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v3.22.2

FINANCING ARRANGEMENTS (Tables) | 6 Months Ended
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Jun. 30, 2022
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 consist of the following:
|  |  |  | June 30, 2022 |  | December 31, 2021
(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: |  |  |  |  |  |  |  |  |  |
2018 Restated Credit Agreement |  |  |  |  |  |  |  |  |  |
2023 Revolving Credit Facility |  | June 2023 |  | $ | — |  |  | $ | — |  |  | $ | 285 |  |  | $ | 285 |
June 2025 Term Loan B Facility |  | June 2025 |  | — |  |  | — |  |  | 2,829 |  |  | 2,772 |
November 2025 Term Loan B Facility |  | November 2025 |  | — |  |  | — |  |  | 994 |  |  | 984 |
2022 Amended Credit Agreement |  |  |  |  |  |  |  |  |  |
2027 Revolving Credit Facility |  | February 2027 |  | 425 |  |  | 425 |  |  | — |  |  | — |
February 2027 Term Loan B Facility |  | February 2027 |  | 2,500 |  |  | 2,448 |  |  | — |  |  | — |
B+L Credit Facilities |  |  |  |  |  |  |  |  |  |
B+L Revolving Credit Facility |  | May 2027 |  | — |  |  | — |  |  | — |  |  | — |
B+L Term Facility |  | May 2027 |  | 2,500 |  |  | 2,446 |  |  | — |  |  | — |
Senior Secured Notes: |  |  |  |  |  |  |  |  |  |
5.50% Secured Notes |  | November 2025 |  | 1,750 |  |  | 1,740 |  |  | 1,750 |  |  | 1,739 |
6.125% Secured Notes |  | February 2027 |  | 1,000 |  |  | 986 |  |  | — |  |  | — |
5.75% Secured Notes |  | August 2027 |  | 500 |  |  | 496 |  |  | 500 |  |  | 495 |
4.875% Secured Notes |  | June 2028 |  | 1,600 |  |  | 1,581 |  |  | 1,600 |  |  | 1,580 |
Senior Unsecured Notes: |  |  |  |  |  |  |  |  |  |
6.125% |  | April 2025 |  | — |  |  | — |  |  | 2,650 |  |  | 2,640 |
9.00% |  | December 2025 |  | 1,500 |  |  | 1,485 |  |  | 1,500 |  |  | 1,482 |
9.25% |  | April 2026 |  | 1,500 |  |  | 1,490 |  |  | 1,500 |  |  | 1,489 |
8.50% |  | January 2027 |  | 1,750 |  |  | 1,754 |  |  | 1,750 |  |  | 1,754 |
7.00% |  | January 2028 |  | 748 |  |  | 742 |  |  | 750 |  |  | 743 |
5.00% |  | January 2028 |  | 1,176 |  |  | 1,165 |  |  | 1,250 |  |  | 1,238 |
6.25% |  | February 2029 |  | 1,406 |  |  | 1,391 |  |  | 1,500 |  |  | 1,483 |
5.00% |  | February 2029 |  | 834 |  |  | 826 |  |  | 1,000 |  |  | 990 |
7.25% |  | May 2029 |  | 745 |  |  | 738 |  |  | 750 |  |  | 742 |
5.25% |  | January 2030 |  | 1,201 |  |  | 1,189 |  |  | 1,250 |  |  | 1,237 |
5.25% |  | February 2031 |  | 909 |  |  | 900 |  |  | 1,000 |  |  | 989 |
Other |  | Various |  | 12 |  |  | 12 |  |  | 12 |  |  | 12 |
Total long-term debt |  |  |  | $ | 22,056 |  |  | 21,814 |  |  | $ | 22,870 |  |  | 22,654 |
Less: Current portion of long-term debt |  |  |  | 150 |  |  |  |  | — |
Non-current portion of long-term debt |  |  |  |  |  | $ | 21,664 |  |  |  |  | $ | 22,654 |
Schedule of long-term debt maturities | Maturities of debt obligations for the remainder of 2022, the five succeeding years ending December 31 and thereafter are as follows:
(in millions) |
Remainder of 2022 | $ | 75 |
2023 | 150 |
2024 | 150 |
2025 | 3,400 |
2026 | 1,650 |
2027 | 8,000 |
Thereafter | 8,631 |
Total debt obligations | 22,056 |
Unamortized premiums, discounts and issuance costs | (242) |
Total long-term debt and other | $ | 21,814 |

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