Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.10.0.1
Debt (Tables)
9 Months Ended
Sep. 30, 2018
Debt Disclosure [Abstract]  
Schedule of Debt
Debt consists of the following ($ in millions):
 
September 30, 2018
 
December 31, 2017
$1,400 million 5.625% Senior notes, due February 15, 2021
$
1,400

 
$
1,400

$1,000 million 4.75% Senior notes, due May 15, 2022
1,005

 
1,006

$1,000 million 6.125% Senior notes, due February 15, 2024
1,000

 
1,000

$1,200 million 4.75% Senior notes, due January 15, 2025
1,200

 
1,200

$1,800 million 5.375% Senior notes, due June 1, 2026
1,800

 

Fair value of interest rate swap agreements
(147
)
 
(71
)
Total senior notes
6,258

 
4,535

Revolving credit agreement
100

 
150

Mortgage notes payable
59

 
61

Construction loan payable
40

 

Capital leases and other
5

 
18

Debt issuance costs
(79
)
 
(65
)
Total debt
6,383

 
4,699

Less current portion
(4
)
 
(4
)
 Long-term debt
$
6,379

 
$
4,695

Summary of Notional Amounts of Interest Rate Swap Agreements
The following is a summary of the notional amounts of the Company's interest rate swap agreements as of September 30, 2018:

Expiration Date
 
Notional Amount
February 15, 2021
 
$
600

May 15, 2022
 
500

February 15, 2024
 
1,000

January 15, 2025
 
600

Total
 
$
2,700