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CONSOLIDATED DEBT (Tables)
 3 Months Ended
Mar. 31, 2016
Debt Disclosure [Abstract]  
Schedule of Debt [Table Text Block]
Consolidated debt is as follows (in millions):
 
As of
 
March 31,
2016

December 31,
2015
LONG-TERM DEBT:
 
 
 
Revolving credit facility (2.69% - 3.67%)(1)
$
429

 
$
348

Term loan, net (2.44%)
200

 
200

Credit Facilities Sub-total
$
629

 
$
548

7.25% Senior notes due 2020
$
400

 
$
400

6.375% Senior notes due 2022
400

 
400

5.875% Senior notes due 2024
400

 
400

  Less: deferred financing costs related to senior notes
(16
)
 
(16
)
Senior Notes Sub-total
$
1,184

 
$
1,184

4.00% - 5.25% Tax-exempt bonds due 2024 through 2045
$
464

 
$
464

  Less: deferred financing costs related to tax-exempt bonds
(6
)
 
(6
)
Tax-Exempt Bonds Sub-total
$
458

 
$
458

3.48% - 4.52% Equipment financing capital leases due 2024 through 2027
$
72

 
$
73

Total long-term debt
$
2,343

 
$
2,263

Less: current portion
(9
)
 
(8
)
Noncurrent long-term debt
$
2,334

 
$
2,255

PROJECT DEBT:
 
 
 
North America project debt:
 
 
 
1.75% - 6.45% project debt related to service fee structures due 2017 through 2035
$
110

 
$
117

5.248% - 6.20% project debt related to tip fee structures due 2016 through 2020
22

 
23

Unamortized debt premium, net
5

 
5

  Less: deferred financing costs related to North America project debt
(1
)
 
(1
)
Total North America project debt
$
136

 
$
144

Other project debt:
 
 
 
Dublin senior loan due 2021 (4.00% - 4.50%)
$
38

 
$
—

Debt discount related to Dublin senior term loan
(8
)
 
(8
)
  Less: deferred financing cost related to Dublin senior term loan
(17
)
 
(15
)
Dublin senior term loan, net
$
13

 
$
(23
)
Dublin junior term loan due 2022 (9.23% - 9.73%)
$
60

 
$
57

Debt discount related to Dublin junior term loan
(1
)
 
(1
)
  Less: deferred financing costs related to Dublin junior term loan
(1
)
 
(2
)
Dublin junior term loan, net
$
58

 
$
54

Total other project debt, net
$
71

 
$
31

Total project debt
$
207

 
$
175

Less: Current portion, includes $0 and $1 of net unamortized premium (discount), respectively)
(17
)
 
(16
)
Noncurrent project debt
$
190

 
$
159

TOTAL CONSOLIDATED DEBT
$
2,550

 
$
2,438

        Less: Current debt
(26
)
 
(24
)
TOTAL NONCURRENT CONSOLIDATED DEBT
$
2,524

 
$
2,414

(1) During the three months ended March 31, 2016, 5% of the Revolving Credit Facility debt had an interest rate of 2.94% - 3.92%
Revolving Credit Facility Table [Text Block]
As of March 31, 2016, we had availability under the Revolving Credit Facility as follows (in millions):
 
Total
Available
Under  Credit Facility
 
Expiring (1)
 
Direct Borrowings as of
March 31, 2016
 
Outstanding Letters of Credit as of
March 31, 2016
 
Availability as of
March 31, 2016
Revolving Credit Facility
$
1,000

 
2020
 
$
429

 
$
157

 
$
414

(1) The Tranche B commitment expires in March 2019.
Repayment Terms