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Long-term Debt and Credit Agreement (Tables)
3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Debt

 

The Company’s debt at March 31, 2020 and December 31, 2019 consisted of the following:

 

 

 

March 31,

 

 

December 31,

 

 

 

2020

 

 

2019

 

6.125% notes due 2026

 

$

400

 

 

$

400

 

Five-year variable rate term loan A due 2023

 

 

333

 

 

 

333

 

Seven-year variable rate term loan B due 2025

 

 

470

 

 

 

470

 

Revolving Credit Facility

 

 

350

 

 

 

-

 

Unamortized deferred financing costs

 

 

(22

)

 

 

(23

)

Total outstanding indebtedness

 

 

1,531

 

 

 

1,180

 

Less: amounts due within one year

 

 

382

 

 

 

22

 

Total long-term debt due after one year

 

$

1,149

 

 

$

1,158