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Basis Of Presentation Financial Instruments - Fair Value Indebtedness Table (Details) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Long-term debt principal amount $ 2,816  
Secured Debt | 9.75% Senior Secured Second Lien Notes    
Long-term debt principal amount 500 [1] $ 0
Long-term debt fair value [2] 508 0
Secured Debt | 7.00% Senior Secured Second Lien Notes    
Long-term debt principal amount 640 640
Long-term debt fair value [2] 597 564
Senior Notes | 5.75% Senior Notes    
Long-term debt principal amount 559 558
Long-term debt fair value [2] 488 442
Senior Notes | 5.25% Senior Notes    
Long-term debt principal amount 449 449
Long-term debt fair value [2] 366 337
Convertible Debt | 0.25% Exchangeable Senior Notes    
Long-term debt principal amount 58 [1] 403
Long-term debt fair value [2] 56 359
Line of Credit | Revolving Credit Facility    
Line of credit facility outstanding 610 [3],[4],[5] 490
Line of credit facility fair value [2] $ 610 $ 490
[1] See below under the header "Issuance of 9.75% Senior Secured Second Lien Notes due 2030 and Partial Repurchase of Exchangeable Senior Notes" for additional information related to the debt transactions during the second quarter of 2025.
[2] The fair value of the Company's indebtedness is categorized as Level II.
[3] The maturity date of the Revolving Credit Facility is July 27, 2027; however, it may spring forward to March 16, 2026 if the Exchangeable Senior Notes have not been extended, refinanced or replaced to have a maturity date after October 26, 2027 (or are not otherwise discharged, defeased or repaid by March 16, 2026).
[4] The interest rate with respect to revolving loans under the Revolving Credit Facility at June 30, 2025 is based on, at the Company's option, Term Secured Overnight Financing Rate ("SOFR") plus a 10 basis point credit spread adjustment or JP Morgan Chase Bank, N.A.'s prime rate ("ABR") plus (in each case) an additional margin subject to adjustment based on the then current senior secured leverage ratio. Based on the previous quarter's senior secured leverage ratio, the SOFR margin was 1.75% and the ABR margin was 0.75% for the three months ended June 30, 2025.
[5] As of June 30, 2025, the Company had $1,100 million of borrowing capacity under its Revolving Credit Facility. As of June 30, 2025, there were $610 million of outstanding borrowings under the Revolving Credit Facility and $32 million of outstanding undrawn letters of credit. On August 6, 2025, the Company had $445 million of outstanding borrowings under the Revolving Credit Facility and $32 million of outstanding undrawn letters of credit.