Debt (Tables)

3 Months Ended

Mar. 31, 2021

Debt Disclosure [Abstract]

Summary of Outstanding Debt

The Company’s outstanding debt consisted of the following for the periods presented:

March 31, 2021	Outstanding Principal Amount		Unamortized Debt Issuance Costs			Carrying Value
(in millions)
Long-Term Debt:
2025 Senior Notes	$	500	$	(8	)	$	492
2026 Senior Notes		345		(6	)		339
Total Long-Term Debt	$	845	$	(14	)	$	831
December 31, 2020	Outstanding Principal Amount		Unamortized Debt Issuance Costs			Carrying Value
(in millions)
Long-Term Debt:
2025 Senior Notes	$	500	$	(9	)	$	491
Total Long-Term Debt	$	500	$	(9	)	$	491