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v3.21.1

Long-term Debt and Finance Leases (Tables) | 3 Months Ended
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Mar. 31, 2021
Debt Disclosure [Abstract] |
Long-term Debt and Finance Leases | Long-term debt and finance leases consisted of the following:
(In millions, except rates) | March 31, 2021 |  | December 31, 2020 |  | Interest rate %
Recourse debt: |  |  |  |  |
Senior Notes, due 2026 | $ | 1,000 |  |  | $ | 1,000 |  |  | 7.250
Senior Notes, due 2027 | 1,230 |  |  | 1,230 |  |  | 6.625
Senior Notes, due 2028 | 821 |  |  | 821 |  |  | 5.750
Senior Notes, due 2029 | 733 |  |  | 733 |  |  | 5.250
Senior Notes, due 2029 | 500 |  |  | 500 |  |  | 3.375
Senior Notes, due 2031 | 1,030 |  |  | 1,030 |  |  | 3.625
Convertible Senior Notes, due 2048(a) | 575 |  |  | 575 |  |  | 2.750
Senior Secured First Lien Notes, due 2024 | 600 |  |  | 600 |  |  | 3.750
Senior Secured First Lien Notes, due 2025 | 500 |  |  | 500 |  |  | 2.000
Senior Secured First Lien Notes, due 2027 | 900 |  |  | 900 |  |  | 2.450
Senior Secured First Lien Notes, due 2029 | 500 |  |  | 500 |  |  | 4.450
Revolving Credit Facility | 750 |  |  | — |  |  | L + 1.720
Tax-exempt bonds | 466 |  |  | 466 |  |  | 1.250 - 4.750
Repurchase Facility | 75 |  |  | — |  |  | L + 1.250
Subtotal recourse debt | 9,680 |  |  | 8,855 |  |  |
Finance leases | 16 |  |  | 4 |  |  | various
Subtotal long-term debt and finance leases (including current maturities) | 9,696 |  |  | 8,859 |  |  |
Less current maturities | (831) |  |  | (1) |  |  |
Less debt issuance costs | (89) |  |  | (93) |  |  |
Discounts | (71) |  |  | (74) |  |  |
Total long-term debt | $ | 8,705 |  |  | $ | 8,691 |  |  |
(a)As of the ex-dividend date of January 29, 2021, the Convertible Senior Notes were convertible at a price of $45.91, which is equivalent to a conversion rate of approximately 21.79 shares of common stock per $1,000 principal amount. As of the ex-dividend date of April 30, 2021, the Convertible Senior Notes were convertible at a price of $45.54, which is equivalent to a conversion rate of approximately 21.96 shares of common stock per $1,000 principal amount

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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