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Note 8. Short And Long-Term Debt Schedule of Debt (Details) - USD ($)
$ in Millions
1 Months Ended 12 Months Ended
Jan. 31, 2017
Dec. 31, 2016
Feb. 21, 2017
Jul. 20, 2016
Mar. 01, 2016
Dec. 31, 2015
Oct. 23, 2015
Principal Amount              
Long-term Debt, Gross [1]   $ 3,763          
Outstanding borrowings, securitization obligations   205       $ 247  
Unamortized Discount and Debt Issuance Costs              
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net [1]   51          
Net Amount              
Outstanding borrowings, long-term debt [1]   3,712          
Outstanding borrowings, securitization obligations   $ 205       247  
Letter of Credit, borrowing capacity           125 $ 125
Unsecured Letter of Credit Facility [Member]              
Net Amount              
Interest Rate   2.93%          
Outstanding letter of credit   $ 127          
Letter of Credit, borrowing capacity   $ 131          
LIBOR [Member]              
Net Amount              
Description of variable interest rate basis   LIBOR          
ABR [Member]              
Net Amount              
Description of variable interest rate basis   ABR          
Securitization obligations              
Principal Amount              
Outstanding borrowings, securitization obligations   $ 205       247  
Net Amount              
Outstanding borrowings, securitization obligations   205       247  
Revolving Credit Facility | Line of Credit [Member]              
Principal Amount              
Outstanding borrowings, short-term debt, line of credit facility   200 [2],[3]       200  
Net Amount              
Outstanding borrowings, short-term debt, line of credit facility   200 [2],[3]       200  
Line of credit facility borrowing capacity   815         815
Available capacity, line or credit facility   $ 615          
Revolving Credit Facility | Line of Credit [Member] | LIBOR [Member] | Less than 2.50 to 1.00              
Net Amount              
Debt Instrument, basis spread on variable rate   2.00%          
Revolving Credit Facility | Line of Credit [Member] | ABR [Member] | Less than 2.50 to 1.00              
Net Amount              
Debt Instrument, basis spread on variable rate   1.00%          
Revolving Credit Facility | Line of Credit [Member] | Subsequent Event              
Principal Amount              
Outstanding borrowings, short-term debt, line of credit facility     $ 200        
Net Amount              
Outstanding borrowings, short-term debt, line of credit facility     200        
Line of credit facility borrowing capacity $ 1,050            
Available capacity, line or credit facility     $ 850        
Term Loan B | LIBOR [Member]              
Net Amount              
Debt Instrument, basis spread on variable rate   3.00%          
Debt Instrument, basis spread on variable rate, floor   0.75%          
Term Loan B | ABR [Member]              
Net Amount              
Debt Instrument, basis spread on variable rate   2.00%          
Debt Instrument, basis spread on variable rate, floor   1.75%          
Term Loan B | Subsequent Event | LIBOR [Member]              
Net Amount              
Debt Instrument, basis spread on variable rate 2.25%            
Debt Instrument, basis spread on variable rate, floor 0.75%            
Term Loan B | Secured Debt [Member]              
Principal Amount              
Long-term Debt, Gross   $ 1,094 [4]   $ 1,100   1,867  
Unamortized Discount and Debt Issuance Costs              
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net [4]   25          
Net Amount              
Outstanding borrowings, long-term debt   $ 1,069 [4]       1,839  
Annual percentage of original principal amount for quarterly amortization payments   1.00%          
Term Loan A | Secured Debt [Member]              
Principal Amount              
Long-term Debt, Gross   $ 413 [5]       435 $ 435
Unamortized Discount and Debt Issuance Costs              
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net [5]   2          
Net Amount              
Outstanding borrowings, long-term debt   $ 411 [5]       433  
Term Loan A | Secured Debt [Member] | LIBOR [Member] | Less than 2.50 to 1.00              
Net Amount              
Debt Instrument, basis spread on variable rate   2.00%          
Term Loan A | Secured Debt [Member] | ABR [Member] | Less than 2.50 to 1.00              
Net Amount              
Debt Instrument, basis spread on variable rate   1.00%          
Term Loan A | Secured Debt [Member] | 2016              
Net Amount              
Annual percentage of original principal amount for quarterly amortization payments   5.00%          
Term Loan A | Secured Debt [Member] | 2017              
Net Amount              
Annual percentage of original principal amount for quarterly amortization payments   5.00%          
Term Loan A | Secured Debt [Member] | 2018              
Net Amount              
Annual percentage of original principal amount for quarterly amortization payments   7.50%          
Term Loan A | Secured Debt [Member] | 2019              
Net Amount              
Annual percentage of original principal amount for quarterly amortization payments   10.00%          
Term Loan A | Secured Debt [Member] | 2020              
Net Amount              
Annual percentage of original principal amount for quarterly amortization payments   12.50%          
Term Loan A-1 | Secured Debt [Member]              
Principal Amount              
Long-term Debt, Gross   $ 351 [6]   $ 355   0 [5]  
Unamortized Discount and Debt Issuance Costs              
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net [6]   4          
Net Amount              
Outstanding borrowings, long-term debt   $ 347 [6]       0  
Term Loan A-1 | Secured Debt [Member] | LIBOR [Member] | Less than 2.50 to 1.00 but greater than or equal to 2.00 to 1.00              
Net Amount              
Debt Instrument, basis spread on variable rate   2.00%          
Term Loan A-1 | Secured Debt [Member] | ABR [Member] | Less than 2.50 to 1.00 but greater than or equal to 2.00 to 1.00              
Net Amount              
Debt Instrument, basis spread on variable rate   1.00%          
Term Loan A-1 | Secured Debt [Member] | 2017              
Net Amount              
Annual percentage of original principal amount for quarterly amortization payments   2.50%          
