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Debt (Tables)
9 Months Ended
Sep. 30, 2024
Debt Disclosure [Abstract]  
Summary of Long-Term Debt and Maturities

Long-term debt and maturities are as follows (dollars in millions):

 

 

 

September 30,
2024

 

 

December 31,
2023

 

Long-term debt:

 

 

 

 

 

 

Senior Secured Credit Facility Term Loan, variable, due 2026

 

$

 

 

$

618

 

Senior Notes, fixed 4.75%, due 2027

 

 

400

 

 

 

400

 

Senior Notes, fixed 5.875%, due 2029

 

 

500

 

 

 

500

 

Senior Notes, fixed 3.75%, due 2031

 

 

1,000

 

 

 

1,000

 

Senior Secured Credit Facility Term Loan, variable, due 2031

 

 

515

 

 

 

 

Total long-term debt

 

$

2,415

 

 

$

2,518

 

Less: current maturities of long-term debt

 

 

5

 

 

 

6

 

deferred financing costs, net

 

 

14

 

 

 

15

 

Total long-term debt, net

 

$

2,396

 

 

$

2,497