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Long-Term and Other Debt (Tables)
 6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Outstanding Debt
The following table reflects our outstanding debt (in order of priority and maturity):
As of
June 30, 2022December 31, 2021
Final MaturityRate(s)Face valueUnamortized debt discount/premium and deferred financing costs, netBook valueBook value
Senior Secured Credit Facilities:
SGI Term Loan B-52024variable$— $— $— $3,982 
SciPlay Revolver2024variable— — — — 
SGI Revolver2027variable— — — — 
SGI Term Loan B2029variable2,200 (32)2,168 — 
SGI Senior Notes:
2025 Secured Notes20255.000%— — — 1,240 
2026 Secured Euro Notes20263.375%— — — 364 
2025 Unsecured Notes20258.625%550 (5)545 544 
2026 Unsecured Euro Notes20265.500%— — — 280 
2026 Unsecured Notes20268.250%— — — 1,090 
2028 Unsecured Notes20287.000%700 (8)692 692 
2029 Unsecured Notes20297.250%500 (6)494 494 
Other20234.089%3 — 3 4 
Total long-term debt outstanding$3,953 $(51)$3,902 $8,690 
Less: current portion of long-term debt(24)(44)
Long-term debt, excluding current portion$3,878 $8,646 
Fair value of debt(1)
$3,742 
(1) Fair value of our fixed rate and variable interest rate debt is classified within Level 2 in the fair value hierarchy and has been calculated based on the quoted market prices of our securities.
Schedule of Retired and Redeemed Debt and Interest Payments
With the issuance of the new term loan facility and using the proceeds from the divestiture of the Lottery Business (see Note 1), we retired and redeemed the following outstanding debt and paid accrued and unpaid interest thereon plus related premiums, fees and expenses:
Debt instrumentInterest rateMaturityFace value as of March 31, 2022Paid interestPremium, other fees and expenses
SGI Term Loan B-5(1)
variable2024$4,008 $5 $33 
Senior Secured Notes5.000%20251,250 31 31 
Senior Secured Euro Notes3.375%2026361 2 6 
Senior Unsecured Euro Notes5.500%2026278 3 8 
Senior Unsecured Notes8.250%20261,100 7 45 
Total$6,997 $48 $123 
(1) Premium, other fees and expenses include fees associated with SGI Term Loan B.
Schedule of Components of Extinguishment and Modification of Debt
The following are components of the loss on debt financing transactions resulting from debt extinguishment and modification accounting for the three and six months ended June 30, 2022. No such transactions occurred during the three and six months ended June 30, 2021.
Three and Six Months Ended
June 30, 2022
Repayment of principal balance at premium$90 
Unamortized debt (premium) discount and deferred financing costs, net57 
Total loss on debt refinancing transactions$147