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LONG-TERM DEBT (Tables)
 12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
Long-term debt outstanding as of December 31, 2021 (Successor) and December 31, 2020 (Successor) consisted of the following:
(In thousands)Successor Company
December 31,
2021		December 31,
2020
Term Loan Facility due 2026$1,864,032 $2,080,259 
Incremental Term Loan Facility due 2026401,220 447,750 
Asset-based Revolving Credit Facility due 2023(1)
— — 
6.375% Senior Secured Notes due 2026
800,000 800,000 
5.25% Senior Secured Notes due 2027
750,000 750,000 
4.75% Senior Secured Notes due 2028
500,000 500,000 
Other secured subsidiary debt(2)
5,350 22,753 
Total consolidated secured debt4,320,602 4,600,762 
8.375% Senior Unsecured Notes due 2027
1,450,000 1,450,000 
Other unsecured subsidiary debt90 6,782 
Original issue discount(13,454)(18,817)
Long-term debt fees(18,370)(21,797)
Total debt5,738,868 6,016,930 
Less: Current portion673 34,775 
Total long-term debt$5,738,195 $5,982,155 

(1)As of December 31, 2021, the ABL Facility had a facility size of $450.0 million, no outstanding borrowings and $26.9 million of outstanding letters of credit, resulting in $423.1 million of borrowing base availability.
(2)Other secured subsidiary debt consists of finance lease obligations maturing at various dates from 2022 through 2045.
Schedule of Future Maturities of Long-term Debt
Future maturities of long-term debt at December 31, 2021 are as follows:
(in thousands)
2022$673 
2023639 
2024338 
2025220 
20263,065,381 
Thereafter2,703,441 
Total (1)
$5,770,692 
(1)Excludes original issue discount of $13.5 million and long-term debt fees of $18.4 million, which are amortized through interest expense over the life of the underlying debt obligations..