XML 48 R39.htm IDEA: XBRL DOCUMENT
v3.22.1

FINANCING ARRANGEMENTS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
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, 2021 and 2020 consists of the following:
|  |  |  | 2021 |  | 2020
(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 |  | $ | 285 |  |  | $ | 285 |  |  | $ | — |  |  | $ | — |
June 2025 Term Loan B Facility |  | June 2025 |  | 2,829 |  |  | 2,772 |  |  | 3,298 |  |  | 3,220 |
November 2025 Term Loan B Facility |  | November 2025 |  | 994 |  |  | 984 |  |  | 1,125 |  |  | 1,112 |
Senior Secured Notes: |  |  |  |  |  |  |  |  |  |
7.000% Secured Notes |  | March 2024 |  | — |  |  | — |  |  | 2,000 |  |  | 1,987 |
5.500% Secured Notes |  | November 2025 |  | 1,750 |  |  | 1,739 |  |  | 1,750 |  |  | 1,736 |
5.750% Secured Notes |  | August 2027 |  | 500 |  |  | 495 |  |  | 500 |  |  | 494 |
4.875% Secured Notes |  | June 2028 |  | 1,600 |  |  | 1,580 |  |  | — |  |  | — |
Senior Unsecured Notes: |  |  |  |  |  |  |  |  |  |
6.125% |  | April 2025 |  | 2,650 |  |  | 2,640 |  |  | 3,250 |  |  | 3,234 |
9.000% |  | December 2025 |  | 1,500 |  |  | 1,482 |  |  | 1,500 |  |  | 1,478 |
9.250% |  | April 2026 |  | 1,500 |  |  | 1,489 |  |  | 1,500 |  |  | 1,487 |
8.500% |  | January 2027 |  | 1,750 |  |  | 1,754 |  |  | 1,750 |  |  | 1,755 |
7.000% |  | January 2028 |  | 750 |  |  | 743 |  |  | 750 |  |  | 742 |
5.000% |  | January 2028 |  | 1,250 |  |  | 1,238 |  |  | 1,250 |  |  | 1,236 |
6.250% |  | February 2029 |  | 1,500 |  |  | 1,483 |  |  | 1,500 |  |  | 1,480 |
5.000% |  | February 2029 |  | 1,000 |  |  | 990 |  |  | 1,000 |  |  | 988 |
7.250% |  | May 2029 |  | 750 |  |  | 742 |  |  | 750 |  |  | 741 |
5.250% |  | January 2030 |  | 1,250 |  |  | 1,237 |  |  | 1,250 |  |  | 1,235 |
5.250% |  | February 2031 |  | 1,000 |  |  | 989 |  |  | 1,000 |  |  | 988 |
Other |  | Various |  | 12 |  |  | 12 |  |  | 12 |  |  | 12 |
Total long-term debt and other |  |  |  | $ | 22,870 |  |  | 22,654 |  |  | $ | 24,185 |  |  | 23,925 |
Less: Current portion of long-term debt and other |  |  |  | — |  |  |  |  | — |
Non-current portion of long-term debt |  |  |  |  |  | $ | 22,654 |  |  |  |  | $ | 23,925 |
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) |
2022 | $ | — |
2023 | 285 |
2024 | — |
2025 | 9,723 |
2026 | 1,500 |
Thereafter | 11,362 |
Total gross maturities | 22,870 |
Unamortized discounts | (216) |
Total long-term debt and other | $ | 22,654 |

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: | dtr-types: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=123465755&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration