Debt (Tables)

12 Months Ended

Dec. 31, 2023

Debt Instruments [Abstract]

Schedule of Long-term Debt

Long-term debt consisted of the following:

	As of December 31,
	2023		2022
	(in millions)
Term Loan Facility	$	1,845	$	2,107
Deferred financing transaction costs	(12)		(14)
Original issue discounts	(1)		(2)
	1,832		2,091
Less: current portion	—		(25)
Long-term debt	$	1,832	$	2,066

Schedule of Interest Expense, Net

Interest expense, net consisted of the following:

	For the Years Ended December 31,
	2023		2022		2021
	(in millions)
Interest expense, Term Loan Facility	$	142	$	74	$	41
Amortization of deferred financing transaction costs	4		4		4
Interest rate swaps (benefit) expense	(29)		(6)		2
Other	2		4		1
Interest expense, net	$	119	$	76	$	48

Schedule of Required Future Repayments on Debt Outstanding

Below is a schedule of required future repayments on our debt outstanding as of December 31, 2023:

	(in millions)
2024	$	—
2025	—
2026	—
2027	1,845
Total long-term debt	$	1,845