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Long-Term Debt - Outstanding Debt (Details) - USD ($)
$ in Millions
Jun. 30, 2025
May 15, 2025
Dec. 31, 2024
Debt Instrument [Line Items]      
Face Value $ 4,893    
Unamortized debt discount/premium and deferred financing costs, net 37    
Book Value 4,856   $ 3,870
Less: current portion of long-term debt (38)   (23)
Long-term debt, excluding current portion 4,818   3,847
Fair value of debt(1) [1] 4,935    
Secured Debt | Revolving Credit Facility | LNWI Revolver      
Debt Instrument [Line Items]      
Face Value 195    
Unamortized debt discount/premium and deferred financing costs, net 0    
Book Value 195   0
Secured Debt | Secured Debt | LNWI Term Loan A      
Debt Instrument [Line Items]      
Face Value   $ 800  
Unamortized debt discount/premium and deferred financing costs, net (2)    
Book Value 798   0
Secured Debt | Secured Debt | LNWI Term Loan B      
Debt Instrument [Line Items]      
Face Value 2,145    
Unamortized debt discount/premium and deferred financing costs, net (21)    
Book Value $ 2,124   2,133
Senior Notes | 2028 Unsecured Notes      
Debt Instrument [Line Items]      
Rate(s) 7.00%    
Face Value $ 700    
Unamortized debt discount/premium and deferred financing costs, net 4    
Book Value $ 696   695
Senior Notes | 2029 Unsecured Notes      
Debt Instrument [Line Items]      
Rate(s) 7.25%    
Face Value $ 500    
Unamortized debt discount/premium and deferred financing costs, net 4    
Book Value $ 496   496
Senior Notes | 2031 Unsecured Notes      
Debt Instrument [Line Items]      
Rate(s) 7.50%    
Face Value $ 550    
Unamortized debt discount/premium and deferred financing costs, net 6    
Book Value 544   543
Capital Lease Obligations | Other      
Debt Instrument [Line Items]      
Face Value 3    
Unamortized debt discount/premium and deferred financing costs, net 0    
Book Value $ 3   $ 3
[1] (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.