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Long-Term and Other Debt (Tables)

9 Months Ended

Sep. 30, 2022

Debt Disclosure [Abstract]

Schedule of Outstanding Debt

The following table reflects our outstanding debt (in order of priority and maturity):

			As of
			September 30, 2022																														December 31, 2021
			Final Maturity						Rate(s)						Face value						Unamortized debt discount/premium and deferred financing costs, net						Book value						Book value
Senior Secured Credit Facilities:
SGI Term Loan B-5			2024						variable						$	—					$	—					$	—					$	3,982
SciPlay Revolver			2024						variable						—						—						—						—
SGI Revolver			2027						variable						—						—						—						—
SGI Term Loan B			2029						variable						2,195						(31)						2,164						—
SGI Senior Notes:
2025 Secured Notes			2025						5.000%						—						—						—						1,240
2026 Secured Euro Notes			2026						3.375%						—						—						—						364
2025 Unsecured Notes			2025						8.625%						550						(5)						545						544
2026 Unsecured Euro Notes			2026						5.500%						—						—						—						280
2026 Unsecured Notes			2026						8.250%						—						—						—						1,090
2028 Unsecured Notes			2028						7.000%						700						(7)						693						692
2029 Unsecured Notes			2029						7.250%						500						(6)						494						494
Other			2023						—						2						—						2						4
Total long-term debt outstanding															$	3,947					$	(49)					$	3,898					$	8,690
Less: current portion of long-term debt																											(24)						(44)
Long-term debt, excluding current portion																											$	3,874					$	8,646
Fair value of debt(1)															$	3,813
(1) Fair value of our fixed rate and variable interest rate debt is classified within Level 2 in the fair value hierarchy and has been calculated based on the quoted market prices of our securities.

Schedule of Retired and Redeemed Debt and Interest Payments

With the issuance of the new term loan facility and using the proceeds from the divestiture of the Lottery Business (see Note 1), we retired and redeemed the following outstanding debt and paid accrued and unpaid interest thereon plus related premiums, fees and expenses:

Debt instrument						Interest rate						Maturity						Face value as of March 31, 2022						Paid interest						Premium, other fees and expenses
SGI Term Loan B-5(1)						variable						2024						$	4,008					$	5					$	33
Senior Secured Notes						5.000%						2025						1,250						31						31
Senior Secured Euro Notes						3.375%						2026						361						2						6
Senior Unsecured Euro Notes						5.500%						2026						278						3						8
Senior Unsecured Notes						8.250%						2026						1,100						7						45
Total																		$	6,997					$	48					$	123
(1) Premium, other fees and expenses include fees associated with SGI Term Loan B.

Schedule of Components of Extinguishment and Modification of Debt

The following are components of the loss on debt financing transactions resulting from debt extinguishment and modification accounting for the nine months ended September 30, 2022. No such transactions occurred during the three months ended September 30, 2022, or the three and nine months ended September 30, 2021.

			Nine Months Ended September 30, 2022
Repayment of principal balance at premium			$	90
Unamortized debt (premium) discount and deferred financing costs, net			57
Total loss on debt refinancing transactions			$	147

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