Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Summary of Carrying Value of Debt

The following table shows the carrying value of the Company’s debt (in millions):

	December 31,
	2024		2023
Term Loan A	$	1,575	$	1,684
Senior Notes	500		—
Revolving Credit Facility	—		413
Receivables Financing Facilities	108		129
Total debt	$	2,183	$	2,226
Less: Debt issuance costs	(9)		(2)
Less: Unamortized discounts	(3)		(4)
Less: Current portion of debt	(79)		(173)
Total long-term debt	$	2,092	$	2,047

Schedule of Future Maturities of Debt

As of December 31, 2024, the future maturities of debt are as follows (in millions):

2025	$	79
2026	88
2027	1,516
2028	—
2029	—
Thereafter	500
Total future maturities of debt	$	2,183