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DEBT - Long-Term Debt (Details) - USD ($) $ in Millions | Apr. 26, 2023 | Jun. 30, 2024 | Jun. 05, 2024 | Dec. 31, 2023
--- | --- | --- | --- | ---
Debt |  |  |  |
Principal amount |  | $ 1,175 |  | $ 545
Unamortized debt discount and debt issuance costs |  | (14) |  | (5)
Long-term debt, net |  | 1,161 |  | 540
Senior Notes (Unsecured) | 2026 Senior Notes |  |  |  |
Debt |  |  |  |
Principal amount |  | $ 545 |  | 545
Interest rate |  | 7.125% |  |
Senior Notes (Unsecured) | 2029 Senior Notes |  |  |  |
Debt |  |  |  |
Principal amount |  | $ 600 |  | 0
Interest rate |  | 8.25% | 8.25% |
Revolving Credit Facility | Line of Credit |  |  |  |
Debt |  |  |  |
Principal amount |  | $ 30 |  | $ 0
Revolving Credit Facility | Line of Credit | Federal Funds Rate |  |  |  |
Debt |  |  |  |
Interest rate added to variable rate basis | 0.50% |  |  |
Revolving Credit Facility | Line of Credit | SOFR |  |  |  |
Debt |  |  |  |
Interest rate added to variable rate basis | 1.00% |  |  |
Revolving Credit Facility | Line of Credit | SOFR | Minimum |  |  |  |
Debt |  |  |  |
Interest rate added to variable rate basis | 2.50% |  |  |
Revolving Credit Facility | Line of Credit | SOFR | Maximum |  |  |  |
Debt |  |  |  |
Interest rate added to variable rate basis | 3.50% |  |  |
Revolving Credit Facility | Line of Credit | Credit Spread Adjustment |  |  |  |
Debt |  |  |  |
Interest rate added to variable rate basis | 0.10% |  |  |
Revolving Credit Facility | Line of Credit | ABR Applicable Margin | Minimum |  |  |  |
Debt |  |  |  |
Interest rate added to variable rate basis | 1.50% |  |  |
Revolving Credit Facility | Line of Credit | ABR Applicable Margin | Maximum |  |  |  |
Debt |  |  |  |
Interest rate added to variable rate basis | 2.50% |  |  |

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- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (b)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-4 + Details
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)(a)(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B + Details
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