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Long-term Debt (Tables)
 6 Months Ended
Jun. 30, 2020
Debt Disclosure [Abstract]  
Long-term debt
Long-term debt consisted of the following:
(In millions, except rates)June 30, 2020December 31, 2019Interest rate %
Recourse debt:
Senior Notes, due 2026$1,000  $1,000  7.250
Senior Notes, due 20271,230  1,230  6.625
Senior Notes, due 2028821  821  5.750
Senior Notes, due 2029733  733  5.250
Convertible Senior Notes, due 2048(a)
575  575  2.750
Senior Secured First Lien Notes, due 2024600  600  3.750
Senior Secured First Lien Notes, due 2029500  500  4.450
Revolving Credit Facility(b)
—  83  
L+ 1.750
Tax-exempt bonds466  466  
1.30 - 6.00
Subtotal recourse debt5,925  6,008  
Non-recourse debt:
Other 32  34  various
Subtotal all non-recourse debt32  34  
Subtotal long-term debt (including current maturities)
5,957  6,042  
Less current maturities(7) (88) 
Less debt issuance costs(61) (65) 
Discounts(79) (86) 
Total long-term debt$5,810  $5,803  
(a)As of July 31, 2020, the Convertible Notes were convertible at a price of $46.65, which is equivalent to a conversion rate of approximately 21.44 shares of common stock per $1,000 principal amount.
(b)As of December 31, 2019, the Company had drawn under its Revolving Credit Facility at 1-week LIBOR + 1.750