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v3.25.1

Debt (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Debt |
Long-term Debt | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, | ​ | December 31, | ​ | March 31, | ​
​ |  | 2025 |  | 2024 |  | 2024 | ​
Secured Credit Agreement: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Revolving Credit Facility: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Revolving Loans | ​ | $ | 185 | ​ | $ | — | ​ | $ | — | ​
Term Loans: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Term Loan A | ​ | ​ | 1,338 | ​ | ​ | 1,338 | ​ | ​ | 1,391 | ​
Senior Notes: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
3.125%, due 2024 (€58 million) | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 62 | ​
6.375%, due 2025 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 299 | ​
5.375%, due 2025 | ​ | ​ | ​ | ​ | ​ | 17 | ​ | ​ | 17 | ​
2.875%, due 2025 (€176 million at December 31, 2024 and €500 million at March 31, 2024) | ​ | ​ | ​ | ​ | ​ | 183 | ​ | ​ | 537 | ​
6.625%, due 2027 | ​ | ​ | 609 | ​ | ​ | 609 | ​ | ​ | 608 | ​
6.250%, due 2028 (€600 million) | ​ | ​ | 645 | ​ | ​ | 619 | ​ | ​ | 640 | ​
5.250%, due 2029 (€500 million) | ​ | ​ | 535 | ​ | ​ | 514 | ​ | ​ | ​ | ​
4.750%, due 2030 | ​ | ​ | 397 | ​ | ​ | 397 | ​ | ​ | 396 | ​
7.250%, due 2031 | ​ | ​ | 683 | ​ | ​ | 683 | ​ | ​ | 682 | ​
7.375%, due 2032 | ​ | ​ | 296 | ​ | ​ | 296 | ​ | ​ | ​ | ​
Finance leases | ​ | ​ | 192 | ​ | ​ | 195 | ​ | ​ | 181 | ​
Other | ​ |  | 9 | ​ | ​ | 8 | ​ | ​ | 2 | ​
Total long-term debt | ​ |  | 4,889 | ​ |  | 4,859 | ​ | ​ | 4,815 | ​
Less amounts due within one year | ​ |  | 103 | ​ | ​ | 306 | ​ | ​ | 696 | ​
Long-term debt | ​ | $ | 4,786 | ​ | $ | 4,553 | ​ | $ | 4,119 | ​
Fair values of the Company's significant fixed rate debt obligations |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Principal | ​ | Indicated Market | ​ | ​ | ​
​ |  | Amount |  | Price |  | Fair Value | ​
Senior Notes: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
6.625%, due 2027 | ​ | $ | 612 | ​ | ​ | 99.69 | ​ | $ | 610 | ​
6.250%, due 2028 (€600 million) | ​ | ​ | 650 | ​ | ​ | 102.75 | ​ | ​ | 668 | ​
5.250%, due 2029 (€500 million) | ​ | ​ | 542 | ​ | ​ | 100.66 | ​ | ​ | 546 | ​
4.750%, due 2030 | ​ | ​ | 400 | ​ | ​ | 92.14 | ​ | ​ | 369 | ​
7.250%, due 2031 | ​ | ​ | 690 | ​ | ​ | 97.76 | ​ | ​ | 675 | ​
7.375%, due 2032 | ​ | ​ | 300 | ​ | ​ | 95.91 | ​ | ​ | 288 | ​
​

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