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Debt (Tables)

12 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

Long-term debt was as follows:

												December 31,
(in millions)						Weighted Average Interest Rates at December 31, 2022(1)						2022						2021
Term loan A due 2026						4.97		%				$	252					$	265
Term loan B due 2028						6.42		%				510						515
Senior notes due 2029						6.15		%				520						520
Revolving credit facility maturing 2026						—		%				—						100
Finance lease obligations						7.00		%				20						16
Other						3.98		%				33						24
Principal Debt Balance												$	1,335					$	1,440
Debt issuance costs and unamortized discounts												(23)						(27)
Less: current maturities												(35)						(30)
Total Long-term Debt												$	1,277					$	1,383

 ____________

(1)Represents weighted average effective interest rate which includes the effect of discounts and debt issuance costs on issued debt.

Schedule of Maturities of Long-term Debt

Scheduled principal payments due on long-term debt for the next five years (in millions) are as follows:

2023						2024						2025						2026						2027						Thereafter												Total
$	35					$	31					$	26					$	230					$	9					$	1,004											$	1,335

Schedule Of Interest Expense And Interest Income

Interest expense and interest income were as follows:

						Year Ended December 31,
(in millions)						2022						2021						2020
Interest expense						$	84					$	55					$	60
Interest income(1)						7						1						2

 ____________

(1)Included in Other (income) expenses, net on the Consolidated Statements of Income (Loss).

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