Quarterly report pursuant to Section 13 or 15(d)

Credit Facilities (Tables)

v3.8.0.1
Credit Facilities (Tables)
9 Months Ended
Sep. 30, 2017
Text Block [Abstract]  
Schedule of Additional Detail on Credit Facility

The following table provides additional detail on our credit facility as of September 30, 2017 and December 31, 2016:

 

     September 30,
2017
    December 31,
2016
 
     (dollars in millions)  

Outstanding balance

   $ 133     $ 283  

Value of collateral pledged to credit facility

   $ 272     $ 471  

Weighted average short-term borrowing rate

     3.0     2.3