

Derivative Instruments Not Designated as Hedging Instruments	Location of (Gain) or Loss Recognized for Derivative Instruments	(Gain) or Loss Recognized on Derivatives
		Year Ended December 31,
		2015			2014			2013
Interest rate swap contracts	Interest expense	$	20		$	32		$	(4	)
Foreign exchange contracts	Operating expense	(2		)	(3		)	—

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table summarizes fair value measurements by level at December 31, 2015 for assets/liabilities measured at fair value on a recurring basis:

	Level I		Level II		Level III		Total
Interest rate swaps (included in other non-current liabilities)	$	—	$	47	$	—	$	47
Deferred compensation plan assets (included in other non-current assets)	3		—		—		3

The following table summarizes fair value measurements by level at December 31, 2014 for assets/liabilities measured at fair value on a recurring basis:

	Level I		Level II		Level III		Total
Interest rate swaps (included in other non-current liabilities)	$	—	$	40	$	—	$	40
Deferred compensation plan assets (included in other non-current assets)	2		—		—		2

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments

The following table summarizes the principal amount of the Company’s indebtedness compared to the estimated fair value, primarily determined by quoted market values, at:

	December 31, 2015				December 31, 2014
	Principal Amount		Estimated Fair Value (a)		Principal Amount		Estimated Fair Value (a)
Senior Secured Credit Facility:
Revolving Credit Facility	$	200	$	200	$	—	$	—
Term Loan B Facility	1,867		1,849		1,887		1,834
Term Loan A Facility	435		426		—		—
7.625% First Lien Notes	—		—		593		633
9.00% First and a Half Lien Notes	—		—		196		215
3.375% Senior Notes	500		500		500		500
4.50% Senior Notes	450		464		450		449
5.25% Senior Notes	300		308		300		291
Securitization obligations	247		247		269		269

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(a) The fair value of the Company's indebtedness is categorized as Level I.