XML 57 R39.htm IDEA: XBRL DOCUMENT
v3.20.4

FINANCING ARRANGEMENTS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Debt Disclosure [Abstract] |
Schedule of long-term debt | Principal amounts of debt obligations and principal amounts of debt obligations net of premiums, discounts and issuance costs as of December 31, 2020 and 2019 consists of the following:
|  |  |  | 2020 |  | 2019
(in millions) |  | Maturity |  | Principal Amount |  | Net of Premiums, Discounts and Issuance Costs |  | Principal Amount |  | Net of Premiums, Discounts and Issuance Costs
Senior Secured Credit Facilities: |  |  |  |  |  |  |  |  |  |
2023 Revolving Credit Facility |  | June 2023 |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
June 2025 Term Loan B Facility |  | June 2025 |  | 3,298 |  |  | 3,220 |  |  | 3,869 |  |  | 3,768 |
November 2025 Term Loan B Facility |  | November 2025 |  | 1,125 |  |  | 1,112 |  |  | 1,275 |  |  | 1,257 |
Senior Secured Notes: |  |  |  |  |  |  |  |  |  |
6.50% Secured Notes |  | March 2022 |  | — |  |  | — |  |  | 1,250 |  |  | 1,242 |
7.00% Secured Notes |  | March 2024 |  | 2,000 |  |  | 1,987 |  |  | 2,000 |  |  | 1,983 |
5.50% Secured Notes |  | November 2025 |  | 1,750 |  |  | 1,736 |  |  | 1,750 |  |  | 1,733 |
5.75% Secured Notes |  | August 2027 |  | 500 |  |  | 494 |  |  | 500 |  |  | 493 |
Senior Unsecured Notes: |  |  |  |  |  |  |  |  |  |
5.50% |  | March 2023 |  | — |  |  | — |  |  | 402 |  |  | 400 |
5.875% |  | May 2023 |  | — |  |  | — |  |  | 1,448 |  |  | 1,441 |
4.50% euro-denominated debt |  | May 2023 |  | — |  |  | — |  |  | 1,682 |  |  | 1,674 |
6.125% |  | April 2025 |  | 3,250 |  |  | 3,234 |  |  | 3,250 |  |  | 3,230 |
9.00% |  | December 2025 |  | 1,500 |  |  | 1,478 |  |  | 1,500 |  |  | 1,473 |
9.25% |  | April 2026 |  | 1,500 |  |  | 1,487 |  |  | 1,500 |  |  | 1,484 |
8.50% |  | January 2027 |  | 1,750 |  |  | 1,755 |  |  | 1,750 |  |  | 1,756 |
7.00% |  | January 2028 |  | 750 |  |  | 742 |  |  | 750 |  |  | 741 |
5.00% |  | January 2028 |  | 1,250 |  |  | 1,236 |  |  | 1,250 |  |  | 1,234 |
6.25% |  | February 2029 |  | 1,500 |  |  | 1,480 |  |  | — |  |  | — |
5.00% |  | February 2029 |  | 1,000 |  |  | 988 |  |  | — |  |  | — |
7.25% |  | May 2029 |  | 750 |  |  | 741 |  |  | 750 |  |  | 740 |
5.25% |  | January 2030 |  | 1,250 |  |  | 1,235 |  |  | 1,250 |  |  | 1,234 |
5.25% |  | February 2031 |  | 1,000 |  |  | 988 |  |  | — |  |  | — |
Other |  | Various |  | 12 |  |  | 12 |  |  | 12 |  |  | 12 |
Total long-term debt and other |  |  |  | $ | 24,185 |  |  | 23,925 |  |  | $ | 26,188 |  |  | 25,895 |
Less: Current portion of long-term debt and other |  |  |  | — |  |  |  |  | 1,234 |
Non-current portion of long-term debt |  |  |  |  |  | $ | 23,925 |  |  |  |  | $ | 24,661 |
Schedule of aggregate maturities of long-term debt | Maturities and Mandatory Payments Maturities and mandatory payments of debt obligations for the five succeeding years ending December 31 and thereafter are as follows:
(in millions) |
2021 | $ | — |
2022 | — |
2023 | — |
2024 | 2,291 |
2025 | 10,632 |
Thereafter | 11,262 |
Total gross maturities | 24,185 |
Unamortized discounts | (260) |
Total long-term debt and other | $ | 23,925 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration