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FINANCING ARRANGEMENTS (Tables)
12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Schedule of long-term debt
Principal amounts of debt obligations and principal amounts of debt obligations net of discounts and issuance costs as of December 31, 2018 and 2017 consists of the following:
 
 
 
 
2018

2017
(in millions)
 
Maturity
 
Principal Amount
 
Net of Discounts and Issuance Costs
 
Principal Amount
 
Net of Discounts and Issuance Costs
Senior Secured Credit Facilities:
 
 
 
 
 
 
 
 
 
 
2018 Revolving Credit Facility
 
April 2018
 
$

 
$

 
$

 
$

2020 Revolving Credit Facility
 
(1) 
 

 

 
250

 
250

2023 Revolving Credit Facility
 
June 2023
 
75

 
75

 

 

Series F Tranche B Term Loan Facility
 
April 2022
 

 

 
3,521

 
3,420

June 2025 Term Loan B Facility
 
June 2025
 
4,394

 
4,269

 

 

November 2025 Term Loan B Facility
 
November 2025
 
1,481

 
1,456

 

 

Senior Secured Notes:
 
 
 
 
 
 
 
 
 
 
6.50% Secured Notes
 
March 2022
 
1,250

 
1,239

 
1,250

 
1,235

7.00% Secured Notes
 
March 2024
 
2,000

 
1,979

 
2,000

 
1,975

5.50% Secured Notes
 
November 2025
 
1,750

 
1,730

 
1,750

 
1,729

Senior Unsecured Notes:
 
 
 
 
 
 
 
 
 
 
5.375%
 
March 2020
 

 

 
1,708

 
1,699

7.00%
 
October 2020
 

 

 
71

 
71

6.375%
 
October 2020
 

 

 
661

 
656

7.50%
 
July 2021
 

 

 
1,625

 
1,615

6.75%
 
August 2021
 

 

 
650

 
648

5.625%
 
December 2021
 
700

 
697

 
900

 
896

7.25%
 
July 2022
 

 

 
550

 
545

5.50%
 
March 2023
 
1,000

 
995

 
1,000

 
993

5.875%
 
May 2023
 
3,250

 
3,229

 
3,250

 
3,224

4.50% euro-denominated debt
 
May 2023
 
1,720

 
1,709

 
1,801

 
1,787

6.125%
 
April 2025
 
3,250

 
3,226

 
3,250

 
3,222

9.00%
 
December 2025
 
1,500

 
1,469

 
1,500

 
1,464

9.25%
 
April 2026
 
1,500

 
1,482

 

 

8.50%
 
January 2027
 
750

 
738

 

 

Other
 
Various
 
12

 
12

 
15

 
15

Total long-term debt and other

 

$
24,632

 
24,305


$
25,752

 
25,444

Less: Current portion of long-term debt and other

 
 
228

 
 
 
209

Non-current portion of long-term debt

 

 
 
$
24,077


 
 
$
25,235

1 The 2020 Revolving Credit Facility available at December 31, 2017 had a maturity date of April 2020 and was replaced with the 2023 Revolving Credit Facility on June 1, 2018 as discussed below.
Schedule of aggregate maturities of long-term debt
Maturities and mandatory payments of debt obligations for the five succeeding years ending December 31 and thereafter are as follows:
(in millions)
 
2019
$
228

2020
303

2021
1,003

2022
1,553

2023
6,348

Thereafter
15,197

Total gross maturities
24,632

Unamortized discounts
(327
)
Total long-term debt and other
$
24,305