Debt and Credit Agreements (Tables)

3 Months Ended

Mar. 31, 2022

Schedule of debt and credit agreement components

The Company’s debt and credit agreements consisted of the following:


(In millions)	March 31, 2022		December 31, 2021
Total debt
6.51% weighted-average private placement senior notes	$	37	$	37
5.58% weighted-average private placement senior notes (1)	87		87
3.65% weighted-average private placement senior notes	825		825
4.375% senior notes due June 1, 2024	750		750
3.90% senior notes due May 15, 2027	750		750
4.375% senior notes due March 15, 2029	500		500
Revolving credit facility	—		—
Net premium (discount)	175		185
Unamortized debt issuance costs	(9)		(9)
	$	3,115	$	3,125

________________________________________________________

(1) Includes $25 million of current portion of long-term debt at March 31, 2022 due in January 2023.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details