Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2017

Debt Disclosure [Abstract]

Schedule of long-term debt, net of discounts and debt issuance costs

The Company’s long-term debt, net of discounts and debt issuance costs, consisted of the following at December 31:

(In millions)	2017			2016
Revolving credit facility	$	1,068		$	647
Term loan	540			629
2.7% senior notes due 2020	846			845
4.625% senior notes due 2020	449			448
4.75% senior notes due 2021	398			398
3.5% senior notes due 2022	696			695
3.85% senior notes due 2025	894			893
Other borrowings	9			7
Total debt	4,900			4,562
Less: current maturities	(3		)	(95		)
Long-term debt	$	4,897		$	4,467

Schedule of annual maturities of total debt

Annual maturities of the Company’s total debt were as follows at December 31, 2017:

(In millions)
Year ending December 31,
2018	$	3
2019	2
2020	2,905
2021	400
2022	696
Thereafter	894
Total	$	4,900