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Debt (Tables)
12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Maturities of long-term debt
Contractual maturities of debt, as of December 31, 2019, are illustrated in the following table. All amounts represent the principal amounts of the debt instruments outstanding.
 
Total
 
2020
 
2021
 
2022
 
2023
 
2024
 
Thereafter
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(In millions)
5.375% Notes
$
700

 
$

 
$

 
$
700

 
$

 
$

 
$

4.875% Notes
330

 

 

 

 

 

 
330

Term Loan Facility
220

 
6

 
16

 
22

 
22

 
154

 

1.125% Convertible Notes
12

 
12

 

 

 

 

 

Total
$
1,262

 
$
18

 
$
16

 
$
722

 
$
22

 
$
154

 
$
330


Long term debt The following table summarizes our outstanding debt obligations and their classification in the accompanying consolidated balance sheets:
 
December 31,
 
2019
 
2018
 
(In millions)
Current portion of long-term debt:
 
 
 
1.125% Convertible Notes, net of unamortized discount
$
12

 
$
241

Term Loan Facility
6

 

Lease financing obligations

 
1

Debt issuance costs

 
(1
)
Total, current portion
$
18

 
$
241

Non-current portion of long-term debt:
 
 
 
5.375% Notes
$
700

 
$
700

4.875% Notes
330

 
330

Term Loan Facility
214

 

Debt issuance costs
(7
)
 
(10
)
Total, non-current portion
$
1,237

 
$
1,020


Interest costs
Interest cost recognized relating to our convertible senior notes for the periods presented was as follows:
 
Years Ended December 31,
 
2019
 
2018
 
2017
 
(In millions)
Contractual interest at coupon rate
$
1

 
$
6

 
$
11

Amortization of the discount
5

 
21

 
32

Total
$
6

 
$
27

 
$
43