Lease Obligations (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Summary of Components of Lease Expense

The components of lease expense were as follows (in millions):

	Successor						Predecessor
	Year Ended			Six Months Ended			Six Months Ended			Year Ended
	December 31,			December 31,			June 30,			December 31,
	2022			2021			2021			2020
Operating lease cost	$	25		$	14		$	16		$	40
Finance lease cost:
Amortization of leased assets		25			12			13			21
Interest of lease liabilities		3			2			2			4
Variable and short-term lease cost		6			3			3			6
Sublease income		(8	)		(3	)		(4	)		(6	)
Total lease cost	$	51		$	28		$	30		$	65

Schedule of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows (in millions, except lease term and discount rate):

	Successor
	December 31,			December 31,
	2022			2021
Operating Leases
Operating lease right-of-use assets	$	86		$	120
Current operating lease liabilities		34			44
Noncurrent operating lease liabilities		103			139
Total operating lease liabilities	$	137		$	183
Finance Leases
Fixed assets, net	$	46		$	62
Current finance lease liabilities		25			27
Noncurrent finance lease liabilities		18			34
Total finance lease liabilities	$	43		$	61
Weighted Average Remaining Lease Term (in years)
Operating leases		6.5			5.8
Finance leases		2.0			2.7
Weighted Average Discount Rate
Operating leases		4.6	%		4.3	%
Finance leases		4.3	%		4.4	%

Schedule of Supplemental cash Flow and Other Information Related to Leases

Supplemental cash flow and other information related to leases was as follows (in millions):

	Successor				Predecessor
	Year Ended		Six Months Ended		Six Months Ended		Year Ended
	December 31,		December 31,		June 30,		December 31,
	2022		2021		2021		2020
Cash paid for amounts included in the measurement of    lease liabilities
Operating cash flows from operating leases	$	48	$	27	$	22	$	42
Operating cash flows from finance leases		2		2		2		4
Financing cash flows from finance leases		30		14		17		24
Right-of use assets obtained in exchange for lease    obligations
Operating leases	$	11	$	2	$	10	$	26
Finance leases		9		2		2		62

Summary of Future Lease Payments for Lease Obligations

Future lease payments for lease obligations with initial terms in excess of one year as of December 31, 2022 are as follows (in millions):

	Finance Leases			Operating Leases
2023	$	21		$	37
2024		18			33
2025		5			19
2026		—			17
2027		—			15
Thereafter		—			28
Total lease payments		44			149
Less: amount representing interest		(1	)		(19	)
Total lease obligations, net		43			130
Less: current portion of lease obligations, net		(25	)		(34	)
Total long-term portion of lease obligations, net	$	18		$	96