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Debt (Tables)

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Schedule of Debt

The Company's debt consists of the following (in millions):

			Weighted Average Effective Interest Rate at December 31, 2024						Weighted Average Stated Interest Rate at December 31, 2024						Fixed or Floating Interest Rate						Maturity						December 31, 2024						December 31, 2023
Senior Notes
2027 Notes			5.61%						5.50%						Fixed						2027						$	1,200					$	1,200
2029 Notes			6.91%						6.63%						Fixed						2029						$	800					—
Other Debt
ABL Credit Facility			N/A						5.83%						Floating						2027						1,621						2,072
AR Facility			N/A						5.36%						Floating						2025						400						345
Finance lease liabilities			4.29%						N/A						Fixed						2025-2032						77						76
Unamortized Debt Issuance Costs(a)																											(12)						(5)
Total debt																											4,086						3,688
Less: Current maturities of long-term debt																											(17)						(15)
Long-term debt, net																											$	4,069					$	3,673

(a)    Unamortized debt issuance costs totaling $6 million and $8 million related to the ABL Credit Facility and AR Facility (as each is defined below) as of December 31, 2024 and 2023, respectively, are included in "Other long-term assets" in the consolidated balance sheets.

Schedule of Nominal Principal Amounts of Maturities of Debt

The nominal principal amounts of maturities of debt for each of the periods ending December 31 are as follows (in millions):

2025			$	17
2026			16
2027			3,233
2028			12
2029			810
Thereafter			10
Total			$	4,098

Schedule of Borrowing Capacity and Availability on Line of Credit

After outstanding borrowings, the following was available to the Company under the ABL Credit Facility and AR Facility as of December 31, 2024 (in millions):

			Remaining Capacity						Availability Under Borrowing Base Limitation
ABL Credit Facility			$	1,845					$	1,845
AR Facility			—						—
Total			$	1,845					$	1,845

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Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line.

+ 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)(b))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

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-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(19)(b))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

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