Term Loan A-1 | Secured Debt [Member] | 2018              
Net Amount              
Annual percentage of original principal amount for quarterly amortization payments   2.50%          
Term Loan A-1 | Secured Debt [Member] | 2019              
Net Amount              
Annual percentage of original principal amount for quarterly amortization payments   5.00%          
Term Loan A-1 | Secured Debt [Member] | 2020              
Net Amount              
Annual percentage of original principal amount for quarterly amortization payments   7.50%          
Term Loan A-1 | Secured Debt [Member] | 2021              
Net Amount              
Annual percentage of original principal amount for quarterly amortization payments   10.00%          
4.50% Senior Notes | Senior Notes [Member]              
Principal Amount              
Long-term Debt, Gross   $ 450       450  
Unamortized Discount and Debt Issuance Costs              
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net   11          
Net Amount              
Outstanding borrowings, long-term debt   $ 439       434  
Interest Rate   4.50%          
5.25% Senior Notes | Senior Notes [Member]              
Principal Amount              
Long-term Debt, Gross   $ 550     $ 300 300  
Unamortized Discount and Debt Issuance Costs              
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net   5          
Net Amount              
Outstanding borrowings, long-term debt   $ 545       297  
Interest Rate   5.25%          
4.875% Senior Notes | Senior Notes [Member]              
Principal Amount              
Long-term Debt, Gross   $ 500       0  
Unamortized Discount and Debt Issuance Costs              
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net   4          
Net Amount              
Outstanding borrowings, long-term debt   $ 496       0  
Interest Rate   4.875%          
Apple Ridge Funding LLC | Securitization obligations              
Principal Amount              
Outstanding borrowings, securitization obligations   $ 192 [7],[8]       238  
Net Amount              
Outstanding borrowings, securitization obligations   192 [7],[8]       238  
Total capacity, securitization obligations   325          
Available capacity, debt   133          
Cartus Financing Limited | Securitization obligations              
Principal Amount              
Outstanding borrowings, securitization obligations   13 [8],[9]       9  
Net Amount              
Outstanding borrowings, securitization obligations   13 [8],[9]       $ 9  
Total capacity, securitization obligations   19          
Available capacity, debt   $ 6          
[1] Not included in this table, the Company had $127 million of outstanding letters of credit at December 31, 2016 under the Unsecured Letter of Credit Facility with a weighted average rate of 2.93%. At December 31, 2016 the capacity of the facility was $131 million.
[2] As of December 31, 2016, the Company had $815 million of borrowing capacity under its Revolving Credit Facility, leaving $615 million of available capacity. The revolving credit facility expires in October 2020, but is classified on the balance sheet as current due to the revolving nature of the facility. See Note 20, "Subsequent Events" for a description of the January 2017 increase of the borrowing capacity under its Revolving Credit Facility. On February 21, 2017, the Company had $200 million outstanding borrowings on the Revolving Credit Facility, leaving $850 million of available capacity.
[3] Interest rates with respect to revolving loans under the Senior Secured Credit Facility at December 31, 2016 are based on, at the Company's option, (a) adjusted LIBOR plus an additional margin or (b) ABR plus an additional margin, in each case subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter senior secured leverage ratio, the LIBOR margin was 2.00% and the ABR margin was 1.00% for the three months ended December 31, 2016.
[4] The Term Loan B provides for quarterly amortization payments totaling 1% per annum of the original principal amount. The interest rate with respect to term loans under the Term Loan B is based on, at the Company’s option, (a) adjusted LIBOR plus 3.00% (with a LIBOR floor of 0.75%) or (b) JPMorgan Chase Bank, N.A.’s prime rate ("ABR") plus 2.00% (with an ABR floor of 1.75%). See Note 20, "Subsequent Events" for a description of the January 2017 refinancing of the Term Loan B.
[5] The Term Loan A provides for quarterly amortization payments, which commenced March 31, 2016, totaling per annum 5%, 5%, 7.5%, 10.0% and 12.5% of the original principal amount of the Term Loan A in 2016, 2017, 2018, 2019 and 2020, respectively. The interest rates with respect to term loans under the Term Loan A are based on, at the Company's option, (a) adjusted LIBOR plus an additional margin or (b) ABR plus an additional margin, in each case subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter senior secured leverage ratio, the LIBOR margin was 2.00% and the ABR margin was 1.00% for the three months ended December 31, 2016.
[6] The Term Loan A-1 provides for quarterly amortization payments, which commenced on September 30, 2016, totaling per annum 2.5%, 2.5%, 5%, 7.5% and 10.0% of the original principal amount of the Term Loan A-1, with the last amortization payment made on June 30, 2021. The interest rates with respect to term loans under the Term Loan A-1 are based on, at the Company's option, (a) adjusted LIBOR plus an additional margin or (b) ABR plus an additional margin, in each case subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter senior secured leverage ratio, the LIBOR margin was 2.00% and the ABR margin was 1.00% for the three months ended December 31, 2016.
[7] As of December 31, 2016, the Company had $325 million of borrowing capacity under the Apple Ridge Funding LLC securitization program leaving $133 million of available capacity.
[8] Available capacity is subject to maintaining sufficient relocation related assets to collateralize these securitization obligations.
[9] Consists of a £10 million revolving loan facility and a £5 million working capital facility. As of December 31, 2016, the Company had $19 million of borrowing capacity under the Cartus Financing Limited securitization program leaving $6 million of available capacity.