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Financing Agreements (Tables)
3 Months Ended
Mar. 31, 2015
Debt Disclosure [Abstract]  
Long-term Debt
Long-term debt at
 
 
Interest
Rate
 
March 31, 
 2015
 
December 31, 
 2014
Senior Notes due February 15, 2019
 
6.500%
 
$

 
$
55

Senior Notes due February 15, 2021
 
6.750%
 
350

 
350

Senior Notes due September 15, 2021
 
5.375%
 
450

 
450

Senior Notes due September 15, 2023
 
6.000%
 
300

 
300

Senior Notes due December 15, 2024
 
5.500%
 
425

 
425

Other indebtedness
 
 
 
81

 
79

Total
 
 
 
1,606

 
1,659

Less: current maturities
 
 
 
34

 
46

Total long-term debt
 
 
 
$
1,572

 
$
1,613

Margin Based on Remaining Borrowing Availability
Advances under our $500 revolving facility bear interest at a floating rate based on, at our option, the base rate or LIBOR (each as described in the revolving credit agreement) plus a margin based on the undrawn amounts available under the agreement as set forth below:
Remaining Borrowing Availability
 
Base Rate
 
LIBOR Rate
Greater than $350
 
0.50
%
 
1.50
%
Greater than $150 but less than or equal to $350
 
0.75
%
 
1.75
%
$150 or less
 
1.00
%
 
2.00
%