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Long-Term Debt (Tables)
 9 Months Ended
Sep. 30, 2013
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt

A summary of long-term debt at September 30, 2013 and December 31, 2012, including related interest rates at September 30, 2013, follows (dollars in millions):

 

     September 30,
2013		      December 31,
2012		  

Senior secured asset-based revolving credit facility (effective interest rate of 1.7%)

    $ 2,100       $ 1,470   

Senior secured revolving credit facility

      —         —   

Senior secured term loan facilities (effective interest rate of 5.1%)

      5,944         5,958   

Senior secured first lien notes (effective interest rate of 7.1%)

      9,693         9,688   

Other senior secured debt (effective interest rate of 6.8%)

      446         423   
  

 

 

     

 

 

  

First lien debt

      18,183         17,539   

Senior secured second lien notes

      —         197   

Senior unsecured notes (effective interest rate of 7.2%)

      10,194         11,194   
  

 

 

     

 

 

  

Total debt (average life of 6.5 years, rates averaging 6.3%)

      28,377         28,930   

Less amounts due within one year

      988         1,435   
  

 

 

     

 

 

  
   $ 27,389       $ 27,495