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Debt
3 Months Ended
Mar. 31, 2015
Debt Disclosure [Abstract]  
Debt

Note 8. Debt

Long-term debt and short-term borrowings consisted of the following (in millions):

 

     March 31,
2015
    December 31,
2014
 

Senior Credit Facility:

    

Revolving Credit Facility, maturing 2020

   $ 1      $ 5   

Senior Notes, interest at 7.375%, maturing 2015

     294        294   

Senior Notes, interest at 6.75%, maturing 2018

     373        372   

Senior Notes, interest at 7.15%, maturing 2019

     211        209   

Senior Notes, interest at 3.125%, maturing 2023

     349        349   

Senior Notes, interest at 3.75%, maturing 2025

     346        346   

Senior Notes, interest at 4.50%, maturing 2034

     291        291   

Capital lease obligations

     159        156   

Commercial paper, weighted average interest at 0.537% at March 31, 2015

     462        634   

Mortgages and other, interest rates ranging from non-interest bearing to 3.65%, various maturities

     42        39   
  

 

 

   

 

 

 
     2,528        2,695   

Less current maturities

     (297     (297
  

 

 

   

 

 

 

Long-term debt

   $ 2,231      $ 2,398