XML 95 R71.htm IDEA: XBRL DOCUMENT v3.20.4
Debt - Exit Credit Facility (Details)
12 Months Ended
Jun. 28, 2020
USD ($)
Dec. 31, 2020
USD ($)
Feb. 09, 2021
Feb. 02, 2021
USD ($)
Dec. 31, 2019
USD ($)
Debt Instrument [Line Items]          
Debt, principal   $ 9,095,000,000     $ 8,916,000,000
Chesapeake revolving credit facility          
Debt Instrument [Line Items]          
Revolving credit, maximum borrowing capacity   $ 4,000,000,000.0      
Chesapeake revolving credit facility | London interbank offered rate (LIBOR) | Minimum          
Debt Instrument [Line Items]          
Basis spread on variable rate   2.50%      
Chesapeake revolving credit facility | London interbank offered rate (LIBOR) | Maximum          
Debt Instrument [Line Items]          
Basis spread on variable rate   3.50%      
Credit facility | Chesapeake revolving credit facility          
Debt Instrument [Line Items]          
Debt, principal   $ 1,929,000,000     $ 1,590,000,000
Credit facility | Exit credit facility          
Debt Instrument [Line Items]          
Revolving credit, maximum borrowing capacity $ 2,500,000,000        
LIBOR Floor 1.00%        
First lien leverage ratio 2.75        
Leverage ratio 3.50        
Current ratio 1.00        
Unused capacity, commitment fee percentage 0.50%        
Credit facility | Exit credit facility | Subsequent event          
Debt Instrument [Line Items]          
Revolving credit, maximum borrowing capacity       $ 2,500,000,000  
Credit facility | Exit credit facility | Minimum          
Debt Instrument [Line Items]          
Asset coverage ratio 1.50        
Credit facility | Exit credit facility | Letter of Credit          
Debt Instrument [Line Items]          
Revolving credit, maximum borrowing capacity $ 200,000,000.0        
Credit facility | Exit credit facility | Letter of Credit | Alternative Base Rate | Minimum          
Debt Instrument [Line Items]          
Basis spread on variable rate 2.25%        
Credit facility | Exit credit facility | Letter of Credit | Alternative Base Rate | Maximum          
Debt Instrument [Line Items]          
Basis spread on variable rate 3.25%        
Credit facility | Exit credit facility | Letter of Credit | London interbank offered rate (LIBOR) | Minimum          
Debt Instrument [Line Items]          
Basis spread on variable rate 3.25%        
Credit facility | Exit credit facility | Letter of Credit | London interbank offered rate (LIBOR) | Maximum          
Debt Instrument [Line Items]          
Basis spread on variable rate 4.25%        
Credit facility | Revolving Tranche A | Subsequent event          
Debt Instrument [Line Items]          
Revolving credit, maximum borrowing capacity       1,750,000,000  
Credit facility | Revolving Tranche A | Chesapeake revolving credit facility          
Debt Instrument [Line Items]          
Revolving credit, maximum borrowing capacity $ 1,750,000,000        
Term 3 years        
Credit facility | Tranche B Loans          
Debt Instrument [Line Items]          
Revolving credit, maximum borrowing capacity $ 220,000,000        
Term 4 years        
Credit facility | Tranche B Loans | Subsequent event          
Debt Instrument [Line Items]          
Revolving credit, maximum borrowing capacity       220,000,000  
Senior notes | 5.5% Senior Notes due 2026 | Subsequent event          
Debt Instrument [Line Items]          
Debt, principal       $ 500,000,000  
Interest rate, stated percentage     5.50% 5.50%  
Senior notes | 5.875% Senior Notes due 2029 | Subsequent event          
Debt Instrument [Line Items]          
Debt, principal       $ 500,000,000  
Interest rate, stated percentage     5.875% 5.875%