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Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2024

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

			March 31, 2024																								December 31, 2023
(Dollars in millions)			Final Maturity						Rates						Face Value						Book Value						Book Value
Secured Debt
CEI Revolving Credit Facility			2028						variable						$	—					$	—					$	—
CEI Term Loan A			2028						variable						703						701						710
CEI Term Loan B			2030						variable						2,475						2,427						2,432
CEI Term Loan B-1			2031						variable						2,900						2,861						—
CEI Senior Secured Notes due 2030			2030						7.00%						2,000						1,979						1,978
CEI Senior Secured Notes due 2032			2032						6.50%						1,500						1,482						—
CEI Senior Secured Notes due 2025			N/A						N/A						—						—						3,374
CRC Senior Secured Notes			N/A						N/A						—						—						983
Unsecured Debt
CEI Senior Notes due 2027			2027						8.125%						1,611						1,595						1,593
CEI Senior Notes due 2029			2029						4.625%						1,200						1,188						1,188
Special Improvement District Bonds			2037						4.30%						45						45						45
Long-term notes and other payables															2						2						2
Total debt															12,436						12,280						12,305
Current portion of long-term debt															(94)						(94)						(65)
Deferred finance charges associated with the CEI Revolving Credit Facility															—						(15)						(16)
Long-term debt															$	12,342					$	12,171					$	12,224
Unamortized discounts and deferred finance charges																					$	171					$	150
Fair value															$	12,446

Schedule of Maturities of Long-Term Debt

Annual Estimated Debt Service Requirements as of March 31, 2024
			Remaining						Years Ended December 31,
(In millions)			2024						2025						2026						2027						2028						Thereafter						Total
Annual maturities of long-term debt			$	72					$	94					$	94					$	1,705					$	616					$	9,855					$	12,436
Estimated interest payments			610						870						830						810						650						1,220						4,990
Total debt service obligation (a)			$	682					$	964					$	924					$	2,515					$	1,266					$	11,075					$	17,426

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(a)Debt principal payments are estimated amounts based on contractual maturity and scheduled repayment dates. Interest payments are estimated based on the forward-looking SOFR curve, where applicable. Actual payments may differ from these estimates.

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- References

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- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

+ References

No definition available.

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- Definition

Tabular disclosure of maturity and sinking fund requirement for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 470
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481544/470-10-50-1

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