Long-Term Debt

3 Months Ended

Mar. 31, 2022

Long-Term Debt [Abstract]

Long-Term Debt

Note 9. Long-Term Debt

Long-term debt is summarized in the following table:

	As of
	March 31,		December 31,
(In millions)	2022		2021
Term Loan A maturing in 2026(1)	$	248	$	252
Term Loan B maturing in 2028(2)		372		373
Revolving Credit Facility maturing in 2026		—		—
Less current portion		(17)		(17)
Total long-term debt	$	604	$	608

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(1)As of March 31, 2022, and December 31, 2021, each presented net of $2 million in unamortized debt issuance costs.

(2)As of March 31, 2022, and December 31, 2021, each presented net of $3 million in unamortized debt issuance costs and $2 million in unamortized original issue discount.

Scheduled Long-term Debt Payments

As of March 31, 2022, future scheduled long-term debt payments are $13 million for the remainder of 2022, $17 million for each of the years ending December 31, 2023 through 2025, $205 million for the year ending December 31, 2026 and $4 million for the year ending December 31, 2027.