XML 87 R76.htm IDEA: XBRL DOCUMENT v3.20.2
DEBT - Additional Information (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
May 22, 2020
Mar. 31, 2020
Feb. 14, 2020
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Oct. 01, 2019
Dec. 31, 2017
Debt Disclosure [Line Items]                      
Debt, stated interest rate 6.125%       6.125%   6.125%        
Proceeds from issuance debt $ 493,000,000                    
Proceeds from debt             $ 1,166,000,000 $ 310,000,000      
Repayments of debt             (701,000,000) $ (266,000,000)      
Principal amount 2,719,000,000       $ 2,719,000,000   $ 2,719,000,000        
Dividend per share (in usd per share)       $ 0.54 $ 0 $ 0.45 $ 0.54 $ 0.90      
Debt instrument, convertible, remaining discount amortization period     2 years 2 months 12 days                
Senior Secured Notes | Senior notes                      
Debt Disclosure [Line Items]                      
Principal amount 500,000,000       $ 500,000,000   $ 500,000,000        
Senior Unsecured Notes | Senior notes                      
Debt Disclosure [Line Items]                      
Principal amount $ 750,000,000       $ 750,000,000   $ 750,000,000        
Debt, stated interest rate 6.50%       6.50%   6.50%        
2028 Notes | Senior notes                      
Debt Disclosure [Line Items]                      
Principal amount                   $ 350,000,000  
Debt, stated interest rate                   4.75%  
Principal amount $ 350,000,000       $ 350,000,000   $ 350,000,000   $ 350,000,000    
Revolving Corporate Credit Facility, net | Corporate credit facility                      
Debt Disclosure [Line Items]                      
Principal amount 0       0   0   30,000,000    
Convertible Notes, net | Convertible notes                      
Debt Disclosure [Line Items]                      
Principal amount $ 230,000,000       $ 230,000,000   $ 230,000,000        
Debt, stated interest rate 1.50%       1.50%   1.50%        
Principal amount $ 230,000,000       $ 230,000,000   $ 230,000,000   230,000,000    
Interest rate, effective percentage 4.70%       4.70%   4.70%        
Term Loan | Corporate credit facility                      
Debt Disclosure [Line Items]                      
Credit facility $ 900,000,000       $ 900,000,000   $ 900,000,000        
Principal amount 889,000,000       889,000,000   889,000,000   $ 893,000,000    
Revolving corporate credit facility, net | Corporate credit facility                      
Debt Disclosure [Line Items]                      
Credit facility 600,000,000       600,000,000   600,000,000        
Debt Instrument, Covenant, Liquidity Threshold   $ 300,000,000                  
Revolving corporate credit facility, net | Letter of credit | Corporate credit facility                      
Debt Disclosure [Line Items]                      
Credit facility $ 75,000,000       $ 75,000,000   $ 75,000,000        
Convertible Note Hedges                      
Debt Disclosure [Line Items]                      
Option indexed to issuer's equity, indexed shares (in shares)                     1,550,000
Convertible note hedges exercised (in shares) 0       0   0        
Private Warrants                      
Debt Disclosure [Line Items]                      
Number of securities called by warrants (in shares)                     1,550,000
Number of warrants exercised (in shares) 0       0   0        
Exercise price of warrants (in usd per share)                     $ 176.68
Minimum | Revolving corporate credit facility, net | Corporate credit facility                      
Debt Disclosure [Line Items]                      
Basis spread on variable rate             0.50%        
Commitment fee percentage             0.20%        
Maximum | Revolving corporate credit facility, net | Corporate credit facility                      
Debt Disclosure [Line Items]                      
Basis spread on variable rate             2.75%        
Commitment fee percentage             0.40%        
London Interbank Offered Rate (LIBOR) | Term Loan | Corporate credit facility                      
Debt Disclosure [Line Items]                      
Basis spread on variable rate             1.75%        
Interest Rate Swap, September 2023                      
Debt Disclosure [Line Items]                      
Notional amount $ 250,000,000       $ 250,000,000   $ 250,000,000        
Derivative, fixed interest rate 2.9625%       2.9625%   2.9625%        
Interest Rate Swap, April 2024                      
Debt Disclosure [Line Items]                      
Notional amount $ 200,000,000       $ 200,000,000   $ 200,000,000        
Derivative, fixed interest rate 2.248%       2.248%   2.248%        
Interest Rate Contract                      
Debt Disclosure [Line Items]                      
Notional amount $ 100,000,000       $ 100,000,000   $ 100,000,000        
Cap strike rate 2.50%       2.50%   2.50%        
Floor strike rate 1.881%       1.881%   1.881%