XML 56 R34.htm IDEA: XBRL DOCUMENT v3.21.1
Long-term Debt and Finance Leases (Tables)
 3 Months Ended
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, 2021December 31, 2020Interest 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
Senior Notes, due 2029500 500 3.375
Senior Notes, due 20311,030 1,030 3.625
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 2025500 500 2.000
Senior Secured First Lien Notes, due 2027900 900 2.450
Senior Secured First Lien Notes, due 2029500 500 4.450
Revolving Credit Facility750 — 
L + 1.720
Tax-exempt bonds466 466 
1.250 - 4.750
Repurchase Facility75 — 
L + 1.250
Subtotal recourse debt9,680 8,855 
Finance leases16 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