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Debt (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Debt
The Company’s debt consists of the following:
December 31,
(Dollars in millions)20232022
Term Loan A$214 $225 
Outstanding revolver— — 
Finance lease and other158 161 
Short-term borrowings35 10 
Total debt principal
407 396 
Less unamortized debt issuance costs and discounts(1)(2)
Total debt, net
406 394 
Less short-term borrowings and current portion of long-term debt(57)(29)
Total long-term debt
$349 $365 
Schedule of Maturities of Debt
Maturities of debt as of December 31, 2023 are as follows:
(Dollars in millions)
Year Ending December 31,
Total
2024$57 
202521 
202621 
2027188 
2028
Thereafter113 
Total principal payments
$407