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v3.25.2

Debt (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Debt |
Long-term Debt | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, | ​ | December 31, | ​ | June 30, | ​
​ |  | 2025 |  | 2024 |  | 2024 | ​
Secured Credit Agreement: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Revolving Credit Facility: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Revolving Loans | ​ | $ | 205 | ​ | $ | — | ​ | $ | — | ​
Term Loans: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Term Loan A | ​ | ​ | 1,339 | ​ | ​ | 1,338 | ​ | ​ | 1,392 | ​
Senior Notes: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
3.125%, due 2024 (€58 million at June 30, 2024) | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 62 | ​
5.375%, due 2025 | ​ | ​ | ​ | ​ | ​ | 17 | ​ | ​ | 17 | ​
2.875%, due 2025 (€176 million at December 31, 2024 and June 30, 2024) | ​ | ​ | ​ | ​ | ​ | 183 | ​ | ​ | 188 | ​
6.625%, due 2027 | ​ | ​ | 610 | ​ | ​ | 609 | ​ | ​ | 609 | ​
6.250%, due 2028 (€600 million) | ​ | ​ | 699 | ​ | ​ | 619 | ​ | ​ | 635 | ​
5.250%, due 2029 (€500 million) | ​ | ​ | 580 | ​ | ​ | 514 | ​ | ​ | 527 | ​
4.750%, due 2030 | ​ | ​ | 397 | ​ | ​ | 397 | ​ | ​ | 397 | ​
7.250%, due 2031 | ​ | ​ | 683 | ​ | ​ | 683 | ​ | ​ | 682 | ​
7.375%, due 2032 | ​ | ​ | 296 | ​ | ​ | 296 | ​ | ​ | 296 | ​
Finance leases | ​ | ​ | 186 | ​ | ​ | 195 | ​ | ​ | 189 | ​
Other | ​ |  | 8 | ​ | ​ | 8 | ​ | ​ | 1 | ​
Total long-term debt | ​ |  | 5,003 | ​ |  | 4,859 | ​ | ​ | 4,995 | ​
Less amounts due within one year | ​ |  | 105 | ​ | ​ | 306 | ​ | ​ | 347 | ​
Long-term debt | ​ | $ | 4,898 | ​ | $ | 4,553 | ​ | $ | 4,648 | ​
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 | ​ | ​ | 100.26 | ​ | $ | 614 | ​
6.250%, due 2028 (€600 million) | ​ | ​ | 704 | ​ | ​ | 103.40 | ​ | ​ | 728 | ​
5.250%, due 2029 (€500 million) | ​ | ​ | 587 | ​ | ​ | 103.06 | ​ | ​ | 605 | ​
4.750%, due 2030 | ​ | ​ | 400 | ​ | ​ | 96.09 | ​ | ​ | 384 | ​
7.250%, due 2031 | ​ | ​ | 690 | ​ | ​ | 102.68 | ​ | ​ | 708 | ​
7.375%, due 2032 | ​ | ​ | 300 | ​ | ​ | 102.19 | ​ | ​ | 307 | ​
​

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