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Debt (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Schedule of long-term debt
The following table summarizes the long-term debt balances as of December 31:
(in millions)20242023
Notes outstanding under revolving credit facility
$300 $— 
Term Loan
610 642 
Less:
Current maturities - Term Loan
(33)(33)
Unamortized deferred financing costs(2)(3)
Long-term debt, net of current maturities$875 $606 
Schedule of debt maturities
The following represents the schedule of maturities of our Term Loan:
YearAmounts (in millions)
2025$33 
202633 
2027544 
Total$610