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

6 Months Ended

Jul. 02, 2016

Notes Payable and Long-Term Debt

Summary of long-term debt

		July 2,		December 31,
(Millions of dollars)		2016		2015
Term Loan due 2022	$	500	$	500
Foreign subsidiary obligations due 2018 through 2023		21		23
Total long-term debt at face value		521		523
Current maturities of long-term debt and unamortized discount		(14)		(5)
Long-term debt, less current maturities and unamortized discount	$	507	$	518