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Fair Value Indebtedness Table (Details) - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Feb. 28, 2018
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Long-term Debt, Gross $ 3,239    
Secured Debt | Term Loan B      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Long-term Debt, Gross 1,048 [1] $ 1,058 $ 1,080
Fair value of long-term debt [2] 1,032 1,048  
Secured Debt | Term Loan A      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Long-term Debt, Gross 684 [3] 717 $ 750
Fair value of long-term debt [2] 671 705  
Secured Debt | 7.625% Senior Secured Second Lien Notes      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Long-term Debt, Gross 550 0  
Fair value of long-term debt [2] 595 0  
Senior Notes | 5.25% Senior Notes      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Long-term Debt, Gross 0 550  
Fair value of long-term debt [2] 0 557  
Senior Notes | 4.875% Senior Notes      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Long-term Debt, Gross 407 407  
Fair value of long-term debt [2] 415 401  
Senior Notes | 9.375% Senior Notes      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Long-term Debt, Gross 550 550  
Fair value of long-term debt [2] 609 572  
Line of Credit | Revolving Credit Facility      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Line of credit facility outstanding amount 0 [4],[5] 190  
Line of credit facility fair value [2] $ 0 $ 190  
[1] The Term Loan B Facility provides for quarterly amortization payments totaling 1% per annum of the original principal amount. The interest rate with respect to term loans under the Term Loan B Facility is based on, at the Company’s option, (a) adjusted LIBOR plus 2.25% (with a LIBOR floor of 0.75%) or (b) ABR plus 1.25% (with an ABR floor of 1.75%). See Note 20, "Subsequent Events", for a description of the January and February issuances of 5.75% Senior Notes and the January 2021 amendments to the Senior Secured Credit Facility and Term Loan A Facility.
[2] The fair value of the Company's indebtedness is categorized as Level II.
[3] The Term Loan A Facility provides for quarterly amortization payments, equal to a percentage of the original principal amount of the Term Loan A, as follows: 0.625% per quarter from June 30, 2018 to March 31, 2020; 1.25% per quarter from June 30, 2020 to March 31, 2021; 1.875% per quarter from June 30, 2021 to March 31, 2022; and 2.50% per quarter for periods ending on or after June 30, 2022, with the balance of the Term Loan A Facility due at maturity on February 8, 2023. The interest rates with respect to the Term Loan A Facility are based on, at the Company's option, (a) adjusted LIBOR plus an additional margin or (b) 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 2.00% and the ABR margin was 1.00% for the three months ended December 31, 2020. See Note 20, "Subsequent Events", for a description of the January and February issuances of 5.75% Senior Notes and amendments to the Senior Secured Credit Facility and Term Loan A Facility.
[4] As of December 31, 2020, the $1,425 million Revolving Credit Facility had no outstanding borrowings and $42 million of outstanding undrawn letters of credit. 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. See Note 20, "Subsequent Events", for a description of the January and February issuances of 5.75% Senior Notes and amendments to the Senior Secured Credit Facility and Term Loan A Facility. On February 19, 2021, the Company had no outstanding borrowings under the Revolving Credit Facility and $42 million of outstanding undrawn letters of credit.
[5] Interest rates with respect to revolving loans under the Senior Secured Credit Facility at December 31, 2020 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 2.00% and the ABR margin was 1.00% for the three months ended December 31, 2020. See Note 20, "Subsequent Events", for a description of the January and February issuances of 5.75% Senior Notes and amendments to the Senior Secured Credit Facility and Term Loan A Facility.