Annual report pursuant to Section 13 and 15(d)

Assets and Liabilities Measured at Fair Value (Tables)

v3.8.0.1
Assets and Liabilities Measured at Fair Value (Tables)
 12 Months Ended
Dec. 31, 2017
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, 2017 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
$
42

42

—

—

Non-current assets:




Interest rate swap arrangements (note 8)
2

—

2

—

Long-term liabilities:




Debt (note 8)
5,132

—

5,132

—



Fair value measurements at December 31, 2016 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
$
113

113

—

—

Non-current assets:
 
 
 


Interest rate swap arrangements (note 8)
2

—

2

—

Long-term liabilities:
 
 
 
 
Debt (note 8)
5,092

—

5,092

—