Debt (Tables)

9 Months Ended

Sep. 30, 2021

Debt Disclosure [Abstract]

Schedule of Debt Outstanding

Debt outstanding consisted of the following (in millions):

		Predecessor
		December 31,
	Maturity Date	2020
Term Loan	May 1, 2024	$	634
Term Loan, Amended	October 31, 2026		1,976
Secured Senior Notes	June 1, 2025		300
Unsecured Senior Notes	June 1, 2025		1,230
$24m Revolving Credit Facility	May 1, 2022		—
$226m Revolving Credit Facility, Amended	October 31, 2024		—
Other	December 31, 2021		10
Total gross debt			4,150
Less: term loan and senior note financing fees and premium, net			(72	)
Total debt, net			4,078
Less: current portion of long term debt, net			(37	)
Total long term debt, net		$	4,041

		Successor
		September 30,
	Maturity Date	2021
Term Loan	May 1, 2024	$	73
Term Loan, Amended	October 31, 2026		1,963
Term Loan, Third Incremental(1)	August 31, 2028		519
Secured Senior Notes	June 1, 2025		315
$294m Revolving Credit Facility, Amended	August 31, 2026		—
Other	December 31, 2021		12
Total debt, net			2,882
Less: current portion of long term debt, net			(43	)
Total long term debt, net		$	2,839

⁽¹⁾ The net balance for the Third Incremental Term Loan includes unamortized debt issuance costs of $6 million.

Schedule of Aggregate Contractual Principal Payments

Aggregate contractual principal payments as of September 30, 2021 are as follows (in millions):

Remainder of 2021 (October - December)	$	19
2022		32
2023		32
2024		84
2025		325
Thereafter		2,378
Total payments	$	2,870