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Short And Long-Term Debt Maturities Table (Details) - USD ($)
$ in Millions
6 Months Ended 12 Months Ended
Dec. 31, 2019
Jun. 30, 2019
Jun. 30, 2020
Dec. 31, 2018
Maturities of Long-term Debt        
Remaining 2019 (a) [1]   $ 344    
2020   44    
2021   612    
2022   81    
2023   $ 1,075    
Long-term Debt Maturities, Years Presented   4 years    
Current portion of long-term debt   $ 364   $ 748
Line of Credit | Revolving Credit Facility        
Maturities of Long-term Debt        
Line of credit facility outstanding   $ 330 [2],[3]   $ 270
Scenario, Forecast | Secured Debt | Term Loan A        
Maturities of Long-term Debt        
Debt Instrument, Periodic Payment, Principal $ 9   $ 23  
Scenario, Forecast | Secured Debt | Term Loan B        
Maturities of Long-term Debt        
Debt Instrument, Periodic Payment, Principal $ 5   $ 11  
[1]
Remaining 2019 includes amortization payments totaling $9 million and $5 million for the Term Loan A and Term Loan B facilities, respectively, as well as $330 million of revolver borrowings under the Revolving Credit Facility which expires in February 2023 but is classified on the balance sheet as current due to the revolving nature and terms and conditions of the facility. The current portion of long-term debt of $364 million shown on the condensed consolidated balance sheet consists of four quarters of amortization payments totaling $23 million and $11 million for the Term Loan A and Term Loan B facilities, respectively, and $330 million of revolver borrowings under the Revolving Credit Facility.
[2]
As of June 30, 2019, the Company had $1,425 million of borrowing capacity under its Revolving Credit Facility. The Revolving Credit Facility expires in February 2023 but is classified on the balance sheet as current due to the revolving nature and terms and conditions of the facility. In March 2019, the Company increased the borrowing capacity under its Revolving Credit Facility to $1,425 million from $1,400 million. On August 6, 2019, the Company had $265 million in outstanding borrowings under the Revolving Credit Facility.
[3]
Interest rates with respect to revolving loans under the Senior Secured Credit Facility at June 30, 2019 were based on, at the Company's option, (a) adjusted London Interbank Offering Rate ("LIBOR") plus an additional margin or (b) JP Morgan Chase Bank, N.A.'s prime rate ("ABR") plus an additional margin, in each case subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter's senior secured leverage ratio, the LIBOR margin was 2.25% and the ABR margin was 1.25% for the three months ended June 30, 2019.