Annual report pursuant to Section 13 and 15(d)

Assets and Liabilities Measured at Fair Value (Tables)

v3.19.3.a.u2
Assets and Liabilities Measured at Fair Value (Tables)
12 Months Ended
Dec. 31, 2019
Fair Value Disclosures [Abstract]  
Schedule of fair value, assets and liabilities measured on recurring basis
The Company's assets and liabilities measured or disclosed at fair value were as follows:


Fair value measurements at December 31, 2019 using
 
(in millions)
Total

Quoted prices
in active
markets for
identical
assets
(Level 1)

Significant
other
observable
inputs
(Level 2)

Significant
unobservable
inputs
(Level 3)

Current assets:




Cash equivalents
$
272

272



Interest rate swap arrangements (note 8)




Long-term liabilities:







Debt (note 8)
5,116

760

4,356


  Interest rate swap arrangements (note 8)






Fair value measurements at December 31, 2018 using
 
(in millions)
Total

Quoted prices
in active
markets for
identical
assets
(Level 1)

Significant
other
observable
inputs
(Level 2)

Significant
unobservable
inputs
(Level 3)

Current assets:




Cash equivalents
$
267

267



Interest rate swap arrangements (note 8)
5


5


Long-term liabilities:








Debt (note 8)
4,758

189

4,569