Rendering
| Component: (Network and Table) |
|---|
| Network | 2308301 - Disclosure - Debt (Tables) (http://www.ca.com/role/DebtTables) |
| Table | (Implied) |
Slicers (applies to each fact value in each table cell)
| Reporting Entity [Axis] | 0000356028 (http://www.sec.gov/CIK) |
| Debt Disclosure [Abstract] | Period [Axis] |
|---|
2015-04-01 - 2016-03-31 |
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Debt Disclosure [Abstract] | |
Debt obligations | At March 31, 2016 and 2015, the Company’s debt obligations consisted of the following: | | | | | | | | | | At March 31, | (in millions) | 2016 | | 2015 | Revolving credit facility | $ | — |
| | $ | — |
| 5.375% Senior Notes due December 2019 | 750 |
| | 750 |
| 3.600% Senior Notes due August 2020 | 400 |
| | — |
| 2.875% Senior Notes due August 2018 | 250 |
| | 250 |
| 4.500% Senior Notes due August 2023 | 250 |
| | 250 |
| Term Loan due April 2022 | 300 |
| | — |
| Other indebtedness, primarily capital leases | 15 |
| | 17 |
| Unamortized debt issuance costs | (8 | ) | | (6 | ) | Unamortized discount for Senior Notes | (4 | ) | | (4 | ) | Total debt outstanding | $ | 1,953 |
| | $ | 1,257 |
| Less the current portion | (6 | ) | | (10 | ) | Total long-term debt portion | $ | 1,947 |
| | $ | 1,247 |
|
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Maturities of outstanding debt | The maturities of outstanding debt are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended March 31, | (in millions) | 2017 | | 2018 | | 2019 | | 2020 | | 2021 | | Thereafter | Amount due | $ | 6 |
| | $ | 3 |
| | $ | 252 |
| | $ | 748 |
| | $ | 397 |
| | $ | 547 |
|
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Rates applicable to revolving credit facility | Based on the Company’s credit ratings, the rates applicable to the facility at March 31, 2016 and 2015 were as follows: | | | | | | | | At March 31, | | 2016 | | 2015 | Applicable margin on Base Rate borrowing | 0.125 | % | | 0.125 | % | Weighted average interest rate on outstanding borrowings | — | % | | — | % | Applicable margin on Eurocurrency Rate borrowing | 1.000 | % | | 1.000 | % | Facility commitment fee | 0.125 | % | | 0.125 | % |
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Notional pooling arrangement | At March 31, 2016 and 2015, the borrowings outstanding under this notional pooling arrangement, and changes therein, were as follows: | | | | | | | | | | At March 31, | (in millions) | 2016 | | 2015 | Total borrowings outstanding at beginning of year (1) | $ | 138 |
| | $ | 139 |
| Borrowings | 3,899 |
| | 5,371 |
| Repayments | (3,877 | ) | | (5,207 | ) | Foreign exchange effect | (21 | ) | | (165 | ) | Total borrowings outstanding at end of year (1) | $ | 139 |
| | $ | 138 |
|
| | (1) | Included in “Accrued expenses and other current liabilities” in the Company’s Consolidated Balance Sheets. |
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