Notes Payable, Long-term Debt, Commitments and Contingencies (Tables)

3 Months Ended

Apr. 02, 2016

Notes Payable and Long-Term Debt

Summary of long-term debt

		April 2,		December 31,
(Millions of dollars)		2016		2015
Term Loan due 2022	$	500	$	500
Foreign subsidiary obligations due 2020 through 2023		15		23
Total long-term debt at face value		515		523
Current maturities of long-term debt and unamortized discount		(9)		(5)
Long-term debt, less current maturities and unamortized discount	$	506	$	518