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Debt
6 Months Ended
Jun. 30, 2016
Debt Disclosure [Abstract]  
Debt

Note 7.

Debt

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

 

 

 

June 30,

 

 

December 31,

 

 

 

2016

 

 

2015

 

Senior Credit Facility:

 

 

 

 

 

 

 

 

Revolving Credit Facility, maturing 2020

 

$

 

 

$

 

Senior Notes, interest at 6.75%, maturing 2018

 

 

373

 

 

 

372

 

Senior Notes, interest at 7.15%, maturing 2019

 

 

212

 

 

 

209

 

Senior Notes, interest at 3.125%, maturing 2023

 

 

347

 

 

 

346

 

Senior Notes, interest at 3.75%, maturing 2025

 

 

345

 

 

 

344

 

Senior Notes, interest at 4.50%, maturing 2034

 

 

289

 

 

 

289

 

Capital lease obligations

 

 

158

 

 

 

168

 

Commercial paper, weighted average interest at 0.750% at June 30, 2016

 

 

652

 

 

 

408

 

Mortgages and other, interest rates ranging from non-interest bearing

   to 3.65%, various maturities

 

 

38

 

 

 

40

 

 

 

 

2,414

 

 

 

2,176

 

Less current maturities

 

 

(34

)

 

 

(32

)

Long-term debt

 

$

2,380

 

 

$

2,144