Long-Term Debt and Borrowing Arrangements (Schedule of Company's Indebtedness) (Details) - USD ($) $ in Millions |
Sep. 30, 2019 |
Dec. 31, 2018 |
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Debt Instrument [Line Items] | ||
Finance lease liabilities, noncurrent | $ 61 | $ 65 |
Total long-term debt | 2,127 | 2,141 |
Less: Current portion of long-term debt | 21 | 21 |
Long-term debt | 2,106 | 2,120 |
$750 million revolving credit facility (due May 2023) | ||
Debt Instrument [Line Items] | ||
Maximum borrowing capacity | 750 | |
Debt issuance costs | 4 | 5 |
Line of Credit | Term loan (due May 2025) | ||
Debt Instrument [Line Items] | ||
Long-term debt | 1,572 | 1,582 |
Line of Credit | $750 million revolving credit facility (due May 2023) | ||
Debt Instrument [Line Items] | ||
Maximum borrowing capacity | 750 | |
Long-term debt | $ 0 | 0 |
Senior Notes | 5.375% senior unsecured notes (due April 2026) | ||
Debt Instrument [Line Items] | ||
Debt instrument, interest rate, stated percentage | 5.375% | |
Long-term debt | $ 494 | 494 |
Term loan and senior unsecured notes | ||
Debt Instrument [Line Items] | ||
Debt issuance costs | $ 18 | $ 21 |
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Present value of lessee's discounted obligation for lease payments from finance lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of long-term debt and lease obligation, classified as noncurrent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of long-term debt and lease obligation, classified as current. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of long-term debt and lease obligation, including portion classified as current. No definition available.
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- Definition The remaining balance of debt issuance expenses that were capitalized and are being amortized against income over the lives of the respective bond issues. This does not include the amounts capitalized as part of the cost of the utility plant or asset. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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