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Fair Value Measurements (Tables) | 9 Months Ended
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Sep. 30, 2020
Fair Value Disclosures [Abstract] |
Fair Value Measurements, Recurring and Nonrecurring | The following table sets forth the assets and liabilities measured at fair value on a recurring basis, by input level, in the Consolidated Condensed Balance Sheets at September 30, 2020 and December 31, 2019:
(In millions) | September 30, 2020
Assets: | Level 1 |  | Level 2 |  | Level 3 |  | Total
Restricted cash and investments | $ | 8 |  |  | $ | 3 |  |  | $ | 50 |  |  | $ | 61 |
Marketable securities | 31 |  |  | 12 |  |  | — |  |  | 43 |
Total assets at fair value | $ | 39 |  |  | $ | 15 |  |  | $ | 50 |  |  | $ | 104 |
Liabilities: |  |  |  |  |  |  |
Other liabilities related to restricted investments | $ | — |  |  | $ | — |  |  | $ | 4 |  |  | $ | 4 |
Derivative instruments - 5% Convertible Notes | — |  |  | 575 |  |  | — |  |  | 575 |
Derivative instruments - interest rate swaps and FX forward | — |  |  | 114 |  |  | — |  |  | 114 |
Total liabilities at fair value | $ | — |  |  | $ | 689 |  |  | $ | 4 |  |  | $ | 693 |
| December 31, 2019
Assets: | Level 1 |  | Level 2 |  | Level 3 |  | Total
Restricted cash and investments | $ | 11 |  |  | $ | 2 |  |  | $ | 29 |  |  | $ | 42 |
Marketable securities | 27 |  |  | 8 |  |  | — |  |  | 35 |
Total assets at fair value | $ | 38 |  |  | $ | 10 |  |  | $ | 29 |  |  | $ | 77 |
Schedule of Change in Restricted Investments Valued Using Level 3 Inputs | The change in restricted cash and investments and liabilities valued using Level 3 inputs for the nine months ended September 30, 2020 is as follows:
(In millions) | Level 3 Investments |  | Level 3 Other Liabilities
Fair value of investment and liabilities at December 31, 2019 | $ | 29 |  |  | $ | — |
Value of additional investment received | 5 |  |  | 2 |
Unrealized gain | 16 |  |  | 2 |
Fair value at September 30, 2020 | $ | 50 |  |  | $ | 4 |
Schedule of Derivative Instruments | The major terms of the interest rate swap agreements as of September 30, 2020 are as follows:
Effective Date |  | Notional Amount (In millions) |  | Fixed Rate Paid |  | Variable Rate Received as of September 30, 2020 |  |  |  | Maturity Date
12/31/2018 |  | 250 |  | 2.274% |  | 0.156% |  |  |  | 12/31/2022
12/31/2018 |  | 200 |  | 2.828% |  | 0.156% |  |  |  | 12/31/2022
12/31/2018 |  | 600 |  | 2.739% |  | 0.156% |  |  |  | 12/31/2022
1/1/2019 |  | 250 |  | 2.153% |  | 0.156% |  |  |  | 12/31/2020
1/1/2019 |  | 250 |  | 2.196% |  | 0.156% |  |  |  | 12/31/2021
1/1/2019 |  | 400 |  | 2.788% |  | 0.156% |  |  |  | 12/31/2021
1/1/2019 |  | 200 |  | 2.828% |  | 0.156% |  |  |  | 12/31/2022
1/2/2019 |  | 250 |  | 2.172% |  | 0.156% |  |  |  | 12/31/2020
1/2/2019 |  | 200 |  | 2.731% |  | 0.156% |  |  |  | 12/31/2020
1/2/2019 |  | 400 |  | 2.707% |  | 0.156% |  |  |  | 12/31/2021
Schedule of Accumulated Other Comprehensive Income (Loss) | The changes in AOCI by component, net of tax, for the period through September 30, 2020 are shown below.
(In millions) | Unrealized Net Gains on Derivative Instruments |  | Foreign Currency Translation Adjustments |  | Total
Balances as of December 31, 2019 | $ | — |  |  | $ | — |  |  | $ | — |
Other comprehensive income before reclassifications | 2 |  |  | 1 |  |  | 3 |
Amounts reclassified from accumulated other comprehensive income | 12 |  |  | — |  |  | 12 |
Total other comprehensive income, net of tax | 14 |  |  | 1 |  |  | 15 |
Balances as of September 30, 2020 | $ | 14 |  |  | $ | 1 |  |  | $ | 15 |

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- Definition Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19279-110258 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2C -URI http://asc.fasb.org/extlink&oid=117815213&loc=SL7498348-110258 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bb) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19279-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624163-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5580258-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41620-113959 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5579245-113959 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41638-113959 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41678-113959 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41641-113959 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(n)(2)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5579240-113959 + Details
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