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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Summary of outstanding debt
The Company’s outstanding debt consisted of the following:
(in millions)CurrencyMaturity DateAs of December 31, 2024As of December 31, 2023
Term loansUSDJanuary 2027$444 $500 
Revolving credit facility USDJanuary 2027— 110 
Senior notesUSDOctober 2028300 300 
OtherUSDAugust 2033— 
Total debt747 910 
Less: unamortized debt issuance costs(5)(6)
Total debt, net of unamortized debt issuance costs742 904 
Less: current portion of long-term debt(50)— 
Long-term debt$692 $904 
Schedule of Maturities of Long-Term Debt
As of December 31, 2024, the remaining aggregate scheduled principal repayments of the Company’s debt are as follows:
(in millions)
2025$50 
202650 
2027344 
2028300 
2029
Thereafter
Total$747