Notes Payable and Long-term Debt (Tables)

12 Months Ended

Dec. 31, 2016

Notes Payable and Long-Term Debt

Summary of long-term debt

		December 31,
(Millions of dollars)		2016		2015
Term Loan due 2022	$	497	$	500
Foreign subsidiary obligations due 2018 through 2023		20		23
Total long-term debt at face value		517		523
Current maturities of long-term debt and unamortized discount		(18)		(5)
Long-term debt, less current maturities and unamortized discount	$	499	$	518