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Indebtedness
3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Indebtedness Indebtedness
Long-term debt consisted of the following as of March 31, 2025 and December 31, 2024:

March 31, 2025December 31, 2024
Term Loan, expiring 2030 $1,045,000 $1,045,000 
Senior Secured Notes, maturing 2031 725,000 725,000 
Debt issuance discount(52,483)(54,067)
Debt issuance costs (38,870)(40,003)
Total long-term debt
$1,678,647 $1,675,930 
The Term Loan is part of our Credit Agreement that includes a revolving credit facility. At the end of March 31, 2025 and December 31, 2024, the revolving credit facility has $277 million of borrowings available and no borrowings outstanding.